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

  1. #161
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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti

    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.

    Quote Originally Posted by Conservative View Post

    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.
    Still, employment grew while Clinton was president regardless of which party controlled Congress. Yet employment both grew and shrunk while Republicans controlled Congress. That pretty much sums up who is credited with employment growth.

  2. #162
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    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.
    Actually, it's a 9.3 point improvement.

    And yet, Conservatives think that sucks.

  3. #163
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    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.
    Revenues weren't reduced due to the Bush tax cuts and in fact your take home pay today is higher so unless your pay is an expense to the govt. then stop buying what you are told.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    That is your opinion which is every bit as good as the Obama promises
    I'm using your numbers, how can that be my opinion? You said 15.1 million are underemployed and you said Obama's stimulus saved and created 3.5 million jobs. That's not my opinion, those are using figures you posted; without Obama's stimulus there would be 18.6 million underemployed.

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    Still, employment grew while Clinton was president regardless of which party controlled Congress. Yet employment both grew and shrunk while Republicans controlled Congress. That pretty much sums up who is credited with employment growth.
    Clinton isn't President and Obama is doing nothing that Clinton did, so what is your point? The Obama record speaks for itself

    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).

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    I'm using your numbers, how can that be my opinion? You said 15.1 million are underemployed and you said Obama's stimulus saved and created 3.5 million jobs. That's not my opinion, those are using figures you posted; without Obama's stimulus there would be 18.6 million underemployed.
    The Obama record speaks for itself. 15.1 million is the unemployment number, the under employed is another 10 million or so. U-6 unemployment 16.2%. This is leading to the 40% approval rating Obama has today.

  7. #167
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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Revenues weren't reduced due to the Bush tax cuts and in fact your take home pay today is higher so unless your pay is an expense to the govt. then stop buying what you are told.
    As the saying goes, you are entitled to your own opinion, but not your own facts. I'm not going to waste my time if you're premise is that 2 + 2 = 5.

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    As the saying goes, you are entitled to your own opinion, but not your own facts. I'm not going to waste my time if you're premise is that 2 + 2 = 5.
    It isn't my opinion, here are the income tax numbers, Bush had a recession and 9/11 in 2001-2002, and the Housing crisis in 2008

    2001 2163.7
    2002 2002.1
    2003 2047.9
    2004 2213.2
    2005 2546.8
    2006 2807.4
    2007 2951.2
    2008 2790.3

    By the way, the fiscal year for these numbers remains October 1 to Sept. 30. Fiscal year 2001 ended Sept. 30, 2001
    Last edited by Conservative; 08-01-11 at 12:16 PM.

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    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 ONLY true if you choose to not reduce spending.
    Reducing revenue cannot, by itself, cause a deficit

  10. #170
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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post

    I'm using your numbers, how can that be my opinion? You said 15.1 million are underemployed and you said Obama's stimulus saved and created 3.5 million jobs. That's not my opinion, those are using figures you posted; without Obama's stimulus there would be 18.6 million underemployed.

    Quote Originally Posted by Conservative View Post

    The Obama record speaks for itself. 15.1 million is the unemployment number, the under employed is another 10 million or so. U-6 unemployment 16.2%. This is leading to the 40% approval rating Obama has today.
    Ya think anyone else noticed that you avoided my post in preference to the same thing you post 80 times a day?

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