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Nate Silver's Numbers Indicate Probable Obama Win, World Agrees

An anonymous reader writes "The state-by-state election outcome probabilities today on Nate Silver's 538 imply a 97.7% probability for Obama to win 270 or more electoral college votes this coming Tuesday. A site that allows anyone but U.S. citizens vote seems to indicate that the rest of the world hopes these numbers are accurate. "

47 of 881 comments (clear)

  1. Re:Everyone loves a winner. by Reverand+Dave · · Score: 5, Insightful

    4 years of not having to deal with Mitt Romney.

    --
    I got here through a series of tubes
  2. Re:Everyone loves a winner. by siddesu · · Score: 5, Insightful

    we get the devil we know. Romney's stance on anything is shifting way too rapidly. but i think the US deserved better than what is on offer.

  3. I flunked out of electoral college by paiute · · Score: 5, Interesting

    Now does anyone have data on whether the forecasting of a win discourages the supporters or opponents of the projected winner from actually voting?

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    If Slashdot were chemistry it would look like this:Cadaverine
    1. Re:I flunked out of electoral college by Sloppy · · Score: 5, Insightful

      Now does anyone have data on whether the forecasting of a win discourages the supporters or opponents of the projected winner from actually voting?

      Well.. tons of anecdotal evidence (whatever that's worth). Lots of people say they won't vote Libertarian or Green because it would be "throwing their vote away." They say it's throwing-away because polls always indicate the person they'd like to vote for, is very likely to lose (so they vote for someone else who has higher polling numbers, instead).

      Apparently the thinking is like this: if you vote for someone who lost, then your vote "doesn't count." From that I conclude that since all the losers' votes votes didn't count, the winner is always unanimously elected. You can't get a stronger mandate than that, so it's our way of telling the winner that 100% of America agrees with them on 100% of issues.

      For reasons I don't understand, after the election, though, over half the people say they don't agree with whoever won. It's very strange, almost as though they don't really believe that losing is the same as not counting. Go figure.

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  4. uhh by nomadic · · Score: 5, Interesting

    The link to FiveThirtyEight says Silver predicts an 86.3% chance of an Obama victory. The "97%" link is to an anonymous python script and output at a different site. Could we get some context here?

    1. Re:uhh by Anonymous Coward · · Score: 5, Informative

      Nate's aggregate numbers allow for the possibility of systemic bias in the national and state by state polls, based on their historical distribution around the real election results.

    2. Re:uhh by Remus+Shepherd · · Score: 5, Funny

      I think the original poster is saying that an 86.3% chance will come true 97% of the time.

      Between him, you, and me, one of us doesn't understand statistics.

      --
      Genocide Man -- Life is funny. Death is funnier. Mass murder can be hilarious.
  5. Slightly less dysfunction by Kupfernigk · · Score: 5, Insightful

    Compared to Romney, Obama is likely to be somewhat less friendly to hedge funds and private equity companies, since they drive up prices and reduce jobs and wages for the profit of individuals. Full employment in the US, more middle class spending power, and lower commodity prices are better for everybody. More money in the hands of the very few is bad for everybody else. Romney is a representative of exactly those very few.

    --
    From scarped cliff or quarried stone she cries "A thousand types are gone, I care for nothing, no not one."
  6. votevotevote.net's Sample Size by eldavojohn · · Score: 5, Insightful

    A site that allows anyone but U.S. citizens vote seems to indicate that the rest of the world hopes these numbers are accurate.

    Okay so you're talking about roughly six and a half billion people. As of the writing of this post, votevotevote.net's page says:

    1050 VOTES have been received

    Furthermore can someone point me to, say, a Chinese version of votevotevote.net's page? I mean, surely you'd want to represent the largest population of the world or are you simply relying on the rest of the world to speak English? And you're going to then utilize that as evidence that the rest of the world hopes that Obama wins? Surely this site isn't even worth mentioning in a news context.

    --
    My work here is dung.
  7. Re:Everyone loves a winner. by TBedsaul · · Score: 5, Insightful

    A smaller chance of being "liberated".

  8. Re:For the love of God All-mighty by slim · · Score: 5, Funny

    Vote for the Mormon or you'll get the Muslim. Communism is NOT THE ANSWER.

    As a Brit, I honestly have no idea whether this is parody or not.

  9. Re:Taking a hint from the last election by Gunnut1124 · · Score: 5, Funny

    Please, share your anecdote about how bad President Obama has been for you personally. Did he kick your dog?

