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Varying degrees all of the presidents in the last 15 years. They all lead to it and/or didn't help. To say that one president was more the cause than another is. Sure more Bush policies didn't help but the recovery under Obama still is not taking off (though it maybe if the job numbers stay constant over the next several months.
Who is to blame? The voters. We have a plethora of uninformed voters who couldn't even tell you how to write a budget, much less how to live by one. They vote according to social issues, emotion, and any number of other reasons which lead them to make terrible decisions in the ballot booth.
Face it, if our electorate was actually informed, Obama never would have won a primary - much less the election.
Do you think that prior leadership was any better at improving our economy? It is fallacy to place blame on any ONE man and that includes Bush.
Quote:
Originally Posted by greywar
Other
Theres a lot of things going on that cause this. Clintons passing of NAFTA did not do us any favors, bush's wars on the credit card, glass steagel being repealed, and much much more. Theres a ton of different causes, and there will be more to come I think.
Exactly. There is no ONE cause and there is no ONE answer to get us out of this. The middle class keeps our consumer economy going and the middle class no longer has money to spend.
Quote:
Originally Posted by Ivorytickler
I said other. We are. We demanded cheap goods so manufacturing shipped off to China and Mexico where labor is cheap. That resulted in job loss and the rest is history. All one need do is look at how big Walmart is to realize we're doing this to ourselves. Our demand for the cheapest products is doing us in. Unfortunately, this is now too late to fix so you might as well buy the cheap goods made in China. The economy we have is the economy we'll keep because we'd rather buy cheap and disposable than make do or pay a bit more.
Some truth to this.
Quote:
Originally Posted by mkpunk
Varying degrees all of the presidents in the last 15 years. They all lead to it and/or didn't help. To say that one president was more the cause than another is. Sure more Bush policies didn't help but the recovery under Obama still is not taking off (though it maybe if the job numbers stay constant over the next several months.
Some truth to this. I can't just lay the blame on Presidents either. What about the Fed? What about the financial industry? What about our Corporate Masters?
After 'we the people'* publicly shunned Bush1 for saying "Read my lips, no new taxes", is when the terrible economy peaked to the point of no return IMHO.
You forgot one very critical choice. Consider what illegal and legal immigration gone amok is doing to this country. For many years it is really not "immigration" per se, it should be referred to as nothing else but an "invasion." Our economy does not create jobs fast enough for normal population growth. Also add, what it has done to our hospitals with ongoing free health care for these people, educating their children for free, our subsidies such as food stamps, and others exhausted, bankrupt. Our prisons full, most inmates not even born in this country. And they keep coming, more so with proposed "illegal" immigration reform.
I guess you and your kind have been screwed for quite a while with that attitude. Meanwhile the rest of us have created a robust society that forges onward.
Yes, indeed!
Nearly 60% of American families are wholly dependent upon government for salaries, pensions and/or entitlements.
Well the poll is more confusing then a defense department form, but I'll state my answer.
Our economy is weaker because we have centralized power in large corporations. Those corporations pay as little money to their employees as possible.
This creates a economic problem, because fewer and fewer have access to cash to expand the economy. Most of the dollars they earn, working at Walmart, goes to paying their minimal bills.
Before, men like Henry Ford would pay their workers enough money to purchase their own products. Now it's all about a bottom line.
Accompany that with the stagnation and incompetence in Washington, and business doesn't grow, and the economy is weak.
Plenty of blame to go around but if I had to single out one thing it would be the mess that started back when the Commerce Clause was passed, effectively neutering the tenth amendment and letting the Federal government use it to stick their noses up the states behinds.
It's been nothing but downhill from there.
Honorable mention should also go to the creation of the Federal reserve and abandoning the gold standard.
Last edited by FatBob96; 12-10-2013 at 06:12 AM..
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I voted 'Other'
