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View Diary: Hell No! No Grand Bargain. Are "Progressives" Destroying the New Deal? (146 comments)

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  •  Voters tend to blame the party in power (2+ / 0-)
    Recommended by:
    joe shikspack, aliasalias
    Voters tend to blame the party in power – the president’s party – for the economy. And the 2014 economy is likely to be lousy. Americans are struggling with falling wages and growing insecurity. More than 20 million people are still in need of full-time work. Most of the jobs now being created have lower pay and benefits than those that were lost.
    The economy slowed at the end of 2012 even before Americans were hit with the end of the payroll tax holiday, which will cut an estimated $1,000 out of the typical family’s annual paycheck, and the sequester cuts that are likely to be more disruptive than expected. Growth is expected to slow to 1.5 percent this year, according to the Congressional Budget Office. (CBO predicts a rebound in 2014 – but CBO always assumes the economy will rebound in the out years).  The richest 1 percent captured a stunning 121 percent of the income growth in 2009 and 2010, while 99 percent actually lost ground. That is only likely to get worse, not better, as growth slows.
    The Democratic base is likely to be demoralized and disenchanted.

    "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

    by allenjo on Tue Apr 09, 2013 at 12:08:44 PM PDT

    [ Parent ]

    •  yes, one is tempted to think that obama... (4+ / 0-)

      wants the democrats to fail and lose even more seats in the house.  if he did, he would be hard pressed to come up with a more effective plan of action than his current one.

      i'm part of the 99% - america's largest minority

      by joe shikspack on Tue Apr 09, 2013 at 12:20:12 PM PDT

      [ Parent ]

      •  Democrats thinking wistfully of the house (5+ / 0-)

        Do Democrats have a clue of the damage they will do if they pass cuts to social security, when already facing the below?

        Democrats thinking wistfully about taking back the House of Representatives, holding the Senate, ending gridlock and driving a new surge of progressive reform.....

        Well, sober up.

        The 2014 midterm election is more likely to be a debacle for Democrats than Republicans.

        It will take a true political miracle for Democrats to take back the House.

        Republicans need to win a net of six Senate seats to take the Senate – with six Democratic seats up in red states, and seven in swing states.

        Four sitting Democratic Senators are retiring compared to only two Republicans, both from safe red states.

        "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

        by allenjo on Tue Apr 09, 2013 at 12:46:36 PM PDT

        [ Parent ]

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