    --
    America is all about speed. Hot, nasty, badass speed. -Eleanor Roosevelt, 1936
  10. Re:Everyone loves a winner. by Alkonaut · · Score: 5, Insightful

    Quite a few things, for example less sword rattling in the Iran/Israel region (A war would reduce US purchasing power and affect global economy just like Iraq did). Less of a "trade war" with China (calling them a "currency manipulator on day one" certainly doesn't help trade & relations.

    Apart from these things that actually may affect me, I'd enjoy seeing that the greatest power in the world can hold an election that can't be bought or stolen by special interests. Would also be refreshing to see that the greatest democracy in the world have policies on reproduction/abortion/education/science that can't be mistaken for Taliban policies. That, and watching Fox News pundits heads explode for a week.

  11. Re:Everyone loves a winner. by AdamHaun · · Score: 5, Insightful

    What's in it for the rest of the world if Obama wins?

    An American President who isn't xenophobic and war-crazy. It's not that complicated.

    --
    Visit the
  12. No by Anonymous Coward · · Score: 5, Funny

    He ate his dog.

  13. Re:Everyone loves a winner. by sribe · · Score: 5, Insightful

    What's in it for the rest of the world if Obama wins?

    A president that engages with leaders around the world, actively involves them in decisions, generally works with them as partners rather than unilaterally starting wars. Compare Libya to Iraq...

  14. Re:Everyone loves a winner. by dkleinsc · · Score: 5, Insightful

    - Small-scale and covert actions in the Middle East rather than massive invasions with hundreds of thousands killed.
    - The US remaining a viable trading partner.
    - A president that knows basic geography ("Syria is Iran's route to the sea")

    I mean, I think a lot of it boils down to this: Mitt Romney isn't all that smart. He got to where he was by being born rich and being very good at lying. Obama, for all his many faults, is at least not a complete moron.

    --
    I am officially gone from /. Long live http://www.soylentnews.com/
  15. He's probably right. by yog · · Score: 5, Interesting

    But winning the battle won't win the war. Mr. Obama will be weakened by the divisive campaign; the electorate is bitterly split, and he will find Congress harder to work with. The members of Congress will be acutely aware that 48 or 49% of the popular vote went to his opponent (and he may even lose the popular vote). They will be less willing to go out on a limb to support his policies unless they are from strongly pro-Obama districts, and the average district will be closer to a 49-51 split.

    This year's elections reflect a very divided country that is uncertain how to proceed. As the wars wind down, the economy will be the foremost topic on most people's minds, and Mr. Obama has only a minority of the people's support on economic issues. Probably, we will have four years of deadlock and uncertainty followed by the 2016 presidential elections which will either vindicate Mr. Obama's big government approach, or relegate him to the history books.

    Just my humble opinions :)

    I hope that everyone votes tomorrow, regardless of your choice. The best possible outcome is that everyone votes; that way, the elections more fully reflect the will of the people, so that we can put this nastiness behind us, let bygones be bygones, and move on. Democracy -- gotta love it! The worst possible form of government, except for all the other forms of government (Winston Churchill).

    --
    it's = "it is"; its = possessive. E.g., it's flapping its wings.
  16. Re:Taking a hint from the last election by spiritplumber · · Score: 5, Funny

    No, the dog was securely strapped to the car's roof.

    --
    Liberty - Security - Laziness - Pick any two.
  17. Re:Taking a hint from the last election by AdamHaun · · Score: 5, Insightful

    Taking a hint from the last election, if the news outlets all say that Obama will win, then everybody will vote for Obama because everybody loves to vote for the winner.

    I know conspiracy theories are fun, but it is possible to measure this stuff. The aggregate polling data has pretty consistently shown Obama ahead for the entire election. The news media are currently overstating Romney's chances by calling it a toss-up (and indeed, they are still doing so). They had no qualms about reporting Romney's huge gains after the first convention. Poll aggregators have actually been drawing flack from mainstream pundits who like to pretend there's a neck-and-neck horse race when there isn't. The media's interest is in a close race where they have something to talk about.

    --
    Visit the
  18. Re:Everyone loves a winner. by ColdWetDog · · Score: 5, Funny

    Obama or Romney, doesn't matter. Drones and indefinite detentions for all suspects.. and the banks get all your money.

    In other news - aluminum foil manufacturers see bright future.

