June 08, 2011

Forget Bush, This Is The Obama Economy. So Says...Dick Durbin
— DrewM

Sounds like Durbin reads the HQ.

I think you can expect to see this a lot in the coming year. Pretty much every time Obama says, "the previous administration". And you know how often that is.

Via Right Turn

Posted by: DrewM at 10:43 AM | Comments (72)
Post contains 59 words, total size 1 kb.

1 But it's all BOOOOOOOOOOOOOSH'S FAULT!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by: Typical Libtard Idjit at June 08, 2011 10:45 AM (7mSYS)

2 The boy was hiding in a barn.

January 4th 2007:  The day Pelosi became Speaker of the Democratically controlled 110th Congress

DJIA end of session:  12,800.18
National unemployment rate for December 2006:  4.5%
2006 Federal Budget Deficit:  $247.7 billion
Average GDP growth for 2006:   3.4%
Median Home Value in December 2006: $244,700   March 2011: $159,600
Average price for Regular Unleaded Gasoline December 2006:  $2.30
Federal Debt as % of GDP  2006: 64.55  2008: 70.00  2009: 90.36  2010: 92.28   2011: 102.63 (estimated)
Nonfarm employment in thousands   Dec 2006: 137,000   April 2011: 131,028

In the 12 years of Republican Congress, average annual deficit:  $104 billion

Posted by: james cole at June 08, 2011 10:46 AM (GTbGH)

3

When you take away the "blame Bush", what else does he really have?

Race card?

Posted by: weew at June 08, 2011 10:46 AM (l8YWh)

4 All you twerps who want a comment on this economy thing - appears to be faked.

Posted by: Howard Kurtz at June 08, 2011 10:46 AM (FkKjr)

5

Yes, his economic policies were so bad, that I doubled down on them!

Heck.... lets go all in on spendulous!

Posted by: Barrak Obama, Economic Genius! at June 08, 2011 10:46 AM (NtXW4)

6 When Petey signed the Porkulus bill, he became the owner of this economy.

Posted by: Soona at June 08, 2011 10:47 AM (sqJL0)

7 I see he missed the secret memo that VDH was quoting a couple of days ago.

Posted by: Vic at June 08, 2011 10:48 AM (M9Ie6)

8

/bad Richard Simmons voice...

SPENDULOUS!!!!

Posted by: Romeo13 at June 08, 2011 10:48 AM (NtXW4)

9

BUSH'S FAULT!

no? ok...

RAAAACIST!!

no? let's try...

GREEEEEDY CORPORATE BASTARDS!!!

no? how about...

I WON!!!

no?

Posted by: weew at June 08, 2011 10:52 AM (l8YWh)

10 Remember back in O5/06 when the Rs up for re-election placed all the blame on Bush and the media went fucking nuts over it - there's a rift in the Rep. party!!!!1!!! - Even the Rs BLAME BUSH.

Now, when the Dems are trying to distance themselves and their votes from Obama, the media is silent.

Posted by: momma at June 08, 2011 10:55 AM (nWikJ)

11 Why is it that politicians named Dick or Weiner always end up being a cock?

Posted by: © Sponge at June 08, 2011 10:55 AM (UK9cE)

12 BREAKING NEWS (circa 2010) Hair Plug Sporting Psychic Predicts "Recovery Summer"! Prophecy supported by African American Messiah Figure!

Posted by: Damiano at June 08, 2011 10:55 AM (3nrx7)

13

Posted by: weew at June 08, 2011 02:52 PM (l8YWh)

I'm doing it to help the whole worlds economy!

Posted by: Barrak Obama, Citizen of the World at June 08, 2011 10:56 AM (NtXW4)

14 3

When you take away the "blame Bush", what else does he really have?

Race card?

Posted by: weew at June 08, 2011 02:46 PM (l8YWh)

Math and economics is racist.

Posted by: buzzion at June 08, 2011 10:56 AM (oVQFe)

15 Blaming Bush isn't a solution to the bad economy.  If Zero doesn't have solutions then people are going to want someone, anyone, else.

Posted by: Speller at June 08, 2011 10:56 AM (J74Py)

16 Forget Gutsycall.com.  It's the Obamalypse, now.

Posted by: ParisParamus at June 08, 2011 10:56 AM (QN76w)

17 Sounds like Durbin is more interested in getting re-elected than supporting a failed President

Posted by: nevergiveup at June 08, 2011 10:58 AM (i6RpT)

18

This post is full of weiner.  

Posted by: Beagle at June 08, 2011 10:58 AM (sOtz/)

19 11 Why is it that politicians named Dick or Weiner always end up being a cock?

Posted by: © Sponge at June 08, 2011 02:55 PM (UK9cE)


It's in my nature.

Posted by: Sen. Dick "Scorpion" Durbin at June 08, 2011 10:58 AM (7mSYS)

20 Abandon Ship!!!!

Posted by: Dick Durbin at June 08, 2011 10:58 AM (TQbuA)

21 So, if you've been to 57 states, with 1 to go, but you're not allowed to go to Alaska or Hawaii, doesn't that make 60 states?

Mixtures of pot and cocaine tend to have negative effects on the brain, so I've heard.

Posted by: © Sponge at June 08, 2011 10:59 AM (UK9cE)

22 When you take away the "blame Bush", what else does he really have?

Soaring Rhetoric™. The kind of speechifying so historic and memorable no one can quote a single line of his, except in mockery.

Posted by: Waterhouse at June 08, 2011 10:59 AM (wKH+l)

23 Its a Trap???

Posted by: Admiral Akbar at June 08, 2011 10:59 AM (NtXW4)

24 Aren't rats the first ones to bail a sinking ship?

Posted by: © Sponge at June 08, 2011 11:00 AM (UK9cE)

25 Democrats trying to circle the wagons with Obama on the outside. But who voted for all Obama's socialist crap???

Posted by: tarpon at June 08, 2011 11:00 AM (g0QB8)

26 22 When you take away the "blame Bush", what else does he really have?

Soaring Rhetoric™. The kind of speechifying so historic and memorable no one can quote a single line of his, except in mockery.

Posted by: Waterhouse at June 08, 2011 02:59 PM (wKH+l)

I like to quiz my Obama-supporting friends from time to time about what their favorite Obama quote is.  None of them can ever think of any....even though they all say they love the way he speaks.

mmm mmm mmm.

Posted by: robviously at June 08, 2011 11:01 AM (TQbuA)

27 GutsyDepression.com

Posted by: ParisParamus at June 08, 2011 11:01 AM (QN76w)

28

Aren't rats the first ones to bail a sinking ship?

Rahm and Axelrod say Hi

Posted by: IE Con at June 08, 2011 11:01 AM (/COcn)

29 Posted by: james cole at June 08, 2011 02:46 PM (GTbGH)

Whenever I try to point out those facts to some liberal douchebag all I get it BOOOOSSSHH it's all his fault!!!

Posted by: Hedgehog at June 08, 2011 11:01 AM (Rn2kl)

30 Democrats trying to circle the wagons with Obama on the outside. But who voted for all Obama's socialist crap???

Posted by: tarpon at June 08, 2011 03:00 PM (g0QB



If the R's don't run on the Dems voting record next year, we're all screwed.

Enough with the shitty analogies.....cold hard facts, baby.  FTW!!!

Posted by: © Sponge at June 08, 2011 11:02 AM (UK9cE)

31 Whenever I try to point out those facts to some liberal douchebag all I get it BOOOOSSSHH it's all his fault!!!

Posted by: Hedgehog at June 08, 2011 03:01 PM (Rn2kl)



Don't forget the ILLEGAL WAR!!!!!!  FOR OIL!!!!!

Oh wait......

Posted by: © Sponge at June 08, 2011 11:03 AM (UK9cE)

32

I like to quiz my Obama-supporting friends from time to time about what their favorite Obama quote is.  None of them can ever think of any....even though they all say they love the way he speaks.

mmm mmm mmm.

Posted by: robviously at June 08, 2011 03:01 PM (TQbuA)

He'd be a very effective leader of a religious cult.

Oh wait.

He is.

Posted by: buzzion at June 08, 2011 11:04 AM (oVQFe)

33 This should be the theme for the next 17 months. We should take control of the narrative.

And the fact that Durbin handed the Republicans a nice sound bite shouldn't be wasted (but...it will be).

