Major election wins for conservatives...

/\ That combined with the Fed Reserve's unwillingness to raise interest rates to make credit less available.


....Just one of many factors, but still. Interest rates were ridiculously low after '01 and for too long.

Originally posted by Peter Parker Heck, I predict that two years from now we will be more or less back to normal.

Originally posted by oldsoldier As the economy continues to spiral the bowl faster and faster with the help of current Dem policies, will the masses forget the promises made and immediately broken. The Stimulus just spead up the process, instead of reversing it. Now burden the economy with another giant spending give away (health care) and the flush will be complete.

 

Originally posted by FreeEnterprise Originally posted by tallen702 OS and FE, you guys are delusional to think that the lack of turnout by voters in the recent elections has anything to do with "voter's remorse."     Yeah, its just us...   http://online.wsj.com/article/SB10001424052748704013004574517924229019190.html?mod=rss_opinion_main       Hello, tipping point for Obama...

Holy failarity Batman! OpEd =/= fact there FE.

Furthermore, if you read past the rhetoric that you seem to love so much, you'll see that the numbers thrown out in your OpEd actually back up what I've been saying. Voter turnouts were lower than they were for the presidential elections here in VA, and that, rather than any incensed objection to the White House is what allowed VA Republicans to regain their stake in the state's legislative and executive branches. Again, you are delusional, same as the person who wrote that OpEd. You take whatever you can find to support your opinion and twist it to fit your case. Neo-Cons such as yourself are nothing more than a fringe, you are exactly the same as those you scream about and rail against at every opportunity. You are the cancer that has destroyed the Republican Party.

Originally posted by tallen702 OS and FE, you guys are delusional to think that the lack of turnout by voters in the recent elections has anything to do with "voter's remorse."

OS and FE, you guys are delusional to think that the lack of turnout by voters in the recent elections has anything to do with "voter's remorse." It has more to do with the fact that the gubernatorial races NOT national races and thus hold less interest for most voters. Furthermore, the fact that the Obama election was a historic milestone got more people who don't regularly vote, or who had never voted in the past to turn out in droves. What we are seeing in these votes is the return to voter apathy which has less to do with the performance of Democrats in government than it does people who would rather watch the World Series than get out and vote. All you have to do is look at the exit polling numbers and you realize this. Of course No one has ever accused the two of you of doing much research before shooting off your mouths.

As for the economic situation, it's getting better. McCain couldn't have made the economy move any faster than it is right now. He may have decided to not bail out failing auto companies and banks like Obama did, and thus have kept the national debt a little better in check, but the fact of the matter is that the economical issues of this country will require far more than the actions of the office of the president or even congress to get us out of this mire. New regulations on the banking industry are needed to not only keep this kind of thing from happening again, but to also boost consumer confidence in their financial institutions so that they won't be afraid to invest again. A higher minimum wage won't hurt the economy in the long-run either. It gives more people more money to pay for more products meaning far more manufacturing and retail jobs as well as white-collar jobs that go along with the increase in production and sales (managers, accountants, payroll officers, etc.)

Right now, things are stabilizing and even getting better to some extent. The National Restaurant Association (the other NRA) just reported in their November edition that teens and college students have begun spending more at restaurants, bars, and retail outlets than they have since November of last year. This is an excellent indicator of economic stability as most college students rely on their parents for spending money. We haven't seen as big an uptake in the adult end of the spectrum, but most economic analysts believe that this isn't due to any lack of funds, but rather smarter spending on the part of bread winners these days. Whereas before people would purchase on credit, these days purchase plans such as layaway are making a comeback. This is VERY important since an economy based around credit is an economy built on a shaky foundation compared to real-sales and real-dollars.

Edited by tallen702 - 06 November 2009 at 11:49am

I will bet you $5 that over 75% of the "youth" on this board are covered under their parents insurance plans -- that seems to count as having insurance in my book.  Personally, I'm covered by two insurance plans (my parents, and a school student-athlete plan that is required for all varsity athletes, and is essentially a secondary plan to cover major sports-related injuries).  My family has always, and will probably continue, to use plans that cover just about everything, and which are therefore more expensive.  I could care less if other people choose to take plans that will force them to pay a lot out of pocket when they have a major medical bill, but almost every statistic says that it's not going to work out in the long run.

Please, go ahead and cite your unemployment numbers -- then step back and realize that this is all short term.  Most of the "youth" on this board won't be getting jobs in the next few years, and more importantly most of them won't be entering the fields that have been hurt the worst.  Most of us "youth" on this board are either in engineering or the sciences, neither of which has been hit heavily (in fact, science spending increased this year).  I can tell you that engineering internships and hiring made a strong come back from last year, and frankly that's all I care about.

http://www.nytimes.com/2009/11/07/business/economy/07jobs.html?ref=global-home

Originally posted by NYT While the pace of job losses has slowed significantly since the peak of the recession last winter, the unemployment rate, which measures the number of people actively seeking work, continues to climb, and economists do not foresee relief until well into next year. “There’s no doubt that the slashing and burning of jobs has abated quite a lot,” said Allen L. Sinai, the founder of Decision Economics, a research firm. “The economy is recovering, but it is a very soft recovery.” The biggest losses came in the construction, manufacturing and retailing sectors. Health care companies added 29,000 jobs to their payrolls, and the number of temporary workers increased by 34,000 — a significant gain that could indicate employers are beginning to expand their businesses again.

I'll just leave that here.  Again, in five years, Americans will have again forgotten what difficult economic times are like.

Edited by ParielIsBack - 06 November 2009 at 10:11am

Originally posted by ParielIsBack Originally posted by FreeEnterprise I remember posting back after the election that the democrats would overreach.   Well, they have...     The sad thing is, this will affect all of you in ways you don't even realize yet. You will personally have way less income to spend on stuff, as you will be paying much higher energy costs, and your health care costs, (I would guess most of you don't even have insurance) will skyrocket.   Not to mention you won't be able to find jobs...   Its sad really, but keep believing the hype.       72 hours to review the final bill... They are still making changes and the vote is tomorrow...   Typical. Your opinion =/= facts. Fact is, the standard of living isn't going to change much.  Stop playing it up so much.

I remember posting back after the election that the democrats would overreach.

I think what you're seeing with these recent Republican wins has nothing to do with Republicans stepping up to try and counter Obama.  I think it has more to do with the independant voters that were swayed by Obama to vote for him just didn't show up to vote Democrat this time.  Perhaps it was voter's remorse on their part for swinging left to counter the last 8 years of Bush.  Maybe most of them didn't vote at all.  And just maybe they didn't show up because Obama hasn't been as moderate as he said he was going to be and has been leaning hard left instead, alienating those independant voters that helped him win.