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President Obama!
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<blockquote data-quote="UPS Lifer" data-source="post: 980750" data-attributes="member: 9789"><p><strong>Re: Obamanomics</strong></p><p></p><p></p><p></p><p>I have been saying this from 2009. It is not showing the effects of "bread lines" because of our "safety net" or nanny state programs and a lack of mainstream media coverage of the problem. But longterm numbers (like the article refers to) substantiate the claim. Also, if you tell someone we are in a depression they will tighten up their spending even more which will throw the economy into a deeper depression. The proof is how much money the feds spent to get us to where we are today which is nowhere!</p><p></p><p>If you know how to fly, you know what happens when your plane stalls and starts to drop in altitude and pick up speed. Instead of pulling back on the yoke you have to push it forward and give it throttle and opposite rudder to pull out and get air flowing back over the wings. Just like a pulling out of a tail spin, in a recession, you have to encourage spending to stimulate growth. Problem is we are out of money and lack of support for the real economic drivers - <strong>private business</strong>, is why are are not pulling out faster.</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 980750, member: 9789"] [b]Re: Obamanomics[/b] I have been saying this from 2009. It is not showing the effects of "bread lines" because of our "safety net" or nanny state programs and a lack of mainstream media coverage of the problem. But longterm numbers (like the article refers to) substantiate the claim. Also, if you tell someone we are in a depression they will tighten up their spending even more which will throw the economy into a deeper depression. The proof is how much money the feds spent to get us to where we are today which is nowhere! If you know how to fly, you know what happens when your plane stalls and starts to drop in altitude and pick up speed. Instead of pulling back on the yoke you have to push it forward and give it throttle and opposite rudder to pull out and get air flowing back over the wings. Just like a pulling out of a tail spin, in a recession, you have to encourage spending to stimulate growth. Problem is we are out of money and lack of support for the real economic drivers - [B]private business[/B], is why are are not pulling out faster. [/QUOTE]
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