U.S. Senate
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(D) J. Hickenlooper*
(R) Somebody
80%
20%
Governor
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(D) Phil Weiser
(D) Joe Neguse
(D) Jena Griswold
60%
60%
40%↓
Att. General
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(D) M. Dougherty
(D) Alexis King
(D) Brian Mason
40%
40%
30%
Sec. of State
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(D) A. Gonzalez
(D) George Stern
(R) Sheri Davis
50%↑
40%
30%
State Treasurer
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(D) Brianna Titone
(R) Kevin Grantham
(D) Jerry DiTullio
60%
30%
20%
CO-01 (Denver)
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(D) Diana DeGette*
(R) Somebody
90%
2%
CO-02 (Boulder-ish)
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(D) Joe Neguse*
(R) Somebody
90%
2%
CO-03 (West & Southern CO)
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(R) Jeff Hurd*
(D) Somebody
80%
40%
CO-04 (Northeast-ish Colorado)
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(R) Lauren Boebert*
(D) Somebody
90%
10%
CO-05 (Colorado Springs)
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(R) Jeff Crank*
(D) Somebody
80%
20%
CO-06 (Aurora)
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(D) Jason Crow*
(R) Somebody
90%
10%
CO-07 (Jefferson County)
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(D) B. Pettersen*
(R) Somebody
90%
10%
CO-08 (Northern Colo.)
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(R) Gabe Evans*
(D) Yadira Caraveo
(D) Joe Salazar
50%
40%
40%
State Senate Majority
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DEMOCRATS
REPUBLICANS
80%
20%
State House Majority
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DEMOCRATS
REPUBLICANS
95%
5%
October 15, 2008 03:08 AM UTC
24 Comments
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From CBS/New York Times, Poll: Obama Opens 14-Point Lead On McCain
So what’s should McCain’s campaign do? Set Sarah Free and attack Obama with lies! HAhAhaHA
It’s the economy, stupid!
So the economy was in good shape under Carter according to your graphs?
I can ground truth that for you as a survivor:
-My mortgage interest rate was over 18 percent
-Inflation was over 18 percent
-A three month CD (which served as my savings account) was around 14 percent
So I’m supposed to be impressed by a 6.9% increase in the S & P when that was one third of inflation, and less than half my savings account?!?
Jesus Christ David, I’m still laughing at this bullshit!
The economy was a mess due to the VietNam conflict and Nixon and his wage and price freeze. When that was halted the economy was screwed up as it tried to handle a post war recession along with prices and wages readjusting.
Carter inherited the mess. The same way Obama will inherit the disaster of economy resulting from the current administration. I do believe Obama will do a very good job of handling the problem, it will take his second term in office before America is back where it was at the end of Clinton’s administration.
……that Nixon inherited the poop that was Johnson’ efforts at having guns AND butter during the VN war.
That is why I show the Viet Nam conflict as a problem. Nixon was elected for saying he would end the war. He didn’t. But he did institute a failed economic plan of freezing the prices and wages . His thought was to contain inflation caused by the conflict. The wage and price freeze was not going to do that.
At best wage and price freezes delay the inevitable, at worst they wraught havoc once lifted. This one dumped on the nation a wild mess. Also, there was the 1973 oil embargo and the panic that ensued adding more to the mess. Ford and his “Whip Inflation Now” (Do you still have your WIN button?) did not help matters.
Inflation at the time was accelerating, with nobody wanting to put in place the hard cure. It was up to Carter and he took one of the few hard stances of his presidency and installed an inflation fighter in to the Fed. It worked but caused hardship resulting in his defeart and the election of the Reagon era of debt.
out of control government growth and ineefective, even destructive social programs fro Lyndon Johnson. The Vietnam War financial costs were trivial compared to all of the programs designed to pay people not to work. We are about to relive that nightmare over the next couple of decades, and then nobody is going to be able to balance the budget because of all the extra entitlement spending.
A few corrections and notes:
If you want to figure in inflation vs. stock prices using consistent inflation calculations across all administrations, Republicans won’t come out any better than in the graph above.
on two points:
First, I’m not saying Rs do better than Ds on the economy, I was saying that to claim Carter did good for our economy is total bullshit. Only a truly blind liberal would defend Carter’s economic policies, as a blind conservative would defend Bush today. They were both terrible.
Second, there was no misfortune on my part for financing several properties at the “absolute worst time in modern history to do so”. It was one of the greatest wealth generators I’ve been lucky enough to achieve in all my investing in all sectors.
I scooped up three rental properties at a time when the pool of buyers dried up, no one could afford those rates, while the renting pool increased and overall the housing prices dipped. In the coming years, as the mortgage rates fell, I refinanced to a more complementary rate while still greatly enjoying the low initial purchase rate of the properties that was gaining equity.
Buying a property at a low interest rate, like so many have done recently, improperly inflates the frontend price of the property and the amount you borrowed and pay interest on. Just ask folks that can’t sell today due to being upside down.
The lesson is to not follow the sheepeople. When mortgage rates are high, it’s a great time to buy. When they are low, steer clear because you are buying an overly inflated commodity.
If you aren’t contrarian, you are just working your life away to give other people your hard earned cash.
And always, always have cash saved up to make the most of opportunities that arise whether it is a low housing market or stock market. Today, those of us who have lived frugally and saved up that kind of money can add to our real estate and stock portfolio at a huge discount, while those that live high on the debt horse can only lament. It also means I don’t need to work, and can do the nonprofit work I love.
The debacle that is the Republican party is quickly losing it’s sheen. A sheen, I might add, that results from an oily and greasy pompadour. Christ! The state of affairs at the end of the Bush reign (it can’t end fast enough!) will go down in history as the most damaging to our national as well as global affairs, than in any other time in the history of the universe. The history of the universe!
