Obama Knew…. He’s Through.
As I speculated in my post last night, the winds was out of Obama’s sails during his now-widely panned convention speech. Not only was it a mere rehash of all of the speeches he’s given since 2008, Obama knew about this morning’s awful jobs reports. It’s not just awful, it is downright disastrous. It is the worst jobs report of the year and continues a backwards slide.
FACT: We had entered a Recovery BEFORE the 2009 Stimulus was passed. Ever since that law was implemented, and Obamacare was passed, our economy has been in a long, slow slide into oblivion. Today’s news confirmed it. These are the facts, folks. It cannot be denied. Obama had full control of the goverment from 2009 to 2011 and so we are living in HIS economic infrastructure.
And it is an unmitigated disaster.
The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000.
In July, there were 155,013,000 in the U.S. civilian labor force. In August that dropped to 154,645,000—meaning that on net 368,000 people simply dropped out of the labor force last month and did not even look for a job.
There were also 119,000 fewer Americans employed in August than there were in July. In July, according to the Bureau of Labor Statistics, there were 142,220,000 Americans working. But, in August, there were only 142,101,000 Americans working.
NINETY MILLION AMERICANS ARE NO LONGER IN THE WORKFORCE? And someone will try to defend the economic & Obamacare policies as HELPING? I call “bullshit” from now to November.
But wait, folks…. there’s more!!! Obama has completely gutted the future of those who believed in him the most in 2008: Young Americans.
For most Americans, today’s jobs report was merely bad. For young people, though, the news was just downright awful.
After declining for most of the summer, the unemployment rate for workers between the ages of 16 and 19 popped up again, rising from 23.8 percent to 24.6 percent. Among 20-to-24 year olds, it hopped to 13.9 percent from 13.5 percent in July.
I honestly was NOT expecting the news to be THIS bad. I figured another middling employment gain of 150-200K which could bolster the phantom idea that “things are getting better.”
Today, the bottom fell out of Obama’s re-election. He was already standing on a rotted platform.
-Bruce (GayPatriot)
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Join me! Until the election, end every post with “Obama’s U6 Unemployment is over 15%”
Comment by GJPinks — September 7, 2012 @ 12:47 pm - September 7, 2012
He supports gay marriage……supposedly. Isn’t that all that matters? (Note: comment is sarcasm)
Comment by Tom — September 7, 2012 @ 1:12 pm - September 7, 2012
You remain more optimistic than I. Obama may know he’s a failure, but so was Jenny Granholm (the insane woman who screeched about the auto industry last night like Carol Brady on bath salts.) But she handily won reelection by invoking class warfare against a successful Republican businessman.
Hes a failure, but plenty will vote for him because they’d rather watch America die than let a capitalist Christian save her.
Comment by V the K — September 7, 2012 @ 1:28 pm - September 7, 2012
I’m with V. I believe an r-R win is quite possible; but I’ll believe the fact when I see it. Yes, Obama is a failure and now dejected; but many Americans are that dumb. (Or that smart, if they are on the Big Government gravy train.)
The polls show a dead heat. There may be a ‘Shy Tory’ effect, and widespread over-sampling of Democrats, or other effects that understate the support for r-R. Then again, maybe not. And there may be an October Surprise coming from Obama.
Comment by ILoveCapitalism — September 7, 2012 @ 1:39 pm - September 7, 2012
Here some good news :
My partner and I will be out of the country for this election. Every time we leave the country during an election something good happens. The last time our state went from a D, Gov., House and Senate to an R Gov., House and Senate for the first time since 1964. Before that Scott Brown was elected (I know not quite overwhelming new but still).
Does that make anyone feel better? haha
Comment by TnnsNE1 — September 7, 2012 @ 2:09 pm - September 7, 2012
I’m in the crowd that sees determined voters on the Romney side far outnumbering the die hard Obamanauts.
Obama has been reduced to: “If you love me, you will walk on fire to vote for me.”
I don’t see the weeping idolators swooning at the mention of the Obamessiah. Until those million flowers bloom, Obama is just yesterday’s news.
