You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #417: That is what he's doing now & good. However, in Feb 2009, he said the stimulus bill would keep... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-25-10 12:57 AM
Response to Reply #411
417. That is what he's doing now & good. However, in Feb 2009, he said the stimulus bill would keep...
unemployment from going over 8%. It didn't. Anyone with a basic knowledge of economics knew it would not produce that result and President Obama avoided the question of further stimulus later, leaving the distinct impression he felt the stimulus that passed was adequate. He then spent several months agreeing with the deficit hawks. When he convened the jobs' summit in December of that year he said, "We have limited resources for this,' still giving quarter to the deficit hawks instead of pushing for robust stimulus in the face of the jobs' crisis.

It was a miss. I was glad when he and Bernanke finally saw the train heading for them and began to tell Congress that cutting spending now would be a mistake but, by then, it was too late. The deficit hawks had control of the message.

Yes, it's nice to see the President on the campaign trail and saying we have more work to do and I hope he's making a difference. But the fact is the 'movement' liberals had the right ideas and the right message all along. We were shouted down by the 'action' liberals and that's why we're in such a close fight now.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC