Economy takes a fourth-quarter stumble
“The U.S. economy contracted slightly in the final months of 2012, as defense spending plummeted and businesses depleted their inventories, in a surprising development that could give hints of the economic challenges to come.
Gross domestic product fell at a 0.1 percent annual rate in the fourth quarter, the Commerce Department said Wednesday, far below the 1.1 percent gain that analysts had forecast. The number will be revised extensively in the months ahead as more complete data becomes available, but if the number stays in negative territory, it would be the first contraction for the U.S. economy since the second quarter of 2009.”
That’s not good news by any means, but it’s also not as bad as it might appear. In wake of the announcement, for example, the stock market plummeted a whopping 18 points, or 0.13 percent, as of 12:30 p.m. In addition, a new report from ADP, which monitors private-industry hiring, predicts that the economy added a decent 192,000 jobs in January.
“According to the ADP National Employment Report, private sector employers created an average of 183,000 new jobs per month during the last three months,” said Carlos A. Rodriguez, ADP’s president and chief executive officer. “This is an encouraging sign of steady improvement in the job market.”
So what drove the surprising GDP decline? According to the Wall Street Journal, a lot of it can be attributed to a sudden 15 percent reduction in federal spending in the fourth quarter. That was the largest single-quarter drop since 1973. Clearly, taking that much money out of a still-fragile economy had an impact.
To which Sen. Mitch McConnell responded, again according to the WSJ:
“Clearly, we need to address spending. There’s simply no other way to solve the problem.”
– Jay Bookman
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334 comments Add your comment
Joe Hussein Mama
January 30th, 2013
3:03 pm
E. Cat — “I try..was never a fan of his especially in his second term”
I appreciate that. Seriously.
FWIW, it troubles me that some conservatives try to paint our involvement in Afghanistan as *Obama’s* war. That’s where OBL was on 9/11, that’s where we cornered him several years ago and that’s where we should have been concentrating our forces, not a thousand-plus miles away in a another country entirely.
I feel that I’ve been more than honest in repeatedly stating that *both* Bush and Obama suck when it comes to job creation. Neither President’s record on that score is anything to write home about. However, it seems that many conservative posters here just can’t bring themselves to recognize that.
Republican or Democrat, we’re never going to be able to solve our own problems if we just dig in and defend all the players on our own respective teams. We *have GOT* to be able to say ‘yeah, that’s a suck idea from my side’ or ‘no, I can’t agree with my side on that’ when a stupid argument or proposal comes up.
Otherwise, we’ll be stuck in this rut indefinitely.
Stevie Ray
January 30th, 2013
3:03 pm
JAY
The estimate that is a source of all flawed economic decisions is the growth rate. IMO in order to allow more credibility, all decisions need be made with assumption of zero growth. Sounds nuts on the surface but this will result in more balanced decisions and allow room for error..
That Black Guy
January 30th, 2013
3:04 pm
Joe Hussein Mama
January 30th, 2013
2:45 pm
TBG — “Also, nothing was said to the “poster” who first mentioned “a shooting”.
The first poster wasn’t cracking a joke. He simply mentioned that it had happened. – *erwin’s cat said he wasn’t making a joke, just an observation. I believe him*
“Ok, to mention 1 shooting but not the other?”
We are all free to say whatever we like here, within the bounds Jay puts on us. Sometimes people are going to criticize what others say. Shrug. – *true*
I don’t know what else you’re looking for here. Cat said something and I commented in response. What of it? – *Nothing, no fight here*
UNCLE SAMANTHA
January 30th, 2013
3:05 pm
i want to thank all you liberals and especially Obama for making me a very wealthy woman
i invested right after the 2008 election
Gun Maker’s Stock Soars More Than 700% Since Obama’s Inauguration in 2009
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
3:05 pm
@rightwingextreme
January 30th, 2013
2:51 pm
Uh Huh….Bush Outspent Obama 2 to 1
Well, at least we knew what his grades were…..way more than we can say about Skeeter! bahahahahahahahah!
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
So….it is okay to be moderate to inferior?
Bush’s four-year average was 77; a C student.
Bush graduated from Yale in 1968.
Looks like GeeDub is a simple minded SKEETER.
Joe Hussein Mama
January 30th, 2013
3:07 pm
E. Cat — “actually nothing…it was as relevant or as irrelevant as “another shooting in Arizona” which is what getalife posted”
FWIW, I thought getalife was just posting a news item. Lots of people do that here. But that’s not what you did.
