Can You Imagine How Badly It Might Have Gone If Trump* Had Been Elected In 2008?

PoliTalker said:
Hello Celticguy,



Because you have a predetermined result that you want to see as the outcome. You begin by establishing an absolute: 'conservative solutions are always best.' Then you search for facts which support that, rejecting all others which do not.
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The results are historical fact.
Quit whike youre behind.
 
Hello Celticguy,

Celticguy said:
The results are historical fact.
Click to expand...

The results may be historical fact but all of your 'what ifs' are subjective.

Imaginary, so to speak. 'If this (thing that didn't happen) then (result that didn't happen.)

Also, austerity was tried in Greece after the Great Recession. It didn't work.

Later, they gave up on that and tried more borrowing and increased social programs. That did work.

Just like it did in the USA.
 
PoliTalker said:
Hello Celticguy,



The results may be historical fact but all of your 'what ifs' are subjective.

Imaginary, so to speak. 'If this (thing that didn't happen) then (result that didn't happen.)

Also, austerity was tried in Greece after the Great Recession. It didn't work.

Later, they gave up on that and tried more borrowing and increased social programs. That did work.

Just like it did in the USA.
Click to expand...

The two approaches (keyesian and everything else) are 100% consistant.
Quit while you are behind.
 
PoliTalker said:
Hello Celticguy,



The results may be historical fact but all of your 'what ifs' are subjective.

Imaginary, so to speak. 'If this (thing that didn't happen) then (result that didn't happen.)

Also, austerity was tried in Greece after the Great Recession. It didn't work.

Later, they gave up on that and tried more borrowing and increased social programs. That did work.

Just like it did in the USA.
Click to expand...

You mean like "If Trump* Had Been Elected In 2008"??
 
PoliTalker said:
Hello Woko Haram,



Actually it appears that what Obama did was the correct approach. Republicans objected to the stimulus and prevented it from being larger. Had it been larger it would have been even more effective that it already was. I do appreciate hearing the conservative perspective about how to correct the economy after capitalism has failed, but any such speculation is subjective and cannot be proved.
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So corporate welfare is the answer? I never thought I'd expect the left to support that, but I have noticed their tendency to change positions on things if Obama did it.
 
Woko Haram said:
So corporate welfare is the answer? I never thought I'd expect the left to support that, but I have noticed their tendency to change positions on things if Obama did it.
Click to expand...

Worse than that. The government bailed out the bankers who caused the crash. But there was no way he could have nationalized the banks, which was the long-term answer. We had to have a functioning banking system, so Obama signed on to a very unfair position. He made the banks solvent and the bankers whole.
If Trump was in charge there is no telling what stupid things he would have done. Trump walked in with zero knowledge and no tact. If it was 2008, it would have been a mess.
 
PoliTalker said:
Just think of it. The economy was in dark ominous trouble, teetering on the edge of a great cliff, poised to either be saved by responsible stewardship or be sent hurtling into the deep deep abyss of total systemic collapse.

The seriousness of the situation could hardly be overstated.

We were saved.

President Obama skillfully guided us through an amazing recovery no one thought possible during 2009. He brought us back from the brink. We owe him the ultimate debt of gratitude. None of the successes of late would be possible without President Obama's wise and mature leadership.

The stimulus totally worked. It would have worked far better and faster had it been greater. Twice the size would have been most excellent, we can now see in hindsight. That was the time to run a big deficit. The economy needed it, desperately needed the kick start. America needed it.

Times were very tough. Many had already been thrown into bankruptcy and ruin. Lost homes, lost equity, lost jobs, lost everything.

We were so lucky to have such a skilled and patient hand to lead us back from near desolation. Trump would never have done that. Not a chance. It would have been wrong, wrong, wrong austerity all the way.

We faced a depression. We really did. We were so close it was scary. Most people have no idea just how bad it was.

Can you imagine what would have happened if irresponsible 'You all just got a lot richer' Trump* had been elected then?

