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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (115648)6/21/2012 2:38:34 PM
From: tejek  Read Replies (3) | Respond to of 149317
 
Whatever.

No, not whatever. Its a critical point that you insist on glossing over.

Looks like the market was propped up on the expectation of more crack...ahem, I mean QE...and instead they got more Operation Twist. Now the markets are deflating. So predictable.

There has been no recovery except for the 1% and the only thing propping up the stock market has been the Fed actions. Until the Fed gets out of the way and the bad debt clears the system, we'll continue to get these same awful economic and stock market results.


There has been recovery but its not enough because the damage was so severe. Under Bush's two terms, the country created only a million jobs even as the country grew by millions during the period......and then lost nearly 4 million jobs [of which many have been recoved] under Obama due to the Great Recession:

en.wikipedia.org

Bush was an unmitigated disaster. Again you are too quick to gloss that point. The butthole has nearly ruined the life of myself and many Americans. And to make matters worse.......growth was so anemic under Bush that wages stagnated even as the cost of living kept going up. A million jobs even as the country grew by millions during that period. Worst president in 100 years and Obama has been working diligently to get us out of the mess..

YOU NEED TO SHOW YOUR APPRECIATION!