If there is an American who had been following very well the rise and fall of this country's economy will understand that it is not Obama or W Bush mistake but it is the cost of being a superpower. The only way out of this once and for all his to choose between losing that power and increase local politics.
There is politics locally and internationally. to government local politics matters when it comes to elections time. countries like the United States foreign affairs and international politics matter than local politics. International competition is what keeps a country on power in the world. Trying to control world competition make this country at the brisk of destruction. When such countries try to buy favor and respect in the international politics they spend a lot of money and a small amount of money is left behind to be use for local development. The think isn't for Obama to change the economy , but the biggest question is to American accepting to lose their influence in the world or not. I wish there could be a vote for that. It is very difficult to rule a country which is a superpower and much more in era such as this one where more and more nations are coming up so fast and strongly.
In a certain amount of time almost all the power will drop from where there are and replaced but other new one. It won't happened overnight but it will happen with time since competition will grow up and many of those superpower will get exhausted before end. Then the competition will end and there will be balance of power in the world and the whole world will unite for a common welfare of the world and create a unique government control the world.
I don't think that people expect the impossible from the government. The U.S. government leaded by the Bush administration is at fault. We mustn't forget that Clinton delivered an healthy economy to Bush's hands.
Most of the world experience the same crisis therefore we can assume that it is linked to a common denominator. The only countries that are thriving are the ones that adopted a new model of economy.
It is a fallacy to believe that competition does exist. If it did, the Western world wouldn't impose their prices, taxes... to the African, Southern American continents.
Clinton handed Bush a ticking time bomb whose fuse had been lit during Carter's Admin and the powder piled on since. Both sides, the Progressive Right and the Socialist Democrat Left, are at fault. There was no surplus under Clinton, only a projected surplus on paper, which is BS. Like the talk in Wash of cutting spending... none of them are being honest. When they talk of cutting spending they are talking about 'projected" spending out over decades. What a bunch of loosers... and Americans simply fall for it over and over.
Run them all out of Wash.
I absolutely think we expect a lot from our government but I also think that's the nature of democracy. We are supposed to think, question and debate. When we stop thinking, questioning and debating, we stop operating as an effective free republic.
The actual problem isn't inherent to the government but to any obstacles that strive against it i.e. congress. It is a thorn to the progression of an equitable society, of a possible reformation.
Can we really attribute a failed economy, measures to Obama? Congress has a Republican majority. Who influences congress and therefore a bill to become a law? Lobbies. What makes one's lobby interests prevail over another? More money.
Obama had complete rule for two years, and we would be ruined had the "No Compromise" revolution not taken place.
Jimmy Carter, Affordable Housing Act, Liberal Socialist Democrats, Bill Clinton, Socialized home ownership, incompetent buyers, liars on apps, Securitized junk mortgages curtesy of the Socialist Democrats Fannie Mea and Freddy Mac, and the Progressives on the right under-cutting every conservative attempt to riegn in the BS.
Just to name a few of the causes.
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