Where is the US economy headed?

I was just curious, What are the three items in your grocery-cart that total $20.00?

I remember shopping in 1998 and I do not remember $20.00 feeling up the cart.

If inflation is "bad," is deflation "good?"
I would like to see an inflation rate of around 2 or 3% instead of the lower present rate.

Condoms, plan B morning after pills and a loaf of bread, what feels your cart?

Agreed, but once inflation kicks in under this administration it
will go much higher than expected - the lower rate is fine right now.

You sound like a slut who only eats wieners and bread.

You wrote,

Prove this statement? What's "much higher than expected?"

You have a crystal ball? LOL

OK Troll, all of Obama's policies have turned out to be not quite shovel ready... what
makes you think any economic strategy to head off inflation would be any different?

I prefer a salad and multi-grain bread, toasted.

Do you often find yourself filling up on wieners?

I never claimed I knew how Obama's economic strategy will head off inflation, but you seem to know better. I'm asking 'YOU' how you know?

The conservatives have been screaming about Obama's "inflation" that will harm our economy since he took office. Where is it?

Troll, don't start back peddling now, we all know that you love Obama despite his many harmful policies.

Are you now saying that you don't know about Obama's many failures and the damage he has caused to our economy?

Oh, I love Obama all right!~ My investment funds are up over 10% this year.
What that means to 'you' is that my paper increase is better than what 90% of the workers make - in today's world.

You are being intellectually dishonest with yourself if you think
your gains are a result of something wonderful Obama has done.

You did it on your own - you built it - you are a successful
individual in spite of Obama's idiotic actions and policies.

No, but presidents get the credit or blame for our economy. That's been true forever! Where do you live? What kind of education did you get?
Do you understand anything about US history?

Probably not!

Answer my damn question.


You're the troll who says things you can't back up. That's the definition of a troll; you!

Obama's policies are hurting Americans in all geographic locations no matter what their education level is.
History will look back and reflect upon the Obama years as the worst in American history.

You need to detail for us all of the wonderful things Obama has done for this countries economy and it's people.

I never made such a claim. Your trolling will get you nowhere.

You fit the definition of "troll."


You still failed to answer my question. What's the matter? Cat got your tongue? STAY ON TOPIC. LOL

