Is Obama purposely talking the economy down for political gain?

[zimmer]

Our Troubled Economy Is a Response to Barack Obama's Policies - WSJ.com

As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem.

Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.

You rarely if ever hear him speak well about America and its ability to right itself. Instead we hear Obama talk about government being the only institution capable of getting the American ship back on course, full speed ahead.

Every action has been the opposite of what has succeeded in the past, and is designed to screw people with some wealth.

To me, Obama is the Captain of the Titanic. He's doing most everything wrong on the economic front, ignores history and the socialist ship he has set sail with has about the same quality rivets (faulty) holding it together as the Grand Ship itself.

 

[peepnklown]

Its problem-reaction-solution: it’s designed.

 

[ronpaulvoter]

I don't think it's purposely. He's just plain stupid.

So what if he is a graduate of Harvard? So what if he had a high GPA?

His actions prove he is an absolute dunce. He could have done far better if he did nothing at all.

And yes, he is a "Constitutional lawyer." Does he really understand the Constitution? For example, would he support using eminent domain for shopping centers, "slum abatement," or enhancing" the tax base?

 

[tlmorg02]

Our Troubled Economy Is a Response to Barack Obama's Policies - WSJ.com



You rarely if ever hear him speak well about America and its ability to right itself. Instead we hear Obama talk about government being the only institution capable of getting the American ship back on course, full speed ahead.

Every action has been the opposite of what has succeeded in the past, and is designed to screw people with some wealth.

To me, Obama is the Captain of the Titanic. He's doing most everything wrong on the economic front, ignores history and the socialist ship he has set sail with has about the same quality rivets (faulty) holding it together as the Grand Ship itself.

He is doing two things, which is why I voted other. First he is describing the problems with the economy in the most dire terms in order to gain support for his agenda, but I do not think it is as simple as it may appear. The second thing I feel he is doing is not moving the country toward socialism, as many of you seem to think, but rather creating multiple levels of regulation where others have tore it away.

Obama is not advocating government take-over of banks, but just as the Bush administration found, some takeover is necessary because no one else is buying right now, so to keep it alive in the short-term, government aid is being injected. That in itself shows to the confidence in the American system. No one is calling for nationalization or socialism, steps are just being taken in order to prop the system up without allowing for total collapse. Regulations that will prevent another disaster are being put into place to avoid another such economic scenario. This is not socialism, it is government oversight, and it has clearly been lacking.

 

[zimmer]

He is doing two things, which is why I voted other. First he is describing the problems with the economy in the most dire terms in order to gain support for his agenda, but I do not think it is as simple as it may appear. The second thing I feel he is doing is not moving the country toward socialism, as many of you seem to think, but rather creating multiple levels of regulation where others have tore it away.

Obama is not advocating government take-over of banks, but just as the Bush administration found, some takeover is necessary because no one else is buying right now, so to keep it alive in the short-term, government aid is being injected. That in itself shows to the confidence in the American system. No one is calling for nationalization or socialism, steps are just being taken in order to prop the system up without allowing for total collapse. Regulations that will prevent another disaster are being put into place to avoid another such economic scenario. This is not socialism, it is government oversight, and it has clearly been lacking.

Nice if it were true, but he's not that type of politician.
So, I'll have to disagree.

It took 25 years to get rid of the ridiculous 55MPH speed limit.
These intrusions are designed to stay.
And what is called temporary for the moment becomes permanent.
He is executing what he believes.
He's a Community Marxist and it is showing through his actions.
Obama is seizing this moment as an opportunity to exaplnd his party's political power, just as FDR and LBJ did.

Only tax cuts are temporary in DC.
And military is the only program they see fit to cut... and that is what we have with The Looter in Chief.

 

[tlmorg02]

Nice if it were true, but he's not that type of politician.
So, I'll have to disagree.

It took 25 years to get rid of the ridiculous 55MPH speed limit.
These intrusions are designed to stay.
And what is called temporary for the moment becomes permanent.
He is executing what he believes.
He's a Community Marxist and it is showing through his actions.
Obama is seizing this moment as an opportunity to exaplnd his party's political power, just as FDR and LBJ did.

Only tax cuts are temporary in DC.
And military is the only program they see fit to cut... and that is what we have with The Looter in Chief.

You really believe that he is a Marxist? Isn't that label a little 1950's?

 

[DarkWizard12]

You really believe that he is a Marxist? Isn't that label a little 1950's?

If the shoe fits.....

