Back in February 2009, President Obama told Today Show host Matt Lauer that he’d be a one-term president if he didn’t fix the economy in three years.

“I will be held accountable,” Obama said. “I’ve got four years and … A year from now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”

And progress has been made. Thanks for reminding us all of just how smart and aware President Obama is.

If Obama loses, all I can hope for is that Moderate Mitt shows up. Because if we get Tea Party Brown Noser Mitt, we are headed for an economic disaster. Mitt is fond of saying we are currently headed in the direction of Greece. If we go all Tea Party, we will head in the direction of Spain.

Moderate economic action based on economic facts is what will save us.

http://www.nytimes.com/2012/10/22/opinion/krugman-the-secret-of-our-non-success.html?_r=0

Take a moment to read about economic research. An excerpt:

The U.S. economy finally seems to be recovering in earnest, with housing on the rebound and job creation outpacing growth in the working-age population. But the news is good, not great — it will still take years to restore full employment — and it has been a very long time coming. Why has the slump been so protracted?

The answer — backed by overwhelming evidence — is that this is what normally happens after a severe financial crisis. But Mitt Romney’s economic team rejects that evidence. And this denialism bodes ill for policy if Mr. Romney wins next month.


>> ^quantumushroom:

Back in February 2009, President Obama told Today Show host Matt Lauer that he’d be a one-term president if he didn’t fix the economy in three years.
“I will be held accountable,” Obama said. “I’ve got four years and … A year from now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”

This is only "good" progress for a 2nd-world nation. Obama can't run on his record.

The American people (those who vote anyway) aren't buying that this is the best that can be done.

President Mitt will succeed or fail based on how closely he adheres to conservative fiscal principles.

As for govt. spending, don't worry, it's always increasing.



>> ^bareboards2:

And progress has been made. Thanks for reminding us all of just how smart and aware President Obama is.
If Obama loses, all I can hope for is that Moderate Mitt shows up. Because if we get Tea Party Brown Noser Mitt, we are headed for an economic disaster. Mitt is fond of saying we are currently headed in the direction of Greece. If we go all Tea Party, we will head in the direction of Spain.
Moderate economic action based on economic facts is what will save us.
http://www.nytimes.com/2012/10/22/opinion/krugman-the
-secret-of-our-non-success.html?_r=0
Take a moment to read about economic research. An excerpt:
The U.S. economy finally seems to be recovering in earnest, with housing on the rebound and job creation outpacing growth in the working-age population. But the news is good, not great — it will still take years to restore full employment — and it has been a very long time coming. Why has the slump been so protracted?
The answer — backed by overwhelming evidence — is that this is what normally happens after a severe financial crisis. But Mitt Romney’s economic team rejects that evidence. And this denialism bodes ill for policy if Mr. Romney wins next month.

>> ^quantumushroom:
Back in February 2009, President Obama told Today Show host Matt Lauer that he’d be a one-term president if he didn’t fix the economy in three years.
“I will be held accountable,” Obama said. “I’ve got four years and … A year from now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”

Moving this video to bareboards2's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.