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I doubt it. Liberals and democrats will vote for whoever the democrat party put up for the 2014 and 2016 elections, regardless of the abject failure of their policies and their economic failure- they are that dumb. Can you imagine ANY LIBERAL, even if the unemployment rate was at 33% (actual unemployment now is 16% and that is not even accounting for those with part time jobs). It will never happen.
In 2014 and 2016, libs will make up some phony "issues" like the ""war on women" (even though lib politicians appear to show contempt for women) or "racism" and rally a bunch of idiots to vote for them again, even if they are impoverished and miserable by the very same liberal policies.
Then I highly suggest conservatives get with the times and start re-evaluating their stances on humanitarian issues. Women, immigrants, gay people, the working poor. Conservatives are very out of touch with huge segments of American voters.
I voted for Obama twice. His job growth record sucks. Obama will go down has having reigned over the worse economy since the 30s. If things don't get better soon then Democrats could be scarred by this for decades.
Obama recouped all the job losses from the Great Recession (which totaled 7 million from Sept 2008-Oct 2009) and now has a net growth in job creation more than DOUBLE his miserable failure of a predecessor.
Republicans cause a disaster, do next to nothing to help clean it up, then blame the guy who is trying to put the pieces back together. Vote them out in 2014.
Obama recouped all the job losses from the Great Recession (which totaled 7 million from Sept 2008-Oct 2009) and now has a net growth in job creation more than DOUBLE his miserable failure of a predecessor.
Republicans cause a disaster, do next to nothing to help clean it up, then blame the guy who is trying to put the pieces back together. Vote them out in 2014.
All the while our working age population has increased by more than 7 million. If it wasn't for all the people just giving up looking for work or people stuck in part time jobs then our unemployment number would still be sky high.
I don't regret my vote ( I was and still am very passionate about healthcare reform), but giving Obama a pass on this is just being ignorant. He shackled our economy with very burdensome legislation and it will take a VERY long time for our economy to adjust to it.
The loss in jobs is very much in the public sector.
Conservatives said they wanted fewer government workers. Be careful what you wish for.
Job losses within the public sector over the past three years has been the most dramatic since the Labor Department records began in 1955. Losses of this magnitude have been and will continue to be a drag on the economy.
And yet only 25% or so who hit the age to collect social security are bothering to retire.
This year, leading-edge boomers are turning 66, the age at which one can claim full Social Security benefits, but many of those eligible are continuing to work.
In fact, recent Labor Department figures show that the percentage of workers over age of 65 is now at a record high.
My husband is one of them. He has no intention of drawing SS until he hits 70, despite no intention of retiring at 70.
And yet only 25% or so who hit the age to collect social security are bothering to retire.
This year, leading-edge boomers are turning 66, the age at which one can claim full Social Security benefits, but many of those eligible are continuing to work.
In fact, recent Labor Department figures show that the percentage of workers over age of 65 is now at a record high.
Over 65, yes, since the "official" retirement age is now 66!
1) deregulation of glass stegall - happened under Bubba
Portions of GS were repealed as a part of the Gramm-Leach-Bliley Act, a Republican initiative.
2) housing market bubble - started under Bubba National home values have been appreciating at a steady pace since the early 70's, coinciding with the baby boom coming of age. The national "bubble" occurred in 2003-7 fueled by low interest rates, piggy back loans and easy credit. Sub prime mortgages were sliced and diced and repacked into private label securities assigned investment grade rating by the independent credit rating agencies. The bubble drove the economy for a blip in time.
The investment grade rating and a lack of due diligence on the part of investors made such securities attractive to conservative investors with big money looking for short term investments with better than average ROI potential. Funding 30 year mortgages with short term funds is not the soundest practice. If the only thing that happened was a whole lot of sub prime mortgages defaulting, the banking industry could have absorbed the losses and licked their wounds.
Instead, banks runs triggered the crises, no one had anticipated.
3) permanent most favored nation trade status to China with more outsourcing and trade deficit - happened under Bubba
China was granted MFN status in 1979. It was renewed 5 times before 1998 when the Republican majority Congress voted in favor of making it permanent.
How convenient for you to mindlessly parrot DNC talking points and solely blame 'Gomer' when reality is both parties put us here, including Bubba. When does the anointed one's presidency start?
Speculation on my part is that it was no coincidence that Obama won in 2008. No one else wanted the mess of all that came before and was to come.
One other factor is that now 66 is the retirement age for SS. All these people having to work one more year will have an effect on numbers.
This might be balanced by the number of folk >50 who are applying for disability because their bodies have worn out. They are not all scamming the system.
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