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(MSNBC)   The recession is officially over in every part of the country. This is bad news... for Obama   (openchannel.msnbc.msn.com ) divider line
    More: Obvious, City College of New York, American Election, Palm Coast, GFC, El Centro, Corexit, moving average, Providence College  
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2071 clicks; posted to Politics » on 15 Jun 2012 at 12:32 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-15 12:51:45 PM  

LasersHurt: Interesting that the Romney campaign is doubling down on the "the economy isn't fine" line of attack when indicators are all positive, if slow. It's a risky maneuver to put yourself on the opposite side of hard data.


i52.tinypic.comi51.tinypic.com
"The Economy is fine! All indicators are positive!"

 
2012-06-15 12:52:15 PM  
And if you want to see the root of all that unemployment in the first place, go back to that hearing when several Republican senators raced to undo Jamie Dimon's zipper with their tongue.
 
2012-06-15 12:52:28 PM  

LasersHurt: Interesting that the Romney campaign is doubling down on the "the economy isn't fine" line of attack when indicators are all positive, if slow. It's a risky maneuver to put yourself on the opposite side of hard data.


There's no such thing as hard data in US political discourse.
 
2012-06-15 12:52:34 PM  
Now that the libs agree that the recession is over, can we finally get around to laying off the government burdens on the job creators. it seems like there's no reason to not implement Romney's tax cuts now...or is that all just lib pandering?
 
2012-06-15 12:52:41 PM  

Satanic_Hamster: In the last month, the biggest GOP supporters at my job have claimed:
Obama has killed oil production in the US.
Obama has killed coal production in the US.
Obama and "the liberals" are responsible for Medicare Part-D.

(another great one from that conversation: always carry a gun with you if you have to travel to Virginia and any state north of that because the Liberals have fired so many cops that all those states are so dangerous crime infested hell holes because the liberals don't want to arrest any criminals and now you can't travel through Virginia and Pennsylvania and New York without getting raped robbed and murdered because of the liberals hating guns)


You're making all that up.

/ I know because real GOP opinions are much more insane....
 
2012-06-15 12:53:09 PM  
Things are a little less sucky than they used to be. Everything's fine again!

/dead opposite of yesterday's military budget justification "if we cut the budget we won't overpower the world as much as we do now"
 
2012-06-15 12:53:12 PM  
Yeah, I'm a registered Democrat but am not going to hold my breath for this economy until Europe sorts itself out. We are pretty powerless over what happens over there, but our economy gets walloped each time theirs gets worse.
 
2012-06-15 12:54:11 PM  

lennavan: Good analogy, lets extend it.


ohsnap.jpg
 
2012-06-15 12:54:15 PM  
MSNBC ? Anyone have credible source?
 
2012-06-15 12:54:34 PM  

LasersHurt: Interesting that the Romney campaign is doubling down on the "the economy isn't fine" line of attack when indicators are all positive, if slow. It's a risky maneuver to put yourself on the opposite side of hard data.


The Romney campaign is not being fact-checked in any meaningful way, whether due to the pure volume of dishonesty that they have going or due to the refs being worked, I'm not sure. Unless and until that happens, Romney can say just about anything short of "Do we really trust a Mormon millionaire like Obama to understand the plight of middle America?" and it's not going to hurt him.
 
2012-06-15 12:54:50 PM  

loveblondieo: That's news to me and the rest of us on unemployment.


Many people currently out of work made the mistake of not immediately looking for a job after being laid off. The gap in employment makes people look bad, like something is wrong with them. If you kept a job during the recession it makes you look good, like you must have been worth it.
 
2012-06-15 12:55:14 PM  

gulogulo: Yeah, I'm a registered Democrat but am not going to hold my breath for this economy until Europe sorts itself out. We are pretty powerless over what happens over there, but our economy gets walloped each time theirs gets worse.


That and hope for the GOP to be kicked out of congress. They have been trying to put the breaks on the economy every step of the way.
 
2012-06-15 12:55:46 PM  

EyeballKid: And if you want to see the root of all that unemployment in the first place, go back to that hearing when several Republican senators raced to undo Jamie Dimon's zipper with their tongue.


www.motherjones.com

Suck it, Libs!
 
2012-06-15 12:56:16 PM  

loveblondieo: That's news to me and the rest of us on unemployment.


Indeed. Because there is 0% unemployment in a good economy.

//negative unemployment in a great economy.
 
2012-06-15 12:56:21 PM  

Rich Cream: Things are a little less sucky than they used to be. Everything's fine again!

/dead opposite of yesterday's military budget justification "if we cut the budget we won't overpower the world as much as we do now"


To use the Mitt Romney was born on third base, he didn't hit a triple analogy. The economy was on third base rounding home in 2007 when the Ump called a bad play...putting the economy on first base. Since then, the economy has managed to steal second base three times but been called back 2 times.
 
2012-06-15 12:56:59 PM  

snowshovel: Now that the libs agree that the recession is over, can we finally get around to laying off the government burdens on the job creators. it seems like there's no reason to not implement Romney's tax cuts now...or is that all just lib pandering?



