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Keyword: malaise

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  • The missing piece in the global growth puzzle (no consumer demand)

    01/19/2014 3:42:01 PM PST · by Red in Blue PA · 41 replies
    "So many people – politicians, journalists, I'm afraid market analysts – sort of believe this story of an economics recovery going on around the world," Roger Nightingale, strategist at RDN Associates, told CNBC. "This economics recovery hasn't occurred. In fact, actually for the past 18 months people have been talking about it, the data is pretty flat. If anything, it's getting flatter." .... "The conventional response, among economists, is that the government must take action to boost domestic demand in the United States, with either monetary or fiscal stimulus, or by redistributing wealth," he said in a note, citing the...
  • Seven Devastating Economic Facts

    01/17/2014 11:00:35 AM PST · by Hoodat · 23 replies
    Breitbart ^ | 17 Jan 2014, 7:59 AM PDT | Wynton Hall
    <p>U.S. economic conditions in 2014 continue to languish, as millions of Americans remain jobless. Seven economic facts underscore America’s increasingly dire economic outlook.</p> <p>The latest Labor Department figures reveal that a record 91.8 million Americans are no longer in the U.S. labor force. To be included in the Labor Department's calculations for this statistic, a person must be 16 years or older, a civilian, not in an institution (such as prison), and someone who has not looked for a job in the last four weeks.</p>
  • More Job Market Malaise: December's Unemployment Rate Was Probably Not a One-Off

    01/11/2014 5:58:34 PM PST · by SeekAndFind · 10 replies
    Pajamas Media ^ | 01/11/2014 | Tom Blumer
    On the Wednesday conference call [1] following the release of the ADP’s December National Employment Report [2] on private-sector hiring, Mark Zandi, chief economist at Moody’s Analytics, the firm primarily responsible for the report’s preparation, told attendees: “It feels like the job market has kicked into a higher gear.”It’s hard to blame Zandi for wanting this to happen. After what he described as a lot of “false starts” in the past four and a half years since the recession officially ended, who doesn’t want to see some better employment news?ADP’s report showed that private firms added 238,000 jobs. Though...
  • 1,600 Applicants Flood MD Ice Cream Factory for 36 Jobs

    01/06/2014 9:55:09 AM PST · by Hoodat · 71 replies
    Breitbart ^ | 6 Jan 2014, 6:03 AM PDT | Ben Shapiro
    Thanks to persistent unemployment and low availability of low-skill jobs, Shenandoah Family Farms’ ice cream plant in Hagerstown, Maryland has received over 1,600 applicants for a grand total of 36 jobs. Many of those applicants are former workers at the Good Humor plant that was bought by Shenandoah Family Farms. “You’d think that after 20-some-years working someplace at least somebody would think you area a good person, that you’d show up on time every day, and that would be worth something,” Luther Brooks, a 50-year-old former worker at the plant told the Washington Post. “I can’t get nothing. I’ve tried.”...
  • Jimmy Carter’s legacy hovers over grandson’s run

    11/30/2013 5:49:40 AM PST · by Jack Hydrazine · 46 replies
    Politico ^ | 29NOV2013 | Katie Gluek
    Five days after Jason Carter jumped into the Georgia governor’s race, his grandfather, former President Jimmy Carter, delivered a speech urging a ban on the death penalty. Within hours, the newly minted candidate felt compelled to issue a retort: while he loves his grandfather, he told a reporter, “I believe in the death penalty for heinous crimes, and that won’t change when I’m governor.” The episode spoke to the benefit and potential burden of the Carter surname for the upstart Democratic state senator, who is waging a long-shot bid to unseat first-term Republican Gov. Nathan Deal. Practically everyone in the...
  • WashPost: Bill de Blasio wins mayor’s race in New York, ushering in new era of liberal governance

    11/05/2013 10:34:21 PM PST · by tcrlaf · 54 replies
    Wash Post ^ | Phillip Rucker
    Bill de Blasio overwhelmingly was elected mayor here Tuesday, becoming the first Democrat to lead New York in 20 years and ushering in an era of activist liberal governance in the nation’s largest city. In early returns Tuesday night, de Blasio was soundly defeating Republican Joe Lhota, a protégé of former mayor Rudy Giuliani. De Blasio campaigned on a mantle of progressive change following Mayor Michael R. Bloomberg’s 12 years in office, highlighting what he saw as “a tale of two cities.” The moneyed Manhattan elite have had their mayor, he argued, and now the 46 percent of New Yorkers...
  • The Recovery That Roared

