I wouldve thought that too...but all the polls say the opposite that obamas base is more excited about him than romneys....by all the polls I mean rasmussen and gallup
they aren't. But the conservative base is excited about firing President Obama. More so, I think, than the Democrat base is excited about reelecting him.
well yeah - conservatives aren't excited about Romney. but they are broken-glass voters to vote against Obama. in 2008, democrats were broken-glass to vote for Obama. Harder for them to get up to do that again, and they seem to not be achieving it thus far.
I think the dynamic has changed...I think obama has picked up support in areas that he did not have in 2008...
and some segments hes margin has widened
in contrast hes lost some of what he had in 2008...youth enthusiasm for one and the far left has dampened towards him.
I do believe he will pick up votes from independents and some moderate GOP that are appalled by the war on labor that the teaparty is waging...
I think the debt ceiling thing as a whole hurt the "tea party" brand. Being so unwilling to compromise that they would rather have our country not pay our bills was not good.
Employment is improving more because people are getting discouraged and dropping out all together. Hard to sell that as a win. Economy improving? Growth is anemic, and may not even exist, once you take into account real inflation that includes the pocket-book expenses of food and energy. I would suspect that the only people who think that the economy is really getting that much better are those who are looking for it to. And Europe's problems have only just begun; that will be a slug we take to the face some time over the summer/fall.
But Obama should be cleaning up in Wisconsin. I'm going to hold to my prediction that Walker wins the recall and that puts Wisconsin in play in November.
U6 unemployment is dropping as well as U3, which means that overall the employment picture is improving. Growth is slow, but there, and much better than the shrinking that was happenening not long ago. I would think the only people denying that the economy is improving are those who don't want it to for political gains.
Meh, I wouldn't say it's improving either. It's stagnant. I think unemployment improving has just as much to do with people dropping out of the workforce all together as it does with jobs being found.
The economy is improving at a slow rate. Definitely not at the rate I think it should considering the money spent to improve it. But I will not deny it is improving slightly. Gas prices are hurting it more than anything and there isn't much President Obama can do about that.
If it was just people dropping out of the workforce U6 would not be improving. The thing is, we are not spending money right now to improve the conomy, which is slowing recovery(cpwill's head just exploded at those words, but they are true).
That's the thing. U6 assumes those people still want to work instead of just receive neverending unemployment.
We have spent trillions of dollars with nothing but a bump in economic growth. President Obama's and the Dem's theory of economic growth has failed. Like I said, I'll give him the pass that is gas prices. Other than that, it has failed. Especially with the record debt we have accumulated. I firmly believe that if he had it his way, we'd be at about 17.5 to 18 trillion in debt by the end of his first term. That's astronomical.
It was a bump because it did not last, and in fact we then went the other direction. Debt is a real problem, but debt is a problem that is not today and that growth reduces. Further, not spending on infrastructure projects is a false savings, since spending does have to happen on those. The smart thing is bust out roadwork and the like when the economy is doing poorly, then you can spend less when the economy is full burn and pay off that money spent. GDP for 2011 was ~15 trillion. 1 % growth is therefore about 150 billion. You can see that it won't take terribly long to pay off the infrastructure work done during recessions/downturns. To give you an idea, while the stimulus was in effect, GDP growth was about 1 % higher than it is now, which suggests that the stimulus accounted for about 150 billion in growth(very very roughly). That 150 billion gets tacked onto to this year as well(since without that growth GDP would be 150 billion lower, so in 2 years, we have gained 300 billion in GDP from that stimulus(vast oversimplification to illustrate the point.
The idea is to get through recessions fast, get the economy burning again, then pay for it. What happened instead is that the get the economy burning got sidetracked by a congress that all of a sudden was worried about spending that they never cared before(a cynical person would suggest this was for political reasons, with further evidence by those same people's reaction to the automatic spending cuts). The other thing to remember is that the US is not going to go broke today, tomorrow, next year, or even next decade unless something catastrophic happens outside of what we can predict. We do have to fix the debt. When the economy is good, you pay off the spending from when the economy us bad. We also have to understand that a problem 50 + years in the making is not going to be solved overnight, nor does it have to be. If spending grows slower than the economy, then the problem will, slowly but surely, go away. If you slowly cut spending while the economy is good, that speeds things along.
I'm interested in how you're feeling about this year's election.
Are you pretty sure he'll win or not so much? Vote please!
That's the thing. U6 assumes those people still want to work instead of just receive neverending unemployment.
