Quote:
Originally Posted by tstew
I'm just saying that it is dangerous to lay blame on him before he takes office and months into his Presidency because you lose the ability to not give him a great deal of credit if things turn around. You can't at that point argue that what happened in the economy happened in spite of him or due to preexisting issues. I just think it would be a bit risky on the part of the GOP.
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Sorry. I have the education and degrees in economics to review the data. You are correct in that we have varriables that change. I know where to get foreign currency numbers and reports. I know what japan did 10 years ago and what did not work. I know what Geitner tried in asia and caused harm.
Obama has his shoes strings in his bicycle chain. Reducing taxes increases the economy 3 dollars for every dollar of tax reduction. It means however Obama can't control the money. it may be tax cuts for companies that are not Dem donors. In yesterdays example, Yesterday he promised construction must go to union construction companies and not low bid methods.
non union workers need groceries also. My problem is when I go dig out data from reliabe economists, it is so loaded with propaganda and emotional bias. I also have to constantly review measurements. GDP, M1, M2 and a few other common ones have been re defined.
Global GDP is offered in PPP numbers. How misleading. Actually it is a misleading attempt to not be misleading.
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