    07/11/2013 11:44:55 AM PDT · by Kaslin · 29 replies
    Townhall.com ^ | July 11, 2013 | Charles Payne
    They say slow and steady wins all the time, and right now it's looking like it's true with respect to the economy and stock market. You can argue the recovery has been steady, and there's no doubt it's been slow, which makes the correlating move in stocks puzzling. It reminds me of the story of The Mouse That Roared. The hard part is figuring out who the mouse is in this case. In the story the tiny (three miles by five miles) fictitious European Duchy of Grand Fenwick declares war on America because an American winemaker is making a knock-off...
  • Should the US Switch to a Parliamentary System? (This Question Hasn't Been Asked Since Jimmy Carter)

    04/23/2013 6:28:06 PM PDT · by DogByte6RER · 29 replies
    Pacific Standard Magazine ^ | April 9, 2013 | Seth Masket
    Institutions Worthy of Our Parties: Should the U.S. Switch to a Parliamentary System? Efforts to curb legislative partisanship have weak track records, so maybe we should consider changing the other side of the equation in order to establish a government that can actually get things done. Rick Hasen has a really interesting paper up discussing partisan polarization and the possibility of changing the Constitution to deal with it. (And you should really read Jonathan Bernstein’s response, too.) Hasen starts off by asking whether we should be considering moving toward a more parliamentary style of government. It’s a fair question. We...
  • Bank of America to lay off 469 in Newark office

    04/04/2013 9:28:58 AM PDT · by FreeAtlanta · 3 replies
    nj.com ^ | April 03, 2013 | Tom De Poto and Ed Beeson
    Bank of America said today it’s cutting 469 jobs from its mortgage servicing center in Newark as the number of homeowners delinquent on mortgage payments dwindles. Employees at the offices on the corner of Market Street and University Avenue were given the news last week. “We previously announced intentions to reduce the size of our mortgage servicing operations in line with the successful reduction of our portfolio of delinquent mortgage customers,” the bank said in an e-mailed statement last night. “Compared to peak levels in 2011, today we have fewer than half the number of customers who need the specialized...
  • Bank of America to Lay Off 1,320 Employees in Upstate New York

    04/03/2013 6:24:35 AM PDT · by FreeAtlanta · 10 replies
    Fox Business ^ | April 02, 2013 | Dow Jones Newswires
    Bank of America Corp. (BAC) is laying off 1,320 employees in upstate New York as it will exit a mortgage-servicing facility there at the end of May, according to a filing with the New York State Department of Labor. M&T Bank Corp. (MTB) is taking over Bank of America's Getzville, N.Y., mortgage-servicing facility and hiring about 600 Bank of America employees, a spokesman for the Buffalo, N.Y., bank said. He added M&T has about 400 openings in Buffalo and Bank of America employees can apply for those positions. Bank of America, the nation's second-largest bank by assets behind J.P. Morgan...
  • US election: Jimmy Carter's [unemployed] grandson helped leak Mitt Romney video

    09/18/2012 12:33:10 PM PDT · by Cincinatus' Wife · 50 replies
    Telegraph - UK ^ | September 18, 2012 | Raf Sanchez, Washington
    Jimmy Carter's unemployed grandson has said he helped leak damaging video footage of Mitt Romney in retaliation for the Republican's habit of maligning his grandfather on the campaign trail. .......As the story exploded, Mr Carter emailed his 87-year-old grandfather to tell him he was behind the revelation that was rocking Mr Romney's campaign. The former president replied "James: This is extraordinary. Congratulations! Papa." The younger Mr Carter was only three when his grandfather was pushed out of the White House by Ronald Reagan in the 1980 election but said that he was still angered by Republicans who accused the former...
  • Uninspiring Obama press conference

    06/08/2012 8:58:49 AM PDT · by Kozy · 38 replies
    self | 06/07/2012 | Kozy
    Painfully watched Obama's press conference this morning. The most uninspiring one possible from a most uninspiring individual. The conference had no purpose, no direction no call to action. America wants a president to lead, Obama can't lead. He tried to talk about econopmy, Europe, classified leads but no course of action. He should have said these are the three items we are going to work on in the next 90 days, extension of the Bush tax cuts, increasing the supply and lowering the cost of oil to natural grow the economy and the suspension of all rules and regulations on...
  • The Malaise of 2012, Part IV | Global Warming Foolishness

