Both parties of government have been spending and promote spending for many years. In addition, both parties have enacted legislation to benefit a select group which makes that group dependent upon the government with future generations paying the tab. Both parties do this. Until this trend stops or breaks the bank, our country cannot grow to everyone's benefit.
Republicans refused to pass the jobs proposal last September and corporations have $2 trillion in cash, but are not hiring. This is a demand driven economy, if corporations would each hire a few people, the consumer demand would get it rolling. Hording is causing the problems they fear which causes more hording, we must break this cycle NOW!
How about your beloved senate democrats pass one of the 30 plus jobs bills passed by the house. Oh, I forgot, those bills benefit the private sector; can't have that. And the senate's jobs bill; more police and fireman that local communities have to pay for two years from now, if you think thoses jobs will save economy then you believe that criminals and arsonists are economic stimulus.
TheFoundersLive July 27, 2012 4:43 PM EDT Kind of like Obama does everytime he heads over and starts bowing to everyone. -------------------------------------- common courtesy never was a right wing thing I guess the best thing is to continue flipping them off a la Robmee
hypo, things were better under Bush. Obozo is just spending money we don't have and socializing everything he can get his hands on. That will NOT lead to sustained economic growth.
The Democrats, blue dogs aside, did not have the complete level of control the GOP enjoyed in the early-2000s, such as this:
http://thinkprogress.org/politics/2011/04/14/158424/republican-leaders-debt-limit-hypocrisy/ Yes, they do refer to statistics obtained from nonpartisan sites, even if thinkprogress is deemed 'liberal'.
Why do you elevate people who say things are going to be slow just because it turns out to be true???
That's not at all necessarily evidence that the person has good predictive powers or that they have good analytical skills.
He completely missed the fact that trade policy is fundamentally flawed, and that the economy won't get better until it's fixed, but that once it's fixed things WILL get better.
Just because Jill Schlessinger couldn't at least predict that things would remain slow, doesn't mean this guy's much better. He is a little bit, but he's still not very predictive...
Obama built the foundation of our jobless recovery in conjunction with his democrat buddies during his first two years. The question is, if he wins a second term will he blame his predecessor for the mess he inherited?
Would someone please go to Europe and bring back the Mitt, he is acting like he represents the USA, but in fact is nothing but an embarrassment that nobody wants over there !
I guess Obama must have wasted the one trillion dollar stimulus he said would bring unemployment down to 7%. With a GDP of 1.5%, when you need at least 4% GDP to start a turn around in the economy just shows the failed econonic policies of Obama and his administration. How sad we have someone in office who doesn't believe in the 27 million small business owners and rather gives all the credit to his big government ideas. I guess Obama forgot how we pay for roads/etc and government, it is through taxes that most folks understand are generated through small businesses and hard working people in our country.
Big government is what ended the Great Depression. Building roads, bridges, smart electric grid and other infrastructure needs would employ people. Money to state governments would hire more police, teachers, etc. The reason businesses are sitting on their cash is because people don't have money to spend. Houses are still being foreclosed on because people have lost jobs.
Thomas, "big government" caused the great depression to linger for decades. It was WWII and the rise of the PRIVATE SECTOR that pulled us up. You need to read about history.
It's so crazy to read the comments here because obviously no one has a clue. The economy was devasted by Clinton-Bush policies and will take eight to 10 years from 2008 to recover. It's that simple folks and all the tax cuts and austerity in the world won't change it. The economy has profoundly changed and Americans still cannot grasp that but instead just blame whoever is in power.
by qyeteye July 27, 2012 2:53 PM EDT From the Wall Street Journal "This is why Obama proposed the American Jobs Act in September. This would have strengthened the economy through job-creating and growth-enhancing public investments in education and transportation infrastructure, and by providing support for those most vulnerable and hit hardest by economic pressures. The forecasting consultancy Macroeconomic Advisors and economists at Goldman Sachs estimated last September that the American Jobs Act would increase GDP by an additional 1.5% and create an additional 2.1 million jobs. Moody's economist Mark Zandi warned, "If policy makers do nothing, the odds are very high we'll go into recession next year." -- logic-101
Obsux you're the bonehead as you fail to realize no matter who is in power 70 percent of the economy is consumer driven and people aren't buying. If Mitt wins, he will inject the biggest stimulus package this country has ever seen in order to grease the wheels and the deficit will increase by trillions more.
