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Originally Posted by Rochard
Yes, the economy goes through changes.... But the President and our government has a huge impact on this. Bush failed us. He didn't just fail us, he failed us in a spectacular fashion. Do I think Obama was our hero and our savior? No, not really. The one thing we needed most to fix this was time and that's what Obama got. Basically Obama didn't fuck it up even worse.
But of course you are right. The economy is still bad, unemployment is still massive, people are losing their jobs, and people are losing their houses.
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Yes, Western economies go through periods of boom and bust. Because we're basing our economies on casinos not production.
Casinos that are uncontrolled and can sell $1 for $2 are always going to collapse when people realise $1 is only worth 90 cents. The insane part is the people placing the bets get a % for just placing them. Look at the list of donors to see why the markets are allowed to scam us.
Go back 50 years and economies were less likely to go from boom to bust, except for the Great Depression where the markets fucked us first.
Ford to More Than Double Mexico Production Capacity in 2018 - WSJ
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Don't tell us the President has no control over this, and don't tell us the President doesn't make laws. What President Bush should have done was get together a number of people from Congress, sit them down, and say "Times are good right now but this is going to be a huge problem shortly and I need you to sponsor bills that will become laws that will help prevent this". And this just didn't happen. Our president failed us.
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You don't get it. If they stop this merry go round. The donors pull their money out so the politicians lose their jobs. It's not just the President, it runs right down to Mayors.