Economy is improving: do we thank Mr. Bush or Mrs. Palin?

[Sally Paulson]

It seems the economy is getting better. This is either proof that the Bush's economic reforms are ending the Clinton Recession, or else it's proof that anticipation of President Palin's economic reforms is causing enough confidence to end Obama's recession. Or is it a bit of both? I wish I bad a great big man-brain to figure all this complicated math-stuff out.

CBS News:

Forty-one percent of Americans now say the economy is improving, up eight points from April and more than at any time during this recession.Just 15 percent think the economy is getting worse....

Bureau of Labor Statistics:

Nonfarm payroll employment increased by 162,000 in March

Bloomberg:

The number of jobs advertised on the Internet in April jumped to the highest level since November 2008, a sign the labor market is on the mend...Companies are boosting staff to meet rising demand as consumers and businesses spend more.

[Bobby-Joe]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

I think it is both Mr Bush's and Mrs Palin's good work that have negated the Clinton-Obama recession. Obama's economic policies are so deeply bad they undermined the economy since 2007 like they let down New Orleans in 2005 with Karina.

However Mrs Palin with have her work cut out for her in 2012 when she is elected. The country still needs to reverse the devastating policies of Jimmy Carter and the Republicans have had only thirty years to undo the damage he did.

[Pastor Isaac Peters]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

The movement to impose same-sex "marriage" on America seems to have lost steam since D.C. legalized it. That surely has something to do with the improving economy.

[Dan...]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

You thank neither. Sarah Palin has had nothing to do with the economic recovery (she's not even in government anymore). It is Obama's reforms that have coincided with the recovery, but even these are mostly unrelated. Free market economies have ups and downs. They grow, then experience recessions. The economic recovery is an inevitable part of a free market economy.

[Cranky Old Man]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

You thank neither. Sarah Palin has had nothing to do with the economic recovery (she's not even in government anymore). It is Obama's reforms that have coincided with the recovery, but even these are mostly unrelated. Free market economies have ups and downs. They grow, then experience recessions. The economic recovery is an inevitable part of a free market economy.

So according to you fixing a broken economy is just a matter of relaxing and waiting for it to happen automatically? Don't you realize you are insulting Sarah Palin who did a lot of hard work to fix our economy?

[Bobby-Joe]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

You thank neither. Sarah Palin has had nothing to do with the economic recovery (she's not even in government anymore). It is Obama's reforms that have coincided with the recovery, but even these are mostly unrelated. Free market economies have ups and downs. They grow, then experience recessions. The economic recovery is an inevitable part of a free market economy.

Nonsense, the Free Mart is the not the problem, the government is the problem. Who is for the government? Democrats. Who is against government? The Republicans. Logically the Democrats have caused the recession with the government enabling policies and the Republicans have ended it by refusing to govern.

[Dan...]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

So according to you fixing a broken economy is just a matter of relaxing and waiting for it to happen automatically? Don't you realize you are insulting Sarah Palin who did a lot of hard work to fix our economy?

No, not automatically. It takes a number of actions to promote economic activity such as enacting an expansionary money policy, lowering interest rates, and increased government spending (all of which were done by most governments around the world). After such policies are put in place though, it is just a matter of time.

I'd also like to point out that you call this "fixing a broken economy" but the economy was not "broken". Quite the contrary, actually. As we do not live in a world of perfectly efficient markets (where there would hypothetically never be a recession), a recession is an inevitable correction after a period of economic growth. Thus, it is actually a sign of a healthy economy correcting itself.

Sarah Palin's work is therefore irrelevant. Barack Obama's work is also more or less irrelevant as monetary policy is not really his decision, although I believe he did increase government spending so that should count for something (although not much).

[Cranky Old Man]

Re: Economy is improving: do we thank Mr. Bush or Mrs. Palin?

No, not automatically. It takes a number of actions to promote economic activity such as enacting an expansionary money policy, lowering interest rates, and increased government spending (all of which were done by most governments around the world). After such policies are put in place though, it is just a matter of time.

Actually you are describing how you break an economy, not how you fix it. To improve the economy a government should spend less money, not more. They should reduce taxes so people can spend their own money instead of the government spending their money for them. A good recent example of a government breaking their economy with spending is Greece.

I'd also like to point out that you call this "fixing a broken economy" but the economy was not "broken".

Sarah Palin's work is therefore irrelevant.

Sarah Palin works to make sure there is less governing which is very relevant for fixing the economy! The very best for the economy would be to have no government at all and just all live by the KJV1611 Holy Bible.