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by Sageman from Orlando

Last Post 65 days, 12 hours Ago


The President Affect's the Economy!
May 28, 2008 | 6:15 PM
Category: Political
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I think one point that needs to be made is that a lot of times our economy is influenced by the support we place in our president. If there is no faith in the ability of our president to perform his job then we will see that reflect on our economy.

The impact may be small but it's still there. What that means is that when elections are over in November, we will see a new president in office and the confidence we place in that president will indirectly impact our economy. Something to think about either way.

Anyone think there is any validity to this theory? What impact do you think McCain would have and what impact do you think Obama would have. Try to be ojective and not ruin the thread with rants about either please.
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Member Comments Total Comments: 14
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oldvamp read my blog view my photos
May 29, 2008 | 7:54 AM

My comment here is that the media also has a direct effect on how the Presidents job is reflected. We all know how the media can bury someone or praise them to the ends of the world. The amount of truth in a story apparently does not matter anymore. Yes, I agree with you that his/her performance does have an affect on the economy.
DeborahLakeHelen read my blog view my photos
May 29, 2008 | 8:59 AM

Well, Oldvamp makes a valid point, here. The media LOVES to stir up distention, distraction and influence. People can be sheep, mindlessly following the "flow" of the media stream. Sage, I have to agree with you, the impact may be small, but it's still there. What people seem to forget, is that ALL decisions, ALL responsibilities, ALL negotiations, ALL crises, and ALL impacts ARE NOT the fault of ONE MAN. (The President) At this point, I believe Obama as President would bring absolute turmoil to our country. I trust McCain as a military leader, but I'm not willing to go MUCH further than that. My parents have known McCain personally for nearly 50 years, but that doesn't have anything to do with my opinion of him. I've very ambivalent about how I feel about him as the next "leader" of our country.
BornToBeWild read my blog view my photos
May 29, 2008 | 4:08 PM

And you are getting a taste of what is yet to come! People are losing jobs, crime has taken a rise, cmore control for officials are happening, our rights are fading, the population increasing at a fast rate, it took a dive once they lower their defence and security methods.

It become political and the oil companies really do have us over a barrel of control because this world would go into total devastation going without it all of a sudden...they all know this.
Abunai read my blog view my photos
May 29, 2008 | 4:13 PM

Ya know.. just yesterday Sageman you were posting the gloom and doom estimates for our economy, and today the numbers came out and showed that AGAIN, the economic numbers are better than the "EXPERTS" projected.

Translation: DARN! Everytime we try to either hide the good news or paint an gloomy picture, the economy comes around with its numbers and exposes our biased opinion!

As for McCain: Lets hope Barr gets his campaign up and running! Barr is the big hint to McCain, that either he bring himself back to the conservative base of his partent party, or Barr will snatch it up, and become the biggest spoiler since Ross Perot! (Class of 53 USNA)

Either way, we are prepared in this house to let the Democrats have the whole 9 yards, and then when it implodes and we end up with another Carter like economy, HOPEFULLY the Republican party will have grown a new pair and will take this country's leadership back.
shadows read my blog
May 29, 2008 | 5:45 PM

Sure the confidence factor come into play here. If anyone wants to look at the recent statistics, a good site is Economic Indicators.gov

Everyone can look at ALL of the statistics and make their own evaluation if they desire.

Unfortunately statistics with qualifying statements such as ".... Excluding food and energy prices, the price index for gross domestic purchases increased 2.2 percent in the first quarter, compared with an increase of 2.3 percent in the fourth." don't do much for public confidence.... unless you believe that food and energy prices are inconsequential.
Abunai read my blog view my photos
May 29, 2008 | 9:01 PM

Because fuel and food are essentials of life, and reguardless of their price, people are going to buy it no matter what. Thats why it is Excluded from the others.

If disposable income after fuel and food declines to such a rate that it shows up in the public confidence then you will see it.

The reason its not reflected yet IMO is because people make their plans for spending months in advance. From vacations, to building, to forking out money to paint that room, or whatever....

The forrest through the trees is that dispite the gloom and doom forcasts by EXPERTS, we AGAIN exceed their expectations! Throughout Bush's two terms every story on the economy (when they finally have to report it) begins with "_____ than expected"
DaytonaFrank read my blog view my photos
May 29, 2008 | 10:16 PM

Is there any validity to this theory?

ABSOLUTELY!

After 9/11, if it wasn't for our President George W. Bush, this country would have been crippled emotionally, and economically. He is indeed the best president we have had since Reagan himself.
While I don't agree with everything he has done during his time in office, surely his legacy will be the the booming economy we have had for years in spite of the 9/11 attack on our soil. He will ALWAYS be a hero just for that.

The recession we may now be seeing was not caused by Bush, but rather the new Democratic congress that is fighting him tooth and nail.

It started right after they took control of our congress!

