Temple of Gloom

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Jimmy P. at the DNC—I keep hearing a lot of this sort of pessimism, both in the speeches and among the delegates: "America is facing its greatest economic challenges since the Great Depression." Really. That's a pretty big stretch given that we've only had one quarter of negative economic growth in the past year, unemployment is still below 6 percent, incomes were growing briskly from 2003-2007, and productivity has averaged more than 2.5 percent a quarter during the past year and a half. Some perspective, people!

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pain reliever of WI 8:51PM January 21, 2010

That is the model Bill Clinton used. The economy was in recovery before the election was even over, but Clinton rode the economic tidal wave as his own accomplishment.
Obama is just taking a page out of the book.

Tom of GA 8:32PM August 27, 2008

I thought this was going to be about Obama's "Temple" he has erected at Invesco Field. Gee...how could I be so wrong?
Or was I?

Dave of CA 6:13PM August 27, 2008

Alinsky's Rules for Radicals, Rule #10: : “If you push a negative hard enough, it will push through and become a positive.” If the Dems pretend-to-fret enough, the media/propaganda-organ will harp mightily & some of the muddlers-in-the-middle will be influenced. `Oh-h-h!, times are worse than we think -- better vote for the .. **people's party**!'

ernie oertle of IN 5:35PM August 27, 2008

I have found this kind of talk idiotic and irresponsible as well. Attacking the "Bush/Cheney Economy" is abysmally ignorant, but a surprisingly large number of Americans go along with this crap.
Obama's frequant references to "putting Americans to work" is also astounding nonsense that implies we have major unemployment issues as if it were the great Depression.
What is worrisome about this demagogue's language is that he wants to mobilize us as if we were facing a Nation-threatening crisis, like an all-out war, or an economic collapse, or an asteroid strike. He is the actual threat to the Nation and its social and economic fabric.

Roderick Reilly of VA 5:34PM August 27, 2008

No surprise. If Democrats understood any of the basic fundamentals of economies, then they'd be Republicans.

Diggs of CO 5:25PM August 27, 2008

I've wondered how the Dems can be complaining about the economy, saying how incredibly lousy it is. It seemed to me that after the recession in the first year of Bush's term, made worse by the hit the economy took on 9/11, there has been rather robust growth. Of course, the Dems were decrying the economy even when a lot of jobs were being created and the rate of growth was impressive. Jobs weren't good enough jobs, growth was not large enough (despite their celebration of similar numbers posted during Clinton's term).
Now, the economy is taking a huge hit because of energy prices, and they're blaming the Republicans? Um... the no-drill Dems have been the no-drill Dems for a LONG long time. They've controlled the purse strings now for two years. They don't want to do what it will take to improve the situation, both near and long term (drill now, develop alternatives--DEVELOP, not mandate from Washington DC like they did with corn-based ethanol).
I can't listen to their complaints or their economic prescriptions without shuddering a little, and grabbing my wallet.

Pat of AZ 5:17PM August 27, 2008