U.S. voters grieving for a world that won’t return

Stephen Pearlstein, business columnist for The Washington Post, makes an argument familiar to regular readers of this blog:

“Somewhere between the rantings of the Republican right, which is peddling the nonsense that excessive government spending is to blame for high unemployment, and the Democratic left, which clings to the false hope that another helping of fiscal stimulus is all that is needed to get millions of Americans permanently back to work, is this stubborn reality:

The loss of 8 million jobs reflects problems that are largely structural, not cyclical, which means they won’t be brought back by fiddling with a magic dial in Washington that controls how much the government spends.”

As Pearlstein notes, millions of construction and manufacturing jobs have disappeared and aren’t coming back soon. In addition, large numbers of displaced workers find themselves chained in place, unable to move to seek jobs because they are stuck with a mortgage for more than the house is worth.

And how did all this happen?

The structural problems, however, go well beyond these mismatches. The reason there were 8 million additional jobs back in 2007 is that demand for goods and services was artificially – and unsustainably – inflated by cheap, plentiful credit. Between 2002 and 2007, household debt was increasing at the torrid pace of more than 10 percent annually, while business debt and the debt of state and local governments was growing at an average of 9 percent. Much of that money was used to finance present consumption.

Now all that has reversed. Household debt is shrinking at a rate of 2.4 percent per year as the savings rate has risen from nearly zero to more than 5 percent. Meanwhile, business debt declined 2.5 percent last year and is now flat, as is the case for state and local governments.

All that deleveraging and living within our means is obviously a good thing in the long run. But what it means for the economy in the short run is that neither the excess consumption nor the jobs it supported are coming back.”

Our political leaders haven’t come to grips with that reality yet, and neither have the American people. What we’re seeing in the body politic right now is a primal scream of denial, an insistence that easy answers be found — right now! — so that we can all go back to those good ol’ days of not so long ago.

That’s why, less than two years after handing overwhelming victory to the Democrats, voters appear set to toss them aside and cast their lot with the Republicans next. Well, you can believe me now or you can believe me later, but John Boehner, Mitch McConnell and Sarah Palin certainly don’t have the answers either.

Just ask them.

It may be that the American people just aren’t prepared yet to hear the truth. This is part of a process of denial, anger and bargaining, followed only later by acceptance, that we just have to work our way through to get to the other side. It isn’t pretty, but it’s probably necessary.

347 comments Add your comment

Del

September 8th, 2010
8:19 am

Pearlstein of the MSM sure sounds upset that his party of choice might be in danger of getting dumped this November. The left is either in panic mode or denial mode.

Turner

September 8th, 2010
8:20 am

AMEN, brother.

USinUK

September 8th, 2010
8:20 am

“demand for goods and services was artificially – and unsustainably – inflated by cheap, plentiful credit”

leverage. it’s what was for breakfast — not just for individuals, but companies, as well.

we’re still living the hangover

Carlosgvv

September 8th, 2010
8:20 am

For years Big Business and Congress have been obsessed with short-term gain. This has carried over to the general public and now the chickens have come home to roost. Many Americans now have to swallow the bitter pills of reality and maturity.

Independent

September 8th, 2010
8:22 am

What we’ve also seen are politicians, bureaucrats, and self-proclaimed experts at all levels of government using nonsense accounting tricks and budgeting sleigh-of-hand to mask for decades the grim reality. The easy so called “fixes” were nothing more than a house of cards.

Gale

September 8th, 2010
8:22 am

Well, many Americans were not ready to hear the hard truth about the economy in the last election. The few candidates expressing real plans to solve the problems were shoved aside for “Hope”. It really will take more than hope, no matter how much that may raise our spirits.

hostdawg.net

September 8th, 2010
8:22 am

It may be that the American people just aren’t prepared yet to hear the truth. This is part of a process of denial, anger and bargaining, followed only later by acceptance, that we just have to work our way through to get to the other side. It isn’t pretty, but it’s probably necessary.

