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2012-01-27 -Election 2012

If Obean loses it will be because of this chart

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Posted by gorb 2012-01-27 09:05|| || Front Page|| [11124 views ] Top

#1 Drudge has 1.7%. And now the UR is targeting the lumber industry?

Posted by Angeating Angerens8085 2012-01-27 10:56|| 2012-01-27 10:56|| Front Page Top

#2 To be fair to Zero, the previous "recoveries" where mostly credit expansion driven.

Since the more income and sales taxes have been added the more debt is needed to patch-up money velocity.

Posted by Bright Pebbles 2012-01-27 12:29|| 2012-01-27 12:29|| Front Page Top

#3 My friend, who majored in business/accounting, is found of stating that in a choice between good news, bad news, and uncertainty, uncertainty is by far the worse. Businesses can deal with bad news. They can shut down factories and shift money into raising stars.

But when faced with uncertainty, business leaders become paralyzed. I heard the CEO of ~~Government Motors~~ GM on CSPAN recently and in answering a question about a closed plant he said that if he knew how many units he could sell next year, he would know how many plants that he could bring back on line. But he is uncertain so he is looking at how to make a profit at the minimum number of units.

A change in the White House could lead to a president who sets a clear course for the nations economy. Reducing uncertainty will be job one.

Posted by Mike Ramsey 2012-01-27 12:46|| 2012-01-27 12:46|| Front Page Top

#4 Yup, uncertainty. Add in the uncertainty on environmental regulation, energy regulation, health care costs and labor regulation and you have a perfect storm that locks business down.

Which I think is precisely the intent.

Posted by Steve White 2012-01-27 14:00|| 2012-01-27 14:00|| Front Page Top

#5 I'm no fan of Obama, but you can't blame him for the state/pace of the recovery. Our economy had and has deep structural issues that could not be rectified to the satisfaction of the electorate in 4 years no matter who was at the helm.

Posted by Slats Elmoluter8657 2012-01-27 14:18|| 2012-01-27 14:18|| Front Page Top

#6 Our economy had and has deep structural issues that could not be rectified to the satisfaction of the electorate in 4 years no matter who was at the helm.
True for the last 4 years & will be true for the next four. Mitch Daniels is still right: Obama has done nothing to improve the situation and has done many things to worsen the situation. In addition, it does matter who presides.

Posted by Anguper Hupomosing9418 2012-01-27 14:32|| 2012-01-27 14:32|| Front Page Top

#7 you can't blame him (Obama) for the state/pace of the recovery.
Yes, you can. As stated by Dr. White, it is the uncertainty that is preventing any economic recovery, and a great deal of the uncertainty IS Obama's responsibility.

Posted by Glenmore 2012-01-27 18:08|| 2012-01-27 18:08|| Front Page Top

#8 Agreed, Glenmore. Pre-existing structural problems cannot be laid at BHO's feet. But the broader "policy of uncertainty" since 2009 has definitely stifled nearly every avenue to begin climbing out.

Steve White: IMHO, it gives BHO and Congressional Dems far too much credit to say their intent is to lock down business. Rather, I think it is just the "unintended, unexpected, unforeseen" natural consequence of their ignorant, misguided, magical thinking.

Posted by RandomJD 2012-01-27 19:36|| 2012-01-27 19:36|| Front Page Top

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