Quote:
Originally Posted by Slutboat
Had McCain won we would very likely be in the midst of the worst depression in history.
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Meh. If McCain got in we'd be likely in pretty much the exact same spot... Similar level of stimulous, similar job numbers. We wouldn't have had the whole healthcare debate, and the Tea Party movement wouldn't be a tenth of the current size but that's about it really. There is nothing much either president can/could do in such a short time to such structural and systemic problems other than the things the republicans proved they would be doing as they left office (bailouts and stimulous). I believe McCain would have been far worse, but you wouldn't really see a lot of the effects until a few years down the track... Roughly when Obama's fucking up of healthcare and financial reform come back to bite him in the ass as well... Basically both parties love bailouts and stimulous when they're in power and they're the main short term economic drivers (interest rates aren't in their control and the tax differences are negligble in this context.)