    03/23/2012 12:42:58 PM PDT · by NaturalBornConservative · 2 replies · 1+ views
    Natural Born Conservative ^ | March 22, 2012 | Larry Walker, Jr.
    * Inordinate Stimulus, Undue Debt and Global Warming Foolishness Caused the Recession* By: Larry Walker, Jr. *“With few exceptions no educated person in the history of Western Civilization from the 3rd Century B.C. onward believed that the earth was flat... No one before the 1830’s believed that medieval people thought that the earth was flat.” ~ Jeffrey Burton Russell (The Myth of the Flat Earth)Global Warming FoolishnessIn an article entitled, “Algae for Waste Water Treatment and BioFuel Production: A Double Winner,” Dr. John Kyndt and Dr. Aecio D’Silva discuss the process known as phycoremediation, which is short for treating...
  • The Malaise of 2012 | Part III - Undue Debt

    03/18/2012 10:18:55 AM PDT · by NaturalBornConservative · 5 replies
    Natural Born Conservative ^ | March 18, 2012 | Larry Walker, Jr.
    * Inordinate Stimulus, Undue Debt and Global Warming Foolishness Caused the Recession* By: Larry Walker, Jr. *It is impossible to calculate the effect of deficit-financed government spending on demand without specifying how people expect the deficit to be paid off in the future. ~ The Theory of Rational Expectations Undue Debt Obama’s three-point plan for deficit reduction can be summed up in three words, “Spend Baby Spend.” In fact, Obama will have borrowed more than $6.3 trillion during his four-year term, which is more than the first 42 and 1/4 presidents combined. And what do we have to show...
  • The Malaise of 2012 | Part II

    03/17/2012 1:22:29 PM PDT · by NaturalBornConservative
    Natural Born Conservative ^ | March 17, 2012 | Larry Walker, Jr.
    * Inordinate Stimulus, Undue Debt and Global Warming Foolishness Caused the Recession* By: Larry Walker, Jr. *“… an unprecedented degree of federal government spending and intervention vis-ŕ-vis the $787 billion dollar economic stimulus package, the $81 billion dollar bailouts of GM and Chrysler, and the enactment of health care and financial regulatory and reform bills have done nothing to stimulate our anemic recovery and have fundamentally failed at creating private sector jobs, or generating economic growth necessary for a sustainable, healthy recovery.” ~ Douglas Schoen via: The Daily BeastInordinate StimulusAccording to Economist Raymond Richman of Ideal Taxes Association, “The...
  • The Malaise of 2012 | Part I

    03/14/2012 6:46:53 PM PDT · by NaturalBornConservative · 5 replies
    Natural Born Conservative ^ | March 14, 2012 | Larry Walker, Jr.
    * Inordinate Stimulus, Undue Debt and Global Warming Foolishness Caused the Recession* By: Larry Walker, Jr. *Despite Obama’s optimism, the Economic Cycle Research Institute (ECRI), the same organization which successfully predicted the last recession, and which over the last 15 years has gotten all of its recession calls right while issuing no false alarms, has recently opined that a 2012 recession is now inevitable.According to ECRI, the four basic metrics that define an economy are gross domestic product (GDP), personal income, broad sales and employment. GDP peaked in the 2nd quarter of 2010, and has since been cut in...
  • Obama echoes Carter’s ‘malaise’: U.S has ‘gotten a little soft’

    09/30/2011 8:04:25 AM PDT · by martosko · 11 replies
    The Daily Caller ^ | 09/30/2011 | Neil Munro
    President Barack Obama told a Florida TV station yesterday that the United States is facing economic difficulties because it has “gotten a little soft” during the last 20 years. [ ... ] Obamaʼs “soft” comment, and its political circumstances, echo a controversial speech by then-President Jimmy Carter. In July 1979, Carter declared that “too many of us now tend to worship self-indulgence and consumption.” The speech was later dubbed the “malaise speech,” even though it did not use the word.
  • A few words about misery

