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Has Obama presented one free-market idea to stimulate our economy?

Public Comments

  1. The "free market" as you call it is the primary reason for the current crisis.
  2. Are you kidding? B.O. is a socialist and a globalist! What does he know about free-market economics? But the same is true of both wings of the R&D Party. They are run by globalists perverting the American way of life. All of which explains their commitment to bankrupting America, unsecure borders, the NAU, the UN and all the other truly ignorant ideas they propose.
  3. He can't. He must be sworn in first. Remember, one president at a time.
  4. "free market" doesn't exist what the "free market" done is create the crisis now.
  5. 'Free-market' ideas and practices put us in this crisis.
  6. Hussein hates everything about the word 'free' except handouts stolen from the tax payer.
  7. The "Free" Market (Free ONLY for the corporations and wealthy) failed.
  8. It took Bush and his nit-wit cronies eight years to get us in this mess, how about waiting at least till Obama is inagurated before you start blaming him for it!!!
  9. so many have shown their ignorance,it wasn't the free market that failed,it was our monetary policy,namely the federal reserve that has brought us down.obama has many bankers around him,he is in bed with the very ones that have brought this down on us
  10. He is not yet the president, to be sure, the trade imbalance we have with China is no longer working! Perhaps now that they will no longer loan us money for Bush idiocies, we can stop the trade and get up and running, Obama has plans to be sure, The one thing Americans believe that is not so, this is not free enterprise, not at all, the government decides who gets to grow and who does not! Capitalism is a great idea, it just has not worked with all the corruption
  11. what's a free market idea? Well we know Bush proposed a lot of them...and what did they get us? By the way...socializing the banking system by Bush...a heckuva free market move wasn't it? ROFL let me give you a bit of education. There is no such thing as this free market eutopia you fringe people are harping about. There must be rules, there must be oversight, and there must be regulation, and there must be fairness and balance in society as part of the economic system we call capitalism...which is a good system and an efficient one, but no game can succeed or go on without rules and without referees. Every major depression or depression like economic collapse in the USA came on the heels of several years of implementing the type of policies you right wing fringers advocate....and also years of being under the stewardship of Republican presidents. Bush policies have failed...we all know it, but you fringers keep repeating the same ideas like robots, or better yet like its some sort of religion where facts do not matter.
  12. How can one know Obama -(by what media says of him?)when he is still president elect-Let Come 20 Jan then we see how he operates.He said CHANGE-too vague to get him.I thought he woud change human behaviour to positive that Americans and the world 'respire mieux'. Keep fingers crossed- nearly all live lihood depends on that market.Surel he is thinking or thought of it with the stalwarts he has around him!
  13. No he hasn't he is a socialist. It's the democrats that have gotten us into this mess and we are going to see more of it.
  14. We need to abandon the Milton Friedman model and move to the Keynesian model, a synopsis from Wiki: In economics Keynesianism (pronounced /ˈkeɪnziən/, also Keynesian economics and Keynesian Theory), is based on the ideas of twentieth-century British economist John Maynard Keynes. According to Keynesian economics the state should stimulate economic growth and improve stability in the private sector - through, for example, interest rates, taxation and public projects. The theories forming the basis of Keynesian economics were first presented in The General Theory of Employment, Interest and Money, published in 1936. In Keynes's theory, some micro-level actions of individuals and firms can lead to aggregate macroeconomic outcomes in which the economy operates below its potential output and growth. Many classical economists had believed in Say's Law, that supply creates its own demand, so that a "general glut" would therefore be impossible. Keynes contended that aggregate demand for goods might be insufficient during economic downturns, leading to unnecessarily high unemployment and losses of potential output. Keynes argued that government policies could be used to increase aggregate demand, thus increasing economic activity and reducing high unemployment and deflation. Keynes argued that the solution to depression was to stimulate the economy ("inducement to invest") through some combination of two approaches : a reduction in interest rates. Government investment in infrastructure - the injection of income results in more spending in the general economy, which in turn stimulates more production and investment involving still more income and spending and so forth. The initial stimulation starts a cascade of events, whose total increase in economic activity is a multiple of the original investment. A central conclusion of Keynesian economics is that in some situations, no strong automatic mechanism moves output and employment towards full employment levels. This conclusion conflicts with economic approaches that assume a general tendency towards an equilibrium. In the 'neoclassical synthesis', which combines Keynesian macro concepts with a micro foundation, the conditions of General equilibrium allow for price adjustment to achieve this goal. The New classical macroeconomics movement, which began in the late 1960s and early 1970s, criticized Keynesian theories, while New Keynesian economics have sought to base Keynes's idea on more rigorous theoretical foundations. More broadly, Keynes saw his as a general theory, in which utilization of resources could be high or low, whereas previous economics focused on the particular case of full utilization.
  15. Hopefully none since it's been proven beyond any doubt that they don't work.
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