Right wingers act as if obama was handed a surplus or something...

[Cletus Awreetus-Awrightus]

Originally Posted by rbohm

you are looking at japan for economic policy?

Is that what i said? No.

He asked for an example of a recession that lasted a decade. Their recession and their response bears many similarities to ours.

and you are suggesting that the new deal was successful?

yes.

japans lost decade was due to their creating their own new deal.

no, it wasn't. japan's recession was caused by propping up their banks and refusing to destroy the bad debt created during their real estate bubble.

as for our new deal being successful, unless you consider a low unemployment figure of 13% good considering all the government spending that was done, raising taxes on businesses and ever increasing regulations on business that essentially stifled business growth during that time, then yes, the new deal was indeed successful.

So we've had stifled growth since the 1930s? Who knew. I could've sworn we had done pretty well at least one or two years since then.

In any event, the new deal was a response to high unemployment, it didn't cause high unemployment.

however i was actually looking for less government spending, the fiscal responsibility that obama campaigned on, and because of his railing against the spending of the bush administration. i was also looking for that "most transparent administration in history" as well, again what he campaigned on. and yet we got NONE of that. truth be told i knew before he was elected that obama would try to do everything he has done, which is why i voted for mccain, though i doubt he would have been much better.

what's your point? You voted for McCain? Disappointed in Obama? Good for you. Join the rest of the crowd who has no constructive solutions to anything.

[Wapasha]

Originally Posted by Cletus Awreetus-Awrightus

Correct me if i'm wrong, but i don't think unemployment was calculated the same way in 1980 as it is today. I'm not saying employment is worse today because I don't know. I know that UE is not the only way to measure what is happening with the american labor force:

http://www.ritholtz.com/blog/2011/09...low-up-charts/

Same for inflation. Inflation is not calculated the same way.

I agree, it's difficult to try and compare today's unemployment and inflation with that of the past, because we live in different times. If they had the internet and TV back in the 1930s and '40s who knows how that would have affected the ability to find a job or increased US commerce.

[Cletus Awreetus-Awrightus]

Originally Posted by Wapasha

I agree, it's difficult to try and compare today's unemployment and inflation with that of the past, because we live in different times.

No, I'm saying that since then, we have literally changed the way the numbers are calculated.

[Cletus Awreetus-Awrightus]

Originally Posted by Sickman

Well hey, at least you're evaluating his job performance rationally.

The man was handed the worst finacnial crisis and recession in 80 years, 2 wars, highest poverty rate in 40 years, and a deficit with zero domestic infrastructure to show for it.

He avoided a depression, killed bin laden, improved the health care system, killed Gaddhaffi, ended Iraq, killed Al Qaeda's new #1, killed al qaeda's #2, averted 2 terrorist attacks, handled a divided Congress using compromise and leadership, and he will be re-elected because the GOP can't seem to run anyone who knows how to avoid saying crazy sh**.

exactly

[Tall_Rep]

Originally Posted by burnsjacob38

Go figure...

Right wingers act as if Obama has more than doubled a deficit that was staggering to begin with. We act as if he has made life in this country worse. We act as if he has created an environment that is stagnating job creation. We act as if he should do something about it other than come up with another stimulus bill.

We act this way because all of these things are TRUE.