Obama's Economic Policy

Discussion in 'Economy' started by usmcstinger, Oct 15, 2012.

  1. usmcstinger
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    usmcstinger Silver Member

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    What is the name of his Economic Policy and how does it work?
     
  2. Nova78
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    Nova78 Silver Member

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    Obama's Economic Policy - There is none $3562723908.gif
     
  3. Rshermr
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    Rshermr VIP Member

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    Nova, of course, is lying. Always does. Makes you wonder why. But that is just Nova. He is a con tool who says whatever he wants others to believe, truth be damned.
    The Obama economic policy is based on the idea of stimulating the economy, which has had a serious unemployment problem since he took office. So he has proposed a "jobs Program" that includes gov expenditures in infrastructure, education and other areas. It has not been implimented, however, as repubs in congress have filibustered it in the senate on every occasion. Until they took over the House two years ago, and since then they have refused to bring it to the senate. So, they have effectively blocked every effort at this president exercising his jobs program.

    Here is an analysis that is NOT political:
    Freakonomics » Obama’s Jobs Bill: A Reasonable Plan
     
  4. expat_panama
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    expat_panama Silver Member

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    There is but names are avoided. Economic policy has included government management, wealth redistribution, and winning the fight to defend the 'have-nots' from exploitation by the 'haves. The obvious category these themes fit into is 'Marxist Socialism', but our leaders don't even what to be called 'liberal'.
     
  5. tjvh
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    tjvh Senior Member

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    Ponzi... It doesn't.
     
  6. usmcstinger
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    usmcstinger Silver Member

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    Answer: Keynesian Economics which has never had a long term positive out come. If you want to know how well it works, take a look at Greece, France, Italy and Spain.
     
  7. TNHarley
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    TNHarley Gold Member

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    Probably because it sucked just like his budget plan that got shut out 97 - 0.
     
  8. Freemason9
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    Freemason9 Gold Member

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    This is a downright dumb comment. Even Reagan acknowledged Keynsian drivers in economics; why do you think he cut taxes? It has the same effect as spending increases; it allegedly pumps up economic circulation of currency.

    Don't overthink this, usmcstinker. This is fundamental economics--and remember that the ONE THING that invariably tanks world powers is concentration of wealth.

    That's would should concern you. It won't, but it should.
     
  9. iamwhatiseem
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    iamwhatiseem Gold Member

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    I call it multiple personality economic policies.
    One one hand, he is very clearly supportive of massive social handouts, and even tried to undo the welfare reforms Clinton installed. But on the other hand he has presided over the single largest trickle down economic policies this country has ever seen....or any other country for that matter.
    He wants to tax the wealthy more to redistribute that money to have nots - but at the same time takes massive funds from the middle class and hands it over to the wealthy.
    It's a little crazy.
    The closest term I would apply is a plutocratic policy.
     
    Last edited: Oct 15, 2012
  10. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    the idea of pump priming is 1000% idiotic and perfectly liberal. Here's Econ. 101 for you:

    When you tax you depress the real economy and when you spend you create mal-investment as opposed to real investment. Over your head?? So, taxing causes depression or recession and using the money to creat mal-investment makes it worse with soviet Solyndra bridges to nowhere. Now even you can understand how FDR kept the Depression going so long and how Barry is on the same track.

    if the economy would take care of itself with tax and spend pump priming the whole world would would know it, recessions and depressions would be long lost history, you complete liberal idiot!!, in fact 10-50% growth would be the norm thanks to so called never ending tax and spend stimulus. We'd be economic heaven right now as the Feds are spending $4 trillion a year up from $2 under Bush!!!d

    Once "underway" with liberal, Solyndra, soviet, bridge to nowhere, mal- investment stimulus the economy will go into recession as the free market puts things back into their Republican capitalist places.

    Now even you know what a recession really is!! Actually it's like now when we are waiting for the free market to correct the liberal housing bubble and all the distortions it created in the Republican free market.

    See why we are 100% positive a liberal will be slow??
     

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