The Democrat Party is either all in for the Obama lunacy or there is a huge group within it that is looking at 2016 and hoping to bring the party back to sanity.
Clinton damned Obama with faint praise and pumped out all sorts of very dubious successes and statistics that are all little land mines that Obama will have to deal with.
Comment by heliotrope — September 7, 2012 @ 2:18 pm - September 7, 2012
here’s hoping and praying people, we need to save this beautiful country from the “gimmee” loons. I was hoping that the teleprompter would break lastnight, but a crappy uninspiring speech is even better, then he can’t blame it on anything but himself. Oh, wait he’ll blame someone…..
Comment by Leslie — September 7, 2012 @ 2:47 pm - September 7, 2012
“then he can’t blame it on anything but himself.”
He didn’t write that !!!
Comment by TnnsNE1 — September 7, 2012 @ 3:15 pm - September 7, 2012
Horrible youth jobs numbers…
ST and I both earlier referred to the awful August jobs report released today. For a detailed (and dismal) analysis, James Pethokoukis is a must-read. But I want to highlight one particular aspect (via Gay Patriot) reported on by Jordan Weissman in Th…
Trackback by Public Secrets — September 7, 2012 @ 3:54 pm - September 7, 2012
#4 – That’s funny. John and I seem to have a track record of trips and elections too. I haven’t seen a correlation but now I’m going to go back and figure out if our out-of-country trip in early October will help, too!
LOL
Comment by Bruce (GayPatriot) — September 7, 2012 @ 4:37 pm - September 7, 2012
But people who should know better will vote for him because they’re convinced that a vote for Romney is a vote to enslave blacks, kill gays and chain women in the kitchen, barefoot and pregnant from rape*.
* = taking the reductio ad absurdum position
Comment by perturbed — September 7, 2012 @ 4:59 pm - September 7, 2012
And stay out. ;-p
Comment by TGC — September 7, 2012 @ 6:08 pm - September 7, 2012
Rush had pretty much the same take that you have in your post. He had an interesting take and analysis. That said, I will have to agree with V the K and ILC – there is way to much corruption and chicanery in the US voting system. Not the machines, but the people who count and report the numbers. It really concerns me about the possibility of “stealing” the election. The cornered rat that he is will stoop very low to stay in power.
The only answer to the corruption is a landslide – we can only hope on that.
Comment by mixitup — September 7, 2012 @ 6:15 pm - September 7, 2012
Hey Bruce.. not only was Obama rehashing some of his past speeches, last night.. but as Rush Limbaugh proved today, a lot of what Obama said during his DNC speech was vintage ‘Jimmy Carter’ 1980, and Obama repeated it damn near verbatim, too.
Comment by Spartann — September 7, 2012 @ 6:55 pm - September 7, 2012
While I see V the K’s point vis a vis Granholm playing the class warfare card and electoral success in Michigan, I don’t see it a applying nationwide. Michgan has, for a long time been a hardcore, reliable bastion of liberalism–it is, after all the home of Detroit. America itself, has for my 43 year lifetime been more right-leaning (1976 and 2008 notwithstanding)–especially when it comes to the Federal Election: In the history of our great nation, there have been only 3 Democrat Presidents who have won re-election as the incumbent. (Wilson, FDR and Clinton)
America is in the midst of trying to get the nasty taste of Hope and Change brand Kool-ade out of its mouth. I remain optimistic. (but not pollyanna-ish…)
Comment by AF_Vet — September 7, 2012 @ 8:03 pm - September 7, 2012
I’m going to be a bit contrary to many of the posters who I usually agree with, get ready V the K. I have more faith in the American people than a lot of you do, and I still believe we are basically a descent and honorable lot, even if some of us have gone off the left’s deep end. As long as most Americans can still say “You can’t do that to me” we have reason to hope. I believe the best of the American people will show up on Nov 6 and reject this philosophy of government dependence and victimhood. As a gay man, and an old gay man at that, I’ve survived by living by the best that I was taught as a child, be independent, make your own way in the world, and stand free and proud. I saw the American people rise and strike back against the statists in 1980 and I expect to see them rise to the occasion again in 2012. We are a wonderful and exceptional people and we will not let our nation disappear down a hole of socialism. Maybe I’m an optimist, but I truly believe the best days of our nation are yet to come.
