voters trust republican over dems concerning economy

[joevol320]

This is just about as ignorant a statement as any joevol has made.

my statements are as ignorant as yours kb.

 

[Axion Jaxion]

care to explain the last part? or are you one of those "if the plane went down it must be the pilot's fault" type people?

Care to explain why it is not W's fault?

 

[droski]

I don't believe we've approached the marks Carter set in terms of inflation, unemployment, interest rates

i'm trying to think about what president in recent history mirrors carter's policies. . . .

what's that guys name?

 

[Axion Jaxion]

yes, it was all about oil, gas is 10 cents a gallon and every oil company are trillionaires.

you should take an economics class

Go back and read my post, I did not say it was all about oil.

 

[droski]

Care to explain why it is not W's fault?

because he had nothign to do with the collapse of the housing market.

your turn. i bet you $50 you are under 21.

 

[utvolpj]

i'm trying to think about what president in recent history mirrors carter's policies. . . .

what's that guys name?

I can only hope his length of stay in the WH mirrors Carter's too

 

[Axion Jaxion]

i bet you $50 you are under 21.

Your'e a smart man. lol
How could you tell?

 

[droski]

Your'e a smart man. lol
How could you tell?

let's just say your arguments are "unsophisticated."

 

[Axion Jaxion]

I can only hope his length of stay in the WH mirrors Carter's too

As do I, I think Obama is making our issues worse.

 

[Axion Jaxion]

let's just say your arguments are "unsophisticated."

I'm not that experienced talking politics, lol.

 

[KB5252]

let's just say your arguments are "unsophisticated."

you capitalist pig!

 

[joevol320]

Care to explain why it is not W's fault?

the start of the whole mess was because the government promised to back billions and billions of bad loans from freddy and fannie, all because the dems wanted everyone to own a home. Bush and McCain tried to warn congress about this but they were dismissed and proudly said that freddy and fannie were solid. the dem congress wanted to investigate the watchdog group that was warning them about freddy and fannie. nothing was done and when the housing market went down, it started the ball rolling.

you have to remember, there are 3 seperate branches of government. the president does not control the whole government.

 

[KB5252]

the start of the whole mess was because the government promised to back billions and billions of bad loans from freddy and fannie, all because the dems wanted everyone to own a home. Bush and McCain tried to warn congress about this but they were dismissed and proudly said that freddy and fannie were solid. the dem congress wanted to investigate the watchdog group that was warning them about freddy and fannie. nothing was done and when the housing market went down, it started the ball rolling.

you have to remember, there are 3 seperate branches of government. the president does not control the whole government.

I think Bush does deserve some of the blame, after all he did put his support behind making more Americans dreams of home ownership come true.

Everything thing else in this statement is more or less factual.

 

[volinbham]

I don't believe we've approached the marks Carter set in terms of inflation, unemployment, interest rates

We're getting close on unemployment. Inflation is nowhere near but can't be far off with the current spend/borrow policies. Interest rates are nowhere close but should move up (still should stay below Carter-era).

All that gets focused on really is economic growth so it may be the worst recession statistically but as you rightly point out, the "misery index" (the windchill of economic measures) is much lower than during Carter.

Off-course, admitting that would prevent the current admin from doing what they are doing.

 

[joevol320]

I think Bush does deserve some of the blame, after all he did put his support behind making more Americans dreams of home ownership come true.

Everything thing else in this statement is more or less factual.

i'm not saying that Bush is blameless, he could have change the policies that Clinton pushed. at the time, the economy was fine and there were no signs of trouble. he did enough by spending alot of money.

 

[utvolpj]

i'm not saying that Bush is blameless, he could have change the policies that Clinton pushed. at the time, the economy was fine and there were no signs of trouble. he did enough by spending alot of money.

there were plenty of signs there was trouble coming but they ignored it (twice). Dotcom and the housing bubble were like houses built on sand

 

[joevol320]

We're getting close on unemployment. Inflation is nowhere near but can't be far off with the current spend/borrow policies. Interest rates are nowhere close but should move up (still should stay below Carter-era).

All that gets focused on really is economic growth so it may be the worst recession statistically but as you rightly point out, the "misery index" (the windchill of economic measures) is much lower than during Carter.

Off-course, admitting that would prevent the current admin from doing what they are doing.

i was watching a show and a financial guy from the WSJ said that china is very worried about America's inflation, they bought either 40 or 80 billion dollars worth of gold.
hey said they bought 2 fort knox worth of gold.