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Thread: Go, Economy!

  1. Obama has no saying what the CBO does.

  2. #2402
    I'm almost positive it wasn't the CBO that said that unemployment would never break 8% if we wasted money on the stimulus.

  3. Stimulus happened, we're at 7.7%. What's the problem now?

  4. #2404
    No, no. It was never supposed to go above 8% not take four years to get back below it.

  5. But it did, and we're under 8% now. Look at what's going on in Europe if you want to see what happens when you choke your way out of a recession. It just makes things worse.

  6. I understand there are some things that are out of politicians' hands and they happen. What matters is guiding us out of the problem, and that's what happened. I'd give the same accolades to Bush if he were able to sidestep something and bring is to where we want to be, too.

  7. #2407
    Who wants to be where we are exactly?

    edit: And who wants to be where we'll be when Obama gets a typical symbolism over substance $80B more in revenue a year against a $1T deficit?
    Last edited by Yoshi; 08 Dec 2012 at 06:39 PM.

  8. Do you want to be where Greece is? Where Spain is? That's what happens when you tighten belts during a recession instead of injecting money into an ailing economy. It's proven to work; austerity has proven to fail. I'll take real world examples over theories any day.

  9. #2409
    I don't want to take one step on the path of any of the entitlement states in Europe.

  10. Say what you want about how they run their states, but the fact is they enacted austerity measures and went further down the hole with soaring unemployment and people who couldn't afford even the simplest of necessities. It's been proven if you inject money into a hurt economy it helps it recover faster and even avoid recession or a full-blown depression. Bush got the ball rolling, Obama continued it. They've been the correct steps and have kept us from falling into oblivion.

    And think what you want of me, but I'm fiscally conservative while socially liberal. I don't want them spending unnecessary money. This is necessary.
    Last edited by Razor Ramon; 08 Dec 2012 at 08:44 PM.

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