Comment by John in Dublin — September 7, 2012 @ 8:36 pm - September 7, 2012
So when Obama came into office we were losing 750,000 jobs a month. Now we’re gaining a little less than 100,000.
Are we better off? You know the answer to this question. All the partisan chicken squawk in the world can’t argue with the numbers.
Comment by Another_Jeremy — September 7, 2012 @ 9:21 pm - September 7, 2012
[...] Patriot thinks he knows why Obama’s speech was so flat, last night: Obama Knew…. He’s Through. As I speculated in my post last night, the winds was out of Obama’s sails during his now-widely [...]
Pingback by Paul Ryan: “Obama’s good at Giving Great Speeches, He’s Just Really Bad at Creating Jobs” Obama: “Businesses Added Jobs for the 30th Month in a Row!” (Video) « Nice Deb — September 7, 2012 @ 10:06 pm - September 7, 2012
Oh yes, the numbers.
You would know all of this if you actually had researched, Another_Jeremy, or if you were even capable of intellectual inquiry.
But as we know, you’re nothing more than an ignorant talking-points shill who repeats whatever Obama tells you to repeat and screams that anyone that disagrees is a racist.
Comment by North Dallas Thirty — September 7, 2012 @ 10:36 pm - September 7, 2012
Obama still has a 40% chance at victory. Why may you ask? Well, 47% of the population doesn’t pay federal income taxes and well more than a third receive govt aid. Most of those people love the free ride they are getting, so Obama is not out of it.
Obama’s ultimate goal is for 55% or more of the people to be living off the govt. That will make a permanent Democratic control of our govt and lives.
Comment by davinci — September 7, 2012 @ 11:24 pm - September 7, 2012
“15.So when Obama came into office we were losing 750,000 jobs a month.”
It was a one month spike in December. Why do you insist on making it sound like it was some sort of consistent trend?
Comment by AF_Vet — September 7, 2012 @ 11:55 pm - September 7, 2012
John in Dublin: I agree with you (re: “I saw the American people rise and strike back against the statists in 1980″). It seems like every 30 years or so, we go through a phase where collectivism seems like a good idea (’76, ’08), and after realizing it’s a crap ideology, we snap out of it and come to our senses.
Comment by AF_Vet — September 7, 2012 @ 11:59 pm - September 7, 2012
I say this as a Canadian who has long respected what the United States stands for. Considering what the economy was like at the depth of the recent recession, the slight improvement (if you could call it that) that you have seen under Obama is not something Americans should tolerate if they believe in the values on which the country was founded. The United States should be about exceptionalism. That is what made it such a great country in the first place, and that is why I respect it. But, if you want to be mediocre like France, by all means, vote for Obama. Having said that, I guess a Romney administration would only be about as mediocre as Canada (which would be better than France, at least).
Comment by Rattlesnake — September 8, 2012 @ 12:05 am - September 8, 2012
“I guess a Romney administration would only be about as mediocre as Canada”
‘Mediocre like Canada’ would be much more preferable than to be exceptional as many other countries. Including our current state under ObamAA+.
Comment by AF_Vet — September 8, 2012 @ 12:15 am - September 8, 2012
Hey Rattlesnake–don’t put your country down! You have an actual LEADER in Stephen Harper. And, by the way, big props for dropping diplomatic relations with IRAN.
Comment by Bastiat Fan — September 8, 2012 @ 12:31 am - September 8, 2012
Canada is a great country and (from what I can tell based on my current knowledge) it is currently superior to the United States institutionally. It shouldn’t be, considering the United States was founded on the ideal of constitutionally limited government, while Canada wasn’t (unfortunately), so I guess that is an indication of how far the United States has fallen.
