A democrat panick attack?

[Wicked Jester]

Oh hell yes!

www.cnbc.com/id/38600623

 

[oreo]

Oh hell yes!

News Headlines

Your link is not working--

 

[oreo]

Here's the story of your link:

With the disappointingly soft jobs report for July, and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will they be desperate to “do something”?

Already there are rumors of an August surprise (to use the phrase of business columnist Jimmy Pethokoukis) where Fannie Mae and Freddie Mac forgive underwater mortgages held by millions of Americans. And with state and local government jobs having fallen 169,000 year-to-date, perhaps the Democratic Congress and the White House will seek an even bigger spending plan for teachers and Medicaid workers — on top of the $26 billion plan that just passed the Senate.

"Democrats are trapped by Tim Geithner’s statements that extending low tax rates for successful earners would actually imperil economic recovery."

Larry Kudlow
Or maybe the Democrats will come up with a new infrastructure-spending bill, perhaps for green technologies and whatnot. Or maybe they’ll extend unemployment benefits even more. My liberal friend Robert Reich is even talking up the New Deal’s Works Progress Administration (WPA), where the government employed millions during the 1930s.

With the announcement this week that Council of Economic Advisers chair Christy Romer will leave the White House to go back to teach at Berkeley, it looks like the center of economic gravity will shift leftward inside the West Wing.

Meanwhile, over at the Fed, it seems ever more likely that the FOMC meeting next week will produce a much more dovish policy statement, one that will lengthen the “extended period” near-zero-interest-rate language and hint at new cash purchases of Treasury and mortgage bonds to increase the central bank’s balance sheet and expand the basic money supply. Already, in recent weeks, the dollar has been plunging.

Of course, Republicans will push harder to keep the Bush tax cuts for the wealthy — as they should. But Democrats are now trapped by Treasury man Tim Geithner’s statements that extending low tax rates for successful earners, investors, and small businesses would actually imperil economic recovery. This is his war against investment and capital formation.

Maybe the Democratic revolt in favor of keeping all the Bush tax cuts will gather steam. But Democrats are more likely to push for greater spending than investment tax incentives. They’d rather take your money than let you keep it.

The GOP also should call for lower corporate tax rates, including full cash expensing for businesses. But so far they haven’t made much noise on this, despite the fact that cash-rich businesses are mostly avoiding new hires in the face of the Obamacare regulatory threats and the uncertainty about future tax burdens.

The bottom line? Panic over this stalled economy may be setting in.

The unemployment rate is hanging stubbornly at 9.5 percent and economic growth looks to be slipping to only 2 to 3 percent. In order to get unemployment down significantly, the economy has to grow by at least 4 percent.

Inside July’s jobs report, small-business household employment dropped by 159,000 jobs — a very bad sign. In the three months to April, this survey produced 417,000 new jobs. In the three months to July, it fell by 151,000.

At the same time, private payrolls in the corporate survey rose by only 71,000 in July, compared with an expected gain of 100,000. In the three months to April, payrolls gained by 154,000. Over the past three months, payrolls have increased only 51,000. They need to grow at a better-than 200,000 monthly pace in order to reduce joblessness.

So just like the overall economy, the jobs recovery is faltering. It isn’t a double-dip recession. But the story is moving in the wrong direction. And if the Democrats in power push for a big-bang summer surprise that seeks even more failed stimulus spending, they will do much more harm than good.

The Intrade pay-to-play investment parlor already shows a 60 percent likelihood of a GOP House takeover this November. That’s the ultimate silver lining in this story.

How's that 787 BILLION and now the 28 BILLION (stimulus bill jr.) work'in for ya all?

You voted for it, You got it, and now You OWN it.

 

[syrenn]

I am sure obama will think about it long and hard...over a nice round of golf

 

[oreo]

I am sure obama will think about it long and hard...over a nice round of golf

Well, think of all those golf cadies that have been stimulated with him playing so much golf--

 

[logical4u]

Here's the story of your link:

With the disappointingly soft jobs report for July, and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will they be desperate to “do something”?

Already there are rumors of an August surprise (to use the phrase of business columnist Jimmy Pethokoukis) where Fannie Mae and Freddie Mac forgive underwater mortgages held by millions of Americans. And with state and local government jobs having fallen 169,000 year-to-date, perhaps the Democratic Congress and the White House will seek an even bigger spending plan for teachers and Medicaid workers — on top of the $26 billion plan that just passed the Senate.

"Democrats are trapped by Tim Geithner’s statements that extending low tax rates for successful earners would actually imperil economic recovery."

