I try not to be hypocritical in my attacks, because the Dims and liberals are so good at it. I am simply stating that it's a logical fallacy that our economy can turn around on a dime.
That being said, everything Obama is doing is probably making things worse, because he's destroying all hope in the markets. My point is he's doing this all on purpose to destroy and weaken us. We can criticize that all day long.
I just don't want to say silly things like "this is Obama's economy now." We were claiming Bill Clinton's economy was a direct result of Reagan's supply side economics finally working. If it took years and years for Reagan's policies to come to fruition, we're only seeing the beginnings of what Obama's policies will do. In other words, just wait---it will get worse.
And the problem with that is that conservatives keep getting the country back after some spend-happy liberal has destroyed the economy. (This time, Bush was a spend-happy conservative, so Obama's getting it--touche GWB.) But, usually the Dims have benefitted from conservative fiscal policies and Republicans get blamed when the crap hits the fan four to eight years later on their watch.
I hope we are lucky and the economy tanks so fast and hard that it can't be blamed on anyone but Obama.
I understand what you are saying. I agree, you can’t blame Obama individually for the economic problems present on January 20. That doesn’t mean you can say “wait and see if his policies work”, which is what I took your comments to imply. We have long experience with socialism. You could maybe say “give it time” in 1917, but by 1935, it was clear that socialism was a failure and just a form of dictatorship. Policies that lead to socialism, such as unrestrained government spending and government expansion of its involvement in business activities, are always wrong, and should never be given time, because time just increases the number of lives destroyed.
We were saying that Republicans gained control of the House (spending) and the Senate for the first time in 40 years. Thats why the budget was balanced and Reaganomics flourished after 1995. Clinton was along for the ride.
yitbos