it is the economy, stupid.
senator john mc cain has stated, for the record, that he "doesn't know much about the economy" and thus he signed up phil graham to be an economic advisor. phil's advice to americans, "quit whining." you lost your job, can't afford both food and gasoline so either you don't eat and use car to look for job or eat and walk to job interviews but don't you fucking whine about it you little liberal loser you. professor graham then said this wasn't a real recession but, are you ready?, a "mental recession." soooo, obviously you have just imagined you lost your job and can't afford both food and gasoline. just tell the kids that hunger in their stomach is just their imagination.
senator mc cain said that graham doesn't speak for him and that he speaks for himself and he alone.
right, that he does. so when he was speaking for himself, senator mc cain said, "i don't know much about the economy." and we are back to square one. and that square is where the election is going to be won or lost. it is, as bill clinton's campaign said, "the economy, stupid."
the economy must not only be faced as an election issue; it must be faced with some honesty for a change instead looking at it through partisan-tinted glasses. whoever is in office must be willing to put all options on the table and then get advice from a wide spectrum of intelligent, knowledgeable people FROM ALL SIDES and then, and then only, go full tilt boogie on stabilizing the economy and getting americans back to work. it is the economy, stupid!
bush and his gang of treasury robbers have started two wars without ever raising taxes. only time in american history, i might add. they kept the war spending out of the budget so as to hide the ENORMOUS DEBT we are incurring. that debt is what makes the dollar fall. the dollar falling is one of the main reasons for the gasoline price increases. (bush did give a tax break to the most wealthy of us though, gotta take of one's own is his creed.) so the dollar must be stabilized. it is the economy, stupid.
the housing market collapsed (or are we imagining that, phil, old buddy?) and repercussions are still being felt. the collapse affected millions of jobs; from construction to financing. millions. each job lost affects the prospects of the jobs still there. if your customers are laid off, your business suffers and soon you may be laying off your staff and then, one horrible day, you have to lay yourself off. those construction jobs are an incredible value to the country. that wall street broker has nothing to do if joe worker is laid off. let me put it this way, we can do without wall street brokers but we cannot do without our construction labor force. the making of a "thing" creates real wealth, brokers just move money around; they make not a single "thing". as they move the money around, they keep some. (now, that "money" may be used to finance some new company that will, in some way, make "things" but the money was generated by a labor force.) construction must start up again. it's the economy stupid.
many reasons are given for the housing market collapse but, in my mind, greed was the main factor. the price of homes went up through the roof and, in doing so, priced homes out of reach of the working people. it seemed as though everyone in the housing market for the boom years wasn't looking for a nice place to live but some house where they could double their money. the housing market isn't going to take off again until the prices of existing homes come down to "what they are really worth". (the home i live in supposedly tripled in 4 years. rhonda would say 'our house is now worth .......' and i would say, 'no it is not'.) a house is 'worth' only what someone will pay for it and what someone will pay for a house is based on what they can afford. you look at the breakdown of income levels in america and you see that MOST people are middle class or lower and therefore MOST homes must be priced at their level. if you price your home above the income level of your neighborhood you won't make a sale in a normal market. a normal market is what we need. if incomes were going up 20% per year then home prices could rise accordingly but in the recent "boom" incomes were mainly stagnant while home prices soared. that doesn't work over any period of time. never has, never will. it's the economy stupid.
oddly enough, the republicans, who espouse a smaller government, no debt and no intervention in foreign affairs have been the main culprits as far as expanding government and deepening the debt. (the foreign affairs thing is pretty obvious, what with iraq and all). we must focus on the united states of america; we must get our financial ship in order and put our people to work. it is the economy stupid.
the oil price crisis must be addressed. we are a very large nation and so goods and people sometimes have to go great distances. because of our spending billions, if not trillions, of dollars subsidising the automobile industry and the oil industry we are far behind other countries when it comes to public transportation. we could put a lot of peope to work in CONSTRUCTING a national train system for both states and cities and we should use electrical power to move those trains. france can build an electical train that goes 200 mph, so can we. drilling for oil off our coasts would do nothing to wean us off oil and no oil would come on line for at least 7 years and would then go into the world market and not affect us at all. the oil companies have millions of acres off shore already under lease and are not drilling. i think we need to put our money into the future, wave power, solar power, wind power all generate electrical power. hydrogen power, to this very unscientific mind, looks to be very promising. if nothing else, employ a million people to build a million wind mills. it's the economy, stupid. not only today's economy, but our future's economy. we cannot build a 21st century country using early 20th century ideas and models.
