Obama is America's best contemporary president (economically)
What is your response to this, TI?
Obama is America's best contemporary president (economically)
What is your response to this, TI?
Re: Obama is America's best contemporary president (economically)
Originally posted by Lestov16
http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/What is your response to this, TI?
I have read that article and it does not mention anything specific on what jobs he has "created."
He does not get the credit for improving the economy and creating jobs, small business and capitalism get the credit.
If you want to take a look at the health care and military industry. More doctors and nurses have quit or lost their jobs because of Obama care and he kicks people out of the military while in the field in Iraq and Afghanistan.
Health Care and Military is what Obama is directly in charge of and control of and people are getting fired and leaving by the thousands.
Health Care Jobs Crisis
Soldiers being fired in the field in harms way.
http://www.stripes.com/news/odierno-more-troops-in-afghanistan-may-get-pink-slips-1.304106
http://www.military.com/daily-news/2014/07/23/captains-deployed-to-afghanistan-get-pink-slip.html
Re: Obama is America's best contemporary president (economically)
Originally posted by Lestov16
http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/What is your response to this, TI?
Well, even though I have been highly critical of Obama, gotta eat my words and say he is a great economic president.
Bush inherited a crash that happened shortly after he took office. Obama inherited a crash that he inherited before he took office (and we were bound to recover).
But how much of that was Obama? I know under Clinton's administration, during his second, a significant portion of the improved economy could be attributed to Clinton. So how much of the recovery in Obama's second term can be attributed to his direct efforts?
Edit - We still aren't at our 2007 unemployment levels, however. We still have not fully recovered. I thought Romney would have been a better economic president in 2008 and I still think that. Obama does not seem half bad...I just have no idea what he's done to get the credit for that.
Re: Re: Obama is America's best contemporary president (economically)
Originally posted by dadudemon
I just have no idea what he's done to get the credit for that.
He has done everything he could to inhibit this country from moving forward, but that is the great thing about human nature and this country, we find a way.
Re: Re: Obama is America's best contemporary president (economically)
Originally posted by dadudemon
...Well, even though I have been highly critical of Obama, gotta eat my words and say he is a great economic president...
Re: Re: Re: Obama is America's best contemporary president (economically)
Originally posted by Shakyamunison
Economically speaking, is your personal economics better right now, as compared to 6 or 8 years ago?
Yes but even during the crash a few years back, I was doing better than ever. I did better despite the economy. When we had the crash in 2008 and it lasted through 2009, I got 3 promotions and 4 raises. lol
Originally posted by Shakyamunison
Do you have more money in the bank? And is that money more valuable then before?
I definitely have more money in the bank so much so that it would be a waste of time to check how inflation compares to back then. The only money I had in the bank in 2008 was the money I got paid (I lived paycheck to paycheck). These days, I have a healthy savings.
I was the exception to the situation and I am a poor example of how bad Americans have had it since 2008.
Re: Re: Re: Obama is America's best contemporary president (economically)
Originally posted by Shakyamunison
Economically speaking, is your personal economics better right now, as compared to 6 or 8 years ago? Do you have more money in the bank? And is that money more valuable then before?
I have less money in the bank now then I did 8 years ago yet I make 30-40% more money as I did 8 years ago.
Go figure.
Re: Re: Re: Re: Obama is America's best contemporary president (economically)
Originally posted by dadudemon
Yes but even during the crash a few years back, I was doing better than ever. I did better despite the economy. When we had the crash in 2008 and it lasted through 2009, I got 3 promotions and 4 raises. lolI definitely have more money in the bank so much so that it would be a waste of time to check how inflation compares to back then. The only money I had in the bank in 2008 was the money I got paid (I lived paycheck to paycheck). These days, I have a healthy savings.
I was the exception to the situation and I am a poor example of how bad Americans have had it since 2008.
I'm happy for you, but most people I know are like me, worse off then 8 years ago.
The economy is a beast unto itself. People that dedicate their entire lives to analyzing it...usually can't. The President's power to control its swings is limited, at best. So assigning praise or blame to an administration is usually just selectively picking facts to favor whatever beliefs you already hold. There is ample data to praise or blame either Bush or Obama, if we chose to skew it as such. So I tend to downplay the government's role in economic prosperity much more so than others.
Originally posted by Time Immemorial
I didn't say this was tied to inflation nor did I blame it on anyone.
Heh. In the context of the thread, it's hard not to see that implication, though, especially given your previously-established political leanings here on the forums. But fair enough.
Originally posted by Shakyamunison
All I know is that during the time of Bush the economy was good. Now, during the time of Obama, the economy sucks. No hack article is going to change that.
You understand the stock market crash that started the recession happened while Bush was still president, yes? Before Obama even took office.