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Posted on 01/16/2012 2:02:32 PM PST by TeaPartyId
"On the economy, the facts are these. When Obama took office, the United States was losing around 750,000 jobs a month. The last quarter of 2008 saw an annualized drop in growth approaching 9 percent. This was the most serious downturn since the 1930s, there was a real chance of a systemic collapse of the entire global financial system, and unemployment and debtlagging indicatorswere about to soar even further. No fair person can blame Obama for the wreckage of the next 12 months, as the financial crisis cut a swath through employment.
The job collapse bottomed out at the beginning of 2010, as the stimulus took effect. Since then, the U.S. has added 2.4 million jobs. Thats not enough, but its far better than what Romney would have you believe, and more than the net jobs created under the entire Bush administration. In 2011 alone, 1.9 million private-sector jobs were created, while a net 280,000 government jobs were lost. Overall government employment has declined 2.6 percent over the past 3 years. (That compares with a drop of 2.2 percent during the early years of the Reagan administration.) To listen to current Republican rhetoric about Obamas big-government socialist ways, you would imagine that the reverse was true.
The right claims the stimulus failed because it didnt bring unemployment down to 8 percent in its first year, as predicted by Obamas transition economic team. Instead, it peaked at 10.2 percent. But the 8 percent prediction was made before Obama took office and was wrong solely because it relied on statistics that guessed the economy was only shrinking by around 4 percent, not 9. Remove that statistical miscalculation (made by government and private-sector economists alike) and the stimulus did exactly what it was supposed to do.
On foreign policy, the right-wing critiques have been the most unhinged. Romney accuses the president of apologizing for America, and others all but accuse him of treason and appeasement. Instead, Obama reversed Bushs policy of ignoring Osama bin Laden, immediately setting a course that eventually led to his capture and death. And when the moment for decision came, the president overruled both his secretary of state and vice president in ordering the riskiestbut most ambitiousplan on the table. He even personally ordered the extra helicopters that saved the mission. It was a triumph, not only in killing Americas primary global enemy, but in getting a massive trove of intelligence to undermine al Qaeda even further. If George Bush had taken out bin Laden, wiped out al Qaedas leadership, and gathered a treasure trove of real intelligence by a daring raid, hed be on Mount Rushmore by now. But where Bush talked tough and acted counterproductively, Obama has simply, quietly, relentlessly decimated our real enemies, while winning the broader propaganda war. Since he took office, al Qaedas popularity in the Muslim world has plummeted.
Under Bush, new policies on taxes and spending cost the taxpayer a total of $5.07 trillion. Under Obamas budgets both past and projected, he will have added $1.4 trillion in two terms."
http://www.thedailybeast.com/newsweek/2012/01/15/andrew-sullivan-how-obama-s-long-game-will-outsmart-his-critics.html
Newsweek circulation 2003: 4 million
Newsweek circulation 2010: 1.5 million
See post #12. I addressed this AFTER I got done dumping on the writer and his publication.
Another subscription boosting headline from Newsweak. /sarc
I was stuck in an doctors office for an hour I read some women’s magazine rather than Newsweek. It contains no “news” and should be sued for false advertisement. It is irrelevant like USA Today or Time. USA has a great subscription rate because they sell in bulk to hotels and airlines.
Does anyone have Newsweek on their deadpool 2012 list? How much longer can this Leftist rag stay in business?
The so called ‘hit piece’ will only make stupid Dims dumber. It’s not going to change a single mind to go RAT.
Actually Bush created 8 million plus jobs but the net amount created due to the 2007 economic collapse subtracts most of that 8 million. An economic crash due to Democratic Party policies, I might add.
They always give themselves away...so tax cuts cost the taxpayers? Huh?
At some point, I expect Time and NewsWeak to combine because neither have much of a status symbol anymore. The thing about their subscription level...is that out of 1.5 million...at least a quarter of that relates to libraries, waiting rooms, airlines, and doctor/dentist offices. They all get heavily discounted rates. So they are barely covering any salary situations and I would imagine that the benefit plan is almost zero.
I think you both are probably right. The Andy threw me off. The fairy you are referring to usually or always has gone by the name Andrew as far as I know.
Leftist propaganda is easy. You just lie.
Can someone point out to the drooling Hussein fellators at newsweak that the economy truly began to tank when the business community realized McCain was fighting like an 8 year old girl, and the entire federal government was soon going to be headed by a cabal of Keynesian regulators?
Perhaps he is a Ding Dong or a Ho-Ho instead. of course all three are Hostess products.
How does newsweek continue to exist?
it should have died a ignoble death like us news and world report or any other liberal rag.
the last one I touched was so thin it was more flyer than magazine.
Maybe he should examine what the root cause of the mortgage crisis actually was. Why did people begin defaulting on their subprime mortgages? Here's a hint:
The price of gas skyrocketed as soon as we put Dems in control of congress. They had filibustered the Repubs energy bill for four years, and when they took full control, speculators went wild.
Elections can have terrible consequences.
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