Economy shrinks at 3.8: It'll be interesting to see the Press Corps get laid off
Watching the White House Press Corps use right-wing talking points to attack President Obama's stimulus package over and over again got me thinking. I wonder how they would feel if most of them get laid off (except for Helen Thomas) and Gibbs takes questions from one source?
WASHINGTON (AP) -- The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending.
Since Americans voted overwhelmingly for Obama and not to trust Conservative ideology to try and repair the damage caused by conservative ideology, it's very frustrating when the media simply ignore the damage they have done as Obama is trying to get his package off the ground.
A new poll in support of the stimulus plan:
A new poll by Democratic pollster Stan Greenberg.
A survey of 1,200 voters in 40 traditionally Republican congressional districts now held by Democrats Greenberg's firm conducted between Jan. 14 to 19 shows Obama's post-election honeymoon reaching a rapturous stage, with 44 percent of voters strongly supporting his policies.
A full 64 percent favor his economic plan, compared to 27 percent against. And precisely that same proportion favors the stimulus in 13 states that are expected to have competitive Senate races in 2010: Kentucky, Florida, Missouri, North Carolina, New Hampshire, Pennsylvania, Louisiana, Colorado, Ohio, Kansas, North Dakota, Wisconsin and Illinois.
Greenberg says an incumbent's support for the economic plan appears to make voters more likely to reelect the lawmaker -- particularly good news for the 20 or so Democrats who in November captured districts that former President Bush carried in 2004. He said one-third of Republicans and two-thirds of independents are leaning with Obama's general goals on the recovery.
"If the Republican Party's goal is to cheer Rush Limbaugh, they're welcome to," Greenberg told a group of reporters, alluding to the radio talk-show host who's referred to the economic package as a "porkulus" bill.
So many people are hurting right now in this country and our media stacked the TV deck with Republicans last week so they could make up a phony argument that blames Nancy Pelosi for their no votes instead of their ideological/obstructionist play that the media knows is the root cause of their no vote. Let's see what happens next week. Will the media give equal opportunity to the Democratic Party to explain their positions? The country is still very much behind President Obama.
bring them all home.
End the illegal wars immediately!
statusquObama, change you can only pretend in
Of course, it was because everyone was fearing an Obama Presidency, and the "Obama Recession."
.......unless of course it was Bill Clinton's fault.....
Sounds like the planet Limbaugh was born on.
I hope most people know that most "pork" isn't all that bad, usually it means money & jobs for the district the congressperson comes from.
My take: Both parties suck.
Then who do you support. What candidates are you getting behind?
[TheTruth, TheTruth, TheTruth, tsk, tsk.
Why are you so rude? Is it the anonimity the internet affords you? Is it the fact that you were never taught any manners? C&L is John Amato's blog. Would you behave the same as a guest in someone's home?
We welcome criticism, your packaging of it puts you at issue with our acceptance of your whinge. Deleted-Sitemonitor]
[Deleted. Off topic-Sitemonitor]
[Deleted. Off topic-Sitemonitor]
Study the symptoms not the virus...
so correct.
[Deleted. Off topic-Sitemonitor]
He's a lot smarter and more in tune with Americans than anybody currently on television right now, except maybe Rachel Maddow.
"I wonder how they would feel if most of them get laid off"
Yes!! Oh, please God, please......
Americans want jobs, income, basic needs.
To achieve this, we must send bombs into Afghanistan.
You must be smart to understand this.
Really smart.
Otherwise, you'll ask questions.
It's time to stop pretending we have an independent media in this country. The media is owned and run by the corporations and their interests -- and there is no point in not calling a spade a spade.
We haven't watched television in over 15 years. There's a reason for that.
*
Most the others as well! I kinda like that Cristie I am Poor :-P
Amended: Iraq on high alert for election day violence
> http://news.yahoo.com/s/afp/20090130/wl_afp/i...
Study the symptoms not the virus...
who cares about them? i don't watch them at except for the funnier bits posted here.
i hope they all get laid off
...he uses big words like 'particularly' and 'delicatessen.' -- Jack
STIMULUS
The Recovery And Reinvestment Act
Guides to where you'll see the money go...and when.
