Think Progress

Consumer confidence lower than during 2001 recession.

On his blog, Paul Krugman writes today that “the plunge in consumer confidence in recent weeks is pretty startling.” Krugman says that, according to the University of Michigan index, “consumer confidence is now lower than it ever was during the 2001 recession and aftermath.”

krugmangraph1.jpg

According to Krugman, “bit by bit, the evidence is mounting that the wheels are coming off this economy.



221 Responses to “Consumer confidence lower than during 2001 recession.”

  1. RUCerious says:

    This is almost all the media’s fault for stirring up hysteria about the economy crashing.

    Oh, and Wall street too. And the traders. And investors.
    And you damn people for not spending more than you make.

    Oh, you do already.

    Well, then. uh….


  2. ralph the wonder llama says:

    RUC, don’t forget Clinton.


  3. Merlin says:

    If as stated, the economy has been kept afloat by the general public spending, then the dream is ending. The people have no longer got the cash or credit to follow the BushCo dictum. Spend and let us take care of everything.

    I can hear our fearless leader saying: “But Dick, they aren’t shopping! Why aren’t they shopping, Dick?” With the economy in the tank, BushCo is not only dead in the water, they are sunk!


  4. tombaker says:

    thanks, republican’ts

    thanks, not-very-bright-people-who-vote-for-republican’ts

    you guys really showed us.


  5. BushHater says:

    Let ‘em eat cake
    GW Bush


  6. Buckie Boy says:

    It’s the Liberals fault – Bush is a Liberal now according to the Repukes, so that makes it the Liberals fault.

    Oh, and all the Nazicons I know say they never voted for Bush now.

    Yeah, right.

    Buck Fush


  7. VerbalKint says:

    Well, it is universally recognized that Paul Krugman hates America, hates capitalism, and suffers from an extreme case of Bush derangement syndrome. Oh, and he hates Jews too, at least the good ones who advocate that America fights their wars against Iraq, Iran, and Syria. Even though he is a Jew. But he is a bad Jew. Or something like that. Joe-mentum!


  8. george eliot says:

    John McCain-more of the same!


  9. The Republic of Stupidity says:

    Oh, and all the Nazicons I know say they never voted for Bush now.

    Comment by Buckie Boy — February 15, 2008 @ 6:31 pm

    And that he’s a liberal… don’t forget that one, Buckie. It must be true. Keltoi was here pushing that point the other day.

    It’s not unlike the end of WW II, when all the Party members took off their arm bands and swastika lapel pins, and tried fading into the populace.


  10. The Republic of Stupidity says:

    Missed the first part of yer post, Buckie.


  11. Merlin says:

    And that he’s (Bush) a liberal…

    Comment by The Republic of Stupidity — February 15, 2008 @ 6:40 pm

    Boy, was that apparent over at the Michelle Malkin blog yesterday! There was one person who said the Huckster was liberal!!!


  12. GSD says:

    The GOP must be on the threshold of declaring Bush a fascist now that they are saying he’s a liberal!

    -GSD


  13. GSD says:

    Republic, speak of the devil. I can’t think of the last time I saw a W sticker.

    Someone else was talking about how all of the guys at the hunting club wanted to impeach Cheney.

    The S.S. ChimpenBush is taking on water fast. Watch for Dick Cheney and George W. Bush making a run for the lifeboats dressed as women.

    -GSD


  14. Merlin says:

    Watch for Dick Cheney and George W. Bush making a run for the lifeboats dressed as women.

    Comment by GSD — February 15, 2008 @ 6:46 pm

    LOL! I hope the paparazzi are there to record it for posterity.


  15. dixie blood says:

    GW Botch Recession 2.0 !!!

    Two time loser!!!


  16. Merlin says:

    GW Botch Recession 2.0 !!!
    Two time loser!!!

    Comment by dixie blood — February 15, 2008 @ 6:50 pm

    Only if you count recessions, Dixie. Throw in everything he has ever done and you can’t reach the end number.


  17. RUCerious says:

    Republic, speak of the devil. I can’t think of the last time I saw a W sticker.

    I see lots of razor blade scratches, rectangular in shape, on lots of late model trucks, cars and mostly SUVs….


  18. Xisithrus says:

    Wall Street fueled the growth of sub-prime lending by packaging $1.8 trillion of risky home loans into bundled securities, and then marketing them as high-grade investments. But with US mortgage foreclosures set to top 1 million this year and home prices falling at the fastest pace since the Great Depression, the same Wall Street investment banks who profited by putting buyers into properties they couldn’t afford, are begging central banks and governments to manage the bust.


  19. Xisithrus says:

    Wall Street should be sent to Iraq.


  20. The Republic of Stupidity says:

    Comment by GSD — February 15, 2008 @ 6:46 pm

    Comment by Merlin — February 15, 2008 @ 6:43 pm

    Back in 2004, when Bush **cough** “won again”, a woman wrote a letter to the editor of the SF Chron. It basically said, “All you liberals are just going to have to shut up and live w/ it, now that George W. Bush is calling the shots around here.”

    Wonder how she feels now? Wish I could find her to ask…


  21. RUCerious says:

    TRoS, look in the soup line on Castro St…


  22. The Republic of Stupidity says:

    and mostly SUVs….

    Comment by RUCerious — February 15, 2008 @ 6:53 pm

    W/ For Sale signs in the windows, no doubt…


  23. RUCerious says:

    TRoS, yeah, especially the ones pouring out black exhaust due to lack of maintenance…..


  24. Merlin says:

    Wonder how she feels now? Wish I could find her to ask…

    Comment by The Republic of Stupidity — February 15, 2008 @ 6:54 pm

    We need to take names and numbers! Hell, BushCo says its all right. And besides, our need is really important. Not like BushCo’s.


  25. The Republic of Stupidity says:

    This is all more than a little amusing, no?

    Mebbe 20 years ago, I saw the most amazing car chase in my neighborhood. I was walking down the street one day and heard all these sirens coming my way, but SLOWLY.

    After 30 seconds or so, the car being pursued came into sight. It had already lost all 4 wheels and the driver was running on the rims, throwing up great rooster tails of sparks as he tried fleeing, at mebbe 15 mph, tops.

    Behind him, sirens blazing and lights flashing, came cop car after cop car, prolly 12 or 15 in toto, all moving at 15 mph too. Pursuit!

    At one intersection on a wide, divided street, the driver turned left, turned left again, and tried heading back in the other direction, only to finally be boxed in completely by about as many cop cars as they used in the Blues Bros movie back in the early ’80’s. Finally he had no choice but to give up.

    This is a true story and one of the funniest things I’ve ever seen in my whole life. I don’t know what that man had done, and it might have been quite serious, but that chase was just hysterical to watch.

    Somehow, that image… no rubber left, just running on the rims, the rooster tails of sparks… it seems so appropriate for Botch and the GOOP right now.

    Jes’ running on tha rims now, eh boyz?


  26. The Republic of Stupidity says:

    Not like BushCo’s.

    Comment by Merlin — February 15, 2008 @ 6:59 pm

    You just KNOW we’re gonna hear an awful lot of “I vas just doing vhat I vas told…”


  27. The Republic of Stupidity says:

    Comment by RUCerious — February 15, 2008 @ 6:56 pm

    I wonder how all those proud purchasers of Hummers are feeling now…


  28. dixie blood says:

    Only if you count recessions, Dixie. Throw in everything he has ever done and you can’t reach the end number.

