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What are Obama’s plans to address today’s economic mess?

July 2, 2012 by B. Daniel Blatt

Last Thursday, I wondered whether the president “ever cites specific Bush policies when he laments all the problems he inherited from his predecessor.”

In the comments, none of our critics answered the challenge implicit in that statement of wonder.  They did not  point to specific speeches by the incumbent president where he made reference to specific Bush era policies.  They did, to be sure, cite one particular policy, the Bush tax cuts, a policy which President Obama chose to continue when he signed a law in December 2010 to keep the Bush tax rates in place for two more years.

So, they’ve got Obama blaming Bush for creating an economic mess with a policy the Democrat chose to continue.

One critic did lament that “it was going to take a looooong time to dig out of this and 4 years probably weren’t going to be enough.”  And this got me wondering, what specific plans does Obama have to dig us out of the mess that Bush supposedly created?

And how, should he win reelection, could he get a Republican House to act on those plans?  And how do they differ from those policies which were adopted in the first two years of his term?

Filed Under: 2012 Presidential Election, Economy, Obama Watch

Comments

  1. ILoveCapitalism says

    July 2, 2012 at 10:39 pm - July 2, 2012

    Exactly. If Bush’s policies were so awful, why has Obama kept virtually all of them? **

    (**Actually, except for the tax cuts, many of Bush’s policies were awful: his increases in domestic spending and in regulation, for example. But again, Obama loves those policies and has doubled or tripled down on them. How, then, can he blame Bush for anything? He’s like a roaring alcoholic criticizing his ex-wife because she used to have a small glass of wine in front of the kids.)

  2. TGC says

    July 2, 2012 at 11:02 pm - July 2, 2012

    cite one particular policy, the Bush tax cuts,

    I thought it was the wars. Which is it?

  3. Sean A says

    July 3, 2012 at 1:55 am - July 3, 2012

    Tim Geithner has already admitted that the Obama Administration has no plan to address the debt problem; they just don’t like the plans being proposed by Republicans: http://bit.ly/xBLDpo

    As always, the Democrats are exactly what they accuse the Republicans of being: intransigent; obstructionist; without solutions.

  4. alanstorm says

    July 3, 2012 at 8:52 am - July 3, 2012

    “What are Obama’s plans to address today’s economic mess?”

    That’s the funniest thing I’ve read all week!

  5. TnnsNE1 says

    July 3, 2012 at 11:55 am - July 3, 2012

    Plan? We don’t need no stinking plan !! We have “Hope and Change” and “Forward” ! We have sunshine, halos, rainbows, unicorns and best of all, we have hatred !

  6. Sebastian Shaw says

    July 3, 2012 at 9:00 pm - July 3, 2012

    Obama wants more Porkulus 3 for his unions. It’s simple. Nevermind, spreading the wealth hurts America. Obama doesn’t care.

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