NeoCons Promised Hyper-Inflation

[nodoginnafight]

What Happened?

The cost of living adjustment for Social Security would actually be a negative (if the law allowed it) but since zero is as low as the law allows - that's what the COLA is.

I also remember a lot of dire predictions about how drone raids into Pakistan are foolish and would only alienate the Pakistanians.

Oops - the Pakistanians are cooperating with us more now than ever in this Afghan conflict.

It's easy to gin up a bunch of sky-is-falling predictions and the NeCons declare them "absolute certainties" problem is - they're full of crap.

We have plenty of things we need to be focusing our attention on without wasting a moment on the fantasies of those who are hoping and praying for us all to suffer a disaster just so they can crow, "I told you so."

 

[LibocalypseNow]

I of course disagree with everything you asserted. Give it some time. The inept Socialists are only in the early stages of destroying our nation. As far as Pakistan goes,we're merely bribing them to support us at this point. That strategy is doomed to fail at some point. More & more Pakistani citizens are actually beginning to support the Taliban and their Anti-American stance. Continuing bombing in Pakistan will only help the Taliban and all other Anti-American groups in Pakistan. I know you have your Rose-Colored Glasses on and i hate to be the one to rain on your parade but it is what it is in the end.

 

[PLYMCO_PILGRIM]

What Happened?

The cost of living adjustment for Social Security would actually be a negative (if the law allowed it) but since zero is as low as the law allows - that's what the COLA is.

I also remember a lot of dire predictions about how drone raids into Pakistan are foolish and would only alienate the Pakistanians.

Oops - the Pakistanians are cooperating with us more now than ever in this Afghan conflict.

It's easy to gin up a bunch of sky-is-falling predictions and the NeCons declare them "absolute certainties" problem is - they're full of crap.

We have plenty of things we need to be focusing our attention on without wasting a moment on the fantasies of those who are hoping and praying for us all to suffer a disaster just so they can crow, "I told you so."

I see you fell over while you were leaning left .

 

[Mad Scientist]

A lot of those dollars are overseas. When they come back to the US in purchases by those holders, or just dumping them for another currency, the money supply will increase thus causing inflation.

I won't predict hyperinflation, but inflation without job creation and a decreasing tax base will be bad enough. If Congress stays in Liberal hands they will just attempt to raise taxes which will slow the economy more.

 

[rightwinger]

What Happened?

The cost of living adjustment for Social Security would actually be a negative (if the law allowed it) but since zero is as low as the law allows - that's what the COLA is.

I also remember a lot of dire predictions about how drone raids into Pakistan are foolish and would only alienate the Pakistanians.

Oops - the Pakistanians are cooperating with us more now than ever in this Afghan conflict.

It's easy to gin up a bunch of sky-is-falling predictions and the NeCons declare them "absolute certainties" problem is - they're full of crap.

We have plenty of things we need to be focusing our attention on without wasting a moment on the fantasies of those who are hoping and praying for us all to suffer a disaster just so they can crow, "I told you so."

Do you mean to say the sky isn't falling???

The right wing has built their political future on a failed economy. Which ever economic factor is down in the next election will be the one they claim is most catastrophic

 

[Soggy in NOLA]

The right wing has built their political future on a failed economy. Which ever economic factor is down in the next election will be the one they claim is most catastrophic

Complete horseshit, as usual. We conservatives build our future on hard work AND a robust, lightly taxed economy. You lefties' answer to EVERYTHING is tax and spend... which is why the economy is in the shitter and it is also why 2010 is going to be the end of the road for the left. The left had its chance, it has lied about everything and has fucked up everything. Hence Obama's 57% disapproval and 40% STRONGLY disapprove ratings.

DONE... stick a fork in these fuckers.

 

[Nosmo King]

I of course disagree with everything you asserted. Give it some time. The inept Socialists are only in the early stages of destroying our nation. As far as Pakistan goes,we're merely bribing them to support us at this point. That strategy is doomed to fail at some point. More & more Pakistani citizens are actually beginning to support the Taliban and their Anti-American stance. Continuing bombing in Pakistan will only help the Taliban and all other Anti-American groups in Pakistan. I know you have your Rose-Colored Glasses on and i hate to be the one to rain on your parade but it is what it is in the end.

