(08-29-2015 11:09 AM)HeartOfDixie Wrote:  The folks just aren't feeling it out there.

This POTUS has been awesome for the rich. He has been an abject failure with the middle class and poor. Funny IMO.

(08-29-2015 09:13 AM)Fitbud Wrote:  

(08-28-2015 08:15 AM)Owl 69/70/75 Wrote:  Particularly in a recovery, it ought to be over 4%. The weakness of this "recovery" remains its most remarkable attribute. Economies generally bounce back strongly after recessions, and the harder and deeper the recession, the stronger and faster the bounce back.
As for giving Obama's economic policies credit, the primary driver is cheap energy from fracking, and both cheap energy and fracking are counter to Obama's stated positions for dealing with climate change and the environment.
The two weakest recoveries in our history were the 1930s and now. Those are the two times that Keynesian "stimulus" have been tried on a massive scale. Draw your own conclusion.

I'm just blown away that you acknowledged a recession AND a recovery in the same post.
My how the republicans have a long way since 2008.

Who's a republican?
When did I ever not acknowledge that there was a recession in 2008?

(08-29-2015 09:13 AM)Fitbud Wrote:  

(08-28-2015 08:15 AM)Owl 69/70/75 Wrote:  Particularly in a recovery, it ought to be over 4%. The weakness of this "recovery" remains its most remarkable attribute. Economies generally bounce back strongly after recessions, and the harder and deeper the recession, the stronger and faster the bounce back.

As for giving Obama's economic policies credit, the primary driver is cheap energy from fracking, and both cheap energy and fracking are counter to Obama's stated positions for dealing with climate change and the environment.

The two weakest recoveries in our history were the 1930s and now. Those are the two times that Keynesian "stimulus" have been tried on a massive scale. Draw your own conclusion.

I'm just blown away that you acknowledged a recession AND a recovery in the same post.

My how the republicans have a long way since 2008.

I'm sure you'll acknowledge that Clinton left Bush the seeds of a recession and a busted bubble in the stock market.

(08-29-2015 10:05 AM)QuestionSocratic Wrote:  We should be doing better and the reason why we are not can be laid right at the doorstep of the White House.

In the first two years of the President's term, he had majority control over Congress and effectively got anything through he wanted. So what did we get?

A stimulus package with arguably insignificant beneficial results.

Dodd-Frank, legislation that has made it significantly more difficult for financial institutions to loan money to companies that want to grow.

Obamacare which has resulted in businesses abandoning hiring and restructuring down their employment.

Regulations from the NLRB, EPA and FDA, that have caused businesses to give pause to expansion plans, if not outright destroyed some employers (eg. coal miners).

And we get corporations with record amounts of cash on their balance sheets. Cash that under a pro-business administration, could have been applied to growth strategies that would have fostered a healthy GDP growth cycle.

And he personally threw millions out of work by destroying consumer confidence. In February after he had been belly-aching every day about how bad things were and how they were just going to get worse, Bill Clinton had to tell him to just shut up. I'd sent the same advice in November (not in those words). Not that I expected my e-mail to get any attention. But it was obvious to me that his negativism would hurt the economy. It took Bill to get the President and all his advisors to understand it.

(08-30-2015 09:35 AM)QuestionSocratic Wrote:  

(08-29-2015 09:13 AM)Fitbud Wrote:  

(08-28-2015 08:15 AM)Owl 69/70/75 Wrote:  Particularly in a recovery, it ought to be over 4%. The weakness of this "recovery" remains its most remarkable attribute. Economies generally bounce back strongly after recessions, and the harder and deeper the recession, the stronger and faster the bounce back.

As for giving Obama's economic policies credit, the primary driver is cheap energy from fracking, and both cheap energy and fracking are counter to Obama's stated positions for dealing with climate change and the environment.

The two weakest recoveries in our history were the 1930s and now. Those are the two times that Keynesian "stimulus" have been tried on a massive scale. Draw your own conclusion.

I'm just blown away that you acknowledged a recession AND a recovery in the same post.

My how the republicans have a long way since 2008.

I'm sure you'll acknowledge that Clinton left Bush the seeds of a recession and a busted bubble in the stock market.

Actually the 2001 recession was directly a result of 9/11.