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If Obama Wins, He'll Inherit a Worse Economy Than the First Time Around
Rush Limbaugh.com ^ | September 28, 2012 | Rush Limbaugh

Posted on 09/28/2012 1:45:00 PM PDT by Kaslin

BEGIN TRANSCRIPT

RUSH: Tom in Atlantic City, New Jersey, you're first on Open Line Friday. Hi.

CALLER: (chuckling) That's funny. (silence)

RUSH: Tom, are you there?

CALLER: Yes, I am here.

RUSH: It's your turn, sir. You are on Open Line Friday. Hello.

CALLER: Hi. You're one of my heroes, and just to address one thing: I make a lot of observations, and I just hope the American people aren't as stupid as they're made out to be, 'cause everything that comes out of these people are lies. But on the issue of Obama couldn'ta done anything about this economy, am I right in thinking that when we were attacked on 9/11, they decimated our financial system and really put us back to zero at the starting gate? And Bush, he brought us back. In his four years, he brought the economy back and got us going forward.

RUSH: Well --

CALLER: So Obama saying again that he couldn't do anything about this means he's an empty suit and his absent on the job.

RUSH: No. It's that his policies will never work because he's a socialist. His policies won't work. That's why he can work as hard as anybody ever has, and as long as he implements his policies, it isn't gonna work. But I saw something the other day that I think Reagan inherited an actual, in certain statistical ways, worse economy than Obama did. And Reagan fixed it. Reagan inherited a much worse economy than Obama inherited from Bush.

This is all... It's all just poppycock. But that's why I'm trying to make a big point of it here. You said: I hope the American people aren't stupid. We have been told that they are! That's what all of this adds up to: The American people are stupid. There is no other way the American people could think what they think if what the Republican pollsters are telling us is right.

If this Clinton bump exists, if the American people think that while their lives are falling apart, and while their country's economy disintegrates in front of their face, and while the national debt mounts and mounts, and while Obamacare is about to be implemented full bore and cause even more tax increases and a further deterioration of personal wealth... While all this is happening, the American people say we're on the right track now.

And there nobody could do this any better. And Bill Clinton is the reason, 'cause Clinton told 'em that there's nobody that coulda done any better. And Michelle told us that there's nobody that cares any more than Obama cares about us. And the Romney campaign is nothing to write home about. What other explanation is there for this other than the American people are stupid? That's exactly what they're telling us.

What we're looking at here, folks, is we are looking at a Democrat campaign that is built on... I tried to document this today in my own inimitable way. The Democrat campaign is built on lies and manipulation piled on top of lies and manipulation. And these so-called conservatives on television and stuff out there seem to be throwing in the towel. They don't seem to be fighting any of these lies or this manipulation, but simply analyzing it for what they think it is. I don't know, folks.

None of it makes any common logical sense.

I don't think there are enough people on our side who know how to deal with leftists.

It's just that simple.

BREAK TRANSCRIPT

RUSH: I want to remind everybody, "Barack Hussein Obama! Mmm! Mmm! Mmm!" campaigned for president as the man who could fix our economy. That was the whole point of his campaign. Has anybody forgotten this? In 2007-2008, Barack Obama ran on the basis that he could fix the economy. Now 3-1/2 years in? I don't need to detail you the decay, the destruction, the deterioration, the plummeting aspects of our economy. You all know that. Now what are we told?

"Nobody could have, and he needs another three or four years to do it. And no matter what how hard he worked and how much he cares, there's nobody else who coulda done it, either. And we're told that that explanation has convinced a majority of Americans to support Obama 'cause there nobody else that could do it and there's nobody else that cares as much and there's nobody else who will work as hard."

I guess while playing golf and basketball and bowling and campaigning.

It's amazing.

You know, Castro? He's been working on his economy for 50-plus years now. Fidel Castro was never able to fix Cuba's economy, and you know what he blames it on? He calls it "the blockade," but it's the embargo. Fidel Castro hasn't been able to fix his economy, and his economic policies mirror Obama's. Well, Castro's are older so I should say, "Obama's mirror Castro's." I'm sure the Cubans think, "This guy just needs a little bit more time. He really cares about us, this Castro guy does.

"He fought a revolution for us. Why, he risked death for us here in Cuba. Yeah, he really cares. There's nobody who coulda done better. Batista coulda done any better. Marti couldn't have done any better. Hell no! Castro's the only guy coulda done it. But hell, in 50-plus years Castro hasn't been able to fix it." Do you know that Barack Obama is gonna inherit a worse economy than he inherited the first time around?

