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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1047824)1/12/2018 3:49:14 PM
From: RetiredNow  Read Replies (1) | Respond to of 1571936
 
Hard to sabotage the economy when the Fed had the pedal to the medal on monetary stimulus using ZIRP and QE. In fact, I distinctly remember they floored the QE pedal one month prior to the 2nd term election of Obama. Worked like a charm, as his approval numbers went up that month and then he beat Romney.

The biggest disappointment for me with Obama was not so much the economy during his 8 years, but rather, his pivot to solving health care. He really became a lackey of Hillary's when he did that. Obamacare will go down in history as the worst attempt at solving health care ever. It's one of the factors that is killing the middle class. My own bill doubled from last year thanks to Obamacare, but I can afford it. The people who make too much to get a subsidy, but don't make enough to get ahead on savings for retirement and other life necessities are just getting walloped.