there are no easy answers out there. we need leaders and great thinkers to get us going in the right direction, i hope we elect one this year.
senator mc cain said that graham doesn't speak for him and that he speaks for himself and he alone.
right, that he does. so when he was speaking for himself, senator mc cain said, "i don't know much about the economy." and we are back to square one. and that square is where the election is going to be won or lost. it is, as bill clinton's campaign said, "the economy, stupid."
the economy must not only be faced as an election issue; it must be faced with some honesty for a change instead looking at it through partisan-tinted glasses. whoever is in office must be willing to put all options on the table and then get advice from a wide spectrum of intelligent, knowledgeable people FROM ALL SIDES and then, and then only, go full tilt boogie on stabilizing the economy and getting americans back to work. it is the economy, stupid!
bush and his gang of treasury robbers have started two wars without ever raising taxes. only time in american history, i might add. they kept the war spending out of the budget so as to hide the ENORMOUS DEBT we are incurring. that debt is what makes the dollar fall. the dollar falling is one of the main reasons for the gasoline price increases. (bush did give a tax break to the most wealthy of us though, gotta take of one's own is his creed.) so the dollar must be stabilized. it is the economy, stupid.
the housing market collapsed (or are we imagining that, phil, old buddy?) and repercussions are still being felt. the collapse affected millions of jobs; from construction to financing. millions. each job lost affects the prospects of the jobs still there. if your customers are laid off, your business suffers and soon you may be laying off your staff and then, one horrible day, you have to lay yourself off. those construction jobs are an incredible value to the country. that wall street broker has nothing to do if joe worker is laid off. let me put it this way, we can do without wall street brokers but we cannot do without our construction labor force. the making of a "thing" creates real wealth, brokers just move money around; they make not a single "thing". as they move the money around, they keep some. (now, that "money" may be used to finance some new company that will, in some way, make "things" but the money was generated by a labor force.) construction must start up again. it's the economy stupid.
many reasons are given for the housing market collapse but, in my mind, greed was the main factor. the price of homes went up through the roof and, in doing so, priced homes out of reach of the working people. it seemed as though everyone in the housing market for the boom years wasn't looking for a nice place to live but some house where they could double their money. the housing market isn't going to take off again until the prices of existing homes come down to "what they are really worth". (the home i live in supposedly tripled in 4 years. rhonda would say 'our house is now worth .......' and i would say, 'no it is not'.) a house is 'worth' only what someone will pay for it and what someone will pay for a house is based on what they can afford. you look at the breakdown of income levels in america and you see that MOST people are middle class or lower and therefore MOST homes must be priced at their level. if you price your home above the income level of your neighborhood you won't make a sale in a normal market. a normal market is what we need. if incomes were going up 20% per year then home prices could rise accordingly but in the recent "boom" incomes were mainly stagnant while home prices soared. that doesn't work over any period of time. never has, never will. it's the economy stupid.
oddly enough, the republicans, who espouse a smaller government, no debt and no intervention in foreign affairs have been the main culprits as far as expanding government and deepening the debt. (the foreign affairs thing is pretty obvious, what with iraq and all). we must focus on the united states of america; we must get our financial ship in order and put our people to work. it is the economy stupid.
the oil price crisis must be addressed. we are a very large nation and so goods and people sometimes have to go great distances. because of our spending billions, if not trillions, of dollars subsidising the automobile industry and the oil industry we are far behind other countries when it comes to public transportation. we could put a lot of peope to work in CONSTRUCTING a national train system for both states and cities and we should use electrical power to move those trains. france can build an electical train that goes 200 mph, so can we. drilling for oil off our coasts would do nothing to wean us off oil and no oil would come on line for at least 7 years and would then go into the world market and not affect us at all. the oil companies have millions of acres off shore already under lease and are not drilling. i think we need to put our money into the future, wave power, solar power, wind power all generate electrical power. hydrogen power, to this very unscientific mind, looks to be very promising. if nothing else, employ a million people to build a million wind mills. it's the economy, stupid. not only today's economy, but our future's economy. we cannot build a 21st century country using early 20th century ideas and models.
there are no easy answers out there. we need leaders and great thinkers to get us going in the right direction, i hope we elect one this year.
posted by Ron Shock | 10:59 AM
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