Thursday, January 22, 2015

Lower deficit and State of the Union

Obama took credit in the SOTU for the lower deficit, but it was the spending cuts demanded by the House Republicans and the 16 day shutdown that did that.  He also can't take any credit for increased fuel production which is making us an exporter and safer from dependency on the middle east, Africa and South American sources.  It was fracking that turned that around, lowered gas prices, and put money in the wallets of Americans. He has dragged his feet everywhere he could to satisfy his base on energy. And it's not air quality or climate change--they don't want the U.S. to be strong.

6 comments:

Anonymous said...

Can he take credit for killing Osama Bin Laden?? Can he take credit for the increased number of jobs and recovery of housing and stock markets?? Can he take credit for no terrorist attacks in this country since 2001?? Can he take credit for ending 2 wars and bringing our troops home? Can he take credit for increase in morale of the people of this country??

Norma said...

I give him no credit for Bin Laden. No credit for the paltry job growth which is high in part time and low in quality. Housing is very gradual, and stock market is primarily the fed. The security is a big problem with our porous border. No credit for the wars "ending," which plans were laid well before, and he did a poor job of securing our allies in the wars. Even if you were completely against the wars, Jim, you should want the blood and dollars not wasted in the really poor withdrawal. I haven't seen an increase in morale. But the unemployment numbers are finally getting into the Bush range, and the cost of gasoline is down due to fracking which he opposed. Memories are very short--he will get the credit for all you mention.

Norma said...

"His ideology compels him to believe that his policies are working even when they’re not, because even objective evidence demonstrating otherwise doesn’t seem to register with him. And narcissism surely accounts for his navel-gazing tunnel vision that fools him into believing he’s a bipartisan conciliator.
For him to hold himself out as a uniter and effusively praise himself for his economic and foreign policy record is surreal." David Limbaugh

Anonymous said...

The objective evidence is a stock market at an all time high, you say caused by the Feds, I say interest rates are one part of it, so is corporate earnings, price of oil, inflation rate, consumer confidence, and a bunch more. But you say the fed, I guess the interest rates. Then tell me why it took such a dump in 2008?? Consumer confidence at an 11 year high.... the usual study by The University of MIchigan. Our borders would be less porous if congress appropriated the money requested to fix them up. Bush did not push finding Bin Laden, Obama got the ladies who found him ultimately, back at the job. And David LImbaugh,,,,lol.... seriously, who's zat? Does he even have a degree?? lol Rush's brother,, haha

Norma said...

Ho,ho, ho--look at your name, "anonymous," if you laugh at David Limbaugh.

Anonymous said...

And on the point of lower oil prices, fracking does have a part of it, but the major reason for the recent lower oil prices is that OPEC could not come to an agreement at their last meeting to keep oil prices high. The king of the Sauds wants to screw Iran, so he lowered the price per barrel. And it then makes it difficult for the frackers and Venezuela because they need $50 per barrel to break even/make money. Next thing you know we taxpayers will be picking up the tab for a crashing fracking industry. For now, the working people of this country are getting a huge break on gas prices. And that contributes to the increased consumer confidence.