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Thread: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

  1. #281
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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by The Prof View Post
    the dolt shouldn't double down
    Well, he would also have been crucified if he had done nothing.. Obama is in a no win situation. No matter what he does it will not fix the housing sector.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  2. #282
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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    poor barry

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by misterman View Post
    See, this is the problem. It's not Obama's or Bush's economy. It's the economy. The President can only do so much. This idea that the a President is in charge of the economy is very unrealistic. He doesn't just push buttons and make it go.
    He can't push buttons to make it go necessarily, but he can push buttons to make it stop. That's what Obama is doing: higher taxes, government healthcare, cap and trade, fierce business regulation, etc, is not what business likes to hear.

  4. #284
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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by USA-1 View Post
    Well, he would also have been crucified if he had done nothing.. Obama is in a no win situation. No matter what he does it will not fix the housing sector.
    Well, he can thank his buddies Frank and Dodd and company for that.

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Erod View Post
    He can't push buttons to make it go necessarily, but he can push buttons to make it stop. That's what Obama is doing: higher taxes, government healthcare, cap and trade, fierce business regulation, etc, is not what business likes to hear.
    No, that's what Bush did - pushed the buttons that shot the economy down. Obama's policies are helping it recover, which it is doing about as fast as can be expected. Heck, we were on the brink of a total collapse of our financial system. It's pretty amazing we're not worse off now.

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    the dolt shouldn't double down

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by Erod View Post
    Well, he can thank his buddies Frank and Dodd and company for that.
    No he can thank Bush, Greenspan and Paulson. They all should be thrown in jail.
    SEC Charges Goldman With Fraud - WSJ.com
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    thrown in jail...

    LOL!

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    Quote Originally Posted by The Prof View Post
    thrown in jail...

    LOL!
    Yeah, I guess that's not enough for those that ruined this country.

    The case against the Fed is straightforward: In an attempt to jumpstart the economy out of recession, Greenspan slashed the federal funds target from 6.5% in January 2001 down to a ridiculous 1% by June 2003. After holding rates at 1% for a year, the Fed then steadily ratcheted them back up to 5.25% by June 2006. The connection between these moves by the central bank, versus the pumping up and popping of the housing bubble, seemed to be more than just a coincidence. On the contrary, it looked like a classic example of the Misesian theory of the business cycle, in which artificially low interest rates lead to malinvestments, which then require a recession to correct.
    Last edited by USA_1; 04-16-10 at 03:51 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

    the dolt shouldn't double down

    but since he did, i guess he should to go to jail

    LOL!

    with all those people who don't buy health care

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