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(CNN)   Republicans: "The souring economy will spell the doom of Obama". Moody's: "The economy picked up 163,000 new jobs this week and is climbing". Republicans: "FUUUUUUUUUUUUUUU-"   (economy.money.cnn.com) divider line 170
    More: Cool, President Obama, sours, Moody, Intrade  
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2162 clicks; posted to Politics » on 28 Aug 2012 at 10:14 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-28 03:12:18 AM
I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.
 
2012-08-28 03:18:37 AM

Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.


Yeah, but he's not Obama.
 
2012-08-28 07:55:38 AM

miss diminutive: Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.

Yeah, but he's not Obama black.


FTFY
 
2012-08-28 08:22:40 AM
The Moody's map -- reproduced above -- currently shows Romney victories in Florida, North Carolina and Indiana. All are key swing states that John McCain lost in 2008.

That will change.

/He's not taking Florida after the Ryan pick.
 
2012-08-28 08:24:35 AM
the GOP is ready for this.

despite their best efforts, the economy is growing. so they've decided to go full-on racist for november.
 
2012-08-28 08:24:46 AM

quatchi: /He's not taking Florida after the Ryan pick.


And after a former governor of the state said he's for Obama. A Republican former governor.
 
vpb [TotalFark]
2012-08-28 08:43:08 AM
The odd thing is that they don't even pretend that they want the economy to get better. You would think they would try to hide it.
 
2012-08-28 08:44:36 AM
Even with the cheating and voter suppression in Ohio, Pennsylvania and Florida, Obama can still win this. Closer than it ought to be, but moderates paying attention + in-the-bag Democrats = enough to overcome the derpnami forming off the right coast.
 
2012-08-28 09:18:45 AM
Month, not week. 163,000 was for the month of July.
 
2012-08-28 09:31:28 AM
i249.photobucket.com

PC LOAD LETTER: miss diminutive: Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.

Yeah, but he's not Obama black.

FTFY


CSB: My father, a teabagger, claims this is the reason the GOP hung Herman Cain out to dry.
 
2012-08-28 09:32:34 AM

WhyteRaven74: quatchi: /He's not taking Florida after the Ryan pick.

And after a former governor of the state said he's for Obama. A Republican former governor.


Crist?
 
2012-08-28 09:35:17 AM

xanadian: WhyteRaven74: quatchi: /He's not taking Florida after the Ryan pick.

And after a former governor of the state said he's for Obama. A Republican former governor.

Crist?


*looks up Crist in Wikipedia*

Oh. Oh hahaha. Hahahahaha. HAHAHAHAHAHAHAHAHAHAHA!!!!

/RINO
 
2012-08-28 09:43:11 AM

WhyteRaven74: quatchi: /He's not taking Florida after the Ryan pick.

And after a former governor of the state said he's for Obama. A Republican former governor.


Yeah, saw that. Crist is a good egg sometimes.

The GOP are banking on "We're not gonna screw you, just your kids" working on the older Florida voters.

It's not gonna work.
 
2012-08-28 10:18:40 AM
GDP_graph_improvement.jpg

DOW_improvement.jpg

Domestic_oil_production_improvement.jpg

26_months_private_sector_job_growth.jpg

All_while_getting_butt_f*cked_by_filibusters.jpg
 
2012-08-28 10:18:43 AM
The economy is picking up hundreds of thousands of new jobs now in anticipation of a soon coming Romney administration. The job creators are seeing the light and the end of this tunnel. That's why. Trust me.....no, I'm not holding my laughter, it's just a tick...never mind it.
 
2012-08-28 10:20:35 AM

Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).


I don't understand how anyone could not lay the blame almost entirely on businesses that are sitting on record cash reserves and doing farkall with it. The situation we're in right now is pretty much a textbook example of trickle down failing to trickle.
 
2012-08-28 10:21:30 AM
And they're all abortion doctors.
 
