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re: Obama has been an impressive president

Posted on 10/21/14 at 12:04 pm to
Posted by BigJim
Baton Rouge
Member since Jan 2010
14479 posts
Posted on 10/21/14 at 12:04 pm to
To sum up the link, his accomplishments are:

-Obamacare
-Dodd-Frank
-The economy (???)
- The environment

Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 10/21/14 at 12:07 pm to
Upvoted, agree with everything Paul said.
Posted by UncleFestersLegs
Member since Nov 2010
10808 posts
Posted on 10/21/14 at 12:08 pm to
How about this?
quote:

By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.

Posted by TX Tiger
at home
Member since Jan 2004
35632 posts
Posted on 10/21/14 at 12:08 pm to
quote:

If you're going to miss a president, why not miss a good one?
Name one that's been good, ever.
Posted by AUin02
Member since Jan 2012
4280 posts
Posted on 10/21/14 at 12:11 pm to
fricking Auburn fans, amiright everybody?
Posted by TX Tiger
at home
Member since Jan 2004
35632 posts
Posted on 10/21/14 at 12:11 pm to
quote:

If you take success to mean that you achieved what you set out to do (although negative), Obama is pretty damn successful as a president.
Why do you think they put him back in for a second term?
Posted by gatorrocks
Lake Mary, FL
Member since Oct 2007
13969 posts
Posted on 10/21/14 at 12:14 pm to
Would you like me to link to an Ann Coulter article?

Would literally be the same as what you did.
Posted by gatorrocks
Lake Mary, FL
Member since Oct 2007
13969 posts
Posted on 10/21/14 at 12:15 pm to
Makes you wonder why Dems are not telling people they voted for him.

Surely these dems want to be associated with all this success?
Posted by AUin02
Member since Jan 2012
4280 posts
Posted on 10/21/14 at 12:17 pm to
quote:

How about this?
quote:
By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.



No no no no. If you're going to mock Krugman on this then you need to include a little more context.


quote:

The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.
* As the rate of technological change in computing slows, the number of jobs for IT specialists will decelerate, then actually turn down; ten years from now, the phrase information economy will sound silly.


There. He sounds a hell of a lot sillier that way.
Posted by redandright
Member since Jun 2011
9604 posts
Posted on 10/21/14 at 12:18 pm to
Now I can see how Enron imploded.
Posted by gatorrocks
Lake Mary, FL
Member since Oct 2007
13969 posts
Posted on 10/21/14 at 12:20 pm to
Just one of many Krugman failures.
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 10/21/14 at 12:21 pm to
i don't even know how to respond to that
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 10/21/14 at 12:22 pm to
quote:

]He faced scorched-earth Republican opposition from Day One


Why is Paul Krugman a liar?
Posted by Wild Thang
YAW YAW Fooball Nation
Member since Jun 2009
44181 posts
Posted on 10/21/14 at 12:27 pm to
quote:

obama has been an impressive president


Posted by Samso
nyc
Member since Jun 2013
4726 posts
Posted on 10/21/14 at 12:28 pm to
On Dodd-Frank...

quote:

But it's easy to prove that this is nonsense: Just look at how institutions behave when they're designated as SIFIs. Are they pleased, because they're now guaranteed? Not a chance. Instead, they're furious over the extra regulation, and in some cases fight bitterly to avoid being placed on the list. Right now, for example, MetLife is making an all-out effort to be kept off the SIFI list; this effort demonstrates that we're talking about real regulation here, and that financial interests don't like it.



quote:

Another key provision in Dodd-Frank is ''orderly liquidation authority,'' which gives the government the legal right to seize complex financial institutions in a crisis. This is a bigger deal than you might think. We have a well-established procedure for seizing ordinary banks that get in trouble and putting them into receivership; in fact, it happens all the time. But what do you do when something like Citigroup is on the edge, and its failure might have devastating consequences? Back in 2009, Joseph Stiglitz and yours truly, among others, wanted to temporarily nationalize one or two major financial players, for the same reasons the FDIC takes over failing banks, to keep the institutions running but avoid bailing out stockholders and management. We got a chance to make that case directly to the president. But we lost the argument, and one key reason was Treasury's claim that it lacked the necessary legal authority. I still think it could have found a way, but in any case that won't be an issue next time.



Now THAT is socialism.
This post was edited on 10/21/14 at 12:29 pm
Posted by AUin02
Member since Jan 2012
4280 posts
Posted on 10/21/14 at 12:32 pm to
quote:

Just one of many Krugman failures.


Krugman exhibits a lot of the flaws of arrogance often seen in, sadly, a fair number of economists and physicists.
Posted by dante
Kingwood, TX
Member since Mar 2006
10669 posts
Posted on 10/21/14 at 12:34 pm to
quote:

He faced scorched-earth Republican opposition from Day One, and it took him years to start dealing with that opposition realistically.
He didn't have ANY Republican opposition FOR 2 YEARS. The Dems had control of the House and Senate for two years before the R's could stop anything.
Posted by BugAC
St. George
Member since Oct 2007
52764 posts
Posted on 10/21/14 at 12:36 pm to
quote:

He faced scorched-earth Republican opposition from Day One, and it took him years to start dealing with that opposition realistically.


He had a completely Democratic controlled Senate and House for 2 years. How is that "facing opposition"?

Democrats - the party for stupid people

Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 10/21/14 at 12:36 pm to
lazy troll is lazy
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 10/21/14 at 12:37 pm to
quote:

Upvoted, agree with everything Paul said.




In the coming months, this board will scream media bias more and more as it becomes more and more apparent Obama has done a good job. Especially considering the circumstances with the GOP willing to do as much harm as possible or necessary in what history will ultimately document as a failed attempt to thwart Obama - no matter the cost.

Mark it down, media bias will be the primary talking point when posters entrenched belief's here do not square with reality.
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