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Discuss CBS Rate Obama Poll at the Politics & Religion within the Wrestling Talk Forums; Originally Posted by RYou Economy - ordinarily a President has zero impact of substance on ...
  1. #28
    ODH is offline
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    Default Re: CBS Rate Obama Poll

    Quote Originally Posted by RYou View Post
    Economy - ordinarily a President has zero impact of substance on the economy. It's cyclical in nature and about the only thing a President can do is make it worse, ala Jimmy Carter driving up interest rates and forcing inflation. A recession is like a cold, some times it last 2 days sometimes 5, but it just has to burn itself away over time and there's nothing you can really do about it other than medicate some of the symptoms. Recessions generally end when pent up demand finally spurs productivity. We are on the verge of a spending spree, we just haven't hit the downhill slope as yet.

    In terms of actions that can slow the progression of a failing economy, that was Bushy Bean II and the treasury bailing out AIG and the banks. It was a necessity that really did have impact and would business world would have been flung into a tailspin had it not occurred....Obama had nothing to do with it.

    Cash for Clunkers ........a gimmick that tossed a billion aside, no real impact on the economy other than spurring purchases today versus tomorrow. Look around and you'll find plenty of guzzlers that are still on the road. Besides the original idea arose under Bushy Bean and the idea was nixed as ineffective.

    Add it all up and Obama really hasn't involved himself in the economy, and maybe that's a good thing.

    The other area where I think he has failed us is International politics. He's taken more trips abroad in 14 months than any other President did in 48 and really hasn't accomplished anything other than collect a bunch of gifts he can't keep and get stuck in a warehouse. The biggest negative is embarrassing the American population by some of his social gaffs.

    Heathcare - Let's see how many people off the street he reels in because they haven't bought their share of insurance, but continue to use the services.
    I agree with most of your economy points, but you should give Obama some credit for continuing Bush's policy of bailing out the banks. If he had stopped the bailout and we had widespread bank failure and panic that would have deserved an "F".

    As far as foriegn policy, Obama should get some credit for rebuilding America's standing in the rest of the world. And he has done this with no real change in policy. No major draw down in Iraq, buildup in Afghanistan and no action on closing Gitmo.

  2. #29
    Redshirt TheEvilDrEvil's Avatar
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    Mar 2009

    Default Re: CBS Rate Obama Poll

    I give him all A's.

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