fan****ingtastic
must be obama's fault.
must be obama's fault.
S&P just downgraded us from AAA to AA+
- Thread starter chillindrdude
- Start date
Perfect
fan****ingtastic
must be obama's fault.
Can we get Syadasti in here to tell us if this is ironic or not?
am I allowed to rep a spammer?
Interesting parsing of the S&P's press release on FrumForum.
edit: And this little tidbit from the WSJ:
Thanks teabaggers....S&P said:
edit: And this little tidbit from the WSJ:
WSJ said:
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Not always..it goes further back than this, there has always been debate and "brinkmanship"..
They just make it more WWE-esque, that's all.
And from waaaay back last year, prior to the elections this past fall...
To this week, when it was decided that it's too far gone to blame Bush, this:
White House Blames Japanese Tsunami for Economy
Who remembers "It's the economy, stupid" that made Willie an actual pretty good President...
July 2010 interview
To this week, when it was decided that it's too far gone to blame Bush, this:
White House Blames Japanese Tsunami for Economy
Who remembers "It's the economy, stupid" that made Willie an actual pretty good President...
what a joke.
So on that theory, then Clinton should blame Reagan for the robust economy under his Presidency.
Pretty sure the sticker "downgraded for first time in US history" is going to stick to Obama, regardless of the fact that it's silly to blame any President for economic issues, good or bad. I blame this solely on the idiots at the other end of Penn Ave.
^^^^Yeah, that's what makes me so depressed about the entire situation. The Tea Party **causes** the downgrade (by the words of John Chambers, chairman of S&P's sovereign ratings committee), and some people seem to think that it's somehow Obama's fault.... Give me a break.
As for Clinton/Reagan, the boom started ~1995, or about 7 years *after* Reagan left office. If we have another calamity in 2015 (or 7 years after Bush leaves office), I won't blame Bush. Deal?
edit: Just noticed that you place the blame entirely on the people at the other end of Penn Ave.
As for Clinton/Reagan, the boom started ~1995, or about 7 years *after* Reagan left office. If we have another calamity in 2015 (or 7 years after Bush leaves office), I won't blame Bush. Deal?
edit: Just noticed that you place the blame entirely on the people at the other end of Penn Ave.
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leadership...that word gets thrown around like a thai whore in a frat house.
Boehner certainly didn't show any when he couldn't get his house in order. A buncha career (and i thought shrewd and savvy) politicians got their f-ing marching orders from freshman congressmem and a fringe pseudo-organization? (Tea Party). You're a f-ing JOKE.
Why does a President get all the blame for a ****ty economy?!!? It's not like he is personally setting monetary policy. He didn't make those subprime mortgages. He didn't overvalue and speculate the crap out of the housing market.
Bush Jr certainly didn't cause the crappy economy, the bursting of the housing bubble did. But the cost of 2 wars and tax breaks certainly didnt help it get better. He saw the recession hammer coming down at the end of his presidency and started the gov't bailout ball rolling, with the support of republicans.
Now republicans are saying TARP and all those bailouts were a mistake. and the economy is worse for it. Really? are you jackoffs PHDs in economics???? or maybe have a real Crystal Ball that no one knows about??? MAYBE the economy would really be in the crapper if those bailouts didn't happen. WHO knows?!!? and to stand on your soapbox saying that after 2yrs of "Obama-nomics" has failed is just grandstanding. Really? even if Obama was the Einstein of economics and could wave a magic wand, you really think that it would only take 2 yrs for us to recover from a recession nearly as bad as the Great Depression?
I think uncertainty is causing investors and corporations to hold on to their cash, causing a crappy stock market and not hiring. this debt ceiling bull-sht, cemented this uncertainty. so thank you Tea Baggers and GOP douchers.
Boehner certainly didn't show any when he couldn't get his house in order. A buncha career (and i thought shrewd and savvy) politicians got their f-ing marching orders from freshman congressmem and a fringe pseudo-organization? (Tea Party). You're a f-ing JOKE.
Why does a President get all the blame for a ****ty economy?!!? It's not like he is personally setting monetary policy. He didn't make those subprime mortgages. He didn't overvalue and speculate the crap out of the housing market.
Bush Jr certainly didn't cause the crappy economy, the bursting of the housing bubble did. But the cost of 2 wars and tax breaks certainly didnt help it get better. He saw the recession hammer coming down at the end of his presidency and started the gov't bailout ball rolling, with the support of republicans.
