Voters Are Unhappy With the Economy,and Don't Think Obama Has Helped.

[antagon]

"Jobs are the last thing to recover"--- Employment statistics in this country are considered a "leading" economic indicator--not a "lagging one"-

wrong. im not sure employment has ever, ever preceded the GDP in any expansion. heard of a 'jobless recovery'?

put two LOLs behind that.

A jobless recovery is a term used to mask reality......that the only thing that is creating any type of spending is government spending...and that well dries up quickly you know.

Ever hear of a jobless recovery you sak.....LMAO...only left leaning blog reading talking point regurgitators would repeat the term "jobless recovery" when defending ANY politician.

There is no such thing as a jobless recovery.....seeing as the recovery MUST BE THE RECOVERY of jobs.

the reagan recovery was a jobless recovery. if you can understand it, and see its demonstrated history internationally and here in the states, you could appreciate that it is a real term to describe when the economy expands (the GDP), without the unemployment following in kind.

you paint it out to be 'left-leaning', but it is a concept associated with supply-side bias in the economy, a conservative goal. companies can turn profits without hiring anyone in our post-industrial, outsource capitalist world.

just how labor-intensive do you think banking is on the dollar? your dictionary's old and tired, oldandtired. catch up.

 

[LibocalypseNow]

Socialism = Trickle Up Poverty. Don't let the Socialists fool ya. Despite what the Socialists keep telling everyone,Socialism never = "Sharing the Wealth" it instead always = Sharing the Poverty. Third World Misery is right around the corner for this nation if we don't wise up and give the boot to the Socialists. I guess we'll see if this happens. I really do hope it does.

 

[dan22]

Obama is a puppet of Wall Street bankers of course the public will hate him
We need freedom and an end to the FED!!!

 

[antagon]

Oh the mind of your average silly Hopey Changey: "George Bush's 4% Unemployment and Record High Stock Markets = BAD. Hopey Changey's 10% Unemployment and Massive Debt = GOOD." Say Whaaa? Yikes!

i dont think anybody thinks the economy is great. we're in a serious recession. you, my friend, are in a world of denial yourself. if you cant glean from our current economy or from bush's policies, outright, that the bush expansion had no basis in sustainability, you're a quack.

obama, a big spendah, is in office to try some alternatives to what the GOP and their grossly uninformed base think is all good. if you cant cope with that, you got to recognize that GOP hackery on the economy (for starters) is what inspired our out-of-balance government now.

 

[PLYMCO_PILGRIM]

Oh the mind of your average silly Hopey Changey: "George Bush's 4% Unemployment and Record High Stock Markets = BAD. Hopey Changey's 10% Unemployment and Massive Debt = GOOD." Say Whaaa? Yikes!

I stopped trying to make sense of the arguments that say "we can spend our way out of debt", and "10% unemployment is good because it could have been a lot higher" about a month ago.

 

[LibocalypseNow]

Bush's policies/Obama's policies? They're the same policies. This President has done nothing different than the previous President did. I love it when i see the Hopey Changey's out there cheerleading and screeching about how Obama's policies are so new & original. That really is some twisted logic there. "Stimulus Packages" and Bailouts were George Bush inventions. This President has simply borrowed those same awful Bush inventions and has actually made them much worse. He has vastly out-spent Bush in such a short time. I really didn't think that could even be possible.

Another example would be the Hopey Changey's new slobbering love affair with Ben Bernanke. Ben Bernanke was a George Bush appointee. This whole idea that this President has done things so much different than the previous President,really is just plain Bull Chit. So if you're going to cheerlead and boast about this President saving the World than you better start cheerleading for George Bush as well. This President has adopted every single one of Bush's policies. There has been no change at all. End of story.

 

[The Rabbi]

Voters Are Unhappy With the Economy, and Don't Think Obama Has Helped
Posted:



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Nearly three-quarters of voters are dissatisfied with the way things are going in the country, 91 percent describe the economy as poor or "not so good," and most believe that President Obama's policies have either made no difference or have hurt, according to a Quinnipiac University poll conducted Dec. 15-20.
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The poll also echoes other recent surveys in showing a majority disapproving of the health care reform legislation working its way through Congress, and the survey finds that the margin of voters saying they trust Obama more than congressional Republicans on the issue has narrowed.

Seventy-four percent say they are very or somewhat dissatisfied with the state of the nation, with 26 percent very or somewhat satisfied. That compares to a 71-29 margin at the beginning of the month and 69-30 in mid-November. In the current poll, 77 percent of independents expressed dissatisfaction compared to 23 percent who had a positive outlook.

Only 7 percent describe the economy as good, compared to the 91 percent who say it is poor or not so good. No one describes it as excellent.

A CNN/Opinion Research poll conducted Dec. 16-20 said 80 percent considered the economy very or somewhat poor compared to 20 percent who said it was very or somewhat good (only 1 percent said "very" good).

Fifty-one percent in the Quinnipiac poll disapprove of Obama's handling of the economy while 44 percent approve, with 5 percent undecided. Independents disapprove by 61 percent to 32 percent, with 7 percent undecided. The disapproval number for Obama was slightly lower than it was in this poll at the beginning of December.

When those who say Obama's economic policies have made no difference or hurt are added together, it forms a big majority -- 66 percent -- who believe those policies have had no impact or have made things worse.

Asked how Obama's policies have affected their personal financial situations, 58 percent say they have made no difference, 26 percent say they have hurt, and 15 percent believe they have helped. Looking forward, 37 percent think Obama's policies will hurt their future personal financial situation, 31 percent believe they will help and 30 percent say they will make no difference.

Fifty-six percent disapprove of how Obama is handling the employment situation while 37 percent approve, with 8 percent undecided.

On health care reform, 56 percent disapprove of the current legislation compared to 38 percent who support it, with 6 percent undecided.

Forty-five percent trust Obama more to handle health care than congressional Republicans, while 40 percent trust the Republicans more, with 16 percent undecided. At the beginning of the month, Obama's margin was 44 percent to 37 percent, and in November it was 45 percent to 36 percent.

THey are releasing a TON of stimulus money over the next 11 months....they are scheduled to release about 20% more as each month goes on right up through the 2010 election so look for the economy to have a semi-recovery.

just a heads up.

Lawmakers are troubled by last week's Congressional Budget Office report, which concluded that only 7 percent of money from key spending programs in the stimulus package is likely to be used in the current fiscal year, and only 38 percent will have been used by the end of fiscal 2010.

White House Budget Director Peter Orszag disputed that. He said that 75 percent of the money would be spent by the end of fiscal 2010, but lawmakers want more details; currently they see a CBO document that foresees significant lags in almost every major area of proposed spending.

More here:
Obstacles await Obama's stimulus effort in Congress | McClatchy

The stimulus has been and will continue to be a bust. Government cannot stimulate anything by spending, except waste.
Libapocalypse is right: Obama's polciies differ from Bush's (at the end of his term) only in degree, not in kind. Obama has doubled and tripled down on the "failed policies of George W Bush." The only thing that will save his presidency is when the GOP takes control of Congress. It worked for Bill Clinton.

 

[PLYMCO_PILGRIM]

Thanks for that link and info rabbi.

Now I actually have something to link to when I tell people they plan to spend more than 3x the stimulus money this year, during an election cycle, then they spent last year when we needed it.

Kudos man, thanks.