rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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The Bush economy benefitted from the housing bubble and unrestrained speculative investing
Post Convention Bounce
- Thread starter jillian
- Start date
The Bush economy benefitted from the housing bubble and unrestrained speculative investing
Dot Com
Nullius in verba
Wiseacre
Retired USAF Chief
As did the Clinton admin. I bought a house in San Antonio when I got back from Germany in 1990 and sold it 6 years later, doubled my investment. And the dot com craze during the 90s? Geez, it was crazy, companies with nothing to show for how they would become profitable were priced outragiously high on the stock market. You could make money hand over fist, but you had to know the party couldn't last forever.
I wouldn't say the Bush policies were any more helpful to the economy than the Clinton policies were. There are no doubt numerous factors are involved in economic growth or lack thereof, personally I am convinced that tax rate changes and increases/decreases in the regulatory state are not insignificant most of the time. I do think they are more important at a time like this when the economy is slow, if we allow the tax hikes that are coming Jan 1, 2013 to occur, we will get a recession soon after.
Last edited:
Wiseacre
Retired USAF Chief
Oh yes it was, Clinton did support the final version and so did many democrats. It passed the Senate 90-8, and by a large margin in the House. 155 House democrats voted for it.
Wiseacre
Retired USAF Chief
100% agreed. Laid the seeds right then for the credit crisis that followed in 2008. Might've been some earlier legislation and policies that greased the slide too. Going back quite a ways I think.
koshergrl
Diamond Member
- Aug 4, 2011
- 81,136
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Re the OP:
"When the Washington Post/ABC poll tells you there’s been no convention bump for Barack Obama, you can pretty much take that to the bank. Their latest survey shows the likely-voter split in the presidential race right where we found it a fortnight ago, with Obama up one single point over Mitt Romney — in a sample that favors the Democrats."
"
The survey shows that the race remains close among likely voters, with Obama at 49 percent and Romney at 48 percent, virtually unchanged from a poll taken just before the conventions.
So, the second paragraph actually disproves the first. But the Post tries hard to pretend that no movement among likely voters means improvement for Obama."
WaPo/ABC poll shows no change in race from before convention « Hot Air
"When the Washington Post/ABC poll tells you there’s been no convention bump for Barack Obama, you can pretty much take that to the bank. Their latest survey shows the likely-voter split in the presidential race right where we found it a fortnight ago, with Obama up one single point over Mitt Romney — in a sample that favors the Democrats."
"
The survey shows that the race remains close among likely voters, with Obama at 49 percent and Romney at 48 percent, virtually unchanged from a poll taken just before the conventions.
So, the second paragraph actually disproves the first. But the Post tries hard to pretend that no movement among likely voters means improvement for Obama."
WaPo/ABC poll shows no change in race from before convention « Hot Air
Trajan
conscientia mille testes
thats the second time you have mentioned the 2 wars and the debt accrued by not raising taxes or deferring tax cuts, so what happens to the 6 trillion we just rang up for virtually no benefit?
Dot Com
Nullius in verba
Apparently "not going into a depression"= "no benefit" to Trajan 
What the last two weeks have shown is that Romney is still unable to get past even.
Even is where Obama's floor is, but it's where Romney's ceiling is. That has to change with Romney and he's got the first debate to get the job done or else forget about it, the subsequent debates aren't as closely watched and the public tends to have made up their minds after the first one.
The Democratic convention was a more optimistic affair. The speeches were uplifting. The Republican convention was filled with doom and gloom. Americans already have enough doom and gloom to worry about, they don't need an entire political party to tell them that. They were looking for answers but all the Republicans were able to muster was how bad Obama was.
If Mitt Romney wants to become President, he has to actually run on why he's the better choice and what it is he'd do. Saying, "I'm not Obama and I'll do the exact opposite of whatever Obama does" isn't good enough.
It's still going to probably end up being a spread of 6 points or less, but over the last 4 months now, it's the President who keeps moving ahead from the even spot, while it's Mitt Romney who continues to get stuck at 46-48%.
I'd say it hurt Romney's chances for a bounce that he took Labor Day weekend off. He should've gone on a big tour the next 3-4 days, but he basically went into hiding for the entire following week. He squandered a chance at an opening by doing that.
As the Republican party's elite begin to snipe at Romney, he'll have even less of a chance of getting the opening he needs. And as long as he continues to get himself stuck having to explain why one day he's for health care and the next why he isn't, he'll never gain any traction.
As long as he holds his own in the debate, the race will stay rather close, but if it's clear that Obama has beaten him at that, too, than we're looking at 1984 all over again, particularly if Republicans decide they're fed up with Mitt, which seems to be the case with all the sniping over the last day or so.
Even is where Obama's floor is, but it's where Romney's ceiling is. That has to change with Romney and he's got the first debate to get the job done or else forget about it, the subsequent debates aren't as closely watched and the public tends to have made up their minds after the first one.
