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Obama's Economy: What We've Learned Since Re-election
Investor's Business Daily ^ | 11/16/2012 | IBD Staff

Posted on 11/17/2012 4:06:27 AM PST by IBD editorial writer

Obama II: In the "now they tell us" file, add a vast array of reports that have come out since the election showing just how weak the economy really is. Looks like the president will need a new scapegoat soon.

Here's just a sampling of what we've learned since voters decided to give Obama four more years to "experiment" with the economy.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: economy; jobs; obama; stocks

1 posted on 11/17/2012 4:06:32 AM PST by IBD editorial writer
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To: IBD editorial writer

The only good part I saw in that report is that Pennsylvania and Ohio are hurting the worst.

I am sure Obama is saying -—Thanks Guys-—and laughing his Natural azz off.


2 posted on 11/17/2012 4:10:53 AM PST by Venturer
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To: IBD editorial writer

I vote to jump off the fiscal cliff. For 30-40 years our leaders have told us that if we don’t give more of our income to the government, or if we don’t give up some of our freedoms, the country will collapse.

But after 30-40 years of scare tactics, I’ve had enough of the “crying wolf.” I’m ready to take the plunge and see what happens. I’m ready to call their bluff...


3 posted on 11/17/2012 4:14:36 AM PST by Cowboy Bob (Greed + Envy = Liberalism)
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To: Venturer

Yep and the dick head only won 7 counties in PA. most areas of the state said no. I always wanted to give philly to nj.


4 posted on 11/17/2012 4:15:05 AM PST by TLEIBY308 (Keep yer powder dry and watch yer top Knot.)
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To: Cowboy Bob

Honest economic models show that the “fiscal cliff” will do some harm to our country - but that failure to cut federal spending (regardless of tax changes) will do far more harm. I’m all for austerity, mandatory cuts, the fiscal cliff, or whatever the elite ruling class wants to call a small step toward responsible spending.


5 posted on 11/17/2012 4:17:20 AM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: IBD editorial writer

Yet if you call this marxist punk a stupid negro you are the bad guy?


6 posted on 11/17/2012 4:25:34 AM PST by Joe Boucher ((FUBO))
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To: Venturer
The only good part I saw in that report is that Pennsylvania and Ohio are hurting the worst.

That's another reason why Dims are always against spreading out to the 'burbs and countryside - consolidated cesspools of big cities are their most effective breeding grounds - always more "Rats" in the cities.

7 posted on 11/17/2012 4:26:01 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: IBD editorial writer

“Obama got re-elected largely by blaming Bush for everything bad that happened during his first term. So who’s he going to blame now?”

Bush again. He’ll ride that forever because his base accepts it.


8 posted on 11/17/2012 4:28:25 AM PST by gotribe
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To: Venturer

Ohio’s unemployment is now under 7%. Thanks not to obama but to a guy named Kasich.


9 posted on 11/17/2012 4:31:49 AM PST by gotribe
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To: gotribe

According this this it will be going up.


10 posted on 11/17/2012 4:34:15 AM PST by Venturer
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To: TLEIBY308

In his “Notes on Virginia,” Thomas Jefferson opined that country folk were far better than city folk.


11 posted on 11/17/2012 4:56:18 AM PST by Loud Mime (Conservatives refused to unite; now we pay the price!)
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To: TLEIBY308

In his “Notes on Virginia,” Thomas Jefferson opined that country folk were far better than city folk.


12 posted on 11/17/2012 4:56:18 AM PST by Loud Mime (Conservatives refused to unite; now we pay the price!)
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To: TLEIBY308
I always wanted to give philly to nj.

HEY!

13 posted on 11/17/2012 4:57:54 AM PST by New Jersey Realist (America: home of the free because of the brave)
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To: gotribe

“So who’s he going to blame now?” “Bush again”

Yes, and the “policies of the past that got us into this mess in the first place”. FDR blamed Hoover and capitalism, and historians today still somehow agree.


14 posted on 11/17/2012 4:58:42 AM PST by ReaganGeneration2
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To: IBD editorial writer

Bump


15 posted on 11/17/2012 5:11:33 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: IBD editorial writer
Lots of words and hundreds of articles have been written to illustrate the disaster nobama has been for our country. IMHO, this one graph pretty well sums it up:


16 posted on 11/17/2012 5:28:12 AM PST by upchuck (America's at an awkward stage. Too late to work within the system, too early to shoot the bastards.)
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To: IBD editorial writer
From the article:Would you have a link to that study. Bet it's fascinating.
17 posted on 11/17/2012 5:30:41 AM PST by upchuck (America's at an awkward stage. Too late to work within the system, too early to shoot the bastards.)
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To: IBD editorial writer

” Fortune reported three days after the election that the “overwhelming conclusion” of industry analysts and consultants was that Dodd-Frank would cause thousands of small banks to disappear. As a side note, one month before the election a Fortune “fact check” (by the same reporter, no less) blasted Romney for saying during one of the presidential debates that Dodd-Frank was “killing regional and small banks.”