2012-08-28 10:22:03 AM
The problem is the financial cliff, as NPR and economists are calling it. I've said it before on Fark, but when it comes to a head, the economy could lose 500 billon n government investment. That's a huge chunk.

Republicans: knock off the hard line. Your political opponents are not your children, they are your equals. No one is going to learn a lesson from your pig headed idiocy. Try negotiation. Like adults.
 
2012-08-28 10:22:52 AM
This is due to the excitement over the convention. Businesses are hiring now because they know Obama's reign of terror is nearly over.
 
2012-08-28 10:23:41 AM

xanadian: CSB: My father, a teabagger, claims this is the reason the GOP hung Herman Cain out to dry.


He also said some really strange things and seemed to know nothing about anything.
 
2012-08-28 10:25:03 AM

sprawl15: Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

I don't understand how anyone could not lay the blame almost entirely on businesses that are sitting on record cash reserves and doing farkall with it. The situation we're in right now is pretty much a textbook example of trickle down failing to trickle.


It's interesting that the Chairman of the Bank of Canada went out in front of the CAW (Canadian Auto-Workers union), one of the biggest private-sector unions in Canada, and said the same thing: That right now most companies are sitting on piles of cash and not investing it. Given that most companies do that when faced with volatility, I'm wondering what's causing the volatility at the moment, or whether it's just an example of penguins waiting for the first one to jump into the mouths of the leopard seals...
 
2012-08-28 10:25:03 AM
This is obviously a sign that the job creators see the light at the end of the tunnel of Obama's four years of Marxist rule.
 
2012-08-28 10:25:31 AM

Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.


Whether they think Romney has the will or the ability to make the economy better is secondary. The primary goal is to get Obama out.
 
2012-08-28 10:25:43 AM
At this point it doesn't matter what "experts" say about the economy. We could lose a million jobs we could add a million jobs. Companies can post record profits, companies could lose record amounts of money. At the end of the day your average worker is working harder, producing more and getting paid less. Capitalism is the problem here and both parties are to blame. There is no workers party, there is no middle class party.

/Both sides are bad so become a Socialist
 
2012-08-28 10:25:57 AM

sprawl15: I don't understand how anyone could not lay the blame almost entirely on businesses that are sitting on record cash reserves and doing farkall with it. The situation we're in right now is pretty much a textbook example of trickle down failing to trickle.


True, but the other underlying problem here is that it may not be something that can be effectively fixed through ANY direct political fiddling. It's entirely possible that we simply do not live in an economy that can support unskilled workers anymore.

The fact is that if you have an education and you have a modern skillset, you probably have a reasonable job as well. If you don't have an education and you know how to assemble cars or puts cogs on dowels, well... you should have been born in the middle of the last century, or you should have been born in Mexico.

We're going to have to face the fact at some point that a huge portion of our population is still trying to find work in industries that stopped being relevant in the developed world thirty years ago. We don't need to "bring manufacturing back to America", we need to teach Americans how to work outside manufacturing.
 
2012-08-28 10:26:03 AM
Liberal media is not invested as heavily in the total failure of the US economy???
 
2012-08-28 10:26:39 AM

Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

But I DO NOT understand the disconnect that follows which suggests that somehow Romney will even try to fix the economy. Romney has shown no indication that he is for anything other than speeding up the wealth divide.


I enjoy snarking on the Republicans, but even I don't agree with your post for two reasons. One, study after study shows that the POTUS really has very little control over what happens in the economy. Mostly because they are hamstrung by an opposition that will always seek to prevent, or at least water down their efforts. Two, I would disagree with the argument that Romney has shown no indication that he is uninterested in fixing the economy. I take it as a given that he truly does want to try and lower unemployment and boost growth. And that he is hopeful it will benefit lots of people. The issue I have is the GOP prescription for doing so. I believe that there policies will result in less benefit to the majority of Americans, with more benefit going to the wealthy who don't need help.

