What the 2012 election taught us

What the 2012 election taught us

There are 10317 comments on the The Washington Post story from Nov 6, 2012, titled What the 2012 election taught us. In it, The Washington Post reports that:

We've been scouring the data for clues as to what we should learn from what happened tonight as President Obama relatively easily claimed a second term.

Join the discussion below, or Read more at The Washington Post.

Yeah

Mililani, HI

#2492 Nov 19, 2012
La Santa Muerte wrote:
<quoted text>
Well, you know what they say about opinions. Just so happens yours is especially rancid.
lol! You know what's interesting and funny son? You cut out the fact portion!
1 post removed
Eric Gustafson

Yorktown, VA

#2494 Nov 19, 2012
La Santa Muerte wrote:
<quoted text>
Why do you keep insisting our economy collapsed?
News flash: it didn't.
It didn't if you didn't have a 401K, or own any Real Estate. If you are one of the individuals who had nothing invested or dependent on consumer spending, you're right, The American Economy didn't collapse.

sage won

“life under BO”

Since: Sep 12

buena vista

#2495 Nov 19, 2012
Eric Gustafson wrote:
<quoted text>
Bush will forever be tied to the Economic and Financial Collapse of America, he's earned at the very least a chapter in American History Books. Bush is to Fiscal Responsibility what George Washington is to the Cherry Tree in America.
Only by lying ignoramus's like you:

HAT A SURPRISE BO is a lying SOS:

Obama's claim that the Bush tax cuts helped cause the economic ...
www.washingtonpost.com/.../fact...bush-tax-cu... ...
Oct 1, 2012 FACT CHECKER | It's time for Obama to retire the talking point that Bush tax cuts and deregulation caused the 2008 economic crisis.

"The Facts

We should stipulate at the outset that Romney adamantly rejects the idea that he has proposed more tax cuts for the wealthy. His plan would cut tax rates, but also eliminate tax deductions, which he says would make the plan revenue neutral. But no one has proven that his numbers add up, and the respected nonpartisan Tax Policy Center concluded that the available details on the Romney plan suggest taxes would decrease for the wealthy but rise for the middle class.

Romney has advocated repealing the Dodd-Frank financial regulation bill. As for the role of deregulation in the crisis, there certainly has been news reporting showing that the Bush administration generally took a hands- off approach to regulating financial institutions.

But others would note the irony of Clinton citing the perils of deregulation under Bush because he also is culpable. Clinton signed into law a repeal of the Glass-Steagall law that separated commercial and investment banks a policy shift that some have said also played a role in the economic crisis. Moreover, Clinton also signed into law the Commodity Futures Modernization Act, which essentially removed derivatives contracts from regulatory oversight. By many accounts, derivatives, such as the credit default swap, were at the heart of the financial crisis.

Indeed, Clinton has admitted that he was given wrong advice about the need to regulate derivatives contracts.I think they were wrong, and I think I was wrong to take their advice, Clinton said of his economic advisers.

The Dodd-Frank bill tightened regulations on derivatives contracts, thus reversing the decision that Clinton not Bush had made.

While one can argue whether deregulation under Clinton or Bush played a bigger role in the financial crisis, the notion that the Bush tax cuts led to the 2008 crisis is especially puzzling. "

Wise up, dummies.

sage won

“life under BO”

Since: Sep 12

buena vista

#2496 Nov 19, 2012
Eric Gustafson wrote:
<quoted text>
Bush will forever be tied to the Economic and Financial Collapse of America, he's earned at the very least a chapter in American History Books. Bush is to Fiscal Responsibility what George Washington is to the Cherry Tree in America.
Liar. here's the next financial disaster awaiting us:

Just the facts ma'm:
, Budget Deficits
http://www.fms.treas.gov/index.html

2007 FY Budget Deficit $161 Billion
2008 FY Budget Deficit $455 Billion <---- Democrats control Congress
2009 FY Budget Deficit $1.4 Trillion
2010 FY Budget Deficit $1.3 Trillion
2011 FY Budget Deficit $1.6 Trillion
2012FY Budget deficit $1.6 trillion
2013 proposed $1.3 trillion

sage won

“life under BO”

Since: Sep 12

buena vista

#2497 Nov 19, 2012
Eric Gustafson wrote:
<quoted text>
Bush will forever be tied to the Economic and Financial Collapse of America, he's earned at the very least a chapter in American History Books. Bush is to Fiscal Responsibility what George Washington is to the Cherry Tree in America.
Wise up, dummy:

I get so tired of educating those who refuse to acknowledge the truth. For the last time, the Bush Tax cuts resulted in 54 straight months of economic growth. The recession occurred after Democrats gained control of Congress and began wildly borrowing and spending trillions of dollars and implementing their bone-headed and supremely irresponsible fiscal policy.