    --
    Faster! Faster! Faster would be better!
  19. Re:Everyone loves a winner. by evil_aaronm · · Score: 5, Insightful

    Agreed - "on offer" - but I wonder if Obama was all like, "I'm gonna come to Washington and kick. some. ass!" and then he found out that reality is different from idealism. Maybe it'll be different the second time around, and he'll actually deliver on the "change" promise, now that he doesn't have to worry about re-election. One can hope.

  20. I'm not that optimistic by Kupfernigk · · Score: 5, Insightful

    I identified the things that, if they happened to the US economy, would be a net benefit to the rest of the world. I do not expect that they will necessarily happen if Obama returns. But I can be fairly sure that under Romney the corporate rape of the American middle class would get worse, not better.

    --
    From scarped cliff or quarried stone she cries "A thousand types are gone, I care for nothing, no not one."
  21. Re:97.7% by daw · · Score: 5, Informative

    The 538 website publishes the marginal probabilities of each state's outcome. The random anonymous script that is linked in this story just takes the product of these to compute the joint probability of Obama winning a particular set of states. This is of course a mistake. The probability that Obama wins Pennsylvania and Ohio is not the product of the probability that he wins each state separately, unless those two events are statistically independent. Of course, in reality and in the 538 model, they are not -- if Obama loses Pennsylvania he is also more likely to lose Ohio. I think this mainly accounts for the difference between the 538 prediction and the "prediction" of the random anonymous crap that the story links.

  22. Re:Everyone loves a winner. by bravecanadian · · Score: 5, Interesting

    What's in it for the rest of the world if Obama wins?

    Lessee...

    1. 4 More years of bowing down to other powers in the world, and likely "Apology Tour II: This time we're REALLY Sorry".

    Pants on Fire. http://www.politifact.com/truth-o-meter/statements/2012/oct/17/mitt-romney/mitt-romney-says-barack-obama-began/

    2. Dragging the US down to the same socialistic level so many others in the world are mired in....misery loves company you know.

    Like Canada for example? You know the country everyone is currently ass kissing because we're in better fiscal shape than most? (Thanks Liberal Party)

    3. Even less of the American "We're #1" groupthink by the country.....so we can just become more meek, less competitive, and just follow the lead of the UN.

    I don't know about you but I don't think that if you're the best you need to pat yourself on the back about it all the time. That is called bragging and it gets kind of annoying.

    4. An even lower level standard of living for the US...meaning we consume less, leaving more oil for China.

    Probably true.. we're in a race to the bottom in the first world because the playing field isn't level. How is that Obama's fault again?

    5. The US 4 years closer to financial failure...and rebirth as God knows what...I didn't study as far into Saul Alinsky as those in the Obama administration has, but I think this likely is their early goals they are currently in the midst of establishing:

    It has been a long time coming. Sooner or later someone will be left holding the bag and be forced to use their political capital to make the cuts needed or at least rein things in to let growth make up the gap. Again, nothing to do with Obama unless you're going to blame the financial meltdown of the world on him personally.

    And I'm not even saying that Obama has done a great job but I think anyone who is reasonable has to agree he came into a heck of a situation.

  23. Re:Everyone loves a winner. by Jessified · · Score: 5, Interesting

    Arguably, the US president impacts the rest of the world a whole bunch more than it does US citizens.

    Your lives are run by your corporations. The rest of the world is impacted by your wars and international bullying. Therefore, you should vote for your corporations and we should vote for your president.

  24. Re:Taking a hint from the last election by h4rr4r · · Score: 5, Insightful

    More like grownups?
    Total refusal to compromise is acting like grownups.
    Not a one of their candidates said he would take a 10 to 1 ratio of budget cuts to tax increases.

    That is how a toddler acts, not a grownup.

  25. Re:Better... by theycallmeB · · Score: 5, Funny

    http://www.mittromney.com/
    Lots of information there on Romney's policies and ideas.
    Why not simply inform yourself, rather than repeat these tiresome and slanted charges planted in your mind by partisan news sources?

    Because if his website is anything like the public appearances of Romney himself, it changes content based on the state your IP address maps to.

  26. Re:Better... by artor3 · · Score: 5, Informative

    His plans, according to his own site, are to peg military spending to 4% of GDP (a $200B/yr increase), and slash taxes in a number of ways that add up to $500B/yr. He promises that he will pay for this $700B/yr deficit by closing loopholes, but steadfastly refuses to say which loopholes. He has offered one idea: capping deductions, which isn't a bad plan, but it won't come close to making up that $700B/yr gap.