We have spent trillions of dollars with nothing but a bump in economic growth. President Obama's and the Dem's theory of economic growth has failed. Like I said, I'll give him the pass that is gas prices. Other than that, it has failed. Especially with the record debt we have accumulated. I firmly believe that if he had it his way, we'd be at about 17.5 to 18 trillion in debt by the end of his first term. That's astronomical.
They did reduce spending the late 90's, though I admit that's a rare example if you're looking over the last 30 years. People also complained about the cuts to military spending during that same period. *shrug*All that sounds great in theory. But when you have a Senate approving bills that allow millions to be spent on researching shrimp running on treadmills and funding for Pakistani Sesame Street, it doesn't work. Our gov't always says they will use the model you describe, but they never do. Why? Because they can't help themselves. They have to spend money. If money is raking in, politicians seek more for their districts. They don't have the simple yet effective attitude that you have.
Here is what Obama's policies have done for the US economy. The Bikini Graph is back: 115,000 jobs added, unemployment drops to 8.1% | | The Political CarnivalThe Political Carnival I agree it is at a slow rate but unfortunately the House of Reps. (who carry the power of the purse) are only trying to balance the budget on one half of the ledger with cuts, cuts, cuts; cuts to education, cuts to healthcare, cuts to social security, cuts to unemployment benefits, cuts that hurt those who are already hurting. While giving tax breaks to already wealthy Corps. CEOs and CFOs. (here is a break down of how Ds versus Rs give tax breaks; perhaps not relevant but this is a political forum The President’s plan is solid: increase taxes on the wealthiest Americans « Ekos² ). Really we need an all of the above approach. Cut spending, increase tax revenue (ideally by ending all of the Bush-Obama tax cuts), restructure and consolidate federal programs, eliminate tax breaks for oil companies and businesses that send jobs overseas, give tax breaks for those businesses that bring jobs back to American soil, and stimulate the economy by contracting private companies to improve infrastructure (roads, bridges, mass transit, energy grid). We need to stop holding the President responsible for what should be the Congresses job.
I'm interested in how you're feeling about this year's election.
Are you pretty sure he'll win or not so much? Vote please!
They did reduce spending the late 90's, though I admit that's a rare example if you're looking over the last 30 years. People also complained about the cuts to military spending during that same period. *shrug*
You forgot the other thing that gets cut - and that's training. Massive weapons systems hardly ever get cut, even if the Pentagon or the military don't want them. When I was in the service, it was always training that took the hit, and I'm guessing it's no different now.
Sadly, that seems to be the case in every institution, public and private, including the Fed budget for society (education). Go figure.You forgot the other thing that gets cut - and that's training. Massive weapons systems hardly ever get cut, even if the Pentagon or the military don't want them. When I was in the service, it was always training that took the hit, and I'm guessing it's no different now.
When spending is out of control, cuts are what is needed. You speak of things that hurt the poor and help the wealthy yet want to end the Bush tax cuts. That makes no sense. The President is held responsible for one reason, in my view. His party controls the Senate. I have not seen him, not once, say a word about the Senate not passing a budget, arguing and pandering just like the House has been accused of doing, or pushing them accept anything the House pushes to them. He always lays it at the feet of the House simply because his party is the minority there. Find me a quote where President Obama criticizes Harry Reid because I haven't seen it. You don't need to find me one where he criticizes John Boehner because he does it weekly.
I don't understand why you would hold the Pres. responsible for the Senate? We have three different branches of government, all with a specific job, the Pres. does not run the Senate, he is not the boss of Reid or Boehner. All and all I think the Pres. is a civil person, even when he is criticizing someone, not like most R's who call his a "Liar" or "the most Leftist president in US history" or insist that "Pres. Obama is wants the economy to fail". The Presidents constitutional responsibilities are as commander-and-chief of the US Military to over see foreign policy, not economic policy. The Congress is responsible for the problems pertaining to our fiscal policies and our overall economy. And even so, the Senate Ds wouldn't be able to pass a budget when the Rs would just filibuster because they don't want history to show that when Ds were running things they got stuff done. I probably couldn't find a quote of Pres. Obama criticizing Reid, could you find a quote of Boehner criticizing, McConnoll for leading the Senate in filibuster history, probably not because those (both Rs and Ds) bastards kiss each others arses.
By only one vote both this year and last year. Republicans in the Senate voted against Republican House budgets so it's obvious the Republicans in the Senate do the same thing as their Democrat neighbors. Expecting 100% solidarity in politics is a pipe dream.He doesn't because his party controls it.
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