"Readers can cite the long list of errors made by Obama since his election, I'll agree with many of their criticisms, but the reality is that absent egregious errors of George W. Bush's own making, there's no President Obama today. Republicans can wail that they don't recognize what the U.S. has become (funny because Obama extended the Bush tax cuts, followed Bush's lead on the bailouts and nosebleed spending,
reappointed Bush's Fed appointee in Ben Bernanke, and doubled down on Bush's weak dollar policies), but the reality is that policies given us by admittedly clueless Republicans gave us Obama. Of course in doubling
down on Bush's policies of dollar debasement, heavy spending and bailouts, along with his own personal disaster in the form of Obamacare, President Obama was disciplined by an all-knowing electorate.
"Unbeknownst to Obama, Bush handed him the opportunity of a lifetime in the form of an economy that was on its back. Here it can't be stressed enough that when economies are recessing, they are healing themselves.
"The greater the downturn the greater the recovery, and that's the case because the greater the downturn, the more the healing that is occurring. If Obama had sat back and done nothing upon arrival in Washington, he would today be presiding over a nice recovery. And then if he'd sat back and done nothing while adopting Reagan/Clinton dollar policies, he'd be presiding over the kind of boom that would have him on the verge of a Reagan style victory circa 1984."
http://www.forbes.com/sites/johntamny/2012/09/16/jude-wanniskis-electora
l-model-points-to-a-slim-romney-victory/3/
Interesting speculation, but I wonder if "doing nothing" and reversing the soft dollar policy would have been enough.
reappointed Bush's Fed appointee in Ben Bernanke, and doubled down on Bush's weak dollar policies), but the reality is that policies given us by admittedly clueless Republicans gave us Obama. Of course in doubling
down on Bush's policies of dollar debasement, heavy spending and bailouts, along with his own personal disaster in the form of Obamacare, President Obama was disciplined by an all-knowing electorate.
"Unbeknownst to Obama, Bush handed him the opportunity of a lifetime in the form of an economy that was on its back. Here it can't be stressed enough that when economies are recessing, they are healing themselves.
"The greater the downturn the greater the recovery, and that's the case because the greater the downturn, the more the healing that is occurring. If Obama had sat back and done nothing upon arrival in Washington, he would today be presiding over a nice recovery. And then if he'd sat back and done nothing while adopting Reagan/Clinton dollar policies, he'd be presiding over the kind of boom that would have him on the verge of a Reagan style victory circa 1984."
http://www.forbes.com/sites/johntamny/2012/09/16/jude-wanniskis-electora
l-model-points-to-a-slim-romney-victory/3/
Interesting speculation, but I wonder if "doing nothing" and reversing the soft dollar policy would have been enough.
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