    Comment by Merlin — February 15, 2008 @ 6:52 pm

    That’s right, just add up his failed companies and failed life and his failed offspring and useless siblings and just about everything else that drips from this useless moron’s drooling lips and you’ve got loser(squared) from AlphaToOmega!!


  29. Ms_Joanne says:

    TRoS, where was this “chase?” What state? FUNNY story!


  30. The Republic of Stupidity says:

    Berkeley, CA. South Berkeley, near where the Berkeley Bowl now sits.

    Totally true, and incredibly funny to watch.


  31. bernard quatermass says:

    I imagine that since Krugman is an intelligent person, well spoken and informed, and a writer of some clarity, those on “the other side of the aisle” will declare him hence not to be trusted.

    Remember, intelligence is bad. Facts are bad.


  32. gummitch says:

    Berkeley, CA. South Berkeley, near where the Berkeley Bowl now sits.

    Totally true, and incredibly funny to watch.

    Comment by The Republic of Stupidity — February 15, 2008 @ 7:14 pm

    Mmmmm, the Berkeley Bowl. One of the few things I miss about living down there. Best gawdam selection of produce in the world.


  33. The Republic of Stupidity says:

    Indeed, gummitch.

    It hard walking thru there, mid-Summer… the choices get overwhelming.


  34. ralph the wonder llama says:

    That’s right, just add up his failed companies and failed life and his failed offspring and useless siblings and just about everything else that drips from this useless moron’s drooling lips and you’ve got loser(squared) from AlphaToOmega!!

    Comment by dixie blood — February 15, 2008 @ 7:09 pm

    Oh, come on, Dixie. You can’t blame Bush for his siblings, now can you?

    The rest of your post, I can see what you’re saying. But blaming Dumbya for his siblings, that’s crossing the line!


  35. Xisithrus says:

    *sniff* I am starting to miss our dear little trolls. *sniff* They work so hard, bless their hearts.


  36. wisedup says:

    Take your gov. findings, toss them away. Now, look all around you and just see for yourself. Busco system, ‘I got mine (and yours) so now ‘get f***ed’.


  37. dixie blood says:

    The rest of your post, I can see what you’re saying. But blaming Dumbya for his siblings, that’s crossing the line!

    Comment by ralph the wonder llama — February 15, 2008 @ 7:20 pm

    Not really, he corrupted the nest!!!!! He sh!t in the house!! He taught the others to be corrupt or you believe that the parents are loser, useless, Facist phu(ks that brought this on.


  38. ralph the wonder llama says:

    Not really, he corrupted the nest!!!!! He sh!t in the house!! He taught the others to be corrupt or you believe that the parents are loser, useless, Facist phu(ks that brought this on.

    Comment by dixie blood — February 15, 2008 @ 7:32 pm

    I still say it’s unfair, Dixie. You’re letting Babs off scot-free.


  39. joe cantwell says:

    Yes we don’t have time to surf the internet all day.

    Comment by Tracy2 — February 15, 2008 @ 7:39 pm

    and yet you do, how amazing.


  40. ralph the wonder llama says:

    I see the RNC is still operating the manufacturing T2 Trollmasterâ„¢ model even though it’s overdue for maintenance. Maybe it’s out of warranty.


  41. ralph the wonder llama says:

    Sorry, that should have been the malfunctioning T2 model.


  42. shoeless says:

    Wow! Consumer confidence is almost down to George Bush Sr. levels.

    Good job Jr.


  43. ralph the wonder llama says:

    Malfunctioning T2 model fails to process that consumer confidence has reached below the lowest point during the ‘01 recession THREE TIMES during the BushCo reign. And that it is much lower today. In fact, the last time consumer confidence was this low, who do you suppose was in the WH?

    Why, it looks like it was Poppy Bush.

    My, my. The apple doesn’t fall far from the tree, does it?


  44. ralph the wonder llama says:

    Troll JK thinks “libs” should “give up” seeking the truth about the economy and the nation and just swallow what Dumbya shoves down his throat.

    Troll JK isn’t very bright. But then, if he were, he wouldn’t be a troll. He’d be a “lib”.


  45. The Republic of Stupidity says:

    Sniff… we feel yer pain, John…

    Tha 1000 Year… I mean, tha Permanent Republican Majority barely lasted 6, and now the wheels are comin’ offin’ that little red wagon completely.

    But you jes’ keep on keepin’ on, JK. You sit there in yer little wheeless wagon, makin’ Put-put-put-put noises, squintin’ real hard, and it’ll seem jes’ like yer still gon’ some place…

    BWAHAHAHAHAHAHAHAHAH… whew, that’s tiring…


  46. shoeless says:

    Don’t you ever get tired of searching and searching for these type of stories?

    Comment by John Kerry

    It not that hard. Even though the right-wing corporatists own the mainstream news media, and they try to bury negative stories about the Bush regime, the internet makes it fairly easy to find the truth, if you are willing to negotiate the series of tubes.

    Try it sometime.

    Oh yes, you are here, so you are trying it.


  47. dixie blood says:

    I still say it’s unfair, Dixie. You’re letting Babs off scot-free.

    Comment by ralph the wonder llama — February 15, 2008 @ 7:40 pm

    My post mentions “parents” which includes Bab’s the EVIL SEED!!


  48. ralph the wonder llama says:

    Only malfunctioning T2 model Trollmasterâ„¢ would think that plunging levels of consumer confidence have nothing to do with Republican economic policies.

    No, I take that back. Troll JK probably would think so, too. As would most of the Chimpy Leg-humping Brigade.


  49. shoeless says:

    Only you would think that the consumer confidence is affected by who is in the White House.

    Comment by Tracy2

    I remember in 2000 everyone was content, and I heard over and over again, “It doesn’t matter who is president.”

    I seldom hear that anymore.


  50. Badger says:

    When Bush was inaugurated in 2000, many of my forlorn friends asked me what we should do. My snarky reply was ” Buy Defense Stocks.”

    Boy, was I right. $3000 worth of Lockheed Martin Stock on Sept. 10, 2001 is now worth close to $10,000.


  51. Merlin says:

    Not really, he corrupted the nest!!!!! He sh!t in the house!! He taught the others to be corrupt or you believe that the parents are loser, useless, Facist phu(ks that brought this on.

    Comment by dixie blood — February 15, 2008 @ 7:32 pm

    I still say it’s unfair, Dixie. You’re letting Babs off scot-free.

    Comment by ralph the wonder llama — February 15, 2008 @ 7:40 pm

    I’m with Ralph here, Dixie. 41 and Barbara are the ones that should get the “credit” for their offspring. Read the book “Bush on the Couch” by Justin Frank. You won’t be able to put it down. Frank is a psychiatrist who worked with a group of therapists to get to the bottom of Ws problems. They studied his whole life in detail, from babyhood till 2003. Barbara was known as “The Enforcer” while 41 was an absentee father. Far from the best homelife for kids.

    W had next to nothing to do with his siblings problems.


  52. ralph the wonder llama says:

    I have a feeling that the RNC curses UPS every day that their Tracy3 model doesn’t show up on their doorstep, and they have to make do with the busted Tracy2, the one with the fried logic board and scrambled data circuitry.


  53. belac says:

    Comment by shoeless — February 15, 2008 @ 7:58 pm

    Yeah, it’s hard to buy the “it’s all just hype and media machinations” line when you’re flat busted broke…
    I know that a main reason I don’t have as much consumer confidence is because I have left consumer CASH and fewer prospects of making more…


  54. joe cantwell says:

    Really? How would you know.

