June 07, 2011
— andy Continuing with the no-Weiner-but-all-boned diktat from the Head Moron, here's a pretty good summary of what ails some random country:
_____________ has become the poster child of an Entitlement Society – the public sector has extended everywhere and private capital has been crowded out by the need to keep the public sector employment in place
Take a guess. Answer below the fold. Anyone who said "Portugal" move to the head of the line. Anyone who thought this referred to the U.S. or another E.U. country go and stand right beside them, because it may as well have.
As a matter of fact, that article reads pretty well if you substitute "the United States" for "Portugal" all the way through.
I believe we may have found a rare accomplishment to credit President Obama with. He campaigned on making us less cowboyish and more like Europe. In that regard he has succeeded beyond all expectations. Succeeded in making us equally bankrupt, that is.
I mean, he must have chalked it up as a success. Otherwise, why would he stop taking daily economic briefings?
At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office....
“The president asked that this be added every day to his schedule,” Gibbs said at the time. Gibbs added that Obama believed it is “important that each day he receive the most up to date information as it relates to the economy.”
Hey, the man gave umpteen speeches on the economy and levered us up a few trillion dollars. So problem solved, right? Why it would be downright unreasonable for us to expect him to work his handicap down with a standing meeting on his calendar every. damned. day.
(Thanks to Slu for that last part. Like Austan Goolsbee, I was looking for an exit)
Posted by: andy at
09:27 AM
| Comments (61)
Post contains 323 words, total size 2 kb.
At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.
That guy was a downer.
Posted by: King Barry I "Piehole" at June 07, 2011 09:31 AM (QKKT0)
At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.
Who can hear SportsCenter through all those confusing numbers?
Posted by: IE Con at June 07, 2011 09:32 AM (/COcn)
Posted by: Morning Turd at June 07, 2011 09:34 AM (9vp1V)
Posted by: DSK at June 07, 2011 09:35 AM (tf9Ne)
If your trying to dig out the foundation of a Capitalist System and redistribute it's wealth......why would you want to pay attention to the numbers? It makes no sense, becaue you wouldn't care what the numbers are, all you would care about was how fast you could spend.
(whispers) Cloward-Piven (quitely nods and winks)
Posted by: Jimi at June 07, 2011 09:35 AM (JMsOK)
At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.
They kept telling me that it was price/earnings ratio, when I knew it was profit/earnings ratios. That really pissed me off, so I sent them away.
Posted by: The Naked Emperor at June 07, 2011 09:36 AM (Eskni)
Posted by: Barack Obama in his bunker at June 07, 2011 09:37 AM (7BU4a)
Posted by: steevy at June 07, 2011 09:37 AM (r1/m6)
Posted by: Michelle Obama's Landing Strip at June 07, 2011 09:38 AM (9bj/S)
Posted by: Jean at June 07, 2011 09:38 AM (WkuV6)
Posted by: George Orwell at June 07, 2011 09:39 AM (AZGON)
Posted by: Some dirty hippy commie or member of U. faculty at June 07, 2011 09:40 AM (ijjAe)
Posted by: Anthony Weiner at June 07, 2011 09:41 AM (AZGON)
Posted by: Jean at June 07, 2011 01:38 PM (WkuV6)
*opens MS Paint*
Posted by: CAC at June 07, 2011 09:42 AM (JEVge)
Posted by: izoneguy at June 07, 2011 09:42 AM (i6Neb)
Posted by: George Orwell at June 07, 2011 09:43 AM (AZGON)
This Sunday, Portugal voted out the Socialist and elected the right-center party (Soical Democrats). They will form a government with the conservatives. Hopefully USA will follow this script.
Posted by: JoeNYC at June 07, 2011 09:45 AM (J5JOi)
Trying to compensate for something?
And what was with all the cats, man?
Posted by: Kratos (Ghost of Sparta) at June 07, 2011 09:47 AM (9hSKh)
Obama: "I'm not concerned about a double-dip recession."
