Obama and the Democrats saved the economy!It saved the economy. Because to have all those people who had jobs and spent money supported the economy. If we cut out the people's ability to buy things the economy would have had a much harder time recovering.
So paying unemployment for so long means the economy recovered faster.
People spending money = economic recovery
People not spending money = slower recovery
Remember we lost millions of jobs not thousands of jobs.
Politicians have nothing to do with the economy, its all about the Federal reserve and its policies.It's a classic blunder due to our indoctrination that we fail to see our Economic Government.
We blame the economic issues on the the legal Government when it's a private bank, Federal Reserve, that is the Economic Government that is to blame for prices.
Good to see everyone is aware there is a problem.. That is a Start.
The Republicans are responsible for the bad economy, their bad decisions in the past haunt us now and are the root of the problem.It was Republicans that pushed to have spending limits removed. So blaming someone running for office now who needs hundreds of millions if not a billion dollars to run for office such as President is silly.
You sure aren't very consistent Ernie! I think you haven't really thought about your answers. Watching the Zeitgeist movies got you clued in, but you never took it any further, now you just post nonsense on anything economics related. If the fed controls the economy and politicians don't really have any say, then how can one save the economy and the other ruin the economy if they have no power to do so in the first place?
In the end it is CONGRESS who spends all the money, the Fed enables the Congress to Spend far more than they have. In turn this deficit is payed by the citizen through the hidden tax of inflation. Taking from one to give to another only costs MORE for everyone, because in the process of taking and giving Government has to skim a little off the top to provide for itself. Government itself does not provide anything, they just are the middleman and just cause innefficiency.