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OSUViking

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Posts posted by OSUViking

  3. Posted

     

     

     

    Obama hasn't really lived up to a majority of his promises. Last I checked he had a 57% rate of following through on his 2008 campaign promises but the 43% he hadn't followed through with are the big ticket economic issues.

     

    And you're wrong about the deficit spending. Obama agreed that deficit spending needed to end during his 2008 campaign but then he comes into office and outspends any other President in the history of this country, in record time, and while financing 1 less war. There's no secret vault the US owns, that is full of money. People need to stop acting like there's no long term repercussions to spending trillions and trillions into the red.

     

    http://www.politifact.com/truth-o-meter/promises/obameter/ < His promises. A lot of them are simply stalled by the retarded Congress.

     

    Also, the repercussions for sitting back and not deficit spending are far, far worse than the repercussions for spending on deficit. People aren't spending, so the government is obligated to step in and attempt to get the economy moving again.

     

     

    I would agree that Romney and Obama, in a lot of ways, are the same person but I believe the economic downfall sits better in the hands of a businessman that has Romney's record of turning rags into riches. I already mentioned what Romney did as the Governor of Massachusetts and I want to see him get the same opportunity with the entire country.

     

    Romney and Obama aren't the same at all. You can tell this just from reading up on their histories. Hell, you can tell just by looking at the campaign so far. Romney is repeatedly a blatant asshole. Obama? Not so much.

     

    Also, Romney has no record of turning "rags into riches". He's mostly always been rich. His father, George, worked hard and was actually a pretty good governor if my memory serves me correctly. However, Mitt Romney is an idiot. Seriously, putting our nation into the hands of a modern Republican is more idiotic than putting our nation into the hands of a modern Democrat, especially during a time like this. Also, he has, as far as I know, denounced his tenure as Governor of Massachusetts, because he didn't do that great of a job. I will attempt to source all of this, but that will come later. *nod*

     

    What good does agreeing with Obama's economic policy if he's already proven to not follow through with it? And if Romney's policies seem to mimic much of Obama's because just about every politician can acknowledge was is wrong and what needs to be done in order the fix. What [should] makes the difference is which candidate is more likely to execute. You know, make shit happen...something Obama hasn't/isn't doing.

     

    He has proven to follow through with it. Hence, the Dodd-Frank Act that restored financial regulation and the Stimulus Package. I don't think I need to explain anymore that the Stimulus and bailouts staved off total economic collapse. Also, Obama can't execute because he has an extremely hostile and idiotic Congress. Did you not read anything about the possible default last August? You can argue that it got that close because the Republicans were too stubborn to even negotiate. I'm not saying the Democrats are good, but I do believe that the modern Republican Party is detrimental to the economic recovery.

  4. Posted

    No shit you believe Obama has a great track record and Romney will fail.

     

    I'm going to take the chance to mention that I myself am not an Obama cock sucker. I acknowledge his faults; however, I agree with his economic policy.

     

    Romney, however, mimics the economic policy that brought us to this very situation. I don't see how repeating the same action will get different results this time around.

  5. Posted

    Again, your facts show that Obama's 4 years and billions of deficit spending took an American economy that was 'horrible' and made it 'a little less horrible'. Pat on the back!

     

    That's exactly the case. Hell, we probably didn't spend enough with the stimulus. When you're in a recession, it's pretty common to spend a lot to stimulate the economy and get money flowing again. This naturally leads to a massive increase in deficit spending.

     

    Also, I'm just going to say this now, but Obama has made a lot of idiotic/dumb ass promises. Holding any politician to their promises is unfair as it implies they are normal like the rest of us.

  7. Posted

    Phailadelphia: You might as well give up. People, for some reason, have bought into the hype that the bailout and the stimulus failed miserably. A lot of people fail to realize that the bailout saved the banking, insurance, and auto industries. They also don't realize that the stimulus literally staved off another depression.

  8. Posted

    You're right, no one is going to be on board with that. My point was that, regarding fiscal policy, there aren't many other options to improve the economy significantly. At least not that I'm aware of.

     

    If we cut taxes, we might be able to give the middle class the incentive to spend. -HOWEVER-, this might not be the best option because people are conserving their money like the world is going to end.

     

    Also, the economic is stagnating mostly because the Republicans are striking down everything. I mean, the Democrats could grow a pair and fight back, but the Republicans really come off as if they are in this solely to make Obama look bad.

     

    :Americanpoliticians:

  10. Posted · Edited by Vikingfan465

    Except it is improving...albeit slowly, mostly due to being stuck in a liquidity trap, but it is improving.

     

    I think liquidity trap is a term easier to apply to Japan's situation than ours. I'll have to go look that one up, but I haven't seen any signs that the US is in a liquidity trap.

     

    EDIT: No, you're right about this one. I still think that the stagnation in recovery is partly because neither side is willing to negotiate.

  11. Posted

    I lol'd.

     

    The only avenue for economic recovery is under his plan. When you are in a recession, you can either cut taxes to give people the incentive to "spend, spend, SPEND!", or you can spend. I haven't really formed an opinion on the former. Anyway, going with Romney pretty much brings back deregulation. What got us into this mess? DEREGULATION. Obama might not have the balls to face the Republicans that a president should have, but he's much better for the nation than Romney (who, btw, is an idiot with foreign policy and flip-flops on just about everything).

     

    /opinion

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