    Comment by Tracy2 — February 15, 2008 @ 7:46 pm

    quick computer lesson:

    1) do a find Comment by Tracy2

    2) check number of hits.

    try it.


  55. shoeless says:

    Thanks for proving my point that you think it doesn’t matter who the president is.

    In that case, you might as well join us in supporting Barack Obama. What difference does it make?


  56. The Republic of Stupidity says:

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    Surely, you jest…

    http://abclocal.go.com/kgo/story?id=5905764&section=news/business

    Low confidence in Bush’s economic plan

    Monday, January 21, 2008 | 7:11 PM

    By David Louie

    A lack of confidence in President Bush’s plan to stimulate the U.S. economy sent financial markets into a deep plunge around the world today.

    Analysts believe the markets were looking for more in the President’s plan to bolster the economy. There is no better proof of our global economy than to see this kind of reaction to a looming U.S. recession. Japanese car makers, Chinese factories, and German engineering companies all count on a vibrant American economy to sell their goods.

    “Another horrible day” is how one investor in Hong Kong described it.

    The same could be said in Japan, China, India, South Korea and all across Europe.

    Global investors appear to have little faith in the economic stimulus package President Bush proposed on Friday.

    God, I loves me some Google!


  57. joe cantwell says:

  58. shoeless says:

    Again those who think that the U.S. economy rises and falls according to Washington’s actions or inactions are truely crazy.

    Comment by Tracy2

    No, it’s just a coincidence that, since the Civil War, every recession and three Great Depressions have all occurred when a Republican was sitting in the Oval Office.

    Running on the idea that it doesn’t matter who is president worked very well for George W. Bush in 2000. Unfortunately for the Republican party, he has totally debunked that idea.


  59. The Republic of Stupidity says:

    Comment by Tracy2 — February 15, 2008 @ 8:08 pm

    Gee, once yer ridiculous personal proclamations git shot down, all that’s left is Jr High insults?


  60. Badger says:

    Actually. Llamas are pretty smart. Put one in with a herd of sheep…and look out wolves.

    There’s a metaphor there somewhere.


  61. tombaker says:

    what’s this?

    the Federal Reserve and the SEC and FTC are just myths?!?

    why would you even try to peddle that old voodoo, tracy?

    get with the times, alex keaton, jr.


  62. The Republic of Stupidity says:

    And pointless, empty, desperate insults by the usual CON suspects.

    Saaayyy… JK, what happened to yer clueless screed on the Clemens thread? Did TP toss yer phony rump overboard?

    BWAHAHAHAHAHAHAHA… god, I LOVE doing that.


  63. joe cantwell says:

    Comment by John Kerry — February 15, 2008 @ 8:10 pm

    so jk, when you’re sitting down you can’t talk unless you’re sitting on the toilet, is that it?


  64. joe cantwell says:

    Zero….but that isn’t right.

    Comment by Tracy2 — February 15, 2008 @ 8:10 pm

    ask one of the kinko’s sales associates to help you with it, k?


  65. tombaker says:

    jk – all tweaked up again, too – that’s sweet. like the vivacious love-child of bill kristol and ann coulter

    now that’s friday happy-hour entertainment i can really dig.


  66. shoeless says:

    Brilliant, intelligent, well thought out comments by the usual lib suspects!!!

    Comment by John Kerry

    That was informative and incisive.


  67. The Republic of Stupidity says:

    Gee, shoeless, are you sayin’ JK didn’t mean that as a compliment?


  68. bilbobaggins says:

    the same Wall Street investment banks who profited by putting buyers into properties they couldn’t afford, are begging central banks and governments to manage the bust.
    Comment by Xisithrus

    And this bailout will make the Savings and Loan bailout look like chump change. BTW, everyone should remind any Republicans they know that John McCain was knee deep in the Savings and Loan scandals. He was one of the Keating 5.


  69. shoeless says:

    Can you point to a study that shows that who is in the White House affects consumer confidence?

    Comment by Tracy2

    Uh, I will just point to the graph at the top of the page.


  70. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:17 pm

    from last week’s cpac conference:

    Erick Erickson… conceded that progressives currently enjoy an advantage over conservatives online—though he attributed it to an asymmetry in free time, since conservatives “have families because we don’t abort our kids, and we have jobs because we believe in capitalism.”

    why do you kills babies and hate capitalism, t2?


  71. dixie blood says:

    Not really, he corrupted the nest!!!!! He sh!t in the house!! He taught the others to be corrupt or you believe that the parents are loser, useless, Facist phu(ks that brought this on.

    Comment by dixie blood — February 15, 2008 @ 7:32 pm

    I’m with Ralph here, Dixie. 41 and Barbara are the ones that should get the “credit” for their offspring.

    Comment by Merlin — February 15, 2008 @ 8:03 pm

    Tell me genuis!!

    What the phuck is the diff between “41 and Barbara” and “parents” in my original post???

    It’s the same 2 people, stupid!!!!

    DUH??

    You are stupid or you don’t read what you quote!!!!


  72. bilbobaggins says:

    Berkeley, CA. South Berkeley, near where the Berkeley Bowl now sits.
    Totally true, and incredibly funny to watch.
    Comment by The Republic of Stupidity — February 15, 2008 @ 7:14 pm
    Mmmmm, the Berkeley Bowl. One of the few things I miss about living down there. Best gawdam selection of produce in the world.
    Comment by gummitch

    Bazerkeley is about the only thing I really miss about the Bay Area. I actually sat in People’s Park way back then. And I can totally see the kind of chase you described in Berkeley. The guy was probably stoned to the gills and thought he was going 100 mph.


  73. joe cantwell says:

    That’s your proof?

    Comment by Tracy2 — February 15, 2008 @ 8:22 pm

    still here?


  74. shoeless says:

    That’s your proof?

    Comment by Tracy2

    That, and the fact that, since the Civil War, every recession and three Great Depressions have all occurred when a Republican was sitting in the Oval Office.


  75. The Republic of Stupidity says:

    Comment by bilbobaggins — February 15, 2008 @ 8:23 pm

    It was incredibly funny, bilbo. ‘Bout the only thing I ever saw that was funnier was the guy carrying a live rooster home in a paper bag on a crowded bus one summer afternoon.

    (The rooster almost escaped from him at one point…)


  76. bilbobaggins says:

    Troll JK isn’t very bright. But then, if he were, he wouldn’t be a troll. He’d be a “lib”.
    Comment by ralph the wonder llama

    Good for you ralph. You are catching on as to how to deal with trolls. I have one other suggestion, though. Don’t call it “he”, call it “it”. I don’t choose to recognize them as being human so I call them it.


  77. Lefty Patriot says:

    Only you would think that the consumer confidence is affected by who is in the White House.

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    Only an idiot like T2 would ignore the corruption, crime and incompetence of Bush’s mismanagement of the USA. An ordinary, decent president like Clinton doesn’t have as much influence on the economy as a destructive, warmongering, bloodthirsty greedmonger like Bush. Funny how republicans always blame government for their problems, except then they have run the government into the ground. Can’t have it both ways, tracy2.


  78. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:28 pm

    still here?

    you really do hate babies and capitalism, don’t you?


  79. The Republic of Stupidity says:

    Hmmm… okay T2 is THAT obtuse…


  80. joe cantwell says:

    Just waiting for you to answer my question.

    Comment by Tracy2 — February 15, 2008 @ 8:28 pm

    tell it to erick…

    and the kids!


  81. shoeless says:

    Just waiting for you to answer my question.

