« DePaul University Professors Attempt to Shut Down Tea Party Event Utilizing University Resources, Inherent Hotness | Main | Are Obama's Fundraisers A Form of Ego-Rejuvenating Therapy? »
August 10, 2011

Suckers: Dow Loses 519, Easily Eclipsing Yesterday's Buy-Off-The-Bottom Sucker's Rally

From bad to worse.

The markets are considered a forward indicator of what the economy should look like down the road, right? Anyone know how far ahead they are conventionally believed to forecast? 3 months? 6?

A whopping 73% believe the country is on the wrong track.

21% say it's on the right track.

Who the hell are these people?

The survey found that 47 percent believe "the worst is yet to come" in the U.S. economy, an increase of 13 percentage points from a year ago when this question was last raised.

This is the highest measure since March 2009, when concern peaked at 57 percent, at the height of the recession.

But every time you think the public gets it...

Americans held mixed views on the best way to stimulate economic growth. Cutting spending, 49 percent, and taxing the wealthy, 46 percent, came highest, followed by investment in infrastructure, 34 percent.

This poll, by the way, is of adults, though they go on to say that over 80% of the adults are also registered voters.

Here's Obama's job approval state by state; he remains competitive in most swing states (at about 46% or so approval).

He has a meager 32% approval in three states and 27% in one state. (Guess which.) But those a GOP gimmes.

This poll might point the way forward for a GOP candidate.

Barely one in four Americans has confidence that the federal government has the ability to fix economic problems, and most share Standard & Poor’s indictment of the country’s policy-making process, according to a new Washington Post poll.

If only 26% have confidence in the government's ability to fix problems... well, never let a good crisis go to waste. Capitalize on that, and make the theme of 2012 a government that does much less, but much better, and much more cheaply.

Why pay Cadillac-level taxes for Yugo-level performance?

Of course, there's again some cluelessness from voters...

The spreading lack of confidence is matched by an upsurge in dissatisfaction with the country’s political system and a widespread sense that S&P’s characterization of U.S. policy-making as increasingly “less stable, less effective and less predictable” is a fair one.

Which is the public's fault. Politicians lie to the public in stupid, obvious ways, but it is the public's fault that such lies are credible to them, and it is their fault politicians can profit from stupid lies.

We have a political problem, yes, and that problem begins with the polity itself, which remains ignorant (as a whole) about the depth of our problems and, more importantly, the cause of these problems and ergo the actual solutions.

But the public will continue caterwauling about foreign aid, waste and abuse, and "taxing the rich."


digg this
posted by Ace at 04:47 PM

| Access Comments




Recent Comments
Dave Ramsey: "And Rev. Billy Graham saved millions And if he' ..."

rickb223 [/s][/b][/i][/u]: "Supposed to hit 71 today in Hymietown. Posted ..."

FenelonSpoke: "The left cursing Billy Graham has no effect on him ..."

moon_over_vermont: "[i]Son and bride had backyard cookout with hamburg ..."

REDACTED: "I fvcking hate New England. Posted by: DocJ at Fe ..."

Tami[/i][/b][/s][/u]: "Anyway they had their feast after the wedding, in ..."

Roy: "387 Is the left cursing Billy Graham yet? Posted ..."

Moron Robbie - Blacks and Hispanics are beating up LGBTs in record numbers and it's Trumps fault!!!!: "Pig pickings are some of the finest moments in lif ..."

Tom Servo: "Fort Worth right now is 32 degrees with mixed ice ..."

Donna and V. (sans ampersands at the present time): " 397 I went to a wedding for some country cousin ..."

Circa (Insert Year Here): "[i]And Rev. Billy Graham saved millions.[/i] H ..."

Brother Cavil, CAPRICAN STEEL!: "[i]Of course if some of you guys were at the weddi ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64