Is Obama right wing? (in economic issues)

[Darius871]

Originally posted by KrazyHorse
No.

Care to elaborate?

The only explanations I've heard before are 1) the New Deal, 2) industrial expansion necessitated by WWII arms production, 3) the destruction of Europe's economy by WWII and consequent dependence on American goods, 4) a monetary phenomenon (as mentioned above), 5) a normal and inevitable recovery cycle, and/or 6) Bretton Woods' postwar loosening of trade restrictions like Smoot-Hawtley. Which do you lean toward?

[Ramo]

The fiscal stimulus wasn't large enough till WW II. Whether you want to loop it together with the New Deal gets into semantics.

[I AM I AM I AM MOBIUS]

This forum is not the place for historical facts.

no

[Broken_Erika]

AAAAAAAIIIIIIIEEEEEEEEEE!!!!!!!!! ZOMBIE THREAD! RUN FOR YOUR LIVES!!

[spambot]

wow look at all these people that don't post anymore

[Buster Crabbe's Uncle]

Do I have to, Sava? It's depressing.

[Lorizael]

I checked to see when all these vanished posters last visited and... shiiiiit, I didn't realize Darius and I were the same age. I thought for sure he was older than me. Ugh.

[spambot]

OzzyKP is a staff member and hasn't been online in a month

[Lorizael]

Everyone's a staff member at Poly.

[-Jrabbit]

Not everyone. Y'all live to serve the likes of me!

[Buster Crabbe's Uncle]

Hell, I was for five minutes.

I was good, too.

[ricketyclik]

You just described the Bush Doctrine.

Except that unlike earlier economic stimuli from war, the Iraq War resulted in the "jobless recovery" - GDP went up, jobs didn't.

It was a watershed moment in the ascendancy of neoliberalism (more correctly described as neofeudalism). The likes of Halliburton - coincidentally the company which profited the most from the Iraq war and had Dick Cheney as a CEO immediately prior to him being VP of the US, during which tenure he was one of the most strident proponents of said war, and whose response to the Taliban's attack on the World Trade Center was "How can we make this about Iraq?" - successfully hoovered up all the profits, to the benefit of share holders, not workers. The Bush and Rice families also profited immensely from the trillions spent on that war.

So thousands of US soldiers and nigh on a million Iraqi civilians died for the profit of a few, with nary an extra job in sight.

The US public needs to be educated about conflict of interest. They went on to address jobs and pay/conditions stagnation by electing a president who had made his fortune by exploiting exactly those.

[Lorizael]

If only the average, middle class, working American had profited from the death of a million Iraqi civilians!

[ricketyclik]

Yes, the one silver lining of war has been gobbled up by the 1%ers. Mind you, it was every thus, really, except for a brief moment in the 20th century.