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It´s Obama´s Economy -- at Last
National Journal, by Michael Hirsch

Original Article

Posted By:tisHimself, 3/10/2013 11:03:42 PM

For most of his first term, President Obama successfully sold a line to the public that economists will tell you is, at least in part, intellectual snake oil. He managed to blame our historically slow economy almost entirely on President George W. Bush. Polls taken right after the 2012 election showed that one of Mitt Romney’s biggest failures—and the GOP presidential candidate had staked almost everything on this point—was persuading U.S. voters otherwise. But this week’s dramatic economic news, timed with the start of Obama’s second term, suggests that the political debate,

Comments:
Please grasp how & when to split headlines. Counting 35-40 characters maximum, including spaces is what works for a computer screen. Be consistent in posting to word limit. LCom Staff.

      


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Reply 1 - Posted by: Blue Hen1, 3/10/2013 11:13:05 PM     (No. 9218630)

The only reason for wanting this buffoon to win the last election, he owns it!

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Reply 2 - Posted by: zoidberg, 3/10/2013 11:18:44 PM     (No. 9218635)

Yes. In 2016 the Dems won´t be able to blame the economy on Bush. They own it, lock, stock, and barrel, even if they hate the firearm metaphor.

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Reply 3 - Posted by: enuf8, 3/10/2013 11:29:56 PM     (No. 9218649)

Yes Michael, it is obama´s economy at last--numbers written are not truthful. People have not regained what was lost in the market slump, living costs are considerably higher as is everything from utilities to peanuts. Check out the cost of gasoline. The dollar has been greatly devalued these last 4 years and what in the devil will all of our amenities cost us by year´s end. We know insurance will be higher. So, yes, he darn sure owns the economy!

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Reply 4 - Posted by: smcchk, 3/10/2013 11:41:50 PM     (No. 9218656)

#2, no need to wait until ´16. This is going to hurt the Dems in ´14.

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Reply 5 - Posted by: beancounter, 3/10/2013 11:50:07 PM     (No. 9218660)

Can you imagine some pundit in 2005 writing:"it´s Bush´s economy -- at last"?

Me neither.

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Reply 6 - Posted by: Scottyboy, 3/10/2013 11:52:19 PM     (No. 9218662)

Cripes, informed conservatives knew the economy was going to flatline and we would be bouncing along the bottom the second this idiot got elected and that there would be no good news until this horse´s ass is history .
I´m so friggin disgusted with the electorate it makes me sick.

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Reply 7 - Posted by: jdh, 3/11/2013 12:12:05 AM     (No. 9218669)

I was beginning to believe that George W. Bush was our first 4 term President.

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Reply 8 - Posted by: miceal, 3/11/2013 12:23:29 AM     (No. 9218673)

I´m sorry but this clown and HIS PARTY have owned "this economy" since January of 2007. The Republicans picked up the check book after the 2010 midterms and they´ve done a HORRIBLE job with it too......

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Reply 9 - Posted by: old dog, 3/11/2013 12:39:50 AM     (No. 9218683)

Well sorta makes you wonder which day this week the over ripe privey on Wall Street will finally split it seams? after all it is the "Chicago Way"! maybe a monday to friday mini-lottery would whet the "compulsive gamblers" into their last little fling.....yep it sure is YOUR ECONOMY URKEL!

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Reply 10 - Posted by: grounded, 3/11/2013 12:51:20 AM     (No. 9218689)

Some economists are warning that the Wall Street bubble, inflated with what is essentially free money from the Fed, will burst with effects that will make the housing collapse look like a non-event.

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Reply 11 - Posted by: snakeoil, 3/11/2013 12:55:00 AM     (No. 9218690)

When zerØcare arrives in 2014 the economy is going to tank as it hasn´t since 1928. I haven´t had a pay raise in 5 years. Let´s see. What has been around for 5 years. They economy is still in bad shape and won´t improve until there is an American in the White House.

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Reply 12 - Posted by: leonardo, 3/11/2013 1:20:30 AM     (No. 9218700)

Obama is unconcerned with the economy ... his focus is his version of "reparations" which he will achieve via ObamaCare and taxes. Bernanke will print infinite money out of thin air for the next 3 years, destroying the American currency and thus punishing Americans on fixed incomes, and those who have saved their money. When Obama´s term is up, Obama will go on speaking tours earning, perhaps, millions in fees, while the economy will be in shambles which, when his successor takes over, will be blamed on "obstructionist" republicans, and the idiot public will drink that snake oil blame game too.

