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Sun Jun 24, 2012, 09:18 AM

"The private sector is doing fine"

That one quote is the only thing the GOP can come up with against President Obama.

The run commercial after commercial that simply repeats the phrase over and over. It is annoying at best and as normal for the GOP, completely out of context.

But I suspect they will run this until November unless The President make another "gaff" if you want to portray it as that.

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Arrow 6 replies Author Time Post
Reply "The private sector is doing fine" (Original post)
liberal N proud Jun 2012 OP
unblock Jun 2012 #1
handmade34 Jun 2012 #2
ErtBob Jun 2012 #3
liberal N proud Jun 2012 #6
mmonk Jun 2012 #4
KharmaTrain Jun 2012 #5

Response to liberal N proud (Original post)

Sun Jun 24, 2012, 09:23 AM

1. it's odd -- their mockery of it builds the case for government meddling in the private sector.

normally it's republicans who are saying the private sector can take care of itself.

never mind that it was taken out of context....

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Response to liberal N proud (Original post)

Sun Jun 24, 2012, 09:45 AM

2. even if it is true...

the Republicans will make it not so if it comes from Pres. Obama

http://www.politifact.com/truth-o-meter/article/2012/jun/08/context-private-sector-doing-fine/

"Keep in mind that the private sector has been hiring at a solid pace over the last 27 months. But one of the biggest weaknesses has been state and local governments, which have laid off 450,000 Americans. These are teachers and cops and firefighters. Congress should pass a bill putting them back to work right now, giving help to the states so that those layoffs are not occurring.

"In addition, since the housing bubble burst, we've got more than a million construction workers out of work. There's nothing fiscally responsible about waiting to fix your roof until it caves in. We've got a lot of deferred maintenance in this country. We could be putting a lot of people back to work rebuilding our roads, our bridges, some of ours schools.

"There's work to be done. There are workers to do it. Let's put them back to work right now. The housing market is stabilizing and beginning to come back in many parts of the country, but there are still millions of responsible homeowners who've done everything right, but still struggle to make ends meet. So, as I talked about just a few weeks ago, let's pass a bill that gives them a chance to save an average of $3,000 a year by refinancing their mortgage and taking advantage of these historically low rates. That's something we can do right now that would make a difference..."


http://www.nytimes.com/2012/06/20/business/public-workers-face-continued-layoffs-and-recovery-is-hurt.html?_r=1&scp=4&sq=private%20sector&st=Search

http://www.politifact.com/truth-o-meter/statements/2011/jun/02/mitt-romney/mitt-romney-says-us-only-inches-away-ceasing-be-fr/

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Response to liberal N proud (Original post)

Sun Jun 24, 2012, 10:24 AM

3. Your response should be:

Corporate profits have never been higher.
American corporations are sitting trillions dollars of cash that they don't know what to do with because there is limited demand for their goods and services.

http://news.investors.com/article/614033/201206071246/corporations-continue-to-hoard-cash.htm

Why?

Because middle class wages have been suppressed to the point where there is no money left over to consume with after paying the mortgage, health insurance, energy costs, etc. Wage increases simply have not kept up with the cost of living in this country. At least not for the middle and lower classes.

Meanwhile, the corporate leadership is paying itself very very richly and demanding more tax breaks for themselves.

So the private sector is in fact doing well for itself, but it is falling on its face in terms of participating in American society.

Add to this the uncomfortable fact that the public sector, while doing its job to support the infrastructure of this country, is a big part of the economy due to the scale of this endeavor. Maintaining roads, bridges, clean water, air and safe food along with waste water management is very expensive and employs a lot of people.

It's time to start talking about how "Supply Side Economics" is a complete failure. Not for the investment class of course, but for American Society overall.

We need to promote "Demand Side Economics". If we don't have what the fancy economists term "ultimate demand", any economy is doomed to failure. It has always been consumption by the middle and lower classes that actually drives the economy. There are hundreds of millions of us. Trying to further saturate the upper economic tiers has already been tried and it is failing!

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Response to ErtBob (Reply #3)

Sun Jun 24, 2012, 10:58 AM

6. Exactly

The definition of the private sector varies depending on who is talking.

The corporations are doing fine because they are squeezing the worker.

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Response to liberal N proud (Original post)

Sun Jun 24, 2012, 10:45 AM

4. All he has to do is show that cutting government workers and spending

is exacerbating our problems while corporate profits are at record levels. But that is probably ruled unwise by his third way handlers.

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Response to liberal N proud (Original post)

Sun Jun 24, 2012, 10:50 AM

5. "It's Annoying At Best"...

...and that's what it's supposed to be. These ads are supposed to get under your skin and piss you off. The hope is to piss off enough voters who will either let the lies absorb and blame President Obama and Democrats for the bad economy or energize the base to make sure they don't stay home (still a very big problem).

The deal with the "Big Lie" that the rushpublicans have mastered so well is to say it often enough and loud enough. Truth be damned as the end justifies the means...power at all costs. Expect more of these ads and even more strident as we get closer to November. We're dealing with caged animals here...they will make a lot of noise. The American voters have the choice this November to keep this beast that ruined the economy and social order from 2001-09 in the cage or let it loose again.

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