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And Heritage Foundation had analyzed that with Bush tax cuts, the country would have paid off its debt by 2010. That with the policies the conservatives pushed for, the economy would be in GREAT shape, with balanced budget and all.
While at it, you should mention that too?
Consider it mentioned. By adding that as an additional example of a failed plan, are you conceding that the stimulus didn't do as predicted by the administration?
Increasing FHA loan limits does not decrease the standards to obtain a loan..
Quote:
Originally Posted by Rhett_Butler
But if you want to play this game, tell us "What Obama Policy" is causing unemployment rates to remain high?
Can't do it? Buh, buh, buh.... It's OBAMA'S FAULT!!! You parrott that as FACT over and over again!!! So what POLICY of Obama's is causing that? (LOL!!! I'll have fun watching you scramble to change the rules of the game again here.... )
Actually I can do it.. When you TAKE MONEY OUT OF THE ECONOMY.. You cant be shocked when peopld DONT SPEND..
Quote:
Originally Posted by EinsteinsGhost
Overly simplistic way of looking at reality, or perhaps the defense. This wasn't just a mortgage issue, it was a credit lending issue that had mortgage problem all over it. Here's a clue: 1929, 1988, 2007.
In speeches, Bush was found regularly celebrating interest rate cuts, and how it would boost the economy. But trust me, it wasn't speeches that brought the economy down. A major part of the problem was those interest rate cuts to prop up the economy. Never mind the grand idea the administration came up with, allowing some of the largest financial institutions (yes, they all collapsed) to leverage with well over 30:1 ratio. Now tell me, who was supporting it? Is it not insanity to support such ideas? Does it take only a genius to recognize a problem with relaxing such rules to allow banks to lend more than $30 for each dollar they show compared to $10-$12? When you allow banks to do that, what results do you expect?
More failure.. Speeches DONT CHANGE POLICIES..
Quote:
Originally Posted by Finn_Jarber
Try, until you get it, but the problem is that when you start misrepresenting what has been said, it pretty much ensures that you will never get it.
There are none as blind as those who refuse to see.
I'm waiting for you to list policy changes that lowered the standards. You'd think after all of those blogs you've read proclaiming Bush = bad, you'd be able to list ONE..
Consider it mentioned. By adding that as an additional example of a failed plan, are you conceding that the stimulus didn't do as predicted by the administration?
If you want to rely on unemployment numbers, I think it was stupid to even claim anything along the lines, just as it is to make an argument against the claim. But did the stimulus fail? Not in my opinion. Where it failed, IMO, was that it relied a bit too much on tax cuts, a demand of the conservatives met in the congress. In a world where partisanship rules over common sense, the drive for bipartisanship is a stupid idea. That is also where the stimulus (and the health care reform) fails, IMO.
But, did it work better than the stimuli presented under republican congress and Bush administration? No doubt. I also believe that without the stimulus, the economy would have been far worse.
The thing is , I dont think it will work. elections are about the economy.
The clock is running
The Democrats are hoping they can use a natural business cycle to convince more people that their policies are a success, when reality is, the economy will recover despite their failings. Things will get better despite the government, not because of it.
I don't think you're stupid enough to not be able to comprehend the simple sentences. Your obligatory remarks only serve and are meant to be deflection, to avoid discussing real issues. As, in this case, you didn't dare utter a single word on implications of relaxing leveraging regulation on the banks or on the issue of interest rate cuts as a tool to prop up the economy, what such actions mean to lending versus savings.
If you want to rely on unemployment numbers, I think it was stupid to even claim anything along the lines, just as it is to make an argument against the claim. But did the stimulus fail? Not in my opinion. Where it failed, IMO, was that it relied a bit too much on tax cuts, a demand of the conservatives met in the congress. In a world where partisanship rules over common sense, the drive for bipartisanship is a stupid idea. That is also where the stimulus (and the health care reform) fails, IMO.
yeah, the Obama stimulus bill would have been so much greater, had they spent $600B on food stamps, rather than the $300B..
Quote:
Originally Posted by EinsteinsGhost
But, did it work better than the stimuli presented under republican congress and Bush administration? No doubt. I also believe that without the stimulus, the economy would have been far worse.
The failing of the economy stopped before one dime of the stimulus bill was spent. Its great though that you can sit here and "believe" things, even if facts show you as wrong..
I don't think you're stupid enough to not be able to comprehend the simple sentences. Your obligatory remarks only serve and are meant to be deflection, to avoid discussing real issues. As, in this case, you didn't dare utter a single word on implications of relaxing leveraging regulation on the banks or on the issue of interest rate cuts as a tool to prop up the economy.
Is that the best you've got? Or, perhaps you're in the same camp as pqhquest who would rather dare not touch such issues?
Pathetic.
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