2nd Term Part VIII - The Thin Red Line

[Rover]

Re: 2nd Term Part VIII - The Thin Red Line

"I cannot predict precisely what the rate would be at the end of one year. I can tell you that over a period of four years, by a virtue of the polices that we put in place, we get the unemployment rate down to 6 percent, perhaps a little lower."

-- Mitt Romney, quoted by MSNBC in May 2012, noting the unemployment rate is already down to 5.9% without Romney's policies


Ahhhh Mittens - how can we miss you if you won't go away!

Seriously, why the F does anybody outside of Utah want to have Romney campaigning for them? He's like the GOP version of Mike Dukakis...

 

[Kepler]

Re: 2nd Term Part VIII - The Thin Red Line

Seriously, why the F does anybody outside of Utah want to have Romney campaigning for them? He's like the GOP version of Mike Dukakis...

If he runs again it will be fascinating. Nixon was the last losing nominee who came back and campaigned again. Since then: Goldwater, Humphrey, McGovern, (Ford), (Carter), Mondale, Dukakis, (Bush Sr.), Dole, Gore, Kerry, McCain. AFAIK, none of them even considered running again.

 

[joecct]

I think it was a problem in the beginning. In particular, the decision to firewall people with any lobbying experience from serving in the administration was, while well-intentioned, criminally naive and very hurtful to the efficient functioning of the executive during the first couple years. Part of the motivation was fulfilling the campaign promise to diminish the influence of iron triangles, which is laudable, but IMHO part of it was the White House thinking they were just so smart they could take on and reform government all by themselves. Whatever the reasons, it was bringing a knife to a gunfight and they got their butts handed to them again and again until they wised up and rescinded the restriction.

But generally speaking "hubris" is deployed as an evergreen criticism of the left by the right because it feeds that paranoid delusion that "those gol' durned college boys think they know better'n us and are comin' to take our guns and our Bibles!" Nobody wants your guns and Bibles, kitten. You can fondle them to your heart's content. Just don't think they are a viable basis for 21st century government.

"Hubris" as the perennial charge by the Echo Chamber against any Democrat is a dog whistle.

Heck I'd do it for anyone whose staff keeps telling him/us that His is the Superior Intellect. Any person with that much power needs somebody to tell him that his poo stinks.

Clearly the President needs that person.

 

[Kepler]

Re: 2nd Term Part VIII - The Thin Red Line

Heck I'd do it for anyone whose staff keeps telling him/us that His is the Superior Intellect. Any person with that much power needs somebody to tell him that his poo stinks.

Clearly the President needs that person.

The thing is, you don't know this is real, it's just perpetuated by a closed ring of pundits. Obama is easy to portray as arrogant because he talks like a college professor. If Hillary wins, she'll be portrayed as something else. But it's all BS. You haven't the slightest idea how things really go down inside the WH and neither do I.

 

[Rover]

Re: 2nd Term Part VIII - The Thin Red Line

Yearly deficit falls by almost 1 Trillion! dollars from what Obama inherited from Bush in 2009 to now.

Knuckledraggers, lets hear some praise for the O on this one.

Coupled with unemployment below 6%, that's a d@mn impressive combination, something the deficit hiking Reagan never managed to do (we won't even get into GWB's "record" )


Deficit Falls to Lowest of Obama Years

The nonpartisan Congressional Budget Office announced Wednesday that the projected deficit for the 2014 fiscal year is $486 billion, making it the lowest of President Obama’s time in office. It is also $195 billion less than the deficit in the previous year. It also continues the trend of the deficit declining as a percentage of GDP every year since 2009's record-setting $1.4 trillion.

 

[ScoobyDoo]

Re: 2nd Term Part VIII - The Thin Red Line

Yearly deficit falls by almost 1 Trillion! dollars from what Obama inherited from Bush in 2009 to now.

Knuckledraggers, lets hear some praise for the O on this one.

Coupled with unemployment below 6%, that's a d@mn impressive combination, something the deficit hiking Reagan never managed to do (we won't even get into GWB's "record" )


Deficit Falls to Lowest of Obama Years

The nonpartisan Congressional Budget Office announced Wednesday that the projected deficit for the 2014 fiscal year is $486 billion, making it the lowest of President Obama’s time in office. It is also $195 billion less than the deficit in the previous year. It also continues the trend of the deficit declining as a percentage of GDP every year since 2009's record-setting $1.4 trillion.

