Markets Start to Anticipate Obama Victory in November

  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 2:23 PM GMT
    Things are looking good for Barack...


    CNBCMarkets Start to Anticipate Obama Victory in November

    While President Obama may not be Wall Street's ideal candidate, stock prices are rising on growing expectations he will be re-elected this November.

    Part of that, market pros say, is simply that investors feel more certain about who will be in the White House for the next four years and which policies they will have to deal with.

    Obama's chances of winning in November increased to above 60 percent on Tuesday, up from about 50 percent at the beginning of the year, according to the odds on prediction market Intrade.com.

    The surge in President Obama’s chances at a second term also have coincided with a string of better-than-expected domestic economic data this year, including an all-important drop in the unemployment rate.

    The latest reading of U.S. consumer confidence on Tuesday blew away economists’ expectations. That contrasts with the Republican debates, many of which have centered on social issues.

    “The Romney, Santorum, and Gingrich infighting has done irreparable harm to the Republican Party’s ability to present an alternative economic platform to voters,” says Joe Terranova, chief market strategist for Virtus Investment Partners. “As long as manufacturing and other key data continues to improve, the market is growing comfortable with Obama being President again.”

    History shows the market tends to rise during election years. Gains tend to be even greater if the incumbent party wins.


    More at the link...

    http://www.cnbc.com/id/46556820
  • CuriousJockAZ

    Posts: 19133

    Feb 29, 2012 3:59 PM GMT
    Me thinks if this is true then the "market" is playing a dangerous game of "Putting The Cart Before The Horse". President Obama is going to have no cake-walk to a 2nd term. It's going to get very nasty, and anyone who thinks he isn't vulnerable is probably not being realistic.
  • maxferguson

    Posts: 321

    Feb 29, 2012 4:02 PM GMT
    “The Romney, Santorum, and Gingrich infighting has done irreparable harm to the Republican Party’s ability to present an alternative economic platform to voters,”

    Bingo. Romney is the only one of those three who's "promises" will actually reduce debt-gdp by 2021 (his to 84% I think). But he got consumed in Social issues.

    I think it was hard not to. You have a bunch of bigots whose votes you need in primaries to win the nomination. So you cater to them. Then he loses sight of his campaign. I never once saw him debate about anything on his website.

    I'd be curious to see "whoever the winner may be" will turn around their campaign and speak to a more well-adjusted crowd. The fact that they had to stamp out social issues and have "who's the most conservative" contest tells me more about the masses than the candidates. Or does it....

    If the market is pricing in this lack of attention to things that matter (or pricing in the attention to frivolous shit), then the untapped votes, or the balance on the republican population base that isn't concerned whether or not Romney's a Mormon could steer things in a new direction.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 4:11 PM GMT
    Things are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states and Michigan show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that Intrade percentage can change dramatically.
  • maxferguson

    Posts: 321

    Feb 29, 2012 4:16 PM GMT
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 4:24 PM GMT
    CuriousJockAZ saidPresident Obama is going to have no cake-walk to a 2nd term. It's going to get very nasty,
    Its been that way since the 20th of Jan 2009!

    What was boners statement again?
    'To do nothing except get Obama out of the WhiteHouse'... yeah yeah that's it!
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 4:30 PM GMT
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.

    I suspect even those who agree with some of Santorum's positions will realize that he has said so much recently and in past years that if he were the nominee, then social issues instead of the economy and Obama's performance would be the issues. You can pivot to the economy, but you can't destroy all the videos. Even many social conservatives are put off by the in your face moralizing and pontificating. When someone is so strident, there is every reason to assume they would try and force their positions on others. There are some things many folks don't want to hear politicians talk about all the time.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 6:22 PM GMT
    maxferguson said“The Romney, Santorum, and Gingrich infighting has done irreparable harm to the Republican Party’s ability to present an alternative economic platform to voters,”

    Bingo. Romney is the only one of those three who's "promises" will actually reduce debt-gdp by 2021 (his to 84% I think). But he got consumed in Social issues.