Worst president ever!
And anyway, Bush was a wash. He inherited the bursting tech bubble from Clinton. Market fell to 8,000. It grew to 14,000, fell to 8,000. It will probably be 10-11,000 when he leaves office. A wash. Again, you can complain about Iraq, and you can complain about Cheney’s oil and gas leases, but the trigger for this mess, was the sub-prime loan market, which was a Democratic Congress baby.
Obama has put up a nifty taxcut calculator. Check it out.
http://taxcut.barackobama.com/
Which president produced:
1. The highest growth in the gross domestic product?
2. The biggest increase in jobs?
3. The biggest increase in personal disposable income after taxes?
4. The highest growth in industrial production?
5. The biggest rise in hourly wages?
6. The lowest Misery Index (inflation plus unemployment)?
7. The lowest inflation?
8. The largest reduction in the federal budget deficit?
Done guessing? Okay, here are the answers: 1. Truman; 2. Carter; 3. Johnson; 4. Kennedy; 5. Johnson; 6. Truman; 7. Truman; 8. Clinton. A Democratic sweep.
Presidents and Job growth: http://makethemaccountable.com…
Parsingreality,
Here’s my quiz to you, to see what your economic IQ is:
Were you, or will you be, have the ability to retire, like I did, by age 48, without the help of any inheritance or trust fund, but merely by your accrual of wealth through acute financial acumen?
If yes, kudos to you, I consider you a peer and will take some nonsensical partisan ribbing (though I’m an indy). If no, get to work man!
Parsing is taking care of his sick father. Not exactly a money-making opportunity considering the cost of health care.
Not that you should have known that, but there’s no need to get personal about it. It’s great that you made a killing, but not everyone has that capability. There are always outside factors weighing in.
did it because he’s a genius.
Every conservative who fails did so because the government messed him up.
They say conservatism can never fail, it can only be failed. I think conservatives are like that in their personal lives as well.
It is just susceptible to opportunists.
And let me add that disinterested accomplished what he did w/o ANY government help, you know. No SEC, no roads, no public education, no FAA keeping his planes safe, no NOAA for weather reports, and on and on and on and on.
Regardless, Disinterested, you did not answer the point of the posts, everyone does better under Democratic presidencies.
Even you, Mr. High and Mighty.
You’re a better person than I am, I would’ve kept adding to the gov’t list.
In fact, an entire essay: “A day in the life of a conservative American…….
or, 50 ways to love your liberal heritage”
http://www.bigcottonwood.net/d…
Gents and ladies,
First, sorry about your sick family member parsing, as a cancer survivor I understand how difficult things can be.
Second, I AM NOT A CONSERVATIVE. Please stop assuming that everyone in this world is in one party or the other. I’m an independent hawkish fiscal conservative whose somewhat socially liberal. I don’t fit in either party.
Third, parsing, I’ve never claimed that we shouldn’t have roads, an FAA, an SEC or NOAA. What field did that come out of?!? I have served my country and paid my taxes dutifully for many many decades. I’ve voted for many local tax increases for open space, rec centers and the like. That’s just plain asnine and baseless to say I oppose all government.
I did say Carter was in charge of the worst peace time economy in the history of our country. Only on this liberal echo chamber of a site would people so feverishly defend him. Me thinks you all were not adults that decade, you won’t find many grey pony tail liberals in the room that lived then and would back him up. We all hated Carter, he was soft and terrible plain and simple. It’s inaccurate to say “everyone” did better under him. Other than those like me who picked our opportunities, such as those of us picking up cheap property and stock today, most did very very badly under Carter.
It’s a plain fact.
…seriously, and for surviving cancer.
The question, you may recall, was a list of historical-economic facts and who was president when each came to pass.
That was the topic.
For years the general public has clung to the erroneous, but strong, belief that Republicans are better economic stewards than Dems. The challenge is how to break that well-ingrained assumption.
I once saw a fascinating video produced by the National Science Foundation demonstrating how people stick to their belief system, even when it is virtually impossible to explain rationally. The film-makers went to a Harvard University graduation ceremony to interview graduating seniors (including science majors) to ask how seasons occur. Virtually everyone got it wrong, explaining rotation around the sun (hand gestures and all) instead of earth’s tilt on its axis. Many of them faltered in the middle as they realized that perhaps their idea didn’t make sense, but all stuck to it nonetheless.
So what do we do? How do we make people understand that Dems are better overall as economic stewards?
1. The tech bubble burst right after Clinton left office. That left us in about the same shape we are now at the beginning of the Bush 43 administration. So Clinton’s numbers are inflated, and Bush 43 is a wash. Except for invading Iraq. Which was the stupidest thing I’ve ever seen.
2. Reagan inherited a mess from Carter and turned it around, at the expense of some environmental damage and the highest deficit in history on a % basis. So Reagan’s actual effect should be higher. Whith an asterisk. And Carter was the worst ever. Plus he was a dirty campaigner. Just ask Mo Udall.
3. Nixon’s numbers are also biased low because he inheritied a complete mess from Lyndon Johnson’s “Great Society”, a nightmare we are about to re-live under President Obama.
Carter inherited the same mess that Nixon had, and got punked by OPEC to top it off. So Carter’s playing field wasn’t stellar; his choice of Volker is credited with turning around the crisis – just in time for Reagan to benefit (inflation began to drop sharply before Reagan took office).
FDR inherited Hoover’s mess, dealt with World War II, and wound up raising taxes to obscene (by modern standards) levels to pay for fixing it all – yet he still managed a moderate growth.
The truth is, each of these Presidents has had to deal with ups and downs. Of them all, two stand out. Neither Hoover nor Bush 43 IMHO acted well in response to the difficulties of their time, and exacerbated the problems of their day.