Larry Kudlow
Or maybe the Democrats will come up with a new infrastructure-spending bill, perhaps for green technologies and whatnot. Or maybe they’ll extend unemployment benefits even more. My liberal friend Robert Reich is even talking up the New Deal’s Works Progress Administration (WPA), where the government employed millions during the 1930s.

With the announcement this week that Council of Economic Advisers chair Christy Romer will leave the White House to go back to teach at Berkeley, it looks like the center of economic gravity will shift leftward inside the West Wing.

Meanwhile, over at the Fed, it seems ever more likely that the FOMC meeting next week will produce a much more dovish policy statement, one that will lengthen the “extended period” near-zero-interest-rate language and hint at new cash purchases of Treasury and mortgage bonds to increase the central bank’s balance sheet and expand the basic money supply. Already, in recent weeks, the dollar has been plunging.

Of course, Republicans will push harder to keep the Bush tax cuts for the wealthy — as they should. But Democrats are now trapped by Treasury man Tim Geithner’s statements that extending low tax rates for successful earners, investors, and small businesses would actually imperil economic recovery. This is his war against investment and capital formation.

Maybe the Democratic revolt in favor of keeping all the Bush tax cuts will gather steam. But Democrats are more likely to push for greater spending than investment tax incentives. They’d rather take your money than let you keep it.

The GOP also should call for lower corporate tax rates, including full cash expensing for businesses. But so far they haven’t made much noise on this, despite the fact that cash-rich businesses are mostly avoiding new hires in the face of the Obamacare regulatory threats and the uncertainty about future tax burdens.

The bottom line? Panic over this stalled economy may be setting in.

The unemployment rate is hanging stubbornly at 9.5 percent and economic growth looks to be slipping to only 2 to 3 percent. In order to get unemployment down significantly, the economy has to grow by at least 4 percent.

Inside July’s jobs report, small-business household employment dropped by 159,000 jobs — a very bad sign. In the three months to April, this survey produced 417,000 new jobs. In the three months to July, it fell by 151,000.

At the same time, private payrolls in the corporate survey rose by only 71,000 in July, compared with an expected gain of 100,000. In the three months to April, payrolls gained by 154,000. Over the past three months, payrolls have increased only 51,000. They need to grow at a better-than 200,000 monthly pace in order to reduce joblessness.

So just like the overall economy, the jobs recovery is faltering. It isn’t a double-dip recession. But the story is moving in the wrong direction. And if the Democrats in power push for a big-bang summer surprise that seeks even more failed stimulus spending, they will do much more harm than good.

The Intrade pay-to-play investment parlor already shows a 60 percent likelihood of a GOP House takeover this November. That’s the ultimate silver lining in this story.

How's that 787 BILLION and now the 28 BILLION (stimulus bill jr.) work'in for ya all?

You voted for it, You got it, and now You OWN it.

You don't get it, the dems are in the dictionary under: futility. They know it doesn't work, they know it won't work, but they will keep voting in the same corrupt, undocumented, liars and frauds they always have.

 

[oreo]

Here's the story of your link:

With the disappointingly soft jobs report for July, and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will they be desperate to “do something”?

Already there are rumors of an August surprise (to use the phrase of business columnist Jimmy Pethokoukis) where Fannie Mae and Freddie Mac forgive underwater mortgages held by millions of Americans. And with state and local government jobs having fallen 169,000 year-to-date, perhaps the Democratic Congress and the White House will seek an even bigger spending plan for teachers and Medicaid workers — on top of the $26 billion plan that just passed the Senate.

"Democrats are trapped by Tim Geithner’s statements that extending low tax rates for successful earners would actually imperil economic recovery."

Larry Kudlow
Or maybe the Democrats will come up with a new infrastructure-spending bill, perhaps for green technologies and whatnot. Or maybe they’ll extend unemployment benefits even more. My liberal friend Robert Reich is even talking up the New Deal’s Works Progress Administration (WPA), where the government employed millions during the 1930s.

With the announcement this week that Council of Economic Advisers chair Christy Romer will leave the White House to go back to teach at Berkeley, it looks like the center of economic gravity will shift leftward inside the West Wing.

Meanwhile, over at the Fed, it seems ever more likely that the FOMC meeting next week will produce a much more dovish policy statement, one that will lengthen the “extended period” near-zero-interest-rate language and hint at new cash purchases of Treasury and mortgage bonds to increase the central bank’s balance sheet and expand the basic money supply. Already, in recent weeks, the dollar has been plunging.

Of course, Republicans will push harder to keep the Bush tax cuts for the wealthy — as they should. But Democrats are now trapped by Treasury man Tim Geithner’s statements that extending low tax rates for successful earners, investors, and small businesses would actually imperil economic recovery. This is his war against investment and capital formation.