To me, it came across as if you were saying ’so what, the crazoids in Chicago will have a dozen or more shootings by the end of the day.’ It just strikes me as callously unconcerned about the problem of public shootings, not to mention a subtle dig at the President.
Erwin's cat
January 30th, 2013
3:07 pm
I appreciate that. Seriously
but for transparency, I did vote for him…twice…due to lack of better choices
FWIW…I didn’t vote R this round
Stevie Ray
January 30th, 2013
3:08 pm
Erwin’s cat
January 30th, 2013
2:40 pm
That about says it…the logical capacity of one who continues to use Bush as a benchmark for success is null and void. Let’s compare him to Clinton?
That won’t work…BO needs a low bar without question.
Christian Conservative
January 30th, 2013
3:09 pm
Uh Huh….Bush Outspent Obama 2 to 1:
And obama’s grades???
Regnad Kcin
January 30th, 2013
3:09 pm
“Actually none…I don’t compare RG3 to other QB’s either…we can all stand on our own merits”
Seems to me it’s awfully hard to tell if your QB (or Prez) is doing an adequate job – stats in a vacuum won’t tell you anything, without a baseline of some sort, right?
Morality?
January 30th, 2013
3:10 pm
“W” tried to “compromise” with the Dems….. funding and a red light for Iraq in exchange for the increased spending on the Dem’s big gub’ment pork SOCIALIST social programs. “W”’s veto pen was tossed in the trash.
0311/8541/5811/1811/1801
January 30th, 2013
3:11 pm
Christian Conservative:
Even better translation:
“Liberals”
Stevie Ray
January 30th, 2013
3:12 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:05 pm
Nobody has convinced me yet that college grades really affect outcomes being compared here. Common sense IMO is the most important quality. I see neither in BO or in Bush..the only thing more annoying than a GOP dummy is an arrogant “intellectual” lacking common sense…sound like anyone we know?
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
3:12 pm
@UNCLE SAMANTHA
January 30th, 2013
3:05 pm
i want to thank all you liberals and especially Obama for making me a very wealthy woman
i invested right after the 2008 election
Gun Maker’s Stock Soars More Than 700% Since Obama’s Inauguration in 2009
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Watch out now……YOUR low IQ is showing.
Speaking of LOW IQ……
George Bush Accidentally Votes For Obama
Nov. 06, 2012
Former U.S. president George W. Bush accidentally voted for Barack Obama today at a polling place near his Crawford, TX home.
According to local reports, the two-term Republican was confused by the instructions on his electronic voting machine and mistakenly cast a ballot he intended to discard.
Witnesses say Bush argued with poll workers for several minutes afterwards in a effort to redo his vote, but in accordance with state law they ultimately denied his request.
The embarrassing incident may have gone unnoticed if it weren’t for a local newspaper reporter who happened to be voting in the next booth. Suzanna Everett, a politics correspondent for the Waco Times witnessed the entire ordeal and crafted a cunning scheme to make it public.
SIMPLED MINDED GEEDUB
Stevie Ray
January 30th, 2013
3:14 pm
UNCLE SAMANTHA
January 30th, 2013
3:05 pm
Time to take your profit out and stay on the sidelines until nothing changes in gun laws..or perhaps take some profit (before cap gains screw job) and go long on balance…
GT
January 30th, 2013
3:15 pm
I guess the right won’t come out and say we are lying about these numbers.
The only person I know that had no bad news for years on end was Madoff.
Morality?
January 30th, 2013
3:15 pm
A Prez can only be judged on one thing results. Are we better off now than 4 years ago and will we better of at the end of Obama’s reign than we were when he took office? By better off I don’t mean the size of your gub’ment check in the mail but is the Fed Debt under control? Is it lower today than when Obama took office? That would be a NO.
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
3:17 pm
@Stevie Ray
January 30th, 2013
3:12 pm
Uh Huh….Bush Outspent Obama 2 to 1
Nobody has convinced me yet that college grades really affect outcomes being compared here. Common sense IMO is the most important quality. I see neither in BO or in Bush..the only thing more annoying than a GOP dummy is an arrogant “intellectual” lacking common sense…sound like anyone we know?
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
“an arrogant “intellectual” lacking common sense?”
