Obama love

[Cannon Shell]

Originally Posted by SniperSB23

You got links on that Chuck? I'm not doubting Obama ever said it but anyone with a brain knew it was reaching 10% with the lag on unemployment after a recession so it seems a bit uncharacteristic for him to say something that dumb.

He says a lot of dumb things. He just says it with charisma!!! I distinctly recall one of the lackeys saying that his "stimulus" plan would "create" enough new jobs to keep unemployment levels below a high water mark of 8%. I wont bother to look up a link because the libs here will just blame Bush anyway. While it is an opinion piece (and yes Dala the WSJ is a reasonable source) this op-ed spells out more of the blueprint behind the Obama regimes plan.

http://online.wsj.com/article/SB124467627264104053.html

The main political question now is when Americans will start to figure out Mr. Obama's pattern of spend, repent and repeat. The President is still sailing along on his charm and the fact that Americans are cheering for an economic recovery. But eventually they'll see that he isn't telling them the truth, and when they do, the very Blue Dogs he's trying to protect will pay the price. And they'll deserve what they get.

[SniperSB23]

Originally Posted by Cannon Shell

He says a lot of dumb things. He just says it with charisma!!! I distinctly recall one of the lackeys saying that his "stimulus" plan would "create" enough new jobs to keep unemployment levels below a high water mark of 8%. I wont bother to look up a link because the libs here will just blame Bush anyway. While it is an opinion piece (and yes Dala the WSJ is a reasonable source) this op-ed spells out more of the blueprint behind the Obama regimes plan.

http://online.wsj.com/article/SB124467627264104053.html

The main political question now is when Americans will start to figure out Mr. Obama's pattern of spend, repent and repeat. The President is still sailing along on his charm and the fact that Americans are cheering for an economic recovery. But eventually they'll see that he isn't telling them the truth, and when they do, the very Blue Dogs he's trying to protect will pay the price. And they'll deserve what they get.

That has nothing to do with your quote that you attributed to him. Are you just making **** up now like you are Timmy or did he really say that boneheaded line about the unemployment rate?

Just about everyone agreed before the election that in a recession you have to spend money at the federal level and run a deficit so that the states can attempt to balance their budgets. It is the way it has always been in recessions and the way it will always be in recessions regardless of who is in power. Anyone remember Bush starting the bailouts? Now suddenly it is entirely Obama's idea. Like McCain would be cutting the budget now and letting us bleed to death. Obama is not perfect, and the Democrats in Congress are pretty much worthless, but please just step down from your pulpit and realize that spending more in a recession is necessary to get us out as it always has been. Let's focus on the real issue which is where this money is going. And that is where Congress is ****ing everything up. If we could all just stop being partisan let's just look at the mess of officials on both sides that are taking money for their own special interests and suddenly we'd realize that this whole two party system with all the gerrymandering is not working. But the constant villainization of Obama by the right when I feel like he is the only one on the left that is trying is upsetting.

[Cannon Shell]

Originally Posted by SniperSB23

That has nothing to do with your quote that you attributed to him. Are you just making **** up now like you are Timmy or did he really say that boneheaded line about the unemployment rate?

Just about everyone agreed before the election that in a recession you have to spend money at the federal level and run a deficit so that the states can attempt to balance their budgets. It is the way it has always been in recessions and the way it will always be in recessions regardless of who is in power. Anyone remember Bush starting the bailouts? Now suddenly it is entirely Obama's idea. Like McCain would be cutting the budget now and letting us bleed to death. Obama is not perfect, and the Democrats in Congress are pretty much worthless, but please just step down from your pulpit and realize that spending more in a recession is necessary to get us out as it always has been. Let's focus on the real issue which is where this money is going. And that is where Congress is ****ing everything up. If we could all just stop being partisan let's just look at the mess of officials on both sides that are taking money for their own special interests and suddenly we'd realize that this whole two party system with all the gerrymandering is not working. But the constant villainization of Obama by the right when I feel like he is the only one on the left that is trying is upsetting.

http://online.wsj.com/article/SB124451592762396883.html

Instead of defending Obama, perhaps you should look a little deeper at his agenda and what it means to you in the future. The special interests are a disgrace but there are chilling proposals that are on the table.

[SniperSB23]

Originally Posted by Cannon Shell

http://online.wsj.com/article/SB124451592762396883.html

Instead of defending Obama, perhaps you should look a little deeper at his agenda and what it means to you in the future. The special interests are a disgrace but there are chilling proposals that are on the table.

