25 Reasons Why We are Better Off Today than Four Years Ago

[TexasGranny]

Number of the Week: Half of U.S. Lives in Household Getting Benefits

49.1%: Percent of the population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011.

Cutting government spending is no easy task, and it’s made more complicated by recent Census Bureau data showing that nearly half of the people in the

U.S. live in a household that receives at least one government benefit, and many likely received more than one.

You can read the rest of the article at the link below.

Wall Street Journal

[Dreaminof dinar]

Who's butt is this guy trying to blow smoke up!?

GO RV!

[DiveDeepSix]

Number of the Week: Half of U.S. Lives in Household Getting Benefits

49.1%: Percent of the population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011.

Cutting government spending is no easy task, and it’s made more complicated by recent Census Bureau data showing that nearly half of the people in the

U.S. live in a household that receives at least one government benefit, and many likely received more than one.

You can read the rest of the article at the link below.

Wall Street Journal

Thanks for the post TG, it really is a pretty SIMPLE thing if one chooses to keep it SIMPLE. I wouldn't waste your time though my friend the liberal mindset will not allow any facts to sway their delusional opinions that the annointed one has done nothing but great deeds since he took office.

[sandstorm]

Obama is so bad he made bush and cheney look good

[simple]

Number of the Week: Half of U.S. Lives in Household Getting Benefits

49.1%: Percent of the population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011.

Cutting government spending is no easy task, and it’s made more complicated by recent Census Bureau data showing that nearly half of the people in the

U.S. live in a household that receives at least one government benefit, and many likely received more than one.

You can read the rest of the article at the link below.

Wall Street Journal

Thanks Granny.... you've made the case perfectly. The WSJ article also reads .... The increase in recent years is likely due in large part to the lingering effects of the recession. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits.

What will be interesting to know is the numbers since early 2011.

Edited September 4, 2012 by simple

[NevadaSam]

Yes, Obama should be proud, I was laid off in Feb,2009.....and still can not find a job. At the rate of pay I was making, I lost $170,000 in income over the last four years. I have never been out of work this long. All thanks to Obama's policies

[Butifldrm]

Carrello, Girl you know I love ya, but you should have posted this earlier yesterday when the + - wasn't working.

[simple]

Thanks Granny.... you've made the case perfectly. The WSJ article also reads .... The increase in recent years is likely due in large part to the lingering effects of the recession. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits.

What will be interesting to know is the numbers since early 2011.

Late-2000s recession; Dec 2007 – June 2009; Length of Recession 1 year 6 months; Unemployment Peaked 10.0% (October 2009); GDP −5.1%

Charactertistics:

The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.

http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

Edited September 4, 2012 by simple

[sportfisher]

Who's butt is this guy trying to blow smoke up!?

GO RV!

which guy, Carrello or Obama ?

:lol: :lol: :lol:

Edited September 4, 2012 by sportfisher

[DinarMillionaire]

Late-2000s recession; Dec 2007 – June 2009; Length of Recession 1 year 6 months; Unemployment Peaked 10.0% (October 2009); GDP −5.1%

Charactertistics:

The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.

http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

This clip shows how clueless Nancy Pelosi, Barney Frank, and the Democrats are when it comes to who is responsible for Freddie Mac, Fannie Mae, and the current credit crisis.

[grand pubah]

Did you receive your stimulus package yet?

Just wanted to let you know - today I received my 2012 Social Security Stimulus Package:

It contained 2 tomato seeds, cornbread mix, a prayer rug, a machine to blow smoke up my @$, 2 discount coupons to KFC, an "Obama Hope & Change" bumper sticker, and a "Blame it on Bush" poster for the front yard.

The directions were in Spanish.

Now tell me this administration's policies aren't working!

GP just living the dream

[simple]

This clip shows how clueless Nancy Pelosi, Barney Frank, and the Democrats are when it comes to who is responsible for Freddie Mac, Fannie Mae, and the current credit crisis.

You acknowledge the recession. BTW: Omitted Gingrich as an advisor, Congress and I suppose you should include the President.

The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.

Read more:

[tommy17]

The value of my home has dropped 60% in value since obama took office:angry: The last year bush was president i paid 1.80 a gallion during labor day at the pump. Now it's 3.90 at the pump ,with a president who promised he was going to stop speculation on the rising costs of oil. . I having to pay alot more out of my pocket this year for college tuition. I've had two family members lose their homes when they lost their jobs due to economy. Change sucks.... I'am a independant and i'am not happy whats happening

[Sue23]

Come on folks, whats going on with you all??

