Poll: Obama slipping further on economy
posted at 1:35 pm on July 2, 2009 by Ed Morrissey
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Rasmussen’s new poll, taken before the release of June’s unemployment numbers, shows significant slippage for Barack Obama on the economy, his central issue. Only 42% of American voters give him excellent or good marks on handling the economy, the lowest ratings he has yet received. His personal approval rate has fallen to 53%, and the “passion index” has dropped to -2:
The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 33% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-five percent (35%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -2. This is the third straight day the Approval Index has been below zero (see trends).
A Rasmussen video report notes that 42% now give the President good or excellent marks for handling the economy . That’s his lowest rating to date …
Overall, 53% of voters say they at least somewhat approve of the President’s performance so far. Forty-six percent (46%) disapprove.
Obama has hit a new high among those rating him fair or poor on the economy at 56%. Just a week ago, 47% approved of his economic policies, as opposed to 50% disapproval, a margin of 3% — a statistical dead heat. Obama had been seen more favorable than not on the economy as late as the second week of May, when he held a 51%-48% advantage.
The demographics of his decline portend more bad news for Obama and his Democratic allies in Congress. Only the youngest voters support him on fiscal policy, and only barely, 52%-46%. Every other age demographic above 30 years of age has majorities now showing disapproval. Independents have begun to run away in massive numbers; they now oppose him 75%-23%, a huge break away from Obama and a sign that his supposed moderate stances have been exposed as shams. Every income level except the lowest also has majorities disapproving of his handling of the economy. Voters outside the “political class” oppose Obama 65%-33%.
Obama doesn’t fare well on national security, either. Rasmussen reports that Obama only has 44% approval on these issues, and 55% opposing him. Majorities of both women and men view him disfavorably. Every income level has majorities opposed to Obama, and independents disapprove 68%-31%. Obama only wins within the $60K-$75K income level; even his base of support among the lowest income earners narrowly reject Obama’s national-security policies, 52%-47%.
Obama isn’t just coming back to Earth in the polling. He’s losing independents and demonstrating his radical bent on policy, and more and more Americans have begun to see it.
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Conservatism, when articulated properly, always works.
myrenovations on July 2, 2009 at 2:09 PM
Well look at the bright side… At least Hollywood will not have to go to India to do the sequel for Slumdog Millionaire!!
Dire Straits on July 2, 2009 at 2:09 PM
I don’t see how the stimulus is making anyone feel comfortable. It hasn’t saved or created jack squat.
People were comfortable in 2004 because unemployment was around 5%, taxes were lower for everyone compared to 4 years earlier(not just for the “rich”), we hadn’t been attacked in over 3 years, and gas prices were low.
Somehow I don’t see 2012 looking quite the same.
Doughboy on July 2, 2009 at 2:09 PM
Is there enough ice-cream in the whole world?
Sapwolf on July 2, 2009 at 2:10 PM
Senator Franken, the straw that boke the Demo Party’s back.
bloggless on July 2, 2009 at 2:10 PM
Tru dat. Gubmint cheese.
HornetSting on July 2, 2009 at 2:10 PM
If he would just intitute new austerity measures for Bo at an ABC infomerical, he could gain 5% back.
Put Bo on kibble only and get a lot of good video.
Sapwolf on July 2, 2009 at 2:11 PM
That was the claim, but TARP wsan’t close to big enough to handle that problem, from the beginning … so they didn’t even try. Instead, the Federal Reserve just took a couple of trillion of sh!t collateral for cash and is trying to hide it away for a while.
Meanwhile, TARP morphed into a permanent slush fund for the Sec of Treasury to have fun with.
