Looks Like A Double Dip Just Like I Said
by Big Dog on Aug 5, 2011 at 17:57 Political
From The New York Times:
It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again. The unrelenting negative economic news of the past two weeks has painted a picture of a United States economy that fell further and recovered less than we had thought.
I said last year that we would hit a double dip in the second half of this year. Looks like I was right…
And we will get hit with a double whammy. The 7 trillion dollars in new debt and the downgrade of our credit rating. The White House is preparing for it. Looks like Obama will get his tax increase after all. A drop in the bond rating is the same as a tax increase for all Americans. Obama said so…
So now we can all pin the tax increase on Obama.
Cave Canem!
Never surrender, never submit.
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Tags: double dip recession, economy, new york times
You know it, BD.
Adam, the noisy one, has been very silent lately. For all his frantic scribbling, everything you predicted and he denied is unfolding.
When Obama was elected, my friends said, “Aren’t you disappointed?” I replied that I was cautiously optimistic, and I would give The New President the benefit of the doubt and judge him on his actions, not on his creepy earth-worm colored lips alone.
Well, the tale is told and history written; Obama and his cadre of “leaders” in government have certainly been leading Down the wrong roads, making every wrong decision and were they in the private sector, making financial choices that at the very least would have gotten them fired, and most likely prosecuted for fraud.
They lied to us. They stole the assets of thew elderly. They foisted a scam on the people, a scam of anti-biblical proportions. They robbed today the actual money of children not even born! That alone is an act of despicable ingenuity that we see and decry in the negro leaders of third-world nations in the depths of Africa, the Mugabe’s and the Mubarak’s, the Zuma’s and Bashir’s of every once stable white-lead country that is now a basket-case. Liberals put them in power in a fit of ignorance and guilt, and they rape and rob the land and people they promised to serve and protect.
And Obama is the chain for the neck of Americans.
Well, it may by PC incorrect but it happens to be a fact, so scream little liberals scream. It happened.
Democrats and liberals ran Nixon from the office for HIS KNOWING THAT some idiots on his side broke into a hotel room and read their election “game plan.”
Now a Democrat, following that game plan, has brought the mightiest nation this planet has ever know, the one nation that stands up to the hundreds of petty dictators, and bullet for bullet fights it out with them, this dumbly elected questionably American but proven America-hating muslim back-ground worm-colored-lips liar from Zaire warms his skinny butte in The Big Chair and we CAN’T HAVE HIM REMOVED?
Like hell we can’t.
“Adam, the noisy one, has been very silent lately. For all his frantic scribbling, everything you predicted and he denied is unfolding.”
Is it? Big Dog said the stimulus wouldn’t stimulate. It did. Big Dog said hyper-inflation would come. It hasn’t and isn’t even close. Big Dog said the recession would be a double dip. We’re not in a recession yet and it’s not a sure thing either way though it is more likely now than it was this time last year.
The problem is Big Dog still believes that since he predicted a double dip that if a double dip comes he’s automatically correct as to the cause. So how is Obama to blame for a double dip that is directly related to US economic weakness due to a deep recession and trouble in financial markets in Europe?
I’m still waiting on the plan that would have filled the massive hole in the economy and employment better than the stimulus and for such a plan to be supported by people that know what they’re talking about.
All I see on the right is a suggestion that Obama is to blame but no real evidence as to why. We still know the majority of the debt is from Bush administration policies that passed and were not paid for, two wars, and a very, very deep recession. So remind me again how Obama’s tiny bit of spending increases to get us out of a recession make him to blame for a possible second recession?
And for the record I’ve been very busy lately both in work and blogging on another site. It’s not as fun as it used to be around here now that so few people on this site deal in rational arguments.
Don’t you mean to say, “It’s not as fun as it used to be around here, now that my dear leader can’t lead, and I have run out of fatuous arguments.”?
Bari IS to blame- only an idiot can’t see that, and I do not think you are that brain-dead, so the only other answer is that you like to argue for the sheer sake of arguing.
No rational person could do the things that have gotten us downgraded, unless THEY WANTED US DOWNGRADED.
That is why obama is a traitor.
That is not a “suggestion”, that is a fact.