    08/18/2011 7:51:28 AM PDT · by the invisib1e hand · 3 replies
    081811 | self
    Just a snapshot of the "Non-stop News" feature on Bberg at about 10:48 am. Obama Plans to Announce Jobs Stimulus Package With Bigger Cuts in Deficit U.S. Existing Home Sales Unexpectedly Decreased in July U.S. Consumers Most Negative Since Recession U.S. Stocks Tumble on Global Growth Concerns BofA Mortgage Risk May Rise in MBIA Case Morgan Stanley Cuts Global Growth Forecast European Stocks Drop as Officials Say Fed Shouldn’t Shield Equity Market Chavez Orders $11 Billion of Gold Home U.S. Existing Home Sales Unexpectedly Decreased in July U.S. Consumers Most Negative Since Recession U.S. Stocks Tumble on Global Growth Concerns
  • Catch Me Now I'm Falling [a little culture from the first Carter era]

    08/17/2011 5:32:46 PM PDT · by the invisib1e hand · 32 replies
    Kinks ^ | 081611 | self
    So what was there to drown out disco during the Age of Malaise? What sorts of topics sold records besides sheiking yerbouti?Rock on!
  • The Diminished President

    08/01/2011 11:29:38 PM PDT · by lbryce · 36 replies
    New York Times ^ | JUly 31, 2011 | ROSS DOUTHAT
    By rights, Barack Obama should be emerging as the big political winner in the debt ceiling debate. For months, he’s positioned himself near the center of public opinion, leaving Republicans to occupy the rightward flank. Poll after poll suggests that Americans prefer the president’s call for a mix of spending cuts and tax increases to the Republican Party’s anti-tax approach. Poll after poll shows that House Republicans, not Obama, would take most of the blame if the debt ceiling weren’t raised. Yet the president’s approval ratings have been sinking steadily for weeks, hitting a George W. Bush-esque low of 40...
  • Mitt Romney changes tactics (Romney says economic malaise "not all the result of" Obama)

    07/24/2011 10:40:40 AM PDT · by rabscuttle385 · 53 replies
    Deseret News, Salt Lake City, Utah ^ | 2011-07-22 | Jamshid Ghazi Askar
    SALT LAKE CITY — Republican presidential candidate Mitt Romney is taking a new approach to hammering Pres. Barack Obama and campaigning in Iowa. Romney seems to be choosing his words more carefully as he verbally attacks Obama, Politico concludes in an article published Thursday. The piece compares a Romney campaign stop in Pennsylvania last month with his visit Wednesday to Southern California. "Romney spoke Wednesday in front of a long-defunct mall near Los Angeles, and repeatedly pointed out that the mall's closure wasn't entirely Obama's fault. 'Obviously, the challenges here are not all the result of the current administration,' Romney...
  • Obama: "I misunderstood the depth of the recession.".

    07/06/2011 8:58:45 PM PDT · by GlockThe Vote · 80 replies
    Talking points memo ^ | July 6 2011 | Barack obama
    Obama: I Underestimated Magnitude Of The Recession        Advertisements [?]   Source: Talking Points Memo President Obama openly acknowledged underestimating the length and magnitude of the worst recession since the Great Depression in a response to a question during his Twitter town hall. Always a tough question to answer, Obama was asked what mistakes he made in handling the economic crisis and what he would have done differently looking back on his first months in office. Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a...
  • Major Garrett: Town hall a sign of ‘anxiety’ at Obama reelection HQ

    07/06/2011 6:31:52 PM PDT · by markomalley · 20 replies
    Daily Caller ^ | 7/6/2011 | Jeff Poor
    Wednesday’s so-called Twitter town hall meeting conducted by President Barack Obama was certainly unprecedented. But was it a sign of trouble at Obama reelection headquarters in Chicago? Over the past few weeks, Democrats in Washington, D.C., have been driving the message of “shared sacrificed” as it pertains to the federal government’s fiscal policy going forward in dealing with record deficit and debt issues. But in an appearance on Wednesday’s “The Laura Ingraham Show,” National Journal congressional correspondent Major Garrett explained there were some unresolved questions, especially when it comes to the question of what Americans are getting for their sacrifice....
  • Stocks skid as banks slash jobs outlook

    06/01/2011 9:49:16 AM PDT · by Deo volente · 79 replies
    Yahoo.com ^ | June 1, 2011
    NEW YORK (Reuters) - Stocks skidded on Wednesday, with the Nasdaq off 1 percent as more weak economic data cemented fears of a slowdown and prompted big Wall Street players to slash their forecasts ahead of the closely watched payrolls report on Friday.
  • Editorial: Will 'Obamalaise' Create Another Downturn?

