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Originally Posted by Guest
An interesting and respectful post. Thanks. I'm not exactly an ardent Obama supporter. In fact I entertained voting for Mitt Romney, the original Mitt Romney before he became the "severely conservative" one that was so unconvincing. The 2008 election was a no brainer; the Republican ticket was in Trump's words terrible. However, I have voted Republican before for President, governor, and senator.
Having said that, I sincerely believe we are better off now under Obama than Bush 43. He inherited a mess of two wars and borderline economic collapse and got us through. I understand there are problems in the world, but under whose Presidency weren't there any? The history of the world in the last 100 years can read like a horror story.
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"Got us through"? How, by walking away from the war in Iraq and leaving a void for ISIS and Iran? Improving the economy by more government regulation? The Fed, and the Fed alone, is responsible for the meager, slow-paced recovery that were are currently experiencing.
As you know, the FOMC met yesterday and today and the Fed Funds Rate remains unchanged. Not a positive sign of a healthy ecomony. The Food Stamp recipient rate is up and the labor participation rate is down under Obama. Yeah, what a great "president" he's has been for the economy.