BY CATEGORY
http://money.cnn.com/galleries/2009/news/0901...
http://money.cnn.com/galleries/2009/news/0901...
http://money.cnn.com/galleries/2009/news/0901...
http://money.cnn.com/galleries/2009/news/0901...
http://money.cnn.com/galleries/2009/news/0901...
http://money.cnn.com/galleries/2009/news/0901...
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Putting The Middle Class First
Joe The VP speaks up for Joe Sixpack
http://blogs.usatoday.com/oped/2009/01/time-t...
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via randi's homework page:
http://therandirhodesshow.com/index.php?/arch...
Obama is trying to get his package off the ground.
what god wants, god gets! god help us all.
I had no idea it was so large.
me-oww!
This has nothing to do with the GOP. Unless you equate the GOP with the Fascist/Corporatist party. This has everything to do with protecting Corporatism/Fascism. Who owns the media? Time Warner, Disney, Murdoch/News Corp. These Corporations are there for one reason, to make profit at the expense of the middle class. People need to realize this...this is not Republicanism or Free Market...when you hear these words...this MEANS FASCISM. Thank you for your time.
bankrupt a multibillion dollar bank or insurance company and get a huge bonus. What do you get if you try theft under $1000?
Wal-Mart worker, customer charged with rollbacks
NATCHEZ, Miss. - A Wal-Mart employee in Mississippi is accused of rolling back prices - way back - on about $550 worth of merchandise.
Natchez Police say 20-year-old Erica Marie Jones was arrested Thursday and charged with theft, along with 22-year-old customer Tiffany Williams.
Police say Jones charged Williams $5.25 for a load of merchandise that included seven pairs of jeans, a baby crib, laundry detergent, diapers, pizza, coffee and beef.
The actual total of the haul would have been $547.50.
The two women were being held Friday without bond pending court appearances. It was not immediately known if they had retained attorneys.
So from a moral standpoint is stealing from Wal-mart wrong but stealing from the American people OK?But legally its not right to steal from Wal-?mart but it's legal to steal from the American People ?It cracks me up that they use the word "haul" like it was billions or precious gems.So these girls will pay for their crime but fat cats will remain as fat as ever
The American Economy -
IS NOT COMING BACK.
http://www.counterpunch.org/lindorff01302009....
Over the last 20 years, America has degenerated into a nation of consumers, with 72 percent of Gross Domestic Product (sic) now being accounted for by consumer spending—most of it going for things that are produced overseas and shipped here.
That is not an economic model that is sustainable, and it is a model that has just suffered what is certainly a mortal blow.
What we are now seeing is the beginning of an inevitable downward adjustment in American living standards to conform with our actual place in the world. As a nation of consumers, and not producers, with little to offer to the rest of the world except raw materials, food crops, military hardware and bad films (none of which industries employ many people), we are headed to a recovery that will not feel like a recovery at all. Eventually, productive capacity will be restored, as lowered US wages make it again profitable for some things to be made here at home again, but like people in the 1930s looking back at the Roaring 20s of yore, we are going to look back at the last two decades as some kind of dream.
According to this chart of military spending by countries of the world
The USA spent $623 Billion In the 08 budget on its Military. The whole rest of the world spent approx $500 billion In Total! This has got to end. What is The US so afraid of? Think of all the good even a quarter of that money could do. Healthcare for all?
I work in a factory and my wages are not even close to sustaining myself.I live with my four kids-two grown and helping to support the house hold.I have two still in school, and would be willing to work, but laid off adults are filling that role.My ex quit paying support when he lost his job.We live in a 2 bedroom house because that's what we can afford.We have 1 household vehicle that is used.My grown children do not drive it because we can't afford the insurance.We do not have cable nor a land line except for the computer on which I'm using because I feel It's vital for my children to have access to unpolluted information.We go to work, school, come home.The standard of living wage is based on an antiquated formula devised many years ago.It needs to be updated.We do not live beyond our means.WE would just like to be able to live comfortably.It would be wonderful if my sons could strike out on thier own.If my ex got a job and resumed payments. If I could just support myself at the job I work hard at with no one else expense...
Actually, its much worse than people think.
The 3.8% decline is a false number, as it includes inventories. If you take away inventories, its more or less a 5.5% decline... That's a problem. Of course, I do find it funny you don't hear this through many outlets, except the FT and Bloomberg... I am going to take a stab and say the MSM believes "regular folk" would either not understand the comparison or make them feel too depressed. Love that filter!
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