Actually Jay, The GOVERNMENT does NOT WANT TO TELL US THE TRUTH!!

USinUK

September 8th, 2010
8:24 am

carlos – “For years Big Business and Congress have been obsessed with short-term gain”

individuals / households, too. not just in their purchasing habits, but their investing habits, as well (which did nothing but reinforce short-term decisions by big business).

Jay

September 8th, 2010
8:25 am

Hostdawg, I’d agree with that, but with this proviso.

The political leaders don’t want to tell people that because the people aren’t ready to hear it. In time they will be. Not yet. Not for a while yet.

Finn McCool

September 8th, 2010
8:26 am

Yeah, we’ll be sitting pretty once we get the unknown tea party candidates into office.

Each one a Sara Palin-quality leader: “I’m here to represent you, my constituents, and do the job you voted me in to do…oh, wait, BOOK TOUR! Good-bye! Nice knowing youse. Good luck!”

Redneck Convert (R--and proud of it)

September 8th, 2010
8:26 am

Well, all the jobs would come back and then some if we just elect Conservative Republicans and let them pass laws so we can have Trickle Down. The problem is, real rich people don’t get enough Tax Cuts and now this Muslim wants to get rid of My President’s Tax Cuts for the rich.

I figure along about now the rich people are getting tired of using their bulldozer to pile up the money after work every day and now they’re ready to start spending some of it and hire people. But they won’t do it without keeping the Tax Cuts they have and maybe getting a couple more.

Anyway, the good Conservative bloggers that will be along shortly can explain it better than I can.

Have a good day everybody.

ty webb

September 8th, 2010
8:26 am

“This is part of a process of denial, anger and bargaining, followed only later by acceptance, that we just have to work our way through to get to the other side. It isn’t pretty, but it’s probably necessary.”

yep, and that pretty much sums up all the “Hope” we were hearing about. Suckers.

USinUK

September 8th, 2010
8:29 am

Finn – 8:26 – one can only hope they’re, each and every one, the same caliber quitter as St. Sarah of the Tundra.

something tells me, however, they’ll get there and find ways to start feathering their own nests …

Mick

September 8th, 2010
8:30 am

Its gonna take time for corrections to be made. We went through a depression once and its knocking at the door again. Can we find leaders willing to solve the problems? Sorry, but what do the repubs have to offer?

Small Blue Dot

September 8th, 2010
8:31 am

I think the Republicans do have a plan. A nice war with Iran would increase military supply production and get rid of some surplus workers at the same time, don’t you think? They wouldn’t come out and say it, of course.

Finn McCool

September 8th, 2010
8:32 am

but what do the repubs have to offer?

That’s the $64,000 question!

larry

September 8th, 2010
8:34 am

This is part of a process of denial, anger and bargaining, followed only later by acceptance, that we just have to work our way through to get to the other side. It isn’t pretty, but it’s probably necessary.”

This was the result of all that ” Shock and Awe” we kept hearing about. We knew they were supposed to ” Shock and Awe” Iraq. Didn’t know they were going to ” Shock an Awe” the economy did we ?

larry

September 8th, 2010
8:37 am

Time to go pay for “Shock an Awe”.

Im out

( And so he bowed, kissed, held hands)(Bush)

BK

September 8th, 2010
8:40 am

Well OK that may be true but fact is that the current administration has not applied common sense approach to getting the economy going again:

-Cutting taxes
-Faster rate of companies depreciation of assets
-Making Bush tax cuts perm

First two items alone were applied by JFK administration (and others) decades ago.

Applying these fundamental things would at least bring unemployment down some to perhaps a new norm.

Bubba Bob

September 8th, 2010
8:40 am

“The structural problems, however, go well beyond these mismatches. The reason there were 8 million additional jobs back in 2007 is that demand for goods and services was artificially – and unsustainably – inflated by cheap, plentiful credit.”

