Honest man. I'm ok but I'm fading a bit.
No, I'm pretty tired right now. Off my normal sleep pattern.
Honest man. I'm ok but I'm fading a bit.
It is truely unfortunate that Obama has done such a wonderful job yet people are unwilling to hear about it. Poor democrats, it is so unfair. I feel very bad for them, they work so hard to do the right thing but in this unjust racist phobic islamophobic oppressive country they will only be punished for doing so.
So, let me make sure I understand:
When Clinton was president and both houses of Congress were Republican, the "decline", the tech bubble (and presumably its bursting) is the fault of Clinton, and when the housing bubble starts under Republican control of both houses of Congress and bursts within 2 months of Republicans losing both houses of Congress for the first time in 12 years, it is still the fault of the Congress (which by this time was Democratic for the first time since 1993)?
So, essentially, no matter who is in control, Republicans are never responsible for anything negative, right?
No. Not at all. I am consistent on this. The so called good years were partially because of the democrats losing control of congress. still, republicans overspent. The economy was doing real well because of technological improvements and the Y2K scare. Congress overspent not caring about normal market trend, which are cyclical. The so called surplus liberal love to brag about only came because of the free market. Nothing that congress or the president did. I will contend that increased taxes and spending would have been greater with a democrat controlled congress, and probably would have had a lesser growth in the latter 90's also.
The tech bubble bursting was a normal trend. Nothing that Clinton did cause the rapid rise in the 90's or the bursting. Y2K simply added to both the rise and fall.
My pointing out the time-frame is a simple reminder that it isn't the president who makes or breaks en economy. I have said in several past threads that Clinton was not responsible for the good economy he had.
My contention that the 2007 economic downturn is because of the democrats getting a majority. They scare the out of businesses. Nobody wants to increase their payrolls. Obama compounds the problem. They are openly against what they call the rich and big business, while propping up their favorite businesses that they appear to want to nationalize.
I agree 100%, but it was all to avert an instantaneous reversion to the stone age. (Allegedly.)
With respect to the point you just made, a sublime irony just occurred to me:Neil Barofsky -- a real window on the dodgy books in our government -- is in le and in fact a government employee.
Last edited by Winehole23; 10-28-2010 at 05:42 AM.
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