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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 08-21-2011, 05:35 AM   #1
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This sums up Obama' s lack of leadership from a lefty supporter.
http://www.businessinsider.com/jeffr...economy-2011-8

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"So we’re almost three years into this administration and there’s never been a plan and that’s what everybody feels. The president didn’t lead. He waited.*The quintessential image sadly of the administration that I supported and hoped for much better is the president waiting by the phone to hear what Congress calls to tell him. It doesn’t work in this country that way, it’s not a matter that it’s August, it’s a matter that it’s August 2011. So we’ve been drifting for a very long time and we’ve been drifting down now. And we had a short term plan that failed. A short term stimulus that was supposed to get the economy back on track but it failed. And now we have nothing behind it. And we have no agreements and no leadership and frankly, I do think it’s pretty odd the president’s on vacation right now. Normally, I wouldn’t care about such things, but the world markets are in deep crisis. It’s no joke, this isn’t just an August up and down little blip, this is a very serious situation."
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Old 08-21-2011, 10:35 AM   #2
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I bet Obamma is gonna get ate up from his own sharks this election.
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Old 08-21-2011, 11:18 AM   #3
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Whoa! I can hear the death bell knelling in that article! When the left is at the point that they have seen the reality that the stimulus failed, and Obama is without a plan and just dithering . . . where do you suppose the independents and center are at? Of course, people in the Democratic base -- probably this economics professor -- will always vote Democrat, just as I will always vote Republican (there's a thing called Supreme Court justices -- I like those appointed by Republicans better than those appointed by Democrats). But the independents are not bound to vote Democrat. Woe be to Obama if the independents and centrists see the same thing this economics professor sees!

On the other hand . . . it is not necessarily the case that these independents and centrists DO see economic reality as this professor of economics does. He is, after all, a professor of economics. An expert in economics. He is not so readily hoodwinked and deluded by the main stream news media.

At any rate . . . I haven't heard ANYTHING good for Obama's prospects for at least a month or more. The tide is turning very poorly for him. Darn the bad luck! Who wudda thunk it?!!! And why won't people believe it is Bush's fault any longer? That excuse used to work SO WELL, too!
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Old 08-22-2011, 12:18 AM   #4
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Originally Posted by Alsatian View Post
Whoa! I can hear the death bell knelling in that article! When the left is at the point that they have seen the reality that the stimulus failed, and Obama is without a plan and just dithering . . . where do you suppose the independents and center are at? Of course, people in the Democratic base -- probably this economics professor -- will always vote Democrat, just as I will always vote Republican (there's a thing called Supreme Court justices -- I like those appointed by Republicans better than those appointed by Democrats). But the independents are not bound to vote Democrat. Woe be to Obama if the independents and centrists see the same thing this economics professor sees!

On the other hand . . . it is not necessarily the case that these independents and centrists DO see economic reality as this professor of economics does. He is, after all, a professor of economics. An expert in economics. He is not so readily hoodwinked and deluded by the main stream news media.

At any rate . . . I haven't heard ANYTHING good for Obama's prospects for at least a month or more. The tide is turning very poorly for him. Darn the bad luck! Who wudda thunk it?!!! And why won't people believe it is Bush's fault any longer? That excuse used to work SO WELL, too!

