One day I'll have to explain the 2012 election to my children and I'll be completely lost as to how to do it.

AiryAnne: Glad to see a rich man's toy company finally making a profit thanks to a half a billion dollar loan from the government.

Not to mention the rich folks that buy one get a nice tax credit for doing so.

So---- you voted against Romney, right?

Romney was voted Cur of the Year in November 2012

HellRaisingHoosier: One day I'll have to explain the 2012 election to my children and I'll be completely lost as to how to do it.

Don't forget Rafalca. Her tale must be told.

That Mitt said that actually makes perfect sense.

Mitt all about devaluing companies so they can be sold off to other countries that generate tax breaks for the big-butted investors?

Or something like that.

wutevah....i will study it out and comment later after I let the dogs out. (yt)

enik: So Romney is now 1000-1. While our 'Community Organizer in Chief' with zero private sector experience is still 0-1000. Got it!

This is bad, even for a troll post.

Devolving_Spud: To be fair, his dad was CEO of American Motors.   He would know what a loser car company looks like.

+1'd. And Funny'd.

// good show, old bean - a masterful riposte

Devolving_Spud: To be fair, his dad was CEO of American Motors.   He would know what a loser car company looks like.



party on dude

More proof that Romney should get out of picking investments and take up something he is good at.  Like politics.

Whoops! Nevermind.......

NateGrey: dfenstrate: That's right, let's keep talking about Romney, so we don't have to talk about what a continuing failure Obama is. But hey, all the cool kids voted for Obama, so that makes everything cool, right?

I think we should talk about Romney, I mean you guys wanted him to be President! How scary would that have been.

I'd be quite happy to stop hearing about him, myself.

MugzyBrown: RangerTaylor: Yup, all these economic numbers are TERRIBLE.  Thank god all the Republicans have been proved right in their doomsday predictions.  If only  Romney had won, we might have had the Dow and S&P at record highs along with 5-year lows in unemployment.

/THANKS, OBAMA!

You should look beyond the very basic economic numbers to see that the economy is not in very good shape.

Compared to what?

// let's look month-to-month starting in January 2007 or so, shall we?
// hmmm, says here on these charts that you're wrong

Mitt who?

MugzyBrown: The U-6 unemployment rate is virtually unchanged since 2009

That takes a special kind of stupid to actually believe. In 4 years, it's back to where it was, but in the interim, the U6 was up near 9-10%, now it's back under 8 (I can haz 7.5% last month?). (Or am I thinking U3? Regardless, they both spiked up in the last 4 years, and are now back to where they were. Progress!)

Also, by that logic, no one made any money from 2000-2008 since the Dow and most other economic/financial metrics went nowhere (if they didn't go down) between 2000 and 2008.

And your poverty rate numbers suggest that inflation is hurting people and/or we need to raise the minimum wage. Also that there was a MAJOR FARKING RECESSION from 2008-2010, which wiped out many peoples' incomes (600-700,000 jobs lost in 2008 alone IIRC), and may be contributing to a long-term trend.

Regardless, the point remains that by virtually every metric our monthly performance has improved. 36 or 38 straight months of job growth. Incomes are going up this year despite the OMG TAX INCREASES! and OMG SEQUESTER! Housing is recovering (there's a glut of inventory. Don't screw it up this time, OK?). You can find numbers that go against this trend, but you're ignoring the obvious at that point.

Dr Dreidel: That takes a special kind of stupid to actually believe.

I farked that up. "It takes a special kind of stupid to believe that The U-6 unemployment rate is virtually unchanged since 2009 matters."

MugzyBrown: Dr Dreidel: Compared to what?

// let's look month-to-month starting in January 2007 or so, shall we?

Sure..

Percentage of people at 125% or below of the poverty rate

2007: 17%
2008: 17.9%
2009: 18.7%
2010: 19.8%
2011: 19.8%

The U-6 unemployment rate is virtually unchanged since 2009

So you can point to the DOW and pretend the economy is improving, or you can see how the lower/middle class is performing and see it's not too hot.

It's almost as if there is a party controlling a Congressional roadblock that favors the rich instead of everyone else.

kab: Rent Party: They're doing it with Guitar Center right now.

They're just accelerating the inevitable.   Guitar Center is way bigger than the demand for what they sell.

They are managing to steal quite a lot of money on the way too. That's the issue, not that the business would have survived without them.