Sorry Conservatives, but Obama looks like he has this one in the bag

[MrSparkle001]

Originally Posted by Tasslehofp99 [You must be logged in to view images. Log in or Register.]

lol in the aftermath of hurricane sandy on long island, new york...I can confidently say the federal government is failing more and more on a daily basis. Long Island looks similar to new orleans after hurricane katrina, I'd say that the events that happened up here may sway the election one way or another.

They won't sway the election here, but I do have to wonder why the media was all up the government's ass after Katrina for it's failed response but you aren't hearing a peep about the failed response after Sandy, unless you're here in the tri-state area with me.

The president visited for a few hours, went right back to campaigning, and it's "The government is responding well to Sandy! Go FEMA!"

[Diggles]

Originally Posted by Reiker000 [You must be logged in to view images. Log in or Register.]

Yeah, why didn't those fuckers just stop the hurricane?

[Kope]

Originally Posted by Hailto [You must be logged in to view images. Log in or Register.]

The fact that we have spent such a stupid amount of money (i realize Bush started the stimulus, i don't vouch for him either) and we still aren't seeing any sort of significant growth should be able to tell you that what we are doing simply doesn't work. Given that fact, how can you vote for the incumbent?

Unfortunately because of the way the world economy is it's literally impossible for the US economy to boom back like it did from previous recessions.

Many economists, including Stephen Dubner are saying we need to look at sustainability and slow growth rather than booming growth. The golden age of growth is over in the US economy.

http://www.marketplace.org/topics/ec...growth-it-over

David Brooks has also been saying this since the beginning of the recession that we need to get used to slow growth.

The president has very little control over our economy as a whole, he basically just sets the tone for the debates in the house. Both presidential hopefuls are perpetuating the lie that they will fix something they have no control over.

[radditsu]

Originally Posted by Kope [You must be logged in to view images. Log in or Register.]

Unfortunately because of the way the world economy is it's literally impossible for the US economy to boom back like it did from previous recessions.

Many economists, including Stephen Dubner are saying we need to look at sustainability and slow growth rather than booming growth. The golden age of growth is over in the US economy.

http://www.marketplace.org/topics/ec...growth-it-over

David Brooks has also been saying this since the beginning of the recession that we need to get used to slow growth.

The president has very little control over our economy as a whole, he basically just sets the tone for the debates in the house. Both presidential hopefuls are perpetuating the lie that they will fix something they have no control over.

People seem to forget that most of our trading partners in the world are in a recession as well. Even China's growth is slowing, they are shifting domestic spending into overdrive to hide that fact / to spur on their 15% annual GDP growth as they have seen in the past few years. I would not be suprised if they have already shrunk to 3-5% GDP and are hiding it with trillions upon trillions of infrastructure improvements. Spain, Greece, UK, Ireland, Italy...well everybody outside of India, Germany, and Some Asian countries economies are shrinking. Domestic consumption can't absorb these export hits. It is death by 1000 cuts.
The only real thing our government can do is invest in education/infrastructure, and ride out the Ebb in the European/Asian markets. Our foreign oil consumption has dropped by 20% since George W left. In 20 years we will be distributing oil to other countries instead of being one of the largest consumers of oil. Much like Russia is experiencing right now. If we continue to invest in other forms of energy consumption, we will have one more great boom producing fossil fuels for emerging economies. Hopefully by then we will have the federation and warp drive and replicators and shit.

[Kope]

Originally Posted by radditsu [You must be logged in to view images. Log in or Register.]

People seem to forget that most of our trading partners in the world are in a recession as well. Even China's growth is slowing, they are shifting domestic spending into overdrive to hide that fact / to spur on their 15% annual GDP growth as they have seen in the past few years. I would not be suprised if they have already shrunk to 3-5% GDP and are hiding it with trillions upon trillions of infrastructure improvements. Spain, Greece, UK, Ireland, Italy...well everybody outside of India, Germany, and Some Asian countries economies are shrinking. Domestic consumption can't absorb these export hits. It is death by 1000 cuts.
The only real thing our government can do is invest in education/infrastructure, and ride out the Ebb in the European/Asian markets. Our foreign oil consumption has dropped by 20% since George W left. In 20 years we will be distributing oil to other countries instead of being one of the largest consumers of oil. Much like Russia is experiencing right now. If we continue to invest in other forms of energy consumption, we will have one more great boom producing fossil fuels for emerging economies. Hopefully by then we will have the federation and warp drive and replicators and shit.