The economic numbers don't lie. Take a look for yourself:
http://forecast-chart.com/chart-gdp-rate.html

The economy grew every single quarter until Q4 of 2008. That's solid continual economic growth that directly resulted from the Bush Tax Cuts.

The economy didn't take a shit until a year and a half after Democrats took over Congress and their socialist policies were in place

sage won

“life under BO”

Since: Sep 12

buena vista

#2498 Nov 19, 2012
Let's don't forget this 100% democrat authored disaster that blew up in everyone's face:

The unvarnished truth, part 2:

The current mortgage crisis came about in large part because of Clinton-era government pressure on lenders to make risky loans in order to “make homeownership more affordable for lower-income Americans and those with a poor credit history,” the DC Examiner notes today.“Those steps encouraged riskier mortgage lending by minimizing the role of credit histories in lending decisions, loosening required debt-to-equity ratios to allow borrowers to make small or even no down payments at all, and encouraging lenders the use of floating or adjustable interest-rate mortgages, including those with low ‘teasers.’”

The liberal Village Voice previously chronicled how Clinton Administration housing secretary Andrew Cuomo helped spawn the mortgage crisis through his pressure on lenders to promote affordable housing and diversity.“Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country’s current crisis. He took actions that—in combination with many other factors—helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments.

He turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down, and he legalized what a federal judge has branded ‘kickbacks’ to brokers that have fueled the sale of overpriced and unsupportable loans. Three to four million families are now facing foreclosure, and Cuomo is one of the reasons why.”(See Wayne Barrett,“Andrew Cuomo and Fannie and Freddie: How the Youngest Housing and Urban Development Secretary in History Gave Birth to the Mortgage Crisis,” Village Voice, August 5, 2008).

Investors Business Daily had an editorial yesterday about how another federal “law designed to encourage minority homeownership” also contributed to the mortgage crisis by pressuring lenders to make risky loans.
1 post removed
Eric Gustafson

Yorktown, VA

#2500 Nov 19, 2012
sage won wrote:
<quoted text>
Liar. here's the next financial disaster awaiting us:
Just the facts ma'm:
, Budget Deficits
http://www.fms.treas.gov/index.html
2007 FY Budget Deficit $161 Billion
2008 FY Budget Deficit $455 Billion <---- Democrats control Congress
2009 FY Budget Deficit $1.4 Trillion
2010 FY Budget Deficit $1.3 Trillion
2011 FY Budget Deficit $1.6 Trillion
2012FY Budget deficit $1.6 trillion
2013 proposed $1.3 trillion
Bush Budget Deficit Year 1.
For fiscal 2002, the U.S. Government is reporting an accrual-based net operating cost of $365 billion down from $515 billion we reported in fiscal 2001.

Bush Budget Deficit Year 2.
For fiscal 2003, the U.S. Government is reporting a net operating cost of $665 billion, an increase of $300 billion from the $365 billion net operating cost reported last year. The increase is primarily attributable to the increased cost of the global war on terrorism, increases in the governments post-retirement liabilities and a decline in tax revenues caused by the sluggish economy.

Bush Budget Deficit Year 3.
In fiscal year 2004, government revenues were $1.9 trillion, an increase of more than $100 billion over fiscal year 2003 and the first increase in revenues in four years. The net cost of the
governments operations was $2.5 trillion, including all accrued costs. Total revenues less operating costs resulted in a net operating cost of slightly more than $615 billion, down from $668
billion last year. The budget deficit for 2004 was $412 billion.

Bush Budget Deifict Year 4.
As Treasury and the Office of Management and Budget reported in October in our 2005 fiscal-year-end budget report, the growing economy brought 2005 revenues to a level of $2.2 trillion. This increase of almost $275 billion over 2004 revenues was nearly a 15 percent increase and was also the largest year-over-year percentage increase in receipts in over 20 years. These increased revenues resulted in a much lower-than-expected 2005 budget deficit. While
deficits are never welcome, the 2005 deficit of $319 billion,

Bush Budget Deficit Year 5.
2006 Budget Deficit 248 Billion
http://www.fms.treas.gov/fr/06frusg.html

Bush Budget Deficit Year 6.
2007 Budget Deficit 162 Billion
http://www.fms.treas.gov/fr/07frusg.html

Bush Budget Deficit Year 7.
2008 Budget Deficit 455 Billion
http://www.fms.treas.gov/fr/08frusg.html

Bush Budget Deficit Year 8.
2009 Budget Deficit 1.4 Trillion
http://www.fms.treas.gov/fr/09frusg/09frusg.p...

