As I expected, the mainstream media is busily pushing absolutely wrong conclusions from Tuesday’s election massacre.
Coming from their topsy turvy universe in which economic depression is recovery & right-wing views are centrist, the corporate news analysts churn-out coverage such as this, which sagely blames voter disgust with Obama & Company upon his forcing rapid change upon America. Change that “was was too much, too soon.” Having apparently just returned from a two-year voyage into outer space, where she has been completely out of communication with Earth, this particular bloviator assures us that the American people wanted to send an “overriding message” to President Obama to “slow down.”
Slow down? Too much change too soon? I don’t know whether to laugh or throw-up! B.O. & the Democrats lost overwhelmingly because they promised us big, constructive, genuine change and for two years they have done nothing of benefit for ordinary citizens. As soon as they got control of Congress & the White House the Democrats promptly spun their supporters around & gave them a series of swift kicks in the ass. So when the next election came around their erstwhile boosters found better things to do than go to the polls. The next two years of increasing Democratic cravenness & further enabling of the Republican agenda will simply erode liberal support in 2012.
Barack Obama, Nancy Pelosi, & Harry Reid have likely done a reverse FDR. After 3 years of the Great
Depression caused people to turn to Democrats to save them in 1932, FDR’s courage, vision, & actions assured that Republicans were shut-out of the presidency for 20 years. Thanks to B.O. & his gang no Democrat is likely to be president for another 20 years.
When I voted on Tuesday morning here in Ohio, I cast my ballot for the Green Party candidate for governor & the Socialist Party candidate for senator. Those candidates garnered only 1 or 2% of the votes. It amazes me that even in the midst of the obvious theft & widespread ruination our nation is undergoing at the hands of the fat-cat criminals, an overwhelming majority of voters are still stuck voting for only Democrats or Republicans.
What will it take to break the Democrat-Republican headlock on the body politic?
September 20, 2010 at 5:53 pm (Uncategorized) (bailout, banks, banksters, criminals, Democrats, depression, economy, expansion, GDP, homeless, jobless, June, National Bureau of Economic Research, NBER, politicians, poor, recession, recovery, Republicans, socialsim, unemployment, Wall Street, workers)
Surely you noticed how much better the economy has gotten in the last 15 months.
Well, neither have I. But the National Bureau of Economic Research, the august body charged with officially declaring when recessions start & stop, has officially declared that our latest recession ended in June 2009. An expansion started in July 2009.
Yes, I know, like you my first inclination was to almost fall out of my chair laughing. But in its report the NBER reminds us that they “…did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity. Rather…the recession ended and a recovery began in that month.” Then they caution that business activity sometimes lags well into an economic expansion.
Sure, I think we all understand that the economy doesn’t instantly return to normal after a downturn. But 15 MONTHS should be more than enough time for the ground to stop falling out from under the feet of the bottom 90% of the country! And out here in the real world, that is the world outside D.C. & NYC, the ground is continuing to fall. Businesses are still closing, houses are still foreclosing, & jobs are still evaporating. And yet the NBER declares we are in a 15 month economic expansion & the politicians will happily grab onto that declaration as an excuse to keep ignoring the disaster they have brought upon the nation. After all, why help the jobless & poor when the rising tide is again lifting all boats?
Well, I think it is obvious that if the measurements show this is an economic expansion then THERE IS SOMETHING VERY WRONG WITH THE MEASUREMENTS! I do not pretend to know how the books are being cooked, do you? I suspect that all those bailouts to banksters & Wall Street con-artists & increased profits for offshoring our jobs is now being falsely measured as rising GDP (Gross Domestic Product). When a large portion, perhaps a majority, of a nation’s citizens can be on the financial ropes but the statistics show things getting better & the experts believe it, then the wrong things are being measured & the experts are fools.
One last thing. I keep hearing the “leaders” & “experts” telling us that we are in a long-term “jobless recovery.” They better keep in mind that for 300 or so million Americans it doesn’t matter how great corporate profits are or how high the Dow average or even how much the GDP grows. If all those things don’t translate into prosperity & a good quality of life for the citizens, then to Hell with the corporations, the government, & the few people who are doing great for themselves. That is why the corporations & government exist in the first place… to bring a good life to our communities!