spaceguy said:
mrstickball said:
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- Repealed DADT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.
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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.
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Not all of the Big 3 accepted the bailouts. Ford didn't take a dime. Then, you have all of the other manufacturers that weren't Chrysler or GM, and they didn't get money, either.
Rather than allow them to reorganize and re-negotiate with the unions, they simply threw money at them. If they went bankrupt, the jobs could have been saved still after reorganization.
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Ford got bailed out before them. http://www.businessinsider.com/ford-was-bailed-out-too-2010-11
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Huh? Did you read the article or just copy a link to the first google result that said ford bailout? Ford did not receive a bailout. The article argues that Ford benefited from the downstream effects on suppliers that were also prevented from going in to bankruptcy. I would argue against that as Ford's suppliers would have adjusted production accordingly and a proper bankruptcy and reorganization of GM/Ford would have kept them in business anyway. Either way Ford did not receive a bailout package out of the Obama auto-bailout.
