What the bleep has obama done so far dot com

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DW_a_mom
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05 Nov 2010, 1:57 pm

ruveyn wrote:

So where are the jobs?

Obama's policies have not decreased the rate of unemployment appreciably.

ruveyn

That depends on who you are talking to. There are many experts who report that he actually did successfully avert quite a lot of economic disaster and potential unemployment increase. You have to remember that he faced a situation of sliding down; first step is to stop the slide. There isn't usually a lot of visible glory in it, but it remains difficult to do and is extremely important.

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Chevand
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05 Nov 2010, 2:06 pm

ruveyn wrote:

Vexcalibur wrote:

Indeed, it is far easier for any president to just wait for it to happen than to enforce it and get even more blame even though it would actually fix the unemployment issue.

--
Regarding the economy as a whole, only way to fix US economy in a short term is to start a war.

And yeah, that's the sort of thing that is very popular in the US, so I wouldn't be surprised in the slightest if a new war starts this month.

WW2 is what ended the Great Depression. You might be on to something.

ruveyn

Except that we're already at war, and have been at war continuously for the past eight years, and the Bush Administration's reckless spending on Iraq and Afghanistan is one of the primary reasons the U.S. went from having a Clinton-era surplus to a massive deficit. While the defense contractors might be happy about another war, it's unlikely to stimulate the economy to the degree that WWII did because the U.S. no longer has the industrial structure it had in the late 1930s. Many of those manufacturing jobs have been outsourced, to places like Taiwan, Russia, and Italy. Much of the outsourcing occurred under Bush.

Besides which, polls consistently show that after eight years, the majority of American people are weary of war. After the unpopularity Bush brought upon himself by dragging the U.S. to war with Iraq on false pretenses, any future war the U.S. might undertake at this point would have to be firmly justifiable as self-defense, or else it would be an act of political suicide.

I believe that the best way to expand employment now is exactly what Master_Pendant said: start hiring people to work on our infrastructure. It's been neglected now for several decades, as evidenced by the Minneapolis bridge collapse a few years ago, and there are plenty of projects to be repaired or built that would not only stimulate American industry, but would also serve the American people in the long run. And those are jobs that, for the most part, cannot be outsourced.

number5
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05 Nov 2010, 2:30 pm

DW_a_mom wrote:

ruveyn wrote:

So where are the jobs?

Obama's policies have not decreased the rate of unemployment appreciably.

ruveyn

QFT. I think it won't be until many years from now that we realize the massiveness of the tide that has been shifted via the Obama administration. It's very difficult in the midst of hard times to understand just how catastrophic things really could have been.

ruveyn
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05 Nov 2010, 2:49 pm

number5 wrote:

Which is why such suppositions are pure speculation. One can say any thing he damned well pleases about what did not happen.

Counterfactual definite assertions are no substitute for facts. Here is a fact: the promised jobs are not materializing. Now work with that.

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Vexcalibur
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05 Nov 2010, 3:13 pm

Quote:

Deficit? maybe. But few people remember that we were at economic crisis in 2000-2001 due to the dot-com bubble. 9/11 caused issues with the air travel industry yet somehow the overall economy got fixed...

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Last edited by Vexcalibur on 05 Nov 2010, 3:33 pm, edited 1 time in total.

skafather84
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05 Nov 2010, 3:15 pm

Vexcalibur wrote:

Quote:

Deficit? maybe. But few people remember that we were at economic crisis in 2000-2001 due to the dot-com bubble. 2001 caused issues with the air travel industry yet somehow the overall economy got fixed...

Again again again, it goes back to Greenspan and Bernanke (the apprentice). Core monetary policy is flawed at the moment.

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number5
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05 Nov 2010, 3:28 pm

ruveyn wrote:

number5 wrote:

Speculation does not mean untruth.

As far as job creation goes, we've tried tax cuts for the rich. It has NOT worked. These cuts have been in place for the last 9 years or so and all they've done is contribute to the mess we're in now. An argument could be made that these cuts are at least partly responsible for the dramatic increase in income inequality we see today. Tax cuts don't create jobs, they just make the filthy rich even richer. Enough with the trickle down economics.

