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Is The Economy Improving

Is The U.S. Economy Improving?

  • Yes & President Obama deserves some credit.

    Votes: 7 33.3%
  • No & now it's due to President Obama.

    Votes: 4 19.0%
  • Yes & President Obama deserves no credit.

    Votes: 6 28.6%
  • No & it's till due to the mess that President Obama inherited.

    Votes: 4 19.0%

  • Total voters
    21
My thoughts are that any so called 'improvement' resulting from the infusion of Federal money, from either the Bush or Obama administration, will be a short term shot artificial boost, not any sort of long term solution.

The government is not living within its means and that does not bode well for the nation.
 
I think it's pretty rare for our government to ever live within its means.

You can only do that so long before the house of cards collapses.
 
You can only do that so long before the house of cards collapses.
I'm no economist but it seems to me living beyond our means is more of national tradition than a short term exception.
 
My thoughts are that any so called 'improvement' resulting from the infusion of Federal money, from either the Bush or Obama administration, will be a short term shot artificial boost, not any sort of long term solution.

The government is not living within its means and that does not bode well for the nation.

There is no effort by anyone to earnestly move us out of the collapse. Pretty much, we've waited it out. All the "stimulus" didn't do much. Even cash for clunkers...most people were going to buy a new car. It didn't really encourage a lot of new people. Same with the home business. 8 grand per, but most of those people were in the market for a new house. What you wanted was to get people out of apartments/rent and into a house/mortgage.

And ain't no one, Obama included, looking at putting in the regulations and safe falls to prevent this again. Basically corporations learned they can be as reckless as possible and if they break the system, the tax payers will bail them out. So yeah, thanks Obama.
 
Absolutely not, the government is spending money like it's going out of style and the idea of a "jobless recovery" is asinine. Until we have a massive influx of new jobs that can fuel a true economic recovery, all we're doing is a bunch of hand waving and misdirection.
 
Yes, and it's got little to do with the president(Yet I said that he does deserve some credit) and more with the natural flow of the financial system.
 
I'm no economist but it seems to me living beyond our means is more of national tradition than a short term exception.

That doesn't change anything. We started doing it seriously after WWII when we became a world power by default, we had never been attacked and we had an incredible infrastructure that we built to fight the war. After the war, lots of people had lots of money and we spent like mad. The problem is, when the situation changed, when we were no long the undisputed #1 nation, we still kept spending like drunken sailors. It's one thing to spend extra when times are good, it's another to expect everyone to keep spending like there's no tomorrow when times are bad and that's exactly what we've been doing for years. In fact, in the past 40 years, we've built our entire national economy on people spending more than they had and now it's coming home to roost.

Any recovery we have that doesn't include a permanent reduction in our overspending is only putting off the inevitable.
 
Yes it is slowly improving. Nothing substantial but at least it's not getting worse as of a few months ago. Companies are reinvesting and houses are being bought. Now we just need companies to get their budgets approved for 2010 and they can start hiring again.

Obama did nothing to take credit for an economic upturn.
 
That doesn't change anything. We started doing it seriously after WWII when we became a world power by default, we had never been attacked and we had an incredible infrastructure that we built to fight the war. After the war, lots of people had lots of money and we spent like mad. The problem is, when the situation changed, when we were no long the undisputed #1 nation, we still kept spending like drunken sailors. It's one thing to spend extra when times are good, it's another to expect everyone to keep spending like there's no tomorrow when times are bad and that's exactly what we've been doing for years. In fact, in the past 40 years, we've built our entire national economy on people spending more than they had and now it's coming home to roost.

Any recovery we have that doesn't include a permanent reduction in our overspending is only putting off the inevitable.

Sorry but when I hear all the GOP/Fox News railing against spending & deficits, I chalk it up to pure partisan politics. The people who never voiced any concern about how we were going to pay for U.S. policies for the last 8 years have suddenly found their (long-lost) fiscal responsibility....... just in time to oppose a Democratic President?....I say BS :thumbdown

All government spending is not the same & we are finally spending on things that will actually help middle class Americans.
 
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Alot depends on your definition of improve. Do I feel things are getting better? No. However I do see less of the bad. I also feel that we are going to find alot of proping up has been going on behind the sceens and this may catch up with us in the future.
 
Sorry but when I hear all the GOP/Fox News railing against spending & deficits, I chalk it up to pure partisan politics. The people who never voiced any concern about how we were going to pay for U.S. policies for the last 8 years have suddenly found their (long-lost) fiscal responsibility....... just in time to oppose a Democratic President?....I say BS :thumbdown

All government spending is not the same & we are finally spending on things that will actually help middle class Americans.

What does this have to do with Cephus or his point?
 
I don't think it's improving. My brother in law just got laid off from his work.
 
