How did Obama f#%k up America

[MeachTheMonster]

I keep reading and hearing that "Obama fukked up America" or "the country has gone to shyt since his election" somebody please explain to me how this is true.

I don't agree with all of his polocies or actions, but I can't see how America is fukked up and it's obamas fault.

Please explain

 

[franknitty711]

Corporate greed is what Phucked up America. The politicians were the ones who were influenced by lobbyists to allow the greed to go out of control by deregulating banks and sending jobs to other countries.

This did not happen because of Obama. It started with Bill Clinton and blew up when Obama took office. He really did inherit a mess!

 

[MeachTheMonster]

Corporate greed is what Phucked up America. The politicians were the ones who were influenced by lobbyists to allow the greed to go out of control by deregulating banks and sending jobs to other countries.

This did not happen because of Obama. It started with Bill Clinton and blew up when Obama took office. He really did inherit a mess!

This is what I thought as well. But I keep hearing America has gone to shyt and it is Obama's fault so I'd like to know what I'm missing

 

[Slystallion]

He didn't America is the greatest country in the world...it's just got a virus called progressivism that has always found a way to keep america from reaching peak potential...Obama definitely isn't the cure and isn't helping with his spending stimulus and go no where healthcare policies...he's just there...didn't really screw up anything just hasn't done anything to say good job or reverse the course of mediocrity

 

[MBwithadream]

Crooks ruined it. Not just politicians or lobbyist. But regular crooks like us as well.

 

[MeachTheMonster]

He didn't America is the greatest country in the world...it's just got a virus called progressivism that has always found a way to keep america from reaching peak potential...Obama definitely isn't the cure and isn't helping with his spending stimulus and go no where healthcare policies...he's just there...didn't really screw up anything just hasn't done anything to say good job or reverse the course of mediocrity

Is the country worse off than it was 4 years ago?

Wasn't it republican capitalist polocies that gave him something to fix in the first place?

If totally capitalist policies were good for the country, shouldn't we have been on an upswing after 8 years of those policies under bush?

Do you think the country would be better off had he let the banks and the auto industry fail?

Do you think John mcain would have helped the country recover better? If so, how?

Do you think if elected mitt romeny will turn the country around faster than Obama could? And how?

 

[Slystallion]

Is the country worse off than it was 4 years ago?

Wasn't it republican capitalist polocies that gave him something to fix in the first place?

If totally capitalist policies were good for the country, shouldn't we have been on an upswing after 8 years of those policies under bush?

Do you think the country would be better off had he let the banks and the auto industry fail?

Do you think John mcain would have helped the country recover better? If so, how?

Do you think if elected mitt romeny will turn the country around faster than Obama could? And how?

I'll type out a detailed response after I eat

 

[Young_and_Reckless]

I'm just tired of these tea baggers talking all this shyt about Obama and how he's Hitler for providing healthcare, and a Kenyan socialist. Though I'm not a Republican, I'd like to see what Mitt does to turn the country around, since he's the savior in the Republican's eyes. I just don't see how someone can inherit the highest position in the country, during one of the largest disasters on record, and turn it around in less than 4 years.

John McClain (with his gimp arm), would not have done any better IMO.

Just sayin...

 

[Shogun]

I'm just tired of these tea baggers talking all this shyt about Obama and how he's Hitler for providing healthcare, and a Kenyan socialist. Though I'm not a Republican, I'd like to see what Mitt does to turn the country around, since he's the savior in the Republican's eyes. I just don't see how someone can inherit the highest position in the country, during one of the largest disasters on record, and turn it around in less than 4 years.

John McClain (with his gimp arm), would not have done any better IMO.

Just sayin...

he did alright (with his gimp legs)

 

[Slystallion]

Is the country worse off than it was 4 years ago?

Wasn't it republican capitalist polocies that gave him something to fix in the first place?

If totally capitalist policies were good for the country, shouldn't we have been on an upswing after 8 years of those policies under bush?

Do you think the country would be better off had he let the banks and the auto industry fail?

Do you think John mcain would have helped the country recover better? If so, how?

Do you think if elected mitt romeny will turn the country around faster than Obama could? And how?

well the country is slightly better due to the cyclical nature of economic growth...however Obama experienced one of the worst economic recoveries in history...its just flat out stagnant with a 1.7% growth rate in the last gdp.

What ruined the banking system was monetary policy and loose lending policies. The yeild curve was forecasting negative and the fed refused to change interest rates and the rate of money in 2006 to counter it. That has nothing to do with tax rate or really anything under the presidents control. The president does appoint fed chairman and probably can influence their policy but they are seperate entities that control different aspects of policy. Credit derivatives and everyone betting on them so heavily also screwed things up when those went south and people started to default on their mortgages.

