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Reply #: As far as whether Obama's motives were indeed to help Democrats in midterms, [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-01-13 06:22 AM
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As far as whether Obama's motives were indeed to help Democrats in midterms,
check out this article, also from November 2009:



As Obama administration focuses on deficits instead of jobs, Democratic majority circles the drain
by: Chris Bowers
Fri Nov 13, 2009 at 16:09

Quick thought experiment--which of the following two scenarios would put Democrats be in a better position for the 2010 midterm elections?

Shrinking deficits, with stagnating unemployment;

Shrinking unemployment, with stagnating deficits.

You would have to be living in a pretty walled-off, abstract world to think that voters care more about the deficit than unemployment. Not only should the far greater importance of jobs be obvious on a gut level to anyone with a job in politics, but polling currently shows more than three times as many people citing jobs and the economy as the top national issue than cite spending and the deficit.

In order for Democrats to avoid a Republican landslide in 2010, creating jobs is far more important than reducing the deficit. This is especially the case given that unemployment is not expected to drop at all until next summer, at the earliest. If you think polling is worrying for Democrats now, and you would have good reason to think that it is, imagine what the polls will look like after another eight or nine months of 10% unemployment. Wipeout city.


http://www.openleft.com/diary/16026/as-obama-administra...


Gee, Bowers did not even have to wait for 2010 midterms, or for 2013, when a 28 year old UMass grad student exposed champions of austerity, Carmen Reinhart and Kenneth Rogoff. (I again remind you that I believe the true, and only, function of economists is to let us know how justified our leaders are.)

So, there is Obama's 5% across the board cut proposal floated in 2009, and here is a 2013 article saying Reinhart and Rogoff became famous in 2010. Hmmmm. do you suppose there's a connection between those two things?

http://www.alternet.org/economy/meet-28-year-old-studen...

As an aside: Oddly enough, the alternet site offers many negative articles about Obama. Yet, whenever I go to the site, the site asks me to sign some internet petition or another that supports Obama. Today, it was "I heart Obamacare." snort

:wtf: do you suppose that is all about?

(Putting aside that signing an internet petition is the biggest joke on internet users that I can think of.)

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