I don't question Romney's desire to help people. I question his methods to try and accomplish it.
 
2012-08-28 10:27:34 AM

indylaw: This is obviously a sign that the job creators see the light at the end of the tunnel of Obama's four years of Marxist rule.


Jairzinho: The job creators are seeing the light and the end of this tunnel. That's why.


I trademarked mine first...sorry.
 
2012-08-28 10:27:39 AM
"Despite everything we do, the economy's improving! We can't catch a break!" - every Republican in Congress

Seriously, when our elected officials are causing us direct harm because their party's dogma apparently requires them to do so, why in the hell are we still voting for these morons?
 
2012-08-28 10:28:06 AM
Of course, the economy picking up 163,000 new jobs means that we're losing ground due to population growth. You need 300,000 or so new jobs just to break even.

This is an "oh crap" issue for the Democrats, and they know it, no matter how hard they try to spin this bad news into good. "We're going down the drain half as fast" isn't a good message.

Not to mention, of course, that we need to have about a million new jobs per month for a couple of years just to catch back up to where we were in 2008 or so.
 
2012-08-28 10:28:30 AM
Since the Obama election, I got a job with an NHL team, several waitresses took me to their boudoirs, and I managed to find a gal who will put up with my crazy life, AND my little girl likes. Despite not working for the NHL, things are still better than they were before the election.

They are for damn sure better than when Romney was Governor of Mass.

Thus, in very personal terms, I'm not going to rock the boat. Team Romney was the deathknell of my marriage, a couple of great restaurants that I worked at, so really, by dint of magical thinking, and purely selfish terms, I associate Romney with failure and a ruination of my sex life. Team Obama means more jumping of my bones. Go 'Bama!
 
2012-08-28 10:28:43 AM

Vegan Meat Popsicle: True, but the other underlying problem here is that it may not be something that can be effectively fixed through ANY direct political fiddling.


Sure it can. Start taxing the everliving fark out of that money, and they'll stop sitting on it.
 
2012-08-28 10:28:44 AM

bartink: xanadian: CSB: My father, a teabagger, claims this is the reason the GOP hung Herman Cain out to dry.

He also said some really strange things and seemed to know nothing about anything.


You would think that would make him a favorite.
 
2012-08-28 10:29:41 AM
The best lesson I've gained from politics is "the charismatic guy always wins."
It's held true pretty much all the way to the invention of radio.

Given that, who wins the Charisma fight: Barack Obama or Mitt Romney?

Seems obvious.
 
2012-08-28 10:29:50 AM

cirby: Of course, the economy picking up 163,000 new jobs means that we're losing ground due to population growth. You need 300,000 or so new jobs just to break even.

This is an "oh crap" issue for the Democrats, and they know it, no matter how hard they try to spin this bad news into good. "We're going down the drain half as fast" isn't a good message.

Not to mention, of course, that we need to have about a million new jobs per month for a couple of years just to catch back up to where we were in 2008 or so.


Good on you, chap! Go down swinging. Ride this ship into the sea.
 
2012-08-28 10:29:52 AM

Nurglitch: I'm wondering what's causing the volatility at the moment, or whether it's just an example of penguins waiting for the first one to jump into the mouths of the leopard seals...


That's pretty much it. Everyone is hesitating because everyone is hesitating.
 
2012-08-28 10:30:02 AM

sprawl15: Frederick: I just dont seem the share the functioning disconnect enjoyed by the GOP supporters on the economy.

I understand being displeased with the current economy. I can even understand wanting to hold Obama responsible (I dont agree entirely, but understand).

I don't understand how anyone could not lay the blame almost entirely on businesses that are sitting on record cash reserves and doing farkall with it. The situation we're in right now is pretty much a textbook example of trickle down failing to trickle.


Good point.

As an example, the Corp. I work for has had 7 consecutive record profit setting quarters. But the company keeps telling us that raises just arent in the budget -because of the economy.
 
