The Republicans gave it their best shot . . .

wrong----3 places------taxes-------borrowing---------printing. So, you want the govt to raise taxes and then spend that additional money in the economy----why not just leave it in the economy and let the people spend it? Borrowing---how does increasing the debt help the economy? printing---want runaway inflation, print more money.

the solution is simple, cut govt spending down to match revenue. just like you and I have to do with our personal finances.

 

Folks, these people think they are born to govern!
Hilarious!

 

money raised by additional taxes WILL NOT end up in the hands of those that need it the most--it will end up in the hands of political cronies like solyndra, after the govt beaurocracy sucks up 30% of it.

borrowing has its place, what would you say about a person that borrowed half of what he spent? what would you say if he did that every year? thats what the govt is doing right now.

just pointing that printing more money just decreases the value of every dollar in circulation--printing is inflationary.

 

Yes, those of us who understand economics are born to govern----too bad the people currently governing do not understand basic economics------all of them, not just the dems. All of them.

 

too much goes to stupid wastes like solyndra, 1$ is too much.

the govt is borrowing 46% of what it is spending, it is paying only the interest on the debt, the debt goes up by a trillion a year. no amount of taxing will fix that-------------spending must be cut.

 

So let’s get this right your upset with the Republicans obstructing Obombya from keeping the tax breaks that Bush put in, and when Bush passed this tax relief Pelosi said it was tragic for all Americans? So suddenly those same trickledown Bush policies weren’t so bad after all? *******s never make sense! It truly is a mental disorder.

 

How about you explain why these Evil Bush tax cuts that Pelosi said was "tragic to all Americans" are suddenly a good idea???

 

Why should I explaint that?

 

Again, for the uneducated. Obama inherited a bad economy BECAUSE OF CLINTON, FRANK AND DODD. If you actually were capable of reading the first through tenth chapters of USA history from 1992-2008, you might actually comprehend what I am saying about the USA government forcing banks to lend to unqualified borrowers. Instead, you CHOOSE to read the New York Times and blame everything on banks and arbitrary "bad capitalists". EDUCATED people understand that the real culprits are government officials. I'll "throw you a bone" and acknowledge that Bush Jr was simply a negligent idiot intent on killing Arabs and not concerned about the mess LEFT TO HIM BY CLINTON with regard to terrorism and the housing crisis.

 

Thanks for the education. If you weren't aware, FRANK and DODD didn't control the Govt when the housing bubble blew up, they were members of the minority party, and CLINTON wasn't even if office.

No one forced banks to lend to unqualified borrowers. They did it because they were making (*)(*)(*)(*)loads of money doing it.

No, I blame it on the folks who were running the Govt too.

That's what I said.

There was no housing bubble when Clinton left office. There was 4.0% unemployment, a surplus budget, and growing economy. I'm sure Obama would have loved to have inherited a "mess" like that!

 

LOL!!
Funny how you count yourself as one that understands economics, after the crap you've posted here!
I'm sure you are good at something, everyone is good at something, but economics is not what you are good at.

 

Stop telling lies.

 

For the love of pete!
STOP spreading outright lies!

NO bank was forced, encouraged, made, coerced to write any loan it didn't want to write.
Clinton is not at fault other than signing really bad conservative rightwing legislation.
Conservative de-regulation is what caused the economy to fail, coupled with complete incompetence of bush the failures administration in enforcing what few rules were left.
EDUCATED people know this, morons don't.

 

the only way a balanced approach would work would be to significantly raise taxes on every citizen AND make significant cuts to spending. The so-called balanced approach from obama does nothing on the spending side (but he 'promises' to work on spending once taxes are raised). and I have some swampland to sell you.

 

wrong, banks had to give loans to unqualified borrowers in order to get freddie and fannie to back their loans. They were forced to do it if they wanted to make any mortgage loans. and the banks really had no risk since the govt was going to buy the paper from them. It was a *******ed plan to put everyone in a house whether they could afford it or not.

 

Worse than that in order to give out these loans it lowered the standards for all loans including cars, personal loans and credit cards this is how the average American was enabled to bury himself in debt, and if you enable an American to spend money they don’t have the vast majority will do it, and they did do it that’s just an undisputable fact that if it were not true we wouldn’t have the economic crisis we have right now. Fact is only the American middle class can drive our economy, and when we feel comfortable spending money again, then and only then will our economy improve, and I can promise you that’s not going to happen with the current Admin. We are at least four to five years from beginning to recover and Obama policy will drive unemployment back to near 10%. Just the Facts Folks!

 

facts are kryptonite to liberals, facts make their tiny heads implode.

 

That really doesn't begin to explain all the hundreds of thousands of see-thru McMansions or the hundreds of thousands of mortgages that were defaulted on even though the owners still had their incomes, could have afforded to stay in their homes, and defaulted only because they were "upside-down" on their loans. And the *******s wanted to put everybody in a house ONLY because the Wall Street money machine and the developers had totally overshot the market and were screaming for buyers.

 

Show us the laws that provided this de regulation? The only law that de regulated anything concerning loans and the ability to get them was CRA and the was Carter. So shut the yap and show us the laws , I have never encountered someone so ignorant of fact in my lifetime. Your worse than my tree hugging sister who refuses to believe Obama is fighting to keep the evil Bush tax cuts in place.

 

If they understood they wouldn't need goverment assistance so I guess it all makes sense.

 

Because somehow and it’s a long shot but you just might gain some credibility. But alas you can’t and you won’t which is standard operating procedure for one that is completely ignorant of the topic.

 

Please show us how he turned the economy around? I see no evidence of such an ignorant claim. Is it in unemployment? Nope same as when he took it over and his policies are about to push it to near 10% again. Is it in a reduced deficit???? Nope he doubled it even when I was told he would cut it in half by Obama himself and I had rabid *******s foaming at the mouth telling me how I am ruining my children’s future because I would vote for someone that had a 500 billion dollar deficit and now Obama doubled it to 1 trillion dollars. The stock market disagrees with your assessment but I digress the stock market is so far beyond your capability of understanding we won’t even go there. Really one has to be dumb as a box of rocks to believe this bile and it appears your buying it hook line and sinker!