The coming zombie apocalypse
You could feel it in the air this weekend, the palpable aroma of a one-term presidency.
The coming zombie apocalypse

It was a dark and stormy time. Early cyclones brewed in the North Atlantic, and flesh-eating zombies strolled the streets, generating many headlines on the Drudge Report. And in a related matter, Willard Mitt Romney was elected the 45th president of the United States.
Put a fork in it for No. 44, Barack Obama. The horrific job numbers that came out on Friday, and the all but certain likelihood that all the job reports between now and November will be equally bad (thanks Europe) seems to have guaranteed a Romney (Zomney?) inauguration in January 2013, and an all-Republican Congress to boot.
And all that that implies -- more tax cuts for the rich, more program cuts for the poor, more ill-guided adventures overseas, wars on women and on voting rights, with outcomes sure to drive a nation that was the world's greatest powerhouse just a half-century ago closer to the eve of destruction.
You could feel it in the air this weekend, the palpable aroma of a one-term presidency. And the biggest mistake that Barack Obama has made these last three-and-a-half years was teeing it up for their looming era of exceptional American unexceptionalism, the real zombie apocalypse.
"Labor participation rate. Lowest in decades." Probably has nothing to do with the largest generation in the history of the US three-four years into retirement. But of course all good right wing analysis of the employment situation mentions this... Murrayman
Keep trying to spin it, Murray.
"EPI estimates only one-third of the drop in the national labor participation rate, which measures the share of working-age people who either have a job or are jobless but are actively seeking work, is related to baby-boomer retirements and other structural changes to the workforce."
http://thehill.com/blogs/on-the-money/economy/229259-study-boomer-retirements-dont-explain-jobless-figures RG
OMG! First the establishment media wants us to believe that Romney and Obama are in a photo-finish type race…telling the electorate the truth that polls are answered primarily by old, white, conservatives (normal people hang up on pollsters) could cause them to lose millions in campaign ad revenue. Never mind that the GOP has declared war on way over 50% of the electorate (women, Latinos, gays, people who believe in science, non-Christians – the list is long). Now, the reporter-I-used-to-respect, Will Bunch says Romney is going to win! You know something I don’t, Will? I know the R’s are purging the voter roles in Florida again. What else? Hamlet- Sarah89??? What a coincidence... that's the same year Sarah Palin nailed Glen Rice. sabu000
June could be a real humdinger for them if Walker wins tomorrow and SCOTUS declares the health care law unconstitutional. RG- Had enough of the Hope and Change RG?
Where is all the change the Republican House promised? I'm still waiting for Medicare part D to be repealed or have you changed your mind on unfunded mandates? The Fundamentals of the Economy are Fine
This is really scarey! Little Willy sounds like he is giving up and knows Obama can't do it. Whats is next? Will he endorse a Republican? Dutch-wayne
It has to be race, Obama's done everything the fascist brown shirts could have wanted...Mitt Romney????lol What a joke. ClarkU
"Keep trying to spin" -- Oh only 1/3? Wow that's an insignificant number... Now we live in a reality where 1/3 doesn't mean much. Wish someone would take away 1/3 of my mortgage debt. This of course won't stop right wing strumpets from suggesting EVERY percentage drop in LPR is due to discouragement. "Obama 2012: A Thingamajig in every pot." - this is pretty good. The funny thing is Romney is running (rather favorably) on having no plan -- other than an endorsement for the Ryan plan, which has to be done or the establishment will reject you outright. Any day now we'll see the results of analysis showing tax cuts stop everyone from deleveraging at the same time. My hope is that regardless, nothing will get done. Murrayman
Comment removed.
"EVERY percentage drop in LPR is due to discouragement."
Nope, just two thirds of it. And since you find one third to be a significant number, then two thirds would logically be twice as significant. RG
Don't worry, RG, I'm sure once we really start to ramp up spending cuts and taxes are slashed (mainly for corporations) these discouraged workers will jump back in wholeheartedly, and you don't have to trouble yourself anymore about the LPR -- what a joke. Of course forget that demand signals are still weak -- once these corporations can earn a greater percentage on every good sold -- not accounting for the fact they are still sitting on the shelves -- its the promise of receiving a greater percentage of the selling price that will induce firms to hire workers to build products people won't purchase. Murrayman
"I'm sure once we really start to ramp up spending cuts"
We could continue to spend above revenues like the last 30+ years. A third of a century of stimulus, yet all we got is this stupid national debt.
"and taxes are slashed (mainly for corporations)"
We do have the highest corporate tax rate amongst developed nations.
RG
"A third of a century of stimulus, yet all we got is this stupid national debt." -- mainly in the form of tax cuts. Slash rates -- growth -- deficits. "We do have the highest corporate tax rates" -- you couldn't be more wrong. You are totally susceptible to suggestion by the right wing talking heads (cue that one link to a right wing site justifying the myth). Any moment now RG will be posting a link to his vaunted peer-reviewed analysis showing that although the stimulus may have bumped up GDP, the resulting gap between the additional tax revenue collected and the increase in the deficit would have been much smaller in the absence of the stimulus. Murrayman
Notice how when mentioning Romney's experience only his Murders & Executions experience is brought up (which presumes that running private firm equates to effective macro policy, ludicrous) but not his record in Massachusetts as Governor? Why do you suppose that is (beside the fact that the pundits they mindlessly listen to and believe don't bring it up)? Why would they not think to mention Romney's record in public office? Hmmm... Murrayman
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