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Old November 9th, 2012, 04:37 PM   #1 (permalink)
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Default obama and finance

So today I saw Obama on TV talking about how he plans on getting the economy out of a crisis. How he want to work with both Republicans and Democrats to come to a middle on taxes health care and so on.
But the real question is do you think he will be able to come to a middle between the 2 parties with them basically having the total opposite views on how we should fix the financial crisis were in. I think they need to stop worrying about what party there in and they need to put themselves in other ppls shoes and see how 90% of Americans are struggling

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Old November 9th, 2012, 04:41 PM   #2 (permalink)
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Doubtful. Sadly, it's not in the Republicans best interests to work with Obama. Nor is it necessarily in Obama's best interests to work with the Republicans.
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Old November 9th, 2012, 04:55 PM   #3 (permalink)
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But is that anyway to run a country when the way you got into office was from the people you know what I'm saying? I mean what do they really gain from not working with the president. Shouldn't it be in the best interest to make the people happy?
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Old November 9th, 2012, 04:58 PM   #4 (permalink)
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they are making 50% of the country happy if they dont work with him....... nobody is happy if they work together
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Old November 9th, 2012, 06:37 PM   #5 (permalink)
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they are making 50% of the country happy if they dont work with him....... nobody is happy if they work together
This. The Democrats don't want to be seen working with the Republicans because the Republicans will take credit for their successes and blame the Democrats for any failures. The Republicans don't want to be seen working with the Democrats for the exact same reasons.
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Old November 9th, 2012, 08:18 PM   #6 (permalink)
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No matter how many times he’s reelected, the words “obama and finance” will never have anything to do with each other.
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Old November 10th, 2012, 07:12 AM   #7 (permalink)
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No matter how many times he’s reelected, the words “obama and finance” will never have anything to do with each other.

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Old November 10th, 2012, 12:34 PM   #8 (permalink)
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Quote:
Originally Posted by SirSpace View Post
So today I saw Obama on TV talking about how he plans on getting the economy out of a crisis. How he want to work with both Republicans and Democrats to come to a middle on taxes health care and so on.
But the real question is do you think he will be able to come to a middle between the 2 parties with them basically having the total opposite views on how we should fix the financial crisis were in. I think they need to stop worrying about what party there in and they need to put themselves in other ppls shoes and see how 90% of Americans are struggling
Unfortunately, if they meet in the middle, the resulting plan would defy all conventional economic logic. Not increasing taxes on the wealth, which would have one of the lowest fiscal multipliers, and cutting direct benefits (high multiplier), and medicaid/care (far more efficient than simple private insurance), would leave the US and its deficit in a worse state than beforehand.
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