Looking at unemployment statistics it appears that unemployment really started to tank after the 2008 election and hit the skids after the inauguration in 2009.
Could it be that business and financial institutions realized that the electorate has shafted everyone with the election of a Marxist street organizer?
Recall that the recession supposedly started in December 2007 but unemployment soared over a year later under Obama and has stayed there because of his Marxist ideology!
Thanks for posting this, Old Reg.
I find it fascinating that the numbers held kind of steady in 2007 under a democratic congress under Bush but in looking at the steady climb from about June of 2008 when it looked like Obama was going to win the election against McCain/Palin and rose steady from Obama inauguration in January on....Fascinating stuff.
Like Newt says, Election Day when the results are in and obama is defeated, the economy will make a remarkable turnaround when there is hope in sight for a Republican President and hopefully Republican Congress once again.
(That is if we have an election, I am still skeptical that Obama will do something to hang onto power.)
I find it strange that nothing has been said about this trend!
Who knows what Obama will try?
We have heard talk in the past about the imperial presidency [Mostly under Reagan I believe.] but nothing about the dictatorial presidency Obama has created.
Obama inherited this mess, LadyEagle.
That's a fact.
Now it can be debated whether or not he has made things better (I personally believe that he has not), but he had to work with the disaster he got from his predecessor.
It's going to take YEARS to recover from what happened during the Bush years.
Hope you and yours are well - always love reading your thoughts,
BiR
>Obama inherited this mess, LadyEagle. That's a fact. Now it can be debated whether or not he has made things better (I personally believe that he has not), but he had to work with the disaster he got from his predecessor. It's going to take YEARS to recover from what happened during the Bush years.
Agree 100%! I think it will take a generation and WW3 for the people who remain to recover.
I have been gone for several months, and you STILL aren't very good at this, are you, OldRegular??
The Housing bubble started long before Barney Frank [By the way, if you are going to launch a personal attack - be sure to get his name right.
It goes a long way with respect to one's credibility.].
This goes back to the former President's push for an "ownership society."
Is Frank culpable?
Most likely.
Is he totally at fault?
Nope.
Moreover, the housing bubble is only one facet of the economic meltdown.
It also has much to do with FNMA and FHLMC being a quasi-government institution, and the greed of those at the top.
Have you ever noticed that GNMA (or "Ginnie Mae"), which is a government agency, doesn't seem to have the same issues?
I know that this is usually ignored in the Republican talking points that you are good at giving us.
Wow, OldRegular: I'm embarrassed for you...........
I don't know whether this was addressed to me or not but my emotions are under control.
I am sick of people who claim to be Christians yet allow "political correctness" to control what we believe and say.
Barney Frank's is a notorious homosexual pervert.
Some years back his consort was running a house of prostitution for perverts, that was Barney's house.
It is perverts like these who are determined to destroy the Church in this country.