Clap harder, CLAP HAAAARDER!!!

Typed “daily” into the Google search bar looking for the Daily Show, got DailyKos instead.  What the heck, let’s see what they have on the first page.  Oh, it’s a post by DemFromCT titled “What if the Economic News Gets Better?

{{faceplant}}

First, there’s an oh so brief blurb on the Greek sovereign debt crisis, that looks like it’s going to turn out ok anyway!  Isn’t that great??  The stock market is doing ok and the Euro bounced back, but we still hate Wall Street.  But our 401Ks are doing well, not that any Kossacks care about materialism and filthy lucre made on the backs of working people all over the world.  Dayum, do you see the slope on that curve?  It’s f%c^ing *awesome*!

But then, the post gets serious and discusses the GDP.

Right, who are we fooling?  Oh, right, these are Kossacks, who were used as a giant male fraternity party clueless focus group for the Obama campaign in 2008.  So, the bad news is that GDP was only 0.7% for the first half of the year.  The good news is that it was 2.5% in the 3rd quarter!  Isn’t that great?  That will keep those nasty wasty Republicans (boo!, hiss!  boo!) at bay next year because if this keeps up for the 4th quarter, we’ll have an average annual GDP for 2011 of …

… wait for it…

.

.

.

… it’s going to be good…

.

1.6%!!

{{cue the bad magician music}} Da-da-DA-DA-da-DA-da-DA-DA, Da-da-DA-DA-da-DA-da-DAAA!!

Uhhh, guys?  That’s not that good.  And you know what?  9.2% unemployment is a bigger number and likely to stick in the public’s mind a lot longer.  Just think about it: next year, presidential candidate’s debate, Obama gets up there and announces a sensational 1.6% GDP, pats himself on the back, because that is so Barry. Romney furrows his brow (provided he can actually move it) and says, almost sotto voce “9.2% unemployment”, shakes his head, glances at Obama, looks down at his podium, shuffles his notes, shakes his head again, sighs.

See where I’m going with this?   A GDP of 1.6% is anemic.  Check out this post from Brad Plumer at WaPo.  Here’s the money quote:

The economy grew at a 2.5 percent annualized pace in the third quarter of 2011, according to new Commerce Department data released this morning. Seeing as how plenty of economists were grumbling about a double-dip recession not too long ago, even modest growth counts as cheering news. But 2.5 percent growth won’t bring us back to full employment anytime soon. So how much growth do we actually need?

Short answer: A lot more. Back in August, the Congressional Budget Office released its revised GDP forecasts and predicted that the economy would gallop along with 3.6 percent growth between 2013 and 2016. Now, as Jeffrey Frankel has shown, government forecasters tend to err on the optimistic sign, but even in the CBO’s sunny scenario, we wouldn’t hit full employment until 2017.

It’s not enough to keep Social Security payroll taxes streaming in to keep the system going.  One year or two maybe we can make up the difference.  But four?  With another four more years of Barry at the wheel carrying on the Bush legacy and trying to make Grand Bargains with the Republicans to give away virtually all we have left?  What are you guys smoking over there?

The next part of the post is the funniest:

Sure, none of this changes the huge need for jobs or fixes the housing crisis, but with Obama pounding jobs bills and student relief (and some of it actually getting into the headlines and onto the news), it might just reverse the bad news coverage Obama has been getting this year.

It’s of special importance because the GOP really has nothing beyond economic frustration to run on. Their plan, be it this week’s flat tax, last week’s 9-9-9 or Paul Ryan’s disastrous roadmap is all the same: coddle the rich and screw the middle class. No one likes their plan, but with a tanking economy, no one is going to reward incumbents.

So what happens if a year from now, the economy isn’t tanking? Keep in mind the Republicans have no Plan B if America does well.

So, we admit that Obama has been a failure, just as we Conflucians predicted him to be back in 2008, given that he was an inexperienced, political unknown who seemed to flinch whenever anyone called him a Democrat and was being funded by Wall Street in vast quantities (We HATE Wall Street! Remember? But look at my 401K!!).  And we admit that he clusterf^&*ed the housing foreclosure crisis and the unemployment crisis and sure, it looks bad.  But that’s just because Obama keeps getting bad news coverage.  If he gets *good* news coverage, we unemployed people who can’t pay our mortgages will just let bygones be bygones.

And what’s this about the GOP plan to “coddle the rich and screw the middle class”?  I thought that was Obama and the Congress’s plan.  Isn’t it?  Because that’s what it looks like to me.  If Obama and the Democrats have the same plan as Romney and the Republicans, how are we supposed to tell them apart?  Better yet, why should I vote for either of them?  There are other options on the ballot and, who knows, by this time next year, there may be a third viable candidate.  The Occupy movement has unveiled a deep dissatisfaction with both parties.

What is Obama’s Plan B anyway?  I mean, if he wins re-election in 2012, he doesn’t have to have one, you nitwits.  Which is why you shouldn’t be giving him a pass.  You should be on his case and vowing not to vote for him unless he does something for you *before* the election.  Unless all you care about is your 401K.  (Didja see the slope on that graph??)  Even Steve Jobs told Obama that his poor performance on the economy was going to cost him the White House in 2012.  True story.  It’s in Jobs’ new biography by Walter Isaacson.  And we know that Jobs was pretty damn good at getting a feel for what people want.  (Have you checked the quarterly earnings for Apple these days??  Amazing!  Oh, but we HATE Wall Street)

Look, you Kossacks screwed up good in 2008 and as a result, the pain and misery for millions of Americans is going to continue for a long, long time if either Romney OR Obama wins next year. Yes, YOU, You are responsible. The best thing you can do is stop trying so hard to make this sound better than it is.  Stop lying to yourselves and each other.  If you want to make this better, tell Obama to step down now and let someone else with longer coattails take on the Republicans.  Even you guys can’t possibly be as delusional as DemFromCT’s post.

By the way, he could have stopped what happened in Oakland on Tuesday night if he really cared about citizens and their first amendment rights.  There’s an Iraq War veteran who is now in the hospital in critical condition because of this out of control overreaction by “riot police”, if that’s what we’re calling them these days.

I don’t know what is worse, that they knocked this poor guy out and seriously injured him or that they tried to prevent other people from helping him.  I haven’t been so disgusted with the behavior of police in a long time.  This is outrageous.

**************************

In a bit of good news, apparently, Elizabeth Warren’s embrace of the Occupy Movement hasn’t dampened the enthusiasm of the people of Massachusetts who want to work for her senate campaign.  This is a picture of the people who volunteered on Tuesday to lend her campaign a hand.

Golly!  Can we clone her??

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