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Thread: Election Day 2012 Thread
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11-07-2012, 05:10 PM #253
Re: Election Day 2012 Thread
is that inflation adjusted? And by inflation adjusted I DO NOT mean using hte current governmental defined inflation figure, but one that is based on reality. If not, 2% isn't even keeping up with real world inflation.
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11-07-2012, 08:24 PM #254
Re: Election Day 2012 Thread
One problem with this. Democrats held both the House and Senate for Obama's first two years. The media was able to fool half the country that Conservatives have been holding him up since the day he got into office, when he had a supermajority in the Senate and overwhelming control of the House.
The reason the House flipped in 2010 is because people wanted to stop what was going on. It's also why they kept the house now. A buffer to hopefully keep Obama from finishing off what he started.
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11-07-2012, 08:32 PM #255
Re: Election Day 2012 Thread
Also, HR man you were dead on about the whole damn thing. I thought the debates were enough when they swung the polls in Romney's direction. But you were absolutely right that Romney should have fought back long before the convention. He allowed the Democrats, Obama, and the lapdog media to define him through complete lies and demagoguery.
The Republican party on the whole also never got behind him. Republican leadership in the House and Senate hardly uttered a word of support for Romney. Ohio Gov. Kasich should have been all over the media airwaves pushing Ohio for him. And during Hurricane Sandy while everyone was focused on Chris Christie getting used by Obama for nothing but a Presidental-looking photo op, the Republicans were silent.
And then the polls. Rasmussen was so wrong on Party ID, and you were right about the state polls. The electorate was exactly what it was in 2008, and it looks like 2010 was just an anomaly.
So, I'm man enough to admit I had this all wrong. In my heart, I thought high unemployment, high gas prices, debt and credit downgrades, and everything that happened in Libya and Syria would be enough to move the country back to the right. But the welfare state won. Obamaphones won. Vaginas over jobs won (and I know someone who actually told me they knew they would be financially worse off in 4 years and didn't care). The "give me free stuff" crowd won.
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11-07-2012, 08:42 PM #256Legendary RSR Poster
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I take zero pride in being right but kudos to you for owning it. I could tell you we're invested in this more than some folks.
Takes balls, my friend.
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Re: Election Day 2012 Thread
I love the quote that conservatives can stop pretending they like Romney.
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Re: Election Day 2012 Thread
the effects were stopped and started turning around by that point. the reason they lost control wasnt so much that people wanted to stop what was going on, but young, minority and women voters didnt show up like they did for the presidential one.
Ill go as far to say that it likely happens again and mid terms.Last edited by JAB1985; 11-08-2012 at 09:18 AM.
-JAB
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Re: Election Day 2012 Thread
The ideal growth rate is between 2-3%. This is fast enough to provide enough jobs but not so fast it will create inflation.-JAB
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Re: Election Day 2012 Thread
the point is its still growing. Not as fast as you may like but its not like its "stalled" or declining. 2-3% is good, we all would like more coming from a recession but its not a bad thing to have it in the "healthy" zone regardless. my statement that its continuing to grow is true, and if we continue to slow the spending and pay back the deficit, which Obama has said is going to be the focal point of this term, than i think well be alright.
Its easy to point at whos in office and say the other would have done it better or faster, but in reality we have no idea. I think where we were, no matter who was the president wed be seeing similar numbers, or if they let the auto industry fail completely, possibly worse.
Side note, the only company that still owes money is ford, who said it didnt need a bailout to begin with, odd.-JAB
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Re: Election Day 2012 Thread
That was the focal point of his first term too, wasn't it? Slow spending, not t o be a dick, but are you living in an alternate universe?
And no 2 -3% is not real growth. That, like I said, is barely keeping your head above water.
Who was going to let the auto industry fail completely?
Again, not trying to be a dick, I'd suggest searching for your own news, to confirm what you're told.
http://money.cnn.com/2012/09/11/news...uts/index.html
Chrysler Group. GM received $51 billion in bailout funds and has paid Treasury about $24 billion, mostly with the proceeds of its November 2010 initial public offering. Treasury still holds about 500 million shares of GM, worth about $11.5 billion at current prices. But those shares would have had to rise to almost $57 a share from its current price of $23.14 in order for taxpayers to break even.
The books are already closed on the Chrysler Group bailout. That automaker received $12.4 billion and repaid $11.1 billion, including interest on loans, leaving taxpayers about $1.3 billion short on that rescue.
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Re: Election Day 2012 Thread
Any time somebody says, "not to be a dick" its usually followed be a completely dick headed comment. The first term was getting us out of the recession by any means. Clearly doing what he had done wasnt conducive to paying off the debt if youre adding to it. again, i dont think a Republican would have done too much different considering where we were at.
And no 2 -3% is not real growth. That, like I said, is barely keeping your head above water.
Who was going to let the auto industry fail completely?
Again, not trying to be a dick, I'd suggest searching for your own news, to confirm what you're told.
http://money.cnn.com/2012/09/11/news...uts/index.html-JAB
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11-08-2012, 11:10 AM #264Legendary RSR Poster
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Re: Election Day 2012 Thread
Using your water analogy, I'd say is drowning by way of drips.
There is a reason most businesses use 3% as the standard cost of living raise because that's the statistical average of growth in the US. 2% growth is still growth, yes, but when everything is increasing at a high rate, even if it's a modest 1%, it's still a slow burn towards the bad side of the economy.
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