danivon wrote:Doctor Fate wrote:It's okay.
Danivon either is not paying attention or doesn't care.
I see your return has not been accompanied by a change in your level of personal abuse. Are you bothering to even try to keep to your 'rules' this time?
If you've been following the economic news here, you could fool anyone. That's not a personal slam. There is ample evidence that the economy, at best, has leveled off, yet you think, somehow, it's improving?
Please support your case. For every positive stat you can excavate, I can negate it or give a negative stat. If the economy were unquestionably improving, I could not do that.
What you believe is personal is just an observation: you have no case. If you think that's an attack, that's not my fault.
Job claims have been up for the last two weeks. That's not good and it was not expected.
I was looking at the trends over the past year or so, during the time you've been telling us it will get worse. Just as the polls today are not determinitive, neither are the jobs figures for a two-week period six months before polling - they will be history by the time of the Conventions and will either be shown in context or simply forgotten by the time of the election.
5.5 million have given up looking. If/when some of them return to the job market, the rate will go up. The four-week rate (of new applications for benefits) is at a 6-month high.
Again, the facts don't support the rose-colored glasses approach to viewing the economy. I understand some analysts see Europe's ongoing difficulties as a potential drag on our economy too.
My point remains: if the economy is the basis upon which one votes, the President is going to be hard-pressed to win those type of voters.
Over the past year or so things have been improving. Jobs are up, unemployment down, GDP up, etc.
This is half the story, at best. All of those areas are slight improvements. Unemployment is still higher than when he took office. Jobs are up, but not high enough to keep up with the population. GDP is up, but it is the slowest recovery from a recession in history. And, we've borrowed $5T to do this. To use the President's favorite word, that is "unprecedented."
I agree that the next six months, and the public perceptions of them - are more important, but without a longer time period the poor figures of the last couple of weeks could be blips within an overal trend, could be signals of a switch from recovery to stagnation, or could be somewhere in between.
Of course, you and the Republicans have no interest whatsoever in talking down the economy, do you?
It is what it is. If it were rocking and rolling, I could not do it. However, the results were predictable. We can't just grow the government and expect the economy to recover as a result. The President has focused like a laser on taking care of unions, investors in green tech, and government agencies. He has directed his minions to take steps that have necessarily increased energy prices, depressed hiring, and slowed the recovery.
You may not like it, but the proof is in the pudding.
*EDIT*
This will warm your heart too.Drill down into the numbers of the latest CBS poll and there are ominous signs for Obama. Only 33 percent of Americans believe the economy is moving in the right direction. A mere 16 percent feel they are getting ahead financially. Some 38 percent think their situation will get worse if Obama is re-elected, 26 percent think it will get better.
Americans don't think the economy is getting better and they think if the President is reelected it will get worse for them, personally. That's not good.