"The economy is fundamentally sound" - Barack Obama

[trenchfoot]

Nitpick this, nitpick that, ad infinitum, ad nauseum.

Take a few steps back and take a good hard look at what Obama is ultimately trying to do here. Focus on his intent. Focus on his primary goal.

What McCain said and what Obama said may sound alike and read alike but the INTENT that was behind those spoken words from each are worlds apart.

He is committed to getting our economy back on track. He has no other choice. He will do/say whatever it takes to that end. If he has to re-build confidence and trust in our economic engine, then he will rely on words of encouragement and hope, just as he has done, and the ridicule that he is getting from it is obviously agenda-driven.

If, upon seeking advice from the multitude of experts in economics (you know, the OTHER ones that weren't dictating terms to Bush) Obama came to the conclusion that the best course (and maybe the ONLY course) of action was to pour in good money after bad, then so be it. But just look at where the money is going now. The bulk of it is being directed to where it was supposed to go for the last eight years, but didn't, thank you very little Bush and Cheney.

I'd say given the state of the Union that was left by the previous administration, IMHO, he IS the best man for the job at the moment, bar none. Arguable, sure. But all you have to do is take a look at who was in the running from the primaries onward and he was the OBVIOUS and LOGICAL choice, regardless of political party.

Cut taxes for the rich, spend like there's no tomorrow and and borrow us into a deep recession DOES NOT WORK. It took eight long years to prove that fact beyond a shadow of doubt. Get over it.

It's what got us to where we are right now. Why we keep hearing this same dogmatic drivel over and over where it's supposed to fix something that it broke to begin with is ludicrous.

 

[Jaskalas]

Originally posted by: Slew Foot
Topic: "The economy is fundamentally sound" - Barack Obama

What he really means is that the free market is shit and that the government is doing fine.

After all the bailouts and spending, the economy is now bought and paid for by the government. Thus, now under his management, it's peachy. We just have to stamp out the last remnants of that evil free market that got us into this mess and then BHO can retire.

 

[Craig234]

Originally posted by: Hayabusa Rider

Originally posted by: Craig234

Originally posted by: CrackRabbit

Originally posted by: Common Courtesy
Reality has come home.

Standing on the outside looking in, one can make all sorts of claims.

Then when one becomes responsible for the mess, they start to understand how massive the issue is.

Information on the depth of the problem has shown up over the past 6 months that was not known/made available.

The snowball back last summer had become an avalanche.
Statements made by all were based on the snowball.

Now that there Iis an avalanche, the rules have changed, Handling of a rolling down hill snowman is different than an avalanche alert.

Too many people want to look for partisan advantage to deride Obama from changing some of his stance. Reality has forced it to happen. George H Bush realized that what one wants may not be in the best interests of the system. "Read my lips - no new taxes".


This is coming from a conservative.

It is fear and greed that is causing the swings from the stock market
The auto industry needs a shake up - they have been over producing over the past 5-10 years. It is not just the SUV/truck issue, but the fact that they would not adjust tothe decrease consumer demand

The housing market needed to have the speculation bubble popped.

Until everything stabilizes there will be problems. the economy will pulls its self back up; this is a correction that was needed.

People may be being layed off; however the majority are still working. Adjustmnets have to be made, the gravy train left the station.

Instead of tearing down the system, work together tobuild it back up.
Do not use fear to drive an agenda, use common sense.

I think the saddest thing about P&N is that no one has paid any attention to your post Common Courtesy. They simply continue to bash at each other.

Well, let's pay a little attention to it then.

It's suggesting that Obama was just some ignorant and misguided loudmouth as a candidate, who did not understand the economy at all until become president. Bull.

He says the housing and auto industries needed adjustment without mention of the Wall Street derivates role in the crash.

He opines about how bad it is with the comment 'the majority are still working.' A statement that fit the Great depression or any time in US history.

He refers to the crash as the 'gravy train' being gone. Stock market down 50%, half of it was a gravy train apparently.

He says to use 'common sense' rather than fear. I suggest not running with scissors and wearing a coat if it's cold outside. His comment was a bit vague.

Now I have to go the other way. He didn't say that Obama was a "ignorant and misguided loudmouth". He said that more has come to light since his candidacy and he's had to adjust his position based on reality. That's a recognition of Obama's ability to adjust to changing situations and his new position of authority. Note that people deride him for changing position when he's really adapting. He could have said the Obama flip flops. He didn't.

That was a pretty straightforward analysis and not a whiny criticism at all.

I'll meet you halfway. He said things that support what I said, and other things that support what you said.

When he said "Standing on the outside looking in, one can make all sorts of claims.", that has a tone of Obama being ignorant and a loudmouth.

Later, he talked about the developments in the situation, which is not negative about Obama.

I reacted to the negative and did not acknowledge the better part of his message where he defended Obama adapting, which we all agree with. The rest, you like more than I do.

 

[Hayabusa Rider]

My style is to look at a post, derive a context then examine what's said within that context rather than parse for phrases I do or don't like. I would have worded some things differently, but it is true that ANY politician who has not served in a particular office but is running for it will say things that in retrospect won't work or need adjustment. People do make claims about what they will do or what will happen once they get in office. Certainly Obama had a plan, but it's morphing as it should. I don't take this as an insult, it's something I've seen time and again. One of my gripes with Bush (whom I had real concerns) is that he picked a plan and stuck to it. He expected reality to conform to his POV. Incredibly foolish.

I'm off to work, so I can't elaborate further. I don't know what "the gravy train" is, but then again I don't have to understand or agree with everything to have a context as a whole.

 

[Genx87]

Cut taxes for the rich, spend like there's no tomorrow and and borrow us into a deep recession DOES NOT WORK. It took eight long years to prove that fact beyond a shadow of doubt. Get over it.

No shit sherlock. The question is why do you support it now?

 

[Starbuck1975]

What McCain said and what Obama said may sound alike and read alike but the INTENT that was behind those spoken words from each are worlds apart.

How do you know the intent of their words...they are both politicians...they both have the same intent...to tell people what they think they want to hear.

He is committed to getting our economy back on track. He has no other choice. He will do/say whatever it takes to that end. If he has to re-build confidence and trust in our economic engine, then he will rely on words of encouragement and hope, just as he has done, and the ridicule that he is getting from it is obviously agenda-driven.

Wasn't Bush committed to protecting America from terrorists...he had no other choice...and did he not do/say whatever it took to meet those ends...and many silenced his critics until it was too late and we quite impetuously marched into Iraq because Bush felt it was the right thing to do.

The only agenda here is preventing yet another President operating in a world without checks and balances.

I'd say given the state of the Union that was left by the previous administration,

The get out of jail free card in the event Obama fails.

IMHO, he IS the best man for the job at the moment, bar none. Arguable, sure. But all you have to do is take a look at who was in the running from the primaries onward and he was the OBVIOUS and LOGICAL choice, regardless of political party.

Says you...there is no tangible way to defend this argument.

Cut taxes for the rich, spend like there's no tomorrow and and borrow us into a deep recession DOES NOT WORK. It took eight long years to prove that fact beyond a shadow of doubt. Get over it.

I have been hearing this a lot as of late..."get over it"...Obama's policy so far has been tax the hell out of the rich, spend like there's no tomorrow and borrow us into a deeper recession. The only distinction between Bush and Obama is who gets stuck with the check.