Stephen Harper is doing a good job on foreign policy, especially considering the lack of leadership from the United States (although, I’m kind of surprised Canada still had diplomatic relations with Iran up to this point). He’s not doing such a great job on domestic policy, in my opinion (he actually reminds me, sort of, of George W. Bush) (but it’s not like the far-left NDP (the Official Opposition, which is scary) would not completely destroy Canada’s economy like they did BC’s when they were in power there, so much so that the NDP couldn’t even win over the very unpopular incumbent (and their only significant competition) 8 years after they left office). What I would really like to see from him is granting the provinces more autonomy so Alberta could implement more conservative policies, which I’m sure it would. But I digress…
That is true; Canadian mediocrity would be an improvement over the current state the United States is in. And if it continues on its current path, French mediocrity would be an improvement (of course, by that time, I’m sure France will be much worse than mediocre).
Comment by Rattlesnake — September 8, 2012 @ 12:57 am - September 8, 2012
“it is downright disastrous”
Nah. It’s only a disaster if they can’t spin it. If they can keep people focused on the hocus-pocus “decline” in the rate they’ll be fine.
Rasmussen gives Obama a two-point advantage over Romney this morning. We have a lot of work to do yet.
Comment by creeper — September 8, 2012 @ 9:44 am - September 8, 2012
I’ll take Canada over France any day.
Comment by Bruce (GayPatriot) — September 8, 2012 @ 11:12 am - September 8, 2012
Obama said he “strengthened” Medicare by cutting $716B from it. Let’s use that same strategy to “strengthen” all of our Federal programs.
Comment by V the K — September 8, 2012 @ 11:55 am - September 8, 2012
Many Americans usually don’t begin to pay attention to presidential political campaigns until the debates, even, apparently, the unemployed. Conventions are meant to rally bases, not appeal to the broad swath. As such, both were probably successful.
Comment by Ignatius — September 8, 2012 @ 12:20 pm - September 8, 2012
Bruce @24: AGREED. I love Canada…and it’s not that long of a drive for me to get to one of the most beautiful cities in the world: Vancouver, B.C. (I live in the OTHER Vancouver–in Washington state.) They’ve done some really smart things up there: they never had a housing “bubble” like we did. Wanna know why? They don’t have the mortgage deduction for housing, AND they have VERY STRICT RULES about financing houses, like governing the $ percentage you have to put down to buy a house. No “Dodd-Frank” bullshit for them.
Comment by Bastiat Fan — September 8, 2012 @ 1:34 pm - September 8, 2012
Also: PUTINE. One of Canada’s single greatest contributions to humanity. I’d be interested in hearing rattlesnake’s thoughts on that! lol
Comment by Bastiat Fan — September 8, 2012 @ 1:35 pm - September 8, 2012
Clinton explained very clearly how the Medicare $716B was moved strategically to substitute a loss and waste situation with a double return that covers the initial reduction by raising its effective gain with actual parity in the seeming withdrawal.
He applied the Three Card Monte Rule.
Just thought you should know.
Comment by heliotrope — September 8, 2012 @ 2:36 pm - September 8, 2012
Yes, Canada is beautiful. I grew up one of the most beautiful places in the world; the Canadian Rockies. I don’t get out to Vancouver much, but it is also very beautiful, as is Calgary (my current home). Another very beautiful area is the Okanagan.
Canada’s healthcare system is quite problematic, but another good policy Canada has: identification is required to vote.
The only poutine I’ve ever had was from A&W. I don’t like gravy, so I didn’t think it was very good.
Comment by Rattlesnake — September 8, 2012 @ 2:43 pm - September 8, 2012
Stanley Kurtz and Andrew someone-or-other are very pessimistic this weekend… I feel it’s important to read that stuff….uncomfortable as it is.. Not sure if anyone else here saw that.