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Reply 13 - Posted by: Spidey, 3/11/2013 2:51:39 AM     (No. 9218729)

I foundit pretty funny last week,how Onama´s apprials plumetted and then a coupld days laters a flood of good economic news came out of no where. Of course if you dig into the science of the economic news,the blather far exceeds the actual results.Who would have thought applause signs would be everywhere because unemployment claims went down 7000 over the prior week?

This kind of favorable news for Obama is about to get a lot worse if Perez is named Labor Sec.This guy is a left wing activist on steroids.I´d be interested to hear what Christian Adams would say about this joker if he´s allowed to testify during the hearings.
The Obama propaganda operation is always looking for new ways to extend their reach.

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Reply 14 - Posted by: MissMann, 3/11/2013 3:10:26 AM     (No. 9218734)

So two weeks ago, we had 360,000-some new unemployment claims and there were lots of excuses. Then one week later, the jobs report says we added 250,000-some jobs and it was like the heavens opened up and poured manna on 0bama.

Excuse me, I´m just a lowly math teacher, but didn´t we still have a net loss of ~100,000 jobs? How is this cause for celebration?

Perhaps they´ve changed the definition so much I no understand what they´re talking about. That might be the desired point.

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Reply 15 - Posted by: Trigger2, 3/11/2013 5:00:35 AM     (No. 9218749)

If the drive-by media can pluck one iota of good economic news out of a ton of bad news, they´ll claim it´s because of Obama. When they can´t find anything good, it´s all Bush´s fault. Barry plays the same trick.

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Reply 16 - Posted by: Judith, 3/11/2013 8:12:38 AM     (No. 9218863)

I don´t understand. The business guys on the radio (the station that used to have conservative talk show hosts)is telling us everything is looking great. Our economy is looking good, things are going swell. The DJs all say obama is doing a good job and our economy is on the upswing.

Meanwhile, in the real world, a couple more stores in my town went out of business, our food pantry can´t keep up, the parking lots of the salvation army and st. vincent de paul are loaded, and my trip to the grocery stores show me people with only a few things in their carts.


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Reply 17 - Posted by: Hermoine, 3/11/2013 8:17:27 AM     (No. 9218872)

#8 -- Explain to me how the Republicans, at the federal level, picked up the checkbook in 2010? They basically picked up the ability to slow down the Democrats in 2010, which they´ve done. They won´t have control of the purse strings until they capture the Senate too. Let´s not pretend they have as much control/power as we´d like for them to have.

Now, the Republican Governors are a different story and for the most part, they are doing a great job at turning around their states...along with quite a few state legislative bodies that are now in GOP hands.

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Reply 18 - Posted by: EnsignO´Toole, 3/11/2013 8:34:53 AM     (No. 9218898)

FTA: Obama has his work cut out for him if he wants “his” economy to look like a positive legacy four years from now.

If I live through 2016, there won´t be one positive thing I will remember about this Obamanation of eight years.

There were positive things that JFK did and I was not an admirer of him. While I didn´t respect LBJ, Carter,or Clinton, I didn´t have feelings of such utter contempt for them as I have for this fraud who sits in the People´s House.

I´ve tried to analyze the distinction of my feelings, and the best I can come up with is that Obama is a true fraud! There is nothing American about him, no matter where he was born. His governing principles are the antithesis of American values. In fact, his value system is one of destroying 235 years of history and rebuilding in his own image.

He is a sick, sick man motivated by even sicker people such as Valjar and Soros. I hope Republicans stop saying "he´s nice enough but he´s misguided." They better wake up quickly or all that they hold as sacred will not exist by 2016.

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Reply 19 - Posted by: MattMusson, 3/11/2013 8:50:01 AM     (No. 9218934)

Its the Oconomy, Stupid!

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Reply 20 - Posted by: stopevhillary, 3/11/2013 8:50:04 AM     (No. 9218935)

What difference does it make?

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Reply 21 - Posted by: Passion, 3/11/2013 8:56:42 AM     (No. 9218950)

This article is very naive. In 2016, it will be even MORE the Bush economy because in four more years, not a single Republican candidate or campaign will have even tried to expalin why this is a liberal economic train wreck, so the lie will have hardened for four more years. Blame must be assigned, because it is not assumed. The Dems are the only ones assigning it, that´s why they have won that battle.

