My guy can beat your guy...

[TheMercenary]

Originally Posted by SamIam

Merc, only you could blame the President for the (in)actions of the Republicans in Congress. You're stretching it there, pal.

Actually, no.

Anyone who continues to blame the failures of the president after 3 years on the previous president and a super majority of the Demoncratic party for longer is a fool IMHO.

[Lamplighter]

Here's the link to the 17 min documentary about Obama released today.

[tw]

Originally Posted by TheMercenary

Anyone who continues to blame the failures of the president after 3 years on the previous president ... is a fool IMHO.

Richard Nixon spend money in 1968 and 1970 that we did not have. Waged a war in Nam that even he knew could not be won. How long was the economic malaise created by Nixon? Finally Paul Volcker forced interest rates to something near 20% in 1979. The economic malaise began to disappear after Reagan's reelection - mid 80's.

Well, you might blame Gerald Ford for not doing anything. Instead he promoted WIN buttons - as if slogans will fix an economy.

Meanwhile, a disaster created by George Jr's Mission Accomplished is just beginning to be resolved. It will easily take another 7 years. But that is how economics really works when one learns facts from history and ignores extremist rhetoric.

We have the economy that George Jr so gleefully encouraged. And will continue to pay for the $trillions (plural) that have been incurred by that useless war. Money games means those debts need not appear for many years and decades later. We still have to start paying for Afghanistan. How large are those debts? $890,000 per soldier per year. Because George Jr surrendered to the Taliban.

Somehow others blessed with rhetoric know the bills from this year are paid for this year. Nonsense. Obama accurately said the economic disaster created by mismanagement will require at least 10 years to resolve. But then everyone knows that having learned from Deja vue Nam.

You cannot get around one obvious fact. George Jr mortgaged the government and did gross mismanagement that has created our current economic malaise. We all knew he was doing just that. Cheney said, "Reagan proved that deficits don't matter." He forgot to mention deficits only matter seven plus years later. He also forgot to mention that many refuse to learn that reality. We have the economy we wanted when Saddam had mythical WMDs. Do we blame a liar George Jr or a public who all but wanted to be lied to? How many knew “Reagan proved that deficits don’t matter.” Welcome to the reality called Shock and Awe.