cshort spitting' truthcshort wrote:TenuredVulture wrote:The reason why the current recovery is much less impressive than those of the past is that the causes of the recession were different than those of the past--specifically, this recession was caused by over-leverage. That means that companies and business are spending their recovery money paying off debt, rather than using it to consume and start new business. I mean, that's what I understand anyway but it's probably an oversimplification.
Also, however, you have to add to that a secular shift in the economy that's been going on for decades now. People who worked in manufacturing through the 80s shifted to construction as manufacturing jobs went over seas. That resulted in a slow erosion of purchasing power. Things got worse however as the construction boom ended and those construction jobs went away. The problem is those jobs are not going to come back. This is probably why Pacino thinks there will never be a boom again. However, I don't necessarily agree. But people are going to have to develop new skills to cope with economic changes.
Corporations are sitting on a mountain of cash right now, it's the governments that are over leveraged. Until corporations get a clearer picture on how things are going to play out, they'll sit on the sidelines and not make significant capital investment. Governments would be wise to put in place tax policies that will encourage investment (the UK has already started this) once companies are ready to move, and the US corporate tax rate is well behind other countries in this respect.
I also agree that there will be other booms. Technology is advancing so rapidly it's inevitable. The idea is to make sure there's a business and educational environment to take advantage of it.
I don't know which came first, Dockers or Santorum, but one was made for the other one.
Newt was just not meant for a suit. He should be wearing a track suit. He looks like a German 12-year-old boy eating ice cream at OctoberFest.
TenuredVulture wrote:You people have it all wrong. Newt is like the greatest thing ever (for political science professors who need something entertaining to fill 20 minutes of class time.)
pacino wrote:newt's children are over 40. mindblowing
Werthless wrote:Reform our educational and tax systems, and we'll get our booms.
jerseyhoya wrote:Newt's SuperPAC spent millions in the state attacking Romney. Final ads aired tally was 68% negative on Gingrich, 23% negative on Romney, 8% positive on Gingrich. So a bit more than 2-1 in favor of Romney. Romney+Romney's SuperPAC outspent Gingrich+Gingrich's SuperPAC by about 4-1, but the public sector unions spent a million bucks hitting Romney too.
thephan wrote:jerseyhoya wrote:Newt's SuperPAC spent millions in the state attacking Romney. Final ads aired tally was 68% negative on Gingrich, 23% negative on Romney, 8% positive on Gingrich. So a bit more than 2-1 in favor of Romney. Romney+Romney's SuperPAC outspent Gingrich+Gingrich's SuperPAC by about 4-1, but the public sector unions spent a million bucks hitting Romney too.
I think it was the 24% of ads that were neither positive or negative about Gingrich that killed him. How much money was wasted on those ads that apparently were so generic and lame that they did not even register with the public or political analysts?
gr wrote:Colin Quinn on the Dennis Miller radio show a few weeks ago:I don't know which came first, Dockers or Santorum, but one was made for the other one.
Newt was just not meant for a suit. He should be wearing a track suit. He looks like a German 12-year-old boy eating ice cream at OctoberFest.
thephan wrote:Hearing Bob McDonnell, VA governor, is being bandied about as a viable VP candidate. Some of that is to pull VA back to the GOP from its swinging to Obama last election and another is to provide a conservative flavor to a potential Romney ticket. He has been a pretty big waste of office space in VA in my view. I think he would bring some problems with him, the least of which is quietly returning Confederacy Month back to the official Virginia calendar in 2010. He set the month as April. Part of this gaff was declaring that slavery wasn't significant to Virginia's Civil War history. He recanted that statement a day later, presumably when someone stopped by with a history book. At the start of he Civil War Virginia had more then 500,000 slaves. I would not miss Bob if he moved on.
The thesis, written while McDonnell was at Virginia Beach's evangelical Regent University pursuing degrees in public policy and law, took a far-right approach on a number of social issues. Calling feminism one of the "real enemies of the traditional family," McDonnell wrote that working women were "detrimental" to family values. He also wrote that a 1972 Supreme Court decision that allowed unmarried couples to use contraception was "illogical," that the government should "fight any attempts to redefine family by allowing special rights for homosexuals or single-parent unwed mothers," and that government should "statutorily and procedurally prefer married couples over cohabitators, homosexuals, or fornicators."
traderdave wrote:This calls for an image of Augustus Gloop. Too bad I can never figure out how to post them.
jerseyhoya wrote:thephan wrote:jerseyhoya wrote:Newt's SuperPAC spent millions in the state attacking Romney. Final ads aired tally was 68% negative on Gingrich, 23% negative on Romney, 8% positive on Gingrich. So a bit more than 2-1 in favor of Romney. Romney+Romney's SuperPAC outspent Gingrich+Gingrich's SuperPAC by about 4-1, but the public sector unions spent a million bucks hitting Romney too.
I think it was the 24% of ads that were neither positive or negative about Gingrich that killed him. How much money was wasted on those ads that apparently were so generic and lame that they did not even register with the public or political analysts?
What
RichmondPhilsFan wrote:The Confederate History Month thing is really just nothing.
RichmondPhilsFan wrote:The bigger problem is probably still his law school/public policy thesis. If GOPers made a big deal out of Michelle Obama's thesis, what are Dems going to be able to do with Bob's thesis?
For the non-Virginians http://www.usnews.com/news/articles/2009/09/10/mcdonnell-thesis-heats-up-virginia-governors-race:The thesis, written while McDonnell was at Virginia Beach's evangelical Regent University pursuing degrees in public policy and law, took a far-right approach on a number of social issues. Calling feminism one of the "real enemies of the traditional family," McDonnell wrote that working women were "detrimental" to family values. He also wrote that a 1972 Supreme Court decision that allowed unmarried couples to use contraception was "illogical," that the government should "fight any attempts to redefine family by allowing special rights for homosexuals or single-parent unwed mothers," and that government should "statutorily and procedurally prefer married couples over cohabitators, homosexuals, or fornicators."
Oh and unlike Michelle Obama, Bob was 34 when he wrote the thesis.
Combine that with his anti-gay policies, the new anti-abortion regulations, and a bunch of other minor things, and he'll have a lot of trouble disavowing his "past" uber-conservative views. The Deeds campaign was incredibly poorly managed in 2009 yet they still got some traction out of this... think what a well-managed smear campaign could do. "Romney-McDonnell... the most anti-woman ticket since the 1950s." "A Romney-McDonnell administration would have women back in the kitchen... where they belong." "Romney-McDonnell don't think that women should have the right to birth control."
drsmooth wrote:traderdave wrote:This calls for an image of Augustus Gloop. Too bad I can never figure out how to post them.
not the best Gloop snap, but
drsmooth wrote:I never thought of VA as a creepy state, but man it's creepy
Cantor
Cuccinelli
McDonnell
where does it end