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I don't disagree with alot of those points but stick to my guns on the fact that these politicians are basically calling us all idiots when they get into talking about things being one president's fault vs. another or being able to make it all better in one or two terms in office. As has already been stated, they all lie. Obama exaggerated what he could do by promising so much four years ago and the people who blame him for what is going on are also full of poop. It's what they do, as demonstrated by the RNC. Talk big and put on a good show during the campaign. We can worry about the reality later. This is why George Bush Senior said 'READ MY LIPS' and later on signed a tax increase that was historical in size. He said what sounded good during the campaign, like they all do, and then he faced reality later. The government needed to get back in the black, and the most politically feasible course of action was to compromise with Democrats and raise taxes along with taking other measures.
Economics is more complex than any one president. There are alot of different things that create a boom or a bust cycle. They can be 10 or more years in the making which means they can take just as long to fix. It is not at all unheard of for one administration or another to make fiscal policy based on the realities they are facing at that time that have unintended or unforeseen consequences 5 or 10 or 15 years down the line.
So no, I don't consider what is going on to be Obama's fault. I think we are only just finally feeling the after effects of fiscal policies from the previous 2 administrations. There are things a president can do to facilitate a turn-around, but he generally cannot create one all by himself. He can only set the stage with the right fiscal policy. The various sectors of the economy just generally have to find a bottom for themselves, then as people and sectors make adjustments things rebound. As for the tax issue, my reply to that as a public sector employee would be my choice here is between someone who wants to raise my taxes or someone who wants to cut my pay and severely cut or take away my pension and give me back a small tax cut that won't even come close to making up for all the other money I am about to lose over the course of my life.
Everybody else is voting for the guy they think will not screw them as badly as badly as the other. So am I.
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Last edited by eharri3; 08-31-2012 at 06:02 PM.