Maybe the Democratic revolt in favor of keeping all the Bush tax cuts will gather steam. But Democrats are more likely to push for greater spending than investment tax incentives. They’d rather take your money than let you keep it.

The GOP also should call for lower corporate tax rates, including full cash expensing for businesses. But so far they haven’t made much noise on this, despite the fact that cash-rich businesses are mostly avoiding new hires in the face of the Obamacare regulatory threats and the uncertainty about future tax burdens.

The bottom line? Panic over this stalled economy may be setting in.

The unemployment rate is hanging stubbornly at 9.5 percent and economic growth looks to be slipping to only 2 to 3 percent. In order to get unemployment down significantly, the economy has to grow by at least 4 percent.

Inside July’s jobs report, small-business household employment dropped by 159,000 jobs — a very bad sign. In the three months to April, this survey produced 417,000 new jobs. In the three months to July, it fell by 151,000.

At the same time, private payrolls in the corporate survey rose by only 71,000 in July, compared with an expected gain of 100,000. In the three months to April, payrolls gained by 154,000. Over the past three months, payrolls have increased only 51,000. They need to grow at a better-than 200,000 monthly pace in order to reduce joblessness.

So just like the overall economy, the jobs recovery is faltering. It isn’t a double-dip recession. But the story is moving in the wrong direction. And if the Democrats in power push for a big-bang summer surprise that seeks even more failed stimulus spending, they will do much more harm than good.

The Intrade pay-to-play investment parlor already shows a 60 percent likelihood of a GOP House takeover this November. That’s the ultimate silver lining in this story.

How's that 787 BILLION and now the 28 BILLION (stimulus bill jr.) work'in for ya all?

You voted for it, You got it, and now You OWN it.

You don't get it, the dems are in the dictionary under: futility. They know it doesn't work, they know it won't work, but they will keep voting in the same corrupt, undocumented, liars and frauds they always have.

My comment is to those that voted for Obama--that continually blame others--primarily BOOSH for all of this mess. They refuse to take any responsiblity for all of this non-sense borrowing and spending that hasn't created one single long term private sector job--which it was shoved down our throats to do.

The only thing the Obama administration has to bragg about is all those "saved" government jobs. Over 1 trillion dollars now--and absolutely nothing to show for it.

Proving again--that No one can BORROW and SPEND their way to PROSPERITY.




Last count 12.4 trillion without Stim bill jr.

You voted for it, You got it, and now You OWN it.

 

[Wicked Jester]

Oh hell yes!

News Headlines

Your link is not working--

It's working now, my bad.

Anyhow, i'm off to Sturgis. Got a long ride across the desert tonight.....Ya'all have fun discussing Obama and the dem's abject failures!

 

[rdean]

Republicans are pushing hard for the same policies that almost completely ruined the economy. They are angry they didn't "finish the job".

They are the most ignorant political party in the history of the world. There can't be any other possible explanation.

 

[The Rabbi]

Republicans are pushing hard for the same policies that almost completely ruined the economy. They are angry they didn't "finish the job".

They are the most ignorant political party in the history of the world. There can't be any other possible explanation.

Change "Republicans" to "Democrats" and you have finally stated something true.

 

[topspin]

The economy is improving, Obama needs it to improve faster. I like the pace as a republican huge win in nov will give me back my gridlock. I've said all along Obama is slow rolling the stimulus to buy votes for 12.

 

[topspin]

The economy is improving, Obama needs it to improve faster. I like the pace as a republican huge win in nov will give me back my gridlock. I've said all along Obama is slow rolling the stimulus to buy votes for 12.

 

[bucs90]

HOLY CRAP!!

That is coming from an anchor at freakin' left wing NBC!!!!????

He said they were in a war against capitalism and that they'd "rather take your money than let you keep it"!!!

This is amazing. NBC turning on Obama. Never. Never in 1,000,000 years did I think that would happen.

Obama's approval rating will dip to 30% by December. A lame duck president before he even gets to his 2 year mark. Just pathetic and what a disgrace to the office of the presidency.

 

[topspin]

Kudlow is a right wing Jesus freak, and recovering junky that shits on drug users.

 

[bucs90]

Republicans are pushing hard for the same policies that almost completely ruined the economy. They are angry they didn't "finish the job".

They are the most ignorant political party in the history of the world. There can't be any other possible explanation.

You mean policies like handing out homes to people who can't afford them, thus causing the housing collapse? Oops, that was a left wing progressive and solely Democrat idea and practice.

And your last sentence admits you find the Communist Party and National Socialist Party to be more acceptable than the Republican Party, right? If so......at least we know where you are coming from comrade.