That’s what I’ve been screaming forever. However, I disagree that no one has the answers. We have to get our fiscal house in order. Hard times are coming and if we don’t get our debt in order and under control we will be swamped. Watch I.O.U.S.A. for non-partisan details.

It will not be fun but it is necessary.

Jay

September 8th, 2010
8:41 am

Actually, BK, Obama has cut taxes significantly. They were a big part — about a third — of the stimulus bill, for example.

Deep throat

September 8th, 2010
8:42 am

Hows that hopey, changey thing working for you ?
A real winner, he had ALLLLLLL the answers during the campaign.
But NOOOOOO one else was qualified to be president.
Transparency.

Scout

September 8th, 2010
8:42 am

But during the campaign, Obama had “all the answers” !

Thanks liberals and Democrats. Our country will forever remember you for starting a decline that may never recover.

Bubba Bob

September 8th, 2010
8:42 am

Jay,

The problem with the American people not being ready to hear it….THAT DOESN’T MATTER! Leaders should lead. Even when no one wants to hear it and even if it costs them their little seat of power. We have very few real leaders left. Everyone wants to keep their butt groove in their little chair and they’ll lie to do it. If they aren’t willing to tell the truth then they are not leaders.

Finn McCool

September 8th, 2010
8:43 am

BK, you like that corporate welfare don’t you?

What are your feelings on social welfare?

Scout

September 8th, 2010
8:43 am

Deep Throat:

Looks like we’re on the same page @ 8:42 ……………….. :o

RW-(the original)

September 8th, 2010
8:43 am

It may be that the American people just aren’t prepared yet to hear the truth. This is part of a process of denial, anger and bargaining, followed only later by acceptance, that we just have to work our way through to get to the other side. It isn’t pretty, but it’s probably necessary.

That’s actually a very good argument for giving control of Congress to Republicans for the last two years of Obama’s term. The only way to buy time from politicians is to throw them a little gridlock.

Flex

September 8th, 2010
8:44 am

The Republicans will reduce taxes on businesses and people who actually pay taxes that will fix the economy. It’s proven time and time again. Check your history!

stands for decibels

September 8th, 2010
8:45 am

he had ALLLLLLL the answers

[...]

Obama had “all the answers”

a left
a left
a left right left

Finn McCool

September 8th, 2010
8:45 am

giving control of Congress to Republicans

Don’t like the idea of having to “work” for something? Want the American people to just “give” it to them? Typical.

USinUK

September 8th, 2010
8:46 am

“But during the campaign, Obama had “all the answers” !”

really? he did? and you can provide a quote where he said that he did?

ken

September 8th, 2010
8:46 am

Government is not the answer. Get rid of Government Mandated Speed Limit and watch people speed. Government is a restrictor and not a pump.

Grumpy

September 8th, 2010
8:46 am

Amazing how the “hope and change” rhetoric has fizzled in less than 2 years. It was all Bush’s fault, but Obama had all the answers = all I heard about a year ago. Now that the Dems are about to get their heads taken off on 11/2, the story becomes “well, you know, this wasn’t created overnight, it’s taken decades to get here, so we can’t expect any quick fixes”.

Fools.

USinUK

September 8th, 2010
8:47 am

dB – 8:45 – seriously.

USinUK

September 8th, 2010
8:47 am

Grumpy – you missed your cue … but, do feel free to jump in and provide a quote where Obama said he had all the answers …

stands for decibels

September 8th, 2010
8:49 am

Obama had all the answers

Sorry to leave you out, Grumpy.

BK

September 8th, 2010
8:50 am

If you want social welfare then move to Europe.

However, there social programs are belly up these days because of programs being unsustainable over long periods.

Therefore, the best anyone could ever do with there lives is get off there butts & make it on oneselfs back.

