Should Republicans be worried?

Mott the Hoople

Mott the Hoople

Sweet Jane
It appears that Damo's comment about Obama being the most vulnerable incumbant President in a long time was a very erroneous comment. If his approval ratings remain as they are it will be a very long uphill battle for Republicans to defeat him, if they can at all. Though Obama certainly has vulnerabilities, his re-election odds right now look pretty solid to me.

http://news.yahoo.com/s/ap/20110511/ap_on_re_us/us_ap_poll_obama_boost

So far I'm deeply impressed with Obama's competency despite what his detractors, partisan hacks and the "Bush is God" worshipers say.

So far Obama has;

Inherited a staggering mess and a deep hole from his predecessor who is widely regarded by professionals as one of the most inept US Presidents ever. Those included a banking/financial crises that threatened the entire US economy and being over extended in two foreign wars.

He made the tough decisions required to keep the US financial system from utterly collapsing and causing another great depression.

He made the tough decision to provide stimulus spending to help mitigate the great recession he inherited from Bush.

He made the tough decision to bail out GM & Chrysler. US auto production had slipped from a record highs of over 10 million units to 5.5 million. Since the bailout US production reached nearly 8 million last year and is projected to reach 9 million this year. Most of the bail out money has all ready been paid back. That's millions of jobs saved!

He has wound down our involvement in the immoral Iraq war.

He is beginning to wind down the war in Afghanistan.

He implemented meaningful and ground breaking health care reform that will finally begin the process of modernizing our health care system and allow us to catch up with the rest of the industrialized world. Something his predecessor Clinton failed to do.

He pulled the trigger on a mission that finally killed Osama bin Ladin. Something his predecessor Bush failed to do.

Obama has certainly had his flaws and misteps and fair share of mistakes but compared to his immeadiate predecessor it's damned reassuring we have such a competent Chief Executive.
 
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a lot of the dumbass republicans that don't understand trends and capital markets will be in for a huge surprise when indeed the economy kicks ass yet again.
 
It's certainly the only thing Republicans got but consider this. The great recession occured on Bush's watch. Since then, Obama has made the tough and unpopular decisions that were required to resolve the problem. Since then, slowly but surely, the signs of economic recovery are present. As the economy continues to improve so will Obama's approval ratings when considered with all his other accomplishments, the fact that it was Republican leadership responsible for allowing the economy to crash in the first place and the fact that he currently has a 60% approval ratings well it don't look good for his Republican opponent if that trend continues.

Or is it your wish that the economy turns south?
 
Topspin said:
a lot of the dumbass republicans that don't understand trends and capital markets will be in for a huge surprise when indeed the economy kicks ass yet again.
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That or their idiots if they want the economy to crash to improve their odds of capturing the White House.

My main point is this. It was a Republican administration that over extended our nations finances and then was asleep at the wheel when greedy Wall Street Bankers crashed the system. Since then Obama's administration has slowly but surely pulled us out of the deep dark hole that Republicans put us into. So why then should I give any credibility to Republicans, the people who put us into the deep dark hole in the first place?
 
Obama's bin laden bubble will burst faster than most think.

But, as I have said to the economic illiterate from day 1. He slow rolled out the stimulus in part as a design to have the economy humming in 12 vs a fast 09 & 10 and slowing down 12.
 
Topspin said:
Obama's bin laden bubble will burst faster than most think.

But, as I have said to the economic illiterate from day 1. He slow rolled out the stimulus in part as a design to have the economy humming in 12 vs a fast 09 & 10 and slowing down 12.
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That theory doesn't really hold up economically. For it to be valid, the stimulus would have to be comparable to adding water to kooaid - instant results. That ain't the stimulus.
 
Topspin said:
learn some economics
stimulus delayed
= prolonged recovery
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You're way overplaying the impact of the stimulus. The stimulus did basically one thing - stopped the freefall and turned the tide. If the admin tried to "time" spending for some sort of re-election effort, they'd be woefully stupid economically...
 
Onceler said:
Weren't you a poster who was sure the stimulus would send us spiraling into a Depression? I could be wrong...
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No, I said it will delay the recovery, which it has and when we have to pay it back it will hurt worse than it ever helped. Get use to the same unemployment rate Europe always has, or as they like to call it, the new normal. Which I predicted when bailout nation started about 4 years ago.
 
Mott the Hoople said:
It appears that Damo's comment about Obama being the most vulnerable incumbant President in a long time was a very erroneous comment. If his approval ratings remain as they are it will be a very long uphill battle for Republicans to defeat him, if they can at all. Though Obama certainly has vulnerabilities, his re-election odds right now look pretty solid to me.
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So you start ANOTHER thread on this rather than simply continue the conversation on the other thread? Once again, you are wrong.... and I will take your bet.... $100 he doesn't surpass the 7.2% margin of victory he saw in 2008.

So far I'm deeply impressed with Obama's competency despite what his detractors, partisan hacks and the "Bush is God" worshipers say.
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That is nice. The majority of this country is NOT impressed with his job performance on the economy.

So far Obama has;

Inherited a staggering mess and a deep hole from his predecessor who is widely regarded by professionals as one of the most inept US Presidents ever. Those included a banking/financial crises that threatened the entire US economy and being over extended in two foreign wars.
Click to expand...

