Someone please explain

  • Thread starter Thread starter LoveHorns
  • Start date Start date
Yo,
I actually don't disagree with your list much. To be honest though, I don't think much of that is Obama's doing one way or another. Our military and intelligence communities have been pursuing OBL ever since 2001, and I am glad they found him and all, but I don't give Obama credit for that, nor would I have given Bush credit for that re ally. I give credit to the military and intelligence communities.
Blaming or crediting the president with the business cycle and recoveries are always over stated in my opinion. It is just too complex. I still think Carter had more to do with the housing collapse than Reagan, Bush the Elder, Billy, W, or Obama. It was the reworking of fed lending policies at quasi governmental agencies that created the subprime market to begin with. It really takes a longer view of reading history than 'it's Obama's fault.' Tally that one to Carter.
Let me name some things that I still hold against Obama.

1) starting wars with countries without Congressional approval. I may have been opposed to going into Iraq, and disagreed with Bush on that point, but Congress gave him authourity in advance, as per the US Constitution. Obama's constant and consistent denial of needing Congress to utilize US military personnel and equipment is beyond me. He is literally spending hundreds of millions in the process as well.
2) Obamacare. Spending federal dollars on healthcare is simply not an enumerated power granted to the US federal government. Obama simply stands with no authourity per the rule of law once again.
3) Per one of the WH's own economists, the stimulus package spent 278k per job created. I don't care who spends money like that, it is simply poor fiscal policy because ALL of that was money we don't have.
4) Government dollars being spent to provide 300 abortions in DC while the Democrats controlled both houses of Congress and the WH. This is clearly a violation of existing US law. It is also morally reprehensible on the level of Obama bombing other countries without any authourisation.

Obama isn't interested in following the US Constitution. He says things like the mandate in Obama isn't a tax in order to pass it through the Congress, than has has DOJ argue in court that the reason the mandate is legal is because the federal government has the authourity to tax.
Bush took great liberties with the US Constitution and Obama has just magnified them.
 
Is there anything to be learned from Canada?The Link
"Canada's economy created a surprisingly high number of jobs in June, but dismal U.S. data and lack of wage inflation may mean the central bank keeps its foot on the accelerator for a while longer with low rates.

Net employment gains in the month totaled 28,400, Statistics Canada said on Friday, compared with the 15,000 expected by markets. The transport and warehousing industry did the most hiring and overall gains were mostly in part-time and public sector jobs.

The unemployment rate held steady at 7.4 percent as more people entered the labor market.

The job market has been stronger than expected for three straight months now, good news for an economy that is seen to have slumped in the second quarter but may regain momentum in the second half of the year.

"It was a pretty decent number. ... It's basically suggesting the economy continues to expand at a fairly decent rate," said Sheryl King, chief economist at Bank of America Merrill Lynch Canada."
end of quote
The recession hit Canada hard too. Because its economy and ours are connected, our unemployment rates moved similarly from July 2008 until the "stimulus" passed; both countries' rates were 6.1 percent in August 2008 and rose in lockstep through February 2009, to around 8 percent,.


Canada didn't push a "stimulus" In fact they lowered taxes in Jan.Their job creation in a nation of about 34 mil, Less than Calif was 10,000 more than our entire country did.

Hard to ignore what is going on there and it kinda calls into question Obama's lame excuse that without the porkulus things would have been worse,

Are the 2 countries the same? of course not but they are certainly closely related on many fronts.And ideas can be adapted here
Will Obama pay attention to how they did things?
 
No, he won't. Cutting taxes does not fit his social agenda of "spreading the weath around" or "sharing the pain" as it is called today.
 

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