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Pres. !Obama, show some leadership: !Job Growth Falters Badly, Clouding Hope for Recovery of !Economy http://ur1.ca/4o0ko
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Does Pres. !Obama think we will continue to swallow the "The !unemployment rate is Bush's fault!" spin???
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@stav Is it really "spin"? I mean can one truly overstate the utter destructiveness of the 8 years of the Bush II presidency? I'm not sure.
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@joshix After 2 1/2 years, this is no longer "Bush's legacy" ... this is now Obama's inaction.
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@lnxwalt300 Do you mean in terms of perception, or in fact? There is no doubt the political optics are horrid. The reality is more complex.
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@lnxwalt300 I will blame Obama for: Biggest spur he could give the economy wd be to stop blowing money down hopeless hell holes like Afg.
Patrick Niedzielski likes this. -
@lnxwalt300 But he has made pretty clear he isn't going to do that.
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@joshix Definitely both. Instead of trying to keep things going long enough for a return to the borrow-and-spend "boom …
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@lnxwalt300 Not sure I agree. What I will concede is they should have done that (nothing) or a serious, direct, new-deal-type stimulus.
Charles Roth likes this. -
@lnxwalt300 Instead they split the middle and got the worst of both worlds.
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@lnxwalt300 However, I concentrate heavily on the military aspect b/c contrary to its aggrandizement, self & otherwise, that is the ...
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@lnxwalt300 ... direct power possessed by the office of the presidency with bearing on the situation. He can't tax, or spend, or prosecute.
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@joshix Major causes of recession: asset price bubble, particularly real estate; extreme financial leverage; deceit in financial insts ...
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@joshix ... and the wars (!).
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