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Will America move forward with Obama as president.

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Simple question, Will Obama lead America forward to economic prosperity or will we continue to decline or stagnation?

 

"L" shaped recovery might be the best that we can "hope" for with Obama.

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View PostSimple question, Will Obama lead America forward to economic prosperity or will we continue to decline or stagnation?

 

 

"L" shaped recovery might be the best that we can "hope" for with Obama.

 

I think stagnation or slight improvement depending on how you define things but think it will take years for America to truly regain prosperity and I fear the unemployment rates will stay fairly high for years and spending needs to be controlled

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I think stagnation is an understatement. I think sinking like the Titanic is a good analogy. Debt is now $13 trillion and counting. Will we ever get out from under? Will we be able to disassemble the socialism this President and his cronies are installing?

 

One good think that may come from Che Obama's Presidency. We may hopefully vote in a real conservative congress and President who will cut the size of the government, reduce fed. spending, install more federalism and make me proud to be an American again. I can only pray.

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View PostI think stagnation is an understatement. I think sinking like the Titanic is a good analogy. Debt is now $13 trillion and counting. Will we ever get out from under? Will we be able to disassemble the socialism this President and his cronies are installing?

 

One good think that may come from Che Obama's Presidency. We may hopefully vote in a real conservative congress and President who will cut the size of the government, reduce fed. spending, install more federalism and make me proud to be an American again. I can only pray.

 

 

November can't come fast enough for me in this regard

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View PostNovember can't come fast enough for me in this regard

 

I have mixed 'feeling' about November getting here 'fast'. I see 'November, 2010' as being a Fork in the Road, one way takes us back in the 'direction' we need to go. The other leads us to a Cliff with no bottom. Take the 'wrong' way, and 'November, 2012' will be the 'Vote' that will decide if we, the United States of America, jumps off.

 

 

We have two more 'chances' to get it right, and if 'we' don't, stick a Fork in us, it's over. If you listen closely, off in the distance, you can hear the 'fat lady' tuning her Voice, getting ready to belt out a Song...............frown.gif

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View PostI have mixed 'feeling' about November getting here 'fast'. I see 'November, 2010' as being a Fork in the Road, one way takes us back in the 'direction' we need to go. The other leads us to a Cliff with no bottom. Take the 'wrong' way, and 'November, 2012' will be the 'Vote' that will decide if we, the United States of America, jumps off.

 

We have two more 'chances' to get it right, and if 'we' don't, stick a Fork in us, it's over. If you listen closely, off in the distance, you can hear the 'fat lady' tuning her Voice, getting ready to belt out a Song...............frown.gif

 

 

Pessimist wink.gif

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View PostSimple question, Will Obama lead America forward to economic prosperity or will we continue to decline or stagnation?

 

"L" shaped recovery might be the best that we can "hope" for with Obama.

 

 

Obama has extremely little to do with our economic recovery. The economy is a beast of its own. We'll move on when the business cycle returns to an upswing. The financial state of the world is a lot bigger than one man.

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View PostSimple question, Will Obama lead America forward to economic prosperity or will we continue to decline or stagnation?

 

"L" shaped recovery might be the best that we can "hope" for with Obama.

 

 

As set forth below, the Obama Administration's policies are having a braking effect on economic recovery and growth:

"The Elite Turn Against Obama

 

by Lloyd Grove

Even the Aspen Ideas Festival, an annual gathering of the country's brightest lights, isn't Obama country anymore.

 

You'd think the well-heeled and enlightened eggheads at the Aspen Ideas Festival-which is running all week in this fashionable resort town with heady panel discussions and earnest disquisitions involving all manner of deep thinkers and do-gooders-would be receptive to an intellectually ambitious president with big ideas of his own.

 

In a way, the folks attending this cerebral conclave pairing the Aspen Institute think tank with the Atlantic Monthly magazine might even be seen as President Obama's natural base.

 

Apparently not so much.

 

"The real problem we have," Mort Zuckerman said, "are some of the worst economic policies in place today that, in my judgment, go directly against the long-term interests of this country."

 

Obama's top economic adviser, Larry Summers, and his departing budget director, Peter Orszag, can expect heavy weather when they land in Aspen later this week to make their case to this civic-minded clique of wealthy skeptics.

 

"If you're asking if the United States is about to become a socialist state, I'd say it's actually about to become a European state, with the expansiveness of the welfare system and the progressive tax system like what we've already experienced in Western Europe," Harvard business and history professor Niall Ferguson declared during Monday's kickoff session, offering a withering critique of Obama's economic policies, which he claimed were encouraging laziness.

 

"The curse of longterm unemployment is that if you pay people to do nothing, they'll find themselves doing nothing for very long periods of time," Ferguson said. "Long-term unemployment is at an all-time high in the United States, and it is a direct consequence of a misconceived public policy."

Ferguson was joined in his harsh attack by billionaire real estate mogul and New York Daily News owner Mort Zuckerman.

 

Both lambasted Obama's trillion-dollar deficit spending program-in the name of economic stimulus to cushion the impact of the 2008 financial meltdown-as fiscally ruinous, potentially turning America into a second-rate power.

 

"We are, without question, in a period of decline, particularly in the business world," Zuckerman said. "The real problem we have...are some of the worst economic policies in place today that, in my judgment, go directly against the long-term interests of this country."

