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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (6344)	3/13/2009 3:58:20 PM
From: i-node	2 Recommendations Respond to of 42652

Yeah, all the Repubs are blaming Obama for the stock market crash. Here's a tidbit you might enjoy... I really don't seriously think Obama "caused" it. But I also don't think he's doing the right things to help the situation. I think he features himself as the next FDR with the next New Deal, and the reality is that the New Deal hinders, not helps, an ailing economy. Adding a bunch of free health care, talking about ripping the guts our of existing health care system, etc., are just variations on the them of socialism right out of the FDR playbook. What we need now is a tightening of the federal belt along with tax cuts and any stimulus, which you know we're going to get, should be targeted. This was the scattergun approach.

To: John Koligman who wrote (6344)	3/13/2009 4:07:20 PM
From: TimF	Respond to of 42652

OT Do I think BUSH had anything to do with this? No. Do I think Obama has anything to do with the current drop? No. I wouldn't say that either had NOTHING to do with the respective drop, certainly at least I wouldn't say that the idea is solid or established that they had nothing to do with it. BUT I do think "the market's gone down", is weak as an argument for "this president's policies, messed up/are messing up, the economy. Both for the general reasons I and Lane have been talking about in terms of observational studies rather than controlled experiments, and also for the specific reason that markets have many, often complex, and to an extent unknowable reasons behind their moves. Presidents frequently get too much credit or blame for what happens when they are president.