2012-08-28 10:30:12 AM

cirby: Of course, the economy picking up 163,000 new jobs means that we're losing ground due to population growth. You need 300,000 or so new jobs just to break even.

This is an "oh crap" issue for the Democrats, and they know it, no matter how hard they try to spin this bad news into good. "We're going down the drain half as fast" isn't a good message.

Not to mention, of course, that we need to have about a million new jobs per month for a couple of years just to catch back up to where we were in 2008 or so.


Right. 163,000 new jobs is exactly the same as 0 new jobs.
 
2012-08-28 10:30:27 AM
Moody's? You mean the same guys who rates all of the CDO and CMO tranches AAA+++ double plus good? Looks legit.
 
2012-08-28 10:31:28 AM

Jairzinho: indylaw: This is obviously a sign that the job creators see the light at the end of the tunnel of Obama's four years of Marxist rule.

Jairzinho: The job creators are seeing the light and the end of this tunnel. That's why.

I trademarked mine first...sorry.


Doesn't matter, comrade. You can't own property in Obama's America.
 
2012-08-28 10:31:46 AM

Frederick: As an example, the Corp. I work for has had 7 consecutive record profit setting quarters. But the company keeps telling us that raises just arent in the budget -because of the economy.


And at the same time, I'd bet that bonuses are flying among the executives.
 
2012-08-28 10:31:59 AM

FlashHarry: the GOP is ready for this.


Romney / Ryan 2012:

www.screeninsults.com
 
2012-08-28 10:32:26 AM
Subby, do you know how I know that you don't know how many jobs are needed to lower the unemployment rate?

We know how many jobs were added in July. We also know the impact it had on the unemployment rate.
 
2012-08-28 10:32:26 AM

qorkfiend: Right. 163,000 new jobs is exactly the same as 0 new jobs.


well, both sides are bad
 
2012-08-28 10:32:38 AM
This would seem to indicate that the economy is resilient enough to withstand deliberate GOP sabotage.
 
2012-08-28 10:32:46 AM
So, is it OK to talk about the economy now?
 
2012-08-28 10:33:04 AM

WhyteRaven74: quatchi: /He's not taking Florida after the Ryan pick.

And after a former governor of the state said he's for Obama. A Republican former governor.


Yup. That's the 'Campaign of anger and division' talking point. They will definitely go full retard at some point.
 
2012-08-28 10:33:35 AM
They will just have to try harder to kill it. That's what Republicans have been doing by their own admission.
 
2012-08-28 10:33:46 AM

cirby: Of course, the economy picking up 163,000 new jobs means that we're losing ground due to population growth. You need 300,000 or so new jobs just to break even.

This is an "oh crap" issue for the Democrats, and they know it, no matter how hard they try to spin this bad news into good. "We're going down the drain half as fast" isn't a good message.

Not to mention, of course, that we need to have about a million new jobs per month for a couple of years just to catch back up to where we were in 2008 or so.


This is not an "oh crap" issue for any political party. It is an "oh crap" issue for the entire country. No matter which party is in power they would both be fumbling and the economy would still be shiatting the bed. The answer to this issue cannot be and will not be answered using the constructs of free market capitalism. To the free market capitalist there is no problem and things are working out rather well for them. If workers want solutions they need to unite.
 
2012-08-28 10:34:47 AM

sprawl15: Frederick: As an example, the Corp. I work for has had 7 consecutive record profit setting quarters. But the company keeps telling us that raises just arent in the budget -because of the economy.

And at the same time, I'd bet that bonuses are flying among the executives.


Same boat here. We just netted record revenues and decent profits, but because it isn't hitting our growth projections and our market share isn't increasing enough, we're going to have layoffs at some point.

Seriously, how greedy are you, exec board? I think the stock market needs to reset their f*cking expectations just a bit.
 
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