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Bush - Left America with it's worst recession since the Great Depression!
Obama - takes the Bush economic chaos he inherited, and turns the badly collapsing stock market into a soaring stock market in just two years.
Yes ... we know both Bush and Obama's record !!!
What country do you live in?
TODAY, yes, today April 26, 2011 the economy is in a worse situation then EVER during the 2007-2008 recession.
Obama OWNS TODAY has he was given 800 BILLION to fix the problems the dems whined and cried about that they were a part of creating.
The mess as of TODAY is Obamas and on his watch and caused by his horrific decisions and policies.
Stop blaming Bush or anyone else for that matter as you have been given 2 1/2 years and 800 billion to fix anything under the sun and it has become worse under Obama.
Today is the worst economy since the great depression period thanks to Obamanator and his failure to make good decisions to make America better.
Thanks Obama for a disaster economy that you lied yourself into us handing you 800 billion and look what we got for it. A double dip recession, record foreclosures, bankruptcies, car repos, homeless, welfare etc etc etc and the list goes on and on and all in and on Obamas watch.
In a contracting economic environment, you WANT your currency to weaken.
That helps with exports and FDI...things you want during a recession.
The only people who are complaining about a weaker dollar are those who are hoping for Obama to fail or have no knowledge about how the global economy operates.
Oil and food have gone up but they have not "skyrocketed" as you put it. Most people can handle the increase.
The dollar needs to fall more. I'm hoping for the dxy to drop to 70. That will really help our economy.
You sound like a Keynsian or Ben Bernanke who has been wrong; called the economy wrong for years. He is a big fat LIAR.
YOU DON"T strengthen economies by printing money. It is just common SENSE! Read the book by Peter Schiff, How an Economy Grows and Why it Crashes and you'll understand. Quantitative Easing has been WREAKING this economy coupled with all the bailouts.
You can't HONESTLY believe what you said.
With a weak dollar prices will GO UP even for those importing whatever few things this country still manufactures and exports. DUH.
TODAY, yes, today April 26, 2011 the economy is in a worse situation then EVER during the 2007-2008 recession.
Obama OWNS TODAY has he was given 800 BILLION to fix the problems the dems whined and cried about that they were a part of creating.
The mess as of TODAY is Obamas and on his watch and caused by his horrific decisions and policies.
Stop blaming Bush or anyone else for that matter as you have been given 2 1/2 years and 800 billion to fix anything under the sun and it has become worse under Obama.
Today is the worst economy since the great depression period thanks to Obamanator and his failure to make good decisions to make America better.
Thanks Obama for a disaster economy that you lied yourself into us handing you 800 billion and look what we got for it. A double dip recession, record foreclosures, bankruptcies, car repos, homeless, welfare etc etc etc and the list goes on and on and all in and on Obamas watch.
Dream on!
If only you could provide ACTUAL FACTS to back up any of your endless whining Republo-CRAP.
Our economy is in SIGNIFICANTLY BETTER SHAPE since Obama took office.
But you "Obama Haters" have attached permanent blinders to block out all of the great things Obama has accomplished, so you see everything he does as a problem.
Let's start with the stock market:
March 6, 2009 - Dow Jones at 6,600
April 26, 2011 - Dow Jones at 12,595
That's a 90% (NINETY PERCENT) gain in just TWO YEARS !!!
I don't know about you ... but my RETIREMENT ACCOUNTS are looking MUCH BETTER since Obama took office.
Next, let's look at auto manufacturers.
GM was heading for bankruptcy when Obama took office.
Today, GM is doing so well, they may reclaim their title as the number one automaker in the world.
It’s symbolic, but still noteworthy, that General Motors is poised to reclaim the title of world’s biggest automaker before the year is out, replacing Toyota, which has held that spot since 2008.
And while the reasons have more to do with Toyota’s problems than with anything else, it shows how far GM has come since it was faced with bankruptcy and perhaps going out of business altogether just a short while ago.
You can thank Obama for making the decision to "bail out" the auto manufacturers, and thanks to Obama, hundreds of thousands (maybe millions?) of automobile related jobs were saved (engineers, parts suppliers, auto dealers, etc.)
If only you could provide ACTUAL FACTS to back up any of your endless whining Republo-CRAP.
Our economy is in SIGNIFICANTLY BETTER SHAPE since Obama took office.
But you "Obama Haters" have attached permanent blinders to block out all of the great things Obama has accomplished, so you see everything he does as a problem.
Let's start with the stock market:
March 6, 2009 - Dow Jones at 6,600
April 26, 2011 - Dow Jones at 12,595
That's a 90% (NINETY PERCENT) gain in just TWO YEARS !!!
I don't know about you ... but my RETIREMENT ACCOUNTS are looking MUCH BETTER since Obama took office.
Next, let's look at auto manufacturers.
GM was heading for bankruptcy when Obama took office.
Today, GM is doing so well, they may reclaim their title as the number one automaker in the world.
You can thank Obama for making the decision to "bail out" the auto manufacturers, and thanks to Obama, hundreds of thousands (maybe millions?) of automobile related jobs were saved (engineers, parts suppliers, auto dealers, etc.)
Wow...... just wow. RD 5050 is waaaay out there in left field. I must say, I would love to have your optimism though. It's just not looking that way from here, especially when I go to the pump or grocery store.
If you could only see how the stock market going up is not improving things on main street, I think you would change your cheer.
In a contracting economic environment, you WANT your currency to weaken.
That helps with exports and FDI...things you want during a recession.
The only people who are complaining about a weaker dollar are those who are hoping for Obama to fail or have no knowledge about how the global economy operates.
Oil and food have gone up but they have not "skyrocketed" as you put it. Most people can handle the increase.
The dollar needs to fall more. I'm hoping for the dxy to drop to 70. That will really help our economy.
when you are an importing country you sure as heck don't want your currency to weaken, but don't let me interrupt your reverie......
here are some facts, though (courtesy of zero hedge)
US Trade Deficit Surges To $46.3 Billion On Expectations Of $41.5 Billion: Downard GDP Revisions Coming
Submitted by Tyler Durden on 03/10/2011
Gross Domestic ProductTrade Deficit
And another piece of bad news for both the US economy and US exporters in particular, even despite prevailing dollar weakness over the past several months: the January US trade deficit printed at $46.3 billion, on imports of $214.1 billion ($10.5 billion higher M/M) and exports of $167.7 billion ($4.4 billion higher). This was the worst number since August 2010. The December deficit was revised to $40.3 billion from $40.6 billion. The December to January increase in imports of goods reflected increases in industrial supplies and materials ($4.4 billion); automotive vehicles, parts, and engines ($2.7 billion); capital goods ($2.1 billion); consumer goods ($0.9 billion); and foods, feeds, and beverages ($0.5 billion). A decrease occurred in other goods ($0.6 billion). The December to January increase in exports of goods reflected increases in industrial supplies and materials ($3.7 billion); automotive vehicles, parts, and engines ($1.3 billion); and foods, feeds, and beverages ($0.1 billion). Decreases occurred in consumer goods ($0.6 billion); capital goods ($0.4 billion); and other goods ($0.3 billion). And unfortunately for Wall Street, few are importing US financial innovation any more: "Services exports increased $0.5 billion from December to January."
so how much lower does the dollar have to plunge before someone actually starts importing US goods?
our dollars are worth less and our goods and energy cost more.
even charlie sheen wouldn't call that winning......
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