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. #31
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    It depends. At this rate we are outpacing the Feds predictions by a year. The federal reserve protected by 2018 that unployment would be somewhere below 5%, however they were using all available data at the time. This did not include Obamas plans to reinvigorate small business, business brought back to America with incentives or manufacturing industry plans Obama had talked about. I think conservatively, by 2016 federal unemployment will be at 6% but real will be at 9%.

    Edit: Id like to add that since Obama has been in office despite several jobs being made since his presidency there has only been 250,000 total more made since October 2008 and many are still making less than they did before. This is the case for several nations right now including Canada and the UK. Countries such as Germany, Japan, and China have very low unemployment a direct result of incredible education and science investments along with strong work ethic on their people's part despite Germany and Japan being far more
    liberal than any of these other countries including our own.
    Last edited by JohnWOlin; 11-11-12 at 05:07 PM.
    "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

  2. #32
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by dyanaprajna2011 View Post
    All I'll say to that is, we'll see.
    We've already seen. It's called track record. Obama's shown nothing that proves he needs four more years to fix the economy.

  3. #33
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Quote Originally Posted by Dooble View Post
    We've already seen. It's called track record. Obama's shown nothing that proves he needs four more years to fix the economy.
    Except the fact that the damage Bush did is going to take more than four years to fix. Apparently, there are people who either seem to not realize just how much damage Bush did to the economy, or think that what he did wasn't that bad.

    Maybe an analogy would help. A lamp is made in a factory, and it doesn't take that long to do. But if you break it, trying to put the pieces back together will take much longer than it did to originally make it in the first place. Now take something a bit more abstract, like our economy, and you'd have to multiply that many times over.

  4. #34
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    America suffers from problems that can not be dealt with by a President, they must be dealt with by the people.

    We are no longer a White Christian nation. Manufacturing is automated or we can't be competitive. Our politicians are, for the most part, stupid and dishonest or cunning and selfish.

    There won't be enough jobs for everyone. Our immigrants will provide low cost labor. Our middle class will provide educated ones to oversee the technology that produces our products. The rich will always be rich. The poorly educated former blue-collar workers will become increasingly dependent on the governments to provide basic necessities.

    There is and always will be opportunities. The range will be narrower. The Mom & Pop operations will be absorbed by the Walmarts. However, there are still many areas in which individuals can succeed, from writing apps to the sex industry.

    Hopefully, more people will recognize this and the bitter divide between left and right will narrow.

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

    Quote Originally Posted by dyanaprajna2011 View Post
    Except the fact that the damage Bush did is going to take more than four years to fix.
    That still doesn't exonerate the President from his spending sprees and total lack of action. Tear yourself from George Bush for just a few moments and tell me what Barack Obama has done to fix this economy.

    Did he "repair the lamp" so to speak, or did he just sweep the remnants under the rug and go spend more money on family vacations?
    Last edited by Dooble; 11-11-12 at 05:16 PM.

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

    Quote Originally Posted by Dooble View Post
    That still doesn't exonerate the President from his spending sprees and total lack of action. Tear yourself from George Bush for just a few moments and tell me what Barack Obama has done to fix this economy.

    Did he "repair the lamp" so to speak, or did he just sweep the remnants under the rug and go spend more money on family vacations?
    I think the fact that recent stats show the economy and jobs on an upswing, and you'll have your answer. He's working on the lamp, but it just takes time.
    "To do good, to avoid evil, and to purify the mind, this is the teaching of all Buddhas." -the Buddha, from the Dhammapada

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

    Quote Originally Posted by dyanaprajna2011 View Post
    I think the fact that recent stats show the economy and jobs on an upswing,
    Can you get me the links to those stats? I want to be sure we're both on the same page.

  8. #38
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    I really don't know for sure. Most "experts" i hear about say for a situation like this to recover it takes 10 years. So far if we want to be far Obama has had 2. ANother 4 would make 6 that means the real burden will be on whoever comes next.
    "Those who do not learn from history and condemned to relive it".

    "There are those who will debate the necessity of wilderness, I will not, either you know it in your bones or you are very very old". Aldo Leopold - Sand County Almanac

  9. #39
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    Either way the economy will bounce back.
    "Conservatism is the blind and fear-filled worship of dead radicals."
    - Mark Twain
    Run your own nation, play Cybernations.

  10. #40
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    Re: Will the Economy Recover Under 4 More Years of Obama?

    it will probably improve, but the basic problems remain somewhat outside the scope of government to fix in the short term. specifically, at our current point in history, we are in the late transition from national economy to global economy. additionally, technology is moving us closer and closer to a post-labor economy. finally, we're in sight of a time when the entire global energy model will change.

    summary : I think regardless of the winner, the president elect is set to preside over four years of at least modest growth. however, our long term labor issues remain.

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