Whew! That was close... we all know that when Obama speaks he never gets it wro... OMG - we're boned!
Oh well, at least we don't have a bunch of snowbillies in charge!
Posted by: sherlock at June 07, 2011 09:47 AM (JYBAr)
Have no fear peasants, Barry says everything is cool
WASHINGTON – After a spate of discouraging economic reports, President Barack Obama insisted Tuesday he's not afraid of the country slipping into a double-dip recession. But at the same time he displayed some impatience that the pace of the recovery has "got to accelerate."
"Obviously, we're experiencing some headwinds," Obama said at a joint news conference with visiting German Chancellor Angela Merkel.
Headwinds? What happened to the bumps in the road?
But Obama said his administration was taking a range of steps to boost the economy, and that the nation is bound for long-term economic growth.
"We are on the path of a recovery but it's got to accelerate," he said.
Yes, making vague statements and bullshitting are a range of steps
Posted by: TheQuietMan at June 07, 2011 09:47 AM (1Jaio)
Those numbers' jockeys were destroying the concentration I required in order to fill out my NCAA Roundball Tournament barrackets ... so I locked them out of my office.
Posted by: Wacky Barracky, still hooked on tobaccy at June 07, 2011 09:49 AM (7GfKM)
Posted by: steevy at June 07, 2011 09:49 AM (r1/m6)
Here's what I've been wondering for a long while.
What really has to happen for a country to completely eliminate entitlements, like welfare, for example? In a country like Portugal, where the lube is already applied, the fluffer has completed her job and the boning is about to begin, how long is it until they as a society demand an end to welfare? Or will welfare be the last thing to go as the entire economy collapses?
Bonus question. How bad do things have to get before the government workers get gutted? News graphics yesterday showed 100,000 in the US were going to be eliminated but that's still the tip of an iceberg.
Posted by: Stateless Infidel at June 07, 2011 09:49 AM (GKQDR)
Posted by: George Orwell at June 07, 2011 01:43 PM (AZGON)
Hm...
You like Reagan.
Reagan adopted the "opportunity society" ideas from Gingrich's group for his 1984 re-election campaign.
1984 is also your AoS handle's greastest work.
It is time to come clean Newt.
Posted by: CAC at June 07, 2011 09:49 AM (JEVge)
Posted by: B. Hussein Obama at June 07, 2011 09:51 AM (AZGON)
but holy fuck Nintendo, your new system is WiiHD with a huge fucking controller. Talk about a dissapointment
Posted by: The Dude at June 07, 2011 09:51 AM (Ig1Wo)
Posted by: Morning Turd at June 07, 2011 09:52 AM (9vp1V)
Posted by: t-bird at June 07, 2011 09:53 AM (FcR7P)
Is California a random country?
Remember those hippie-dippie libtard bumper stickers that would be modified to say "Practice Random Senseless Acts"? That's the CA state government's philosophy in a nutshell.
Posted by: IllTemperedCur at June 07, 2011 09:53 AM (CaMwV)
Posted by: George Orwell at June 07, 2011 09:54 AM (AZGON)
Posted by: António de Oliveira Salazar at June 07, 2011 09:55 AM (agD4m)
Posted by: TomH at June 07, 2011 09:55 AM (bEZMb)
link to ABC review
http://tinyurl.com/3fmdpma
Posted by: shiggz at June 07, 2011 09:55 AM (mLAWK)
Posted by: Morning Turd at June 07, 2011 09:55 AM (9vp1V)
Posted by: Cicero at June 07, 2011 09:56 AM (QKKT0)
"Recovering from that kind of body-blow takes time," Obama said, admitting that in recent weeks the economy had faced strong "headwinds."
"Recovery is going to be uneven. There are going to be times where we are making progress, but people are still skittish and nervous, and the markets get skittish and nervous."
"Our task is not to panic, not overreact, to make sure that we've got a plan, a path forward," he said, noting the need to tend to structural issues and fundamentals that would promote growth and a sound business environment.
