What is with all the FEAR ,Republicans warn of Deficits/ Spending,Experts say economy Is Improving All Fronts?
April 20th, 2010 | by admin |For starters the Tea party Movement claims to be protesting higher taxes, Only 3% of Tea Party members poled are aware that taxes have been lowered for 95% of working families. Financial experts / Wall Street Brokers say that all indicators point to a strong economic recovery in the next 2 years! " The #s dont lie". Even the housing market is expected to come back strong in 2011, some saying there will even be a housing shortage! Are the Republicans just using the Tea Party and Fox news to put out Scary prediction just to get Democrats voted out before things get better so they can take credit for the recovery like GW Bush did following Clinton?
http://economictimes.indiatimes.com/news/economy/finance/Budget-2010-FM-delivers-a-masterful-performance-on-all-fronts/articleshow/5631380.cms
http://seattletimes.nwsource.com/html/realestate/2011493819_realshortage04.html
http://www.france24.com/en/20091008-experts-say-health-reform-would-reduce-usa-budget-deficit-congress-obama
The Jobs will follow as the Economy regains strength, After the Damage done By Bush,The fact that the economy is already showing signs of recovery, WITH "NO cooperation from the Republicans" Some experts say it will take 100 years to completely reverse the harm Bush and the Republicans have done
My favorite line has to be "taxes weren’t lowered, they just weren’t raised (yet)". Which goes completely against what the Tea Baggers have been saying, that Obama started raising taxes before he was even in office, and that the government has been rooting through their wallets for over a year now.
17 Responses to “What is with all the FEAR ,Republicans warn of Deficits/ Spending,Experts say economy Is Improving All Fronts?”
By PO'd on Apr 21, 2010 | Reply
BS not all wall street brokers & "financial experts" are saying that!
I dont get the $7.69 a week you shills keep bragging about either. If you make over $75k a year you are considered rich & unworthy of it.
And this statement really makes you sound like a little girl:
"Even the housing market is expected to come back strong in 2011, some saying there will even be a housing shortage!"
References :
I follow the stock market very closely
By Drew Blood on Apr 21, 2010 | Reply
Tell the 15 million unemployed Americans that the economy is getting better. http://www.usdebtclock.org/ And before you accuse Bush of taking Clinton’s credit, by all acounts we were on the horns of a recession before Bush was sworn into office.
References :
By THE REAL MICHAEL SAVAGE on Apr 21, 2010 | Reply
Come on dude. Who are you going to believe the liberal media….. OR credible sources like Limbaugh, Beck, Hannity and Fox News?
References :
By Stephanie hates the tea-tards! on Apr 21, 2010 | Reply
The same "experts" who didn’t see the housing market crash? The same "experts" who didn’t see the recession happening?
The economy isn’t improving.
References :
By Wally on Apr 21, 2010 | Reply
And raised unemployment. And ruined the health care system. And potentiality killed millions of people over 50
References :
By Sheesh on Apr 21, 2010 | Reply
yes the numbers and opinions DO lie.
get a clue about what % of GDP being debt guarantees economic failure.
there is no gain in being a useful idiot.
References :
By Fear The Boom And Bust on Apr 21, 2010 | Reply
the CBO also said that or debt is going to be 90% of the GDP, yeah I heard that was real good! The dollar will collapse, what we are seeing now is a false boom, which are easy to create you just do what obama did and print and spend a massive amount of money, then after a while like the housing bubble or the dot come bubble these booms will bust and we’ll be in the same situation only worse because of inflation
References :
By Have you seen my liver? on Apr 21, 2010 | Reply
Taxes weren’t lowered, they just weren’t raised (yet). How is the housing market going to come back when unemployment remains at around 10%. Are the banks magically going to start loaning money to people without jobs. These are the same financial experts that said Fannie and Freddie were strong financially.
References :
By Bill G IV on Apr 21, 2010 | Reply
Taxes have not been reduced at all and the economy is about to go over the cliff.