    I think it was hard not to. You have a bunch of bigots whose votes you need in primaries to win the nomination. So you cater to them. Then he loses sight of his campaign. I never once saw him debate about anything on his website.

    I'd be curious to see "whoever the winner may be" will turn around their campaign and speak to a more well-adjusted crowd. The fact that they had to stamp out social issues and have "who's the most conservative" contest tells me more about the masses than the candidates. Or does it....

    If the market is pricing in this lack of attention to things that matter (or pricing in the attention to frivolous shit), then the untapped votes, or the balance on the republican population base that isn't concerned whether or not Romney's a Mormon could steer things in a new direction.





    You're wrong about Romney's economic policy proposals.

    Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's would.

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html

    Santorum's and Gingrich's economic policy proposals would also enlarge the National Debt more than President Obama's would.

    Only Ron Paul's economic policy proposals would enlarge the National Debt less than President Obama's would.
    And of course Paul's economic policy proposals are not credible or responsible policy for multiple reasons.

    So a vote for Romney Santorum or Gingrich is a vote for adding more debt to the National Debt and a vote to reelect President Obama is a vote for adding less debt to the National Debt!
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 6:27 PM GMT
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 6:29 PM GMT
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!


    I find Canadian libertarians particularly hilarious for pontificating against the state while enjoying every benefit of a socialist government.

    If you like libertarianism so much, move to the Congo. Hell, move to Texas.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 7:00 PM GMT
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!





    If these two right-wingers care so much about keeping debt growth down - they should support President Obama's candidacy over Mitt Romney's.
    Since Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's economic policy proposals would!

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html
  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 7:02 PM GMT
    RickRick91 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!





    If these two right-wingers care so much about keeping debt growth down - they should support President Obama's candidacy over Mitt Romney's.
    Since Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's economic policy proposals would!

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html
    Ferguson couldnt vote in this country if his life depended on it.
  • maxferguson

    Posts: 321

    Feb 29, 2012 7:36 PM GMT
    TropicalMark said
    RickRick91 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!





    If these two right-wingers care so much about keeping debt growth down - they should support President Obama's candidacy over Mitt Romney's.
    Since Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's economic policy proposals would!

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html
    Ferguson couldnt vote in this country if his life depended on it.


    Thank you icon_razz.gif
  • maxferguson

    Posts: 321

    Feb 29, 2012 7:54 PM GMT
    Christian73 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!


    I find Canadian libertarians particularly hilarious for pontificating against the state while enjoying every benefit of a socialist government.

    If you like libertarianism so much, move to the Congo. Hell, move to Texas.


    For one, just because we have socialist policies, doesn't make me less justified in my opinion. Other than having a parliamentary system, I would say the single largest difference between US and CAN on that front is healthcare. I must say, I enjoy the Mayo in Rochester much more than our hospitals. The one in Scotsdale is excellent, too, but I've only ever been once.

    As for moving.... I like it here. I like having Sunshine and Lake Louise in my backyard and not having to worry about gay marriage; you can get married in every single province. As far as I know, you can't do that in Texas or DRC.

    Looking at the rest of our government, It is slowly being deregulated. Our Wheatboard monopoly was recently ended. That is huge for Canadian industry. A lot of the "socialist benefits" are enjoyed in the eastern part of the country. For example, Via rail is much more accessible there than in Western Canada.

    I would say that Alberta (where I live) is the equivalent of Canada's Texas. Private industry is valued very much, seldom are there deficits and historicaly, budgets have been reasonable. Instead of moving, I'd rather work towards changing the environment around me.

    .... i think my comment wishing luck to Santorum was misinterpreted. I would rather see Obama in office next year. He is progressing towards social equality more than any other candidate. Money can be fixed later.....The way I see it, Obama has an easier contest if Santorum is the Rep. candidate than if it were Romney -- hence I hope Santorum wins...

