The Republican President in 2017

[Value Buy]

Will possibly be seeing a recession according to economists.
Want to bet President Obama will be found innocent of preventing it, and the Republican will be blamed?

www.msn.com/en-us/money/markets/mark-your-calendars-economists-see-next-us-recession-in-2018/ar-AAeaRIv

[sesfw]

bho and dems are still blaming Prez Bush for all of the economic woes this country has seen. I'm quite sure the dems will blame Prez Bush and conveniently forget the intervening 8 yrs of damage bho has done.


So glad bho is almost a has-been

[mroped]

I wouldn't worry to much about a republican president after BHO. Won't happen!
Those darn illegals will vote again a democrat president.

[busymom]

Meh. You can only realistically blame the previous administration for about the first year in office. After that, it's all on you.

[Tennesseer]

Sept 12, 2015 11:11:40 GMT -5 mroped said:

I wouldn't worry to much about a republican president after BHO. Won't happen!
Those darn illegals will vote again a democrat president.

As I type, we have been busy drawing up fake and forged legal documents for illegal aliens to vote come 2016 in local, state and federal elections. We have issued over 7.3 million illegal aliens fake documents and have registered to vote just as many for the 2016 elections.

[dondub]

bho and dems are still blaming Prez Bush for all of the economic woes this country has seen. I'm quite sure the dems will blame Prez Bush and conveniently forget the intervening 8 yrs of damage bho has done.

Why shouldn't they. BushCo. took us to the brink with the crash and we are still feeling the effects.

Please tell me what "damage" BHO has done. I'm always interested in seeing that. In the meantime I will remember fondly the massive jobs growth and plunged UE rate that has occurred under the Obama Recovery.

[billisonboard]

... the next downturn occurring in 2018.

Assuming the collective wisdom of economists is right—which is a generous assumption given that predicting business cycles isn't exactly a cakewalk—it puts the current expansion on track to have a lifespan of about nine years. That's a pretty good run, though the honor of the longest expansion on record would still belong to the decade that ended in March 2001.

Hmmm. President in the 1990's was Clinton. Bush took over in January of 2001. 9 years make from 2018 would be 2009. Obama took office in January of 2009. So the odds are that if there is a downturn in 2018 that we will have a Republican in the White House.

[AgeOfEnlightenmentSCP]

Sept 12, 2015 8:27:01 GMT -5 Value Buy said:

Will possibly be seeing a recession according to economists.
Want to bet President Obama will be found innocent of preventing it, and the Republican will be blamed?

www.msn.com/en-us/money/markets/mark-your-calendars-economists-see-next-us-recession-in-2018/ar-AAeaRIv

Reagan's first few years were some of the worst recession years in modern history.

[djAdvocate]

Sept 13, 2015 1:23:23 GMT -5 AgeOfEnlightenmentSCP said:

Sept 12, 2015 8:27:01 GMT -5 Value Buy said:

Will possibly be seeing a recession according to economists.
Want to bet President Obama will be found innocent of preventing it, and the Republican will be blamed?

www.msn.com/en-us/money/markets/mark-your-calendars-economists-see-next-us-recession-in-2018/ar-AAeaRIv

Reagan's first few years were some of the worst recession years in modern history.

quite true.  that one set a post WW2 unemployment record that even the Bush recession didn't match.

[Politically_Incorrect12]

Sept 12, 2015 11:25:43 GMT -5 busymom said:

Meh. You can only realistically blame the previous administration for about the first year in office. After that, it's all on you.

I think many policies really take more than that to kick in, whether good or bad.  However, I do think that Presidents get too much blame and credit when it comes to the economy and are usually just lucky, or unlucky, in terms of when they are elected and how the economy is at the time.  I don't think it mattered who was President after Clinton, the economy was going to go down and the attacks only exacerbated it.  We're also in a time of change, moving more to a technological and global economy; and times of economic change are usually tumultuous.  What will be "interesting" is how we react to all these changes.  As long as it was primarily lower-skilled labor being outsourced, I don't know that people were surprised by that one.  However, with changes like teledocs to be able to talk to a doctor online, and other technological advances that allow higher skilled jobs to be outsourced...I wonder if that will change the perception that we need to address it on some level.  It's one thing when factor workers jobs are being outsourced, it's another thing when doctors, attorneys, a higher percentage of IT, accountants, etc start getting outsourced more and more.  I wonder if more protections will start to come about for these knowledge based professions.

