General Discussion

CJCRANE

(18,184 posts)

8. I was expecting the Trillion Dollar "Big Bang" stimulus

Wed Jun 13, 2012, 03:36 PM

Jun 2012

that was mentioned during the transition...but the Repubs watered it down.

But we knew we were in uncharted territory and things could get worse before they got better so I'm not that surprised by the ups and downs of the economy.

Plus a lot of DUers warned that there was still another shoe to drop in the financial crisis because there were still a lot of toxic debts out there...
and now that shoe is finally dropping in Europe.

So, overall I think things turned out okay relatively speaking, but there are still plenty more bumps in the road ahead.

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Is the country better or worse off now than you thought it would be...? [View all] kentuck Jun 2012 OP

Depends on my criteria no_hypocrisy Jun 2012 #1

Worse. Accountability is dead. MrTriumph Jun 2012 #2

I take a multi faceted approach. JoePhilly Jun 2012 #3

worse off quinnox Jun 2012 #4

A lot worse off villager Jun 2012 #5

Much, much worse. nt woo me with science Jun 2012 #6

Much worse but not for any of the reasons stated just1voice Jun 2012 #7

I was expecting the Trillion Dollar "Big Bang" stimulus CJCRANE Jun 2012 #8

You lost me at McCain/Palin. Bwahahahahahahahahahahahaha!1!111!11!!!!! DCKit Jun 2012 #9

I must admit, I am a little surprised by some of the responses... kentuck Jun 2012 #10

Part of it is we were told by the President and his team that he would have it fixed by now. SlimJimmy Jun 2012 #17

I don't recall anyone saying it would be "fixed" by now... kentuck Jun 2012 #19

Economists also said a second stimulus would be needed CJCRANE Jun 2012 #20

One example: The President said that he would cut the deficit in half by the end of his first term. SlimJimmy Jun 2012 #41

Start with TARP. girl gone mad Jun 2012 #28

What could Obama have done before the election in 2008? Capn Sunshine Jun 2012 #33

A lot of the polls showed McCain ahead until the crash and TARP bailout... kentuck Jun 2012 #35

Obama famously whipped for TARP. girl gone mad Jun 2012 #40

I thought we would be going strongly in the right direction by now lunatica Jun 2012 #11

I never thought the Republicans would choose politics over helping Americans Capn Sunshine Jun 2012 #34

Don't know the difference Puzzledtraveller Jun 2012 #12

Pretty much as I expected. "Change" was a nice slogan, though. Tierra_y_Libertad Jun 2012 #13

Much better off than I thought we would be. stevenleser Jun 2012 #14

I tend to agree ... kentuck Jun 2012 #18

Responses are Kind of Strange On the Road Jun 2012 #15

I think we are seeing stark evidence of the short memory of most Americans. stevenleser Jun 2012 #16

I think Obama's done some good deutsey Jun 2012 #21

It's about where I expected. Honestly. Stuff takes years to turn around, Thegonagle Jun 2012 #22

Things are actually a lot better than I anticipated..... AverageJoe90 Jun 2012 #23

Obama can do better, but the presidents enemies will not give him an inch.n/t hrmjustin Jun 2012 #24

I was hoping it would be better ThomThom Jun 2012 #25

Much worse. emilyg Jun 2012 #26

Way better off taught_me_patience Jun 2012 #27

It isn't a miracle. girl gone mad Jun 2012 #30

In 2008, I didn't think the winner would have a chance of being reelected in 2012 sadbear Jun 2012 #29

Good Christ, under a President McCrazy we would have easily had 20-25% unemployment, no coalition_unwilling Jun 2012 #31

Much worse. His actions have not even approximated his rhetoric. n/t Egalitarian Thug Jun 2012 #32

Are you people serious?! We were losing 850,000 jobs a month! There's no magic wand. FarLeftFist Jun 2012 #36

Do you think the President realized that? kentuck Jun 2012 #37

McCain and the white separatist would have slashed every dollar given to working people Dawson Leery Jun 2012 #38

I survived the Reagan years so this recession was like a little kids game to me NNN0LHI Jun 2012 #39