--- In FairfieldLife@yahoogroups.com, "do.rflex" <do.rf...@...> wrote: > > > > --- In FairfieldLife@yahoogroups.com, "BillyG" <wgm4u@> wrote: > > > > > > > > --- In FairfieldLife@yahoogroups.com, "do.rflex" <do.rflex@> wrote: > > > > > > > > > > > > FDR had the same right wing anti-reform crazies and fearmongers... > > > > > > Take a look [click to enlarge]: http://i.imgur.com/reOAh.jpg > > > > Yeah....ha, ha, that's just crazy! > > > > http://www.usdebtclock.org/index.html > > > > > Obama inherited most of the debt from 'Dumbya' and the Repuglicans - > including the ongoing costs of the Iraq and Afghanistan unnecessary > Republican wars - Bush's 2 *unpaid for* tax cuts for the rich - and BushCo's > *unpiad for* Medicare legislation..
Dude...these budgets were voted for by the Democrats AND the Republicans, including Obama. Please, no party is lily white when it comes to deficit spending....the only balanced budget we ever had was with a Republican congress under Clinton. GWya let the true conservative Reagan Republicans down....you know that. Obama is a socialist at heart.....but only as long as he's at the top of course. > Almost EVERY legitimate economist has stated that TARP [under Bush} and the > Recovery Act [stimulus] were *critically necessary* to save the world from > another catastrophic global Great Depression. > > The Recovery Act [stimulus passed under Obama] accounts for only 7% of the > deficit as the rest was left behind by the Repuglicans. > > Obama's Health Care Reform *reduces* the deficit by $138 Billion the 1st 10 > yrs and &1.6 Trillion the next 10. > > > Let's see, the recession started December of 2007. > > The financial meltdown happened in September 2008. > > Obama took office in January 2009. > > Yeah. It's now going to take a colossal effort to clean up the > catastrophic financial nightmare that the Bush administration and the > GOP controlled Congress left behind and Obama inherited. > > There are some good results however since Obama took office: > > ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ > Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY > > > ~~U.S. Economy Gets Lift From Stimulus~~ > Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html > > > ~~Germany, France out of recession~~ > Guardian [UK]: > http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession > > > ~~Japan Steps out of Recession~~ > BBC: > http://news.bbc.co.uk/2/hi/business/8205072.stm > > > ~~UK Officially Out of Recession~~ > http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery > > > ~~Across the nation, housing starts are rising~~ > Journal Sentinal: http://www.jsonline.com/business/53623677.html > > > ~~Retail sales rose at the swiftest rate in three years in August~~ > http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html > > > ~~U.S. household wealth up for first time since 2007~~ > http://www.reuters.com/article/marketsNews/idUSN1730000520090917 > > > ~~US leading economic index up for fifth month in a row~~ > http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex > > > ~~Obama loan relief plan hits goal early ~~ > http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQPiqnUQD9B6V5IO3 > > > ~~Obama's mortgage relief program growing ~~ > http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid > > > ~~Dow passes 10,000 mark on earnings optimism~~first time in a year > http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 > > > ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ > http://www.bloomberg.com/apps/news?pid=20601087&sid=aDGvmWmB18w0 > > > ~~Jobs outlook brightens - National Association for Business Economics > says more U.S. firms are planning to hire and increase investment in > the next six months~~~ > http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=2009102612 > > > ~~U.S. Goods Orders Rise for Fourth Time in Six Months ~~ > Orders for U.S. durable goods rose in September for the fourth time in > the past six months, a sign factories are helping ring in an economic > recovery. > http://www.bloomberg.com/apps/news?pid=20601068&sid=aXTOqhc6Ac4I > > > ~~Durable-Goods Orders Tick Up~~ > Orders climbed for long-lasting goods during September, the fourth > increase in six months, while a key gauge of capital spending rose > strongly, a favorable sign for U.S. manufacturing. > http://online.wsj.com/article/SB125673286433612857.html > > > ~~USA Today: Stimulus working, having "significant impact on > economy"~~ > http://www.usatoday.com/news/nation/2009-10-27-jobs_N.htm > > > ~~ Economy grows in 3Q, signals end of recession~~ > http://csbj.com/2009/10/29/economy-grows-in-3q-signals-end-of-recession/ > > > ~~Productivity at 6-year high, jobless claims fall~~ > http://www.washingtonpost.com/wp-dyn/content/article/2009/11/05/AR2009110501639.html > > > ~~US leading indicators up for seventh month in row~~ > http://news.yahoo.com/s/afp/20091119/ts_alt_afp/useconomygrowthindex > > > ~~New Consensus Sees Stimulus Package as Worthy Step~~ > http://www.nytimes.com/2009/11/21/business/economy/21stimulus.html?_r=1&hp > > > ~~US Economy: Existing Home Sales Jump 10% as Prices Decline~~ > http://www.bloomberg.com/apps/news?pid=20601068&sid=amzSIrwi9.9k > > > ~~Unemployment dropped to 10.0% in November~~ > U.S. employers cut a far fewer-than-expected 11,000 jobs in November, > the smallest decline since the start of the recession in December > 2007, government data showed on Friday, strongly suggesting the > deterioration in the labor market was in its final stages. > http://www.reuters.com/article/idUSTRE5AT4N720091204 > > > ~~Recovery lifting labor market out of worst slump in post-World War > II era~~ > http://www.bloomberg.com/apps/news?pid=20601068&sid=aCLBmnGq2pPM > > > ~~November housing construction up 8.9 percent~~ > http://news.yahoo.com/s/ap/20091216/ap_on_bi_go_ec_fi/us_housing_starts > > > ~~Nat'l Association of Realtors: Home sales up 44 percent from a year > ago~~ > http://www.washingtonpost.com/wp-dyn/content/article/2009/12/22/AR2009122203347.html > > > ~~US Jobless Claims Drop to Lowest Level Since 2008~~ > http://www.bloomberg.com/apps/news?pid=20601087&sid=aEKR_k1fXbgM&pos=1 > > > New Year - 2010 > > ~~US leading index suggests recovery gaining traction~~ > http://news.yahoo.com/s/afp/20100121/pl_afp/useconomyindex > > > ~~Obama stimulus reduced our pain, experts say~~ > GDP Growth Chart: > http://farm5.static.flickr.com/4021/4306421129_13a7d3ce64.jpg > http://www.usatoday.com/money/economy/2010-01-25-usa-today-economic-survey-obama-stimulus_N.htm > > > ~~Economy soars 5.7 percent, fastest in 6 years~~ > http://www.reuters.com/article/idUSN1416882220100129 > > ~~US manufacturing heats up to 2004 high~~ > The US manufacturing sector kicked off the year with gusto in January, a > private survey showed Monday, the sixth consecutive month of expansion in the > sector leading the economic recovery. > http://news.yahoo.com/s/afp/20100201/bs_afp/useconomymanufacturingindexism > > > ~~January unemployment rate drops to 9.7 percent~~ > http://news.yahoo.com/s/ap/20100205/ap_on_bi_go_ec_fi/us_economy > > > ~~Feb. 11 (Bloomberg) Jobless Claims in U.S. Decrease More Than Anticipated~~ > http://www.bloomberg.com/apps/news?pid=20601087&sid=adZ.FUZ4BRZI&pos=2 > > > ~~Retail Sales in U.S. Unexpectedly Rose in February~~ > http://www.bloomberg.com/apps/news?pid=20601068&sid=a6nG2AcaFnN0 > > > ~~US economy grew revised 5.9 percent in fourth quarter~~ > WASHINGTON (AFP) The US economy surged 5.9 percent in the fourth quarter, > stronger than previously estimated, revised government data showed Friday in > a report signaling positive momentum entering 2010. > The Commerce Department said the economy grew 0.2 percentage points more than > its initial estimate of a 5.7 percent annualized growth rate from the third > quarter. > http://news.yahoo.com/s/afp/20100226/pl_afp/useconomygrowth > > ~~Consumer Credit in U.S. Rises for First Time in Year~~ > The January gain in credit was the biggest since July 2008. > http://www.bloomberg.com/apps/news?pid=20601087&sid=aEmoQRVrHtLg&pos=1 > > ~~U.S. Labor Market Poised for Gains as Jobless Rate Stabilizes~~ > http://www.businessweek.com/news/2010-03-06/u-s-labor-market-poised-for-gains-as-jobless-rate-stabilizes.html > > ~~Obama Defies Pessimists as Rising Economy Converges With Stocks ~~ > http://www.bloomberg.com/apps/news?pid=20601103&sid=aeSenIUvpSK0# >
