StopNTSing
Well-known member
- Joined
- Feb 16, 2003
- Posts
- 715
Whoa once again my pilot friends need to get a dose of truth. The man you speak of has been president for what less than two months. Come on a 1 trillion dollar plus deficit was inherited with over 10 trillion dollars in debt. 2 wars which I can personally attest to one being a big mistake. And an economy not only in a deep recession but a recession with a lack of consumer and corporate credibility. The last 8 years where spent living high of the hog and dipping into our supposed rich houses with easy stupid money while we ignored all of our problems. I really should go on but I'm going out to work on my business by nurturing it and doing what I have to do to get things done while all the Bush dead beats beg for their wall street bail out which we are almost being forced to give them or risk a complete death of the credit market. WSJ put out a poll yesterday showing over 80 percent believes in Obama. I am one of those 80 percent.
Did you notice what has happened to the Dow in those two months, Max? Reagan faced a nearly identical economic situation when he took office and he did what? Tax cuts, of course....thus ushering in the 80's decade of economic boom (or the decade of greed, if you're a liberal). Obama is trying to be FDR and New Deal all over again with his Tax & Spendorama. Where was unemployment in 1938 after eight years of tax & spend? Ah...wait for it.... That's right, it was unchanged.
Pretty soon, this is going to be Obama's Recession (Depression?). He won't be able to keep blaming it on W forever.