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Forum Post: Obama Campaign Theme: Avoided New Great Depression

Posted 13 years ago on Nov. 8, 2011, 10:35 a.m. EST by darrenlobo (204)
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“When President Obama hits the campaign trail in earnest next year, he’s likely to talk as much about what hasn’t happened on his watch. ‘We were able to prevent America from going into a Great Depression,’ the president last night during a fundraiser at a supporter’s home in Washington, D.C.” (USA Today)

He’s counting on the public’s ignorance.

FEE Timely Classic “Great Myths of the Great Depression” by Lawrence W. Reed http://www.thefreemanonline.org/in-brief/obama-campaign-theme-new-great-depression-avoided/

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4 Comments


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[-] 2 points by mserfas (652) from Ashland, PA 13 years ago

We should not let our frustration with Obama's weakness make us forget the malice of the Republicans. The Iraq war was based on a lie, and Bush's people actually went to the extreme of outing a CIA agent just to punish her husband for giving one piece of evidence about it. Bush redefined torture. John McCain wanted Georgia to be a part of NATO, so that when the war started in South Ossetia we would have had NATO boots on the ground fighting the Russians for control of a province where 90% of the people had Russian passports and regarded themselves as Russians. Iran would almost be an afterthought - an afterthought bigger than Iraq and Afghanistan put together. We cannot let ourselves be useful idiots who clear the road for a new Franco.

[-] 0 points by justaguy (91) 13 years ago

Boy you get no argument from me there. I was all for going into Afghanistan, killing everyone that was remotely associated with 9/11, and getting the heck back out. That was not only justified but needed for this nation to go on.

Iraq, Lybia, Georgia, Iran, and on and on are not our business.

Hillary Clinton had the best position on Iran during that last Presidential election. She said that if Iran were to USE a nuclear weapon the United States would destroy their country.

I can go with that policy.

BUT we need to get our guys out of most of the places where we currently have them. Hell we still have guys in Bosnia from the Clinton days.

[-] 1 points by nickhowdy (1104) 13 years ago

‘We were able to prevent America from going into a Great Depression,’ ..Really? The only difference between now and the 30's is unemployment insurance..

[-] 0 points by justaguy (91) 13 years ago

When you have nothing else, it is best to run on what could have been.

It is the easiest route since no one can then refute your claims - since the path that was not taken can be argued against but can never be proved wrong.

I was all for for letting the chips fall where they may back at the start of all of this. It would have been immediately more painful but instead we put in all of these temporary measures that have just prolonged and drawn out everything from the banks being liquid to the housing market being able to recover.