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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 03-20-2015, 11:00 AM   #1
Jim in CT
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Originally Posted by spence View Post
Because the questions he asks have been answered sufficiently multiple times in this forum yet he just keeps asking and asking.

It's like the same Benghazi questions, answered multiple times by several investigations, being asked again, again and again.
OK, I did a search on "how Spence can prove that Obama in fact, did NOT promise that the stimulus would keep unemployment below 8%, when it subsequently rose above 10%", and guess what? it didn't return anything.

So, one last time, please tell me why I'm wrong when I say that Obama blew that prediction. Because that was one of the items in my list, which you said was "a nice summary of things I've gotten wrong".

If I'm wrong, show me. Why is that so hard?
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Old 03-22-2015, 01:40 PM   #2
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OK, I did a search on "how Spence can prove that Obama in fact, did NOT promise that the stimulus would keep unemployment below 8%, when it subsequently rose above 10%", and guess what? it didn't return anything.

So, one last time, please tell me why I'm wrong when I say that Obama blew that prediction. Because that was one of the items in my list, which you said was "a nice summary of things I've gotten wrong".

If I'm wrong, show me. Why is that so hard?
Jim, if you'd make even the slightest attempt to form a reasoned opinion you'd answer this and most all of your questions.

Obama never "promised" an 8% unemployment cap. He cited an economic study that "projected" 8% given the current understanding of the recession and which came with heavy disclaimers. All the data the CBO and other groups were using was later found to have underestimated the severity of the economic downturn.

As for it not returning anything, a few seconds with the google will let you know that the CBO and vast majority of economists refute your opinion.
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Old 03-22-2015, 09:18 PM   #3
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Jim, if you'd make even the slightest attempt to form a reasoned opinion you'd answer this and most all of your questions.

Obama never "promised" an 8% unemployment cap. He cited an economic study that "projected" 8% given the current understanding of the recession and which came with heavy disclaimers. All the data the CBO and other groups were using was later found to have underestimated the severity of the economic downturn.

As for it not returning anything, a few seconds with the google will let you know that the CBO and vast majority of economists refute your opinion.
chugging the Kool Aid.

Does Obama deserve no blame for underestimating the severity of the downturn, or for overestimating his ability to lead us out of it. or overestimating his ability to come up with a plan that lets us keep our doctors, or overestimate his plan's ability to save us all 2500/year, or the fact that he underestimated the risk in pulling out of Iraq, or the he underestimated the depravity of ISIS, and underestimated the ability of the Surge to do exactly what the military suggested it would do?

You're making my case for me. The way Obama read the tea leaves, he could spend a trillion and keep unemployment below 8%. He failed miserably. You give him a pass. Shocker...

"As for it not returning anything"...woah...who said it didn't return anything?

The CBO refutes my opinion? That would be the same CBO that in your previous sentence, you said was way off base about the severity of the downturn? So you throw them under the bus to save Obama, but two seconds later, you are citing them to refute me?

Obama sold his stimulus on the fact that he agreed with those who said it would keep unemployment below 8%. Does he bear any responsibility for the complete failure to deliver on his statement?
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Old 03-23-2015, 07:26 AM   #4
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"As for it not returning anything"...woah...who said it didn't return anything?
You did. Aren't you reading your own posts as you write them?
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Old 03-23-2015, 09:10 AM   #5
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You did. Aren't you reading your own posts as you write them?
Mybe I'm tired. If you can show me on this thread, where I said any such thing, it would be appreciated.

I'm sure some people at Solyndra got rich as a resukt of the stimulus, that's something...
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Old 03-23-2015, 10:46 AM   #6
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Mybe I'm tired. If you can show me on this thread, where I said any such thing, it would be appreciated.

I'm sure some people at Solyndra got rich as a resukt of the stimulus, that's something...
Scroll up.

Solyndra? http://www.bloomberg.com/bw/articles...a-wont-go-away
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Old 03-23-2015, 10:54 AM   #7
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You got me, I said it!
It returned something, obviously. It did not do, what Obama said it was going to do.
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Old 03-23-2015, 10:57 AM   #8
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And from your link...

"But it’s embarrassing to President Obama, not least because he personally touted Solyndra as a beacon of “American ingenuity and dynamism” at a 2010 campaign stop, and a few of his big donors had financial stakes in the company..."

Well done, Mr Obama. Why not just give that money to his political benefactors, and eliminate the appearance of laundering it through a company?
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