And then what is he gonna do? Here we get the entire media and the Democrat Party saying, "Well, you know, he inherited this mess. I mean, it was worse than anybody knew, and nobody told the truth about it, and he's worked hard, and he really cares. The Clinton bump! The Clinton bump! That's where Clinton told everybody that nobody else coulda done any better either, and there's nobody that cares any more than Barack Obama.

"Nobody works any harder! Michelle told us that. No! No! Barack, that's all he reads every night: Letters from the starving. He reads letters from the thirsty every night. He said, 'Michelle, look at what's happening to people. We can't let this go on. We've gotta fix it. After three years in office, Michelle, look at this! This person is still hungry. Michelle, we gotta do something.'"

That's what she said in her speech in the convention, and people ooh'd and ahh'd. "Ahhhh!" But it turns out now that Barack Obama is going to inherent an even worse economy the second time around. What is the excuse for that gonna be? Let's say he wins and we're in 2014. What's the excuse gonna be? "Well, they didn't tell me in 2009 how bad it was. It's gonna take a few more years."

END TRANSCRIPT


TOPICS: Culture/Society; Editorial; Politics/Elections
KEYWORDS:

1 posted on 09/28/2012 1:45:02 PM PDT by Kaslin
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To: Kaslin

If FDR hadn’t died he would probably still be president for the same reason. A majority are idiots and only want a free handout.


2 posted on 09/28/2012 1:47:15 PM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: TexasFreeper2009

There are two kinds of voters.
Makers and Takers. I consider Warren Buffett to be among the biggest ‘Takers’ in the nation.


3 posted on 09/28/2012 1:52:51 PM PDT by griswold3 (Big Government does not tolerate rivals.)
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To: TexasFreeper2009

There are two kinds of voters.
Makers and Takers. I consider Warren Buffett to be among the biggest ‘Takers’ in the nation.


4 posted on 09/28/2012 1:52:51 PM PDT by griswold3 (Big Government does not tolerate rivals.)
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To: Kaslin

That was a VERY funny statement. Can just see the excuses in 2016 if Obama wins.

“Well, well, Obama didn’t know how bad the situation was when he got in there in 2012....”

I really wish all of these talkers would start heavily bringing up the fact that the Dems had Congress in 2007!! AND Obama was IN Congress for two years! If he didn’t know how bad it really was, then he was indeed just continuing to vote PRESENT!


5 posted on 09/28/2012 1:53:33 PM PDT by Eagle of Liberty (We the People are coming!!)
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To: Eagle of Liberty

Dems had Congress in 2007!! AND Obama was IN Congress for two years! If he didn’t know how bad it really was, then he was indeed just continuing to vote PRESENT!

We need to hear it more!!!!


6 posted on 09/28/2012 1:56:45 PM PDT by Bitsy
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To: Kaslin

well, perhaps, a word of comfort to those who like me are sort of poll-panicked-perpetually:

the Rasmussen job approval ration of strongly approve v strongly disapprove is WORSE today for obama than two years ago in the run up to the 2010 elections. And he didn’t fare so well then.

So......


7 posted on 09/28/2012 2:05:58 PM PDT by ConservativeDude
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To: ConservativeDude

Speaking of Rasmusen. Look at the party id history.

Right now: R+4.2

Oct 2010: D+2.9 (GOP wins 63 seats House, 7 seats Senate)

Oct 2008: D+7.1 (Obama/Dems win President, House, Senate)

Oct 2006: D+6.2 (Dems win House & Senate)

Oct 2004: D+1.5 (Bush/GOP win all)

No way does Obama win!


8 posted on 09/28/2012 2:10:55 PM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: Eagle of Liberty

I’ve said several times, if that arrogant pos gets reelected again and can not fix the economy it would not surprise me if he would put out an EO so he could run for a third term


9 posted on 09/28/2012 2:13:13 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

Sorry , wrong tack ,, no EO , just declare marshall law and suspend all elections indefinately... he’ll even let individual republicans stay in office ,, that is until they vote against his proposals and are sent to prison.


10 posted on 09/28/2012 2:20:06 PM PDT by Neidermeyer
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To: nhwingut

The 0bama media just want to discourage us. It isn’t even October yet. Don’t pay any attention to these idiots


11 posted on 09/28/2012 2:21:54 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

That’s why he will a third term.


12 posted on 09/28/2012 2:24:13 PM PDT by ZULU (See video: http://gatesofvienna.blogspot.com/2012/09/the-first-siege-of-vienna.html)
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To: Kaslin
Obama Phone
13 posted on 09/28/2012 2:27:19 PM PDT by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: Kaslin

If he gets re-elected it will be impossible for economy to get better. We are on the verge of another recession right now.

So I think if he were to win, you would see businesses shed employees in mass, just like in 2008 - all knowing taxes are going up, Obamacare and Dodd Frank being fully implemented, along with cap and trade (via the EPA) coming to fruition.

