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As I recall Obama inherited the Great Recession(The worse recession in eighty years) which began during the previous administration. Also have you forgotten the two wars Obama inherited which were being fought with borrowed money?
"Mr.Soul"
I suggest you repeat the course in Economics 101. The president does not set U. S. monetary policy, that is the domain of the Federal Reserve. And, at present a Republican who was appointed by a Republican president is Chairman of the Federal Reserve.
We don't have troops in Iraq! The final troops were withdrawn from Iraq in December 2011. You can easily verify this by doing a little research on the internet.
In 1981 the top federal marginal tax rate on income was 70%, today it is 39.6%.
Federal tax revenues exceeded 20 percent of the gross domestic product in 2000. Under the Obama administration they have not exceeded 15.8 percent a year.
It will take both revenue increases and spending cuts to get us out of the hole...more
In 1981 the top federal marginal tax rate on income was 70%, today it is 39.6%.
Federal tax revenues exceeded 20 percent of the gross domestic product in 2000. Under the Obama administration they have not exceeded 15.8 percent a year.
It will take both revenue increases and spending cuts to get us out of the hole...more
We had about 5.7 trillion dollars of national debt when Bush/Cheney took office in January 2009. Bush/Cheney went on a spending spree the like of which had not been seen since World War II. We had the Iraq War. This war and all the costs associated with it will have cost us at least 2 trillion dollars by the time it is...more
The secessionists will have ZERO impact! Frankly, the secessionists are a tiny minority of the silly and the foolish, 122 million Americans just voted in the general election that is what counts. This will be a news item for about ten days or so, then the notoriety will be over, you will very rarely hear of it again an...more