If you aren’t ready for it because of your believing the lies of this corrupt administration then you will be sorry.
BTW, What do French and Indian economic newsletters have to do with the American economy?
References :
By Foghorn on Apr 21, 2010 | Reply
Do you really believe that the enormous debt that is piling up will not ever be a problem? If so, let’s borrow another 1000 trillion and have another go at it.
References :
By Fed Up on Apr 21, 2010 | Reply
Experts in India and France have nothing to do with the economy in the US.
Health Insurance bill is screwing over some of those that were promised help. Foreclosures are increasing and the only jobs created are temporary. Oh joy, let’s party and listen to Obama instead of our own brain.
Spending over $200 billion in interest on the debt, insane behavior.
References :
http://news.yahoo.com/s/ap/20100416/ap_on_bi_ge/us_health_overhaul_high_risk
http://news.yahoo.com/s/ap/20100415/ap_on_bi_ge/us_foreclosure_rates
By lawrenceba549 on Apr 21, 2010 | Reply
Economy improving on all fronts? Why is the Canadian dollar stronger than the American dollar at the moment? That’s never a good thing for the US economy because it means it costs Canada more to export to the US, so costs of imported goods go up; don’t be surprised if you start paying more for french fries in restaurants and supermarkets soon, not to mention all of the other things we import from there (auto parts, petroleum products, and more).
Don’t be fooled by what you think you see.
References :
By Kodiak on Apr 21, 2010 | Reply
Does it matter?
If the Tea Party is wrong and the economy does recover, that will be proven out.
On the other hand, if you invest in this prediction and forecasts are wrong you may lose what little you have left of your retirement savings.
Everyone I know that is out of work, is still out of work.
My larger business customers have recently demanded that all their vendors cut prices across the board. That means I will make even less money (hard to believe) than I did last year. Last year I could barely put food on the table.
How is that recovery? Or is the recovery only aimed at the larger business? How does that line up with what comes out of BO’s lips?
P.S. Even the Democratic party admits that Clinton’s numbers were fake. His entire budget was an illusion. Read up.
References :
By grandma zaza on Apr 21, 2010 | Reply
It’s not just about deficits and spending. The government now controls in some way or outright owns over 50% of out total economy. It’s not about Obama, it’s about the government.
We own or control Fannie/Freddie, GM, AIG, CITI, BofA, the entire health care industry and wall street "reform" is pending. This has happened in just 18 months. When are you going to open your eyes?
References :
By Mark C on Apr 21, 2010 | Reply
What do these ‘ experts ‘ have to say about spending more than ever in history and the interest alone for government spending exceeding 50% of the total budget.
These same experts never saw the last crisis either.
References :
By mikal_1978 on Apr 21, 2010 | Reply
My favorite line has to be "taxes weren’t lowered, they just weren’t raised (yet)". Which goes completely against what the Tea Baggers have been saying, that Obama started raising taxes before he was even in office, and that the government has been rooting through their wallets for over a year now.
References :
By Dennis on Apr 21, 2010 | Reply
There have been several times that there seemed to be a turnaround in the economy, but no recovery is sustainable for long without job creation. Unemployment is a symptom of a much larger problem and until there is a significant change in the jobs numbers any gain will be at best short term. The administration is concerned not so much with the numbers being high, it is that people are out of work longer than usual. In high unemployment cases, most find work by the time benefits have been exhausted, but instead they are remaining unemployed and being dropped from the official count. This has been a real cause of concern of the Obama administration. The official adjusted count still stands at 9.7% whereas the real unemployed stands at 18.8% which has increased 1.4% in the last 8 weeks. Any gains in the economy will be quickly offset by the cost of the benefits for the unemployed. When there is a sustained improvement lasting for over 6 months coupled with even a moderate change in the jobs numbers, then there will cause for a positive outlook. Until that occurs it can only be considered a temporary change. Hopefully there will be a change soon but watch the jobs numbers closely for a real measure of what is really happening.
References :