Forums - General Discussion - Obama loses in the November 2012 election, now what? Hypothetically speaking....

Very little changes, greatest affect is the end of universal health care in the US for a while.



 

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chocoloco said:
darkknightkryta said:
chocoloco said:
O Canada! My home and not so native but new land,

It ain't all roses and sunshine up here either.  Go to South America, they're gonna be the internet capitol of the world soon.

Anything is better than a republican. Heck I would probably just move to the most Liberal country on earth. But I garuntee you Canada is a little more liberal than many red states here. I am holding my response back to avoid a ban.


In many ways, especially the government's role in the economy, Canada has been a far more conservative country than the United States for about 20 years



PDF said:
Very little changes, greatest affect is the end of universal health care in the US for a while.


What universal healthcare would be ended?



HappySqurriel said:
chocoloco said:
darkknightkryta said:
chocoloco said:
O Canada! My home and not so native but new land,

It ain't all roses and sunshine up here either.  Go to South America, they're gonna be the internet capitol of the world soon.

Anything is better than a republican. Heck I would probably just move to the most Liberal country on earth. But I garuntee you Canada is a little more liberal than many red states here. I am holding my response back to avoid a ban.


In many ways, especially the government's role in the economy, Canada has been a far more conservative country than the United States for about 20 years

I do not even think you know what parts of liberalism I like and do not like. Nor do I want your opinion on anything.



chocoloco said:
HappySqurriel said:
chocoloco said:
darkknightkryta said:
chocoloco said:
O Canada! My home and not so native but new land,

It ain't all roses and sunshine up here either.  Go to South America, they're gonna be the internet capitol of the world soon.

Anything is better than a republican. Heck I would probably just move to the most Liberal country on earth. But I garuntee you Canada is a little more liberal than many red states here. I am holding my response back to avoid a ban.


In many ways, especially the government's role in the economy, Canada has been a far more conservative country than the United States for about 20 years

I do not even think you know what parts of liberalism I like and do not like. Nor do I want your opinion on anything.

My comment was not based on opinion at all ...

Lower corporate tax rates, less of a progressive tax system, smaller regulatory burden, weaker unions, smaller deficits, and in many other ways (gun control, hate speech laws, immigration laws) Canada is trending to be a much more conservative country than the United States.



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highwaystar101 said:
About Ron Paul. I find that Ron Paul's integrity is becomes weaker as he becomes more popular. I suppose when you have to appeal to more people you also have to make some concessions.

He would be a great candidate, but a lousy president. That's my opinion.


I think that a lot of Presidents would like to do a lot of things. But that does not always happen, unless you just happen to be Theodore Roosevelt or Franklin Roosevelt.

 

I do not think that Ron Paul has what it takes to make things happen. But it is the thought that counts. Just not in an election.



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HappySqurriel said:
PDF said:
Very little changes, greatest affect is the end of universal health care in the US for a while.


What universal healthcare would be ended?

Could he be talking about the one Obama has been trying to get started for 2 years now or so?



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HappySqurriel said:

1) I don't know where you are getting your information from but I suspect it is from the mainstream media rather than financial news sources. There is a very high probability that Portugal, Italy, Greece and Spain will default this year which will have cascading effects throughout the European economy and, being that the worldwide financial markets are connected and Europe as a region represents the United States largest trading partner, the United States.

Even if that doesn't happen, last years "Arab Spring" has created massive instability throughout the Middle East. There is a significant probability that this instability could translate into a series of events which results in the disruption of the production or distribution of oil causing significant increases. With how $120+ oil/barrel impacts people's disposable income and company’s bottom lines, any major price increase of oil will have a dramatic impact on unemployment.

Beyond that, many states are nearly bankrupt and they're probably going to need to increase taxes and cut spending to avoid default this year; which will have a significant impact on unemployment throughout the United States.

When you factor in everything, it is almost equal the likelihood that the economy will improve, stay the same or get worse with a small "advantage" to getting worse. Certainly, the mainstream media has been talking about how great this year will be, but they have been cheerleading for the administration and a recovery since mid 2009.

 

2) People do feel inflation but, with how much money is in circulation currently, it is possible that any "recovery" will be associated with much higher inflation. While the Federal Reserve could increase interest rates this would have a significant impact to any "recovery".

 

 

 

Now, whether any of the Republicans could do any better is largely irrelevant when it comes to the election results. The presidency will be won or lost based on a handful of swing voters in a handful of swing states; which happen to be some of the states with the highest unemployment rates and slowest economic growth rates. If the economy gets worse, these swing voters will likely vote against Obama regardless of who his opponent is.

1. If anything the only countries where unemployment rates would take a major hit due to a defaulted Italy would be those in the Eurozone. A rapid rise in oil prices due to any unexpected events will be bad for the economy, but like you said there is equal chance of those events not happening..I would like to be more optimistic and have more faith in the robustness of the US economy, especially after experiencing major hits in the last couple months of this recessionary period.

Yes, mainstream media get their sources from thin air. They dont have access to financial resources or info.

2. How much of an impact a increased interest rate will be on recovery is to any ones guess.

I would like to think that these swing voters are not that naive. I agree with you that the economy will have the most impact on Obama's chances of reelection, but I am more optomistic on the economy and I believe the current republican lineup is weak.



darkknightkryta said:
chocoloco said:
O Canada! My home and not so native but new land,

It ain't all roses and sunshine up here either.  Go to South America, they're gonna be the internet capitol of the world soon.

What do you mean by that?



spurgeonryan said:
HappySqurriel said:
PDF said:
Very little changes, greatest affect is the end of universal health care in the US for a while.


What universal healthcare would be ended?

Could he be talking about the one Obama has been trying to get started for 2 years now or so?


Forcing people to buy insurance from private companies is not universal health care, it is one of the most abusive examples of crony capitalism that has occurred in my lifetime though.