How long will it take for the Economy to recover from Obamanomics?

Discussion in 'Economy' started by xsited1, Jul 12, 2009.

?

How long will it take for the Economy to recover from Obamanomics?

  1. 6 months

    1 vote(s)
    4.5%
  2. 1 year

    0 vote(s)
    0.0%
  3. 2 years

    1 vote(s)
    4.5%
  4. 3 years

    1 vote(s)
    4.5%
  5. 4 years

    1 vote(s)
    4.5%
  6. 5 years

    2 vote(s)
    9.1%
  7. 10 years

    7 vote(s)
    31.8%
  8. 20 years

    0 vote(s)
    0.0%
  9. 30 years

    0 vote(s)
    0.0%
  10. Never

    9 vote(s)
    40.9%
  1. xsited1
    Offline

    xsited1 Agent P

    Joined:
    Sep 15, 2008
    Messages:
    17,750
    Thanks Received:
    5,299
    Trophy Points:
    198
    Location:
    Little Rock, AR
    Ratings:
    +5,306
    Obamanomics is putting a huge strain on our economy. Can it recover? I certainly hope so. But how long will Obamanomics prolong the recession?

    Poll to follow.
     
  2. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,590
    Thanks Received:
    1,581
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,027
    The more he tries to stimulate the economy the more he's going to suppress any real recovery so it could take a while. I'm not going to speculate on how long it's going to take because who knows what they're going to try next. However, I will say that it's good they haven't resorted to any pronounced protectionism as Hoover did during the Great Depression.
     
  3. wimpy77
    Offline

    wimpy77 Member

    Joined:
    Jan 21, 2009
    Messages:
    591
    Thanks Received:
    10
    Trophy Points:
    16
    Ratings:
    +10
    how long is it going to take to recover from bush's stupidity? but i agree with kevin good thing he hasn't resorted to protectionism.
     
  4. xsited1
    Offline

    xsited1 Agent P

    Joined:
    Sep 15, 2008
    Messages:
    17,750
    Thanks Received:
    5,299
    Trophy Points:
    198
    Location:
    Little Rock, AR
    Ratings:
    +5,306
  5. Missourian
    Offline

    Missourian Gold Member

    Joined:
    Aug 30, 2008
    Messages:
    16,281
    Thanks Received:
    4,799
    Trophy Points:
    280
    Location:
    Missouri
    Ratings:
    +8,124
    An American "Lost Decade"?
     
  6. Metternich
    Offline

    Metternich Federalist Farmer

    Joined:
    May 25, 2009
    Messages:
    222
    Thanks Received:
    31
    Trophy Points:
    16
    Location:
    University of San Diego
    Ratings:
    +31
    The recovery will end, as soon as his investment ends.

    Our welfare system wholly forgets the facts at hand, that capital must be maintained intact if the future productivity of labor is not to be impaired. That you cannot take away money, hold it for a while, and give it back expecting some sort of miracle expansion of its value. This point is made even more clear when inflation is a fact of life, and that the government more often then not replaces the liquid capital with IOUs to pay for current expenditures. Indeed, it is a impossible state of affairs in which capital that can be used to benefit and improve the country through abstinence of its use (through private holders storing it in banks, or buying capital goods that incur additional value) is merely sequestered away as IOUs, after being spent, after being taken away from people arbitrarily.

    If we look at these dire indications, qualities, that insure one would cross on the other side of the street if Obamanomics comes down the way - then how about we consider accepting responsibility for our own actions? That they are actually a mistake? America has sacrificed enough of its dignity, enough of its employers, on an altar to the secular gods of social justice and economic equality. Forced religion was never built for American society much less applied at the point of a gun, equality for the only reason of indiscriminate, ambiguous benefits at the expense of our wider freedoms deserves no place in our hearts nor in our minds.
     
    • Thank You! Thank You! x 1
  7. Centrism'sVoice
    Offline

    Centrism'sVoice Seceded from USMB

    Joined:
    Jul 8, 2009
    Messages:
    813
    Thanks Received:
    58
    Trophy Points:
    28
    Ratings:
    +58
    What's Obamanomics?
     
  8. Metternich
    Offline

    Metternich Federalist Farmer

    Joined:
    May 25, 2009
    Messages:
    222
    Thanks Received:
    31
    Trophy Points:
    16
    Location:
    University of San Diego
    Ratings:
    +31
    Keynesiam, a few 'modern' (viz, backwards) touches for the cameras of the 21st Century but Keynesiam nonetheless.
     
  9. wimpy77
    Offline

    wimpy77 Member

    Joined:
    Jan 21, 2009
    Messages:
    591
    Thanks Received:
    10
    Trophy Points:
    16
    Ratings:
    +10
    i guess its supposed to a play off of reganomics.
     
  10. Modbert
    Offline

    Modbert Daydream Believer Supporting Member

    Joined:
    Sep 2, 2008
    Messages:
    33,178
    Thanks Received:
    2,957
    Trophy Points:
    48
    Ratings:
    +2,962
    $reaganomics.jpg
     

Share This Page