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CNBC - US Economy Grows 1.9% - Bad News For Obama

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posted on May, 31 2012 @ 10:37 AM
link   

Originally posted by beezzer
reply to post by Eurisko2012
 
1.9% Growt will be the new normal.

Can't wait to watch the spin.

S&F



edit on 31-5-2012 by beezzer because: (no reason given)


I thought you were an advocate of austerity? If austerity in America resembles that of Europe you will be lucky if you even get 1.9% growth.




posted on May, 31 2012 @ 10:37 AM
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Originally posted by Beanskinner

Originally posted by Eurisko2012

Originally posted by beezzer
reply to post by Eurisko2012
 
1.9% Growt will be the new normal.

Can't wait to wth the spin.

S&F




More numbers are coming out tomorrow morning. Stay tuned.

I predict a dismal Job Growth Report of only 140,000 jobs Friday morning.


Wee bit better than the 750,000 jobs loss that followed Bush out and launched Obama -

It's easy to talk smack and forget what REAL failure looked like

Jobs growth NEGATIVE 750,000!

And it sound to me like you want America to fail?

That is messed up, all so you can hate on one man.

That's messed up


Blaming Bush is a losing path for you to take.

It's over. Clearly, Obamas policies have failed.

The American people want solutions not excuses.

Do you have any solutions???



posted on May, 31 2012 @ 10:37 AM
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Originally posted by Eurisko2012

Originally posted by Beanskinner
I came across this

Comparing the 1980 economy - Carter

With the 2012 economy - Obama



Nice chart but truth be told we deserve better than economic - s t a g n a t i o n -.

If stagnation continues then : 75% of college graduates will be either unemployed or

underemployed.

---------

It's time to speed dial Hillary Clinton.


Well, when I learned how to read and comprehend data, I was taught that plus signs indicates

growth.



posted on May, 31 2012 @ 10:39 AM
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Originally posted by Eurisko2012

Originally posted by Beanskinner

Originally posted by Eurisko2012

Originally posted by beezzer
reply to post by Eurisko2012
 
1.9% Growt will be the new normal.

Can't wait to wth the spin.

S&F




More numbers are coming out tomorrow morning. Stay tuned.

I predict a dismal Job Growth Report of only 140,000 jobs Friday morning.


Wee bit better than the 750,000 jobs loss that followed Bush out and launched Obama -

It's easy to talk smack and forget what REAL failure looked like

Jobs growth NEGATIVE 750,000!

And it sound to me like you want America to fail?

That is messed up, all so you can hate on one man.

That's messed up


Blaming Bush is a losing path for you to take.

It's over. Clearly, Obamas policies have failed.

The American people want solutions not excuses.

Do you have any solutions???


I am comparing

The economy at 150,000 jobs a month is still nearly 1 MILLION jobs better a month -

It is only human to compare.

Bush ended up being awful and Obama is doing a better job that's all
edit on 31-5-2012 by Beanskinner because: (no reason given)



posted on May, 31 2012 @ 10:42 AM
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Originally posted by Eurisko2012


When President Mitt Romney removes the wet blanket that Obama has wrapped around

free market capitalism then the unemployment rate will fall to 4%.

President Mitt Romney will also enact another Tax Repatriation Holiday.

Fortune 500 corporations will bring $$$ billions back to the USA.



You do realize, I hope, that the last time we instituted a "tax repatriation holiday," the money came right back alright. It came right back and went straight into the pockets of the wealthy elite. It did not pass "Go," It did not collect $200, and it did NOT create any huge influx of jobs. What a load of crap!



posted on May, 31 2012 @ 10:43 AM
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reply to post by Beanskinner
 


Yes, there is growth but we deserve better than 1.9% growth.

Obamas policies have failed. Writing - u n e n d i n g - regulations just

strangled small businesses.

The time has come to push a capitalist in the front door of the White House.



posted on May, 31 2012 @ 10:49 AM
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Originally posted by Flatfish

Originally posted by Eurisko2012


When President Mitt Romney removes the wet blanket that Obama has wrapped around

free market capitalism then the unemployment rate will fall to 4%.

President Mitt Romney will also enact another Tax Repatriation Holiday.

Fortune 500 corporations will bring $$$ billions back to the USA.



You do realize, I hope, that the last time we instituted a "tax repatriation holiday," the money came right back alright. It came right back and went straight into the pockets of the wealthy elite. It did not pass "Go," It did not collect $200, and it did NOT create any huge influx of jobs. What a load of crap!


We are going to do it anyway and just see what happens.

We will probably see more stealing employees from competing firms.

Apple and Google had to go to court and agree to STOP doing it!


I think we will also see more hiring of college graduates. Time will tell.
edit on 31-5-2012 by Eurisko2012 because: (no reason given)



posted on May, 31 2012 @ 10:51 AM
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reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.



posted on May, 31 2012 @ 10:55 AM
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Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Hey Reagan bumped the national debt up 189% while he was in office

Obama's at 41%

And last time I checked the Constitution, Congress sets spending, not the executive branch
edit on 31-5-2012 by Beanskinner because: (no reason given)



posted on May, 31 2012 @ 10:56 AM
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Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Also, Obama has Solyndra wrapped around his neck.