    Comment by Tracy2

    Hey, what about addressing the fact that, since the Civil War, every recession and three Great Depressions have all occurred when a Republican was sitting in the Oval Office.

    I know, the truth in inconvenient for you Bushists.


  82. Lefty Patriot says:

    Just waiting for you to answer my question.

    Comment by Tracy2 — February 15, 2008 @ 8:28 pm

    here’s your answer: consumers have lost all confidence in Bush’s economy, and it’s all Bush’s fault.


  83. Lefty Patriot says:

    republicans are a bigger threat to the USA than Osama Bin Laden and all his dozens of Al Qaedas, who are all sitting around laughing while Bush does their dirty work.


  84. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:28 pm

    ob·tuse [uhb-toos, -tyoos] Pronunciation Key – Show IPA Pronunciation
    –adjective
    1. not quick or alert in perception, feeling, or intellect; not sensitive or observant; dull.
    2. not sharp, acute, or pointed; blunt in form.
    3. (of a leaf, petal, etc.) rounded at the extremity.
    4. indistinctly felt or perceived, as pain or sound.

    (in case you were wondering what it meant t2)


  85. Lefty Patriot says:

    but then again you think that recessions are cause by the president who take office when it begins which is utter nonsense.

    Comment by Tracy2 — February 15, 2008 @ 8:33 pm

    No, it makes perfect sense, since that’s when the public loses its confidence and stops spending, as well as when the republican president immediately starts looting the treasury, and giving taxpayer dollars to his cronies. It’s all very simple, T2, even you can understand it; you just refuse to see the truth, because it makes ou look like an idiot and a sucker. Which you are.


  86. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:34 pm

    every time you comment another baby dies…

    and the market goes down.

    call yourself a conservative?!


  87. ralph the wonder llama says:

    Hmmm… okay T2 is THAT obtuse…

    Comment by The Republic of Stupidity — February 15, 2008 @ 8:29 pm

    It’s not its fault.

    The RNC hired twelve-year old prostitutes from the Marianas Islands to solder the circuitry on the Twisted Logic Board while they were break from servicing Republican congresscritters on the last “fact-finding mission”.


  88. Lefty Patriot says:

    Do you know anything about the business cycle?

    Comment by Tracy2 — February 15, 2008 @ 8:34 pm

    Obviously far moer than you do. You’re just pulling the “business cycle” out of your fat ass. You don’t have a clue as to how this operates, or you’d see the damage that republicans do every time they manage to steal an election. You’re a good little fascist rightard.


  89. shoeless says:

    Reagan told us that federal deficits don’t matter. Therefore, the GOP became the party of massive federal deficits.

    Accumulating mountainous debt became the fiscal goal of the Republican party.

    Hence, two recessions during the Reagan administration, one recession during the 4 year Bush Sr. administration, no recessions during the 8 years Clinton administration, and two recessions during the Bush Jr. administration.

    Just coincidence. It doesn’t matter who is president, so vote Republican.


  90. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:36 pm

    i hear the cry of innocent baby…

    while chuck schwab wonder why.

    your fault t2.


  91. Lefty Patriot says:

    No the one referring to you lying about the “search” thing.

    Comment by Tracy2 — February 15, 2008 @ 8:37 pm

    stay on topid, T2, don’t try to deflect just because y8ou’re getting your ass kicked by those of us who see reality, instead of your little fairy-tale world where George Bush isn’t the worst president in history.


  92. joe cantwell says:

    No the one referring to you lying about the “search” thing.

    Comment by Tracy2 — February 15, 2008 @ 8:37 pm

    wtf?

    i’m just going to say this once; stay away from the meth t2.

    ok?


  93. Badger says:

    It doesn’t matter what the real causes of a recession are….the economy is in a ditch, and Bush was driving. Voters blame him…. just like they would credit him if the economy was booming.

    In any case, the notion that Tax Cuts and No regulations are all you need to create a Great economy, is Now subject to serious rethinking.


  94. ralph the wonder llama says:

    I’m confused… why did the preznit push so hard for all those tax cuts for the rich, if it wasn’t to reshape the economy?

    He’s been president for seven years but hasn’t had any effect on the economy, despite all his efforts to bolster it?

    Damn. He really IS incompetent.


  95. Lefty Patriot says:

    The Second Bush recession will be nastier than the first one. Fitting that this animal, this savage primate who stole the White House would manage to screw up even more than in his first illegal term.


  96. Lefty Patriot says:

    I am not the loon who thinks that who gets elected president triggers a recession.

    Comment by Tracy2 — February 15, 2008 @ 8:40 pm

    No, you’re the proven idiot who cant see his hand in front of his face. Bush triggered TWO recessions, for your information. Congratulations, and thanks for 9/11, by the way; another massive Bush failure..


  97. joe cantwell says:

    I am not the loon who thinks that who gets elected president triggers a recession.

    Comment by Tracy2 — February 15, 2008 @ 8:40 pm

    no, that would be neil cavuto and fox “business” news :)


  98. Lefty Patriot says:

    I’m confused… why did the preznit push so hard for all those tax cuts for the rich, if it wasn’t to reshape the economy?

    He’s been president for seven years but hasn’t had any effect on the economy, despite all his efforts to bolster it?

    Damn. He really IS incompetent.

    Comment by ralph the wonder llama — February 15, 2008 @ 8:40 pm

    This is how morons like T2 try to have it both ways. if the president has no effecgt on the economy, then why do republicans try so hard to destroy it, and succeed?


  99. Lefty Patriot says:

    Burp!….yeah, right!

    Comment by Tracy2 — February 15, 2008 @ 8:43 pm

    that’s the extent of T2’s intelligence, folks.


  100. Lefty Patriot says:

    And I am going to say this just once. Don’t lie outright.

    Comment by Tracy2 — February 15, 2008 @ 8:44 pm

    And when are you going to stop lying? when you stop breathing?


  101. shoeless says:

    Yes and many of them seem to follow the Democrat who was in office prior, but then again you think that recessions are cause by the president who take office when it begins which is utter nonsense.

    Comment by Tracy2

    You are either totally ignorant, or you are a liar.

    Bush Sr.’s recession followed Reagan.

    Reagan’s two recessions occurred in 1986 and 1982, well after Jimmy Carter was gone.

    Eisenhower’s recession occurred in his second term.

    The Great Depression of 1930 occurred directly after the term of Republican Calvin Coolidge.

    The Depressions of 1870 and 1890 occurred during a period of almost exclusive control of the White House by Republican presidents.

    You should chack your facts before coming around here and making a fool of yourself, because we will use the facts to expose your ignorance/deceit every time.


  102. ralph the wonder llama says:

    I am not the loon who thinks that who gets elected president triggers a recession.

    Comment by Tracy2 — February 15, 2008 @ 8:40 pm

    I don’t recall anyone saying that “who gets elected president triggers a recession”.

    They really need to track that tracy3 shipment. This unit is making them look really really stupid.

    Although come to think of it those folks do love them some straw men…


  103. joe cantwell says:

    And I am going to say this just once. Don’t lie outright.

    Comment by Tracy2 — February 15, 2008 @ 8:44 pm

    Burp!….yeah, right!


  104. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:44 pm

    your turn :)


  105. shoeless says:

    I am not the loon who thinks…

    Comment by Tracy2

    Yeah, that’s obvious.


  106. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:44 pm

    c’mon….


  107. joe cantwell says:

    No that would be what is appropriate for a response to your comments.

    Comment by Tracy2 — February 15, 2008 @ 8:48 pm

    you mean:

    “Burp!… No that would be what is appropriate for a response to your comments.”

    right?


