Nope. I'm quite able to understand a thing without accepting it as desirable. More than that I also recognize that people generally aren't interested in facts. It's all about attacking one side to defend yours.
Okay, so what's the solution to that? IMO, it is making an effort to be fair to both sides, and to criticize those who are unfair on either side.
The matter of contention here is a set of data that starts counting from the day Obama was inaugurated. You and I both know that's not reasonable. So why accept it at face value?
Well the tech bubble eventually burst as they all do and that left Bush with an economy with no place to go. That wasn't his fault.
I've never heard any reasonable attempts to blame Bush for the dot-com bubble. A couple of hard lefties perhaps but that's it.
What was is the involvement of the US in Iraq which siphoned off money from the economy. That can be laid directly at the feet of his administration, but again only one component. I don't see that being brought up in discussions do you?
Certainly Dems bring this up, and Reps try to ignore it. Not sure what your point is here.
What is missing is all this is that the key economic problem is that too many people do not have quality jobs, where long term employment and pay is likely. So we have a stimulus. Great. What happens when that money runs out? Another one?
The purpose of the stimulus was to try to prime the pump of demand to stop the rollercoaster drop we were on in early 2009. To some extent, it worked.
The problem with the money running out isn't a result of the spending on the stimulus. It's a result of all the money we wasted when we had no problem with the economy. Governments, like people, are supposed to save for rainy days and then spend when the private sector locks up, as it did in 2008. But we spent the preceding 8 years blowing all of our money on unnecessary wars and tax cuts. So when a financial disaster happened and we needed the government to spur demand, the only way to do it was with record debt. Of course, the people who created this mess with their irresponsible behavior then blamed Obama for the debt.
Better than all that would be legislation giving a greater proportion of control to smaller shareholders of corporations instead of few controlling all, and those few in situations where they benefit of the lack of accountability in board rooms.
Not really sure what this would accomplish. I can see it opening quite a Pandora's Box as well, the idea of giving people who don't have controlling interest the ability to control the corporation.
Better tax incentives to control corporate behavior might make more sense.
Then there's the real elephant in the room, outsourcing, which is fueled by the fact that overseas labor is cheap and so are the goods compared to American products. What changes in trade do you see either candidate seriously proposing?
Nothing. And honestly, I am not sure there is anything they can propose. So instead they just attack each other.
Americans have to get used to the idea that the hey-days of us being the only game in town are over. Other countries want a piece of the pie, and they are willing to tolerate a lower standard of living than we are.
What about targeted tax incentives for corporation who meet criteria which provide such jobs? You want a break? Hire people here.
I'd be fine with that.
We are a ninety day economy. Meet the market expectations and everything else be damned. Hell of a way to run things, but there it is. Take the tax savings and use them to hire more offshore labor. No, I'll pass because that's a given disaster in the making.
The problems you are identifying are systemic, they are a part of our culture here in the US. They are also weaknesses in the free market system that free market advocates don't want to recognize.
It's not like we have a chance at good leadership since there being only two effective choices we'll have to take what one or the other give us. I don't have to like it.
No, you don't. I don't like it either.
I would vote in a heartbeat for an old-style Republican who actually took fiscal responsibility and freedom seriously. Instead, I have to choose between game-playing leftists, and kook right-wingers who pander to the rich and the religious right. But right now at least the leftists are somewhat sane, and so I have to go with them.
I think it was Churchill who said America will do the right thing, after trying everything else first. We're still in the wilderness when it comes to the debt and the economy overall. Like the guy who's got $50,000 in credit card debt and still thinks he "deserves" a 50-inch TV, we haven't sobered up yet.