So how do you 'fix' an economy? The 'economy' as such doesn't exist. In order for Americans to become richer, they need to stop underproducing. That's the real effect of credit expansion, as the fiat money feeds a particular glut and draws resources away from other avenues of production. Unsound money and credit can distort capital structures-so end the Fed and its low rates and inflation. Increasing poverty shows that such intervention must be scrapped.
@Nintendomanwill Except the federal reserve worked well until we got the idiots from the Austrian school of economics controlling it. We need a weak currency to encourage exportation of goods.
This comment has received too many negative votesshow
You ever notice how the Obama campaign and all his surrogates kept referring to "failed Bush policies" on economics but never really got specific on what exactly those policies are? It always riddled me. Bush wasn't exactly a laissez-faire type of guy. I don't wtf Obama's talking bout. I guess it was just typical DNC campaign rhetoric to win votes.
Even JFK cut taxes, at least. He wasn't some douche who wasted 850 billion on a stimulus package that won't work.
So letting businesses keep more of what they earn and create new jobs, letting consumers keep more of their earnings, and making it easier to afford things is somehow detrimental to the economy? Obama really needs new economic advisers.
Other than the tax cuts, what other "failed policies" of Bush's is Obama referring to? Bush didn't really make a whole lot of big economic policies besides tax cuts. He wasn't a deregulator. He was a big gov't conservative, after all.
Don't buy into the nonsense that Bush's "failed policies" caused the economic downturn. That's a bunch of baloney. He couldn't possibly have caused the 2001 recession cuz that was way too early in his career. And we actually did have good growth and economic expansion from around 2002-2006/2005, if I recall. OF course, things are gonna slowdown after a while. What'd you expect, infinite economic boom? come on. I mean, how the fuck do tax cuts "screw up the econ."? Nonsense.
Smart economists say the effects, if any, of leaders' policies aren't felt until possibly years after they leave office. So Clinton's plan may well have put us into the 2001 recession, and reagan-bush could've spurred the
Besides, the really smart economists praise Greenspan and the Fed more than anyone else for the 1990s boom. Not to mention Clinton wasn't a progressive on economics. He was a Third Wayer and a New Democrat.
Presidents can't do much of anything to "stimulate" the economy! When are people gonna remember economics from class and stop acting like stimulus actually works, or that free trade is always detrimental? These economists should be fired. Obama's stimulus will put us further into debt and will hardly speed up recovery. It'll just be another huge waste of taxpayer dollars. Did the New Deal get us out of the depression? Hardly. Did the Fair Deal stimulate it? Nope.
Sigh..we seriously need another pres in office who understands economics like Clinton does. I wish that was an educational requirement before being considered to run. That way we can keep people like joe 6 pack Palin from running. We dont need our drinking buddy neighbor in office. We need someone who understands the issues.
lol Rebecca Black Northwestern
sfsm1thh 9 months ago
@sfsm1thh It says Rebecca Blank, still nice find.
RickyMcGinnis 8 months ago
GREAT ad !!!
mitchthemich 11 months ago
Here's some economics:
End the fed
End tariffs
End subsidies
End welfarism
End tax
End any centralised control over interest rates which may have resided despite the ending of the central bank
Then you're done.
Nintendomanwill 2 years ago
@Nintendomanwill, and then the u.s. economy is magicaly fixed...
free wellfare tip: stay in school
Darusdei 1 year ago
So how do you 'fix' an economy? The 'economy' as such doesn't exist. In order for Americans to become richer, they need to stop underproducing. That's the real effect of credit expansion, as the fiat money feeds a particular glut and draws resources away from other avenues of production. Unsound money and credit can distort capital structures-so end the Fed and its low rates and inflation. Increasing poverty shows that such intervention must be scrapped.
Free 'wellfare' (sic) tip: go to school.
Nintendomanwill 1 year ago
@Nintendomanwill Except the federal reserve worked well until we got the idiots from the Austrian school of economics controlling it. We need a weak currency to encourage exportation of goods.
CapitalistOverlord 1 year ago
@CapitalistOverlord
LOL
Nintendomanwill 1 year ago
Clintonomics is better than reaganomics only because of its position on debt.
Scoforever 2 years ago 9
This comment has received too many negative votes show
You ever notice how the Obama campaign and all his surrogates kept referring to "failed Bush policies" on economics but never really got specific on what exactly those policies are? It always riddled me. Bush wasn't exactly a laissez-faire type of guy. I don't wtf Obama's talking bout. I guess it was just typical DNC campaign rhetoric to win votes.
Even JFK cut taxes, at least. He wasn't some douche who wasted 850 billion on a stimulus package that won't work.
whoo689 3 years ago
So letting businesses keep more of what they earn and create new jobs, letting consumers keep more of their earnings, and making it easier to afford things is somehow detrimental to the economy? Obama really needs new economic advisers.
Other than the tax cuts, what other "failed policies" of Bush's is Obama referring to? Bush didn't really make a whole lot of big economic policies besides tax cuts. He wasn't a deregulator. He was a big gov't conservative, after all.
whoo689 3 years ago
Don't buy into the nonsense that Bush's "failed policies" caused the economic downturn. That's a bunch of baloney. He couldn't possibly have caused the 2001 recession cuz that was way too early in his career. And we actually did have good growth and economic expansion from around 2002-2006/2005, if I recall. OF course, things are gonna slowdown after a while. What'd you expect, infinite economic boom? come on. I mean, how the fuck do tax cuts "screw up the econ."? Nonsense.
whoo689 3 years ago
Smart economists say the effects, if any, of leaders' policies aren't felt until possibly years after they leave office. So Clinton's plan may well have put us into the 2001 recession, and reagan-bush could've spurred the
Besides, the really smart economists praise Greenspan and the Fed more than anyone else for the 1990s boom. Not to mention Clinton wasn't a progressive on economics. He was a Third Wayer and a New Democrat.
whoo689 3 years ago
Oh if you put it that way...than i say Carters policies is what set the stage for Reagans success
Movin2Elite 2 years ago
Presidents can't do much of anything to "stimulate" the economy! When are people gonna remember economics from class and stop acting like stimulus actually works, or that free trade is always detrimental? These economists should be fired. Obama's stimulus will put us further into debt and will hardly speed up recovery. It'll just be another huge waste of taxpayer dollars. Did the New Deal get us out of the depression? Hardly. Did the Fair Deal stimulate it? Nope.
whoo689 3 years ago
HELL YEAH! GO BUBBA!
fireemblem1992 3 years ago
Sigh..we seriously need another pres in office who understands economics like Clinton does. I wish that was an educational requirement before being considered to run. That way we can keep people like joe 6 pack Palin from running. We dont need our drinking buddy neighbor in office. We need someone who understands the issues.
kalyssto 3 years ago 3
8 years of prosperity and happiness under Clinton and after that 8 years of hoplessness and turmoil under Bush
crushkosiElyG 3 years ago 22
how true! best 8 years in the last 40
billcaldwell 3 years ago 3
Pres. Bill Clinton where are you when we need you?
Hillary Rodham Clinton for President!
Veltanschaung 3 years ago 18