clearly that’s why they want to push all the crap through “this year”, so it’s a distant memory come election time
Uh.. They are running the ship straight into the iceberg. The chances of a recovery are slimmer every day. Even if the economy does recover don’t forget about the fact we can harp that it will be a “jobless recovery” ,etc.
Not to mention they have plenty more time to overreach and screw up in the next year.
Don't count on it.
This is the BIG GAMBLE, democrats think the economy will bounce back by the mid terms or 2012, Republicans are hoping Obama`s neo-marxist policies will continue to tank the economy leading to landslide victories.
I predict any uptick in the economy will lead to Republicans being the minority for the next 2 generations.
And I just can`t see how the economy will continue to slide for 2-4 years.
Don’t discount the American electorate’s delusion....it’s very strong. The majority still believe that Obama is their savior. And, with equal fervor, they have learned (been taught) to hate Republicans/conservatives.
unfortunately, people have short (very short) memories plus a sitting congresscritter has the edge over an incumbent.
Even if we are out of recession (very unlikely), we won't be out of debt.
I can see that happening. Remember, the more the government controls the more lies they can spread. This is fact, people!
Dictators, communists and radical fascists brainwash, pay off and control everything you see and hear. This will cause the average person to believe everything they say. Simple Marxism:
“Tell a lie long enough and people will eventually believe it...”
BTW, once a “lower level” bar or comfort of living has been set, then Americans will be content with less and less...kind of like “pigs in a pen”! as long as they are fed and not bothered they are content...
You’re forgetting that, regardless of how much PR and spin may be thrown out there, ultimately reality is going to assert itself. The Democrats are doing everything they can to assure that there will be no recovery, just as they did in 1932.
This recession/depression will still be raging in November 2010.
That will mean huge democrat losses but only if Democrats allow Congressional elections and don’t stop them due to a “National Emergency” that requires the full attention of congress critters that don’t want to squander their time campaigning for re-election.
Very likely. That’s why the stimulus spending is next year and Obama is talking down market this year(2009=GWB economy) , so next year the market Rallies’ from low 2000 to 8000 on Obama optimism.
Forget it. This was going to be a major depression anyway. It’s been building for a hundred years.
Obama has just guaranteed that it will last for the next 15 or 20 years.
The only question is whether he’ll be able, like FDR, to blame his disastrous handling of the crisis on his predecessor. FDR made things worse for fifteen years, yet with the help of the press he was able to spin it so he was regarded as the savior of his country. As things got worse, FDR got more and more popular and powerful.
It remains to be seen whether Obama can do that, because unlike FDR he is destroying the country on purpose.
“Democrats are taking a gamble.”
I don’t believe they are taking risk, which is what gambling is. I believe they actually believe in what they are doing because of their perspectives. They are wrong. Most Americans of Conservative values understand the reasons they are wrong.
“.....enough will accept the idea that spending like a drunken sailor is a good thing that this will be come public policy for the future.”
Enough didn’t forget, nor like the drunken spending of the Repubs in 2006 to put the Dems in power so what makes you think the people will accept such behavior as public policy for the future?
So, basically I’m saying to you that I disagree.
The fundamentals strongly argue that things will be much worse in 2010—precisely because of the horribly wrong policy actions the collectivists have decided to take.
Technically, the downmove since the fall of 2007 is clearly an impulsive move. It is also quite clearly the first downmove, and so must be followed by a corrective rally of some sort. But then there must be at least one more impulsive downmove, to new lows. There is no more reliable pattern in technical analysis. And the structure of the price charts could not be clearer. You can take this forecast to the bank. I'll even tell you that the bottom of the first downmove is only weeks away-perhaps even only days away. The spring Equininox is a highly likely target date for the bottom. Just be aware that the rally that follows won't reach new highs, and won't last more than a year or so (and most probably somewhat less.)
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Correction...
“It’s 21 months until the next election...”