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SecondWar said:
Flanneryaug said:
BenVTrigger said:
Nah its not and Im not sayin Mitt is the best choice either

But I dont see how anyone defends Obama anymore. The mans a failed president, the worst in my lifetime, and is leading the slowest recovery in US history.

Im not even a big Romney supporter at all but Obama is beyond awful

The worst in your lifetime? Are you less than 4 years old? lol

Saying Obama is a failed president is just not accurate. In 4 years, with massive republican obstruction, he still got all of this done:

  • Stopped the economy from going into a depression
  • Passed Wall St reform
  • Saved the auto industry
  • Created 5 million jobs
  • Ended the war in Iraq(and ending the war in Afghanistan, though I think it should end now)
  • Got Bin Laden
  • Repealed DADT
  • Passed healthcare reform
  • Unemployment rate down to 7.8%
If you want to support Mitt Romney, thats fine. I don't agree with everything Obama supports or has done either.

Am I correct in saying that (like with the banks) many republicans opposed the auto industry bailout or criticised it after it happened? If nothing had been done the knock-on effect (espcially in the short-term) would have been horrific. Thousands (hundred of thousands to millions? not too sure how many exactly the american big 3 employs). The chain reaction on other industry and the rest of the economy as a whole as all of those workers became jobless would have pretty much sent the US into a depression.

its true that republicans did oppose the auto bailout.  However, to be fair, the bailout is not what saved the auto industry, the managed bankruptcy's that they went through is what saved them, and republicans just wanted them to go through that first.

You see, the Auto companies were over leveraged and in toxic amounts of debt.  The Bankruptcies helped them remove the toxic parts of the companies so that they could be leaner and more able companies.  

The bailouts may have saved some jobs (not many) in the short term, but honestly, once the companies had gone through the bankruptcies they could have hired employees back if needed.