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It is impossible to tell what market impact there would have been with a different election result. What we can rely on is that laws and execution of the offices of government would have been tilted against the middle class and poor, against employees and retirees, and against compassion and consideration of others.
With "against compassion and consideration of others" meaning against compassion and consideration of liberal special interest groups.
Ask the non-union auto industry workers in Detroit how much compassion and consideration they were shown.
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Republicans in the White House would almost surely have promulgated policies that benefited the rich, the employer, and the brutalistic egoists of the right-wing.
As opposed to being tilted towards the brutalistic egoists of the left wing.
When you consider giving someone food stamps instead of giving them a job to be benefiting the poor, it's easy to set yourself up on a pedestal as being morally superior. But reality tells a different story as all the poor people the liberals are so concerned about remain poor. That's all liberal compassion does. It just keeps people at subsistence level permanently.
In my book, the U.S. economy is improving gradually and doing better than it was 4 or 5 years ago. The stock market has had an especially good run, thankfully. However, the economy is still far from doing great - as the unemployment rate is still 7.4%, the GDP growth is small and the national debt is very high and rising.
The fed is pumping hundreds of billions into the stock market, it's a balloon waiting to pop. The unemployment numbers are falling because our labor force is disappearing, even the U6 does not reflect how bad our unemployment situation has become.
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Originally Posted by BigCityDreamer
If Mitt Romney were president, do you think he would have been able to use his decades of business skills and knowledge to bring more positive numbers in the U.S. economy by now and going forward? What, if anything, could he have done differently?
I think Romney would have addressed the causes for our failing economy, where as Obama has been ignoring it, and even approving of the implementation of regulations that will harm growth and investments in the economy and increase energy costs.
By the time Obama's term is up, the economy will be in utter ruins.
The dems would have obstructed anything he proposed and the usual suspects in the press would have cheered them on for doing so. The leftwing loons here would have non-stop topics about "mittens".
Wait ... the cons keep telling us here that that's exactly the correct thing to do when we talk about the historic level of GOP obstructionism.
I truly believe it would have made no difference. I'm sure if Romney was elected you'd hear republicans moaning about the man. More of the same old bull chit....After all they get their marching orders not from American people and haven't for some time.
Wait ... the cons keep telling us here that that's exactly the correct thing to do when we talk about the historic level of GOP obstructionism.
What wonderful Obama economic policies that would have turned the economy around have the GOP obstructed, I'll wait.
Obama got his stimulus, and a bunch of smaller stimulus, and we were told we'd be at 6% or less unemployment by 2011. so i think your argument is all wet.
Except of course the Reagan economic boom that lasted for about twenty years. It took Clinton, Bush and Obama to finally strangle that golden goose.
You can't be serious. He's the one that got the ball rolling. The problem is that there was never a goose. Just a pile of gold flecked sh*t rolling downhill.
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