All these things are true, but I do not believe can cause a recession. A slowdown in bank lending is the reason.”

Sammy – Any guesses on why bank lending slowed down?

LOLOLOLOLOLOLOLOLOLOLOL

Businesses are being burdened every year with ever increasing medical costs but I don’t think that caused the recession either

It has nothing to do with “confidence”, Sammy. It has to do with the fact that businesses were explicitly told that they would have increasing economic costs mandated for employees. And they held off hiring as a result.

I never said that the recession was caused by this. Don’t cause your own confusion about economics to be reflected in strawmen you try to put in my mouth. It had already begun. I’m saying that economic recovery from the recession was stifled as a result.

Obama is pissing all over the integrity of the U.S. government and ruining its international financial reputation.

Well, he could if he doesn’t pay the debt.

I don’t think “confidence” matters, overall. I think only cash or cash equivalents matters

Sammy, Obama and the Democrats spent the entire first year of the recession doing what?

They spent the year telling business how much they were going to be burdened with more health insurance mandates … and then they actually passed the legislation that burdened business with more health insurance mandates.

I don’t believe in “confidence” as a cause of either things getting better or things getting worse in the economy. And Obamacare has not even yet affected anything. Just now a tax went into effect.

Businesses are being burdened every year with ever increasing medical costs but I don’t think that caused the recession either.

I just say that Obama and the Democrats didn’t have the cure, and they preferred to give money to their favorite people, but while that didn’t help, it didn’t really hurt either, except insofar as it prevented something else better from being done, and prevented money from being spent in a way that would have made some sense.

Not to mention environmental mandates that raise the price of energy and other misc. regulatory mandates.

All these things are true, but I do not believe can cause a recession. A slowdown in bank lending is the reason.

And you just ignore that. You just act like a bad economy was just “bad luck”. Oh, gee, the Democrats had bad luck.

When I write in brief it could seem that way. No, maybe there are some things they could have done, or not done, that would have helped the economy grow better. I’m not sure what they are. I do think that what they did do, is mostly quackery, and maybe not even quackery. I also think the Republicans have no answer, or their answers are only quackery. I think an answer needs to be found.