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Thread: U.S. GDP Grows Just 1.3%

  1. #101
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    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?
    Only a few pages back you tried to place the entire blame on Obama and now you are criticizing Obama and all liberals for casting blame on others.

    Sigh...you are truly a hopeless case. Partisan to the core. The fact that both parties and every president since Reagan is to blame for our current situation will never sink into your skull. One day, the light will hopefully turn on.
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post
    Only a few pages back you tried to place the entire blame on Obama and now you are criticizing Obama and all liberals for casting blame on others.

    Sigh...you are truly a hopeless case. Partisan to the core. The fact that both parties and every president since Reagan is to blame for our current situation will never sink into your skull. One day, the light will hopefully turn on.
    There is plenty of blame to go around but not for the results the past 2 1/2 years. I recognize results and economic policy which I guess to you makes for a hopeless partisan. I admit that I am a conservative and proud of it but I call it like it is. Suggest you get the facts instead of buying the rhetoric. Tell me which of the following is false and how is Bush responsible for it.

    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 AdamT View Post
    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?
    Automation is a key component too. Go to your local retail store and tell me where the products are made.
    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
    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?
    And has he not offerred to take on entitlement reform? Has he not stated publically on multiple occasions his desire to change the tax code going "line-by-line" and getting rid of outdated rules, etc, etc? Wasn't he the only President since Reagan to state publically and attempt not to hire lobbyist? Unfortunately as I'm discovering from my own personal reading, damned near everybody whose currently in Washington, DC in some middle or high ranking capacity or another - be it in Congress, Defense Dept, an "official or independent accounting office", Treasury, the Fed Reserve, everywhere! - have either worked in high places of corporate finance or been a lobbyist. It's hard to tackle that demon when it's so intrenched.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    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.
    That's true. And when they earn money, and don't spend it, it just collects in a big pile. Corporations are piling up huge profits, even as the unemployment rate stagnates. This most recent quarter close to 80% of publicly traded companies beat analyst expectations. Many of them could hire more people and still be profitable. But they are responsible to their shareholders -- not the country. That's why we have a government that's SUPPOSED TO BE responsible to the country. The government should be stimulating the economy to drive demand, but instead they are arguing about whether or not they are going to blow up the economy, and if not, how much demand will they sap with premature spending cuts.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Objective Voice View Post
    And has he not offerred to take on entitlement reform? Has he not stated publically on multiple occasions his desire to change the tax code going "line-by-line" and getting rid of outdated rules, etc, etc? Wasn't he the only President since Reagan to state publically and attempt not to hire lobbyist? Unfortunately as I'm discovering from my own personal reading, damned near everybody whose currently in Washington, DC in some middle or high ranking capacity or another - be it in Congress, Defense Dept, an "official or independent accounting office", Treasury, the Fed Reserve, everywhere! - have either worked in high places of corporate finance or been a lobbyist. It's hard to tackle that demon when it's so intrenched.
    Obama is good on the rhetoric, where is the plan on paper? Obama is good at talking and convincing his minions that he is offering substance, where is that substance? Leadership means never delegating responsibility and the responsibility for the govt. is Obama yet all Obama does is pass on blame

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    Only in the liberal world are actual facts called spam. Do you ever accept responsibility for your own failures?
    The facts aren't spam. Repeating the same post over and over is spam.

    Hope that helps.

    I accept responsibility for my failures. The recession was over two years ago. What's the problem?
    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
    I recognize results and economic policy which I guess to you makes for a hopeless partisan.
    What makes you a hopeless partisan is that virtually nothing separates the economic policies of Bush and Obama and yet you wish to blame the entirety of the last 2 and a half years on Obama as if once a president takes office the effects of the last one ends. Then you bitch if anyone blames Bush, even though, once again, his economic polices are virtually the same as Obama's.
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

  9. #109
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    That's true. And when they earn money, and don't spend it, it just collects in a big pile. Corporations are piling up huge profits, even as the unemployment rate stagnates. This most recent quarter close to 80% of publicly traded companies beat analyst expectations. Many of them could hire more people and still be profitable. But they are responsible to their shareholders -- not the country. That's why we have a government that's SUPPOSED TO BE responsible to the country. The government should be stimulating the economy to drive demand, but instead they are arguing about whether or not they are going to blow up the economy, and if not, how much demand will they sap with premature spending cuts.
    So what do you think those evil companies do with that excess cash and how does that hurt the economy? Companies are beating expectations because they are doing what the govt. cannot seem to do, doing more with less. The biggest operating expense of any business is payroll and since payrolls are down that is going to impact profits positively

  10. #110
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post
    What makes you a hopeless partisan is that virtually nothing separates the economic policies of Bush and Obama and yet you wish to blame the entirety of the last 2 and a half years on Obama as if once a president takes office the effects of the last one ends. Then you bitch if anyone blames Bush, even though, once again, his economic polices are virtually the same as Obama's.
    Bush gave the taxpayer and businesses a tax cut, obama grudgingly extended them, something he could have done long before he did. There is much I didn't like about Bush but would take him back in a heartbeat over what we have right now. Obama had total control of the govt. along with a blank check and generated these results. Who do you blame?

    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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