Quote:
Originally Posted by Tyrone Slothrop
I understand that you don't wish him well, but what does Obama's leadership have to do with the economy? Industrialized economies are all suffering from a financial crisis. There seems to be broad agreement that there isn't much that Obama could do to fix our problems, and that Republicans on the Hill (inter alia) would block many measures. The people like Hank who think that it's all just a question of consumer confidence (and that the right kind of inspirational speech from the President will restore things) are not only deluded, they are part of the problem because they get in the way of solutions. Meanwhile, a large number of people, like yourself, have become distracted from our fundamental, immediate budget problems by our long-term fiscal problems, and likewise are part of the problem rather than part of the solution. What "leadership" do you think should have solved all this? What's astonishing is how high Obama's approval ratings are, given the massive unemployment, but that seems to reflect that people blame Bush for the economy.
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I think you know the answer to your questions. Club likely thinks the economy would be a-okay if only we had stronger austerity, no health care reform, and the elimination of perceived future threatened regulation.
He's already said Obama needed to lead more on the debt ceiling, where he should made the magic speech that would led Boehner and Cantor to say "yes, we would like more of what we asked for like Obama offered."