WillieBee

September 8th, 2010
8:51 am

In a time when people and companies are deleveraging, casting aside the debt that fueled the house of cards bubble in the last decade, why is government doubling down and piling up debt at a record level? Are our leaders so arrogant that they think they can do as they please?
Would the architects of one failed, bloated and mismanged stimulus program sell us another?
We don’t need government to “fix” the problem. We need government to stop being the problem.

Bubba Bob

September 8th, 2010
8:51 am

USinUK,

I don’t think Obama said he had all the answers but he did say:

“we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on earth. This was the moment—this was the time—when we came together to remake this great nation so that it may always reflect our very best selves and our highest ideals.”

If that’s not megalomania I don’t know what is.

Vee

September 8th, 2010
8:52 am

This is what I’ve been saying for so long now and I can only hope that since the bulk of the message was in the Post, those naysaying ostriches will wake-up (it’s been a long ten year sleep cycle) and get their heads up out of that sand and stop drinking the kool-aid!! Turn off those foxy folks and get back to the real world…

Port O'John

September 8th, 2010
8:52 am

I want President Chimpy back, all he ever did was start wars against muslims without a plan or exit strategy, give tax cuts for billionaires, increase domestic spending like a drunken sailor and give his Veep’s company billion-dollar no-bid contracts…and in his spare time he found time to give us some nice wedgies on social issues like hatin’ gays.

A true American hero! What’s not to like?

joe

September 8th, 2010
8:53 am

The key to new jobs is to put a govt in charge that businesses (and Wall St.) like. Right now, they don’t like how our government is running (or ruining) things. Businesses are making money, but simply sitting on that profit and not reinvesting because of our current administration. So, if you want jobs, vote GOP in Nov and again in 2012.

Bubba Bob

September 8th, 2010
8:53 am

Port,

Bush didn’t have the answers. Does Obama?

We have to quit attacking the other side and find someone who will try and solve the real problem, our debt.

Karl Marx

September 8th, 2010
8:54 am

Sorry Guys, Mr. Pearlstein in just another “journalist” repeating the 1980 Jimmy Carter claim that the American Dream is dead. When we realize that we need to stop the bleed of manufacturing jobs overseas then we will start to come out of this. We need to stop giving the United States away to foreign countries one job at a time.

godless heathen

September 8th, 2010
8:54 am

In order to have jobs you have to have something for people to do other than shuffle papers back and forth to one another. Manufacturing jobs are gone forever due to environmental & safety regulations and high labor rates that foreign countries do not have. You can buy an operating miniature video camera made in Taiwan for $5. There is no way that America can compete in that market. I don’t know what the solution is, but the outlook for employment in the good old USA is not pretty.

ty webb

September 8th, 2010
8:54 am

Yeah, I don’t remember Obama saying he had all the answers. Just empty platitudes. Apparently that’s enough to give people thrills up their legs and get you elected. The sad thing is it will happen again in 2012. Maybe we’ll be able to call in or text our votes in 2012. Quick, soemeone get Seacrest on the phone….Webb, out.

jm

September 8th, 2010
8:55 am

Boehner is an idiot. He was on ABC this AM with Stephanopolous. When George asked a few questions, J.B. just didn’t answer because his gears were turning to slowly to answer. He was busy trying to craft an answer that wouldn’t get him in trouble, meanwhile George had to ask if he heard the question. Yep, no problem with the earpiece. Just a problem with what’s between the ears.

Relevant to the problem at hand – education, education, education. Job retraining, and our kids need to be math-science-technology-engineering wiz kids. Not history and poli sci majors.

Shawny

September 8th, 2010
8:56 am

Won’t come back, no matter how much the govt spends. Absolutely correct. So stop spending it.

One slight correction: “Somewhere between the rantings of the Republican right, which is peddling the nonsense that excessive government spending is to blame for high unemployment…”

No, spending is not to blame for unemployment. Spending is to blame for increased debt. Unemployment, as correctly identified later on, is a result of markets overblown and oversold that have come back to earth.