So basically a meager 3% tax cut by President Bush wasn't going to prevent a collapse decades in the making lol

John McCain also probably wouldn't have got shyt passed and to really really create economic growth that would be monstrous there would need to be a tax holiday for like 2 years instead of the trillions that Obama spent for minimal growth...had individuals and businesses got a 2 year holiday on taxes the growth rate would be astounding and historical and put on the right track...thats a much better way to increase the deficit...as well as creating a long term plan to cut spending by replacing many social programs and revamping healthcare to have more choice and more intertwined with private markets

and I don't know what Romney will implement but i bet it won't be as drastic as what I would implement...so it all remains to be seen honestly

(why couldn't i say this during the podcast!)

 

[Broke Wave]

well the country is slightly better due to the cyclical nature of economic growth...however Obama experienced one of the worst economic recoveries in history...its just flat out stagnant with a 1.7% growth rate in the last gdp.

What ruined the banking system was monetary policy and loose lending policies. The yeild curve was forecasting negative and the fed refused to change interest rates and the rate of money in 2006 to counter it. That has nothing to do with tax rate or really anything under the presidents control. The president does appoint fed chairman and probably can influence their policy but they are seperate entities that control different aspects of policy. Credit derivatives and everyone betting on them so heavily also screwed things up when those went south and people started to default on their mortgages.

So basically a meager 3% tax cut by President Bush wasn't going to prevent a collapse decades in the making lol

John McCain also probably wouldn't have got shyt passed and to really really create economic growth that would be monstrous there would need to be a tax holiday for like 2 years instead of the trillions that Obama spent for minimal growth...had individuals and businesses got a 2 year holiday on taxes the growth rate would be astounding and historical and put on the right track...thats a much better way to increase the deficit...as well as creating a long term plan to cut spending by replacing many social programs and revamping healthcare to have more choice and more intertwined with private markets

and I don't know what Romney will implement but i bet it won't be as drastic as what I would implement...so it all remains to be seen honestly

(why couldn't i say this during the podcast!)

Loose lending and monetary policy is one aspect, and that blame can be put on the Ayn Rand disciple and Austrian school promoter Alan Greenspan. The signature cause however was the deregulation starting with Reagan in the mid 1980's. We can both argue about which of these two factors was more conducive to the crash, but anyone serous about this discussion must consider the deregulation of Graham Leech Bliley, and the Commodities/Futures Modernization act as the catalysts.

Also, a two year complete and total tax holiday is not exactly reasonable policy. There would certainly be a stimulative effect, but the stimulative effect of tax cuts are well documented as inefficient when compared to actual stimulative programs. Also, this would absolutely EXPLODE the national debt. Corporations were given tax immunity during the Bush era for repatriation of their overseas funds, and they did not create any jobs as a result of this.

 

[Brown_Pride]

well the country is slightly better due to the cyclical nature of economic growth...however Obama experienced one of the worst economic recoveries in history...its just flat out stagnant with a 1.7% growth rate in the last gdp.

What ruined the banking system was monetary policy and loose lending policies. The yeild curve was forecasting negative and the fed refused to change interest rates and the rate of money in 2006 to counter it. That has nothing to do with tax rate or really anything under the presidents control. The president does appoint fed chairman and probably can influence their policy but they are seperate entities that control different aspects of policy. Credit derivatives and everyone betting on them so heavily also screwed things up when those went south and people started to default on their mortgages.

So basically a meager 3% tax cut by President Bush wasn't going to prevent a collapse decades in the making lol

John McCain also probably wouldn't have got shyt passed and to really really create economic growth that would be monstrous there would need to be a tax holiday for like 2 years instead of the trillions that Obama spent for minimal growth...had individuals and businesses got a 2 year holiday on taxes the growth rate would be astounding and historical and put on the right track...thats a much better way to increase the deficit...as well as creating a long term plan to cut spending by replacing many social programs and revamping healthcare to have more choice and more intertwined with private markets

and I don't know what Romney will implement but i bet it won't be as drastic as what I would implement...so it all remains to be seen honestly

(why couldn't i say this during the podcast!)

I suspect because you couldn't find it online fast enough. (i still need to here your podcast btw....and i still would like to know WTF you had a barbie doing on yur pink bed...i digress).

So basically your whole argument is that he didn't reduce taxes on corporations?

Honestly i think this whole wack ass tax argument does affect our economy in a negative light but it only does so because the GOP makes it out to be this huge monsterous problem, it's not. As a portion of total receipt the shyt corporations pay is minimal. YES the tax rate is high, but so are the number of ways to reduce that tax rate to damn near nothing (and in some cases almost nothing*cough, *cough GE *cough) IMHO the GOP would do the country well by saying, "it's all good our tax rates are high but the breaks are fuking great" THAT would do more to grow the economy than any law.

The GOP has created a "sky is falling" effect and companies are scared...and for no good reason.

 

[MF_BREW]

It's a long list of people to blame for that. It aint all obama fault.

 

[Luchini]

I don't know if he ruined it, but he hasn't fixed anything since he's been in office. Obamacare is an abomination

 

[Jello Biafra]

It doesn't matter who is at fault because the sitting President always has to take the blame for what is shytty in the country just like he gets to take credit for the good stuff, that is just how politics works.
It just remains to be seen if it matters to the majority of the electorate.