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Re: Obama: We have a deal
Not one time in modern history has a financial recession, and later a liquidity trap occurred in succession. Given you lack the macro understanding that is required to discuss such a topic, ill stop here.
Why do you believe the private sector is oblivious to any blame? Last time i checked, they are the ones who spur growth. The "they are too afraid" argument lacks both a theoretical and practical framework.
Nothing that happened during the Bush term is relevant now as there never has been a President in modern history two years after the end of a recession have these kind of numbers. Unemployment higher than when he took office, Employment lower than when he took office, economic growth is stagnant. Does it really matter what Bush did 2 1/2 years after Obama took office?
Not one time in modern history has a financial recession, and later a liquidity trap occurred in succession. Given you lack the macro understanding that is required to discuss such a topic, ill stop here.
Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).
Why do you believe the private sector is oblivious to any blame? Last time i checked, they are the ones who spur growth. The "they are too afraid" argument lacks both a theoretical and practical framework.