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The Sequester: Horrendous politics that will cause a recession

Discussion in 'Politics & Religion' started by earlpearl, Feb 26, 2013.

  1. Obamanation

    Obamanation Well-Known Member

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    #21
    I think I'm going to have a glass of champagne this morning. The Sequester has become reality!

    For those of you interested in some extremely humorous reading that provides real insight into how American's feel about the Federal government having to tighten it's belt, read this article, and then more importantly, read the comments stream below it. Earl, it should be of particular interest to you. It is all about sequester related cuts in the Maryland and DC area.
     
    Obamanation, Mar 1, 2013 IP
  2. earlpearl

    earlpearl Well-Known Member

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    #22
    The potential downside of sequestration is a possible recession. I see that the representatives of the tea party are all for that possibility.

    bin laden would be proud of the tea party.
     
    earlpearl, Mar 1, 2013 IP
  3. grpaul

    grpaul Well-Known Member

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    #23
    The correct title should be: "A horrendous president that will cause a recession"

    ?
     
    grpaul, Mar 1, 2013 IP
  4. Obamanation

    Obamanation Well-Known Member

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    #24
    No doubt. I'll bet you a dollar not one in 100 people can name what party controlled either house of congress while Jimmy Carter presided over his recession. President jackass and his minions can blow all the bluster they want, but at then end of the day, this is their bowl of crap. Own it.
     
    Obamanation, Mar 1, 2013 IP
  5. r3dt@rget

    r3dt@rget Notable Member

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    #25
    At the rate the Obama recovery is going, the weight of a butterfly landing could cause a recession. The effects will be temporary. Biden has to ride a train instead of a private jet, and there might be less pat downs of disabled children in wheelchairs by the TSA. I think we will survive.
     
    Last edited: Mar 1, 2013
    r3dt@rget, Mar 1, 2013 IP
  6. Obamanation

    Obamanation Well-Known Member

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    #26
    [​IMG]
     
    Obamanation, Mar 1, 2013 IP
  7. Corwin

    Corwin Well-Known Member

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    #27
    [​IMG]
     
    Corwin, Mar 2, 2013 IP
  8. grpaul

    grpaul Well-Known Member

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    #28
    I really do love when liberals try to make sense... Lol
     
    grpaul, Mar 3, 2013 IP
  9. earlpearl

    earlpearl Well-Known Member

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    #29
    Any economist will acknowledge that the sequester is stupidly structured. Virtually every member of Congress acknowledges it.

    Regardless it is going forward, and every GOP voice on the extreme right is pleased as can be.

    Should it cause any form of recession, any backwards economic movement in any region of the nation, a majority of all folks will blame the GOP and the extremist wing:

    The public has an extraordinary view of the GOP as extreme, out of touch, inflexible and frankly not working in the best interests of the United States. http://www.people-press.org/2013/02/26/gop-seen-as-principled-but-out-of-touch-and-too-extreme/

    The closest analogies to the sequester are the 4th quarter of the US economy and the overall economic condition of Europe which has pushed huge cost cutting in the face of economic and debt pressures.

    The 4th quarter US showed the tiniest growth of the last 14 straight quarters, and in Europe cutting budgets has been accompanied by European recession.

    Since the sequester was allowed to pass because of politics, any negativity will immediately fall on the far right wing of extremists characterized by the tea party who are frankly celebrating its enactment, as evidenced above.

    Better start spending money like crazy teapartiers. Try and get the economy moving upwards.

    Go ahead. Start spending money and act on the teaparty right wing economic theories that cutting govt spending automatically opens the doors to private spending.

    Otherwise, if anything goes negative, the public will point the finger of blame your way as the overwhelming majority of Americans will hate you even more, as hard as that might be, in light of the fact that your party has hit a new low in terms of public perception.
     
    earlpearl, Mar 3, 2013 IP
  10. r3dt@rget

    r3dt@rget Notable Member

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    #30
    People will blame who is in office, not simply the GOP. How many voters in this country actually follow politics? Based on the 2012 elections, probably 10% of voters. More people get their news from twitter than a credible news agency. The majority of people have no idea what the tea party is, and they probably don't know what GOP refers to.


