I wasn’t aware that Muslims celebrated Christmas.

We weren’t in the worst recession since the great Depression, we weren’t 16 trillion in debt, and unemployment wasn’t 8% when GB decorated close to 50 Christmas trees.

Who ever said I was a Christian GT?
The standing # of Christmas trees in the White house now is 53.
He’s really leading the American population, isn’t he?

Unemployment rate when Bush left office in January 2009: 7.8 %. Unemployment rate currently under Mr. Obama: 7.8 %.

In 2001, the national debt Bush inherited was around $5.7T, give or take. Some of that debt in 2001 has to be attributed to Clinton, just as some of the debt in 2009 when Obama took office must be attributed to Bush. When W. left office in 2009, the debt was nearly $11T. That’s an increase of 89 percent.

Under Obama, the debt has increased from about $11T to about $15T, or an increase of about 40 percent. Also, the economy has grown, after it retracted during the lesser Depression, and it will continue to grow.

And what’s behind that increase? Two unfunded wars, historically low taxes, thanks to the Bush tax cuts of 2001 and 2003 and historically low revenues due to the worst financial crash since the 1930s. All part of the aftermath of Mr. Obama’s predecessor. Yes, Mr. Obama has added to the national debt, due to the spending made necessary to attempt to fix the disaster of the previous White House occupant. One of the biggest differences between the two fiscally is the black guy has already cut future spending by $1.5 trillion over the next decade and is trying to raise taxes to help reduce the national debt.

Considering my generation is still paying off WWII, debt is something that gets passed along from citizen to citizen. As do obligations. Like paying retired police officer pensions and teacher salaries and health plans and pensions.

HEre is a more lucrative estimate on the deficit, along with what the White House occupier in chief inherited

http://www.washingtontimes.com/news/2012/dec/4/hurt-washingtons-financial-miscreants-sucker-us/

“When Mr. Obama took office, the debt was $10.6 trillion. Today, after he dismissed his Fiscal Responsibility Summit findings with barely a grunt and apparently hosted nightly cash bonfires in the Rose Garden, our debt surpasses $16 trillion.

Energy prices move with the economy….the higher they are, the better the economy.
When people aren’t working, they cannot afford petroleum products, which makes inventories rise. This, in turn, makes the price drop

Supply and demand

OK, I understand now.

Factors like supply variations, speculators claiming that the sky is falling in Africa, summer, winter, people buying more efficient vehicles, appliances, and lighting, and people cutting back on driving and household energy use because prices are so high are only relevant when a Republican occupies the White House.

Seriously, even if that argument tying a transient blip in energy prices to long-term economic direction held any water, the tiny percentage of energy price decline is so within the margins of variation introduced by all of those other variables that to cite it as proof of anything macroeconomic is silly.

But whatever it takes to keep the politics of destruction going. For that, Rupert Murdoch has a blank check just for you..