Welcome To The New Recession, Worse Than The Last
As Krugman notes in Tax Cut Memories, even the media had figured out this was going to happen, but Zero said it wouldn’t.
Robert Reich says the Ransom Paid, but the ‘hostage’, the economy, is still going to die.
Zero wanted this to happen. He arranged it. Instead of taking care of this during the Lame Duck session when Dems were the majority in both houses of Congress, he orchestrated the tax cut extension. He wasn’t forced to do anything – this is what he wanted.
BTW, the House is going into a month-long recess without dealing with the FAA funding crisis, so the government is losing money every day they are gone, and airlines will be impacted. If I was the head of the FAA, I would start any shut-down at National in DC, then Dulles, and Baltimore. That would probably be the only way to get their attention.
The only chance Zero had for re-election was an improvement in the economy, and he just torpedoed that possibility with this action.
8 comments
Yeah, Krugman has been on a rool lately, and he’s obviously not enjoying it at all.
I think Rep. Nadler (D. NY) said it all:
Obviously, the citizens elected the wrong Dem as Prez! (Yeah… I know, there wasn’t a choice. What a great system).
We’re pooched.
NO, the only chance Zero has for re-election is to run against Michelle Bachman in the Fall of 2012. Which could happen. The goat circus that is the Republican field isn’t exactly filled with inspiring talent. It’s more like Crazy White Lady and the Seven Dwarfs.
So what Obama just did was insure that he gets billions of dollars of support from his Wall Street masters to make sure that he runs against Michelle Bachmann against, rather than, say, Mitt Romney or Jon Huntsman, either of whom could conceivably beat him. (Though Romney is basically Obama in whiteface, so it’s not as if it would make a big difference to the country). The Republican money men are going to keep their money close to crazy next year, secure in the belief that Obama is going to do their bidding.
Pretty much the only way Obama isn’t going to win re-election is if a sane Republican gets nominated to run against him, because there is no Democrat of any stature looking to primary him — Obama has either bought them out (why do you think he brought Hillary *into* his administration rather than leave her outside?), or they’ve self-destructed (Edwards), or they know they haven’t a chance and aren’t even going to bother (Bernie Sanders or the dwarf from Cleveland). But have you looked at the politicians being nominated by the GOP recently? They’re nuttier than a Christmas fruitcake, yo!
– Badtux the Snarky Penguin
To win an election people have to go to the polls and vote. What has Obama done that will convince people to go to the polls and vote for him?
The young voters are not going to turn out. The older voters won’t vote for him. Lots of money helps, but it has to be turned into votes, and that requires people. The only people who will vote for him are those afraid of the Republican nominee, and that number isn’t large enough to win.
He won in 2008 running as a ‘progressive’. but that lie has been exposed. He’s a lame duck.
Obama was losing in 2008 until McCain selected a crazy dingbat from Alaska as his running mate. Americans aren’t all that fond of Obama right now, but they’ve proven in the past they’re even less fond of batshit crazy. You really think the Republican faithful (other than the 29%ers) are going to turn out in droves for Bachmann? Her fellow crazies will, of course, but that’s not enough to win a national election.
– Badtux the Quizzical Penguin
“the president’s use of Article 2, Section 3 of the 14th Amendment”
I believe he meant “the president’s use of Article 2, Section 3 AND the 14th Amendment” (Section 4). Leave it to the son of an English teacher and a science teacher to pick nits!
Bryan, when Dubya ran in 2000, it didn’t take votes for him to become President. All it took was 1) a willingness to cheat, 2) a few election anomalies, and 3) a compliant Supreme Court.
I do not doubt we have #1, and if Obama switches parties just before the GOP convention, I wouldn’t be surprised if we have #2 and #3.
I have no position at present on whether Obama will win or not… a billion bucks for a campaign is a lot of money… but just on general principles, Duffy, fuck you in the eye with a corkscrew.
Money is not going to get people to the polls, you need a ground game. Students just got screwed on Pell Grants and changes to students loans. Unions have gotten nothing from this administration. Seniors and, more seriously, near seniors are in the process of getting screwed. Latinos have seen nothing from this administration. The outside groups that generated a lot of buzz and support in 2008 have been dismantled by Zero.
People will stay home. This will probably be one of the lowest turn-out Presidential elections ever. Zero can’t win, because the people who hate him will show up, and those he is counting on won’t.
He would be closer if the Republicans select Bachmann, but he has lost the support of too many core Democratic groups to be a viable candidate. He has shown a lot of people, me included, that he definitely isn’t the lesser of two evils.
I don’t vote for Republicans, no matter what line they run on.