So with GDP growth SLOWING to 1.5%...
- Thread starter Lukey
- Start date
Boca
Governor
Lukey...it's workin' for him and that's what he cares about.
Limbaugh pointed it out the other day...Unemployment doesn't matter and the President won't lose the electon on it..
He was referring to the millions added to the Food Stamp roles and the overt efforts of the FDA to "recruit" them. He was also referring to the 47 million or so who pay no income taxes, and those who pay no income tax and recieve a tax refund. And then there are the millions added to Federal Disabilty...don't have the numbers, but sharply up in the last 4 years.
Don't believe it? Well, think about the anecdotal evidence......in 1992 "It's the Economy, Stupid" worked for Clinton and Democrats. It doesn't work anymore, for the simple reason that in the 20 intervening years, untotaled millions more Americans have little or no personal interest in the economy.
To many of them all GDP means is, "G'damn'Publicans!"
Limbaugh pointed it out the other day...Unemployment doesn't matter and the President won't lose the electon on it..
He was referring to the millions added to the Food Stamp roles and the overt efforts of the FDA to "recruit" them. He was also referring to the 47 million or so who pay no income taxes, and those who pay no income tax and recieve a tax refund. And then there are the millions added to Federal Disabilty...don't have the numbers, but sharply up in the last 4 years.
Don't believe it? Well, think about the anecdotal evidence......in 1992 "It's the Economy, Stupid" worked for Clinton and Democrats. It doesn't work anymore, for the simple reason that in the 20 intervening years, untotaled millions more Americans have little or no personal interest in the economy.
To many of them all GDP means is, "G'damn'Publicans!"
Lukey
Senator
I don't know. Tens of millions of baby boomers have seen their retirement dreams dashed and tens of millions more young folks are seeing their career goals disappear. Some of them are willing to drop into the slow swinging hammock of socialism and go on disability or continuing to borrow to finance further education that isn't going to get them anywhere. Those ones will vote for the President. But I'm betting they are the minority.
Boca
Governor
I hope yer right and I happen to believe ya are. But we're damn close to the tipping point. Fact remains "It's the economy Stupid" is fallin' on a lot of deaf ears these days. Hell...libs around here have forgotten it. The economy just doesn't matter to 'em...well, mebbe it does to some, but they've got so much personally invested in their choice of Obama they just don't care this year.
Woolleybugger
Mayor
austerity works wonders don't it?
Lukey
Senator
LOL! $1.5 trillion deficits are not "austerity" on any planet that I am aware of.
Sgt Staples
Mayor
If Liberals call spending Ten Thousand Million dollars per day, each and every day, "Austerity," how much more would we need to spend to have "Prosperity?"
I guess we could put everybody on food stamps, unemployment and housing subsidies and the top 10 percent of the population (the Bourgeoisie rich) can pay for it all.
Who cares if they tried that in North Korea, the USSR and Cuba; I'm sure Obama can get it to work. He sure as hell is trying. I mean his mother was a communist and his father was a marxist and his mentor was Frank Marshall Davis, another communist and David Axlerod and Valerie Jarrett, as well as other high ranking members of the administration all have ties to the communist party.
That's why Obama sounds like Fidel Castro every time he opens his mouth.
He's a freaking disaster. Expanding the welfare state while at the same time condemning the people that finance it.
Even the American economy isn't strong enough to compensate for this kind of deliberate destruction.
I wish the Republicans would give the Democrats their way and let 'em raise taxes on the people that make 200K+ and point out what will happen when they do.
Then the whole damn system can collapse and we can be free of this idiot.
What a Jerk.
KnotaFrayed
Mayor
With people working against him every step of the way, who would expect things to get a whole lot better? If they did get better, that would be bad news for those that oppose Obama and probably mean another four years for Obama, but some people are so "smart" they would rather make their fellow party members and Americans suffer and vote against improving things so that they can have a reason to suggest they would do a better job as if they somehow actually believe no one noticed or can remember what happened during the last administration.
If they can find enough people that are ignorant enough and forgetful enough of the events that occurred under the previous administration more power to them and Lord help us all.
http://www.youtube.com/watch?v=W-A09a_gHJc
http://online.wsj.com/article/SB10001424052702303815404577331660464739018.html
http://online.wsj.com/article/SB10001424052702303990604577367881972648906.html
http://online.wsj.com/article/SB10001424052748704821704576270783611823972.html
http://www.zerohedge.com/news/us-companies-are-furiously-creating-jobs-abroad
Asking why things are not better is kinda like peeing in your pants then asking why your pants are wet and hoping someone might take you seriously.