  • Posted by a hidden member.
    Log in to view his profile

    Feb 29, 2012 8:07 PM GMT
    maxferguson said
    Christian73 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!


    I find Canadian libertarians particularly hilarious for pontificating against the state while enjoying every benefit of a socialist government.

    If you like libertarianism so much, move to the Congo. Hell, move to Texas.


    For one, just because we have socialist policies, doesn't make me less justified in my opinion. Other than having a parliamentary system, I would say the single largest difference between US and CAN on that front is healthcare. I must say, I enjoy the Mayo in Rochester much more than our hospitals. The one in Scotsdale is excellent, too, but I've only ever been once.

    As for moving.... I like it here. I like having Sunshine and Lake Louise in my backyard and not having to worry about gay marriage; you can get married in every single province. As far as I know, you can't do that in Texas or DRC.

    Looking at the rest of our government, It is slowly being deregulated. Our Wheatboard monopoly was recently ended. That is huge for Canadian industry. A lot of the "socialist benefits" are enjoyed in the eastern part of the country. For example, Via rail is much more accessible there than in Western Canada.

    I would say that Alberta (where I live) is the equivalent of Canada's Texas. Private industry is valued very much, seldom are there deficits and historicaly, budgets have been reasonable. Instead of moving, I'd rather work towards changing the environment around me.

    .... i think my comment wishing luck to Santorum was misinterpreted. I would rather see Obama in office next year. He is progressing towards social equality more than any other candidate. Money can be fixed later.....The way I see it, Obama has an easier contest if Santorum is the Rep. candidate than if it were Romney -- hence I hope Santorum wins...

    Well lets just clarify a thing or two.. Being as that you are only 22..
    This country/planet has not suffered an economic collapse to the magnitude it did several years ago since 1929 That's ALMOST a century. The deficit spending required to stabilize the crash is huge but almost a century ago the population of the US was approx 123 million and we were an infant industrial economy. In 2007 the us population was approx 301.3 million and a huge industrial economy.
    Hence the 'huge' deficit spending................. You cant 'cut' your way out of a severe economic depression/recession.
    No spending, no economy. Dont be blaming this on "Obama's spending".. there has not been a president in MY lifetime who did NOT spend money foolishly in certain areas. And I was alive when Eisenhower was POTUS.icon_wink.gif Think about that for awhile.
  • maxferguson

    Posts: 321

    Feb 29, 2012 8:10 PM GMT
    RickRick91 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!





    If these two right-wingers care so much about keeping debt growth down - they should support President Obama's candidacy over Mitt Romney's.
    Since Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's economic policy proposals would!

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html


    I'm not terribly concerned about the absolute debt level, rather, the debt to GDP. It recently breached 100%. I'm a little confused about that graph from the Washington Post. ... It starts at 73%ish for all candidates, and all candidates have different fiscal policies, so that means they're portraying that as where it is now. This is false. http://www.zerohedge.com/news/its-official-us-debtgdp-passes-100

    Gingrich and Santorum are the only Republican candidates who would actually have debt:GDP >100% at any point according to that chart, but it starts at 70%....

  • KissTheSky

    Posts: 1981

    Mar 01, 2012 2:22 AM GMT
    It seems strange that stock prices are rising as a reaction to Obama's likely re-election... don't the markets know that Obama is a Socialist, anti-Business, and the most dangerous President ever? At least that's what the Republican noise machine has been telling us for several months, and I know they wouldn't lie. icon_rolleyes.gificon_rolleyes.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 01, 2012 4:19 AM GMT
    maxferguson said
    RickRick91 said
    TropicalMark said
    maxferguson said
    socalfitness saidThings are quite volatile. If Romney is the nominee, based on polls and election results in Florida and Arizona, Romney's support from the center and right will be considerable. Results from both states show the economy and beating Obama are major issues. It will be very difficult for the Dems to hang Romney with social issues. Add in gas prices, and the possibility of the Supreme Court throwing out the individual mandate, and possible Israeli action against Iran and US action or inaction, and that intrade percentage can change dramatically.


