Quote:
Originally Posted by Nascar1966
I cant believe my eyes. Your talking bad about Obama. If Clinton or Eisenhower was President I have no doubt unemployment would be alot lower. Im also sure this country would be in better shape economically.
|
Umm...your post here is way off the mark. I wasn't "talking bad about Obama" in this post. I was being sarcastic, although I have frequently criticized the administration on other topics.
If you honestly believe that a different president taking over in 2009 would have had a significant effect on employment, you are even more clueless than I thought. Whether Sarah Palin, Bill Clinton, Dwight Eisenhower, Newt Gingrich, PG85, or J. M. Keynes had taken over in January 2009, the unemployment rate would be about the same.
Unemployment would probably be a tiny bit higher if an anti-stimulus president had taken office (although the budget defecit would obviously be smaller) but the statistical difference would almost certainly be marginal.
Executive decisions can have some effect on the national economy's long-term trajectory, but the idea that any single person can have a dramatic effect on the unemployment number in the span of a couple years is completely incorrect.