2016 Postmortem
In reply to the discussion: Ohhhh now Hillary is the big bad wolf.. [View all]Lns.Lns
(99 posts)at least for thinking people. The reason the house was lost was because people were afraid. People in general do not understand how economies work. It can take years for a policy to have an impact, both pro and con. People were losing homes, jobs, property values, retirement value and so on. They wanted someone like Obama but were more afraid of losing everything even though the steps he took did save the economy. They did not know that at the time. It is like the devil you know when you don't understand how things really work. Couple that with Citizen's United and that is why 2010 was lost. It was a long term strategy on the Reps part and if you are really a Dem, then you are the type that loses us elections by being so negative that people listen and get turned off. It is ok to work for change, it is different when you sabotage.
The reason FDR was so successful in reigning things in was because we were in the depths of a great depression when he took over, much like the 2010 chance the Reps got. They just don't know how to do anything but destroy so it doesn't last. It is hard to prove a counter factual. There were probably a few ways to go in putting into motion those things that kept us from the type of economy that the great depression wrought. The one he took was the safest, but the most unfair. Would you have taken the chance that another strategy might not work or the sure thing when millions of people rely on you? I may not like, but I understand.
It is easy to sit on a perch somewhere when you do not have the responsibility and the reality of situations. How to bend that curve for all situations that you believe in while the peanut gallery sits and boos. If you had perspective, you would realize where we were, not only economically, but socially when he took over and where we are now.
I am not defending corporations, they need to be downsized. First, the banks though since they are the ones that are most dangerous. I have a whole list, however we have to win elections in order to work on them. Dodd Frank, with the right regulators can get there. If the Reps take over and still don't have enough votes to overturn it, they will appoint weak regulators and then it is off to the races toward the next inevitable crash. With your attitude, I suggest you start saving big time.
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