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Old 11-03-2010, 04:21 PM   #130
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: To All The Liberals

Quote:
Originally Posted by 12thMan View Post
Buster, with all due respect homie, this isn't lining up with the economic data that we're seeing and have seen over the past twelve months. This is the fastest post recession recovery we've seen in a generation or better. How we go from here back to a Depression is beyond me. The auto companies have returned to viability, TARP has been repaid with interest and at a profit to the taxpayer. You know that, right? You can't cut corners when you inherit such an economy as Obama did. You have to spend and cut taxes. You know he's done that too, right?

What's troubling coming from, what I believe to be, reasonable people like yourself, GMScud (hell, I'll throw in Firstdown) and others is had we elected John McCain, the size of his stimulus program would have been very comparable in scope to Obama's. Definitely scaled down some, but he would have had to do something nonetheless. The bank bailouts weren't even optional, so I wont' go there.

I'm not economic prognosticator, but let's see how things play out over the next 12-24 months. I think the economy will be better off and not worse.
You must get all your news about Obama from his web site. Not all the tarp money has been paid back.
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