Quote:
Originally Posted by Vendzilla
The money they spent on the stimulus didn't work, it stabilized the financial district,not the country, they are back do what they were doing before the bail out. The Car companies are continuing to build cars in other countries because it's more profitable for them to do so.
Instead of fixing the problems we have right now, Obama has chosen to pile on more entitlements, that's fucking stupid.
NAFTA is allowing companies to move out of the country for cheaper labor, even Hillary during her campaign said that, but has anything been done, NO.
Simple works, KISS, Keep It Simple Stupid
The only sector that has grown under Obama for Job growth is the government, who pays for that? I know they want the rich to pay for that, UM, aren't they the ones that employ the rest ?
|
If the money spent stabilized the financial district (the system in my words) then it did indeed stabilize the country as the country relies on this system -- whether right or wrong.
You keep harping on Obama. I was clear to use "Bush/Obama", partly because I don't align myself with either but mostly because they both participated in these events -- more specifically monetary and fiscal stimulus during a downturn (a big one mind you).
Now, an all out, global credit collapse could possibly have been better, but I doubt it. I can only conclude that 1) certain people don't have a grasp of the consequences of allowing the system to collapse 2) their political ideology trumps their personal welfare.