In other words, STFU and reelect me. Structural issues and fundamentals like wind farms and high speed rail?
Posted by: TheQuietMan at June 07, 2011 09:58 AM (1Jaio)
Posted by: Dom Strauss-Kahn at June 07, 2011 10:01 AM (e2VMT)
The dismaying evidence that the recovery may be stalling has offered a sudden opening to Republicans, especially those running nascent presidential campaigns, who know many Americans are yet to feel evidence of a recovery.
Mitt Romney, the putative Republican frontrunner for the 2012 election slammed Obama for saying the jobs data was a "bump in the road" and issued an indictment of administration policies he said had "failed America."
Barry: Note to self: drop "bump in road" change to "headwinds".
"Dismaying evidence" in other words in spite of our line of bullshit the reality of how bad our economic situation is cannot be covered over any more
Posted by: TheQuietMan at June 07, 2011 10:02 AM (1Jaio)
I truely belive that Obama and the Demcorats had no idea that they could do so much damage so quickly.
I think they thought they were only doing prep work for his second term, where the screws would then be put to the economy and the system as a whole, and they would then envelope their Collectivist Agenda into place then.
It seems to have backfired a little, and now he may not get his seond term. This is a lesson for all you childern and Commies joining us today. Never count your Chiken before they are Hatched.
Posted by: Jimi at June 07, 2011 10:03 AM (JMsOK)
Posted by: 7th Assistant Underassistant to the Mayor of Humacao at June 07, 2011 10:03 AM (agD4m)
Posted by: George Orwell at June 07, 2011 01:43 PM (AZGON)
Hm...
You like Reagan.
Reagan adopted the "opportunity society" ideas from Gingrich's group for his 1984 re-election campaign.
1984 is also your AoS handle's greastest work.
It is time to come clean Newt.
Posted by: CAC at June 07, 2011 01:49 PM (JEVge)
C'mon, you're not even trying now. Where's the good stuff?!
Posted by: KinleyArdal at June 07, 2011 10:09 AM (Cy/Q5)
Posted by: Vic at June 07, 2011 10:16 AM (M9Ie6)
http://tinyurl.com/3mhcc57
Posted by: Barb the Evil Genius at June 07, 2011 10:20 AM (MyByM)
When the news is largely bad, or middling at best with little in the way of meaningful improvement on the horizon, there's no reason to be reminded of it on a daily basis, right Mr Failu, er, I mean Mr President?
Posted by: Blacque Jacques Shellacque at June 07, 2011 10:37 AM (1rHeD)
Now, we can pretty much guess he wasn't going to absorb the information in either case, but he didn't stop the briefings. That was a badly-written headline from the other day.
Posted by: Merovign, Dark Lord of the Sith at June 07, 2011 10:52 AM (bxiXv)
1. Zero taxes on any corporation/company manufacturing solely within the United States for a period of five years;
2. Zero capital gains tax for five years;
3. Zero estate tax for five years;
4. Across the board 10% federal income tax for every man, woman, and child who earn more than $100.
Fixed it for you. Oh, and throw in for the hell of it:
5. Rescind the right to vote for anyone who hasn't paid federal income tax in the prior year or who is currently receiving welfare.
Posted by: kathysaysso at June 07, 2011 10:57 AM (ZtwUX)
"Obviously, we're experiencing some headwinds."
This is code for "it's not my fault." "it's all Bush's fault."
FIFY.
Posted by: Mary Poppins' Practically Perfect Clitoris at June 07, 2011 10:57 AM (zF6Iw)
In place of the daily briefing, he's going to hang a big MISSION ACCOMPLISHED" banner above his head. Then duck out for a smoke.
Posted by: hannitys_hybrid at June 07, 2011 11:28 AM (zpqa2)
Posted by: truereligionjeansoutlet at June 14, 2011 10:55 PM (QzFpa)
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Posted by: EC@EC.com at June 07, 2011 09:30 AM (GQ8sn)