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Originally Posted by TheDoc
Okay... Bush didn't actually have an economic plan, well not one that he even kinda stuck to at least. Obama does though, and he has stuck to most of it - worked or not, makes no difference.
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Uh having no plan and having a failed plan are in the same category. And throwing money at the problem Keynesian style isn't a plan, it's a prayer.
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From what I know of Keynesian economics, it means someone that corrects problems in business, gov spending, tax breaks, things along those lines. If you look forward at what Obama has planned, you'll see this in action.
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Keynesian economics are based on fundamental flaws and they haven't worked in the past. The only way they could conceivably work is if we were running surpluses. The LAST thing a logical economist would do would involve "stimulating" the economy through quantitative easing while we're running astronomical deficits.
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Obama could have killed the bailout bill when he came into office... he didn't have to let it go through, I agree. I do blame Bush for the mess we are in and I can't blame Obama for the mess we're in and I don't expect him to turn it around in two years when no other President in history has ever done that without some extreme injections by the Gov.
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Bullshit, because Clinton started the mess in the first place, just in case you're trying to blame one party in particular. Obama is underqualified for his position and we're beginning to see that now. Liberals love the position they're in because if Obama succeeds, they can praise him but if he fails, they can blame Bush. Those double standards are illogical and therefore don't work. Obama has failed not because of Bush, but because of his flawed fundamentals and those of the morons he's hired.
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It's not that GFY has more left or right, it's most people can't talk politics on either side. I've talked with MANY people that have said they wish they could get into these threads but they just don't stay up with the range of politics/eco stuff enough to truly inject and backup what they say.
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Well, there are very few people here that can be objective.
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Liberals or the left aren't out saying Obama is doing a good job (I'm sure some are), What they're saying is he isn't destroying the Country, that his policies aren't killing us and to wait and see if he says he will do what he said. No doubt in my mind if he blows this, the liberal/left/dem is going to rip his ass apart during the election, assuming the GOP gets someone half ass decent in the chair.
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But his economic policies ARE destroying the companies. The massive money printing/quantitative easing has been a complete failure. The cash for everything programs have been a failure. Neither Bush nor Obama understand their economical failures, which is why they continued to make the same mistakes.
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I will say this... with so much b.s. going on - I think he has done a great job stopping the drops. I think it was smart he went through with the org military plan and then changed our mission/target. As well, I think the tax cuts and any tax benefit at this time needs to be corrected/removed. As he stated, correct the holes, the leaks, etc and then we can come back and cut the budget and taxes.
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Stopping what drops? Unemployment fluctuates weekly and monthly. His policies have become such a failure that the CBO and the FED have to reduce their "predictions" so as to not send the American public into a saving frenzy.
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Either he's barking up the conservative tree or he's hiking his leg to take a piss on it... time will only tell. If he doesn't live up to what he said he would do or at least try it, I'll join the hate wagon and bitch like everyone else! But at this time, he's been doing exactly what he said he would.
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I don't hate the guy, I just think that he's a great speaker and an incompetent leader. At least Clinton was both a great speaker and a great leader.