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. #81
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by obvious Child View Post
    Either you cannot read properly, or you simply ignore whatever you do not like.

    Lord T made it perfectly clear the government shares responsibility in this mess:

    http://www.debatepolitics.com/polls/...post1059931701
    http://www.debatepolitics.com/polls/...post1059931719

    How about you actually read for comprehension rather then just assume whatever the **** you want for a change?

    This is the third time I've caught you with either a reading comprehension problem or a "I don't give a **** what you actually wrote and I'm just going to assume whatever I want you to say so I can attack you with a fabrication I obviously made and made no attempt to hide" problem in two weeks.
    Put me on ignore and do us all a favor.
    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.

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

    Moderator's Warning:
    Which party is more responsible for the state economy?OC, apdst, knock it off.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Christ sakes. It is too much to ask for people to respond to what people actually wrote rather then just making up in their heads whatever the hell they want?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by Catawba View Post
    That was an ugly thing to say to Ikari, and what makes it worse is that you provided absolutely nothing to back up your ugly words.

    You should be ashamed of that post.
    Quit being such a drama llama unless you're willing to call out everybody whose ever said something negative about a party they disagree with.

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

    Quote Originally Posted by obvious Child View Post
    Either you cannot read properly, or you simply ignore whatever you do not like.

    Lord T made it perfectly clear the government shares responsibility in this mess:

    http://www.debatepolitics.com/polls/...post1059931701
    http://www.debatepolitics.com/polls/...post1059931719

    How about you actually read for comprehension rather then just assume whatever the **** you want for a change?

    This is the third time I've caught you with either a reading comprehension problem or a "I don't give a **** what you actually wrote and I'm just going to assume whatever I want you to say so I can attack you with a fabrication I obviously made and made no attempt to hide" problem in two weeks.
    Maybe you should reexamine your own reading comprehension. I haven't read the second post you linked, but the first you use as evidence that Lord T put some blame on the govt doesn't do that at all. In fact, he's denying that putting pressure on banks to give loans to people who couldn't pay them back had anything to do with the housing bubble. He's actually saying the banks made those bad loans because they wanted to. How is any of that saying the government shares some blame?

    Edit: Ok, looked at the second post and it's the same thing. It's poor Fannie and Freddie that were just being forced to try to compete with those unregulated, evil, private lending institutions. Not only is the govt not responsible, it's actually the victim.
    Last edited by X Factor; 11-05-11 at 05:10 AM.

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

    I'd say both parties are responsible, but my thinking that the Republicans (deregulation) are slightly more responsible. If there was an option for both parties, I would have opted for it, but it's just my opinion that the Republicans are just slightly more responsible. Yet it's close
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by RadicalModerate View Post
    It's hard to say which one is responsible, since you'd have to account for complex accounting measures spanning the last 50 years or so. In the short term, I'd say the Iraq War, which the Republicans insisted on having, and the Bush tax cuts (which were implemented during a time of war; so much for national sacrifice) has been the biggest drain because it was unnecessary. People may not like the stimulus plan and TARP, but at least there was some rational justification for that. The Iraq war was completely unnecessary and the tax cuts were a disgusting political move.

    Don't get me wrong, the Democrats are not blameless in this debacle. But if you are forcing me to choose, I must say the Republicans, in the short-term, have the most responsibility to bear.
    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.
    Quote Originally Posted by JohnWOlin View Post
    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.
    Quote Originally Posted by Lord Tammerlain View Post
    I would say Republican.

    The government policies that allowed the banks to take on excessive leverage were most predominately pushed by Republican party members
    Quote Originally Posted by PeteEU View Post
    Republicans, but only barely.

    It is the whole political system that is at fault, but it is the ideology of the Republican party that is the basis for much of the crisis we have today.
    Quote Originally Posted by DaveFagan View Post
    The Republicans own the current financial disaster! No doubtr! The cost of the Iraq War, plus the Bush tax cuts broke the bank. When you put a moron in charge, you should expect less than desirable results. "Jus' bidness, don't ya' know!" And the rich got richer. Now, is that just a coincidence? Bush cronies. Gee, what a surprise. Ol' SoupForBrains was being honored at Goldman Sachs and the OWS people found out and were outside chanting for his arrest. Gee, I wonder why?
    Quote Originally Posted by Proud South Korean View Post
    I'd say both parties are responsible, but my thinking that the Republicans (deregulation) are slightly more responsible. If there was an option for both parties, I would have opted for it, but it's just my opinion that the Republicans are just slightly more responsible. Yet it's close
    I'm shocked by these results. SHOCKED I tell you.





  8. #88
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    Re: Which party is more responsible for the state economy?

    Quote Originally Posted by cpwill View Post
    1. agreed the banks should have done better due diligence
    2. the fact that you were able to get away with it does not excuse committing fraud

    I agree fraud is a crime and shouldnt be allowed...but there should be very very few mortgages ever given based on fraudalent applications because all it takes is a cursory basic investigation.
    1. Verify Employment, length, amt of income etc.
    2. Credit Check
    3. If necessary criminal background check.
    4. Insist on a set downpayment % for every borrower/or only lend a set percentage of any market value.

    Thats all on the lender, they actually make money off the origination fees they charge. The one thats giving their money is the one that has the responsiblity to assure that they are going to get it returned. Its the same as buyer beware.

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

    Quote Originally Posted by Catawba View Post
    Glass Steagall prevented banks too big to fail,
    How did it prevent banks too big to fail?

    they kept investment banking separate from commercial banking.
    And why is it necessary to keep investment banking separate from commercial banking? What is that designed to protect us from?

  10. #90
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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.
    If this recession staves off a double dip, I would say during this recession you could look for it as evidence that it worked - considering how bad it was supposed to be. Unemployment actually capped at around 10%, which is not great but better than it could have been. However, I doubt as much was spent as what should have been since we could not afford to deficit spend since our we are already so far in the hole. That's the whole point of Keynesian economics and if we had practiced it, we would have room for expansion of spending to continue to stimulate the economy regains strength.

    To me, Keynesian economics makes far more sense than any supply-side, "just keep not taxing the rich" idea. Combined with unchecked spending, it has earned us quite a bit of debt.

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