President Obama Re-Elected - Page 1373

On November 07 2012 21:52 DwD wrote:
Great news to wake up too, and apparently he won quite convincing. Faith in america somewhat restored

On November 07 2012 22:09 Monsen wrote:


That, and avoiding a president from an anti science, anti intellectual, faith over reason base of evangelical lunatics.
(You know, the ones that have taken over the republican party in the last decade+ and are now getting the tinfoil hats out, because President Satan Mc Blacky will not only ruin the economy but also come and take away their guns/bibles.)

Sorry, but the w/rest of the world is kinda big on basing decisions on Science and Reason and would like the "leader of the free world" to share those values. Thus the celebrating.
No offense to people wearing magic underwear of course, to each his own.

On November 07 2012 21:53 Poorlilrich wrote:


fair enough, i just dont understand the jubilation. obama defending re-election does not really equate to an economic turnaround, when so far he hasnt done much to dissuade the notion that the debt will continue to grow (i.e. top down government stimulus).

See Figure 1 and 2: https://www.cbo.gov/sites/default/files/cbofiles/attachments/03-16-APB1.pdf

Note that:
CBO Baseline = Hit fiscal cliff.
CBO Alternative = Avoid fiscal cliff

As you can see, Obama's budget stabilizes debt to GDP at around 80%, which is about the halfway point between avoiding the fiscal cliff and hitting the fiscal cliff.

People who accuse Obama of reckless spending need to answer questions of the following sort: Given that Obama inherited a $11.9 trillion debt in 2009, which is projected to be $16.4 trillion in 2012, what reckless spending did Obama embark on to increase the debt by $4.5 trillion over his term?

The stimulus? That's only $0.8 trillion, which is only 18% of that increase. Where did the other 82% of the increase come from?

Obamacare? The CBO says that will reduce, not increase the deficit, but even if you don't believe that, Obamacare doesn't come into effect until 2014, so it can't possibly be responsible for any of the increase.

So where's the increase in the debt coming from? What's Obama recklessly spending all that money on?

Maybe, just maybe, Obama didn't recklessly increase spending, and the increase in the debt mainly comes from the GFC and past policies such as the Bush tax cuts.

On November 07 2012 22:20 Denda Reloaded wrote:
i am not american but still i hoped obama to win.
there's not really a place for smallminded racism in the world so y.

On November 07 2012 22:17 mordek wrote:

Don't appreciate "evangelical lunatics". We're not all crazy. And no, I didn't vote for Romney.

On November 07 2012 22:28 Zenbrez wrote:

Some people on my facebook were saying they're really stressed and really hope Obama wins. I'm thinking.. you're Canadian.. it's well within your right to be interested and want someone to win, but STRESSED?

On November 07 2012 22:48 Mementoss wrote:
It makes me sad that most Canadians seem way more invested in this election than any of our own. Apparently like 75% of Canadians were down for a Obama re-election lol. Good on him, I hope he does the US proud.

On November 07 2012 22:37 Sermokala wrote:
I havn't seen anything like that before. That guy does nova on tv right?

Basicaly bush increased funding to sciences and clinton lowered funding to it. Bush had to play politics twords the issues that got him elected but he did end up supporting science more then the democrats.

On November 07 2012 22:13 Elairec wrote:



3 million votes (so far) difference is a landslide to people now?

On November 07 2012 22:51 nihlon wrote:

It think it's because when it comes to entertainment the American elections are hard to beat. The Swedish elections are a snoozefest in comparison.