Comment by Kaye — September 8, 2012 @ 7:58 pm - September 8, 2012
I am also pessimistic simply because I’ve seen to many terrible Democrats win re-election: Jenny Granholm, Harry Reid, Deval Patrick…
Comment by V the K — September 8, 2012 @ 10:38 pm - September 8, 2012
A very close friend of mine visited me when the Obamacare Supreme Court decision was announced in June. He said that Obama would win in November, and today, he felt that Obama would win because there are so many moochers and non taxpayers in the US. He could be on to something, but I think Romney will squeak out a victory as gas prices continue to rise and job growth is anemic.
Comment by davinci — September 8, 2012 @ 10:52 pm - September 8, 2012
Canada requires voter ID? RAAAAAACISTS!
“…there are so many moochers and non taxpayers in the US…”
Exactly.
Comment by alanstorm — September 9, 2012 @ 8:15 am - September 9, 2012
At the risk of sounding like a jerk, if you’re feeling pessimistic then GET YOUR ASS UP OFF THE COUCH AND WORK LIKE HELL TO HELP GET OUR CANDIDATES ELECTED. I’m a graphic designer with 20+ years of experience, and I’ve been unemployed for 8 months now, thanks to President Downgrade and his marxist ideology. BUT I’M DONATING TIME AND TALENT to help get conservatives elected. I’ve done posters and event collateral for Mia Love in Utah as well as some Google ads for Sean Bielat in Massachusetts. Stop whining, and GET BUSY helping to get people elected who will help undo this miserable failure of a president’s legacy.
Sorry for the rant, but I refuse to be a pessimist. AND I’M HELPING THE CAUSE. You can, too.
Comment by Bastiat Fan — September 9, 2012 @ 12:36 pm - September 9, 2012
Those of us who believe in pro-creation do so to make more voters. Leaving the issues of Life and Death to the ‘Creator’ and the processes of ‘living’ to the various ‘bureaucracies’ able to finance those things we do.
Comment by Charles Glasgow — September 9, 2012 @ 1:43 pm - September 9, 2012
Bastiat Fan – then you will like this article: http://www.nationalpolls.com/stories/2012/0905-univ-colorado-prediction.html
As I said in #13 above, my concern is the inherent corruption in the voting system, not the viability of RomneyRyan. I agree with the article referenced above – and think we could have a landslide victory for R&R.
That said, there is nothing wrong with a little pessimism – keeps one on their toes and not get overconfident.
Sorry to hear of your unemployed situation. Have a friend who found himself in a similar situation. he went independent and is doing well designing business cards, marketing brochures and websites for small business clients. I wish you well – and yes, when we expel Obama, the countrywide business community will explode with demand.
Comment by mixitup — September 9, 2012 @ 3:36 pm - September 9, 2012
@ North Dallas
Here’s a little advice about intellectual inquiry. Find a non partisan analysis if you want it to havea ny credibility. No real analysis of the economy would repeatedly use the word awful in what should be an objective evaluation .
When Obama took office the economy was hemorrhaging three quarters of a million jobs each month. It is now gaining jobs, albeit at a glacial pace. Explain to me how the policies of Mitt Romney differ from those of GW, which were largely responsible for the current economic blowout. Why are you voting for a man who believes the government can’t create jobs, yet he wants to be appointed to the highest government office in the land to do just that? What jobs have been created by the Republicans in Congress? I thought that was their number one priority. I guess if you include the jobs bill they blocked, -1,000,000.
Conservatives have no credibility when it comes to fixing the economy. All of the tenets of their mythological fiscal policies have been in place for over 30 years, and yet wages have been stagnant and/or declined during this same period while the rich are richer than ever. Hmmm. So I guess we should tear down the handful of regulations that weren’t already shredded by wall street lobbyists and lower taxes even more. Let’s go with the guys who sat on its hands the past four years in an effort to beat the President. Better them than the man who has made marginal improvements despite fierce opposition from a party that (besides not even pretending to have a cohesive political ideology) would sooner see the country on fire than acquiesce on even the most common sense issues.
Sounds like a plan to me. God bless America.
