Ian wrote:Coito - Even if we were to subscribe to everything you're saying about the true unemployment rate (and that's asking a lot),
No, it isn't asking a lot, actually. Just check out the U-6 unemployment rate --
http://www.cnbc.com/id/48468748/Real_Un ... re_Jobless
And, Ezra Klein's article in WaPo makes the point about it being really 11% if the workforce participation rate had not declined:
http://www.washingtonpost.com/blogs/ezr ... _blog.html
Ian wrote:
aren't indications of long-term unemployed people increasingly re-entering the workforce actually a good sign? Yes, it means the unemployment rate percentage won't go down as fast as anyone would like, but it also means the recovery is actually even better than it seems on the surface. I think there's been a lot of denial as to how severe the recession really was, and a lot of this denial has been on the right, since Democratic leaders and policies could hardly be blamed for causing the problem in the first place.
It's not about blame. It's about solving the problem. In 1980, inflation reached up to 13.5%! In 1980, the prime rate was 20% (it was 3.35% in 2009). Reagan inherited a recession that had unemployment already at like 9%-10% along with that. It was the trifecta of shitty economic indicators. The 30 year mortgage rate in 1980-81 was about 18% (unheard of in 2009, when it was still under 5%). Real gasoline prices in 1981 in 2008 dollars was $3.45 per gallon. In 2009, the price was like $1.90.
This bullshit about how bad the economy was that Obama "inherited" and so we have to strain and stretch to credit him for the least bit of favorable indicators is really just a lot of hogwash. Stop blaming the predecessor. The economy Reagan inherited in 1981 was in many ways worse than the 2009 economy, and he wasn't given the luxury to blame Carter. He got shit done, and this was the electoral map in 1984.
Ian wrote:
Anyway, your post to macdoc at the top of the page was terrible. Obama HAS reduced the deficit.
Look -- we've been through this before. First, I said he did not reduce the deficit AS PROMISED. Which he has not. And, the deficit first went UP during his presidency and then went down, but has remained at 1.1 trillion or higher. The amount it went down, from 1.3 to 1.1 trillion is not significant.
Ian wrote:
Not enough IMO, but raising taxes after compromsing on keeping the Bush tax cuts extended in 2010 ought to help a lot.
Show, or link to, the maths. I'd love to see how it works out.
Ian wrote:
Unemployment is in fact going down (a much larger stimulus would have helped; I cite this as one of Obama's key faults), blaming Obama for doing what you think McCain would have done anyway (despite his rhetoric) just sounds sad, keeping Guantanamo open is almost entirely the fault of congressional Republicans, increasing success in Afghanistan is measurable and I've proved it with numbers before, etc. Typical conservative whining - factually inacurrate in some places, out of context in others. I'm just aching to post a list of the President's achievements, but I think I'll refrain today.
Keeping Guantanamo open is not at all anything to do with Congressional Republicans, as in 2009 and 2010, Obama had a majority in both houses. To blame Republicans in that circumstance is nonsense. And, Obama could have closed it without Congressional approval anyway.
Unemployment went down this year only because of reductions in work force participation. That is a fact.
You did not prove anything about any success in Afghanistan, because there has not been. The insurgency there has not been reigned in at all, and is as active as it ever was and we have no more control over the country than we did in 2009.
Anyway - I'm tired...tired of Bronco Bamma and Mitt Rom-in-knee -- after today, one way or the other, it's done. Like I said above, if Obama wins, I'm pretty much done harping on him because I am left only with hope that the country and the economy will become better. You all will have what you want -- an Obama that has no accountability, and will not need to worry about reelection. He'll have "greater flexibility," and you'll see the real guy. As Valerie Jarrett said, it'll be payback time, and anyone who was against Obama is going to get it in the teeth, she says. I hope not, but apparently she said it.
If Romney gets elected, I pledge to be harder on him than I was on Obama. I have no doubt whatsoever that you folks will be harder on him than on Obama. I doubt you will grant Romney any "inheritance" pass, and you won't give him his first year or even 6 months. You won't likely suggest that Romney can't be held responsible for 2013, since that is basically Obama's last "budget" (even though we haven't had a budget...). But, alas, that's all well and good. At this point, I want all guns ablazin' at Romney -- he must be held to task. He must be held to his promises. Day 1, he needs to get this done.a