U.S. Economic Recovery Is Weakest Since World War II

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    Re: U.S. Economic Recovery Is Weakest Since World War II

    That's what happens when you use FDR as a role model.
     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    The reasons for this ongoing disaster are clear The bust was worldwide and affected the world's largest financial institutions. It occurred as shifts in the global market caused a downturn in industry in the U.S. Most importantly, however, it was addressed, not with practical measures (other than Obama's stimulus) but rather with ideological zealotry and political opportunism.

    The Republicans and other "deficit hawks" saw the financial crisis as an opportunity to force upon the public the cuts in government spending, particularly for social services, that they'd always supported. Additionally, they saw a sustained recession as politically profitable. So not only did these so-called conservatives radically and ruthlessly cut funding depended upon by state and local governments, but they did so in full knowledge that any suffering that resulted would be blamed on their opponents.

    That is why, unlike in previous recessions, we are still in big trouble.
     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    The reality is that we have a Republican economy. Total government spending has fallen to a level not seen since the Korean War (while growing the Pentagon budget), corporate and individual tax rates have fallen to levels not seen since the Great Depression and financial regulation has been demolished.

    Why do you "conservatives" complain, you've gotten everything you wish for?  

     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    Are you trying to say that the Wall Street meltdown was the worst thing to happen to the economy since the crash of 29, which caused the great depression?  Isn't that common knowledge?

     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    In Response to Re: U.S. Economic Recovery Is Weakest Since World War II:
    The reality is that we have a Republican economy. Total government spending has fallen to a level not seen since the Korean War (while growing the Pentagon budget), corporate and individual tax rates have fallen to levels not seen since the Great Depression and financial regulation has been demolished. Why do you "conservatives" complain, you've gotten everything you wish for?  
    Posted by UserName99


    This would be funny is I actually thought you didn't believe it.

    Glad to see that you AGREE that the economy is in the swill.  Now, let's look at who has been overseeing it recently:

    4 years of Obama
    2 of those years with a Democrat House and Senate
    4 of those years with a Democrat Senate

    Obama owns this economy.
     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    In Response to Re: U.S. Economic Recovery Is Weakest Since World War II:
    In Response to Re: U.S. Economic Recovery Is Weakest Since World War II : but but but Bush did it !!
    Posted by NO MO O



    Hate to say it, because the liberals will take this as a broad sweeping acceptance of complete and total acceptance of Bush causing destruction of all manner in all time references, but Bush did set the table for this spending feast.  However, Obama is the fat guy who goes to an "All You can Eat" restaurant and never leaves.
     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    In Response to Re: U.S. Economic Recovery Is Weakest Since World War II:
    In Response to Re: U.S. Economic Recovery Is Weakest Since World War II : Hate to say it, because the liberals will take this as a broad sweeping acceptance of complete and total acceptance of Bush causing destruction of all manner in all time references, but Bush did set the table for this spending feast.  However, Obama is the fat guy who goes to an "All You can Eat" restaurant and never leaves.
    Posted by skeeter20


    So you think Government spending is to blame for the mess we are in.  Please explain how the deficit is causing the slow economy?
     
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    Re: U.S. Economic Recovery Is Weakest Since World War II

    Given that the current 112th Congress is also on pace to be the least productive since WWII, there seems to be some ancillary reasons why the recovery is slow.

    So much for that 2010 tee partee wave of do-nothing, pork-lovin' extremists.  They've done jack spit since getting elected.


    That aside, the bigger the market failure, the longer the recovery...just like the repubs want it.

     
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