Republicans are the Problem, They Are Sabotaging The Economy for Political Gain

A new Daily Kos/SEIU poll released today found that nearly half of voters believe that Republicans are intentionally stalling efforts to jump start the economy to ensure that President Barack Obama is not re-elected. 49 percent of respondents to the poll say that Republicans are intentionally stalling the economy, compared to 40 percent who say they are not. 11 percent replied “not sure.”

Among independents, 50 percent said that Republicans are stalling the recovery compared to 40 percent who said they are not, and 61 percent of self-described moderates said they are compared to just 40 percent who said they are not.

Recently, news analysts from major networks (not Fox) have began to question whether Republicans really are deliberately tanking the economy to defeat Obama. The behavior of Republicans in Congress is beginning to give credibility to that charge. The poll shows that a very large number of Americans including half of Independent voters agree.

Take the Highway Bill for example, we have been ignoring our infrastructural needs for decades. Not only about roads and bridges, but also water, sewage, power, and communication lines to name a few. In the senate, the highway bill was written with bi-partisan support, however the house refuses to pass it. Why? Probably because of the estimated 1 MILLION jobs it will create....

The GOP's "Job Creators" Don't Create Jobs

 From www.dailykos.com

For years, Republicans have warned that President Obama's proposal to let the Bush tax cuts expire for the top two percent of taxpayers would crush "job creators."  As Speaker Boehner protested:

"The top one percent of wage earners in the United States...pay forty percent of the income taxes...The people he's [President Obama] is talking about taxing are the very people that we expect to reinvest in our economy."

If so, those expectations were sadly unmet under George W. Bush. After all, the last time the top tax rate was 39.6 percent during the Clinton administration, the United States enjoyed rising incomes, 23 million new jobs and budget surpluses. Under Bush? Not so much. On January 9, 2009, the Republican-friendly Wall Street Journal summed it up with an article titled simply, "Bush on Jobs: the Worst Track Record on Record." (The Journal's interactive table quantifies his staggering failure relative to every post-World War II president.) The meager one million jobs created under President Bush didn't merely pale in comparison to the 23 million produced during Bill Clinton's tenure. In September 2009, the Congressional Joint Economic Committee charted Bush's job creation disaster, the worst since Hoover.
That dismal performance prompted David Leonhardt of the New York Times to ask last fall, "Why should we believe that extending the Bush tax cuts will provide a big lift to growth?" His answer was unambiguous:

Those tax cuts passed in 2001 amid big promises about what they would do for the economy. What followed? The decade with the slowest average annual growth since World War II. Amazingly, that statement is true even if you forget about the Great Recession and simply look at 2001-7...
Is there good evidence the tax cuts persuaded more people to join the work force (because they would be able to keep more of their income)? Not really. The labor-force participation rate fell in the years after 2001 and has never again approached its record in the year 2000.
Is there evidence that the tax cuts led to a lot of entrepreneurship and innovation? Again, no. The rate at which start-up businesses created jobs fell during the past decade.

The data are clear: lower taxes for America's so called job-creators don't mean either faster economic growth or more jobs for Americans.

It's no wonder Leonhardt followed his first question with another.  "I mean this as a serious question, not a rhetorical one," he asked, "Given this history, why should we believe that the Bush tax cuts were pro-growth?"  Or as Mark Shields asked and answered in April:

"Do tax cuts help 'job creators' or 'robber barons'?"

Just days after the Washington Post documented that George W. Bush presided over the worst eight-year economic performance in the modern American presidency, the New York Times in January 2009 featured an analysis comparing presidential performance going back to Eisenhower. As the Times showed, George W. Bush, the first MBA president, was a historic failure when it came to expanding GDP, producing jobs and even fueling stock market growth.  Apparently, America's job creators can create a lot more jobs when their taxes are higher - even much higher - than they are today.

(It's worth noting that the changing landscape of loopholes, deductions and credits, especially after the 1986 tax reform signed by President Reagan, makes apples-to-apples comparisons of effective tax rates over time very difficult. For more background, see the CBO data on effective tax rates by income quintile.)

Obama Presidency Facts

Spending has increased the least under Obama in comparison with preceding presidents

Check Out: Forbes.com if you do not believe me...

"Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history." - Mitt Romney

Romney, not to rain on your parade, but it's Bush's spending that has done that...

Most Americans are under the belief that President Obama has Presided over a massive increase of federal spending. Many tout that this spending is putting our country at risk, killing jobs, businesses and the future of American children. Even some from the left are complaining about the spending.
However, belief is not a fact, to put the record straight, here are the facts!

• Federal Spending (even with the Obama stimulus) has risen at the slowest pace since Eisenhower was president.
• The first year of the Obama presidency was plagued with Bush's Budget, the first year of every presidency is saddled with the previous administrations budget.
• By no means did Obama try to reverse that spending. His budget proposals called for even more spending in subsequent years. However, Congress (mostly Republicans but many Democrats, too) stopped him. Had Obama had been a king who could impose his will, perhaps what the Republicans are saying about an Obama spending binge would be accurate."

Employment has increased since Bush left office

From: Zfacts.com
Thanks to the jobs stimulus plan, and the auto industry bailout (both opposed by the GOP) We are starting to regain Jobs.

The Loss of the AAA Credit Rating is Due to the GOP, and Bush Presidency.

From:  Zfacts.com and Reuters.com

The GOP led standoff over whether to continue to fund it while maintaining the Bush tax cuts, subsidies to the oil industry, and without enacting massive social program budget reductions. Thanks in large part to the two wars started by Bush, and the simultaneous tax cuts that increased our deficit, Standard and Poor's downgraded our credit rating. Nothing Obama did led to this. Nothing.

The current budget deficit's greatest contributors are the Bush tax-cuts

From: cbpp.org

The GOP wants to continue the biggest contributor to the deficit, the Bush Tax cuts, the economic downturn, and the ongoing wars in Iraq and Afghanistan (the Iraq war being completely based upon lies)

Take a look at the chart to the right, you can see that the two biggest contributors to our deficit are the wars and the bush tax cuts. Facts don't lie, but the GOP is intent to.

Next to the Wars and Bush tax cuts, the Economic downturn comes in third, those three account for the majority of the US deficit.

Romney just loves the Donald. WHY???

Well Donald loves to knock Obama. Donald Trump is a birther conspirator. He is under the impression that Obama is not born in America

“That’s the way life works… He didn’t know he was running for president, so he told the truth. The literary agent wrote down what he said… He said he was born in Kenya and raised in Indonesia… Now they’re saying it was a mistake. Just like his Kenyan grandmother said he was born in Kenya, and she pointed down the road to the hospital, and after people started screaming at her she said, ‘Oh, I mean Hawaii.’ Give me a break.”

- Donald Trump

Hey Donald! Gone Bankrupt Lately? I think the count is 4 so far....
ABC News





End “job-killing” regulations

Romney says he’ll get rid of regulations that stifle job creation, but only one candidate has a record of ending burdensome regulations and helping create jobs, President Obama.

President Obama initiated an overhaul to roll back more than 500 regulatory reforms from 26 agencies and approved fewer regulations through his first three years than President Bush did.

Under President Obama, the private sector has added over 4.2 million private sector jobs in the last 26 months.

Under Romney, Massachusetts was 47th out of 50 in job creation.