If only Don Rumsfeld would step up and design the winning strategy in Afghanistan just like he did for Iraq!

oops! Rumsfeld bribed, cajoled and generally forgot about Afghanistan! I guess Obama will have to try something different!

 

[rightwinger]

The right wing has built their political future on a failed economy. Which ever economic factor is down in the next election will be the one they claim is most catastrophic

Complete horseshit, as usual. We conservatives build our future on hard work AND a robust, lightly taxed economy. You lefties' answer to EVERYTHING is tax and spend... which is why the economy is in the shitter and it is also why 2010 is going to be the end of the road for the left. The left had its chance, it has lied about everything and has fucked up everything. Hence Obama's 57% disapproval and 40% STRONGLY disapprove ratings.

DONE... stick a fork in these fuckers.

Soggy..
Your problem is that the economy is no longer in the shitter

One year ago today we had an economic collapse. We were universally acknowledged to be in the worse recession in 70 years. Since then, the stock market has rebounded 50%, housing starts are up, manufacturing is up, inflation is low

No one but the "I want the economy to fail" crowd is not acknowledging an improved economy.

Guess who will get the credit??

 

[Jay Canuck]

"When the Dow was plummeting earlier this year, Sean Hannity would talk almost every night about 'the tanking Obama stock market.' And now that it's bounced back from 6547 to cross the 10,000 barrier? Well, if Hannity has credited the president for doing something right, I missed it. Apparently, the market is only news in a Democratic administration when it's headed south."
-- Howie Kurtz, proving he's right twice a year, Link

 

[PLYMCO_PILGRIM]

The right wing has built their political future on a failed economy. Which ever economic factor is down in the next election will be the one they claim is most catastrophic

Complete horseshit, as usual. We conservatives build our future on hard work AND a robust, lightly taxed economy. You lefties' answer to EVERYTHING is tax and spend... which is why the economy is in the shitter and it is also why 2010 is going to be the end of the road for the left. The left had its chance, it has lied about everything and has fucked up everything. Hence Obama's 57% disapproval and 40% STRONGLY disapprove ratings.

DONE... stick a fork in these fuckers.

Soggy..
Your problem is that the economy is no longer in the shitter

One year ago today we had an economic collapse. We were universally acknowledged to be in the worse recession in 70 years. Since then, the stock market has rebounded 50%, housing starts are up, manufacturing is up, inflation is low

No one but the "I want the economy to fail" crowd is not acknowledging an improved economy.

Guess who will get the credit??

Currently The unemployment numbers are still climbing. When unemployment, the lagging indicator, turns around I will accept this statement as being true. Just because the dow is looking good doesn't mean we will get jobs from it soon. Like I said unemployment is a lagging indicator so if we do stop losing jobs you will be right

And I'm definately not in the "I want the economy to fail crowd" I've been saving 20% of my annual income for retirement and if the economy keeps going south I will not only lose the value of my savings I may lose my job like 1 in 10 americans have over the last year.

Bush will get the credit for anything good coming out of TARP and Obama will get the credit for anything good coming out of the stimulus.

Right now both the tarp and stimulus have done HUGE damage to their images in my opinion though.

 

[rightwinger]

Complete horseshit, as usual. We conservatives build our future on hard work AND a robust, lightly taxed economy. You lefties' answer to EVERYTHING is tax and spend... which is why the economy is in the shitter and it is also why 2010 is going to be the end of the road for the left. The left had its chance, it has lied about everything and has fucked up everything. Hence Obama's 57% disapproval and 40% STRONGLY disapprove ratings.

DONE... stick a fork in these fuckers.

Soggy..
Your problem is that the economy is no longer in the shitter

One year ago today we had an economic collapse. We were universally acknowledged to be in the worse recession in 70 years. Since then, the stock market has rebounded 50%, housing starts are up, manufacturing is up, inflation is low

No one but the "I want the economy to fail" crowd is not acknowledging an improved economy.

Guess who will get the credit??