Nobel economist, Paul Krugman, in his book "End This Depression Now" states that the only way to get out of this recession is for the government to employ people through spending. Let's build the infrastructure that is needed to prepare for a rip-roaring future. The Republicans have stonewalled spending and have dominated thought with their fear of deficits.
"Voted NO on repealing tax subsidy for companies which move US jobs offshore. (Mar 2005)"
Obama voted 'YES' to repeal that anti-free market corporate welfare handout trash, so why don't you zip it with the claim that Obama is communist when it's the actions of his OPPOSITION, YOUR PARTY, THE GOP, THAT ARE APPEASING THE COMMUNIST ENTITIES.
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Kind of like Obama does everytime he heads over and starts bowing to everyone.
--------------------------------------
common courtesy never was a right wing thing
I guess the best thing is to continue flipping them off a la Robmee
But at least it's not a "jobless recovery"...
http://blog.reidreport.com/2011/07/myth-of-progressive-majority/
http://538refugees.wordpress.com/2011/06/22/the-democratic-super-majority-myth/
The Democrats, blue dogs aside, did not have the complete level of control the GOP enjoyed in the early-2000s, such as this:
http://thinkprogress.org/politics/2011/04/14/158424/republican-leaders-debt-limit-hypocrisy/
Yes, they do refer to statistics obtained from nonpartisan sites, even if thinkprogress is deemed 'liberal'.
That's not at all necessarily evidence that the person has good predictive powers or that they have good analytical skills.
He completely missed the fact that trade policy is fundamentally flawed, and that the economy won't get better until it's fixed, but that once it's fixed things WILL get better.
Just because Jill Schlessinger couldn't at least predict that things would remain slow, doesn't mean this guy's much better. He is a little bit, but he's still not very predictive...
From the Wall Street Journal
"This is why Obama proposed the American Jobs Act in September. This would have strengthened the economy through job-creating and growth-enhancing public investments in education and transportation infrastructure, and by providing support for those most vulnerable and hit hardest by economic pressures. The forecasting consultancy Macroeconomic Advisors and economists at Goldman Sachs estimated last September that the American Jobs Act would increase GDP by an additional 1.5% and create an additional 2.1 million jobs. Moody's economist Mark Zandi warned, "If policy makers do nothing, the odds are very high we'll go into recession next year." -- logic-101
And obsux,
how has Obama been socialist?
http://www.msnbc.msn.com/id/3096434/vp/40575006#40575006
Go watch it, I dare you to edify yourself.
As for socialist and communist supporters:
http://www.ontheissues.org/senate/Rick_Santorum.htm#Corporations
http://www.ontheissues.org/senate/mitch_mcconnell.htm#Corporations
http://www.ontheissues.org/john_mccain.htm#Corporations
http://www.issues2000.org/senate/Judd_Gregg.htm#Corporations
http://www.ontheissues.org/senate/jim_demint.htm#Corporations
http://www.ontheissues.org/senate/Orrin_Hatch.htm#Corporations
http://www.ontheissues.org/Senate/Chuck_Grassley.htm#Corporations
amongst others
"Voted NO on repealing tax subsidy for companies which move US jobs offshore. (Mar 2005)"
Obama voted 'YES' to repeal that anti-free market corporate welfare handout trash, so why don't you zip it with the claim that Obama is communist when it's the actions of his OPPOSITION, YOUR PARTY, THE GOP, THAT ARE APPEASING THE COMMUNIST ENTITIES.