Obama's Rhetoric is the Real Catastrophe

[I.A.S.K.]

Originally Posted by KSigkid

Also, as Cooramor noted, just because he's "not Bush" doesn't all of a sudden make everything he does positive. At some point a Presidency has to stand on its own, not in comparison to the work of others.

Where is this point? Is it before the first 30 days that a presidency should stand on its own? Not many presidencies stand on their own and not in comparison to others. Obama/Bush. Bush/Clinton. etc. Those that do stand on their own (and even these are debatable) are typically Presidencies that happened during extreme situations. (ex: Lincoln & FDR)


FEAR MONGERING: spreading discreditable, misrepresentative information designed to induce fear and apprehension.

^ This is the definition of fear mongering that I usually use. As per this definition I would not claim that President Obama is a fear mongerer. The information he has spread about the economy is not particularly discreditable nor is it misrepresentative of the situation. The purpose of telling the American people about the economy doesn't seem to be to induce fear. It seems to be to increase the spread of information and to educate the general public. As far as the great depression goes. It is possible. The great depression happened because of a stock market crash and because the American people withdrew from the financial sector. If, today, people started to withdraw all of their money from the banks, the credit system fails, the dollar becomes worthless that would cause great depression # 2. Though it may seem farfetched and scary to many people the fact of the matter is that the dollar only has value because we think/say it does. If enough people are unemployed and have lost trust in the "system" we could see a major failure. Pointing this fact out isn't trying to incite fear. It's trying to keep history from repeating itself. At the current rate I do not believe that the American people will lose faith in or stop trusting the "system", but that does not matter much if these people have no money and no understanding of what is going on. Worst case=Great depression. Best Case=Happiness and free rainbows for all!