BrainKing - Diskussionsforum (Politics)

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Politics

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6. augusti 2011, 10:50:04

Justaminute

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The mess America and Europe are in began before Obama came to office. Blaming him for the mess makes as much sense as blaming the Conservatives in the UK or politicians who inherited the great depression in the 1930’s. If anything this rating downgrade is a condemnation of the political posturing of both parties in recent weeks, putting party politics before giving confidence to America’s creditors. Would you have confidence in lending to someone who was happy to even think about defaulting on paying you? America’s politicians got what they deserved, but unfortunately the result will affect us all, by having to pay higher interest rates.

6. augusti 2011, 16:27:01

Mort

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Ämne: Re: putting party politics before giving confidence to America’s creditors.

Justaminute: That is the problem. Too many politicians now worrying about their popularity in the USA rather than doing their job. Serving one term and doing what needs to be done would be great.. but with all the Murdoch style media pressure.

6. augusti 2011, 17:01:45

Papa Zoom

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Ämne: Re:

Justaminute: You are right that Obama inherited a mess. But he didn't make things better, he made them worse. He tried to spend his way out of debt. Try that with your budget and see where it leads. He tripled the daily debt that Bush had. In the history of presidents, Obama has spent the most and incurred more debt that any of the others. And he did this in short order. He's created job killing regulations and more is on the way. He talks down to legislators and is anything but a leader. He can't bring the parties together (we need Clinton back! He at least got things done in spite of the fact that the Repubs tried to kick him out of office).

Obama is a failure.

Nation debt has doubled in the past 5 years. The majority of that increase came under Obama.