Is Obama finished? (user search)
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  Is Obama finished? (search mode)
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Author Topic: Is Obama finished?  (Read 316073 times)
Democratic Hawk
LucysBeau
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Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« on: May 17, 2010, 01:59:05 PM »

Seemingly, if job creation in the US continues the current pace through the course of 2010, then more jobs will have been created than during the entire eight years of George W Bush's presidency

http://www.nationaljournal.com/njmagazine/politicalconnections.php

The rate of unemployment needs to fall, of course, otherwise incomes for many will remain flat and it's vital that the economy stays on track. Any double-dip, of course, and Obama will own it
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Democratic Hawk
LucysBeau
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*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #1 on: May 17, 2010, 02:07:00 PM »

Seemingly, if job creation in the US continues the current pace through the course of 2010, then more jobs will have been created than during the entire eight years of George W Bush's presidency

http://www.nationaljournal.com/njmagazine/politicalconnections.php

Unemployment needs to fall, of course, otherwise incomes remain flat and it's vital that the economy stays on track. Any double-dip and Obama will own it

It is no longer Dubya's economy. Of course President Obama gets the blame for any huge failures from here on; he also gets credit for any success. There will be no corrupt boom like that of the Double Zero decade, but any economic growth is more likely to be sustainable. Independent voters vote heavily on economic issues.   

Well, when it comes to jobs, as a rule, Democrats own it. Surely, policy preferences yield different outcomes. I've never bought that supply-side nonsense and haven't since the Reagan tax cuts of 1981 that were supposed to see the economy grow by 5% in 1982 fell, how shall I put it, spectacularly short. The recovery, if you can call it that and many were on the sh**tty end of Reaganomics, did, of course, come thanks to deficit spending and lower rates of interest
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Democratic Hawk
LucysBeau
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*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #2 on: May 17, 2010, 05:49:50 PM »

Seemingly, if job creation in the US continues the current pace through the course of 2010, then more jobs will have been created than during the entire eight years of George W Bush's presidency

http://www.nationaljournal.com/njmagazine/politicalconnections.php

The rate of unemployment needs to fall, of course, otherwise incomes for many will remain flat and it's vital that the economy stays on track. Any double-dip, of course, and Obama will own it

Mhm I thought everything was going to be perfect with Obama in office. He sure made it sound that way.

I play a low expectations game Wink. Been dealt the sh**ttiest hand since that which Hoover dealt FDR. Nowt that came between comes close
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #3 on: May 17, 2010, 06:33:14 PM »

Seemingly, if job creation in the US continues the current pace through the course of 2010, then more jobs will have been created than during the entire eight years of George W Bush's presidency

http://www.nationaljournal.com/njmagazine/politicalconnections.php

The rate of unemployment needs to fall, of course, otherwise incomes for many will remain flat and it's vital that the economy stays on track. Any double-dip, of course, and Obama will own it

Mhm I thought everything was going to be perfect with Obama in office. He sure made it sound that way.

I play a low expectations game Wink. Been dealt the sh**ttiest hand since that which Hoover dealt FDR. Nowt that came between comes close

FDR blaming Hoover, how responsible. Just shrug off the responsibility and hope the voters buy it.

Well, it's accurate Smiley. Look man you're talking to a left-leaning pro-positive rights Christian Democrat not some right-winger totally in thrall to that wretched God of the ideological Right that is the "cult of neoliberalism" - and its deregulatory and non-regulatory excesses - wherein lies all the causation for the 'Crash of 2008' and the 'Great Recession'

I don't even think when it comes to Western capitalism in terms of socialism vs conservatism because liberalism is its hegemonic ideology. European social democracy is a model of capitalism, but more of a 'New Liberal', rather than a neoliberal, essence
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Democratic Hawk
LucysBeau
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*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #4 on: May 17, 2010, 08:16:31 PM »


You don't have to convince me on New Liberal. I'm a liberal in the 19th century sense of the word which today would be a conservative libertarian. I'm Christian too and if you're bothered to take the time to read my religion and philosophy posts you'll see that I am far from the religious or radical right.

I've some left-libertarian convictions such as support for co-operatives and credit unions - that kind of thing. As for neoliberalism, the 'Crash of 2008' has rendered that as outdated as revolutionary socialism, the failed ideological God of the Left

What comes next?
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #5 on: May 17, 2010, 08:24:12 PM »


You don't have to convince me on New Liberal. I'm a liberal in the 19th century sense of the word which today would be a conservative libertarian. I'm Christian too and if you're bothered to take the time to read my religion and philosophy posts you'll see that I am far from the religious or radical right.

I've some left-libertarian convictions such as support for co-operatives and credit unions - that kind of thing. As for neoliberalism, the 'Crash of 2008' has rendered that as outdated as revolutionary socialism, the failed ideological God of the Left

What comes next?

Dave,

I do not think you understand the underlying causes of the economic collapse. The crash had nothing to do with any particular ideology.

As far as I'm concerned the fault lies in the deregulatory and non-regulatory excesses inherent in the neoliberal model of capitalism. I just know 'New Liberalism' characterised what historians and economists consider the Golden Age of Capitalism. Classical and neoliberalism seem too weighted in favor of elites for my liking
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #6 on: May 17, 2010, 08:25:54 PM »


You don't have to convince me on New Liberal. I'm a liberal in the 19th century sense of the word which today would be a conservative libertarian. I'm Christian too and if you're bothered to take the time to read my religion and philosophy posts you'll see that I am far from the religious or radical right.

I've some left-libertarian convictions such as support for co-operatives and credit unions - that kind of thing. As for neoliberalism, the 'Crash of 2008' has rendered that as outdated as revolutionary socialism, the failed ideological God of the Left

What comes next?

I think the crash of 2008 was waiting to happen for over 30 years.

I'm minded to agree that it was a long-time in the making and I hope never to see anything of this magnitude again in my lifetime
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #7 on: May 18, 2010, 09:07:32 PM »

WWII is what brought us out of the depression but even that was supply and demand. My teachers were in love with FDR's agencies and had us memorize the letters and what they stood for.

No you were in recovery until FDR moved too prematurely in cutting spending causing a dip from which WWII proved to be the way out. Either way he set into motion the greatest progressive era yet. The Golden Age of Capitalism (1950-1972) was not called that for nothing. For most ordinary people it was the best decades of their lives and certainly, as a whole, was better than anything that came before or since.

The only good period, during the Washington Consensus (1980-2008), was the Clinton presidency. For which I give the Republican Congress no credit, otherwise 'Winny' Bush wouldn't have been so abysmal

The 'Third Way' owns compassionate conservatism. Aye, the bigger the wallet, the more heart Bush had
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