Despite Baxter's ludicrous statements, the idiot just might win.
How ludicrous? Trying to tie the long term hyper spending obligations of the Obama administration to a one time "bailout" of the financial industry.
Failing to admit that the anti business anti success pro government growth policies of this administration has in large part caused the current high unemployment rate.
And possibly the best, using job creation in discussing the economy (and even more stupidly, attributing job creation to Obama) instead of the unemployment rate (and ignoring that current job creation is in government).
However, the idiot might win: despite his and his parties historic loss in the last election, despite a unemployment rate over 8%, despite an annual deficit of $1.5T and counting and borrowing 40% of the federal budget with no end in sight.
Why? Weak field? It is going to be either Pawlenty, Romney or Daniels. Who ever gets the nomination will be savaged by the left supporting press (see the bogus "racism" question asked Newt last weekend).
But no, that is not why the idiot in chief is going to win.
They are seeing the error of their ways, that is why. The Paul Krugman wacko wing of the Socialist/Liberal?Democratic party has lost their voice. They realize that their stupid policies did not work, the stimulus was a failure, unemployment will not fall under current policies and they are willing to talk fiscal restraint.
The only chance the idiot has is to change course (of course without admitting it), just like he did on the war on terror, and they seem to be waking up to the possibility.
To the Republicans credit (and very much unlike the Democrats), they are willing to put country first and invite the president to look at entitlement reform and spending reductions with the only condition of no tax increases. Wow, honestly, what great guys, Cantor and Ryan are lining up to be American hero's but will unfortunately pull the "O" across the finish line.
6 comments:
Despite Baxter's ludicrous statements, the idiot just might win.
How ludicrous? Trying to tie the long term hyper spending obligations of the Obama administration to a one time "bailout" of the financial industry. Did Bush double the national debt, oversee the largest economic collapse since the Great Depression and hand that off to Obama? Thought so.
Failing to admit that the anti business anti success pro government growth policies of this administration has in large part caused the current high unemployment rate. How come more net jobs have been created under Obama in two years than Bush in eight? Huh? Huh?
And possibly the best, using job creation in discussing the economy (and even more stupidly, attributing job creation to Obama) instead of the unemployment rate (and ignoring that current job creation is in government).
However, the idiot might win: despite his and his parties historic loss they kept the Senate; how historic was that? in the last election, despite a unemployment rate over 8%, despite an annual deficit of $1.5T and counting and borrowing 40% of the federal budget with no end in sight.
Why? Weak field? Very weak - you got nuttin' It is going to be either Pawlenty, Romney or Daniels Yawn! . Who ever gets the nomination will be savaged by the left supporting press (see the bogus "racism" question asked Newt last weekend). Nothing bogus about it - Newt has been blowing the racist dog whistle since Obama came on the scene
But no, that is not why the idiot in chief is going to win. That's MR PRESIDENT to you...
They are seeing the error of their ways, that is why. The Paul Krugman wacko wing of the Socialist/Liberal?Democratic party has lost their voice. They realize that their stupid policies did not work, the stimulus was a failure, unemployment will not fall under current policies and they are willing to talk fiscal restraint. When is the last time the GOP exercised fiscal restraint? As long as tax hikes are off the table, their "concerns" about the deficit ring hollow
The only chance the idiot has is to change course (of course without admitting it), just like he did on the war on terror, and they seem to be waking up to the possibility.
To the Republicans credit (and very much unlike the Democrats), they are willing to put country first and invite the president to look at entitlement reform and spending reductions with the only condition of no tax increases. They are into the next phase of "Starve the Beast" Wow, honestly, what great guys, Cantor and Ryan are lining up to be American hero's but will unfortunately pull the "O" across the finish line.
We'll see which great guy wins. The one who voted for the prescription drug bill and not a penny to pay for it ("putting their country first") or the one who is growing jobs and killing our enemies. Can't wait!
"And possibly the best, using job creation in discussing the economy (and even more stupidly, attributing job creation to Obama) instead of the unemployment rate (and ignoring that current job creation is in government)."
That brilliant comment is, of course, exactly wrong and reveals a great deal about the author's familiarity with the subject. Government job rolls are shrinking while the private sector grows.
I like Ron Paul: It takes a real man to want to legalize heroin.
Don't forget Gary Johnson (R) - he wants to legalize horse as well. Perhaps, that's why Willie Nelson just endorsed him.
Tim Conley and Bill Dupor Harvard economists -- on "The American Recovery and Reinvestment Act. Our benchmark results suggest that the bill created/saved approximately 450,000 state and local government jobs and destroyed/forestalled roughly one million private sector jobs. State and local government jobs were saved becausefunds were largely used to offset state revenue shortfalls and Medicaid increases rather than boost private sector employment.
Please Mr. Silly Oracle, tell us the mechanism of private job creation engineered by the Obama administration?
and BTW, you have driven another (Al) away. Pretty soon, one hand clapping.
Don't blame me, Doc, when someone runs away after losing an argument (or arguments). I'm glad that you have stuck around in the face of same.
None of you have an answer to 14.9% of GDP being a revenue problem. So, most of you just change the subject or run away. Suggesting that "percentages distort" is desperate and laughable.
The administration economic policy is the environment in which the economy operates. They get the kudos and the cow pies, as warranted. They reversed a collapsing economy and set the table for growth. God bless Keynesian economics.
The fact that Obama has held the line on the deficit (unlike Reagan and Bush) without Draconian spending cuts has helped keep the train on the track.
The latest Bureau of Labor Statistics report, hailing the addition of 244,000 jobs, also noted, "Employment in both state government and local government continued to trend
down." At the same time, the non-military federal workforce is the smallest it has been, relative to population, since 1960.
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