Discussion Forums > Politics
2012 US Presidential Election
Nikkoru:
Romney's economic plan makes no logical sense -- Obama's does. That's really all that matters.
jaybug:
--- Quote from: Nikkoru on October 14, 2012, 07:36:18 PM ---Romney's economic plan makes no logical sense -- Obama's does. That's really all that matters.
--- End quote ---
Say what? You been smoking that good B.C. Bud or what? If Obama's plan is so good, why do we still have 8% unemployment? Obama's plan is as good as Jimmy Carter's plan was. "There you go again."
Nikkoru:
--- Quote from: jaybug on October 14, 2012, 10:13:24 PM ---
--- Quote from: Nikkoru on October 14, 2012, 07:36:18 PM ---Romney's economic plan makes no logical sense -- Obama's does. That's really all that matters.
--- End quote ---
Say what? You been smoking that good B.C. Bud or what? If Obama's plan is so good, why do we still have 8% unemployment? Obama's plan is as good as Jimmy Carter's plan was. "There you go again."
--- End quote ---
Obama, like Carter, was tested by economic forces over which he has limited control, an economic depression, an abysmal congress, and the Jaybugs of the world to boot. Looking at economic growth during the Carter years, it was quite strong. In fact, the average growth in real GNP of 3.1 percent, which is consider healthy economic conditions -- he was beleaguered by the 79' energy crisis and increased inflation, both of which peaked in and were declining by the end of his presidency and both he had little to combat with. His energy and health platforms were far thinking, and would've resolved many contemporary issues, but he lacked the political support to implement them.
Obama's platform makes perfect sense, the illusion is that that alone -- or any government action -- will create instant meaningful changes in what is an inherently flawed and tumultuous economy based on short-sighted profiteering.
The fact that Romney claims he's going to create 12 million new jobs, cut the deficit while reducing taxes substantially and maintaining inordinately expensive military, social programs like education, and a Obamacare-like health care system, is beyond belief -- filled with such wishful thinking and fuzzy specifics as to seem only possible if you look at it from a distance and in a very dark room. Mostly likely what you'll see is impoverished states having to take on more pressure and increase their own taxes to deal with the dramatic cut in services from the federal government, an increase in the deficit, and more political confusion in Washington if that's at all possible. Obama's plan should raise taxes or cut more than he's claimed, but invests in the two aspects governments can still accomplish and are necessary for real growth -- education and infrastructure. Its Keynesian economics for a post-industrial society, and it's reasonable but inadequate to address the combined weight of globalization, economic inequality, and modernization on the working class.
pantywraith:
While Obama's plan might not be the best, it is a far sight better than Romney's
Romney's consists of cut taxes 20%
...???...
Profit.
He has refused to say what his plan is, how it balances the budget, or give any real detail other than it is not Obama's plan. In fact that seems to be the only thing he is running on, that he is not Obama!
If trickle down economics worked, why has the middle class worse off now than back when carter was in office?
Ixarku:
--- Quote from: pantywraith on October 14, 2012, 11:21:12 PM ---If trickle down economics worked, why has the middle class worse off now than back when carter was in office?
--- End quote ---
Because it's the Democrats fault. Every Republican knows that, duh.
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