  108. ralph the wonder llama says:

    Comment by shoeless — February 15, 2008 @ 8:46 pm

    Well done, shoeless, with one small correction: the Great Depression of 1930 occurred during Hoover’s term. Another Republican. Following, as you note, the presidencies of Republicans HGarding and Coolidge.


  109. joe cantwell says:

    I am not the one who lied and said that you would find multiple entries for “Comment by Tracy2″.

    Comment by Tracy2 — February 15, 2008 @ 8:49 pm

    no, no, no. here:

    “Burp!… I am not the one who lied and said that you would find multiple entries for “Comment by Tracy2″.”

    eh?


  110. joe cantwell says:

    Do you think that who gets elected president triggers a recession?

    Comment by Tracy2 — February 15, 2008 @ 8:51 pm

    burp… well neil cavuto does, burp!


  111. The Republic of Stupidity says:

    Wow… kind of like watching a dog chase its own tail.


  112. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 8:51 pm

    you’re turn.


  113. Lefty Patriot says:

    Do you think that who gets elected president triggers a recession?

    Comment by Tracy2 — February 15, 2008 @ 8:51 pm

    Only if it’s Bush. The other republican presidents worked their way into recessions and depressions.


  114. joe cantwell says:

    Comment by The Republic of Stupidity — February 15, 2008 @ 8:52 pm

    or eat it’s own vomit… burp!


  115. Lefty Patriot says:

    Comment by Lefty Patriot — February 15, 2008 @ 8:44 pm

    No that would be what is appropriate for a response to your comments.

    Comment by Tracy2 — February 15, 2008 @ 8:48 pm

    Only by a moron caught up in his lies and fascist loyalties.


  116. shoeless says:

    Do you think that who gets elected president triggers a recession?

    Comment by Tracy2

    Historically, only if he is a Republican.


  117. ralph the wonder llama says:

    Interesting the way the circuitry of that failing T2 model processes things.

    It processes selected economic data and decides that the president has no impact on the nation’s economy.

    Then it accuses those who say that the president has considerable impact on the nation’s economy of saying that “who is elected president TRIGGERS a recession”.

    Fascinating. So random, yet consistent at the same time. It’s not even coming up with a logical conclusion occasionally.


  118. joe cantwell says:

    Comment by shoeless — February 15, 2008 @ 8:55 pm

    t2 gone?… burp!


  119. The Republic of Stupidity says:

    It’s interesting watching T2 slowly twist the conversation around, trying to avoid acknowledging how the original got crushed.

    “Only you would think that the consumer confidence is affected by who is in the White House.”

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    This is the original comment, that got totally shoved back up the orifice of yer choice here, but T2 refuses to acknowledge this.

    http://abclocal.go.com/ kgo/ story?id=5905764&section=news/ business

    “Global investors appear to have little faith in the economic stimulus package President Bush proposed on Friday.”

    Now, in a desperate attempt to save face, it’s become…

    “Do you think that who gets elected president triggers a recession?”

    Comment by Tracy2 — February 15, 2008 @ 8:51 pm

    Quite a different statement. Nice try, no cigar.

    Pull! Ka_Blam!!


  120. gummitch says:

    Friday nights are always troll nights at TP. My operating theory is that they’re always particularly angry and hostile on Friday nights because normal kids their age are out with friends or, shudder, on dates while they’re stuck in front of the computer all alone. Again.


  121. The Republic of Stupidity says:

    High fives, Ralph. Great minds think alike!


  122. Sabyen91 says:

    “I am not the one who lied and said that you would find multiple entries for “Comment by Tracy2″.

    Comment by Tracy2 — February 15, 2008 @ 8:49 pm”

    So, you HAVEN’T made multiple posts? I am not going to count but you have over 20 on this thread alone.


  123. shoeless says:

    ..the Great Depression of 1930 occurred during Hoover’s term. Another Republican. Following, as you note, the presidencies of Republicans HGarding and Coolidge.

    Comment by ralph the wonder llama

    Yes, very good point. The Depression of 1870 was considered by many historians to be much worse than the 1930 Depression. President- Republican Ulysses S. Grant.

    The Depression of 1892, one of the worst periods in American history, Democratic president Grover Cleveland, won the presidency due to the Depression of the Republican Benjamin Harrison administration.


  124. The Republic of Stupidity says:

    I am not going to count but you have over 20 on this thread alone.

    Comment by Sabyen91 — February 15, 2008 @ 9:10 pm

    But Sabyen91… that’s so… so… tacky of you to use “Actual Proof” and “T2’s Own Posts” to win the argument… shame on you!


  125. The Republic of Stupidity says:

    Point here is that it really doesn’t matter who is in office.

    Comment by Tracy2 — February 15, 2008 @ 9:28 pm

    Sorry, that’s not what you said!

    THIS is what you started w/ and when it got shoved right back up yer Cheney, you’ve bin avoidin’ it ever since.

    “Only you would think that the consumer confidence is affected by who is in the White House.”

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    BWAHAHAHAHAHAHAHAHAHA… yer a phony!

    Pull! Ka_Blam! Pull! Ka_Blam!!!


  126. Xisithrus says:

    Point here is that it really doesn’t matter who is in office.
    Comment by Tracy2

    Are you saying that the FED, Greenspan/Bernanke, an unlected, who is appointed by the president, doesnt matter?


  127. The Republic of Stupidity says:

    Pull! Ka_Blam!! Pull! Ka_Blam!!


  128. The Republic of Stupidity says:

    Shhh, Xisithrus… T2 is busy chasing its own tail…


  129. erock says:

    Recession of 1960 – 1961 Kennedy was president.

    -Tracy2

    Really, Kennedy was President in 1960. That will be news to a lot of historians I know.


  130. Xisithrus says:

    Shhh, Xisithrus… T2 is busy chasing its own tail…

    Comment by The Republic of Stupidity

    Otay, Ill just watch, for now. =)


  131. ralph the wonder llama says:

    Man, that T2 can torture some numbers, can’t it?

    Somehow, Kennedy was president in 1960, and the “recession of 1960 – 1961″ was Kennedy’s even though the recession of 1981-82 was Carter’s fault, not Reagan’s, “the recession of 1953 – 1954″ was “just after Truman left office” and “recession of 1969 – 1970″ was “just after Johnson left office”.

    Fascinating.

    And the “Oil Crisis 1973-1979″ was partly Carter’s fault even though it began three years before Carter was elected.

    Remarkable.

    T2 takes pains to point out the “Great Depression lasted well into Roosevelt’s term”, so i guess he must have had a hand in causing it…

    Astounding.

    And, even though consumer confidence dove lower in 1991-92 than it is today, after over a decade of Republican rule, it was not an “official recession”.

    Spectacular, I say.

    Then it uses all of this convulted and bizarrely presented data to claim that “it really doesn’t matter who is in office”.

    Thus making the point that our votes are meaningless, and we might as well elect McCain for a third Bush term, since it doesn’t matter who is in office.

    That’s the best slogan for Mccain I’ve come across yet:

    “McCain ‘08: Because it doesn’t matter anyway”

    Memo to the RNC: is this really less damaging to your cause than having no trolls at all for a little while? At least until the T3 model is delivered?


  132. Xisithrus says:

    as in it really doesn’t matter who is president. -T2

    Welcome to the problems a ‘reality-based’ world incurs


  133. erock says:

    Yes, but if the affected the economy negatively as you seem to be suggesting, I seem to remember Greenspan being fed reserve chairman during the 1990s.

