They've managed to reduce the severity of the crisis. One shouldn't be utopian and think Master President can wave his hand and make things all glorious
That's EXACTLY why statism sucks and why the free market (not corporatism but the free market) rocks: because you CAN'T trust someone to be "the leader". Legitimate, non-troll post.
The free market cannot exist in capitalism. Its a myth used to manipulate the gullible towards an irrational dogma
Ron Paul style capitalism is quite different from Mitt Romney style capitalism. Mitt Romney's is far superior, obviously.
No, you showed made up nonsense. You have no idea what fascism means. He doesnt have the power to fire anyone at a corporation
One doesn't fix a global crisis over night. One fire fights in order to ensure the economic paradigm is not threatened
Longest sustained high unemployment since the great depression http://www.americanthinker.com/blog...f_high_unemployment_since_depression_cbo.html Slowest economic recovery since great depression http://www.americanthinker.com/blog...f_high_unemployment_since_depression_cbo.html Other presidents with recessions and slow economies did a better job than Obama. Obama appears to be incompetent for the job.
Thw global crisis, in terms of economic instability, is on a par with the Great Depression. Note that, at the time, US policy was relatively ineffective because of its conservatism and failure to quickly embrace Keynesianism. What policies are you after? Your attitudes over the influence of central government remind me simewhat of a Stalinist (with the belief that central economic planning is a panecea for all economic woes)
Many would argue that he has hindered a recovery with his haphazard spending, which is the more likely and common-sense approach.
Do you live on PF? Are you ever offline? Common-sense folks know that the economy will not be fixed by the government throwing taxpayer money at it.
The evidence into demand management shows that your position is based on ignorance of economics. Government (expenditure in orthodox economics, wastw in heterodox) is integral for the survival of capitalism
You said guarantees which implies that it happens in all cases. When done properly, austerity measures are very effective in ending recessions and bringing about growth - as was proved by the 1920 depression. The reason for the failure of the recent measures is that the countries haven't actually tried austerity, they made tiny reductions and made them after most of the damage was done.
He'll celebrate thr continued existence of capitalism despite the worst economic crisis in our lifetime