Posted by: CharlieBrown'sDildo (NJConservative) at June 08, 2011 11:04 AM (LH6ir)

34 The official strategy for 2012 is:

Blame Bush
Throw grandma over the cliff
and
raaaaciiiisssts!

Posted by: Vic at June 08, 2011 11:05 AM (M9Ie6)

35 34The official strategy for 2012 is:

Blame Bush
Throw grandma over the cliff
and
raaaaciiiisssts!

Posted by: Vic at June 08, 2011 03:05 PM (M9Ie6)

OK... I'm confused.... is it Racist Grandma's throwing Booosh over the cliff...

oorrrr Bush throwing Grandmas offf the racist cliff...

orrrrr... Racist Bush throwing Grandma off the cliff...

We need to get this straight...

Posted by: Journolist Reader at June 08, 2011 11:07 AM (NtXW4)

36 #34

Lets hope that's their strategy.

Posted by: looking closely at June 08, 2011 11:07 AM (6Q9g2)

37 Dear Senator McCain, Enclosed, please find one cock-punch for your remark that "you have nothing to fear from an Obama presidency." Sincerely, EoJ

Posted by: Empire of Jeff at June 08, 2011 11:08 AM (lbo6/)

38 Rahm and Axelrod say Hi Posted by: IE Con at June 08, 2011 03:01 PM (/COcn) Well Axelrod left to run obama's campaign, so he is still on the inside

Posted by: nevergiveup at June 08, 2011 11:10 AM (i6RpT)

39 Whenever I try to point out those facts to some liberal douchebag all I get it BOOOOSSSHH it's all his fault!!!

well there's your problem right there

Posted by: chemjeff at June 08, 2011 11:10 AM (7mSYS)

40
We are not concerned with a double-dip recession, but we are concerned about the failure of republican's to present a budget within the administrations strict guidelines and acceptable to the President.

This is my present day comment, and after my departure in September, the above comment is completely inoperative, and will not be relied upon as a factual representation of my belief.

Posted by: Austan Goolsby at June 08, 2011 11:11 AM (cwFVA)

41 Obamaconomy.
Obamaconomy.
Obamaconomy.
Obamaconomy.

Posted by: Say It With Me Like They Said "WMD", "Illegal War", etc. at June 08, 2011 11:12 AM (gbMr4)

42 22 When you take away the "blame Bush", what else does he really have?

Soaring Rhetoric Teleprompter Reading™. The kind of speechifying so historic and memorable no one can quote a single line of his, except in mockery.

Posted by: Waterhouse at June 08, 2011 02:59 PM (wKH+l)

 

FIFY.

Posted by: Insomniac at June 08, 2011 11:14 AM (DrWcr)

43

Question...

IF you take out the increase in Gov spending, which was all borrowed money... and the banking industry (which produces nothing, it just moves money around and counts it as GDP activity) did the economy really make any gains the last couple of years...

ie... is the PRODUCTIVE part of the economy actualy growing? or is it all Gov spending and Banks?

Posted by: Romeo13 at June 08, 2011 11:15 AM (NtXW4)

44 The official strategy for 2012 is:

Blame Bush
Throw grandma over the cliff
and
raaaaciiiisssts!

Posted by: Vic at June 08, 2011 03:05 PM (M9Ie6) 


That sounds familiar.

Posted by: The 2008 Strategy at June 08, 2011 11:16 AM (gbMr4)

45 Very entertaining podcasts: Coffee and Markets:  http://tinyurl.com/6263dks

Posted by: ParisParamus at June 08, 2011 11:16 AM (QN76w)

Posted by: DRI at June 08, 2011 11:17 AM (61nA0)

47

Mmm mmm mmm

Barack Hussein Obama

A man who dances like a clown

And drives the dollar's value down

Mmm mmm mmm Barack Hussein Obama

His speeches make you want to snooze

His plan for peace is "F*** the Jews!"

Mmm mmm mmm

Barack Hussein Obama

Posted by: Some random elementary school kids at June 08, 2011 11:17 AM (DrWcr)

48

Question...

IF you take out the increase in Gov spending, which was all borrowed money... and the banking industry (which produces nothing, it just moves money around and counts it as GDP activity) did the economy really make any gains the last couple of years decades...

ie... is the PRODUCTIVE part of the economy actualy growing? or is it all Gov spending and Banks?


Fixed.  The question stands...

Posted by: AoSHQ's *second* worst commenter, DarkLord© at June 08, 2011 11:18 AM (GBXon)

49 President Obama does have a plan and I agree that we need to tax the rich (Anyone making $75,000 or more). The rich needs to pay higher taxes to help Obama create more jobs. Let's get behind our leader and make more jobs.

Posted by: Mary Clogginstein -- Proud Resident of Brattleboro, VT at June 08, 2011 11:18 AM (48wze)

50 If you want to avoid the health insurance mandate and penalties, just stop making so damn much money!  Aren't you peasants supposed to be poor anyway?

Posted by: Obama's Legal Genius Solicitor General at June 08, 2011 11:20 AM (v+QvA)

51

Posted by: ParisParamus at June 08, 2011 03:16 PM (QN76w)

I am intrigued by this Hadley Heath...

Posted by: garrett at June 08, 2011 11:20 AM (61nA0)

52 Dear Whoopie Goldberg,

When John McCain was on that horrible excuse for a show called The View, you asked him if you had to worry about a return to the days of slavery.  Thanks to the policies supported by liberals and foisted upon the rest of us, the answer is yes.

Posted by: Lemmiwinks at June 08, 2011 11:23 AM (pdRb1)

53

Posted by: AoSHQ's *second* worst commenter, DarkLord© at June 08, 2011 03:18 PM (GBXon)

Good point...

 

Posted by: Romeo13 at June 08, 2011 11:25 AM (NtXW4)

54 41 Obamaconomy.
Obamaconomy.
Obamaconomy.
Obamaconomy.

This country is an OBAMANATION.

Posted by: Lemmiwinks at June 08, 2011 11:27 AM (pdRb1)

55

Our slogan for 2012: socialism causes global warming.

Put hipsters' heads into a DO loop.

Posted by: Jay Guevara at June 08, 2011 11:31 AM (ap/w5)

56

Barack who? Never heard of him.

Posted by: Dick Durbin at June 08, 2011 11:32 AM (ap/w5)

57 If you've lost Dick Durbin . . .

Posted by: tsj017 at June 08, 2011 11:38 AM (4YUWF)

58 This might also be a good time to recall that 97-0 shellacking that O's budget took a couple of weeks ago. If he can't even a few Democratic votes as cover . . .

Posted by: tsj017 at June 08, 2011 11:39 AM (4YUWF)

59 I'm still betting on a 'draft Evan Bayh' movement byThanksgiving.

Posted by: Blue Hen at June 08, 2011 11:40 AM (Gzv/o)

60 This might also be a good time to recall that 97-0 shellacking that O's budget took a couple of weeks ago. If he can't even a few Democratic votes as cover . . .

Posted by: tsj017

 

And these are the same politcal whores who needed $500million in bribes to vote the party line on Obamacare. The same ones who are resigning rather than continue to raise funds (are we up to six of them now?).

Posted by: Blue Hen at June 08, 2011 11:42 AM (Gzv/o)

61 Forget Gutsycall.com.  It's the Obamalypse, now.

Racist.

Posted by: The Mega Independent at June 08, 2011 11:42 AM (gbMr4)

62 Is Dickless Dirtbag throwing Barry under the bus?

Posted by: TheQuietMan at June 08, 2011 11:51 AM (1Jaio)

