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"but this recession would have been a depression had we not done TARP,Porkulus, QE1, QE2...etc"
me ^ | 8-29-11 | wobbly bob

Posted on 08/29/2011 8:43:32 AM PDT by WOBBLY BOB

this is the typical response all my John Huntsman lovin' , Obama votin' friends have whenever talking up the economy.

what say you?

(Excerpt) Read more at freerepublic.com ...


TOPICS: Business/Economy
KEYWORDS: debt; depression; obamnomics; qe1; qe2; recession; tarp; vanity
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just overhearing a debate between a Obamatron and a thinker and this reminded me of an often heard claim...
1 posted on 08/29/2011 8:43:33 AM PDT by WOBBLY BOB
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To: WOBBLY BOB

BS!!!!! Prove this fantasy by directly linked provable facts and not just more liberal BS!!!!!


2 posted on 08/29/2011 8:46:47 AM PDT by oldenuff2no (Rangers lead the way...... Delta, the original European home land security)
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To: oldenuff2no

other leftard talking points overheard this morning in this coffee shop diatribe:

“it never trickles down”

“since we let the rich keep their Bush Tax cuts, why aren’t they creating jobs?-they just sit on their money!”


3 posted on 08/29/2011 8:47:59 AM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: WOBBLY BOB

a LOT of Freepers made/make the same argument about TARP ... at the time and since.


4 posted on 08/29/2011 8:48:43 AM PDT by Lorianne
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To: WOBBLY BOB

BS - he may have inheritted a bad situation - BUT THEY MADE IT WORSE

And we GOTTA STOP LETTING THEM GET AWAY WITH CALLING IT BUSH’S FAULT! BUSH’S ECONOMY WAS FINE UNTIL NAZI PELOSI TOOK OVER CONGRESS


5 posted on 08/29/2011 8:50:14 AM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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To: WOBBLY BOB

That is my question exactly, if tax cuts NEVER trickle down, how does all the stimulus magically “trickle down”??


6 posted on 08/29/2011 8:51:03 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: WOBBLY BOB
The why did 0 claim the Stimulus bill would prevent unemployment from going over 8% while doing nothing would cause it to go over 9%?

Uemployment Facts vrs White House propaganda

7 posted on 08/29/2011 8:51:12 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: WOBBLY BOB

I heard Bloviating Bill praise congress for having the courage to pass TARP and saving the world.


8 posted on 08/29/2011 8:52:35 AM PDT by cripplecreek (Remember the River Raisin)
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To: WOBBLY BOB

1. I think they’ve proven beyond the shadow of any doubt that there is no possible way to spend yourself into prosperity. They’ve spent more money trying to do so than all previous attempts combined. Probably ten times more.

2. The Dems point of view SHOULD actually be: “well, it would have worked had they actually spent the money where they said they would... but at least Obama has successfully funded his next campaign.”


9 posted on 08/29/2011 8:54:07 AM PDT by alancarp (Liberals are all for shared pain... until they're included in the pain group.)
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To: MNJohnnie

Don’t forget: they re-scalred the unemployment number last year to prevent it from hitting 10% at that time (never mind that the number is a joke anyway).


10 posted on 08/29/2011 8:55:37 AM PDT by alancarp (Liberals are all for shared pain... until they're included in the pain group.)
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To: alancarp

re-scalred ==> “re-scaled”


11 posted on 08/29/2011 8:56:23 AM PDT by alancarp (Liberals are all for shared pain... until they're included in the pain group.)
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To: Mr. K

That was the point of a bubble, everything is fine, until it pops. And under Bush, we had a massive bubble. So simply giving credit to a bubble is absurd.


12 posted on 08/29/2011 8:59:43 AM PDT by Palter (Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
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To: WOBBLY BOB

that’s what I heard McCain say too.


13 posted on 08/29/2011 9:00:20 AM PDT by MNDude (so that's what they meant by Carter's second term)
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To: WOBBLY BOB
It IS a depression; and it would not have been had the government simply done nothing. Nothing: no loans to people with no income; no bailouts for them and/or the banks that lent money to them; no bailout for governments that promised too much to their employees; no bailouts for companies that promised too much to their employees. Nothing.

ML/NJ

14 posted on 08/29/2011 9:02:13 AM PDT by ml/nj
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To: Palter
I'm waiting for them to stop re inflating the housing bubble repeatedly so the market will find the real bottom.
15 posted on 08/29/2011 9:03:33 AM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: WOBBLY BOB

“but this recession would have been a depression had we not done TARP,Porkulus, QE1, QE2...etc”

Tell them that even by their own rationale Obama is a complete failure then because if he would have made all these things 10 times as big, we’d all be rich now!


16 posted on 08/29/2011 9:03:42 AM PDT by KansasGirl
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To: WOBBLY BOB

If the government had cut regulations and stimulated small business instead of giving welfare to big business, we would already be out of this mess with a lot less debt.


17 posted on 08/29/2011 9:06:03 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: WOBBLY BOB

I say you need smarter friends.


18 posted on 08/29/2011 9:06:15 AM PDT by Shimmer1 (I may be drunk, but in the morning I will be sober and you will still be ugly. (Churchill))
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To: WOBBLY BOB

Also, point out all the hotbeds of Democratic liberalism and ask them why they are such cesspools.


19 posted on 08/29/2011 9:06:21 AM PDT by KansasGirl
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To: WOBBLY BOB

“what say you?”

I tell ‘em to prove it. They cannot.


20 posted on 08/29/2011 9:07:08 AM PDT by Grunthor (In order; Perry, Palin. None of the rest matter 'til the general)
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