tag:blogger.com,1999:blog-1559661241465229945.post5854239431575916207..comments2023-10-20T10:22:39.636-04:00Comments on Workingclass Conservative: Commodities Prices Pointing Toward a Coming Recession???JMKhttp://www.blogger.com/profile/14281344324964417974noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1559661241465229945.post-44947173011646852082008-07-21T12:45:00.000-04:002008-07-21T12:45:00.000-04:00I don't expect the Liberals to acknowledge any...I don't expect the Liberals to acknowledge any such thing, although the MSM has been as critical of Liberals when in office as Conservatives.<BR/><BR/>Even Nixon was never savaged as much as Carter was at least for ineptitude and the "economic malaise."<BR/><BR/>Sure, Nixon didn't have those problems, but he was paranoid and he was a Keynesian (socialist) - "wage & price controls," etc.<BR/><BR/>I think some hard times are inevitable. Supply Side (market-driven_ policies have been so successful, that an entire generation has come to take them for granted and it seems that they most learn the painful lessons of the 1970s all over again.<BR/><BR/>The Dems control Congress and seem poised to let the Bus "across the board" tax cuts expire and that along with a rising Cap Gains hike will surely both reduce investments and tax revenues.<BR/><BR/>Hopefully, it will be a short, painful lesson for us all.<BR/><BR/>That seems the best we can hope for.JMKhttps://www.blogger.com/profile/14281344324964417974noreply@blogger.comtag:blogger.com,1999:blog-1559661241465229945.post-61796207590447702222008-07-19T18:26:00.000-04:002008-07-19T18:26:00.000-04:00Great points and I heartily agree. BUT, as we are...Great points and I heartily agree. BUT, as we are already in a "recession by popular decree" based upon air, rather than facts, why should we have any expectation of liberals giving recognition to anything else that is reality based? <BR/><BR/>Look at the last few days declining oil prices, for example, beginning when Mr. Bush <I>approached the podium</I> to make his speech last Monday. Yesterday, I watched a Dem repeatedly deny that the actual drilling for oil in the OCS would have "any effect whatsoever" on the price of oil "for many years to come". The interviewer (I got to find that video) kept pointing out that the mere mentioning of the lift of the drilling ban by the Prez. had caused the speculators to begin pulling their investments in futures, resulting in the largest four day drop of oil pricing in history. He frustratingly continued to deny this plain fact and returned to backing a feel good release of our strategic oil reserves... all this as Israel prepares to bomb the crap out of Iran... a coming REAL emergency.<BR/><BR/>These people are simply agenda driven, power mongering imbeciles. Facts mean absolutely nothing to them.defiant_infidelhttps://www.blogger.com/profile/12441668305187881824noreply@blogger.com