Comments on: Grim Report on Economy Gives Mitt Romney an Opening to Shift Back to Economic Message http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/ The latest Politics news and blog posts from ABC News contributors and bloggers including Jake Tapper, George Stephanopoulos and more. Sat, 21 Feb 2015 19:31:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: bobbob7779311 http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28405098 bobbob7779311 Fri, 24 Aug 2012 22:33:22 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28405098 Mitt says big businesses are doing fine! Will Mitt and republicans give President Obama credit? LOL!!!! Mitt says big businesses are doing fine! Will Mitt and republicans give President Obama credit? LOL!!!!

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By: Inquisitor http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28398505 Inquisitor Thu, 23 Aug 2012 22:44:06 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28398505 "Reason is not automatic; those who deny it, can not be conquered by it." “Reason is not automatic; those who deny it, can not be conquered by it.”

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By: bobbob7779311 http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28398311 bobbob7779311 Thu, 23 Aug 2012 22:24:18 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28398311 Us non economic scholars understand that the key to prosperity is a strong middle class! Republicans are waging war on the middle class and giving tax payer’s money to the already rich in hopes that they produce jobs. Stop kissing the rich butts who deliberately ship jobs overseas!!!! Us non economic scholars understand that the key to prosperity is a strong middle class! Republicans are waging war on the middle class and giving tax payer’s money to the already rich in hopes that they produce jobs. Stop kissing the rich butts who deliberately ship jobs overseas!!!!

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By: Inquisitor http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28398031 Inquisitor Thu, 23 Aug 2012 21:32:10 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28398031 The Republican party wants to return to the Guilded Age, with its Laissez-faire and Social Darwinism, when Big Business operated without regulation or taxes. The Republican party wants to return to the Guilded Age, with its Laissez-faire and Social Darwinism, when Big Business operated without regulation or taxes.

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By: John M. http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28397512 John M. Thu, 23 Aug 2012 19:29:50 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28397512 Blame, Blame, Blame? In 2007 Democrats were the majority in the Senate and House with Reid and Pelosi. I never heard Bush blame the the House and Senate for anything. Obama and the Democrats took office in 2008 and had COMPLETE control for over 2 years and got nothing accomplished. As an Independant, you have to question the Leadership. Blame, Blame, Blame? In 2007 Democrats were the majority in the Senate and House with Reid and Pelosi. I never heard Bush blame the the House and Senate for anything. Obama and the Democrats took office in 2008 and had COMPLETE control for over 2 years and got nothing accomplished. As an Independant, you have to question the Leadership.

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By: yeshe zhonnu http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28393194 yeshe zhonnu Thu, 23 Aug 2012 03:03:31 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28393194 Obama only wants to extend the tax cuts for the first 250000 dollars for everyone's income. We can't afford to extend millions more for incomes over 250k. This is not the time to take on the deficit if it means pushing the economy back into a recession. Now is the time to use quantitative easing to increase the money supply. There is no crowding out danger as long term rates are actually negative. Keynes did say we could get out of this trap we are in by increased government spending. Keynesian stimuli will work if they are sufficiently funded. WWII was the stimulus that got us out of the Great Depression. During that expansion, consumers had to ration certain items needed for war but the war effort was successful in ending the depression and bringing in an era of unprecedented consumer spending while strong regulations like Glass Steagal were in place and the rich were paying progressively fairer percentages in taxes and by the 1960's we saw the smallest income inequality rates in history. The original stimulus was about 1/1000th of what we needed to avoid the recession but that was politically unpopular. In fact, congress has made anything that Obama recommends impossible to achieve because the Repubs only goal is to get rid of Obama. That's fiscal irresponsibility. Obama only wants to extend the tax cuts for the first 250000 dollars for everyone’s income. We can’t afford to extend millions more for incomes over 250k. This is not the time to take on the deficit if it means pushing the economy back into a recession. Now is the time to use quantitative easing to increase the money supply. There is no crowding out danger as long term rates are actually negative. Keynes did say we could get out of this trap we are in by increased government spending. Keynesian stimuli will work if they are sufficiently funded. WWII was the stimulus that got us out of the Great Depression. During that expansion, consumers had to ration certain items needed for war but the war effort was successful in ending the depression and bringing in an era of unprecedented consumer spending while strong regulations like Glass Steagal were in place and the rich were paying progressively fairer percentages in taxes and by the 1960′s we saw the smallest income inequality rates in history.
The original stimulus was about 1/1000th of what we needed to avoid the recession but that was politically unpopular. In fact, congress has made anything that Obama recommends impossible to achieve because the Repubs only goal is to get rid of Obama. That’s fiscal irresponsibility.

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By: bobbob7779311 http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28393174 bobbob7779311 Thu, 23 Aug 2012 02:58:22 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28393174 Every country in the EU has Economy problems and they started before Bush left Office! According to republican logic, every country in the EU has a nincompoop in charge!!!! If American is stupid enough to fall for the party that created this economic nonsense than I will laugh as the republicans resume taking the country over the cliff but the workers of America will not be laughing and the republicans will have no leg to stand on!! Every country in the EU has Economy problems and they started before Bush left Office! According to republican logic, every country in the EU has a nincompoop in charge!!!! If American is stupid enough to fall for the party that created this economic nonsense than I will laugh as the republicans resume taking the country over the cliff but the workers of America will not be laughing and the republicans will have no leg to stand on!!

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By: bobbob7779311 http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28393140 bobbob7779311 Thu, 23 Aug 2012 02:50:57 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28393140 The GOP plan was to lie their way back into the House and do nothing once they got in! There cover was to be that they introduced bills but they were blocked by the Dem majority Senate. The Republicans loaded up their bills with exclusively failed republican rehash knowing that it would not pass!!!!! Some Americans are just stupid. The GOP plan was to lie their way back into the House and do nothing once they got in! There cover was to be that they introduced bills but they were blocked by the Dem majority Senate. The Republicans loaded up their bills with exclusively failed republican rehash knowing that it would not pass!!!!! Some Americans are just stupid.

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By: Stu http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28393117 Stu Thu, 23 Aug 2012 02:45:23 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28393117 Posted by: don | August 22, 2012, 10:39 pm 10:39 pm The Bush tax cuts were in place all the way through the Bush economic collapse, and the intervening years to now. Posted by: don | August 22, 2012, 10:39 pm 10:39 pm

The Bush tax cuts were in place all the way through the Bush economic collapse, and the intervening years to now.

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By: bobbob7779311 http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/#comment-28393116 bobbob7779311 Thu, 23 Aug 2012 02:44:57 +0000 http://abcnews.go.com/blogs/politics/?p=808417#comment-28393116 Republicans are to blame for(slow economy; it is recovering and heading NORTH) their deliberate obstructionism and it was as they planned figuring that enough Americans would be too stupid to understand their slight of hand trick!!! Republicans are to blame for(slow economy; it is recovering and heading NORTH) their deliberate obstructionism and it was as they planned figuring that enough Americans would be too stupid to understand their slight of hand trick!!!

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