Anyone that cannot see that is a fool.
khazzi read my blog
May 29, 2008 | 10:52 PM

There is no doubt that the office of the President directly affects the stock market, and every aspect of our economy. McCain will bring more of the same, and perhaps exponentially worse because of the drag left over from the Bush administration. The definition of insanity is doing the same dumb things and expecting different results.
The true republican concept might work if there were a true trickle down affect of wealth into the fabric of US economy. The problem is that much of the wealth is staying out of country and not reentering the economy. With that in mind, the old Republican strategy is flawed and outdated.
At least Obama’s focus is on keeping dollars in the US, and engaging diplomacy around the world. This is the only way to achieve balance in the economy.
RNC08 read my blog view my photos
May 30, 2008 | 9:03 AM

I think that the dodging of Trade negotiations by Obama will set a long standing president as a negative in his favor when it comes to economic confidence. We are currently being viewed as not being willing to protect our own economy (in the world) and this adds much to the decline of the dollar...if you want to do a historical review the “confidence” vote falls to whoever is seen as more conservative. There are no exceptions to this.
But according to some posters here using anti trust laws against “big oil” will fix everything....just have to wonder who they are going to use them against , Shell ? BP ? Citgo ? LOL
Abunai read my blog view my photos
May 30, 2008 | 10:00 AM

Not to mention that anti-trust and windfall profit taxes are just the latest shakedown from Democrats. First it was At&T, then Big Tobbacco, then Microsoft, now its Big Oil. Meanwhile we defend the golden cows like Farm subsidies, earmarks paid for via the general fund of social security. From Woodstock museums by Clinton and Schumer, or for balance Ted Stevens with bridges and fairys to nowwhere, to Murtha, the left wing answer to Stevens who carries the earmark torch.

Exxon/Mobile does not even make it to the top ten of "big oil" in the world! (I think they are 12th) but ONLY because its actually TWO companys merged!
Sageman read my blog
May 31, 2008 | 12:22 AM

Abunai - did you compare them to last years? Things are down across the board, just because they are better than projected doesn't mean they still don't suck. Not trying to a pessimist here just pragmatic here. I don't think every issue with our economy can be blamed on political decisions. I do think a large majority of the reason we are in the position we are in is because of poor decision making on the part of all of our politicians in the past 8 years. I'm not even going to say it's all of one or the other's fault.

As for the shakedown comments, are you receiving funding for your campaign from any of the above company's because if I remember correctly both democrats and republicans agree that monopoly's hurt the economy! It's one of the few things they do agree upon. I think you're throwing stones at glass houses with the above comments but that's just me.
Abunai read my blog view my photos
Jun 2, 2008 | 5:48 PM

No... The Democrats are the ones blaming "Big Oil" Democrats are the ones that don't put their profits in a profit margin perspective, and are trying to sensationalize a number with no perspective... Show me the Conservative that is doing it... I will concede that even Bill Oreilly is off on this one.

OK.. so for arguments sake, if Monopoly is where oil is headed, ( I don't agree with it but..) Then to put oil under the Government and "Socialize" it as Maxine Waters wants, then isn't it just a govt. run monopoly?

To economy as compared to last year: Again, NOBODY has a straight line going up! Economy fluxs, and while it has slow and fast spots, the "mean" overall economy is quite improved.

Remember Cliton's deficit was against a 7 Trillion GDP... Bush's deficit is up against a 14 Trillion and growing GDP in only 7 years!! DOUBLED GDP! WITH a war, WITH reconstruction, WITH weaker dollar,WITH Democrat obstruction!...

Imagine how the economy would be if Democrats would actually stop throwing wrenches in it just for the sake of trying to make Bush look bad!
DaytonaFrank read my blog view my photos
Jun 3, 2008 | 12:04 AM

That was the plan that got Bill elected.

"Its the economy stupid"

Remember that one? I wonder if they will use it again.

While Nancy & Co. are fighting the President tooth and nail on everything, will the American voter REALLY believe they are trying to help?

Or just hinder?

I suppose all with a brain cell or two will realize the new Democratic congress is deliberately causing a recession and panic just to get thier candidate in again.

Most disturbing, is that Bush will undoubtably fix the temporary slide in the US economy, and Obama will take full credit for it, just like Bill skated for 8 years on the policies Bush Sr instated before the snake stole the election with his Ross Perot plant!
DaytonaFrank read my blog view my photos
Jun 3, 2008 | 12:09 AM

Sorry if I sound biased. It is only because I am biased!
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Sageman

I have been an actor, writer, and journalist, among other things. Currently I am getting ready to go back to school. I think that news, as clichè as it sounds, is one day away from being history. I enjoy reading, writing, running, biking and swimming. Ironically I hate the Triathlon. Yet I believe exercise is the key to a happy life! Politically I'm a Moderate Democrat and I listen to anyone's views, the only thing that really irks me is people who insult others for having different views. Which often makes me insult them in turn. I guess that makes me a Hypocrite... At least I won't be lonely.

Member Since: 3/19/2008


 

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