The Democratic convention was a more optimistic affair. The speeches were uplifting. The Republican convention was filled with doom and gloom. Americans already have enough doom and gloom to worry about, they don't need an entire political party to tell them that. They were looking for answers but all the Republicans were able to muster was how bad Obama was.
If Mitt Romney wants to become President, he has to actually run on why he's the better choice and what it is he'd do. Saying, "I'm not Obama and I'll do the exact opposite of whatever Obama does" isn't good enough.
It's still going to probably end up being a spread of 6 points or less, but over the last 4 months now, it's the President who keeps moving ahead from the even spot, while it's Mitt Romney who continues to get stuck at 46-48%.
I'd say it hurt Romney's chances for a bounce that he took Labor Day weekend off. He should've gone on a big tour the next 3-4 days, but he basically went into hiding for the entire following week. He squandered a chance at an opening by doing that.
As the Republican party's elite begin to snipe at Romney, he'll have even less of a chance of getting the opening he needs. And as long as he continues to get himself stuck having to explain why one day he's for health care and the next why he isn't, he'll never gain any traction.
As long as he holds his own in the debate, the race will stay rather close, but if it's clear that Obama has beaten him at that, too, than we're looking at 1984 all over again, particularly if Republicans decide they're fed up with Mitt, which seems to be the case with all the sniping over the last day or so.
asterism
Congress != Progress
GM is living on borrowed time. Any company can thrive for a few years with $25 Billion in gifts from the federal government.
The higher debt since 2009 is not from tax cuts, it's from increased spending.
asterism
Congress != Progress
Apparently "not going into a depression"= "no benefit" to Trajan
The economy had already bottomed out by the time the stimulus was implemented. If anything prevented another depression, it was TARP and TARP II.
blackhawk
Diamond Member
The main reasons are because the conventions were back to back and the Democratic convention was second. When conventions are back to back as these were you barely had time to study or think about the Republican convention before everyone's attention switched to Democrats. In 2008 the Republican convention was second and they got the bigger bounce but that bounce did not hold up and Obama was elected we should get a better idea of what the Obama bounce does or does not mean sometime next week.
auditor0007
Gold Member
This is pretty simple. A very large percentage of Romney's support is just people supporting the other candidate because they are dissatisfied with Obama. Romney doesn't have a swelling of pro-Romney support, and no matter what he says, that is not going to change. On the other hand, a lot of people like Obama but are disappointed that things have not gone better. Given a reason, they will still get behind him, so when people heard positive things coming out of the Democratic Convention, it moved some people. Romney was never going to move anyone. I really think Romney has peaked. I could be wrong, but barring a red herring, I think Obama's lead will actually increase the closer we get to election day.
FA_Q2
Gold Member
You say this in this particular post and yet previous posts place the blame for the recession on Bush. I guess the question is, if this was such a large contributor to the recession, why is Bush policies the ones that you lay the blame on? What specific policies that Bush put into play are you blaming the recession on?
I personally don’t think that you can point to a ‘side’ and blame them. That speaks of serious partisan bias. There are errors all over the place and no one party or person is the sole benefactor of blame here. It would be more constructive to find specific policies that were the problem.
This. Honestly, the bounce is meaningless because it is not going to hold. That has already been shown by others here. Obama went second and the coverage was pretty widespread for both. I can remember changing radio stations and hearing the conventions on all 6 of the stations that I listen to. It was rather funny switching through them because they were all the same. A twilight zone episode in the making
This really underlines a good point that I think was missed. There are calls all over this board of Obama has it in the bag and Romney has it in the bag. This article underlines how dumb it can be to call the election for one guy or the other this early based on anything. There is a lot more to go and neither of these candidates have a clear victory. The tilt is toward Obama and the bump he gets is not something that is a good sign for Romney but neither is it indicative of an Obama lead either. It is just a bump and the race is particularly close.
bigrebnc1775
][][][% NC Sheepdog
Apparently "not going into a depression"= "no benefit" to Trajan
It ain't over yet.
kwc57
BOHICA Obama
So much for that 6 point bounce.
Daily Presidential Tracking Poll - Rasmussen Reports™
"The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows President Obama attracting support from 46% of voters nationwide, while Mitt Romney earns 45% of the vote. Four percent (4%) prefer some other candidate, and five percent (5%) are undecided.
The president received a modest convention bounce, but that's now gone. On the day the conventions began, Obama was up by two points. Now the numbers are essentially back to that starting point with the president leading by a point........"
Daily Presidential Tracking Poll - Rasmussen Reports™
"The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows President Obama attracting support from 46% of voters nationwide, while Mitt Romney earns 45% of the vote. Four percent (4%) prefer some other candidate, and five percent (5%) are undecided.
The president received a modest convention bounce, but that's now gone. On the day the conventions began, Obama was up by two points. Now the numbers are essentially back to that starting point with the president leading by a point........"
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