But none of this compares to The Precedent’s administration now trying to sell the idea that the purpose of government (the federal government, specifically) is to provide competition in the private markets (a la the public health insurance plan). This is a really new one. I’m not sure how anyone explains it with a straight face.
progressoverpeace on July 2, 2009 at 2:11 PM
Misery index – era by U.S president
Index = Unemployment rate + Inflation rate Rank President Time Period Index Average Low High
5 Harry Truman 1948–1952 7.88 Dec 1952 = 3.45 Jan 1948 = 13.63
1 Dwight D. Eisenhower 1953–1960 6.26 Jul 1953 = 2.97 Apr 1958 = 10.98
3 John F. Kennedy 1961–1962 7.14 Jul 1962 = 6.40 Jul 1961 = 8.38
2 Lyndon B. Johnson 1963–1968 6.77 Nov 1965 = 5.70 Jul 1968 = 8.19
7 Richard Nixon 1969–1973 10.57 Jan 1968 = 7.80 Dec 1973 = 13.61
10 Gerald Ford 1974–1976 14.93 Dec 1976 = 12.66 Jan 1975 = 19.90
11 Jimmy Carter 1977–1980 20.27 Apr 1978 = 12.60 Jun 1980 = 21.98
9 Ronald Reagan 1981–1988 11.19 Dec 1986 = 7.70 Sep 1981 = 19.33
8 George H. W. Bush 1989–1992 9.68 Sep 1989 = 9.64 Nov 1990 = 12.47
4 Bill Clinton 1993–2000 8.80 Apr 1998 = 5.74 Jan 1993 = 10.56
6 George W. Bush 2001 – 2008 8.10 Oct 2006 = 5.71 Aug 2008 = 11.47
fourdeucer on July 2, 2009 at 2:12 PM
ahem. not all of us struggling single moms are brain-dead. I may have a screw loose here and there, but definitely not brain-dead.
Miss Molly on July 2, 2009 at 2:12 PM
I don’t see 2012 looking the same for those of us that still provide for ourselves… I think you are going to see a lot of people dependent on the system – Obamacare, Unemployment, &c.
How did FDR keep succeeding? His policies were whack, yet Teh Payple loved him…
Let’s put it this way, ACORN and her beneficiaries are comfortable.
Upstater85 on July 2, 2009 at 2:12 PM
I’ll tell you where I’d like to put that demorat camel.
HornetSting on July 2, 2009 at 2:12 PM
But the real Stimulus doesn’t kick in until right around the 2010 and 2012 elections. Things will be artificially sweetened for the re-election bids.
We need to work now to undermine the false sense of economic security that the Stimulus is meant to create.
myrenovations on July 2, 2009 at 2:12 PM
If the economy resembles 2004’s I will vote for him. Of course that would mean all my presumptions on economics are dead wrong.
If Rasmussen is right and he has lost that much Independent support, he’s not getting re-elected.
msmveritas on July 2, 2009 at 2:13 PM
I have this sinking feeling that people will just keep voting democrat in 2010 and 2012 because they’re fed so much anti-gop and bush propaganda…. you wouldnt believe the pure evil that my “conservative” dem friends ascribe to the gop.
what happens if we have like 16% unemployment and the dems still gain seats? could that actually happen?
i know most people are rational, but is it actually possible that millions more will lose their jobs but still vote D because the gop is “evil”?
or is there a tipping point of a great depression when people change their tune?
battleoflepanto1571 on July 2, 2009 at 2:13 PM
Another Trollless thread.
Never do they even talk about Obama here on HotAir because nothing he has done since Jan. is defensible.
Nothing.
Sapwolf on July 2, 2009 at 2:14 PM
Get this narrative on the national radar and keep it there until 2012:
“Barack Obama is loved by Americans far and wide, but they have come to understand he just isn’t what the country needs during these consequential times.”
Election day 2012:
Obama’s popularity = 90%
Obama loses the vote by a landslide.
Perfectly consistent.
jeff_from_mpls on July 2, 2009 at 2:14 PM
To finish up the story: so now we have the PPIP to take care of the toxic assets, but the government had problems finding private partners after they sent their ACORN/SEIU goons to the AIG houses to threaten their families and the pitchfork talk and all of the other intimidation tactics that The Precedent likes to use, in lieu of an actual brain and ideas.
progressoverpeace on July 2, 2009 at 2:14 PM
I’m not that concerned about the stimulus “kicking in”. I mean, they may be able to lie and make up numbers, but these idiots couldn’t stimulate a Sanford in Argentina with three Maria Belen Chapurs.