Depends, do you think Romney tax cuts will reduce the deficit?* If so, how?


* you remember, the issue that you were wetting your pants over a few months back
 
2012-06-15 12:57:07 PM  

God's Hubris: Or perhaps you should advise the GOP House they aren't doing enough.


The root of our economic problems go back to the Bush administration. By that I mean only the democrats in congress at the time, not Bush or any republicans.
 
2012-06-15 12:57:15 PM  

cameroncrazy1984: I_C_Weener: The Depression has begun?

See? Another Republican who has mastered the art of ignoring reality.


You're the best teacher that ever was.
 
2012-06-15 12:57:52 PM  
On a different note, Obama royally farked up his chance for reelection

I mean if you actually read who is included in the order, it's totally cool but that requires you read it. The GOP is gonna have a field day with this.
 
2012-06-15 12:58:15 PM  
coeyagi

loveblondieo: That's news to me and the rest of us on unemployment.

Indeed. Because there is 0% unemployment in a good economy.

//negative unemployment in a great economy.


makes me think something like "We love it that American's have no choice and everybody works two jobs. That's great."
 
2012-06-15 12:58:20 PM  

Corvus: That and hope for the GOP to be kicked out of congress. They have been trying to put the breaks on the economy every step of the way.


Well, they're owned by big business. And big business wants a bad economy.
 
2012-06-15 12:58:53 PM  

Tyee: MSNBC ? Anyone have credible source?


Well, it's not much, but it certainly doesn't leave its viewers with the title of least informed of all cable news networks viewers.

Your concern. It sustains US.
 
2012-06-15 12:59:17 PM  

Guidette Frankentits: On a different note, Obama royally farked up his chance for reelection

I mean if you actually read who is included in the order, it's totally cool but that requires you read it. The GOP is gonna have a field day with this.


The hispanic population has never been a bigger group. There's a good chance that, even if a few people "switch sides" because they're offended by this, he'll pick up as many votes from people who are FOR it.
 
2012-06-15 12:59:33 PM  
This thread is inane. You all should feel bad.
 
2012-06-15 01:00:02 PM  

paygun: God's Hubris: Or perhaps you should advise the GOP House they aren't doing enough.

The root of our economic problems go back to the Bush administration. By that I mean only the democrats in congress at the time, not Bush or any republicans.



fark YOU, BARNEY FRANK AND FREDDIE MAE!!!
 
2012-06-15 01:01:13 PM  

Guidette Frankentits: On a different note, Obama royally farked up his chance for reelection

I mean if you actually read who is included in the order, it's totally cool but that requires you read it. The GOP is gonna have a field day with this.


Its a trap. Bring up immigration and the numbers show Obama has deported more illegals than any other President. Don't fall for it!
 
2012-06-15 01:01:36 PM  

paygun: God's Hubris: Or perhaps you should advise the GOP House they aren't doing enough.

The root of our economic problems go back to the Bush administration. By that I mean only the democrats in congress at the time, not Bush or any republicans.


pjmedia.com
 
2012-06-15 01:01:50 PM  

busy chillin': coeyagi

loveblondieo: That's news to me and the rest of us on unemployment.

Indeed. Because there is 0% unemployment in a good economy.

//negative unemployment in a great economy.

makes me think something like "We love it that American's have no choice and everybody works two jobs. That's great."



"You work three jobs? ... Uniquely American, isn't it? I mean, that is fantastic that you're doing that." -President George W. Bush, to a divorced mother of three, Omaha, Nebraska, Feb. 4, 2005
 
2012-06-15 01:02:10 PM  

Guidette Frankentits: On a different note, Obama royally farked up his chance for reelection

I mean if you actually read who is included in the order, it's totally cool but that requires you read it. The GOP is gonna have a field day with this.


He always had a severe disadvantage among the white working class. Like a 7:3 disadvantage. The math on this has been figured in just like when support for gay marriage was going to lose him the black vote.
 
2012-06-15 01:02:26 PM  

LasersHurt: It's a risky maneuver to put yourself on the opposite side of hard data.


Isn't that what the GOP does best?
 
2012-06-15 01:02:50 PM  

loveblondieo: That's news to me and the rest of us on unemployment.


As any conservative will tell you, people receiving unemployment are just lazy government dependents. IF you didn't get government benefits you would be working now.
 
2012-06-15 01:03:46 PM  

soy_bomb: paygun: God's Hubris: Or perhaps you should advise the GOP House they aren't doing enough.

The root of our economic problems go back to the Bush administration. By that I mean only the democrats in congress at the time, not Bush or any republicans.

[pjmedia.com image 461x315]


You are going to be just inconsolable from now until the election, aren't you?
 
2012-06-15 01:04:46 PM  

Corvus: gulogulo: Yeah, I'm a registered Democrat but am not going to hold my breath for this economy until Europe sorts itself out. We are pretty powerless over what happens over there, but our economy gets walloped each time theirs gets worse.