Del

September 8th, 2010
8:56 am

Jay@8:25am,

Yes Jay the government is wiser than the masses. The masses must be led in a manner that understands their intrinsic ignorance True far left speak.

Palin fan

September 8th, 2010
8:56 am

Conservatives have remedies for getting this country back on tract from Obama’s socialist agenda. Tax cuts and less government will give us back our freedom, liberty and economy.

Bosch

September 8th, 2010
8:57 am

Which is why I don’t understand all the “Bring on November” from the right. Like, okay, I like November, it’s a lovely month — definitely cooler and God knows we could use the cooler weather, Thanksgiving and all, I mean, I love turkey and stuffing and all the fixings, great football games, but seriously, other than that, what is it about the month that the righties are so excited about?

Do they really think that somehow with GOP back in charge, that things are going to change and presto! Everything is back to “normal” — whatever that means.

USinUK

September 8th, 2010
8:58 am

“when we came together to remake this great nation so that it may always reflect our very best selves and our highest ideals”

Bubba – you think this is megalomania??? (hint: A psychopathological condition characterized by delusional fantasies of wealth, power, or omnipotence)

gosh, then I guess Reagan’s “morning in America” meant he was a megalomaniac, too. and JFK’s “Let both sides explore what problems unite us instead of belaboring those problems which divide us” and so forth and so on …

Deep throat

September 8th, 2010
8:59 am

O bama’s biggest answer, bame the other guy. The Rep drove the car into the ditch, well Oblunder sunk the ship.

During the campaign , Oblamer John McCain wants to use a hatchet to fix the problems, I will use a scalpel, what we need is comprehensive reform. I know how to get the job done.

stands for decibels

September 8th, 2010
8:59 am

I grieve for those voters who are not getting the things that were not promised by the man they did not vote for.

Bubba Bob

September 8th, 2010
8:59 am

Bosch,

I do not think the GOP will bring instant normal. However, I am tired of the socialism that our government is pushing. That will stop.

The GOP is a temporary fix for now. If they don’t stop the spending then I’m voting Libertarian.

USinUK

September 8th, 2010
9:00 am

“Apparently that’s enough to give people thrills up their legs ”

which beat the hell out of the chill down my spine I got from McCain/Palin.

Snidley Whiplash

September 8th, 2010
9:00 am

It’s policy that’s sets the tone. True or false..? :

In a bid to stem taxpayer losses for bad loans guaranteed by
federal housing agencies Fanny Mae and Freddy Mac, Senator Bob
Corker (R-Tenn) proposed that borrowers be required to make a 5%
down payment in order to qualify. His proposal was rejected 57-42
on a party-line vote because, as Senator Chris Dodd (D-Conn)
explained, “passage of such a requirement
would restrict home
ownership to only those who can afford it.”

Duh…

stands for decibels

September 8th, 2010
9:00 am

Bubba – you think this is megalomania???

Think he meant to type “uppity.”

USinUK

September 8th, 2010
9:01 am

dB – 8:59 – I’m feeling you feeling their pain.

really.

BK

September 8th, 2010
9:02 am

Judging 1/2 of these emails most would not even recognize a good economy if it was placed in front of them.

BADA BING

September 8th, 2010
9:02 am

Instant gratification is what we are used to. Cel phones, DSL, TV and pictures and email on our Blackberries. We want it and we want it now! Bad news……the economy aint gonna return like that, we are in for a long haul. It doesn’t matter which party is in control, there is no magic bullet. Get used to the standard of living you have now, it is going to stay the same or get worse.

Gordon

September 8th, 2010
9:02 am

Agree with everything he wrote, but I would add that although excessive government spending may not be the root cause of job loss, it will be the cause of many other problems. This is another thing the people aren’t ready to hear, but one way or another they are going to find out.

Here is another reality: our education system does not adequately prepare our workers to compete with foreign workers, and most of the jobs being created as we go forward will be jobs that can be competed for by foreign workers. It was difficult for foreigners to compete when there was more manufacturing, but that is not the case now. And no, the problem with education is not money.