LibTired on July 2, 2009 at 2:16 PM
I think the claim that anyone didn’t know he was a radical leftist is preposterous. Everyone knew.
JohnJ on July 2, 2009 at 2:17 PM
PHOOK independents. They are the ones that voted for this fascist. Well now 70%+ don’t like the fact he’s destroying the economy? Well boo hoo Indies. Next time thing before you vote huh?
angryed on July 2, 2009 at 2:17 PM
Obama was asked in 2 different debates what he was going to do differently, given the economic forecast…which obviously turned dark and gloomy in the campaign. I was struck by his adamant answer: Nothing.
Well, now we know. He’s going to “pretend” to pass his agenda. I’m actually not as concerned about cap-and-trade, because I think it’s going to be just another metric established. They will confuse voters even more by throwing another “system” into the mix. Voters will have to remain sharp to see where the next hit is coming from on their pocketbooks.
He pretended to offer mortgage bailout help to people. Now, the results are in, and I had several friends with good credit and a VA loan who attempted to get a refi….they aren’t even answering the phone. It was a complete sham.
He pretended the stimulus was about jobs. It wasn’t. It WAS the State bailout. It probably helped in that regard to soften the blow, but it certainly won’t turn the wolf away from the door of big metro-blue states, where the lion’s share of welfare benefits are doled out.
He pretends now to support healthcare reform and pretended to be against lobbyists. They are, in Hillary’s words in one debate, nibbling him to death. They will win. He’s not even pretending to try on this one. We’ll not get relief.
He is a union guy. Nobody particularly wanted that. The SEIU didn’t even deliver Nevada to him in the primary. BUT…logic did not prevail. Apparently, Mich won. The GM bailout made NO sense to anyone but that union.
His numbers will, of course, fall. He has made a classic mistake. He thought everyone was buying him so deeply that they would continue to discount his actions. Of course, not. Voters are not stupid. Neither are some of you right who blow off people and call them stupid.
Voters are pretty darn commonsense, in the aggregate. They have figured him out. He’ll bump along in the 50s pretty soon.
What many conservatives may hate to hear? That’s good enough.
AnninCA on July 2, 2009 at 2:17 PM
Time for more of those pictures of Obammy’s man-boobs glistening under the Hawaii sun.
And more puppies.
guntotinglibertarian on July 2, 2009 at 2:18 PM
Isn’t that redundant? ;-)
Doughboy on July 2, 2009 at 2:19 PM
I’d prefer to see the one of him and Geithner snorting coke off of Joe Biden’s wrinkly white arse.
Upstater85 on July 2, 2009 at 2:19 PM
My idiot mother is one of them. Now, she is literally in tears as she wakes up to the reality.
So, I sez to her, “Well, why didn’t you see him for what he was? It was so frickin obvious.”
And she replies, “(Stutter, stutter, tearing-up) Because I just…just…HATED that Sarah Palin!”
And she’s allowed to vote every cycle, folks.
guntotinglibertarian on July 2, 2009 at 2:20 PM
LIAR!!
Everyone knows Bush led us to the worst economic conditions ever. And everyone also knows that Clinton’s economy was the bestest ever.
angryed on July 2, 2009 at 2:21 PM
I don’t know if that result is representative of the MBS on the books of all the big banks. My brother-in-law is a bank analyst for a hedge fund. His believes 30% of par is a close estimate. In other words, he believes most of the banks MBS are overstated by 70%.
As for the purpose of TARP…I believe it was to prop up certain entities. It wasn’t designed to actually fix anything. It was a taxpayer looting operating, pure and simple. Right now there should be a massive criminal investigation of Goldman Sachs, Paulson, Bernanke, Ken Lewis, Citibank, etc. We’ve been scammed!
flyfisher on July 2, 2009 at 2:21 PM
Right now? People are in such flux, I think. It makes it hard to weight things.
