Precisely what I predicted. Even worst: You don't seem to be willing to (or capable of?) distilling through data on your own and have to resort to being supported by others.
If you even took a few minutes to play with the numbers you'd be horrified to realize where we are and, more importantly, where we are going.
Creating an economic model with a spreadsheet is a really scary and sobering exercise. I've done a couple. The aim was to see what needed to change in order to achieve what most would recognize as solid economic recovery over a period of time. I played with periods in the range of 25 to 50 years. And, while the numbers can never be 100% accurate, the reality painted by the model is nothing less than scary. Even if my numbers where 100%, nah, 200%, off the reality they paint is horrible.
No, you can't fix it by taxing the rich. Not even close. You can't even fix it by taxing everyone. You just can't. You have to cut spending with a vengeance and, yes, adjust taxes --for everyone-- slightly. Let's not get facts get in the way of a good bullshit discussion.
Do a model, discuss it with a few people and then go read the likes of Peter Norvig and see what you think of them.
Here's my answer to Norvig's "Why do you support Obama?" segment on the page you linked:
"End of war in Iraq". Who the hell cares. The war is a rounding error compared to what we've been doing to this country under Obama. What? Five, maybe six trillion dollars in additional debt? Please.
"Focus on al Qaeda and Taliban" Who the fuck cares? What happened in Libya demonstrates full-well that terrorism wasn't challenged in any way by getting this guy. Old history.
"Universal Health Care" Disaster. Talk to a few business people to get real data. They are scared to death. If Obamacare is so good, why did he have to grant exceptions en-masse to unions?
"Increase US Manufacturing" I used to own a manufacturing business. I saw, first hand, what was going on and have the scars to prove it. The economic dump was so deep that some kind of a pull-back was inevitable. I love it when people take credit for things they had nothing to do with. I use to do a lot of day-trading. There were days when stocks would over sell to such a degree that you absolutely KNEW --if you were conscious enough to remove yourself from the fray-- that they were going to come back up. Some of the easiest money I ever made, both on the long and short side.
"Save Detroit" Detroit has been an ugly mess for decades. The coddling of the unions made us less competitive and allowed abominations to creep into contracts. GM had, at one point, thousands workers actually reporting to work and getting paid a full salary to do absolutely nothing. Detroit needed a good hard reset. They didn't get it. We'll see where the story ends. I don't see any option for a happy ending because the culture and rules are the same, thanks to Obama. He needed those people to vote for him in future elections and swiftly bought their votes via the rescue plan. I wonder, how would Norvig feel if the Federal Government threw billions of dollars at a failing competitor. Ford did not need any money. The government artificially altered the market. And this is good?
"Bring back jobs" Government can only create government jobs. Obama did not create a single private sector job. The private sector created these jobs. Again, I refer you to my explanation when a market is over-sold.
"Cut taxes on middle class" Really, we are diluted and stupid enough to be happy with an extra $400 a year in our pockets? Wait, then they take it back out through other taxes. I get it if you want to believe in His Excellence Obama no-matter-what, but this is silly.
"Support green energy" I am still waiting to get a number from someone, anyone, on how many of the over five million jobs his holiness created were "green energy" jobs. Crickets. And Norvig is quoting a comedian for his facts? Whew!
"Avoid another banking crisis" So, our politicians create the mess that causes the economic downturn by allowing, no, demanding, that Freddie Mac, etc. create an environment where a McDonalds cook can buy a $750,000 home. And then we praise them for avoiding a banking crisis? Are we insane?
"Monitor and contain loose nuclear material" OK, I'll give him that one. Only because I have no way to refute any of it. I am tempted to say "who cares, any president would have continued to move in that direction", but I just don't know enough.
There's more, but I'm done. Thankfully the election will be over today. I hope I don't have to live with your decision. What's worst, I hope my kids don't have to live with your decision. I'll accept it if it happens to go that way, but it will be sad to see. We can compare notes in four years.
Pretty much all your points come down to "ignore the past, where republicans always screw over the public, trust us this time". That approach is unscientific. It completely ignores data. And the numbers you're fuming about are a trick. The republican proposal is to cut 5 trillion in taxes. How does that help the debt problem. And the debt isn't a problem at all. The entire professional economist community is against you, just like the entire professional climatologist community is against you on climate change.