USinUK

September 8th, 2010
9:03 am

dB – 9:00 – oooooooooooooooooooooo

ty webb

September 8th, 2010
9:03 am

UsinUK,
Maybe it’s just me, but Palin is far more likely to give me a thrill up my leg than Obama ever could. But then again that has nothing to do with economic policy, nor governance.

Charles

September 8th, 2010
9:03 am

The structural problems, however, go well beyond these mismatches. The reason there were 8 million additional jobs back in 2007 is that demand for goods and services was artificially – and unsustainably – inflated by cheap, plentiful credit. Between 2002 and 2007, household debt was increasing at the torrid pace of more than 10 percent annually, while business debt and the debt of state and local governments was growing at an average of 9 percent. Much of that money was used to finance present consumption.

——————————————
This statement hit it on the head! We all like drunken sailors in port- we all were drunk on cheap credit, and now it’s coming back to bite us in the rear!

Bubba Bob

September 8th, 2010
9:04 am

USink,

You know what I meant when I posted that quote. Don’t pull out one line. I was trying to be honest and put his finishing sentence in there instead of leaving it out. So do you think the other sentences are just plain normal talk?

decibels, if you think ‘uppity’ is racist then more power to you. I don’t. Anybody can be uppity. However, I don’t think Obama is uppity. I do think he is a megalomaniac.

stands for decibels

September 8th, 2010
9:04 am

“passage of such a requirement would restrict home ownership to only those who can afford it.”

Fercryinoutloud…

http://www.factcheck.org/2010/06/satire-alert-dodds-quote-on-mortgages/

USinUK

September 8th, 2010
9:04 am

“Judging 1/2 of these emails most would not even recognize a good economy if it was placed in front of them”

okay. I’ll bite. what’s a good economy, BK? (however, please avoid using their/there/they’re, since you seem incapable of distinguishing between them)

Bosch

September 8th, 2010
9:04 am

Bubba,

“However, I am tired of the socialism that our government is pushing.”

Oh, please tell us wise Bubba why in the world are you tired of something that doesn’t exist? In order to have socialism, you must first and foremost have a strong middle class (you know the workers owning the means and distribution of the goods and all that is the key component of socialism) — so please, tell us again, where do you see socialism, because it definitely ain’t here.

USinUK

September 8th, 2010
9:05 am

ty – 9:03 – okay, now, that was funny.

Bubba Bob

September 8th, 2010
9:06 am

Bosch,

It is being pushed here. It hasn’t arrived but they are pushing it and I want to stop it before it arrives.

BTW, when I look at Soviet Russia or Cuba I don’t see a strong middle class. I see an iron-fisted government.

jm

September 8th, 2010
9:06 am

Gordon 9:02 – second that. Perhaps the Republicans will put a course correction on the budget. If they do, I think in the long run that’s a good idea. However, I doubt their willpower. Austerity is never popular. And during the Bush years the flunked the fiscal discipline test.

Bosch

September 8th, 2010
9:08 am

Bubba,

“It is being pushed here. It hasn’t arrived but they are pushing it and I want to stop it before it arrives.”

Soooooo, you are scared of something that hasn’t arrived here yet, so why are you griping about it? How exactly is it that they are “pushing” for it?

Is it coming with the Sharia Law too?

USinUK

September 8th, 2010
9:09 am

“I was trying to be honest and put his finishing sentence in there instead of leaving it out. So do you think the other sentences are just plain normal talk?”

ohfercryingoutloud … you do realize that what you’re asking is “when you take these sentences out of context, don’t you think he’s a nutter?”

first of all, nowhere in there did he say HE was the be-all, end-all – nowhere in there did he say HE was going to make all that happen. those sentences were loaded with WE’s, not I’s

Gordon

September 8th, 2010
9:09 am

Jay,

First of all, I would like to say I have enjoyed your work the last 2 days.

