ChesusRice
Well-Known Member
[video=youtube;vimZj8HW0Kg]http://www.youtube.com/watch?v=vimZj8HW0Kg[/video]
Over the cliff we go!
- Thread starter Red1966
- Start date
cannabineer
Ursus marijanus
I do not think that is the best take on "going green". cn
Harrekin
Well-Known Member
U6 unemployment rate is going up, I know it's not the standard metric used but it shows that those people are either giving up looking for work or they've taken work but are "under employed".
Lets take the "don't count us out" and the emotion out of the discussion, a true Patriots duty is to see and point out the failings of their Country.
Harrekin
Well-Known Member
Our equivalent U6 unemployment rate is 4% lower than yours.
ChesusRice
Well-Known Member
u-6 unemployment has the same ratio now as it did 6 years ago
and what it does reflect is all the baby boomers retiring. Baby boomers are all those kids born right after we bailed your asses out of world war 2
UncleBuck
Well-Known Member
does that mean implementing contractionary fiscal policy that will take us back into recession?
Harrekin
Well-Known Member
Ok Ill simplify it for you:
Sudden and dramatic cuts=Bad
Targeted and gradual cuts=Good
cannabineer
Ursus marijanus
The alternative is Keynesian, and that drug has been used so much the patient has developed quite the tolerance. Drug supply issues appear. Jmo. cn
Harrekin
Well-Known Member
We've cut spending 9% in 4 years and will have a balanced budget next year with a growing economy.
Buck refuses to admit Obamas way isn't working, but Obama insists on "Staying the course".
What other president famously said that over and over again?
ChesusRice
Well-Known Member
You are ignoring reality if you say it isnt working
My employment and my retirement account says you do not know what you are talking about
Harrekin
Well-Known Member
Quantative data suggests your "perspective" is wrong.
And I'm the one not living in reality?
cannabineer
Ursus marijanus
If I weren't a mod I'd be Down with that. cn
Harrekin
Well-Known Member
It'll be interesting to see the Liberals telling us it's working when the debt hits $20 trillion...then will be the perfect time for me to strike and call MANY people retarded
Liberal Logic: The credit card is maxed out so lets get another one to try pay back the previous ten, then when that's maxed out we'll get another one.
The Bank of China is always open.
UncleBuck
Well-Known Member
It'll be interesting to see the Liberals telling us it's working when the debt hits $20 trillion...then will be the perfect time for me to strike and call MANY people retarded
Liberal Logic: The credit card is maxed out so lets get another one to try pay back the previous ten, then when that's maxed out we'll get another one.
The Bank of China is always open.
reminiscent of more guns being the answer to too many guns.
japan isn't on fire, i'm not worried.
Harrekin
Well-Known Member
How do you expect to pay back 16 trillion when you're still running such a GAPING deficit? And now Barry O wants a new credit card to add to it even more? He's supposed to be a leader, not a follower.
Seriously Buck, lets have a real conversation, cos at the minute Obama is just following Bush's lead (whom you all claim to hate so much).
When is he actually going to do something to change it? He's been dragging his feet for 4 years now.
ChesusRice
Well-Known Member
[h=1]House approves fiscal cliff bill[/h][h=1]Senate bill gets OK without changes[/h]
The House voted 257-167 to pass a last-ditch Senate compromise to avert the fiscal cliff. LIVE BLOG | FULL STORY
The House voted 257-167 to pass a last-ditch Senate compromise to avert the fiscal cliff. LIVE BLOG | FULL STORY
ChesusRice
Well-Known Member
With the end of fiscal year 2012, the Congressional Budget Office announced the 2012 federal budget deficit: $1.1 trillion. Taken purely at face value, this number is enormous. Yet every Democrat, and especially the Obama campaign, ought to be telling anyone who will listen: Not only has the president cut the deficit by $312 billion during his first term (so far), but he's cut the deficit by $200 billion in the past year alone. And the CBO projected that the 2013 Obama budget, if enacted as is, would shrink the deficit to $977 billion -- a four year total of nearly $500 billion in deficit reduction.
Okay, yeah, I get it. It's risky to mention the deficit, but not when you couch it in math and the facts.
As I've documented before, the CBO reported in January, 2009 that the federal budget deficit for that fiscal year, which began on October 1, 2008, was already $1.2 trillion. President Obama's additional '09 spending added another $200 billion to the deficit, bringing the total to $1.412 trillion. Unprecedented and huge, but given the enormity of the financial crisis and the depth of the recession, there weren't many other options on the table. Add two wars into the mix and there you go.
Harrekin
Well-Known Member
So they bought time, not a solution.
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