Re: Bad Econmic News Without a doubt. At the end of 2008 things were spiraling out of control downhill, so much so that the Republican candidate for president suspended his campaign to return to Washington. There's no question but what things are better than they were then. barfo
Re: Bad Econmic News The fact is that President Obama made a big bet that massive deficit spending and an expansion of the role of government in our lives would turn our economy around and usher in a new era of Liberalism. It hasn't panned out. Instead, we've seen an awakening of the populace in the form of the Tea Party not seen since the Reagan Democrats. The people that quietly went about their lives trying their best to ignore Washington are now energized. What we're seeing is the last gasp of a failed ideology. We simply can't afford President Obama's 1970s Western European ideas anymore, so we'll have to do something new. Unless the GOP nominates someone utterly unsuited, President Obama will be the Jimmy Carter of the 21st Century. Let's just hope he's followed by Ronald Reagan.
Re: Bad Econmic News Well, hoping for something new and another Ronald Reagan is just a tad contradictory. To me, it appears the tea party has already peaked and is now on the glideslope towards irrelevance. But we'll soon know. If Mitt Romney declares that he's a tea partier, he's always been a tea partier, how dare we question his tea party credentials, then the tea party still matters. If he doesn't, it doesn't. Romney's a good weathervane for that sort of thing. barfo
Re: Bad Econmic News http://latimesblogs.latimes.com/washington/2011/06/obama-2012-economy-republicans-romney.html