    Comment by Tracy2 — February 15, 2008 @ 9:43 pm

    So wait…a man the President appoints can affect the economy but the person who is elected President has nothing to do with the economy whatsoever? Like say, even if he appoints an incompetent fool? I’m not conceding that the President independently has no effect on the economy, but this right here should be sufficient to show you how stupid your argument is.


  134. Xisithrus says:

    I think, Tracy2, that a reality-based world, is a negative for both political parties and America.


  135. shoeless says:

    The Eisenhower recession began in 1958.

    The oil crisis was not a recession.


  136. Saint Augustine says:

    For some reason T2 reminds me of former AG Gonzo testifying to congress. “IT” seems to be stuck on “who is elected”. The real issue is what happened after whomever was elected.

    Looking at Bush’s policies of putting loyal Bushies into positions that they were not qualified for or people from industry whose policy decisions favored businesses over workers or the environment has had a lot to do with the attitude of the majority of Americans today.

    Check out some of the players here:

    http://tpmmuckraker.talkingpointsmemo.com/reference.php

    And don’t forget about: Lead paint on toys; All the meat recalls; Coal miners that died; Military equipment like MRAPs, kevlar helments, bullet proof vests…..

    Gosh, so many good things have happened since W has be president, NOT.


  137. shoeless says:

    I see now that the Republicans are going to run McCain on the same platform they ran Bush in 2000:

    It doesn’t matter who is president, so vote Republican.


  138. muckdog says:

    Alan Greenspan, who created both the stock and the real estate meltdowns, gets to make expensive speeches about the mess he made. Only Bernanke and Bush get to be the fall guys. LOL.


  139. Xisithrus says:

    I dont care about reality T2, I only care about creating a false reality, I am Rove!!


  140. ralph the wonder llama says:

    McCain ‘08: Because It Doesn’t Matter Anyway

    McCain ‘08: Why The Hell Not?

    McCain ‘08: You Might As Well, Since It Won’t Affect the Economy One Bit


  141. Xisithrus says:

    Comment by muckdog — February 15, 2008 @ 9:50 pm

    Muckdog for bigger govt, for bigger debt! Go conservatism!!


  142. The Republic of Stupidity says:

    Comment by muckdog — February 15, 2008 @ 9:50 pm

    Muckie! Yer back!

    Time fer Muckie’s Greates Hit! ‘Member this one, Muckie?

    You folks really need to stop masturbating every time a US soldier dies in Iraq. The surge is working.

    Comment by muckdog — August 8, 2007 @ 2:23 am

    That sure was insightful commentary!

    Now, are you ‘n T2 really, really sure the size of the deficits Herr Brusch has chosen to run have absolutely NO effect whatsoever on folks’ confidence in his abilities to steer the economy? Jes’ askin’…


  143. Xisithrus says:

    My point here is that recessions have followed Republicans and Democrats -T2

    And your just now realising this?


  144. Fred says:

    In any case, the notion that Tax Cuts and No regulations are all you need to create a Great economy, is Now subject to serious rethinking.

    Comment by Badger

    Major good points Badger..
    Presidents do affect our economy…….When bush took office we knew there would be major corruption scandals in the economic industry(it always happens under repubs….they push the edge) and that the republicans would do all they could to cripple our economy so they can justify defunding domestic program……it’s what they do.

    There is always an economic downturn(recession if you will)when the republicans get someone to set policy(pres).

    Recessions are predictable under republican administrations………write it down. My grandfather told me that in the 50’s and it’s true.


  145. shoeless says:

    Just as Reagan caused the 1981-1983 recession? Keep going.

    “And, even though consumer confidence dove lower in 1991-92 than it is today, after over a decade of Republican rule, it was not an “official recession”.”

    At first, I thought you were just ignorant. You are just a liar.

    The Bush Sr. was indeed an official recession. The fact that he wouldn’t admit it cost him is job.

    Also, how do you explain the extremely painful Reagan 1987 recession, you lying sack of crap.


  146. Nature Rules says:

    Has the drain on the treasury on the other side of the planet had anything to do with this recession?


  147. The Republic of Stupidity says:

    Do you get it yet? This is getting old.

    Comment by Tracy2 — February 15, 2008 @ 9:53 pm

    How strange… once again, T2 floats a deliberate lie, to no avail.

    Pull! Ka_Blam!!

    Once again, yer original contention…

    Only you would think that the consumer confidence is affected by who is in the White House.

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    THAT is your original statement, not “Recessions have occurred… blah blah blah…”

    Much like yer beloved **cough* Leader, ya jst cain’t stand ta admit yer wrong, huh?


  148. shoeless says:

    Obama ‘08: Because I offer nothing but Hope

    Comment by Tracy2

    McCain: Because I offer you no hope.


  149. The Republic of Stupidity says:

    T2’s behavior sure do ’spain why the GOOP is in so much trouble, huh?


  150. shoeless says:

    No, Republicans have followed Democrats, and recessions have accompanied Republicans.


  151. The Republic of Stupidity says:

    Oh, god, I’ve handed T2 its lunch on a platter so many times tonight I’m gittin’ carpal tunnel.

    Again, sure ’splains why the GOOP is sinking into the ground so fast it’ll pop up in China any day now.

    Breathtaking performance. BRAVO!! BRAVO!!!


  152. Fred says:

    Comment by Tracy2

    this it must get paid by the response…….nothing else makes any sense.


  153. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 7:39 pm

    Comment by Tracy2 — February 15, 2008 @ 9:58 pm

    suffer the children.
    (Matthew 19:14)


  154. The Republic of Stupidity says:

    Either that, or someone’s deliberately chosen to skip their meds, AGAIN…


  155. shoeless says:

    T2’s behavior sure do ’spain why the GOOP is in so much trouble, huh?

    Comment by The Republic of Stupidity

    Yeah, what an ideology. No hope, and nothing matters.

    The GOP 2008 bumper sticker.


  156. ralph the wonder llama says:

    More interesting still:

    T2 claims that Carter bears responsibility for the Oil Crisis that “continued thru most of his presidency” yet Reagan had nothing to do with the “recession of 1981 -1983″.

    What’s even MORE interesting is if you go to the link that T2 provided, the “Oil Crisis of 1973-79″ does not exist. It DOES, however, list “Oil Crisis 1973-75″ which, as I calculate straddled the Nixon (disgraced Republican) and Ford (pardoned disgraced Republican) terms, but did not as T2 claims, “continue thru most of the Carter presidency”.

    Given this sloppy handling of source data, one cannot help but be suspicious of any and all conclusions reached by this Tracy2 unit.


  157. The Republic of Stupidity says:

    “No hope, and nothing matters…â„¢ – McCain/Terror ‘08!”

    I like it. It has a nice, HOLLOW ring to it…


  158. Xisithrus says:

    I have been trying to point this out for hours but TROS, RTWL, and LP still don’t get it.

    Comment by Tracy2

    The get it T2, they, I think, are mocking the problem of the false reality TV and the media creates.


  159. Nature Rules says:

    Given this sloppy handling of source data, one cannot help but be suspicious of any and all conclusions reached by this Tracy2 unit.

    Comment by ralph the wonder llama — February 15, 2008 @ 10:06 pm

    Could this be why Intel is in the tank?

    Apparently T3 can’t come fast enough.


  160. ralph the wonder llama says:

    We should thank T2 for that awesome link! Here’s another tidbit that the T2 unit failed to note about the “not official” recession of 1991-92:

    By measures such as unemployment and public perception, the North American economy was in recession continuously for years after 1987, with only brief periods of revival.

