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BHO had a choice to make. Let the economy collapse, or stimulate it. Any other person would've had to make the same choice.
You do know food prices are up due to natural disasters, right? So those food prices blamed on Obama means that he is God and can control the weather.
Four main factors are seen as driving prices higher: weather, higher demand, smaller yields and crops diverted to biofuels. Volatile weather patterns often attributed to climate change are wreaking havoc with some harvests. Heavy rains in Australia damaged wheat to the extent that much of its usually high-quality crop has been downgraded to feed, experts noted.
Ah hell with it, you're right, let's just blame Obama.
1. Obama made the wrong choice with "stimulus". We now have more unemployed, higher prices, and higher debt.
2. To make assumptions that Obama's actions turned out better than the alternatives is to make presumptions that are impossible to predict. We are left to evaluate what is real (high unemployment, high debt, high prices) as speculation of the what may have been is OPINION, which may or may not be true. The fact remains that his policies DID NOT ACHIEVE THIER INTENDED RESULTS. We know that for sure. When an action fails, a wise man evaluates those actions, concedes defeat, and looks at alternative solutions.
3. The facts remain that Obama's actions HAVE MADE THE ECONOMIC SITUATION WORSE. That cannot be disputed.
4. Alternatives, such as tax cuts, elimination of payroll tax short term, and reduction in corporate taxes WAS THE OTHER MAJOR OPTION INSTEAD of "stimulus".
5. "Stimulus" has never worked in 20th century history. See the Great Depression in the US and 1985-1995 JAPAN.
6. Tax cuts historically have resulted in increased economic activity.
I've made some nice stock and currency trades over the past two years. One thing I learned from the recession of 2001-2 is buying stocks when everybody is running scared in the other direction is one of the moves one can make.
warren buffet has a great line about playing the market. when people get greedy i panic and when people panic...... i get greedy.
The country will be in better shape when it gains the 300,000 jobs every month for the next three years - since that's what it will take to get it back to the levels it was when Bush left office.
You really do not like that question, do you?
I'll say it, then: It is better to live in economy with job growth than one with job loss. It's surely not great, but if the best complaint you can come up with is that "you're not cleaning up GWBs mess fast enough", then I think you may want to look into who's really to blame.
Did you expect an 800,000 jobs/month loss rate to just stop in February 2009? Because that would make you the only one, I think.
Another fun number (and we know those don't lie): 2010 saw more private-sector jobs created than the net growth in private sector jobs from 2000-2008. It's not enough, but it's a damn sight better than nothing.
And personally, yes - I'm doing fine, thankyouverrymuch.
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,833,234 times
Reputation: 6438
Quote:
Originally Posted by hawkeye2009
1. Obama made the wrong choice with "stimulus". We now have more unemployed, higher prices, and higher debt.
2. To make assumptions that Obama's actions turned out better than the alternatives is to make presumptions that are impossible to predict. We are left to evaluate what is real (high unemployment, high debt, high prices) as speculation of the what may have been is OPINION, which may or may not be true. The fact remains that his policies DID NOT ACHIEVE THIER INTENDED RESULTS. We know that for sure. When an action fails, a wise man evaluates those actions, concedes defeat, and looks at alternative solutions.
3. The facts remain that Obama's actions HAVE MADE THE ECONOMIC SITUATION WORSE. That cannot be disputed.
4. Alternatives, such as tax cuts, elimination of payroll tax short term, and reduction in corporate taxes WAS THE OTHER MAJOR OPTION INSTEAD of "stimulus".
5. "Stimulus" has never worked in 20th century history. See the Great Depression in the US and 1985-1995 JAPAN.
6. Tax cuts historically have resulted in increased economic activity.
To make assumptions that Obama's actions turned out better than the alternatives is to make presumptions that are impossible to predict. We are left to evaluate what is real (high unemployment, high debt, high prices) as speculation of the what may have been is OPINION, which may or may not be true. The fact remains that his policies DID NOT ACHIEVE THIER INTENDED RESULTS. We know that for sure. When an action fails, a wise man evaluates those actions, concedes defeat, and looks at alternative solutions.
3. The facts remain that Obama's actions HAVE MADE THE ECONOMIC SITUATION WORSE. That cannot be disputed.
Looks like you answered that pretty well.
Since he didn't do it the other way, guess we'll never know.
Of course if the economy had completely collapsed that way, he'd be blamed for that, too. I dunno.Complete economic ruin for millions of peoople or what we have now...I guess it's in how you define "worse."
Did you visit the link? It doesn't make Barry look good, everything is going in the wrong direction under his so called leadership.
of course it doesnt make bambam look good. the point is, is that freedom has been a very short thing coming from the goverment, and has not been very much in effect for the american public since 1913.
Better off than we would be under McCain/Palin, Apsolutely!
Casper
Same result. Government manipulation will continue. Only thing that would have changed is the faces of the ones getting my money for their causes.
We'd still be illegally occupying sovereign nations in the Middle East, the theft packages would have still happened, illegals would still be invading our country, and the economy would still be in the toilet.
The Stepford voters have spoken.
Sure I can, McCAin was behind the bailouts and has publically stated that President Obama did the right thing, and of course the right threw him under the bus for it. Palin, oh please she couldn't think her way out of a paper bag, sure she would have been entertaining in a morbid sort of way, but she is no great thinker.
Maybe the GOP can run someone better this time around but at this pont the GOP is not making many friends amoung the Independents so that does not look real good, I looking forward to 2016, fresh met as they say, until then I see Obama staying in office.
Casper
McCain was a weak candidate and Obama is a disaster.
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