With all his misplaced immigrant hatred and trade wars?

It could have been the new dark ages.

Good thing we had the master Obama Presidency to rebuild before 'The Apprentice' came waltzing down the golden plastic escalator.

*Really* good thing.
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bailing out banks and quantitative easing are both shameful, ya tard. fuck obama. how do you like them apples?
 
the banks caused the housing bubble and the collapse, by shirking due diligence in giving loans, then securitizing these bad loans they KNEW WERE BAD. then they got made whole by the tarp, while everyone else got fucked. are you stupid, politalker?
 
Nordberg said:
Worse than that. The government bailed out the bankers who caused the crash. But there was no way he could have nationalized the banks, which was the long-term answer. We had to have a functioning banking system, so Obama signed on to a very unfair position. He made the banks solvent and the bankers whole.
If Trump was in charge there is no telling what stupid things he would have done. Trump walked in with zero knowledge and no tact. If it was 2008, it would have been a mess.
Click to expand...

The answer is to have let the banks take the fall. Yes, the short run would have been very rough, but it would send the message that any risks taken by Wall Street would be handled by the market alone.

We now have a situation where another crash will happen, and Wall Street has no reason to think they won't be bailed out again.
 
Woko Haram said:
The answer is to have let the banks take the fall. Yes, the short run would have been very rough, but it would send the message that any risks taken by Wall Street would be handled by the market alone.

We now have a situation where another crash will happen, and Wall Street has no reason to think they won't be bailed out again.
Click to expand...

That is no answer. Banks are needed. There were banks closing by the shit ton in 2008. You figure out what would have happened if we let them go. It is easy to be a tough guy when you are not responsible like Obama was. He had to fix it and reluctantly did what was required.
The problem is once it was over, the bankers went straight to lobbying and pressure to weaken the new banking laws. That keeps us still vulnerable.
They have too much money and power to be tamed.
The market was crashed too. It was in no position to do anything.
 
Hello Woko Haram,

Woko Haram said:
So corporate welfare is the answer? I never thought I'd expect the left to support that, but I have noticed their tendency to change positions on things if Obama did it.
Click to expand...

President Obama was a mixed bag, not the liberal the right painted him to be. He was way too cozy with Wall Street Big Bankers. Some business efforts should certainly be both encouraged and supported by government.
 
Hello Nordberg,

Nordberg said:
Worse than that. The government bailed out the bankers who caused the crash. But there was no way he could have nationalized the banks, which was the long-term answer. We had to have a functioning banking system, so Obama signed on to a very unfair position. He made the banks solvent and the bankers whole.
If Trump was in charge there is no telling what stupid things he would have done. Trump walked in with zero knowledge and no tact. If it was 2008, it would have been a mess.
Click to expand...

The USPS should offer basic banking services.
 
Hello Woko Haram,

Woko Haram said:
The answer is to have let the banks take the fall. Yes, the short run would have been very rough, but it would send the message that any risks taken by Wall Street would be handled by the market alone.

We now have a situation where another crash will happen, and Wall Street has no reason to think they won't be bailed out again.
Click to expand...

We won't have another crash like that if progressives get their way and increase Wall Street regulation.
 
Nordberg said:
That is no answer. Banks are needed. There were banks closing by the shit ton in 2008. You figure out what would have happened if we let them go. It is easy to be a tough guy when you are not responsible like Obama was. He had to fix it and reluctantly did what was required.
The problem is once it was over, the bankers went straight to lobbying and pressure to weaken the new banking laws. That keeps us still vulnerable.
They have too much money and power to be tamed.
The market was crashed too. It was in no position to do anything.
Click to expand...

right. we must have banker totalitarianism. you're a fraud.
 
Most people do not understand how serious the situation was in the crash which led to the Great Recession. If the government did not take steps to stabilize the market, if the government let the large institutions fail, the chain reaction would have been far more devastating. The small businesses which depended on the big ones would have also fallen. Millions would be thrown out of work. Revenue would have fallen even lower than it already did. We could very easily have slipped into a world wide depression.