    Huh, how about that? After six full years of Republicans in the WH.


  161. Xisithrus says:

    No you guys are here for my entertainment only.
    Comment by Tracy2

    Then I do not exist


  162. ralph the wonder llama says:

    T2 gets off on being abused.

    Those programmers must have been one wild bunch of geeks!


  163. The Republic of Stupidity says:

    What T2 started out claiming was this, Xisithrus: Only you would think that the consumer confidence is affected by who is in the White House.

    Comment by Tracy2 — February 15, 2008 @ 7:54 pm

    This got crushed almost instantly, so T2 shifted sideways into a similar but distinctly different comment: Do you think that who gets elected president triggers a recession?

    Sorry, but that is quite different from the first, and that is what T2 can’t admit. The original premise got crushed like a bug, and T2 has been floating this crap ever since.


  164. The Republic of Stupidity says:

    Pull! Ka_Blam! Pull! Ka_Blam!! T2 is a fraud!


  165. shoeless says:

    BTW how was it that Reagan got re-elected to a second term if he did such a bad job?

    Comment by Tracy2

    Because of dumbasses like you.


  166. Xisithrus says:

    This internet broadcast is only to be seen inT2’s screen. You are compartmentalised


  167. ralph the wonder llama says:

    Hey, I am not saying it didn’t feel like a recession but the definition of recession is 3 consecutive quarters of negative GDP growth.

    Comment by Tracy2 — February 15, 2008 @ 10:09 pm

    T2 really needs some fact-checking circuitry, as demonstrated already. Here’s another factual slip up.

    In macroeconomics, a recession is a decline in a country’s gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.


  168. Xisithrus says:

    Xisithrus: Only you would think that the consumer confidence is affected by who is in the White House. –

    I did not say that, you did.


  169. Xisithrus says:

    The MARKET definition is not a human definition


  170. Xisithrus says:

    Wecome to your world Tracy2 piped in for your convenience.


  171. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 7:39 pm

    Comment by Tracy2 — February 15, 2008 @ 10:27 pm

    nearly 3 hours.

    t2 has no life.

    and neither do those poor babies!


  172. Fred says:

    BTW how was it that Reagan got re-elected to a second term if he did such a bad job?

    Comment by Tracy2

    he sold yellowstone park to the chinese


  173. shoeless says:

    #204

    Comment by shoeless — February 15, 2008 @ 10:14 pm

    He must have done something right, because people usually eject people from office if they aren’t performing.

    Comment by Tracy2

    Or, perhaps the B movie actor convinced a bunch of dumbasses, like you, to vote against their own interest.


  174. katy says:

    usually that one shows up to talk to itself, after the thread is dead…
    can’t believe you guys have been aggravating it for so long…
    i know why it’s been takin’ it…

    seems like a rather slow day at TP… i’ve been gone all day…
    with all the goings on yesterday, i thought there would be
    some threads about spying and mass murder american style…

    check out some of the stories at rachel maddow

    especially this: Snuggly, the national security bear
    http://www.markfiore.com/
    .

    almost time for maher… hope he’s not so stoned tonight…


  175. joe cantwell says:

    Although you are still here, commenting again! LOL!

    Comment by Tracy2 — February 15, 2008 @ 10:40 pm

    well, if i were a conservative i guess that comment would bother me. but i’m not…

    burp!

    here’s a little reminder from eric for you:

    Erick Erickson… conceded that progressives currently enjoy an advantage over conservatives online—though he attributed it to an asymmetry in free time, since conservatives “have families because we don’t abort our kids, and we have jobs because we believe in capitalism.”


  176. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 10:45 pm

    over the three hour mark.

    baby killer.


  177. joe cantwell says:

    You actually watch him? The man is a druggy?

    Comment by Tracy2 — February 15, 2008 @ 10:47 pm

    conservatives. they just can’t tell a joke.

    eh?


  178. Fred says:

    conservatives. they just can’t tell a joke.

    eh?

    Comment by joe cantwell

    they just think different things are funny than we do. It has to be at someone elses expense for it to be funny to a conservative…….otherwise what would the point of humor be????


  179. pieboy says:

    T2 likely gets her humor from the newsbusters laugh-a-thon they call newsbusted. It’s certainly worth a visit, especially if you are inclined to enjoy the spectacle of mimes burning in imaginery boxes.


  180. Fred says:

    Considering you know that conservatives are mostly pro-life
    Comment by Tracy2

    what about capital punishment…..that’s not very pro life?


  181. bilbobaggins says:

    Congratulations, Tracy wins this round of Whack-a-Troll. It captured 119 out of 225 posts. More than half. I bet it will go over to redstate and brag how well it did tonight. It certainly deserves the win. You all helped tremendously. You should be so proud.


  182. Fred says:

    it’s been a dead thread on a sat nite bilbo……..


  183. Nature Rules says:

    it’s been a dead thread on a sat nite bilbo……..

    Comment by Fred — February 15, 2008 @ 11:10 pm

    Long day Fred? It’s Fri nite here. LOL


  184. Fred says:

    oh…..fri nite……sorry….


  185. pieboy says:

    Bilbo, I don’t feed the the trolls, but they do have some value. I have moles and voles in my yard, which aerate the soil and make my wildflowers thrive. They also sharpen my cats’ hunting skills. While they may be ugly, trolls, moles and voles do serve a purpose: turning over the compost and providing tasty morsels.


  186. Fred says:

    I am not for capital punishment. That’s too easy. Life at hard labor is the way to go. They need to pay for their incarceration.

    Comment by Tracy2

    yeah, dyin is easy, huh?


  187. Sabyen91 says:

    “Point here is that it really doesn’t matter who is in office.

    Comment by Tracy2 — February 15, 2008 @ 9:28 pm”

    Tell me how many times stagflation has come into play. Stagflation is a nasty little conundrum where we have inflation PLUS recession (unemployment, et al). I will give you a hint…right now is the second time. Can you guess when the first was?


  188. Saint Augustine says:

    Good grief T2 must be getting paid per post.

    I took a break to watch Now and Bill Moyers on PBS, make it a point to see both of tonight’s shows, very educational. Like Moyers, I’ll be dead by 2050 when this country will be cold and dark it actions aren’t taken soon.

    Oh, by the way, T2 is an idiot!!!
    Good night all.


  189. Sabyen91 says:

    “Yes, but if the affected the economy negatively as you seem to be suggesting, I seem to remember Greenspan being fed reserve chairman during the 1990s.

    Comment by Tracy2 — February 15, 2008 @ 9:43 pm”

    Greenspan was a tool for whatever party was in power. He was awfully popular when he was sucking up to Clinton. He became just slightly less polular after his ballwashing of Bush.


  190. joe cantwell says:

    Yeah you guys are such suckers.

    Comment by Tracy2 — February 15, 2008 @ 11:14 pm

    so angry.

    past your bedtime t2.

    no nightmares about dead babies, ok?


  191. Sabyen91 says:

    “Not as bad as the 1981-1983 Recession thanks to the Energy Crisis. BTW how was it that Reagan got re-elected to a second term if he did such a bad job?

    Comment by Tracy2 — February 15, 2008 @ 10:09 pm”

    Tracy, the economy is not a vacuum. It is cyclical and any pres can have one. HOWEVER, once you are in a recession there are things you can do to fix it. And the Republicans do just the opposite. The economy is driven by demand, not supply, therefore supply side economics would only work in a very narrow, very specific timeframe. Bush’s tax-cuts did NOT spur growth because the economy (and business owners) weren’t ready for increased production and never will be because of his incredible love for giving corporations that go overseas a pass (and Clinton did the same). There is no plus to spend more capital in the US for a corporation. And that will destroy us.