That reporters name is Stephen Gandal.

http://finance.fortune.cnn.com/2012/11/09/banks-disappear-obama/

And here is the so called fact check by Mr gandal

http://finance.fortune.cnn.com/2012/10/04/obama-romney-debate-dodd-frank/


18 posted on 11/17/2012 5:33:13 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: IBD editorial writer

It’s Obama’s fault now. Only the most ignorant of our electorate will believe that it’s Bush’s fault by 2014. By then, the U.S. will be in the throes of a genuine Depression. Save every nickel you can get till then.


19 posted on 11/17/2012 5:35:58 AM PST by txrefugee
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To: Cowboy Bob
Cowboy I was thinking the same thing.
Remember when Jimmah told us the world would run out of crude oil in 20 years. That was 30 years ago. I said then hell lets use it all up in 5 years so we can then work on a new energy source.
F--- the cliff we need to remove one ZERO.
20 posted on 11/17/2012 5:37:40 AM PST by DeaconRed (The moochers and freeloaders won. America lost. We have to come up with a winning plan soon.)
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To: Cowboy Bob
Same here.

Let the northeast Obama voters pay ever increasing fuel bills with less money.

Way I have it figured, a cold Yankee with an empty belly is easier to negotiate with than a warm Yankee with a full belly.

21 posted on 11/17/2012 6:09:46 AM PST by IMR 4350
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To: Cowboy Bob

With parachute? Or hang glider?


22 posted on 11/17/2012 7:11:54 AM PST by MrChips (MrChips)
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To: DeaconRed

We need more than fiscal responsibility.

We have to remove the conspiracy that gave us multiple muslims in OUR White House, a muslim as CIC, his muslim advisers and our contributions to the muslim brotherhood who are ramping up to wipe out Israel.

He promised us a “revolution” and we are getting it.
America needs to wake us.

Whatever happens to Israel happens to modern man.

“Thank you” Barack Hussein Mohammet Bin Ghazi Obama.


23 posted on 11/17/2012 7:16:53 AM PST by himno hero (hadnuff)
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To: txrefugee
Only the most ignorant of our electorate will believe that it’s Bush’s fault by 2014.

The most ignorant voted him in twice already.

24 posted on 11/17/2012 7:22:04 AM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: txrefugee
Only the most ignorant? You're kidding right? I'd be willing to bet that a large majority of those who voted for him were educated in government run primary and secondary schools and a goodly amount graduated from some type of higher education. Remember these are the same schools who advocate little Johnny, little Jamal, little Suzy, and little Shaniqua’s self esteem will be bruised and their feelings hurt if we don't promote and graduate them regardless of the fact that they cannot read, they cannot spell, they cannot do simple math, they have no idea of what it took to make this country great, why socialism is better since the rest of the world uses it and everything is much better overseas than here, that they are the victims of white males, they have no social justice here in America, they have no economic justice in America, they have no environmental justice in America and America in it's founding was racist, sexist, bigoted, homophobic, and Islamaphobic. They are not ignorant. THEY ARE PROGRAMMED AND THEIR SUBROUTINES ARE WORKING PERFECTLY.
25 posted on 11/17/2012 8:15:23 AM PST by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
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To: gotribe

So Kasich couldn’t deliver his state to Romney? Not enough coal miners pissed at the EPA?
I smell fraud and Kasich does nothing about it.....


26 posted on 11/17/2012 8:21:46 AM PST by matginzac
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To: IBD editorial writer

George Bush did it.

/s/

IMHO


27 posted on 11/17/2012 2:00:19 PM PST by ripley
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To: matginzac

There aren’t many coal mining jobs in Ohio, about 2,500. 15 times that many in West Virginia.


28 posted on 11/17/2012 5:20:27 PM PST by gotribe
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To: gotribe

Yeah, I guess but those in Ohio will be out of work soon...just say in’.


29 posted on 11/17/2012 5:39:40 PM PST by matginzac
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To: matginzac

With all due respect to individual coal workers in Ohio, they count for nothing in an election. Southeast Ohio turns on Athens, which is a liberal college town, Democrat forever.

obama didn’t win because of the southeast Ohio vote, he won because of the urban votes. He simply turned out more stupid black people than the Republicans could match. Kasich counts for nothing among the blacks, many of whom, if they are employed, are government workers who Kasich tried to strip of bargaining rights a couple of years ago. That union block is very strong in Ohio and Romney didn’t have a message for it.

Let’s face it, as Giuliani said at the beginning of the primaries, Romney’s a stiff. Aren’t there any white guys who came from a humble background and upbringing who can relate to people at all levels? I guess not.


30 posted on 11/18/2012 4:27:50 AM PST by gotribe
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