LWW
10-19-2009, 01:45 PM
Or, at least that's what I predict from our enlightened leftists brethren and sistren.
Sadly, I don't expect any of them to use introspection and review whether their spoon fed opinions should be questioned, or whether their blind Obamatronic devotion is warranted.
In any event ... here goes.
Using US GDP results we find that the Bush economy had 30 quarters of growth ... reaching as high as 5.4% ... one quarter of no growth and one quarter of -1.9% growth (That's means negative growth, or contraction.) and the reverse quarter only occurring during the quarter that Obama was elected.
Since then dearest leader's program of "HOPENCHANGE" has resulted in 2 negative quarters, coming in at -3.3% and -3.8%.
That's right, after the stimulus program to "FIX" the disaster that was the Bush economy made things exactly twice as bad as what he inherited. His two quarters are 273% worse than Bush's WORST 2 quarters. Bush's average growth was an average growth of 2.16% GDP annually ... granted, an anemic performance at best. OTOH dearest leader's average performance is contraction at a rate of -3.55% annually.
Ahhhh ... But jobs is the isssue, right?
Let's review. During 8 years of Bush the UE rate ranged from 4.2% 7.2% and averaged 5.28%. OTOH ... Obama's economy has averaged 8.99% with a peak of 9.8%. That's right ... 33.3% worse than the Bush economy at their worst each and 70.3% worse on average than the Bush economy.
But the budget ... Bush spent us into oblivion, or so y'all insisted. Again ... let's review. The Bush years had a balance of payments averaging a deficit of -2.29% of GDP. It ranged, by quarter, from a best of +2.4% of GDP to a worst of -4.7% of GDP. Abysmal? Agreed.
OTOH ... dearest leader and his dembot congress averaged a -7.02%, and as high as -8.9% of GDP and still rising, of GDP to date. That's right ... 49.4% higher than Bush at his worst, and when dealing with a dem congress which included Obama. Oh ... not to short his achievements, his average budget is 206.6% higher than the average Bush deficit as compared to GDP.
Now ... who has the stones to defend this abysmal performance?
Might I even hope that one of you will come to your senses and denounce the madness?
Whatever you do ... please don't try the ever lame B-B-BUT B-B-B-BOOOOSH!!!! as it merely reinforces idea that you have nothing left in the intellectual tank and are merely parroting the party line.
OH DEAR! (http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=USD)
OH MY! (http://www.tradingeconomics.com/Economics/Unemployment-rate.aspx?Symbol=USD)
HOW CAN THIS BE? (http://www.tradingeconomics.com/Economics/Government-Budget.aspx?Symbol=USD)
LWW
Sadly, I don't expect any of them to use introspection and review whether their spoon fed opinions should be questioned, or whether their blind Obamatronic devotion is warranted.
In any event ... here goes.
Using US GDP results we find that the Bush economy had 30 quarters of growth ... reaching as high as 5.4% ... one quarter of no growth and one quarter of -1.9% growth (That's means negative growth, or contraction.) and the reverse quarter only occurring during the quarter that Obama was elected.
Since then dearest leader's program of "HOPENCHANGE" has resulted in 2 negative quarters, coming in at -3.3% and -3.8%.
That's right, after the stimulus program to "FIX" the disaster that was the Bush economy made things exactly twice as bad as what he inherited. His two quarters are 273% worse than Bush's WORST 2 quarters. Bush's average growth was an average growth of 2.16% GDP annually ... granted, an anemic performance at best. OTOH dearest leader's average performance is contraction at a rate of -3.55% annually.
Ahhhh ... But jobs is the isssue, right?
Let's review. During 8 years of Bush the UE rate ranged from 4.2% 7.2% and averaged 5.28%. OTOH ... Obama's economy has averaged 8.99% with a peak of 9.8%. That's right ... 33.3% worse than the Bush economy at their worst each and 70.3% worse on average than the Bush economy.
But the budget ... Bush spent us into oblivion, or so y'all insisted. Again ... let's review. The Bush years had a balance of payments averaging a deficit of -2.29% of GDP. It ranged, by quarter, from a best of +2.4% of GDP to a worst of -4.7% of GDP. Abysmal? Agreed.
OTOH ... dearest leader and his dembot congress averaged a -7.02%, and as high as -8.9% of GDP and still rising, of GDP to date. That's right ... 49.4% higher than Bush at his worst, and when dealing with a dem congress which included Obama. Oh ... not to short his achievements, his average budget is 206.6% higher than the average Bush deficit as compared to GDP.
Now ... who has the stones to defend this abysmal performance?
Might I even hope that one of you will come to your senses and denounce the madness?
Whatever you do ... please don't try the ever lame B-B-BUT B-B-B-BOOOOSH!!!! as it merely reinforces idea that you have nothing left in the intellectual tank and are merely parroting the party line.
OH DEAR! (http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=USD)
OH MY! (http://www.tradingeconomics.com/Economics/Unemployment-rate.aspx?Symbol=USD)
HOW CAN THIS BE? (http://www.tradingeconomics.com/Economics/Government-Budget.aspx?Symbol=USD)
LWW