You misunderstood my post.
I'm not talk about deficit doubled.
I'm talk about credit downgrade that STARTED in 2011.
S&P downgrades U.S. credit rating - Aug. 5, 2011
Foxrac, you misunderstood TXGolfer. He is not saying the U.S. government is European style, just that Obama wants to follow this style. And TXGolfer is correct.
Yes, and the deficit DOUBLED since the credit downgrade STARTED.
It seems this administration did nothing to prevent the deficit doubling after the credit downgrade they are responsible for.
Both of credit downgrade and deficit doubling are separated issue so that why I don't mention in my post.
You said credit downgrade started in 2012 - that's incorrect, it started in 2011.
Well, blame on the congress.
Re-read my post. I did not say the credit downgrade started in 2012. I said the deficit doubled in May of 2012.
Best Buy business have been not doing very well lately.
Foxrac, you misunderstood TXGolfer. He is not saying the U.S. government is European style, just that Obama wants to follow this style. And TXGolfer is correct.
Yes, and the deficit DOUBLED since the credit downgrade STARTED.
It seems this administration did nothing to prevent the deficit doubling after the credit downgrade they are responsible for.
No, Obama's economic policies are no European style.
It is very difficult to compare between USA and Europe, they just have totally economic policies.
Wirelessly posted
Economics has been and will continue to be a cycle.
Yes.....but those cycles are not naturally occurring. They occur on the whims of men.
You are 100% correct that Obama's economic policies TODAY are not European style because he know that if he tried to get that through Congress he would fail.
However, his mind is still wanting the U.S.A. to have European style. Sometimes, a person CAN'T have what the mind wants.