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3rd Quarter GDP Estimate: Rises To Whopping 4.6%

#23

(08-29-2018, 09:07 AM)mikesez Wrote:
(08-29-2018, 07:59 AM)jj82284 Wrote: Traditional socialist.  He was more of an economic national socialist (for political expedience not core ideology).  

Also, u left out the carbon tax which would have wrecked the economy, forced transition to green energy that would have wrecked the economy and u and those who carry Obama's economic water leave out the fact that a.) He supported the policies that lead to 08 (and the collapse of all the health care co-ops) b.) Generally, the greater the recession the stronger the recovery.  This whole "well the recession was really deep" is actually a further INDICTMENT on him never reaching 3% gdp in a single year (first president ever).

Obama was no kind of socialist.  He was for a bigger welfare state, not socialism.  Those are two very different things.  

The carbon tax was not discussed by anyone in power while Obama was President. A carbon tax would not be a bad idea so long as it was paired with cuts to other taxes.

Obama wanted a cap and trade system (which was a very bad idea) but his own party balked.  That was before Republicans regained Congress.  So you could give negative points to Obama for proposing it but you'd also have to give positive points to the moderate Democrats who blocked it.

A.) You didn't do ur homework on German state theory or the economics of fascism.  I'll let it slide this time, but u better be prepared next class young man.  

B.) The Democratic house passed cap and trade (a concept I use interchangeably with that of a carbon tax.)  And yes, there used to be at least some sane people in the Democratic party. Its not a plus for the president that the adults in his own party had to block a campaign promise.  

C.) Still no one taking up the realitities of his economic philodophy and it's role in the housing collapse.  Sad sad sad.
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RE: 3rd Quarter GDP Estimate: Rises To Whopping 4.6% - by jj82284 - 08-29-2018, 09:49 AM



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