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

  1. #381
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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Not one time in modern history has a financial recession, and later a liquidity trap occurred in succession. Given you lack the macro understanding that is required to discuss such a topic, ill stop here.



    Why do you believe the private sector is oblivious to any blame? Last time i checked, they are the ones who spur growth. The "they are too afraid" argument lacks both a theoretical and practical framework.
    Obviously you have never run a business, I have so I will stop there

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Don't know much about Obamacare, do you? Think Obamacare is free to small businesses for their employees?
    Why not answer my question in the entirety it deserves!?!?!? Here is a hint: discuss the tax liabilities (and closed subsidies) as a result of Obamacare!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Don't see the 8 million job losses so you probably should call BLS and tell them they screwed up

    Employment

    2001 137778
    2002 135701
    2003 137417
    2004 138472
    2005 140245
    2006 143142
    2007 146032
    2008 146421
    2009 142221

    Unemployment

    2001 6023
    2002 8182
    2003 8520
    2004 8370
    2005 7784
    2006 7059
    2007 7085
    2008 7628
    2009 11919
    They didn't screw up -- you did.

    I said 8 miollion jobs were lost during Bush's Great Recession, not during his 8 years in office.

    It was his recession he handed Obama, which lost 8 million jobs.

    12,000,000 if you count underemployment.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Obviously you have never run a business, I have so I will stop there
    Long term producer cost(s) and their projections are moderate at best. You have no shred of evidence that suggests the cost of doing business will increase at rate which is a negative to U.S. job creation. On the contrary, there is a great deal of evidence that points to an aggregate demand shortfall that persists to this day.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by Ockham View Post
    And call me jaded, but these triggers that are supposed to happen when / if the Congress or this committee cannot agree... my crystal ball says those triggers will quickly fade away and be ignored or removed entirely. This debate and fight will happen all again.
    Exactly what I've been saying this whole time. Hopefully this crisis was a wake up call and this time they won't ignore their own legislature or seek out loopholes. However in the short term, I'm glad an agreement was finally reached. That's a huge step forward and now we just need to keep holding them accountable and ensuring that these cuts are all made and that everyone sticks to the deal (:

    Follow me on Twitter @AmandaCourtney6 !! (:

  6. #386
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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Why not answer my question in the entirety it deserves!?!?!? Here is a hint: discuss the tax liabilities (and closed subsidies) as a result of Obamacare!
    Tell that to the small businesses that have to accept Obamacare and pay for their employees. Who do you think pays for that?

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    They didn't screw up -- you did.

    I said 8 miollion jobs were lost during Bush's Great Recession, not during his 8 years in office.

    It was his recession he handed Obama, which lost 8 million jobs.

    12,000,000 if you count underemployment.
    And almost 25 million today. Is that what you hired Obama to create?

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Tell that to the small businesses that have to accept Obamacare and pay for their employees. Who do you think pays for that?
    Another failed attempt to dodge my question: what is the cost increase that Obamacare poses to businesses?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    Obama and his policies? What exactly are those policies?
    The ones he bragged about during his acceptance speech ...

    "Thanks to our policies, home ownership in America is at an all- time high." ~ George Bush, 9.2.2004, RNC acceptance speech

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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Long term producer cost(s) and their projections are moderate at best. You have no shred of evidence that suggests the cost of doing business will increase at rate which is a negative to U.S. job creation. On the contrary, there is a great deal of evidence that points to an aggregate demand shortfall that persists to this day.
    Right now there is no such certainty on anything and businesses aren't going to spend their money with this uncertainty. No one knows what the tax liability is going to be and what the cost of hiring employees. Unlike the govt. private business cannot print money like the federal govt. Businesses work on a five year plan and with uncertainty they aren't going to hire people. Obama and liberals don't understand that or costs at all.

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