Is it the government's job to fix the economy?

iVillage Member
Registered: 07-11-2006
Is it the government's job to fix the economy?
628
Mon, 09-12-2011 - 9:21am

Do you think this controversy will play a role in the upcoming election?

WASHINGTON (AP) — The economy needs to be fixed. On this, Democrats and Republicans agree. They part ways over how to do it and, specifically, what role the federal government should play.

"Ultimately," President Barack Obama tells Congress, "our recovery will be driven not by Washington, but by our businesses and our workers. But we can help." His argument that government has a responsibility to do so probably doesn't sit well with an America that's down on Washington.

Texas Gov. Rick Perry, former Massachusetts Gov. Mitt Romney and other Republicans competing for his job take a different tack as they court a tea party-infused GOP electorate: The economy will thrive, they say, if Washington simply gets out of the way. As Perry puts it: "Smaller government, less spending, fewer regulations.At the heart of the 2012 presidential race is an issue as old as the country itself."

Is it the federal government's responsibility to address what ails the nation, in this case the economy? And if so, to what degree? What is the right balance?

More:

http://news.yahoo.com/analysis-governments-role-fix-economy-072531745.html

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iVillage Member
Registered: 05-05-2009
"Herman Cain (to whom I assume you are referring as "quite possibly a true capitalist genius") has a right to his beliefs but fiscal success doesn't necessarily translate as "genius". Moreover, leading a business endeavor, however profitable, is not the same thing as leading a democratic country. Does seem to be an ongoing problem with conservatives assuming that models of business are analogous to models of government. "
There is an ongoing problem with liberals that assumes an ability to read a teleprompter is evidence of intelligence. I would love to watch a debate between Obama and Cain. I dare say real world experience in the private sector by a man that has actually made something of himself, by himself; would put the coddled and promoted POTUS to shame.
"HOW dismantling those "costly" regulations will affect the sectors being monitored. Damned by faint evidence........?"
http://online.wsj.com/article/SB10001424052970204226204576602524023932438.html
or,
http://spectator.org/archives/2011/10/03/clean-airs-dirty-residue

In the interest of time, I only use quick reply, but thanks for the tip on spell check.
iVillage Member
Registered: 03-03-2009

The jibe about the teleprompter is pointless.

Jabberwocka

iVillage Member
Registered: 05-05-2009
"The jibe about the teleprompter is pointless. Obama uses one but has also shown that he is quite capable of speaking extemporaneously."
Yes, intercontinental railroad, corpsemen, I don;t speak Austrian, ummmmmmm errrrrrr, ehhh. Yep beautiful, extemporaneous speech.
Obama is a coddled, ideologue that was pushed and promoted with nothing backing his ascendency, other than his story many rich poweful leftists.
Mr. Hamm is my hero. A self made man that isn't so ignorant as to believe that we can power this country on solar and wind. Tell me about the destruction of the environment in North Dakota and Montana, anything that has happened, is minor compared to the 100% collapse of our economy under a far left green economy that the green leftists promote.
I know abou the Bakken Formation, in many ways it is important to me and I am of the belief that I have better information than a 3 year old snopes debunking.
Obama is a failure, an epic failure.
http://www.weeklystandard.com/articles/overrated_594676.html?nopager=1
iVillage Member
Registered: 03-03-2009

Your post might have more impact if you had thought to provide links (besides the Weekly Standard which is and always has been biased and exceedingly partisan).

No names of the rich powerful left who coddled and pampered Obama?

Jabberwocka

iVillage Member
Registered: 09-30-2011

The Democrats caused the problem, so "yes"...it's their responsibility to fix it.

iVillage Member
Registered: 03-03-2009
About that last clause. They're the ones who wrecked the economy in the first place. TARP started under Bush. He ran up major war and Medicare debt while cutting taxes. The housing market started its tumble long before Obama took office in January 2009. Maybe you forgot, but I have not.

Jabberwocka

iVillage Member
Registered: 07-11-2006

The Democrats caused the problem,

iVillage Member
Registered: 09-30-2011

Warren probably had to rush home and shower right after just to try and wash some of the lies and hypocrisy off.

iVillage Member
Registered: 09-30-2011

It's more than a little amusing, the argument that Cain has "made something of himself", as opposed to the characterization of Obama as "coddled and promoted".

Obama was raised by a single mother who certainly had no wherewithal to give her son anything more than encouragement and her philosophies of life.

iVillage Member
Registered: 09-30-2011

No names of the rich powerful left who coddled and pampered Obama?

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