100% Chance Country Would Have Gone Into Depression If Not for Obama
I was watching the market pretty much tick for tick in early 2009, and I can guarantee you that if Republicans had had their way the bottom would have fallen out of the markets and the country would have gone into depression. That is 100% certain. No rational person can seriously contest it although many irrational people on TUSCL will disagree I'm sure.
Republicans/Libertarian and Randroids are really living 100 to 150 behind the times and are a complete embarrassment to country and anyone who's brain has made it out the early 20th centurty.
Republicans/Libertarian and Randroids are really living 100 to 150 behind the times and are a complete embarrassment to country and anyone who's brain has made it out the early 20th centurty.
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He's certainly the best president in my lifetime. Better than Clinton even.
I'll give this Trump guy a chance, but Obama is going to be a pretty hard act to follow.
Any rational person would agree that the public sector needs to step in with a Keynesian stimulus when the country is in recession. If anything, the Obama stimulus was too weak, but the overall result was to boost employment and GDP over the years. Out-of-the box thinking at the Fed by Bernanke undoubtedly helped too, and the ECB eventually copied Bernanke to prevent a deflationary tailspin in Europe. Guys like Bernanke and Fischer are unsung heroes.
Could have put this in one of the other threads, but Obamacare was a great accomplishment in getting 20M covered with health insurance. Unlike Sanders, Obama recognized that single-payer healthcare was politically impossible. Keeping the insurance industry in the loop while preventing denial of pre-existing conditions requires taxing more affluent people, requiring mandates, and giving subsides to the poor. There is no replacement for Obamacare, and people will simple die if it is repealed. In America we tolerate having this vast for-profit middleman (the insurance industry) even though it raises the cost of health insurance and restricts access to medical care.
Obama's my favorite president in my lifestyle. Other Obama accomplishments like reducing our need for fossil fuels and getting Bin Laden. He's cool, thoughtful, and charismatic. Great speaker, too. Love this quote from his farewell address that reminds me of poor angry white guys (like @GammaNu):
“If every economic issue is framed as a struggle between a hard-working white middle class and undeserving minorities,” he said, “then workers of all shades will be left fighting for scraps while the wealthy withdraw further into their private enclaves.” --Obama
Obama was the man needed to make the right decisions to keep the country out of depression in 2009, but once those decision were made it was the stock market, tech industries, and American entrepreneurship who took us from that to the economic boom we are currently in.
At the same time, he seems to have stagnated toward the end of his presidency. No longer the man the times call for? Next step seems to be not just economic boom, but super turbo charged greatest economic boom in world history. Is Trump the man needed to make the correct decision to get out of the way of that? Early indications are looking good so I'm put my pre-election skepticism regarding the guy to the side for now.
Think I named about seven of them in the other thread.
Lol!
I'm not on the left or right, btw. Prefer to think about what will happen as opposed to what should happen.
SJG
Yanis Varoufakis Explains Greece's Financial Crisis (Pt. 1)
https://www.youtube.com/watch?v=9UOlJsmv…
Yanis Varoufakis and Dave Rubin Talk Greece's Financial Crisis (Full Interview)
https://www.youtube.com/watch?v=8DP_v8f8…
Counts himself as a Libertarian Marxist.
One of the last chapters of this talks about such:
https://www.amazon.com/Capital-Its-Disco…
https://en.wikipedia.org/wiki/Andrej_Gru…
http://csul.iii.com/search~S0?/agrubacic…
https://en.wikipedia.org/wiki/Libertaria…
TJ Street
http://farm4.staticflickr.com/3741/96200…
www.adelitasbartijuanamexico.com/zona_no…
www.adelitasbartijuanamexico.com/zona_no…
http://farm6.staticflickr.com/5488/96200…