Analysis: Turbulent times and change elections

United States
November 1, 2010 5:57am CST
Obama fans are more than happy to let you know all the wonderful changes he has accomplished in his two years of presidency. However there is a huge BUT added to each of the accomplishments. Yes, Obama and his Democrats stabilized the economy. But their solution was to pump huge sums of money into it as people fretted about all the government borrowing and federal debt burden stacked on their children and grandchildren. The unemployment rate rose; it's stuck near 10 percent. Foreclosures and bankruptcies continued. Yes, they passed a health care overhaul to remake a patchwork and costly system. But the public was divided over it and cringed at how the White House and Democrats pushed it through Congress. Deals with special interests. Virtually no Republican support. Why now? asked people crying out for jobs and losing their homes. Yes, they reined in Wall Street with new rules for big financial institutions whose instability is blamed for the recession. But Main Street still feels left out, ignoring tax cuts they got under Obama and focusing on bailouts that went to banks, an insurance company and automakers. People questioned whether government was getting too intrusive. Bipartisanship and compromise? A different approach to governing? A more civil Washington? Not so much. Says Obama: "Delivering change isn't easy." Certainly, Republicans who opposed Obama and his Democrats at every turn bear some responsibility. But Democrats are the party in power and, therefore, likely to carry more of the blame come Tuesday. My question to you is do we cheer for the YESES and ignore the BUTS or do the BUTS negate the Yeses???? http://news.yahoo.com/s/ap/20101031/ap_on_an/us_change_again_analysis
6 people like this
5 responses
@djbtol (5498)
• United States
1 Nov 10
In this case, the BUTS far outweigh the YES column. What people are calling successes are mostly smoke, mirrors and half truths. In addition, there is no basis for blaming the Republicans. The democrats had control of the whole show. Look what they did with their golden opportunity! In two years, the economy has consistently gotten worse, even with all of obama's bailout. It is interesting that the party 'of the people' couldn't get any of that money in a place that would benefit the people. Another myth that the dems live by is that they care for the people!
• Belgium
1 Nov 10
Really? Could you please take a look at my topic and tell me what you think then? http://www.mylot.com/w/discussions/2430589.aspx It pretty much states the exact opposite of what you're claiming.
2 people like this
@djbtol (5498)
• United States
1 Nov 10
It's not hard to figure out the source of this information. Looks like it came from obama's campaign promises. There has been no cut in taxes. What obama and company like to do is create fake good news. For instance this week they will say taxes are going up next week. Then when next week comes, they announce a tax cut. In the end, take home pay never changed. If half of what was written in you post was true, they would be getting that message out. Since the dems are definitely not afraid of publishing lies, I do not understand why they don't get it out there anyhow. I guess I really do not understand the obama agenda. If the information you posted is true, then I guess obama is ashamed of it.
3 people like this
@djbtol (5498)
• United States
1 Nov 10
I was trying to remember, and you might know. Did obama do something that looked like a tax cut early on. I remember at one point they changed the tax withholding tables, but I am not sure when that was. At that time, some people did see more take homepay, but it was a temporary buzz. None of this will matter come 2011. Eliminating the Bush tax cuts is going to result in the biggest tax increase ever. Thank you obama!
3 people like this
@laglen (19782)
• United States
2 Nov 10
I believe the BUTS far outweigh the YESS! Just because you say it, doesnt make it so. He fixed the economy - see? it didnt happen even though he said so. He fixed unemployment - nope, not all better, worse in fact. He fixed health care - LMAO I have nothing to say here. Cash for clunkers stimulation stimulus more bail outs fannie/freddie - why do they even still exist? foreign policy homeland security cap and trade YES WE CAN! pay more
@Lakota12 (42684)
• United States
1 Nov 10
think the buts ned to be looked into deeply and best thing to do is get obamacare out of there and fast plus they should have gave the people more of the stimulas might of helped economy more than all the bailouts. Lets hope this election comes around the way we would like and get some honest people in there that work FOR THE PEOPLE!
2 people like this
• Germany
1 Nov 10
I am a foreigner .... and what I see from the outside this president is following a mission rather than a schedule. Give him another 10 years in power and both US economy as well as US welfare will change to the positive and all the world will benefit. I trust that he is carrying his burden of responisbility better than his predecessors who lead your nation into wars or simply lost the nuclear code for weeks and months.
1 person likes this
• United States
1 Nov 10
Thank God 10 more years for Obama is not possible! If so America, as we know it, would no longer exist.
2 people like this
@djbtol (5498)
• United States
1 Nov 10
The predecessors you mention, especially the Repbulicans, were far better leaders and upheld the honor of the Office of the President. Obama continues making history as the worst president we ever had. We only have to survive two more years.
2 people like this
• United States
3 Nov 10
For what its worth the buts far outweigh the yeses since I would not consider these as yeses. The so called stimulus and bailout projects did not stabilize the economy, it actually made it much more fragile. The National Debt has been quadrupled, and the banks that have been "stabilized" are not providing any loans to anyone for anything because they are afraid of going under again. My children, my grandchildren and my great grandchildren will never have the luxury of owning their own home or having a new car because the middle class has been branded unstable economically. Now why is that? because we have had soaring unemployment for several years and the percentages just don't tell you the whole story. The percentages are doctored so as not to panic the public, but even so any percentage over 3% is bad economically. We are having a serious nosebleed economically and everyone is turning their heads and ignoring it, because it can't happen to the USA. Wake up call number one, we keep giving the rich the power to govern the poor and they don't have a clue as to what it takes for poor people to survive, they just think more money will solve the problem. We got ourselves some Obama care, a health plan that is ambiguous at best and about as easy to navigate as smoke. When I get sick, I want to make the decisions about who and what treatment I will take, I certainly don't want to have to seek an act of Congress to take an aspirin. Health care and health insurance was difficult enough to understand without Obama care making it into total quicksand. I don't see Wall Street as the culprit causing the recession, since very few people can afford to invest money, and smart people know you don't invest in the stock market unless you can afford to lose it. The recession, I think, falls squarely on the banks and their faulty and inept lending practices, which caused small business and mortgage failures to be too excessive. Obama is right delivering change isn't east, especially when the changes just make things worse. And there is more change on the way, something which really makes things worse. Check this link out and see if it doesn't make you angry http://www.govtrack.us/congress/bill.xpd?bill=h111-4646
1 person likes this
• United States
3 Nov 10
Very well said! Thank You!
2 people like this