Is Putin An Economic Genius Compared To Obama?

[Zoar]

Russian Ruble is down 19% compared to the Dollar in just this year!

We know we have a lot of people who love Putin and hate Obama on PJ, I would love for them to explain their position on this economic "scorecard" / "matrix".

And, what is Obama doing "wrong" to have the Dollar have such increasing value compared to the Ruble? (I ask it this way because it is a forgone conclusion that you will say Obama is wrong here for having the dollar increase in strength significantly compared to the Ruble).

 

[Klunker]

Oil prices are falling. That is really hurting the Russian economy which is largely dependant on oil. Putin took over another privately owned oil company this past week and handed if off to his political croney. The drop in oil prices was contributory to the USSR economy failing.
The sanctions have also had an effect on Russia. Putin would be the last to go on record saying Russia's economy was weakened. With the drop in oil prices and the cost of him supplying the Ukraine rebels, Iran, etc. with military armament Putin's economy certainly isn't growing.

But, we know that any positives in the Chinese, Russia, North Korean, Iraqi, Afghanistan, etc. ,etc. etc. economies is all the fault of this POTUS.

 

[Zoar]

Oil prices are falling. That is really hurting the Russian economy which is largely dependant on oil. Putin took over another privately owned oil company this past week and handed if off to his political croney. The drop in oil prices was contributory to the USSR economy failing.
The sanctions have also had an effect on Russia. Putin would be the last to go on record saying Russia's economy was weakened. With the drop in oil prices and the cost of him supplying the Ukraine rebels, Iran, etc. with military armament Putin's economy certainly isn't growing.

But, we know that any positives in the Chinese, Russia, North Korean, Iraqi, Afghanistan, etc. ,etc. etc. economies is all the fault of this POTUS.

But doesn't this prove that continuing a DEPENDENCE on fossil fuels is not very bright at all? Rather than sustainable and an economic basis with many legs to stand on, being dependent on the price of oil is just plain dumb and myopic.

And spending MONEY on making war does the opposite of what you appear to assert. It drives economies and has for hundreds of years. Making war is the easiest money maker and economy stimulator in the book!

The Bush/Cheney economic stimulus plan was invading and occupying Iraq. Anyone with even a base level of understanding of how our economy has "functioned" in the past 120 years knows this. This is economics 101.

 

[Drumcollie]

Really a bad idea to try to mix in genius and Obama in the same sentence...It makes you look Oxymoronish!

 

[Zoar]

Really a bad idea to try to mix in genius and Obama in the same sentence...It makes you look Oxymoronish!

It figures the only thing you can add to this thread is more Obama attack and smear and demonizing. Yes, it figures.

 

[Zoar]

Putin steers his economy to be very dependent on the price of oil and Righties love him SOOO much.

Righties have a great fondness for fossil fuel dependency and they have a great fondness for Putin. So I guess it makes sense even though it shows how ignorant they are (yet again).