Ask Bin Laden who has common sense.
Oh, you can’t HE’S DEAD.
GeeDubU didn’t.
Erwin's cat
January 30th, 2013
3:19 pm
R Kcin – Seems to me it’s awfully hard to tell if your QB (or Prez) is doing an adequate job
No it’s not..you tell on your own if he’s playing well or not…should I care if I think he’s playing any better or worse than someone not in the game field? or someone who played in a different time or against a different opponent?…what’s the point?
Stevie Ray
January 30th, 2013
3:19 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:17 pm
Are you suggesting that BO has common sense by “getting” BL?
indigo
January 30th, 2013
3:20 pm
Christian Conservative – 2:43
It’s funny how cons just won’t admit how wrong they are. When all that pesky information keeps comming out showing just how pathetic and inept G.W. Bush actually was, they simply ignore it or deflect it.
Morality?
January 30th, 2013
3:21 pm
Madoff – Bad news for him is he is in the BIG HOUSE and won’t be leaving in his life time. Instead of bailing out the criminal’s running the big banks “W” and Congress should have closed them and transferred their “assets” (customers) to banks that were solvent and not involved in criminal enterprise. Instead the crooks are still running the banks and this bail out will come back to visit after YOU go over the FISCAL CLIFF.
UNCLE SAMANTHA
January 30th, 2013
3:21 pm
Stevie
Thanks………… I did sell thanks to Obama and taxes………………. then I took the profits and bought again ……………….. thanks to the Newtown tragedy REACTIONS………. it drove stocks down……. so I bought low ………… and then
Ammo Shortages Widespread, Gun Stocks Surge As Obama Pushes For Tighter Controls
getalife
January 30th, 2013
3:21 pm
w was a disaster .
Moving forward, we need more jobs to grow the middle class.
cons are not credible on the economy since they drove it over the cliff.
Erwin's cat
January 30th, 2013
3:22 pm
JHM – not to mention a subtle dig at the President.
that was not intended, but I understand how you could get there
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
3:23 pm
@Stevie Ray
January 30th, 2013
3:14 pm
UNCLE SAMANTHA
January 30th, 2013
3:05 pm
Time to take your profit out and stay on the sidelines until nothing changes in gun laws..or perhaps take some profit (before cap gains screw job) and go long on balance…
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
“profit?”
heeheeheeheehee
“take some profit (before cap gains screw job) and go long on balance…?”
heeheeheeheeheeheehee
What geniuses
Morality?
January 30th, 2013
3:23 pm
Samantha – the real place to invest in weapon’s stocks is over seas where the FISCAL CLIFF is not quite so close to the rushing water.
Stevie Ray
January 30th, 2013
3:25 pm
GETALIFE
Good stuff….comparing your hero to a disaster…of course you are correct about W..a disaster he was but his downfall came mostly in second term..everything being equal, sadly, I expect BO”s second term to be very rocky….
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
3:25 pm
@Stevie Ray
January 30th, 2013
3:19 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:17 pm
Are you suggesting that BO has common sense by “getting” BL?
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Y-E-A-H
Heck Yeah.
Regnad Kcin
January 30th, 2013
3:26 pm
“No it’s not..you tell on your own if he’s playing well or not…”
Say your QB throws for 2 TDs an 3 INTs. You’re not comparing him to anyone else. How do you know if that’s normal, good, or bad? It’s impossible, unless you have some kind of baseline for comparision.
DownInAlbany
January 30th, 2013
3:26 pm
So, let me get this straight…most libs on here don’t take issue with deficit spending? You really believe that the gov’t should spend more than they take in? I’d like to understand…
rightwingextreme
January 30th, 2013
3:27 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:05 pm
@rightwingextreme
January 30th, 2013
2:51 pm
Uh Huh….Bush Outspent Obama 2 to 1
Well, at least we knew what his grades were…..way more than we can say about Skeeter! bahahahahahahahah!
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
So….it is okay to be moderate to inferior?
Bush’s four-year average was 77; a C student.
Bush graduated from Yale in 1968.
Looks like GeeDub is a simple minded SKEETER.
It was better than Kerry’s and Al Gore’s!
Again, we don’t know what president skeeter’s is because he’s too afraid to show his transcript. wonder why? could be he’s an illegal alien??
yuzeyurbrane
January 30th, 2013
3:27 pm
Krugman should be required reading for every Teapartycan.
