Peter Schiff talks about economy under Obama

[NJ2MDdude]

Originally Posted by StoneOne

I agree with you here, although as much as I like your Austrian school posts, I have to disagree that Obama is as much a big-government candidate as Schiff makes him out to be.

Obama is actually probably the closest the Democrats have come to laissez faire economics. Still nowhere near actually being there and still lots of room for improvement, but I don't see government getting any bigger under Obama. If anything, I find him the more fiscally responsible of the two major candidates. Alas, that's not really saying much...

Obama pro-laissez faire? How do you figure?

[StoneOne]

Originally Posted by NJ2MDdude

Obama pro-laissez faire? How do you figure?

I never said he's laissez faire. I said he's the least "big government" Democratic presidential candidate in recent memory. There's a difference. No matter who's elected, we're going to have big government and lots of state involvement in the economy. My reading on their policies, combined with the obvious erratic nature of McCain's entire demeanor, simply gives me the feeling that Obama will be cheaper for us. If I were really an optimist, I'd say he'd be more effective with our money, but alas, that's a stretch...

[StoneOne]

Originally Posted by ViewFromThePeak

I just have this bad feeling that someone who probably believed FDR was the best thing since sliced bread for this country during the GD is going to repeat his mistakes, or worse.

I only hope that his time at the University of Chicago was enough to knock such silly notions from his head.

[NJ2MDdude]

I don't think either candidate is worthy of my vote. But if I had a choice, I'd choose McCain, because I prefer gridlock over Democratic control of the Senate, the House and the White House. One party rule doesn't appear to work and contributed to the end of the Republican domination of Congress.

[StoneOne]

Originally Posted by NJ2MDdude

I don't think either candidate is worthy of my vote. But if I had a choice, I'd choose McCain, because I prefer gridlock over Democratic control of the Senate, the House and the White House. One party rule doesn't appear to work and contributed to the end of the Republican domination of Congress.

Well, in all honesty, my dream politician is one who does absolutely nothing. If everyone in government would do absolutely nothing, this country would have a bright future indeed.

[jimmyP]

Obama has never had a private sector job. The law firm was a ruse, but he is basically a Columbia and Harvard educated professional politician. These guys all think gubberment can solve any and all problems. How else to justify their existence?