Discussion in 'Economy' started by Si modo, Sep 2, 2010.
Wow. That level of cluelessness is just scary.
Just more of the same.
This administrations appointments have been alarming to say the least.
Throughout this year the best economist have (and this is unusual) been in solid agreement that 2010 was going to be stagnant at best, and could be worse than 2009.
....EXCEPT the administration. All along they have been preaching that the economy is "on the road to recovery"..."the summer of recovery"...etc.
It was a gamble to say these things at best.
Amazing stuff; borderline Orwellian/Department of Truth. I suppose now that she's stepping down, she can admit that it's bad.
I came to the conclusion that Obama is incompetent months ago and his choice in appointments simply adds more support for my conclusion.
I admire her frankness here, though.
2010 has been a bad year economically, but it is light years better than 2009.
I mean this is funny stuff, because Marc Steyn sat in for Rush on Rush's show, (because Rush is on vacation).
And Marc was joking about all the signs out there touting the stimulus, and that the only people "stimulated" were those making the signs.
And here this stupid woman proves Marc right!
Christina Romer: Recession 'terrifying and so difficult to cure' - The Oval: Tracking the Obama presidency
Now THIS, this is a perfect example of liberal arrogance and contempt for you and me. We are sooooooooooooooooo stupid, that if we don't have a sign in front of us telling us Obama did it, we don't know "it's working."
We can't judge by the nearly 10% UNEMPLOYMENT RATE!!!!!!!!!!
Nooooooooooooo, we are like little children and we need a sign to tell us things are working!
How about a sign that says businesses are going to start hiring Ms. Romer???? You think THAT might convince people?
Dingbat! I'm glad she's leaving.
What are they going to do with all of those signs when the projects they were put up for is completed? Sell them on eBay?
Based on what?
The GDP is not any better etc.
2010 is the year things stopped falling, yes, but it has not improved.
At least not in a meaningful way
Who would buy them?
2009.1 2009.2 2009.3 2009.4 2010.1 2010.2
14049.7 14034.5 14114.7 14277.3 14446.4 14575.0
It's not only "better" - it's a SAAR of over 500B better. and it has grown for four straight quarters.
You know it doesn't matter all that much who mans the bridge of a ship of state which has had it keel stove in to hell
That ship is still going down.
If we want to save this nation (something that I'm reasonably sure the masters do NOT want to do) we'd have to change the way we do business and politics.
Anybody here think that Obama or whomsoever follows him is going to radically change those things?
Then don your mae west, find your liferaft,( if you're lucky enough to have been assigned one at birth, or been smart and lucky enough to have created one for yourself in your lifetime) and be prepared to abandon ship or (for about 90% of us in steerage) to go down with the ship of state.
Don't feel too bad, citizens.
There's been plenty of citizens of other crumbling empires who went though this.
History is replete with this sort of death by hubris writ large.
Separate names with a comma.