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WHY OBAMA WILL DEEPEN THE DEPRESSION
self | November 11, 2008 | Charles Meek

Posted on 11/11/2008 6:17:52 AM PST by grumpa

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The only ray of sunlight that I can see is that it will be the end of leftist ideas in this country. But it didn't seem to end them after the depression of the 1930's. Americans are so completely ignorant about economics, I am not hopeful.
1 posted on 11/11/2008 6:17:52 AM PST by grumpa
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To: grumpa

Is there a link?

Great read, very informative.


2 posted on 11/11/2008 6:20:42 AM PST by stockpirate (Compasionate Conservative, nothing compassionate or conservative about them.)
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To: grumpa

But can that benefit him?, and what can we do?


3 posted on 11/11/2008 6:21:23 AM PST by sickoflibs ( Those who don't learn from (real big) mistakes are losers forever)
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To: grumpa
WHY OBAMA WILL DEEPEN THE DEPRESSION

With all due respect there is no depression at least not yet...

4 posted on 11/11/2008 6:21:38 AM PST by Doofer
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To: grumpa

Minimum wage is already slated to go up to $7.65(?) next summer.


5 posted on 11/11/2008 6:22:02 AM PST by listenhillary (No representation without taxation! ~~ Mark Steyn)
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To: grumpa

The end of lefist ideas, along with the end of laissez-faire capitalism, might just leave us in a position to recover.


6 posted on 11/11/2008 6:22:51 AM PST by Wolfie
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To: grumpa
Thanks.

How does a middle-class family prepare for a depression?

7 posted on 11/11/2008 6:23:31 AM PST by blam
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To: Doofer

I was going to point that out. Of course, all manner of denial will cease when Bush leaves office. Up will be down, doncha know.


8 posted on 11/11/2008 6:24:05 AM PST by Wolfie
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To: grumpa

Obama will increase fuel costs by raising taxes or his windfall profit tax.

This will further hurt the lower and middle classes with across the board price increases on all goods and serves.

The govt is printing TONS of new money so now inflation will rear its ugly head.


9 posted on 11/11/2008 6:24:25 AM PST by stockpirate (Compasionate Conservative, nothing compassionate or conservative about them.)
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To: grumpa

I had to take a class in economics in highschool. I’m confused why they don’t still require that. But by God, you better dress out for PE! Can’t have any fat people, but churn out the dumbies!


10 posted on 11/11/2008 6:27:00 AM PST by autumnraine (Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
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To: grumpa

>>Americans are so completely ignorant about economics, I am not hopeful.

Not ignorant - just short attention span. Tell me, which takes longer: Explanation of supply and demand OR I promise free (whatever)?

For eight years, Libs had a single recurring theme: “Bush lied.” They drummed that into everybody’s head until people actually believe that. Conservatives have to shorten their message - not change it.


11 posted on 11/11/2008 6:27:43 AM PST by NTHockey (Rules of engagement #1: Take no prisoners.)
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To: stockpirate

In a way, his failure will boost the Republican party. It is deja vu 1976 all over again. I hope he doesn’t ruin the country so badly that no good Republican like Palin or Jindal would like to run.


12 posted on 11/11/2008 6:27:53 AM PST by MooseChic
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To: blam

There used to be a thrift/survivalist thread around here that talked about stocking up on provisions and things like that - anybody seen it lately?


13 posted on 11/11/2008 6:28:15 AM PST by GnuHere
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To: blam

Here’s a recent thread on frugality:

http://www.freerepublic.com/focus/f-news/2128937/posts

The one I had in mind is from years ago - dunno if it still exists.


14 posted on 11/11/2008 6:31:33 AM PST by GnuHere
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To: grumpa
The only ray of sunlight that I can see is that it will be the end of leftist ideas in this country.

As long as there is one stupid person in the world, leftist ideas will never die.

15 posted on 11/11/2008 6:32:16 AM PST by Mr Ramsbotham ("A laurel, and hearty handshake ....")
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To: blam

“How does a middle-class family prepare for a depression?”

Get out of debt, even if this means working two jobs for a time.


16 posted on 11/11/2008 6:33:08 AM PST by SumProVita ("Cogito ergo sum pro vita." .....updated Descartes)
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To: Mr Ramsbotham

I don’t buy into that theory at all, either. Can anyone name one instance where leftist ideals have “ended?”


17 posted on 11/11/2008 6:33:37 AM PST by 1rudeboy
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To: stockpirate

But, I thought Obama was going to pay for my gas and mortgage? /s


18 posted on 11/11/2008 6:34:33 AM PST by dforest (Is there any good idea out there that Obama doesn't lay claim to anymore?)
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To: blam

Buy rice. Buy beans. Lots of both.


19 posted on 11/11/2008 6:36:39 AM PST by comps4spice (Stop buying newspapers and magazines and tell advertisers why you are doing what you are doing.)
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To: grumpa

I was talking to a lib last night (a relative) - so frustrating.

Defending every socialist policy in the works yet

VEHEMENTLY DENYING

that it even IS socialism.

Then, she had the audacity to say that wealth redistribution was “Christian” - denying that there was any force or coersion involved in government redistribution.


20 posted on 11/11/2008 6:36:39 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, and Thuggery)
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