Obama's State of the Union

[sadelb]

approved less regulation than Bush in the first three years. 0.7% of small businesses say they don't hire because of regulation. Regulation has absolutely nothing to do with the economy. 1.9 million private sector jobs in 2011. Briefing.com estimates we're looking at over 200k jobs in January alone.

[sadelb]

800k job losses per month as he was becoming inaugurated. The economy was on a free fall his first year. It's not black & white like your trying to show in that chart. Not even sure how anybody could post that putting those #'s directly on Obama. You realize deep recessions take a while to turn around no matter what policies are put in place right?

[TrippinFace101]

800k job losses per month as he was becoming inaugurated. The economy was on a free fall his first year. It's not black & white like your trying to show in that chart. Not even sure how anybody could post that putting those #'s directly on Obama. You realize deep recessions take a while to turn around no matter what policies are put in place right?

Your voting for him no matter what. Because democrats are the good guys and republicans are the bad guys.

[TrippinFace101]

I am far from a left Obama supporter, but then again i am far from a right...



How can anyone with a straight face even sit here and push Obama having anything to do with the down turn in the economy??


In my eyes it is a miracle the economy and the market is where it is... i Have no idea how we are not in an full blown depression right now.... We are basically bankrupt, Europe is bankrupt, Japan is bankrupt, houses (the avg person financial lifeblood) are worthless, and will prob continue to be for another 3 years, we have no backup plan to oil (that has nothing to do with Obama), Brink of world Apocalypse with Israel, they will use a nuke at some point (with or without america, there probably waiting to see if Obama gets reelected)..


And the market and economy are really not that bad.... Yes you can thank Ben Bernanke and his button pushing monkeys, but you really cant blame Obama for the problems, i don't agree with how he handled it because i believe in the end this will all collapse, we have literally fixed none of the issues, but maybe there is an outside chance it might not...

The only jobs obama creates is union jobs. Like how he turned down the oil pipeline from canada and now china is getting it. Oil impacts the world most cause mostly everything that is made comes from oil example plastic rubber etc.

[beachman]

The only jobs obama creates is union jobs. Like how he turned down the oil pipeline from canada and now china is getting it. Oil impacts the world most cause mostly everything that is made comes from oil example plastic rubber etc.

okay so first you do know most of the jobs for the pipeline would be union jobs right? secondly how is China "getting it"? the company has reapplied for a new permit because the USA is frankly their best and ultimately only option-the USA will eventually approve the deal with BETTER terms for the USA-the funny thing is this deal is not about making USA domestic oil prices cheaper-this oil in the end gets sold on the open market and prices wont be cheaper-if oil supply production is increased opec will lower their production to keep prices high-also right now there is no shortage in oil actually very much to the contrary but prices are being artificially inflated by the markets

[tonei.]

okay so first you do know most of the jobs for the pipeline would be union jobs right? secondly how is China "getting it"? the company has reapplied for a new permit because the USA is frankly their best and ultimately only option-the USA will eventually approve the deal with BETTER terms for the USA-the funny thing is this deal is not about making USA domestic oil prices cheaper-this oil in the end gets sold on the open market and prices wont be cheaper-if oil supply production is increased opec will lower their production to keep prices high-also right now there is no shortage in oil actually very much to the contrary but prices are being artificially inflated by the markets

Exactly. this does nothing but get us more oil closer to home when we have access to oil from foreign nations at a decent price...


When oil spikes to 3-400 and we don't have access to middle east oil, we are going to wish we pushed this pipeline off for another 10 years... Plus traders, who for the most part are black box's/HFT firms, set the price of oil...

[TrippinFace101]

okay so first you do know most of the jobs for the pipeline would be union jobs right? secondly how is China "getting it"? the company has reapplied for a new permit because the USA is frankly their best and ultimately only option-the USA will eventually approve the deal with BETTER terms for the USA-the funny thing is this deal is not about making USA domestic oil prices cheaper-this oil in the end gets sold on the open market and prices wont be cheaper-if oil supply production is increased opec will lower their production to keep prices high-also right now there is no shortage in oil actually very much to the contrary but prices are being artificially inflated by the markets

Exactly. this does nothing but get us more oil closer to home when we have access to oil from foreign nations at a decent price...


When oil spikes to 3-400 and we don't have access to middle east oil, we are going to wish we pushed this pipeline off for another 10 years... Plus traders, who for the most part are black box's/HFT firms, set the price of oil...

Canada signed the deal with china as soon as we turned it down bros.

[tonei.]

Canada signed the deal with china as soon as we turned it down bros.

They haven't signed anything....


Who knows if Canada approves the pipeline to the pacific...

[jameznyhc]

Meanwhile, China's growing economy is hungry for Canadian oil. Chinese state-owned companies have invested more than $16 billion in Canadian energy in the past two years, state-controlled Sinopec has a stake in the pipeline, and if it is built, Chinese investment in Alberta oil sands is sure to boom.

"They (the Chinese) wonder why it's not being built already," said Wenran Jiang, an energy expert and professor at the University of Alberta.

In a report on China's stake in Canadian energy, Jiang notes that if every Chinese burned oil at the rate Americans do, China's daily consumption would equal the entire world's.

Harper is set to visit China next month. After Obama first delayed the Keystone pipeline in November, Harper told Chinese President Hu Jintao at the Pacific Rim summit in Hawaii that Canada would like to sell more oil to China, and the Canadian prime minister filled in Obama on what he said.

Jiang reads that to mean "China has become leverage.