Chuck, that is one of the worst articles I've ever read. I work for the Labor Department and used to work for the Bureau of Labor Statistics. I know how it all works and that article is as partisan as it gets. And I know that the unemployment rate will hit 11% most likely before we recover. What I'm yet to see is where your quote from Obama is that we would never get higher than 8% unemployment. That's what I'm looking for. Are you really just spouting crap from Foxnews or do you have a legit source that shows Obama making an idiotic statement like the above?

[Cannon Shell]

Originally Posted by SniperSB23

Chuck, that is one of the worst articles I've ever read. I work for the Labor Department and used to work for the Bureau of Labor Statistics. I know how it all works and that article is as partisan as it gets. And I know that the unemployment rate will hit 11% most likely before we recover. What I'm yet to see is where your quote from Obama is that we would never get higher than 8% unemployment. That's what I'm looking for. Are you really just spouting crap from Foxnews or do you have a legit source that shows Obama making an idiotic statement like the above?

I just dont know what to say. If you know how it works then surely you know what Obama's people are saying about the "jobs saved" or "created" is bunk. The Wall Street Journal is a legit source.

. During a March hearing of the Senate Finance Committee, Chairman Max Baucus challenged Treasury Secretary Timothy Geithner on the formula.

"You created a situation where you cannot be wrong," said the Montana Democrat. "If the economy loses two million jobs over the next few years, you can say yes, but it would've lost 5.5 million jobs. If we create a million jobs, you can say, well, it would have lost 2.5 million jobs. You've given yourself complete leverage where you cannot be wrong, because you can take any scenario and make yourself look correct."

I suppose you will say that Baucus is partisan and wrong on the subject too?

[hi_im_god]

Originally Posted by Cannon Shell

I just dont know what to say. If you know how it works then surely you know what Obama's people are saying about the "jobs saved" or "created" is bunk. The Wall Street Journal is a legit source.

. During a March hearing of the Senate Finance Committee, Chairman Max Baucus challenged Treasury Secretary Timothy Geithner on the formula.

"You created a situation where you cannot be wrong," said the Montana Democrat. "If the economy loses two million jobs over the next few years, you can say yes, but it would've lost 5.5 million jobs. If we create a million jobs, you can say, well, it would have lost 2.5 million jobs. You've given yourself complete leverage where you cannot be wrong, because you can take any scenario and make yourself look correct."

I suppose you will say that Baucus is partisan and wrong on the subject too?

or he'll just point out how you avoided answering the question he asked.

we all make mistakes. it's okay to admit them. then the conversation moves on.

or you could throw up another non-sequitur quote.

[Cannon Shell]

Originally Posted by hi_im_god

or he'll just point out how you avoided answering the question he asked.

we all make mistakes. it's okay to admit them. then the conversation moves on.

or you could throw up another non-sequitur quote.

The Obama administration warned at the height of the stimulus debate that without the recovery package, the jobless rate would hit 8.8 percent in 2010 -- advisers had said the recovery package could hold unemployment to 7 percent.

http://www.foxnews.com/politics/2009...lus-criticism/

[SniperSB23]

Originally Posted by Cannon Shell

I just dont know what to say. If you know how it works then surely you know what Obama's people are saying about the "jobs saved" or "created" is bunk. The Wall Street Journal is a legit source.

. During a March hearing of the Senate Finance Committee, Chairman Max Baucus challenged Treasury Secretary Timothy Geithner on the formula.

"You created a situation where you cannot be wrong," said the Montana Democrat. "If the economy loses two million jobs over the next few years, you can say yes, but it would've lost 5.5 million jobs. If we create a million jobs, you can say, well, it would have lost 2.5 million jobs. You've given yourself complete leverage where you cannot be wrong, because you can take any scenario and make yourself look correct."

I suppose you will say that Baucus is partisan and wrong on the subject too?

Yes, I'm an expert on how everyone misuses statistics. I've worked in government the past seven years under both Republican and Democrats and both want to spin the same numbers the same way. I know how silly it is and I know how silly the numbers in the Wall Street Journal were. And if you can find an Obama quote where he said we'd never get above 8% unemployment then I'll laugh my ass off at that. But really I don't think he's that dumb to say that. Anyone with a clue knows the economy may be turning now but there is always an unemployment lag after the recession ends so we will hit 11% before this is all said and done. And for anyone who understands how the unemployment statistics works they will understand that it will actually be a positive thing. That may sound weird but the unemployment rate is the percentage of people seeking a job that cannot get one related to the total labor force. So that means anyone who has given up "or discouraged workers" as they are known, will not count in the unemployment rate. So later this year the economy picks up even though we are at 10.5% unemployment all other signs are positive that we are recovering. So guess what happens? All those discouraged workers suddenly start looking for jobs again, now instead of counting as out of the labor force they count as unemployed. So we wind up with the unemployment rate jumping even though the economy is recovering. It is the way it works and is why I'd be shocked if Obama was on record saying the unemployment rate would never get above 8%.