    05/26/2011 5:39:48 PM PDT · by Kaslin · 15 replies
    IBD Editorials ^ | May 26, 2011 | Staff
    Economic Policy: Today's choppy economic growth conjures up memories of the '70s, when another Democrat presidency reigned over a similar period of stagnation, dubbed the era of "malaise." Like the Carter years, the Obama years so far are marked by anti-business policies and anemic business activity. This week's raft of gloomy economic reports confirm the zombie Obama recovery has hit another dangerous soft patch. Among the bad news: • Businesses last month slashed orders for autos and other durable goods by the largest amount in six months. • Industrial output dropped the most in April for any month since the...
  • Carter: 'Probably superior' to other ex-presidents

    05/22/2011 10:51:23 AM PDT · by Sub-Driver · 74 replies
    Carter: 'Probably superior' to other ex-presidents *** UPDATE 3:59 pm ET *** Former President Carter issued a written statement after his comments aired: "What I meant was, for 27 years the Carter Center has provided me with superior opportunities to do good." In an interview with NBC's Brian Williams, former President Jimmy Carter, who has been a target of the right through the years, lauded his own post-presidency, telling Williams, "I feel that my role as a former president is probably superior to that of other presidents." Carter, who is out with a new book defending his legacy, backed up...
  • Sacramento's sorry rating on Forbes magazine index adds to region's misery (POd at Forbes)

    02/10/2011 7:14:31 AM PST · by Cincinatus' Wife · 29 replies
    Sacramento Bee ^ | February 10, 2011 | Anita Creamer
    When she learned that Forbes magazine last week named Sacramento fifth on its annual list of most miserable cities, Sacramento high school teacher Kari Bluff took to her blog to express her succinct reaction: "Stuff it, Forbes," she wrote. .....Judging from the insulted tone of online comments, blog posts, Facebook updates and letters to the editor, the Forbes list has hit a nerve with local residents. "I hate to say it, but misery has a direct correlation to money," said Tim Hinsche, a 64-year-old real estate broker who downsized to a one-bedroom Sacramento apartment after the short sale of his...
  • Poll: Half Say They’re Worse Off Under Obama

    12/09/2010 9:37:34 AM PST · by OldDeckHand · 15 replies
    Time ^ | 12/09/2010 | Mark Halperin
    Bloomberg survey finds 51% of Americans say their situation has deteriorated in the last two years, while 66% think the country is headed down the wrong track. Conducted Dec. 4-7, error margin 3.1 points.
  • It’s Beginning to Look a Lot Like . . . a Lost Decade

    12/03/2010 9:04:02 AM PST · by OldDeckHand · 19 replies · 2+ views
    National Review Online ^ | 12/03/2010 | Samuel R. Staley
    The monthly unemployment figures seem to have shaken many economists and analysts, but really, it simply looks like more evidence that we are entering into a lost decade. Merry Christmas. Job growth, while positive, was worse than anemic. Adding just 39,000 jobs per month (net) isn’t anywhere close to the 120,000 needed to keep unemployment from rising or the 300,000 needed to push unemployment down. While rising unemployment rates in a recovery aren’t that unusual, the trajectory of job creation should be up — significantly. And it’s not. That, or the trend in the numbers is simply more transparent now...
  • Blaming the Voters (Carter's malaise speech deja vu)

    09/29/2010 10:22:50 AM PDT · by Frantzie · 7 replies
    Democrats seeking to boost voter turnout this fall are beginning to sound like the late comedian Chris Farley's portrayal of a "motivational speaker" on Saturday Night Live. Farley's character sought to inspire young people by announcing that they wouldn't amount to "jack squat" and would someday be "living in a van down by the river."
  • Jimmy Carter Hasn’t Been Mincing Many Words Of Late

    09/22/2010 7:51:42 AM PDT · by edpc · 16 replies
    Yahoo News ^ | 22 Sept 2010 | Brett Michael Dykes
    Since leaving the White House some 30 years ago, former President Jimmy Carter has, for the most part, steered clear of controversy. He's won a fair amount of attention for building houses with Habitat for Humanity, and for the occasional foray into post-presidential diplomacy. (He recently traveled to North Korea to secure the release of an imprisoned American.) And he drew some headlines for publishing a harshly critical book about Israeli policy toward the Palestinians. But on balance, Carter has maintained a relatively quiet life out of office.
  • The Carter-Obama Comparisons Grow (Walter Mondale himself sees a parallel)

