View Poll Results: Which party is more responsible for the state of the economy?

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  • The Republican Party

    41 62.12%
  • The Democratic Party

    25 37.88%
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Thread: Which party is more responsible for the state economy?

  1. #11
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    Re: Which party is more responsible for the state economy?

    "Both" is the only true answer, because in all practical reality, the government is involved so closely and so deeply in the economy that there's no way around it. Both have their own little nuances, but both are beholden to special interests, both tend to vote for the big bills that industry wants (i,e.: Telecommunications Act of 1996, etc.), and so on.

  2. #12
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by radcen View Post
    "Both" is the only true answer, because in all practical reality, the government is involved so closely and so deeply in the economy that there's no way around it. Both have their own little nuances, but both are beholden to special interests, both tend to vote for the big bills that industry wants (i,e.: Telecommunications Act of 1996, etc.), and so on.
    Both are responsible, but one has to be MORE responsible.. and which one is more responsible is the only true answer, because that's how people are most likely going to vote. This question means a lot in terms of these two parties and their core principles and which of those principles are responsible. They don't need to go back to their party principles, they to reinvent the parties. The public NEEDS to have this conversation.

  3. #13
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by SheWolf View Post
    Both are responsible, but one has to be MORE responsible.. and which one is more responsible is the only true answer, because that's how people are most likely going to vote. This question means a lot in terms of these two parties and their core principles and which of those principles are responsible. They don't need to go back to their party principles, they to reinvent the parties. The public NEEDS to have this conversation.
    Ok, now I better understand your point and question. My answer was from a long-term perspective, and I think you are asking about the present.

    From a long-term perspective, I stand by my answer. Partly because, regardless what each party says, except for some wedge issues, there's really not much difference. They're both beholden to special interests and lobbyists, they both vote for corporate interests (in spite of what they say during campaigns), and so on.

    Now, from a present perspective, I'd have to say the Republicans are more responsible... though I might qualify that to mean "responsible for the current state of affairs". I always felt that President Clinton's biggest success in economic matters wasn't what he did, but rather the genius in what he didn't do... meaning he pretty much left things alone and let the economy work on it's own. I sense that the Democrats actually learned a lesson from that and are not as boneheaded about the economy as they had been historically.
    Last edited by radcen; 10-30-11 at 07:54 PM.

  4. #14
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    Re: Which party is more responsible for the state economy?

    I have to say both as well. Bush lowered taxes during the boom and both parties spent too much as well during the boom. Now with deficit being as high as it is, spending to stimulate the economy and keeping taxes low - as Keynesian economics requires - is a much more difficult task. This has resulted in more division in the country, more skepticism from business, and an overall slower recovery.

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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by whysoserious View Post
    I have to say both as well. Bush lowered taxes during the boom and both parties spent too much as well during the boom. Now with deficit being as high as it is, spending to stimulate the economy and keeping taxes low - as Keynesian economics requires - is a much more difficult task. This has resulted in more division in the country, more skepticism from business, and an overall slower recovery.
    Can you name one time Keynesian economics succeeded?

    BTW, neocons <<< entire American right.

  6. #16
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by obvious Child View Post
    The current state right now is both. The Republican obstructionism to prevent any improvement in the economy prior to the election next year coupled with the hardening of Democrats to compromise after Obama's rejection is creating a gridlock that is awful for business. How we got here in the first place is more Republican than democrat and more Corporate Idiocy than Republican. And it's more Greenspan's easy money than Corporate idiocy.
    What did they do, exactly?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  7. #17
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    Re: Which party is more responsible for the state economy?

    If I had to pick one as to which had more influence on today's economy through a long term outlook I would say the Republicans. The Republicans created the trickle-down economics that every president since Regan have championed, even when they claimed to be against them (Clinton, Obama) with the Republicans adding to the problems by lowering taxes early on into Bush's presidency which had a great short term economic effect but a very bad long-term that we will probably not recover from for another good while. Since Nixon on down, being nearly every president since Nixon we have been getting cozier and cozier with China and I strongly believe making China a strategic partner has greatly harmed United States.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by Daktoria View Post
    Can you name one time Keynesian economics succeeded?

    BTW, neocons <<< entire American right.
    Most people argue that the spending and investing required for WWII got us out of the recession. Keynesian economics isn't perfect, but as a former student of economics, many of ideas make a lot of sense.

  9. #19
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    Re: Which party is more responsible for the state economy?

    Wilson was the start of the decline with the New Deal and the Great Society accelerating the decline so its the dems most responsible



  10. #20
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by TurtleDude View Post
    Wilson was the start of the decline with the New Deal and the Great Society accelerating the decline so its the dems most responsible
    The New Deal hurt our economy?


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