[djAdvocate]

Sept 14, 2015 8:18:58 GMT -5 Politically_Incorrect12 said:

Sept 12, 2015 11:25:43 GMT -5 busymom said:

Meh. You can only realistically blame the previous administration for about the first year in office. After that, it's all on you.

I think many policies really take more than that to kick in, whether good or bad.  However, I do think that Presidents get too much blame and credit when it comes to the economy and are usually just lucky, or unlucky, in terms of when they are elected and how the economy is at the time.  .

given the incredibly poor economic track record of GOP presidents, let's hope so. 

[Politically_Incorrect12]

Sept 14, 2015 9:44:00 GMT -5 djAdvocate said:

Sept 14, 2015 8:18:58 GMT -5 Politically_Incorrect12 said:

I think many policies really take more than that to kick in, whether good or bad.  However, I do think that Presidents get too much blame and credit when it comes to the economy and are usually just lucky, or unlucky, in terms of when they are elected and how the economy is at the time.  .

given the incredibly poor economic track record of GOP presidents, let's hope so. 

Presidents during bubbles probably are more likely to have better economies than Presidents during the time or immediately after those bubbles burst.  Everybody loves to take credit for when times are good, but want to blame everybody else when times are not so good.  It also doesn't help that when times are bad, the minority party often don't want them to get better before the next election so it can be used as an election issue.  People want to complain about republicans being obstructionists, but really have short memories if they don't remember what happened when democrats took control of the house and senate under Bush.  As far as Democrats vs. Republicans...Clinton benefited from bubbles in a growing sector; Obama benefited from being far enough after the bubbles bursting to see the recovery from it, and is also benefiting from the number of bonds coming due being at all time lows since the 1950s.  However, there will be a time when they will come due, and whoever happens to be President will get the blame for that spending.  Bush doesn't get a pass for everything, but he also doesn't get the blame for everything bad that democrats want to give him either (the same goes for Obama, Clinton, Bush, Reagan, and pretty much all the other Presidents too).  

 The share of bills, due in one year or less, is approaching the least since the 1950s.
That’s given the U.S. more time to repay its obligations. The average maturity has reached 68.7 months, or two months short of its high in 2001. With the U.S. budget deficit falling to a six-year low, the government is in better shape to finance its record debt burden when interest rates do rise.
The U.S. pays less in interest now than it did in 2008, even after the amount of U.S. debt outstanding more than doubled to $12.5 trillion.

Read more at:  www.bloomberg.com/news/articles/2015-02-09/bond-dangers-compounded-by-u-s-pushing-out-treasury-maturities

[happyhoix]

Meh. Clinton got credit for a great economy that he wasn't 100% responsible for, Bush Jr got blamed for a crappy economy he wasn't 100% responsible for.

Presidents can't control the economy, especially not the global economy (witness the recent market tanking due to China's market hitting the skids).

Politicians always take credit when credit isn't due, and always try to shift the blame when they can. It's just what they do.

Just wait and see what happens if Trump gets elected. He will claim he causes the sun to rise every day.

[Tennesseer]

Sept 14, 2015 12:52:39 GMT -5 happyhoix said:

Meh. Clinton got credit for a great economy that he wasn't 100% responsible for, Bush Jr got blamed for a crappy economy he wasn't 100% responsible for.

Presidents can't control the economy, especially not the global economy (witness the recent market tanking due to China's market hitting the skids).

Politicians always take credit when credit isn't due, and always try to shift the blame when they can. It's just what they do.

Just wait and see what happens if Trump gets elected. He will claim he causes the sun to rise every day.

Go global: Trump will make sure it is always high noon someplace on earth.

[OldCoyote]

Sept 12, 2015 14:22:18 GMT -5 dondub said:

bho and dems are still blaming Prez Bush for all of the economic woes this country has seen. I'm quite sure the dems will blame Prez Bush and conveniently forget the intervening 8 yrs of damage bho has done.

