Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

cthulu2016

(10,960 posts)
Tue May 8, 2012, 04:16 PM May 2012

You be the President... (A Hypothetical) [View all]

The economy is falling off a cliff. Congress is considering a fiscal stimulus package.

You KNOW these two things:

1) Congress will not pass anything larger than $800-900 billion, half of it tax cuts.
2) If that is the extent of what congress does then the economy will benefit only slightly from the stimulus, and one or two years later unemployment will still be very high and GDP limping.

You know what the economy needs, but it is politically impossible. And because of that unemployment will rise to about 10%.

Knowing that congress is fucking up, and that the Republicans are totally fucking up, and that thanks to republicans and conservadems the economy will not magically recover and the employment picture will deteriorate...

Knowing all of that that, what do you say at the ceremony when you sign (as you must) the package congress puts on your desk?

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»You be the President... (...