Obama vs Obama on the Stimulus
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The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.736 Trillion. In approximately 666 days in office, he has accumulated $3.066 Trillion. Using simple algebra you'll find by Dec 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.
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@yaknowrobbie well according to obama it does
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@032125 The only private sector jobs the stimulus has helped are the [union] Road workers. They redid a road and bridge by me... that really didn't need to be done. During the 5 months of work created (not really jobs), while traffic was detoured, 4 small buisnesss on the mile and a half stretch of road went under.
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obama LIES
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You have to drink a lot of Kool-Aid to believe that Obama is a good President. Remember, the central planning policies Obama has forced on the American people ALWAYS lead to Fascism.
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"The recovery act was designed to make sure that local school districts didn't lay off [union] teachers, and [union] firefighters, [union] police officers....
So powerful public sector unions elbowed their way to the line at the "Other People's Money" buffet. None of those jobs stimulates the economy; those are public sector jobs that drain wealth and capital from private citizens.
Obama is not an evil man, but he is literally incapable of understanding economics. He's dysnumeric.
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Also Pastor Manning is schedule to have a Press conference about the verdict of the trail today with the International & alternative Media news. GOD Bless you all & hope this info help everybody be informed.
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When our government 'creates' jobs, it also destroys jobs, but you don't hear about that. Government needs money to create jobs, to get money they either borrow it or tax it from the people. When they tax money from the people to fund government jobs it directly destroys private jobs (superior) that would have been created using that money. When government borrows money we get a temporary increase in "jobs", followed by an even larger decrease when we have to pay back what we owe.
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savings create wealth, investing wealth creates jobs, government destroys wealth, wealth destruction destroys capital, investment, and jobs. only by delaying consumption in the present will we be able to accumulate the savings necessary to make the investments for our future. For too long we have leveraged our future for the sake of present consumption. Government thinks jobs come out of a hat. This is not magic, its common sense.
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750,000 jobs were being lost when Obama came to office, you don't go from that to a positive number of net jobs in 4 months.
And his supporters had the audacity to call his cabinet "the most mainstream, centrist cabinet in history" at the beginning of his administration. What a joke.
bittergunowner12 2 years ago 66
Francesca,don't forget the Cap and Trade Bill..By the time Obama restructures the manufacturing industry, penalising those who don't comply to his "greenie" policies,he'll drive small manufacturing industries to the wall cos they can't afford the costly transition to green power in a time of severe economic downturn,.that will mean they will have to close down leading to MORE job losses, BRILLIANT!obama, you really know how to drive a country to its knees! EUROPE REFUSED to follow ur dumb plan
peacechild61 2 years ago 55