2016 Postmortem

wt1531

(424 posts) Thu Aug 18, 2016, 07:12 PM Aug 2016

Republicans blocked all Obama economic plans, then blame Obama for status of economy

Republicans are counting on voters not making the reasoning that the reason the US economy is not performing much better is because Republicans have been blocking almost all Obama/Democratic economic measures which would have created so many more jobs because most Republicans in Congress would rather see the economy go to depression than allowing Obama or Democrats to get credit for improving the economy. Great example: The Obama infrastructure plan that he 2 or 3 years ago proposed which would have created thousands of jobs and would have put people to work repairing the country's roads and bridges, which was blocked by the Republican Congress. Democrats should bring this up every time Republicans try to say the economy is stagnant under Democratic leadership- as if Republicans haven't been in control of Congress and blocking and killing every Democratic economic initiative. I listen to that gas bag-named Rush- every day just to see what he is up to and the dishonesty and fact-free bs he spews every day is mind blowing and one of the things he harps on is how "the economy is not doing so well and Democrats are in charge of it." Yeah, right Rush.

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Republicans blocked all Obama economic plans, then blame Obama for status of economy (Original Post) wt1531 Aug 2016 OP

The Repugs will say that Obama got the Stimulus he wanted, (not true) and look at the trillions in politicaljunkie41910 Aug 2016 #1

politicaljunkie41910

(3,335 posts)

1. The Repugs will say that Obama got the Stimulus he wanted, (not true) and look at the trillions in

Reply to wt1531 (Original post)

Thu Aug 18, 2016, 10:17 PM

Aug 2016

debt he ran up. The Repugs forget that the debt was run up because,
1) we still had troops in a war overseas which was costing the Treasury a ton of money to maintain;
2) the massive amount of people unemployed and collecting unemployment benefits and in some cases food stamps, and housing subsidies;
3) with the large numbers of people unemployed, the payroll taxes they would have paid had they not lost their jobs was a double whammy to the Treasury. So now you have people who are no longer paying into the system i.e. payroll and FICA, but they are collecting unemployment insurance and in some cases Social Security Disability because record numbers of the older unemployed, with little hope of gainful employment, were now claiming to be disabled. That plus the upside down mortgages as a result of the mortgage scandal further put a strain on the economy, when it wiped out millions and perhaps billions in equity that people had been planning on to help supplement their retirement.

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