We're screwed

[Archaea]

Originally Posted by Cali Coug

I certainly wouldn't go to "horrible." There are quite a few things I think he should have done differently, although oftentimes the reason he didn't is that Republicans wouldn't let anything go through the Senate (and now the House).

You sound like a Republican apologizing for Bush.

Bush isn't horrible, but the things he didn't do right were due to the Democrats. Omg, you're relentless.

Obama is horrible and a complete disaster for our country, but gotta love you true believing apologists.

His economic policies are disastrous. Imbecilic.

[Cali Coug]

Originally Posted by Archaea

You sound like a Republican apologizing for Bush.

Bush isn't horrible, but the things he didn't do right were due to the Democrats. Omg, you're relentless.

Obama is horrible and a complete disaster for our country, but gotta love you true believing apologists.

His economic policies are disastrous. Imbecilic.

No, not everything has been the fault of Republicans blocking legislation, just a lot of it.

Obama's made several mistakes all on his own too. The federal spending freeze was absurd and came at just the wrong time. The federal pay freeze is also ridiculous. Giving in to Republicans to allow over 1/3 of the stimulus to come in the form of tax cuts was a total waste of money (tax cuts are among the least stimulative spending the government can do). There's more, but you get the idea.

[Archaea]

Originally Posted by Cali Coug

No, not everything has been the fault of Republicans blocking legislation, just a lot of it.

Obama's made several mistakes all on his own too. The federal spending freeze was absurd and came at just the wrong time. The federal pay freeze is also ridiculous. Giving in to Republicans to allow over 1/3 of the stimulus to come in the form of tax cuts was a total waste of money (tax cuts are among the least stimulative spending the government can do). There's more, but you get the idea.

You're a true Keynsian and Marxist, lovably ignorant. Yep centrally controlled economics works so well.

[Cali Coug]

Originally Posted by Archaea

You're a true Keynsian and Marxist, lovably ignorant. Yep centrally controlled economics works so well.

True Keynesian AND Marxist? Hmm. Well, that's honestly a first- at least in the same sentence.

Notwithstanding that bizarre and totally incompatible combination of labels, you would do well to note that "counter-cyclical fiscal policy" is not the equivalent of "central planning."

[Archaea]

Originally Posted by Cali Coug

True Keynesian AND Marxist? Hmm. Well, that's honestly a first- at least in the same sentence.

Notwithstanding that bizarre and totally incompatible combination of labels, you would do well to note that "counter-cyclical fiscal policy" is not the equivalent of "central planning."

I understand the difference but argue in the manner in which you support they are not much different. I suspect you're more a central planner than a counter-cyclical fiscal policy wonk. Your types like to control everything for fear of down cycles.

[Tex]

In fierce damage control over a newly rising unemployment rate, Obama said on Friday:

"The sooner we get this done, the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and hire and will provide more confidence to the rest of the world as well, so that they are committed to investing in America."

While I can't necessarily argue with the sentiment, let's take a look at the timeline of Obama's budget over the last couple years.

2/1/10, Obama proposes his 2011 budget
6/22/10, House Majority Leader Steny Hoyer announces Democrats will not pass a 2011 budget
9/29/10, Congress passes a continuing resolution to keep the govt operating on 2010's budget
12/2/10, Congress passes another budget continuing resolution
12/3/10, Obama Debt Commission releases its report and recommendations
12/16/10, Congress passes another budget continuing resolution
12/21/10, Congress passes another budget continuing resolution
2/14/11, Obama proposes his 2012 budget, ignoring most of his Debt Commission's recommendations. Note: still no 2011 budget has been passed.
3/3/11, Congress passes another budget continuing resolution
3/17/11,Congress passes another budget continuing resolution
4/8/11, Congress passes another budget continuing resolution (yes, this is still for fiscal year 2011, ending in Sept 2011)
4/13/11, Obama gives a speech proposing a new 2012 budget, essentially abandoning his Feb 14 proposal
4/15/11, A 2011 budget is finally signed into law, based entirely on 2010 plus some cuts
5/25/11, Obama's original budget proposal fails in the Senate, 97-0
6/23/11, CBO is asked about Obama's new 2012 budget proposal, and the director responds, "We don't estimate speeches."
7/8/11, Unemployment hits 9.2%, 18K jobs created. 2nd straight increase after four months of falling.

And then two days before the June unemployment rate is released, Obama senior advisor David Plouffe claims, "People won’t vote based on the unemployment rate ..." A stupid comment on par with the "growthless recovery."

So it's not as though the Obama administration has been all that worried about providing certainty to American business.

The popular maxim of the moment floating around is that no president since FDR has been re-elected with unemployment over 7%, and there's virtually no chance the rate drops that fast before Nov 2012. But who knows, maybe the "Magic Negro" can still pull it off.

Either way, America is finally starting to see what imbecilic economic policy-making really looks like.

[Cali Coug]

Originally Posted by Tex

In fierce damage control over a newly rising unemployment rate, Obama said on Friday:



While I can't necessarily argue with the sentiment, let's take a look at the timeline of Obama's budget over the last couple years.



And then two days before the June unemployment rate is released, Obama senior advisor David Plouffe claims, "People won’t vote based on the unemployment rate ..." A stupid comment on par with the "growthless recovery."

So it's not as though the Obama administration has been all that worried about providing certainty to American business.

The popular maxim of the moment floating around is that no president since FDR has been re-elected with unemployment over 7%, and there's virtually no chance the rate drops that fast before Nov 2012. But who knows, maybe the "Magic Negro" can still pull it off.

Either way, America is finally starting to see what imbecilic economic policy-making really looks like.

Magic Negro? Really? Why don't you add to your signature line that I think you are an insular racist too.

[Tex]

Originally Posted by Cali Coug

Magic Negro? Really? Why don't you add to your signature line that I think you are an insular racist too.

Forward your complaint to David Ehrenstein.

[Cali Coug]

Originally Posted by Tex

Forward your complaint to David Ehrenstein.

Ah. The "he did it first" defense.

[ChinoCoug]

Originally Posted by Tex

Forward your complaint to David Ehrenstein.

Add me too.