That and hope for the GOP to be kicked out of congress. They have been trying to put the breaks on the economy every step of the way.


Yeah, I agree the party of "no" has wanted the economy to tank so badly under Obama that they made sure it would happen. However, I'd caution about believing the Democrats haven't been making some really foolish choices in the name of politics rather than the good of the national economy. I'm growing ever more resentful of both parties move to their polarizing extremism.
 
2012-06-15 01:05:00 PM  
All you people (and couples) who have two jobs should quit one of them so there would be twice as many people working! You selfish bastards!
 
2012-06-15 01:05:40 PM  
I was under the impression that as far as indicators go we've been out of the recession for over a year now.
 
2012-06-15 01:06:09 PM  

bmongar: loveblondieo: That's news to me and the rest of us on unemployment.

As any conservative will tell you, people receiving unemployment are just lazy government dependents. IF you didn't get government benefits you would be working now.



loveblondieo should be pulling up his bootstraps like a Real American, instead of looking for a government handout.
 
2012-06-15 01:06:16 PM  

LasersHurt: You are going to be just inconsolable from now until the election, aren't you?


Yes, I have been devastated since the Wisconsin recall election.
 
2012-06-15 01:06:49 PM  

soy_bomb:

[pjmedia.com image 461x315]


Thanks for the racist chart, dude.
 
2012-06-15 01:07:23 PM  

gulogulo: I'm growing ever more resentful of both parties move to their polarizing extremism.


What have the Democrats done that's moved them towards "polarizing extremism"?
 
2012-06-15 01:07:24 PM  

lennavan: soy_bomb: "The Economy is fine! All indicators are positive!"

Agreed.
Stock market going up.


Woohoo! Wall Street, not Main Street!
 
2012-06-15 01:07:57 PM  

I_C_Weener: Rich Cream: Things are a little less sucky than they used to be. Everything's fine again!

/dead opposite of yesterday's military budget justification "if we cut the budget we won't overpower the world as much as we do now"

To use the Mitt Romney was born on third base, he didn't hit a triple analogy. The economy was on third base rounding home in 2007 when the Ump called a bad play...putting the economy on first base. Since then, the economy has managed to steal second base three times but been called back 2 times.



I don't know, is on third base.
 
2012-06-15 01:07:58 PM  

LasersHurt: The hispanic population has never been a bigger group. There's a good chance that, even if a few people "switch sides" because they're offended by this, he'll pick up as many votes from people who are FOR it.


Ultra-liberals like to think that the illegal immigration issues isn't as partisan as it really is. This isn't like the issue of gay marriage where every day an independent changes their stance and an old bigot dies off increasing the amount of people in favor of it.
The economy has been doing bad and people want help. Helping a group of people who 1) can't vote and 2) now can get work permits doesn't really stand well with those who are unemployed.

It's not hispanics that decide presidential elections, it's independents. California has a huge growing hispanic population, but did they get any more electoral votes? Fark no.

The last thing Obama needed to do before the election was touch this issue.
 
2012-06-15 01:08:01 PM  

Fart_Machine: I was under the impression that as far as indicators go we've been out of the recession for over a year now.


Those numbers have been revised, and it now clearly shows that the recovery started before the recession did.
 
2012-06-15 01:08:24 PM  

Tyee: MSNBC ? Anyone have credible source?


Moody's Analytics are a bunch of partisan hacks amirite?
 
2012-06-15 01:08:43 PM  
img535.imageshack.us
 
2012-06-15 01:08:46 PM  

soy_bomb: lennavan: soy_bomb: "The Economy is fine! All indicators are positive!"

Agreed.
Stock market going up.


Woohoo! Wall Street, not Main Street!


I agree, trickle down is indeed a stupid proposition.
 
2012-06-15 01:09:29 PM  

Rich Cream: I_C_Weener: Rich Cream: Things are a little less sucky than they used to be. Everything's fine again!

/dead opposite of yesterday's military budget justification "if we cut the budget we won't overpower the world as much as we do now"

To use the Mitt Romney was born on third base, he didn't hit a triple analogy. The economy was on third base rounding home in 2007 when the Ump called a bad play...putting the economy on first base. Since then, the economy has managed to steal second base three times but been called back 2 times.


I don't know, is on third base.


What?
 
2012-06-15 01:09:55 PM  
the recession was over in 2009.
 
2012-06-15 01:10:49 PM  
P(reelection) = w1*exp(-[unemployment rate]) + w2*exp(-[gas prices])

where w1 + w2 = 1

Gas prices are falling, but not by much. Could just be the usual up & down.

Unemployment, not so much.
 
2012-06-15 01:11:59 PM  

beta_plus: P(reelection) = w1*exp(-[unemployment rate]) + w2*exp(-[gas prices])

where w1 + w2 = 1

Gas prices are falling, but not by much. Could just be the usual up & down.

Unemployment, not so much.


That's down too. Does that not count? And do you think Romney will get it lower without a high cost?
 
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