Romney Blasts Obama on Jobs Report: “Another Hammer Blow to Struggling Middle-Class”

Economy barely putt-putting along… Team Obama says they’re “ahead of the curve.”


8.3%.

23 million Americans are out of work.

July’s jobs report reveals another bruising whack at the middle-class.

While speaking to voters today at ‘Sierra Truck Body and Equipment’ in North Las Vegas, NV, Governor Mitt Romney responded to the jobs news:

“And, of course, today we just got a new number from the unemployment report and it’s another hammer blow to the struggling middle-class families of America because the President has not had policies that put American families back to work. I do. I’ll put them in place and get America working again. You know this. These numbers are not just statistics. These are real people really suffering, having hard times. 23 million Americans out of work, or stopped looking for work, or way underemployed. 23 million. The official unemployment number: 8.3 percent. That’s the longest period of time, 42 months, the longest period of time we have had unemployment above 8 percent in American history - since this has been recorded. This is an extraordinary record of failure. The President’s policies have not worked because he thinks government makes America work. He’s wrong. It’s people like John that make America work.”

(emphasis added)

Team Obama is spinning the latest unemployment news as being “somewhat ahead of the curve.” Uh huh. That goes hand-in-glove with Obama’s lofty declarations that “the private sector is doing just fine“, “you didn’t build that“, and the economy will be stimulated if we “buy furnace thingamajigs.”

Romney continued to reassure Americans he knows how to get Americans working again:

“And so the time has come for a plan that will actually get America’s workers back to work, that’ll create more jobs and take-home pay. And I know how to do that. This is not a mystery for me. This is not theory. This is practice!”

With his focus on helping the middle class climb out of the Obama morass, Romney presented a five-point economic plan yesterday which includes “achieving energy independence, cutting the deficit and balancing the budget, improving education, strengthening trade practices, and championing small businesses.”


A few results of Obama’s “ahead of the curve” putt-putt governance…

Wages continue to decline (7/2/12):

A new federal report finds that wages declined in 2011, only the fifth time in 33 years.

Unemployment ebbs and flows, but one measure of the nation’s economic health, average weekly wages, rarely dips.

Until now. In the latest demonstration of the struggling economy that threatens President Obama’s reelection, average weekly wages fell in 2011, one of only five declines since the category was created in 1978 by the Bureau of Labor Statistics.

Middle-class families are suffering with lower wages. Median household income has declined more than $4,000 (4/30/12):

“Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.”

Median family net worth has hit a two-decade low (6/12/12):

The Great Recession shrank Americans’ wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday. Median net worth declined from $126,400 in 2007 to $77,300 in 2010, a Fed survey of family finances found. The median marks the point where half had more and half had less.”

Current Number of long-term unemployed Americans is “staggering (6/12/12):

“The numbers are staggering. The ranks of the long-term unemployed swelled last month from 5.1 million to 5.4 million, and those individuals now account for 42.8% of the unemployed. Meanwhile, the average length of time the unemployed have spent out of work has climbed steadily higher — and older Americans have been the hardest hit.

The result is nothing short of a national emergency,” economists Dean Baker and Kevin Hassett wrote recently in the New York Times.”

Almost half of our fellow Americans live in a household where at least one member receives some type of government benefit (5/6/12):

“49.1%: Percent of the population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011. Cutting government spending is no easy task, and it’s made more complicated by recent Census Bureau data showing that nearly half of the people in the U.S. live in a household that receives at least one government benefit, and many likely received more than one.”

Under Obama, Americans have faced “record home foreclosures.” (2/1/12)

Family health care premiums have increased $2,393 during Obama’s first three years of playing golf in office (Kaiser Family Foundation study 2011).

Under Obama, national debt has skyrocketed to more than $5.3 trillion – resulting in an additional $16,000 debt-load for every American (U.S. Dept of Treasury 8/11/12):

Obama is responsible for “the most rapid increase in the debt under any U.S. President.” The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch. The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion. It’s the most rapid increase in the debt under any U.S. president.” CBS News, 8/22/11

We were reminded last week of our anemic 1.5 percent growth rate.

Gas prices have increased from $1.85 per gallon to $3.51 per gallon under no-Keystone-Pipeline Obama (U.S. Energy Information Agency, 8/1/12):

Gas Prices Up 17 Cents In Biggest July Jump Since 2000” (USA Today, 7/31/12)
After dipping to $3.33 a gallon and flirting with $3 in the South, the nation’s average gas price climbed 17 cents over 26 consecutive days in July. It was the first monthly gain since March and the biggest July jump since at least 2000, AAA said Tuesday.

One in seven Americans are out of work, or are discouraged workers who have stopped looking for work, or are underemployed or part-timers who want full-time work.

As workers run out of unemployment benefits, large numbers are being accepted on disability rolls. Further shrinking the labor force in a very debilitating way, once workers are classified as disabled, many fail to return to the work force. Thus, Obamanomics expands long-term entitlements which strapped taxpayers - you and I - must pay for. (Obama’s advisers warned him of this worrisome development last fall, but, as evidenced by the passing months, Obama is unconcerned or he would have changed course - and I’m not talking golf courses.)

This STINKS!

By Randy Bish - Tribune Review



Follow Jayde Wyatt on Twitter @YayforSummer

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43 Responses to Romney Blasts Obama on Jobs Report: “Another Hammer Blow to Struggling Middle-Class”

  1. Paulee Willette says:

    Nice article…Jayde….thank you….Off to post it…

  2. AfricansforRomney says:

    This Prez and his admin is continuously insulting the American people. Is he really thinks we’re stupid? This guy has no shame! bHe’s basically celebrating for increasing unemployment 8.3%. The hiring is good news, but the number of people who left the work force equally the same. Show me his plan that works. His economic plan is demonizing success, pulling out people from the work force. You call this a plan? We cannot afford Obama another day let alone 4 years.

    Hey, Hey! Ho, Ho! Obama must go! repeat after me :-)

  3. Cathy says:

    Ask yourself…
    Am I better off now than I was 3 1/2 years ago?
    Have I been able to meet or exceed my financial goals set 3 1/2 years ago?
    Has my net worth gone up?
    Do I have some fear for the future financially?
    Am I fearful for my children and grandchildren to be financially secure?
    Am I willing to accept a lower standard of living?
    Am I willing to go with little or no quality health care?
    Am I willing to pay more taxes to spread the wealth and accept government assistance if needed?

