Sooner8th, I Sincerely Would Like To Hear Your Opinions Re: The Recent Election

Not doing anything positive(i.e. inaction) could be considered the same as having a negative impact. How cool would it be to tell the House of Saud and the Iranians that they can take their oil and drink it for all we care? How about being able to export more oil and fossil fuels to western Europe just to see Vlad and the Russians suffer?

Now, tell us how beneficial Obama policies have been to the coal industry.... you know, the fuel of choice to produce electricity for big urban centers where a lot of poor people and Democrat voters live.

 

Now you're, as usual, changing your story. Do they affect it or do they control it? Make up your mind. Is it a YES or a NO?

 

---You keep trying to change the subject because you have no answer----May I suggest you take Economics 101 before you look like a bigger FOOL---Typical Liberal deflect and try and change the subject

 

Krugman really is just a party hack with a piece of paper he throws around to make people think he's a serious academic. And, of course, the pseudo-intellectual lefties lap up everything everything he has to say. While he's raving about the Obama policies that have led to this economic miracle and chastises people who promote austerity, he conveniently forgets that for the last two years austerity (sequestration) has been the fiscal policy of the US. Of course, at the time he said the sequester would destroy our economy and advocated a $2 trillion stimulus package. Somehow, he's conveniently forgotten about that. What a doosh.

 

Yeah, noble prize winners are usually hacks. Austerity has been a disaster in europe, spain still hasn't recovered. The sequester cut about a whole percentage point off gpd growth. The stimulus package was not big enough and had too many tax cuts in it to work quickly.


Obama still kicking bush's *** in gdp growth and in job growth. Tell me again how cuttin' taxes and regulations spurs the economy on. Losing 825 THOUSAND PRIVATE SECTOR JOBS in eight years can't be "conveniently forgotten" even thought conservatives do try.

 

Krugman seems intelligent enough but his ego gets in the way of his reasoning and as a result he comes off as just another east coast elitist policy wonk who thinks opposing points of view are only made by stupid people. His Keynesian philosophy on steroid approach is dangerous in my opinion and I have never seen him discuss the effects of massive debt on future generations.

 

So, again, Mr. Keynesian scholar what Obama policies have created this economic miracle that you and Mr. Krugman continue to tout? Is the sequester not part of the policies enacted by this administration? What was GDP growth prior to the sequester and what was GDP growth after the sequester?

 

No it was not, it was forced down the administrations throat and it cut growth by around a point. Sequestration started in march 2013 and second quarter gdp growth in 2013 was 1.8% - now it is 4.6% and 3.5% the last two quarters. OOPS

 

Sequester is still baked into the budget. Oops

 

In December 2013, the Bipartisan Budget Act of 2013 changed the sequestration caps for FY2014 and FY2015. This deal would eliminate some of the spending cuts required by the sequester by $45 billion of the cuts scheduled to happen in January and $18 billion of the cuts scheduled to happen in 2015. Federal spending would thus be larger in these two years, but would be less in subsequent years until 2023,[28] due to other provisions such as imposing sequester cuts in 2022 and 2023.

OOPS try again.

 

Sorry, didn't read it right - it was 2.7% q1 and 1.8% q2. It fell almost a whole point.

 

Again, what Obama policies have led to the economic miracle? The sequester and subsequent budget compromise reversed then slowed the out of control spending growth that occured in 2009 through 2011 and the economy has performed much better in this period. Meanwhile, the real wealth creation has been the result of the Fed pumping up the stock market bubble which has only served to make the rich richer. The only bright spot for the middle class has been the result of the fracking boom - an incovenient truth the lefties try to ignore.

 

You tell me what policies of obama's has killed the economy? Did raising taxes kill employment? Did it kill gdp growth?

Only republicans don't know what obama has done to help the economy recover.

 

So you're admitting to being a Republican?