Real unemployment at 19%, thanks obama
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Thekla
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Yup.
And placing the problem at the feet of any one politician, or any one factor, is exactly how not to solve any problem.
It's just partisanship over patriotism.
And a whole lot easier than actual analysis or thinking, sacrifice or action.
A great way to send the country down the toilet.
And placing the problem at the feet of any one politician, or any one factor, is exactly how not to solve any problem.
It's just partisanship over patriotism.
And a whole lot easier than actual analysis or thinking, sacrifice or action.
A great way to send the country down the toilet.
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It isn't all his fault, I admit. But he has brought the change though.
Change for the worst.
Change for the worst.
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Breitbart is dead and so should his website of hate and loathing.
It will be fun watching people continue to blame Obama long after he leaves office.
It will be fun watching people continue to blame Obama long after he leaves office.
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Thanks Obama?
So, you mean to tell me that a surplus from Clinton, to useless wars (with an exhorbitant budget,) to a bailout for banks totaling $1.0+ Billion is Obama's fault? We started out in a multi-trillion dollar deficit when Obama took office. Obama managed to do what Bush couldn't do in 8 years of war (kill Osama Bin Laden.) Obama revived home-made companies like GM.
Don't be naive. All politicians are selfish and out for their own gain, but let's call a spade a spade. Bush went to war without the consent of congress. That is money. Bush went to war with a country that had nothing to do with 9/11. That cost money. Bush looked like a fool invading a country he swore had WMDs, but really didnt. That cost money AND credit. America was already on a downward spiral when Obama took office. So much so, that Obama started working as president before he was inargurated.
If you are going to give sarcastic thanks, give it to Bush, Obama, Clinton, Bush 1, and Reagan(omics). Don't be a political neophyte.
So, you mean to tell me that a surplus from Clinton, to useless wars (with an exhorbitant budget,) to a bailout for banks totaling $1.0+ Billion is Obama's fault? We started out in a multi-trillion dollar deficit when Obama took office. Obama managed to do what Bush couldn't do in 8 years of war (kill Osama Bin Laden.) Obama revived home-made companies like GM.
Don't be naive. All politicians are selfish and out for their own gain, but let's call a spade a spade. Bush went to war without the consent of congress. That is money. Bush went to war with a country that had nothing to do with 9/11. That cost money. Bush looked like a fool invading a country he swore had WMDs, but really didnt. That cost money AND credit. America was already on a downward spiral when Obama took office. So much so, that Obama started working as president before he was inargurated.
If you are going to give sarcastic thanks, give it to Bush, Obama, Clinton, Bush 1, and Reagan(omics). Don't be a political neophyte.
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Hi, Thekla.
I agree, but let's continue that thought. Re-electing the current regime perpetuates the same failing policies already in effect. Clint Eastwood was absolutely right about that. Obama hasn't gotten the job done ... now, it's time to let him go.
Whadda ya think? How about we replace Obama?
Note: Regression toward the mean is the statistical terminology which applies. Replacing the worst president ever with a professional businessman, someone who understands how businesses operate, seems very likely to improve the economic climate.
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SharonL
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Yes blame belongs to all of them - one is not better than the other - but the one thing that concerns me is the Socialist attitudes of this whole administration and they want nothing more than big government and total power.
That, my friend is at the feet of the Obama administration and not the others.
That, my friend is at the feet of the Obama administration and not the others.
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NightHawkeye that makes too much sense. Some people refuse to take off the rose colored glasses and want to re-live the 2008 election and obama love fest.
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Thekla
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Hi, Thekla.
I agree, but let's continue that thought. Re-electing the current regime perpetuates the same failing policies already in effect. Clint Eastwood was absolutely right about that. Obama hasn't gotten the job done ... now, it's time to let him go.
Whadda ya think? How about we replace Obama?
Note: Regression toward the mean is the statistical terminology which applies. Replacing the worst president ever with a professional businessman, someone who understands how businesses operate, seems very likely to improve the economic climate.
You seem to forget - bubble caused recessions take longer for recovery and recover more incrementally than other forms.
Knowing this, Greenspan etc. blew a housing bubble to save the economy from the recession that would have been caused by the dotcom bubble.
Take a look at 'speculation debt' and household debt before the collapse - the deleveraging needed for recovery is time consuming. Add to that govt. debt, the fact that our banks are not stable (the claim that they are is imo a bit of "let's not scare the markets" fluff), the crisis in Europe, the stalling Chinese economy (they're trying stimulus again - infrastructure, as the housing stimulus there has them still holding millions of unoccupied homes), etc.
No way this is a quick fix - unless we blow another bubble, risking a depression in our future. I'd rather a slow and steady fix, which is more likely a real solution than the typical alternative.
Even Romney seems to agree on the speed of recovery - remember his promise for adding jobs is just what Moody's said it would be if we hold the present course.
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The blame does belong to everyone, including Americans.
Americans are so busy playing the Partisanship game that they don't even care who is in office, as long as they say the right things they want to hear. Moreover, the mind process of the common layman is painfully linear that the phrase "darkest before the dawn" does not even resonate. Nature is SINUSOIDAL, not linear. Things have a cycle and a period. If you are hoping that things will magically get better with Romney, or 2nd term Obama, you are highly deluded. Politics does not concern itself with the betterment and well-being of the commoner, despite the common misconception. Politics is a game of poker: bet, bluff, psych. They are BETTING that the people will emotionally attach to what they say. They call the BLUFF of the "other guy's" bet that people will attach to him/her emotionally, then they PSYCH out the people by capitalizing on that emotion. It is a game of emotion (fear-9/11, anger-OBL, despair-joblessless, hope-[for a better future], etc.) It is a GAME. A GAME. A GAME.
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OK, I'll suspend thinking and assume all of that is true ... though I don't for a minute believe it all is.
How is any of that a cogent argument favoring Barack Hussein Obama's re-election?
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Thekla
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It's easily researched ...OK, I'll suspend thinking and assume all of that is true ... though I don't for a minute believe it all is.
How is any of that a cogent argument favoring Barack Hussein Obama's re-election?
I wasn't arguing for Obama's re-election.
But I don't think voting decisions should be made on incomplete and/or deliberately stilted or selective information.
The OP ignored a ton to make the claim ...
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Agreed.
That's encouraging.
Agreed.
The OP offered a ton of information to substantiate it's claim.
Hardly. The OP offered a great deal of additional information, such as the FACT that large numbers of people have simply dropped out of the labor force. Because they dropped out, their unemployment status is no longer reflected in the official BLS statistics.
I've not heard or seen any cogent arguments attempting to argue that the real unemployment rate isn't significantly higher than 8.1%. A much higher real unemployment figure seems to be fairly well accepted FACT. By all means though present any contrary arguments which disprove the OP's claims.
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Agreed.
That's encouraging.
Agreed.
The OP offered a ton of information to substantiate it's claim.
Hardly. The OP offered a great deal of additional information, such as the FACT that large numbers of people have simply dropped out of the labor force. Because they dropped out, their unemployment status is no longer reflected in the official BLS statistics.
I've not heard or seen any cogent arguments attempting to argue that the real unemployment rate isn't significantly higher than 8.1%. A much higher real unemployment figure seems to be fairly well accepted FACT. By all means though present any contrary arguments which disprove the OP's claims.
I agree - the econ. blogs I read have been making that point for a long time.
But the OP ignored the rest of the info. and assumed a one-face blame; how of the present economic features is crucially important - because that's how we can address the "symptom" (the unemployment rate - both the real and the smaller reported rate).
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