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Obamanomics is so bad that blaming W. Bush for everything isn't working so now we have to go all the way back to Reagan. The left sure is getting desperate!
Obamanomics is so bad that blaming W. Bush for everything isn't working so now we have to go all the way back to Reagan. The left sure is getting desperate!
Please enlighten us with the fundamentals of "Obamanomics."
Obamanomics is a neologism which seeks to define the economic philosophy of the Obama administration. The portmanteau has obvious historical references to "Reaganomics", which is commonly used to define the policies of President Reagan in the 1980s.
Less obvious, however, is agreement on what Obamanomics actually means. To conservatives, the term is used negatively to describe an increasing role for the state. Democrats, meanwhile, cite health care reform and cap-and-trade as positive examples of Obamanomics.
The reason why the term is difficult to define is because the Obama administration was thrust headfirst into the financial crisis and recession. Emergency measures are being confused with a new economic philosophy.
What it is:
Obamanomics refers to the economic policies of President Barack Obama.
How it works/Example:
In general terms, the primary focus of Obamanomics is economic stimulation in the wake of recession. Central components of this have included increases in government spending, reduced energy use, a series of $250 tax cuts for certain taxpayers and tax increases for other taxpayers, programs intended to provide foreclosure relief for certain homeowners, health care reform, and expansions in unemployment benefits.
Why it Matters:
Because the components of the Obama Administration's economic plans have met with varying degrees of success, the term Obamanomics can have a negative or positive connotation, depending on the user's politics.
The interview is from 1982. Wasn't it too yearly to judge?
His policies were meant to reduce unemployment and inflation and they worked but not by 1982.
no worries. her mind was made up the day of reagan's inauguration.
Reagan summed up Obamanomics back when Obama was still in school:
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. Ronald Reagan
Who cares what an ex-prostitute has to say about morality?
You can learn something from anyone, she raised herself up from a very poor background and saw life from rock bottom. Choosing the low lights from her life as if that is all there is to her story shows your bias, she was a very insightful and successful writer but I guess only the negative matters in your opinion.
Gotta love how liberalism ideology trumps facts... ah well
Quote:
Originally Posted by Goodnight
You can learn something from anyone, she raised herself up from a very poor background and saw life from rock bottom. Choosing the low lights from her life as if that is all there is to her story shows your bias, she was a very insightful and successful writer but I guess only the negative matters in your opinion.
unless of course she raised herself up with conservative views...
Liberals are always concerned when they do not hold power.
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Let me help you out:
