View Poll Results: Will the Economy Recover Under 4 More Years of Obama?

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    28 35.44%
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Thread: Will the Economy Recover Under 4 More Years of Obama?

  1. #21
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Yes. But not because of anything Obama has done. People believe the president has FAR more control over the economy than he actually does. Clinton had very little to do with the economic high during his tenure. Bush had very little to do with the economic crash at the end of his. And Obama has had very little to do with the slow recovery.

    Of course, no candidate would ever admit that.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by the_recruit View Post
    Yes. But not because of anything Obama has done. People believe the president has FAR more control over the economy than he actually does. Clinton had very little to do with the economic high during his tenure. Bush had very little to do with the economic crash at the end of his.
    Why is it the case that he had little to do with it? Because he was a puppet who was only doing as he was instructed? And it would have happened just the same under Gore too?


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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by the_recruit
    Yes. But not because of anything Obama has done. People believe the president has FAR more control over the economy than he actually does. Clinton had very little to do with the economic high during his tenure. Bush had very little to do with the economic crash at the end of his. And Obama has had very little to do with the slow recovery.

    Of course, no candidate would ever admit that.
    I will. However, I will say that the economic boom of the 90s didn't happen because of Clinton, but in spite of him. I think the record levels of prosperity could've actually been higher.

    I also will say that Obama didn't have direct impact on the fumbling economy, but his standoff with corporate America forced them to hold on to liquidity, jobs, and their treasury positions. That most certainly had a direct impact on America's economy.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Why is that when a Democrat is president, anything good that happens is in spite of him, but anything bad is his fault? On the other hand, if a Republican is president, he's praised for anything good that happens, and anything bad that happens, well, it was through no fault of his own? Seems like a double standard to me, but maybe that's just because I've been brainwashed by the socialist left-wing propaganda machine.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    When the stock market booms despite a higher capital gains tax, it means that the government caught fire by an economy pushing through worse odds. Also, I'm not praising Bush, but saying that "it's Bush's fault" when stupid people were getting loans they couldn't pay back from stupid banks that never should've been giving it to them...is beyond ignorant.

    Clinton was a very good president, but to think that he had a major hand in the prosperity is foolish. Conversely, throwing all or even most of the blame at Bush is the epitome of scapegoatism. However, people will believe what they believe.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by Neomalthusian View Post
    Why is it the case that he had little to do with it? Because he was a puppet who was only doing as he was instructed? And it would have happened just the same under Gore too?

    The financial crisis was the result of a great variety of complicated factors, very few of which are directly attributable to President Bush. The preeminent economists throughout the world haven't even come to a consensus on the underlying causes or how large of a role they played.

    But, no doubt, you are much smarter then they, have seen through all the complexity, and have been able to trace the precise cause directly to a speech made by Bush in 2002.

    Yours is a perfect example of what I'm talking about - people mistakenly attribute far too much influence on the economy to the President.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by dyanaprajna2011 View Post
    Why is that when a Democrat is president, anything good that happens is in spite of him, but anything bad is his fault? On the other hand, if a Republican is president, he's praised for anything good that happens, and anything bad that happens, well, it was through no fault of his own? Seems like a double standard to me, but maybe that's just because I've been brainwashed by the socialist left-wing propaganda machine.
    Clinton and his policies are often (mistakenly) cited as the cause of the economy's health during his presidency.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by the_recruit View Post
    The financial crisis was the result of a great variety of complicated factors, very few of which are directly attributable to President Bush. The preeminent economists throughout the world haven't even come to a consensus on the underlying causes or how large of a role they played.

    But, no doubt, you are much smarter then they, have seen through all the complexity, and have been able to trace the precise cause directly to a speech made by Bush in 2002.

    Yours is a perfect example of what I'm talking about - people mistakenly attribute far too much influence on the economy to the President.
    You're attributing an argument to me that I did not make. I am not attributing the housing bust to Bush. I acknowledge the myriad contributors to it. I was only asking you to support your statement that it had so little to do with Bush. At the very least, he was a cheerleading on the sidelines, obviously publicly advocating for trading in the stock bust for the housing bubble. Whether his role went beyond cheerleading is something I leave open for further discussion.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by dyanaprajna2011 View Post
    People think that just because Obama didn't fix the economy in his first term, that he's not capable of doing so.
    Other people think he did nothing to help the economy, and in some ways he made it worse. I'm one of those people.

    There's no silver lining with this guy, and you're drinking kool-aid if you think otherwise.

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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by Dooble View Post
    Other people think he did nothing to help the economy, and in some ways he made it worse. I'm one of those people.

    There's no silver lining with this guy, and you're drinking kool-aid if you think otherwise.
    All I'll say to that is, we'll see.

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