    Consider your answers on Nov.7th! This is your future if Mitt Romney isn’t elected our President.

  4. Tom says:

    The mess we are in now was carried over from the Bush years and it will take a long time to resolve these problems even beyond whoever becomes president for the next four years. But the problem is much more strategic than anyone thinks. What is causing this economic stagnation and will continue to cause it down the road is the shrinking supply of oil. Energy is the juice of the modern economy. Without a sufficient supply (which has been increasing less), it can’t run well. Modern civilization should have done it a long time ago. One of the biggest mistakes it ever made was not balancing the energy spectrum. We use too much energy by developing technological products from light bulbs to cars to to i-Pads over the last 150 years, but did relatively little to advance the supply side of the energy spectrum. So much so that it has been said that if Thomas Edison came back, he would recognize today’s power system. One reason why is that petroleum has been historically cheap with the exception of the 1970s and in the last 10 years or so. It is also very reliable and relatively easy to implement into an energy source like through the internal combustion engine. But we are running out of them. There has been little profit incentive for private industry to create alternatives.

    How did this current crisis come about and affected our economy today? In the 1950s, the U.S. government created incentives to expand energy usage. Title 1 made it easier for suburban communities to be built and middle class families rushed out into them. The new suburban homes used up more power and people started to drive more as the new suburbs were complemented by the construction of the National Highway System under the Eisenhower administration, perhaps the biggest man-made project in history. This led to the biggest economic expansion and the biggest expansion of the middle class in American history. But this all came at a price. Energy usage spiked like never before. Furthermore, growth in polymer-related industries like the wider usage of plastic and rubber in the 60s and 70s caused further demand for petroleum. In 10-15 short years, the United States hit its peak in the domestic production of oil in the 1970s. An energy crisis hit which was further exacerbated by the Arab oil embargo.

    In the late 1970s, an alternative energy program was created by the U.S. gov’t under the Carter administration that included renewable energy in respone to the energy crisis. That program was scraped in the 1980s in favor of importing more oil under the Reagan administration. The economic stagnation (or stagflation) of the 1970s and the subsequent Reagan’s years of the 1980s also changed the political culture of the United States which it become gradually institutionally conservative. Liberal economic policies of “taxing and spending” were discredited and blamed for the economic downturn of the 1970s by conservatives like Reagan. He and others misidentified or overlooked the real problem that caused the downturn: SHORTAGE OF ENERGY RELATIVE TO DEMAND. Namely, oil. Energy is the juice of the modern economy. It was no coincidence the stagflation in the 1970s happened during the time of the energy crisis when the U.S. hit its peak in domestic production in the the “black gold” and started to rely more on foreign oil during the time of heightened world tensions. Instead, conservatives MOSTLY wrongly blamed it on liberal policies of too much government. When it was clear that oil was not for the far future (like in the 21st century), Reagan scrapped the alternative energy programs in the 1980s and decided to rely more on imported oil.

    Admittedly, the problem with alternative energy like solar and wind is that the current technology is not capable of providing enough BASE POWER to supply society with energy 24/7. Speculatively, government wasn’t given much of a chance to develop better storage technology for alternatives after its program was scrapped in the 1980s. It could have been done. After all, this is the same government that built the Panama Canal, the Hoover Dam, the Alaska Pipeline, the National Highway System, and helped build the Erie Canal, Transcontinental Railroad, and the suburbs. Putting a man on the moon was a comparatively more difficult task which by the way helped lead to the development of solar power. So was the Manhattan Project that led to nuclear energy. However, because of the polarized political atmosphere in the United States in which conservatism has become gradually extreme since the 1980s and ignorant and dismissive of climate change and alternative energy and even what government has done in the past and can do presently as well as the current budgetary problems due to reckless government fiscal policies in the first decade of the 21st century, little as has been done. Ironically, the institutional conservative movement of the Reagan Revolution that started with conservatives mostly falsely blaming the economic crisis in the 1970s on liberal policies has culminated in the political polarization we have today that is hindering efforts to stem global warming and find alternative energy solutions. You can look at it for yourself. Every time the economy is showing growth, oil prices rises higher disproportiately in response to growing demand because of higher economic activity. It would knock down growth; continuing economic stagnation. It’s like the 1970s all over again, except it is more gradual, unlike the 70s when it was a sudden shock because the Arab oil embargo (remember the long gas lines?), but this time it much more perpetual because we can’t simply import our way out of high oil prices like we used to. The last 50 years witnessed much turbulence because of dependence on oil. Imagine what the next 50 years would be like if we continue this current course.

  5. Tom says:

    Does anyone remember TARP? Bush deficit in the last year of his administration spiked due to the financial bailouts in 2008 that could have sunk this country into a depression. And yes, Obama continued (what choice did he have). You can blame him and Bush for the inefficiency of how it was run, but the origins of crisis in 2008 that caused such economic misery and resulted in deficit-rising bailouts goes way back. Even though Clinton is one who signed the mostly-GOP Gramm-Billings-Leach Act that repealed Glass-Steagall, Bush definitely embraced it because of his similar “light-touch” attitude towards private financial industry.

  6. Tom says:

    AfricansforRomney

    The same old lines with no facts

  7. AfricansforRomney says:

    Tom,
    Now, i’m suspecting that you’re living in delusional world. Of course, it is Prez Obama’s fault for failed economy policies that he’s implementing from far end of the left. He’s a leader of the free world. He got hired in ’08 to fix the problem not to whine and complain. Obama has ZERO accomplishment records in the last 3+ years so, the only option left for him is complain, cry, whaaa, whaaaaaa.
    Obama cannot campaign for one freak’n policy that help to move the economy forward. NONE. Obama is taking us BACKWARD.

    Obama=Desperate=Divider= A Failed Leadear!

    p.s Tom, please, no more cut & paste your online propaganda.

  8. Tom says:

    >>Now, i’m suspecting that you’re living in delusional world. Of course, it is Prez Obama’s fault for failed economy policies that he’s implementing from far end of the left. He’s a leader of the free world. He got hired in ’08 to fix the problem not to whine and complain. Obama has ZERO accomplishment records in the last 3+ years so, the only option left for him is complain, cry, whaaa, whaaaaaa.
    Obama cannot campaign for one freak’n policy that help to move the economy forward. NONE. Obama is taking us BACKWARD.<<

    And can you tell why I am "delusional". As usual you don't debate on the issues, just mindless rhetoric..

