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kane

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#16

01-10-2015, 08:01 PM

Originally posted by Vendzilla

While i agree, i also love to prove the Obama cheerleaders wrong.

I blame NAFTA for jobs moving overseas

Obama hasn't done shit for problem of unemployment.

Stimulus was what 800 billion? Where are those jobs he promised?

Like I said, this is a culmination of 20 years of bad policies finally coming to fruition and NAFTA is one of them. Republicans and democrats are both to blame. I know you drop everything on Obama's lap and he is part of the problem for certain, but it isn't all his fault. There was likely little he could have done to actually turn the economy around.

The current climate in DC is so toxic that getting anything done is nearly impossible these days.
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RummyBoy

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#17

01-10-2015, 08:27 PM

Originally posted by Milfer

Barack Obama is going "Good" can't we re elect him 3rd time?

Exactly, and expect to see more dodgy numbers as we approach the election because its only the incumbent that has the power to do that. Then you consider the low level of labour participation, the people holding multiple jobs, the massive number (around 50 million) on food stamps. I think there's a whole load of other things that people in US consider also...... what things? (I forgot)

These days most people will believe what they get from their government and the media but its one in the same. Blogs and people like Tyler (ZeroHedge) and John Williams (ShadowStats) are much better sources.....

Ferguson is the kind of example of discontentment which explodes for a given reason, covering up a another reason (a poor economy) which usually hits the poorest first. It's like if you've had a bad day and you come home and you have a row with your wife over a small issue because you're pissed off about something else in your life. Why take it out on her?
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RummyBoy

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#18

01-11-2015, 07:39 AM

This guy (former CNN) puts it well at 10:20
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dyna mo

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#19

01-11-2015, 08:07 AM

Originally posted by Rochard

And?

Our population is getting older; Less of our population is looking for employment.

this is just simply not true.

while population is getting older, they are an increasing % of the workforce especially compared to younger.

Older Workers: BLS Spotlight on Statistics
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Vendzilla

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#20

01-11-2015, 09:26 AM

Originally posted by kane

Like I said, this is a culmination of 20 years of bad policies finally coming to fruition and NAFTA is one of them. Republicans and democrats are both to blame. I know you drop everything on Obama's lap and he is part of the problem for certain, but it isn't all his fault. There was likely little he could have done to actually turn the economy around.

The current climate in DC is so toxic that getting anything done is nearly impossible these days.

I don't put it all at Obama's feet, I just get tired of the Obama Cheerleaders thinking that just because the unemployment rate is down, their king Obama should be praised, when the economy is doing shit.

Reagan had it worse than Obama on economy and not only did he lower the unemployment rate, but the work force grew at a huge rate and the median wage went up $4000 a year. Obama should have looked at what he did to accomplish that instead of spending so much fucking time lying about how Obamacare will save us all!

And these fruit bats in this thread still believe his lies, which is just amazing!

Webair died?
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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kane

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#21

01-11-2015, 11:19 AM

Originally posted by Vendzilla

I don't put it all at Obama's feet, I just get tired of the Obama Cheerleaders thinking that just because the unemployment rate is down, their king Obama should be praised, when the economy is doing shit.

Reagan had it worse than Obama on economy and not only did he lower the unemployment rate, but the work force grew at a huge rate and the median wage went up $4000 a year. Obama should have looked at what he did to accomplish that instead of spending so much fucking time lying about how Obamacare will save us all!

And these fruit bats in this thread still believe his lies, which is just amazing!

The difference is that when Reagan was in office he wasn't facing NAFTA and 20 years of bad policy making. The recession hit and when we started to rebound companies that were paying decent wages here in the US re-opened and ramped back up, but they did it overseas. Reagan had the luxury of having companies actually rebuild in the US.

I read not too long ago that when the recession hit 20% of the jobs lost came from the higher paying range of $25+ per hour. 20% came from the lower paying jobs of $13/hr or less and 60% came from the mid range paying jobs of $14-$24/hr. During the recovery 20% of the jobs created come from the higher paying range, 20% from the mid range and 60% are lower paying jobs. This is because those companies that create the mid paying jobs left the country. That is the result of 2+ decades of bad policymaking. does Obama deserve some of the blame? Sure, but he is not solely to blame.

Of course it doesn't help that after the initial bailouts/stimulus the republicans filibustered every single bill that had anything to do with the economy that was put forth by the democrats.
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Vendzilla

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#22

01-11-2015, 11:28 AM

Originally posted by kane

The difference is that when Reagan was in office he wasn't facing NAFTA and 20 years of bad policy making. The recession hit and when we started to rebound companies that were paying decent wages here in the US re-opened and ramped back up, but they did it overseas. Reagan had the luxury of having companies actually rebuild in the US.

I read not too long ago that when the recession hit 20% of the jobs lost came from the higher paying range of $25+ per hour. 20% came from the lower paying jobs of $13/hr or less and 60% came from the mid range paying jobs of $14-$24/hr. During the recovery 20% of the jobs created come from the higher paying range, 20% from the mid range and 60% are lower paying jobs. This is because those companies that create the mid paying jobs left the country. That is the result of 2+ decades of bad policymaking. does Obama deserve some of the blame? Sure, but he is not solely to blame.

Of course it doesn't help that after the initial bailouts/stimulus the republicans filibustered every single bill that had anything to do with the economy that was put forth by the democrats.

I'm all for the republicans blocking more stimulus, it was about 800 billion dollars and didn't do what it was promised to do.

As far as what Reagan had against him, he had to repair all the shit Carter left behind and there was a lot.

Webair died?
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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kane

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#23

01-11-2015, 11:38 AM

Originally posted by Vendzilla

I'm all for the republicans blocking more stimulus, it was about 800 billion dollars and didn't do what it was promised to do.

