When will it end?! (user search)
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  Economics (Moderator: Torie)
  When will it end?! (search mode)
Pages: [1]
Poll
Question: What do you think will happen?
#1
The worst Depression ever, DOW around 800, 30% unemployment, Obama drops the ball badly, does not even run for reelection.
#2
A very bad depression. DOW around 2,000, unemployment around 15-20%, a Hooveresque Obama term.
#3
Severe Recession. 3-4,000 DOW bottom, 15% unemployment. Obama gets trounced.
#4
Bad recession 12% unemployment, 5-6,000 DOW bottom. Obama has a chance at re-election, but thinks aren't that great in the world.
#5
The Economy will recover within Obama's term, be at 2004-5esque levels. Obama wins reelection by a decent margin
#6
DOW reaches a new high by the end of Obama's term. Reagenesque victory
#7
Huge increase in economy, a new definition of landslide for the president.
#8
What are you talking about? The fundamentals of the economy are still fine.
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Partisan results


Author Topic: When will it end?!  (Read 8473 times)
ChrisFromNJ
Sr. Member
****
Posts: 2,742


Political Matrix
E: -5.35, S: -8.61

« on: March 02, 2009, 06:52:39 PM »

Dow hits bottom at about 4000, and a slow recovery has gone underway by 2012. It is at about 5000 by election day.

The economy is still dreadful compared to 2006/2007, but people give him credit for stabilizing the situation. He wins a landslide against an extremist and out of touch opponent.

Dude if the Dow is 5000 on election day 2012, he is going down in a landslide against whoever his opponent is. 

Not true.

If there is any hint of recovery from the situation he inherited, he will win and he will win big.
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ChrisFromNJ
Sr. Member
****
Posts: 2,742


Political Matrix
E: -5.35, S: -8.61

« Reply #1 on: March 02, 2009, 07:24:11 PM »

Dow hits bottom at about 4000, and a slow recovery has gone underway by 2012. It is at about 5000 by election day.

The economy is still dreadful compared to 2006/2007, but people give him credit for stabilizing the situation. He wins a landslide against an extremist and out of touch opponent.

Dude if the Dow is 5000 on election day 2012, he is going down in a landslide against whoever his opponent is. 

Not true.

If there is any hint of recovery from the situation he inherited, he will win and he will win big.

Let me try to understand what you are saying.

If there is an unemployment rate of 12% and the stock market plunges to 5,000 (it gives me the chills just thinking about this), Obama can just blame everything on Bush and win 2012 in a landslide?  Sorry, but Obama is going to eventually have to take responsibility.

My point is that if this deep recession evolves into an even deeper recession in years 2010 and 2011, but we begin to recover in 2012, Obama stands a big chance of winning his election, probably by a wide-margin. Sure, the Democrats will likely take their beatings in the midterms, but if there is a large recovery starting in late 2011 or early 2012, President Obama will benefit from it politically.
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ChrisFromNJ
Sr. Member
****
Posts: 2,742


Political Matrix
E: -5.35, S: -8.61

« Reply #2 on: March 02, 2009, 08:36:45 PM »

"Bad recession," unless the economy stabilizes by September, Obama and the Democrats have big, perhaps generational, problems.

Hahaha... what?

I don't even know where to begin here.

Your premise is that if the economy does not improve by September, Obama will lose re-election regardless of what happens over the next 3 years?

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