The Disappearing Recovery

[Hot Mega]

Obama’s 2009 economic stimulus, a favorite target of Republicans who blame Democrats for the mounting debt, has added $719 billion-6 percent of the total shift, according to the new analysis of CBO data by the nonprofit Pew Fiscal Analysis Initiative. All told, Obama-era choices account for about $1.7 trillion in new debt, according to a separate Washington Post analysis of CBO data over the past decade. Bush-era policies, meanwhile, account for more than $7 trillion and are a major contributor to the trillion-dollar annual budget deficits that are dominating the political debate.

GOPers desperately need to have the stimulus be perceived as a failure since not a single GOP member of the house voted for it and only 3 GOP Senators voted for it.

IMO the stimulus, banking bailouts and auto bailouts saved the economy from totally imploding and hemorrhaging jobs and revenue..at near Depression era rates.

Without them, u/e would still be in double digits IMO.

What else are they going to say or do but :flame: the economy, Obama and Dems....until someone points out that over the same time in Reagan's first term, his numbers were worse...:elaugh:

They've created and fomented this Tea Party sham and now they need to play it for all it's worth....facts be damned.

 

[Jagger69]

The Democratic policies are to blame.

GOPers desperately need to have the stimulus be perceived as a failure since not a single GOP member of the house voted for it and only 3 GOP Senators voted for it.

They've created and fomented this Tea Party sham and now they need to play it for all it's worth....facts be damned.

Fucking Nobama can only lay blame. He doesn't offer any tangible solutions.

Ahem...please pardon the interruption to the 2,343rd partisan American political debate thread that has been started on this forum....

I'm no Obama apologist but to lay the blame on him while giving a hall pass to the "do nothing" republicans is simply a partisan smokescreen. They are every bit as responsible and as much to blame as Obama and the dems for the present mess in which we find ourselves.

Wake the fuck up, people. Let's face it....our political system has morphed our government into some bizarre caricature of itself that cannot agree nor compromise on anything and cannot (or will not) get anything done....period. In the meantime, those in power are quite content for us to be primarily preoccupied by debating amongst ourselves about who is to blame instead of insisting that they fulfill their promise to us when they took the oath of office. It's a classic case of divide and conquer and it's working extremely well.

Under the present state of affairs, I ask you to please consider this line of reasoning proposed over 2 hundred years ago from some guy named Jefferson:

....That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

It's time for a new government, folks. This one ain't working....and I mean that literally once August 2 has come and gone if (or perhaps more inevitably appropriate, as) this nonsense continues.

OK, now back to the original redundant and pointless partisan debate about who is to blame....please continue....

:horse:

 

[Straight Shooter]

Ahem...please pardon the interruption to the 2,343rd partisan American political debate thread that has been started on this forum....

I'm no Obama apologist but to lay the blame on him while giving a hall pass to the "do nothing" republicans is simply a partisan smokescreen. They are every bit as responsible and as much to blame as Obama and the dems for the present mess in which we find ourselves.

Wake the fuck up, people. Let's face it....our political system has morphed our government into some bizarre caricature of itself that cannot agree nor compromise on anything and cannot (or will not) get anything done....period. In the meantime, those in power are quite content for us to be primarily preoccupied by debating amongst ourselves about who is to blame instead of insisting that they fulfill their promise to us when they took the oath of office. It's a classic case of divide and conquer and it's working extremely well.

Under the present state of affairs, I ask you to please consider this line of reasoning proposed over 2 hundred years ago from some guy named Jefferson:



It's time for a new government, folks. This one ain't working....and I mean that literally once August 2 has come and gone if (or perhaps more inevitably appropriate, as) this nonsense continues.

OK, now back to the original redundant and pointless partisan debate about who is to blame....please continue....

:horse:

Jefferson also believed that the constitution should be rewritten every 19 years, which I kind of agree with.
http://news.illinois.edu/news/07/0212constitution.html

 

[luvtheladies]

Fucking Nobama can only lay blame. He doesn't offer any tangible solutions.

Please. All the GOP does is point fingers. They have no real solutions and they are doing all they can do delay recovery so they can get their grubby little hands on the White House.

Man, Bush really fucked us over. And we're still paying for it today. I wish Obama could bring us out of it but the GOP have made the political environment so TOXIC that nothing will get done.

 

[Hot Mega]

Ahem...please pardon the interruption to the 2,343rd partisan American political debate thread that has been started on this forum....

Jag..partisanship and politics isn't the problem some of you seem to think it is. Partisanship and politics is the way either side gets the people who claim to be in the middle of the road who don't care enough to follow issues closely off the sidelines and choose a point to support.

Incorrigibility and extremism in politics and apathy in the electorate are the real problems not partisan rancor or battling on political terms.

But since you brought it up....what form of g'ment are you in favor of tossing this one out in favor of?

And, "I don't know but this one doesn't work." doesn't answer the question.

You have to realize...it's is in the interests of some to create this perception of a broken g'ment. The g'ment isn't broken....what's broken is an electorate too lazy and to follow who, said, did and does what in their g'ment...Then comes out from the sidelines on occasion to protest the broken g'ment.

What's broken is an electorate so lazy and ignorant that it doesn't stay on top of those it elects to do what it is they elected them to do.

In light of that reality what do you suggest... a form of g'ment that takes control away from an apathetic, disengaged, lazy, ignorant electorate?

The politicians just play to that reality.

