Is the Economy Getting Cleaned up?

Discussion in 'Politics' started by courseofhistory, Sep 7, 2012.

  1. courseofhistory
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    courseofhistory BANNED

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    Is the economy getting cleaded up? Yes.

    Krugman said Bill Clinton basically got it right. Obama did help the country get through a bad patch with the economy and put us on the road to recovery.
     
    Last edited: Sep 7, 2012
  2. Erand7899
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    Erand7899 VIP Member

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    Krugman is about as wrong as wrong can be, but he has to stick with his brand of economics, or he will be revealed as the fraud that he actually is. Obama did little but tinker with the fixes that the Bush administration put in place before Obama took office. He didn't deal with the pending financial meltdown, since that was already averted. He used it to reward his campaign contributors.

    The recession ended in June of 2009, before any of Obama's attempts at stimulus had a chance to take effect. Much of that went to reward more of his campaign contributors, and finance his efforts on green energy.

    Krugman has been right about one thing. He defines a recession as a drop in economic activity, and a depression as the economy staying on the bottom beyond the end of the recession. Under his terms, Obama has converted a simple recession into a depression.
     
  3. IGetItAlready
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  4. Quantum Windbag
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    Quantum Windbag Gold Member

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    Krugman? Isn't he the guy that said he was happy we didn't get a deal to reduce the deficit?
     

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