Comment by Another_Jeremy — September 9, 2012 @ 7:15 pm - September 9, 2012
#42: “Explain to me how the policies of Mitt Romney differ from those of GW, which were largely responsible for the current economic blowout.”
Another_Jeremy, since you’re the one asserting that the policies of GW were ‘largely responsible for the current economic blowout,’ please identify the specific policies of his Administration that you’re referring to. For four years Obama and the Democrats have blamed the financial meltdown on Bush and the GOP, so I assume this won’t be a problem.
Comment by Sean A — September 9, 2012 @ 8:09 pm - September 9, 2012
#42 – Explain to me how the policies of Mitt Romney differ from those of GW, which were largely responsible for the current economic blowout.
Wow, it is incredible how monumentally uninformed or stupid libs like you are still stuck on blaming Bush for the credit blow out. You want non partisan analysis, yet you are blind to all that has been written over the years. There have been numerous articles and books written by non partisan authors and periodicals. There were articles in Vanity Fair, N.Y Times, and many other non partisan environments.
But, let me show you one article that should have you turn tail. http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html
Please note the date: 9/30/1999 – Gee – Bush wasn’t even elected yet!!! Second: Note the publication – New York Times – no friend of Republicans. Next, read the article from top to bottom. Funny isn’t it, the article outlines COMPLETELY what was going to happen 9 years later. It also outlines COMPLETELY who is REALLY responsible for the the “Housing Bubble.”
Your post is so full of shit as well. You didn’t mention that no Democrats voted for Obama’s jobs bill!!! I think it was two times also.
There are so many other stupid statements in your post, but you are boring since all of your post has been proven false by so many commentators that you really don’t deserve the time.
Comment by mixitup — September 9, 2012 @ 9:02 pm - September 9, 2012
A lot of you folks are kidding yourself on this Obama doomed stuff.
Stop with the Carter was even, Dukakis was up 15% stuff. This is not the 80′s.
Worse thing you can do in politics is predict what you want to happen rather than what is happening.
If Romney does get off his ass and start campaigning like a man, the entire country will lose. Romney does not seem to grasp the stakes out there for the average American. He does not project a “I’ll fight for you” mindset. The clock is ticking, someone please slap Romney upside the head and get some sense of urgency into this man.
Comment by Geena — September 9, 2012 @ 9:28 pm - September 9, 2012
Amazing:
Here’s a little advice about intellectual inquiry:
Don’t do a piety dance while painting with a broad brush.
It makes you look like an idiot.
If anyone doubts your status, I am confident you can disabuse them of such doubt in a heartbeat.
Comment by heliotrope — September 9, 2012 @ 9:51 pm - September 9, 2012
Liberals lie about everything all of the time. Latest example: The left is spreading a lie that Mitt Romney will abolish MLK Day.
So, why should we even bother when a leftist liar comes along and asserts for the millionth time that the economic collapse was due to Bush policies. (Yeah, Bush cut taxes for the rich in 2003 and the economy collapsed five year later. Real cause and effect, there.)
Comment by V the K — September 9, 2012 @ 10:05 pm - September 9, 2012
I think Another_Jeremy is wrong here, but perhaps for different reasons than others do.
I think the better question is: explain how the policies of Barack Obama differ from those of GWB.
Tax cuts were one of the good things Bush did for the economy. And Obama kept them. How could they be wrong, if the Lightworker kept them?
Deficits were one of the bad things Bush did for the economy. Bush’s deficits averaged $400B per year. Obama more than tripled them, averaging something like $1.3 trillion per year.
Low interest rates were one of the bad things Bush did for the economy… he supported Greenspan’s 1%. Now Obama supports Bernanke’s 0% rates, which are even more harmful to the economy.
Regulation: Contrary to left-wing myth, Bush was a regulator. Among other things, he signed Sarbox. Obama saw that and tripled it, with Dodd-Frank and Obamacare, both of them crushing the life out of the economy.
In major ways, Obama has either continued Bush policies, or doubled and tripled down on Bush policies. Another_Jeremy ought to think critically about that. Of course, he won’t. The proposition has three strikes against it. (Thinking… eww! Thinking critically… eww eww! Thinking critically about Obama… eww, eww, eww!)