And you know he will push gas prices even higher (probably into the $5 range). The economy will become an epic disaster. And he will still blame it all on the policies of Bush - and probably get away with it via the media corruption.


14 posted on 09/28/2012 2:27:35 PM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: Kaslin

Does anyone still think that Obama cares about the economy the second time around if he did not care about it the first time?

The economy is the least of his worries.


15 posted on 09/28/2012 2:28:19 PM PDT by 353FMG (The US Constitution is only as effective as those who enforce it.)
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To: Neidermeyer

Yeah, or that


16 posted on 09/28/2012 2:50:58 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin
I forget where on the internet I saw this; but, it made me laugh:

"Imagine the mess Barack Obama will inherit if he is re-elected."

17 posted on 09/28/2012 2:53:04 PM PDT by LibertarianLiz
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To: Kaslin

Obama: “When I took off in 2009 ..... er 2013 I didn’t know how bad the economy was”.


18 posted on 09/28/2012 2:53:54 PM PDT by Mike Darancette (Take two Aspirin and call me in November - Obama for Hindmost.)
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To: Kaslin

Was this the caller who was African-American? I was Barbequeing and listening to Rush, but I heard Rush give out an Mac to a caller today!!


19 posted on 09/28/2012 2:54:54 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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To: nhwingut; Kaslin
First you write this:

No way does Obama win!

Then you write:

If he gets re-elected....

So I think if he were to win...

And he will still blame...

You wasted more keystrokes on something you just said wouldn't happen.

So who cares?

FReegards!


20 posted on 09/28/2012 2:57:36 PM PDT by Agamemnon (Darwinism is the glue that holds liberalism together)
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To: LibertarianLiz
Imagine the mess Barack Obama will inherit if he is re-elected.

Well, any mess he did inherit the first time, was made by Bomber, his fellow RATs, the FED, and Fannie/Freddie, by crashing the international lending industry.

21 posted on 09/28/2012 2:59:31 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: Kaslin

Obama will finally get unemployment below 8% half way through his third term.


22 posted on 09/28/2012 3:00:35 PM PDT by Leep
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To: Agamemnon

I was responding to a post which surmised a win. I misstated a hypothetical. He will not win!!!


23 posted on 09/28/2012 3:01:49 PM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: Kaslin
You know, I've been wondering what would happen if BH0 loses.

If Romney doesn't get the job done in 4 years, will BH0 pull a "Grover Cleveland" and run again in 2016, saying "see I told you so"?

Given his fragile ego, his sycophantic supporters, the media, I wouldn't be the least bit shocked.

24 posted on 09/28/2012 3:17:06 PM PDT by PallMal
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To: PallMal
If Romney doesn't get the job done in 4 years

I believe Romney is likely to open the flood gates and cut taxes. If that doesn't do it...nothing will.

25 posted on 09/28/2012 3:20:17 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: ROCKLOBSTER
"I believe Romney is likely to open the flood gates and cut taxes. If that doesn't do it...nothing will."

Wow, and we all wonder why around here no one listens to FR and take us seriously about nominating Conservatives.

Romney won't do shit EXCEPT sign the bills Congress hands him.

Presidents don't raise or lower taxes, they sign Bills. CONGRESS does the bill writing.

26 posted on 09/28/2012 3:24:17 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: nhwingut
So I think if he were to win, you would see businesses shed employees in mass, just like in 2008 - all knowing taxes are going up, Obamacare and Dodd Frank being fully implemented, along with cap and trade (via the EPA) coming to fruition.

Cold call from my business banker today. I am approved for up to $155,000 to use as I see fit. Just go make the purchases my business needs in the next 60 days, submit the invoices and then lock in the 4.9% interest rate.

I told him to call me back after the election if Romney wins. He replied he has heard that ALL day on these calls. Nobody is going to budge in the small to medium size business market.

27 posted on 09/28/2012 3:27:08 PM PDT by EBH (0bama is guilty of willful neglect of duty.)
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To: Kaslin


28 posted on 09/28/2012 3:34:47 PM PDT by Iron Munro (US Embassies Come and Go But An Obama Apology Lasts Forever)
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To: Mad Dawgg
shit

Yes, indeed.

I assume, just like previous chief executives, that he can have bills introduced on his behalf by House members, and also issue EOs undoing some of Bombers insanity.

He can have them sponsor appropriations bills which cut spending. You have been around a legislature I assume?

The flood gates would be domestic energy policies, drilling, refineries, pipelines, coal, NG etc.

29 posted on 09/28/2012 3:35:34 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: ROCKLOBSTER
"also issue EOs undoing some of Bombers insanity."

