Spend now, while the economy remains depressed; save later, once it has recovered. How hard is that to understand?
Tag: yep
UI issues
by Jordan Eizenga
…research by the San Francisco Federal Reserve Bank has found that the current link between high UI benefits and poor job search efforts is weak. Researchers found that unemployed workers who qualify for UI benefits have been unemployed for only 1.6 weeks longer than those who do not qualify for such benefits. This suggests that the persistently high level of unemployment is not so much a function of labor supply, but rather labor demand. In other words, workers are willing to work, but employers are not very interested in hiring them.
Yep, yep, yep, a thousand times: YEP. While it’s always convenient and even mildly masturbatory to blame the victim, the fact is people want to work. And, like the Easter Bunny and the Tooth Fairy, the Welfare Queen with Her Cadillac is was and always will have been a figment of Reagan and the right wing’s id-maginations.
Sorry, but it’s true.
On the one hand, Republicans have had a major role in shaping [the healthcare reform, financial regulation, and climate change bills]. On the other hand, they haven’t had to vote for these bills, and so they could cleanly campaign against legislation that a member of their party helped write. And as an added bonus, Democrats are stuck trying to defend a bill that their base doesn’t like very much and that’s thick with compromises that annoy political elites.
Ezra Klein on the Lone Republican strategy, which has put Snowe, Corker, and now Lindsey “Huckleberry” Graham alone in the room full of Democrats, at least until it mattered. Bill successfully shaped to GOP specifications, compromise time is over, Democrats pass unpopular, weakened bill (seemingly forgetting to dump the compromise portions every single time) and the GOP gets to campaign against it all, with emphasis on “back room deals” and “sweetheart provisions,” many or even most of which were made at their behest.
And, worst of all, The Democrat is shocked every single time.
And, worst of all, The Democrat is shocked every single time.
On the national level, bipartisanship usually means Democrats ignore the needs of the poor and abandon the idea that government can play a role in issues of poverty, race discrimination, sex discrimination or environmental protection
Barack Obama… in 1996
Oilbama
Obama WILL be blamed for the plight of poor MAJORITIES in the Gulf fishing and tourism industries.
Via the unfair, unrelenting criticism that Obama is about to receive – it’s coming, you best believe it’s coming, especially when those businesses die – liberals will atone for that sin.
This is utter nonsense. Look no further than noted asshat David Brooks:
(via chuckmore) for a moment of clarity on this:
“I persist in the belief that unless Barack Obama has a degree in underwater engineering that he’s not telling anybody about, there’s really not a lot, post-spill, he could be doing. Like you, I’m not a huge fan of presidential grandstanding. The idea that the president is the big national daddy who can take care of all our problems is silly.”
Yep
This crisis is the fault of BP and the total regulatory capture on the part of the oil industry. All of which happened over the past 20 years of conservative rule. But, sure, let’s just blame Obama and require “liberal atonement” for an event totally out their purview. After all, everything is always bad for The Democrat.
Rand Paul has this tendency to get in public or get on national cable shows and feel like he wants to give me a lecture on constitutional law. I’m the attorney general of Kentucky. He didn’t go to law school. I did. I don’t need a lecture on Constitutional law from Rand Paul or Sarah Palin.
Jack Conway (via apsies)
The iPad gets criticized time and again for being a device built solely for consuming, but I’ve already created vastly more content on my iPad than I ever will on that static, creaking piece of furniture that’s been in every living room in the world for 60 years.
Lemkin 