Obama's speech in 08 was possibly the best I've ever seen and look where that got us.
All I remember from Bush in 2000 was the "They haven't led, we will."
Did he ever.
You meaning turning an economy that was losing over 700,000 jobs per month into one that creates about 100,000/month-yep that sucks.
You mean taking an economy with a -8.9% GDP in +2% growth or +10.9% net difference?
You mean eliminating an American with insurance ever again losing their home because they got sick. Yep that really sucks.
You mean saving GM? That really sucks.
You mean enacting equal pay for equal work for women? That sucks.
You mean allowing patriot Americans to openly serve in the military regardless of sexual orientation. Or as Barry Goldwater said,"You don't have to be straight to shoot straight."? Yep that sucks.
You mean finding and killing OBL rather finding and letting him escape? Yep that sucks.
GM's bailout cost taxpayers around $50B, GM is down 40% in the past 2 years and its market cap is $35.9B today.
GM's bailout cost taxpayers around $50B, GM is down 40% in the past 2 years and its market cap is $35.9B today.
It's still cheaper than putting over 1M people out of work and paying unemployment. how about the copay for all their Cobra accounts?
GM still made $1.5B in the most recently recorded quarter. That's $6B for a year.
That's slightly better than dead and they would have been dead. There was no private money to save them. Everyone tried.