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11-10-2006, 04:08 AM
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ECONOMY WILL BE BETTER UNDER DEMOCRATS
http://online.wsj.com/article/SB116058289284889490.html
Wall Street Journal ECONOMIC FORECASTING SURVEY Most economists said the economy would perform best in the coming years if Democrats take control of at least one chamber of Congress. Only 12 of the 35 who answered the question said the economy would perform best under continued Republican control of the House and Senate. The best scenario, the economists said, would be Democratic control of the House only. The economists were almost evenly split over whether the stock market would perform better with a continued Republican lock on Congress or some measure of Democratic control. "The economy is doing very well," said Mr. Sinai. However, it "would do better if the geopolitical side wasn't depressing Americans and injecting caution in business sentiment. The psyche of Americans is surprisingly low. New blood can improve sentiment." Mr. DeKaser agreed, saying, "The only way there's compromise on important economic issues is gridlock. There hasn't been much progress on long-term issues with one-party control. More balance is the best option for creating motion." 
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11-10-2006, 11:53 AM
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so in other words your headline is misleading
aka spin. Since the survey does not say the economy will be better under democrats. It says it will be better under shared power. Quite different from the moveon.org type headline.
__________________
Obama The Naive: “To those who cling to power through corruption and deceit and the silencing of dissent we will extend a hand if you are willing to unclench your fist.’’ The Iranian response? “The Great Satan now has a black face.’’
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11-10-2006, 12:03 PM
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.
The government can help or hurt the economy through a wide range of policies. It's the policies, not the party, which determines that. Plus, you have normal economic cycles that really aren't the fault of the government. We've had a crappy economy under both parties and a robust one under both parties. We will continue to. I think the prediction above is based on the gridlock argument. The fundamentals of the economy are good. So the government is more likely to screw it up than help it right this minute. Since a divided government tends to get less done.........
But it has nothing really to do with democrats in general.
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Some days it's not even worth chewing through the restraints.
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11-10-2006, 06:27 PM
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"the president does have any effect on the economy"
I heard the Repubs saying stuff during the Clintonian years such as " Then they turn around and say that Reagan single handedly moved the economy up.
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"To argue with a person who has renounced the use of reason is like administering medicine to the dead. "- Thomas Paine
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11-10-2006, 06:35 PM
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?
Quote:
__________________
"If the President simply adds a couple of Republican solutions to a trillion dollar health care package that the American people don't support, it isn't bi-partisan. It's political cover," Rep Eric Cantor (R-Va.)
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11-10-2006, 07:11 PM
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Reply
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Yeah you’re right. Most Americans never tire of all the Abramoff scandals, mishandling of Katrina rescue efforts, the Folley scandal, the “stay the course” Iraq strategy. Why I bet they’re pining for the old republicans to get back into power already.
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11-10-2006, 07:18 PM
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Reply
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11-11-2006, 05:05 AM
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spin, opinion, and the blind
Yes the title was spin, Economy better under democrats, hmm, well the economy will tank as soon as they repeal the tax cuts and raise taxes, I don't know bout you but I will spend less, oh yea because I will have less. Can't the democrats for once see the light, less taxation means more growth and therefore more taxes, man send a democrat to college and give them a book and all they do is eat the pages. And yes the market will probably do well for awhile because the market likes washington gridlock.
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11-11-2006, 05:15 AM
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let's ask our kids
Quote:
but you are right to acknowledge there are two fundamentally different approaches by the parties when it comes to taxes. democrats will tax and spend while republicans will borrow and spend and leave our children the tab to pay.
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11-11-2006, 10:55 AM
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Re:
I remember reading somewhere that the U.S. economy has recessions on average every ten years. We had the last recession in 2002, which means the next one would be around 2012.
Assuming statistics is correct, it does not matter who is in power. The economy will keep booming for another 5-6 years and then we hit the recession. If Democrats will be in power they will be blamed. If Republicans will be in power - democrats will have a great opportunity to play a blame game.
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