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Top ten things President Obama did to stabilize the economy and help the recovery

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 09:43 AM
Original message
Top ten things President Obama did to stabilize the economy and help the recovery
Ten Obama administration policies that stabilized the economy, are helping the recovery and will contribute to the long-term health of the economy

  1. The Stimulus

  2. Health care reform

  3. Saving the auto industry

  4. Sustainability partnership

  5. Appointing Elizabeth Warren to establish the consumer bureau

  6. Shareholders rules on executive pay

  7. Grants for renewable energy

  8. New regulations on debit card fees and credit cards

  9. Scientific Integrity Directive (America COMPETES Act)

  10. Focus on exports

Austan Goolsbee made a good point on This Week (Jan. 2):


<...>

WHEN ASKED HOW TO GIVE THE ECONOMY A PUSH IN THE RIGHT DIRECTION, GOOLSBEE SAID: "I think the focus has got to be on investment, on exports, and on innovation. And that's...rather than on excessive consumption and housing investment, as it was in the last boom. And I think the president's firmly in that...planted in that camp, and we're going to grow our way out of this."

<...>


Ten things that will speed the recovery and level the playing field for American workers.

  1. Stimulate job creation

  2. Fix the mortgage situation

  3. End corporate welfare (subsidies for polluting industries and tax breaks for outsourcing jobs to other countries)

  4. Invest in America's infrastructure

  5. Complete withdrawal from Iraq and end the Afghanistan war

  6. Address climate change

  7. Increase the federal revenue stream, ending tax cuts for the rich and raising the cap for payroll taxes.

  8. Increase the minimum wage

  9. Fix trade policies

  10. Fix the tax code

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JTFrog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 10:09 AM
Response to Original message
1. K&R!
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 11:27 AM
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2. K & R
:thumbsup:
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mopinko Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 11:34 AM
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3. increase the damn minimum wage.
inject some money into the bottom. rising tides lift all boats, as opposed to trickle down.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-18-11 03:14 PM
Response to Reply #3
9. That definitely needs to happen n/t
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-18-11 03:24 PM
Response to Reply #9
10. right on, ProSense
that's the right thing to say at DU. :thumbsup:
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Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 02:00 PM
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4. Not fixing the mortgage crisis is the reason the economy will continue to suck for a long time.
Stabilized? :rofl:
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 02:20 PM
Response to Reply #4
5. Creating jobs is more important to more people. Still,
the mortgage crisis was always going to be difficult to remedy.

Housing’s Anemic Rebound to Give Little Boost to U.S. Economy

However one wants to qualify the rate of recovery, the economy is certainly improving not getting worse. Stabilized is the difference between a worsening crisis and a recovery.

Had there been no improvement and things had continued along the trend of January 2009, there would be nothing to laugh about.

So there is that.

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pnorman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 03:11 PM
Response to Original message
6. K & R!
n/t
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 03:37 PM
Response to Original message
7. "Focus on exports": your post is good for a laugh, as usual
What American-made products will be purchased by India, again?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 03:40 PM
Response to Reply #7
8. While you're laughing
was this question part of what's funny:

"What American-made products will be purchased by India, again?"



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