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To: Chgogal

>>>>She claimed that Obama didn’t have enough time to solve the unemployment.

That’s a very common statement amongst Obama supporters when confronted with unemployment stats. Of course, if you were ask that person if she’s confident in her knowledge of economics, she’d either have to lie or say “Well, uh, actually, I don’t know anything about economics.”

Her statement was simply a MEME, repeated from someone who simply doesn’t want to think.

It’s not new, by the way. Even into his 3rd term as President, FDR continued to blame Hoover and his policies for the fact that the US was still in a depression (”I need more time!”). I’ve found that the meme is bullet-proof against facts and logic: I tell them that unemployment under Bush averaged about 5.5% over his two terms and that unemployment under Obama has so far averaged over 9% (we had two months, I believe in which the stats peaked 10%). I tell them that Reagan inherited a worse economy from the debacle of Nixon-Ford-Carter, with high unemployment AND high interest rates AND high inflation AND a gasoline shortage AND a hostage crisis AND the usual threats from the Soviet Union. Risking unpopularity, he untangled all of it, and created tens of millions of new jobs by the time he left office. I tell them that the explosion of the personal computer industry came about because of all the investment and R&D that was made possible (and profitable) earlier during Reagan’s tenure.

It falls on deaf ears.

You can speak to an economics student like that (if he’s a graduate student), but the ordinary working Man In The Proverbial Street? Forget it. Frankly, I’m unsure what kind of argument to make to such a person at this point.


38 posted on 11/07/2012 1:52:48 AM PST by GoodDay
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To: GoodDay
Obama always referred to the Bush years. This left an opening for Romney and the GOP consultants to say, no way Obama....we are talking about the Reagan years, high growth, low unemployment, a decrease in marginal tax rates and an increase in defense spending. You Obama have done the opposite of Reagan. You grew Washington DC but let the rest of the country wallow in a recession that is now going on for four years. The Romney/Reagan economic policy will bring a new morning to America. You have only brought a Carter like misery to America.
39 posted on 11/07/2012 2:20:59 AM PST by Chgogal (Obama helped murder US Navy SEALs.)
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