Currently The unemployment numbers are still climbing. When unemployment, the lagging indicator, turns around I will accept this statement as being true. Just because the dow is looking good doesn't mean we will get jobs from it soon. Like I said unemployment is a lagging indicator so if we do stop losing jobs you will be right

And I'm definately not in the "I want the economy to fail crowd" I've been saving 20% of my annual income for retirement and if the economy keeps going south I will not only lose the value of my savings I may lose my job like 1 in 10 americans have over the last year.

Bush will get the credit for anything good coming out of TARP and Obama will get the credit for anything good coming out of the stimulus.

Right now both the tarp and stimulus have done HUGE damage to their images in my opinion though.

No problem Pilgrim

In a recession, jobs are always the last factor to recover. Nobody hires until everything else stabilizes. Reagan took 2 1/2 years to turn around employment.
However, given our position one year ago when a possible depression was forcast, we have done much better and recovered much sooner.
And yes, I do give credit for TARP to Bush

 

[Xenophon]

It isn't 'neocons' saying that, its people that understand economics, something 'neocons' are as clueless about as barry is.

 

[skookerasbil]

What Happened?

The cost of living adjustment for Social Security would actually be a negative (if the law allowed it) but since zero is as low as the law allows - that's what the COLA is.

I also remember a lot of dire predictions about how drone raids into Pakistan are foolish and would only alienate the Pakistanians.

Oops - the Pakistanians are cooperating with us more now than ever in this Afghan conflict.

It's easy to gin up a bunch of sky-is-falling predictions and the NeCons declare them "absolute certainties" problem is - they're full of crap.

We have plenty of things we need to be focusing our attention on without wasting a moment on the fantasies of those who are hoping and praying for us all to suffer a disaster just so they can crow, "I told you so."

Hey, well can I please get a WTF????!!!!!!!!!!!!!! Well, 1 out of 12 aint bad s0n.............

Conservatives said................

Mega taxation would come...............and it did.
Huge deficits unlike we've ever seen before would come................and they did.
Massive unemployment would emerge................and it did.
The foreign policy would be cathartic................and it is.
Obama would champion health care for illegals..............and he is.
The stimulus wouldnt do sh!t..............and it hasnt ( well, except in one out of 50 states)
Foreclosures would increase...............and they did, to record levels the past 3 months


Anyway s0n...........inflation wont hit until ( and if) the economy comes back...............dummy. Inflation happens as a result of lack of supply when demand surges = higher prices..............dummy. Economists said this would occur in 2010 anyway................dummy.


Oh and ps...........every economist and his brother is predicting another recession worst than the first. So.........inflation will be the least of peoples problems s0n..........

 

[rightwinger]

From today..

Index forecasts a strong 4th quarter recovery, moderating in early 2010 - USATODAY.com

The USA TODAY/IHS Global Insight economic outlook index predicts a strong recovery in the last quarter of 2009 followed by a more gradual rebound in the first part of 2010. The forecast predicts strong 4th quarter growth as a direct result of improvements in building permits (and subsequent home sales), higher capital goods orders, increasing stock prices, a reduction in the rate of decline in hours worked and firms increasing inventories as demand recovers. Better growth prospects in the rest of the world have also increased export orders.

The forecast expects growth to slow in early 2010 as the effect of the government stimulus programs, such as "cash for clunkers" and the first-time home-buyer tax credit, fade and firms reduce inventory growth.
The index predicts future real GDP growth (gross domestic product, adjusted for inflation) based on 11 leading economic and financial indicators. The decline in real GDP growth, at a six-month annualized growth rate, slowed from -5.9% in March to -0.3% in August. Real GDP growth is back in positive territory posting an increase of 1.3% in September. It's expected to increase progressively through the end of the year and then moderate in early 2010.

Seven of the eleven leading indicators in the Economic Outlook Index were positive contributors in September: hours worked, building permits, real non-defense capital goods orders, stock prices, ISM export orders, the real federal funds rate and the interest rate yield curve. Four indicators had a negative effect on the index, including the money supply, crude oil prices, light-vehicle sales and the corporate bond spread.

 

[garyd]

Get back to me about how good the economy is when unemployment falls below6% where it was until the Dems retook congress in '06. Again this aint Obama's economy or Bush's economy it is Nancy and Harry's economy. And compared to there popularity of Obama looks like the best amn on campus...

