Does Obama think money grows on trees?

All I know is things are becoming worse.All I can find is a part time job my son and his family have to move in with us. They both cannot find work. My poor husband is working a job at a slaughter house he hates it but it is better than nothing.

Its Keynesian economic theory. and in this case its being used as a last ditch effort to save a bubble ridden boom bust economy..

Years ago America became great from importing raw materials from all corners of the globe and converting them into useful products that people purchased .. thus creating wealth ... This is how it should be done in a healthy marketplace..

But Wall street and the corporate raiders of the 80's created a new get rich quick scheme by overvaluing certain industries and commodities and then selling off at an inflated price.

Good stuartship and responsible labor/ management relations went out the window.. and the more me now generation was more than happy to ride the bubbles wall street created....

If America is the be great again.. we need to restore our industries and stop recirculating the old inflated cash from our now service oriented economy..

Keynesian economics does not work in a open global economy with record trade deficits.. its doomed to failure.

Its Keynesian economic thought. and to that end its getting used as a final ditch attempt to maintain a bubble ridden boost bust economic equipment.. Years in the past usa grew to become tremendous from importing uncooked supplies from all corners of the globe and changing them into clever products that individuals offered .. as a effect starting to be wealth ... that's the way it may well be performed in a healthful marketplace.. yet Wall highway and the corporate raiders of the 80's created a clean get wealthy rapid scheme with the help of overvaluing particular industries and commodities and then merchandising off at an inflated fee. stable stuartship and in charge hard artwork/ administration relatives went out the window.. and the extra me now era grew to become into better than satisfied to holiday the bubbles wall highway created.... If usa is the be tremendous lower back.. we would desire to repair our industries and end recirculating the previous inflated funds from our now provider oriented economic equipment.. Keynesian economics does not artwork in a open international economic equipment with record commerce deficits.. its doomed to failure.

Yep pretty much. If the economy was getting better than cool spend four hundred trilion dollars on whatever he thinks will help but the economy isnt getting better

"We have to spend money to keep from going bankrupt"

The current administration is going to spend us into oblivion. Everyone with this mentality must go ASAP - Soros, Pelosi, Reid, Frank, Schwarzenegger (a RINO), Carville et al

It's not his fault! We DO have to spend to get us out of this! It's the people who racked up such huge debts that made this happen, plus the past administration lowering everyone's taxes. They were so low that Obama was forced to raise them!

Well, that's what happens when you elect someone who never understood basic economics. He was a celebrity, and that's it.

Biden made the comment we had to produce more money to keep from going bankrupt....

this question belongs in the "home and garden" section of YA

hooker stabber:

economics? this question is about understanding horticulture.

Where he comes from, yes.