    That's what people are talking about when they complain he won't share the details of the plan. He's happy to give out the good details: cut taxes here, spend money there. But he refuses to talk about how any of that will be paid for. That's worrisome.

  27. Re:Everyone loves a winner. by Maxo-Texas · · Score: 5, Informative

    Google for "Obama's list of achievements" and you'll be surprised.
    I know I was.

    I'm starting to think that Obama is ropa doping and not really crowing about accomplisments while actually getting a lot done despite opposition from the party of "no".

    Even this late in the game I was suprised to here that he put back in "paygo" in 2010.

    I felt like obama was ineffective and spineless but apparently he's just wily instead of "testosterone he man" like bush/cheney were.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  28. Re:As a Canadian by shutdown+-p+now · · Score: 5, Insightful

    I used to drive a car, and I almost died in one when it crashed! Cars are horrible things - I'm glad we still have horses!

  29. Re:Everyone loves a winner. by AlecC · · Score: 5, Interesting

    But that is politics today: Jean Claude Junker, PM of Luxembourg and longest serving Head of Government in a democracy: “We all know what to do, we just don’t know how to get re-elected after we’ve done it.”

    --
    Consciousness is an illusion caused by an excess of self consciousness.
  30. Re:Everyone loves a winner. by Relayman · · Score: 5, Informative

    We survived eight years of George W. Bush, you will survive eight years of Barack Obama.

    --
    If I used a sig over again, would anyone notice?
  31. Re:Everyone loves a winner. by Maxo-Texas · · Score: 5, Insightful

    Oh please. If Romney were elected it wouldn't be the end of the republic (tho he'd return to the rapid deficit spending increases we saw under bush and reagan based on his policies).

    When Obama is elected, it won't be the end of the republic either. Don't overreact.

    With opposite parties, spending will be held down.

    Obama has taken us from losing 800,000 jobs per month under Bush to creating about 150k jobs per month.

    And it doesn't matter who is president, the economy is going ot get much better (CBO and BLS project over 3% in 2015 and 2016) plus retiring/dying boomers are going to tighten up the job market tremendously (just retiring boomers alone are enough to lower us from 8% to 6%). BLS projects 10.6% more jobs but only 6.8% larger labor force by 2016.

    ---
    And the parent poster isn't a troll. He's just a republican who's overreacting a bit.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  32. Re:Who cares what "the world" thinks? by shutdown+-p+now · · Score: 5, Insightful

    On a pure geopolitical level, one would expect "other countries" citizens to hope that the guy will win who'll weaken the US as an international competitor.

    It may come as a surprise, but a good chunk of the world does not want a weak US. What it does want is a strong and friendly US. The guy who has a big stick, but uses it only when it's actually warranted, not just charging in shouting "yeee-haw!" at the nearest guy with villain-looking mustache. Obama has more or less provided that.

    Yet the last 4 years have been nothing if not the "US Apologia World Tour 2012" in which our president has repeatedly apologized for US conduct and stressed multilateralism - and I don't see that anything's really improved.

    That's because you haven't been looking. It has improved considerably compared to where it was with Bush, at least in Europe.

  33. Re:Everyone loves a winner. by h4rr4r · · Score: 5, Informative

    We have not had a left candidate that I can remember in my life. Surely not in the last decade.

    We have right and hard right. You can call that centrist if you like, but I will not.

  34. Re:Who cares what "the world" thinks? by slim · · Score: 5, Insightful

    I mean honestly, why would we?

    On a pure geopolitical level, one would expect "other countries" citizens to hope that the guy will win who'll weaken the US as an international competitor.

    Your problem is that you think of international relations as a zero-sum game. It's not. Everyone can have a better life, if our nations support each other. Obama seems to me more in favour of international cooperation than Romney.

  35. Re:Everyone loves a winner. by darkmeridian · · Score: 5, Insightful

    I believe that Obama naively did not expect the Republicans to dedicate themselves to stopping him from getting reelected. Right off the bat, they actually came out and said that their top political goal was to stop Obama from getting elected to a second term. Instead of trying to fix the economy, reform our banking system to become more robust, or to end the wars, the Republicans said that they were going to stop Obama from winning. Witness, the debt crisis.

