Obama new quotes on fixing the economy

Jump to Last Post 1-3 of 3 discussions (6 posts)
  1. American View profile image60
    American Viewposted 12 years ago

    Today I have heard it all. Obama said he can fix the economy and"could show us how on the back of an envolope".  I hope it is a big envelope.  He claims there will be "small cuts in programs that do not work"  Well, if the programs do not work, instead of making small cuts how about eliminating the programs that do not work. Seems logical, Or am I wrong about that?

    Ok I just realized that my envelope comment was a bit sacastic. After all, the Gettysberg address was written on a napkin.

    1. profile image0
      erikjohnsonposted 12 years agoin reply to this

      He has a lot of work to do.  I dont care what he writes it on just as long as he has a plan and it works.  He is also fighting for re-election so he needs to do something extreme.

    2. Repairguy47 profile image60
      Repairguy47posted 12 years agoin reply to this

      He said he had a plan in 2008 is he admitting his previous plan didn't work? Please tell me he doesn't have another plan, his help is killing us.

  2. habee profile image92
    habeeposted 12 years ago

    If the POTUS has this knowledge, when are we going to put it to good use? And why aren't we using it already? I'm not an economist, but I find it hard to believe it's simple enough to fit on an envelope. Heck, even the so-called economic experts can't all agree on how to "fix" the economy.

    1. American View profile image60
      American Viewposted 12 years agoin reply to this


      That is the question. Thing is Obama does not know what to do. Mark my words, his new plan will be just like the last failed one. He will propose another stimulus and that will fail too. Histroy shows they do not work. Even at best, they are only temporary. We need long term sustainable growth.
      Economists cannot agree and that is true. mainly because they stick to their ideoloigies. I have writthen several hubs here, multiple blogs elsewhere outlining w ay back. Despite everyone claiming there is no where to trim the budget. I showed that with only looking at a few items of the thousands in a budget, I could save 5.06 Trillion dollars over 10 years without touching SS, Medicare, Medicaid or defense. imagine what can be found if we truly went through the budget line by line. Imagine what kinds of revenue we can raise by redoing the tax codes. I wrote on one idea, there are several others besides mine like a flat or fair tax. I do not agree with them, but at least there are ideas. Those ideas do not raise any more revenues than we do today unless you raise taxes. My proposal can raise revenues and actually lower your taxes.
      Point is there are steps that can be taken. Problem is both parties have ideas they will not stray from and they all cost us.

  3. knolyourself profile image60
    knolyourselfposted 12 years ago

    In order for the world to buy oil in dollars the
    world has to sell stuff in the US to get those dollars.They produce stuff cheaper driving American industries off-shore. The US no longer has the dollars to buy all those products other countries need to buy oil. But the empire must have a plan.
    They print the money.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)