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Why is there a disconnect between the "recovery", and Obama's ratings?
Posted on 12/3/14 at 1:00 pm
Posted on 12/3/14 at 1:00 pm
Unless gallup, abc, etc only poll republicans and conservatives in their weekly approval rating surveys, why is Obama so underwater on economic job approval if we are in the midst of a "recovery"?
Somebody is right, and somebody is wrong. The answer, in my view, is that underemployment and labor force rates are artificially making the picture more rosy, as people either give up or accept retail/food service jobs.
Or it could be the wage/income data which shows that Americans are still taking home less than they were before the recession.
But it makes very little sense for a president in the midst of a "recovery" to have economic approval ratings of -25. That's bush levels.
Somebody is right, and somebody is wrong. The answer, in my view, is that underemployment and labor force rates are artificially making the picture more rosy, as people either give up or accept retail/food service jobs.
Or it could be the wage/income data which shows that Americans are still taking home less than they were before the recession.
But it makes very little sense for a president in the midst of a "recovery" to have economic approval ratings of -25. That's bush levels.
9
Posted on 12/3/14 at 1:03 pm to HailHailtoMichigan!
But people are expecting a bounce. A takeoff. It hasn't happened yet.
Posted on 12/3/14 at 1:05 pm to HailHailtoMichigan!
quote:
"recovery"?
according to who?
Posted on 12/3/14 at 1:06 pm to HailHailtoMichigan!
Hard to convince a former factory worker currently working at a convenience store that a recovery is afoot.
Posted on 12/3/14 at 1:07 pm to HailHailtoMichigan!
Impossible to really know the answer to that. You can only offer speculation.
That said, here's mine: perhaps many are convinced that although a recovery exists, it has been hindered rather than helped by Obama.
That said, here's mine: perhaps many are convinced that although a recovery exists, it has been hindered rather than helped by Obama.
Posted on 12/3/14 at 1:08 pm to HailHailtoMichigan!
It's been the most jobless "recovery" in the history of recoveries. It's not affecting the middle class' bottom line, so therefore, credit is neither given nor warranted, IMHO.
On a macro scale, government revenues through the roof, historically (continuing to extract money from the private economy at record rates) and yet debt will have tripled by the time the 8 years of Obama are thankfully past us (wasted on fuzzy, liberal pork projects like "shovel ready" jobs, green energy, etc, which only served to enrich Democrat donors, not improve the situation of Democrat voters and mainly the incredibly, yet inexplicably, loyal 95% or thereabouts, black voters.)
Any questions?
On a macro scale, government revenues through the roof, historically (continuing to extract money from the private economy at record rates) and yet debt will have tripled by the time the 8 years of Obama are thankfully past us (wasted on fuzzy, liberal pork projects like "shovel ready" jobs, green energy, etc, which only served to enrich Democrat donors, not improve the situation of Democrat voters and mainly the incredibly, yet inexplicably, loyal 95% or thereabouts, black voters.)
Any questions?
Posted on 12/3/14 at 1:09 pm to Ace Midnight
quote:
It's not affecting the middle class' bottom line, so therefore, credit is neither given nor warranted, IMHO.
The recovery has just helped the rich
Mysteriously everyone around here feels sorry for the rich and their tax burden though
Posted on 12/3/14 at 1:10 pm to Powerman
quote:Didn't know middle class folks were not allowed to invest money in the stock market..........
The recovery has just helped the rich
Posted on 12/3/14 at 1:10 pm to HailHailtoMichigan!
quote:
"recovery"
Posted on 12/3/14 at 1:12 pm to HailHailtoMichigan!
quote:
Didn't know middle class folks were not allowed to invest money in the stock market..........
Not only are they allowed to invest but they can also get taxed like Warren Buffet on their capital gains.
Posted on 12/3/14 at 1:16 pm to Powerman
quote:Strawman alert.
Mysteriously everyone around here feels sorry for the rich and their tax burden though
I don't feel sorry for them and the argument that being against taxing them means one feels sorry for the is ignorant.
I didn't feel sorry for the rich people when they had to pay the stupid as frick luxury tax in 1990. I did however feel sorry for the thousands of regular folks who lost their jobs because of it.
People don't get it. Sure, you take an extra $5K from a guy making $500K per year and he is barely going to even note the change. Maybe he'll buy one less "toy" or go on one less vacation. For him, the adjustment will be exceedingly minor.
For the guy who would've sold him the toy, or been the recipient of a bonus, or owned the restaurant he would've dined in on vacation.........different story.
