The results of Obamanomics (user search)
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  The results of Obamanomics (search mode)
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Author Topic: The results of Obamanomics  (Read 14244 times)
Fmr President & Senator Polnut
polnut
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*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« on: March 26, 2011, 06:53:55 AM »

Exactly, Obama can do very little to control inflation, especially when there's international factors affecting gas prices.
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #1 on: March 27, 2011, 12:17:51 AM »

Exactly, Obama can do very little to control inflation, especially when there's international factors affecting gas prices.


  I'm not sure if I'm comforted that our President, Barack H. Obama is not a international player having no influence with economics.




NO president can really influence the international economy anymore... the only reason people like Merkel or Sarkozy have some influence is because of their role within the EU.
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #2 on: March 28, 2011, 06:23:32 PM »

Exactly, Obama can do very little to control inflation, especially when there's international factors affecting gas prices.

Sorry, but you are confusing cause and effect.

Rising prices are a result of inflation.

Inflation is the relationship between the money supply and goods and services available.

Take a look at the federal budgets (and deficits) under Obama.

The Federal Reserve has been dumping money into the economy to cover the deficit.

a) Thank you, being a total imbecile I had no idea what inflation was... however, inflation isn't some ogre running around putting prices up... it's both a chicken and egg proposal. Per example... in Australia we had long-running drought which led to increases in the wholesale prices of lamb, wheat, milk etc etc - those factors increased the headline inflation rate. Inflation doesn't cause the price to rise on it's own, the external and internal factors caused fluctuations to the inflation rate - so inflation is a REFLECTION of price increases caused by other factors.

b) the federal reserve has nothing to do with Obama, since it's an independent regulatory authority. 
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #3 on: March 31, 2011, 07:34:18 AM »

US has always paid too little for petrol anyway... but petrol prices have gone up EVERYWHERE...
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22

« Reply #4 on: May 24, 2011, 11:34:18 PM »

-8.6% unemployment rate
-$4 trillion increase in the debt since Obama's tenure began
-$14.3 trillion debt
-25% increase in debt each year compared to 12.5% each year under Dubya

The debt increases regardless of who is President as long as there is a projected deficit and your rates are lies.  Thanks though.

To be fair, I don't think they've covered that in high-school economics yet, you know when you have debt and don't pay it off, it collects interest and the payments get bigger as time goes on?

Also... there a number of things, including the Wars, that Bush didn't include in the 'tab' - that Obama now is, which more than accounts for the disparity of Bush/Obama.
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