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Politics : President Barack Obama
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To: RetiredNow who wrote (144314)7/11/2014 10:34:28 AM
From: Wharf Rat  Read Replies (3) of 149317
 
"Keynesianism is destroying the 99%. "

That is a totally wrong statement, unsupported by any evidence at all. It's just something debt scolds like to mumble when all else fails. Lack of Keynesianism isn't being too helpful, tho.

"If I was in Congress, I would be resisting Obama's economic policies as well"

So would I; 34 years of Raygunomics is enuf. It's time to quit trying to make R's happy and go New Deal.

"Why do you think Senator Warren is so vocal...and she's a Democrat? "

She is a New Deal Democrat and Obama is a Raygun Republican.

I wouldn't say QE is good for us; just that no QE would have been bad. That's what happens when the Fed has to do all the lifting in the absence of a functional congress. Absent a few jobs programs, we're stuck with them doing the only thing they can.
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