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


To: pcstel who wrote (146680)11/1/2014 10:40:05 PM
From: Wharf Rat  Read Replies (1) | Respond to of 149317
 
"Hard to deny that the period from 2001-2007 was a period of economic expansion"

So has been the period from 7/09 until sometime in the future. When it stops, nobody knows. Lots of people guessed 8/09. They were wrong.

As the data show, the Obama stimulus and other federal programs restarted GDP growth by the third quarter of 2009. Under the NBER's technical definition, the Bush recession which began in December 2007 ended in June 2009, making it at 18 months "the longest of any recession since World War II."

crooksandliars.com

When Bush left office after 8 years, we had created 1.11M jobs.
First 4 years under Obama, 1.5 M
2nd term thru June, 3.6 M, with about 600K more last quarter. If we keep that up for the rest of his term, he'll be close to what Raygun did in his second term. Maybe Obamacare will be the stimulus he needs to accomplish that.

6/06/2014 @ 11:32AM 46.060 views Since Obamacare Passed 50 Months Ago, Healthcare Has Gained Almost 1 Million Jobs

forbes.com



To: pcstel who wrote (146680)11/2/2014 11:45:39 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
I am hoping you have given what you have written some thought and not just ranting away.

Economies rise and fall due to the policies set by the President and not so much on the laws enacted by Congress. These policies may require Congress to pass bills that the President proposes. What economic bills did Bush propose, what economic policies did he set so that he could arrest the eco in slide that began in 2004 and cousing the slide to put the Democrats in power in Congress.

Do you think the 2006 and 2008 election trend is what we are going to see in 2014 and 2016. Are you expecting the economy to slide to the extent that we saw between 2006 to 2008 if the Republicans win the Senate?

I definitely have an idea of what you are trying to say but it does not make sense to me.