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Thread: Horror for US Economy as Data Falls off Cliff

  1. #11
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by Deuce View Post
    Yeah, I mean man, look at all those extra taxes I've been made to pay since Obama took off-

    Oh wait.
    Oh, wait folks, Deuce didn't have "any extra taxes", so obviously it must be Bush's fault.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  2. #12
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    Re: Horror for US Economy as Data Falls off Cliff

    Rather Obama than an ignorant red neck i tell you that! Even though i hate Democrats and would prefer a Republican presidency.
    "If religious instruction were not allowed until the child had attained the age of reason, we would be living in quite a different world" - Christopher Hitchens
    > Good to be back, but I'm only visiting for a few weeks. <

  3. #13
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by Councilman View Post
    Until Obama is gone there will be recovery because he has no damn idea what to do or how to go about it.
    Business has lost absolute confidence in this administration, and the only way they can get it back is to do a 180 on their policies and rhetoric. We know that isn't going to happen, so business will suffer, and like always, the little guy will take it in the teeth the hardest.

    It reminds me of the disaster the luxury tax placed on the boating industry during the Clinton Years.
    Boat Luxury Tax Drives an Industry Aground - Letter - NYTimes.com
    Since the luxury tax came into effect last Sept. 30 for newly ordered boats, nobody has bought a new boat on which the tax would apply! The National Marine Manufacturers' Association, the industry association that tracks such things, can't find a single sale in the whole country! Not one! However, the association has been able to document in excess of 100,000 layoffs (blue-collar workers -- not fat cats) and numerous boat manufacturers going out of business. All during which not a single dollar of luxury tax has been collected.
    The tax was quietly repealed after the damage was painfully obvious.

    A couple days ago Haymarket asked the following question, and my answer was... "In a word... Yes.
    Quote Originally Posted by haymarket View Post
    So you are against government giving tax breaks to one business over others providing them with an advantage enabling them to be a winner?
    He never asked why, perhaps knowing the answers.
    1. Government shouldn't be picking winners and losers... favoring one industry over another. WTF do they know about business, ideas and the billions of directions it can go daily?

    2. Haymarket revealed low taxation is good for businesses... giving them the advantage to help them become "winners". More important today in a truly global market with instant access to info.

    3. Winners hire people, wages rise due to the competition full employment brings, and all boats rise, to steal a phrase from JFK.

    4. All businesses should enjoy equally low tax rates... for the good of the nation. The problem is Democrats/Socialists have injected America with a poison... jealousy. Where people believe they are entitled to the fruit of other people's labor.

    Economic illiteracy is dangerous, and we have a very dangerous man at the helm. His and his party's perverted ideology is bearing a very poisonous fruit.

    .
    Last edited by zimmer; 06-02-11 at 07:33 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Horror for US Economy as Data Falls off Cliff

    Obama or not.

    I simply do not see anything that can jump start the US economy.

    You don't make anything, so we're not going to buy anything from you, and there's no new "thing" around the corner for you guys to buy to spur spending and create real growth.

    Economies are bigger then their leaders and yours I'm afraid to say, would be in this situation with, or without Obama... for it took a long time to put you in this place.

  5. #15
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by Jetboogieman View Post
    Obama or not.

    I simply do not see anything that can jump start the US economy.

    You don't make anything, so we're not going to buy anything from you, and there's no new "thing" around the corner for you guys to buy to spur spending and create real growth.

    Economies are bigger then their leaders and yours I'm afraid to say, would be in this situation with, or without Obama... for it took a long time to put you in this place.
    We could be out of this recession and booming again in two years. But that path lacks political "power" and would "tax the poor". So we'll have to wait till things get worse to go there.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by MrVicchio View Post
    We could be out of this recession and booming again in two years. But that path lacks political "power" and would "tax the poor". So we'll have to wait till things get worse to go there.
    And how are you going to be out of a recession and booming? What force do you think would drive such a boom?

    (these are the questions no one can answer, there's more to an economy then Republicans and Democrats)

  7. #17
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by Jetboogieman View Post
    And how are you going to be out of a recession and booming? What force do you think would drive such a boom?

    (these are the questions no one can answer, there's more to an economy then Republicans and Democrats)

    Three Simple Steps to Economic Recovery:

    1. Repeal Obamacare. It's a boondoggle that's going ot costs jobs and retard growth for YEARS.

    2. Greatly curb the EPA's over reaching (think the CO2 regulation attempts)

    3. Americans For Fair Taxation: Americans For Fair Taxation
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  8. #18
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by MrVicchio View Post
    Three Simple Steps to Economic Recovery:

    1. Repeal Obamacare. It's a boondoggle that's going ot costs jobs and retard growth for YEARS.

    2. Greatly curb the EPA's over reaching (think the CO2 regulation attempts)

    3. Americans For Fair Taxation: Americans For Fair Taxation
    That's all you've got?

    Jeesh.

  9. #19
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    Re: Horror for US Economy as Data Falls off Cliff

    [QUOTE]
    Quote Originally Posted by Jetboogieman View Post
    Obama or not.

    I simply do not see anything that can jump start the US economy.

    You don't make anything, so we're not going to buy anything from you, and there's no new "thing" around the corner for you guys to buy to spur spending and create real growth.
    ROTFLOL... Obama or not... Oi vey.
    You obviously weren't around when Carter was president.

    WE DON'T MAKE ANYTHING? That's flat out retarded.
    From 2007:
    Total employment figures only tell part of the story, though. The percentage of U.S. workers employed in manufacturing has dropped from 16.5% in 1987 to 10.8% today. Even so, as the National Association of Manufacturers (NAM) points out, when you consider that manufacturing accounts for $1.5 trillion in gross domestic product (GDP), if U.S. manufacturing was a country, it would be the eighth largest economy in the world.
    IndustryWeek : The Face Of American Manufacturing
    What we need is policy that is business friendly.

    Economies are bigger then their leaders and yours I'm afraid to say, would be in this situation with, or without Obama... for it took a long time to put you in this place.
    Go back and study Carter and then Reagan, and how a country that was "written off" back in the late 70's came back with a vengeance in the early 80's and fueled growth for almost 3 decades.

    I don't see bubbles as bad either, so long as they are funded by the private sector. The tech bubble Clinton enjoyed brought a lot of good... but there was irrational exuberance... and people that thought they could make easy money learned hard lessons. Lessons they really should have learned in school about markets and how they function. The housing bubble was largely government induced due to idiotic legislation forcing banks to make bad loans.

    Too bad the politicians were irresponsible with the revenues.

    You're as illiterate economically as Obama.

    .
    Last edited by zimmer; 06-02-11 at 08:51 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  10. #20
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by Councilman View Post
    Once again a post that has nothing to do with the topic at hand.

    This is like a kid who was caught in the cookie jar and jumps up and says will Billy did it too.

    Try not to divert attention from the topic.
    It has everything to do with the topic. It was his highness GW soup for brains that created this depression.

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