Obama has to get tougher on the Economy

tdotlocs

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I know its the first week since Obama made history BUT he has to get tougher on economic issues.

  • Foreclosures all time high
  • Oil prices all time high
  • Level of debt, all time high
  • Unemployment increasing
  • Food prices increasing
  • Global competition from B.R.I.C. (Brazil, Russia, India & China)

Today, when the news came out about unemployment - he only attacked McCain. Not good enough. With a Republican President in office for 7 years, he has to absolutely nail McCain and Republicans on his issue.

What do you all think?
 
<font size="5"><center>Just in time for Obama, </font size><font size="6">
economy becomes Issue No. 1</font szie></center>



McClatchy Newspapers
By Steven Thomma
Wednesday, July 16, 2008


WASHINGTON — Unthinkable a year ago, Iraq has faded as the defining issue for the 2008 presidential election.

The buildup of American troops in Iraq has reduced U.S. and Iraqi casualties and raised hopes that American troops could come home. Attention overseas is turning to rising violence in Afghanistan. And Americans have a new top priority: the economy.

The flip-flop in popular opinion could help Democrat Barack Obama, lowering the profile of one issue — Iraq_ that, surprisingly, might have been helping Republican John McCain and raising another — the economy — that historically helps challengers such as Obama.

One new poll this week underscored how dramatically the political landscape has shifted since this long campaign started.

This week, 53 percent of Americans ranked the economy their top concern heading into the election, while 16 percent ranked Iraq their chief worry, according to a national survey by Quinnipiac University in Connecticut. In May 2007, the priorities were the opposite, with 57 percent naming Iraq the top issue and 5 percent naming the economy.

The political impact of the Iraq fade could be surprising.

The issue was supposed to be a surefire winner for the Democrats as the Republican-led war turned unpopular.

But Obama hasn't scored as well as he'd hoped. Although he can say he was correct in arguing that the war was a mistake, he was dead wrong in saying that the increase in troops wouldn't curb violence. This week, he took comments criticizing the troop buildup off his Web site.

McCain was able not only to say that his troop-increase strategy succeeded but also to keep the debate focused on questions about military strategy, where he's presumably stronger.

A new poll out this week by ABC News and The Washington Post showed Americans split over whom they trusted more to handle Iraq, with 47 percent saying McCain and 45 percent saying Obama.

The same poll found that 72 percent think that McCain would be a good commander in chief; 48 percent said the same of Obama.

So the success of the McCain troop buildup might cost the Arizona senator by allowing the country to shift its attention elsewhere.

"That's a problem for McCain, because he had staked so much of his candidacy on his ability to be commander in chief and the fact that he pushed for the surge," said Linda Fowler, a political scientist at Dartmouth College in New Hampshire.

"Once Iraq is off the front page, voters shift their priorities. They're not so worried about Iraq and will make their choice based more on domestic issues."

The political fallout of a shift to the economy is more predictable.

It should hurt the party that holds the White House and help Obama and the Democrats. That's what happened in 1980, when anxiety about the economy helped Republican Ronald Reagan oust Democrat Jimmy Carter, and in 1992, when similar angst helped Democrat Bill Clinton defeat Republican George H.W. Bush.

"That always helps the out party, and Obama is the challenger," said Maurice Carroll, the director of the polling institute at Quinnipiac University.

A new Zogby poll for the Reuters news service this week found just one out of 10 likely voters giving U.S. economic policy a favorable rating.

Yet it also found the Illinois senator with only a small edge among voters who favored him to handle the economy over McCain, 44-40 percent.

"There is a perception that neither candidate has a handle on the economy and there's no clear direction from the public about what direction to go," pollster John Zogby said. "It's not as though there is a demand for a new New Deal or Great Society or, on the other hand, for tax cuts."

What's clear as of now, he said, is that the issue is dominant.

"The economy is clearly foremost on the list of people's concerns," Zogby said. "That probably will continue as long as things are sour."


McClatchy Newspapers 2008

http://www.mcclatchydc.com/227/story/44513.html
 
dude has mcbush by the throat and he keeps letting him breathe. i have no idea what type of strategy this is.