Harry's losing head to head against people who haven't even announced their attention to run against him by double digits. And Nancy's is down in a district that is generally so far left that you'd think it's out in the Pacific somewhere.

 

[JakeStarkey]

The economic failure in the minds of the majority of voting Americans is GOP.

The economic recovery in the minds of the majority of voting Americans is Democratic.

And solid evidence by late winter early spring of a recovering economy, the GOP is toast again.

 

[rightwinger]

The economic failure in the minds of the majority of voting Americans is GOP.

The economic recovery in the minds of the majority of voting Americans is Democratic.

And solid evidence by late winter early spring of a recovering economy, the GOP is toast again.

As much as the GOP tries to spin things, the collar for screwing up the economy is on them. The public views them as naysayers who have done nothing to contribute to the economic recovery.

Does the GOP really expect to run on a platform of

"We have earned another chance"

 

[Oldandtired]

The economic failure in the minds of the majority of voting Americans is GOP.

The economic recovery in the minds of the majority of voting Americans is Democratic.

And solid evidence by late winter early spring of a recovering economy, the GOP is toast again.

As much as the GOP tries to spin things, the collar for screwing up the economy is on them. The public views them as naysayers who have done nothing to contribute to the economic recovery.

Does the GOP really expect to run on a platform of

"We have earned another chance"

Well, you as an American should be happy they have earned a second chance.

And your naevity is amusing......the recession started excactly when? Who had the majority in both houses starting a year before that time?

I like it when liberals make total asses of themselves. Totally clueless about how government works....yet they come on here and spew the crap they read in the Huff and the Kos.

Facts are facts. We had prosperity until congress turned....and then all hell broke loose....

Or...we could beleive MSNBC and blame it all on one man who had no leverage in congress at the time.

You are as pathetic as your posts.

 

[rightwinger]

The economic failure in the minds of the majority of voting Americans is GOP.

The economic recovery in the minds of the majority of voting Americans is Democratic.

And solid evidence by late winter early spring of a recovering economy, the GOP is toast again.

As much as the GOP tries to spin things, the collar for screwing up the economy is on them. The public views them as naysayers who have done nothing to contribute to the economic recovery.

Does the GOP really expect to run on a platform of

"We have earned another chance"

Well, you as an American should be happy they have earned a second chance.

And your naevity is amusing......the recession started excactly when? Who had the majority in both houses starting a year before that time?

I like it when liberals make total asses of themselves. Totally clueless about how government works....yet they come on here and spew the crap they read in the Huff and the Kos.

Facts are facts. We had prosperity until congress turned....and then all hell broke loose....

Or...we could beleive MSNBC and blame it all on one man who had no leverage in congress at the time.

You are as pathetic as your posts.

Who is being naive now??

Like I said, The Public Blames the Republicans for the Recession
Did you happen to miss the last election?

As much as you try to spin your "Democrats were in charge of Congress" BS, the public is not buying it. But its fun....so keep trying...Good Luck

 

[Oldandtired]

As much as the GOP tries to spin things, the collar for screwing up the economy is on them. The public views them as naysayers who have done nothing to contribute to the economic recovery.

Does the GOP really expect to run on a platform of

"We have earned another chance"

Well, you as an American should be happy they have earned a second chance.

And your naevity is amusing......the recession started excactly when? Who had the majority in both houses starting a year before that time?

I like it when liberals make total asses of themselves. Totally clueless about how government works....yet they come on here and spew the crap they read in the Huff and the Kos.

Facts are facts. We had prosperity until congress turned....and then all hell broke loose....

Or...we could beleive MSNBC and blame it all on one man who had no leverage in congress at the time.

You are as pathetic as your posts.

Who is being naive now??

Like I said, The Public Blames the Republicans for the Recession
Did you happen to miss the last election?

As much as you try to spin your "Democrats were in charge of Congress" BS, the public is not buying it. But its fun....so keep trying...Good Luck

OK...so according toi your logic....

The congress that did not have the power to prevent the meltdown nor had the power to create the mesltdown happens to be the same congress that is going to fix the meltdown.

Sure...that makes sense. Looks like YOU are spinning it and I laugh at how Congress used thier rhetoric to convince youi of this.

You are naive my man......and congress counted on idiots like you to believe it and spread the word. And you did it quite well.