I know satire when I see it! I always have loved SATIRE!

Okay so I am a STRANGE person, oh well!

[George2351]

You got to be kidding us, right?

[grand pubah]

Sorry to say there has been a late breaking update on the social security stimulus package.

Unfortunately the stimulus package is being sent via US postal system which is being run by the US Government, so there are no guarantees that you will ever receive your stimulus package or that the Post Office won't be bankrupt before you receive your package.

Also on another note due to budgetary cutbacks the prayer rug will be made in China; there will be a cut back of allowance of the tomato seeds and you will only receive a voucher for 1 seed; the cornbread mix will be excluded; and the 2 coupons to KFC will be out of date. But hey on the bright side, I hear they are making sure that everyone gets the brand new smoke machine!

GP hoping for that new smoke machine

[simple]

Sorry to say there has been a late breaking update on the social security stimulus package.

Unfortunately the stimulus package is being sent via US postal system which is being run by the US Government, so there are no guarantees that you will ever receive your stimulus package or that the Post Office won't be bankrupt before you receive your package.

Also on another note due to budgetary cutbacks the prayer rug will be made in China; there will be a cut back of allowance of the tomato seeds and you will only receive a voucher for 1 seed; the cornbread mix will be excluded; and the 2 coupons to KFC will be out of date. But hey on the bright side, I hear they are making sure that everyone gets the brand new smoke machine!

GP hoping for that new smoke machine

Satirical night.

[tommy17]

You acknowledge the recession. BTW: Omitted Gingrich as an advisor, Congress and I suppose you should include the President.

The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.

Read more:

You mean the "barney frank and charlie dodd bill" that was passed the last year clinton was in office, that forced all banks to give risky loans to low income people. Their is a u-tube video showing bush administration asking the senate commitee to look at the financial banking market. They where seeing a troubling trend in the U.S housing market...... The senate commitee refused. I got news for you G.M and chrysler where both losing money ,long before the banking crisis hit. Which after the government used tax payers dollars bailing them out ,chrylser was sold just 8 months ago to fiat at a loss of 2 billion dollars, with the U.S taxpayers on the hook again....... I won't even get into the china and G.M merger... As far as the stimulus there is not one job that was created that is active today. We sure got are money worth there. The national bureau of research is full of ****. gas is up 100%percent.... inflation is up ...... Almost 4 million more people on welfare.. We are 1.5 billion dollars in debt daily on interest ,because of are unpaid deficeit......... Record unemployment still hovering around 9 percent. ......A president who refused to sign a oil pipeline deal with canada that would have benefited any oil shortages ,plus would have put tens of thousand of people to work in this country building it. Who awarded foriegn oil companies billions of dollars in south america (owned by george soros) that will never benefit the U.S.A. Or the 2 billion he gave to the muslim brotherhood in egypt a month ago........ Who by the way hate are guts......All this while we have never seen a budget made public in the last 3 (first time ever)years showing what the government is spending what on.................. Where is obama's Transparency he promised under his adminastration? The sad thing is i got alot more

[grand pubah]

You mean the "barney frank and charlie dodd bill" that was passed the last year clinton was in office, that forced all banks to give risky loans to low income people. Their is a u-tube video showing bush administration asking the senate commitee to look at the financial banking market. They where seeing a troubling trend in the U.S housing market...... The senate commitee refused. I got news for you G.M and chrysler where both losing money ,long before the banking crisis hit. Which after the government used tax payers dollars bailing them out ,chrylser was sold just 8 months ago to fiat at a loss of 2 billion dollars, with the U.S taxpayers on the hook again....... I won't even get into the china and G.M merger... As far as the stimulus there is not one job that was created that is active today. We sure got are money worth there. The national bureau of research is full of ****. gas is up 100%percent.... inflation is up ...... Almost 4 million more people on welfare.. We are 1.5 billion dollars in debt daily on interest ,because of are unpaid deficeit......... Record unemployment still hovering around 9 percent. ......A president who refused to sign a oil pipeline deal with canada that would have benefited any oil shortages ,plus would have put tens of thousand of people to work in this country building it. Who awarded foriegn oil companies billions of dollars in south america (owned by george soros) that will never benefit the U.S.A. Or the 2 billion he gave to the muslim brotherhood in egypt a month ago........ Who by the way hate are guts......All this while we have never seen a budget made public in the last 3 (first time ever)years showing what the government is spending what on.................. Where is obama's Transparency he promised under his adminastration? The sad thing is i got alot more

Tommy you obviously haven't received your smoke blowing machine yet. I hear everything starts to make sense once you receive it.

