Why do YOU blame (or don't blame) Obama for the high unemployment rate? What policies of his (or lack thereof) have been detrimental in your opinion?
Support your answer with outside sources. Otherwise, don't waste your time answering. The same ole Republican/Democratic rhetoric isn't going to fly this time. I want hard data and analysis.
I wouldn't count on in depth analysis from this crowd, Billy.
But I'll chime in.
I believe of the things that this admin failed to do was make the stimulus large enough to have the impact it might have had.
$780 billion minus about 40% of it which came in form of tax breaks, just wasn't enough money to have a signficcant impact a fibrilating 14 trillion dollar GDP.
The stimulus should have been larger, but could he have gotten more money?
No, probably not.
However, had he POLITICALLY tied a stimuluis package to the BANSTERS bailout happening at the same time? -- now hovering around 26 TRILLION biucks and still counting -- he might have had more political persuasion.
Of course Obama does NOT control the FED, so I suppose it is reasonable to object to that theory and suggest that he couldn't make the connection, right?
Okay that's where the president's BILLY PULPIT comes in.
He needed to EXPLAIN to the American public the TRUE NATURE of what this nation was facing, how much we had to bail out the banksters and how much more we also needed to bail out the other 299,900,000 citizens in this nation who are not insiders of the wall street bailouts.
What I am really saying is the DEMCRACTIC PARTY needs to grow a set of balls.
But of course how can they?
Obama's party is no less in bed with BANSTERS than the GOP. Maybe even more so, really.
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