Apply Now!

So it starts ...

greg334

greg334

Veteran Expediter
It took Carter 3 years to get this, but Obama has done it in 18 months and no less the New York Times and a very liberal guy.

Wrong Track Distress by Bob Herbert, NYT Op-Ed

It’s getting harder and harder for most Americans, looking honestly at the state of the nation, to see the glass as half full. And that’s why the public opinion polls contain nothing but bad news for Barack Obama and the Democrats.

The oil gushing into the Gulf of Mexico, the war in Afghanistan and, above all, the continuing epidemic of joblessness have pushed the nation into a funk. All the crowing in the world about the administration’s legislative accomplishments — last year’s stimulus package, this year’s health care reform, etc. — is not enough to lift the gloom.



Mr. Obama and the Democrats have wasted the once-in-a-lifetime opportunity handed to them in the 2008 election. They did not focus on jobs, jobs, jobs as their primary mission, and they did not call on Americans to join in a bold national effort (which would have required a great deal of shared sacrifice) to solve a wide range of very serious problems, from our over-reliance on fossil fuels to the sorry state of public education to the need to rebuild the nation’s rotting infrastructure.



All of that could have been pulled together under the umbrella of job creation — short-term and long-term. In the immediate aftermath of Mr. Obama’s historic victory, and with the trauma of the economic collapse still upon us, it would have been very difficult for Republicans on Capitol Hill to stand in the way of a rebuild-America campaign aimed at putting millions of men and women back to work.



Mr. Obama had campaigned on the mantra of change, and that would have been the kind of change that working people could have gotten behind. But it never happened. Job creation was the trump card in the hand held by Mr. Obama and the Democrats, but they never played it. And now we’re paying a fearful price.



Fifteen million Americans are unemployed, according to the official count, which wildly understates the reality. Assuming no future economic setbacks and job creation at a rate of 200,000 or so a month, it would take more than a decade to get us back to where we were when the Great Recession began in December 2007. But we’re nowhere near that kind of sustained job growth. Last month, a measly 41,000 private-sector jobs were created.


We are in deep, deep gumbo.



Read on
Click to expand...
 
chefdennis

chefdennis

Veteran Expediter
He inherited it....it's Bush's fault.....just ask him and his minions..oh and his falling number of supporters....:rolleyes:
 
greg334

greg334

Veteran Expediter
That was pointed out this morning but someone from the times who is defending the op-ed pointed out that they knew going into the election what the economy was all about and ran on the 'hope' that the lightning fast push of the stimulus would leave "the economy spinning in a positive way in the wake of the speed it was passed".

I think the NYT's is Obama's Cronkite.
 
chefdennis

chefdennis

Veteran Expediter
greg334

greg334

Veteran Expediter
Well it is kind of amazing that this president outdid carter by 18 months. He has a lot of things he wants to get done but for someone who has a majority in congress, he has passed only a few of the large things, hardly the small things and is a long way away from the goals he has set.

I don't think we will see immigration reform happen, I think it is dead within congress, and this wall street reform may also be dead thanks to a dead byrd or at least have problems passing in the senate.

With 2010 elections looming, we may see the blame game stepped up and a dire warning that we can't return to the old ways but have to deal with the new ways of change that has to happen.

Also one thing people in the press are now mentioning, 2011 may be worst than 2009. I read somewhere that the indicators of flushing inventory is starting to beat the taxes of 2011, may be we will see all kinds of bargains soon and more incentives to buy. The auto industry itself is silently gearing up for it, the housing sector is slumping again and we may see fuel prices rise again all the while our president needs to take golf trips to relax.
 
chefdennis

chefdennis

Veteran Expediter
you are right 2011 is setting up to be real for barry and his economy..with tax cuts expiring, those "that have" are now moving to take advantage where they can and that will build up this yr, but next yr they will quit spendingg big time...the auto industry will fall again and as the EU falls further...our economy goes to hell in a hand basket...taxes will go up and the unemployment go up...and barry fails..... i am beginning to think he doesn't even run in 2012 because the mess wii all be on him before then and he couldn't handle gettng beat....
 
F

FIS53

Veteran Expediter
The lack of job creation (of which the infrastructure money was supposed to do) is not only a problem for helping out the people pull out of the recession but it would also help out the feds and states with increased revenue (taxes). The purchases would help businesses and of course the housing situation would recover sooner.

But that part seems to be lost on the feds at the moment. People need jobs to contribute not only in taxes but also to re-election campaigns.
Rob
 
You must log in or register to reply here.
Top