    09/21/2010 8:28:25 PM PDT · by RobinMasters · 27 replies
    WSJ ^ | SEPTEMBER 20, 2010 | JOHN FUND
    Comparisons between the Obama White House and the failed presidency of Jimmy Carter are increasingly being made—and by Democrats. Walter Mondale, Mr. Carter's vice president, told The New Yorker this week that anxious and angry voters in the late 1970s "just turned against us—same as with Obama." As the polls turned against his administration, Mr. Mondale recalled that Mr. Carter "began to lose confidence in his ability to move the public." Democrats on Capitol Hill are now saying this is happening to Mr. Obama. Mr. Mondale says it's time for the president "to get rid of those teleprompters and connect"...
  • Obama says economy not growing fast enough (there's no "magic bullet" that will fix its problems)

    08/29/2010 6:05:35 PM PDT · by NormsRevenge · 161 replies
    Reuters on Yahoo ^ | 8/29/10 | Caren Bohan
    WASHINGTON (Reuters) – President Barack Obama said on Sunday the U.S. economy was expanding but not at a robust enough pace and there was no "magic bullet" that will fix its problems. Obama said in an NBC interview that the batch of grim economic data over the past few weeks was something his administration had anticipated. ... "The economy is still growing, but it's not growing as fast as it needs to," Obama told NBC in the interview in New Orleans, where he stopped after a vacation on the Massachusetts island of Martha's Vineyard. Obama faces a dilemma in trying...
  • White House: The Economy Is Lost

    08/19/2010 8:46:52 AM PDT · by Sub-Driver · 115 replies
    White House: The Economy Is Lost Obama Admin. Says “Nothing Is Possible” To Help Struggling Economy As Jobless Claims Hit Nine-Month High, Employers “Scared To Death”; Gop Listening And Offering Better Solutions Washington (Aug 19) With President Obama set to take off for Martha’s Vineyard in a matter of hours, the Obama Administration says “NOTHING IS POSSIBLE” (their caps, not ours) to help an economy showing new signs of job losses and employer uncertainty. (Now, this is a peculiar admission coming from a White House that is also saying, despite his vacation, that the president is “working hard to do...
  • The End of American Optimism (Mort must be hearing it from his liberal friends)

    08/16/2010 1:38:29 PM PDT · by Hojczyk · 26 replies
    Wall Street Journal Opinion ^ | August 16, 2010 | MORTIMER ZUCKERMAN
    Our brief national encounter with optimism is now well and truly over. We have had the greatest fiscal and monetary stimulus in modern times. We have had a whole series of programs to pay people to buy cars, purchase homes, pay off their mortgages, weatherize their homes, and install solar paneling on their roofs. Yet the recovery remains feeble and the aftershocks of the post-bubble credit collapse are ongoing. We are at least 2.5 million jobs short of getting back to the unemployment rate of under 8% promised by the Obama administration. Concern grows that we are looking at a...
  • "Systemic Pessimism" (Read the Links Long)

    08/16/2010 1:46:11 PM PDT · by Hojczyk · 5 replies
    Hugh Hewitt.com ^ | August 16, 2010 | Clark Judge
    By Clark S. Judge, White House Writers Group (www.whwg.com ) and chair, Pacific Research Institute (www.pri.org ) When Shakespeare’s Richard the Third decried the “winter of our discontent”, he meant that unhappiness had gone into hibernation. He intended to awaken it. No need for R-III-R in Washington these days. With all problems diagnosed as “systemic”, systemic pessimism is everywhere. Two weeks ago, in her weekly Wall Street Journal column ( http://tiny.cc/4gkz6 ), Peggy Noonan pointed to reports of Americans giving up their citizenship. She worried that popular gloom over economic decline and powerlessness to change an out-of-touch leadership could lead...
  • LA Times: Economic fears rise as disappointing figures pile up [the 'M' word]

    08/14/2010 4:53:04 AM PDT · by Oldeconomybuyer · 12 replies
    The Los Angeles Times ^ | August 14, 2010 | By Walter Hamilton and P.J. Huffstutter
    Most economists believe a dip back into recession — as well as an equally debilitating bout of deflation, or broadly falling prices — will be avoided. But many have nonetheless warned that the prospects are rising, and say the more probable scenario isn't much more appealing: a protracted economic malaise with imperceptible growth and stubbornly high joblessness. "We are mired in a jobless recovery, and the government has run out of ammunition to help out the economy," said Sung Won Sohn, an economics professor at Cal State Channel Islands. "The current situation doesn't look very good." Feeling the pinch is...
  • Former Carter Advisor Appalled by Feckless Obama (Supposed to be satire)