 

[Straight Shooter]

Wow,check out this graphic. In 2000, the United States had $3.4 trillion in debt held by the public. Based on policies in place at the time, the Congressional Budget Office projected in 2001 that the country could pay off its debt by the year 2008 and by 2011 have a $2.3 trillion surplus. We could've had a budget surplus by now
http://www.washingtonpost.com/business/economy/from-surplus-to-debt/2011/04/30/AFrYNfNF_graphic.html

 

[Hot Mega]

Wow,check out this graphic. In 2000, the United States had $3.4 trillion in debt held by the public. Based on policies in place at the time, the Congressional Budget Office projected in 2001 that the country could pay off its debt by the year 2008 and by 2011 have a $2.3 trillion surplus. We could've had a budget surplus by now
http://www.washingtonpost.com/business/economy/from-surplus-to-debt/2011/04/30/AFrYNfNF_graphic.html

Dude...stop it. You know Iraqi oil was supposed to pay for the wars. So much so that we could cut taxes and prosecute them at the same time.

But that would be "blaming Bush" wouldn't it?? As if we should be blaming Barney.

 

[Trident1]

Wow,check out this graphic. In 2000, the United States had $3.4 trillion in debt held by the public. Based on policies in place at the time, the Congressional Budget Office projected in 2001 that the country could pay off its debt by the year 2008 and by 2011 have a $2.3 trillion surplus. We could've had a budget surplus by now
http://www.washingtonpost.com/business/economy/from-surplus-to-debt/2011/04/30/AFrYNfNF_graphic.html

Hmmmm. Did the CBO also predict 9/11 and the Islamists war against the West?

 

[Hot Mega]

Hmmmm. Did the CBO also predict 9/11 and the Islamists war against the West?

Would that be relevant or as significant if we'd just paid for the ensuing conflicts with generated revenue or even repealed egg-tra until we understood the fiscal impact?

Point being is if we were being fiscally aware what you cite wouldn't matter. Just because 9/11 happened and we engaged in wars doesn't mean our debt has to go up or we have to put the entire endeavor on the company credit card.

I'll make a prediction; Trident will now sidestep the question and respond with something totally irrelevant to the point, if at all.

 

[Straight Shooter]

Hmmmm. Did the CBO also predict 9/11 and the Islamists war against the West?

Umm no because the CBO deals with economic data, hence the name Congressional Budget Office

 

[Trident1]

Umm no because the CBO deals with economic data, hence the name Congressional Budget Office

No shit Sherlock. I'll repeat what I wrote earlier. Did the CBO foresee events(9/11, Iraq conflict Afghanistan etc etc) that would negate their predictions? Of course not.



Try and keep up dude.

 

[Hot Mega]

Umm no because the CBO deals with economic data, hence the name Congressional Budget Office

No shit Sherlock. I'll repeat what I wrote earlier. Did the CBO foresee events(9/11, Iraq conflict Afghanistan etc etc) that would negate their predictions? Of course not.



Try and keep up dude.

Husband and wife Doe are living comfortably with their finances and budget.

Husband comes home to his wife....wife announces to him with glee, 'we're going to have a baby (while jiggling a stick soaked with pee). Hubby jumps for joy then instantly begins to think about preparing for their new little boy.

Hubby puts off hunting trip to Utah and thoughts on buying a hot rod and even picks up a part-time job.

Wife puts her pottery lessons on hold and suspends adding more crystal elephants to her collection fold.

As a result when the baby stork delivers little Johnny...the financial goals and plans the Does had before baby John don't miss a beat and their dough is in just as good a shape as it was before the little addition.

 

[Straight Shooter]

Deficits don't matter

 

[Hot Mega]

Deficits don't matter

Yeah..that was a good one too.

John and Jane determined to turn little Johnny into a 'spoilt' little brat...accede to his every whim. Soon their $8000 combined monthly income is eclipsed by their $10000 monthly expenses.

They cover the $2K deficit with their credit cards and personal line of credit. Tax season rolls around and they go see their regular guy at H&R Crock to see how much they're 'getting back'. Their tax guy looks over their finances and wonders why they're not flush and why they have so much debt and finds that they're running a $2K shortfall every month. He says to them, unless you find a way to cut or cover this deficit you guy's are going to end up bankrupt.

To this Jane says to their tax guy, 'Cheney said Reagan proved deficits don't matter'.

Tax guy:

 

[Trident1]

John and Jane wake up to realize that "change" is all they have left in their bank account. They've lost "Hope" now they "Cope".

 

[PlasmaTwa2]

They've lost "Hope" now they "Cope".

Are you one of those rapping performers I have heard so much about?

 

[Hot Mega]

John and Jane wake up to realize that "change" is all they have left in their bank account. They've lost "Hope" now they "Cope".

It would be because of their own undisciplined spending habits..because with their income, they would have gotten a tax cut under Obama....

So the only 'change' they would be experience is more money to waste.:2 cents:

Are you one of those rapping performers I have heard so much about?

'dent woke up on the bottom half of the bed and now he's channeling Jesse Jackson....cut him some slack, it's been a rough couple of threads for him.

 

[bustybbwlover]

if trident is channeling jesse jackson, hell has most definitely frozen over

 

[Trident1]

It would be because of their own undisciplined spending habits..because with their income, they would have gotten a tax cut under Obama....

So the only 'change' they would be experience is more money to waste.:2 cents:



'dent woke up on the bottom half of the bed and now he's channeling Jesse Jackson....cut him some slack, it's been a rough couple of threads for him.

Undisciplined spending habits...............puhlease. :rofl2:



Meg aka Chip Diller everyone:

http://www.youtube.com/watch?v=zDAmPIq29ro&feature=related

 

[Hot Mega]

Undisciplined spending habits...............puhlease. :rofl2:



Meg aka Chip Diller everyone:

http://www.youtube.com/watch?v=zDAmPIq29ro&feature=related

Uh...so does this support of refute the point made in the post you're 'addressing'?

'dent aka don't annoy me with no stinking common sense nor facts...