Stevie Ray
January 30th, 2013
3:28 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:23 pm
You think it is easy being master of the obvious?
Seems to me that whether one outspent the other depends on what metric. If it is on new and projected debt, Obama will win…if on actual budget spending…it gets more interesting.
http://factcheck.org/2012/06/obamas-spending-inferno-or-not/
getalife
January 30th, 2013
3:31 pm
” I expect BO”s second term to be very rocky…”
He is more aggressive in his decisions.
I expect him to set a example for future Presidents.
Recon 0311 2533
January 30th, 2013
3:31 pm
Funny each time we get unfavorable economic reports, which we’ve seen frequently over the past four years the left brings up Bush. It’s been an Obama economy for some time now libs. He owns it and his policies have clearly not worked.
godless heathen - owner of many things he does not need
January 30th, 2013
3:32 pm
Watch out now……YOUR low IQ is showing.
Speaking of LOW IQ……
George Bush Accidentally Votes For Obama
Nov. 06, 2012
What IQ does it take to be duped by a hoax?
http://now.msn.com/report-that-bush-voted-for-obama-by-accident-is-a-hoax
Joe Hussein Mama
January 30th, 2013
3:33 pm
E. Cat — “that was not intended, but I understand how you could get there”
I appreciate your clarification.
I’m not accusing you of anything; I simply said what I thought. FWIW, I think it’s good that we can discuss criticism of each other (including TBG’s questions) without getting heated or personally insulting.
getalife
January 30th, 2013
3:33 pm
“He owns it and his policies have clearly not worked.”
Did we go back to a recession?
Erwin's cat
January 30th, 2013
3:33 pm
Krugman should be required reading for every Teapartycan.
Can you fight brainwashing with brainwashing?
Recon 0311 2533
January 30th, 2013
3:33 pm
I expect him to set a example for future Presidents not to follow.
There you go getalife, I fixed it for you.
The Right Reverend "Bushmeister" Brown -- Give me guns or give me death!
January 30th, 2013
3:33 pm
Let us bow our heads and pray:
Dear Gun – I bow down and pray to your wisdom and ask that you keep me safe from these following things:
Hair spray
gnats
psoriasis
ingrown toenails
loneliness
bad breath
chronic constipation
and dish pan hands.
Please oh gun, deliver us from muggers both real and imaginary; and keep us safe from sanity, also both real and imaginary.
Help me oh Gun to be able to bow down to no one, hate everyone, and bust a cap in anyone’s azz that gives me lip.
Help everyone oh Gun, to see that the world would be a better, more safe place, if only i was allowed to carry my gun everywhere and shoot it at will.
I pray to you,oh Gun, on my knees, begging you to make me and the NRA relevant and substantial once again. I may loose my life in your pursuits, but I beg you, oh Gun, not to let me go until I pistol whip my neighbor within an inch of his life… Amen
===========
I pledge allegiance to the 2nd amendment, ( and no others before or after it), of the united states of america.
And to the banana clip in which it serves, one Rambo film, with a little Die Hard thrown in, one of my guns under my bed, to scare that monster away, indivisible, with liberty and more ammo for all.
Morality?
January 30th, 2013
3:34 pm
Made my money during the dot.com bubble – everything was going up! $150,000 grew to $600,000 in less than 4 years. Sold when “INVESTOR’S BUSINESS DAILY” gave the sell signal – near the top. Then I started buying REITS (Real Estate Investment Trusts) and thanks to the leniency of Congress they tripled in about 3 years. By then I had developed my own sell signal based on IBD and three other services. Got out a little past the top but still kept 90+ % of my profits. I also bought some farm & timber land. Sold most of it but unfortunately still have 330+ acres on a beautiful creek in mid Georgia near Hawkinsville. FOR SALE at the right price if you need a place. Just recently I bought a small island outside of the USA – in case things get bad around here.
Joe Hussein Mama
January 30th, 2013
3:35 pm
DIA — “So, let me get this straight…most libs on here don’t take issue with deficit spending? You really believe that the gov’t should spend more than they take in? I’d like to understand…”
Come now. Is that *really* what you think we think?
I certainly can’t speak for all Democrats, but I can tell what I think about it if you want.
The Right Reverend "Bushmeister" Brown -- Give me guns or give me death!
