Obama's economic policy will destroy America!!!

[vernontrumpet2000]

in the first 4 month of his presidency,Obama brought the economy a 6% growth, the largest in 6 years,after only 2 years in office,he brought unemployment down from 16% to 9.6% which is constantly declining.Presently, he has returned 70% of the GDP all that within only 2years,not bad at all when u consider how bad it was in the last depression 70yrs ago as well as the depth from which this economy fell..not bad at all

[blacksabbathgnr098]

I'd pay you to find any economist who would argue that any of these aforementioned evaluations are false.

However, if Bill focuses on these proven macroeconomic principles, he will be seen less as a partisan fear monger, and more as a credible journalist.

[blacksabbathgnr098]

Obama's fiscal policy is insufficient because projects like the stimulus package are focused on long term gains, which won't shift AD back to our long term growth path in the short term because they're so long term. Fiscal policy is only effective in the short term.

Due to macroeconomic principles, his unprecedented spending will lead to higher taxes, high inflation and crowding out. All of which will hurt our economy in the long run.

[vernontrumpet2000]

@blacksabbathgnr098 it wouldnt be higher taxes forthe middle class if we can tax the damn rich.and whats wrong with that? he is only asking for 34% taxation of the rich,eisenhower taxed them 91%,kennedy taxed them 70% and johnson,58%...and no one called them a socialist,as a matter of fact,they called them patriotic.in the begginning of his office he reduced taxes on 94% of Americans so get real and get your facts straight

[blacksabbathgnr098]

@vernontrumpet2000 The only reason the tax rate was at 90% is because most everything you do has a tax write off. Most (including Howard Hughes) paid no taxes at all. The people who would be hurt the worst would be say an everyday person that hit a lottery and had no deductions of taxes shelters.

And what's the point of increasing taxes for outrageous spending? All it will do is hurt the people at the top with money who in turn won't invest it- hurting our economy in both short and long terms.

[blacksabbathgnr098]

@vernontrumpet2000 The tax rates may be 90% but it doesn't mean anyone will pay them. They will always find loopholes to not pay their taxes. All that will do is create a barrier of entry into the rich category for emerging business owners. Warren Buffet's secretary probably pays more than him in taxes.

The Federal Gov. has never been able to get more than 19% of GDP in tax revenues, no matter how high the marginal tax rate goes.

[blacksabbathgnr098]

I think O'Reilly is going about it in the wrong way. He's focused on emotional persuasion by comparing Obama to socialist leaders. Whether this is true or not is debatable due to several factors.

Fox should be as objective as possible for credibility reasons and simply explain to their viewers that his fiscal policy has increased our national debt at an astounding rate- 90% of GDP.

[discjav08]

wow obama, o'reily called you out big time.. and ur response was..... "no, i dont like writing checks"

[skimboardmonster]

joinfunk is an imbecile.

[jointfunk]

there is no way to bail it out george bush fucked us worse than we could imagine.....what do you think will happen when you go to war for 7 years with no reason and cut taxes on top of that? and if that isin't enough he started borrowing money from other countries to pay for his "war on terror" thats why we're fucked, you can't declare war on an idea...let's start a war on gravity! it exits but you can't fight it.......he fucked us soooo good.

[IMPLR1369007]

Don't bother dusting off your Resume, when Obama gets his way there won't be any jobs to look for, mark your place in the soup line.

[someintelligence4u]

ufo's/uso's are coming. See: hr8791

NOW!

[damoore13]

will increase spending increase taxes really bail us out?

[koreanwutard]

The Bible quotes once the 6th trumpet sounds... The Euphrates River is going to be shut down.. It's time when the Lord is returning.. It's the end time.. Find a church that preaches the truth..

[sroyle01]

what is the 6th trumpet? koreanwutard

[koreanwutard]

It said to the sixth angel who had the trumpet, "Release the four angels who are bound at the great river Euphrates." The four angels who had been kept ready for this very hour and day and month and year were released to kill a third of mankind... If you want more information ask questions.. The Bible prophesied everything that is going on in this world..

[sroyle01]

Is an angel with a trumpet supposed to be a president or ruler and is the "great river" a tidal wave of fire as in a nuclear bomb or something? Also does this relate to 2010 when the world is supposed to end

[koreanwutard]

The Euphrates river is the main water source for the middle east .. and yes the 1/3 of worlds population is going to die.. nuclear war.. we don't know when this is going to happen only God him self does

[Soothpork4life]

its gonna be like in fallout 3, we need to start preparations!!! im gonna make some vaults!!!

[OZW9420]

"The bible prophesied everything going on in this world" huh?? I have not seen any angels yet, or herd any trumpets, In fact NOT ONE prediction in the Bible has ever occurred. Nostradamus has predicted more than the Bible has. That's actually a fact Koreanwutard.

[koreanwutard]

Ha wait and see... One day you'll wake up and turn on your TV. The Euphrates river will be shut down and 2,000,000 men army (China) from the east will attack Israel. Mark it on your calender!!

[OZW9420]

Koreanwutard. Wow you REALLY are uneducated huh:) I have a minor in Political Science, and yes I watch the News actually that's mostly all I watch from every news source on the globe. So I would REALLY like to know where you are getting your information from? And how have you come to this ridiculous conclusion? And China poses NO threat to Israel you jackass:) are you thinking of Iran? And so you no, Iran would have to get through Iraq or Syria before getting to Israel.

[OZW9420]

And one more thing Koreanwutard:) this is to add to my long comment above. If China where to attack Israel (Which they wouldn't), they would not have to cross the Euphrates, China is South of the Euphrates and Israel. Go tell your Mom to buy you a map or globe:) I say this because you must be a child, you certainly have the intelligence of one:)

[koreanwutard]

Well if you read Rev 8 and 9 you would understand.. Do some research on the Bible...

[rakuencallisto]

OZW, it's useless, he gets all his "factual" information from the bible.

Little does he know, these "facts" were hand picked by the people who decided what was going into the bible.

He's just another ignorant, stupid sheep.

[wesaline55]

The world wouldn't be able to handle something like that jus like they wont be able to handle the NWO

[rakuencallisto]

dude shut the fuck up and leave, no one gives a shit about your false religion when we're trying to discuss politics.

bring your bs somewhere else.

[koreanwutard]

ohh trust me it's not false religion!!! So your saying the Bible is false eh?

[rakuencallisto]

Why do I need to trust you? I went to catholic school since I was 4 fucking years old, through highschool as well. I know more knowledge about the christian and catholic religion than you, so I've realized there are WAY too many loopholes and bullshit in the bible.

Seriously, open your mind and stop being so closed minded. This isn't the 12th century, you CAN use rational thoughts and science to discover fact.

[koreanwutard]

Maybe you were using the wrong Bible. You do know that the KJV of the Bible is only right version. Tell me one verse on the KVJ that is bs.

[rakuencallisto]

lawl.

And did you know my dear friend WHY they call it the king james bible?

He instructed several people to include what was only deemed "holy" to be kept in the bible.

Several stories and books were removed from the bible because they didn't think it was "holy" enough. For example: Jesus had siblings and was married. Mary M was not a prostitute, the KJV bible put that title upon her.

Now please, stop being a complete and utter douchbag and posting RELIGION in politics.

[wesaline55]

your so ignorant

[rakuencallisto]

Why am I ignorant? Have you even been reading what I've posted? Fucking troll, I'm the one agreeing and feel the same way as you.

[hawexx]

Obama's economic policy will destroy Bill o'reilly ASS!!!

[CORRAF]

learn economics guy , obama will destroy this country

[drewd1987]

it's not about politics anymore it's about WE ARE IN HUGE DEBT AND CAN NOT AFFORD THIS. You think this nations wealth falls out of the sky?!

[Amuatur16]

them bitches are just pist of cuse there going to get higher taxes. surves you right assholes.

[musicmine3000]

Amuatur16, read this carefully:

We need the rich to stay rich in this economy, more so than the poor. Why? Because the rich always want more. If the government gave one rich person $1,000,000, they'd use it to build their own business. Why is this important? Because businesses put a lot of money into the economy, and create jobs. But if they split $1,000,000 into equal groups of 10,000, and give 10,000 poor people $100 each, where does it go? Food, gas, etc. It doesn't make any money back.

[AmeriCIA]

Well said.

That is the basic simple explenation but this goes deeper.

Obama is going to ruin our nation and the lower class will support it until they realize its too late.

There are a small few who know he is wrong among hte lower class but most think he is going to give them money and they think thats great.

Too bad people don't educate themselves on socilaism which always leads to worse economic situations then we are in already.

[drewd1987]

You will pay higher taxes too, stupid!

Oh wait, you're on welfare, right?

[steelerfan25252]

income redistrubution is another word for communism

[angelcitynut]

Im thinking that with the election of Obama and the socialist democrats is a good thing.Liberalism will be exposed for the fraud that it is..and people will finally see it out in the open.1 term Obama.then dems will have to change their tune.hopefully more Libertarians will get involved.still gonna be a rough 4 years..

