Bloomberg says Repubs think economy is good, Dems think it's bad

[Bill]

I find myself ever more interested in the cognitive, neural, and morality/worldview differences between republicans and democrats.

"Sept. 12 (Bloomberg) -- Americans' views of the economy reflect how they vote, not where they live, according to a new Bloomberg/Los Angeles Times poll of three states that have early presidential contests next year.

Republicans and Democrats in New Hampshire, Iowa and South Carolina have different views on the state of the economy and what should be done to make it better, the poll found. More than six in 10 voters in the three states who plan to participate in their Democratic primary said the economy is doing badly, while about eight in 10 Republican voters in each of the states said it's doing well. Democrats in all three states ranked the economy higher as an election issue than did Republicans.

A majority of Republicans in the three states want tax cuts to stimulate U.S. economic growth, which is expected to slow later this year, while even larger margins of Democrats would prefer education and health spending. "

http://www.bloomberg.com/apps/news?pid=20601070&sid=aU9OMJ2YdBc0&refer=home

[disrupter]

For the ultra-rich & corrupt government connected the economy is very good.
Money for the Republican Mafia is flowing.

For working Americans, the economy is not so good.
No net gain in wages over inflation.
Gas prices are rising,
their major asset, their home, is losing value,
as interest rates on all their borrowed money is rising.
Healthcare costs are rising out of sight.

of course it doesn't look very good to them.

[Bill]

I wonder if the difference is that republicans have a short term view of the economy, while democrats are thinking long term.

I look at our economy and I see a national disaster in the offing - we've moved all manufacturing to other countries, our major exports are entertainment, farm products, and financial services, our debt is massive and getting worse constantly, our dollar is less than half it's former value, and we are bifurcating into a society of financiers and retail laborers.

But republicans see the same thing, and feel it's just fine, and are just happy that the massive influx of defense spending in the economy is making them richer for the moment.

Republicans don't believe in peak oil, and seem to believe the oil is forever. And they seem to like the bifurcation of society and the end of manufacturing.

And the only thing they seem to care about american farms and food security is wether or not Archer Daniels Midlands stock is doing well.

I think the difference in the idea of what constitutes national security is fascinating.

[Bill]

The other possibility, of course, is that the republicans are lying about the economy, just to try to hold onto power so they can attack gay marriage.

Perhaps their "purity" morality holds them so powerfully they'll hurt themselves in economic security in order to keep sodomites from living without fear of persecution?

[Bill]

Oh, for major exports, I forgot weapons.

We still do sell some of the most sought weapons in the world.

We're starting to get some stiff competition, tho.

Here's what the wiki says:

Exports $1.024 trillion (2006 est)
Export goods agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2003)

Main export partners Canada 23%, Mexico 14%, Japan 6%, Mainland China 6%,[8] United Kingdom 3.5%

Imports $1.869 trillion (2006 est)
Import goods agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2003)

[psikeyhackr]

Our concept of the economy is business activity. Do you ever hear a statistic on how many Americans have their homes payed for?

Double entry accounting is 700 years old.

http://www.ivcc.edu/steljes/GeneralPages/Links/accounting_history_in_a_nutshell.htm

Shouldn't it be pretty easy with the cheap computers we have had for the last 20 years? Do you hear Republicans or Democrats saying computerized accounting should be mandatory in the schools so all of the workers can track their NET WORTH?

http://www.bsu.edu/news/article/0,1370,-1019-11714,00.html

Of course it doesn't make sense to buy a $3000 laptop computer in order to lose $2000 in depreciation in 2 years. :disbelief:

psik