I would have to disagree with your assertion that the government won’t tell the people the truth because they aren’t ready to hear it. It is because they aren’t up to it. They are more concerned about the next election cycle than making necessary changes or telling the truth.

Zedd

September 8th, 2010
9:09 am

The Republicans may not have all the answers, but at least they keep spending us into oblivion like Obama and the Democrats.

Was it really crucial to the American economy and American jobs to waste stimulus money on crap like this?

Examples of wasteful projects include:

• $554,763 for the Forest Service to replace windows in a closed visitor center at Mount St. Helens

• $762,372 to create “Dance Draw” interactive dance software

• $62 million for a tunnel to nowhere in Pittsburgh, PA that even Governor, Ed Rendell called “a tragic mistake”

• $1.9 million for international ant research

• $1.8 million for a road project that is threatening a pastor’s home

• $308 million for a joint clean energy venture with…BP

• $89,298 to replace a new sidewalk that leads to a ditch in Boynton, OK

• $3.8 million for a “streetscaping” project that has reduced traffic and caused a business to fire two employees

• $16 million to help Boeing to clean up an environmental mess it created in 2007

• $200,000 to help Siberian communities lobby Russian policy makers

• $39.7 million to upgrade the statehouse and political offices in Topeka, Kansas

• $760,000 to Georgia Tech to study improvised music

• $700,000 to study why monkeys respond negatively to inequity

• $193,956 to study voter perceptions of the economic stimulus

• $363,760 to help NIH promote the positive impacts of stimulus projects

• $456,663 to study the circulation of Neptune’s atmosphere

• $529,648 to study the effects of local populations on the environment…in the Himalayas

Zedd

September 8th, 2010
9:10 am

*they wont i meant

USinUK

September 8th, 2010
9:10 am

Bubba – “I don’t see a strong middle class”

considering how much the middle class has suffered over the last 3 years (to the benefit of the top 1%), I don’t see a STRONG middle class in the US, either, and that’s nothing to do with socialism -

Bubba Bob

September 8th, 2010
9:10 am

Bosch,

Yes I’m worried about something that hasn’t arrived. It’s too late to worry about it once it’s here. If you’re doctor told you not to worry about eating healthy and exercising and just go ahead and have a heart attack and then worry about it what would you think?

jm

September 8th, 2010
9:11 am

USinUK

September 8th, 2010
9:11 am

Bosch – 9:08 – mmmmm … I’ll have the Socialism Special with a little Sharia on the side to share …

Bubba Bob

September 8th, 2010
9:12 am

USink,

Loaded with ‘we’s’. Where are the ‘we’s’ now? Looking for him to solve everything. That’s the problem with that kind of talk. It’s all fluff and doesn’t solve anything.

If the we’s would really get interested in doing something then maybe it would be different.

Bosch

September 8th, 2010
9:12 am

Zedd,

Show me the proposals for those projects, the whole proposal, and I’ll let you know what I think.

getalife

September 8th, 2010
9:13 am

Their donors are happy.

Carlosgvv

September 8th, 2010
9:13 am

US in UK

Here’s something else no one wants to really think about. Any Government is only as good as the people who run it. Is this why there is no good form of Government?

Bosch

September 8th, 2010
9:13 am

Bubba,

Please give me an example of the socialism that the government is pushing. Enough with the empty rhetoric and hyperbole.

USinUK

September 8th, 2010
9:14 am

Bubba – “Loaded with ‘we’s’. Where are the ‘we’s’ now? Looking for him to solve everything. That’s the problem with that kind of talk. It’s all fluff and doesn’t solve anything”

so, in other words, the people want the government to solve everything …

huh.

BK

September 8th, 2010
9:15 am

Some are concerned about the shrinking middle class; so what!!

Here in the USA we have the the richest poor people in the world:
-USA poor live on average in a 1200 sq foot area.
-Live with heat & AC.
-Have cell phones & TV’s.
-Have a car.
-Wear designer sneakers.
-Get a education.

