CA, is it beyond your thinking to admit that for the majority of time in this congress, Dems did not need a single Rep. vote to pass anything? They have such a majority that they can pass bills without a SINGLE rep ever voting for it. Up until the ‘Kennedy’ seat being lost it was the same in the Senate. Heck they can still pass a bill without a Rep., the just do not have their super majority anymore.
“Seems you don’t recall what Reagan inherited–it definitely was in worse shape.”
Debatable. The economy wasn’t good, but at least it was stable. Something you definitely couldn’t say about late 2008-early 2009. Mind you, around 1982-83 things definitely weren’t looking good either.
Church, with all due respect to whoever came up with the concept of “the misery index”, it tends to focus only on one side of the inflation picture. For example, it tends to obscure the fact Obama inherited a near deflation, which most people recognize is NOT a good thing. Can you honestly say 3% unemployment and 5% inflation is the same as 8% unemployment and stagnating prices?
Inflation means little when decoupled from the increases in GDP and wages.
WarBush over 13 years ago
Message from both sides.
Dtroutma over 13 years ago
Of course it also symbolizes “You’re on your own”.
Charles Brobst Premium Member over 13 years ago
ONLY if we kick out the Republicans who stand in the way of hundreds of ideas to save the economy.
JoyceBV65 over 13 years ago
As a small business man was quoted recently “I just want The Government to get out of my way, and stop taxing us to death.”
FrankinNJ over 13 years ago
CA, is it beyond your thinking to admit that for the majority of time in this congress, Dems did not need a single Rep. vote to pass anything? They have such a majority that they can pass bills without a SINGLE rep ever voting for it. Up until the ‘Kennedy’ seat being lost it was the same in the Senate. Heck they can still pass a bill without a Rep., the just do not have their super majority anymore.
Dtroutma over 13 years ago
21 years of Reaganomics threw us off the cliff. There was no belay for the common man, but the rich got gold line ropes and golden parachutes. period.
4uk4ata over 13 years ago
“Seems you don’t recall what Reagan inherited–it definitely was in worse shape.”
Debatable. The economy wasn’t good, but at least it was stable. Something you definitely couldn’t say about late 2008-early 2009. Mind you, around 1982-83 things definitely weren’t looking good either.
Church, with all due respect to whoever came up with the concept of “the misery index”, it tends to focus only on one side of the inflation picture. For example, it tends to obscure the fact Obama inherited a near deflation, which most people recognize is NOT a good thing. Can you honestly say 3% unemployment and 5% inflation is the same as 8% unemployment and stagnating prices?
Inflation means little when decoupled from the increases in GDP and wages.