[Cannon Shell]

Originally Posted by SniperSB23

Yes, I'm an expert on how everyone misuses statistics. I've worked in government the past seven years under both Republican and Democrats and both want to spin the same numbers the same way. I know how silly it is and I know how silly the numbers in the Wall Street Journal were. And if you can find an Obama quote where he said we'd never get above 8% unemployment then I'll laugh my ass off at that. But really I don't think he's that dumb to say that. Anyone with a clue knows the economy may be turning now but there is always an unemployment lag after the recession ends so we will hit 11% before this is all said and done. And for anyone who understands how the unemployment statistics works they will understand that it will actually be a positive thing. That may sound weird but the unemployment rate is the percentage of people seeking a job that cannot get one related to the total labor force. So that means anyone who has given up "or discouraged workers" as they are known, will not count in the unemployment rate. So later this year the economy picks up even though we are at 10.5% unemployment all other signs are positive that we are recovering. So guess what happens? All those discouraged workers suddenly start looking for jobs again, now instead of counting as out of the labor force they count as unemployed. So we wind up with the unemployment rate jumping even though the economy is recovering. It is the way it works and is why I'd be shocked if Obama was on record saying the unemployment rate would never get above 8%.

At the beginning of January there were 134,300,000 people employed in the US
At the beginning of May there were 132,400,000 people employed in the US

How is this good?

And how exactly do they measure the amount of "discouraged" workers?

[Danzig]

http://news.yahoo.com/s/ap/20090608/...obama_stimulus


For the first time, the administration admitted the economic forecasts it used to sell the stimulus were overly optimistic.

"At the time, our forecast seemed reasonable," Vice President Joe Biden's top economic adviser, Jared Bernstein, said Monday, explaining that the White House underestimated the scope of the recession. "Now, looking back, it was clearly too optimistic."

and i remember reading before the plan was voted on that many economists said it was too optimistic.

then there's this:

Obama’s promise to create so many jobs — a vow Vice-President Joe Biden made last month — quickly drew criticism from oponents and economists who have argued his stimulus plan thus far has not delivered. “I think these estimates are overly optimistic,” said Arpitha Bykere, a senior analyst with RGE Monitor. Bykere said it likely will be later this year before any meaningful job creation occurs from stimulus spending. The administration had always viewed the summer as a peak for stimulus spending, as better weather permitted more public works construction and federal agencies had processed requests from states and others. The government reported last week that the number of unemployed continues to rise; the unemployment rate now sits at 9.4 percent, the highest in more than 25 years. Hundreds of thousands of Americans continue to lose jobs each month, although fewer jobs were lost last month than expected. Just how much of an impact Obama’s recovery program had on the pace of job losses is up for debate. Obama has claimed as many as 150,000 jobs saved or created by his stimulus plan so far, even as government reports have shown the economy has lost more than 1.6 million jobs since Congress approved funding for the program in February.

Critical
Republicans remain critical of the stimulus spending, slamming it as a big government program that ultimately will do little for recovery. With only a fraction of the federal money actually spent thus far, it’s premature to give the stimulus plan credit for economic trends, congressional Republicans said last week. “I think the economy is just as likely to begin to recover on its own, wholly aside from this, before much of this has an impact. So I’m very skeptical that this massive sort of spending binge that we’ve engaged in is going to have much of an impact,” said Senate Minority Leader Mitch McConnell, a Republican. Obama initially offered his stimulus plan as a way to put people back to work, a promise that 3.5 million jobs would be saved or created. The administration’s predictions that unemployment would rise no higher than 8 percent already have been shattered, leaving Obama’s advisers to caution that job growth takes time, even as recovery spending intensifies.

[Danzig]

http://www.whitehouse.gov/president-...eekly-address/


We begin this year and this Administration in the midst of an unprecedented crisis that calls for unprecedented action. Just this week, we saw more people file for unemployment than at any time in the last twenty-six years, and experts agree that if nothing is done, the unemployment rate could reach double digits.


I know that some are skeptical about the size and scale of this recovery plan. I understand that skepticism, which is why this recovery plan must and will include unprecedented measures that will allow the American people to hold my Administration accountable for these results.