Mitt should be happy.

http://www.msnbc.com/rachel-maddow-show/wow-6-percent-sounds-pretty-good

 

[burd]

Re: 2nd Term Part VIII - The Thin Red Line

Yearly deficit falls by almost 1 Trillion! dollars from what Obama inherited from Bush in 2009 to now.

Knuckledraggers, lets hear some praise for the O on this one.

Coupled with unemployment below 6%, that's a d@mn impressive combination, something the deficit hiking Reagan never managed to do (we won't even get into GWB's "record" )


Deficit Falls to Lowest of Obama Years

The nonpartisan Congressional Budget Office announced Wednesday that the projected deficit for the 2014 fiscal year is $486 billion, making it the lowest of President Obama’s time in office. It is also $195 billion less than the deficit in the previous year. It also continues the trend of the deficit declining as a percentage of GDP every year since 2009's record-setting $1.4 trillion.

With the train wreck he inherited, that's a little difficult to believe. Must be lies.

 

[Kepler]

Re: 2nd Term Part VIII - The Thin Red Line

The nonpartisan Congressional Budget Office announced Wednesday that the projected deficit for the 2014 fiscal year is $486 billion

As a percentage of the federal budget (and of GDP), that is lower than Reagan's deficits.

 

[joecct]

As a percentage of the federal budget (and of GDP), that is lower than Reagan's deficits.

The sequestration worked?

 

[burd]

Re: 2nd Term Part VIII - The Thin Red Line

In a way this is not at all surprising--just the continuation of a trend of reversal. Clinton inherits a deficit from Bush the Greater and turns that into a surplus. Bush the Lesser then turns that surplus into a deficit on steroids. Now, Ob appears to be in the process of reversing that direction.

I'm not schooled in these things though. It will probably take several more Republican/Democrat cycles to be confident enough to give the trend a name. But as long as each party continues to play its role . . . .

 

[joecct]

Re: 2nd Term Part VIII - The Thin Red Line

In a way this is not at all surprising--just the continuation of a trend of reversal. Clinton inherits a deficit from Bush the Greater and turns that into a surplus. Bush the Lesser then turns that surplus into a deficit on steroids. Now, Ob appears to be in the process of reversing that direction.

I'm not schooled in these things though. It will probably take several more Republican/Democrat cycles to be confident enough to give the trend a name. But as long as each party continues to play its role . . . .

Bush had a surplus and decided to cut taxes - because no surplus can be tolerated. Then he had a war/conflict to fight and did so without raising revenues. Somewhere somebody who told him you can pay for a war without increasing cash intake needs to be sent to Accounting 101 and Business Management 101.

Then he did it again!! Dumthit!

You raise taxes when the economy is expanding and cut them when its contracting. Try to keep spending inflation constant. If you can cut it, GREAT!, but the current Congre$$'s masters won't let you.

 

[FlagDUDE08]

Re: 2nd Term Part VIII - The Thin Red Line

Is this why police have been militarized? http://www.breitbart.com/Big-Govern...Food-Stamps-Attacks-Workers-at-Welfare-Office

 

[FlagDUDE08]

Re: 2nd Term Part VIII - The Thin Red Line

Yearly deficit falls by almost 1 Trillion! dollars from what Obama inherited from Bush in 2009 to now.

Knuckledraggers, lets hear some praise for the O on this one.

Coupled with unemployment below 6%, that's a d@mn impressive combination, something the deficit hiking Reagan never managed to do (we won't even get into GWB's "record" )


Deficit Falls to Lowest of Obama Years

The nonpartisan Congressional Budget Office announced Wednesday that the projected deficit for the 2014 fiscal year is $486 billion, making it the lowest of President Obama’s time in office. It is also $195 billion less than the deficit in the previous year. It also continues the trend of the deficit declining as a percentage of GDP every year since 2009's record-setting $1.4 trillion.

I wonder how much of this is projected PPACA based upon the number of federal sign-ups. Something seems a bit fishy here, possibly that they aren't accounting for debt that is soon to be realized...

