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- #141
Three years? Thirty years wouldn't be enough time with the policies this Administration has given us to address the economy. You don't get it...do you, Sallow? Barack Obama doesn't know HOW to fix this. Oh, he thought he did but that was because he'd been brainwashed into believing in progressive Keynesian theory about big government spending being the key to ending a recession. The proponents of that were Larry Summers and Christina Romer. In case you hadn't noticed, both of them had the good sense to abandon ship and run back to their tenured positions at Berkeley and Harvard when it became obvious that Keynesian policy was falling on it's proverbial face. Now Barack is left with that financial wizard, Timothy Geithner, the guy who couldn't figure out Turbo Tax, and between the two of them they couldn't come up with a plan to run a lemonade stand let alone the largest economy on the planet.
Do yourself a big favor and pray for Obama to lose in 2012. If he were to pull off that election? It would mean four more years of you having to come up with excuses as to why everything still sucks.
Sure I get it.
Roosevelt, singlehandely, created the Middle Class. There was none before his policies. None. Zip. Zero. Nadda.
There were the very rich..and the very poor.
THAT'S quite a SUCCESS. See..success means you accomplish something. It means you create something. The Middle Class in this country started around the end of WWII and kept growing until 1980 or so.
After that..it was a bumpy ride..until Clinton.
Another SUCCESS.
See how that works?
Obama has been a SUCCESS. Most reality based economists were saying we were coming out of the recession. Until 2010. What changed?
Oh yeah..the Tea Party's SUCCESS. Stopping the recovery dead in it's tracks and downgrading the bond rating.
Good fucking job boys.
Good job.
You really are amusing. The Tea Party didn't cause the bond rating downgrade. The Tea Party was calling for deficit reduction and cuts in government spending. The rating agencies were calling for deficit reduction and either an increase in revenue or cuts in spending. S&P was looking for deficit reduction in the neighborhood of 4 trillion dollars. The debt ceiling compromise called for deficit reduction of 1.5 trillion and the cuts were not specific but rather something to be determined in the future. So how is it that the Tea Party is responsible for the Federal Government not making sufficient deficit reductions? If it weren't FOR the Tea Party we wouldn't have gotten the 1.5 trillion because your guy Barack was calling for a "clean" debt ceiling raise without ANY mandated spending cuts. Or have you forgotten that?
Because that's usually how it's done.
And the money was going to PAY FOR THINGS REPUBLICANS BOUGHT.