[drewd1987]

Libertarians FTW

[christrealized]

It's a simple solution... Pull the troops out of Iraq and there will be lots of money to spend on the American peoples needs at home..!

[oldbirdhat]

Thats not so simple and Obama is learning that know.

[drewd1987]

uhm, how?

That will result in a lot of grunts home without of a job...

And the bailouts so far have cost us lots more than the entire Iraq war.

[roscoe85cj]

We'll flush this liberal/socialist turd after one term .. but the damage has already been done ... will take us a decade to pay off his debt (that is if he and Pelosi were to stop with his TRILLION dollar spending bills)

[buttonsputon]

we want INDUSTRIAL HEMP as an economic recovery and investement plan! hemp homes hemp textiles hemp fuel hemp food hemp biodegradable plastics hemp paper ...that would b a LARGE inmpact on our economy not to mention medicinal and recreational use.

[ScarlettPluto]

hahahaha ace!

[SameSolarSystem]

Obama doesn't like writing a check? He loved signing his name on the line and sending it to Wall Street.

[PandaPlague]

Listen to what he's saying. If you punish the people who COULD offer up those "chunks" of money, they won't invest as much- jobs go down- salaries go down- spending goes down- taxes have to compensate for lack of spending... Which is middle class money.

[stringbean9000]

this isn't capitalisms fault, it's corporatisms fault.

[stringbean9000]

oh boohoo Bill, one of the biggest supporters of Bush idiocy and the bubble economy and now it's time to take some medicine. Personally, I think they should cut govt spending more than increase taxes but I'm not gonna start crying if CEOs etc get taxed more because they have ridiculous salaries anyway and won't distribute the money themselves and look after the best interests of their own companies.

[gagecube]

Well Cuba has a state health care system, and it is actually pretty damn good. Fidel offered help during Katrina. Isnt it shameful that America, the richest countrie in the world cant offer health care to its citizens? Who gives a fuck about taxes, if you earn such a ridiculous amount you can easily afford to give up a chunk of it. I wonder what bills annual earnings are, including his merchandise sales etc?

[Shadyac21]

You go Bill!

[Xqcblues10X]

I'm glad these people got it right.. hes a god damn socialist.... people don't see his inexperience

[Loakum]

I'm more glad that the majority of Americans got it right...he's our 44th President of the United States! Ya'll know that Obama will be a two term President! (And I'm very glad!)

[dundura123]

his last comment is EXACTLY why John Kerry told Bill that Pelosi wanted the Rep. to vote for the bailout as well...soon..the conser. will spin this as "liberal spending"...

[durdak]

Bill O'Reilly is the last person anyone should listen to on political issues.

Stock markets, which is a pretty good indicator of economic health, do better when Democrats are in power than when Republicans are. Republican economic philosophies do not work.

[ProffessorMusic]

Amen. Bill O'Reilly is probably the biggest douchebag on TV. H

onestly, if anyone believes what O'Reilly says is true, there's not a difference in opinion- there's a difference in the level of intelligence.

[BarBiatthegate]

Thanks for this video

[riggs129]

Fundamentally misunderstands the economy? Really? Well I mean a free economy works in a perfect world. And only in a perfect world. And I'm pretty sure Bill Clinton's tax policies brought around one of the best economies this country has seen in a long time. But Bill doesn't tend to bring up things he chooses to ignore because, oh no! Liberalism destroys the earth!

[verner1203]

those comments are based on teories

[2001324357]

Koolai drinkers?! patricaoday u are a racist.

[hondaddydae]

Love how this douche bag Bill only has ppl that have a hate for Obama on his show. And won't even play all of what Obama had to say. What a racist fuck. Burn all of you. And not in hell. I mean when I come to your houses and burn them down with you and you inside. Soon. friends. soon. :) have a nice day.

[bitterolive]

hondaddydae:  Interesting comment. Threats to peoples lives,families, and homes for having differing opinions than yours? The First Amendment is such a wonderful concept. Could you stop by Wal-Mart on your way over to my house? All I have is triple-ought buck, birdshot should do the trick. The Second Amendment is my personal favorite.

[patriciaoday]

It's unbelievable that Obama is getting a pass on all this. Obama and his politically correct communist party! They shafted Hillary and they shafted the American taxpayer and Obama gets a total pass by his Koolaid drinkers and the mainstream media.

[furrybarry]

I wonder how much stock Bill Onoisy has in the investment banks?

[patriciaoday]

Everyone go to World n-e-t daily.

There is a Democrat suing the Obama campaign over his falsified birth certificate. They are trying to silence this man and he wants to take it to the Supreme Court. They say the web sight Fact Check claims Obama's birth certificate is real, but that sight is run by the Annenberg Foundation, founded by Bill Ayres the terrorist!