  192. Sabyen91 says:

    The only way the Republican way will work is if we create a permanent serf class. I am not ok with that.


  193. Sabyen91 says:

    “I am not for capital punishment. That’s too easy. Life at hard labor is the way to go. They need to pay for their incarceration.

    Comment by Tracy2″

    I agree with you for once. But I am sure it isn’t for the same reason. I find it repulsive that people are executed and later they are proved not guilty if not innocent.


  194. Sabyen91 says:

    Juries are full of morons who don’t have any views whatsoever. They are the least thinking people on Earth. I don’t think you can execute someone on the basis that a bunch of 80 IQ dipsh!ts think they are guilty.


  195. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 11:50 pm

    hang in there baby killer, you’ll make to midnight!


  196. joe cantwell says:

    Comment by Tracy2 — February 15, 2008 @ 11:57 pm

    just three more minutes….!


  197. Sabyen91 says:

    #249 Did you read the rest? Republicans fail when it comes to responding to recessions and need Dems to pull them out. If a Republican came into power with a soaring economy they would actually be great and likely keep the good times rolling for quite awhile (Clinton did and yes, he was close to being a Republican). You need FDRs in the bad times.


  198. Sabyen91 says:

    “So no juries? Just let a bunch of judges make the determination?

    Comment by Tracy2 — February 15, 2008 @ 11:57 pm”

    No, I don’t think so but have you ever had jury duty? If you have any opinion, one way or another you are gone.


  199. joe cantwell says:

  200. joe cantwell says:

    t2, how much $ did you make tonight?


  201. Sabyen91 says:

    “Carter was president.

    http://economics.about.com/ od/ useconomichistory/ a/ stagflation.htm

    Comment by Tracy2 — February 15, 2008 @ 11:50 pm”

    Wow, the righties really got on that talking point. Yep, the recession started with Carter, the stagflation didn’t start until Reagan.


  202. shoeless says:

    Thank you RNCbot Tracy2.

    I don’t know what we would do without these RNCbots to help us flesh out our arguments against the fascist right.


  203. joe cantwell says:

    these paid trolls.

    man they work hard for the money.

    ;)


  204. Sabyen91 says:

    You are not calling them whores, are you joe??? Eh, I am alright with that.


  205. shoeless says:

    these paid trolls.

    man they work hard for the money.

    ;)

    Comment by joe cantwell

    Then you would think they would be better informed.

    Doesn’t anyone at the RNC do any research?


  206. joe cantwell says:

    Then you would think they would be better informed.

    Doesn’t anyone at the RNC do any research?

    Comment by shoeless — February 16, 2008 @ 12:22 am

    the manual says “google, obfuscate and move on.”

    trolling’s hard work man!

    btw, shit i got done while t2 was here posting away:

    went to the gym – 1hr.

    got groceries – 45 mins

    chatted with gf on the phone – 1hr

    got my tax returns ready – 1hr


  207. Sabyen91 says:

    Joe, I did a whole lot as well. I watched about 4 hours of Monk (but I came on after he did). Who doesn’t love Monk?


  208. ralph the wonder llama says:

    I wonder if T2 is just faulty (stupid) or calculating (dishonest)?

    Either way, it is wrong again.

    In August 1971 Richard Nixon imposed wage and price controls in an attempt to control rising inflation. Price controls did not stop inflation and the country experienced stagflation in the 1973 recession.


  209. Sabyen91 says:

    ralph, everybody has a different view on it. I am going to go with my conservative Econ Prof and say that stagflation really came into being under Reagan. The rest…is just revisionist history.


  210. joe cantwell says:

    Joe, I did a whole lot as well. I watched about 4 hours of Monk (but I came on after he did). Who doesn’t love Monk?

    Comment by Sabyen91 — February 16, 2008 @ 1:05 am

    dude i love “monk”!

    he’s a progressive detective.


  211. Sabyen91 says:

    And he is a Wisconsinite that votes Dem (Tony Shaloub is). Love that guy.


  212. Lefty Patriot says:

    About as gutless as committing suicide.

    Comment by Tracy2 — February 15, 2008 @ 11:43 pm

    Not as gutless as dropping bombs on civiliians from 3000 feet, though, like the fake hero McCain.


  213. Sabyen91 says:

    Well, Lefty, my grandfather was a B-52 radioman. I wouldn’t call him a coward.


  214. Sabyen91 says:

  215. Sabyen91 says:

    My grandpa was shot down and spent 4 years eating bugs, black bread, and the occasional meat. He was 80 pounds when he was liberated. Was he a hero? No. But he was a survivor that really doesn’t deserve your scorn, Lefty.


  216. Sabyen91 says:

    That guy dropping bombs from 3000 feet was doing his job. He was doing what he needed to do to beat back the Nazi horde. I am pretty happy they had the fortitude to do it.


  217. Lefty Patriot says:

    That guy dropping bombs from 3000 feet was doing his job. He was doing what he needed to do to beat back the Nazi horde. I am pretty happy they had the fortitude to do it.

    Comment by Sabyen91 — February 16, 2008 @ 3:35 am

    well, I understand your position, but the pilots of “shock and awe” were not beating back Nazi hordes, nor were the napalm-deliverers of Viet Nam. Our military has been turned into a killing machine for corporate interests, and what they have done for the past 40 years has very little to do with defending our freedoms. Especially during the Iraq war, when there is virtually no air resistance, and pilots and bombardiers are in little danger while destroying wedding parties and city blocks. And I am going to poung McCain as Kerry was pounded. We need to prevent another republican catastrophe, in any way we can, and Mccain’s sickening cowardice in the face of pressure from his GOP masters bodes very ill for the future of our country if he isn’t stopped. So try reading a little between the lines.


  218. GL2814 says:

    Our military has been turned into a killing machine for corporate interests, and what they have done for the past 40 years has very little to do with defending our freedoms.

    You just hit the nail on the head. Exactly!


  219. barfly says:

    Will Alan Greenspan now claim the country is in the grip of an “irrational pessimism?”


  220. Quizmos says:

    Like father, like son.


  221. PrahaPartizan says:

    T2, you have absolutely no understanding of the economy of the 1970s or of economics in general. You have misrepresented Nixon’s imposing price and wage controls as the cause of the inflation in the 1970s rather than as a symptom of the underlying inflation caused by an out of control Fed.

    The wage and price controls (and I can tell you that the wage controls were imposed much more rigorously than the price controls) could not have caused the inflation component of the stagflation about which speak. Rather, the stagflation was caused by the enormous amounts of cash being shipped offshore in the first round of energy price increases and industrialization heading for the Pacific Rim in Japan, Korea, Singapore, Taiwan, Thailand, and Malaysia.

    Nixon and Ford leaned on the Fed to keep the money spigots open through the 1976 election, hoping to forestall the recession which was threatening just in time for the 1976 election. Of course, all that happened was that hot money wound up igniting inflation (just as we’re seeing now) after a few quarters lag and the new Fed head rapidly ratcheted up interest rates to kill the inflation bug. It was that rapid increase in rates which caused the stagnation, just like the increased rates Greenspan engineered against Gore in 2000. Strange how that old fool never saw that recession coming in late 2000 and early 2001 but kept increasing rates right through the election.



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