LMAO.... that banking/financial crisis was a direct result of the bipartisan repeal of Glass Steagall. I know you idiots like to dump all the blame on Bush (and he certainly deserves a chunk of it), but in reality a good portion of the responsibility goes to the President and Congress in 1999. Without that action, the financial crisis would not have happened. As for the two wars, how about the THREE we are now in?

He made the tough decisions required to keep the US financial system from utterly collapsing and causing another great depression.
Click to expand...

Please detail these 'tough decisions' for us. Are you referring to his 'printing money for my favorite voting blocks' strategy'???

He made the tough decision to provide stimulus spending to help mitigate the great recession he inherited from Bush.
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I have never met a politician that found it 'tough' to spend money. But again, do detail what you think was tough for him to do.

He made the tough decision to bail out GM & Chrysler. US auto production had slipped from a record highs of over 10 million units to 5.5 million. Since the bailout US production reached nearly 8 million last year and is projected to reach 9 million this year. Most of the bail out money has all ready been paid back. That's millions of jobs saved!
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LMAO... the auto bailout began under BUSH. Obama extended it and did so in a way that fucked over all shareholders EXCEPT his union buddies. Also, we are not even close to having all the money paid back by Government Motors.

He has wound down our involvement in the immoral Iraq war.
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ROFLMAO.... you mean the war that was ALREADY winding down due to the surge that Obama opposed and the Sunni uprising against Al Queda? Tell us, what did Obama do other than the obvious course of action?

He is beginning to wind down the war in Afghanistan.
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ROFLAMO.... oh please... DO explain how EXPANDING the war in Afghanistan is equivalent to 'beginning to wind down the war'

He implemented meaningful and ground breaking health care reform that will finally begin the process of modernizing our health care system and allow us to catch up with the rest of the industrialized world. Something his predecessor Clinton failed to do.
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This monstrosity was designed to make sure that the bulk of the COSTS did not hit until after 2012. If it was going to be so effective WHY did he push off the bulk of the 'benefits' until AFTER the election of 2012? This monstrosity will do NOTHING to lower costs of health care and will instead simply increase the amount of bureaucracy involved. As for how great it is.... if it is so super special... why is his admin granting so many 'exemptions' to his favorite voting blocks????

He pulled the trigger on a mission that finally killed Osama bin Ladin. Something his predecessor Bush failed to do.
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On this he did exactly what needed to be done and I applaud him for it.

Obama has certainly had his flaws and misteps and fair share of mistakes but compared to his immeadiate predecessor it's damned reassuring we have such a competent Chief Executive.
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Thus far, Obama has proved competent in very little. Our economy is a mess and it is getting worse again with unemployment continuing at rates that are far worse than Obama said would occur with his stimulus package. Fannie and Freddie are hemorrhaging again and foreclosures are expected to continue rising. BAC is also teetering once again. The 'financial reform' did NOTHING to stop the same problems from reoccurring.

Obama is most certainly vulnerable. No way does the 'feel good' poll bumps from Osama carry into 2012 with the economy the way it is.
 
Topspin said:
a lot of the dumbass republicans that don't understand trends and capital markets will be in for a huge surprise when indeed the economy kicks ass yet again.
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LMAO.... apparently there are a lot of dumbass accountants who think they understand what is going on in the economy. Growth is SLOWING, inflation is RISING, foreclosures are RISING, home values are FALLING, unemployment remains HIGH.
 
Obfuscate said:
No, I said it will delay the recovery, which it has and when we have to pay it back it will hurt worse than it ever helped. Get use to the same unemployment rate Europe always has, or as they like to call it, the new normal. Which I predicted when bailout nation started about 4 years ago.
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You were pretty doom & gloom about it.

And I don't know where you picked up economics if you think that we could recover from the kind of crash we had in less than 1-2 years. Certainly, if GM had been allowed to go under as (I think) you were suggesting, that would have delayed the recovery much longer.
 
Obama will trounce the republican douche which ever clown they decide to make the sacraficial lamb.
Republican morons will turn their economics understand on it's head to bash Obama.

Not one of the ass clowns looks as formidable as Bob Dole.
Cain the Pizza clown who lost a senate race in Ga, Really!
 
Onceler said:
You were pretty doom & gloom about it.

And I don't know where you picked up economics if you think that we could recover from the kind of crash we had in less than 1-2 years. Certainly, if GM had been allowed to go under as (I think) you were suggesting, that would have delayed the recovery much longer.
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I still am, unless you don't think a permanent 10% unemployment rate and crushing debt and commodity inflation isn't a bad thing for the future of our economy.

Of course GM should have gone bankrupt, the bond holders become shareholders and the comanies get restructured and/or sold off.

Maybe the banks should not have been left to bankruptcy but just recievership and the Fed could have broken them up to the small and mid size banks and if they needed could have used any bail out funds to go in that direction. Not make too big to fail banks even bigger, the guys who helped take the economy down getting rewarded isn't a good long term policy and only hurts peoples "animal spirits"

Also, I'm not a guy who ever said to do nothing, I supported capital requirements, I supported the growth of M2 when velocity of money slowed drastically, I supported raising the FDIC limits to $250,000. These things did help. The bailouts did not, it was throwing good money at bad money and rewarding incompitence.
 
Superfreak said:
LMAO.... apparently there are a lot of dumbass accountants who think they understand what is going on in the economy. Growth is SLOWING, inflation is RISING, foreclosures are RISING, home values are FALLING, unemployment remains HIGH.
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GDP is positive and will continue to grow
Jobs are now being added at a clip of over 200,000
Economic output is about to surpass it's all time high
 
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