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. www.salon.com.../politics/war_room/2011/08/01/krugman_this_week_predicts_lost_decade
"The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further," he wrote in the Times Sunday, with a sentiment echoed during his Sunday show appearance
He predicted that unemployment would rise again to nine percent again and that America will experience economic consequences comparable to Japan's "lost decade," (when an economic program of frugality hindered recovery from an asset bubble collapse in the 1990s).
Krugman criticized the debt negotiations: Basically the Republicans said we'll blow up the world economy unless you give us exactly what we want, and the President said OK. That's what happened. . . . We're having a debate in Washington which is all about, "we're going to make this economy worse, but are we going to make it worse on 90 percent of the Republican’s terms or 10o percent of the Republican’s terms?" And the answer is 100 percent.
The Benedict Arnold of the Democratic Party
Originally posted by inforeal
reply to post by kro32
I am an independent who only believes in voting the lesser of two evils in the American political landscape. Compared to republican’s democrats are saints evennthough they are, mostly, bought and paid for like republicans but at least they have the possibility of being humans. I supported Hillary over Obama, seeing his weak nature even then.
Originally posted by inforeal
reply to post by kro32
I am an independent who only believes in voting the lesser of two evils in the American political landscape. Compared to republican’s democrats are saints even though they are, mostly, bought and paid for like republicans but at least they have the possibility of being humans. I supported Hillary over Obama, seeing his weak nature even then.
Originally posted by TreadUpon
I'd just like to point out that Benedict Arnold was a hero and great friend of the new nation before he betrayed her. Barry has no comparable experience with him whatsoever.
Benedict Arnold's betrayal of his nation was a surprise to all. The catastrophic route BO has taken was expected from the beginning...
Originally posted by butcherguy
Are you just saying this because he is black?
Some people just can't stand it, having a black president.
Please note sarcasm. The above blurb is all we ever heard if someone complained about anything Obama for quite a while.
Originally posted by inforeal
Barack Obama, is a prevaricator, hypocrite, quisling, and worst democratic president in history.
Again he has folded and given away too much to his political opponents that will be a detriment to the economic recovery and likely will spell his political doom.
He has abandoned the core principles of the Democratic Party enunciated and initiated by FDR and the new deal by SURRENDERING to the anti-human republican tea party blackmail and by abandoning his promise not to tamper with social security, Medicare and Medicaid. He has betrayed the democratic principles that he promised to abide by, of maintaining a staunch line in the sand against any tampering with cutting vital services to the vulnerable and elderly in America.
As of now any democrat has an obligation to vote down this despicable surrender to ignorance and anti-human policies that this budget deal entails. Not only for democratic principles of human decency and humanity but to save the country from the inane economic policies that this deal will force on the American people.
As Paul Krugman says this deal will initiate a lost decade:
. www.salon.com.../politics/war_room/2011/08/01/krugman_this_week_predicts_lost_decade
"The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further," he wrote in the Times Sunday, with a sentiment echoed during his Sunday show appearance
He predicted that unemployment would rise again to nine percent again and that America will experience economic consequences comparable to Japan's "lost decade," (when an economic program of frugality hindered recovery from an asset bubble collapse in the 1990s).
Krugman criticized the debt negotiations: Basically the Republicans said we'll blow up the world economy unless you give us exactly what we want, and the President said OK. That's what happened. . . . We're having a debate in Washington which is all about, "we're going to make this economy worse, but are we going to make it worse on 90 percent of the Republican’s terms or 10o percent of the Republican’s terms?" And the answer is 100 percent.
As it stands now, they only thing that will save this country from it going over again to a republican fascist state similar as it was under George Bush, which will be even crazier because of this abomination called the tea party now attached to it, is for the democrats ( the lesser of two evils) to abandon Barack Obama, the Benedict Arnold of the democratic party, and get another democratic candidate.