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Originally Posted by dogzilla
People are going to replace cars anyway in most cases. So cash for clunkers just borrowed against future car sales to spike the market for a few months. The $8000 credit for houses spiked the sales in housing for a while. Once that ended, sales went down again and the housing market is still not in good shape.
In those cases, as well as other Obama programs, that money is not going to be paid back.
The government should not have spent my (taxpayer) money on these giveaways. Let the market work itself out.
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Ok, what do you think will help the economy? Bush did the tax cut thing, how'd that work out in the long run? Didn't end up so well in my opinion.
Really I read your posts and it appears you can't help but blame Obama for everything. At some point will he be the second gun man on the grassy knoll?
A couple posts back you stated-
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As far as deficits, Bush's deficits were pretty much in the $400 billion range except for 2008, and Obama's have been well over $1 trillion for the last couple years and not projected to decline below $1 trillion for a few years. Obama's going to end up well past the $7.5 trillion addition to the debt he was worried about.
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First Bush spent
Future Money instead of paying as he went. He didn't even include in his budgets the cost of the wars. Bush took the Dem policy of tax and spend and turned it into "borrow and spend." I no fan of tax and spend but borrow and spend bothers me much more.
Second you're claiming "Obama's have been well over $1 trillion for the last couple years" Exactly how many years do you think he's been in office?
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Originally Posted by dogzilla
When the president makes specific statements talking down the economy? Yes.
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Maybe being honest about the situation had less of a negative effect then repeatedly telling everyone "the economy is strong" while it was really tanking. Bush was always in "rah, rah, rah!" mode. He did that with the economy and it eventually dropped over 6,000pts. He also did that with the Iraq war. Hell according to him we "turned the corner" so many freaking times anyone with a touch of logic would have to conclude we were going in circles.
This culture of "rah, rah, rah... we're number one!" Didn't get us anywhere in my opinion.