AnninCA on July 2, 2009 at 1:47 PM
Why do you think Quinn and CBS/NYT consistently “weigh” polls that skew left?
Consistently.
Agenda polling.
Quinnipiac is not a reputable polling outfit. They are within a university too.
Imagine that!
artist on July 2, 2009 at 2:23 PM
The ARMS, dammit, bring out the ARMS!!!!!!!
http://www.fungkeblakchik.com/wp-content/uploads/post_1492157_1235762315_med.jpg
bloggless on July 2, 2009 at 2:23 PM
Maybe it’s time for an Obammy “I feel your pain” moment.
guntotinglibertarian on July 2, 2009 at 2:23 PM
He already IS in the 50s. Been there for a while now. (unless you are going off ’sampling adjusted’ polls like the CBS/NYT that does a D+17 ‘adjustment’ to most sample populations)
battleoflepanto1571 on July 2, 2009 at 2:23 PM
Independents disapprove of Obama’s handling of the economy by 25% to 75%? Time for the Republicans to put a fiscally responsible plan together, and use those Independent votes to retake the House!
Steve Z on July 2, 2009 at 2:24 PM
There will always be a segment of the population that votes Democrat. Just like there will always be Cubs fans even though they haven’t won a World Series in over a century.
But if unemployment is in double figures in 2010 and/or 2012, the Dems will suffer at the polls. They control Congress and the White House with a filibuster-proof majority in the Senate. Even MSNBC can’t make a convincing argument that it’s anyone else’s fault(although they’ll certainly try).
Doughboy on July 2, 2009 at 2:24 PM
Uh… you guys must be thinking on the save wavelength.
Upstater85 on July 2, 2009 at 2:25 PM
Why? I so don’t get it. And I’m pretty darn liberal. My SUPER liberal son figured out why I liked her. He still wants abortion to define women’s issues, but I blow him off about that and just remind him….he can deal with that, since it’s now his generational issue. I’m done with that one.
AnninCA on July 2, 2009 at 2:25 PM
“I have this sinking feeling that people will just keep voting democrat in 2010 and 2012 because they’re fed so much anti-gop and bush propaganda…. you wouldnt believe the pure evil that my “conservative” dem friends ascribe to the gop.
what happens if we have like 16% unemployment and the dems still gain seats? could that actually happen?
i know most people are rational, but is it actually possible that millions more will lose their jobs but still vote D because the gop is “evil”?
or is there a tipping point of a great depression when people change their tune?
battleoflepanto1571 on July 2, 2009 at 2:13 PM”
Battle, the stupidity of liberals is boundless. We could have 50% unemployment in 2012 and they would still be blaming bush for the economy. People forget, or are just too dumb to know, that the President can’t spend a nickel without Congressional approval. The Democraps have controlled Congress since ‘06.
Watching Democrats trying to run the country is like watching a two-year old trying in vain to assemble a puzzle or figure out how to work a toy. Sooner or later, an adult (conservative has to step in with a solution. It’s always been that way and will always be that way. Sooner or later the idiots who keep electing Pelosi, Reid, Obama, Shumer, Frank (I could go on forever) will vote for conservatives to fix what the Democraps have destroyed.
I just hope that there’s something resembling America when they get their heads out of their collective arses!
orlandocajun on July 2, 2009 at 2:26 PM
Don’t think that’s what he meant.
Lanceman on July 2, 2009 at 2:27 PM
If that happens, then secession goes from talk to action in the states that are still viable, like Texas and Oklahoma (I know there are a few more, just not sure which ones they are).
califcon on July 2, 2009 at 2:28 PM
But if unemployment is in double figures in 2010 and/or 2012, the Dems will suffer at the polls. They control Congress and the White House with a filibuster-proof majority in the Senate. Even MSNBC can’t make a convincing argument that it’s anyone else’s fault(although they’ll certainly try).
Doughboy on July 2, 2009 at 2:24 PM
that is assuming the GOP has enough balls to tag the dems with the results of the dems polciies.
unseen on July 2, 2009 at 2:28 PM
If Toxic Assets Death Rattle is correct, and it is, PPIP is a bust. I’m sure you know this.
