Saturday, November 6, 2010

its the economy, stupids

the economy has been excelling all year.  im no economist, but i do watch cnbc a lot.  since president obama took power the stock market has nearly doubled from its bush low.  the hemorrhaging of jobs has stopped long ago.  the gdp and other economic indicators are all heading in the right direction.  none of this is new news, it has been happening over the course of the past year and a half.  again, im no economist, but it was either president obamas programs that turned the economy around or it is just a giant coincidence.  either way he gets the credit from me, but obviously not from all the people who voted tuesday.  surveys show the economy was the most important issue in tuesdays election, but the people who voted chose not to vote for the party that helped turn the economy around.  wtf?  mark my words on this, today nov 6 2010, if the economy keeps getting better (and there is no obvious reason right now that it wont) the republicans will take credit for the economic turnaround.  they will say the economy turned around once they won the house.  and people will believe them.  the stupids tend to believe anything the republicans say.  like how right now the president is on a $200,000,000.00 a day trip.  think about that for a minute, thats a lot of tandoori chicken.

and while im thinking about the economy i have a question.  can anyone explain this to me,  if the bush tax cuts for rich people are so crucial to fixing the economy then why did the economy collapse while the tax cuts were in place?  just asking.

todays recommendation:

http://www.msnbc.msn.com/id/26315908/ns/msnbc_tv-rachel_maddow_show/

if possible watch the video entitled "echoing falsehoods still dont ring true" under the previously tab for nov 4 2010.

and

http://www.huffingtonpost.com/2010/11/05/anderson-cooper-slams-con_n_779557.html