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bigd55
Lv 5
bigd55 asked in Politics & GovernmentPolitics · 9 years ago

If the US economy is improving, is it because of Obama or in spite of him?

12 Answers

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  • 9 years ago
    Favorite Answer

    So we have rising fuel and food prices and inflation, along with the longest period of high unemployment since the Great Depression, yet Democrats want me to believe the economy is “improving”?

    http://www.cnbc.com/id/46426789

    http://www.usnews.com/news/articles/2012/02/16/cbo...

    http://www.bloomberg.com/news/2012-03-16/consumer-...

    And now Obama is on pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined

    http://cnsnews.com/news/article/obama-pace-borrow-...

    http://www.washingtontimes.com/news/2011/nov/22/cb...

    According to the CBO, the Democrats so-called “stimulus” actually hurts our economy in the long run.

    Sorry, but it will take much more than Obama's word to convince me the economy is in fact improving.

  • bubba
    Lv 6
    9 years ago

    Because of the early policies: TARP, the stimulus, auto bailout, cash for clunkers, energy efficient appliances and home improvements. The banks turn around within the first year of his administration and have repaid all the funds, plus a little more. Auto companies are on better footing when they would may cost 10,000 of jobs (auto workers, but parts stores, parts supplies, detailing, car washing, etc.). The appliances and home improvements helped slow unemployment.

    The biggest deterrence to economic grow has been the republican congress. They increased government layoffs (state and federal, which hurt demand a lot. I agree that the debt needs to be addressed, but the economy has to get on tract first. Despite the republican barriers, the economy is slowly improving.

    http://www.gallup.com/poll/148379/Job-Creation-Ind...

    Source(s): Crash, whose policies caused the greatest recession since the great depression? Mostly the republicans.. Clinton may have helped too, but Regan, GHW Bush, and GW Bush had a whole lot to do with it too..
  • 9 years ago

    In spite of. Either the horse is dead or it will get back up. Obama's whip is currently being held off by the election looming, his approval numbers are indicative of the fact that he is in no way assured re-election.

  • 9 years ago

    Neither - it is not improving [as of March 19, 2012]

  • Anonymous
    9 years ago

    In spite of him, and it isn't really improving at all because the economy is now completely phony.

  • Anonymous
    9 years ago

    The economy is like a drug addict it hit bottom with BHO an has no place to go up or bankrupt.

  • ?
    Lv 4
    9 years ago

    It's probably a little of both. The President doesn't necessarily drive the economy.

  • 9 years ago

    If you believe it is improving you are just too easy.

  • ?
    Lv 4
    9 years ago

    Yours is a loaded question.

    Therefore, the answer is: It depends on who you ask.

    Source(s): Your question.
  • ?
    Lv 6
    9 years ago

    In spite of him.

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