Obama calls Romney a bullshitter, throws away the election

[bsd058 296]

I would have to think you were relevent or meaningful rather than just misinformed.

lol. Alright. No worries. I think I'm addicted to this site.

[I AM NOT THAT GUY 5,715]

Spending under this administration has grown at a rate of about 1.5% annually vs. 7% annually under the previous administration.

How do you come to that conclusion, when we are borrowing at twice the rate under Obama that we did under Bush? Look at real numbers, rather than arguing the rate of change. Bush's worst deficit for a year was $459B. Obama's best deficit year was only $1,294B.

[decocker 7,198]

i'm no fan of obama but for the life of me, i can't figure out why anyone would think that romney is going to improve the economy, let alone make a major dent in the deficit. if romney himself can't say how he's going to do it, why would you think he's going to be any better - the party that's backing him? or the fact that war always boosts the economy and we've got a couple we could start fairly easily...

[Mr. Big Dog 10,747]

This is true. Spending has gone up and GDP has gone down.

GDP 2009: $13.9TN

GDP 2011: $15.1TN

15.1 > 13.9 - i.e. GDP is up not down.

No charge for this lesson.

[Penny Lane 8,159]

i'm no fan of obama but for the life of me, i can't figure out why anyone would think that romney is going to improve the economy, let alone make a major dent in the deficit. if romney himself can't say how he's going to do it, why would you think he's going to be any better - the party that's backing him? or the fact that war always boosts the economy and we've got a couple we could start fairly easily...

I've lost track of how many Romney supporters I've asked about this. I've yet to receive a single response, so maybe you'll have better luck.

[I AM NOT THAT GUY 5,715]

i'm no fan of obama but for the life of me, i can't figure out why anyone would think that romney is going to improve the economy, let alone make a major dent in the deficit. if romney himself can't say how he's going to do it, why would you think he's going to be any better - the party that's backing him? or the fact that war always boosts the economy and we've got a couple we could start fairly easily...

You can't continue an economic policy that seeks to stem a rising tide by sinking all ships. I thought that much was obvious.

Edited October 26, 2012 by The Patriot

[Penny Lane 8,159]

You can't continue an economic policy that seeks to stem a rising tide by sinking all ships. I thought that much was obvious.

That doesn't answer the question. What will Romney do?

[Mr. Big Dog 10,747]

How do you come to that conclusion, when we are borrowing at twice the rate under Obama that we did under Bush? Look at real numbers, rather than arguing the rate of change. Bush's worst deficit for a year was $459B. Obama's best deficit year was only $1,294B.

The deficit was $1.2TN before Obama took office. The CBO stated on Jan 7, 2009: "CBO projects that the deficit this year will total $1.2 trillion, or 8.3 percent of GDP." Obama took office two weeks later.

That $1.2TN deficit is not Obama's since it was based on a massive spending bill he did not sign in Sept 2008, the economic conditions as of Dec 2008 for which he can't be held accountable and the bank bail-out bill to the tune of $700BN that he also did not sign on Oct 3, 2008. So, all that spending that caused this huge deficit for FY 2009 happened before Obama was even elected. Hard to pin that on him, then.

[Marilyn. 340]

Romney will make it all better because he said he would..

[Mr. Big Dog 10,747]

Romney will make it all better because he said he would..

The magic underpants?

[SMOKE 1,426]

That doesn't answer the question. What will Romney do?

fire bernanke. interest rates will rise. investing will be more enticing to those with capitol. the investors won't get taxed to death for being successful.

[I AM NOT THAT GUY 5,715]

The deficit was $1.2TN before Obama took office. The CBO stated on Jan 7, 2009: "CBO projects that the deficit this year will total $1.2 trillion, or 8.3 percent of GDP." Obama took office two weeks later.

That $1.2TN deficit is not Obama's since it was based on a massive spending bill he did not sign in Sept 2008, the economic conditions as of Dec 2008 for which he can't be held accountable and the bank bail-out bill to the tune of $700BN that he also did not sign on Oct 3, 2008. So, all that spending that caused this huge deficit for FY 2009 happened before Obama was even elected. Hard to pin that on him, then.

Very weak argument, my friend. Senator Obama praised that budget, that passed with only 2 Republican votes. This is one instance, when Obama was there from the beginning.

[decocker 7,198]

You can't continue an economic policy that seeks to stem a rising tide by sinking all ships. I thought that much was obvious.

that is completely obvious. i'm just wondering why folks think romney is presenting anything any different.

his method may be a little different, but those ships are sinking just the same.

fire bernanke. interest rates will rise. investing will be more enticing to those with capitol. the investors won't get taxed to death for being successful.

didn't i read the other day that bernanke wants to resign regardless? so, then - further concentration of capitol to the top? how completely american, such ingenuity!

[I AM NOT THAT GUY 5,715]

that is completely obvious. i'm just wondering why folks think romney is presenting anything any different.

his method may be a little different, but those ships are sinking just the same.

Man is not even in office yet. Give him at least the same two months the right gave Obama, and a Republican controlled House and Senate.

[SMOKE 1,426]

didn't i read the other day that bernanke wants to resign regardless? so, then - further concentration of capitol to the top? how completely american, such ingenuity!

idk did you? increasing gov't assistance has work so well. hasn't it?