As far as what Reagan had against him, he had to repair all the shit Carter left behind and there was a lot.

The republicans didn't block the stimulus, they authored most of it under Bush. They blocked everything Obama and the democrats did after that.

Sure, Reagan had to fix Carter's mess, but like I said, when companies came back online and started growing again they were't leaving the country like they are now because Reagan was't facing an environment that made it better for companies to work offshore than create jobs in the US.
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Robbie

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#24

01-11-2015, 11:42 AM

I'm not of the belief that Carter "made a mess".

OPEC caused a gas shortage by cutting back production which all but destroyed the U.S. economy.

For whatever reason, Carter's failure was his inability to get OPEC to go back to their higher production levels.

And for whatever reason...they did just that while Reagan was in office.

Lower fuel prices always stimulate the economy (just like it's doing right now)

-Robbie
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Quine

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#25

01-11-2015, 11:50 AM

Here's a excerpt from the Economics in One Lesson (by Henry Hazlitt):

The Fetish of Full Employment

The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor. It is for this reason that men began putting burdens on the backs of mules instead of on their own; that they went on to invent the wheel and the wagon, the railroad and the motor truck. It is for this reason that men used their ingenuity to develop 100,000 labor-saving inventions.

All this is so elementary that one would blush to state it if it were not being constantly forgotten by those who coin and circulate the new slogans. Translated into national terms, this first principle means that our real objective is to maximize production. In doing this, full employment?that is, the absence of involuntary idleness?becomes a necessary by-product. But production is the end, employment merely the means. We cannot continuously have the fullest production without full employment. But we can very easily have full employment without full production.

Primitive tribes are naked, and wretchedly fed and housed, but they do not suffer from unemployment. China and India are incomparably poorer than ourselves, but the main trouble from which they suffer is primitive production methods (which are both a cause and a consequence of a shortage of capital) and not unemployment. Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself. Hitler provided full employment with a huge armament program. The war provided full employment for every nation involved. The slave labor in Germany had full employment. Prisons and chain gangs have full employment. Coercion can always provide full employment

-I can't quantify my hatred of the State. Preferences are ordinal.

-The absolute ruler may be a Nero, but he is sometimes Titus or Marcus Aurelius; the people is often Nero, and never Marcus Aurelius.
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nico-t

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#26

01-11-2015, 11:54 AM

Originally posted by 12clicks

I thought all of the dumb were squeezed out of the biz

you're still here
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nico-t

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#27

01-11-2015, 11:58 AM

Originally posted by Vendzilla

I'm all for the republicans blocking more stimulus, it was about 800 billion dollars and didn't do what it was promised to do.

As far as what Reagan had against him, he had to repair all the shit Carter left behind and there was a lot.

you look at politics like a supporter of a sports team, it's pretty sad.
"ma team better than yours, eveything ma team does is good, ur team fucks it up"
ignorance is bliss i guess.
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Vendzilla

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#28

01-11-2015, 12:23 PM

Originally posted by nico-t

you look at politics like a supporter of a sports team, it's pretty sad.
"ma team better than yours, eveything ma team does is good, ur team fucks it up"
ignorance is bliss i guess.

This just shows you how FUCKING STUPID you are by not reading anything I say, just making a STUPID comment from your hip like most STUPID people do.

I don't give a RAT's ass about one political party over the other, I don't like the PRESIDENT, it's STUPID people that can't comprehend that some people just don't like the president, not because he's black, not because he's a democrat, but because he's a bad leader.

My synopsis of your grasp of the subject at hand which as shown by your participation and lack of comprehension is that you have all the Intelligence Quotient of a Walmart greeter that was hired from the short bus.

I will even explain it in more detail, Intelligence Quotient is a mathematical equation that uses your Mental Age and divides it by your Chronological age, thereby giving you your IQ. Which I am lead to believe your mental age is that of about 15, given I don't know your chronological age, I am of the belief your IQ is right around 70, just enough to be able to tie your shoes with 3 tries.

Webair died?
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Vendzilla

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#29

01-11-2015, 12:39 PM

Originally posted by Robbie

I'm not of the belief that Carter "made a mess".

OPEC caused a gas shortage by cutting back production which all but destroyed the U.S. economy.

For whatever reason, Carter's failure was his inability to get OPEC to go back to their higher production levels.

And for whatever reason...they did just that while Reagan was in office.

Lower fuel prices always stimulate the economy (just like it's doing right now)

I was off the coast of Iran in the last few months of the Carter administration, Carter had ZERO effect in that matter and Reagan took office and we all went home.

Inflation was terrible under Carter as well and yes Reagan got OPEC to produce more which killed the USSR economy, just like lower prices are doing now to Russia. Do you remember the price freeze that Carter did? I don't agree with everything that Reagan did, but the US was in a lot better place when we got him in office.

Also under Carter we had gotten way behind in military technology. Reagan fixed that. Our fleet was in really bad shape! Carter cut the military budget 6 billion in his first month of office.

And as far as Opec I believe, the embargo was put in place because of the US giving Israel weapons, then the government put in regulations on the oil industry. Reagan got rid of those regulations which got the production back up and gas prices down

Webair died?
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Buff

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#30

01-11-2015, 01:17 PM

Originally posted by crockett

Doom & Gloom we can always count on the GFY conservatives for Doom & Gloom in light of good news..

Uh... 1st, I am not a conservative.
2nd, calling this good news would be like traveling to Zimbabwe and exchanging $10 for 3.6 million Zimbabwe dollars and thinking you're rich.

The problem with leftists is that they have no understanding of economics, accounting, or finance.
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