January 30th, 2013
3:36 pm
Funny each time we get unfavorable economic reports, which we’ve seen frequently over the past four years the left brings up Bush.
Funny. Each time we get unfavorable economic reports, the right totally forget about Bush!
Erwin's cat
January 30th, 2013
3:37 pm
without getting heated or personally insulting
I got thick skin…er fur
j/k
I appreciate different POV’s and yours is one of the more thought out and sincere..I appreciate that as well…..now..shut up azzhat!
TaxPayer
January 30th, 2013
3:37 pm
So. Are our resident cons still whining about how terrible their lives are under the oppresive rule of President Obama. Good. FOUR MORE YEARS. Then we’ll elect another Democrat and do it again.
getalife
January 30th, 2013
3:38 pm
del,
No scandals, no endless hearings, no cheating on wife, no collapses and no attacks on the homeland.
Beat that con.
stevie ray
January 30th, 2013
3:38 pm
yuzeyurbrane
January 30th, 2013
3:27 pm
Thats a joke. He used to be an economist..now he is a liberal rube. Libs would do well to read other economists such as steglitz and others for less of a BS pundit.
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:25 pm
Funny. What sense, common or other, was required to say yes to the killing. He didn’t build the retooled network that was trashed by Clinton. Let’s see, he had a choice between drone or actually getting proof we got him….? My 13 year old could make that decision…
Too bad was so quick to rush in front of the mics and spike ball. Been useful to have the data for at least a few days so all the other bad guys weren’t scattered within hours…
Big time decision…any others?
Morality?
January 30th, 2013
3:39 pm
Down In Albany – it’s simple – This massive Fed debt is all part of the SOCIALIST’s left plan to “redistribute” the wealth…….. in fact they have been very good at it – having already “redistributed” $16,000,000,000,000 + . NOW do you understand?
Voter
January 30th, 2013
3:40 pm
And the first words out of Nancy Pelosi and Jay Carney’s mouth is? Blame the GOP.
Oscar
January 30th, 2013
3:41 pm
We don’t have a left that is socialist in this country. No socialist left. No socialist.
Recon 0311 2533
January 30th, 2013
3:41 pm
Funny. Each time we get unfavorable economic reports, the right totally forget about Bush!
Just to bring you up to date Obama is the president and has been for the last four years. In fact he’s beginning a second term as president with continuing abysmal economic conditions.
stevie ray
January 30th, 2013
3:43 pm
The Right Reverend “Bushmeister” Brown — Give me guns or give me death!
January 30th, 2013
3:36 pm
The fun fact is that it is really difficult, if not impossible to credibly trace these economic issues back to any specific thing a president did or didn’t do…BO can’t do much about unemployment any more than Bush….Government can spend and spend but it is difficult to trace that, excepting public works financing) back to real private sector jobs or economic growth…no one know for sure as the disputes continue…
Erwin's cat
January 30th, 2013
3:43 pm
R Kcin – Say your QB throws for 2 TDs an 3 INTs. You’re not comparing him to anyone else. How do you know if that’s normal, good, or bad?
Is he moving the ball?..Is he managing the game?..Is he scoring points?..Is he winning?
what’s the point of …gee, I don’t think Brady would’ve thrown that ball.
or..Vick had more rushing yards…it has nothing to do with the game being played or it’s outcome
rankings are only for the BCS and sports radio jocks
Morality?
January 30th, 2013
3:43 pm
Must go – got an appointment with a civil engineer to design and build a lake on my island. After that will come the generators for electricity…… no environmental extremist pencil pushers around here but I do respect the land.
UNCLE SAMANTHA
January 30th, 2013
3:44 pm
Stevie Ray
January 30th, 2013
3:28 pm
Uh Huh….Bush Outspent Obama 2 to 1
January 30th, 2013
3:23 pm
You think it is easy being master of the obvious?
Seems to me that whether one outspent the other depends on what metric. If it is on new and projected debt, Obama will win…if on actual budget spending…it gets more interesting.
http://factcheck.org/2012/06/obamas-spending-inferno-or-not/
——————————————————————————————————————————————
FACT
DEMOCRATS CONTROLLED THE HOUSE AND SENATE 2007-2010……… THEY WERE THE ONES THAT INCREASED SPENDING TO HUGE LEVELS
Oscar
January 30th, 2013
3:44 pm
No one in this country wants socialism. That’s a GOP con. A con by the cons. So to speak. Meant to spread terror among their core base and encourage support.
