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(The New York Times)   "Without exaggeration, the single biggest impediment to a stronger economic recovery has been the years of dysfunction in Washington and the policies that have emerged"   (nytimes.com) divider line 114
    More: Sad, killer, economic recovery, debt ceiling crisis, sexual dysfunction, Big Dig, Macroeconomic Advisers, obstacles, Moody's Analytics  
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1158 clicks; posted to Politics » on 24 Oct 2013 at 12:12 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-10-24 02:51:16 PM  

Tricky Chicken: And Obama was against raising the debt ceiling before he was for it.


He was a Senator before he was President. And this only proves yet again that the debt limit is arbitrary and used only as a partisan hammer when the other party is in charge. It should be abolished.
 
2013-10-24 02:52:48 PM  

Tricky Chicken: Because the last time Newt shut down the government, he shoved the idea of a balanced budget down Clinton's throat. Then the revisionists forgot that part and praised Clinton for balancing the budget albiet against his will and in the same breath vilified Newt for balancing the budget.


Wow... Really... Believing Newts campaign speeches. I mean do you even bother to look these things up.  The Budget done in 1993, with Newt's intense opposition did most of the the heavy lifting in regards to balancing the budget. And that was even before the balance budget act. Newt was ahead of his time you could say. He was against balancing the budget before he was for it.
 
2013-10-24 02:53:36 PM  

Tricky Chicken: And Obama was against raising the debt ceiling before he was for it. Do you need me to pull his quotes as a Senator for you?


Oh, for fark's sake.

If you actually understand the context of Obama's remarks, it's quite clear that the "lack of leadership" line refers to the fact that the Republicans had no mechanism in place to pay for their new spending (notably Medicare Part D) and instead chose to put it on the credit card.
 
2013-10-24 03:15:30 PM  

jst3p: flynn80: Until this is changed we forever be caught in a cycle of artificial boom and bust,

Because before the Fed there was no "boom and bust" cycle.


There was.  But it was a *natural* boom and bust cycle, and all things natural are unicorns and rainbows.
 
2013-10-24 03:16:00 PM  

Tricky Chicken: JesusJuice: Tricky Chicken: odinsposse: Tricky Chicken: So the lesson learned would be?

If you win and control all branches of government but see that there is a very real liklihood of losing one or more branch in the next election, it is a terrible idea to force through an enormous  extremely partisan law that is loathed by the other side in the middle of the night right before you lose power.

The extremely partisan law created by the Heritage Foundation and enacted by a Republican governor? That one?

Yes, that extremely partisan law.  Can you remember how many republicans or independants voted for it in the house or senate?

No Republicans voted for the law, because work only gets done  in spite of the GOP.

How many republicans voted for Bill Clinton's balanced budgets?


Bill Clinton is white.
 
2013-10-24 03:39:16 PM  
Y'alls in a troll thread, but keep farking that chicken.
 
2013-10-24 04:09:35 PM  
it's just amazing that america only has two political parties and one them thinks that there shouldn't be a government at all!
 
2013-10-24 04:09:58 PM  

SurfaceTension: Has anyone pointed out to modern Teabaggers that the original Boston Tea Party had nothing to do with reducing taxes? It was over a lack of representation in Parliament.


Point out facts to the Tea Party?  Historical facts from centuries ago?  Slow down there buddy, they think the 2008 economic collapse was Obama's fault.  Let's not overreach.

First let's convince them that the death panels are not real and the UN and Sharia law isn't taking over the country.  Baby steps.
 
2013-10-24 06:14:36 PM  

Trivia Jockey: The Wall Street Journal's editorial page, the best gauge of establishment right-wing thinking in the nation, blames the anemic recovery on "regulation and ObamaCare." They got one thing right: The recovery is anemic. In fact, it's the worst recovery on record. When you consider how far the economy fell in 2008 and 2009..., the slow pace of growth is even more startling. But it has nothing to do with regulation or Obamacare. Businesses expand and hire only if they have more customers. Yet American consumers, who account for 70 percent of all economic activity, can't spend more. The median household is poorer now than it was in 2009. Over 95 percent of all the gains since then have gone to the top 1 percent. And, of course, most Americans can no longer borrow as they did before the Great Recession, to make up for flat or declining wages. Get it? The underlying economic problem is America's surging inequality. The Wall Street Journal's editorial page won't point this out. The interesting question is why the mainstream media won't, either. Nor will any prominent politician, from the President on down.