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Reply 22 - Posted by: dragonlearner, 3/11/2013 8:59:46 AM     (No. 9218959)

FTA: "In addition, Wall Street, the culprit behind the last disaster, may be at least as hard to rein in as it was four years ago."

Sorry, but you are wrong. The problem is the banking system. The Federal Reserve wields the power to print money and the banks have been allowed to create extremely high leveraged bets. Don´t blame this on Wall Street. The reason the Federal government does nothing about it (Dodd-Frank was a joke) is that the Federal Reserve buys the majority of US Treasury bonds which allow the government to grow. Without that, the system collapses and so does the power of the elites. I guess Hirsch is part of the power elite. Surely, he knows the truth. Why do you think they called "Occupy ´Wall Street´"? Because the blame needed to be shifted away from the banks.

Of course, you get accused of wearing a tin foil hat when you give this opinion. Which is why this charade will continue until it no longer can.

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Reply 23 - Posted by: bpl40, 3/11/2013 9:01:17 AM     (No. 9218962)

47% parasite takers will NEVER blame 0bama or even the ´Rats. Will the incremental six percent finally decide they have had enough? That and only that is the critical question. 0bama will never be held accountable. MSM and the Left have put in far too much effort to make that happen.

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Reply 24 - Posted by: stryker714, 3/11/2013 9:06:47 AM     (No. 9218972)

The main aspect about the whole Obama presidency is that the man simply does not care about the economy. So no bets on improvement from here on. If anything he wants run up America´s debt to extremes never reached, to crash the economy and start over with no free market, police state, individual freedoms gone, etc.

BTW: three of the MSM alphabets started their evening news the other night with the propaganda story on the V8 moment unemployment numbers. Isn´t that ironic? Shazam. The White Haus is at it again.



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Reply 25 - Posted by: pineledger, 3/11/2013 9:13:08 AM     (No. 9218985)

His sequester.

But to hear the patter this AM on Morning Joe, you´d think the economy´s booming. After all, the job figures are the best they´ve been in 4 years. Of course January´s numbers were revised, as these will be. This was just to counteract all the overselling of the sequester´s effects.

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Reply 26 - Posted by: udanja99, 3/11/2013 9:18:40 AM     (No. 9219000)

#18, I feel the same way and I´ve winnowed it down to this - 0bama is EVIL.

The fault for all of our economic woes goes back to the damnocrat takeover of congress in January 2007 and the sub-prime mortgage fiasco brought to us by Carter, Clinton, Bawney Fwank and Chris Dodd. In truth, the economy should be referred to as the "Pelosi Economy". Zippy has only made everything worse. Much much worse.

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Reply 27 - Posted by: Adam, 3/11/2013 9:49:06 AM     (No. 9219069)

overly optimistic. when things tank, he´s successfully blame the house GOP (which he calls congress, I guess we don´t have a Senate anymore) and the sequester.

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Reply 28 - Posted by: mickturn, 3/11/2013 9:50:41 AM     (No. 9219073)

Bottom line, one owns what they put their ´stink´ on. As soon as Obie made a decision and put in policy that started trashing the economy (worse than what Bush did) OBIE OWNED IT!



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Reply 29 - Posted by: Rinktum, 3/11/2013 9:57:41 AM     (No. 9219084)

From a layperson´s point of view, the economy is definitely not improving. There are no jobs and everything you need costs more, and Obamacare will be the final nail in the coffin.

There is ample blame to go around and it started decades ago when politicians, lobbyists, Wall Streeters, and big bankers got very friendly. Everyone was gaming the system on the back of the working man/woman. Deals were made and pockets were lined. It was the golden age of greed. Now we are experiencing the aftermath of a corrupt government.

Crony capitalism has been the death nell. When the philosophy of situational ethics took hold, moral values were the hardest hit. No longer were men subject to the concept of right and wrong. They were their own gods and acted accordingly. This economy can never be fixed until the country embraces the concepts of honor, good character and a strong work ethic. A capitalistic system must have those values at its core.

