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Hilary’s Pennsylvania Problem

by coldwarrior ( 62 Comments › )
Filed under Economy, Elections 2016, Open thread at June 27th, 2016 - 6:00 am

I want yinz to go and read this article from beginning to end. It is VERY important that you get a feel for what is happening in PA. Go ahead, read. We’ll wait…

OK, yinz is back, now lets get to it.

I am watching even the staunchest of old-school Truman/Kennedy Democrats bad-mouth Hilary and state unequivocally that they will vote for Trump in November. I was born in that town in the article and still have lots of family there. It is as staunch old-line Democrat as you can get. Its populated by tough, hard-working folks from the mills and the mines. The article outlines the revolution that is occurring in Cambria County, a revolution that I NEVER EVER thought I would witness EVER.

What is happening in Cambria Country is happening all over the State, I am seeing it with my own eyes and hearing it with my own ears in real time. The old-school Democrats are dumping Hilary and will vote for Trump. I have never seen anything like this. There is a seismic shift occurring in PA that will overturn the old political order of things. I can say this, Hilary is in big trouble here.

 

From another article, please go and read this as well:

Western Pennsylvania is driving the state’s rightward drift — its voting patterns now resemble greater Appalachia’s more than those of the Philadelphia suburbs. Once dominated by steel towns and union Democrats, the region has reveled in a fracking/natural gas boom that has more recently experienced a downturn and has revolted against EPA regulations. Obama’s infamous “bitter clingers” remark in 2008 didn’t do Democrats any favors either.

It’s true that Philadelphia and its well-educated, white-collar suburbs are trending blue. In 1992, Bill Clinton took 59 percent of the vote in the eight counties that make up the Philadelphia media market; in 2012, Obama took 63 percent. But the rest of the state accounted for 58 percent of all votes in 2012 and is trending red even faster. In 1992, Clinton took 53 percent outside of the Philadelphia media market. In 2012, Obama took just 45 percent.

This growing cultural distance between these two Pennsylvanias — some would say Philadelphia vs. “Pennsyltucky” — points to long-term problems for Democrats:

The End For Obmanomics.

by coldwarrior ( 63 Comments › )
Filed under Economy, Open thread at June 26th, 2016 - 8:40 am

Not even Daddy Warbucks can save this mess. Here comes the next crash just in time to blame it on the next President. Yinz know, we can’t blame the Black guy!

Well, it turns out Annie had it wrong. The sun won’t come out tomorrow.

That was basically the message from Federal Reserve chair Janet Yellen last week when she acknowledged the economy is doing more poorly (again) than previously hoped. The Fed admitted that sluggish growth that caps out at 2 percent is with us for as far as the eye can see, or at least through the next two years. Is this a declaration of the last rites for Obamanomics? It should be. Throw it in the dustbin of history alongside all the other failed liberal economic experiments.

Instead of speeding up to recover all this lost ground, we’re decelerating. Growth was 1.4 percent in the 4th quarter of 2015. It was 0.8 percent in the first quarter of this year. The Fed now has downgraded growth now to less than 2 percent for the rest of 2016 — down from an original forecast of 2.4 percent. Ms. Yellen now is telling us that the chances of an interest rate hike this year before the election are close to zero. That certainly worked out well for Hillary who needs a growing economy to have any chance of winning in November.

No one is more surprised by this turn of events than Mr. Obama himself. The Obama economists have consistently overestimated growth for seven years now to the tune of $2 trillion accumulated lost growth (see figure.) Alas, they were drinking their own Kool-Aid.

All of this comes atop the lousy jobs report, the finding that 95 million Americans over the age of 16 aren’t working, and that still 40 million are on food stamps. The business sector is in especially worrisome shape with industrial production down 1.4 percent over the past year, investment slumping, and corporate profits flat lined.

The lesson of the Fed under Ben Bernanke and now Yellen is that easy money is no economic solution to this decade-long malaise. As economist Larry Kudlow puts it: “The Fed can print money, but it can’t create jobs.” Our central problem now is not with our monetary policies. It is severe regulatory and tax drag.

When I recently attended a meeting of the Trump Leadership Council in New York with dozens of industry leaders and CEOs, I was surprised to hear story after story of these major employers of how Washington regulations and mandates are suffocating their businesses. Their message to Donald Trump: “Please get government off of our back.”

All of this brings me to the Republicans. Why are they stone silent on the economy and jobs, and why are they beating up Mr. Trump rather than Hillary and Mr. Obama for their economic malpractice. Every poll over the last three years finds the economy and jobs are by far the biggest voter concern. In 2007 and 2008 when the role of the parties were reversed, House Speaker Nancy Pelosi sent a blizzard of legislation to the desk of George W. Bush which he either had to veto or put his tail through his legs and sign into law.

Where is the Republican tax cut? Where is the Republican regulatory freeze? Where is the Republican bill suspending the 50-worker rule under Obamacare or the 30-hour-a-week regulation that has forced millions of Americans into part-time jobs. Why haven’t they suspended the Clean Power Plant rules by the EPA that are putting coal miners out of work? House Speaker Paul Ryan has some wonderful policy ideas he is rolling out, but rather than talking about them, how about passing them?

Hillary’s growth agenda is to give America more of the same. Congressional Republicans seem to have no economic agenda at all — just white papers of what they will do in the future. But to quote George Allen, “The future is now.” Congressional Republicans like to blame Mr. Trump for their precarious political predicament and lousy poll numbers. Maybe they should look in the mirror.

#Caturday, June 25, 2016: Her cats wanted outdoor time but it wasn’t safe…

by 1389AD ( 64 Comments › )
Filed under Caturday, Open thread at June 25th, 2016 - 1:52 am

H/T: CzechRebel

Check out this genius solution!

It’s a dangerous world out there, and generally speaking cats are best kept indoors for their own safety. Still, most of us with indoor-only kitties have seen them staring longingly out the windows. One dedicated cat-mom came up with this utterly brilliant solution–a way to keep her kitties safe from bears and speeding cars while still allowing them to enjoy all the sights and sounds of nature. Check it out below. We guarantee you’ll be as impressed as we were!

On YouTube: WBBH 6-28-13 Empty Meow Corral

Published on Jul 18, 2013 by K9Lefty

On YouTube: Breaky at the Empty Meow Corral

Published on Sep 11, 2015 by Jaqsgurl
The cats getting ready for breakfast.

Also see:

 

EU Just Went Jenga.

by coldwarrior ( 136 Comments › )
Filed under Economy, Elections 2016, Europe, Open thread, UK at June 24th, 2016 - 12:23 am

UK is out!

 

the pound

 

And as in the game of Jenga, pieces will be removed and the eventual collapse of this unnatural EU will occur.

 

VIVA NATIONS!

 

But, all hell will break out in the markets

 

 


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