Since: Feb 11

Location hidden

#2501 Nov 19, 2012
Republican Honey wrote:
<quoted text>
Doesn't give them the right to abuse our constitution!
Right, I expect to see charges of abuse of constitution filed shortly...
1 post removed

Since: Nov 12

Location hidden

#2503 Nov 19, 2012
barefoot2626 wrote:
<quoted text>
Right, I expect to see charges of abuse of constitution filed shortly...
Oh you are funny!!!!
Eric Gustafson

Yorktown, VA

#2504 Nov 20, 2012
Actually GDP grew at a shrinking rate ending in 4Q 2008 at a -9% a sure indication of a falling Economy since 2005.

That correlates with the shrinking job market and employment opportunities in America as manufacturers outsourced 8 million jobs 4.4 Million since 2006. All to take advantage of the Bush tax policies that allowed the deferment of taxes generated through overseas operations for American companies. In 2004, those earning were granted by Congress a Tax Holiday that American Corporations took advantage of in returning overseas profits back to America at a reduced tax rate.
sage won wrote:
<quoted text>
Wise up, dummy:
I get so tired of educating those who refuse to acknowledge the truth. For the last time, the Bush Tax cuts resulted in 54 straight months of economic growth. The recession occurred after Democrats gained control of Congress and began wildly borrowing and spending trillions of dollars and implementing their bone-headed and supremely irresponsible fiscal policy.
The economic numbers don't lie. Take a look for yourself:
http://forecast-chart.com/chart-gdp-rate.html
The economy grew every single quarter until Q4 of 2008. That's solid continual economic growth that directly resulted from the Bush Tax Cuts.
The economy didn't take a shit until a year and a half after Democrats took over Congress and their socialist policies were in place
Eric Gustafson

Yorktown, VA

#2505 Nov 20, 2012
It seems you're tired from trying to devise a narrative to justify the Bush Tax policies that destroyed american economy. On someone that doesn't have the knowledge of American finances and policies your attempts may work. On those of us who followed the Bush policies it will never work.

Budget deficits and borrowing never amassed until the Bush tax cuts were signed into law, and the borrowing compounded with the Wars and the ill advised Prescription plan gifted to the Pharmacy Industry.

The nail in the coffin was the 2003 policies governing Overseas profit generation for American Corporations.

The legs of the depression began with the first round of 2006 home foreclosures, as the banks began to cut off American Consumers, the depression got worse.
sage won wrote:
<quoted text>
Wise up, dummy:
I get so tired of educating those who refuse to acknowledge the truth. For the last time, the Bush Tax cuts resulted in 54 straight months of economic growth. The recession occurred after Democrats gained control of Congress and began wildly borrowing and spending trillions of dollars and implementing their bone-headed and supremely irresponsible fiscal policy.
The economic numbers don't lie. Take a look for yourself:
http://forecast-chart.com/chart-gdp-rate.html
The economy grew every single quarter until Q4 of 2008. That's solid continual economic growth that directly resulted from the Bush Tax Cuts.
The economy didn't take a shit until a year and a half after Democrats took over Congress and their socialist policies were in place
Brad

Manchester, CT

#2506 Nov 20, 2012
Eric Gustafson wrote:
It seems you're tired from trying to devise a narrative to justify the Bush Tax policies that destroyed american economy. On someone that doesn't have the knowledge of American finances and policies your attempts may work. On those of us who followed the Bush policies it will never work.
Budget deficits and borrowing never amassed until the Bush tax cuts were signed into law, and the borrowing compounded with the Wars and the ill advised Prescription plan gifted to the Pharmacy Industry.
The nail in the coffin was the 2003 policies governing Overseas profit generation for American Corporations.
The legs of the depression began with the first round of 2006 home foreclosures, as the banks began to cut off American Consumers, the depression got worse.
<quoted text>
What do we call the 4 years Oblamer embraced and advanced the Bush tax cuts?
Wall Street Government

Sebastian, FL

#2507 Nov 20, 2012
Stupidity.

Teabaggers wouldn't extend unemployment benefits for Americans without extending tax cuts.

They wouldn't have needed them if it weren't for George in the first place.
Imhotep

United States

#2508 Nov 20, 2012
martinezjosei wrote:
<quoted text>
Your liberal media was unable to trap him!!!
He is smarter than your liberal media!!!
Liberal?

How is the United States at once the most conservative and commercial AND the most revolutionary society on Earth?

Religion=Organized Superstition

Judaism has some advantages over Christianity in that, for example, it does not proselytise, except among Jews, and it does not make the cretinous mistake of saying that the Messiah has already made his appearance.

However, along with Islam and Christianity, it does insist that some turgid and contradictory and sometimes evil and mad texts, obviously written by fairly unexceptional humans, are in fact the word of god.