No one speaks of accountability. Men who rape their companies and still receive huge bonuses and politicians who exchange their integrity for power and greed must be held responsible. The working American paying taxes and obeying the law has been picked clean by a system filled with greed and corruption.

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Reply 30 - Posted by: ConradNY, 3/11/2013 10:54:28 AM     (No. 9219202)

You don´t think the liar in chief will be able to say "I would have improved the economy but for the Republics who refused to compromise."?

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Reply 31 - Posted by: uno, 3/11/2013 11:38:16 AM     (No. 9219304)

I´m waiting for the headline that says:
It´s Obama´s Economy -- and Last!

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Reply 32 - Posted by: bigfatslob, 3/11/2013 11:42:24 AM     (No. 9219313)

Let´s get real Bush will always be blamed along with the Republicans. Obama and his media has done a great job of destroying the Republican party.
If a million more people were unemployed it wouldn´t be reported. Everyone could be living in cardboard and tin shacks across the nation and it would be reported as a ´housing boom´.
The first black president will remain the greatest president this nation has ever had. He can´t fail and won´t fail.
Wall Street is just the recipient of the Feds printed money and that´s were the money mongers thrive while the nation slips into a deeper morass of poverty.

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Reply 33 - Posted by: chicodon, 3/11/2013 12:06:30 PM     (No. 9219357)

I knew over a year ago that we´d see a bump in employment as I still have friends in construction engineering. They were swamped with the design of apartment buildings. I mean big projects from San Diego to San Francisco. That was a leading indicator for me. I still think inflation is coming. How can it not be?

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Reply 34 - Posted by: Conservativegirl, 3/11/2013 12:15:47 PM     (No. 9219371)

#7, your tongue-n-cheek comment is clever and taken in the manner in which you meant it, but FDR actually WAS our first 4-term President!


Girl´s Hubby

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Reply 35 - Posted by: A Burrite, 3/11/2013 1:48:31 PM     (No. 9219566)

With respect #6, it ain´t *the electorate* that´s at fault. It´s the 4 million pubbies who refused to get off their duffs and get out to vote for Romney and against Ob-noxious. Ol´ Mitt wasn´t pure enough for them. How´s that self-righteousness doing for them now?

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Reply 36 - Posted by: udanja99, 3/11/2013 1:51:28 PM     (No. 9219571)

And FDR died in office. Hmmmm.

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Reply 37 - Posted by: Rafter, 3/11/2013 3:17:59 PM     (No. 9219712)

FDR screwed up his second term right after he scored a landslide win.
Tried to expand SCOTUS to 15 members in an infamous "court-packing" scheme.
Lost all his shine after that failed.

Only Hitler´s idiocy in starting WWII in September 1939 enabled FDR to run for the
third term and then a fourth.
The war restored world economic growth, not the New Deal policies.
WWII made and saved FDR.
Zippy won´t be that lucky.

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Reply 38 - Posted by: Heil Liberals, 3/11/2013 4:29:35 PM     (No. 9219830)

This the the economy of the big LIE. Treasury and the Fed have conspired to inflate the money supply at a rate that is having devastating consequences on consumers and savers. All commodity prices continue to rise monthly; but those do not count in the CPI. The stock market is flooded with buy orders from brokerages flush with cheap cash. Why wouldn´t the DOW climb? Lots of cheap dollars with which to purchase stocks.

It´s the big LIE folks, and it cannot go on forever.

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Reply 39 - Posted by: Dodge Boy, 3/11/2013 7:55:12 PM     (No. 9220108)

May as well now call it what it is, "the Obonomy".

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Reply 40 - Posted by: nonsense, 3/11/2013 9:25:39 PM     (No. 9220197)

Must agree with so many other L-dotters. The American economy has been brought to it´s knees by the Demonrat party and their policies. They have been in control since 2007, and the majority of the blame can be handed to that puffed up Demonrat, Piglosi.

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Reply 41 - Posted by: TruthAndJustice, 3/11/2013 11:03:44 PM     (No. 9220289)

#18 Ensign, great comment, completely agree. The distinction with Obama is recognising he and those around him are not just those I disagree with...I believe he and his comrades are evil.

