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(Reason Magazine)   The Obama campaign does not seem to be bothered by the fact that it spent more than it raised in June, calls it "practice"   (reason.com) divider line 110
    More: Interesting, President Obama, Obama campaign, Fe C, TV Land, swing states, DNC  
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727 clicks; posted to Politics » on 23 Jul 2012 at 9:46 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-23 12:18:31 PM

kyrg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.


The Obama campaign isn't in debt. They dipped into the war chest they've been building in previous months.
 
2012-07-23 12:48:10 PM

WombatControl: It found that 66 percent believe paltry job growth and slow economic recovery is the result of bad policy. Thirty-four percent say Obama is the most to blame, followed by 23 percent who say Congress is the culprit. Twenty percent point the finger at Wall Street, and 18 percent cite former President George W. Bush....


61% of people think that either: Congress, Wall Street, or George W Bush are "most to blame" about the economy compared to 34% who think Obama is.

This is bad news...for Obama.

You're starting to become a caricature of yourself.
 
2012-07-23 01:34:28 PM

The Homer Tax: WombatControl: It found that 66 percent believe paltry job growth and slow economic recovery is the result of bad policy. Thirty-four percent say Obama is the most to blame, followed by 23 percent who say Congress is the culprit. Twenty percent point the finger at Wall Street, and 18 percent cite former President George W. Bush....

61% of people think that either: Congress, Wall Street, or George W Bush are "most to blame" about the economy compared to 34% who think Obama is.

This is bad news...for Obama.

You're starting to become a caricature of yourself.




That same poll you pulled that from:

47. If Barack Obama were re-elected, do you think his policies would improve your own
financial situation, make it worse, or would his policies not have any effect on your own
financial situation?
Improve my situation Make it worse Have no effect DK/NA
4/13-17/12* 26 38 33 2
7/11-16/12* 26 39 30 5


54. If Mitt Romney were elected, do you think his policies would improve your own
financial situation, make it worse, or would his policies not have any effect on your own
financial situation?
Improve my situation Make it worse Have no effect DK/NA
4/13-17/12* 28 26 36 10
7/11-16/12* 32 25 34 9



So the electorate believes, by a 13% margin, that re-electing Obama will make their situation worse, while believing, by a 7% margin, that electing Romney will make their situation better.

This is bad news... for Romney.
 
2012-07-23 01:38:45 PM
so, if president Obama wins re-election is this proof positive that sometimes deficit spending is reasonable?
 
2012-07-23 01:54:41 PM

Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.


That doesn't even fall under balanced budget. The Obama campaign has had donations for many months previous to June. I am willing to bet the have a surplus even now.

Anyone capable of reason knows Reason is misnamed. It's a Koch project, pure and simple.
 
2012-07-23 01:55:22 PM

RolandGunner: This is bad news... for Romney.


I didn't pull anything from anything. I was responding to someone else's poll. I was pointing out that he wasn't making the point that he thought he was making.
 
2012-07-23 02:45:48 PM

The Homer Tax: RolandGunner: This is bad news... for Romney.

I didn't pull anything from anything. I was responding to someone else's poll. I was pointing out that he wasn't making the point that he thought he was making.



Well, on that ground I think you are reading that wrong, at least insofar as it relates to the coming election. Of those listed in the question only Obama is up for re-election. And from this poll, on domestic policy, Romney currently has a rather commanding lead on Obama by a fairly wide margin.

In fact, of all the various policy concerns, Romney leads in Two of the top three concerns and ties the third. Obama leads in Foreign policy and Social Issues which rank fourth and seventh out of seven. So on the domestic policy front Romney leads with a score of 3-1-2 to Obama's 1-3-2. So, unless the country decides to start giving a crap about gay marriage, Obama is in trouble. And on the foreign policy front, he's looking less and less adept as Egypt spirals out of control and the government that he helped into office by pressuring Mubarak while doing nothing to assist the pro-western forces left in his wake is now discussing whether or not the Great Pyramids should be demolished as an affront to Allah.
 
2012-07-23 02:56:41 PM

Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.


When candidates start running deficits in a campaign, they start selling off assets like donor lists. So making a law that you have to run a balanced campaign budget might be good policy.
 
2012-07-23 03:58:26 PM

RolandGunner: now discussing whether or not the Great Pyramids should be demolished as an affront to Allah.



Update: The reports only partially correct as far as I can tell. Islamists have/are destroying ancient sites in Timbuktu, but no actual calls to destroy the pyramids.
 
2012-07-23 09:02:49 PM
It's like Obama is planning on not running again, and will try to get to as close to zero in the end as possible.

It's also like he figured the Super PACs will start spending TONS of money on advertisements in the near future.

/Sometimes forethought is a good thing.
//Or long term planning.
 
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