What a mess. Challenges make a president's place in history. Like 9/11 for Bush, the Credit Crisis was the history-making challenge for Obama, regardless of it's initial cause. This Administration did not effectively step up to their challenge in history. Look at 9.2% unemployment, this debt ceiling BS, the passage of healthcare when our credit rating could possibly not be AAA (What are we Canada?)Not to mention the 300 pt swings every other week in this market because of this BS economy.
Throw the bums out.
clearly it takes no brain to bomb a country into submission. But deciding on how to manage a 14 trillion dollar deficit takes more mental effort than going to War, which Bush didn't manage very well either.
uh sorry...politicians have never been balanced otherwise, they would never be re-elected to milk the coffers. Unbelievable that people think uh... politicians, er lawyers are about "We the People". Please, what a joke. Please keep the board for investment purposes and not your platform for spouting off what you are likely ignorant of. The political structure needs changing otherwise your life will continue to be dictacted against your will. Shall I say possible Dictator around the corner? And I'm not connected to any party other than the "Bag It" party. BUY LVLT @ 1.79. Load up. Those who bot today at the high were harmed other than the BS'ers that tell u how much they made TODAY.
I am not defending republicans and their past mistakes. From what I understand, republicans are against taxing the rich because they believe that rich people create jobs. If you tax them too much then they will just take their money and go home, thus causing working class people to suffer. I am not saying they are correct in their assumptions but I do not view that as evil and not caring about the country. It is just their viewpoint. I have not heard President Obama address the debt crisis with any detail. Again, you can tax the rich all you want but you have to cut spending (something I believe President Obama will avoid at any cost). Thank you for hearing me out and with this civil discussion.
Amazing how many people are diverted from the real crooks and pinning everything on government. What a ruse perpetrated by multi national corporations, lobbyists and billionaires. Patriotism? Whats that?
The one thing Bush did right with the deficit is that he managed to get all the high interest debt exchanged for low interest debt. Obama is about to do the opposite and it will be disasterous especially after the excessive borrowing of the past 3 years.
you here a lot of repubs say "its no way to run a business." when speaking about the government. The government is NOT a business. The governments duty is to protect and serve its citizens. We, the citizens, are forgotten in this debate. I agree that retirement age should be raised to 68 or 70, but the rich should pay higher tax rates and the sickening argument that this will hurt folks in a lower tax bracket because the rich won't create jobs if their taxes are adjusted is just that a "sickening argument" that has NO merit.
i am not saying it will solve the problem, but it is fair to make rich people pay a higher tax rate than they are currently. Solving the financial crisis the Iraq war caused is beyond most of us here on this board, but since Bush and the repubs caused the deficit to soar, they could at the very least sign a bill that is fair.
You are talking politics and I am trying to say that we are broke. President Obama can raise the debt limit, he can raise taxes on the rich, etc. It still does not address the issue that we are not only broke but badly in debt. Taxing the rich does not even come close to solving the problem.
The genius of a name caller! We have no money. However you feel about how we got here it doesn't matter at this point. You can blame whichever president, democrats, republicans, tea party people, etc. It doesn't hide the fact that we are broke and badly in debt. We could tax the rich 100% and it would not repair the damage we are in. Have good night.
the economy is bushes fault. The repubs wont deal a decent hand! Obama is trying to save the old weak and poor! Good for him. He can raise the debt ceiling without the repubs! i say do it Obama show them puubs who is president!
I agree the Republicans have some fault. But....The Democrats had a supermajority. They could have done anything they wanted with it and choose to dig us a much deeper hole than Bush did. They're even trying to blame Republicans for the bad propaganda that has hit this country hurting everyone. I've got news for them. It isn't propaganda, it's reality. This country is hurting and we are worse off with Obama's policies.