Quote:
Originally Posted by Vendzilla
I know that the president has little power, just why I don't blame all the recession on Bush, we've had a dem lead house and senate since 06, when did things go to shit?
OK, think of it this way, for 1 year Obama had ultimate power, he had a democratic house and senate. Did he improve the economy, no, unemployment rate, no. He spent the whole time on something that will cost us too much. We now have government controlled mortgage market, car makers, health care and now the banks. The government has grown by 25% in 18 months. Of course Obamanation says we are headed in the right direction, I just don't see it.
And Clinton's popularity went up
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The 1 year that you are speaking of...his and the actions of the Congress...may have improved the economy (many economists think so...many don't)...and the unemployment rate...in the sense that it may have saved a major recession (which he inheirted) from slipping into a major depression...and keeping the unemployment rate as low as it is.
I personally think that it will take 10 years or more to reverse what is almost a total economic break down...providing that a reversal is even possible. I personally think that over 50% of the currently unemployed will never get their jobs back and that the current number of unemployed will never be reduced by 50%. I personally think we peaked and will basically just stumble along from here on out.
But these are just my thoughts...and I do not know anymore than the next person...and my thinking is just that...thinking. I am not and will never become an activist.