  9. Tom says:

    There is the Iraq and Afghanistan; there is TARP that started under the Bush years and continued afterwards; there is even the extended Bush tax cuts that extended 3-4 years into the Obama’s presidency. They all had enormous affect on the present state of the economy and our fiscal health.

    In the light of all these facts, how can you just say that it is entirely blamed on Obama. When it comes to blame, we are still dealing with the mess from the Bush and will continue to so down the road. No new gov’t can quickly fix the problems created or fell into by their predecessors. Did the Vietnam War stop after Nixon became POTUS? Did thousands of more men not die after Truman took over during WWII? At least, FDR was winning when he passed away. I couldn’t say the same about Afghanistan and Iraq when Obama took over. It took Nixon more than his first term to end the Vietnam War.

    When Obama became POTUS, he had two wars, the worst economy in 70 years, and perhaps the worst fiscal crisis since the 1790s. And you’re telling me this has nothing to do with his predecessors and it’s all him???

    Remember, when Obama was in the Senate, he voted against the Iraqi invasion, a failed and questionable war that he later inherited and fixed with mixed results as POTUS which continued to hurt the country.

    Those are facts!!!

  10. Tom says:

    AfricansforRomney

    There is the Iraq and Afghanistan; there is TARP that started under the Bush years and continued afterwards; there is even the extended Bush tax cuts that extended 3-4 years into the Obama’s presidency. They all had enormous affect on the present state of the economy and our fiscal health.

    In the light of all these facts, how can you just say that it is entirely blamed on Obama. When it comes to blame, we are still dealing with the mess from the Bush and will continue to so down the road. No new gov’t can quickly fix the problems created or fell into by their predecessors. Did the Vietnam War stop after Nixon became POTUS? Did thousands of more men not die after Truman took over during WWII? At least, FDR was winning when he passed away. I couldn’t say the same about Afghanistan and Iraq when Obama took over. It took Nixon more than his first term to end the Vietnam War.

    When Obama became POTUS, he had two wars, the worst economy in 70 years, and perhaps the worst fiscal crisis since the 1790s. And you’re telling me this has nothing to do with his predecessors and it’s all him???

    Remember, when Obama was in the Senate, he voted against the Iraqi invasion, a failed and questionable war that he later inherited and fixed with mixed results as POTUS which continued to hurt the country.

    Those are facts!!!

  11. Tom says:

    Do you think any recovery is going to be that dramatic considering the most unprecedented crisis we are facing now in 70 years?

    There is another factor that is preventing a more dramatic recovery: SHORTAGE OF ENERGY RELATIVE TO DEMAND.

    In the 1990s, a barrel of oil was around $20 at the most. By 2007, it hit $140 a barrel and now we live with norm of $70-80. Regardless if I’m wrong about this, but this is a disaster. We had fluctuations in oil prices before, but nothing radical like this except for the 1970s.

    Remember, in the 1970s, the United States hit its peak in domestic oil production. This was a huge change from what it sued to be because country used to one of the biggest exporters of oil in the world before the late 1960s. The oil shock caused by this and the Arab oil embargo shook the country. Remember the long gas lines.

    Energy is key to the economy. Forget the internet and smartphones, they are nothing without energy. People tend not really understand how vital energy is to the modern economy.

    When Reagan took office in the 80s, he simply imported more oil that helped turn around the economy but delayed the inevitable for only two more decades. Now, Obama cannot import out of high oil prices like the gov’t in the past.

    While the 70s was an energy death blow, the present energy crisis is more gradual and also more perpetual. It’s death by a 1000 cuts.

    You and others are really missing the bigger picture. All your spinning and misplaced blames about how bad the economy is like the 8.5% unemployment is being ignorant of the what the real root cause of the problems are and detracts from real solutions.

  12. Tom says:

    AfricansforRomney

    Do you think any recovery is going to be that dramatic considering the most unprecedented crisis we are facing now in 70 years?

    There is another factor that is preventing a more dramatic recovery: SHORTAGE OF ENERGY RELATIVE TO DEMAND.

    In the 1990s, a barrel of oil was around $20 at the most. By 2007, it hit $140 a barrel and now we live with norm of $70-80. Regardless if I’m wrong about this, but this is a disaster. We had fluctuations in oil prices before, but nothing radical like this except for the 1970s.

    Remember, in the 1970s, the United States hit its peak in domestic oil production. This was a huge change from what it sued to be because country used to one of the biggest exporters of oil in the world before the late 1960s. The oil shock caused by this and the Arab oil embargo shook the country. Remember the long gas lines.

    Energy is key to the economy. Forget the internet and smartphones, they are nothing without energy. People tend not really understand how vital energy is to the modern economy.

    When Reagan took office in the 80s, he simply imported more oil that helped turn around the economy but delayed the inevitable for only two more decades. Now, Obama cannot import out of high oil prices like the gov’t in the past.

    While the 70s was an energy death blow, the present energy crisis is more gradual and also more perpetual. It’s death by a 1000 cuts.

    You and others are really missing the bigger picture. All your spinning and misplaced blames about how bad the economy is like the 8.5% unemployment is being ignorant of the what the real root cause of the problems are and detracts from real solutions.

  13. Tom says:

    A summary of the larger problem on hand:

    “”The 1979 (or second) oil crisis in the United States occurred in the wake of the Iranian Revolution. Amid massive protests, the Shah of
    “”Iran, Mohammad Reza Pahlavi, fled his country in early 1979 and the Ayatollah Khomeini soon became the new leader of Iran. Protests severely disrupted the Iranian oil sector, with production being greatly curtailed and exports suspended. When oil exports were later resumed under the new regime, they were inconsistent and at a lower volume, which pushed prices up. Saudi Arabia and other OPEC nations, under the presidency of Dr. Mana Alotaiba increased production to offset the decline, and the overall loss in production was about 4 percent.[2] However, a widespread panic resulted, added to by the decision of U.S. President Jimmy Carter to order the cessation of Iranian imports,[3] driving the price far higher than would be expected under normal circumstances. In April of the same year, President Carter began a phased deregulation of oil prices. At the time, the average price of crude oil was $15.85 per barrel (42 US gallons (160 L)). Deregulating domestic oil price controls allowed U.S. oil output to rise sharply from the Prudhoe Bay fields, although oil imports fell sharply. Long lines once again appeared at gas stations and convenience stores, just as they did in 1973.[4]
    In 1980, following the outbreak of the Iran–Iraq War, oil production in Iran nearly stopped, and Iraq’s oil production was severely cut as well.
    After 1980, oil prices began a 20-year decline down to a 60 percent price drop in the 1990s. Oil exporters such as Mexico, Nigeria, and Venezuela expanded production ; USSR became the first world producer, and North Sea and Alaskan oil flooded onto the market.