Obama's numbers are in the basement, and getting lower. And quite deservedly so. I believe the 'dreamers' of 'hope and change' have gotten a good taste of that manure sandwich...and while idealism can be a wonderful thing, reality also comes around and slaps you in the face like a cold dead mackerel; no jobs...the bills come around every month, and people are awash in debt which they USED to be able to manage, before Gasolene went from a buck-eighty in 2008 to over three-fifty in 2011....and gasolene is not the only thing to go up either...Propane, Natural gas, electricity....all up, thanks to this administration. Credit downgrade...thanks Harry ! Those who are engaged in entrepreneurial endeavors find fewer customers and shrinking profits with greater potential in foreign labor than domestic.... and the president goes to Martha's Vineyard. Sweet gig, eh ? Not much longer tho', it seems, and yet, November 2012 seems so far away.....
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Old 08-22-2011, 09:39 AM   #5
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Quote:
this isn’t just an August up and down little blip, this is a very serious situation.
Oh really??!!
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Old 08-22-2011, 10:59 AM   #6
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More people are starting to realize that government can't fix the problem by itself, just get out of the way of businesses who can create jobs and build the economy.
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Old 08-22-2011, 11:12 AM   #7
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More people are starting to realize that government can't fix the problem by itself, just get out of the way of businesses who can create jobs and build the economy.
CalHunter: I think the following thoughts may be consistent with you position, but I want to clarify slightly. Government cannot solve the problem. They can make the problem worse, however. It isn't enough, however, for them just to stand back with their hands on their hips. There are a number of things government ought to do to both encourage businesses and to send positive signals out to business.

There is a LOT of uncertainty about what the future holds for business. These uncertainties make it imprudent to invest money in new products, new expansions, new hirings. What are the implications of Obamacare to businesses? Uncertain. We are finding out new stuff all the time about Obamacare. On some other threads on this site two teachers have complained about how their health insurance costs went up considerably, because Obamacare is mandating that the health care plans continue to carry children of insured employees out to the age of 26. Will these two teachers have less money to spend in their communities, at businesses? Yes, they will spend less money. What are the implications of regulations imposed by Obama and the Democrats? What are the implications of raising the CAFE standards for vehicles aggressively? What are the implications of raising air emissions standards aggressively on coal fired electrical generation plants? I have heard this will lead to rolling blackouts in Texas. I could see how this would lead to higher electrical power rates. Uncertainty. Do you want to throw your money into the pool without knowing much about the risks involved? I know I don't! What are tax rates going to do? Everytime you turn around Democrats are crying about wanting to increase taxes. Uncertainty. Where is the deficit going? Are we going to tame the deficit or are we headed inexorably down the path of Greece? Uncertainty.

Let the government remove these uncertainties, and you would see a lot of business progress. In the absence of removing these uncertainties, don't expect much improvement in business. Once government has implemented changes that remove or attenuate these uncertainties, yes, let government then get out of the way of business.
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Old 08-22-2011, 09:54 PM   #8
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Quote:
Originally Posted by Alsatian View Post
CalHunter: I think the following thoughts may be consistent with you position, but I want to clarify slightly. Government cannot solve the problem. They can make the problem worse, however. It isn't enough, however, for them just to stand back with their hands on their hips. There are a number of things government ought to do to both encourage businesses and to send positive signals out to business.

There is a LOT of uncertainty about what the future holds for business. These uncertainties make it imprudent to invest money in new products, new expansions, new hirings. What are the implications of Obamacare to businesses? Uncertain. We are finding out new stuff all the time about Obamacare. On some other threads on this site two teachers have complained about how their health insurance costs went up considerably, because Obamacare is mandating that the health care plans continue to carry children of insured employees out to the age of 26. Will these two teachers have less money to spend in their communities, at businesses? Yes, they will spend less money. What are the implications of regulations imposed by Obama and the Democrats? What are the implications of raising the CAFE standards for vehicles aggressively? What are the implications of raising air emissions standards aggressively on coal fired electrical generation plants? I have heard this will lead to rolling blackouts in Texas. I could see how this would lead to higher electrical power rates. Uncertainty. Do you want to throw your money into the pool without knowing much about the risks involved? I know I don't! What are tax rates going to do? Everytime you turn around Democrats are crying about wanting to increase taxes. Uncertainty. Where is the deficit going? Are we going to tame the deficit or are we headed inexorably down the path of Greece? Uncertainty.

Let the government remove these uncertainties, and you would see a lot of business progress. In the absence of removing these uncertainties, don't expect much improvement in business. Once government has implemented changes that remove or attenuate these uncertainties, yes, let government then get out of the way of business.

So, in practice, DEMOCRATS are the HUMAN SPEED BUMPS put up to thwart wealth and success. Sounds right....
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