If your goal was to bankrupt America in the next 20 years would you do exactly what Obama is doing?
I say he has the perfect model for a plan that will with out a doubt bankrupt us.
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Yes, but I would give fewer speeches, because people would start to catch on as they watch me lie to them.
Increase taxes and increase debt. Yes, that is what is happening.
I think his time frame is much shorter than 20 years.
No I would have let the banks crash and I would not do anything to help the economy grow or try to create jobs. I would do what the Right want to do and that is nothing.
Maybe I could take a different approach. I could increase spending by 24% and at the same time cut taxes. That one almost worked for George Bush.
But then again there is the truth. The contry is already bankrupt and it was before Obama became President!
Obama and the Congress are doing a good job of bringing this country down. The process, however, has been going on now for several decades. It is just now beginning to reach a tipping point. It may take 50 years to get things back to the way they should be, that’s how bad the damage is.
He sure is with the help of a worthless congress.Those tools make me ill.
That is what liberalism is all about, share the wealth among everybody…problem is, there is no wealth to share.
No
Tax cuts do that.
Where were you when Bush was president ?
That is when the economic land slide started .
Don’t be so paranoid. A lot can happen in 20 years. This is what they said about FDR, and yes I was there.
If Obama really wanted to bankrupt the country, wouldn’t it be far easier for him just to make all loans to China with a 1-year term at 80% interest?
Has he done that?
Stupid question.
I think his goal is to do that in a much shorter time frame.
He seems to be escalating the timetable as it looks like he may be a "one-termer".
Yes. Of course, because a bankrupt America would gain me so much. I wouldn’t get my $400,000 salary, which wouldn’t be worth anything anyway. There wouldn’t be a White House since when we went into receivership, that would have gone to the Chinese. I’d go hungry along with the rest of the nation. Yeah, I’d really be flying high if I could just get the country to go bankrupt!
His plan will do it in 4 years not 20.
No. I’d start 2 wars continue deregulating Wall St. and slash taxes for the rich, like…can you guess?…G.W. Bush.
Edit. Gorkbark is right. Blaming Bush isn’t much better than blaming Obama.
Our national and global economies have been unsustainable since the industrial revolution.
Capitalism is dead, the wealthy and their worshipers just aren’t ready to admit it yet.
To late for that, the damage has been done. What the democrats are attempting to do is stop a sinking ship with little more than a bucket and a band aid. Lets see how the cons like taking orders from the chinese. They won’t be speaking english either.
No I would force it to fight perpetual wars, against shadow enemies, in countries that are scattered all over the globe.
do you know anything about history, as signs of a depression were looming herbert hoover ( a republican btw ) decided to unfold his hands and sit on them, and let it "fix itself", and watched as a recession turned into the great depression,
to answer your question, no, i would just keep doing what led up to it, the republican approach
He did that 20 days ago.
The Obama administration isn’t helping, but actually, if you want to blame any administrations for the economic crash, there are two.
1) Over regulation, malfeasance, massive corruption and fraud on the part of Democrats was the primary cause of the current housing mess. At the root of it all is the Carter era 1977 Community Reinvestment Act. Under Clinton, CRA related folly became a much bigger time bomb just waiting to explode. Click here to more fully understand how, in 1999, Clinton shifted to the tax payers all moral hazard associated with any sub prime loan.
“These are facts. This financial crisis was completely preventable. The party that blocked any attempt to prevent it was … the Democratic Party. The party that tried to prevent it was … the Republican Party.”
~Orson Scott Card
2) The Clinton administration’s push for NAFTA and for free trade with China are the largest causes of the loss of manufacturing jobs and the degradation of of lower and middle class Americans wages. It’s sad that folks on welfare have it better than someone like me, who works 40 hours a week. Jobs that pay a living wage are few and far between. With the current economic situation, this has only gotten worse. I face the same problem as the rest of the country’s working poor and middle class. Everything has gone up dramatically, except my wages. When I receive my annual evaluation in April, despite the fact I will get a great evaluation, I will get no more than a 25 cent increase, if that. My employer, like many others has limited raises to 3%.
Folks also need to remember that a President is just an executive. The two houses of Congress, are who have the most power in running this country. I shouldn’t have to spell it out why the county has taken such a nose dive since the last mid term election. Massachusetts has spoken loud and clear on this. Imagine the right winning a seat that has been held by the left for decades.
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