    From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008.[1] Commentators attributed these price increases to many factors, including the falling value of the U.S. dollar, reports from the United States Department of Energy and others showing a decline in petroleum reserves[2][3] worries over peak oil,[4] Middle East tension, and oil price speculation.[5]
    For a time, geo-political events and natural disasters indirectly related to the global oil market had strong short-term effects on oil prices, such as North Korean missile tests,[6] the 2006 conflict between Israel and Lebanon,[7] worries over Iranian nuclear plans in 2006,[8] Hurricane Katrina,[9][10] and various other factors.[11] By 2008, such pressures appeared to have an insignificant impact on oil prices given the onset of the global recession.[12] The recession caused demand for energy to shrink in late 2008, with oil prices falling from the July 2008 high of $147 to a December 2008 low of $32.[13] Oil prices stabilized by October 2009 and established a trading range between $60 and $80.””

    Possible causes

    World crude oil demand grew an average of 1.76% per year from 1994 to 2006, with a high of 3.4% in 2003–2004. World demand for oil is projected to increase 37% over 2006 levels by 2030, according to the 2007 U.S. Energy Information Administration’s (EIA) annual report.[20] In 2007, the EIA expected demand to reach an ultimate high of 118 million barrels per day (18.8×106 m3/d), from 2006′s 86 million barrels (13.7×106 m3), driven in large part by the transportationsector.[21][22] A 2008 report from the International Energy Agency (IEA) predicted that although drops in petroleum demand due to high prices have been observed in developed countries and are expected to continue, a 3.7 percent rise in demand by 2013 is predicted in developing countries. This is projected to cause a net rise in global petroleum demand during that period.[23]
    Transportation consumes the largest proportion of energy, and has seen the largest growth in demand in recent decades. This growth has largely come from new demand for personal-use vehicles powered by internal combustion engines.[24] This sector also has the highest consumption rates, accounting for approximately 55% of oil use worldwide as documented in the Hirsch report and 68.9% of the oil used in the United States in 2006.[25] Cars and trucks are predicted to cause almost 75% of the increase in oil consumption by India and China between 2001 and 2025.[26] In 2008, auto sales in China have been expected to grow by as much as 15–20 percent, resulting in part from economic growth rates of over 10 percent for 5 years in a row.[27]
    Demand growth is highest in the developing world,[28] but the United States is the world’s largest consumer of petroleum. Between 1995 and 2005, US consumption grew from 17.7 million barrels (2,810,000 m3) a day to 20.7 million barrels (3,290,000 m3) a day, a 3-million-barrel (480,000 m3) a day increase. China, by comparison, increased consumption from 3.4 million barrels (540,000 m3) a day to 7 million barrels (1,100,000 m3) a day, an increase of 3.6 million barrels (570,000 m3) a day, in the same time frame.[29] Per capita, annual consumption by people in the US is 24.85 barrels (3.951 m3),[30] 1.79 barrels (0.285 m3) in China,[31] and 0.79 barrels (0.126 m3) in India.[32]
    As countries develop, industry, rapid urbanization and higher living standards drive up energy use, most often of oil. Thriving economies such as China and India are quickly becoming large oil consumers.[33] China has seen oil consumption grow by 8% yearly since 2002, doubling from 1996–2006.[28]
    Although swift continued growth in China is often predicted, others predict that China’s export dominated economy will not continue such growth trends due to wage and price inflation and reduced demand from the US.[34] India’s oil imports are expected to more than triple from 2005 levels by 2020, rising to 5 million barrels per day (790×103 m3/d).[35]
    Another large factor on petroleum demand has been human population growth. Because world population grew faster than oil production, production per capita peaked in 1979 (preceded by a plateau during the period of 1973–1979).[36] The world’s population in 2030 is expected to be double that of 1980.[37]

  14. Tom says:

    AfricansforRomney

    http://en.wikipedia.org/wiki/File:Price_of_oil_(2003-2008).png

    http://en.wikipedia.org/wiki/File:Oil_Prices_1861_2007.svg

    http://en.wikipedia.org/wiki/File:Oil_price_chronology-june2007.gif

    Unless, the modern economy finds a cheaper energy commodity, it is going to stagnate for a long time!!!

    Mitt is not going to make much of difference if elected under these circumstances.

    If you look at the 2nd graph of oil prices between 1861 and 2007, you can see that the nominal price of oil spiked enormously in the 1970s by nearly 300% compared to the what it was consistently for 110 years before that.

    Then you see it really taking off into the Bush-Obama era.
    I’m not blaming Bush for this mind you, but I am blaming him for the other things.

    That shows a trend that is going to keep going.

    Also in the second graph you can see that real prices (2008 dollars) jumped in the 1970s then dropped steeply in time for the 1980s. That was what was really behind the dramatic Reagan turnaround.

    “”After 1980, oil prices began a 20-year decline down to a 60 percent price drop in the 1990s. Oil exporters such as Mexico, Nigeria, and Venezuela expanded production ; USSR became the first world producer, and North Sea and Alaskan oil flooded onto the market.””

    As you can see there was a dramatic turnaround after 1980 which helped lead to a more “dramatic” economic recovery after Reagan took office. It wasn’t so much attributed to him as the affordability of the “juice” to the economy.

    However, I do blame Reagan for scrubbing the alternative energy problem in the 1980s. I know it is speculation, but I believe R&D could have made breakthroughs in renewable energies. Admittedly, I know they don’t have the base power to keep society going 24/7, but we would never know if better storage technology would have been developed since he cancelled the program. After all, the Manhattan Project was a much more difficult task and that led to nuclear power. So why can’t gov’t do it again at that time and head off any future energy crisis when private industry didn’t have the profit motivation to do so?

    Obama does not have it that easy now. And neither would Romney if he is POTUS.

