Democrats blew election chances when Obama shifted from bold to hesitant on a large enough stimulus

[JohnWxy]

http://www.sacbee.com/2010/11/04/3158930/democrats-blew-election-chances.html?storylink=lingospot

[yourout]

1. +1....it needed to be three times the size it was.

And they needed to pull a play from the pukes play book and play the fear card.

Tell America "Spend this or look at a Great Depression".

[Tesha]

2. And based on jobs, especially millions of low-income jobs...

...rather than tax-cuts, especially tax cuts that are hidden in
withholdings decreases. Bush at least had the good sense to
send out obvious checks to the tax-payers.

Tesha

[Trajan]

3. Oh ... There is a simpler answer ...

It really doesn't matter WTF Obama did :

1) Corporations are not going to hire until the GOP own government again .... And even then: Only for slave wages, with no benefits, and more than likely: offshore ....

2) The GOP would still hurl baseless, false, and outrageous accusations against the Democrats, and the Democrats would still fall onto the ground, mute, and flutter like dying flower petals ...


Ever seen the Twelve Chairs by Mel Brooks ? ... Yeah ... Like that ....

[postulater]

5. " Corporations are not going to hire until the GOP own government again "

I think we are going to have to create our own economy.

Small businesses supporting local needs with local resources.

[Trajan]

6. I am growing more inclined to believe that ....

I think society is now in a momentous transition ...

From the highly paid, well-compensated, unionized workforce that sustained the entire economy for decades ...

To a low pay, low volume LOCAL economy, with families buying little of the superfluous excess we are accustomed to seeing over the years ....


It's amazing how the investor-class and business owners make so much hay about wages and the cost of labor, without recognizing that high wages are what put the bulk of them in business to begin with ...

IF US workers made the same wages as those in India, China, Mexico, or elsewhere - Most of them would go bankrupt within weeks ...


Wages = Stimulus .... Low wages = poor stimulus ....

They can lower taxes all they want .... It wont stimulate the economy enough to keep most companies afloat ....

Deflation is coming .... It is unavoidable, I believe .... There is little wage base to sustain sales revenues and support current prices ....

A new economy will form around a population with less money and less buying power .... It could very well be that LOCAL economies will provide the greatest activity for most families .... But it is certain that those companies who have profited from middle class families will have to either retool for cheaper goods at lower volumes, or die ....

I worked in union shops for most of my career ..... I appreciated every red cent ....

[postulater]

7. The only option I see is to make every corporation

that sells their stock in the market to transfer an equal number of shares either directly to the employees or to some sort of community holding company.

That would guarantee some sharing of profit and some roots in the community, making it harder for the corps to just pull up and go where they can abuse some more workers for a lower wage.

Not gonna happen with the Republicants in charge.

[qazplm]

4. It assumes two things

a. that such a larger stimulus would have created so many new jobs as to fundamentally improve the economy (doubtful)

b. that the stimulus necessary to do a would have passed Congress (doubtful)