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View Diary: Daily Kos Elections Live Digest: 5/4 (323 comments)

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  •  By any modern standard, (2+ / 0-)
    Recommended by:
    Mark27, MichaelNY

    our level of unemployment is scandalous. And the political danger in saying that the economy is on the right track is that we're only a few news cycles from Wile E. Coyote's "gravity lessons."

    If you really think everything is basically ok, I don't know if there's much I can say. Everything isn't ok--or getting ok anytime soon. I put myself with Atrios and Krugman on that. And I fear that the "right track/wrong track" numbers reflect an electorate that basically feels the same way. Now whether Romney can do anything with that is a different question. I sure hope not.

    Ok, so I read the polls.

    by andgarden on Fri May 04, 2012 at 12:29:21 PM PDT

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    •  I think that a lot of the fundamentals (3+ / 0-)
      Recommended by:
      bumiputera, askew, MichaelNY

      for the U.S. are stronger than they have been in several years, and this summer it seems like there is a good chance the country won't get stricken by any external political or economic crisis's.

      Things still aren't good, but I don't you can call the over all picture bad. There's still an enormous amount of work to do, and years of restructuring, but I see an overall picture that is slowly brightening and moving forward. April's numbers were not so horrible, and, going by payroll firms and unemployment numbers and what happened in March, it seems extremely likely that when the numbers are finalized they will be revised significantly higher.

      Our level of unemployment isn't so scandalous. Many modernized, wealthy, industrialized countries are dealing with worse and have been for many years. America itself has had 8 percent unemployment in the 1980s and 1990s. It's improved a lot over just the last 18 months, and that despite a levy of interferences and problems, including much of what Krugman often talks about.

      But please don't talk at me like I'm an idiot or seeing things from rose-colored classes. I love Krugman's writings, he's brilliant and scathing. I just think he's a bit too pessimistic, though mostly right about Europe. Krugman especially tends to focus on the negative factors with America, so I always take him with a broader picture and an open mind. To each his own.

      "Once, many, many years ago I thought I was wrong. Of course it turned out I had been right all along. But I was wrong to have thought I was wrong." -John Foster Dulles. My Political Compass Score: -4.00, -3.69, Proud member of DKE

      by ArkDem14 on Fri May 04, 2012 at 12:44:25 PM PDT

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