    07/17/2010 2:04:54 PM PDT · by John Semmens · 8 replies · 1+ views
    A Semi-News/Semi-Satire from AzConservative ^ | 17 July 2010 | John Semmens
    Former President Jimmy Carter’s National Security Adviser Zbigniew Brzezinki says he is “sorely disappointed in President Obama. I thought the country had pretty much hit bottom when Jimmy was president. The economy was on the rocks. Our foreign policy was incoherent. It was bad news all around.” “At least Jimmy was aware that he was failing,” Brzezinki continued. “Obama doesn’t have a clue. The unemployment rate goes down a tick because thousands of people have given up hope of finding a job and Obama hails it as a triumph in enabling more to enjoy the benefits of leisure. It’s like...
  • Carter's NSA Brzezinski Senses "Malaise" With Obama

    07/16/2010 11:40:12 AM PDT · by i88schwartz · 16 replies
    RealClearPolitics ^ | July 16, 2010 | RealClearPolitics
    Jimmy Carter's National Security Adviser Zbigniew Brzezinski: "I think we're now going through a phase in which there is a sense of pervasive malaise, which affects different groups in society in different ways."
  • Zbigniew Brzezinski Says Obama Presiding Over Age Of 'Malaise'

    07/16/2010 5:49:39 AM PDT · by governsleastgovernsbest · 29 replies · 2+ views
    NewsBusters ^ | Mark Finkelstein
    Can you hear the wailing and gnashing of teeth emanating from 1600 Pennslyvania Avenue? It's Pres. Obama & Co. reacting to Zbigniew Brzezinki pinning on Barack Obama the word that doomed Jimmy Carter: "malaise." On Morning Joe, Carter's former national security adviser said there "is a sense of pervasive malaise" in America. What's worse, said Zbig, Pres. Obama hasn't been able to generate "an organizing idea" to address that malaise. Ruh-roh! View video here.
  • The Case Against the ‘Malaise’ Speech

    07/07/2010 5:51:22 AM PDT · by lbryce · 17 replies
    New York Times ^ | July 6, 2010 | Ross Douthat
    My column on Monday made a disparaging reference to Jimmy Carter’s famous “malaise” speech (in which, yes, he never actually used the word “malaise”), citing it as an example of the pessimism bubble that inflated in late-1970s America. Recently a narrative has sprung up, on the “crunchy” right as well as on the left, that argues that Carter was prescient rather than over-pessimistic, and that America would be better off today if we’d heeded his indictment of consumerism and self-indulgence, rather than spurning him for the go-go optimism of Ronald Reagan. This is not a crazy idea, since in many...
  • Obama: Promoting the Negative, Discouraging the Positive

    06/30/2010 12:04:37 PM PDT · by Kaslin · 9 replies
    Townhall.com ^ | June 30, 2010 | Michael Medved
    National anger at corruption and incompetence in Washington centers increasingly on a peculiar, profoundly maddening quirk of the Obama administration: its consistent, irrational impulse to reward bad behavior and to punish constructive conduct. The now powerful Tea Party movement began with an on-air rant in February, 2009 by Rick Santelli of CNBC, who complained of a costly new program to protect homeowners who had recklessly committed themselves to unaffordable mortgages; he suggested a “Chicago Tea Party” as a means of protest. Despite the indignation Santelli ignited, various Obama programs continue to tax Americans who’ve never missed a mortgage and send...
  • U.S. Can’t Continue As Engine That Drives the Global Economy, Obama and Geithner Say

    06/29/2010 3:44:56 AM PDT · by Sub-Driver · 47 replies
    U.S. Can’t Continue As Engine That Drives the Global Economy, Obama and Geithner Say Tuesday, June 29, 2010 By Fred Lucas, Staff Writer Washington (CNSNews.com) – Citing the country’s trade deficit, President Barack Obama and Treasury Secretary Timothy Geithner each asserted last week that the United States cannot continue to lead the world economy. “We said in Pittsburgh [at] the G20 that it was important for us to rebalance, in part because the U.S. economy for a long period of time was the engine of world economic growth; we were sucking in imports from all across the world financed by...
  • Cramer - Why Obama Is Bad for Stocks

