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View Diary: Jobless benefits climb to 357,000. GDP growth for 4th quarter tiny bit better than first report (23 comments)

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  •  I don't know if it is the sequester, (4+ / 0-)

    but even 357,000 is not terrible in terms of the slow recovery we have had.  If we can ever get under 300,000, we will make up some of those jobs losses much more quickly.

    The human victims of the Recession will never be able to make up for their lsoses.   That the defict became the obsession, and President Obama bears some  responsiblility for this by his actions in 2010 and 2011, is just wrong.   It was mostly caused by Republicans and the horrendous 2010 elections, but I see three big mistakes by this President: (1) too small of a stimulus (realizing that what was done made a big difference for the better); (2) the pivot to deficts and desire for a Grand Bargain in 2010 and 2011; and the failure in 2009 when there was a real teachable moment in the depths of the Depression to show what caused it: free market fundamentalism, greed, and politicians who enabled the great class stratification.  

    I think the President and Dems have done a lot of good overall, but I sometimes wistfully dream of what could have been.  I do not blame President Obama for the state of unemployment; that would let Republicans off the hook.  At least he now seems to realize that compromise with Rs is impossible.   Unfortunately, there are red states and blue states.  There is no post partisan.  

    That all said, I'm glad Barack Obama is president.  he is a historic figure and his presidency is changing America for the better. i

    Join us on the Black Kos front porch to review news and views written from a black pov—everyone is welcome.

    by TomP on Thu Mar 28, 2013 at 09:51:14 AM PDT

    •   I do not blame President Obama for...unemployment (2+ / 0-)
      Recommended by:
      MikePhoenix, Glenn45

      Well I do.
      The greatest mistake this WH made was not going immediately after the Bush Crime Family. Had they gone after the BCF-- with a Democratic House majority-- the Rethugs would have been knocked out of power for ten to fifteen years. The entangled circles of corruption surrounding the Rethug leadership would have resulted in numerous indictments and imprisonments; completely discrediting the Rethug brand, and more importantly, fatally wounding Reaganism.
      This country cannot advance economically until the Rethug Party is completely crippled. And, this WH failed to deliver a crippling blow to the Rethugs when they had the opportunity. "Fixing" the economy had to be secondary to finishing of the Rethug Party and killing Reaganism. It is impossible to "fix" the economy for any group other than the super-rich as long as Rethugs have any power or Reaganism isn't rejected wholesale. Working people, middle class people, aren't part of a Rethug Reaganomics. Employment is irrelevant. Only stock prices matter.

      •  While I, too, wanted some indictments... (5+ / 0-)

        ...asserting that the Republicans would have been knocked out of power and Reaganism fatally wounded by prosecutions is an overly bold claim. We don't know what would have happened. They may have easily beaten those prosecutions, the populace may have rejected this approach entirely and send not just the Democratic majority packing in 2010 but Obama in 2012. I've heard many people in my lifetime say the Republican Party is finished for a generation or two (Nixon debacle) or that the Republican Party was the permanent new majority (after Bush I won in 1988) despite Iran-contra. So I take such speculation with an entire salt shaker in hand.

        Don't tell me what you believe, show me what you do and I will tell you what you believe.

        by Meteor Blades on Thu Mar 28, 2013 at 01:23:32 PM PDT

        [ Parent ]

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