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Originally Posted by nation-x
He didn't continue the bailouts... As a matter of fact, he has been making the banks repay the bailouts. The stock market has climbed over 4000 points since he took office, companies are starting to hire again and the stimulus has really only started working in the last couple of months because it took awhile to get projects approved and money dispersed.
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Oh wow, how misinformed are you? The stock market has climbed 4,000 points because the administration spins everything. They've intentionally exaggerated numbers and when the reports come in, they're smaller than the expected numbers. The job loss has been astronomical and NO new permanent jobs have been created. I really don't know where you're getting your information from. Furthermore, the stimulus has done nothing positive for the economy. In fact, it's created artificial growth at the expense of deficit spending. I don't think you're well versed in economics so maybe I should move on. Oh btw, where did the money go from the banks repayment, because they certainly didn't go back to the fed, lol. Funny you criticize me when I tell you what I hear, but when you hear something, it's taken as fact. Finally, the bailouts were on Obama's watch, unless you forget history.
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I'm not happy he kept Bernanke and I can't stand Geitner... so we probably agree there. As far as Keynesian economics go... I am quite certain that the world economists know more than you or any member of Congress about that subject.
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I know you're certain, yet being in power doesn't make you more intelligent than anyone else. I will argue that i know more than Bernanke,
especially since him and I follow two different schools of thought. He follows one that doesn't work, I follow one that's been proven to work.