St Simons
January 30th, 2013
3:44 pm
All of my proletariat injun joking aside, i’m a capitalist accountant by day.
I’m only a dangerous socialist revolutionary part-time.
Please listen to Paul Krugman. He’s got a Nobel in Economics.
That’s not chopped liver. or con fantasy land. That’s real.
Its easy man. Stevie Wonder could see it.
Buy – (spend, invest, think like the game Monopoly)
Low – (that would be now, lowwww)
Sell – (cut, divest assets, austerity)
High – (NOT now, duh)
see, Little Nero w/a Cowboy Hat got it backwards,
and look at the hole we’re having to dig out of now.
but he was stupid and the worst ever.
stevie ray
January 30th, 2013
3:44 pm
Voter
January 30th, 2013
3:40 pm
Gotta see that argument…
Recon 0311 2533
January 30th, 2013
3:45 pm
getalife, you got one out of five at least as far as we know he hasn’t cheated on Michelle.
That Black Guy
January 30th, 2013
3:46 pm
Regnad Kcin
January 30th, 2013
3:09 pm
“Actually none…I don’t compare RG3 to other QB’s either…we can all stand on our own merits”
Seems to me it’s awfully hard to tell if your QB (or Prez) is doing an adequate job – stats in a vacuum won’t tell you anything, without a baseline of some sort, right?
________________________________________________
Let’s be real Regnad.
If your previous QB was Krap (Bush) and your current QB has you winning (Obama), you know darn well there’s no need for comparasion. You might compare him to your last good/great QB. Or another good/great QB.
This is just another excuse to engage in Bush bashing.
TBS
January 30th, 2013
3:47 pm
“Must go – got an appointment with a civil engineer to design and build a lake on my island. After that will come the generators for electricity…… no environmental extremist pencil pushers around here but I do respect the land.”
Translation: He never misses a Gilligan’s of Fantasy Island rerun
Morality?
January 30th, 2013
3:47 pm
If you truly think there are no SOCIALISTS here (USA) there’s a good chance YOU are one. Or are you that NAIVE?
stevie ray
January 30th, 2013
3:47 pm
UNCLE SAMANTHA
January 30th, 2013
3:44 pm
Agreed…however, despite support the contrary after the fact, Bush is on the hook for the wars…
BO scares me as his advisors and economists turn pundits such as Kquakman, all feel debt service and more debt are not issues to be concerned about. As such we should expect over 20 trillion by 2016 with no material offset in spending that wasn’t already in the numbers..
0311/8541/5811/1811/1801
January 30th, 2013
3:48 pm
The Right Reverend
“Bushmeister” Brown —
Give me guns or give
me death! @ 3:33
Translation:
You are kept by men better than yourself.
rightwingextreme
January 30th, 2013
3:48 pm
Oscar
January 30th, 2013
3:44 pm
No one in this country wants socialism. That’s a GOP con. A con by the cons. So to speak. Meant to spread terror among their core base and encourage support
uhhh…maxine waters wanted to nationalize (socialize) the oil industry. there is a congressional socialist group….the socialist party senator works with the libdims….bammy thinks more governement is the answer to every problem we have…..sounds socialist to me.
indigo
January 30th, 2013
3:49 pm
Morality – 3:39
I’ll keep doing this until you learn what Socialism really is.
http://www.merriam-webster.com/dictionary/socialism
stands for decibels
January 30th, 2013
3:49 pm
back for a quickie:
I can only assume he or she immediately spends every penny of his paycheck when he gets paid
Boy, would you ever be wrong.
but see, I get the difference between my personal financial needs (I sock away every penny I can reasonably manage into retirement and college funds) and the economics of the richest, most powerful nation on earth. Pity more of our elected officials cannot.
stevie ray
January 30th, 2013
3:49 pm
St Simons
January 30th, 2013
3:44 pm
Yeah…lots of Noble winners in economics few of which have decided to become rubes for the DEMS…borrow and spend…no limits.
Heck BO has a Nobel prize but nobody knows exactly why.
Morality?
January 30th, 2013
3:50 pm
Fantasy Island? That would be D.C. “de plane de plane”! Obama is the Captain of FANTASY ISLAND.
skipper
January 30th, 2013
3:51 pm
Economy-schmonomy………my insurance rates are now so high no matter how much I make they’re gonna eat me alive anyway………..
