At What Date Does Obama Accept Responsibility for the Economy?

Discussion in 'Politics' started by KMAN, Mar 2, 2009.

  1. KMAN
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    KMAN Senior Member

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    Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?

    Bloomberg.com: Worldwide
     
  2. jillian
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    jillian Princess Supporting Member

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    on what day do you wingnuts admit that your boys broke it?
     
  3. driveby
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    driveby Gold Member

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    Right after the 2006 elections ? ....
     
  4. editec
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    editec Mr. Forgot-it-All

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    How about after the effects of the policies that are coming on line now, have time to play out in the economy?

    Given that I don't entirely blame Bush II for the economy he handed off, I won't entirely blame Obama for what happens on his watch, either.

    The economy is BIGGER than the POTUS, folks.
     
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  5. 007
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    007 Charter Member Supporting Member

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    obamalamadingdong has spent more money in the past 100 days than America has in the last TWO HUNDRED YEARS. The economy is HIS BABY now, period.
     
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  6. auditor0007
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    auditor0007 Gold Member

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    I have to agree with you on this. However, if the stimulus turns out to be a bust and does more harm than good, then it will be time to pin blame on Obama and the Dems. At the same time, if things turn around once this stimulus package has had time to take hold, then Obama and the Dems should receive credit.

    The biggest problem Obama faces is that even if the economy does turn around, it's not likely to start a long stretch of real growth. And we're going to have to deal with the consequences of all this additional borrowing.
     
  7. editec
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    editec Mr. Forgot-it-All

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    Yes, the embolden sentence above is a fair approach to judging Obama's administration.

    To the extent that any administration has any control over the economy (and that's not really aas much as we think, I think) Obama has to assume some degree of responsibility for what his administration does.

    I do NOT think this economy is really going to revive itself.

    It might have a temporay recovery, but the system itself is flawed and those flaws are going to keep screwing the economy.
     
  8. Care4all
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    Care4all Warrior Princess Supporting Member

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    I would say by the next election for certain...that's usually when accountability comes in to play.

    He should NEVER get the blame for "breaking" our economy, that happened the previous 8 years.

    He will get blamed if he can't bring us out of this hole we are in, if he doesn't pull us out of it by his next election...imho.
     
  9. amrchaos
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    amrchaos Pentheus torn apart

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    Hold it--Let us not forget that we were doing "stimulus packages" since early 2008!!

    The economy is broke, and it has more to do with the Banks than either party.

    Who is for nationalizing Bank of America???(WTWNGCOT)
     
  10. Xenophon
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    Xenophon Gone and forgotten

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    Dow was down 300 points today.

    Many economists now say BO's gov is way to rosey in it's forcasts, the debt could grow to 4.5 trillion in 4 years.

    BO annouced another bailout of AiG, the third time for this one.

    It's not getting better, we are in freefall.
     

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