63 16 Forget Gutsycall.com.  It's the Obamalypse, now.
; background-color: rgb(255, 218, 185);"> Posted by: ParisParamus at June 08, 2011 02:56 PM

~~~~~~~~~

Obamalypse Now.  I like it! 


There's a movie in there somewhere . . . Charlie Sheen as the agent, Obama as the insane Colonel, Joe Biden as the fawning Dennis Hopper journ-o-list character . . . Anthony Weiner as a naked tribesman . . .

Posted by: Adjoran at June 08, 2011 11:53 AM (VfmLu)

64 Hmm, Clinton, Carville, and now Durbin.  Goolsbee resigns.

I'm thinking about that "Ulsterman Insider" most recent post.  Let's see if I can find the quote...

Here it is:

"Watch for an uptick in Democrats openly speaking out against Obama.  You have likely noted the most recent bi-partisan votes in Congress against Obama.  To have those kinds of votes against a sitting president who is now fully engaged in a re-election campaign is stunning."

Posted by: Dave in Fla at June 08, 2011 12:00 PM (+irH7)

65

@2: "January 4th 2007:  The day Pelosi became Speaker of the Democratically controlled 110th Congress

DJIA end of session:  12,800.18
Garbage number - as we know, market was full of shit.

National unemployment rate for December 2006:  4.5% Nice enough, in and of itself, but offshoring was already well underway, wages had been stagnant for a long time, and a lot of those jobs were low-level service ones.  Not really a sign of strength

2006 Federal Budget Deficit:  $247.7 billion Better than the Dems' numbers, but still terrible.  The GOP are supposed to be the fiscally responsible ones, remember?

Average GDP growth for 2006:   3.4% Almost all of it was pulled-forward demand based on credit/debt, as has been the case for the last 25+ years.  Virtually no organic growth in that number.

Median Home Value in December 2006: $244,700   Hopelessly inflated figure from the near-top of a bubble.  Worthless indicator of value.

March 2011: $159,600 Sadly, as still inflated figure.  Not an indicator of true value yet.

Average price for Regular Unleaded Gasoline December 2006:  $2.30 Nice enough, I guess, but pre-Bush giving banks billions to unfreeze credit pour into futures.  Not a good measure of value, but probably more accurate than now.

Federal Debt as % of GDP  2006: 64.55 2008: 70.00  2009: 90.36  2010: 92.28   2011: 102.63 (estimated) 2006 was still terrible.  Again, the GOP guys are supposed to be the party of fiscal responsibility.


Nonfarm employment in thousands   Dec 2006: 137,000   April 2011: 131,028 As above, nice enough, in and of itself, but offshoring was already well underway, wages had been stagnant for a long time, and a lot of those jobs were low-level service ones.  Not really a sign of strength.

Obama has definitely exacerbated the problem, as did the Pelosi/Reid Congress, but the GOP did a terrible job, too.  They don't really look better than the Dems, just less abysmal.


Posted by: Fa Cube Itches at June 08, 2011 12:02 PM (xy9wk)

66 Thanks for throwing your party under the bus in 2010, Champ! Now, it's your turn.

Posted by: Dick Durbin at June 08, 2011 12:06 PM (tybhV)

67 JAMES COLE,

Stunning numbers...let's hope the GOP uses them.

Posted by: PJ at June 08, 2011 12:07 PM (tybhV)

68 Let me be clear.  Truth of the matter is our current ills are directly attributable to the failed economic policies of the Grover Cleveland administration.

Posted by: Jugears Obumbum at June 08, 2011 12:08 PM (mQMnK)

69 Sheesh, Durbin even looks like a fucking idiot.

Posted by: Blacque Jacques Shellacque at June 08, 2011 12:42 PM (1rHeD)

70 They don't really look better than the Dems, just less abysmal.


The numbers are what the numbers are, says I.  Spin them hows you want but I'd like them back, including that average annual deficit.

Posted by: james cole at June 08, 2011 12:42 PM (GTbGH)

71 Seriously, I wish I was joking--back in the '90s it felt to me like the money being made was complete and utter bullshit.  It was based on nothing, earned from nothing, and totally arbitrary.  Dot-coms, real estate, finance...a vaporware economy, a series of bubbles.

Probably what opened my eyes and helped me throw off the left-fog from college.  Still bitter in the mouth, though.


Posted by: AoSHQ's *second* worst commenter, DarkLord© at June 08, 2011 12:55 PM (GBXon)

72 I can remember a quote from Obama's speeches: "The Republicans drove the car into the ditch.  And now they want the keys back.  Well they can't have the keys back.  Because... they can't drive" (Sounds of wild cheering)

Doesn't that rank right up there with "Ask not" and "The only thing we have to fear"?

Posted by: Mangas Colorados at June 08, 2011 01:04 PM (WeM+y)

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