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View Diary: Here is the GOP 'deal' to bypass Sequestration that Kossacks are supporting the GOP on. (88 comments)

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  •  if he had listened (6+ / 0-)

    to liberal nobel prize-winning economists rather than to former citi execs, we would be in an entirely different paradigm. and economy.

    The cold passion for truth hunts in no pack. -Robinson Jeffers

    by Laurence Lewis on Wed Mar 06, 2013 at 08:54:41 AM PST

    [ Parent ]

    •  That assumes that nobel economists (1+ / 0-)
      Recommended by:
      sebastianguy99

      are funding Republican congresscritters.

      I see what you did there.

      by GoGoGoEverton on Wed Mar 06, 2013 at 08:56:57 AM PST

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    •  Not necessarily. Many of these liberal nobel prize (6+ / 0-)

      economist warned that the country would have entered another Great Depression if the President failed to use their prescription for the ailing economy. The President managed to do quite well in preventing the economy from entering a second Great Depression.

      What has prevented the economy from further improvement is the obstructionism of the Republican Party. Not the President. There has been multiple jobs bills and other incentive programs proposed by this President that the Republicans have killed.  

      •  actually (0+ / 0-)

        what they said was that the stimulus was too small, and we needed another one. they were right. what has prevented a full recovery is that lack of a second stimulus. the president shares the blame on that, because not only did he not try for one, he got deficit fever instead.

        The cold passion for truth hunts in no pack. -Robinson Jeffers

        by Laurence Lewis on Wed Mar 06, 2013 at 09:34:07 AM PST

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        •  Well, first of all, in terms of the stimulus, I'm (4+ / 0-)

          not sure how many times this has to be pointed out, but the President barely got enough votes to pass the $800 billion package he got by. We didn’t have the votes for a bigger package.

          There are many, such as Michael Grunwald who have pointed out how effective the stimulus that the President passed has helped the economy and jump started the President's agenda for lasting change.

          As for liberal economists, it is easy for many of these individuals to call for all types of bold stop-gap measures, but some like Paul Krugman admits that he himself would lack the ability as a politician to institute his economic plans, which goes to the crux of the matter here in this community, where individuals rail at the President day-in and day-out without the slightest idea of how to pass their legislative Shangri-la.

           

          •  meh (0+ / 0-)

            it's easy to not try and say you can't do it than to actually try and find out. but once again- and this is the key point- even just trying for a second stimulus, and making the case that the first one prevented a depression but wasn't enough to spark a full recovery, would have completely changed the dynamic for 2010. the blame for the economy would have fallen on the republicans, and the election would have turned out very differently.

            The cold passion for truth hunts in no pack. -Robinson Jeffers

            by Laurence Lewis on Wed Mar 06, 2013 at 11:00:37 AM PST

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