I don't know if you're purposefully being a caricature of republican voters or if you genuinely believe what you're saying, but when you mess with Norvig, you mess with the best. You cannot win against Norvig, he is a tech super-ninja. Those super-ninja skills can equally be applied to deciding who to vote for, and his opinion on this case is signed and sealed. There is no question that today's Republican Party is anti-public, anti-world, anti-science.
If you even took a few minutes to play with the numbers you'd be horrified to realize where we are and, more importantly, where we are going.
Creating an economic model with a spreadsheet is a really scary and sobering exercise. I've done a couple. The aim was to see what needed to change in order to achieve what most would recognize as solid economic recovery over a period of time. I played with periods in the range of 25 to 50 years. And, while the numbers can never be 100% accurate, the reality painted by the model is nothing less than scary. Even if my numbers where 100%, nah, 200%, off the reality they paint is horrible.
No, you can't fix it by taxing the rich. Not even close. You can't even fix it by taxing everyone. You just can't. You have to cut spending with a vengeance and, yes, adjust taxes --for everyone-- slightly. Let's not get facts get in the way of a good bullshit discussion.
Do a model, discuss it with a few people and then go read the likes of Peter Norvig and see what you think of them.
Here's my answer to Norvig's "Why do you support Obama?" segment on the page you linked:
"End of war in Iraq". Who the hell cares. The war is a rounding error compared to what we've been doing to this country under Obama. What? Five, maybe six trillion dollars in additional debt? Please.
"Focus on al Qaeda and Taliban" Who the fuck cares? What happened in Libya demonstrates full-well that terrorism wasn't challenged in any way by getting this guy. Old history.
"Universal Health Care" Disaster. Talk to a few business people to get real data. They are scared to death. If Obamacare is so good, why did he have to grant exceptions en-masse to unions?
"Increase US Manufacturing" I used to own a manufacturing business. I saw, first hand, what was going on and have the scars to prove it. The economic dump was so deep that some kind of a pull-back was inevitable. I love it when people take credit for things they had nothing to do with. I use to do a lot of day-trading. There were days when stocks would over sell to such a degree that you absolutely KNEW --if you were conscious enough to remove yourself from the fray-- that they were going to come back up. Some of the easiest money I ever made, both on the long and short side.
"Save Detroit" Detroit has been an ugly mess for decades. The coddling of the unions made us less competitive and allowed abominations to creep into contracts. GM had, at one point, thousands workers actually reporting to work and getting paid a full salary to do absolutely nothing. Detroit needed a good hard reset. They didn't get it. We'll see where the story ends. I don't see any option for a happy ending because the culture and rules are the same, thanks to Obama. He needed those people to vote for him in future elections and swiftly bought their votes via the rescue plan. I wonder, how would Norvig feel if the Federal Government threw billions of dollars at a failing competitor. Ford did not need any money. The government artificially altered the market. And this is good?
"Bring back jobs" Government can only create government jobs. Obama did not create a single private sector job. The private sector created these jobs. Again, I refer you to my explanation when a market is over-sold.
"Cut taxes on middle class" Really, we are diluted and stupid enough to be happy with an extra $400 a year in our pockets? Wait, then they take it back out through other taxes. I get it if you want to believe in His Excellence Obama no-matter-what, but this is silly.
"Support green energy" I am still waiting to get a number from someone, anyone, on how many of the over five million jobs his holiness created were "green energy" jobs. Crickets. And Norvig is quoting a comedian for his facts? Whew!
"Avoid another banking crisis" So, our politicians create the mess that causes the economic downturn by allowing, no, demanding, that Freddie Mac, etc. create an environment where a McDonalds cook can buy a $750,000 home. And then we praise them for avoiding a banking crisis? Are we insane?
"Monitor and contain loose nuclear material" OK, I'll give him that one. Only because I have no way to refute any of it. I am tempted to say "who cares, any president would have continued to move in that direction", but I just don't know enough.
There's more, but I'm done. Thankfully the election will be over today. I hope I don't have to live with your decision. What's worst, I hope my kids don't have to live with your decision. I'll accept it if it happens to go that way, but it will be sad to see. We can compare notes in four years.
Peace.
Do the numbers.
Think.