    06/28/2010 8:01:35 AM PDT · by blam · 17 replies
    Yahoo News ^ | 6-24-2010 | Jim Cramer
    Cramer - Why Obama Is Bad for Stocks Jim Cramer, RealMoney Columnist On Thursday June 24, 2010, 11:15 am EDT I heard it five times this week, twice Tuesday in a Wall Street bar, two times during the day chatting with investors and then last night at dinner with a pal, an old pro trader from down the block. All said the same word, as if programmed, like pod people in Invasion of the Body Snatchers. The word? Malaise.All of the people who used this term were older, friends from the days of trading, wizened veterans of other terrible markets...
  • Malaise

    06/26/2010 8:58:02 PM PDT · by buckrodgers · 4 replies
    finance.yahoo.com/news/ ^ | Thursday June 24, 2010, 11:15 am EDT | Jim Cramer, RealMoney Columnist , On
    I heard it five times this week, twice Tuesday in a Wall Street bar, two times during the day chatting with investors and then last night at dinner with a pal, an old pro trader from down the block. All said the same word, as if programmed, like pod people in Invasion of the Body Snatchers. The word? Malaise. All of the people who used this term were older, friends from the days of trading, wizened veterans of other terrible markets and of course, people who came of age during the Jimmy Carter years, where the unlamented president talked about...
  • Cramer - Why Obama Is Bad for Stocks

    06/26/2010 6:38:42 AM PDT · by safetysign · 28 replies
    TheStreet.com ^ | 06/24/2010 | Jim Cramer
    I heard it five times this week, twice Tuesday in a Wall Street bar, two times during the day chatting with investors and then last night at dinner with a pal, an old pro trader from down the block. All said the same word, as if programmed, like pod people in Invasion of the Body Snatchers. The word? Malaise.
  • The Second Coming of Jimmy Carter

    06/21/2010 3:43:15 AM PDT · by lbryce · 23 replies
    Fox News ^ | June 19, 2010 | Dan Gainor
    It took Barack Obama less time to become Jimmy Carter than it took Carter. Sure, their presidencies have taken similar tracks – relative Washington newcomers amidst bad economies and talk of cities defaulting on debt. Even the election of Sen. Scott Brown to take over for the late Sen. Ted Kennedy was similar to the GOP taking the seat held by the late Sen. Hubert Humphrey in 1978. That was just the opening act. Carter went down in history as man overwhelmed by the office he held. And Tuesday night, in front of the entire nation, Barack Obama sounded just...
  • Rush Limbaugh Compares Obama’s Speech to Jimmy Carter’s “Malaise” Speech

    06/17/2010 3:26:09 PM PDT · by Justaham · 3 replies · 327+ views
    Here is audio of Rush Limbaugh comparing President Obama’s speech from the Oval Office on the Gulf Oil Spill with Jimmy Carter’s disastrous “malaise” speech back on July 15, 1979. Limbaugh said both speeches prescribe the same kind of Left-wing, liberal fixes that just don’t work. Limbaugh said the liberals continue to get a chance to do their disastrous work because of a media that enables them, by portraying them as the ones who really are compassionate about people, and that makes them seem like they are the majority and won’t tell the truth about them. Rush said Carter was...
  • MUST WATCH: Obama's Oval Office Address Eerily Similar To Carter's Malaise Speech

    06/16/2010 5:55:16 PM PDT · by i88schwartz · 37 replies · 1,226+ views
    RealClearPolitics ^ | June 16, 2010 | RealClearPolitics
    Americans for Prosperity: Obama's Oval Office speech was so similar to Jimmy Carter's Malaise speech, they almost seamlessly fit together.
  • Obama's Oval Office Address: Look to Jimmy Carter (No Kidding)

    06/15/2010 10:40:19 AM PDT · by lbryce · 66 replies · 1,286+ views
    Politics Daily ^ | June 15, 2010 | Walter Shapiro
    More than 30 years ago in an era of gas lines and OPEC boycotts, Jimmy Carter addressed the American people from the Oval Office and confronted this political conundrum: "Why have we not been able to get together as a nation to resolve our serious energy problem?" Tuesday night, in the first Oval Office address of his presidency, Barack Obama is going to confront the environmental consequences of America's three-decade failure to resolve its serious energy problem. Far more than the president's pedestrian East Room press conference in late May, this speech probably will be what voters remember when they...