The connection between unemployment and the US president

Discussion in 'Politics' started by Billy000, Dec 2, 2011.

  1. Billy000
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    Billy000 Democratic Socialist

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    Does anyone know the actual influence Obama has over the economy? To what extent does an unemployment rate reflect Obama's leadership?

    Leave the political rhetoric out of this, guys. This question has a pretty concrete answer. Either you know or you don't.
     
  2. Vaard
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    Vaard Active Member

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    presidents get alot of blame... and credit.... where none is really due as far as their actions are concerned......

    that is just the nature of the presidents position......
     
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  3. Jarhead
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    Jarhead Gold Member

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    this is not rhetoric although it will sound like it.

    But it is fact and using Obamas talk as of late...

    The GOP believed little to no government intervention will help the economy grow.

    And so they bloacked any legislation...as Obama made clear..as well as Pelosi and Reid.

    And the unemployment numbers dropped.

    So it seems to me that the President should get absolutely no credit...

    He actually criticized those that stood their ground.....

    That is a sign of poor leadership in my eyes.
     
  4. PredFan
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    PredFan Gold Member

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    I can't explain it because I'm not an economist but a long time ago, before Obama, before Bush, before even Reagan, an economist friend told me this:

    A president cannot do much of anything to spur the US economy, but he CAN hurt it.

    I have always remembered that since.
     
  5. Billy000
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    Billy000 Democratic Socialist

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    Yeah, okay, so when the recovery is slow it's Obama's fault, but when there is a recovery you can thank the GOP:cuckoo:

    Typical rhetoric.
     
  6. Jarhead
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    Jarhead Gold Member

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    Excuse me?

    How about you read it this way...

    When governemnt intervened for a 2 year period, the economy would not recover.

    When the government did not intervene, unempoloyment dropped by over 5%
     
  7. Billy000
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    Billy000 Democratic Socialist

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    You pretend as though the GOP have the best intentions for the country in mind when it comes to legislation. You apparently don't know how politics work. The GOP did not block everything Obama came up with because it was "government legislation." They did it to make Obama look incompetant and weak. Like democrats, they are just as weak (if not more weak) when it comes to the competition in politics.

    Tell me, if this issue is so black and white, then why wasn't there any sort of economic recovery in Bush's last year of presidency?
     
  8. Jarhead
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    Jarhead Gold Member

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    you obviously have not read many of my posts regarding congress in the past. I do not beleive the president has any control over the economy. Only congress does. And as for congress, I am one of those that see them as a bunch of children wearing big boy clothes....all of them.

    Now...that being said...

    I am a firm believer that government intervention can nothelp the economy....but it most certainly can hurt it.

    I watched a congress with a majority rule of those with an ideology of "government can fix things" do all they can with top fix the economy.....and nothing got better....nyumbers actually got worse.

    Now....I am a conservative...so when a conservative politician speaks I do not hear it with spin....Ihear what they say.....so during the 2010 campaigns, I heard the GOP politicians say "vote for me and I will ensure the demiocratic policies will no longer stunt economic growth."

    NONE had a "plan to fix the economy". They all had the plan of "let the private sector do as they do best"

    Sure...their opponents spun it and said "he doesnt have a plan"....but that WAS the plan....the GOP candidates made it clear that their plan was to block any further legislation that spends money to fix the economy becuase SUCH ACTIONS DO NOT WORK.

    So they acheived a majority in the house and sure enough they did exactly what they said they would do...BLOCK ANY DEMOCRATIC INITIATIVES THAT WERE DESIGNED TO GROW THE ECONOMY BECUASE THEY DID NOT BELIEVE THEY WOULD WORK AND TO THE CONTRARY SLOW DOWN THE RECOVERY, IF ANYTHING...

    So when you say that I pretend to believe the GOP had the best intentions for the country.....well...first oif all...THAT is rhetoric from you so I suggest you practice what you preach......but all I know is that they did exactly what they said they would do....and based on the numbers that came out today, it seems it is working.

    As for Bush's last year...irrelevant....but a recession takes 6-18 months to recover if NOT TOUCHED BY THE GOVERNMENT......so I did not expect a recopvery until 2009.......unfortunately, as I expected, the stimulus stymied the recovery.....
     
  9. The Rabbi
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    The Rabbi Diamond Member

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    the recession started in August or so of 2008. Bush was out of office by Jan 2009. When was the recovery supposed to happen?

    Obama undoubtedly is the most anti business president in history, at least post WW2. His rhetoric and policies have scared businesses and discouraged hiring. There is no doubt about that.
     
  10. Jarhead
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    Jarhead Gold Member

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    Actually, the recession began in first quarter 2008....the financial meltdown that had nothiung to do with the recession became evident in late second quarter 2008...

    If not for the financial meltdown spurred by the housing bubble bursting, the recession would likely have entered a recovery by first quarter 2009. However, at that point, government intervention did exactly what I thought it would do....it prevented a recovery.
     

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