Why Haven't Obama's Policies Helped The Economy?

Discussion in 'Economy' started by PLYMCO_PILGRIM, Sep 15, 2011.

  1. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    Why? My Opinion is that he hired a bunch of academics to get ideas from instead of listening to people who work in business. In theory (get it ;)) this is a fine idea and could work but in reality it didn't work.

    On top of this, after these advisors' ideas have been showed to fail in other countries and are now failing in our country Obama, through his new jobs plan, wants to double down on the same "solutions" we have been using for over 2 years now with no success.

    This video explains it so perfectly.

    [ame=http://www.youtube.com/watch?v=tsZpWej8pF4]I Don't Understand with Obama - YouTube[/ame]
     
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    Last edited: Sep 15, 2011
  2. Truthmatters
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    Truthmatters BANNED

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    The stimulus worked
     
  3. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Prove it
     
  4. Dr.House
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    Dr.House Lives on in syndication!

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    Yes... We're all fucking swimming in cash now..


    Idiot...
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Like FDR and LBJ, Obama's economic policies are SUPPOSED to spread misery and poverty and breed a new generation of government dependent loyal Democrat voters
     
  6. Raoul_Duke
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    Raoul_Duke Member

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    The 2008 meltdown created a three trillion dollar hole in the economy. Obama tried plugging it with a less than one trillion stimulus. We're also facing massive unemployment, something that's a legacy of the 2008 meltdown and that can't really be blamed on Obama. We're also facing a consumer strike, as consumers (consumer spending is 70% of GDP) cut spending as their equity (house, stockls) is shot to bits and they don't know if they'll be in employment next month.

    So there's really not a lot he can do. Further stimulus is off the table due to the GOP, consumers aren't going to feel like spending until they've reduced their debt and feel secure in their jobs and the economy in general. It's going to take a long time for things to get better, and it doesn't look like they will anytime soon.
     
  7. Foxfyre
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    Foxfyre Eternal optimist Gold Supporting Member Supporting Member

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    This Administration's policies aren't working because they focus all the power with government and seek to increase that power. They leave nothing for the private sector to do but be good little sheep and obey.

    Because so much is right out of the Alinsky playbook or even parts of the Communist Manifesto which our Fearless Leader hasn't figured out yet is bothering a huge segment of the population, many who don't even identify the concepts with a label. People who are uncertain and anxious tend to depress instead of expand economic acivity.

    Because this is the most business unfriendly and repressive administration in my memory.

    Because they have been systematically and incrementally dismantling the free market system which is the engine of a sound and robust economy.

    There's more but that's a good start.
     
    Last edited: Sep 15, 2011
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    It did. It kept unemployment above 9%
     
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  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Krugman? Izzatyou?
     
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  10. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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