 

[ScoobyDoo]

Re: 2nd Term Part VIII - The Thin Red Line

This week in Republicanism;

ISIS is coming. ISIS is coming.

Rep. Duncan Hunter (R-Calif.) made a pretty extraordinary claim on Fox News this week, telling a national television audience on Tuesday night that 10 Islamic State militants were caught entering the United States through the Mexican border. The far-right congressman was categorical: Hunter said in no uncertain terms that this has already happened, but “there’s nobody talking about it.”

The California Republican added that he knows this is true “because I’ve asked the Border Patrol.”

Right-wing media outlets were predictably excited by the baseless claims – National Review, citing Hunter’s comments, asked, “Could the administration really successfully cover up something as big as this?” – but there’s a small problem. Neither Hunter nor his allies have any verifiable evidence to bolster the allegations. I mean that quite literally – there’s nothing from Border Patrol, nothing from other members of Congress or relevant committees, nothing from the Mexican government, and nothing from the Department of Homeland Security.

On the contrary, DHS described the claim as “categorically false” and Secretary Jeh Johnson suggested Hunter has no idea what he’s talking about.

 

[walrus]

This week in Republicanism;

ISIS is coming. ISIS is coming.

ISIS has American and British citizens that can come and go as they please in the US, why do they need to sneak in.

 

[Rover]

Re: 2nd Term Part VIII - The Thin Red Line

I wonder how much of this is projected PPACA based upon the number of federal sign-ups. Something seems a bit fishy here, possibly that they aren't accounting for debt that is soon to be realized...

Since the growth of healthcare costs is going down, I don't believe that's an issue....

PS - why is it that the same people who are staffing the CBO during Republican administrations are the paragon of truth, but when Dems get in they're cooking to books, only to revert back to their previously honest selves in the GOP gets back into the White House...

 

[Rover]

Re: 2nd Term Part VIII - The Thin Red Line

This is fascinating. Only 18 states plus DC have recovered all the jobs lost since recession. Strip out the energy producing states of TX, OK, ND, AK, LA who's job growth is unrelated to any gubmint policies since either you have oil or you don't, and the positive job gain states are almost all blue states! Go figure.

From liberal newsrag the WSJ:

http://blogs.wsj.com/economics/2014...ent-recovered-the-jobs-lost-in-the-recession/

CA, CO, DC, IA, MD, MA, MN, NY, WA are the Dem states in full recovery. Fully how WI or KS isn't on there with their Tea Party governors instituting policy...

 

[ScoobyDoo]

Re: 2nd Term Part VIII - The Thin Red Line

This is fascinating. Only 18 states plus DC have recovered all the jobs lost since recession. Strip out the energy producing states of TX, OK, ND, AK, LA who's job growth is unrelated to any gubmint policies since either you have oil or you don't, and the positive job gain states are almost all blue states! Go figure.

From liberal newsrag the WSJ:

http://blogs.wsj.com/economics/2014...ent-recovered-the-jobs-lost-in-the-recession/

CA, CO, DC, IA, MD, MA, MN, NY, WA are the Dem states in full recovery. Fully how WI or KS isn't on there with their Tea Party governors instituting policy...

And yet none of our "economic experts" on here will explain this, or explain Kansas. I want someone to break down Kansas and tell me why the ONLY idea Paul Ryan has has failed miserably.

 

[Kepler]

Re: 2nd Term Part VIII - The Thin Red Line

CA, CO, DC, IA, MD, MA, MN, NY, WA are the Dem states in full recovery. Fully how WI or KS isn't on there with their Tea Party governors instituting policy...

CA vs KS is an amazing contrast. It's about as close to a pure test of liberal vs conservative economic ideas as we can get in our "laboratories of democracy." Ever since CA got a Democratic supermajority in their leg to go with their Dem governor they've staged a mini-miracle of growth (despite a drought that is hurting their agricultural sector). KS, the brainchild of the cut taxes and services crowd, is essentially bankrupt and so awful that even their deeply red electorate may sweep the GOP out of office.

And from CATO and Club for Growth and Heritage... crickets.

 

[Rover]

Re: 2nd Term Part VIII - The Thin Red Line

Everybody knows facts have a liberal bias.