Originally Posted by sammi jo
Originally Posted by trumptman
Happy 105% Debt to GDP!
This of course assumes the economy is as large as the government claims it to be and doesn't account for future liabilities which are incredibly high!
Obama is a failure. However, it is impossible to gauge how presidents perform in the area of economics... it's a complex dynamical system and there are way too many variables and unknowns to be able to slap the blame and point the finger. For example, many people have credited the Clinton presidency as being responsible for the economic boom years of the 1990s - but it has been claimed that the (relative) economic successes of the 1990s were as a result of the policies enacted in the Reagan and Bush Sr. years. Similarly, one could also claim that Obama's pathetic performance in the economic arena is (in part) a result of the same inbuilt delay - in which the fallout from the economic policies pursued by George W. Bush are now being felt.
Certainly there is lag to when a policy is enacted and when the full effect of it is felt and that point could be made for perhaps the first few years of his first term. However we are well into his second term now and the responsibility for the lack of growth should fall completely on his shoulders with regard to policy failure.
The point is that if one declares that it is a complex system, that can't be controlled and that has too many unknowns, they shouldn't be centralizing said system and asking for all the control of it to the tune of trillions of dollars. Go even further with it and now add our health and health care system in there as well.
In otherwords, when you say it can't be done, that the law of unintended consequences will bite you and that something like an economy is too big, complex, and unwieldy to be managed by one person or team, you are making a conservative argument.
The worst aspects of his administration have not necessarily been in the economic arena anyway. His administration is utterly paranoid, as regards selling fear to manipulate and terrorize the public, seen with the burgeoning "national security state", in which the Constitution is under attack, and we are all regarded by Big Brother - aka Big Government - in DC not so much as citizens, but potential criminals or terrorists (!). Obama has also gone medieval with, especially, whistleblowers - ie those people who expose wrongdoing (crime) within government.
That doesn't really trouble me much because it is clear there is no rationale beyond getting the tribe to vote for someone who looks or acts like themselves while staying in power and looting from those who still produce. I could sweat some sinister plot but it is clear from other leftist regimes that there is no deeper motive at play beyond grabbing the money of others and staying in power. A deeper motive would almost be helpful at this point.
One thought here... I wonder how many people really think Obama is a true "liberal", after having signed the Monsanto Protection Act
into law... having also appointed a former Monsanto senior executive
to a position within the USDA? Then there's ObamaCare, a product of the rightwing Heritage Foundation.
Obama is ABSOLUTELY a true liberal. Managing and controlling resources much easier when the masses can only ever go to one source to get their bread. That source of course will be controlled by the government at some point just like everything else.