The Problem with Liberals and the Economy

SonOfDaedalus · Aug 10, 2018

A large portion of liberals are never happy with the economy. They complain about wealth distribution and corporate tyranny.

So, this is how it plays out. When the economy is good and a Republican is in office all the conservatives will claim that economy is great and half the liberals will agree. When the economy is good and a Democrat is in office all the conservatives will claim the economy is awful and half the liberals will agree with them.

Bill Clinton left office with a spectacular economic record. Why wasn't Gore elected to continue the legacy of economic prosperity?
Obama left office after one of the greatest economic turnarounds in history. Why wasn't Hillary elected to continue the legacy?

Conservatives complained about the economy under Obama even after the economy broke records for the number of months of sustained job growth. The moment Trump became president they suddenly liked the same economy and began giving Trump credit for trends that began years ago.

beancounter · Aug 10, 2018

Yes, partisanship.

celticwar17 · Aug 10, 2018

SonOfDaedalus said:
A large portion of liberals are never happy with the economy. They complain about wealth distribution and corporate tyranny.

So, this is how it plays out. When the economy is good and a Republican is in office all the conservatives will claim that economy is great and half the liberals will agree. When the economy is good and a Democrat is in office all the conservatives will claim the economy is awful and half the liberals will agree with them.

Bill Clinton left office with a spectacular economic record. Why wasn't Gore elected to continue the legacy of economic prosperity?
Obama left office after one of the greatest economic turnarounds in history. Why wasn't Hillary elected to continue the legacy?

Conservatives complained about the economy under Obama even after the economy broke records for the number of months of sustained job growth. The moment Trump became president they suddenly liked the same economy and began giving Trump credit for trends that began years ago.

Obama wasn't responsible for a economic turn-around.... he simply inherited a recession... in our capitalist mix economy we have cycles of recessions and recoveries.... so far, every single time there has been a recovery after a recession.

Obama's was the second slowest recovery in US history, and that very well be because of factors completely out of Obama's control.... president's do little to nothing to the economy unless they are affecting optimism or passing drastic policies that have a big effect in optimism. Most thing presidents do have effects that aren't obvious for decades.

SonOfDaedalus · Aug 10, 2018

celticwar17 said:
Obama wasn't responsible for a economic turn-around.... he simply inherited a recession... in our capitalist mix economy we have cycles of recessions and recoveries.... so far, every single time there has been a recovery after a recession.

Obama's was the second slowest recovery in US history, and that very well be because of factors completely out of Obama's control.... president's do little to nothing to the economy unless they are affecting optimism or passing drastic policies that have a big effect in optimism. Most thing presidents do have effects that aren't obvious for decades.

I agree to some extent but presidents can make choices like austerity vs Keynesian stimulus. They can choose to bail out an industry or let it flounder. They can make disastrous regulation changes.

There was a huge debate about austerity vs stimulus when Obama took office. Fortunately, Obama made the right choice. There was a huge debate about bailing out American auto companies, again Obama made the right choice.

Also, presidents determine tax policy which you must admit has a significant effect on the economy..

You claim it was the second slowest recovery but it was also the second worst recession. It only makes sense that a devastating recession would require more recovery time. But compare unemployment recovery under Obama to Reagan...

ataraxia · Aug 10, 2018

SonOfDaedalus said:
A large portion of liberals are never happy with the economy. They complain about wealth distribution and corporate tyranny.

So, this is how it plays out. When the economy is good and a Republican is in office all the conservatives will claim that economy is great and half the liberals will agree. When the economy is good and a Democrat is in office all the conservatives will claim the economy is awful and half the liberals will agree with them.

Bill Clinton left office with a spectacular economic record. Why wasn't Gore elected to continue the legacy of economic prosperity?
Obama left office after one of the greatest economic turnarounds in history. Why wasn't Hillary elected to continue the legacy?

Conservatives complained about the economy under Obama even after the economy broke records for the number of months of sustained job growth. The moment Trump became president they suddenly liked the same economy and began giving Trump credit for trends that began years ago.

Y s, none of this made sense. All of the widely disparate positions that Trump took on all sorts of positions, from North Korea to healthcare to free markets vs. protectionism, didn’t make sense either. It seems you could take 10 different sites on any different issue on a given day and he’s Trump supporters would be passionately behind him through all the dizzying 180° turn arounds—all until two days ago when Laura Ingraham finally spilled the beans on the real reason why there was so much blind obstructionism with Obama and so much blind loyalty to Trump. It has nothing to do with any issues other than white anxiety. So liberals should not really be wasting anymore time trying to figure out what the real issues are. There are no real issues, other than racism.

chuckiechan · Aug 10, 2018

SonOfDaedalus said:
A large portion of liberals are never happy with the economy. They complain about wealth distribution and corporate tyranny.

So, this is how it plays out. When the economy is good and a Republican is in office all the conservatives will claim that economy is great and half the liberals will agree. When the economy is good and a Democrat is in office all the conservatives will claim the economy is awful and half the liberals will agree with them.

Bill Clinton left office with a spectacular economic record. Why wasn't Gore elected to continue the legacy of economic prosperity?
Obama left office after one of the greatest economic turnarounds in history. Why wasn't Hillary elected to continue the legacy?

Conservatives complained about the economy under Obama even after the economy broke records for the number of months of sustained job growth. The moment Trump became president they suddenly liked the same economy and began giving Trump credit for trends that began years ago.

Because of the side effect of liberal governance: loss of respect for law and order, high levels of immigration, and an increase in crime. I don't know why liberals think normalizing criminal activity does anyone any good. It just brings death and despair to victims denied justice.

celticwar17 · Aug 10, 2018

SonOfDaedalus said:
I agree to some extent but presidents can make choices like austerity vs Keynesian stimulus. They can choose to bail out an industry or let it flounder. They can make disastrous regulation changes.

There was a huge debate about austerity vs stimulus when Obama took office. Fortunately, Obama made the right choice. There was a huge debate about bailing out American auto companies, again Obama made the right choice.

Also, presidents determine tax policy which you must admit has a significant effect on the economy..

You claim it was the second slowest recovery but it was also the second worst recession. It only makes sense that a devastating recession would require more recovery time. But compare unemployment recovery under Obama to Reagan...

I think most presidents would have done the bail out...

it would have taken one with guts to to not do it, and let them fail...

And I think you know what I would have done xD

ataraxia · Aug 10, 2018

chuckiechan said:
Because of the side effect of liberal governance: loss of respect for law and order, high levels of immigration, and an increase in crime. I don't know why liberals think normalizing criminal activity does anyone any good. It just brings death and despair to victims denied justice.

This is very puzzling. What increase in crime? What are you talking about? Crime is been going down all over the country for about two decades now. Net immigration from Mexico, legal and illegal, has been negative, meaning more are leaving to go back home than coming- since about 2007. Even looking at crime by illegal immigrants, their crime rate is lower than the average crime rate in the country. So if anything, they are decreasing the crime rate.

So when people say stuff like this, it’s just really odd. It makes you wonder if what’s really bugging them and underlying all this is not what they are saying, but what Laura Ingraham let slip a few days ago. Only then does the motivation for all these “alternative facts” make any sense.