 

[dirtpoorchris]

You ever see a person get really, really absorbed in soap opera or show that gets too dramatic? Now imagine all the think-tanking and resourcing most likely applied for relations control on things that are actually real in this world. Fortunately, all you need to beet think-tanks are people who thing 20 different ways.
I knew the pharisees had lost their touch, as the book of life has flipped, when they applied to much energy to some guy named Rush.

 

[thabigred]

Whether he is talking up or down about the economy, he is taking the situation apart all wrong. In the past 15 years the top US companies have seen 0% net growth.

Is this spending bill going to create jobs to really effect anything?

It's America double mortgaging it's future so it can afford to continue to waste money on nice things, guess what, the gig is up.

Just like FDR was debunked for prolonging the depression, Obama's stimulus will be debunked for trying to solve real problems with non-real solutions.

 

[zimmer]

You really believe that he is a Marxist? Isn't that label a little 1950's?

Yes, his actions are consistent with his:

1. Commi introduction/indoctrination in Hawaii at the feet of Frank Marshall Davis, a member of the old Moscow-controlled Communist Party USA.

2. His community organizing in Chicago, "US of KKK A" with Whitey race baiter Wright, with domestic democrat terrorists Ayers and Dohrn to name but a couple influences.

3. His wife Michelle reveals she has major issues, and has a chip on her shoulder as big or bigger than Mr. Teleprompter. Not good when you go home and the wife has a bigger rag-on about America than you have... instead of tempering the rage, she feeds the beast. "For the first time in her life she is proud of America..." could only from the mouth of someone that has a huge chip on her shoulder.

4. His skimpy voting record in Illinois and his 143 active duty days as a US Senator reveal he is true to 1 and 2.

He's in for the class struggle.
He's in for "spreading the wealth around".
He's for government telling businesses where they can go.
He's for government telling businesses what they can do.

Never mind this good Marxist has never worked in the private sector and has no idea how it functions... his blathering makes it obvious, and his need for a teleprompter tells us he doesn't want to drive his yap into the ditch and have to excavate his ass out of another massive hole his gi-normous yap created.

...it's how you get a President telling business owners they cannot go to Vegas... cannot take their private jets... but his tax cheat will tell you... you're not paying your fair share.

 

[Real Korimyr #9]

No. Despite all of my other objections to how he-- and Congressional Democrats-- are attempting to handle this economy, this is one thing he is doing right. He's doing everything he can to inspire confidence in the economy and the markets.

 

[Kal'Stang]

No. Despite all of my other objections to how he-- and Congressional Democrats-- are attempting to handle this economy, this is one thing he is doing right. He's doing everything he can to inspire confidence in the economy and the markets.

Talking about doom and gloom doesn't exactly inspire confidence....

 

[zimmer]

No. Despite all of my other objections to how he-- and Congressional Democrats-- are attempting to handle this economy, this is one thing he is doing right. He's doing everything he can to inspire confidence in the economy and the markets.

Yeah, he sounds Reaganesque.
Full of optimism.
Hope.
Yes we can.

Not.

 

[Hatuey]

Talking about doom and gloom doesn't exactly inspire confidence....

What doom and gloom? You mean 4.1 million jobs lost in the last 6 months? I think it's a lot better then the Republican-supported candidate who kept saying there was no crisis to begin with.

 

[Kal'Stang]

What doom and gloom? You mean 4.1 million jobs lost in the last 6 months? I think it's a lot better then the Republican-supported candidate who kept saying there was no crisis to begin with.

The doom and gloom crap he spouted to get the stimulus bill passed.

 

[Hatuey]

The doom and gloom crap he spouted to get the stimulus bill passed.

Again. What doom and gloom would that be? 4.1 million jobs lost which is a fact? American companies shipping jobs overseas in massive numbers which is a fact? A huge slump in the job market which is a fact? What doom and gloom? You know : saying there will be a Mushroom cloud over an American city if we don't go to war is doom and gloom. Saying that we need to pass a bill because of something that has already happened is not.

 

[Vader]

Bush and Cheney ****ed up the economy LONG before Obama was ever a Presidential candidate.

Cheney is, was, and ALWAYS WILL BE the mouthpiece of big business.

 

[thabigred]

Bush and Cheney ****ed up the economy LONG before Obama was ever a Presidential candidate.

Cheney is, was, and ALWAYS WILL BE the mouthpiece of big business.

If anything it was how every president for the past 30 years helped lead us to this mess, It was not one 4-8 year regime that did this mess.

That being said Bush taxcuts were terrible, he did next to nothing to cut spending. That can be said for lots of other presidents also.