Lifestyle > Train of Thought
The president cannot control the country's economy
Fathom:
--- Quote from: LIGHTS on June 24, 2009, 10:49:07 AM ---
--- Quote from: Baron Johann de Kalb on June 24, 2009, 05:34:36 AM ---consumers and businesses control the economy.
the government just interferes and stifles the economy
--- End quote ---
TELL THAT TO THE PEOPLE WHO ARE HATING ON OBAMA FOR GAS PRICES...
MY CO-WORKERS FOR EXAMPLE... ITS NOT OBAMA ITS PRINCE ABDULLAH
--- End quote ---
You guys are right. The president can't fully control the economy. But since Obama has been in office the deficit is up to a 1 trillion when it was 200 and something billion with Bush. He has spent more money on economic stimulus then Bush has spent in Iraq and Afganistan combined. And when Obama wants to appoint a pay czar to regulate the salaries of corprate executives who are nto recieving stimulus aid, it makes me wonder.
LAXCENTRAL:
good point
Matty:
it's kinda unfair to say obama has 'spent' all this money. there's no money to spend - its pure debt financing and money printing. get ready for some new stimulus/bailout by the years end. america is definitely on its last legs economically though, the day of reckoning is coming :laugh:
LAXCENTRAL:
appreciate the input ... 8)
Matty:
this video is a good example of how the media (controlled by guess who) try to hate on the people who've been right about the economy. this interviewer gets his ass handed to him though :laugh:
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