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View Full Version : Anti-Obama Chart Is Complete Nonsense



Qtec
06-03-2012, 01:51 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Once again, conservatives are using today's jobs number as a jumping-off point to slam Obama.

Our pal Jim Pethokoukis at AEI takes the opportunity to remind everyone that the unemployment rate — of 8.3 percent — remains well above where The White House predicted it would be with the stimulus, back in 2009.

Now, just to understand what's going on here, the light blue line represents what The White House thought the arc of job creation would look like without the stimulus. The Dark Blue Line represents what the White House predicted the jobs trajectory would look like WITH the stimulus.

The latest jobs report from this morning is identified with the red dot showing current 8.3 percent unemployment, which is far worse than where the Administration predicted it would be.

http://static5.businessinsider.com/image/4f5a30cd6bb3f7fe65000032-600-450/chart.jpg


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Why were they so far out?

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">It turns out, GDP was contracting at 8.9 percent — <u>massively more than anyone realized at the time.</u>

Romer was working off very imperfect data. If even the BEA didn't realize how bad the economy was until July 2011 — over two years after the original stimulus — then Romer could have had no clue.

<span style='font-size: 14pt'>And this matters a lot. If stimulus works by filling the demand "hole," then it's a really big deal that the hole was nearly three times as big as anyone thought at the time.</span>

So this endlessly hammering Romer and The White House over this chart makes for good politics, but it is misleading. <span style='font-size: 14pt'>It doesn't show that the stimulus failed, it shows that nobody realized how bad things were at the time, <u>and perhaps it even unwittingly makes the case that the problem was that the stimulus wasn't nearly big enough.</u></span>

Read more: http://www.businessinsider.com/why-the-g...3#ixzz1wiLgdeFw (http://www.businessinsider.com/why-the-gops-favorite-anti-obama-chart-is-complete-nonsense-2012-3#ixzz1wiLgdeFw)
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Q

Gayle in MD
06-03-2012, 07:35 AM
http://elections.huffingtonpost.com/2012/romney-vs-obama-electoral-map

cushioncrawler
06-03-2012, 04:45 PM
Not quite. Me myself i knew how bad it woz. And how bad it iz.

It iznt quite true that the stimulus woznt bignuff. Koz the stimulus woznt a proper stimulus.
It woz the wrong sort of medicine.

Why were they so far out?????
Hmmmmm -- a better question iz why iz they so far out.
That 8.3% iz bullshit. It iz closer to 20%. In fakt more than 20% if u count things the way mac would countem.
mac.

AMERICADANOTSOGRATEIZGOINDOWNIN13.

eg8r
06-03-2012, 06:02 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Once again, conservatives are using today's jobs number as a jumping-off point to slam Obama.

Our pal Jim Pethokoukis at AEI takes the opportunity to remind everyone that the unemployment rate — of 8.3 percent — remains well above where The White House predicted it would be with the stimulus, back in 2009.

</div></div>LOL, your pal is a dillhole. He forgets the fact that Obama told us his stimulus would keep UE below 8%. LOL, he drove this economy to nearly 10% and Americans needed to do something about it since Obama was driving it into the ground.

eg8r

Qtec
06-04-2012, 04:38 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Once again, conservatives are using today's jobs number as a jumping-off point to slam Obama.

Our pal Jim Pethokoukis at AEI takes the opportunity to remind everyone that the unemployment rate — of 8.3 percent — remains well above where The White House predicted it would be with the stimulus, back in 2009.

</div></div>LOL, your pal is a dillhole. <span style='font-size: 26pt'>He forgets the fact that Obama told us his stimulus would keep UE below 8%.</span> LOL, he drove this economy to nearly 10% and Americans needed to do something about it since Obama was driving it into the ground.

eg8r </div></div>

Once and for all. Shut your dillhole and listen.