Posted on 12/3/14 at 1:17 pm to HailHailtoMichigan!
quote:
But it makes very little sense for a president in the midst of a "recovery" to have economic approval ratings of -25. That's bush levels.
Few things you got wrong in your OP (as usual)
1. You ignored the GDP growth which leads the world
2. Your intent was to minimize gains in employment and the economy
3. You did so by lying claiming Obama is at -25, Bush levels. Today he's at -15 and has never come close to Bush's lowest levels
Now if you actually want to ask a non hack ? Do so
Posted on 12/3/14 at 1:22 pm to Vegas Bengal
Good job Bengal, I thought I was the only one that called him a hack.
Posted on 12/3/14 at 1:24 pm to 56lsu
I asked a question, I gave my answer, and I invited others to give their answer as well.
ooohhhhh such a hack!
ooohhhhh such a hack!
Posted on 12/3/14 at 1:24 pm to Vegas Bengal
quote:
Now if you actually want to ask a non hack ? Do so
That's adorable
Posted on 12/3/14 at 1:27 pm to Vegas Bengal
quote:
1. You ignored the GDP growth which leads the world
The U.S. GDP leads the world but we do not lead in GDP growth
Posted on 12/3/14 at 1:30 pm to Erin Go Bragh
quote:
The U.S. GDP leads the world but we do not lead in GDP growth
Nope, not even remotely close
Vegas' shitty, bitchy argument in tatters, as usual
Posted on 12/3/14 at 1:32 pm to 90proofprofessional
Vegas Bengal is quite a character. She claims she used to be a staunch republican, but then switched parties in 2008.
Posted on 12/3/14 at 1:39 pm to HailHailtoMichigan!
Obama is averaging in the lower 40s LINK one of maybe 10 or 15 polls will have him at 39. Those are anomalies if you click the link.
Meanwhile at this time in Bush's presidency he was in the upper 30s and a poll breaking 40 was an anomaly LINK
Now why is Obama in the lower 50s rather than at day 51% for Reagan at this time or Clinton who was even higher? BC Obama's PR team bites.
Lemme give you a history lesson... clintons presidency started out as the worst amateur hour comedy in history. He could do no right. I believe he had 2 or maybe 3 AG appointees fail. Didn't get an AG for a year into office. His healthcare bill was a debacle. He pushed his deficit reduction plan through Comgress without a single Republucan vote. Rush and his cronies said it was the largest tax increase in history and will destroy the economy.
1994 rolls around to record losses in the House and Senate. Clinton cleans house. Hires David Getgen who had worked with 3 Rep presidents. The new Clinton was in the news every day giving good news. Either giving a medal to someone or announcing a grant or hailing a success story... No more confrontation and only smiling Clinton. Gergen basically turned him into a Dencratic Reagan. A presidency of photo ops.
And it worked.
Obama's people couldn't sell a glass of ice water in Hell
Meanwhile at this time in Bush's presidency he was in the upper 30s and a poll breaking 40 was an anomaly LINK
Now why is Obama in the lower 50s rather than at day 51% for Reagan at this time or Clinton who was even higher? BC Obama's PR team bites.
Lemme give you a history lesson... clintons presidency started out as the worst amateur hour comedy in history. He could do no right. I believe he had 2 or maybe 3 AG appointees fail. Didn't get an AG for a year into office. His healthcare bill was a debacle. He pushed his deficit reduction plan through Comgress without a single Republucan vote. Rush and his cronies said it was the largest tax increase in history and will destroy the economy.
1994 rolls around to record losses in the House and Senate. Clinton cleans house. Hires David Getgen who had worked with 3 Rep presidents. The new Clinton was in the news every day giving good news. Either giving a medal to someone or announcing a grant or hailing a success story... No more confrontation and only smiling Clinton. Gergen basically turned him into a Dencratic Reagan. A presidency of photo ops.
And it worked.
Obama's people couldn't sell a glass of ice water in Hell
Posted on 12/3/14 at 1:43 pm to 90proofprofessional
You should read something other than Drudge. From LINK. Forbes
quote:
Joseph Lake, U.S. analyst for The Economist Intelligence Unit, described the U.S. economy as “in rude health, outperforming most countries in the developed world.” Lake pointed out that the U.S. economy has grown at an annual rate of more than 3% for four of the past five quarters, which he says suggests the country “is finally casting aside the shackles imposed by the financial crisis.” While the growth was distributed across most components Lake noted that government spending and net exports were among the strongest gainers but “their momentum is unlikely to persist
This post was edited on 12/3/14 at 1:45 pm
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