#4..don´t be so certain about ´14....unless those electronic voting machines are destroyed another election will be stolen and these godless thugs will continue to reign

Consider Soros and his money...the many people he has purchased and owns ...the media he owns and directs ...one has to wonder what drives him....I think he is trying to relive his most glorious exciting chapter...when he had the ultimate control...
His "open society" like most of his names entities are the reverse of what they advertise

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Daily Caller, by Alex Pappas    Original Article
Posted By: StormCnter- 4/15/2014 5:22:51 AM     Post Reply
Neurosurgeon Ben Carson says the White House wanted him to apologize for “offending” President Obama after he famously delivered a conservative message at the National Prayer Breakfast last year. Carson, the former director of pediatric neurosurgery at Johns Hopkins Hospital, recalls the events surrounding his 2013 speech in his new book, One Nation: What We Can All Do To Save America’s Future. The Daily Caller obtained an advance copy of the book, which is set for release May 20. “He did not appear to be hostile or angry,” Carson writes of Obama, “but within a matter of minutes after the conclusion of

Megyn Kelly and the
Sandberg Head Shaker

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American Thinker, by Richard F. Miniter    Original Article
Posted By: magnante- 4/15/2014 9:16:05 AM     Post Reply
Megyn Kelly’s "Kelly File" is a great news show. She’s incisive, informed and customarily handles the toughest guest with aplomb. But her lengthy interview of Facebook C.O.O. Sheryl Sandberg about her second book in the Lean In series Lean In: For Graduates was a head shaker. Amazing that she of all people allowed Sandberg to restring the same old, same old, shamed, and shopworn feminist myths about women and girls and then jangle it in front of her viewing audience like something new out of the box. Indeed Kelly all but genuflected in front of this woman. Kept her on thru

Why You Should Be Sympathetic
Toward Cliven Bundy

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Powerline, by John Hinderaker    Original Article
Posted By: Toledo- 4/15/2014 8:40:58 AM     Post Reply
On Saturday, I wrote about the standoff at Bundy Ranch. That post drew a remarkable amount of traffic, even though, as I wrote then, I had not quite decided what to make of the story. Since then, I have continued to study the facts and have drawn some conclusions. Here they are. First, it must be admitted that legally, Bundy doesn’t have a leg to stand on. The Bureau of Land Management has been charging him grazing fees since the early 1990s, which he has refused to pay. Further, BLM has issued orders limiting the area on which Bundy’s cows can

Glaring limits of the Civil Rights
Act: We need to redistribute wealth

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Salon Magazine, by Matt Bruenig    Original Article
Posted By: KarenJ1- 4/14/2014 7:20:41 PM     Post Reply
Although the Civil Rights Act, the landmark legislation which just reached its 50th anniversary, made great strides in desegregating the economy, economic discrimination is still widespread, and anti-discrimination legislation alone can never rectify the economic damage inflicted upon blacks by slavery and our Jim Crow apartheid regime. The Civil Rights Act was a mild reform, all things considered, but one conservatives fought with vigor and one many conservatives are still bitter about to this day. When the Civil Rights Act passed in 1964, the primary purpose was to root out discrimination in public accommodations (like hotels and movie theaters)

Casual marijuana use linked with
brain abnormalities, study finds

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Fox News, by Loren Grush    Original Article
Posted By: KarenJ1- 4/15/2014 6:12:53 PM     Post Reply
Casual marijuana use may come with some not-so-casual side effects. For the first time ever, researchers at Northwestern University have analyzed the relationship between casual use of marijuana and brain changes – and found that young adults who used cannabis just once or twice a week showed significant abnormalities in two important brain structures. The study’s findings, to be published Wednesday in the Journal of Neuroscience, are similar to those of past research linking chronic, long-term marijuana use with mental illness and changes in brain development. Dr. Hans Breiter, co-senior study author, said he was inspired to look at the effects of casual

Biden Tells Boston Bombing
Survivors, ´It Was Worth It´ (Video)

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Breitbart´s Instablog, by Debra Heine    Original Article
Posted By: KarenJ1- 4/15/2014 9:28:18 PM     Post Reply
Less than a minute into his speech at the Boston marathon bombing memorial on Tuesday, Vice President Joe Biden went tragically off script and told the crowd of Boston bombing survivors that "it was worth it." After expressing how impressed he was with the tribute, he said somberly, "let me say to those ´quote survivors,´ my God, you have survived and you have soared. It was worth it. I mean this sincerely - just to hear each of you speak. You´re truly, truly inspiring." The audience sat in stunned silence until Biden declared, "I´ve never heard anything so beautiful than

