The Blue Board

I'm confused on where the presidency of the United States can succeed in fostering consumer demand in the middle and lower class (the 77% driver of he economy). Would you like him to redistribute wealth at the moment? Forgive the massive debt that is restraining spending?

What relative comparison of success do you measure this failure? No unemployment and GDP growth back to 2005 levels?

That would take another housing bubble to allow consumers to borrow to spend since wages haven't grown fast enough to allow for the spending on its own.

Japan still hasn't recovered from its housing bubble some twenty years ago. Three years later we are significantly in better shape and that's despite all the provblems we incurred.

You can't posit a solution because you don't have one. And knowing you I would easily be able to shoot down any inane solution you come up with. Because you don't understand any of this you are talking about. You just know that you hate rich people and that everything they do must be bad. That's all you think and all you care to think. Your depth of understanding on economic matters is about as deep as a glass of water.

I guarantee you change your political alliance once you reach the real world.

No he doesn't. If he did he wouldn't constantly be wrong.

And BTW love that demand based theory you gave a few post back. Lets keep operating on that theory and see how far it takes us as a country. You don't work for the fed by chance do you?

You mean the theory that more industry and investment lead to more jobs which leads to a better economy? Yes.

No. The theory that cutting income taxes leads to equal and beneficial investment that equals more jobs and a better economy. Investment and industry is abetted by the demand it serves. I wouldn't advise investing in a business without demand.

Again. Let me repeat that I am not advocating that all tax cuts don't equate to equal and/ or greater growth. I'm arguing that cutting income taxes for the wealthy equates to equal and/or greater investment and jobs etc.

ha ha ha ha ha ha ha....

post of the year! ha ha ha

Wrong!!! We have the technology to do it now! Environmentalist hold us back. We need a president who says hydro-fracing is safe to create a million good jobs. We need to be energy independent. Not a president who makes us more dependent on foreign oil like BO.

By the way, I wouldn't characterize muncipalities and communities worried about their health as environmentalists.

Do you think it's worth it to have endemic health problems for a community if it means royalties and some jobs? Possibly, but that's up to the community to decide.

How is that going to happen when companies make more money by shipping jobs overseas?
Our economy used to be self sustaining. Products were manufactured here and people bought them. The money people spent paid for our own jobs. It is not that way anymore.

In my industry, I have seen companies sued for keeping jobs in America when they could have outsourced them leading to lower dividends for stockholders. The stockholders sued the board of directors and win because the board wanted to keep jobs in America resulting in lower profits.

Please name the last president who was either a fiscal conservative or energy independent.

Lots of brilliance in this thread

The government cannot spend us out of a recession. It has never worked and will not work now. Also the government doesn't create jobs, business does.

The USSR thought the government would be good at creating jobs too. They were wrong. As Europe has been for years now. And we were in the 30s. Government can't stimulate an economy beyond the short term. Every time a government tries this it has a short term effect and when the money runs out the recession is back.

It's a stupid policy that ultimately only increases the national debt and creates bigger problems down the road.