What would you have done to save the economy?

Discussion in 'Politics' started by shintao, Aug 27, 2010.

  1. shintao
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    shintao Take Down ~ Tap Out

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    I hear the complaints about Obama, so it's a fair question to ask, if not Obamas way, what was your solution to boosting the economy??:eusa_whistle:
     
  2. Oddball
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    Get the hell out of the way and quit pretending that printing up and spending a squillion jillion dollars that you don't have is going to help.
     
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  3. Mr Clean
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    Cut taxes for the wealthiest Americans and watch the money come trickling down like Manna from Heaven above.
     
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  4. Wry Catcher
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    I would have asked the Congress to fund several nation-wide massive building projects:

    Rebuilding the electrical grid, including the planning and construction of nuclear power plants; building inter and intra urban railways; and building canals for transportaton of goods/people and flood control.
     
  5. shintao
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    America was pretty much out of the way when the housing market, wallstreet, stock market, banks, etc. went down the tubes. Any other ideas?
     
  6. iamwhatiseem
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    iamwhatiseem Gold Member

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    It is a fair question...however a question I wonder if you would ask if McCain won.
    The truth is, the President cannot "fix" this economy.
    This thing was established in the 80's and made exponentially worse by policies on BOTH sides for 30 years.
    Thinking that someone can walk into office and fix it is infantile.
    You can't reverse 30 years of greed, corruption and bad policies in one year.
    Even the Wizard of O.
     
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  7. shintao
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    I have never seen that work in America, have you? And how would tax cuts pay the interest or principle on the US debt?
     
  8. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    If you count high regulation and the Federal Reserve manipulating the interest rates as "pretty much out of the way," then yeah you'd be right.

    As for what I'd have done, nothing. Let the recession do what it's supposed to do.
     
  9. Oddball
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    Like hell it was.

    Wall Street and banking are amongst the most heavily regulated areas of the economy and still we ended up with Enron, Tyco, Madoff, the Fannie & Freddie skimming scam, on and on and on.

    Yet somehow, the failure of the regulators is somehow evidence that they need more power?
     
  10. Wry Catcher
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    LOL, he has no ideas, he simply repeats talking points.
     

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