The speech

[brice1967]

http://www.huffingtonpost.com/2013/02/12/what-is-a-middle-class-job_n_2664882.html

You hear good things about the economy and then something like this pops up?  What's it going to be?  It is either better or it still stinks... I think we are trying to use too many variables to measure any real progress with the economy.

[specialmom]

Well see, that's the thing.  I know people here are smart and yet that argument comes up.  I honestly don't get that one.  ??  Oh well.

I mean, all presidents deserve respect and I'm not trying to be disrespectful to Obama.  I'm just not convinced that Obama will go down in history as a great/good president.  Time will tell.  

[el_em_en_oh]

You should know better than to question the "it's Bush's fault" logic, SM.

When in doubt, and when you have zero argument or anything remotely intelligent to spew... blame it on Bush.

Don't you know that's the fall'back "defense" for the Left, here on CE?

I won't say that it's the fall'back argument for ALL of those on the Left, because there is A smart one out there that's intelligent enough not to throw that hat into the ring (ie: Wallace54).

[specialmom]

I still don't get why we are talking about Bush.  The fact that Bush wasn't a great president means that Obama has to be?  Oh, okay.  He gets to be above Bush in terms of presidens and jobs they've done but I honestly don't think he'll go down as a great president.  I haven't seen it yet but I guess he has a few more years.  Honestly, don't get the connection between the constant bush/obama conversation.  For those who are not liberal in their politics, Obama is hard to feel great about.  This doesn't need to be more than that and wow, I hate when prejudice is thrown in there.  I'd have as much problem if Hilary were in office, I'm sure, but then I'd be prejudice against women (like all Republicans.).  

Some here are huge Obama fans and some aren't.  What's the big deal?

[mikesimon]

The fundamental principle of the classical theory is that the economy is self-regulating[1]. No need to throw $6T at it, which turns out to have been a horrible move, because all it did was put us into DEEPER debt.

It's wrong and has been shown to be wrong. It is not self regulating.

You would be well advised to study more than just the cliff notes on the Classical Theory.

I guess it is a start though and we have to start somewhere.

[el_em_en_oh]

Are you insinuating that $6 trillion spent in 4 years, wasn't enough?

Seriously... SIX TRILLION DOLLARS wasn't enough?

The fact that the moron though we could BUY OUR WAY out of this mess, was simple minded.

When the market adjusts, you LET IT adjust. You don't spend every last dollar you have, putting yourself into unmanageable debt, to try (and subsequently fail) a arrest it.

The fundamental principle of the classical theory is that the economy is self-regulating[1]. No need to throw $6T at it, which turns out to have been a horrible move, because all it did was put us into DEEPER debt.

Say's Law... read it.

[1]http://www.cliffsnotes.com/study_guide/The-Classical-Theory.topicArticleId-9789,articleId-9741.html

[brice1967]

I did hear that.  President Obama said we'd be out within 1 year of him being elected.  Apparently he evolved again....