This whole thing is what you BELIEVE that other people think.

Facts are facts. Obama has pushed through some very expensive spending legislation. He made the deficit rise more than Bush did by quite a margin (and many of us who you just lump in as republicans because we are fiscally conservative) thought Bush was spending too much as well.

The difference here, is that YOU are actually the one who is having fantasies about a POTUS. Obama is not a fiscally sound president. We haven't had a fiscally sound federal government for quite some time. Pretend he's doing a good job of it, but he's not.

Of course I"m sure you will soon be touting how it's all the republicans fault that we are looking at automatic cuts coming up soon, and you'll think it's all those awful republicans' fault, forgetting the part democrats played in that as well (A big one)

The same people who predicted the '08 recession are predicting an even worse one for this year, on into the next. Saddle up, cowboy, it's going to be a bumpy ride.

On a side note, it would make sense to start restricting access to guns in the event this recession is worse than the last one, particularly if you don't want to end up getting shot by someone who can't afford to feed their family due to economic hardships imposed upon them by politicians. Just my $.02.

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Feel free to contact me if you need legal assistance. I have a great lawyer that helped me with an ex who violated my privacy and kept harassing me on MySpace and Facebook. He's very good. And there is legal precedent. - linuxpro

He is hold back the legion of boom - skater18000

Laughable

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Team Hansen

Agreed, a lot of people say things like "Obama is spending to $%@!ING MUCH" but everyone should know (Republican controlled) Congress controls spending, not Obama. Obama can simply make suggestions or veto bills. Obama has done a decent job of working with congress but yet again he tried to please everyone like he did with Obamacare and got rid of the public option(Which would have cut health care GDP by at least 75%). This time he didnt quiet get taxes high enough for the wealthiest americans.

Yes you are so right, it's the republicans who passed stimulus and healthcare packages. I can't believe I just totally missed that. Obama had nothing to do with those things . How silly of me

Stimulus didn't work out for Obama just like it didn't work for Bush. But there is no denying a Public Option would have done wonders for our healthcare GDP (Look at Countries like Sweeden who has Public Option and Private). Approx 9% Vs our 18% GDP.

Any documentation on this 75%??

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That's weak sauce!

http://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_%28PPP%29_per_capita

It appears that in per capita and GDP the united states is #1 and its not even a close race.
All the other nations behind it are Marxist, socialist, Stalinist, devil worshiping health care programs that Obama is trying to model our nations after in order to save a tremendous amount of GDP in health care.

Nothing about 75%.

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That's weak sauce!

Wow, that was the most amount of bullshit I've seen in a post from you SmokinHawk.

The '08 recession had so many factors that simply AREN'T in play this time. Recessions just don't happen you know "just because" or because it "seems like it's going to happen".

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RIP ROAD WOES 12/2/2012

The reason for the sudden increase in the debt was because Bush was obfuscating some of the costs in previous years (namely on the Iraq and Afghanistan wars). And according to Politifact.com, only 17% of the added debt from the last 4 years is a result of Obama policies.

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"I believe there’s merit to the idea that once something in life becomes conventional, it’s no longer the safest path to success." -Matt Waldman
"If everyone's thinking alike, no one's thinking." -Bill Walsh

Every Single Nation With a Public HealthCare option or Universal Health Care pays no more than 11% GDP
So we are currently paying 18%, I dont remember how i got the number 75 % but I redid the math and we would be paying roughly 55% GDP of what we are currently paying. There is a reason why every single developed nation has a public option and are not fighting to privatize it.

So the US at 17.6 gets rounded up to 18, all those at 11.6 get rounded down to 11, gotcha.

When you really look at the facts, you end up with 35 - 45 % less, but keep exaggerating with 75%, it helps your argument.

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That's weak sauce!

Yes, you must believe everything you read on the internet. That 17% figure is basically what his Stimulus added to the deficit alone. Are you trying to tell me that Obama has had no part in any other spending policies in his entire time in office? That's ludicrous. Just the 2 year extension to the Bush tax cuts add another 10% easy to the total and then of course he added in his own cut to social security taxes as well, but I wasn't even counting that one

Really...do you people really believe what you are saying? The president has been saying for a solid four years that we don't spend enough, we have a debt that is higher than most countries of this world combined, We are printing money like it was made on trees but still I hear Obama isn't to be blamed? Its still bush's fault...I don't care who's fault it to be honest, it needs to stop. I hope to hell that this sequestration goes through to be honest as even though it is really only a cut to automatic budget increases at least it is a cut to spending.

Because it's true, unlike your garbage about how only smaller government and lower taxes are the answer. We've had almost 30 years of DISMAL FAILURE from "supply side" (that trickle of piss you feel on top of your head if you aren't wealthy already), and yet you still think it's gonna work?!? What more proof could you need? Yet you still believe in failed policy!''

Iceland recovered by investing; we could do the same, if not for the idiotic obsession with failed policy.

If we arrested some bankers, let those banks fail like they did and invest in our infrastructure (which is graded like a D- and sorely needs it), we could do the same. I know what's coming next 'we're not Iceland and that could never work for us'. Thing is, that i s BS too. Nobody here has the balls to go against the banks, has nothing to do if whether it would work or not.

Thing is it DID work for the USA, study your history. The "New Deal", which I'm thinking is something you probably despise, helped get us out of the depression. Eisenhower's Interstate highway project bolstered our economy. Investing in our economy will work. Trouble is, your conservative talking heads have you convinced that the only thing any government is capable of is failure and you support policies specifically designed to fail.

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The reason the markets are so high right now? QE, pretty simple. As someone who is heavily involved with my own retirement and investment portfolios, this thread is pretty hilarious. It seems most of you have no idea how the markets work.

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Just one more thing you are better at than the rest of us

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"it'd be a newborn deer" - pehawk

Who said I am better than anyone, at anything? It is just funny to see a bunch of people talking out of their ass about the stock market.

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Laughable how? I don't care how you feel about him but the facts back up that statement if nothing else.

http://jimcgreevy.com/gvdc/Natl_Debt_Chart.html

Republicans since Reagan have been by far the more reckless party when it has come to spending. If they let go of the idea of trickle down economics they might actually become fiscally responsible again.