Under Obama, Economic Stagnation Is the New Normal

Louis Woodhill belabors the obvious in today's RealClearMarkets:

It hardly comes as a surprise that the economically illiterate and clueless Alinskyite in the White House would offer more of the same failed policies in his second term that he offered in his first. What's surprising is that people would vote for doing the same thing over again and expect different results.

What's the definition of insanity?

 

Speaking of people who voted for more of the same:

Is the Economy Creating a Lost Generation?
By Robert Samuelson
December 10, 2012
http://www.realclearmarkets.com/art...conomy_creating_a_lost_generation_100036.html

 

We are facing an economic reality that is far far worse than any "fiscal cliff". What is happening to Southern Europe will come to the U.S.A. soon enough as we take away incentive from the makers and give it to the takers just as Europe did.

 

Which brings us back to the definition of insanity. Why are American Leftists repeating Europe's mistakes expecting different results?

 

under Obama republicans attack any economic good news as if good news was the enemy and needed to be defeated

 

Under Obama Democrats celebrate complete failure.... and ignore generational theft. What we are currently doing to our children and grandchildren is criminal.

 

Fresh, your side is the political enemy. Nothing is more important than the failure of your side.

 

The Republicans and Democrats are about power and control and we have a ton of willing idiots on both sides happy to forfeit their freedoms to these scumbags.

We are committing generational theft.

 

Considering that Europe's worst states are ones inflicting harsh austerity measures, I do wonder at certain political leanings desire to try them again here...

 

I like to call it Obamanomics Stagnant Malaise.

 

What was the good news?
Was it the number of people who dropped out of the workforce?

 

You do realize that they ran out of other people's money to spend and have absolutely no choice. Especially those that cannot print their own money anymore.... Italy, Greece, etc... Euros ended their ability to inflate their way out.

 

here's the definition of insanity: the state of being seriously mentally ill

and comparing the united states to southern europe is pure ignorance

 

Greece has been cutting like its Kansas in the spring and their economy has only contracted. Italy is the same. Yes I understand that you can't just constantly spendspendspend without any sort of control, but only cutcutcutcut will decimate your economy just as much, but in a much shorter time span.

Economies work because of the flow of money throughout people, companies, and foreign imports/exports. Its like gas for a car, without it, the car sputters and dies, with too much, it can flood and engine and over flow the tank causing serious issues.

Its not a black or white, one or the other issue. You have to find a balance between paying down your debts, while keeping people employed and your economic growth in the positive, or its just going to crash and burn. Again.

 

Is that what Canada does?



The U.S. economy is roaring compared to Canada's.

 

Yeah, for 1 single quarter since what...07? 08? That's like a sports team going nuts when they score a goal without realizing they are still down 100 points.

 

The Obamites know no better. They'll present pretty chart, after pretty chart, explaining how, if we eliminate this, disregard that , make up a completely arbitrary number here, that MORE PEOPLE QUITTING LOOKING FOR A JOB, THAN PEOPLE GETTING HIRED, is a 'good thing".

Astounding...

 

I'm sorry, the "makers"?

If you meant business and industry owners, who do you think is hiring outside the country? Do you know why they don't hire inside the country. Not just because of taxes, it's because both the cost of production and the cost of labor are cheaper because people overseas don't whine about rights, pensions, fair treatment and all that. The "makers" don't care about "You" and aren't some benevolent grandpa just waiting to provide jobs for you. The biggest job-makers are multi-national businesses- which is increasingly meaning non-national. You keep blindly advocating for people who are not advocating for you.

America is a market. It's were things get sold because it's a nation of buyers and consumers. In that sense, you will have all the high class restaurants, malls, ipods, cars, homes, baubles, and whatever else signifies to you a high-standard of living. They will provide that for you because you can and will pay top dollar. Bu the people who make them...well...

Steve Jobs is such a hero...

but every iPOD is made in China.

Don't stop there, look up where all your so called job-makers are bringing their business or have had their business for decades.

 

A single Q????? That's comical. So tell me again why we should take advice from Canadians?

 

for one thing, he seems to understand some things about economics

you don't, all you have is dumbed down political rhetoric

 

How have we taken incentive away from the "makers"? BS!

They are paying less than HALF the taxes they paid in the last honest economic boom and balanced budget under Clinton, odd how that tax rate is not "incentive enough" anymore!

In REALITY, the PROBLEM is the "makers" have NO REASON to keep their profits invested in their businesses. Since their tax rate is 15% or usually less, they happily pull out ALL the profits and their pittance in taxes, which stops growing the businesses and they stash the cash in the Cayman Islands, China or other havens.

 

I like cubed, he can debate and disagree without resorting to immature, childish personal insults such as yours.

 

We basically have 2 choices:

A. Continue down the path of socialism at the cost of the military and accept chinese hegemony.

B. Reverse the path of socialism at the cost of America's lower class and reject chinese hegemony.