This stinks to high heaven and everyone should be concerned about no matter your party affiliation.

[L4rsy]

AMAGAD ok lets O'retard make his pont and cut it right after!!! lol SOX news is FUCKIN repuglican!

[astralman]

What's wrong with that? All the other channels are so 'FUCKIN' democrat. It would be nice if there was some balance.

[Fiorwestcoast]

well bush has done a great job he has been a genius about our economy , oh im sorry I mean mccain hahahah i was kidding obama is so much better than these pathetic remarks from these pathetic political closed minded red necks.

[musicyayamusic]

yes ignorance of facts are amazing.

im a liberal i dont need facts! i hate to break your heart but the chance of an income redistribut... i mean tax cut of any kind coming do to the economy is slim to none. clinton come to mind?

one thing clinton didnt do was propose almost a trillion in spending probably because the (r) controlled congress wouldnt let him in fact they made him cut taxes by 8% which generated the the surplus..hmmmmm

fiscal responsibility?

[harvestwidow]

Taking money from the corporations is the wrong way to look at it because when you tax them it is the rest of us that pay, they just increase their prices. They downsize and hire fewer workers. They might even shut down leaving us without the jobs or the services. The government needs to downsize and give our money back. Their insisting that the banks loan to those that aren't qualified is the reason for the econ mess we are in. Gov needs to get out of the free market system and limit itself

[harvestwidow]

It is not constitutional for the government to take our money. It is not constitutional for them to decide what 'charities' we should support. THat is MY money. I ear it. I will support my gov, my troops, my infrastructure BUT the decision as to where the rest of my money goes is MINE. Mine will go to starving in THIS country, to what 'I' feel is important not to socialist, marxist groups. Not to ACORN not to art where they soil MY flag NOT to those who refuse to work and NOT to Obama!

[harvestwidow]

first and foremost OUR money is OUR money. The federal government is supposed to be limited. The federal government is supposed to do what WE tell THEM not the other way around.

Second, capitalism works if the government stays out of it. Let the people make and keep their money. If social services are needed, let them be created in the free market. Let us decide what charities we want our money going to. If we want to support art WE do it. If we want to fund Africa, WE will. Not the GOV

[aphasiacanopy]

Excited to see an economy driven by the middle class. Read Obamanomics.

[martman123456]

This guy's an economist? Higher taxes does not necessarily translate into unemployment and lower taxes does not translate into higher employment. Low taxes just means higher dividends to institutional investors and bigger bonuses for fund managers. Individual investors get more, but they don't necessarily reinvest in job-creating enterprise. Either way, it doesn't necessarily mean more employment for anyone. Reminder that Clinton had very high taxes and low unemployment.

[CapoBallin]

Granted, but that was during a Republican controlled Congress that reeled in spending on programs that were deemed unnecessary. That, and the favorable economic "shocks" Clinton held.The dot-com boom, overall low cost of computers, etc... Up until 2006 where Congress was still controlled by Republicans, consumer confidence had been its highest in years and gas was only $2.20 ending that year.People voted in "Change" that year with the Dems, and look where it has got us.

[martman123456]

First, the Clinton reference was not an endorsement of the presidency, but an illustration of the connection between taxes and jobs. Second, if you think that the Republican congress reeled in spending, you've bought into the Republican rhetoric. Third, no serious economist believes that the current energy / economic crisis started in the last two years. That's more a political blame games and hot-potato politics than it is an honest debate.

[CapoBallin]

There's no need to get so defensive.I never made the accusation that you were endorsing Clinton.You also misinterpreted my statement regarding Congress & spending.Between 1994-200 Congress did cut spending in order to offset some of Clinton's new programs.That however all unfolded in 2000, it seems that the Rep. became too comfortable & started spending enormously.Third,I myself am an econ graduate and blame both parties for what has happened economically.But Dems. have achieved nothing concrete

[martman123456]

Fair enough. I think we disagree, however, on the cause and solution to the financial crisis. Taxes and spending are not the problems in this case. Phil Gramm and the republicans are to blame for deregulating the financial industry. Clinton was a fool to support it in 99. Now, Dems are proposing to reinstitute glass-steagall-style regulation and stimulus programs, while Reps are calling for deregulation and cutting taxes. We're both economists then, and we need FDR now, not Hoover.

[UltraSWG]

Watch how the richest 3% shake in their boots...

[gorillamann702]

looks like someone doesnt want to share... o'rielly you should be ashamed of yourself tsk tsk tsk