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Its the economy stupid

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  • Independent
    Washington
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    Its the economy stupid.The Republicans are engaged in a conspiracy to suppress the U.S. economy for their own political benefit.This especially rings true when you find that they are blocking infrastructure spending which will most likely send a million people to the unemployment lines in August and September.Congradulations to the Rebuplicans for becoming the biggest terrorists in the world.
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    It is indeed the economy. But for the Republicans, the economy is a political tool. They are doing everything in their power to sabotage the economy...no jobs act...no increase in the minimum wage...no comprehensive immigration reform...no unemployment benefits extension...no expansion of Medicaid (red states)...all measures that would boost the economy. And that's why measures like these that have been historically supported by moderate Republicans now cannot get passed. These failed initiatives will be used to blame Obama at every turn. That's what Republicans do.
  • Liberal Democrat
    Democrat
    Piqua, OH
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    You're right and Speaker John "Beaner" is leading the charge! Sabotage is a good word for shutting down the government at a cost of 25 billion dollars and throwing a monkey wrench into a fragile economy. The Republicans should be charged with treason instead Boehner is labeling himself a hero for coming out... against... healthcare for millions of people. He has labeled himself as a" fighter" for seniors when he is really fighting against seniors and that's what he said in response to our petition. He said we were getting too many "entitlements" with our Social Security. I guess He was talking about my onetime 25 dollars a month cost of living increase. I suppose he needs that money to give to the millionaires and billionaires his friend Paul Ryan promised 100 thousand dollars a piece to. He doesn't care if he goes down as the leader of the most dysfunctional congress in history as long as he can lie his way back to Washington where he can continue to serve his masters (the ultra wealthy) and obstruct any real humanitarian progress.






















































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    Mr.JB Wrote: Its the economy stupid.
    This campaign focus proved to be a big winner for Bill Clinton, and I think it should be a focus for most national campaigns. There is a huge vacuum in national politics for candidates with populist messages. The Tea Partiers are populists, but their economic populism is overwhelmed by their distrust of government. Democrats are centrist and not populist under Obama's leadership. The Green party is populist but perhaps too populist and radical with regard to non-economic issues.

    Populist economics can succeed with the following objectives:

    - higher wages
    - lower taxes on wages
    - inject more money into the economy via government infrastructure programs

    The key is in understanding that these proposals can be fundamentally sound, from an economic perspective. Lower taxes and higher government spending should be proposed as a package of automatic stabilizers, that go into reverse should inflation become a bigger problem than stagnation of wages and high unemployment.

    The notion that federal government "debt" will be a burden down the road should be aggressively countered, as this argument as commonly expressed is based upon bad economics. Government debt is more like money than it is debt. If we (Democrats and other liberals) can learn this, then we will be much more effective in spreading a populist economic message.

    The central bank (Federal Reserve in U.S.) swaps money for "debt" all the time in order to manage interest rates. The two are largely interchangeable. The US debt outstanding has been reduced by trillions of dollars in recent years via so-called QE (monetization of debt), and few have noticed. People claim to care about the "debt" and deficit, but few vote based upon these items, and for good reason. More important to people are wages and prices, job opportunities and benefits such as health insurance and retirement plans.