Duped into voting for President Obama?

[ProSense]

42. Yes,

"And that was the genius of FDR. He tried things. When they failed, he moved on. FDR tried austerity in 1937. It didn't work. So he turned to serious Keynsian pump priming just one year later, and that worked out pretty well, no? After that, FDR permanently shed his economic conservatism and became a Liberal - for the same reason that Elizabeth Warren (and I) eventually became Liberals - because Liberal policies work better. Plain and simple. "

...FDR tried a policy in his second term, and unemployment climbed back up to 20 percent. He turned it around with the help of a 76-seat Democratic majority. Could you imagine what Elizabeth Warren could do with a 76-seat majority? Such a majority in the last half of the President's first term would have passed this:

The Jobs Program That Wasn’t

Macroeconomic Advisers on the American Jobs Act, proposed a year ago:

We estimate that the American Jobs Act (AJA), if enacted, would give a significant boost to GDP and employment over the near-term.

-The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would:
-Boost the level of GDP by 1.3% by the end of 2012, and by 0.2% by the end of 2013.
-Raise nonfarm establishment employment by 1.3 million by the end of 2012 and 0.8 million by the end of 2013, relative to the baseline

Of course, it that had happened, Obama would be more or less a lock for reelection. Instead, having blocked the president’s economic plans, Republicans can point to weak job growth and claim that the president’s policies have failed.

http://krugman.blogs.nytimes.com/2012/09/08/the-jobs-program-that-wasnt/

President Obama is in the third month of his second term.

The economy is recovering and Republicans are determined to destroy it
http://www.democraticunderground.com/10022505883

Paul Krugman Destroys GOP’s Talking Points On Government Jobs
http://www.democraticunderground.com/10022304886