From Karl Denninger’s post:
flyfisher on July 2, 2009 at 2:28 PM
The stay-at-homes from last November say the same.
Vashta.Nerada on July 2, 2009 at 2:28 PM
8 of them didn’t even have the Thatchers to vote against Cap and Enslavement…
Upstater85 on July 2, 2009 at 2:29 PM
Just remember the name: Toxic Asset Relief Program
Paulson sold it as a fund to buy the toxic assets from the banks. He talked about using market mechanisms for price discovery and a bunch of other junk, but his main point was to go buy the assets, directly. It was all a bad joke, but that’s what they said.
Then he changed his mind when he realized he could do anything he wanted with the cash.
I agree with all of your other points.
progressoverpeace on July 2, 2009 at 2:29 PM
Because she only reads Newsweek and watches broadcast. She was easily convinced that Palin was a raving EVANGELICAL!!!!
And my mom is one of those weak-minded feminists for whom only abortion is an article of religous faith.
I don’t have the heart to point out to her that abortion is a rather peripheral issue for an 85-year-old woman.
guntotinglibertarian on July 2, 2009 at 2:29 PM
Maybe you could point out to your mother that Palin wasn’t running for Supreme Court Justice or Congress…
Upstater85 on July 2, 2009 at 2:31 PM
Don’t be so sure of that. During the depression Dems kept control even as it was obvious to anyone with a brain that the New Deal policies weren’t working. Never underestimate the stupidity of the American voter. I wouldn’t be surprised if in 2010 the Dems get 65 seats in the senate and 300 Reps in the house.
angryed on July 2, 2009 at 2:31 PM
I have believed he was out to destroy us from the get go. At this point I can’t bear to hear or see the guy or the wife on t.v. We Americans had better get more educated and serious about politics, if we survive this demon, so this never happens again.
UnEasyRider on July 2, 2009 at 2:33 PM
Yep. But I think (I’m not sure) they are trying to pull some new shenanigans with PPIP. There was some announcement about GE and some other big firms participating and I believe the strategy was to sweeten the pot so much for the private firms as to have them assuming no risk and just signing up for the ride, all with public funds. I haven’t had the strength to look into it. I shudder to think at what they are trying to do, now.
progressoverpeace on July 2, 2009 at 2:34 PM
I see you’re off your nationalized healthcare kick and now telling us that crap and trade is no biggie.
You’re truly clueless and a crappy troll.
Knucklehead on July 2, 2009 at 2:35 PM
FTFY.
spmat on July 2, 2009 at 2:35 PM
I agree that’s how he sold TARP. I have grown so cynical that I question whether he ever intended to buy toxic assets. Someone(s) pulled hundreds of billions of cash out of the system, causing a liquidity crisis. That was then used to scare CONgress into doing whatever Paulson wanted to prevent a crash. I believe the whole crisis last fall was total manipulation to get that bill passed. Despite said manipulation, it is true the banks are sitting on billions of bad paper and they are in trouble. I believenow there has been collusion and gaming of the system at the highest levels of Wall Street, the FED, the White House, and in CONgress which prevented them from recognzing their losses and going under.
flyfisher on July 2, 2009 at 2:36 PM
Much better.
myrenovations on July 2, 2009 at 2:36 PM
We live in a very different world. We have an instant gratification mentality. There’s no way Obama and the Dems will be given as much leeway as FDR got.
Besides, FDR never attempted something like nationalized healthcare or crap-and-betrayed.
Doughboy on July 2, 2009 at 2:36 PM
I hear you!
flyfisher on July 2, 2009 at 2:36 PM
It’s a mess , they think they can re inflate the bubble with PPIP.
the_nile on July 2, 2009 at 2:36 PM
RCP 23.3, his ups keep going down and his downs keep going up.
29Victor on July 2, 2009 at 2:37 PM
I just had this really perverse thought: would the election have turned out differently if Palin had, um, you know, like….not gone to term with Trig?
