Economy

Democrats Close Gap in Generic Ballot

In just one week the Democrats have closed a ten point gap on a generic ballot according to a Gallup Poll released yesterday:

The latest Gallup update on 2010 voting preferences marks the first time in over a month at which Republicans have not held an advantage among registered voters on Gallup’s weekly generic ballot update. This shift, coupled with the fact that Democrats led on the measure earlier in the summer, shows that voter sentiments are not immune to change. Hoping to prove this, Democrats from the president on down are gearing up to maximize their chances of keeping party control of the House, just as voter attention to the campaign is increasing after the Labor Day weekend.

While the Republicans are seemingly distracted by rabbit holes, as Mississippi Gov. Haley Barbour called it, they have not seized the opportunity to clearly set an agenda to deal with the number one issue facing the American Voter this year; jobs, jobs, jobs.

Hoping to win by default just isn’t going to cut it.  And playing on biases and cultural differences to score cheap political points will only work for so long.  It is time for the Republicans to clearly articulate a plan for economic recovery.

Perhaps this poll can serve as the wakeup call the Republicans so desperately need. If they choose to stay on the path they are on, their wins will not be as great as they could be.

Stimulus Spending Leading to Economic Armageddon?

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Can White House Sell the Stimulus?

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The Job-Killing Impact of Minimum Wage Laws

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The Real Reason Our Economy “Is In The Toilet”

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Conan O’Brien tells the real reason China and India are growing while we remain stagnant: YouTube.

Obama: Value Added Tax A “Novel” Idea For The United States

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3 Reasons Public Sector Employees are Killing the Economy

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Iraqis Sounding Like Americans

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In this video, an Iraqi mother explains why she is ambivalent about voting. Her situation sounds like that of many Americans.

Elections, And Why The American Economy Will Collapse

I know what you’re thinking: man that Pete is a positive guy. I like to describe myself as realistic, with a bit of fatalism throw in. Either way, I find it hard to look at the economic landscape and have any hope. It is especially dreadful when politicians have to get re-
elected, AND said politicians consult certain “economists”.

Economists have for years looked at what is happening in a society and sought to come up with solutions as to how an economic crisis can be “fixed”. The problem is, like in all fields, you have good economists, and you have the not so good (The latter seem to be the ones that always find their way onto the public payroll).

In extremely broad terms economists can be split into two categories:

1. The “good” economist traces what a policy can do not only in the present, but 
in the future; AND what it does for not only one segment of society, 
but the whole.

2. The “bad” economist does the exact opposite; they examine only what 
will fix the present issue and usually concentrate on only one segment of 
the population.

If you are a student of American history your eyes should be opening as to which economist is most often chosen by our elected officials. The real question is “why”?

Well, why wouldn’t a politician pick economist #2?

WSJ Survey: Economists Cautious in 2010

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