US economy. Q: Whats Michelle Obamas favorite vegetable? A: Barackoli. Murica
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US economy

Q: Whats Michelle Obamas favorite vegetable?

A: Barackoli

Tags: Murica
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[ 141 comments ]

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User avatar #18 - actinglead ONLINE (06/22/2013) [+] (17 replies)
To correct every post bellow
Bush did not cause the debt we are in. And Obama is not helping it.
They have no power over the economy what so ever. They can pitch ideas though.
Congress are the people who controls the economy. Don't bitch about the president, bitch about congress
Source: You need to login to view this link youtube. com/watch?v=KIbkoop4AYE
#4 - miscarriage ONLINE (06/21/2013) [+] (11 replies)
This image has expired
I only thumbed for the description

imo Obama hasn't done **** for the economy.
#47 - nachtowl ONLINE (06/22/2013) [+] (1 reply)
mfw the public believes voting in a new political leader changes jack **** overnight & then they get mad about it 1 week later when the prices at the local supermarket haven't declined.
User avatar #75 - infinitereaper (06/22/2013) [+] (1 reply)
I think Obama is the guy who tried to steer then fell off and the guy who got on is the guy who's going to do such a fantastic job he's going to get assassinated.
#21 - fuzionsauce ONLINE (06/22/2013) [+] (1 reply)
politics on funnyjunk
politics on funnyjunk
#88 - facepalmftw (06/22/2013) [-]
Meh, 2/10. Inaccurate and unfunny.
User avatar #41 - makedonski (06/22/2013) [-]
I assume that when another president is elected, the gif will be extended?
#13 - fukyu (06/22/2013) [+] (7 replies)
bush may have ****** up some, but he didn't triple the national debt in under a year his first term, obama on the other hand did, and has continued to **** up the national debt since then. he gave us hope and change alright, he changed our debt into one that will never be able to be payed half way off let alone all the way, and he makes us hope that his entire cabinet including himself resigns so we can get a competent president in office before the country falls into complete disarray or worse yet a civil war(yes i do believe we are on the verge, not saying we should or shouldn't have one just saying its right around the corner with the way this clown is ******* things up)
User avatar #36 - metallicamyach (06/22/2013) [+] (3 replies)
So you are saying the US economy was going fast with no sighs of slowing down till Obama came and stopped it? Sounds accurate
User avatar #24 - edemylove **User deleted account** (06/22/2013) [+] (8 replies)
**** your ******* face america you ******** country.

Why do I have to fucming know what's going in your retarded country, you're not in the center of the worlds fags.
#58 to #24 - ronyx ONLINE (06/22/2013) [-]
k.
#17 - jakatackka (06/22/2013) [+] (3 replies)
Lots of political, anti-Obama posts below. I'll try to even the tide a bit.

Basically, Obama never set out to fix the economy in one term (or two). Most people don't realize how severely the economy was crashing. Our economy was shrinking by 6% every month. He bailed out the banks not because that would instantly fix the economy, but to stop the freefall; most economists considered this the proper course of action, and it worked. He later bailed out the failing auto industries; this wasn't strictly necessary (Ford pulled through without a bailout) but it saved tens of thousands of jobs and hundreds of billions of dollars in economic output. He's also more than halved the deficit. We were in a severe recession, and the fact that we're slowly improving today is a testament to the fact that yes, Obama did do something to the economy.

Nearly every economist agrees that the bailouts were a good idea, and without them the economy would've crashed much harder. So yes, Obama did do something. Arguing otherwise is just like people arguing against scientists that evolution isn't real - they're the ******* experts, they know what they're talking about.
User avatar #27 to #17 - durkadurka ONLINE (06/22/2013) [-]
Halved the deficit? Where on Earth are you getting those numbers?
You need to login to view this link
www.usdebtclock.org/index.html

I wouldn't take the word of economists as gospel: Many missed the whole housing market crash in the first place.

In fact the bailouts may have done a larger disservice: The recovery wasn't a recovery as much as it was the end to a freefall. And now we're stuck at the "new normal": Higher unemployment, more people on wellfare, less hours being worked, and higher healthcare costs.

And it only cost us billion of dollars we didn't have! What a great deal! We may have been spared some short term misery, but it ignores the long game. Keynesian economics has not worked.
#116 - luiselvergas (06/22/2013) [-]
>Obama
>improving the economy
U WOT M8?
#110 - EventHorizon (06/22/2013) [+] (6 replies)
Alright ladies and gentlemen, here's the facts:   
   
When Congress passes Bill 123, which calls for $10,000,000 in funding, they walk from Capitol Hill right down the street to the US Treasury Dept. building. The Treasury says "Sorry, we've already spent the tax revenue!", but that's no problem because right across the street is the Federal Reserve building. So they walk on over and ask for $10,000,000.    
   
The Chairman of the Federal Reserve then whips out a magical checkbook. This checkbook is magical because it's connected to a bank account that doesn't exist. These checks are filled and handed out with money literally conjured out of thin air; it's a checkbook without a checking account. The Chief Congressional Acquisitions Officer (who has the happy task of running around Washington trying to pay for this bill) then takes this $10,000,000 check back across the street to the Treasury Dept who then prints out $10,000,000 in currency. This money is then spent (very quickly) and it floods the US economy, compounding the already runaway inflation.    
   
Now picture this; you need to get a mortgage for you and your bride's new house (how nice). So you run down to the bank to get a loan! Now the bank doesn't just have the liquid asset lying around to cover this, because they are simply the servicer of the loan; they don't give you the money, they simply facilitate the transaction between you and the actual source of the money (keep in mind that this is the documented, official way that the Federal Reserve system works to the T).   
   
This source of money is one of three institutions:   
    
- Fannie Mae (FNMA - Federal National Mortgage Association)   
- Freddie Mac (FHLMC - Federal Home Loan Mortgage Corporation)   
- Ginnie Mae (GNMA - Government National Mortgage Association)   
   
The "Federal" of which are Federal Reserve fed institutions. The bank gets you the house based on the loan agreement, and you begin the 30 year process of paying $1,000,000+ net for a $300,000,000 house.
Alright ladies and gentlemen, here's the facts:

When Congress passes Bill 123, which calls for $10,000,000 in funding, they walk from Capitol Hill right down the street to the US Treasury Dept. building. The Treasury says "Sorry, we've already spent the tax revenue!", but that's no problem because right across the street is the Federal Reserve building. So they walk on over and ask for $10,000,000.

The Chairman of the Federal Reserve then whips out a magical checkbook. This checkbook is magical because it's connected to a bank account that doesn't exist. These checks are filled and handed out with money literally conjured out of thin air; it's a checkbook without a checking account. The Chief Congressional Acquisitions Officer (who has the happy task of running around Washington trying to pay for this bill) then takes this $10,000,000 check back across the street to the Treasury Dept who then prints out $10,000,000 in currency. This money is then spent (very quickly) and it floods the US economy, compounding the already runaway inflation.

Now picture this; you need to get a mortgage for you and your bride's new house (how nice). So you run down to the bank to get a loan! Now the bank doesn't just have the liquid asset lying around to cover this, because they are simply the servicer of the loan; they don't give you the money, they simply facilitate the transaction between you and the actual source of the money (keep in mind that this is the documented, official way that the Federal Reserve system works to the T).

This source of money is one of three institutions:

- Fannie Mae (FNMA - Federal National Mortgage Association)
- Freddie Mac (FHLMC - Federal Home Loan Mortgage Corporation)
- Ginnie Mae (GNMA - Government National Mortgage Association)

The "Federal" of which are Federal Reserve fed institutions. The bank gets you the house based on the loan agreement, and you begin the 30 year process of paying $1,000,000+ net for a $300,000,000 house.

User avatar #63 - Gamby (06/22/2013) [+] (18 replies)
I want to call ******** on this in the name of a discussion, not a debate. From what I understand the economy problem was not due to the Bush DJ 4DM1Nistrations policies, but simply due to the lack there of (In a sense blame all past presidents.). The financial crisis was established by your unregulated bankers and your dumbass fellow Americans that wanted to have a huge boat on a McDonalds budget. In actually OP is a faggot because Bush actually warned of the Economic woes in 2003 and even started GSE bills to regulate the poorly regulated financial district. So no, Obama is not a hero, and Bush is not an economic bus driver.
User avatar #39 - vanoreo (06/22/2013) [-]
If Klara Hitler had an abortion, who would kill Hitler?
User avatar #2 - superpats (06/21/2013) [+] (3 replies)
ha. this is the most inaccurate post i've ever seen. Bush ****** up. but Obama hasn't fixed anything.
User avatar #114 - LocoJoe (06/22/2013) [-]
>Implying Obama isn't Bush 2 electric boogaloo
User avatar #46 - ProWig ONLINE (06/22/2013) [+] (3 replies)
A lot of people just don't get it, there is no one president that can fix the economy in 8 years. Yeah i know it sound funny but all obama can do is slow down the decent, then the next president does the same. then the next brings us to about even and the next brings us up. i mean how is one man going to make 1 trillion dollars in 8 years
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