 

Zuckerman added that he detects in the Obama White House "hostility to the very kinds of [business] culture that have made this the great country that it is and was. I think we have to find some way of dealing with that or else we will do great damage to this country with a public policy that could ruin everything."

 

Ferguson added: "The critical point is if your policy says you're going run a trillion-dollar deficit for the rest of time, you're riding for a fall...Then it really is goodbye." A dashing Brit, Ferguson added: "Can I say that, having grown up in a declining empire, I do not recommend it. It's just not a lot of fun actually-decline."

 

Ferguson called for what he called "radical" measures. "I can't emphasize strongly enough the need for radical fiscal reform to restore the incentives for work and remove the incentives for idleness."

 

He praised "really radical reform of the sort that, for example, Paul Ryan [the ranking Republican on the House Budget Committee] has outlined in his wonderful 'Roadmap' for radical, root-and-branch reform not only of the tax system but of the entitlement system" and "unleash entrepreneurial innovation." Otherwise, Ferguson warned: "Do you want to be a kind of implicit part of the European Union? I'd advise you against it."

This was greeted by hearty applause from a crowd that included Barbra Streisand and her husband James Brolin. "Depressing, but fantastic," Streisand told me afterward, rendering her verdict on the session. "So exciting. Wonderful!"

Brolin's assessment: "Mind-blowing."

 

In a session Tuesday morning, Silicon Valley guru Michael Splinter piled on. "From an industry standpoint, it's below what a lot of people in industry have viewed as the solution to the jobs problem," Splinter, president of the Applied Materials solar energy company, complained about Obama's economic performance. He was speaking to an agreeable audience in an interview with Atlantic Media owner David Bradley.

 

"When I talk to venture capitalists, their companies are starting to move their manufacturing operations out of the United States...Our corporate tax rate, on a worldwide competitive basis, is just not competitive. Taiwan is lowering their rate to 20 to 15 percent in order to stay competitive with Singapore. These countries have made it their job to attract industry. You don't get that sense here in the United States."

 

The consensus was similar in an afternoon panel discussion on the decline of the American middle class. "He said jobs were going to be his No. 1 priority-there's a huge disconnect between Washington and what's going on out in the country," nominal Obama supporter Arianna Huffington said. "The president's economic team kept talking about a 'cyclical' problem. Larry Summers said jobs were a lagging economic indicator. All these things are simply wrong. The president put all his trust in the wrong economic team-an economic team that didn't understand what was happening."

 

Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects."

 

A mundane, nevertheless timely illustration of the negative impact of the uncertainty caused by the Administration's economic policies and antibusiness stance:

 

July 13, 2010

I just returned on a short "flight" from my hangout located Way out in the sticks. While there, drinking my soda, I was within earshot of 3 small businessmen.

 

For 20 minutes, their entire conversation was about Obama, the economy, the national debt, taxation, and their profits.

 

One of the men groused bitterly about his reluctance to sign a contract because the other party wants some terms left open-ended due to that party's uncertainty about his future business prospects and the economy in general.

 

Folks are not happy with Obama and what's going on in this country.

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View PostObama has extremely little to do with our economic recovery. The economy is a beast of its own. We'll move on when the business cycle returns to an upswing. The financial state of the world is a lot bigger than one man.

 

 

 

cwm27.gif

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View PostObama has extremely little to do with our economic recovery. The economy is a beast of its own. We'll move on when the business cycle returns to an upswing. The financial state of the world is a lot bigger than one man.

 

View PostLaugh all you want, but the President has little to do with the economy. It's just the way it is.

 

you're right

 

 

but the current President has a lot to do with laying the framework for the next President

 

 

all becuase the wheels of the economy turn so damn slowly

 

 

but

 

 

I don't have high hopes for this guy's laying of groundwork/framework

 

 

because

 

 

his idea of a framework is to take us into bankruptcy

 

 

more so than anyone before him

 

 

and I don't blame him alone

 

 

I blame the advisors he decided to surround himself with

 

 

Progressives to say the least

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View PostI think stagnation is an understatement. I think sinking like the Titanic is a good analogy. Debt is now $13 trillion and counting. Will we ever get out from under? Will we be able to disassemble the socialism this President and his cronies are installing?

 

 

One good think that may come from Che Obama's Presidency. We may hopefully vote in a real conservative congress and President who will cut the size of the government, reduce fed. spending, install more federalism and make me proud to be an American again. I can only pray.

 

so u are not currently proud to be an American ?

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View PostLaugh all you want, but the President has little to do with the economy. It's just the way it is.

 

 

So, if employers fear that the POTUS's policies are not in their best interests, and because of that fear they have to delay hiring new employees or, perhaps, let some employees go, the POTUS and his policies are not to blame. If his policies cause employers to hold back on capital expenditures or to cut inventory investment, is he and his policies not to blame? If his policies have an adverse impact on consumer confidence, is he and his policies not to blame for the results of his policies. Do you really want to make a case for the premise that the POTUS has no impact on the economy?

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No the country will not get ahead with obama. It will be stagnat till he is gone. I think America will be better, but not till 2014. With a major overhaul and a third or four party to choose. Not so much a Presidential third party, but congress.

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View PostObama has extremely little to do with our economic recovery. The economy is a beast of its own. We'll move on when the business cycle returns to an upswing. The financial state of the world is a lot bigger than one man.

 

Presidents and economies are kinda like surfing.

 

You catch whatever wave you get.

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