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Thread: Obama: No Deal Without Tax Hikes

  1. #2011
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Conservative View Post

    The economic collapse? GDP growth from 9.9 trillion to 14.4 trillion is a collapse? The credit market collapsed but not the economy, it still grew.
    Not after the market collapsed, it didn't. GDP growth for 2008 was negative 100 million. GDP growth for 2009 was negative 348 billion. How on Earth do you categorize that as anything but the economy collapsing?

    Keep in mind, the next biggest annual drop of GDP in U.S. history was 1982 and that was "only" 116 billion.

    GDP falls 348 billion and you claim the economy wasn't collapsing.

  2. #2012
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by teamosil View Post
    more jobs have been created than lost each month for months now
    not even enough to keep up with population growth which, considering where we are and all we've been thru, is pathetic

    Nearly two years after the economic recovery officially began, job creation continues to stagger at the slowest post-recession rate since the Great Depression.

    The nation has 5% fewer jobs today — a loss of 7 million — than it did when the recession began in December 2007. That is by far the worst performance of job generation following any of the dozen recessions since the 1930s.

    In the past, the economy recovered lost jobs 13 months on average after a recession. If this were a typical recovery, nearly 10 million more people would be working today than when the recession officially ended in June 2009.
    Job creation limps along after recession - USATODAY.com

    But all the numbers have been moving the right direction ever since Obama took office.
    wow

    Economy in U.S. Grew 1.8% in First Quarter - Bloomberg
    Last edited by The Prof; 07-19-11 at 06:17 PM.

  3. #2013
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    Re: Obama: No Deal Without Tax Hikes

    Good DD, Prof, but posting to people who unless you read the entire article to them they will ignore it. Liberals prefer the audio version of anything thus the leftwing media reports read to them which always distorts reality.

  4. #2014
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Conservative View Post
    I did read it and agree with much of it. Did you read what Democrat Steve Wynn posted today?

    Wynn CEO Goes On Epic Anti-Obama Rant On Company Conference Call
    Yes, I read it...wouldn't expect anything less coming out of Vegas or Nevada; that city and the entire state has a very high unemployment rate. So, of course they're alittle tic'd off right about now. Vegas relies on tourism; and when people don't have that kind of disposable income for leisure time activities...

    'Nuf Said.

    Quote Originally Posted by Conservative View Post
    The Fed control of the money supply and pumping billions into the economy.
    I wouldn't say "control", but you got the 2nd part right.
    Last edited by Objective Voice; 07-19-11 at 06:03 PM.

  5. #2015
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Objective Voice View Post
    Yes, I read it...wouldn't expect anything less coming out of Vegas or Nevada; that city and the entire state has a very high unemployment rate. So, of course they're alittle tic'd off right about now. Vegas relies on tourism; and when people don't have that kind of disposable income for leisure time activities...

    'Nuf Said.
    Doubt that raising taxes on individuals is going to help that situation nor is it going to put 24 million unemployed and under employed people back to work

  6. #2016
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by pbrauer View Post
    we have a revenue problem because of the downturn.
    in comparison to what's out there, it's mere drops in an ocean

    U.S. funding for future promises lags by trillions - USATODAY.com

  7. #2017
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Sheik Yerbuti View Post
    Uh, yeah, it is
    yup, a cr passed at the last second in april is exactly what it is---a cr passed at the last second in april

    LOL!

    leadership, anyone?

    did you catch the floor vote in may?

    President's budget sinks, 97-0 - TheHill.com

  8. #2018
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post

    yup, a cr passed at the last second in april is exactly what it is---a cr passed at the last second in april

    LOL!

    leadership, anyone?
    And that's the president's fault ... how?

    Quote Originally Posted by The Prof View Post

    did you catch the floor vote in may?

    President's budget sinks, 97-0 - TheHill.com
    No, I didn't. Ouch.

  9. #2019
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    Re: Obama: No Deal Without Tax Hikes

    Yes, I am but you might want to use some more current info

    Obama Regrets Vote Against Raising Debt Limit
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  10. #2020
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Conservative View Post
    No true tax cut is spending. Most of Obama's so called tax cuts were expenses thus weren't cuts. Calling it a tax cut doesn't make it one. The items highlighted in bold are tax cuts and that doesn't add up to 237 billion. All the items not in bold were funded by line items in the budget thus were expenses. Keep trying Pb
    True, proposals that reduce taxes are not tax cuts
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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