- Green Energy Boondoggle -

- $535 Million flushed down the toilet -



posted on May, 31 2012 @ 10:58 AM
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Originally posted by Eurisko2012

Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Also, Obama has Solyndra wrapped around his neck.

- Green Energy Boondoggle -

- $535 Million flushed down the toilet -

$535,000,000.00
Far worse than the $1,500,000,000,000.00 Iraq boondoggle!

Bush had that wrapped around his neck, he got reelected.



posted on May, 31 2012 @ 10:59 AM
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Originally posted by Beanskinner

Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Hey Reagan bumped the national debt up 189% while he was in office

Obama's at 41%

And last time I checked the Constitution, Congress sets spending, not the executive branch
edit on 31-5-2012 by Beanskinner because: (no reason given)


There are certain truths that you cannot run from.

The USA now has a $16 Trillion National Debt.

It's a debt bomb that is just waiting to go off.

Just continue to pray that interest rates remain low.



posted on May, 31 2012 @ 10:59 AM
link   
reply to post by Eurisko2012
 


I think we learned our lesson from the last time. If & when it's done again, I'm sure you'll find that the qualifying requirements put in place to insure job creation will be stringent and only those dollars spent "Directly" on job creation will be privy to any tax breaks. It won't be anything like the last time!



posted on May, 31 2012 @ 11:01 AM
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Originally posted by Beanskinner

Originally posted by Eurisko2012

Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Also, Obama has Solyndra wrapped around his neck.

- Green Energy Boondoggle -

- $535 Million flushed down the toilet -

$535,000,000.00
Far worse than the $1,500,000,000,000.00 Iraq boondoggle!

Bush had that wrapped around his neck, he got reelected.



Bush has already served his 2 terms.

--------
Obama the socialist is doomed. Call Hillary.



posted on May, 31 2012 @ 11:01 AM
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Originally posted by woodwardjnr

Originally posted by beezzer
reply to post by Eurisko2012
 
1.9% Growt will be the new normal.

Can't wait to watch the spin.

S&F



edit on 31-5-2012 by beezzer because: (no reason given)


I thought you were an advocate of austerity? If austerity in America resembles that of Europe you will be lucky if you even get 1.9% growth.



I'm an advocate of not relying on governmen to begin with.
My comment simply relects the cynicism that I have for this administration.



posted on May, 31 2012 @ 11:02 AM
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Originally posted by Eurisko2012

Originally posted by Beanskinner

Originally posted by DarkStormCrow
reply to post by Beanskinner
 



Problem for Obama is Carter did not spend 5 trillion dollars, while Obama and the Democrats did.


Hey Reagan bumped the national debt up 189% while he was in office

Obama's at 41%

And last time I checked the Constitution, Congress sets spending, not the executive branch
edit on 31-5-2012 by Beanskinner because: (no reason given)


There are certain truths that you cannot run from.



You can't run from the truth that the all the GOP Presidents of the last 32 years Presidents
have launched massive debts too. So you can blowhard all you want, there's a hole in your trumpet.



posted on May, 31 2012 @ 11:03 AM
link   

Originally posted by Flatfish
reply to post by Eurisko2012
 


I think we learned our lesson from the last time. If & when it's done again, I'm sure you'll find that the qualifying requirements put in place to insure job creation will be stringent and only those dollars spent "Directly" on job creation will be privy to any tax breaks. It won't be anything like the last time!



Go ahead and make a few changes.

The Tax Repatriation Holiday 2.0 is on the way.

It should go well. Apple and Google have agreed to stop poaching each others

employees.



posted on May, 31 2012 @ 11:03 AM
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reply to post by Beanskinner
 


Yes and Bush 1 paid for it, you think Obama is immune?

Americans are pissed and it crosses all party lines, no incumbent is immune to voters this election.

189% of 1 trillion is a whole lot different than 41% of 12 trillion.



edit on 5/31/2012 by DarkStormCrow because: added figures



posted on May, 31 2012 @ 11:13 AM
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Originally posted by DarkStormCrow
reply to post by Beanskinner
 


Yes and Bush 1 paid for it, you think Obama is immune?

Americans are pissed and it crosses all party lines, no incumbent is immune to voters this election.




No, Obama is not Immune 1 bit...

But, barred an economic bomb from Europe, I think America is going to stick
with the evil that is known. Plus Obama has enthusiasm from his base, Romney
is having a very hard time connecting, I am not sure if hatred will bridge enthusiasm
gap.

You can go to the map below and see the challenge facing Romney -

www.realclearpolitics.com...

But in the end we will have to see the two side by side on a stage, Romney has to be sure he does
not sound like a privileged, East Cost Elite... Obama can be himself, but will have to have a response
to sharp criticism in masterful way, Romney has the advantage as far as throwing bombs.



posted on May, 31 2012 @ 11:17 AM
link   

Originally posted by DarkStormCrow
reply to post by Beanskinner
 


Yes and Bush 1 paid for it, you think Obama is immune?

Americans are pissed and it crosses all party lines, no incumbent is immune to voters this election.

189% of 1 trillion is a whole lot different than 41% of 12 trillion.



edit on 5/31/2012 by DarkStormCrow because: added figures


Steer clear of percentages. Stay with the actual numbers.

Obama is a big spender.

Eric Bolling gave us the numbers on a per day basis.

Obama $9.6 Billion Per Day

George W. Bush $6.2 Billion Per Day



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