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JMGraberJr 2 Sep, 2012 @ 11:23am
Barack Obama
What is your opinion of his presidency?
Last edited by Emperor Ferdinand VI of Spain; 13 Mar, 2017 @ 9:10am
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Showing 1-15 of 27 comments
GottaGetNormaler 6 Sep, 2012 @ 9:38pm 
Overrall good. He came in with a horrible economy, loosing thousands of jobs a month, and now we're creating thousands of jobs a month. We ended the war in Iraq, got Bin Laden, are set to leave Afghanistan, and passed major necessary health care reform.
JMGraberJr 7 Sep, 2012 @ 6:43pm 
150,000 jobs are needed to be created each month. Only 96,000 jobs were created. Unemployment dropped from 8.3% to 8.1%, but only because more people stopped looking for jobs.
GottaGetNormaler 8 Sep, 2012 @ 11:21am 
Yes, I know that, and as Obama said, there is a lot of work to be done. But Clinton made a great point, he said that nobody could fix the mess Obama was given in just four years. We've made lot's of progress, from loosing 800,000 jobs a month to gaining tens of thousands each month. I would prefer better job numbers, and I'm sure there would be if Congress had passed Obama's JOBS Act, but oh well.
JMGraberJr 8 Sep, 2012 @ 12:50pm 
Two Presidents fixed a bad economy in one term:
Ronald Reagan
Warren Harding
GottaGetNormaler 8 Sep, 2012 @ 1:05pm 
Not an economy as bad as this one. And Ronald Reagan increased the debt with his tax cuts, so he later had to raise taxes. Warren Harding's recovery only lasted for 2 years until another economic slowdown happened, and his tax cuts only worked for 2 years because of a different economic climate. The recession he had was extremely small compared to the Great Recession Obama inherited. And the world economy was smaller back then. Things were different 100 years ago. What worked then won't necessarily work now.
GottaGetNormaler 8 Sep, 2012 @ 1:06pm 
Also, you forgot Bill Clinton. :P
JMGraberJr 8 Sep, 2012 @ 1:42pm 
"Warren Harding's recovery only lasted for 2 years until another economic slowdown happened, and his tax cuts only worked for 2 years"

Not it did not, it lasted through the entire decade. Its called the Roaring Twenties for a reason. Since we are only talking about the economy, the debt is irrelevant since that is based on government expenditures, not the economy.
GottaGetNormaler 8 Sep, 2012 @ 3:06pm 
I looked up Warren Harding's presidency, found the info on the economy and the recovery during his term, and it said "Recovery did not last long. Another economic contraction began near the end of Harding's presidency in 1923, while tax cuts were still underway. A third contraction followed in 1927 during the next presidential term."

The roaring twenties were due to many different factors, not just one stimulus that included tax cuts. You simply cannot say that ONE action created a huge boom. It's much more complicated than that.
JMGraberJr 8 Sep, 2012 @ 7:45pm 
It sounds like all those tiny little recessions had little effect ans were easily resolved. Then you go to Reagan's economy where he improved a lot.
JMGraberJr 8 Sep, 2012 @ 7:47pm 
Also, be aware that their job was to simply repair a recession. When a new one came, they fixed it. Recessions never stop.
GottaGetNormaler 10 Sep, 2012 @ 9:03pm 
You're still completetly ignoring the shear size of the Great Recession. People call it the Great Recession for a reason. It was almost a second Great Depression, and it took more than four years to get out of that mess. Think realistically here, don't assume you can just snap your fingers, cut taxes, and everything will be alright. Because sometimes it won't. Don't be dogmatic, be pragmatic.
The Gentleman Spy 11 Sep, 2012 @ 11:12am 
HI, you are still ignoring Bill Clinton. He eliminated all the debt that Reagan wracked up. AND had a surplus by the time he ran from office.
JMGraberJr 11 Sep, 2012 @ 7:04pm 
The only time there was a surplus was when the Republicans had a majority in the House. Also, Clinton did not destroy any debt. In fact, by the time his presidency was over, the debt was at 7.1 trillion. The surplus stopped any extra debt for his last years in office.

What we know as the Great Depression started as a recession actually. However, interventionist acts made by Presidents Herbert Hoover and Franklin Roosevelt runied the country for a decade. World War 2 also did not completely end the Depression.
GottaGetNormaler 12 Sep, 2012 @ 6:11pm 
Of course. Whenever you can you try to blame the good things on Republicans and the bad things on Democrats.

You do realize that Democrats controlled the House every single year that Reagan was in office? Shouldn't the Democrats get credit for the 1981 recovery too? And indeed we did have debt, but it was decreasing fast due to the multiple yearly surpluses under Clinton, and yes, the Republican controlled Congress. But the CBO in 2001 projected that we would have a $5.6 trillion surplus for the 2002-2011 period. And look what happened. The debt was exploded by a REPUBLICAN President and a REPUBLICAN House and a REPUBLICAN Senate.

Also, every depression is technically a recession, just larger. But what you are referring to is very small "recessions", or economic slowdowns, in the period before the Great Depression. And how did we get out of the Great Depression? Through massive spending during peace and wartime, as well as a regained confidence in the market.
JMGraberJr 12 Sep, 2012 @ 10:07pm 
Actually, the Great Depression did not end until even the late 1940s (1948 would be the best guess) I even posted it once on a recent study done by Yale University.

You also do not understand that Bush was not a conservative, so I do not support him.
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Date Posted: 2 Sep, 2012 @ 11:23am
Posts: 27

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