Who Will Concede?

We heard over and over how the Bush policies supposedly caused all the economic problems the Obama inherited (although nobody on the left ever explains why the housing/credit crisis was his fault). Obama has had 4 years in office and promised to get us "out of the ditch". Well, we're still in the ditch with unemployment over 8% and median income falling by $4,000 a year.

So here's my question to liberals, conservatives, and everybody in between. If Obama gets a second term and he raises taxes on the 5% (who already pay 65% of the taxes), doubles the capital gains tax, increases the death tax, and whatever else he thinks will work... he gets his way and unemlpoyment stays above 8% and the economy remains in the crapper for another 4 years, what will you Obama supporters say then? Will you blame Bush AGAIN or will you concede that Obama's policies did not work as promised?

And if raising taxes on "the rich", on those who invest, on those who hire, on those who die... if doing this brings back the economy and jobs, will you on the right concede that this tax policy worked? I'll give you my answer right now... the answer is YES, I will concede that I was wrong. If Romney is elected and he promises businesses there will be no increases while he is president (and he gets his way), then we see no significant decrease in unemployment, then I WILL concede that policy failed.

I would consider success by either men to be a drop of at least 1.5% in the unemployment rate given how long we've been over 8%.

So, who is willing to stick their necks out and admit when their side is wrong? I WILL.

I think President Clinton summed it up nicely when he gave the Republican's argument: "We left him a total mess, he hasn't cleaned it up fast enough, so fire him and put us back in."

As for "nobody on the left ever explaining why the housing/credit crisis was (Bush's) fault" I think the New York Times did that quite well back in 2008.

http://www.nytimes.com/2008/12/21/busin ... I90mVqbvCQ

Science Chic wrote: Just raising taxes alone won't work. Just cutting spending won't work. So neither party's solutions will really make any headway if that's their only efforts over the next 4 years, and no one will admit they're wrong, they'll just keep blaming the other side and we'll get nowhere.

Nobody answered the question yet. We are being asked to vote for Obama because he supposedly knows what he's doing and 4 years was not enough time. Is 8 years enough time or not? Will you admit the policies (whatever they are) have failed if we're still in the economic dumpster 8 years later or will it still be Bush's fault?

I also remember Obama saying that the ACA would be good for the economy. What happens if it's not? Bush's fault?

If the policies had failed we'd be in a deep depression right now, as Bush had warned we were heading to.

Raees wrote: If the policies had failed we'd be in a deep depression right now, as Bush had warned we were heading to.

Will you consider Obama a success if our debt goes up another 4 trillion, budget deficit increases, and unemployment still around 8% after 4 more years?

I can tell you right now unemployment is not going to still be 8% in four more years. The country couldn't sustain it.

Raees wrote: I can tell you right now unemployment is not going to still be 8% in four more years. The country couldn't sustain it.

So, answer the question directly, yes or no. If Obama is re-elected, and unemployment is 8% 3 yrs into his next term, will you acknowledge his policies have failed.

What about if we keep adding 1 trillion to the debt every year? Will you acknowledge his policies failed?

I will be upfront and say, if unemployment is back down around 5 to 5-1/2%, and we have a balanced budget, or even a slightly negative budget...That his policies succeeded.

RenegadeCJ wrote:

Raees wrote: I can tell you right now unemployment is not going to still be 8% in four more years. The country couldn't sustain it.

So, answer the question directly, yes or no. If Obama is re-elected, and unemployment is 8% 3 yrs into his next term, will you acknowledge his policies have failed.

What about if we keep adding 1 trillion to the debt every year? Will you acknowledge his policies failed?

I will be upfront and say, if unemployment is back down around 5 to 5-1/2%, and we have a balanced budget, or even a slightly negative budget...That his policies succeeded.

Apparently, Raees can't answer that question because it may come back to haunt him. I stuck my neck out and I will stand by it.