Below is a list of things that President Barack Obama has done while in office as President of the United States
• Economy grew 2.6% in the first quarter of 2012 http://www.reddit.com/tb/scx09
• Brought us out of recession worse than last 3 recessions combined
• Got more Taliban leaders in 30 days than Bush/Cheney did in 6 years
http://www.dailykos.com/story/2010/02/19/838604/-GOOD-NEWS-Obama-has-caught-more-Taliban-Leaders-in-1-month-than-Bush-Cheney-did-in-6-years
• Auto Industry saved
• Got North Korea to stop enriching uranium
• Iraq war ended
• Bin Laden dead
• Nuclear weapons reduced by 1/3 in US & Russia
• Stock market more than doubles
• Stock market closes higher than since 2007
http://www.huffingtonpost.com/2012/05/01/dow-jones-industrial-average-4-year-high_n_1468746.html •Creamed Bush in turning around job loss – See GRAPH
• U.S Gross Domestic product went from steady decline to increasing every ¼ of the Obama Presidency See graph
• Ended Don’t Ask, Don’t Tell
• Settled Libya problem in 60 days with no American casualties or ground troops
• Insurance companies must cover pre-existing conditions
• Kids stay on their parent’s insurance until 26 under certain conditions
• Requires health plans to disclose how much of premium goes to patient care
• Prevents children from being denied health insurance coverage
• Cut prescription drug cost for medi-care recipients by 50%
• Requires large employers to contribute to a national healthcare plan
• Spending growth under Obama lower than that of both Bushes, Nixon, Carter & Reagan
• Came out against SOPA
• Temporally suspended taxes on Unemployment benefits
• Nixes Keystone Pipeline
• Jail population decline for first time in decades
• Wind power growth up 39%
• Instituted the toughest Wall Street reform since Great Depression
• Passed health reform: Others tried & failed over the last 60 years
• Insurance companies can no longer drop you when you get sick
• Stimulus Plan which brought us out of the brink of financial collapse
• $100 billion to embarrassing, crumbling infrastructure: Most since Eisenhower
• $60 billion to create renewable and clean energy
• Credit Card reform stopping the most abusive credit card practices
• Huge investment into science & technology
• Quadrupled the number of openly gay judges on the federal bench
• Amped budgets at NASA & National Science Foundation
• Expanded state run health insurance to cover additional four million kids
• Lilly Ledbetter Fair Pay Act – Equal pay for equal work
• Global initiative keeping nuclear material out of hands of terrorists
• Hate crimes prevention act (Matthew Shepard Act)
• FDA for first time allowed to regulate tobacco
• Eliminated scandal plagued Mineral Management Services
• Overhauled the astonishing stupidity of the student loan system
• Cancelled bloated weapons program including useless F-22
• Stopped Russia supplying $1 billion of high-tech missiles to Iran promised by Bush
• Tax cuts for small businesses
• $14 billion in federally funded loans to stimulate job creation
• Cut taxes for 95% of working families
• Passed 16 different tax cuts for American small business owners
• Fought GOP for Health benefits for 9/11 responders – He didn’t forget.
• Extended unemployment benefits
• Consumer spending increase
• Orders for durable goods increase
• Appointed first Latina to Supreme Court
• Ryan White AIDS Treatment Act
• Appointed more openly gay officials than any other president
• Expanded loan program for small businesses
• Increased funding for National Parks and Forests
• Led effort to phase out whaling
• Funding for high speed broadband internet access to students K-12
• $26 billion to states saving 160,000 teacher jobs among other things
• Helped rebuild schools in New Orleans
• Doubled research funds for cleaner fuel
• $2 billion to solar power
• Raised fuel economy standards
• Cash for clunkers
• Limited mercury emissions
• Eliminated oil company liability caps for oil spills
• Ordered BP to provide $20 billion liability fund for damages from spill
• Mandated new safety rules for offshore drilling
• World opinion of US improves significantly since Obama takes office
• Visited more countries in first year than any other president
• Return rights of Americans to visit and assist their families in Cuba
• Renewed loan guarantees to Israel
• Pledged $400 million in aid to Gaza civilians
• Pressured Israel to end Gaza blockade
• Authorized Clinton’s mission getting 2 prisoners released from Korea
• Nuclear arms agreement with India
• Agreement with Switzerland to bolster tax information exchange
• Cut salaries of senior White House officials
• Prevented congress from receiving cost of living pay raise
• Cancelled contracts for 28 White House helicopters saving $11.2 billion
• Return tax payer money for White House refurbishing
• Established a Patient’s Bill of Rights
• Expanded vaccinations program
• New homes sales see biggest jump in 47 years
• Extended benefit for same-sex partners of federal employees
• Same-sex partners assured visitation & healthcare decision rights
• $8 billion to establish smart power grid
• $13 billion for high-speed rail in 13 major US corridors
• Major expansion of AmeriCorps
• Committed US to almost 5 million charging station by 2015
• Expanding broadband internet
• Improved benefits for veterans
• New and improved hiring policy for veterans
• Donated Peace Prize award money
• Ended media blackout on war casualties
• Increased access to PTSD treatment for soldiers and veterans
• Reconstruction of military to reflect modern-day threats & technology
• Ended torture
• Recommitted the U.S. to full compliance to the Geneva Conventions
• Cut missile defense system by $1.4 billion
• Increased pay benefits to military personnel
• Began draw-down of war in Afghanistan
• Ordered Seal operation to free of US captain held by pirates
• Negotiated nuclear arms agreement with Australia, India, & Russia
• Increased Navy patrol of Somali coast
• Provided $210 Million for building and upgrading fire stations
• Emergency Aid to American Survivors of the Haiti Earthquake Act
• Ordered extensive review of hurricane & natural disaster preparedness
• Edward Kennedy Serve America Act: Expands national volunteer program
• Removed restrictions and provided support of embryonic stem cell research
• Manned missions to Mars & asteroids rather than just returning to moon
• Worked with international allies on International Space Station
• Used private sector to improve space flight
• Used Space Station for fundamental biological and physical research
• Established consumer tax credit for plug-in hybrid cars
• $60 billion in spending & tax incentives for renewable & clean energy
• For first time in 13 years America’s dependence on foreign oil below 50%
• Tax breaks to promote public transit
• Extended and indexed the 2007 Alternative Minimum Tax patch
• Income floor for medical expense deductions for individuals 65 & older
• Health insurance tax credits & subsidies for incomes to 4x poverty level
• Accelerated tax benefits for donations to Haiti earthquake relief
• Income tax rates for highest earners will change from 35% to 39.6%
• Capital gains tax for highest earners will change from 15% to 20%
• Tax increase for corporations with assets of at least $1 billion
• Closed offshore tax safe havens, tax credit loopholes
• Tax bills hit lowest level since 1950
• Tax refunds up 10 percent due to stimulus
• Imposed limits on lobbyists’ access to the White House
• Limits White House aides working for lobbyists after tenure in office
• Independent watchdogs call Obama’s record on ethic Unprecedented
• Closed lobbyist loopholes with respect to the Recovery Act
• Banned lobbyist gifts to executive employees
• DOD will film all interrogations
• White House voluntary disclosure policy
• $5,000 tax credit for every new worker hired
• Jobs for Main Street Act
• Under Obama American clean energy industry creates 2.7 million jobs & expanding rapidly
• Created more jobs in 2009 than Bush in his entire presidency
• CBO found 3.7 Million jobs created by stimulus (May 2010)
• 682,370 jobs created under Recovery Act Between Jan. & March, 2010
• National Export Initiative – designed to double US exports
• Federal deficit shrank 8% year-on-year
• Wall St reform designed to end taxpayer bailouts
• Gets 47 nations to agree to 4 years non-proliferation efforts
• Forced airlines to disclose prices upfront
• 25 Billion settlement against banking industry
• Opposes NC Gay Marriage Amendment
• Helped clean out weapons-usable uranium from 6 countries:
Mexico, Chile, Romania, Serbia, Libya, and Turkey
• Number of oil rigs in US oil fields has quadrupled in past three years
• US now has more rigs at work than the rest of the world put together
• First time since 1949 we now export more gas than we import
See about 600 more here:
http://www.reddit.com/r/whatobamahasdone
http://www.reddit.com/r/politics/comments/z6pw3/what_has_obama_done_here_are_200_accomplishments/
List via Reddit commenter: backpackwayne

What rate of inflation* would you consider to be either desirable or acceptable in today's economic environment? What rate would you consider to be excessive?
(* Can we use CPI-U?)

Obama has done many, many things that have harmed this country, its people and its economy.

Post a list of the 'wonderful' things he has done.