obama's handling of the economy

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obama economic competence view

  • is obama handling the economy well

    Votes: 8 8.5%
  • is obama doing satisfactorily

    Votes: 12 12.8%
  • is obama doing poorly

    Votes: 20 21.3%
  • is obama losing control

    Votes: 54 57.4%

  • Total voters
    94
Quote from Emini Maestro:

Oh yeah I can, the guy has incurred more current and future national debt than all previous Presidents combined. Top that one, in less than a year.

As for your sweeping generalization, he did not originate most of these problems, he just made them worse with his choices. Yeah, there's change for ya. End.

Oh man. I'd prefer not to defend him, but saying that his actions have had the worst effects on our financial system, ever, totaling everyone who has ever been elected - in less than a year - is completely asisine. I mean he's good, but I don't think he's that good.
 
Quote from Emini Maestro:

Oh yeah I can, the guy has incurred more current and future national debt than all previous Presidents combined. Top that one, in less than a year.

As for your sweeping generalization, he did not originate most of these problems, he just made them worse with his choices. Yeah, there's change for ya. End.

Maestro, if you don't mind, a friendly correction. The future debt, compared to current projections, may actually be reduced by actions now and in the next three years. Let us hope so. As for the debt incurred this year, that is due primarily to the combined forces of the U.S. Congress and the Bush/Cheney administration, and prior administrations.
 
Quote from piezoe:

Maestro, if you don't mind, a friendly correction. The future debt, compared to current projections, may actually be reduced by actions now and in the next three years. Let us hope so. As for the debt incurred this year, that is due to the combined forces of the U.S. Congress and the Bush/Cheney administration.

You are correct. It may also be increased axiomatically by the administration, whose demonstrated predelection to raise taxes and public debt should be alarming to anyone who pays taxes. No President in US history has put the people's butts in such a sling as Obama has, with no plan to pay for it all... except more taxes. Hope does not reduce debt or eliminate interest paid to service the national debt which, by the way, has not seen a principle payment since Obama took office...
 
Quote from Emini Maestro:

You are correct. It may also be increased axiomatically by the administration, whose demonstrated predelection to raise taxes and public debt should be alarming to anyone who pays taxes. No President in US history has put the people's butts in such a sling as Obama has, with no plan to pay for it all... except more taxes. Hope does not reduce debt or eliminate interest paid to service the national debt which, by the way, has not seen a principle payment since Obama took office...

Please understand that I share your concern. I consider inflation to be just another form of taxation and in some respects I prefer direct taxation to inflation if we have to have either. While we hope the Obama administration does not worsen our rather dim economic prospects, and it well could, I think you would have to agree that at least up to now the Obama administration has had very little to do with the current economic mess.

If we are going to insist on placing blame for the current economic situation, perhaps we should focus more on Greenspan, Cox, and the glee with which the former administration invaded Iraq while ignoring the counsel of our Secretary of State and those in the CIA who raised questions about the reliability of the intelligence reports. We also should give appropriate credit to the previous Congress for being a little too gullible, don't you think?
 
No point on hanging on Obamas dick

This entire mess started decade ago with a third rate actor who acted his way into the presidency.

SnL Bailout

Created the Al Quaeda

Started the republican unamerican mantra of increased govt spending while reducing revenue

Started the entire illegal immigration mess with his amnesty programs to help farmers and meat industry

Started the republican policy of engaging in useless wars

Began the process of selling govt to the highest bidder.

Began the NAFTA process to help export jobs over seas


and for the right wing morons who frequent this site. Bush the monkey and his republican unamerican goons in congress pushed the $1 Trillion bailout of wall street and the too-big-to-fail BS.

In short. Keep republicans out of power and we'll be ok. Fucking imbeciles are all incompetent and crooked.
 
Quote from piezoe:

Please understand that I share your concern. I consider inflation to be just another form of taxation and in some respects I prefer direct taxation to inflation if we have to have either. While we hope the Obama administration does not worsen our rather dim economic prospects, and it well could, I think you would have to agree that at least up to now the Obama administration has had very little to do with the current economic mess.

If we are going to insist on placing blame for the current economic situation, perhaps we should focus more on Greenspan, Cox, and the glee with which the former administration invaded Iraq while ignoring the counsel of our Secretary of State and those in the CIA who raised questions about the reliability of the intelligence reports. We also should give appropriate credit to the previous Congress for being a little too gullible, don't you think?

