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

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    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
    and right there in the front row was Barney Frank and Chris Dodd. What was the Democrat plan for home ownership?

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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Another failed attempt to dodge my question: what is the cost increase that Obamacare poses to businesses?
    Initial estimates are 1400 per employee and for a small business that is huge. Why is it the Government's responsibility to force a private business to provide healthcare for their employees and charge them for it?

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    As for Obama declining GDP growth every qtr since 2010 which is after the recession ended and I see no economic plan to grow the private sector and grow the economy.
    Umm, GDP for 2010 was 3.0%. That's better than 6 out of George Bush's 8 years in office.

    Quote Originally Posted by Conservative View Post

    Under employed and unemployed today is over 24 million, 16.2% X 154 million
    So? 12 million of them lost their jobs during Bush's Great recession alone. Where's your outrage?

    Since then, that number has shrunk by 700,000. Where's your applause?

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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    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
    I confess that there are many things about which I am ignorant and one is home ownership in 2004. Sheik, when President Bush said this in 2004, was this statement true or false?

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Right now there is no such certainty on anything and businesses aren't going to spend their money with this uncertainty.
    This can be said during any period of U.S. history. These "well no ****" comments instantly sterilize the discussion.

    No one knows what the tax liability is going to be and what the cost of hiring employees.
    WTF are you talking about? Businesses have witnessed future tax liability increase, year-over-year, since 1981. The average year-to-maturity on U.S. debt is about 5.7. Nothing you have posted suggests that long term producer costs are set to skyrocket.

    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.
    You have not identified any cost increases, and instead stick to talking points that lack any and all identification of these "so called" uncertainties. All the while, you ignore an obvious aggregate demand shortfall of which taxes cuts cannot remedy.
    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 Sheik Yerbuti View Post
    Umm, GDP for 2010 was 3.0%. That's better than 6 out of George Bush's 8 years in office.


    So? 12 million of them lost their jobs during Bush's Great recession alone. Where's your outrage?

    Since then, that number has shrunk by 700,000. Where's your applause?
    Talk to Goldenboy, what do you expect when you spend over a trillion dollars of taxpayer money? Good lord, Man, it is .4% and 1.3% now shows how he really motivated the private sector and how the stimulus failed.

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    Re: Obama: We have a deal

    Quote Originally Posted by LesGovt View Post
    I confess that there are many things about which I am ignorant and one is home ownership in 2004. Sheik, when President Bush said this in 2004, was this statement true or false?
    That's like saying, "thanks to beer, people having sex is at an all time high" which ignores the externalities associated with such a rate of sexual activity (or in the former case, home ownership).
    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 Goldenboy219 View Post
    This can be said during any period of U.S. history. These "well no ****" comments instantly sterilize the discussion.



    WTF are you talking about? Businesses have witnessed future tax liability increase, year-over-year, since 1981. The average year-to-maturity on U.S. debt is about 5.7. Nothing you have posted suggests that long term producer costs are set to skyrocket.



    You have not identified any cost increases, and instead stick to talking points that lack any and all identification of these "so called" uncertainties. All the while, you ignore an obvious aggregate demand shortfall of which taxes cuts cannot remedy.
    Do you have a solution to the economic malaise that is here today, the extremely high unemployment, and the anemic GDP growth? You can shoot down everything I say but until you offer a plan of your own, you have no credibility here.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Talk to Goldenboy, what do you expect when you spend over a trillion dollars of taxpayer money? Good lord, Man, it is .4% and 1.3% now shows how he really motivated the private sector and how the stimulus failed.
    The president cannot truly motivate the private sector when the global economy is operating (primarily) in a deleveraging manner. There are only two choices; try to smooth consumption or allow liquidation to ravage the nation/most of the developed world.
    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 LesGovt View Post
    I confess that there are many things about which I am ignorant and one is home ownership in 2004. Sheik, when President Bush said this in 2004, was this statement true or false?
    Trying to figure out how that statement is a problem? Notice how Sheik never talks about the Democrat alternative on any issue whether it be this issue or Medicare Part D

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