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Thread: Worst day since 2008 financial crisis

  1. #51
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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by 1Perry View Post
    Unproveable theory.
    Sorry, but it is a fact. Denying facts isn't an argument.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    Sorry, but it is a fact. Denying facts isn't an argument.
    Opinion noted.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    Actually it was four year ago, but who's counting.
    Hear the Libbos tell it, it flopped long before that.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by 1Perry View Post
    Opinion noted.
    You're hopeless.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    You're hopeless.
    Let's see if you can figure out when the downturn began. The following are the GDP numbers by year

    2001 10286.20
    2002 10642.30
    2003 11142.10
    2004 11867.80
    2005 12638.40
    2006 13398.90
    2007 14077.60
    2008 14441.40
    2009 14256.30
    2010 14657.8

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by Lord Tammerlain View Post
    So that it could raise taxes during an economic slowdown to pay for its operations? Not something I would suggest. Building a surplus that can be used during economic slowdowns is a much better idea then raising taxes during an economic slowdown in my opinion. Heck it is a policy I would suggest for everyone and business, build a rainy day fund for bad economic times

    This would only apply if you believe that the money you earn is not yours, but rather what the government allows you to keep.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by j-mac View Post
    This would only apply if you believe that the money you earn is not yours, but rather what the government allows you to keep.

    j-mac
    This would apply if you believe that we should have a government and government services, but you shouldn't have to pay for them.

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    It is a fact, not a theory. The government borrowed money and pumped it into the economy. If it hadn't that money would not be in the economy.
    News flash dude, that money, the so called stimulus didn't end up in the economy either.

    Much of the $868 billion went to individual states to bolster their budgets, in effect pay the union workers that operate in the respective states. Then there is the projects, many of which have not been started yet. In fact much of the stimulus was back loaded so that Obama could have a glorious re election campaign with projects going, remember the "shovel ready" crap? Well....



    He lied about this shovel ready crap and even recently admited in a joking manner that there was no such thing...So where did the money go? Well, Sheriff Joe Biden doesn't even know. He says it's too complicated to explain...Yeah right...

    It was a borrowed Trillion down the rat hole, that we were sold that we must approve to avert a crisis and stem unemployment, when it did nothing to do such....Where's Christine Romer today eh? The woman said it needed to be passed to stay below 8% unemployment. I don't think we've see 8% since.

    What a farce, yet you libs expect us to continue to believe you lies? I tell ya, if we do, then we are as dumb as liberals think we are.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    This would apply if you believe that we should have a government and government services, but you shouldn't have to pay for them.
    Aw Bull! No one says that government doesn't have a place, and enumerated powers. But we the people have a role too. And I say start with getting your tax money from the people living off my money for generations.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Worst day since 2008 financial crisis

    Quote Originally Posted by AdamT View Post
    This would apply if you believe that we should have a government and government services, but you shouldn't have to pay for them.
    You mean like paying zero FIT like 47% of income earners? Are they paying their fair share?

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