Skip to main content

in Europe

in New Jersey

If you read Romney's Economic Model his New York Times column for Thursday, you will see Nicholas Kristof gets very blunt.

He starts by noting Romney's criticisms of Obama's economic record, and acknowledges that there is some merit, because the recovery has been weak.

Then comes his 3rd paragraph:  

But Obama’s best response could be this: If you want to see how Romney’s economic policies would work out, take a look at Europe. And weep.
He notes that both Britain and Germany have followed the Romney economic model, for which they have received praise from Republicans.
Yet these days those economies seem, to use a German technical term, kaput.
OUCH!

Kristof then goes back in time to offer the "wise" observations of a number of Republicans:  Karl Rove, Representatives Kenny Marchant, Steve King and Joe"You Lie!"  Wilson, and Senator Jeff Sessions.  He notes that Sen. Session praised New Jersey as following the British model.

O.K. Let’s see how that’s working out.

New Jersey isn’t overseas, but since Sessions and many other Republicans have hailed it as a shining model of austerity, let’s start there. New Jersey ranked 47th in economic growth last year. When Gov. Chris Christie took office in 2010 and began to impose austerity measures, New Jersey ranked 35th in its unemployment rate; now it ranks 48th.

Senator Sessions, do we really aspire for the same in America as a whole?

It gets better.

Read it.

Pass it on.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (18+ / 0-)

    "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

    by teacherken on Wed Oct 24, 2012 at 07:24:17 PM PDT

  •  Tell me about it (8+ / 0-)

    Almost 4 years now and not one idea from Christie on job creation.  The jobs are suppose to fall miraculously from heaven because he gave people making over 250K tax cuts.  Still waiting ...

    "The real wealth of a nation consists of the contributions of its people and nature." -- Rianne Eisler

    by noofsh on Wed Oct 24, 2012 at 07:38:14 PM PDT

  •  In criticizing BO's economic record... (5+ / 0-)

    ...you have to at least give some acknowledgement that republicans have blocked much of his economic agenda, so the current economic conditions don't fully reflect Obama's positions.

    Yeah, not the strongest recovery thus far, but that's with Obama's agenda either watered down or never blocked. Would the economy have recovered faster and/or more strongly if Obama wasn't being hindered at every turn? Can't know for sure, but there's good reason to believe that it would have.

    Just look at the economic indicators. There was a strong bounce when the stimulus went into effect. Then when elements of the stimulus began to expire, economic growth slowed. It continued, but at a slower rate.  If Obama had his way, the initial stimulus would've been bigger, and/or he would've followed up with additional stimulus.

    Anyway, just had to point this out. It's something that continually gets ignored. Republicans and the media keep pushing the idea that Obama's policies failed or were of limited effectiveness. But if you're being honest, you have to acknowledge the fact that congressional republicans adopted the strategy of blocking Obama as much as possible and intentionally tried to limit his success, so as to hurt his chances of being re-elected.

    •  Can't Forget Chasm Dubya Left Either (0+ / 0-)

      Obama constantly gets hammered because of Team Obama's pronouncements on the expected unemployment rates made in December 2008, when they were working with the date which Dubya's administration was feeding them.  That data was bogus - very, very bogus.  The US economy was so crippled that Obama inherited an unemployment rate which was at least 2 percentage points worse than they were told post-election 2008.  That's the biggest reason that the administration has had such difficulty getting the unemployment rate below 8%.  Throw in the Republican efforts to cripple the Obama Administration's proposals and the banks' total unwillingness to cooperate on freeing up the log-jam in the housing market and one begins to see a pattern.  Frankly, the Obama Administration has almost worked a miracle in establishing the conditions to get unemployment to its current levels.

      "Love the Truth, defend the Truth, speak the Truth, and hear the Truth" - Jan Hus, d.1415 CE

      by PrahaPartizan on Wed Oct 24, 2012 at 10:50:28 PM PDT

      [ Parent ]

  •  Don't forget (2+ / 0-)
    Recommended by:
    PeteZerria, subtropolis

    Scott Walkers horrific record of "job creation" in Wisconsin. The state has had net job loss thanks to his ALEC austerity program.

    Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

    by NoMoreLies on Wed Oct 24, 2012 at 08:41:13 PM PDT

  •  Expect the numbers to go up again tomorrow (3+ / 0-)

    PPP tracking now has Obama up by 1, but this latest release is not, as far as I can tell, currently included in Nate's Model.

    Up 3 points since Monday

    now leads 49-48

    with independents now trails Romney by 2 instead of 9 before factoring in 2 nights with post-debate polling

    Obama's favorables up 3 and Romney's down 3 in last 48 hours!  That is massive movement.

    This release includes one day of pre-debate data, two of post-debate.

    Tomorrow night's release should show further good news.

    "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

    by teacherken on Wed Oct 24, 2012 at 08:47:28 PM PDT

    •  apologies, posted on wrong diary eom (1+ / 0-)
      Recommended by:
      subtropolis

      "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

      by teacherken on Wed Oct 24, 2012 at 08:48:18 PM PDT

      [ Parent ]

      •  trippy (0+ / 0-)

        That was like listening to an old-timey radio when some weird broadcast would tune in briefly and you'd go "wtf was that?" and it was maybe a baseball game, news broadcast, concert, Russian spy tapping out secrets into the aether ...

        could of at least posted a link, btw!

        i kid

        All things in the sky are pure to those who have no telescopes. – Charles Fort

        by subtropolis on Wed Oct 24, 2012 at 10:44:01 PM PDT

        [ Parent ]

  •  the socialist Europe meme (1+ / 0-)
    Recommended by:
    NoMoreLies

    Republicans love to point out that "socialist Europe" is in dire economic straits but fail to point out that it was the takeover by a cabal of selfish greedheads like themselves who've driven it into the ground.

    Romney must not win.

    All things in the sky are pure to those who have no telescopes. – Charles Fort

    by subtropolis on Wed Oct 24, 2012 at 10:34:06 PM PDT

    •  and note it's the "British model" (1+ / 0-)
      Recommended by:
      NoMoreLies

      I think even FOX would have a tough time spinning any advocacy of what Europe is doing.

      But maybe we can use that to our advantage (with apologies to Britain). If we can convince David Icke that Romney is one of the Queen's lizard people it could shift some votes.

      Although, with Icke's readers some of them might be for Romney.

      All things in the sky are pure to those who have no telescopes. – Charles Fort

      by subtropolis on Wed Oct 24, 2012 at 10:37:12 PM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site