07-07-2009, 10:53 PM | #51 |
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So if two planes crash into two skyscrapers in the month of July, that will be Obama's fault, right? Enough time has passed that it is no longer feasible to blame the Bush administration?
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07-07-2009, 11:04 PM | #52 |
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Obama is the President.
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07-07-2009, 11:08 PM | #53 | |
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But let's be fair here: presidents don't actually deserve as much credit or blame for economic gyrations as they get. Nonetheless, the political reality is that if you're in the Oval Office, you carry the burden. And Obama embraced this. No one forced Obama to propose a huge pork-spending bill, call it a stimulus plan, and sell it on the basis that it would reduce unemployment increases by as much as 2% over projections. The truth is, if things improve he'll take credit for it, and if they worsen he'll blame Bush. S.O.P. for both parties. Considering how Bush was treated, especially in the wake of 9/11's economic impact, il Pad is completely within proper (political) bounds to say Obama should now "own" this economy.
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07-07-2009, 11:24 PM | #54 | |
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Public perception is not based upon scholarly investigation of correlative factor and complex causative analysis.
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07-08-2009, 12:00 AM | #55 | |
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1. We'll don't know the effect of the stimulus. 2. If the economy tanks so will Obama. While you're at it, would you mind interpreting this economic data for me? I think it's something to do with lawyers and the economy. Thanks in advance.
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07-08-2009, 12:16 AM | #56 |
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Chino, just accept the fact that your political hero made a bad economy worse.
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07-08-2009, 12:26 AM | #57 | |
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We'll be back in business pretty soon
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07-08-2009, 01:08 AM | #58 | |
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And although such analyses are useful, if you want me or anybody else to believe they are conclusive in establishing causation, then blow it out your ass. Liquidity has not been adequately restored to the credit markets, the toxic assets have been over-valued. If you believe otherwise, try getting a loan in Vegas. So you studied economics at BYU where we're not exactly at the top of the food chain in that arena. And by most estimations, economics, though fascinating in explaining emotional human behavior, is far from a physical science. The explanations are interesting and studies can be fashioned based on one's biases to explain what the scholar "believes" is occurring based upon the techniques of the industry, which is overal skewed toward a Keynsian format. You'll get no argument from me that a country will benefit more from a culture which encourages engineers and peoples building and manufacturing goods. My own children are geared for that very reason toward engineering and architecture. A developed nation which has no industrial and technological base has no future in my opinion. Ours is obviously dwindling.
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07-08-2009, 03:10 AM | #59 | |
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07-08-2009, 03:24 AM | #60 | |
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