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">But then he turned to a particular claim by the Romney camp– <span style='font-size: 14pt'>that President Obama had promised below 8% unemployment after the stimulus. <span style="color: #3333FF">This, Cooper noted, is a promise several media outlets have debunked, including “Politifact and the The Washington Post.</span>”</span>

<span style='font-size: 26pt'>Cooper is correct to point out that <u>the claim is not exactly a full representation of the truth,</u></span> </div></div>


Pure and simple. <span style='font-size: 26pt'>ITS A DOWNRIGHT LIE!!!!!!!!!!!!!!!</span>

watch it. (http://www.mediaite.com/tv/on-day-of-dismal-jobs-report-anderson-cooper-goes-after-mitt-romney/)

Even this dillhole skips over the Romney lies.

Q

Qtec
06-04-2012, 06:32 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">LOL, your pal is a dillhole. He forgets the fact that Obama told us his stimulus would keep UE below 8%. LOL </div></div>

Really! Are you such a moron that you can completely ignore the facts presented to you?

As usual, THIS went right over your head. No surprise there!

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">It turns out, GDP was contracting at 8.9 percent — massively <span style='font-size: 20pt'>more than anyone realized at the time.</span>

Romer was working off very <span style='font-size: 20pt'>imperfect data.</span> If even the BEA didn't realize how bad the economy was until July 2011 — over two years after the original stimulus — then <span style='font-size: 20pt'>Romer could have had no clue.</span>

And this matters a lot. If stimulus works by filling the demand "hole," then it's a really big deal that <span style='font-size: 20pt'>the hole was nearly three times as big as anyone thought at the time.</span>

So this endlessly hammering Romer and The White House over this chart makes for good politics, but it is misleading. It doesn't show that the stimulus failed, <span style='font-size: 20pt'>it shows that nobody realized how bad things were at the time, and perhaps it even unwittingly makes the case tha</span>t the problem was that the stimulus wasn't nearly big enough.
</div></div>

<span style='font-size: 20pt'>GET IT?</span> ARE YOU ACTUALLY CAPABLE OF TAKING ON NEW INFORMATION !

nahhhhhhhhh..because you are a Neanderthal. You are the classic example of how God is not perfect. Think about it.


Q

eg8r
06-04-2012, 08:18 AM
I agree your pal has told plenty of lies. That was why I called him a dillhole in the first place.

eg8r

Gayle in MD
06-04-2012, 09:37 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">LOL, your pal is a dillhole. He forgets the fact that Obama told us his stimulus would keep UE below 8%. LOL </div></div>

Really! Are you such a moron that you can completely ignore the facts presented to you?

As usual, THIS went right over your head. No surprise there!

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">It turns out, GDP was contracting at 8.9 percent — massively <span style='font-size: 20pt'>more than anyone realized at the time.</span>

Romer was working off very <span style='font-size: 20pt'>imperfect data.</span> If even the BEA didn't realize how bad the economy was until July 2011 — over two years after the original stimulus — then <span style='font-size: 20pt'>Romer could have had no clue.</span>

And this matters a lot. If stimulus works by filling the demand "hole," then it's a really big deal that <span style='font-size: 20pt'>the hole was nearly three times as big as anyone thought at the time.</span>

So this endlessly hammering Romer and The White House over this chart makes for good politics, but it is misleading. It doesn't show that the stimulus failed, <span style='font-size: 20pt'>it shows that nobody realized how bad things were at the time, and perhaps it even unwittingly makes the case tha</span>t the problem was that the stimulus wasn't nearly big enough.
</div></div>

<span style='font-size: 20pt'>GET IT?</span> ARE YOU ACTUALLY CAPABLE OF TAKING ON NEW INFORMATION !

nahhhhhhhhh..because you are a Neanderthal. You are the classic example of how God is not perfect. Think about it.


Q





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And Valarie Plame was just a secretary, Saddam had nukes, and Richard Clarke was a terrorist.

Some are actually dedicated to repeating proven lies, for the benefit of their Party, between sips of Kool Aid, some are just plain dumb. Occasionally, one of them is both...and we know who that is.
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