Obama can't get anything done becuase of the congress, and that was true with Bush too. But, Mit Romney is soooooooo stupid, and if he's president i'm gonna be so pissed off. Remember, if oil is so precious, then, let's use it all and god will bless us with more! And, Romney says we need to stay out of syria, and put more into Iraq and Afghan, which is the complete opposite. I could say more, but i'm tired of typing.

Gotcha,republican :3. I personally am independent, but, if romeny is president i will be really dissapointed in this country.

4 trillion in debt he caused.

yup. a real shame if the monkey dont get his way,

I don't care who is president, as long as they don't increase the debt. The reason I am currently leaning for Romney over Gary Johnson is because Romney is much less likely to add as much to the deficit as Obama will. Either way we are fucked though.

Romney will make dumb moves such as dropping taxes on the rich, because he's a greedy ass, and puttting more troops in afghan.

And that suggests that Obama hasn't made dumb moves. In other words, they will both make dumb moves. One of Obama's WORST moves he made as a president was re-appointing Ben Bernanke as the Federal Reserve chairman. That might have more consequences than anything Romney could even do with the military or tax cuts.

Let me bring in some numbers. The interest we pay on our national debt currently is extremely low by regular standards. That rate will increase, historical trends tell us thus. Just the yearly INTEREST on our current debt, if it rises even 2%, will be more than the cost of all wars the United States has waged in its history.

The deficit isn't a small deal- it needs to be fixed now. If you want a more in-depth analysis I wrote about a week ago, I can link you to a 3 comment long explanation on deficit spending.

We don't want politicians to do more, we want them to do more. Our economy and our country as a whole functions best when there is less government intervention. Take the Clinton years for example. For some reason everyone credits Clinton for the economic boom and government surplus we had during his terms in office. I am not saying Clinton was necessarily bad for the economy, but the reason the economy did so well is because congress was very divided at the time (I believe it was VERY slightly mostly republican at the time).

As a result, congress was not able to agree on anything and there was less shitty legislation to waste money and hold back the economy. THAT is what we need, LESS government intervention from either side.

Yea, this is what happens when I do not read over my writing. I meant to say "very slight majority". Thanks for catching my stupid wording sir.

Is k.
I never thought of how them being too busy bickering might have actually helped but if that's the case then you should be swimming in jobs and money so I guess they've got to act together to an extent.

Around 72,000 PAGES of regulation is passed every YEAR. Much of that regulation (I would say 50% at the least) is a direct consequence of lobbying/corruption. That alone imposes a huge setback for economic productivity. Congress doesn't improve the economy- people do. Congress can only set the economy back.

(This is under the assumption that individual property rights are already protected by the executive branch- which is necessary for a well run economy).

So what, today's Congress bickering and getting nothing done is bad but 1990's Congress bickering and getting nothing done was good?
Hm....

They're not bickering and getting nothing done was my point. The individual agents of the economy have to constantly adjust to the massive amounts of legislation, fiscal policy, monetary policy, alterations made by Government Sponsored Enterprises, and regulation being passed. This includes inflation, tax code changes, regulation (good and bad), bail-outs, tariffs and stimulus.

For example, a major problem that caused the 2007 crisis was the sale of sub-prime mortgages. The two main mortgage companies in the U.S., Fannie Mae and Freddie Mac are both GSEs (Government Sponsored Enterprises). There were multiple policies passed that were aimed to to increase the house ownership rate prior to 2007 (you can easily find these statistics, the housing ownership rate grew by about 5%+ in only a few years around the time). The main way this was achieved was through sub-prime mortgages, handed out by the housing giants I mentioned. These sub-prime mortgages were encouraged by the federal government and related policy gave Freddie and Fannie incentives to do so.

This is similar to the causes of the Great Depression where the Federal Reserve allowed banks to lower their reserve rate to new unseen levels to "boost" the economy. Well this did in fact boost the economy during the roaring 20's but when people went to banks to ask for their money back, the banks didn't have any money. This was a major cause of the Depression, bank failures.

The same can be said about the Federal Reserve, FDIC, and Treasury's 2007-2008 bank bail-outs which will result in another recession/depression in the near future.

I know this last bit has been monetary policy and not directly related to congress. However, it still fits under the data-backed trend that government intervention with the economy more often than not leads to economic downturns.

Mhmhm.
Mhmhm.
Mhmhm.
I think I understood of those words.jpg

That's how the government gets away with that kind of shit. They use fancy words like "Quantitative Easing 3" instead of "printing money" to confuse people who do not study the topic (I mean that as no insult, I was talking to my mom about it earlier tonight and she had no idea either). By doing this, the Fed is able to inflate the dollar bill and steal the value of hardworking citizens' savings. That's yet another problem with government.

Eh, I'm kinda getting into politics, kinda interesting how it changes so much yet stays the same all the time.
But the Fed would have to step in some times no?

Meh. Main use of the fed is to insure bank deposits. Monetary policy outside of that usually does more harm than good. It is even commonly argued that the Fed caused the Great Depression.

I completely agree with everything you said.
Have this pic.