jillian
Princess
For nearly 30 years, the policy practice of deregulating industry has destabilized our economy and produced internal economic bubbles that provided extravagant boom/bust cycles with abnormally sharp peaks and increasingly less distribution of wealth throughout our social structure, such that the Haves' have increased wealth at a massively disproportionate rate over the have Nots'. Those are the facts which are not in dispute.
For nearly 30 years, Executive compensation and Golden Parachutes are up, employee salaries are down, the American Middle Class is being destroyed by the hour and American Middle Class Jobs have been packed-up and shipped off-shore. Those are facts which are not in dispute.
For nearly 30 years, the High School drop-out rates have increased, College tuition costs have increased, College graduation rates have decreased and four year technical degree completions have been cut by more than half, while business related degree completions have increased by more than 275% over the exact same period. These are facts which are not in dispute.
$50 Trillion in global wealth was wiped-out as a direct result of the 2008 global economic implosion. Consumer debt in the U.S. since 2000, has increased geometrically and consumer credit default rates have more than tripled in the same time. Since the invasion of Iraq, in 2003, global fuel prices have driven commodity prices higher and the cost at the pump as well as the grocery store check-out stand were the resultant children and the USD tumbled in value both internally and externally against most major currencies around the world. These are facts not in dispute.
Both, political policy and U.S. corporate practice have brought us to this point. The most deployed political policy over the past 30 years has been that free market reign -aka- Trickle Down Economics. A simple minded economic theory that says: hands off the free market - allow the free market to regulate itself, monitor itself, stabilize itself, and in doing so, the free market will make all the right decisions for the broader economy. Survival of the most fit. Trickle Down has miserably failed our Republic. These are facts not in dispute.
Presidential hopefuls as well as political adversaries, are making the claim that President Obama, is a "failed President," because the economy is not producing the 2.1 million jobs necessary to replace the 8+ million jobs lost under the previous Administration over the prior eight years before Obama's term in office. These are facts not in dispute.
So, here is my question:
If the political and economic policy that helped to cause the 2008 global meltdown, comes from the exact same source that lays failure at the doorstep of President Obama, how is it logically possible for the current set of Presidential hopefuls to have sufficient economic high-ground necessary to provide the policy solutions needed to solve the current economic crisis?
In other words, if you created the problem, when did you magically obtain the credibility, know-how, desire and the will necessary to provide the solution to the problem you created more than eight years ago?
Furthermore, if you created the problem more than eight years ago, what qualifies you to lay blame at the doorstep of those who have attempted to solve the problem that you created, and why should the American People trust you to solve the problem that you could not solve more than eight years ago?
You know - as I sit here over the past 3 years and listen to irrational, illogical, unsubstantiated, unproven and massively hypocritical attacks on President Obama, for not cleaning-up the mess left behind by his political adversaries fast enough, I'm reminded of reminded of the little African American Slave boy who gets whipped by his Slave Master for not cleaning up the spilled Whiskey fast enough, left behind by the "Master" himself.
President Obama, has had to play the role of Janitor In Chief, for the past 3 years - cleaning up a global toxic waste dumping zone left behind by those seeking Iraqi PSA Oil contracts and Derivatives profits from destructive financial bubbles that were engineered and arranged by the very same people who have since turned their back on the President and now label him as "failed."
If that is not the very definition of twisted, then I don't know what qualifies.
- Create the regulatory environment for the mess
- Create the rules for how the mess turns into a bubble
- Create the trigger for the fall of the mess
- Execute the mess
- Get reimbursed for the mess you created by tax payers
- Sit back and lay blame for not cleaning up the mess fast enough
- Run for President and proclaim that YOU have the fix for the mess
What a sales job. And, what's even more disgusting is the fact that millions of Americans will buy it.
How reprobate have we become as American Citizens?
Can't tell you how shallow and inadequate this is -- considering it's the 97th thread this month repeating the same talking points. MOST of which ARE in dispute -- contrary to the childish assertion that they are not. To begin with consumer debt has DRAMATICALLY decreased since the 2008 implosion. People realized that THEY are severly overleveraged.
Which leads to all those "wealth gap" numbers. Not really descriptive of standard of living at all.. Manipulated and processed beyond use (kinda like Nutella). For instance, most of my Cali buds had 80% of their "wealth" in their homes. And they USED that wealth like a checking account. Need a new Mercedes? Refi -- the house.. Want to add a 2nd story to that overvalued piece of Cali crap housing? Refi -- the house.. Need to send the kids to Stanford? Refi -- the house. IN FACT -- You could live in $800K home, have 2 luxury cars in the driveway, and a kid at Stanford and YET --- your "net worth" for those famous leftist polls could easily be under $100K.
Simplistic, repetitive and shallow.. You want to contribute to solutions on a message board? Try being a little more thorough and a lot more humble...
Yup -- I just quoted myself for the benefit of Cuyo and Jillian to demonstrate how not ALL us righties attack and dodge.. That's what happens whenever WE try to engage in rational debate about these same repeated talking points..
You guys invented the dodge.. Same shit for 100s of lefty sponsored threads. No wonder some folks are getting tired of honest debate..
BTW Jillian -- there's a couple examples in my response to SHOW exactly where these arguments are wrong or weak..
I'm going out to run some errands, but I'll look when I come back. For the record, I think he's pretty on track. But I'll look. And thanks for responding.