He keeps F-N around with Iraq and troops at the wrong time. yes, ending the war is paramount, but he took a big hit by voting for FISA last week and people have cooled on him. he needs to get that mo' back. mcbush has NO economic plan. if he just hammers commercials in swing states about mcbush and bush's similar voting record and the people supporting mcbush that helped create this housing crisis he will be golden. alas, he refuses which is a constant irritant and confounding issue with me.
 
<font size="4"><center>
Nearly half cite economy as top issue; Obama has slight
edge over McCain as best to manage the U.S. economy

</font size></center>

<IFRAME SRC="http://www.zogby.com/news/ReadNews.dbm?ID=1529" WIDTH=780 HEIGHT=1500>
<A HREF="http://www.zogby.com/news/ReadNews.dbm?ID=1529">link</A>

</IFRAME>
 
dude has mcbush by the throat and he keeps letting him breathe. i have no idea what type of strategy this is.

He keeps F-N around with Iraq and troops at the wrong time. yes, ending the war is paramount, but he took a big hit by voting for FISA last week and people have cooled on him. he needs to get that mo' back. mcbush has NO economic plan. if he just hammers commercials in swing states about mcbush and bush's similar voting record and the people supporting mcbush that helped create this housing crisis he will be golden. alas, he refuses which is a constant irritant and confounding issue with me.

Its still early Thats his trump card (economics) ...! Don't wanna pull that out prematurely..! You know the Klans are gonna have some "scandal" or "new threat" as we draw closer to November..!! Pull it out then and tell them Shut the Fuck up, and Get the Fuck out..!!
 
Global competition from B.R.I.C. (Brazil, Russia, India & China)


I bumped this old thread because today i was conversing with a buddy of mine thats about to do some business in Brazil and B.R.I.C came up during the conversation.

Considering the social and political issues that places like Russia, India and China has and will continue to have....this will be no threat at all to the G20. I dont know much about Brazilian politics, but they have to be idiots to join forces with those 3 unstable countries...unless theyre unstable themselves.

4 of a kind maybe?
:dunno:
 
Posted on 11:03 PM, January 27, 2010


IMF sees improved growth

Global recovery stronger but still fragile
GROWTH PROJECTIONS for the ASEAN-5 grouping -- which includes the Philippines -- have been raised by the International Monetary Fund (IMF) in a report that declared the global economy as recovering better than expected.


The Fund’s World Economic Outlook Update, released late on Tuesday, Manila time, forecast collective growth of 4.7% this year -- up from 1.3% in 2009 -- for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.


A 5.3% expansion, meanwhile, is expected next year for the five member-states of the Association of Southeast Asian Nations. Both outlooks are up from forecasts of 4% and 4.7% last October.


Country-specific forecasts were not available. IMF Resident Representative Dennis J. Botman told BusinessWorld that projections for the Philippines would be announced next month.


"Our latest projections for the Philippines will be reported in the staff report for the Article IV consultation, which we expect to release publicly towards the end of February following discussions by the IMF’s Executive Board later this week," Mr. Botman said in an e-mail.


Last November, the Washington-based IMF forecast 3.5% growth this year for the Philippines, citing private consumption and growth in remittances. The outlook is at the upper end of the government’s target range of 2.6-3.6%.


The Fund also forecast 1.5% growth for 2009, also within the official target of 0.8-1.8%. A state planning official earlier this week said 2009 growth could be in the range of 0.7-1.0%. Full-year results are to be announced today.


The IMF said Asia’s developing economies were seeing acceleration in 2010, led by an expected 10% growth for China. It said Asian developing economies were set to grow at an average 8.4% this year as well as in 2011, compared with 6.5% in 2009.

Global competition from B.R.I.C. (Brazil, Russia, India & China)

Was strong in 09 and will be stronger in 2010. It seems like those countries have a better business model for the 21st century and less govt and business corruption than the U.S.. As Obama prepares to wow us with his SOTU speech tonite can't help wondering if he'll even mention where the money went or how jobs will reappear out of thin air. One thing is certain he won't mention bringing those CEOs responsible for this mess to justice, he won't even pressure them to pay back the loans, lend money so there's no way he's going to bring charges against them or hold them accountable.
 
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