Whats wrong with being poor in the USA? Perhaps a good economy & social status is all a state of mind.

Bubba Bob

September 8th, 2010
9:16 am

Bosch,

Socialized medicine. That’s where the left wants to go. This first bill is just a step in that direction.

@@

September 8th, 2010
9:17 am

Our political leaders haven’t come to grips with that reality yet, and neither have the American people. What we’re seeing in the body politic right now is a primal scream of denial, an insistence that easy answers be found — right now!

I beg your pardon. Some Americans (dems) don’t live in the real world. But there ARE those of us, who live by the old axiom, “A failure to plan is a plan to fail.”

Worry not! How many times has this administration told their supporters, they will either save or create them? Suffering from delusions of grandeur, they…and their supporters buy the wool off their spinning wheel.

Bosch

September 8th, 2010
9:18 am

Bubba,

“Socialized medicine.”

Nope, try again. No where, at no time, has the government proposed that. Again, your empty rhetoric is just that. Like so many, you are worried about things that are only in your head.

Zedd

September 8th, 2010
9:18 am

Bosch, if you want the full reports, look them up yourself. Unlike USinUk and some others around here, I actually have a real job and can’t spend all day skiving.

Bubba Bob

September 8th, 2010
9:18 am

USink,

Yes, the people want the government to solve everything. Let me give you an example…

I live in a 100% white area. 50% of the population is uneducated and could care less. They’ll vote for whatever they can get and then get mad at the government for not solving their issues. It’s crazy. They have not motivation or reason to learn about the issues and help make educated voting choices. They don’t know the government can’t solve everything.

Now, you for instance. You seem educated and have thought out why you vote the way you do. I may disagree with you but at least you are trying to work things out and vote in a way that is consistent with your reasons. I can at least agree to disagree with you.

Bosch

September 8th, 2010
9:19 am

“Bosch, if you want the full reports, look them up yourself. Unlike USinUk and some others around here, I actually have a real job and can’t spend all day skiving.”

Translation: I copied and pasted that from something that someone made up.

Idiots

September 8th, 2010
9:19 am

Could we please get the Republicans back into office as soon as possible? The sooner they get back into power, the sooner they can fail and we can all move on with our lives trying to find real solutions to our problems. All this November and 2012 talk is giving me the sh%ts!

Deep throat

September 8th, 2010
9:20 am

Government won’t tell people the truth about the economy,
1. They the government does not have a clue.
2. They are liars.
3. They waitng on the hopey changey thing.
4. All the above.

BMDPD

September 8th, 2010
9:20 am

All you dummies are so partisan. You will not accept a valid argument from either side. The quoted article is spot on. Everyone is to blame. (Not only Dems/GOP, but business and consumers alike.) We did this to ourselves.

Bubba Bob

September 8th, 2010
9:20 am

Bosch,

Headline, NYTIMES, 11/06/2009 – “Democrat Gives Up Single-Payer Measure to Back Party Leaders”

They wanted a single-payer (socialist) system. They backed off, for now. It’s not in my head.

TaxPayer

September 8th, 2010
9:20 am

Zedd,

The left out the one trillion dollar annual DoD budget on that list of yours. An oversight?

saywhat?

September 8th, 2010
9:21 am

Scout wrote at 8:42 “Thanks liberals and Democrats. Our country will forever remember you for starting a decline that may never recover.”
Because in January of 2009, the US economy was at the peak of wonderful. Then liberals and Democrats ruined it all by starting two wars, deregulating everything, overseeing the failure of the banking system, cutting taxes on the rich to run up the deficit, and for 6 years a Democratic president didn’t veto a single spending bill sent to him by a Democrat controlled Congress. Oh, wait, that was the Republicans.

I think Scout meant to write “Thanks conservatives and Republicans. Our country will forever remember you for starting a decline that may never recover”