not that the current method of "fixing" the economy is doing a bang up job. We need to remove the federal reserve and most of the failed departments of the government that don't do their job anyhow. Let companies who fail themselves change or die on their own dime not ours, but those who are proven to crooks thrown in jail and their assets liquidated.
Auditing the Fed Reserve first - Ron Paul
Closing down the Fed Reserve - Ron Paul
Real free Capitalism - sounds like Austrian economics and not the Keynesian Economics - Ron Paul.
Tossing crooks in jail ... well the jails are pretty full right now ... but I think there could be some room for a few more.
The Dems have had rule of congress since Jan 2007 - which is would mean pretty close to the past 3 years ... Obama has had 11 months in office and the economy is the worse that it's been in over 50 years. I'd say the Dems are not doing are very good job of righting the ship. A dogmatic point of view might be that this is all GW's fault - The repubs sure haven't helped things ... have they. I personally think that it is the same old business in DC .. but even more spending than the norm - which is the truth.
Time may help things to straighten up some .. or sink more.
The the last Wall Street and mortgage debacle was not a product of Republican deregulation. Democrats has as much or more to do with the relaxing of lending standards than anyone else.
Kinda funny, People sit around saying "Oh, they just blame everything on Bush and the Repubs!!" Ignoring the fact Repubs screwed up the country for 8 years, and 12 years before Clinton.. Then, the return argument instead of facts? "Oh, Obama and Dems did it too!" Talk about a full circle, no point blame game.
Um, the 12 years before Clinton were some of the most prosperous in American history. How is that screwing up the country?
Not really. The bulk of the US didn't get ahead till Clinton got in. No wealth was generated, just transfered up the chain from middle to upper class. Plenty of privatized profits and socialized losses. Good deal if you're in the top 2%.
Example: See the S&L crisis.
*yawn* More partisan bullshit blaming the Republicans for what is ironically one of the few truly bipartisan things ever done by Congress. The is more than enough blame to place on many Presidents and several Congressional session. Does anyone buy this bullshit anymore?
Obviously some do ... Money rules DC not the people. Even though lobbyists have spent more money this past year than ever before, let me say that again ... more money spent by lobbyists in DC than ever before .. and the dems control the house, senate and the WH, ... logic would uggest that these lobbyists aren't spending this money on the repubs as much as they are the dems .. I'm sure many will say everything is on the up and up in DC with these major legislation changes.
I just spent a few hours listening to economists talking about the economy. To cut through the boring details, most thought a year ago that things would be worse by now then they were at the end of last year.
They generally credit the US government for taking aggressive steps which they say have turned the economy around. (They point out Japan lost a whole decade of economic growth by NOT doing what Obama did this year)
It isn't worse than a year ago, according to the guys who get paid to figure this stuff out, things are a lot better than a year ago and a lot better than they expected.
To be fair, not all think it will continue to improve, but objectively, we are better off than we were 1 year ago.
You should listen to some different economists ... the ones I listen to don't like all the debt that the US has accumulated and all the debt that we are still racking up ... who is going to pay the bills for all this'?? Just the interest alone on the debt is incredible and staggering. We can not and China won't continue to buy our debt.
The economists that you are probably listening to never saw this collapse coming .. and now it's better.
Kano
Ya think? And the American people will fail right along with them buying it up.