Why shouldn't they. BushCo. took us to the brink with the crash and we are still feeling the effects.

Please tell me what "damage" BHO has done. I'm always interested in seeing that. In the meantime I will remember fondly the massive jobs growth and plunged UE rate that has occurred under the Obama Recovery.

Why has it taken 7 years to recover,  If I remember right  my friends on the left thought Obama would have it all fixed in 6 weeks.  What happened??

[billisonboard]

Sept 14, 2015 23:17:41 GMT -5 OldCoyote said:

... Why has it taken 7 years to recover,  If I remember right  my friends on the left thought Obama would have it all fixed in 6 weeks.  What happened??

Maybe you misheard. It was actually 6 months:

The Great Recession—which officially lasted from December 2007 to June 2009 ...

- See more at: stateofworkingamerica.org/great-recession/#sthash.WebBqoBN.dpuf

Not sure where the 7 years comes from.

[djAdvocate]

Sept 14, 2015 23:25:39 GMT -5 billisonboard said:

Sept 14, 2015 23:17:41 GMT -5 OldCoyote said:

... Why has it taken 7 years to recover,  If I remember right  my friends on the left thought Obama would have it all fixed in 6 weeks.  What happened??

Maybe you misheard. It was actually 6 months:

The Great Recession—which officially lasted from December 2007 to June 2009 ...

- See more at: stateofworkingamerica.org/great-recession/#sthash.WebBqoBN.dpuf

Not sure where the 7 years comes from.

18 months, bills

[billisonboard]

Sept 14, 2015 23:29:14 GMT -5 djAdvocate said:

Sept 14, 2015 23:25:39 GMT -5 billisonboard said:

Maybe you misheard. It was actually 6 months:

The Great Recession—which officially lasted from December 2007 to June 2009 ...

- See more at: stateofworkingamerica.org/great-recession/#sthash.WebBqoBN.dpuf

Not sure where the 7 years comes from.

18 months, bills

18 months what?

[djAdvocate]

Sept 14, 2015 12:52:39 GMT -5 happyhoix said:

Meh. Clinton got credit for a great economy that he wasn't 100% responsible for, Bush Jr got blamed for a crappy economy he wasn't 100% responsible for.

Presidents can't control the economy, especially not the global economy (witness the recent market tanking due to China's market hitting the skids).

Politicians always take credit when credit isn't due, and always try to shift the blame when they can. It's just what they do.

Just wait and see what happens if Trump gets elected. He will claim he causes the sun to rise every day.

this is precisely it.  presidents want all of the credit and none of the blame.  tough beans.  you either get both, or neither.

however, it should be noted that GOP presidents have a much worse economic track record than Democrats do.  and because of that, they have a very strong incentive to suggest that NEITHER credit NOR blame should be part of the deal.  and Democrats, by comparison, have an incentive to think that BOTH should.  so, even the LOGIC of the decision is political, imo. 

ultimately, i think it comes down to how presidents campaign, particularly for re-election- and it is pretty much undeniable that presidents take credit for the economy and that their opponents blame them for it.  so, rather than having this childish argument over whether they SHOULD OR NOT, let's just agree that it doesn't matter- THEY ARE GOING TO- and we WILL hold them to account for that.

[djAdvocate]

Sept 14, 2015 23:33:52 GMT -5 billisonboard said:

Sept 14, 2015 23:29:14 GMT -5 djAdvocate said:

18 months, bills

18 months what?

June 2009 minus December 2007 is 18 months, not six.

[billisonboard]

Sept 15, 2015 0:01:10 GMT -5 djAdvocate said:

Sept 14, 2015 23:33:52 GMT -5 billisonboard said:

18 months what?

June 2009 minus December 2007 is 18 months, not six.

But June 2009 minus January 20th, 2009 is 6 months, not 18.

[tallguy]

Technically it's five, but I get what you meant.  

[billisonboard]

Sept 15, 2015 0:55:28 GMT -5 tallguy said:

Technically it's five, but I get what you meant.  

Everyone is a critic.

