Photo credit: @julesdwit.
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Now that the conventions and summer vacations are over, the "real" campaigning begins. Susan Page, USA Today Washington bureau chief, looks ahead.
I don't see how a Catholic can vote for the president. The Church teaches us that there are five 'non-negotiables', that we can't under ordinary circumstances vote for a candidate who supports any one of these. President Obama enthusiastically supports 4, and hasn't had time to support the 5th:
(in no particular order)
1. abortion2. restraining religious freedom3. same sex marriage4. embryonic stem cell research5. euthanasia
ps. I'm not sure if you were being facetious or not, but printing money out of thin air to buy your own debt - called monetizing the debt and financial repression if you want to use Google - is not a good policy for the middle class or lower.
Interest rates are near zero because of the Federal Reserve. We are now buying our own bonds to keep the rates down with printed money. If we did not, and a bond purchase should fail due to lack of demand, rates would skyrocket. It is no longer the case that foreigners are falling over themselves to buy our debt any longer. If the Fed stepped out I can assure you rates would not be near zero. Also, guess what the calls for QE3 are about, buying an even greater amount of our own Treasuries with printed money, we wouldn't need to do so if there was such a great demand.
Whether people understand what is happening or now, the bill will come due soon enough.
Edward, I didn't think that Silvia was talking about personal borrowing. She's talking about fed' debt. As Cheney said, deficeits don't matter.
TP, Interest rates are near 0%, but LENDING RATES are not.
And when you borrow, you have to PAY BACK the loan. If you don't have a job, that's a bit of a problem.
People took mortgages for homes, then couldn't make the mortgage payments, and lost their homes.
To Ms. Page: I also thought Mr. Clinton's speech was terrific in explaining things simply and clearly, but your suggestion that the Affordable Health Care Act would be popular if he had been Chief Explainer requires thick rose-colored glasses looking at Clinton's own presidency. As I recall, he gave a wonderful address to Congress in 1993 (1994?) explaining his own health care proposal in simple and understandable terms, most memorably holding up a mock-up of the new government i.d. card which would guarantee public health care for every citizen. All the pundits loved the speech, with praise very similar to that given to him now. Only problem -- the plan wasn't adopted. It took President Obama to get that done 18 years later.
Silvia,Interest rates are almost 0%. other countries are practically paying us to loan money. there's never been a better time to borrow. and it's great that our own citizens hold most of this debt. what's your problem?
The setup of Clinton promoting Obama while Obama gets to be human and show humility was brilliant.
@Tom I am with ya...I'm not voting for either of the 2 big spender parties. I do not want to encourage them."
I expect you'll be voting for Neville Chamberlain AKA Ron Paul.
Ron Paul looks like one of the backwoods men from the movie Deliverance.
Gov Brian Schweitzer of Montana did mention guns, tho not explicitly about gun control. He was the only one I caught--aside from the Gabby Giffords' implication.
Everyone just agreed that the conventions are pointless, however the segment started by citing a 5 point poll bounce for Obama...i think that proves the convention may be more significant then we think
Seeing that "people with pre-existing conditions can get coverage", is a lot different than not being able to deny them coverage. He's not promising coverage.
@Tom I am with ya...I'm not voting for either of the 2 big spender parties. I do not want to encourage them.
The Clinton/Gore campaign slogan seems good today.
"It's Time for a Change"
Obamas 4 years of treading water doesn't do any good.
I hear a lot how the Romney plan doesn't add up, but no one applies any of the same logic to Obama's. We cant run trillion dollar deficits forever... we are already printing money in the Federal Reserve to buy our own bonds since China is backing off of us as a good bet... now lets talk about a ponzi scheme.
a boarder fence.... bigger govt.
deporting 12.5 million illegals... really bigger govt.
outlawing abortion... new bigger govt.
attacking Iran... even more bigger govt.
increased military spending... more bigger govt.
Republicans are NOT against bigger government. They just want their own bigger govt.
Romney and the SuperPAC'ers have pulled their TV ads in Ohio, Pennsylvania and Michigan. Shepherding resources or acknowledgment that the vote blocking fix is in?
Tell it, Edward. And don't forget to add the flatscreen tvs. heck, you can't even buy a box set anymore. We're a very rich society.
And if I hear one more republican bring up the number of people who dropped out of the job market this month, i'll blow my top. Folks, these thousands of people are students starting college back up. It's a natural, annual occurence.
Sect. of Explaining Stuff...so bigger government?
The economy can't be too bad if Apple can charge $400 for a smart phone, and millions of hollow eyed people can afford to buy an iPhone.
Sounds like a cult.
The GOP has been playing rope-a-dope with the American worker for at least the last forty years. When they hold the executive office 'deficits don't matter'. When they are out of power it's about the microeconomics and the red ink must be curbed. No one disagrees with them but the rational person does disagree on their priorities. By fixing unemployment first, most of the deficit would fix itself. But the GOP would cut cut cut expenditures first, ignoring the impact to GDP and likely pushing the country back into recession. It makes no sense UNTIL you look at the impact on income distribution.
Since the moon landing, American wages have grown at half the rate of the overall economy. It has gotten to the point where the minimum wage worker of 1969 had commanded more goods and services from the existing economy than the average hourly worker does today. The middle class are being turned into the lower class. Wake up and see it.
"Although you’d never know it from political debate, worldwide experience since the financial crisis struck in 2008 has overwhelmingly confirmed the proposition that fiscal policy “works,” that temporary increases in spending boost employment in a depressed economy (and that spending cuts increase unemployment). The Jobs Act would have been just what the doctor ordered.
"But the bill went nowhere, of course, blocked by Republicans in Congress. And now, having prevented Mr. Obama from implementing any of his policies, those same Republicans are pointing to disappointing job numbers and declaring that the president’s policies have failed." - Paul Krugman, today's NYTimes
BEFORE BRIAN STARTS THE USUAL MSM/NPR SPIN FOR OBAMA ....
Let’s go back and look at the full economic picture released on Friday that “they” didn’t tell you about-
1) The paltry 96,000 jobs (vs. predicted 140-150,000) created actually was only 87,000 “new” jobs, since it included the 9,000 Con Edison workers who returned to work in New York after their labor dispute.2) The July total was revised downward to 141,000, from 163,000.3) The June number was revised down to 45,000 from 64,000.4) Manufacturing jobs actually DECREASED by 15,000 ... but Barry has assured us that they are doing well.
It's actually amazing to me that Axelrod hasn't been able to twist arms behind the scenes more violently to get these things to look better. Wait until the January numbers come out (if this guy gets re-elected) and they are no longer making frantic phone calls to the agencies and padding the figures.
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