Now republicans are saying TARP and all those bailouts were a mistake. and the economy is worse for it. Really? are you jackoffs PHDs in economics???? or maybe have a real Crystal Ball that no one knows about??? MAYBE the economy would really be in the crapper if those bailouts didn't happen. WHO knows?!!? and to stand on your soapbox saying that after 2yrs of "Obama-nomics" has failed is just grandstanding. Really? even if Obama was the Einstein of economics and could wave a magic wand, you really think that it would only take 2 yrs for us to recover from a recession nearly as bad as the Great Depression?
I think uncertainty is causing investors and corporations to hold on to their cash, causing a crappy stock market and not hiring. this debt ceiling bull-sht, cemented this uncertainty. so thank you Tea Baggers and GOP douchers.
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this Norquist loser and this pledge of not raising taxes. Why now GOPers? from all the back room dealings, coziness with lobby-ists and special interests, and gay sex in airport bathrooms, you've left broken promises after broken promises. So again, why now are you donning a boy scout uniform with this one measly "pledge"?
you know what i think? and only a very few has even said this. The GOP relished/wanted this manufactured crisis. They wanted the economy to tank even more. This was their ticket to tarnish this Presidency. There was no sex scandal, no illegal quid-pro-quo to hang their hat on with Obama. This was their GOLDEN TICKET.
WAKE THE F UP AMERICANS, the GOP doesn't care about you, your financial troubles, or your health, they care about ONE thing and ONE thing ONLY, to get a republican president into office.
you know what i think? and only a very few has even said this. The GOP relished/wanted this manufactured crisis. They wanted the economy to tank even more. This was their ticket to tarnish this Presidency. There was no sex scandal, no illegal quid-pro-quo to hang their hat on with Obama. This was their GOLDEN TICKET.
WAKE THE F UP AMERICANS, the GOP doesn't care about you, your financial troubles, or your health, they care about ONE thing and ONE thing ONLY, to get a republican president into office.
Preaching (mostly) to the choir. Those that don't agree will need more than a reasoned and well-thought-out argument to change their mind...
It's not just uncertainty. It's certainty that the economy is pretty ****ty, not only here but throughout southern Europe.
As I posted over on Google+, the employment to population ratio reveals that headline unemployment numbers are bunk:
many employers was listing in their want ads that a job applicant must be currently employed or have been employed in the last 3 months.
to cover their asses against discriminatory lawsuits, many have started leaving that out, but the practice is rampant amongst recruiters and hiring directors.
this f-in' gets me fired up!
to cover their asses against discriminatory lawsuits, many have started leaving that out, but the practice is rampant amongst recruiters and hiring directors.
this f-in' gets me fired up!
In 2007 the unemplyoment rate was 4.6%, and it's now "theoretically" down to 9.1%, or 4.5% difference. Your chart shows a change from 63% employed down to 58% employed, or ~5% difference. Unless I'm missing something?It's not just uncertainty. It's certainty that the economy is pretty ****ty, not only here but throughout southern Europe.
As I posted over on Google+, the employment to population ratio reveals that headline unemployment numbers are bunk:
2000's 4.0% unemployment and 2007's 4.6% unemployment were very different things to begin with, as the employment-population ratio never hit its peak. There are millions of discouraged and underemployed workers, only reflected by the U-6 alternative measure and in the employment-population ratio.
I am guessing knee pads are in order. Too bad they are killing off the congressional page program, they would be good for that.
The issue here is if you are a "professional" and have been eliminated with little or no real skill, many will not find work in that field because people with ACTUAL experience already has it.many employers was listing in their want ads that a job applicant must be currently employed or have been employed in the last 3 months.
to cover their asses against discriminatory lawsuits, many have started leaving that out, but the practice is rampant amongst recruiters and hiring directors.
this f-in' gets me fired up!
In 2001 when IT took a sh!t, I spent 6 months unemployed, then took a job driving a tow truck (I am a software engineer). Not only did it keep me from being labeled "unemployed", but I made more than I did on unemployment AND had medical for me and my family.
In less than a year the market leveled off and hiring started to come back. But it was my ability to adapt that kept me off the black list of folks who are considered unemployable because they simply don't have a job.
I am all for holding out for the job you want, but there is nothing wrong with doing SOMETHING other than celebrate your status as a land baron in Farmville like others I know.
I don't know about you, but I'm loving my vacation. That being said though, I'm getting a really good monthly clip. It's kind of hard to find a job that actually brings in more than I currently am in doing nothing, to justify changing that plan.
Then again I am debating going back to school to get a BS in Mech Engineering, so...
Couldn't agree more.
Most of my experience is in finance, but after the last company I was working for fell apart, I took a job building A/C units for cars, while looking for another job in finance.
Patience paid off, got a new job I actually like and was able to keep the paychecks rolling in during that time.
