I was just wondering your thoughts about this. I have heard the argument that he needs time. Well, it has been almost a year, is the country any better off now that he is in office? Do you see improvements?
I was just wondering your thoughts about this. I have heard the argument that he needs time. Well, it has been almost a year, is the country any better off now that he is in office? Do you see improvements?
I think it's pretty obvious the economy is turning around. What the price for that turn around will be is still up in the air.Originally Posted by 543 Double Play
He hasn't done much of anything else though.
Do any of the old-timers remember the "Should NB have his moderator status removed" thread before it got deleted?
Do you think the economy is turning around because of all the money that was pumped into it with the bailouts? Or do you think it was a result of his economic gameplan?
Considering how bad things were and the overall situation he wanted to be elected into, I say he's made some progress. But those problems (2 wars, economy, health care reform, etc) aren't things that can be done in a year. He gets a lot of pushback all around (some well-deserved) but he does effort to do most of what he said he wanted to do.
Maybe for some Armchair POTUS's he has had enough time but in reality, there's a lot on that Executive Office plate.
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No idea. I think it would have been turning around by now anyway even if no one had done anything.
Do any of the old-timers remember the "Should NB have his moderator status removed" thread before it got deleted?
I don't see how excessive lending and spending are going to solve the problem of excessive lending and spending. The economy would be on a much faster recovery right now if the government had let those companies fail. TARP wasn't Obama's doing though so I can't blame him for that. He can be blamed for a continuance of George W. Bush economic policies though. The Bush Administration heavily taxed Americans not through actual percentages from your income or property, but through inflation which isn't thought about by people, Obama is doing the same.
I don't even think things would have been better under McCain. Lets not forget McCain suggested that the government should buy up bad mortgages from homeowners, which would have cost trillions of dollars to do. So much for being fiscally conservative.
Last edited by theanalogkid; 12-24-2009 at 03:38 PM.
The irony, Nevada, is that Obama basically promised to turn everything around quickly. Many of us said it was not possible...but you voted for him anyway. Now, here you are a year later, saying that he has too much to do...basically, everything he ran on was a sham, and too many Americans fell for it. Nothing new in a snake oil salesman, though.
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Originally Posted by Levdogg
I also feel the opposite happening though--people are ignoring data that says things ARE turning around because they want a reason to hate Obama.
Almost every number except unemployment is showing serious improvement, but what do the anti-Obama people point to? Unemployment. Which is historically one of the last numbers to turn around and a pretty bad barometer.
Anyways, just sayin.
Do any of the old-timers remember the "Should NB have his moderator status removed" thread before it got deleted?
The projected deficit is going to kill this country if it stays like that through his term. Good bye dollar hello Amero
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are we better off then a year ago - not really
did he have enough time to repair things - not really
Washington isnt a place that is set up to make changes or at least quick ones. which is why his whole "change" campaign never really made any sense to me
Times of war always spark deficits. No country puts peak war expenses in its annual budget. Then war hits and it is hard enough to sell your citizens on going to war much less taxing them for it. The good news is that peacefull times bring budget surplus like in the clinton years when there was actually a surplus. The printing of money for TARP is all relative as the country will prolly make money on it like they did during the S&L crisis. The rest of the money was mostly spent on things that will almost immediatly be sent back to the gov't in tax revenue.
But to get back to the original questions. I did not buy that Obama would turn things around as quickly as he stated and I feel this is going about as I thought it would. I think that the market will comeback quicker than people think.
Last edited by RSherryJr; 01-02-2010 at 01:30 AM.
1) Clinton times weren't 100% peaceful, you have to factor the technology bubble in there
2) The FED printed a ton of money, you do realize that the FED charges the US interest on that money right?
3) Foreign countries own most of the treasury bills, we are phugged when they are coming to collect and won't accept more T-Bills as payment.
It is only a matter of time before the dollar is gone, the ME war won't be over for a long time it will be this generation's Vietnam and then the move toward 1 global currency will slowly take place in this hemisphere. First the continents must come up with their currency then the hemispheres then world though they may just skip step 2.
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Liberals are gonna say "Hell no" and get offended at the fact that you asked, yet at the same time ignoring the "Freshman president" mistakes that were made this year. Conservatives on here are gonng say "Of course he has, because he said he would turn it around quickly" (despite any evidence to support this claim)
While I understand and respect the spirit of this question, I feel that perhaps this is a better question to be asked idk...IN 2012. Unfortunately, since the '00 election, the 24-hr news cycle, and forums such as these...our country APPEARS to be INSANELY POLORIZED.
1) Dropping two scud missles and a few air raids over Bosnia does not qualify as a war.
2) See 3
3) There is nothing wrong with national debt. It is a little out of hand at the moment dues to excessive social security and medicare drains on the system as well as the war - but other than that it is pretty manageable. We pay back those T-Bills at such a low interest rate that it is like they are paying us. It doesn't even keep up with inflation. It also gives China incentive to see us succeed.
1) I didn't say it was a war I just said it wasn't 100% peaceful
2) There is a lot wrong with national debt. You're crazy if you think otherwise. What concerns the most is not that we have debt its the rate at which it is increasing. Something is going to have to give sooner or later. The bubbles (housing was the last one, what is the next one silver?) can only do so much eventually the dollar is going to get weak enough to the point where it has to be replaced.
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