I believe it's been mentioned several times before, but to create jobs, we should be fixing and improving our infrastructure as well as work on energy solutions. But this would mean the big, bad government would need to step in to create these jobs. In our current Glenn Beck induced paranoia of all things related to government, that's unlikely to happen.

ruveyn
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05 Nov 2010, 9:13 pm

number5 wrote:

I believe it's been mentioned several times before, but to create jobs, we should be fixing and improving our infrastructure as well as work on energy solutions. But this would mean the big, bad government would need to step in to create these jobs. In our current Glenn Beck induced paranoia of all things related to government, that's unlikely to happen.

I agree. Instead of bailing out banks, we should be fixing our crumbling bridges and highways.

ruveyn

Last edited by ruveyn on 06 Nov 2010, 4:40 am, edited 1 time in total.

skafather84
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05 Nov 2010, 11:20 pm

ruveyn wrote:

I agree. Instead of bailing out banks, which should be fixing our crumbling bridges and highways.

ruveyn

The problem is that the way the previous administrations (pretty much the last 20 or 30 years) had handed over so much of the monetary sway to these certain few institutions that they had the value of the currency by the balls and they had to be bailed out. A big reason for the crash was because Bush had let Lehman Brothers fail and it caused a large amount of panic with the other big money holders.

Conservative economics doesn't work when your entire economic infrastructure has been built around a corporatist bent for the past 30 years of economic "growth".

I don't agree with the bailouts but unless there was a larger timescale of giving them an ability to actually gameplan and work out a solution, it would have been pretty close to almost total economic collapse. Bush and Obama pretty much HAD to do that and follow through with it. What should be done from this point on forward is a breaking up of these large trusts but then they could easily use their money to buy off ads to advertise it all as a socialist takeover of their businesses despite their nearly destroying the economic infrastructure.

skafather84
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08 Nov 2010, 3:27 pm

New Site: "What in the bleep has Obama done so far?"

The republican wing of politics still won't agree with it but that's mainly because it's all the stuff the repubs like.

ruveyn
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08 Nov 2010, 3:47 pm

this thing sound like the inside of a Monty Python movie.

ruveyn

ikorack
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08 Nov 2010, 6:40 pm

ruveyn wrote:

Vexcalibur wrote:

WW2 is what ended the Great Depression. You might be on to something.

ruveyn

Wasn't it that and the GI Bill? or am i remembering my history lessons wrong? Which would mean ending the war would be better? or am i missing something? I think I'm missing something but not something negative.

ruveyn
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08 Nov 2010, 9:03 pm

ikorack wrote:

ruveyn wrote:

Vexcalibur wrote:

WW2 is what ended the Great Depression. You might be on to something.

ruveyn

The Depression was over in 1940. Preparation for war and Lend-Lease cranked up the U.S. factories again.

ruveyn

WorldsEdge
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09 Nov 2010, 1:05 pm

skafather84 wrote:

wtfhodsf

Enjoy.

Damn. He's on his way to making Santa Claus unemployed. :roll:

Anywhere on the site about how all of these goodies are going to be paid for?

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skafather84
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09 Nov 2010, 1:18 pm

WorldsEdge wrote:

skafather84 wrote:

wtfhodsf

Enjoy.

Damn. He's on his way to making Santa Claus unemployed. :roll:

Anywhere on the site about how all of these goodies are going to be paid for?

See the second version I posted just a couple posts back.

iamnotaparakeet
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09 Nov 2010, 2:02 pm

skafather84 wrote:

ruveyn wrote:

So where are the jobs?

Obama's policies have not decreased the rate of unemployment appreciably.

ruveyn

It is much easier to destroy than to create.

You're expecting 8 years of destruction to be rebuilt in 2?

Of course, it's easier to build with a hammer and nails than it is to build with mere words about how important building is.

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