That Black Guy
January 30th, 2013
3:52 pm
indigo
January 30th, 2013
3:20 pm
Christian Conservative – 2:43
It’s funny how cons just won’t admit how wrong they are. When all that pesky information keeps comming out showing just how pathetic and inept G.W. Bush actually was, they simply ignore it or deflect it.
_____________________________________________
Even the ones here and elsewhere who have said multiple times the Bush was not a good president?
Or are you just using a broadbrush.
ken
January 30th, 2013
3:53 pm
Obama; The buck stops over there !
UNCLE SAMANTHA
January 30th, 2013
3:53 pm
STEVIE
no qualms about that bush is on the hook for those wars…………….. both fiscally and politically
BO and the liberals take the JAPANESE view of deficits…………… they understand we are too BIG to collapse like GREECE……….. but we will slowly slide into oblivion……….. JAPAN’s debt to GDP is around 208%………… they had a financial crisis and housing bubble in the 90’s……….. the actions they took have resulted in HIGH DEBT and LOW GROWTH………… and we follow their example………………. we will slide like them but at least we can use population growth to pull out eventually.,,,,,,,,
indigo
January 30th, 2013
3:53 pm
Morality- 3:15
We’re still trying to get over eight years of GW Bush, the worst president in US history.
I, like millions of others, lost my job thanks to his bumbling incompetence.
Morality?
January 30th, 2013
3:53 pm
Indigo – I know already what SOCIALISM is so you can stop “doing this now”.
Regnad Kcin
January 30th, 2013
3:54 pm
“Is he moving the ball?..Is he managing the game?..Is he scoring points?..Is he winning/”
Compared to what?
Seriously, I’m pretty sure we’re arguing semantics, here. If you were the proverbial “alien from outer space,” or somehow had never seen a football game before, then you could say you WERE NOT comparing a QB to others.
However, you seem like a person who has some football knowlege – you can tell when a QB is having a good game, because you’ve SEEN a QB have a good game before, so you know what it looks like. In this situation, I would say that you were comparing the QB to others. I suspect you would not. No matter. I’m sure we’ve both got more important things to do than continue this. Have a good day!
indigo
January 30th, 2013
3:55 pm
That Black Guy – 3:52
Cons here have said Bush was not a very good president?
What have you been smoking?
Thulsa Doom
January 30th, 2013
3:56 pm
the cat
January 30th, 2013
11:19 am
“It is hilarious that Thulsa is suddenly worried about the Muslim wimmenfolk when he is one of the biggest misogynistic men blogging here. And all of you wimmen hating republicans going right along with it.”
I am not misogynistic. Hell ole Doomy appreciates a babe with an ample, bubbleicious booty and bodacious ta ta’s just as much as the next guy does. kd
Elections Have Consequences
January 30th, 2013
3:56 pm
Great. A 4th quarter retraction in what should normally be a robust period for the economy. Add this to the constant stagnant employment and-what? Oh, you mean Wonkblog tells us there no problem and it’s simply an issue of greater government spending? Heck, what didn’t you say so??
Move along please people, nothing to see here…
That Black Guy
January 30th, 2013
3:57 pm
Joe Hussein Mama
January 30th, 2013
3:33 pm
E. Cat — “that was not intended, but I understand how you could get there”
I appreciate your clarification.
I’m not accusing you of anything; I simply said what I thought. FWIW, I think it’s good that we can discuss criticism of each other (including TBG’s questions) without getting heated or personally insulting.
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I agree, JHM. That is one of the things about you that I respect.
Voter
January 30th, 2013
3:57 pm
@Stevie Ray – the argument for the blame that Nancy and Jay said were the 4th quarter “fiscal cliff” that the GOP were dragging their feet.
And Bush may have been President, I wouldn’t say he was on the hook. Everyone wanted someone accountable for 9/11. Stopping Saddam Hussein and Usama Bin Laden were big priority’s.
Erwin's cat
January 30th, 2013
3:58 pm
indigo – I, like millions of others, lost my job thanks to his bumbling incompetence.
so did I…twice, but I never blamed the president (Bush or Obama). If you think Bush single-highhandedly set up the housing bubble and a corrupt banking system…then you’re not being objective
FWIW ..the same company that let me go twice also hired me 3 times
Erwin's cat
January 30th, 2013
4:00 pm
ciao R Kcin…have a good one!