He can't issue EO's to raise or lower taxes. He can ask and that is it.

Article One Section 7:

All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
Stating Romney can lower or raise taxes reinforces the misnomer the left tries everyday to create, that Presidents control the Government. Stop feeding the beast.
30 posted on 09/28/2012 3:53:46 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg

Bombers insanity are EOs. His budget didn’t get one vote.


31 posted on 09/28/2012 4:14:38 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: Mad Dawgg
Stating Romney can lower or raise taxes reinforces the misnomer the left tries everyday to create, that Presidents control the Government.

Oh, you mean like "The Bush Tax Cuts"?

Hmmmmmmm.

32 posted on 09/28/2012 4:16:59 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: ROCKLOBSTER
"Bombers insanity are EOs"

Obamacare not an EO (Huge tax increase)

Budget Control Act of 2011 Not and EO (Will cause over a trillion dollars to be cut from defense spending)

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Extended the Tax Cuts enacted during the Bush years (For an additional two years) Expires Dec 31st 2012. is not an EO and will be a killer tax increase on All Americans.

Your words: "I believe Romney is likely to open the flood gates and cut taxes..."

He won't, he will sign the bills handed to him and he can't overrule anything to do with taxes by Executive Order. Sorry but that is the way it works.

Like I said don't feed the beast the DNC created. President's sign bills about taxes they don't raise or lower them. When you make statements like the above you reinforce the BS that Republican Presidents give tax breaks to millionaires blah blah blah.

CONGRESS does the deed. And they will continue to until the Constitution is changed OR our Constitutional Republic is usurped!

33 posted on 09/28/2012 4:31:54 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: ROCKLOBSTER
"Oh, you mean like "The Bush Tax Cuts"?"

Oh so you believe Bush Cut taxes?

hahah seriously go take a remedial civics class and get back to me.

34 posted on 09/28/2012 4:34:15 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: LibertarianLiz

I believe I am going to make that my new tagline!!


35 posted on 09/28/2012 5:26:48 PM PDT by Eagle of Liberty (We the People are coming!!)
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To: Iron Munro

haha had to steal it


36 posted on 09/28/2012 5:34:38 PM PDT by visualops (artlife.us)
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To: Mad Dawgg

OK. You win.

Romney will oppose and veto tax cuts and sensible energy policy.

All of Obama’s executive orders were common sense and good for America and will remain in place.


37 posted on 09/28/2012 5:36:41 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: visualops
haha had to steal it

Here's another one:


38 posted on 09/28/2012 6:12:29 PM PDT by Iron Munro (US Embassies Come and Go But An Obama Apology Lasts Forever)
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To: ROCKLOBSTER
"Romney will oppose and veto tax cuts and sensible energy policy."

No,IF you had read what I posted I said he would sign the bills handed to him.

Try and keep up.

39 posted on 09/28/2012 6:33:56 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: nhwingut

Dear God, please let that be true.

We have certainly flushed this point out here very nicely at FR. If we win, we are truly the unflappable seekers of truth and the media has truly become utterly corrupt propagandists (while yes that has been the case...and while it didn’t seem there is more that they could do, if Romney wins, then we will see that they could have concocted hundreds of polls....which is what they will have done).

Or Romney loses (ie, the polls are right).

In which case, we lose the country for a generation at least.


40 posted on 09/28/2012 7:00:09 PM PDT by ConservativeDude
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To: Mad Dawgg
he would sign the bills handed to him.

Oh, thank God.

Then that means he will cut taxes and open the flood gates.

41 posted on 09/28/2012 7:31:35 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: ROCKLOBSTER
"Then that means he will cut taxes and open the flood gates."

Congress has two houses and right now Republicans control ONE of them.

Another FAIL for you.

42 posted on 09/28/2012 8:28:45 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg
Congress has two houses and right now Republicans control ONE of them.

NO! Really?

You don't say.

43 posted on 09/28/2012 8:30:34 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: Kaslin

For America’s dumbed down citizens (and non citizens) freedom has become the freebie. There is a demonic shadow being cast over the basic functions of Capitalism and no one is standing up to oppose it. It is demonic thinking born by stupidity that says the rich need to be taxed more to offset the result of their greed which has swindled money from their fellow citizen. Making a profit is “swindled money?” This is thinking that will destroy our nation. Instead of a man being able to make a profit, the demand is for him to give away his wealth. Demand from him (or her) the freebie. Tax him to the max. Stupid parasites who take wealth at another man’s expense rather than allowing that wealth to grow and create jobs are short sighted. They will sell this nation down the river for their short sighted stupidity.


44 posted on 09/29/2012 12:51:02 AM PDT by jonrick46 (Countdown to 11-06-2012)
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