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The Stall Has Arrived (Even leftists are admitting it)
RobertReich.org ^ | 5/4/2012 | Robert Reich

Posted on 05/05/2012 11:14:10 AM PDT by Signalman

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To: kearnyirish2

Obama can’t win less than 40-45% of the vote. When you add up all the welfare queens and food stamp recipients and people on their 90th month of unemployment, most of these will vote to re-elect Obama to keep the gravy train flowing. I would be shocked if Obama gets less than 45% of the electoral vote.

But more than 50% of the nation works, pays taxes and is in mortal fear of everything from job loss, to 401k’s being raided, to falling house values, to rising gas prices. Obama is going to lose but it will be close. Those on the gravy train are well over 40% so there is no way he wins less than 45% of the vote.

I still think he loses because of the economy.


41 posted on 05/05/2012 11:32:41 PM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: Freedom_Is_Not_Free

“When you add up all the welfare queens and food stamp recipients and people on their 90th month of unemployment, most of these will vote to re-elect Obama to keep the gravy train flowing.”

People who have already run out of unemployment will be the first to show up to vote against Obama; those that are approaching the end will be right behind them.

“But more than 50% of the nation works, pays taxes and is in mortal fear of everything from job loss, to 401k’s being raided, to falling house values, to rising gas prices.”

The falling house prices and rising prices for everything else are shared by many of the unemployed; even people on fixed incomes (retirement, unemployment, disability) are getting creamed at the cash register.

“Obama can’t win less than 40-45% of the vote.”

I’d love to see how he intends to win more than 25% of the popular vote. “His” losses in 2009 (in states that he carried a year earlier - NJ, MA, VA), followed by his beat-down in the midterms, tell me a lot more than any BS poll released by Obama’s media. When I see him reaching out to college students and blacks (both of which, like everyone else except government workers, are worse off than 4 years ago), I take that as a sign that he knows he has lost the middle class and swing voters. When things are this bad, there is no more “swing vote”.


42 posted on 05/06/2012 7:40:22 AM PDT by kearnyirish2
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To: Freedom_Is_Not_Free; Bob
Can you find statistics on employment for those over 55? If their employment participation is not dropping then they are not retiring and the losses have to be coming from lost jobs, not retirements.

I found stats and numbers for 65 and older on Table A-6.

The numbers are divided into Disabled and not Disabled. From April 2011 to April 2012 a total of 1,423,000 65 and older left the labor force. That's an average of 118,580 per month. The numbers are not seasonally adjusted.

IIRC normal population growth is about 125,000 per month and approximately 125,000 new workers consisting of green cards and temp work visas come into the US each month.

Here's an article with some interesting tidbits regarding employment and unemployment.
43 posted on 05/06/2012 7:49:10 AM PDT by khelus
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To: khelus

Great links, thanks.


44 posted on 05/06/2012 11:56:57 AM PDT by Bob
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To: khelus

Well then the reduced labor participation can’t be due to a flood of senior citizen retirements.


45 posted on 05/07/2012 11:58:21 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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