There WAS no easy fix.

That's how bad capitalism without proper government regulation imploded.
 
PoliTalker said:
Most people do not understand how serious the situation was in the crash which led to the Great Recession. If the government did not take steps to stabilize the market, if the government let the large institutions fail, the chain reaction would have been far more devastating. The small businesses which depended on the big ones would have also fallen. Millions would be thrown out of work. Revenue would have fallen even lower than it already did. We could very easily have slipped into a world wide depression.

There WAS no easy fix.

That's how bad capitalism without proper government regulation imploded.
Click to expand...

the banks should have been allowed to fail. new banks would pop up, who didn't suck as much.

you're attitude on this reveals your true idiocy and core elitism.
 
PoliTalker said:
Just think of it. The economy was in dark ominous trouble, teetering on the edge of a great cliff, poised to either be saved by responsible stewardship or be sent hurtling into the deep deep abyss of total systemic collapse.

The seriousness of the situation could hardly be overstated.

We were saved.

President Obama skillfully guided us through an amazing recovery no one thought possible during 2009. He brought us back from the brink. We owe him the ultimate debt of gratitude. None of the successes of late would be possible without President Obama's wise and mature leadership.

The stimulus totally worked. It would have worked far better and faster had it been greater. Twice the size would have been most excellent, we can now see in hindsight. That was the time to run a big deficit. The economy needed it, desperately needed the kick start. America needed it.

Times were very tough. Many had already been thrown into bankruptcy and ruin. Lost homes, lost equity, lost jobs, lost everything.

We were so lucky to have such a skilled and patient hand to lead us back from near desolation. Trump would never have done that. Not a chance. It would have been wrong, wrong, wrong austerity all the way.

We faced a depression. We really did. We were so close it was scary. Most people have no idea just how bad it was.

Can you imagine what would have happened if irresponsible 'You all just got a lot richer' Trump* had been elected then?

With all his misplaced immigrant hatred and trade wars?

It could have been the new dark ages.

Good thing we had the master Obama Presidency to rebuild before 'The Apprentice' came waltzing down the golden plastic escalator.

*Really* good thing.
Click to expand...

This PoilTalker post is a world class example of hyper partisan misinformation, severely flawed rhetorical propaganda and unfounded hatred and jealousy of a United States President, (Trump), and a cultist religious lie-fest favorable to one of America’s worst Presidents, (Obama.)

Barrack Obama simply took over and continued the flawed and ignorant policies of another flawed and ignorant President G.W. Bush of government bailouts for the crooked and incompetent big corporate bankers on the taxpayer’s dime and thereby nearly doubled the national debt. Obama also delivered up an unconstitutional ACA, aka Obamacare modeled on the neo-conservative Heritage Foundation’s plan instituted in Massachusetts by an incompetent neo-conservative RINO Governor George Romney known as Romneycare, thus, removing millions of dollars from the unconstitutional instituted Medicare program to bolster the other unconstitutional instituted program Medicaid, thereby taking from the senior’s unconstitutional program to give to the unconstitutional and corrupt Medicaid program. Millions of Americans lost their private insurance, the unconstitutional food stamp program grew by record amounts of new recipients and America suffered through 8 years of the slowest growth in decades.

To boot, we’re now just discovering the extent of the corruption inside of the Obama administration’s DOJ, FBI and intelligence agencies and the deep state’s attempted coup-de-qua to frame Donald J. Trump of a non-existing crime and overthrow the duly elected President Trump. Evidence has been uncovered by emails of FBI personal proclaiming that Obama himself wanted to be kept advised of how the coup-de-qua was progressing.

In accord with all evidence available to any and all honest folk to this point, the only sane and honest opinion of the Obama administration has to be, Obama operated the most incompetent and corrupt Presidency in America’s history!
 
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