[weltschmerz]

Sept 12, 2015 12:32:36 GMT -5 Tennesseer said:

Sept 12, 2015 11:11:40 GMT -5 mroped said:

I wouldn't worry to much about a republican president after BHO. Won't happen!
Those darn illegals will vote again a democrat president.

As I type, we have been busy drawing up fake and forged legal documents for illegal aliens to vote come 2016 in local, state and federal elections. We have issued over 7.3 million illegal aliens fake documents and have registered to vote just as many for the 2016 elections.

Oooh, send me some? I want to vote.

[OldCoyote]

Sept 14, 2015 23:25:39 GMT -5 billisonboard said:

Sept 14, 2015 23:17:41 GMT -5 OldCoyote said:

... Why has it taken 7 years to recover,  If I remember right  my friends on the left thought Obama would have it all fixed in 6 weeks.  What happened??

Maybe you misheard. It was actually 6 months:

The Great Recession—which officially lasted from December 2007 to June 2009 ...

- See more at: stateofworkingamerica.org/great-recession/#sthash.WebBqoBN.dpuf

Not sure where the 7 years comes from.

Honesty and ethics in our government,  never stops amazing me how we can put a spin numbers.

Just like my wife,  since she can not collect unemployment any more,   She is not unemployed.  Really??  

That would not be putting a spin on the numbers?

[Value Buy]

Sept 15, 2015 1:39:01 GMT -5 weltschmerz said:

Sept 12, 2015 12:32:36 GMT -5 Tennesseer said:

As I type, we have been busy drawing up fake and forged legal documents for illegal aliens to vote come 2016 in local, state and federal elections. We have issued over 7.3 million illegal aliens fake documents and have registered to vote just as many for the 2016 elections.

Oooh, send me some? I want to vote.

Yes, you and about ten million illegals
I thought you were an American citizen.
YOUR NOT?
Vote absentee

[Tennesseer]

Sept 15, 2015 1:39:01 GMT -5 weltschmerz said:

Sept 12, 2015 12:32:36 GMT -5 Tennesseer said:

As I type, we have been busy drawing up fake and forged legal documents for illegal aliens to vote come 2016 in local, state and federal elections. We have issued over 7.3 million illegal aliens fake documents and have registered to vote just as many for the 2016 elections.

Oooh, send me some? I want to vote.

Done.

[Value Buy]

Sept 15, 2015 7:51:18 GMT -5 Tennesseer said:

Sept 15, 2015 1:39:01 GMT -5 weltschmerz said:

Oooh, send me some? I want to vote.

Done.

What state did you give her credentials for?

[Tennesseer]

Sept 15, 2015 7:55:00 GMT -5 Value Buy said:

Sept 15, 2015 7:51:18 GMT -5 Tennesseer said:

Done.

What state did you give her credentials for?

Why where else? Indiana of course!

[Politically_Incorrect12]

Sept 15, 2015 0:00:22 GMT -5 djAdvocate said:

Sept 14, 2015 12:52:39 GMT -5 happyhoix said:

Meh. Clinton got credit for a great economy that he wasn't 100% responsible for, Bush Jr got blamed for a crappy economy he wasn't 100% responsible for.

Presidents can't control the economy, especially not the global economy (witness the recent market tanking due to China's market hitting the skids).

Politicians always take credit when credit isn't due, and always try to shift the blame when they can. It's just what they do.

Just wait and see what happens if Trump gets elected. He will claim he causes the sun to rise every day.

this is precisely it.  presidents want all of the credit and none of the blame.  tough beans.  you either get both, or neither.

however, it should be noted that GOP presidents have a much worse economic track record than Democrats do.  and because of that, they have a very strong incentive to suggest that NEITHER credit NOR blame should be part of the deal.  and Democrats, by comparison, have an incentive to think that BOTH should.  so, even the LOGIC of the decision is political, imo. 

ultimately, i think it comes down to how presidents campaign, particularly for re-election- and it is pretty much undeniable that presidents take credit for the economy and that their opponents blame them for it.  so, rather than having this childish argument over whether they SHOULD OR NOT, let's just agree that it doesn't matter- THEY ARE GOING TO- and we WILL hold them to account for that.

That's because they usually follow Democratic Presidents and their policies who screw up the economy and then leave office just in time before it comes tumbling down.