Thulsa Doom
January 30th, 2013
4:01 pm
“R Kcin – Say your QB throws for 2 TDs an 3 INTs. You’re not comparing him to anyone else. How do you know if that’s normal, good, or bad?”
Depends on who he’s playing. If he’s playing the Crimson Tide defense that’s a helluva day even with the 3 picks. If he’s playing any other defense it sucks.
Morality?
January 30th, 2013
4:02 pm
Indigo – you are a sweet person but you have a LOT to learn. This disaster started long before “W” arrived. The Dems & Repubs are PARTY LOYALISTS … they are loyal to their PARTY – not the FISCAL survival and future of the USA. BOTH sides created this disaster. “W” is just the scapegoat. Obama voted for ALL of the deficit building programs – Obama voted for the bank bailout.
Thulsa Doom
January 30th, 2013
4:03 pm
All this talk about QBs. That reminds me.
Respect Saban!
Morality?
January 30th, 2013
4:04 pm
Indigo – HAVE A NICE DAY! (smiley face copyright applied for)
Regnad Kcin
January 30th, 2013
4:08 pm
E. cat – now look what we’ve done – we’ve gone and gotten Mr. Doom started…
That Black Guy
January 30th, 2013
4:08 pm
Oscar
January 30th, 2013
3:44 pm
No one in this country wants socialism. That’s a GOP con. A con by the cons. So to speak. Meant to spread terror among their core base and encourage support.
_________________________________________
Bernie Sanders?
Socialist party of America http://www.sp-usa.org/
Democratic Socialists of America? http://dsausa.org/
Thulsa Doom
January 30th, 2013
4:10 pm
Regnad,
Don’t ya just hate when you inadvertently do that?
Jefferson
January 30th, 2013
4:13 pm
He who cries loudest is the biggest baby.
That Black Guy
January 30th, 2013
4:14 pm
indigo
January 30th, 2013
3:55 pm
That Black Guy – 3:52
Cons here have said Bush was not a very good president?
What have you been smoking?
__________________________
Several have.
And before I stopped self identifying as a “con” I said he wasn’t.
Just because some one is a “con” doesn’t mean they liked or supported Bush.
People do not always fit into those neat little boxes.
Uh Huh....Bush Outspent Obama 2 to 1
January 30th, 2013
4:16 pm
@Morality?
January 30th, 2013
3:53 pm
Indigo – I know already what SOCIALISM is so you can stop “doing this now”.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Let me EDUCATE YOU about socialism.
There are many varieties of socialism and there is no single definition encapsulating all of them.
They differ in the type of social ownership they advocate.
A socialist economic system would consist of a system of production and distribution organized to directly satisfy ECONOMIC DEMANDS and HUMAN NEEDS, so that goods and services would be produced directly for USE instead of for PRIVATE PROFIT driven by the accumulation of capital.
By the late 19th-century, “socialism” had come to signify opposition to capitalism.
KEY WORD HERE IS capitalism: An economic and political system in
which a country’s trade and industry are controlled by PRIVATE OWNERS for PROFIT.
Capitalism…hmmmmm….Remember Mitt Romney?
in for a short g@-@nder
January 30th, 2013
4:16 pm
And?
WASHINGTON (AP) — Consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay.
The Conference Board said Tuesday that its consumer confidence index dropped to 58.6 in January. That’s down from 66.7 in December and the lowest since November 2011.
Thulsa Doom
January 30th, 2013
4:17 pm
And in other news here comes February shortly. Typically the crappiest month of the year in terms of weather and sports. No football, baseball hasn’t started, March madness doesn’t start till well, March. NBA playoffs are still months away. Bo-ring. And in another affront to black America we just had to give Black history month the crappiest month of the year. Sigh.
3d
January 30th, 2013
4:17 pm
Former Democrat. Wrote in Ron Paul.
Everyone’s happy in DC.
They have no clue what really going on in the real world.
First thing to cut are the limo’s and let these idiots take the bus to work.
Oh, just forget it. Country’s too far gone and they have no clue to how it fix it. SAD
in for a short g@-@nder
January 30th, 2013
4:18 pm
On the previous thread?
I didn’t think anything was immune from the FOIA.
Erwin's cat
January 30th, 2013
4:19 pm
Don’t ya just hate when you inadvertently do that?
it has it’s entertainment value