What does this have to do with Cephus or his point?
He was making a point against what he perceives as excess spending now. Did he make the same point when Bush was spending like a drunken sailor too? If he did then he is not being obviously partisan. If he didn't then my point stands. (& "times were not good" when Bush was in office unless you were an Exxon-Mobil executive or the ex-CEO of Haliburton.....Remember..we practically went into the 2nd Great Depression B4 Obama got into office))
 
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Sorry but when I hear all the GOP/Fox News railing against spending & deficits, I chalk it up to pure partisan politics. The people who never voiced any concern about how we were going to pay for U.S. policies for the last 8 years have suddenly found their (long-lost) fiscal responsibility....... just in time to oppose a Democratic President?....I say BS :thumbdown

All government spending is not the same & we are finally spending on things that will actually help middle class Americans.

Or for those of us who strongly opposed it when Bush did it too? I've vocally opposed government overspending for more than 25 years now, back to the Reagan days when he massively increased our national debt "fighting them commies".

Obama isn't the savior and he's certainly not doing anything to help the middle class, he's bankrupting the country. Granted, we're not going to have to pay for it, that'll fall to our children and grandchildren and who cares about them anyhow, right? :roll:
 
Sorry but when I hear all the GOP/Fox News railing against spending & deficits, I chalk it up to pure partisan politics. The people who never voiced any concern about how we were going to pay for U.S. policies for the last 8 years have suddenly found their (long-lost) fiscal responsibility....... just in time to oppose a Democratic President?....I say BS :thumbdown

All government spending is not the same & we are finally spending on things that will actually help middle class Americans.

I'm a middle class American and I've yet to see any money spent to help the middle class.

The money spent so far has been to fund Liberal wet dreams such as deer under passes and turtle tunnels and to fund entitlement programs. Nothing in there for the middle class.
 
Sorry but when I hear all the GOP/Fox News railing against spending & deficits, I chalk it up to pure partisan politics. The people who never voiced any concern about how we were going to pay for U.S. policies for the last 8 years have suddenly found their (long-lost) fiscal responsibility....... just in time to oppose a Democratic President?....I say BS :thumbdown

All government spending is not the same & we are finally spending on things that will actually help middle class Americans.

And like wise, all the guys on the left that were bitching and crying for 8 years about spending & deficits now telling us its okay, its needed, and we should ignore it despite it being EVEN LARGER under Obama are ALSO chalked up to pure partisan politics.

"But but but...its DIFFFFFFERENT" you say?

Guess what, the right says its different too, but you don't take their reasoning, so why is yours all that different?
 
Or for those of us who strongly opposed it when Bush did it too?
Then this thread is not aimed at you. You are consistent & not a partisan.



Obama isn't the savior and he's certainly not doing anything to help the middle class, he's bankrupting the country. Granted, we're not going to have to pay for it, that'll fall to our children and grandchildren and who cares about them anyhow, right? :roll:
No one is claiming Obama is a savior except Fox News & I disagree with your opinions about Obama not helping the middle class & bankrupting our country.
Here's the guy you are thinking of: (the guy on the left);)
 

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Then this thread is not aimed at you. You are consistent & not a partisan.




No one is claiming Obama is a savior except Fox News & I disagree with your opinions about Obama not helping the middle class & bankrupting our country.
Here's the guy you are thinking of: (the guy on the left);)
Why don't you tell how liberal you feel? :lol:
 
These problems started many many years ago, even before Obama was born, regardless of where he was born.
Our nation has not progressed as fast as it could have, IMO.
Maybe I expect too much.
The education of our young could be far better. Too many teen-agers are graduating from high school without an ability to read their degree.
Government de-regulation got out of hand.
People, like 2 year olds, simply need regulation, particularly in money matters.
I think greed can be "regulated" by higher taxes on the wealthy, but this has to be done carefully.
In 1949, the tax rate for millionaires was at 91%; source, the almanac; but there were many loopholes.
 
The government is not recovering - it is growing though. We need to fuel the job market for real recovery!
 
Why don't you tell how liberal you feel? :lol:

You consider the term Liberal a put down.......I don't. (I take pride in being liberal on many issues including a woman's right to choose)
 
Wall Street is improving. The rest of the economy isn't improving, although it's getting worse at a lessining rate. I think that things would be worse right now if not for the decisions made by Bush and Obama. It remains to be seen, however, what the long term effects of the unfathomable amount of debt we're taking on are. I am not hopeful
 
He was making a point against what he perceives as excess spending now. Did he make the same point when Bush was spending like a drunken sailor too? If he did then he is not being obviously partisan. If he didn't then my point stands. (& "times were not good" when Bush was in office unless you were an Exxon-Mobil executive or the ex-CEO of Haliburton.....Remember..we practically went into the 2nd Great Depression B4 Obama got into office))

In other words, you made an assumption and argued as if it were true, ignoring Cephus's points about the dangers of massive and prolonged deficits.

Well, since he’s cleared it up for you, why don’t you try addressing his points without making an erroneous assumption.
 
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