Tomorrow marks the one-year anniversary of President Obama's (and the Democratic Congress's) big effort at averting an even greater economic disaster. It was called the American Recovery and Reinvestment Act. The chart below shows how job losses have slowed since that legislation passed. That act also gave tax relief to 95% of working families and small businesses, BTW!! More in comments...
-------------------Pretty dramatic. Now I don't believe the President is responsible for every up and down in economics, but at least it should be plain that Obama has NOT made the job situation worse ... unless you've been drinking something besides tea at those famous parties.
Terrell Shaw
Yes, it was expensive. Yes, we will have to curtail spending in the the long run. But it WAS necessary, and according to economists on the left and right, it prevented an economic meltdown.
Check out the chart below.
Jared Lathem
it gave small businesses tax cuts on taxes they do not pay. how nice of Obama.
Terrell Shaw
How's the Koolaid, er, "tea", Cuz?
Jared Lathem
It's wonderful. You should try it. It's called Logic.
Terrell Shaw
Love that GOP "logic" -"I'll co-sponsor that bill, it's great for America... oh, what's that, Obama supports it? Never, never, unh, unh, unh... it's so.cial.is.m!!!"
Sarah L. Flannigan
You may not have noticed but the taxes have inched up. I do the payroll and I received a new tax book
Jackson Williamson
I just did our taxes and my wife and I both paid less taxes last year. Neither of us make more than 30k/year. It's nice for us to get a tax break for once instead of the rich folks.
Lynne Crothers Williams
Automatic partisan replies don't exclusively belong to either party...nor do solutions belong exclusively to either party, despite what they both would like us to beleive.
Terrell Shaw
Lynne, you are certainly right that parties are, well, partisan. Always have been. And my Democrats do put up with a loud-mouthed left-wing for sure that sometimes stymies efforts at workable compromise. But the ultra-partisanship of McConnell and Co. -- and not just the GOP fringe but its leadership since the days of Gingrich to the present -- make it difficult to accomplish anything. McConnell has stonewalled every effort at bipartisanship. He seems to believe that by gumming up the works he can bring down the current majority and reinstate his side, and the good of the country (in the meantime) be damned. I suppose he rationalizes that if he can make things bad enough now, he can ride in on a white horse and reinstitute the policies that he thinks will be better in the long run.
That is no way to run the country.
There is a clear difference in the parties, and I'll take my rascals over theirs every time.
Here's an effort at explaining my party choice. It was first posted on Valentine's day four years ago.
http://aloneonalimb.blogspot.com/.../midweek-classic-206...
Lynne Crothers Williams
We agree that this is no way to run a country, but I think the main difference between the rascals on the left and the rascals on the right is in which aspects of our lives they want to control and micro-manage...generally for their own advantage, not ours. The parlimentary shenanigans being used at any given time were typically created by the previous party in power for their own ends. They forget that when next they are out of power, the very same shenanigans can be used against them. Thanks for the link--an articulate statement of your beliefs. There's probably a lot we disagree on, but more than anyone would expect that we do agree on.
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