Showing posts with label Mitt Romney 2024. Show all posts

Saturday, October 19, 2024

Sometimes it's not the economy stupid: Headline employment under Obama didn't recover until May 2014, but he got re-elected in 2012 anyway

Six years and four months went by: Jan 2008-May 2014.

And economic confidence actually declined from -11 in 2012 to -10 in 2014 when it did!

It's one of the craziest things in US political history, comparable to FDR getting re-elected throughout the Great Depression, which his economic experimentation only made worse.

By October 2012, 72% said the effects of the Great Recession were still the most important problem, compared to 43% today in October 2024, but it didn't matter that Obama wasn't solving it. He beat Romney anyway.

Is this one of those sometimes?

The same phenomenon may be happening today, but in reverse.

Harris stands to lose despite economic indicators which are chugging along in her favor, or at least not falling apart, to which those 43% seem oblivious.

Civilian employment in July and September 2024 remains near the November 2023 peak. Core inflation is still too high at 2.7%, but it isn't in the 5s anymore like it was for four straight quarters. Congress has thrown the book at the economy since 2Q2020, with nominal GDP growing at an astounding 9.84% compound annual rate because of pandemic spending. That's been a double-edged sword, however, exploding the national debt, inflation, and interest rates.

But economic confidence is Obama-like negative, and has been since it crashed during the pandemic in April 2020 to -32 from its highest level in 20 years under Trump just two months before, in February 2020 at +41.

Trump didn't shut down the economy in 2020, but governors sure did. It was a stark demonstration of just how quickly the wrong leadership can make everything go to hell in a hand basket overnight. The people today aren't wrong to lack confidence.

Ominously for incumbent VP Harris, Gallup thinks 2024 is most analogous to 1992, when Americans booted the incumbent Bush 41 even though the recession had ended more than a year before in 1991.

Majority of Americans Feel Worse Off Than Four Years Ago

WASHINGTON, D.C. -- More than half of Americans (52%) say they and their family are worse off today than they were four years ago, while 39% say they are better off and 8% volunteer that they are about the same. The 2024 response is most similar to 1992 among presidential election years in which Gallup has asked the question. ...

With a majority of Americans feeling they are not better off than four years ago, economic confidence remaining low, and less than half of Americans saying now is a good time to find a quality job, the economy will be an important consideration at the ballot box this year. As inflation persists and economic concerns dominate voters' minds, the upcoming election may hinge on which candidate can best address these pressing issues.

Monday, September 9, 2024

Stephen L. Miller doesn't have the faintest idea about how Republicanism lost its way

Guy who says Mitt Romney was decent man says get fucked you fuckers

Decent man says Paris Olympics opening ceremony mocking Christianity was great!

Decent man says government mandates, fines, and taxes are not worth getting angry about

Decent man says let autoworkers eat rust

Decent man was NeverTrump because he is NeverFight

Decent man inflames rioters and looters who go on to cause $2 billion in damage

Decent man says Antifa "No USA at all" is morally superior to Robert E. Lee admirers

Decent man says sodomy must be mainstreamed in America

Decent man can't define "assault weapons" but says they have to go

Saturday, September 7, 2024

When you have to write articles like this with eight weeks to go lol

How Kamala Harris Can Prove She’s Not a Flip-flopping Phony

Ed Kilgore, New York Magazine

Kamala Harris’s effort to depict herself as a candidate of safe but forward-looking change (as opposed to the decidedly unsafe and reactionary change represented by Donald Trump) has unsurprisingly spurred a host of GOP attacks on a cherry-picked assortment of unpopular or at least questionable-sounding policy positions from her past, ranging from support for a single-payer health-care system and sympathy for undocumented immigrants to opposition to fracking and to aggressive policing tactics.

Is Chris Cillizza, formerly of CNN, WaPo, Meet the Depressed, and PMSNBC cherry-picking?

I mean, most of these lists are incomplete because Harris' has left a LONG trail demonstrating her extreme leftism in speeches, interviews, tweets, policy statements from 2019, et cetera, and it's a daunting task to list them all. Any list of them will show an editor's bias about what's important in the editor's opinion.

But the idea from James Carville endorsed by Kilgore that Harris can just say she learned in the White House that spending $800 billion over ten years in the misnamed Inflation Reduction Act to reverse climate change was good enough when in 2019 she said it would take $1 trillion PER YEAR for ten years is just laughable.

LAUGHABLE.

That's hardly going to fly with the climate change left, let alone anyone else.

Ed Kilgore's just pretending that isn't the case. He's an enabler of Harris' silence in the face of the flip-flops.

Monday, March 11, 2024

They won't be voting for Mitt Romney

47% of parents still financially support adult children, study finds. Here’s how much they spend

Sunday, February 25, 2024

The progressive left in Chicago has had doubts for a long time about its current governor's heart on black people, some of whom think he's out to replace them with illegal aliens

Eric Zorn, here in 2018:

In a wiretap recording made by federal law enforcement officials investigating Blagojevich for public corruption and obtained by the Tribune, Pritzker was heard suggesting African-American Secretary of State Jesse White for the position: “Even though I know you guys aren’t like, you know, bosom buddies or anything, it covers you on the African-American thing,” he said. Pritzker said that White was “Senate material in a way that (Democratic state Senate President) Emil Jones isn’t. … He’s just, I don’t know how to say it exactly, but Emil’s a little more crass.” ...

Jones, who has not accepted Pritzker’s apology, brought up something Pritzker said in public that may prove even more damaging with Democrats and African-Americans. It was in a cable TV interview in early 2012, when Mitt Romney, Rick Santorum and Newt Gingrich were vying in the GOP presidential primaries and Obama had no serious opposition for re-election.

“Are you going to vote for this president?” asked the reporter.

“We’ll have to wait and see,” said Pritzker. “I don’t know who the nominee is going to be on the Republican side. … Ultimately, as in every election, it’s going to be a choice between two people and two parties that you’re not 100 percent behind. … You just have to pick … the best of a mediocre set of choices.”

So he considered Obama mediocre? So mediocre that he might vote Republican?