President Obama's Accomplishments So Far

[DBIF]

Originally Posted by Roadking2003

Gag me with a baseball bat.


If you measure success by how much money you can spend, then yes, he is successful.

Yes, remind us of this big spender's success. His only skill is spending money.

Sorry but those praises are completely undeserved. Obama SUCKS at spending money compared to G W Bush. One might say he is utterly incompetent at increasing the national debt.

Obama-era choices account for about $1.7 trillion in new debt according to a Washington Post analysis of CBO data over the past decade. Bush-era policies, account for more than $7 trillion and are a major contributor to the current trillion-dollar annual budget deficits.

source:
Running in the red: How the U.S., on the road to surplus, detoured to massive debt - The Washington Post

[JazzyTallGuy]

Originally Posted by pghquest

So what you guys are finally admitting is..

Obama has been very good at spending money while not doing anything...

I guess it's all a matter of perspective:

The following is based on Dow Jones Industrial and Bureau of Economic Analysis stats:

When Barack Obama came into office:

The Dow Jones Industrial Average had decline about 24% in the years George W. Bush Jr. was in office until the day he left.

The economy had NEGATIVE GDP growth.

January 2009 non-farm payrolls showed a LOSS of 779,000 month.

Personal income had decreased on a quarterly basis from Q3 2008 to Q1 2009

Starting in Q1 2008 until Q2 2009 Government Receipts declined every quarter.

Starting Q3 2007 until Q3 2009 Gross Domestic Investment fell in every quarter.

Private Fixed Investment in this country FELL every quarter in this country from Q2 2006 until Q3 2009

Exports declined in Q4 2008 and they decline for every quarter until Q3 2009


Since President Obama has been in office;

The Dow Jones Industrial Average has risen about 50%

The economy has had positive GDP growth for the past 7 quarters.

Non-farm payrolls have increased since October 2010.

Personal Income has increased every quarter Barack Obama has been in office.

Government Receipts have increased every quarter since Q2 2009.

Gross Domestic Investment has increased every quarter since Q4 2009.

Private Fixed Investment has increased every quarter since Q3 2009

Exports increased in Q4 2008 and they increased every quarter since in fact U.S exports are now at RECORD LEVELS. In fact since President Obama has been in office exports have increased 25%.
Oh, and domestic crude oil production INCREASED IN 2009 AND 2010.

In the face of overwhelming evidence President Barack Obama has not destroyed the economy. The economy has actually had a slow steady and persistent recovery. Any statement to the contrary is more likely based on ideology, ignorance, hatred and misinformation than it is on fact.

[lorrysda]

Originally Posted by Buckhorn

To confine all governmental activity/expenditures to the constraint of a balanced budget ignores the reality of progress through debt. Most real progress in this country comes from assuming debt to accomplish some end. In other words, your concern for a balanced budget without deficit is not merited. Debt for the right reasons is a good thing.

You are not taking into consideration that the "progress in this country" comes from free enterprise business which actually earns a profit over and above expenses and can pay off debt from that profit. Government does not earn any profit...it simply collects $'s from those that earn those $'s.

So what if some or even all of the salaries paid to government employees comes from taxes? The flow of money has a circularity to it. Henry Ford paid his workers enough to buy the cars the workers made. Government employees through their labor add value to the tax money paid to them as salary...whether providing services or goods.

Again, Ford was free enterprise and earned a profit over and above expenditures...so in reality, it was the buying public that paid those salaries.

There's your justification.

You didn't make your case.

As for the moral argument of a person housing/feeding/clothing there family from wages earned from a government job, it is good and sound and based on principles from our country's history -- see the New Deal.

Nope, the New Deal prolonged the Great Depression. FDR was the biggest disaster we had seen until BO came along. Now my vote would put FDR in 2nd place and BO as the worst.