YouCantHandleDaTruth
Governor
Year over year GDP growth is not down..
Thx
Thx
Lukey
Senator
Quarterly growth is slower than it was. If Obama's economic policies were working and things really were "getting steadily better" as he has claimed, quarterly growth would be accelerating, not declining.
Lukey
Senator
The President had a very compliant Congress for the better part of his first two years in office. He could (and did) get everything he wanted. Why is it he chose to focus on passing job killing legislation?
LeRoy_Was_Here
Senator
LeRoy: GDP growth was in fact better during most of his first two years....which you seem to have acknowledged in your previous post, where you said GDP growth is declining. It is in the last two years that the Republicans in Congress have blocked virtually EVERYTHING the President was trying to get done. That all would suggest to a reasonable observer that his policies were working, but then the Republican Party made a political calculation that they would need to block every effort to improve the economy in the last two years of his (first) term in office, if they were to have any chance of winning the Presidential election in 2012.
Sabotaging the national economy doesn't seem like a very patriotic thing to do, but to many of us out here, it seems like that is exactly what the Republicans have done.
Lukey
Senator
What parts of his legislative successes from his first two years did the Republicans manage to repeal?
Yuri Zhivago
Mayor
Which policies that would be in the last 2 years since we got the repub congress?
Yuri Zhivago
Mayor
well, they manage to block every proposal to improve the situation, they manage to cost US billion dollars for the idiocy on debt ceiling.
that is just in a first few seconds, i can find and recall more of reality, not the phantasmagorically alien world of retarded Martian libertarians they inhabit
that is just in a first few seconds, i can find and recall more of reality, not the phantasmagorically alien world of retarded Martian libertarians they inhabit
wobblies
Mayor
Perhaps, Lukey, you can explain why all of those businesses aren't hiring people after a decade of the GWB tax cuts. I know that you also talk about businesses being regulated, but even most Conservatives acknowledge that we have a right and need for basic regulation. Many international corporate leaders make more money from the labor of average Americans than most of them will earn in a lifetime, yet they whine about insecurity. Poor babies but why then does the GOP leadership try to default on our national obligations?
Really, why aren't they hiring people? Interest rates are down. Labor prices are down. There is a pent up demand for home buyers but the market is threatens that most American dream. Families can't take a chance on a committment to pay off a large mortgage if employers won't offer them some economic securty.
Employers are hiring because the premise of the GOP economic argument is false. It is effective demand and not low taxes that generate jobs. Democrats warmed GWB of this very problem when he first passed his legislation, so it's not like one needs to make the point again.
By the way, your argument repeats the myth that all of these job losses are the result of Democratic instead of Republican policies. Furthermore, the current politically correct position that government spending is not affective is refuted by centuries of history. See, for example, LeRoy's post of Governor Romney's support for government intervention to stimulate job and economic growth.
God Speed and Go USA
David
Really, why aren't they hiring people? Interest rates are down. Labor prices are down. There is a pent up demand for home buyers but the market is threatens that most American dream. Families can't take a chance on a committment to pay off a large mortgage if employers won't offer them some economic securty.
Employers are hiring because the premise of the GOP economic argument is false. It is effective demand and not low taxes that generate jobs. Democrats warmed GWB of this very problem when he first passed his legislation, so it's not like one needs to make the point again.
By the way, your argument repeats the myth that all of these job losses are the result of Democratic instead of Republican policies. Furthermore, the current politically correct position that government spending is not affective is refuted by centuries of history. See, for example, LeRoy's post of Governor Romney's support for government intervention to stimulate job and economic growth.
God Speed and Go USA
David
ITALIA
Mayor
Compared to negative 9% GDP under a Republican administration the Obama economy looks pretty good.
Lukey
Senator
But he got what he wanted. If it had worked he wouldn't have to have new stuff passed - we'd be rocking and rolling by now. Are you admitting that the policies he got passed failed and he now needs to have new policies put in place for the economy to (finally) recover? Because I would agree with you. Unfortunately, all he wants to do is double down on his original policies. That's why we need to replace him with someone who will do something different.
Lukey
Senator
If the policies had worked, they would still be working. It is complete BS to suggest his policies worked when the Democrats controlled Congress but now that the Republicans control the House, those very same policies now, for some reason no one can define, have suddenly stopped working. That is absurd!
ITALIA
Mayor
Do something different? All I hear from Romney is he will repeat Bush the lesser on steroids. No thanks we tried that.