  15. Tom says:

    >>Now, i’m suspecting that you’re living in delusional world. Of course, it is Prez Obama’s fault for failed economy policies that he’s implementing from far end of the left. He’s a leader of the free world. He got hired in ’08 to fix the problem not to whine and complain. Obama has ZERO accomplishment records in the last 3+ years so, the only option left for him is complain, cry, whaaa, whaaaaaa.
    Obama cannot campaign for one freak’n policy that help to move the economy forward. NONE. Obama is taking us BACKWARD.

    Obama=Desperate=Divider= A Failed Leadear!

    p.s Tom, please, no more cut & paste your online propaganda.<<

    Words of a true ignoramous? It seems clear that people like you are clearly backwards.

    LOOK AT THE FACTS AND USE SOME RATIONALE. But that's hoping too much considering you have proven you don't have any.

  16. Cathy says:

    Hey Tom,

    Your tenacity and passion are evident, but your wasting it all on the wrong guy. Obama is not a leader and has brought the country into turmoil and decline. Obama has had plenty of time to make improvements, but he chooses not to. So, instead of listing a boatload of rationalization and living in the world of liberal denial, come on over to champion for a real leader with real hope and change. Mitt has the plan, has the experience, has the passion, has the will to lead us all, even you, to better days.

  17. AfricansforRomney says:

    Tom,
    You’re defending the defenseless FAILED Prez. I don’t think Obama agrees with you. Obama has been doing sooooo bad in his presidency and he’s not even talking about his records anymore. His only excuse is W Bush. Blame, blame and blame…

    I wish my english is good debating with you, unfortunately i don’t have enough words to express my true feelings of the current situation we are in :-) I’m not dismissing some of your argument, you’ve some point regarding the fianancial industry. There’s a must read book called “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown is a 2010 book written by economist Simon Johnson and historian James Kwak”. (i do have extra copy, i can send you :-). Instead of cut & paste bloomberg business, reading the hard copy will be helpful to you.

    I don’t vote Demos for Prez. NEVER. But, all Demos presidents are not equal. Clinton besides making a bubble economy and raising taxes, he has done very good things in the help of Gingrich and majority congress. Reforming the welfare system, balancing the budget was his best accomplishment. At least, Clinton was not a war monger like Obama. At least he was a leader for all parties.

    What is the incompetent Prez Obama doing? King Obama the lawless Prez retracts Clinton welfare reform system. You may not know it, but Obama is a party leadar, a far, far left libral leader, he’s not serving the people interest at all. What’s Obama economic recovery plan, balancing the budget is just raising taxes for 5% of rich Americans. kekekeke You tell me, 40% of the population don’t pay federal taxes, the middle class is the back bone of this economy so, are you telling me 5% of rich people taxes will help our depression?? Unless, his math skill is backward like his economic plan, it doesn’t make sense. Just raising the rich people taxes don’t give us a solution.

    Obama is a green party Prez , he don’t care about the high gas price? Obama & libs wants everybody to live in the city b/c the inner city bums need help. It is not “fair” for you to live in the suburb and live a quite life. Did you notice how your local taxes have been restructured these days under the cover of “fairness”.

    You’ll see an exodus in Nov 6! votes, lots of votes for Gov Romney! Obama will be chick-fill-A’d :-)

  18. AfricansforRomney says:

    oops, i meant to say defending the undefendable.

  19. Tom says:

    AfricansforRomney

    >>You’re defending the defenseless FAILED Prez. I don’t think Obama agrees with you. Obama has been doing sooooo bad in his presidency and he’s not even talking about his records anymore. His only excuse is W Bush. Blame, blame and blame…><>You tell me, 40% of the population don’t pay federal taxes, the middle class is the back bone of this economy so, are you telling me 5% of rich people taxes will help our depression?? Unless, his math skill is backward like his economic plan, it doesn’t make sense. Just raising the rich people taxes don’t give us a solution.<>40% of the population don’t pay federal taxes, the middle class is the back bone of this economy. What’s Obama economic recovery plan, balancing the budget is just raising taxes for 5% of rich Americans.<>I don’t vote Demos for Prez. NEVER. But, all Demos presidents are not equal. Clinton besides making a bubble economy and raising taxes, he has done very good things in the help of Gingrich and majority congress. Reforming the welfare system, balancing the budget was his best accomplishment. ><>At least, Clinton was not a war monger like Obama. At least he was a leader for all parties. ><>Obama is a green party Prez , he don’t care about the high gas price? Obama & libs wants everybody to live in the city b/c the inner city bums need help. It is not “fair” for you to live in the suburb and live a quite life. Did you notice how your local taxes have been restructured these days under the cover of “fairness”. <<

    And where did get his idea? Please show me evidence, which you have not done at all. And you actually thinkthe high oil and gas prices started with Obama??? Try going back to the 1970s and the beginning of this century.

    You have been wrong on almost everything you have said. You have no idea what you are talking about.

  20. Tom says:

    AfricansforRomney

    >>You’re defending the defenseless FAILED Prez. I don’t think Obama agrees with you. Obama has been doing sooooo bad in his presidency and he’s not even talking about his records anymore. His only excuse is W Bush. Blame, blame and blame…><<

    And for reasons that I mentioned that you never answered. Do actually think when the new guy comes in everything starts over?

    OK, Question: Did the wars in Iraq and Afghanistan in Bush started and/or screwed continue after Obama took office? Also, did Bush tax cuts extend into the Obama presidency for 3-4 years? Before you say "blame" again, please answer these questions first !!!!

  21. Tom says:

    AfricansforRomney

    >>You tell me, 40% of the population don’t pay federal taxes, the middle class is the back bone of this economy so, are you telling me 5% of rich people taxes will help our depression?? Unless, his math skill is backward like his economic plan, it doesn’t make sense. Just raising the rich people taxes don’t give us a solution.<>40% of the population don’t pay federal taxes, the middle class is the back bone of this economy. What’s Obama economic recovery plan, balancing the budget is just raising taxes for 5% of rich Americans.<<

    5% is disputable. And no, but it is start. Many people are below the poverty level. That's why they can't pay taxes. Many of them ended up there because of the mostly GOP-backed financial crisis in 2008 with the sub-prime mortgage scams and lost of savings to due to Glass-Steagall and other agencies and laws not protecting them in which the Republicans got rid of or underminded!!!
    Why don't ask Phil Gramm?

