What happened to all of the doom and gloom economic threads?

[Disgustipated]

As we've noted in the past, Obama is eclipsing Carter as the biggest economic dunce in American history:

Gas Prices Grow More Under Obama than Carter

By LAUREN FOX

"Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. No other presidents in recent years have struggled as much with soaring oil prices. Under the Reagan administration, gas prices actually dropped 66 percent. When Bill Clinton was president, gas prices grew by roughly 30 percent, and under both Bush presidencies, gas prices rose by 20 percent."

http://www.usnews.com/news/blogs/wa.../gas-prices-grow-more-under-obama-than-carter

Dummy, read the comments from your own link.

under George W. Bush, the price of gasoline increased from $1.60 per gallon when he took office in January 2001 to $4.40 per gallon in July 2008, a jump of 275 percent.”

THOMAS MCCRAY of AL 2:19PM April 10, 2012
[report comment]
Pretty dishonest. The price of gasoline when Obama took office was $1.79 only because of the economic collapse that occurred at the end of the Bush administration.

In the summer of 2008, oil was as high as $142 a barrel. It is now $102 a barrel. The price collapsed, very briefly, when everything else did near the end of 2008.

Face it, oil prices are not coming down no matter who the president is. The reason is increased demand in the world, mostly from China and India. People love "free markets", until they don't.

DB of TX 2:16PM April 10, 2012
[report comment]
CKAinRedStateUSA, the national average price of gas on July 7th of 2008 was $4.12/gal, the HIGHEST IT'S EVER BEEN. Of course you fools forget all that, because Failure-in-Chief Bush denial and Obama Derangement Syndrome go hand in hand.

SFNOMAD of TX 2:15PM April 10, 2012

 

[koalabear]

Stocks' losing streak gets longer

12,712.53 Down -217.06 -1.68%

 

[Disgustipated]

It will never cease to amaze me how the RWCJ idiots flip-flop on whether the DOW matters or it doesn't.

 

[JohnnySavage]

It will never cease to amaze me how the RWCJ idiots flip-flop on whether the DOW matters or it doesn't.

Why? Few of them even know what it is.

 

[Sean Renaud]

Why? Few of them even know what it is.

Of course they know that it is. It's the thing that measures how bad a fuck up Obama is when it goes down and how awesome American Free Markets are when it goes up. It also doesn't effect the job market unless the two happen to be doing the same negative thing at the same time. It's all very complicated. You don't understand it because you didn't get the decoder ring in your box of cracker jacks.

 

[JAMESBJOHNSON]

DOW JONES matters so long as there are enough fools to rob.

 

[JohnnySavage]

^ see.

 

[semen4her]

So, the price of gasoline going up, means the economy is doing better?

Make up your fucking mind cap'n hypocrite.

Why bother?

Talking to people like him is like talking to the television.

They are too old to use common sense.

 

[koalabear]

Dow makes dramatic comeback......

Updated: 04/10/2012 03:02 ET
DOW 12,728.76 -200.83

 

[koalabear]

mega come back saves DOW......

Dow 12,715.93 -213.66

 

[mercury14]

We're due for an adjustment. I'm buying at around 12,400.

 

[unregistered]

 

[mercury14]

Every sector in the red, and the fifth day of selling resulting in a total loss of 548 points.

What goes into that total?

 

[unregistered]

 

[mercury14]

I'm going bargain-hunting. Some of these companies are definitely more sold off than they should have been. Do you have any recommendations?

BofA?

 

[unregistered]

 

[unregistered]

 

[Beco]

Remember when Obama stood before Congress assembled and the nation and declared he would not sign his name to any bill that added one dime to the deficit? Remember that?

yeah, and remember when Obama said he wouldnt run for a second term?

 

[phrodeau]

Was that before or after he said he was The Messiah?

 

[koalabear]

Was that before or after he became my Messiah?

FYP..

 

[richard_daily]

The DOW points lost in the last five sessions.

So now the DOW matters all of a sudden?

Last week, you said it didn't have anything to do with the economy.

Make up your mind old fart.

 

[unregistered]

 

[mercury14]

Remember when Obama stood before Congress assembled and the nation and declared he would not sign his name to any bill that added one dime to the deficit? Remember that?

You read that on Breitbart and marched straight here to post it, didn't you?

http://www.breitbart.com/Big-Government/2012/04/10/Obamacare-Deficits-Blahous

Even your daily marching orders aren't claiming Obama said "any bill" - they're specifically talking about Obamacare. Where are you getting this "any bill" stuff? Show us a link where Obama said that.

 

[unregistered]

 

[mercury14]

No, I didn't I recalled it during a talk about the deficit.

Okay then all you have to do is provide a link and I'll believe you.

Remember when he said he wouldn't raise any kind of taxes of anyone making less than $250K?

http://www.youtube.com/watch?v=Q8erePM8V5U

Which tax increase did Obama give folks making less than 250K? And don't give me the weak sauce response about how a tax on chewing tobacco or tanning beds or whatever counts as a tax increase.

Part 2: Obama also cut payroll taxes which impacts everyone with a job, and gave about $280 billion in tax breaks via the stimulus. So do you think there's been a net tax increase or decrease in his administration?

If your response is that Obama gave us a net decrease in taxes then your whole argument about him hiking taxes seems pretty silly.