White babies just 15 months old show racial
bias when picking playmates, study found

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Daily Mail (U.K.), by Staff    Original Article
Posted By: Desert Fox- 4/15/2014 10:23:35 PM     Post Reply
Toddlers show racial bias when picking playmates, a study reveals. They also take account of how fairly others behave. Researchers tested the reaction of white 15-month-olds as toys were distributed. Two white adults divided the toys, one equally and the other unequally. Seventy per cent of the toddlers chose to play with the researcher who distributed the toys fairly. But in a second test, when one researcher favoured a white recipient over an Asian one, they picked the ‘fair’ researcher less often, the journal Frontiers in Psychology reports. And the babies are more likely to help those who share the same ethnicity, which is known as

Which Actor Portrays The
Best James Bond?

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American Spectator, by Jonah Goldberg and Taki Theodoracopulos    Original Article
Posted By: Drive- 4/16/2014 11:20:22 AM     Post Reply
Look, everyone loves Sean Connery, particularly Sean Connery. That’s why he plays Sean Connery in every movie he’s in. People love that Scottish brogue so much, they don’t mind that he has it when he plays Juan Sánchez Villa-Lobos Ramírez, an immortal Spaniard in Highlander. The guy even won an Oscar for playing an Irish cop with a Scottish accent. Talk about sexist double standards: Meryl Streep has to master foreign dialects to get her golden statuettes. Connery just has to show up on time. In economics you devalue a currency by printing too much of it. In film you

Atlanta Braves flooded with Hank
Aaron hate mail: He’s a ‘s*****g’

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Washington Times (D.C.), by Cheryl K. Chumley    Original Article
Posted By: JoniTx- 4/15/2014 3:23:19 PM     Post Reply
Hank Aaron’s recent comments about the need for America to realize that racism is still very much alive and thriving — only now due to those who wear “neckties and starched shirts” rather than KKK hoods — has sparked an angry backlash and many fans are turning the tables, calling the baseball legend himself a racist. “Hank Aaron is a s*****g piece of [expletive] [racial slur],” one man said in an email to the Atlanta Braves’ front office, one of the teams Mr. Aaron used to play for, CBS News reported. “My old man instilled in my mind from a

White is not right: Campus admins ask
for help weeding out white people

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Daily Caller, by Robby Soave    Original Article
Posted By: KarenJ1- 4/15/2014 7:47:18 PM     Post Reply
Western Washington University sent a questionnaire to students asking them for advice on how the administration could succeed at making sure that in future years, “we are not as white as we are today.” The question notes that WWU’s racial make up does not perfectly reflect the nation at large, and asks students to consider strategies that other universities have used to focus on skin color as the paramount indicator of a student-applicant’s worth. The president of WWU has stated that his explicit goal is to reduce the white population on campus, according to Campus Reform. “I’ve said before and I’ll say it

If a nuclear bomb exploded in downtown
Washington, what should you do?

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The Week, by Marc Ambinder    Original Article
Posted By: MissMolly- 4/15/2014 4:51:46 AM     Post Reply
Funny question in the headline, yes? But since President Obama worries more about the threat of terrorists´ improvised nuclear device going off in a major American city than anything Russia can throw at us, I was wondering if the government had deigned to share with us citizens any tips for, you know, surviving something their own intelligence points to as the likeliest unlikely Black Swan event. Well, no. And yes. No — very few people in Washington, D.C., who work for the government have any idea what they would do if a 10-kiloton nuclear device exploded at the intersection of 16th and K

Obama taps gay bishop to wrap Easter
Prayer Breakfast with invocation

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Washington Times, by Cheryl K. Chumley    Original Article
Posted By: jackson- 4/15/2014 9:25:28 AM     Post Reply
When President Obama needed a preacher to fulfill the closing prayer duties at the annual White House Easter Prayer Breakfast, he turned to none other than the Episcopal Church’s first openly gay bishop — who said he was as shocked as anyone at the appointment. The Right Rev. Gene Robinson said in a tweet, accompanied by a photo of Mr. Obama behind a podium at the event: “POTUS ‘preaches’ at the Easter prayer breakfast. Then, out of the blue, asks ME to close with prayer. OMG!” Newsmax said he also emphasized that the words he chose to close the breakfast


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