Discussion in 'Economy' started by Gunny, Dec 7, 2008.
He's talking a good game. I'd say if any, this is one he better deliver on.
i agree, and from your mouth to God's ears, may he be able to do something to help us....we will see, i suppose.
He knows he has to warn people otherwise he will be another Van Buren or Herbert Hoover! Some people don't understand our economy isn't going to be a quick fix and that he doesn't have super powers.
Anybody who has been paying attention knows that this is just the start of bad times. It's going to take time to clean up the mess left by a quarter century of failed economic theory.
You say we have had a quarter century of failed economic theory. If our economic theory is failed, what theory do you suggest would be a good one?
The truth is that our economic theory is a good one; the best available. If there is a flaw, it comes from people themselves for not saving money. We have one of the lowest savings rates in the world. I'm no different. We spend what we make, which is great, but everyone needs to learn to save something.
Even with that, we would still have ecomonic ups and downs. But if people saved even a small percentage of their earnings, there would be a little bigger safety net for everyone.
The President does not generally have a great deal of impact on the economy.
unless it's Booooshh
Why didn't they pass the amendment to force government to balance the budget or don't spend beyond its means. Then we wouldn't have budget deficits and whatever surpluses should be kept for future budgetary purposes.
I love how fearless leader to be, the purveyor of hope and change, the greatest orator of our generation can only say things are going to get worse rather than saying oh I don't know something like:
My fellow Americans, be assured in this difficult time that we are working tirelessly to bring our country through these trials. I am confident that, while we face challenges ahead, America and her people will, with the indomitable spirit and perseverance that we have always shown, come through these uncertain times better and stronger than ever.
You know something that inspires not dejects.
Could it be that fearless leader to be is trying to convince us all that things are so bad that we have no hope but to trust his grand schemes of a government that must grow to meet the needs of the people. He will swoop in on his winged white unicorn showering us with government programs and stimulus checks like manna from heaven. Oh hail Obama, hosanna.
Inspire fear so that he can bring hope. Pretty slick huh?
He's right. Congress has a bigger impact on the economy than the President. Expect no relief until at least 2011.
Separate names with a comma.