As I have posted elsewhere, Obama is just a black Bush. I know it really matters nothing which party is in the House. They are two sides of the same coin. However, the numbers, even the official ones from govt, show quite decisively that Obama has made our economy worse and has no plans to reverse his practice. Quite an accomplishment in less than a year. Lynden Johnson began the race to the bottom via exporting living-wage jobs, followed by every President through present, especially NAFTA and GATT, designed by Bush Sr. and signed into law by Bill Clinton.

Words mean nothing in politics, but smoke to confuse, impress and play with the masses, the people who pay for it all. Actions are the only measure of stature, for good or not. Obama confirmed Mr. Printing Press Bernanke this year... have you seen the money supply jump in this year alone? Yes, without a doubt, Obama is responsible for this year's inflation and the underlying loss at the dollar level. The numbers are obvious, the timing unmistakeable, the choices by design.

The people's "representatives in the House and Senate" are a joke; they are servants to the elite and their institutions, including the Fed. They have not heeded the will of the people for a long time now, and they would indeed be fools to do so, given their reward for the opposite. They make hundreds of decisions per session, of their own will and those influencing them, but the people only get to make a choice once every two years. Not that I would favor a straight democracy either, since that is a proven disaster.

Also as I have written elsewhere, I care not about politics or about the economy as a whole anymore, as me and mine are not affected by it, and it is out of my individual control. The nation I care about, the economy not at all.

Those supporting Obama have the propensity of blaming anyone but the ones at the controls. It simply doesn't fly. End.
 
Quote from fkbsuhites:


and for the right wing morons who frequent this site. Bush the monkey and his republican unamerican goons in congress pushed the $1 Trillion bailout of wall street and the too-big-to-fail BS.


Oh puhleeze the democrats could have stopped the bailout at ANY TIME of their choosing.

As a matter of fact not only were they (dems)virtually orgasmic at the spending, some dem hacks were miff that the spending was just too NIGGARDLY!
 
Quote from piezoe:

I am one of the now 5 who voted that he is doing well. Of course i'm not happy with the U.S. economy, who could be? If you are one of those on the take these last few years and are now sitting pretty with your ill begotten millions. than I suppose you also recognize that the economy is wrecked, but you don't care, you've got yours.

I looked at this issue from the standpoint of what Obama was handed, the very brief period he has been in office, and what his decisions have been. He was handed a disastrous situation, but at the same time the government response had already been set in motion by the Bush/Cheney administration. His major decision was not to change horses in mid stream but continue with the programs all ready begun. I think that was the right decision, but that does not mean that there might have been a better way to handle the situation had he been involved from the beginning. He was not.

Obama's style of leadership is one of compromise and of consensus building. He is proving to be fairly conservative. His appointments have been quite good overall in that he has appointed highly qualified individuals. I certainly haven't agreed with all of them, but the fact that these appointments have gone to the highly qualified is a very refreshing change from the previous administration's policy of putting ideology and political considerations above competency; remember: Brownie, Miers, Gonzales, that horrid idealog Ashcroft, (uncharacteristically qualified, but dangerous), Cox, and the list is practically endless.

So on a relative scale I have to give Obama high marks. On an absolute scale of course, where no consideration is given to what one has to work with, his marks on the economy could not be better than say C- and possibly no better than D+. But realistically look at the constraints and you have to conclude that it would be extremely difficult to do better without creating an even worse nightmare down the road.

no offense pal but that is complete and utter bullshit

let me correct what you said and lay it out it laymen s terms exactly how it is

1. Osama is a socialist

2. he has not done 1 thing correct.

3. he is ruining this country more and more every day he is in office


what he did wrong
1. the bailout------- are you fucking kidding me with that shit

2. cash for clunkers---- lmfao

3. the health care bill-----------blow me

4. if you are fighting a fucking war and your fucking general says he needs more fucking troops then you send the fucker more fucking troops----THAT FUCKING DAY--- not "let me think about it for 6 fucking months"



what he did right


1. not one fucking thing


i cannot believe that people support his actions and you still consider yourself an American

Obama and Pelosi should be hung from the courthouse steps
 
Quote from TheMan:

"... what he did right


1. not one fucking thing


i cannot believe that people support his actions and you still consider yourself an American

Obama and Pelosi should be hung from the courthouse steps

PATRIOT!!
 
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