What Are the Consequences of Obama Failing?

[gopher]

''There you go, saying that Bush created the mess again. But you still haven't said how.''


I have done that already by posting numerous links which discuss the issues. Just because you don't want to believe them doesn't mean you are correct and everybody else is wrong. Utilize the search button at the top of the page and you will find all the links you need.

 

[Kreskin]

He is responsible for this:

 

[YukonJack]

"Yup. He knows fully well that it was Bush who created the economic mess. If it had been the Democrats who did so, Obama would not have won by nearly 10,000,000 votes in what was the biggest landslide in USA political history."

Liberals are diswtinguishable from normal humans by three distinct characteristics:

1. They lie.
2. They always want to re-write history.
3. They never research the claptrap they spout.

By that definition the author of the above gem surely qualifies. If he had done due diligence he would have found the following regarding Presidential election landslides:

States Carried Electoral votes % of pop. vote

1920 Warren Gamaliel Harding 37 404 60.34
1936 Franklin Delano Roosevelt 46 523 60.78
1964 Lyndon Baines Johnson 44 486 61.05
1972 Richard Milhouse Nixon 49 520 60.69
1984 Ronald Wilson Reagan 49 525 58.77

Then there is the "biggest landslide in USA political history":

2008 Barrack Hussain Obama 28 365 52.9

Why, this "landslide' similar to the election results of the worst President, ever, Jimmy Carter.

One can take everything gopher says with a grain of salt.

 

[SirJosephPorter]

You must include every President from Taft thru present day for the problem, no exceptions. They all did their little part.

You mean every Democratic president.

 

[ironsides]

You mean every Democratic president.

No, every President. (If they are a politician, they are a crook)

 

[Extrafire]

I am not saying that, Extrafire, you are saying that. What I am saying is that in your zeal to criticize a Democrat, you are ascribing almost godlike powers to Carter.

If you had paid attention to my posts on this subject, you will recall that I attributed some of the blame for the current mess to Bush for not doing enough to stop the sequence of events put into play by the legislation of Carter and Clinton. He had massive opposition from the Dems as well as some of the Reps because they didn't want to be painted as taking away the chance to own a home. I acknowledge that politically it's very difficult to do, but he should have gone public, taken it to the people He would have been slammed by the press and the Dems if he had, but it would have been the right thing to do.

If somebody can do something in four years, which 20 years of Republican President and 12 years of republican Congress are powerless to turn around, that person is very powerful indeed. And you are saying that, I am not saying that.

There you go, saying it again, and then you say you didn't say it, but attribute it to me!

So if that isn't how you see it, please explain just exactly what Bush did to bring about the mortgage meltdown. Enquiring minds want to know. I await your answer also with baited breath.

 

[Extrafire]

I admitted nothing of the sort, Extrafire,

Sure you did. If you don't mean it, don't say it.

I was just expanding on your point of view. In my opinion, it looks as if Obama has been able to bring the economy back from the abyss

Ben Bernenke brought the economy back from the abyss (depression) but it isn't certain yet that the recession is over.

(and Bush put us there)

which you keep saying without explaining just how he did that.

So explain.

 

[Extrafire]

''There you go, saying that Bush created the mess again. But you still haven't said how.''


I have done that already by posting numerous links which discuss the issues. Just because you don't want to believe them doesn't mean you are correct and everybody else is wrong. Utilize the search button at the top of the page and you will find all the links you need.

It isn't a matter of belief. It's a matter of not having ever seen anything from you explaining how Bush managed to do it. I'll be happy to search, but it would help if you could provide me with the words that would lead me to your posts.

Incidently, with the same number of words you have already used for this post, you could have given an outline of how Bush did it. So c'mon, just type in a few words explaining how he did it. What are you afeared of?

 

[SirJosephPorter]

Ben Bernenke brought the economy back from the abyss (depression) but it isn't certain yet that the recession is over.

Oh, I like that Extrafire, this is rich. If economy goes into the toilet, Obama is to blame. But if economy is brought back from abyss, Berneke gets the credit.

Well, it doesn’t work that way. If economy recovers, Obama will get the credit. As yet the economic indicators do not affect his approval rating, because unemployment is still on the upswing (if at a much lower rate than before). Let the unemployment start going down, let the economy start creating jobs, and watch Obama’s approval rating soar. And unfortunately for Republicans, this may come just in time for the next election. It is very likely that unemployment will start coming down in 6 or 8 moths, unemployment is always the last indicator to show improvement.

 

[SirJosephPorter]

which you keep saying without explaining just how he did that.

So explain.

Sure Extrafire, the answer is simple. Massive deregulation. Republicans have not come across a regulation that they liked. The let Wall Street pretty much run loose, they took it pretty much on faith that Wall Street, if totally unregulated, can look after itself.

No doubt Bush and Republicans were rudely shocked when Wall Street got into trouble and approached Washington, cap in hand.

In my opinion, capitalism is the best system around. However, unchecked, rampant capitalism is as bad as rampant, unchecked Socialism. Big corporations must be subjected to strict regulation, which Republicans did not do.

 

[Extrafire]

Ben Bernenke brought the economy back from the abyss (depression) but it isn't certain yet that the recession is over.

Oh, I like that Extrafire, this is rich. If economy goes into the toilet, Obama is to blame. But if economy is brought back from abyss, Berneke gets the credit.

Uh, no, the economy went into the toilet and Carter/Clinton are primarily to blame. Duh! Haven't you been paying attention? I put the blame where it belongs, and also the credit.

Well, it doesn’t work that way. If economy recovers, Obama will get the credit. As yet the economic indicators do not affect his approval rating, because unemployment is still on the upswing (if at a much lower rate than before). Let the unemployment start going down, let the economy start creating jobs, and watch Obama’s approval rating soar. And unfortunately for Republicans, this may come just in time for the next election. It is very likely that unemployment will start coming down in 6 or 8 moths, unemployment is always the last indicator to show improvement.

Obama will be quick to take the credit, as would any politician in power. As I have pointed out numerous times, I'm not interested in who gets blamed, but rather who actually is to blame. Same goes for credit.

 

[Extrafire]

which you keep saying without explaining just how he did that.

So explain.

Sure Extrafire, the answer is simple. Massive deregulation. Republicans have not come across a regulation that they liked. The let Wall Street pretty much run loose, they took it pretty much on faith that Wall Street, if totally unregulated, can look after itself.

That's very general, very vague. PUt some specifics into it, show the sequence of events beginning with Bush actions that directly resulted in the mortgage meltdown

 

[Extrafire]

The unemployment rate went up to 9.7%, reversing the improvement we saw in July. To be fair, “unemployment” is somewhat difficult to measure. For one thing, the way the unemployment rate is calculated doesn’t take into account the people who are no longer looking for work. (You know, the “discouraged workers” we heard about endlessly during the Bush years.) So you could see the economy improve but the unemployment rate actually go up, because more people start looking for work.

So, you might ask: just how many jobs have we got out there? Why, looky here, the BLS tracks that as well!

August Unemployment Data « Innocent Bystanders

Doesn't look all that good yet! Hope things turn around soon.