--Robert Reich


The problem is that both parties have no interest in changing this. The Democrats because they fear if that they do, they'll be seen as anti-business by the Republicans. Thus lose elections, which seems to be the most important concern in Washington all the time. Winning elections, not doing what is best for the American people. Also because some Democrats if not most Democrats are fine with the current system, after all about half of congress are millionaires and millionaires overwhelmingly believe in not going against their own interests.

Who'd of thunk it.

The mainstream media wont save us. They're part of the problem because guess what, they're corporations ran by millionaires too.

Which is why the people need to step up, even if a third party can't get elected if there is a unified and clear message such a party could still be of some use in steering us in the right direction. Winning elections isn't everything after all. Of course that would require the American people to come together and agree on something. Which is troublesome because we don't agree on the role of government as a whole. What is clear is that a house divided among it self cannot stand.

Still, I'll take a stab on some things that both sides could possibly agree on.

1: No more spying on Americans, just no.

2: There needs to be some accountability in this country, we cannot allow people to crash the economy or do harm to the American people and get away with it. It isn't anti-business to make sure greed and stupidity doesn't destroy this country.

3: We need to take all the steps necessary to make our education system is competitive. At the moment we spend more money per student than anyone else in the world, and yet a majority of high school students graduate without the skills needed for college. If they graduate at all. Its simple: If we don't have an sufficiently educated population, the nation it self wont stay competitive.

4: There has to be immigration reform. There has to be. Not only for those who come here legally, because its a pain in the arse for them to do so legally but also addressing the problem of illegal immigration. Mostly because everyone I think agrees that illegal immigrants have helped depress wages. So eh.

Anyway, I'm just tired of this shiat. I'm tired of greed and insanity being the two most prevalent ideas of how to run this country.
 
2013-10-24 06:17:03 PM  

super_grass: Guy didn't say that the GOP was solely responsible, must be some kind of apologist.


It wouldn't be accurate to say the GOP is solely responsible, just almost entirely (say +/-97%) and they actively continue to try to make it worse.  Fark 'em. They need to be removed by the voters.
 
2013-10-24 06:32:53 PM  
Consumerism doesnt work without Consumers?

Say it aint so!
 
2013-10-24 07:01:58 PM  

bbfreak: The problem is that both parties have no interest in changing this. The Democrats because they fear if that they do, they'll be seen as anti-business by the Republicans. Thus lose elections, which seems to be the most important concern in Washington all the time. Winning elections, not doing what is best for the American people. Also because some Democrats if not most Democrats are fine with the current system, after all about half of congress are millionaires and millionaires overwhelmingly believe in not going against their own interests.

Who'd of thunk it.


This is the only valid BSAB argument. In this case, it really is true. Millionaires just aren't that into you and me.
 
2013-10-24 10:48:09 PM  
On one hand, the Republicans took hostages and threatened the stability of the United States government. On the other, the Democrats didn't even let them kill just ONE little hostage; how is that fair?

I am still undecided.
 
2013-10-24 11:26:32 PM  

Evil High Priest: bbfreak: The problem is that both parties have no interest in changing this. The Democrats because they fear if that they do, they'll be seen as anti-business by the Republicans. Thus lose elections, which seems to be the most important concern in Washington all the time. Winning elections, not doing what is best for the American people. Also because some Democrats if not most Democrats are fine with the current system, after all about half of congress are millionaires and millionaires overwhelmingly believe in not going against their own interests.

Who'd of thunk it.

This is the only valid BSAB argument. In this case, it really is true. Millionaires just aren't that into you and me.


True, but not all millionaires were born millionaires.  Some of them actually understood what it was like to be poor, or at least could relate to the blight of folks that aren't as well off as them.

You know... people with morals.
 
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