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Thread: Breaking: Agreement has been reached on raising the debt limit....

  1. #151
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    Re: U.S. leaders strike debt deal to avoid default

    Quote Originally Posted by Taylor View Post
    If that 2.4 Trillion figure includes Reid's "winding down of the wars" that were going to be wound down anyway... this feels like much ado about nothing.
    You mean Ryan.. The "winding down of the wars" was part of the Ryan plan.. you know the GOP wunderkid Ryan.
    PeteEU

  2. #152
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    Of course there's proof that the tax cuts increased deficits.
    This is, if course, false.

  3. #153
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    Of course there's proof that the tax cuts increased deficits. Don't be silly. They increased the debt by over $1.2 TRILLION. Some peg the cost at over $2 trillion.
    Then prove it, how can you keeping more of what you earn be an expense to the govt. Stop buying the liberal spin. Do you think they want you to keep more of what you earn? Where do the liberal elite get their power?

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    Is this what you hired Obama to create?

    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).
    Ummm, underemployment would be more around 18.6 million (your numbers) without Obama's stimulus.

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    If that were true, the growth in employment wouldn't have begun before Republicans took over the Congress in 1995 -- but it did. At jobs kept growing until Bush took over, even though Republicans still controlled the Congress.
    You want badly to talk about the housing bubble but not the dot.com bubble, how convenient. Bush inherited conditions that put us in recession in March 2001, less than two months after he took office.

  6. #156
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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    What could have happened? You want to believe what Obama tells you yet has never been right on any economic prediction. What is it about Obama that creates such loyalty. Stop buying the rhetoric and get the facts.

    The house(economy) wasn't burning down when Obama took office, the recession was winding down. You want so badly to believe he saved the economy but ignore the results today which show a different story. 14.4 trillion in debt, 24+ million unemployed or under employed Americans, most unemployed than when he took office, and a disastrous GDP which indicates a double dip possibility. Obama is an empty suit lacking in any leadership skills yet you buy the smile and the rhetoric.
    I base my conclusions on economic data and facts -- not what Obama or Rush Limbaugh or what anyone else says.

    You are living in a fantasy world if you don't think the economy was burning down when Obama took over. We were losing over 600,000 jobs a MONTH at that time. GDP was contracting at better than a 6% pace. So it only expanded by 0.4%? That's still a 6.4% improvement.

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    Ummm, underemployment would be more around 18.6 million (your numbers) without Obama's stimulus.
    That is your opinion which is every bit as good as the Obama promises

  8. #158
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    I base my conclusions on economic data and facts -- not what Obama or Rush Limbaugh or what anyone else says.

    You are living in a fantasy world if you don't think the economy was burning down when Obama took over. We were losing over 600,000 jobs a MONTH at that time. GDP was contracting at better than a 6% pace. So it only expanded by 0.4%? That's still a 6.4% improvement.
    I have seen no evidence of that, bea.gov, bls.gov, and the U.S. Treasury offer actual data. That is where go to get actual numbers. We lost jobs in 2008 and we are losing jobs today. Obama has worse unemployment than when he took office, bls.gov

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Then prove it, how can you keeping more of what you earn be an expense to the govt. Stop buying the liberal spin. Do you think they want you to keep more of what you earn? Where do the liberal elite get their power?
    Now you're just reduced to playing word games. Deficits are calculated by offsetting spending against revenue. When you reduce revenue you increase deficits. This is again pretty basic arithmetic and not something you can make go away by babbling about government taking your money.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    I have seen no evidence of that, bea.gov, bls.gov, and the U.S. Treasury offer actual data. That is where go to get actual numbers. We lost jobs in 2008 and we are losing jobs today. Obama has worse unemployment than when he took office, bls.gov
    If you see no evidence of that it's because you don't want to see it -- not because it isn't there:


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