Obama regime has no idea how to fix economy

#2
#2
raise interest rates

allow the housing market to hit bottom

sell off a boatload of federal land

sign Keystone XL

lift drilling moratoriums

fire bernanke and Geithner
 
#3
#3
MG1968 said:
raise interest rates

allow the housing market to hit bottom

sell off a boatload of federal land

sign Keystone XL

lift drilling moratoriums

fire bernanke and Geithner
Click to expand...

Sounds pretty good. Small quibble, I'd say stop setting interest rates, and they'll naturally rise.
 
#4
#4
MG1968 said:
raise interest rates

allow the housing market to hit bottom

sell off a boatload of federal land

sign Keystone XL

lift drilling moratoriums

fire bernanke and Geithner
Click to expand...

Add in no more corporate bail-outs and greatly reduce foreign assistance funding and I'm with you.
 
#5
#5
and kill 99 weeks of unemployment because that is insane and is killing businesses that want to hire.

welfare needs to be cut in half also.
 
#6
#6
You guys have missed the number one think slowing economic growth right now...........OBAMACARE........kill it and companies open the purse strings.
 
#7
#7
T-TownVol said:
You guys have missed the number one think slowing economic growth right now...........OBAMACARE........kill it and companies open the purse strings.
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Dumb. The economic downturn began well before Obamacare was even a bill.

In fact, at the time, only Romneycare was.

Hey ....
 
#8
#8
All economists have been warning for years that this recovery would be uber-slow.

First, we've been losing our manufacturing base for four decades.

Second, technology has made a lot of jobs obsolete and a large percentage of the people let go were built in inefficiencies where it was a matter of time, anyway. Companies can do more with less, now, and improve bottom line and stock prices, and are doing so.

Third, the housing bust has hit the middle class particularly hard. Harder than any downturn since the great depression. Expendable income is therefore really suffering, hurting the turnaround.

Fourth, the debt crisis in Europe is retarding the freeing up of credit markets around the world, including here. Its hard to get a loan to buy a house which everyone is worried is going to continue to lose value.

Its a miracle we've come as far as we have.
 
#9
#9
lawgator1 said:
Dumb. The economic downturn began well before Obamacare was even a bill.

In fact, at the time, only Romneycare was.

Hey ....
Click to expand...



down turn started rolling because of Dodd/Frank crap.

down turn went into high gear due to Obama crap.

these are facts.
 
#11
#11
lawgator1 said:
all economists have been warning for years that this recovery would be uber-slow.

First, we've been losing our manufacturing base for four decades because democrats keep pushing union objectives that companies dont face in other countries.

Second, technology has made a lot of jobs obsolete and a large percentage of the people let go were built in inefficiencies where it was a matter of time, anyway. Companies can do more with less, now, and improve bottom line and stock prices, and are doing so because they are not sure of the future outlook on how they will be taxed or regulated.

Third, the housing bust that dodd/frank created has hit the middle class particularly hard. Harder than any downturn since the great depression. Expendable income is therefore really suffering, hurting the turnaround because of this.

Fourth, the debt crisis in europe is retarding the freeing up of credit markets around the world, including here and because we are so heavily in debt to china our dollar is now based on a global market instead of interstate commerce. Its hard to get a loan to buy a house because banks have went back to actually requiring good credit, a down payment, and proof of ability to pay so they dont lose their shirts again.
Its a miracle we've come as far as we have with so many democrats and obama leading us in the wrong directon.
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fyp.
 
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#13
#13
Our our manufacturing base was greatly hurt when Clinton signed that trade agreement.

Before he signed it fifty percent of clothing sold in the U.S. was made in the U.S. Today that number is below five percent. I imagine this is reflected across the board.
 
#15
#15
JokermanVol said:
Our our manufacturing base was greatly hurt when Clinton signed that trade agreement.

Before he signed it fifty percent of clothing sold in the U.S. was made in the U.S. Today that number is below five percent. I imagine this is reflected across the board.
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NAFTA is a big part of the problem. Ross Perot said it would be like a giant sucking sound to business. Turns out Ross was right.
 
#16
#16
lawgator1 said:
Dumb. The economic downturn began well before Obamacare was even a bill.

In fact, at the time, only Romneycare was.

Hey ....
Click to expand...

did you not see the words "right now" in my post.......you only THINK you are smarter than every one else
 
#20
#20
emainvol said:
I mean, somebody has to build tanks and bombs
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And supplies and logistics and employment and combat pay and...

For all the Krugman's of the world that think austerity measures are insane I wonder how many advocate continuing the war?
 
#21
#21
They could cut a bunch of other pork before they get to military. Personally, i'd rather them keep spending on military. These other countries are catching us now. Some of it our doing. Man we got some idiots running this country.
 
#23
#23
T-TownVol said:
did you not see the words "right now" in my post.......you only THINK you are smarter than every one else
Click to expand...

And, obviously, my point is that the problems underlying the cause of tge recession AND the subsequent slow recovery are so structural and have been building for so long that only the most partisan, or foolish, would seriously think obamacare is now the problem.

You are truly uninformed and not very bright if you think you can divorce the slow recovery from the original problems that caused the recession, itself. That is particularly true this time around.
 
#24
#24
lawgator1 said:
And, obviously, my point is that the problems underlying the cause of tge recession AND the subsequent slow recovery are so structural and have been building for so long that only the most partisan, or foolish, would seriously think obamacare is now the problem.

You are truly uninformed and not very bright if you think you can divorce the slow recovery from the original problems that caused the recession, itself. That is particularly true this time around.
Click to expand...
I agree to some extent, but Obamacare is like squirting lighter fluid on a burning building.
 
#25
#25
lawgator1 said:
And, obviously, my point is that the problems underlying the cause of tge recession AND the subsequent slow recovery are so structural and have been building for so long that only the most partisan, or foolish, would seriously think obamacare is now the problem.

You are truly uninformed and not very bright if you think you can divorce the slow recovery from the original problems that caused the recession, itself. That is particularly true this time around.
Click to expand...

Do you care that a very large percentage of companies have cited Obamacare as a reason that they are not hiring? Do you care that many organizations, such as SBB, say that their members aren't hiring because of Obamacare? Do you care that my company, a multi-billion dollar company, is only hiring temps and no permanents right now because we are unsure of the full effects of Obamacare?

Whether it should affect hiring is one question, but if companies believe that it will negatively impact them and it influences hiring, then it is real.
 
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