Just sayin..
guntotinglibertarian on July 2, 2009 at 2:37 PM
Really? Hmmm… He gave us the first version. Social Security…
Upstater85 on July 2, 2009 at 2:38 PM
That’s because CrapNTrade will be exactly like AnninCA’s current gas and electric bills.
Although, this time, when she claims it, it will be true.
myrenovations on July 2, 2009 at 2:38 PM
I wonder where Obammy’s poll numbers stand with Chinese central bankers?
Those are the numbers that really count.
guntotinglibertarian on July 2, 2009 at 2:38 PM
Turn on the boob tube. The Precedent is spinning the numbers as I type. He just blamed Bush again.
Knucklehead on July 2, 2009 at 2:39 PM
As well as the very first president to pay farmers not to grow things.
myrenovations on July 2, 2009 at 2:39 PM
Sadly, you could be right.
Look what happened in Gillibrand’s district’s special election.
Lanceman on July 2, 2009 at 2:39 PM
I don’t see how. The Sullivinites would have just insisted that Bristol’s child was actually Palin’s… Oh wait…
No, Trig was just the tip of the iceberg… Honestly, trig probably gave Palin more traction among the base.
Upstater85 on July 2, 2009 at 2:39 PM
Well that’s true, but even that took nearly a century to go bankrupt. Obamacare will manage that feat in much less time.
Doughboy on July 2, 2009 at 2:40 PM
Ah yes… and now look at how this has shaped our society…
Upstater85 on July 2, 2009 at 2:40 PM
Too late for spin. We need more of his gleaming man boobs and Michelle’s exquisite guns.
And puppies. More puppies.
guntotinglibertarian on July 2, 2009 at 2:40 PM
Oy. All of those traitors standing behind him need to be held to account when this junta is taken down.
progressoverpeace on July 2, 2009 at 2:41 PM
Well, in all fairness to FDR, Social Security going bankrupt will probably speed up the Demise of The Great Society and the New-new Deal…
Upstater85 on July 2, 2009 at 2:41 PM
One term Barry, I wonder if he will be as bad as Carter?
Bill C on July 2, 2009 at 2:42 PM
man-boobs = moobs… It is catchy.
Upstater85 on July 2, 2009 at 2:42 PM
The base was hers from day one, Trig or no Trig.
But the independents…they’re really natural Dems who just like to pride themselves on being cantankerous. A nice, simple abortion would have warmed their cockles, I tell ye.
guntotinglibertarian on July 2, 2009 at 2:43 PM
And, most striking and anti-American of all, they are trying to sell Obamacare as some sort of fundtion of the federal government to provide competition in private markets. This is just unvarnished insanity. I can’t believe that people aren’t taking them apart on this unbelievable talking point. It is INSANE!
progressoverpeace on July 2, 2009 at 2:43 PM
It wouldn’t have been enough to swing them. Just as you point out that the base was hers from Day 1, the opposition was against her from day 1.
Upstater85 on July 2, 2009 at 2:43 PM
Er .. “fundtion” is supposed to be “function”
progressoverpeace on July 2, 2009 at 2:44 PM
Knucklehead on July 2, 2009 at 2:39 PM
Obama has done more to elevate b.s. to an art form than P.T. Barnum did. He is trying to push clean energ as a way to bring the economy back.
kingsjester on July 2, 2009 at 2:44 PM
This is a reference to what I was talking about. According to Congressman Kanjorski, we had an electronic run on our banks when $550 BILLION was pulled from our system in a matter of hours. Who did that and why? And why has no one investigated it? No one can convince me there hasn’t been massive manipulation going on.
flyfisher on July 2, 2009 at 2:45 PM
Even Obama’s base know he’s lying… They just want GreenLand soooo bad
Upstater85 on July 2, 2009 at 2:45 PM
They’re actually trying to push Crap&Trade as a “Jobs Bill”!! Unreal.
progressoverpeace on July 2, 2009 at 2:46 PM
Guess I’m part of the 46%
FontanaConservative on July 2, 2009 at 2:46 PM
OMG are you listening to this? He says Crap and Trade will fix the mess and small businesses will thrive.