    Also, I don't think anyone expected the Republicans to declare war on reality. The entire meme that there is a "liberal media" that is out to get them, and that Fox News is the only "real" media source is one of the greatest scams in political memory. Facts simply do not matter anymore. Obama is a secret Muslim! Obama hates America! The drones over Benghazi were armed and ready to shoot the bad guys but Obama stopped them from engaging! All the polls are skewed towards Obama, and Romney will definitely win by a landslide once you correct for the oversampling of Democrats! But if he loses, it's because of voter fraud!

    The right wing, driven by the Tea Party, has become so detached from reality that it has become a political threat to think. Pregnancy by rape is divine will! Really, that's insane.

    --
    A NYC lawyer blogs. http://www.chuangblog.com/
  36. Re:Everyone loves a winner. by JDG1980 · · Score: 5, Insightful

    Everyone I know who voted for him is dissapointed in him. He should be relatively easy to throw out of office.

    After the 1972 election, film critic Pauline Kael allegedly said that she couldn't believe that Nixon had won, since no one she knew voted for him. Though that quote is apparently apocryphal, it does accurately depict the hazard of judging a presidential contest on the basis of personal anecdotes rather than polls.

  37. Re:Everyone loves a winner. by NatasRevol · · Score: 5, Informative

    US voters get exactly the government they deserve.

    Jobs?

    According to the WSJ (not a left leaning publication), after fixing Bush's failings, jobs under Obama have been going up WHILE he's been reducing gov't head count.

    http://blogs.wsj.com/economics/2012/11/02/tallying-president-obamas-jobs-record/

    --
    There are two types of people in the world: Those who crave closure
  38. Re:Everyone loves a winner. by Ogive17 · · Score: 5, Insightful

    To to begin things, I did not vote for Obama 4 years ago, I voted for Nader. The main reason is that I did not believe the hype, therefore my expectations were not high.

    That being said, I'm going to vote for Obama tomorrow. I'm in Ohio and I think it's important my vote counts toward something that matters in this election. No, I'm not overly impressed with his resume but I think that has quite a bit to do with a hostile Republican controlled congress the last 2 years. They made their intentions very clear that their only goal was to make him a 1 term president. This lead to virtually nothing getting done the past two years other than something that benefits both parties, stripping away our rights.

    It's just that Romney and Ryan scare me. Putting them in office moves us that much closer to a Theocracy. Some of my friends give me a puzzled look when I tell them if I wanted my laws to be governed by what God said, I'd move to Iran.

    I hate not having a major candidate that represents most of what I believe and am definitely having to settle for Obama this campaign. It's more of a strategic move than anything else.

    --
    "Action without philosophy is a lethal weapon; philosophy without action is worthless."
  39. Re:Everyone loves a winner. by ubermiester · · Score: 5, Insightful

    Does everyone really have that short a memory?

    How about...

    • When Obama and Congressional leaders (from both parties) sat around and discussed "alternatives" to the healthcare overhaul which had already passed with a normal majority but was being held up by filibuster in the senate?
    • When the Senate minority leader Mitch McConnell saying that their top priority - in the face of crippling financial collapse caused in no small measure because of his own parties policies - was to "make him a one term president"? Which was then acted on...
    • When the House held up passing a quite standard extension to the debt limit in the hope of making Obama look weak and in favor of "increasing the debt" in the name of - as Paul Krugman puts it - summoning the confidence fairy? Which of course resulted in the rest of actually starting to question the ability of the US political system to deal with the problem.
    • When Tea Party affiliated candidates started turning the Republicans against themselves in the name of some idealized and quite fictional "good ol days" when the government didn't do anything more than ensure that the harbors were safe and contracts were enforced? The effect of which has been to scare all Republicans from being at all reasonable with regard to taxes?
    • When every single Republican candidate said they would not accept even a 10-1 ratio of tax cuts to new revenue?

    I can go on and on.

    Yes, Obama and his team have not done a good enough job explaining these things, which is why Bill Clinton's otherwise obvious logic had such an impact at the Democratic convention.

    Yes, there has been very little from Obama on what exactly he plans to do differently in the next four years - I think mainly because whomever wins will have to make difficult decisions and neither side is willing to "go first" and illustrate just how they would inflict the inevitable pain.

    Yes, the core of both parties are hopelessly corrupted by the now billions of dollars spent on elections.

    But just about every election is a choice between two flawed individuals. In this case I am going to choose the individual who seems most likely to do what he says and has some grounding the same kind of life I do. Obama has not lied per se. I believe he just greatly underestimated what he would face when he took office. In fact, NO ONE knew what he would face when he was nominated as the Democratic candidate, and very few really understood what he would face even as he was sworn in.

