Whovian
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By a 44 percent to 34 percent margin, Americans say they believe they are worse off than when President Barack Obama took office in early 2009, when the U.S. was in the depths of a recession compounded by the September 2008 financial crisis and the economy was losing as many as 820,000 jobs a month.
...fewer than 1 in 10 people expecting unemployment to return to pre-recession levels within the next two years...
The Bloomberg poll shows 66 percent of Americans think the U.S. is going in the wrong direction now.
As the public grasps for solutions, the Republican Party is breaking through in the message war on the budget and economy. A majority of Americans say job growth would best be revived with prescriptions favored by the party: cuts in government spending and taxes, the Bloomberg Poll shows. Even 40 percent of Democrats share that view.
Though Americans rate unemployment and the economy as a greater concern than the deficit and government spending, the issues are now closely connected. Sixty-five percent of respondents say they believe the size of the federal deficit is “a major reason” the jobless rate hasn’t dropped significantly.
Man, this is shaping up to be very bad for liberal progressives.....
j-mac
And this is OBama's fault how?
So Obama has no culpability for anything? Is it still Bush?
I realize it's hard to keep striaght everyone's separate opinions, but I don't believe any president is responsible for the economy. I don't believe government can control it at all. Whatever they do is largely to help limit the harm or help the recovery, but both largely have minimal effect.
I absolutely disagree that the government cannot significantly help or hinder the economy.
You may disagree. You wouldn't be the first. But I believe if they could, they would. If the election was all Obama cared about, he would have the economy humming. Same with congress critters. The fact that neither party can get it there suggests that they can't.
They don't care... they are all in denial...
I absolutely disagree that the government cannot significantly help or hinder the economy.
You dirty Keynesian, you! :shock:
While it is must easier to affect negative consequences than positive ones, there are definitely steps the government could take to cause fairly quick, positive changes. They just don't do it...probably largely because it would be harmful in the short term (and they don't want to lose votes), it would decrease government authority (and they don't want to lose power), or it would anger one voting block or another (again, don't want to lose votes). Government has become more about reelection than about running the country. That is, by and large, the reason we don't see affective policies to help the economy. The correct course is not often the most popular one, and there's too much to lose personally.
And this is OBama's fault how?
I don't think the government should act as Keynes proposes. :2razz:
So Obama has no culpability for anything? Is it still Bush?
It is at least in part his fault, through his policies. It is COMPLETELY his responsibility to correct it. He is the President... captain of the ship. At this point, I think a lot of people think they are on the Titanic.
You may disagree. You wouldn't be the first. But I believe if they could, they would. If the election was all Obama cared about, he would have the economy humming. Same with congress critters. The fact that neither party can get it there suggests that they can't.
Okay. Here's my honest take on this.
The thread/article title is meant to induce a correlation = causation, or "post hoc ergo propter hoc" type of fallacy. Just because 44% of Americans feel that they are "worse off" under Obama, doesn't not mean Obama is entirely responsible for them being worse off. Capische?
Remember, Obama took over an economy that was in a downward spiral back then. It was all ANY president could do to arrest the descent, much less climb out of the hole. During the worst part of the recession, we were bleeding of hundreds of thousands of jobs PER MONTH. I mean, at least we're on a positive trajectory now.
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