  22. Tom says:

    AfricansforRomney

    >>40% of the population don’t pay federal taxes, the middle class is the back bone of this economy. What’s Obama economic recovery plan, balancing the budget is just raising taxes for 5% of rich Americans.<>I don’t vote Demos for Prez. NEVER. But, all Demos presidents are not equal. Clinton besides making a bubble economy and raising taxes, he has done very good things in the help of Gingrich and majority congress. Reforming the welfare system, balancing the budget was his best accomplishment. ><>At least, Clinton was not a war monger like Obama. At least he was a leader for all parties. ><>Obama is a green party Prez , he don’t care about the high gas price? Obama & libs wants everybody to live in the city b/c the inner city bums need help. It is not “fair” for you to live in the suburb and live a quite life. Did you notice how your local taxes have been restructured these days under the cover of “fairness”. <<

    And where did get his idea? Please show me evidence, which you have not done at all. And you actually thinkthe high oil and gas prices started with Obama??? Try going back to the 1970s and the beginning of this century.

    You have been wrong on almost everything you have said. You have no idea what you are talking about.

  23. Tom says:

    AfricansforRomney

    >>40% of the population don’t pay federal taxes, the middle class is the back bone of this economy. What’s Obama economic recovery plan, balancing the budget is just raising taxes for 5% of rich Americans.<<

    5% is disputable. And no, but it is start. Many people are below the poverty level. That's why they can't pay taxes. Many of them ended up there because of the mostly GOP-backed financial crisis in 2008 with the sub-prime mortgage scams and lost of savings to due to Glass-Steagall and other agencies and laws not protecting them in which the Republicans got rid of or underminded!!!
    Why don't ask Phil Gramm?

  24. Tom says:

    AfricansforRomney

    >>I don’t vote Demos for Prez. NEVER. But, all Demos presidents are not equal. Clinton besides making a bubble economy and raising taxes, he has done very good things in the help of Gingrich and majority congress. Reforming the welfare system, balancing the budget was his best accomplishment. ><<

    Bubble? What bubble in the 1990s? Please give me a example. Because as I recall the 90s were the longest (and balanced) economic growth in American history. As I recall, the bubbles happened in 2001 (dotcom) and 2008. Furthermore, the House Republicans hated Clinton's guts. They tried to impeach him. REMEMBER??? It was the Senate Republicans that he had good relations with who saved him from impeachment. They cooperated well, including him signing the now-dreaded Gramm-Leach-Billings Act in 1999 which repealed the Glass-Steagall Act of 1934 which led to the 2008 financial crisis less than 10 years later , largely causing the crisis today.

  25. Tom says:

    AfricansforRomney

    >>At least, Clinton was not a war monger like Obama. At least he was a leader for all parties. ><>Obama is a green party Prez , he don’t care about the high gas price? Obama & libs wants everybody to live in the city b/c the inner city bums need help. It is not “fair” for you to live in the suburb and live a quite life. Did you notice how your local taxes have been restructured these days under the cover of “fairness”. <<

    And where did get his idea? Please show me evidence, which you have not done at all. And you actually thinkthe high oil and gas prices started with Obama??? Try going back to the 1970s and the beginning of this century.

    You have been wrong on almost everything you have said. You have no idea what you are talking about. Obama took over a sinking ship from and he is still trying to plug the holes!!! Anyone, except ignorant politically fanatical people like yourself, can see that.

  26. AfricansforRomney says:

    Tom,
    Bubba’s bubble ecomomy believed to be started in 1997. The year 2000 you mentioned above is the bubble burst period.Okay.
    Of course i pay more for gas under Obama than Bush 2.20 vs 3.79 (in a cheap day). At least, W Bush used to drag the saudi king talked to him. I don’t see any effort under Obama to bring the price down. Obama thinks that as long as the gas price is high, we consume less.

    Regarding gas prices, of course Obama cannot control. Some suggest that limiting speculation, banning WS from oil markets. Don’t know the answer for that. One thing i know is that if the pepole wages are not stagnant, if we’ve a healthy economy, we may not feel as much we feel now for putting high gas price in the car .

    Yes, electing Gov Romney for POTUS make a huge difference. He may not change quickly Obama’s 4 years misery however, when the market, investors, small, big business owners feels optimistic about the economy ,more jobs will be created, business trust Gov Romney a proven business leader, so, the economy will recover along with other economic majors such as cutting taxes, shrinking fed govt….

    com’n you can do better than using wikepedia as a reference.

  27. Tom says:

    AfricansforRomney

    >>Bubba’s bubble ecomomy believed to be started in 1997. The year 2000 you mentioned above is the bubble burst period. Okay<Of course i pay more for gas under Obama than Bush 2.20 vs 3.79 (in a cheap day). At least, W Bush used to drag the saudi king talked to him. I don’t see any effort under Obama to bring the price down.<>Obama thinks that as long as the gas price is high, we consume less<>Regarding gas prices, of course Obama cannot control. Some suggest that limiting speculation, banning WS from oil markets. Don’t know the answer for that. One thing i know is that if the pepole wages are not stagnant, if we’ve a healthy economy, we may not feel as much we feel now for putting high gas price in the car .<>Yes, electing Gov Romney for POTUS make a huge difference.<>He may not change quickly Obama’s 4 years misery <>however, when the market, investors, small, big business owners feels optimistic about the economy ,more jobs will be created, business trust Gov Romney a proven business leader, so, the economy will recover along with other economic majors such as cutting taxes, shrinking fed govt…. <<

    The market, investors, small, big business owners feels optimistic about the economy ,more jobs will be createdIF there is cheap energy commodity. The days of cheap oil is gone forever. Oil prices is on a permanently high plateau. If problem is not solved there won't be much of anything and Romney is not going make a difference in the economy if elected any more than people who came before him and after him.

  28. Tom says:

    AfricansforRomney

    >>Bubba’s bubble ecomomy believed to be started in 1997. The year 2000 you mentioned above is the bubble burst period. Okay.<><Of course i pay more for gas under Obama than Bush 2.20 vs 3.79 (in a cheap day).<<

    Doesn't matter. They are all bad. Oil prices are on a permanently high plateau. The economy cannot move with cheap oil.

