Will economy stagnate for years?

I see the media is already pre-apologizing for Obama's failure to fix the economy.
The Tribune has gone from a fairly objective, center-right paper to nothing more than a shameless propaganda rag for Obama. Over the past few months almost every section of the Trib- Food, Sports, Business, Travel, Fashion, contained some superfluous puff piece regarding Obama. I’m surprised the Obituary Editor did not run a month long tribute to Obama’s recently deceased grandmother. John Kass is the only reason I have not cancelled my subscription. Just get it over with and change your name to the Chicagobama Tribune.
The Swamp posts are populated by the same dozen or so hard core Democrat cheerleaders and Obamapologists. All of Obama’s unfulfilled promises and failures will be explained away by the media sycophants. I don’t love Bush or the Republican Party so I don’t want to hear the Chicagobama Tribune’s moral relativism arguments or schoolyard name calling of Bush.
Obama’s universal excuse card is printed on both sides- Side A- “It is all George Bush’s fault and the mess created by the Republicans.” Side B- “It is all racism. All critics of Obama are racists and Obama’s failures were the result of a vast right wing racist conspiracy”.
You Obama fans will be saying that for the next four years.

"I see the media is already pre-apologizing for Obama's failure to fix the economy".

"You Obama fans will be saying that for the next four years".

Posted by: St. Elutherius of Nicomedia | January 19, 2009 11:46 AM

and I see you are already declaring it a failure when the man hasn't even been sworn in. How childish. Coming from someone on the right who has blamed Clinton for years for everything from bad weather to the most ridiculous claim of those minorities causing the housing crisis. What a joke the right has become.

Hey Nicodemus, did you read the article? There was no mention of Obama in it whatsoever. I know you pugs tend to hallucinate more than you should, and conspiracty theories abound. I also don't think you grasp the article and the depth of mess that Bush has made with our economy. I'll say a few prayers for you.

Who cares about the history of the Japanese "golden recession"...we need more stories about Obama, there aren't enough of them.

Paulo

"Obama’s universal excuse card is printed on both sides- Side A- “It is all George Bush’s fault and the mess created by the Republicans.”

And why not. Every day we see posts blaming Clinton and even Jimmy Carter for all of W's failures; oh blame the meida for it all as well.

Or you could be realistic and accept we have a lousy economy which can't be fixed in a day by anybody. Why put your worst partisan spin on everything?

The economy will stagnate for years if the labor organization lobby is allowed to bully Congress into increasing its market share of worker dues and political contributions without the individual protection of secret ballot elections. Those emboldened unions would force these additional costs onto employers through increased wage rates, with no improvement in the workers' condition, which will reduce the number of workers these employers could hire. Since employers will not be able to afford wage increases, real wages (after union dues and political contributions) will not rise and take-home pay may actually fall. In other words, the Employee-Free Choice Act will damage the economy and destroy legitimate worker choice about unionization.

Financial Historian, Niall Ferguson (The Ascent of Money) has suggested we should be so lucky, if that's the worst that comes of it. Scary times, indeed.

Meanwhile, the only contribution the sore loosers and perpetual whiners on the Right can offer is the stale "media bias" refrain. Progressives are the ones that should be furious, Dubya's Neocon bunch left the country in ruins. Bruce and the rest of the Bush worshipping boobs owe us an apology for foisting off on us the worst U.S. President ever.

Hold on just a minute before we attack the lefty MSM and the bloodhounds of the Swamp. Summary of some recent media articles; "Worldwide ardor for Obama cools", "the left disenfranchised by Obama's centralist positions", "yes we can" becoming "maybe not, hard to say". Geez, hope he makes it to the inauguration and has a chance to govern before the Obama-mania bubble bursts! However, there appears to be a lot of hedging and caveats to all these proposals and policies. I suppose that is just lawyer speak.

Yes-Unless the unions sacrifice for starters-

These pathetic Republican sad masters forget that George Bush inherited a budget surplus from Bill Clinton. He also inherited a healthy economy experiencing growth. I wonder if the Bush thumpers can enlighten us about the record foreclosures in parts of the U.S. or if they could tell us how many people have lost their jobs during the last 12 months alone. I'm waiting for someone to blame Bill Clinton for the U.S. Airways jet that crashed into the Hudson River.

Yes, the Unions and workers must sacrifice. All lower and middle class people MUST start making less, for the good of the rich. CEOs are suffering. Hear their cries. Sacrifice your future and your children's future so that the CEOs and their families can have a brighter day. We must continue the trend of the middle and lower classes making less, and the rich making ever more. You owe it to the rich. The fact that your average CEO makes only 364 times the pay of the average worker is a national disgrace. Worker greed must be curbed until we get that ration to 1000 or more. Workers sacrifice so that your betters may prosper.

The Employee-Free Choice Act sacrifices employee unionization voting rights (except those of their supporters) for more union dues and political contributions from employee pay. The rhetorical device of equating labor organizations and their special interest lobby with workers and their interests is not valid in the 21st century. That is why only 7 percent of private-sector workers (the % of public employees is higher because politicians like Blago sold them to unions like SEIU for campaign cash, etc.) choose unions in secret-ballot elections - where neither their employer nor union nor fellow workers can see how they vote.