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can any demo give me a better answer than boo hoo your side lost?
that was the best answer i got from a demo to this questios what do you think of this more obama lies>
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What do you think of this?more obama lies and false blame?
WASHINGTON – "That wasn't me," President Barack Obama said on his 100th day in office, disclaiming responsibility for the huge budget deficit waiting for him on Day One.
It actually was partly him — and the other Democrats controlling Congress the previous two years — who shaped the latest in a string of precipitously out-of-balance budgets.
And as a presidential candidate and president-elect, he backed the twilight Bush-era stimulus plan that made the deficit deeper, all before he took over and promoted spending plans that have made it much deeper still.
Obama met citizens at an Arnold, Mo., high school Wednesday in advance of his prime-time news conference. Both forums were a platform to review his progress at the 100-day mark and look ahead.
At various times, he brought an air of certainty to ambitions that are far from cast in stone.
His assertion that his proposed budget "will cut the deficit in half by the end of my first term" is an eyeball-roller among many economists, given the uncharted terrain of trillion-dollar deficits and economic calamity that the government is negotiating.
He promised vast savings from increased spending on preventive health care in the face of doubts that such an effort, however laudable it might be for public welfare, can pay for itself, let alone yield huge savings.
A look at some of his claims Wednesday:
OBAMA: "We began by passing a Recovery Act that has already saved or created over 150,000 jobs." — from news conference.
THE FACTS: This assertion is flawed on several levels. For starters, the U.S. has lost more than 1.2 million jobs since Obama took office, according to the Bureau of Labor Statistics. Even if Obama's stimulus bill saved or created as many jobs as he says, that number is dwarfed by the number of recent job losses.
But Obama's number is murky, at best. The White House has not yet announced how it intends to count jobs created by the stimulus bill. Obama's number is based on a job-counting formula that his economists have developed but have not made public. Until that formula is announced — probably in the coming week or so — there's no way to assess its accuracy.
Whatever the formula, economists who study job creation say it will require some creative math. That's because Obama has lumped "jobs saved" in with "jobs created." Even economists for organizations that stand to benefit from the stimulus concede it probably is impossible to estimate saved jobs because that would require calculating a hypothetical: how many people would have lost their jobs without the stimulus.
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OBAMA: "We must lay a new foundation for growth, a foundation that will strengthen our economy and help us compete in the 21st century. And that's exactly what this budget begins to do. It contains new investments in education that will equip our workers with the right skills and training; new investments in renewable energy that will create millions of jobs and new industries; new investments in health care that will cut costs for families and businesses; and new savings that will bring down our deficit." — news conference.
THE FACTS: While the budget does set a roadmap for achieving the president's goals, it says nothing about how to pay for his health plan, expected to cost more than $1 trillion over the next 10 years. And while the deficit, under the plan, would drop to $523 billion in 2014, it achieves it with unrealistic assumptions, such as projections that spending in Iraq and Afghanistan will amount to only $50 billion a year.
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OBAMA: "Number one, we inherited a $1.3 trillion deficit. ... That wasn't me. Number two, there is almost uniform consensus among economists that in the middle of the biggest crisis, financial crisis, since the Great Depression, we had to take extraordinary steps. So you've got a lot of Republican economists who agree that we had to do a stimulus package and we had to do something about the banks. Those are one-time charges, and they're big, and they'll make our deficits go up over the next two years." — in Missouri.
THE FACTS:
Congress, under Democratic control in 2007 and 2008, controlled the purse strings that led to the deficit Obama inherited. A Republican president, George W. Bush, had a role, too: He signed the legislation.
Obama supported the emergency bailout package in Bush's final months — a package Democratic leaders wanted to make bigger.
To be sure, Obama opposed the Iraq war, a drain on federal coffers for six years before he became president. But with one major exception, he voted in support of Iraq war spending.
The economy has worsened under Obama, though from forces surely in play before he became president, and he can credibly claim to have inherited a grim situati
10 Answers
- Anonymous1 decade agoFavorite Answer
You're asking unreasonable people to be reasonable.
Not going to happen.
- Anonymous1 decade ago
When are people going to realize that Presidents, Congress, Senate DO NOT RUN ANYTHING !! The Rothchilds, Rockefellers, Federal Reserve, Corporations and special interests along with several other families run everything.
- 1 decade ago
I can.
1: The only two ways to get out of any reccession/depression is to spend money to make jobs, those jobs will give allow failing companies to profit, meaning that the companies no longer have to cut jobs.
2: Mobilization. If all of our resources go toward one common goal, then profit shall be further directed toward the failing sections of our economy.
FDR's new deal created jobs, and mobilization for war completly ended the depression.
The same thing ended previous reccesions, in 1970, 1980, ect.
Source(s): Civics Class - Cyanide SunLv 61 decade ago
Yeah. I would say that the article you posted is biased because although the economy has worsened, it has shown signs of recovery. Give me a balanced article instead of a biased fact check and maybe I will properly answer.
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- 5 years ago
Good thing I got to level 4 just now. Now I can answer 80 questions a day. Happy voting. ROCK THE VOTE!
- Anonymous1 decade ago
The Dems do not want admit that the Congress was led by inept idiot by the name of Pelosi and the economy started to tank the day the Dems took control and has progressively gotten worse as the days go by, led by another inept idiot by the name of Obama
- Anonymous1 decade ago
UGG, im not reading that. Why do you post novellas for questions.
Thank you for my 2 PTs.
Source(s): Youtube isn't a source........EVER! - Anonymous1 decade ago
too long to read - can't you be more succinct?