    At least, W Bush used to drag the saudi king talked to him. I don’t see any effort under Obama to bring the price down. Obama thinks that as long as the gas price is high, we consume less.<<

  29. Tom says:

    AfricansforRomney

    >>Obama thinks that as long as the gas price is high, we consume less<<

    I don't know if he thinks that, but it's true. That is basic economics 101 of supply and demand. If people consume less oil because it is too expensive and prices go down. The problem is that if people use less oil, the economy stagnates. Since the 1990s, oil prices jumped from $20 a barrel to over $140 a barrel in less than 10 years. Prices have flucuated wildly in this range, stagnating the economy. That usually means wages are stale but at the same time the high price of oil pushes the cost of living up.

    Something similar happened in the 1970s. There was STAGFLATION (inflation + economic stagnation). Now, it was very rare for the two conditions to occur at the same time. Usually, in the past, inflation occurred only when there is dynamic economic growth. Economic stagnation caused deflation. But then in the 1970s, high oil prices increased the cost of living and at the same time froze or lowered wages and worse, unemployment, all due to high commodity energy costs.

  30. Tom says:

    AfricansforRomney

    >>Bubba’s bubble ecomomy believed to be started in 1997. The year 2000 you mentioned above is the bubble burst period. Okay.<

    That wasn't a bubble. That was the end of a economic cycle. All cycles come to an end. But the one in the 90s was the longest in history.

  31. Tom says:

    AfricansforRomney

    >>if we’ve a healthy economy, we may not feel as much we feel now for putting high gas price in the car .<<

    You still don't understand. You can't have a healthy modern economy when the price of energy commodity is at unaccpetable levels as we've seen now for the last ten years and in the 1970s. When you have energy prices going 300% or more nominally and 500% or more in real prices, it is not possible to have a sustainable growing economy. It will become stagnant at best. You're going to have stagnant wages, high unemployment, and high cost of living.

  32. Tom says:

    AfricansforRomney

    >>Yes, electing Gov Romney for POTUS make a huge difference<<

    Not if he doesn't have a viable energy plan. And he will be fixing Bush's mess if he is elected.

    The market, investors, small, big business owners feels optimistic about the economy ,more jobs will be created IF there is cheap energy commodity. The days of cheap oil is gone forever. Oil prices is on a permanently high plateau. If problem is not solved there won't be much of anything and Romney is not going make a difference in the economy if elected any more than people who came before him and after him.

  33. Tom says:

    AfricansforRomney

    >>Of course i pay more for gas under Obama than Bush 2.20 vs 3.79 (in a cheap day).<<

    Doesn't matter. They are all bad. Oil prices are on a permanently high plateau. The economy cannot move without cheap energy like oil.

  34. Tom says:

    >>At least, W Bush used to drag the saudi king talked to him. I don’t see any effort under Obama to bring the price down<<

    The world has changed. The U.S. gradually have had less control over energy over the last 50 years or so. In the 19th and the first half of 20th century, the United States used be one of the biggest net exporters of oil in the world up to the 1960s. The 1970s was when it reached its peak in domestic oil production. Now, it is one of the net oil importers. It won't make a difference what anyone does in Saudi Arabia. With dwindling world supplies and increased demand, much of from developing countries. And it getting harder to extract that oil. 100 years ago, it used to cost a barrel of oil to get 100 barrels in the United States. In Saudi Arabia now, it takes 1 barrel to extract 20 barrels.
    In the Canadian oil sands tar fields, it takes one to extract 4-5 barrels. Oil prices have soared for the last 10 years or so because of all this.

    It's just simply supply and demand.

  35. Tom says:

    >>so, the economy will recover along with other economic majors such as cutting taxes, shrinking fed govt…. <<

    I don't know where to start with all this. First, Mitt created a health care system when he was gov. of Massachusetts which Obamacare is based on. I think that is small gov't. I think he is closet moderate.

  36. Tom says:

    AfricansforRomney

    >>so, the economy will recover along with other economic majors such as cutting taxes, shrinking fed govt…. <<

    Second, the idea that lower taxes is always an engine for growth is a myth. Tax rates were higher in the 1950s and 60s and even the 1990s. The 50s and 60s saw the largest expanision of the U.S. economy in history with largest expanision of the middle class. The 90s saw the longest economic consecutive growth in history.

    Reagan signed bills that raised taxes 6 of the 8 years he was in office, including one of the largest tax hikes in American history in 1982. It is a myth that he implemented lower taxes. The reagan policy of lower taxes wasn't perfectly implemented until the Bush years with the conservative GOP controlling the White House and both houses of Congress for the first time in living memory. That help create the worst recession since the 1930s and along with increased expenditures created the worst fiscal crisis perhaps since the 1790s.

    Look at the aftermath of WWII and the 1950s. There were high taxes under Eisnehower who was tight-fisted fiscal conservative. There were much expenditures. There was heavy education funding like the G.I. Bill that sent millions of veterens to college and helped create a skilled labor force for the economy. There were billions of dollars worth of war bonds from WWII that had to be paid back with interests which also helped American families. There was the National Highway System, perhaps the biggest man-made project in history. Much of those freeways and highways you drive on now were built back then. And there was plenty of oil to keep gas prices down which is why they built the highways in the first place. So much so in fact that the U.S. was major oil exporter. Jumbo jets and autos replaced trains as main mode of long-range transportation. Support for Fannie Mae and Freddie Mac for the new suburbs.

    This was "taxing and spending" with a vengence.

  37. Tom says:

    AfricansforRomney

    The point of all this is that we don’t need less gov’t and less taxation. We need more. All this prosperity in the 1950s and 60s came at a heavy price 10-15 short years later in the 1970s when oil shock occurred from too much consumption of energy. The U.S. hit its peak in domesstic oil production and gradually after became the largest net importer of oil.

    Since energy is key to a healthy economy and lower supply and increased demand is making price radically unstable and keeping the economy stagnant, government has to step in with a major energy initiative in the size of the National Highway System. R&D in alternative energies and implementing a largely alternative energy infrastructure could take decades. This was something that should have been done in the 1970s and 80s, but Reagan disbanded the program!!!!

    This will lower the cost of energy signifcantly for the economy to grow again. Petroleum of course would still vital in the economy for polymer materials like clothes and plastics. After all, oil is not only used for gasoline. Half the materials you have in your home is made from polymer. But taking out petroleum as a fule source would lower demand greatly and thus lower oil prices to hopefully to 20th century price levels. All these would spark the economy.

