The facts have a well-known liberal bias.

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Re: The facts have a well-known liberal bias.

Post by kalm »

Chizzang wrote:
Grizalltheway wrote: You're the Pippen to his Jordan. :thumb:

:ohno:

So I'm that douche who always says:
"Well yeah but Jordan never won a ring without Pippen"
Well you could be the Ehlo to his Jordan. :)
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Re: The facts have a well-known liberal bias.

Post by BDKJMU »

Skjellyfetti wrote:
The "economy kept growing." Official data on gross domestic product from the Commerce Department shows that the economy has been growing robustly in recent months. (Here’s a summary chart.) In fact, it’s been growing so robustly that Republicans have been trying to claim credit for it, a view we have been skeptical of.
Must not have been using an updated chart. GDP growth in the 6 years under your boy Obama has been anemic.
09': minus 2.8%
10': +2.5%
11': +1.6%
12': +2.3%
13': +2.2%
14': +2.4%

Obama's 6 yr avg ia about 1.35%. Even if you throw out 09' then its 2.2% in the last 5 years.
"recent months". Well, 4th qtr annualized 2.6%...
ANEMIC...
In all fairness, 8 years under Bush 01'-08' avg was a little over 2.1%, also anemic..
http://www.statista.com/statistics/1881 ... ince-1990/" onclick="window.open(this.href);return false;
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Re: The facts have a well-known liberal bias.

Post by BDKJMU »

Skjellyfetti wrote:The "stock market has more than doubled." On Jan. 20, 2009, the day Obama took office, the Dow Jones Industrial Average was 7,949.09. On Feb. 19, 2015, it stood at 17,985.77. That’s more than twice as much.
Overinflated bubble driven by funny $$ (QE 1, 2, 3) that is going to burst...
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Re: The facts have a well-known liberal bias.

Post by BDKJMU »

Skjellyfetti wrote:
"Deficits are down by two-thirds." We recently checked Obama’s claim that we've seen "our deficits cut by two-thirds" and found it Mostly True.
FALSE
Bush's last 6 years in office:
FY 03': 378 billion
FY 04': 413 billion
FY 05' :318 billion
FY 06': 248 billion
FY 07': 161 billion
FY 08': 459 billion

Obama's 1st 6 years in office:
FY 2009: 1.413 trillion
FY 2010: 1.294 trillion
FY 2011: 1.299 trillion
FY 2012: 1.1 trillion
FY 2013: 680 billion
FY 2014: 492 billion
http://www.davemanuel.com/history-of-de ... states.php" onclick="window.open(this.href);return false;

Politifact is probably using the conventional wisdom that the deficit in the first year of a president’s first term belongs to his predecessor. That can't be used in the case of 2009. Bush was in office for less than 4 months of FY 09', and Obama was in office for more than 8 months of FY 09'. In addition, most of the FY' 09' spending didn't get passed till after Bush left office...
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Re: The facts have a well-known liberal bias.

Post by BDKJMU »

Skjellyfetti wrote:
AZGrizFan wrote:When you build up the largest deficit in the history of the universe, and then claim "credit" by cutting it by 2/3's....lol at donks. Buncha diamond salesmen....
The deficit peaked with Bush's last budget at $1.413 trillion.

2014 deficit: $483 billion.

:coffee:
Wrong. That 1.413 trillion was Obama's 1st deficit. Bush's last was 459 billion...see above reply.
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Re: The facts have a well-known liberal bias.

Post by BDKJMU »

Skjellyfetti wrote:I think you meant deficit instead of stimulus?

The 2009 budget was George Bush's last budget and also including things like TARP, lower than expected revenues due to the financial crisis, etc.

As the paragraph after you stopped your copy and paste says: :lol:
Also, some economists we consulted pointed out that the 2009 fiscal year was Obama’s first year in office, and so not necessarily a good starting point since he had little control over the spending in that year.
It also was 2.8% of GDP in 2014 and was 3.1% of GDP in 2008. So, still an improvement if you use 2008 instead of 2009. ;)
Again, most of FY 09' didn't get passed until AFTER Bush left office.. :roll:
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