    The first term is always the learning period. I believe Obama has learned his lesson (in no small part because he has stopped talking uniting and started talking about getting things done). I believe he will make better decisions in the next four years, and I simply do not trust Romney to do the same.

  40. Re:We already have that. by microbox · · Score: 5, Interesting

    Given the degree of failure we see each and every time Keynesian economics is tried through history

    Through history? You mean, since the Great Depression.

    Sure the evidence is mixed -- like why was there such a huge boom after WWII when the government was repaying so much debt? But there is no conclusive evidence that macroeconomics is wrong, and there is inconclusive evidence that it does work. Such is the murky world of economics.

    Trickle-down economics, on the other hand, is known to be junk. We already have a glut of investment money waiting to be parked. Cutting taxes for the rich just allows them to concentrate more wealth and power, and it doesn't trickle anywhere.

    Read up on 19thC economic history for why we have the social and political reforms that we do. A true conservative would respect that those laws were put there for a reason, and what to know what those reasons are.

    --

    Like all pain, suffering is a signal that something isn't right
  41. Re:Everyone loves a winner. by Daetrin · · Score: 5, Interesting

    "After Obama Care .... you can't hardly blame them. Remember Obama didn't run on Obama Care, yet that was the first (and only) accomplishment of BHO."

    Er, wait, do you not remember the 2008 election, or do i not remember the 2008 election?

    *checks wikipedia* Okay, either you're confused, or wikipedia is lying (always a possibility.)

    "Since announcing his presidential campaign in February 2007, Obama emphasized withdrawing American troops from Iraq, increasing energy independence (that includes New Energy For America plan[40]), decreasing the influence of lobbyists, and promoting universal health care as top national priorities."

    So he spent all his political capital during the 2 months when the Democrats had a majority of both houses pushing through Obama Care, which was one of his platform positions during the election.

    "Passed without any Republican help (he didn't want any help)"

    Say what? He did it without any Republican help because the Republicans adamantly refused to cooperate with the Democrats on pretty much anything. I'm not sure where you get the idea that he didn't want Republican support. I'm sure he would have loved to get Republican support instead of having to ram it through. (He may certainly have said he didn't _need_ the help, which was A: more or less true, and B: the kind of thing you say when you know you're not going to get any help anyways.)

    So yes i'm pissed that Obama didn't manage to get _more_ of his election promises fulfilled, but i'm just as pissed at the Republicans for being willfully obstructionist to any plan that might possibly help as i am at the Democrats for not being more effective at getting around the Republican obstructionism.

    Of course i knew going in that there was no way Obama was going to be able to deliver all the Change he promised, but he was still better than the alternative then, and he's still better than the alternative now, and no way in hell am i going to reward the Republicans for trying to hold the country hostage in order to achieve their wacko ideological goals.

    --
    This Space Intentionally Left Blank
  42. Exactly! by Weaselmancer · · Score: 5, Insightful

    I don't think Obama knew how polarizing of a figure he would be. Republicans never like a Democrat, but they positively hate Obama. He didn't anticipate the lengths they would go to make his presidency look weak. Like blocking the Veterans Jobs Bill.

    It takes a lot of chutzpah to say that military spending is ok and shouldn't be defunded, start two wars under the last Republican president, and then block a bill to take the survivors of those very same wars and deny them aid. And then claim Obama isn't keeping his promises!

    It honestly boggles me how anyone can vote for these people.

    --
    Weaselmancer
    rediculous.
  43. honestly Barry didn't deserve it by Anonymous Coward · · Score: 5, Insightful

    Dude... they gave him a Nobel Peace Prize in 2009 just for not being George W Bush .

    Think about that.
    The guy fucked everybody's shit up so much that they gave some other guy a Nobel Peace Prize just for not being him.

  44. Re:We already have that. by vakuona · · Score: 5, Informative

    Keynesianism makes sense. There are times when you need to short circuit the economy to get it moving again. The government needs to put money into people's hands, and rather than just handing it out, why not spend on some infrastructure projects to achieve the upgrading of critical national infrastructure and to get money in people's hands so they can spend.

    Of course, there are limits to how much of it you must do before it becomes damaging, but you could say the same about anything really. They key is to make sure that you bank some in the good years (paying down the debt) so that in the bad times, you have good headroom to be able to stimulate the economy.

    Guess what the Republicans did during the boom years? The Republican party is not the party of the responsible! They are the party of the tough talkers though!