Comment by ILoveCapitalism — September 10, 2012 @ 12:09 am - September 10, 2012
Oh and bailouts… started by Bush, carried out by Obama. The list goes on.
Comment by ILoveCapitalism — September 10, 2012 @ 12:15 am - September 10, 2012
In conclusion: Except for the tax cuts which were pretty good, I indict Bush’s performance on the economy. And Obama’s performance on the economy… is two to four times worse. That is why Obama must go. What a relief it would be, if Romney’s policies were similar to Bush’s – that is, no worse than Bush’s; unlike Obama’s policies.
Comment by ILoveCapitalism — September 10, 2012 @ 12:17 am - September 10, 2012
So….why is it that all these job creators haven’t created jobs? On one hand, conservatives claim the tax breaks on the wealthy allow more money to go into the economy to create jobs. Now, however, you blame the (Democratic) president for lack of jobs. Make up your minds.
PS – “Job Creators” have had tax breaks for 11 years now. Why isn’t the econmy go gangbusters because of that?
Comment by Kevin — September 10, 2012 @ 12:37 am - September 10, 2012
Kevin, I’ve answered that question for you before.
Comment by ILoveCapitalism — September 10, 2012 @ 3:47 am - September 10, 2012
ILC, yes, and he knows it. But that’s what leftists do. They repeat the same talking point no matter how many times it’s been refuted.
They are as fanatical as they are idiotic. Kevin still thinks Republicans are plotting to have gay people “exterminated.”
As far as blaming Bush for the economic collapse, there is one policy he can be faulted for; continuing and advancing the Clinton Era policy of forcing banks to give mortgages to politically favored groups who were otherwise unqualified. But that policy is progressive not conservative.
And when Bush signed the Sarbanes-Oxley financial regulations that burdened business with huge and unnecessary new financial reporting requirements; once again embracing progressive policy of chaining business with new regulations to fix a non-existent problem.
Just as Bush is to be faulted for his lavish spending policies (which still pale compared to the reckless spending of Obama and Crew), but again, lavish spending is a progressive, not conservative, policy.
In short, to the extent Bush is to blame for the economic problems that occurred late in his administration (after the Democrats took Congress), it is because his policies were too progressive.
Comment by V the K — September 10, 2012 @ 5:38 am - September 10, 2012
Agree!
Comment by ILoveCapitalism — September 10, 2012 @ 11:15 am - September 10, 2012
@ Heliotrope
I’ll consider not painting conservatives with such a broad brush about the economy when I hear any leading Republicans espousing fiscal principles that do not fly squarely in the face of common sense and basic arithmetic.
If you guys want to be mad at Obama, great. Frankly, I would prefer an actual liberal in the white house as opposed to a water-down moderate Republican from 15 years ago. As in REAL healthcare reform, publicly financed elections, wall street bankers in jail, etc.
But acting like Mitt Romney is any kind of viable alternative is just fucking stupid. The small bit that we do know about his economic ideas is that his tax plan is impossible to be tenable (without blatantly favoring the wealthy and giving up several tax deductions for the middle class or adding to the deficit that Republicans apparently hate all of a sudden) and that he thinks wall street is overly regulated. It is complete insanity. It reeks of revisionist history and a total disregard for the welfare of most Americans. Best case scenario, he’s lying to get the white house and he’s really a moderate. But disregarding facts to get votes speaks volumes about his constituency.
The fiscal rationales for voting for contemporary conservatives have no basis in reality. It’s just a smoke screen to give angry partisans an excuse to vote for a Republican. There are no viable reasons to vote for them at this point except being a religious whacko who hates gays and opposes abortion (and likely contraceptives) in the name of a literal analysis of an ancient story books. The democrats are terrible. I will concede. But the Republicans circa 2012 are just not an option. They don’t even pretend to have a coherent political ideology at this point.
