How Obama's Long Game Will Outsmart His Critics

The difference between the Reagan "early years" and the Obama "early years" is that in his first two years, Dutch Reagan did the hard work of tackling the stagflation that he inherited from Jimmy Carter by having the Fed tighten up the money supply...an action that made unemployment rise. Once he had inflation under control, Reagan cut taxes and the economy took off...leading to the longest period of continuous economic growth in our nation's history. In contrast, Barack Obama has had the Fed keep printing money like crazy to try and stimulate the economy and kept interest rates as close to zero as possible. There is no economic boom waiting around the corner for Mr. Obama because he hasn't laid the groundwork for that to happen. Sorry, Erik...but your guy doesn't understand economics and brought in a team of economists that were equally clueless.

Ummm...that was Volcker who attacked inflation, and was originally appointed under the Carter administration.
 
The job collapse bottomed out at the beginning of 2010, as the stimulus took effect. Since then, the U.S. has added 2.4 million jobs. That’s not enough, but it’s far better than what Romney would have you believe, and more than the net jobs created under the entire Bush administration. In 2011 alone, 1.9 million private-sector jobs were created, while a net 280,000 government jobs were lost. Overall government employment has declined 2.6 percent over the past 3 years. (That compares with a drop of 2.2 percent during the early years of the Reagan administration.) To listen to current Republican rhetoric about Obama’s big-government socialist ways, you would imagine that the reverse was true. It isn’t.


:clap2:

The difference between the Reagan "early years" and the Obama "early years" is that in his first two years, Dutch Reagan did the hard work of tackling the stagflation that he inherited from Jimmy Carter by having the Fed tighten up the money supply...an action that made unemployment rise. Once he had inflation under control, Reagan cut taxes and the economy took off...leading to the longest period of continuous economic growth in our nation's history. In contrast, Barack Obama has had the Fed keep printing money like crazy to try and stimulate the economy and kept interest rates as close to zero as possible. There is no economic boom waiting around the corner for Mr. Obama because he hasn't laid the groundwork for that to happen. Sorry, Erik...but your guy doesn't understand economics and brought in a team of economists that were equally clueless.

Reagan tripled the existing debt to buy his way out of a recession. He increased the size of government to bring down unemployment

Republicans are stonewalling Obama to prevent him from doing either
 

The difference between the Reagan "early years" and the Obama "early years" is that in his first two years, Dutch Reagan did the hard work of tackling the stagflation that he inherited from Jimmy Carter by having the Fed tighten up the money supply...an action that made unemployment rise. Once he had inflation under control, Reagan cut taxes and the economy took off...leading to the longest period of continuous economic growth in our nation's history. In contrast, Barack Obama has had the Fed keep printing money like crazy to try and stimulate the economy and kept interest rates as close to zero as possible. There is no economic boom waiting around the corner for Mr. Obama because he hasn't laid the groundwork for that to happen. Sorry, Erik...but your guy doesn't understand economics and brought in a team of economists that were equally clueless.

Reagan tripled the existing debt to buy his way out of a recession. He increased the size of government to bring down unemployment

Republicans are stonewalling Obama to prevent him from doing either

Sure they are.
 
The job collapse bottomed out at the beginning of 2010, as the stimulus took effect. Since then, the U.S. has added 2.4 million jobs. That’s not enough, but it’s far better than what Romney would have you believe, and more than the net jobs created under the entire Bush administration. In 2011 alone, 1.9 million private-sector jobs were created, while a net 280,000 government jobs were lost. Overall government employment has declined 2.6 percent over the past 3 years. (That compares with a drop of 2.2 percent during the early years of the Reagan administration.) To listen to current Republican rhetoric about Obama’s big-government socialist ways, you would imagine that the reverse was true. It isn’t.


:clap2:

about half of those Govt jobs were from the Post Office.....and Obama had nothing to do with that....

I'm not applauding job losses in the public sector nor do I care if the Prez is responsible for them because I view it as a negative whoever is responsible. I'm applauding Sullivan pointing out how full of shit RW attacks on him on that subject are.
 
How Obama's Long Game Will Outsmart His Critics

"In running for re-election, Obama will be able to say he delivered on four core objectives: restoring economic growth in one year after inheriting the worst recession since the 1930s; ending the wars in Afghanistan and Iraq; delivering universal healthcare; and saving the now buoyant American auto sector. And Romney wants to run against Obama's record.

Go for it, Mitt."


:woohoo: . :woohoo: . :woohoo: . :woohoo: . :woohoo:
 
What a great article I just read by Andrew Sullivan. It's the best one about President Obama that I have seen in a long time. A sample:

A president in the last year of his first term will always get attacked mercilessly by his partisan opponents, and also, often, by the feistier members of his base. And when unemployment is at remarkably high levels, and with the national debt setting records, the criticism will—and should be—even fiercer. But this time, with this president, something different has happened. It’s not that I don’t understand the critiques of Barack Obama from the enraged right and the demoralized left. It’s that I don’t even recognize their description of Obama’s first term in any way. The attacks from both the right and the left on the man and his policies aren’t out of bounds. They’re simply—empirically—wrong.

The article is four pages long. I hope you will all read it.

Andrew Sullivan: How Obama's Long Game Will Outsmart His Critics - The Daily Beast
Excellent Delusional Comment
 
Lame duck Obama has his long game in full swing as he is scoring victory after victory

Cuba recognition
Iran nuclear accord
Yet another Obamacare victory

What has the Republican Congress accomplished? Oh yea.....they shut down government
 

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