Comments on: Unemployment Still Skyrockets Higher Than Obama Said It Would With Stimulus http://www.antiobamablog.com/2009/07/unemployment-still-skyrockets-higher-than-obama-said-it-would-with-stimulus/ The Anti-Obama Blog Sat, 04 Feb 2012 21:54:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Max http://www.antiobamablog.com/2009/07/unemployment-still-skyrockets-higher-than-obama-said-it-would-with-stimulus/comment-page-1/#comment-3747 Max Tue, 04 Aug 2009 16:12:40 +0000 http://www.antiobamablog.com/?p=829#comment-3747 Ignore those links. First of all the second is clearly biased, and is a blog. It is easy to spin history the way you want. And that blog is an example. Secondly, search the Cato institute on the net and see their conservative bias as well. They advocated privatization of Social Security. Do you know what that would have meant when the stock market just got killed in the last year. Good thing no one in their sane mind is really ever thinking of doing such a thing. Look at history books. Pick up an economic history book and research what happened. Also, Obama and the Democratic Congress will try to bring back the uptick rule and rules on short-selling eliminated by Christopher Cox, the SEC chairman chosen by Bush. Rules implemented after the Great Depression to avoid the stock market from crashing. Will you oppose them when they do that after the events of the recent year? Will you call them socialists when they try to put rules into a total free-market system that are deemed necessary? Maybe the Cato institute will oppose them. Ignore those links.

First of all the second is clearly biased, and is a blog. It is easy to spin history the way you want. And that blog is an example.

Secondly, search the Cato institute on the net and see their conservative bias as well. They advocated privatization of Social Security. Do you know what that would have meant when the stock market just got killed in the last year. Good thing no one in their sane mind is really ever thinking of doing such a thing. Look at history books. Pick up an economic history book and research what happened. Also, Obama and the Democratic Congress will try to bring back the uptick rule and rules on short-selling eliminated by Christopher Cox, the SEC chairman chosen by Bush. Rules implemented after the Great Depression to avoid the stock market from crashing. Will you oppose them when they do that after the events of the recent year? Will you call them socialists when they try to put rules into a total free-market system that are deemed necessary? Maybe the Cato institute will oppose them.

]]> By: Admin http://www.antiobamablog.com/2009/07/unemployment-still-skyrockets-higher-than-obama-said-it-would-with-stimulus/comment-page-1/#comment-3744 Admin Tue, 04 Aug 2009 06:02:00 +0000 http://www.antiobamablog.com/?p=829#comment-3744 All who read the above laughable comment, please read the following two articles: http://www.cato.org/pub_display.php?pub_id=3357 http://newconservativeunderground.blogspot.com/2009/01/fdrs-new-deal-made-depression-worse.html All who read the above laughable comment, please read the following two articles:

http://www.cato.org/pub_display.php?pub_id=3357

http://newconservativeunderground.blogspot.com/2009/01/fdrs-new-deal-made-depression-worse.html

]]> By: Max http://www.antiobamablog.com/2009/07/unemployment-still-skyrockets-higher-than-obama-said-it-would-with-stimulus/comment-page-1/#comment-3743 Max Tue, 04 Aug 2009 04:16:38 +0000 http://www.antiobamablog.com/?p=829#comment-3743 Unemployment soars but so does the stock market and the economic GDP numbers. So if you studied some economics 101 before you started writing on here you would be aware that those two numbers lead the rise in consumer confidence, consumer spending, and job growth which always lags behind. So while you search for that also search for an economist known as Keynes and what he said the govt should do in a recession. Also since I'm guessing you oppose the stimulus package, learn what Hoover and FDR did in the great depression. You will notice that Hoover a republican who said that the government should not interfere with the free market did not do anything and the economy fell into the great depression, then FDR cam in with the new deal, and with government money helped rescue the economy. Secondly, look at debt in the last 3 decades and look how high the levels were under Reagan, Bush Sr. and Bush Jr. and then look at the rate Clinton's was. He was the only out of the three to bring it down. His Treasury secretary? Larry Summers, the same one calling the economic shots under Obama. I agree debt is high in this presidency but you have a guy who has already proved himself once calling the shots. So sit back, relax and watch the economy go up and the debt go down. I hope that when the time comes you will give up wasting your time on this blog. Unemployment soars but so does the stock market and the economic GDP numbers. So if you studied some economics 101 before you started writing on here you would be aware that those two numbers lead the rise in consumer confidence, consumer spending, and job growth which always lags behind.
So while you search for that also search for an economist known as Keynes and what he said the govt should do in a recession.

Also since I’m guessing you oppose the stimulus package, learn what Hoover and FDR did in the great depression. You will notice that Hoover a republican who said that the government should not interfere with the free market did not do anything and the economy fell into the great depression, then FDR cam in with the new deal, and with government money helped rescue the economy. Secondly, look at debt in the last 3 decades and look how high the levels were under Reagan, Bush Sr. and Bush Jr. and then look at the rate Clinton’s was. He was the only out of the three to bring it down. His Treasury secretary? Larry Summers, the same one calling the economic shots under Obama. I agree debt is high in this presidency but you have a guy who has already proved himself once calling the shots. So sit back, relax and watch the economy go up and the debt go down. I hope that when the time comes you will give up wasting your time on this blog.

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