Comment by Another_Jeremy — September 10, 2012 @ 11:38 am - September 10, 2012
Word is on the ground in the real world, OB1 is ONE and DONE. He can’t run on his record…and HOPE and CHANGE ran out of gas.
I look for the hardcore Democratic base to toss him under the bus, blame it on “racist” voters, and lick their collective wounds while they continue to demand more than what they are willing to admit this nation can afford. They need to keep promising to their base…buy those votes with tax$$$.
The media has to put on a good show, and keep the mushrooms fed with enough manure so they will still vote with their emotions and their own self interests. I liken the rabid left as the barking cattle dog, trying to keep the herd together, nipping at the heels of anyone that DARES to break free of the crushing confines of living on the D-farm. They are mostly protected behind the keyboards and anonymous status of the internet, but the message they spew is the same. The dogs on the farm will attack anyone they feel they can get away with. Any woman, minority or gay that doesn’t pull the D-onkey cart is FREE GAME…as evidenced by the willingness for people from the NOH8 club to spew venom.
The seams of their BIG TENT politics is unravelling…
Comment by 5 * Mom — September 10, 2012 @ 12:56 pm - September 10, 2012
Such as the studies Obama cited written by one of his former staffers.
So when it comes to “credibility”, your Barack Obama breaks your own rules by citing clearly-partisan sources, but you endorse and support his every word and claim that everything he says is credible.
Double standard. You are a racist, hypocrite, and bigot.
Next:
So I guess we should tear down the handful of regulations that weren’t already shredded by wall street lobbyists and lower taxes even more.
Such as the fact that Jon Corzine, one of the evil Wall Street CEOs and lobbyists who broke numerous laws and regulations and stole billions of dollars from American workers, is Obama’s bundler, Obama’s Wall Street guy, and Obama’s major advisor.
So when it comes to “Wall Street”, your Barack Obama breaks your own rules by taking money from, cultivating, and shielding from regulatory enforcement and prosecution outright criminals who steal billions of dollars, but you endorse and support his every word and claim that everything he does is credible.
Double standard. You are a racist, hypocrite, and bigot.
And finally:
This one is my personal favorite.
And there are even more examples of the Barack Obama Party and Barack Obama himself insulting, attacking, and smearing Bush well above and beyond the threshold that the Barack Obama Party screams is horrible disrespect of the President.
So what does that mean, Another_Jeremy? Your own Barack Obama Party, led by your own Barack Obama, openly stated that they were going to obstruct everything that Bush did for four years, and they lied about, smeared, and insulted him constantly.
You and your Barack Obama Party scream and cry that deliberate obstruction by the opposing political party and insulting of the President, regardless of whether they hold any majority in any portion of Congress or not, is the cause of economic collapse and destruction.
Therefore, since your Barack Obama Party clearly obstructed and insulted Bush,
.
Double standard. You are a racist, hypocrite, and bigot.
Comment by North Dallas Thirty — September 10, 2012 @ 1:04 pm - September 10, 2012
Obama-ssacre
3 words – You Are Fired.
Comment by anon322531 — September 10, 2012 @ 6:54 pm - September 10, 2012
In other words: There is no voter fraud… Never mind that a Democrat congressional candidate just quit her race, over allegations that she personally commits voter fraud: http://hotair.com/archives/2012/09/10/maryland-democrat-exits-congressional-race-due-to-allegations-of-voter-fraud/
Comment by ILoveCapitalism — September 10, 2012 @ 8:05 pm - September 10, 2012
Aargh, “In other *news*…”
Comment by ILoveCapitalism — September 10, 2012 @ 8:06 pm - September 10, 2012
I’ve been out of work for three years and only barely hanging on with freelance jobs. The mortgage company is talking foreclosure. This is an employer’s market, and even the work that I used to get to fill in the cracks is gone. I used to wonder when my Mom would talk about the Depression, and I didn’t believe her. Now I do. Obama can’t go fast enough, as far as I’m concerned.
Comment by Dottie Larid — September 11, 2012 @ 4:08 pm - September 11, 2012