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Thread: Poll: 44% of Americans Worse Off Under Obama

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by tessaesque View Post
    I absolutely disagree that the government cannot significantly help or hinder the economy.
    You may disagree. You wouldn't be the first. But I believe if they could, they would. If the election was all Obama cared about, he would have the economy humming. Same with congress critters. The fact that neither party can get it there suggests that they can't.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    I don't believe government can control it at all.
    Romer and Bernstein on stimulus - NYTimes.com

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    You may disagree. You wouldn't be the first. But I believe if they could, they would. If the election was all Obama cared about, he would have the economy humming. Same with congress critters. The fact that neither party can get it there suggests that they can't.
    While it is must easier to affect negative consequences than positive ones, there are definitely steps the government could take to cause fairly quick, positive changes. They just don't do it...probably largely because it would be harmful in the short term (and they don't want to lose votes), it would decrease government authority (and they don't want to lose power), or it would anger one voting block or another (again, don't want to lose votes). Government has become more about reelection than about running the country. That is, by and large, the reason we don't see affective policies to help the economy. The correct course is not often the most popular one, and there's too much to lose personally.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Whovian View Post
    They don't care... they are all in denial...
    I don't get it

    Edit: nvm scratch that I get it
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by tessaesque View Post
    I absolutely disagree that the government cannot significantly help or hinder the economy.
    You dirty Keynesian, you!
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by StillBallin75 View Post
    You dirty Keynesian, you!
    I don't think the government should act as Keynes proposes.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by tessaesque View Post
    While it is must easier to affect negative consequences than positive ones, there are definitely steps the government could take to cause fairly quick, positive changes. They just don't do it...probably largely because it would be harmful in the short term (and they don't want to lose votes), it would decrease government authority (and they don't want to lose power), or it would anger one voting block or another (again, don't want to lose votes). Government has become more about reelection than about running the country. That is, by and large, the reason we don't see affective policies to help the economy. The correct course is not often the most popular one, and there's too much to lose personally.
    The trouble with that is they often lose their seats anyway. So, if this were true, they save themselves nothing. And they have to know this. So, I just don't believe they can.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    And this is OBama's fault how?
    It is at least in part his fault, through his policies. It is COMPLETELY his responsibility to correct it. He is the President... captain of the ship. At this point, I think a lot of people think they are on the Titanic.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by tessaesque View Post
    I don't think the government should act as Keynes proposes.
    You think we should cut taxes? That's a Keynesian proposal (although not exclusively a Keynesian idea).
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by tessaesque View Post
    So Obama has no culpability for anything? Is it still Bush?
    of course it is. Haven't you been reading the memos?

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