obama won. good or bad? discuss

[Miguels]

no they think they create jobs by opening more Walmarts,targets, K mart and stupid things like that.. that will never help the economy and even if does its only minimum wage jobs.. what we need is stop depending on china and start producing our own at a competitive cost. heck we should get a tax for buying china stuff and getting a tax credit for buying US made stuff

[basebalz13]

CBS News

The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

If Mr. Obama wins re-election, and his budget projections prove accurate, the National Debt will top $20 trillion in 2016, the final year of his second term. That would mean the Debt increased by 87 percent, or $9.34 trillion, during his two terms.

[soundstream15]

so is i 100% sure that he won...i am getting confused haha

[Baydestrian]

CBS News

The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

If Mr. Obama wins re-election, and his budget projections prove accurate, the National Debt will top $20 trillion in 2016, the final year of his second term. That would mean the Debt increased by 87 percent, or $9.34 trillion, during his two terms.

I posted this in another thread yesterday, from a comment on a new article:

OK, you have to take a trillion of national debt away from the Obama column and put it back in the Bush column, for the debt increase during the first year of the Obama administration. That was caused by Bush's last budget, with his spending and revenue numbers and with Bush's signature on the authorizing legislation. Obama's main influence on the deficit began when he submitted his first budget.

Then you need to acknowledge that 60% of the debt increase during Obama's presidency was the result of the Bush tax cuts. Does anyone remember why the Bush tax cuts came with a 10-year expiration? The price tag for the tax cuts was considered too high to get through Congress if they had been made permanent from the start. So they put the 10-year expiration on them to make Congressmen feel better about voting for them, knowing that this planted a fiscal time bomb for some unlucky guy 10 years down the road. No responsible president could let those tax cuts expire in the middle of a recession, resulting in a fiscal-cliff-like slam to the economy.

If you examine the history of our national debt, starting with Ronald Reagan inheriting one trillion total of debt and then tripling that through his policies, you see that most of our national debt has resulted from Republican policies, raising spending for a military buildup (Reagan) or two wars and a new entitlement program (Bush) without bringing in the revenue to pay for these programs. The fantasy that we can have a modern first-world country and the world's most powerful military - without the necessity of raising the revenue to pay for it - is a uniquely Republican concept. But it has been good politics.

[Baydestrian]

so is i 100% sure that he won...i am getting confused haha

Obama won, Romney just doesn't want to concede

[soundstream15]

lol do you think things will get better?

im not into politics i just want a better future, more jobs ect

[CelicaFlexxnn]

no. all downhill

[rocking.that.eclipse]

[Baydestrian]

I'm huge into politics either, like I've stated before, its really just choosing the lesser of two evils when it comes to voting for Pres b/c each has their own agenda. Its all about you perceive each candidates intentions. Last four years were not easy, just stating the fact that Bush did not make it any easier, not blaming him but cmon everybody knows how much of an idiot he was. I sure as hell hope things get better but that also depends all on congress, they call the shots, the President just gives the ideas. I do agree that Obama has not been a great leader but I genuinely believe that Mitt was definitely not the right man for the job even more so.

I actually did a poll last night to see which candidate I side with more and it was some lady for the Green Party.

[KillaCam]