- Posts: 14880
- Thank you received: 27
Please Log in or Create an account to join the conversation.
Topic Author
FredHayek wrote: And has been demonstrated by the last three years of the Obama-recession, anyone can do better with this economy than BHO.
Please Log in or Create an account to join the conversation.
archer wrote:
FredHayek wrote: And has been demonstrated by the last three years of the Obama-recession, anyone can do better with this economy than BHO.
Really? You really have sucked down the :Koolaid:
Romney could, and probably would, make Obama's economy look really good after a few years of his revenue cuts. misguided spending cuts, and disregard for those who really drive the US economy, the middle class. If you ever decide to take off your conservative glasses, the reality of what the Republicans, pushed by the Tea Party, want to do will be seen as an unmitigated disaster.
Please Log in or Create an account to join the conversation.
Topic Author
FredHayek wrote:
archer wrote:
FredHayek wrote: And has been demonstrated by the last three years of the Obama-recession, anyone can do better with this economy than BHO.
Really? You really have sucked down the :Koolaid:
Romney could, and probably would, make Obama's economy look really good after a few years of his revenue cuts. misguided spending cuts, and disregard for those who really drive the US economy, the middle class. If you ever decide to take off your conservative glasses, the reality of what the Republicans, pushed by the Tea Party, want to do will be seen as an unmitigated disaster.
What Obama has done?
1) Real wealth for the middle class has gone down.
2) Real wealth for the 1% has increased.
3) Healthcare costs have risen.
4) Unemployment has risen.
5) Energy prices and goverment debt has risen.
Sure, BHO talks a good game, but you have to look at results. And Democrat'sForSales silly stats about increased employment, do you really believe it? If jobs were increasing, why are real wages continuing to decrease?
Why is the American Happiness Factor the lowest since the Carter years?
Please Log in or Create an account to join the conversation.
I didn't read into Fred's comments that Obama caused all those problems, but Obama did promise to fix most of them. There are different ways to approach and fix the problems, we just have to look at the end result and decide if Obama's fixes are the most effective and efficient.archer wrote:
FredHayek wrote:
archer wrote:
FredHayek wrote: And has been demonstrated by the last three years of the Obama-recession, anyone can do better with this economy than BHO.
Really? You really have sucked down the :Koolaid:
Romney could, and probably would, make Obama's economy look really good after a few years of his revenue cuts. misguided spending cuts, and disregard for those who really drive the US economy, the middle class. If you ever decide to take off your conservative glasses, the reality of what the Republicans, pushed by the Tea Party, want to do will be seen as an unmitigated disaster.
What Obama has done?
1) Real wealth for the middle class has gone down.
2) Real wealth for the 1% has increased.
3) Healthcare costs have risen.
4) Unemployment has risen.
5) Energy prices and goverment debt has risen.
Sure, BHO talks a good game, but you have to look at results. And Democrat'sForSales silly stats about increased employment, do you really believe it? If jobs were increasing, why are real wages continuing to decrease?
Why is the American Happiness Factor the lowest since the Carter years?
I know fred......everything bad that has happened to the US economy in the last 6 years is Obama's fault. The man is amazing don't ya think? When he was only a senator he must have set the course for the world economic meltdown.....he caused the banks to fail, the auto company execs to make crappy decisions, the economies of Europe to crash, the housing market to decline, the mortgage lenders to make bad loan after bad loan. Yeah, if we just defeat Obama the world will come up roses.
What's not to love about the conservative pollyannas? Just elect a Republican, even one with no plan, or a bad plan, and everything will miraculously turn around.
Please Log in or Create an account to join the conversation.
Topic Author
Please Log in or Create an account to join the conversation.
Please Log in or Create an account to join the conversation.
I don't believe it was Obama's fault but he hasn't done anything to fix it. In fact he doesn't have a clue how to fix it.archer wrote: If anyone was looking for a quick fix for the economy, then yes they were disappointed. You don't fix decades of government mistakes and mismanagement in a few years. I am OK with a slow steady stop to the bleeding and signs of slow and steady growth. I believe a measured approach is more beneficial to the country in the long run than a quick fix that is not sustainable and may cause irreparable harm to our economy. Ryan's budget seemed to be just that.
Please Log in or Create an account to join the conversation.
Here I was going to take an exception to PS's assertion that we should return to a tax capacity of 18%- the average over the last 80 years- but again I see that you correctly state what should be done- the key word being BELOW the tax capacity. The lower the better- and the faster the recovery.No, it's not OK. Federal spending should be below the tax capacity of the union (average of 18% of GDP over the last 80 years), not in excess of it.
Mitt's doesn't think it will take the GDP from 3.1% to 5%. He believes the economy will expand once Obama is fired by America, and the expanded economy will actual lower debt as a percentage of GDP.
Please Log in or Create an account to join the conversation.
archer wrote: If anyone was looking for a quick fix for the economy, then yes they were disappointed. You don't fix decades of government mistakes and mismanagement in a few years. I am OK with a slow steady stop to the bleeding and signs of slow and steady growth. I believe a measured approach is more beneficial to the country in the long run than a quick fix that is not sustainable and may cause irreparable harm to our economy. Ryan's budget seemed to be just that.
WASHINGTON (CNN) -- President Barack Obama pledged Monday to cut the nation's $1.3 trillion deficit in half by the end of his first term.
http://money.cnn.com/2009/02/23/news/ec ... /index.htm
In an interview with Atlanta's local Fox affiliate WAGA-TV President Obama explains why he was unable to cut the deficit in half in his first term, a promise he made as a candidate. Obama was lobbed the question by a sympathetic reporter who said he is getting "pelted in the media" for making a campaign promise he did not keep. "Well we're not there because this recession turned out to be a lot deeper than any of us realized," Obama said about his inability to cut the deficit in half.
http://www.realclearpolitics.com/video/ ... eeper.html
Please Log in or Create an account to join the conversation.