Actually I've also heard a few people propose we transition to a type of "selling advancement and maintanence" economy.

We would sell technological advancements to countries and charge them for upkeep to a degree, but we would put almost all of our investments into R&D. I actually love this idea but I honestly don't see how it would be sustainable for long periods of time once people start getting caught up, unless we really develop technologies at an astronomical rate.

[Pringles]

Originally Posted by Sirken [You must be logged in to view images. Log in or Register.]

• Cut prescription drug cost for medicare recipients by 50%
  
• Provided $12.2 Billion in new funding for Individuals With Disabilities Education Act
  
• Signed financial reform law establishing a Consumer Financial Protection Bureau to look out for the interests of everyday Americans
  
• Signed financial reform law allowing shareholders of publicly traded companies to vote on executive pay
  
• Signed financial reform law requiring lenders to verify applicants' credit history, income, and employment status
  
• Signed financial reform law prohibiting banks from engaging in proprietary trading (trading the bank's own money to turn a profit, often in conflict with their customers' interests)
  
• The American Recovery & Reinvestment Act of 2009: a $789 billion economic stimulus plan
  
• Created more private sector jobs in 2010 than during entire Bush years
  
• Voluntary disclosure of White House visitors for the first time in US history
  
• Appointed first Latina to the US Supreme Court
  
• Promoted social responsibility through creation of serve.gov, a national database of volunteer opportunities
  
• Reversed 'global gag rule', allowing US aid to go to organizations regardless of whether they provide abortions
  
• Signed New START Treaty - nuclear arms reduction pact with Russia
  
• First president to endorse same-sex marriage equality
  
• Signed the Lilly Ledbetter Fair Pay Act, restoring basic protections against pay discrimination for women and other workers
  
• Provided travel expenses to families of fallen soldiers to be on hand when the body arrives at Dover AFB
  
• Reversed the policy of barring media coverage during the return of fallen soldiers to Dover Air Force Base
  
• Launched recovery.gov to track spending from the Recovery Act, providing transparency and allowing the public to report fraud, waste, or abuse
  
• Provided the Department of Veterans Affairs with more than $1.4 billion to improve services to America's Veterans
  
• Signed the Children's Health Insurance Reauthorization Act, which provides health care to 11 million kids -- 4 million of whom were previously uninsured
  
• Issued executive order to repeal Bush era restrictions on federal funding for embryonic stem cell research
  
• Signed the Christopher and Dana Reeve Paralysis Act, the first piece of comprehensive legislation aimed at improving the lives of Americans living with paralysis

You forgot the part about Obama increasing the national debt 52% in one term.

[Kope]

Originally Posted by Pringles [You must be logged in to view images. Log in or Register.]

You forgot the part about Obama increasing the national debt 52% in one term.

Because Obama signed the legislation to enact this?

[happyhappy]

Originally Posted by Pringles [You must be logged in to view images. Log in or Register.]

You forgot the part about Obama increasing the national debt 52% in one term.

You forgot the part where he did it in order to fix the mess Bush started.

[MrSparkle001]

Originally Posted by happyhappy [You must be logged in to view images. Log in or Register.]

You forgot the part where he did it in order to fix the mess Bush started.

You don't fix a mess by adding 6 trillion to the deficit (which didn't work anyway).

[radditsu]

Originally Posted by Kope [You must be logged in to view images. Log in or Register.]

Actually I've also heard a few people propose we transition to a type of "selling advancement and maintanence" economy.

We would sell technological advancements to countries and charge them for upkeep to a degree, but we would put almost all of our investments into R&D. I actually love this idea but I honestly don't see how it would be sustainable for long periods of time once people start getting caught up, unless we really develop technologies at an astronomical rate.

This would only work if we invest in education /technology now. Countries already have a head start with full fiber optic networks setup from the ground up, while we are STILL trying to keep a slow copper infrastructure now. Most telecom companies do not want to spend the money to upgrade our core at this time. Remember Comcast in the early 2000s? They spent a GIANT nut on infrastructure, immediately went bankrupt, and wiped that debt out. <3 the bankruptcy laws about 12 years ago.