Read more: http://www.nctimes.com/business/thwa...#ixzz1kxYC2Orq

[jameznyhc]

800k job losses per month as he was becoming inaugurated. The economy was on a free fall his first year. It's not black & white like your trying to show in that chart. Not even sure how anybody could post that putting those #'s directly on Obama. You realize deep recessions take a while to turn around no matter what policies are put in place right?

the longest a recession takes to turn around on average is 1.5 years tops ...

[jameznyhc]

I could tear so much of that to pieces in a matter of minutes but for now I will reference this one point -I like that you reference wall street kicking ass and then go on to mention the jobs lost in the financial sector-hey you better not pick up that hot pot over there cause it is really cold

its the little guys on wall st loosing 10k jobs per year this year ...not the top guys..downsizing can create better profits when you have these insane wack regualtions

[jameznyhc]

I am far from a left Obama supporter, but then again i am far from a right...



How can anyone with a straight face even sit here and push Obama having anything to do with the down turn in the economy??


In my eyes it is a miracle the economy and the market is where it is... i Have no idea how we are not in an full blown depression right now.... We are basically bankrupt, Europe is bankrupt, Japan is bankrupt, houses (the avg person financial lifeblood) are worthless, and will prob continue to be for another 3 years, we have no backup plan to oil (that has nothing to do with Obama), Brink of world Apocalypse with Israel, they will use a nuke at some point (with or without america, there probably waiting to see if Obama gets reelected)..


And the market and economy are really not that bad.... Yes you can thank Ben Bernanke and his button pushing monkeys, but you really cant blame Obama for the problems, i don't agree with how he handled it because i believe in the end this will all collapse, we have literally fixed none of the issues, but maybe there is an outside chance it might not...

If you understood the difference between Keynesian govt spending VS. supply side, free market reforms you would know the answer to this ... Regan VS Carter ..and Giuliani VS dinkins best recent examples I can give you..

There a reason business flee California for places like Texas ...

And Reagan came into office with a worse recession / oil crisis ..yet he took unemployment from 10.7% down to 5.5 in his first term ... Bill Clinton and George W Bush also came into office during recessions (not as bad as Reagans or Obamas) and both turned it around in their first terms

[James Maxx]

The only jobs obama creates is union jobs. Like how he turned down the oil pipeline from canada and now china is getting it. Oil impacts the world most cause mostly everything that is made comes from oil example plastic rubber etc.

So we should destroy our environment and provide a few thousand temporary jobs because China will do it first?

[tonei.]

If you understood the difference between Keynesian govt spending VS. supply side, free market reforms you would know the answer to this ... Regan VS Carter ..and Giuliani VS dinkins best recent examples I can give you..

There a reason business flee California for places like Texas ...

And Reagan came into office with a worse recession / oil crisis ..yet he took unemployment from 10.7% down to 5.5 in his first term ... Bill Clinton and George W Bush also came into office during recessions (not as bad as Reagans or Obamas) and both turned it around in their first terms

Where did i say i agree with what Obama has done since getting into office? I said you cant blame him for the shit he inherted...


I said this will blow up no matter what, i dont agree with most of his stimulation and i def dont agree with Fed manipulation, but this is what the system has morphed into....

Things aren't black and white, its not as simple as demand side vs supply side....


America as a whole is priced out of the market, bankrupt, losing leverage and most of this has to do with the shortsightedness of our political system. China is thinking about the next 50 years, we are worrying about the next 2.

[jameznyhc]

Where did i say i agree with what Obama has done since getting into office? I said you cant blame him for the shit he inherted...


I said this will blow up no matter what, i dont agree with most of his stimulation and i def dont agree with Fed manipulation, but this is what the system has morphed into....

Things aren't black and white, its not as simple as demand side vs supply side....


America as a whole is priced out of the market, bankrupt, losing leverage and most of this has to do with the shortsightedness of our political system. China is thinking about the next 50 years, we are worrying about the next 2.

That goes for any President that inherits recessions and times of economic disparity..My beef is the solutions he proposed made shit a lot worse ..thats my response to his state of the union

[sadelb]

That goes for any President that inherits recessions and times of economic disparity..My beef is the solutions he proposed made shit a lot worse ..thats my response to his state of the union

so when we gain over 150k jobs in January in the private sector alone its a lot worse? Reagan's recession didn't have the housing crisis. huge difference.

[jameznyhc]

so when we gain over 150k jobs in January in the private sector alone its a lot worse? Reagan's recession didn't have the housing crisis. huge difference.

Every recession does ...when unemplyment peaked at 10.7 % during reagans recession coupled with interest rates as high as 20 percent NOBODY was buying homes

[oscar]

Every recession does ...when unemplyment peaked at 10.7 % during reagans recession coupled with interest rates as high as 20 percent NOBODY was buying homes

yeah those pesky double digit inflation rates double digit interest rates etc. but those are all being kept artificially low today and masked to hide the truth of how bad our economy actually is today.. maybe if we didnt change how the numbers are calculated for political agenda we could compare the two.. and you would see we are all being lied to and bullshitted and the dumbasses on here like sadel all eat it up like the fools they are.

[TrippinFace101]

yeah those pesky double digit inflation rates double digit interest rates etc. but those are all being kept artificially low today and masked to hide the truth of how bad our economy actually is today.. maybe if we didnt change how the numbers are calculated for political agenda we could compare the two.. and you would see we are all being lied to and bullshitted and the dumbasses on here like sadel all eat it up like the fools they are.

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