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originally posted by: conspiracy nut
heard these 2 stats on cnn the other day, u.s. deficit is 2/3 paid off under obama & dow jones is at record highs. it can be argued that jobs are on the rise although possibly artificial and most are low paying, also the fact that a lot of people have given up looking. price of oil is very low which is helping peoples budgets. obviously there is an economic boom created by oil in the dakotas and texas, how long will that last?
all in all do you feel the u.s economy is recovering, how long will it last and do you think obama has had anything to do with it?
originally posted by: Eunuchorn
Oh ya, QE worked *exactly* how they wanted it to. We are pretty much guaranteed hyperinflation & total economic collapse within the next 1-10 years.
originally posted by: daaskapital
I think there is no doubt that the economy has recovered under Obama. The statistics i have seen show that many areas of the economy have seen some positive directions while other facets still need to be worked on. That is to be expected.
I think people expect way too much from Obama, and i think he has done a great job with regards to the US economy and domestic/national issues. Not many here will agree with me on that, but it's the truth. Obama has managed to sail the USA through the economic crisis, and he has even moved the state towards social and health reforms which are actually beneficial factors for the people (see Australia, New Zealand, Canada, UK etc).