Really, you guys need to get your stories straight before gloating about the 3rd quater GDP report. Back in 2003 to 2007, when GDP was growing at 3% every quarter, it was "Bush's jobless recovery", even though tens of thousands of jobs were being added each month and unemployment was averaging around 5%. The deficit went down by nearly half during this period, from $580 billion, to a paltry $250 billion.

Unemployment has risen almost 3% on Obamas watch, and the $800 billion "stimulus" package has been throughly discredited and exposed as a fraudulent piece of pork. The most massive hog in the history of American fiscal policy. The deficit explosion it has created will be Obamas and the left leaning media's "Mission Accomplished" banner. The Fed is in a corner now...either they raise interest rates and kill the credit markets that are already grievously wounded, or the leave them at near zero and saddle Americans with inflationary pressures unheard of since the 1970s.

However, Obama can be proud of one thing. He's played more rounds of golf than any Prez in history. Oh, and he may decide something about Afghanistan sometime. Can't rush these things.

Nope, nope, nothing happened. I was just testing to see if that phrase was as meaningless in the real world as "Hope and Change!" and "Yes we can!" and though I look around I fail to see where liberal wishful thinking has healed the economy, gotten us out of debt, increased jobs, or even made Obama aware of where in the world Afghanistan is located.

Liberal wishful thinking. It's got to be useful for something. I wonder if it makes the bread served in bread lines tastier? That could come in real handy.

What do ya think of this in Crown English?

PVT Bankers RED LINING AMERICA with Law partners IOLTA Escrow Interest Stolen in 50 states to unnamed court ordered self dealing causes?

hmmm

as POTUS to end Black Panthers 103 chapters ACS Great Society runs to Liberia then back into 1964 ACS dissolution for the Great Texan Society splits using an Actor hired by the Gerry Bush clans Then hincley puts Actor Reagan out to pasture for RTC busts i? Then part two in left Rights Congress-Senate RED Line America splits?

baa hum bugs is the Democratic Republican party joint ventures down the engine engine number 9 running down the Chicago line

hmm

Reagan was wright----fore his VP meddled in Hinckley clan Colorado Energy Business.

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"Build It and he will come"

It’ll work (not really). The reality is the market works far differently than either the 3-Q GDP or other indicators including unemployment which is always a terribly lagging indicator. Good news—the fundamentals are recovering. Bad news—it won’t effect employment stats for some time. Were the ’10 election the ’12 election this would help you. As it stands, given statistical reality and the cyclical nature of the market… not so much. Sorry. Sarge… there’s a reason those NCOs on the ground (whom I have immense respect for) don’t get to make all tactical and strategic decisions. The markets have a different driver. Guess how that works (hint—it relies on bonus incentives and equities reporting while ignoring debt swaps and fixed income)

TARP was a bill Bush signed into law and there has been very little bang from that huge expenditure. The stimulus, on the other hand, is being credited with either saving or creating 650,000 jobs. When Obama came into office the CBO deficit estimate for FY 2009 was $1.85 trillion. The actual FY 2009 deficit was $1.4 trillion. That is a $450 billion improvement over 8 months. The deficit explosion you talk about was a direct result of Bush's fiscal policies, including TARP. While we are at it, let's not forget about the unfunded cost of war that is estimated at $1 trillion. Your "paltry" rounded down $250 billion did not include the off-book cost of the wars for that year. You are right on only one point and that is there are inflationary prussures building but they are not likely to occur for several more months. That is why fiscal and monetary policy need to be coordinated. Something Greenspan didn't understand and something Bernanke has been slow to understand. Somewhere around Christmas Bernanke will need to start rate hikes. Keep in mind too that the Bush tax cuts for the very wealthy are set to expire and that will help Bernanke with interest rates.