Be patient my friend.

GP

Satirical night.

Simple, I like you bro.

We don't agree on policy but you maintain some professionalism in your posts and I haven't seen you lower yourself to name calling yet.

I know you are outnumbered here but thanks for offering opposing views, it sharpens our edge and helps people not to just accept political talking points as proof or facts.

So though we fundamentally disagree on politics and points of view I like you.

Be blessed

GP

[simple]

Tommy you obviously haven't received your smoke blowing machine yet. I hear everything starts to make sense once you receive it.

Be patient my friend.

GP

Simple, I like you bro.

We don't agree on policy but you maintain some professionalism in your posts and I haven't seen you lower yourself to name calling yet.

I know you are outnumbered here but thanks for offering opposing views, it sharpens our edge and helps people not to just accept political talking points as proof or facts.

So though we fundamentally disagree on politics and points of view I like you.

Be blessed

GP

Thanks GP! Same here!

[stonewall67]

Carrello again, hitting all cylinders with facts that can't be disputed!

Extraordinary post!

Extraordinarily weak commentary from your readers.

This is about comprehending success.

Each so called fact can most assuredly be disputed.... Hey dems.... OBAMA DID NOT KILL BIN LADEN!! GM is on the verge of another meltdown. They still owe taxpayers millions and the only reason they have moderate numbers is because the government has been replacing the fleet of cars with GM products.... Once again getting a tax payer bailout. Then there's obama's ability to claim success from failure I.e. healthcare.... CBO says its unfundable past 2023 and still leaves 23 million un or under insured. Heck, he claimed he ramped up oil production when in fact PRIVATE INDUSTRY ramped up oil production on privately owned lands. He in fact shut down all federal lands to any new exploration...... Carrillo may have hit on all cylinders but she's driving a turbo yugo with a spoiler kit!

[grand pubah]

Each so called fact can most assuredly be disputed.... Hey dems.... OBAMA DID NOT KILL BIN LADEN!! GM is on the verge of another meltdown. They still owe taxpayers millions and the only reason they have moderate numbers is because the government has been replacing the fleet of cars with GM products.... Once again getting a tax payer bailout. Then there's obama's ability to claim success from failure I.e. healthcare.... CBO says its unfundable past 2023 and still leaves 23 million un or under insured. Heck, he claimed he ramped up oil production when in fact PRIVATE INDUSTRY ramped up oil production on privately owned lands. He in fact shut down all federal lands to any new exploration...... Carrillo may have hit on all cylinders but she's driving a turbo yugo with a spoiler kit!

oh no, NOT A YUGO WITH A SPOILER KIT!!!!! (my favorite car of all time!!)

but does it have a racing stripe?

[stonewall67]

oh no, NOT A YUGO WITH A SPOILER KIT!!!!! (my favorite car of all time!!)

but does it have a racing stripe?

Well of course it does.... It's got a yellow stripe right down its back just like POTUS

[DinarMillionaire]

You acknowledge the recession. BTW: Omitted Gingrich as an advisor, Congress and I suppose you should include the President.

The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.

Read more:

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis -- starting in 2002 (and actually even earlier -- in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn't afford them -- just like you would expect of socialists.

[simple]

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis -- starting in 2002 (and actually even earlier -- in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn't afford them -- just like you would expect of socialists.

2002 - 2008, under Bush’s watch and as Republicans controlled the House 1997 to 2005.

In March 2007, a bill was forge to regulate Fannie Mae and Freddie Mac. The bill passed the House in May, with all 223 Democrats voting for it, and 103 Republicans voting against it. President Bush later signed that legislation into law.

Later in 2007, legislation was introduced to restrict (regulations) subprime mortgages. The bill passed the Financial Services Committee and the House, but it did not pass the Senate, where because of the filibuster rule, the Republican minority actually does have the power to hobble the majority. The bill passed the full House with all 227 Democrats and 64 Republicans voting for it, and 127 Republicans voting against.

The House, unlike the Senate is ruled by simple majority. Delay controlled the agenda and Bush 43 was in the White House. Frank could have set himself on fire and still had absolutely zero effect on any Republican attempts to legislate new regulations or create regulatory reform.

This is all under the conversation of the characteristics of the late 2000's recession. It was clearly the fault of both parties. I think the main point is the president had a heavy burden to recover from a recession.