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Thread: U.S. GDP Grows Just 1.3%

  1. #91
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Thorgasm View Post
    The trend in private sector is to outsource jobs.
    If so you can thank "your" President for creating the atmosphere that promotes outsourcing. The Obama record speaks for itself and the only way he can get re-elected is to divert from that record.

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

    Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Objective Voice View Post
    :STOP:

    Your postering. CCB is the leading House bill as proposed by the Republican leadereship. The last extension of the Balanced Budget and Emergency Deficit Congrol Act of 1985 passed by Congress in 2004 extended the debt limit out to 2009, but the Act says nothing about limiting entitlement spending. Mind you, Congress was controlled by the Republican party at the time. I'm still doing research as I know there were two others debt limit/deficit reduction bills that were passed afterwards, but unless you or someone else can show otherwise, I'm inclined to conclude that entitlement spending has not been capped by either party, but in particular not by the so-called "deficit hawk" Conservative Republicans since...never...even when they controlled Congress, but atleast not since 1985.
    You are ignoring that debate at the time, similar to what is going on right now, promises to cut spending. did that happen? Republicans didn't control the Congress during the Reagan years. they controlled the Senate but never took control of the Congress until 1995

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    Nonsense. The private sector isn't hiring because they don't have to to meet demand -- period.
    Demand is part of the problem but costs of hiring are also considered and have to be. Businesses cannot print money like the govt. does. When they spend it, it is gone until they earn it back.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Thorgasm View Post
    It's not hard to believe at all. Jobs are outsourced. We don't produce as much as we used to. This coupled with gas prices being markedly higher shouldn't be a surprise to anyone.
    We actually produce more than we used to. We are still the number one manufacturing country in the world. Automation -- not outsourcing -- is the primary reason fewer people are employed in the manufacturing sector. Perhaps we should outlaw robotic assemply lines while we're throwing up tariffs?

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    If so you can thank "your" President for creating the atmosphere that promotes outsourcing. The Obama record speaks for itself and the only way he can get re-elected is to divert from that record.

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

    Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
    Here we go again...

    Outsourcing has been going on since long before Obama came onto the scene. I know you'd like to think otherwise, but I've been dealing with yahoos from India on home network troubleshooting since atleast 2002. And half the time I still couldn't get my wireless network to work properly. Eventually, I gave up and went back to a wired network - more reliable.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Hicup View Post
    I think America.. (Not the 13% full blown libbies) has GOT to elect a real person this time round. Someone with real executive experience, and doesn't delegate everything away, especiall the important stuff. It's like Obama is trying to vote present as the President..
    So we need an expert in military, economics, health care, environment, policing, law, emergency services, etc...?

    Quote Originally Posted by Hicup View Post
    Someone who isn't afraid to take on the global community. We've been generous long enough.. Bring back manufacturing, impose fair tarrifs and trade, and we make all this go away. If anything this is what the stimulus should have been spent on.. Incentives to keep, and bring back manufacturing to the US.
    I agree with this. Unfortunately, the CEO's will tell you that this will increase consumer prices as American workers are too expensive (management excluded, I'm sure).
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    You are ignoring that debate at the time, similar to what is going on right now, promises to cut spending. did that happen? Republicans didn't control the Congress during the Reagan years. they controlled the Senate but never took control of the Congress until 1995
    Hence, the reason I referred to the last time the Balanced Budget Act of 1985 was extended...in 2004.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Objective Voice View Post
    Here we go again...

    Outsourcing has been going on since long before Obama came onto the scene. I know you'd like to think otherwise, but I've been dealing with yahoos from India on home network troubleshooting since atleast 2002. And half the time I still couldn't get my wireless network to work properly. Eventually, I gave up and went back to a wired network - more reliable.
    Obama was hired to solve the problem, what did he do about the problem? Do liberals do anything but blame someone else for their own failures?

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    If so you can thank "your" President for creating the atmosphere that promotes outsourcing. The Obama record speaks for itself and the only way he can get re-elected is to divert from that record.
    It's cute that you only blame the current president when both parties are to blame. As much as you wish was the case, we didn't get to where we are now without both parties' decisions.

    Quote Originally Posted by Conservative View Post
    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

    Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Thorgasm View Post
    It's cute that you only blame the current president when both parties are to blame. As much as you wish was the case, we didn't get to where we are now without both parties' decisions.



    Only in the liberal world are actual facts called spam. Do you ever accept responsibility for your own failures?

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