    I know :S As a young gay man who would classify himself as a staunch libertarian, I never thought I'd wish anything but luck on Santorum.

    He's really outdone the frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex.... he's done away with the lube. Hence, he would make an easy fight for Obama.

    Then..... I hit that wall that says "Obama has taken out more debt in 3 years then every president from Washington to Clinton COMBINED." I know he inherited a mess, but come on.... you can clean up with a swiffer or a filthy mop. The water is dirty Obama, time to start using the swiffer.
    Thankfully.. you dont have the privilege/right to do anything about it!





    If these two right-wingers care so much about keeping debt growth down - they should support President Obama's candidacy over Mitt Romney's.
    Since Romney's economic policy proposals would enlarge the National Debt MORE than President Obama's economic policy proposals would!

    http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-what-the-gop-candidates-would-really-do-to-deficits/2012/02/23/gIQANQN9UR_blog.html


    I'm not terribly concerned about the absolute debt level, rather, the debt to GDP. It recently breached 100%. I'm a little confused about that graph from the Washington Post. ... It starts at 73%ish for all candidates, and all candidates have different fiscal policies, so that means they're portraying that as where it is now. This is false. http://www.zerohedge.com/news/its-official-us-debtgdp-passes-100

    Gingrich and Santorum are the only Republican candidates who would actually have debt:GDP >100% at any point according to that chart, but it starts at 70%....






    As the Washington Post analysis stated - their analysis of the Repub's economic policy proposals was generous and best case scenario.

    The cold hard reality re: Mitt Romney's economic policy proposals is much uglier.

    Romney's economic policy proposals can accurately be summed up as a pack of lies.

    As per usual for Mr. Flip Flopper - he promises all things to all people.
    And if he were to deliver on those promises the National Debt would skyrocket far beyond current forecasts.

    http://www.huffingtonpost.com/mobileweb/2012/02/29/romney-peddling-the-indef_n_1310251.html

    Romney's economic policy proposals are a prescription for fiscal suicide.

    If he's the Repub nominee he will be flayed alive over the economic prescription he's proposing.
  • tokugawa

    Posts: 945

    Mar 04, 2012 4:43 PM GMT
    CuriousJockAZ saidMe thinks if this is true then the "market" is playing a dangerous game of "Putting The Cart Before The Horse". President Obama is going to have no cake-walk to a 2nd term. It's going to get very nasty, and anyone who thinks he isn't vulnerable is probably not being realistic.


    If the economy continues to improve up to election day in November, Obama may well win in a cake-walk. Remember, "It's the economy, stupid."

    Disclaimer: I'm not saying you are stupid. It was the slogan Clinton used during his successful 1992 Presidential campaign. When the economy is in a downturn, economic issues trump social issues.

    The market is rising because the economy is improving. As the unemployment rate continues to fall, American consumers have more money in their pockets and will buy more stuff. Automobile production, for instance, has recovered back to its pre-recession 2008 rate.
  • CuriousJockAZ

    Posts: 19133

    Mar 04, 2012 5:02 PM GMT
    KissTheSky saidIt seems strange that stock prices are rising as a reaction to Obama's likely re-election... don't the markets know that Obama is a Socialist, anti-Business, and the most dangerous President ever? At least that's what the Republican noise machine has been telling us for several months, and I know they wouldn't lie. icon_rolleyes.gificon_rolleyes.gif



    It's absolutely ludicrous for anyone to think that the markets are reacting to anything regarding the election this far out, before there is even a GOP nominee. If that were the case, one could just as easily interpret this is a reaction to it being increasingly likely that the far more business-friendly Romney is the nominee, and that Obama could be in serious trouble.