#110 - Barack Obama Is An Economic Idiot - A Niagara Falls Of Cash

As I post this, the senate is about to pass the worst bill in history, a "stimulus" bill filled with so much pork it could be a Bacon Explosion http://www.bbqaddicts.com/bacon-explosion.html , last minute backroom deals with no consensus, partisanship up the ying-yang, basically DICTATING what he believes will save the economy. The sad reality is that Barack Hussein Obama is an economic idiot. He believes that SPENDING = STIMULUS, which is 100% wrong. And now we suffer at this idiots whims. And we will suffer for a long, long time.

Category:

News & Politics

Tags:

• barack
• obama
• libertarian
• politics
• Socialist
• stimulus
• economics
• economic
• idiot
• stupid
• uninformed
• disaster
• epic
• failure
• fail

[AntiVenomFangX]

its not 700billion of our money that money belongs to the republic... this is how a republic works... why are republicans so ignorant?

what kind of fucking moron are you?

I GOT A FUCKING QUESTION FOR YOUR IGNORANT ASS(TOO TOUGH YOU WONT ANSWER IT): GIVE ME ONE WORLD POWER THAT DIDNT SPEND OUT THE ASS TO STIMULATE THEIR STAGNANT ECONOMY?

GIVE ME FUCKING ONE.

[THINKfutureShow]

@AntiVenomFangX and they are ALL wrong. spending out the ass is not what we need. LESS GOVERNMENT INTERVENTION, not more, is the only answer...

[whoo689]

If spending equaled economic prosperity, Japan would be the greatest economic power BY FAR. They had 10 different stimulus packages in the 1990s, and it got them nowhere! If regulation and gov't intervention equaled growth, Communist nations like Cuba, China and the Soviet empire would've easily beat us in the Cold War.

[THINKfutureShow]

100% true. If people realize Obama wants to destroy us and not save us, then you will understand why he is pushing this stick-it-to-us bill so hard.

[700eyesonly007]

I can't even score Obama anymore, I think my last score was -1112 for him.

I wonder did you see that one part of the stimulus was to expense $500,000,000 to people who will figure out how to spend $6,000,000,000 of the stimulus.

More of the same just a new character.

Bend over America and get ready to take it up the........

[0bodobod0]

Obama spent 3 times more in the 3 weeks at office than Bush did in 8 years. Enough said.

[AntiVenomFangX]

@ShadowofaRoar

we failed? im pretty sure china doesnt own our banking system and auto industry... because our govt bought it back.

if we failed there would be no american dollar. its so easy to see if we fail or not. when you destroy the monetary system you fail. when you keep banks and revenue out of competing countries hands thats a win. we arent out of the water just yet. we need to fight inflation. this is some serious stuff. this isnt as easy as balancing a household budget.

[ShadowofaRoar]

@AntiVenomFangX Just to answer your question, there are many countries that spent to stimulate their economies, and all failed. Just like Japan, and just like us.

[ShadowofaRoar]

@AntiVenomFangX The New Deal was effective halted in 1938.

And you can't create money out of thin air. The government only have as much money as it can borrow or tax. The appropriate analogy to describe government intervention is to have a thief rob the store only to spend it the next day. Seems you can't even understand what I even said

You want to know what FDR did to fix deflation? He killed crop and cattle in an idiotic way to raise food prices, only to have more people starve.

[AntiVenomFangX]

@ShadowofaRoar

1. not false. how can you ease off? when a law becomes law... it is the fucking law!

2. you dont create money for jobs out of thin air or patriotism or desperation....war bonds fueled the jobs that manufactured a surplus of goods.

4. i would love to hear in your own words without you using search engines what a recession is and how to tell when we are out and in one.

you may not see it but, you unknowingly made it 100% clear that you havent the slightest clue about deflation.

[ShadowofaRoar]

@AntiVenomFangX False. That did not happen. FDR was unable to wage war against businesses and Germany at the same time. He eased off his economically destructive policies during the course of WWII, and the American people, out of desperation, patriotism, or both, actively participated in the war's industrial movement. Roosevelt had nothing to do with it. Want to know how long a recession would generally usually last from start to finish? 1-2 years. The Great Depression lasted 14 years.

[AntiVenomFangX]

@ShadowofaRoar

so you are incapable of answering my question? or you assume the intellectual way to debate someone is ignore questions and go right on to your own questions?

fuck it i'll play along:

the USA. we spent out of the great depression, if you think our debt is big compared to GDP now then you might want to learn US history.

even during this recession. GM is still an american company because we sponsored their debt restructuring instead of letting chinas government do it.

[ShadowofaRoar]

@AntiVenomFangX Give me an example of a world power that spent and made their economy better.

[AntiVenomFangX]

@THINKfutureShow

can you give me one world power that didnt spend their way out of a recession or depression?

i understand that you have been told what hyperinflation is, just please answer the question.

[AntiVenomFangX]

@wbowens82

-JOB LOSS HAS SLOWED DOWN SINCE OBAMA CAME IN OFFICE.

-JOB CREATION DIDNT EXIST UNTIL OBAMA TOOK OFFICE

STOCKS ARE ON THE RISE SINCE OBAMA CAME IN OFFICE(INVESTOR CONFIDENCE)

-CHINAS GOVT DIDNT BAILOUT GM THUS BECOMMING THE NEW OWNER OF GM SINCE OBAMA CAME INTO OFFICE

2/3 OF THE ENTIRE "WASTEFUL" SPENDING WAS DONE BEFORE OBAMA CAME INTO OFFICE

HE ALSO REDUCED THE DEFICIT.

HE CUT YOUR INCOME TAXES AS WELL.

BUT IM SURE YOUR TOO SMART FOR THESE LIBERAL LIES CREATED BY EVIL PEOPLE