Democrat US Presidential Nominations

[FogBlueInSanFran]

Yeah as well as there were 6 mil people unemployed when O took office, yet he didn't do a thing!!

Now inbetween is claiming Orange Doofus is the new magical job elf.

Maybe Ivanka really DID create 30mil jobs!!

I'm a little confused. If you thought Obama had accomplished anything truly meaningful, why would you support Sanders? Obviously Obama's policies were just another set in a long line designed to fuck the poor; that's why we are where we are, isn't it?

The Fed deserves the credit for saving the economy in 2008, along with Treasury. Arguably they also deserve the blame for bringing us to the brink of disaster so once again the firefighters are also the arsonists. Of course I guess Sanders would rather have seen the nation in depression -- one of the only senators too, errr, "principled" to vote for TARP, like someone convinced he can save a dying patient with herbal medicine because the paramedics are too rich.

But it is silly for Trump to crow about African-American unemployment when the rate has declined 100 bps during his tenure and declined 1000 bps during Obama's!

 

[Bigga]

I'm a little confused. If you thought Obama had accomplished anything truly meaningful, why would you support Sanders? Obviously Obama's policies were just another set in a long line designed to fuck the poor; that's why we are where we are, isn't it?

The Fed deserves the credit for saving the economy in 2008, along with Treasury. Arguably they also deserve the blame for bringing us to the brink of disaster so once again the firefighters are also the arsonists. Of course I guess Sanders would rather have seen the nation in depression -- one of the only senators too dumb to vote for TARP, like someone convinced he can save a dying patient with herbal medicine because the paramedics are too rich.

But it is silly for Trump to crow about African-American unemployment when it has decline 100 bps during his tenure and declined 1000 bps during Obama's!

I get why you're confused. Whilst 'O' halved the unemployment, it doesn't mean they were great jobs, which he acknowledges, himself. But, he could only work with what he had at the time, which is what I see too.

Yes, Obama was a neoliberal, but at the time, like so many of us hoped for, he ran on a more progressive agenda and a hope for change.

That politician and policy is real in Sanders.

Your assessment on where Sanders would have been during the same economic downturn is fanciful, as he wouldn't have allowed banks to do the same games as what Bush and Obama allowed.

So, let's not place politicians with different ideologies into hypothetical non-scenarios.

 

[FogBlueInSanFran]

I get why you're confused. Whilst 'O' halved the unemployment, it doesn't mean they were great jobs, which he acknowledges, himself. But, he could only work with what he had at the time, which is what I see too.

Yes, Obama was a neoliberal, but at the time, like so many of us hoped for, he ran on a more progressive agenda and a hope for change.

That politician and policy is real in Sanders.

Your assessment on where Sanders would have been during the same economic downturn is fanciful, as he wouldn't have allowed banks to do the same games as what Bush and Obama allowed.

So, let's not place politicians with different ideologies into hypothetical non-scenarios.

No, he DID vote against TARP. It's not hypothetical. When faced with a dire emergency -- pass TARP or go into Depression -- he voted for Depression. The "hypothetical" is the one you set up, not me -- i.e. where we would have been if Sanders had been President.

 

[Bigga]

No, he DID vote against TARP. It's not hypothetical. When faced with a dire emergency -- pass TARP or go into Depression -- he voted for Depression. The "hypothetical" is the one you set up, not me -- i.e. where we would have been if Sanders had been President.

No, what I meant was if he was president during that period, he would never have allowed the banks and Wall St to play that game. Those administrations were happy the stock market was going up.

That is consistent with his vote against TARP.

Therefore, it is hypothetical taking that scenario into account.

 

[Mancityus]

Because did any of these presidents actually have any effect or was it just a natural procession of the economy at the time? You could argue that Trump has overseen economic growth, less unemployment and wage growth but yeah I guess that is all Obamas doing....

I just can't see what any US president has actually done, the poor are still poor and the rich are still rich? What has really changed?

I agree on healthcare but what I meant was the change he brought in was limited. It wasn't exactly breaking ground on the fundamental reason why anyone has to pay for healthcare in the first place....

Which US president has brought in REAL change?

I agree especially with regards to Obama - he just screwed up a great opportunity to do something in his first term about healthcare, wasted time and finally ended up passing Obamacare that did not do much for average citizen.

 

[Bigga]

I agree especially with regards to Obama - he just screwed up a great opportunity to do something in his first term about healthcare, wasted time and finally ended up passing Obamacare that did not do much for average citizen.

He fooked up, but he went into that presidency thinking he would do do legislation through bipartisanship. He was rejected throughout his terms until he forced executive decisions in his last 18 months and even then the GOP demanded it was unconstitutional.

 

[Mancityus]

He fooked up, but he went into that presidency thinking he would do do legislation through bipartisanship. He was rejected throughout his terms until he forced executive decisions in his last 18 months and even then the GOP demanded it was unconstitutional.

It was a big one, he did not need bipartisanship. The mandate he had who knows when a President will get again so makes Obama's performance very poor.

 

[FogBlueInSanFran]

Yes, by all means, let's encourage poorer people to rack up more debt now, while at the same time making it much harder to qualify for a card, and then force banks to cut off credit when rates rise because they can't raise prices and earn a spread as they pay more for money.

This fundamental lack of understanding of basic economics drives me up the fucking wall and makes me so nervous about his other pontifications where he's dealing with things I don't understand but he claims to have a cure for the ill. Argh.

 

[Dax777]

It's sounds like Buttigieg and Amy are the new favorite establishment candidates. :)

If you ask me, they are simply placeholders for Bloomberg.

 

[ChicagoBlue]

There are plenty of charts and graphs that show that almost every economic statistic is a simple extension of the TREND from the Obama Administration.

Here’s just one: US UNEMPLOYMENT RATE

https://www.statista.com/statistics/263710/unemployment-rate-in-the-united-states/

Inherited falling unemployment rates, pumped $2TRILLION in tax cuts into the economy, had the Fed throw in another $1TRILLION and all we have to show for it is a stock market bubble and unemployment maintaining a 6+ year trend, yet Trump crows about what he has done.

Give me $3T, and I’ll make you very very happy with what I could accomplish!!!