    Now, gov’t and the country can’t do this while the fiscal conditions are horrible as it is. In the 50s, the gov’t had great revenue streams for all those “taxing and spending” projects that were investments into the economy. But because of conservative counterculture from the 1980s that you and others subscribe to, this is causing problems. And thanks mostly to perhaps the worst fiscal managment in the history of the U.S. gov’t during the Bush years and afterwards (the Bush tax cuts and the wars), it is going to take a long time to get the house in order to implement alternative energies. Unless, someone decides to make it worse by reviving Bush’s voodoo economics again. And in the meanwhile, the economy will continue to suffer stagnation from because of high primary energy commodity prices for a long time to come.

  38. Tom says:

    AfricansforRomney

    This is really big. Any major implementation of an energy system based on largely on alternative energies would be the biggest revolution to modern civilization since the Industrial Revolution.

    That is how much we need to get out of the mess we are in FOR THE LONG TERM!!! I’m talking to the end of the century and maybe to the next.

  39. Tom says:

    AfricansforRomney

    As for the more immediate problem aside from oil, we need more gov’t actually. the main culprit behind the 2001 dotcom bubble and the much bigger 2008 financial meltdown was the repeal of the 1934 Glass Steagall Act.

    In the 1920s, the United States became mostly an industrial country for the first time in history. It was the first time that the GNP was a result of mostly industrial output rather than agricultural. That is why the stock market skyrocketed. As with people, some of them saw this as an opportunity to exploit as much as possible. Brokerage houses owned by banks recommended and upgraded firms that were at times questionable but had business with the parent banks. There is serious conflicts-of-interests involved that helped drive stock prices even higher into a bubble. Sound familiar? Of course, you know what happened in Oct. 1929.

    After Congress investigated and found highly questionable practices with the banks and the brokerages they own. The Banking Act of 1934 othewise known as Glass-Steagall was passed that separated banks from brokerages to prevent this from happening again.

    Financial firms have been fighting to repeal this law since and finally succeeded in 1999 with the Gramm-Leach-Billings Act. The same problems in the 1920s that Glass-Steagall was there to prevent happened again. It caused the 2001 dotcom collapse. And worst, it caused the 2008 bubble and the following collapse this time in the real estate market.

    Furthermore, the Securities and Exchange Commission (SEC) that was to monitor securites markets was ran on a skeleton crew during the that time headed by Chris Cox, a former Republican congressman who advocated free markets who took a hands-off approach to regulating and let many red flags go including Lehman Bros. and Bernie Madoff. So, you had the securities watchdog ran by people who didn’t believe in their jobs.

    Less government is not the answer and was not the reason why the financial system failed. It was the lack of gov’t that casued to fail. The MYTH that more gov’t is bad came from Reagan and other conservatives in the 1970s and 1980s who erroneously blamed too much gov’t like “taxing and spending” as the primary cause of stagflation in the 1970s when it was really the oil crunch that caused it.

  40. Tom says:

    AfricansforRomney CORRECTION

    >>Bubba’s bubble ecomomy believed to be started in 1997. The year 2000 you mentioned above is the bubble burst period. Okay.<Of course i pay more for gas under Obama than Bush 2.20 vs 3.79 (in a cheap day).<<

    Doesn't matter. They are all bad. Oil prices are on a permanently high plateau. The economy cannot move without cheap oil.

  41. AfricansforRomney says:

    Tom,
    How you’re competeing with China and other countries with clean energy? What’s your alternative energy solutions? wind?hehehe, biomass? this one is a big haha, solar power? how many pepole are driving solar power cars?Not much.
    Listen, i don’t mind listening the eco fascists clean energy, green, alternative energy talks, the problem is it is inconvenient, expensive. Just give me the freak’n incandescent bulb and i would be happy. I’m not ready to pay a $60 bulb for for future false security saving energy plan. What alternative energy offered me is that extra work changing frequently (those are not cheap either). Let them talk green which is a good start, but as a conusmer i’m not ready yet.
    Govt never been an answer. We can’t deny govt roles in every society however, govt must be LIMITED. Some of us who came from a govt controlled country understands well.
    Btw, Obama may be inspired by MA model, but it is evident after the supreme court decsion came out there are huge differences between the two. Gov Romney’s MA healthcare plan is in the state level, the people wanted it in his state. What Obama is doing is that forcing us to accept his big govt, taxing, punishing us if we don’t comply, invading our privacy, liberty.

    Gov Romney’s voting record can be all over the map in some issues in MA however, we’ve to give him a big credit getting elected as a republican, serving working with MA Demos. Actually, that alone is a unique qualification resume for Gov Romney for working with all sides. I support Gov Romney just b/c he stands with conservative prinicples, he’s willing to listen other views, he’s not a stubborn radical right wing.

    One Love for Gov Romney!!

  42. Tom says:

    AfricansforRomney

    I don’t know. China and the rest of developing world is not going to revert back to an agrarian economy. It’s a brave new world now.

    But whatever energy there is it has to be ambitious and it is going to be expensive. With the fiscal problems we’re having right now, I just don’t know. The candidates are suppose figure this out.

    But if Mitt is elected, the economy is not going anywhere if he does not have a solid energy plan!!!

    Let’s say he does become President. The economy grows whether its his doing or not. What do think will happen to oil prices in this day and age of high oil prices at a permanently high plateau??

    It’s going to up extremely. If the economy does grow substantially, prices will easily exceed $100. Even past $150. Do you the economy could sustain growth under those conditions? No, it can’t.

    And what do you think is going to happen to Mitt’s economic miracle? It’s going to falter. Oil will yo-yo up and down. When the economy grows, higher oil prices these days will bat it down. You’re going to have perpetual stagnation and if the shortage becomes more severe down the road, stagflation at worst!!!

    Personally, I think Obama doesn’t have his priorities straight. Although health care reform is important, energy is THEEEE ISSUE.

    If neither Obama or Mitt have a viable a viable energy plan, the economy will continue in a rut.

  43. Tom says:

    AfricansforRomney

    Those conservative ECONOMIC principles are an illusion based on empty platitudes for reasons I have described to you above.

    They became popular when Reagan falsely blamed the stagflation of the 1970s on liberal economic principles for the most part instead of the real problem of energy. This same kind of BS attitude is still hindering any real solutions today in which we are facing the same kind of situation.

    I am sorry, you people seriously need to wake up!!!