And 20 minutes before the Precedent spoke, someone else was on Fox saying 98% of small businesses have received zip, zero, nada from the stimulus.
Unreal, the Liar in Chief.
Knucklehead on July 2, 2009 at 2:47 PM
What was Lincoln said? Oh yeah. You can all of the people some of the time and some of the people all of the time, but you can’t fool all of the people all of the time.
I think Obama is going to find that out, along with Pelosi and Reid. Their little Obamabots might not remember that things in the economy were a lot better back in 2006 before the Democrats lied their way into power, but the rest of America just might.
Yep, I can remember Nancy Pelosi promising to get the price of gas down from the high price of $2.25 a gallon. Three years later $2.25 looks pretty damn good.
As for national security, sucking up to Chavez while he abandoned the people of Iran is such an obvious misstep that it is hard to ignore.
Terrye on July 2, 2009 at 2:47 PM
I was with you. I don’t know why we still have no information about that. It is beyond strange. Sort of like those “fake half-billion dollar bearer bonds”.
progressoverpeace on July 2, 2009 at 2:47 PM
Got it. My son is puzzled by my attitude. I just pull out the “mean card.”
Sorry, but this is no longer in my self-interest. *haha
I’m done with that limited box. I’m now watching after my portfolio! :)
AnninCA on July 2, 2009 at 2:47 PM
AnninCA you really need to learn something about economics if you’re going to get involved in these discussions. Yes, another metric is established: one with double-digit unemployment, slow growth, and a lower GDP. Happy now?
PackerBronco on July 2, 2009 at 2:48 PM
That should be you can fool all of the people…
I am too lazy to use preview and it shows.
Terrye on July 2, 2009 at 2:48 PM
Obama really knows how to get the Tea Baggers out in force ;)
Upstater85 on July 2, 2009 at 2:48 PM
Then in exchange, get rid of all affirmative action programs.
Lady Heather on July 2, 2009 at 2:48 PM
Gotta step out… you know, get some custard…
Upstater85 on July 2, 2009 at 2:49 PM
They are disappointed, and I’ve exercised great restraint in this regard.
I’ve not yet once posted: Told you so.
These are young and idealistic voters. It’s harsh enough to watch them fall to earth. I still think it was pretty cool that he got them involved.
They’ll mellow out.
AnninCA on July 2, 2009 at 2:49 PM
You’re terribly misinformed on this. Let me help you out. Look at the word, “cap” and think about the idea of growth.
Meditate on that for a while.
progressoverpeace on July 2, 2009 at 2:49 PM
Yeahhhhh. That’ll happen.
Lanceman on July 2, 2009 at 2:50 PM
If Green jobs were good jobs, then you wouldn’t need the federal government to stimulate the industry. Private capital would be pouring in.
PackerBronco on July 2, 2009 at 2:50 PM
Something isn’t right about the bearer bonds story. I don’t think we will ever know the truth. You will never get me to believe the mafia tried to counterfeit $134 billion in bearer bonds. The numbers are just too big. They aren’t dumb enough to believe they could cash bonds of that size when only countries and central banks play at that level.
flyfisher on July 2, 2009 at 2:51 PM
Don’t apologize. Preview is for pussies, the same as those who do crosswords in pencil :)
progressoverpeace on July 2, 2009 at 2:51 PM
I love the smell of Keynesian Epic Fail
bluelightbrigade on July 2, 2009 at 2:52 PM
Ann:
Cap and trade has far reaching effects. Here in Indiana they are telling us to expect higher unemployment and much higher light bills if it passes. That would really screw us up. And for what?
I heard Nina Easton say the other day that the bill creates trading for emission rates. And what is more that trading will take place on Wall Street. So, after all the trashing of traders by this administration they want to hand them something like this?
I am sorry, but I think it will be the next big boondoggle, the next thing that blows up in all our faces and costs the economy billions of dollars in waste and fraud.
Terrye on July 2, 2009 at 2:52 PM
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