The indispensable condition of any intellectual liberty is the realisation that there is no such thing.

Faith is the surrender of the mind; it's the surrender of reason, it's the surrender of the only thing that makes us different from other mammals.
Imhotep

United States

#2509 Nov 20, 2012
La Santa Muerte wrote:
<quoted text>
"The problem is that the way Bush has done it in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents. No. 43 added $4 trillion by his lonesome. So we now have over $9 trillion of debt that we are going to have to pay back.$30,000 for every man woman and child. That's irresponsible, that's unpatriotic"
So, in his own words, Obama is "irresponsible" and "unpatriotic." How much debt will he add "by his lonesome" before all is said and done?
Perhaps the only 'truth' to leave the Bush mouth?

"Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we." Washington, D.C., Aug. 5, 2004

Enter Mitt, stage right...

"I'm not familiar precisely with exactly what I said, but I stand by what I said, whatever it was."
Bishop Willard Mitt Romney
May 17, 2012

Why beat a dead (GOP) horse?

Americans spoke, you are in denial.
PS: Not a river in Egypt

Move Forward
;-)

Pouting is decidedly UnAmerican

“Ignore the trolls”

Since: Oct 08

Southend-on-sea, UK

#2510 Nov 20, 2012
martinezjosei wrote:
<quoted text>
Did you said that after the 2010 democratic shellacking?
Obama blames economy for Democratic 'shellacking', but you blame our pro-freedom and personal responsibility principles on the failure of a non-conservative moderate republican?
America has yet to meet a real Reagan Republican yet! Then you will sit still and learn what a real shellacking it will be for the liberals!!!
Obama did not even get close to Ronald Reagan's 49 states win!!!
Just wait until the Tea Party gets into action and remove all moderate Republicans and put real conservative champions.
We learn our lesson. We must remove any moderate Republican FIRST before removing any radical liberal!!! They are too similar for comfort!
Er, you are aware that Reagan was a moderate Republican, which is why he was so successful? No, thought not. Good idea - go for full Tea Party programme and all you will ensure is that you become a fringe party. To keep on thread, it is clear that 2012 taught you nothing. The lesson of 2012 is that the country does not want a shift further right from the conservatism of Obama.

“Ignore the trolls”

Since: Oct 08

Southend-on-sea, UK

#2511 Nov 20, 2012
martinezjosei wrote:
<quoted text>
Your little dictator will be impeach before he violate the constitution and steal another election on his attempt to run for a third term!!!
A man elected on a popluar majority as well as by the electoral college is a "dictator"? Methinkis you don't really understand the terms you are using in your inflammatory posts - either that or you are being deliberately incorrect, also known as economical with the truth.

No real clue, have you, about the way in which your country's government runs?

“Ignore the trolls”

Since: Oct 08

Southend-on-sea, UK

#2512 Nov 20, 2012
martinezjosei wrote:
<quoted text>
Allah is NOT the Arabic word for God.
You are another who fell for it!!!
(Edited to reduce stupidity of the Comment)
Yes it is. Look it up - technically, in Arabic it means "The God". One of the more inane posts around, which given the crassness/inaccuracy of many, is quite something.

“Ignore the trolls”

Since: Oct 08

Southend-on-sea, UK

#2513 Nov 20, 2012
gossamer wrote:
Obamabots hate wealthy because Obama told them to.
65 per cent of people making $30,000.00 dollars voted for Obama. The have nots. 35 per cent voted for Romney. The ones who actually care about their country.
The Obama dependents were afraid Romney would take their stuff away.
Care to substantiate this with a source? Given the ballot is secret, just how did you come up with these figures? Not saying they are wrong - I'm amazed 100% of those earning $30,000 didn't vote for Obama given Romney's 47% comment - shows how much he cares about them.

“Ignore the trolls”

Since: Oct 08

Southend-on-sea, UK

#2514 Nov 20, 2012
sage won wrote:
<quoted text>
Wise up, dummy:
I get so tired of educating those who refuse to acknowledge the truth. For the last time, the Bush Tax cuts resulted in 54 straight months of economic growth. The recession occurred after Democrats gained control of Congress and began wildly borrowing and spending trillions of dollars and implementing their bone-headed and supremely irresponsible fiscal policy.
The economic numbers don't lie. Take a look for yourself:
http://forecast-chart.com/chart-gdp-rate.html
The economy grew every single quarter until Q4 of 2008. That's solid continual economic growth that directly resulted from the Bush Tax Cuts.
The economy didn't take a shit until a year and a half after Democrats took over Congress and their socialist policies were in place
So now Congress runs the country? Strange, in the political science classes I took at university, the checks and balances system was very clearly explained. According to you, the legislature now runs the USA. Don't think so.

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