    What they do know is that they voted Obama back into office for a 2nd term. They know that democrats have more control over Washington than republicans. They know that the unemployment rate is still 8%, and if it doesn't go down it will be Obama's fault. They care about the debt, which Obama promised to work on. With democrats unwilling to cut any spending they will blame democrats in 2014 and 2016 when no serious reforms have been passed.

    Liberals will blame the GOP, conservatives will blame Obama. Moderates will blame whoever is in office during this disaster of a presidency. They may have given him a second chance in 2012, but his luck is running out.
     
    r3dt@rget, Mar 3, 2013 IP
  11. Obamanation

    Obamanation Well-Known Member

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    #31
    A brief example of the type of B.S. being sold regarding American views of the Sequester

     
    Obamanation, Mar 4, 2013 IP
  12. Corwin

    Corwin Well-Known Member

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    #32
    Sequester was Obama's idea
    ...it was the White House {that thought of the sequester}. It was Obama and Jack Lew and Rob Nabors who went to the Democratic Leader in the Senate, Harry Reid, and said, 'this is the solution.'
    - Bob Woodward
     
    Corwin, Mar 4, 2013 IP
  13. earlpearl

    earlpearl Well-Known Member

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    #33
    Corwin: Obama came up with the sequester after the GOP had blocked raising the debt ceiling, something entirely unprecedented in US history, and entirely stupid; an artificial mechanism to cause the US govt to lose ratings on its ability to service debt. How stupid was that.

    Both parties agreed to it. Entirely. The structure of the sequester was to make it so unpalatable in its nature that theoretically it would force the two sides to negotiate a more reasonable deal.

    Didn't happen. Now the GOP political machine is absolutely peachy exuberant about the sequester. Individuals, including individual members of congress primarily think its horrible.

    Furloughs themselves appear to be forestalled for about 2 months as it takes time internally to set them up. Other cuts are going on.

    The sequester is political. I liked Mike Lofgren's recent description. http://www.washingtonpost.com/opini...adcaee-8290-11e2-b99e-6baf4ebe42df_story.html

    Lofgren's toenail clippings know more about how government works than the entire combined knowledge exhibited in DR P&R
     
    earlpearl, Mar 4, 2013 IP
  14. Corwin

    Corwin Well-Known Member

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    #34
    Earl, really... it looks like you are just making shit up as you go along.

    But, let's be real - Obama always has an excuse for his failures, right? Because to you, even when he totally screws up it's because somebody FORCED him to screw up! "He made me do it" - just like a four-year old.

    Because from your point of view it seems you are admitting that the Obama presidency just doesn't have any clout, because to you, Earl, Obama is the Republican's Bitch.
     
    Corwin, Mar 4, 2013 IP
  15. earlpearl

    earlpearl Well-Known Member

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    #35
    ha. corwin: just another example of all politics all the time from the teaparty.

    If you weren't working so hard to always sell the teaparty version of history as the teaparty explains it you would have read the article. guess it scared you.
     
    earlpearl, Mar 4, 2013 IP
  16. Corwin

    Corwin Well-Known Member

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    #36
    So you think Obama is run by the Tea Party??? WTF is your point?

    Actually I read the - it's not an article, it states clearly at the top Opinion
    http://www.washingtonpost.com/opini...adcaee-8290-11e2-b99e-6baf4ebe42df_story.html
    You are going to have to show me where the above Opinion piece mentions the Tea Party, because it's not there. In the Opinion piece you cite, Lofgren does accuse the Democrats of being unable to present practical solutions. He does accuse Obama in engaging in "cheap political theater and serial exaggeration" by releasing prisoners early. No mention of the Tea Party.

    Again, in the Opinion piece you cite, no mention of the Tea Party.

    (Isn't Earl's obsession with the Tea party starting to feel, uh, creepy.???)
     
    Last edited: Mar 5, 2013
    Corwin, Mar 5, 2013 IP
  17. Obamanation

    Obamanation Well-Known Member

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    #37
    Looking at the effect of the Sequester cuts, we might have to reword this great old Reagan saying:

    A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his

    Perhaps the upgraded saying would go something like:

    A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when the government restrains it's rate of growth to something under 3%.

    Or Perhaps


    A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when government workers lose theirs.



     
    Obamanation, Mar 5, 2013 IP