Originally Posted by Kaylore
Trillions of dollars later, unemployment is higher than when Obama took office.
Obama's answer? Clean energy and teachers.
The guy has no clue whatsoever. He did what all his minions from academia told him to do. It didn't work and they left the white house staff. Now he's back to wind farms and class sizes.
What a freaking joke.
higher than the day he took office. The fact of his being sworn in obviously had no effect on the economy. What did have an influence was policy he enacted soon after being in office. Unemployment has been reversing course since almost exactly after the stimulus was passed
. And green energy is outpacing most of the economy
in this growth.
The truth is, no matter who is elected, they are going to be handed an economy that is on the rebound. Romney talks about creating 12 million new jobs, but that's likely coming to whoever wins...because Obama took action early on with the stimulus to keep the economy from going into the abyss. His handling of the economy was far from perfect but it went well beyond what McCain, who was clearly lost and out of his depth the moment the economy crashed, likely would have enacted (considering Obama's stimulus was considered aggressive at the time—before we knew the true magnitude of the recession—it is truly frightening to think where we would be under a McCain presidency). It would be a bitter irony for Romney to reap the political benefit of a recovering economy after opposing the measures that got us here.
The other thing you are missing here when you laugh off "clean energy and teachers" is that when attacking a true recession, which will linger for years, you aim part of the stimulus at imminent job loss (as the Recover Act did in helping underfunded states keep from laying off thousands of people by giving them money right away) and another part at longer term investments (energy, education).
If you have a clear idea of how a Republican executive branch would have approached 09-12 differently and more successfully, please let me know. Because from where I sit, we are in much better shape than the nations (Greece, Spain) that enacted austerity in response to this crisis.