Monday, February 09, 2009

Public Opinion

So far it looks like the new guy is doing pretty good on the economy.

From Gallup Poll:

9 Comments:

Anonymous Anonymous said...

Andrea- not anon
A press conference where the President could give intelligent answers- that's change right there.

February 09, 2009 9:25 PM  
Anonymous Aunt Bea said...

Amazing, wasn't it? He gave detailed, cogent answers that demonstrated his reasoning. He even made the press look good!

There were two more excellent changes today.

1. Obama held an event in an area that did not vote for him. USA reports on his trip today to Elkhart, Indiana here.

2. Tickets were first come first served -- you didn't have to be a party loyalist to attend!

Can anyone imagine the last President having the confidence to do the same?

February 09, 2009 10:20 PM  
Anonymous Anonymous said...

Uh, he used "uh" alot.

Could use a speaking seminar.

What are those bizarre floor lamps in the hall behind him?

Also, he misspoke. He said stimulus can only happen by spending. Tax cuts also stimulate the economy.

Indeed, economic history indicates tax cuts work and increased government spending doesn't.

February 09, 2009 10:42 PM  
Anonymous Aunt Bea said...

LOLOL barryo. I'll take a few uh's over mangled speech like this:

Make the Pie Higher
by George W. Bush

I think we all agree, the past is over.
This is still a dangerous world.
It's a world of madmen and uncertainty
and potential mental losses.

Rarely is the question asked
Is our children learning?
Will the highways of the Internet become more few?
How many hands have I shaked?

They misunderestimate me.
I am a pitbull on the pantleg of opportunity. [lipstick optional]
I know that the human being and the fish can coexist.
Families is where our nation finds hope, where our wings take dream.

Put food on your family!
Knock down the tollbooth!
Vulcanize society!
Make the pie higher! Make the pie higher!


Bush/Cheney gave the rich and businesses thousands of tax cuts and look where we are and what we have to show for it. Do we have more or fewer jobs than when the Bushies started lowering those taxes from the Clinton surplus days? Do we have more or fewer foreclosures since then?

Duh, barryo. Put down the pipe, open your eyes, and take a good look at what's really going on out there as a result of all of the GOP tax cutting since 2000. And after you're done with that, here's a bit of review for you:

Bang for your buck:

Tax cuts:
-Every dollar of non-refundable lump-sum tax rebates increases the GDP by $1.02
-Every dollar of refundable lump-sum tax rebates increases GDP by $1.22
-Every dollar of payroll tax holiday increases GDP by $1.28
-Every dollar of across the board tax cut increases GDP by $1.03
-Every dollar of accelerated depreciation increases GDP by $0.25
-Every dollar spent to extend the alternative minimum tax patch increases GDP by $0.49
-Every dollar spent to make Bush tax cuts permanent increases GDP by $0.31
-Every dollar spent to make dividend and capital gains tax cuts permanent increases GDP by $0.38
-Every dollar cut from the corporate tax rate increases GDP by $0.30

Spending:
-Every dollar spent on UI (Unemployment Insurance) benefits generates an estimated $1.63 in near-term GDP.
-Every dollar increase in food stamp payments increases GDP by $1.73.
-Every dollar of general aid to state government increases GDP by $1.38
-Every dollar of increased spending on infrastructure increases GDP by $1.59

February 10, 2009 7:30 AM  
Anonymous Aunt Bea said...

Also, he misspoke. He said stimulus can only happen by spending.

Liar. Here's what he said:

"But as we've learned very clearly and conclusively over the last eight years, tax cuts alone can't solve all of our economic problems, especially tax cuts that are targeted to the wealthiest few Americans. We have tried that strategy time and time again, and it's only helped lead us to the crisis we face right now.

And that's why we have come together around
a plan that combines hundreds of billions in tax cuts for the middle class with direct investment in areas like health care, energy, education, and infrastructure, investments that will save jobs, create new jobs and new businesses, and help our economy grow again, now and in the future.

More than 90 percent of the jobs created by this plan will be in the private sector. They're not going to be make-work jobs, but jobs doing the work that America desperately needs done: jobs rebuilding our crumbling roads and bridges, repairing our dangerously deficient dams and levees so that we don't face another Katrina.

They'll be jobs building the wind turbines and solar panels and fuel-efficient cars that will lower our dependence on foreign oil and modernizing our costly health care system that will save us billions of dollars and countless lives.

They'll be jobs creating the 21st-century classrooms, libraries, and labs for millions of children across America. And they'll be the jobs of firefighters and teachers and police officers that would otherwise be eliminated if we do not provide states with some relief."


Full transcript of President Barack Obama's first press conference

February 10, 2009 7:52 AM  
Anonymous Anonymous said...

Andrea- not anon
Yes, Anon- let's take President Obama down over some lamps-I'm sure he picked them out. He said "uh"- oh, no! - he knew the names of other world leaders and could speak intelligently about his topic and the questions.

I haver to say it- President Barack Hussein Obama!!

February 10, 2009 1:09 PM  
Anonymous Anonymous said...

his performance was average

his arguments made little sense

he looks a little bewildered

I don't have anything against the guy but you guys are hyping his capacities to the hilt

he's not that special and will not wear well

he'll likely serve one-term

he can go work with Jimmy Carter in 2013

February 10, 2009 2:41 PM  
Anonymous Anonymous said...

"Liar."

A charge that could be levelled at anyone who quotes Obama since he contradicts himself.

February 10, 2009 2:58 PM  
Anonymous Aunt Bea said...

anyone who quotes Obama

You didn't quote Obama, you used your own words to craft the lie. You must be some out-of-work Repugnican still following the Bush/Cheney doctrine -- lie like there's no tomorrow.

Show us a quote where President Obama said "stimulus can only happen by spending."

February 10, 2009 3:56 PM  

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