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Thread: United States loses its AAA Credit rating from S & P

  1. #961
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by sangha View Post
    I see you have nothing to refute the #'s with (aside from a very persuasive smilie )
    so wait, you expect me to believe a source called "3chickspolitico" and if I don't, I have to disprove your unproven assertion?



    Btw, did you check out their "Obama Love" Page? Obama Love | 3CHICSPOLITICO
    “In politics, stupidity is not a handicap.” -Napoleon

  2. #962
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    A picture is worth a thousand words
    the historically slow recovery:

    Nearly two years after the economic recovery officially began, job creation continues to stagger at the slowest post-recession rate since the Great Depression.

    The nation has 5% fewer jobs today — a loss of 7 million — than it did when the recession began in December 2007. That is by far the worst performance of job generation following any of the dozen recessions since the 1930s.

    In the past, the economy recovered lost jobs 13 months on average after a recession. If this were a typical recovery, nearly 10 million more people would be working today than when the recession officially ended in June 2009.
    Job creation limps along after recession - USATODAY.com

  3. #963
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by evanescence View Post
    All of the debt piling up was happening long before Obama was even in the senate.
    it sure was, the debt was written into our fate in 1937 and 1965

    U.S. funding for future promises lags by trillions - USATODAY.com

    bottom line---if something isn't done NOW to fundamentally restructure our budgets, then our big 3 federal programs will DIE

    and there's not enough money on earth to make em right

    leadership, anyone?

  4. #964
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by evanescence View Post
    3chicspolitico.com ? I check it out..

    The fact is, jobs in this country depend on the creation of more credit to fund useless consumer spending. Most service jobs are dead end, low paying jobs with no hope of a decent, liveable wage. This county needs more solid industry jobs, but how can Americans compete with low wage workers in a third world country? These problems are more complicated than people seem to realize.
    Paraphrasing Clinton's "It's the economy, stupid" - "It's the population, stupid."

    - Having a fast breeding underclass, importing millions upon millions of high school drop-outs, creates the problem you highlight. Commodity labor, aka unskilled labor, can be had all around the world, so price for that labor will find an equilibrium. Too bad for us that the equilibrium is lower than what it takes to earn a living in the US.

    - The US is one of the highest cost of living societies in the world. The liberal penchant for extreme real estate zoning laws prices a home on a 10,000 SF lot to the value of a home with a 15,000 SF. All of the government mandates on employees come at a cost, which is why California's regulation zealotry is driving businesses from the state.

    Liberals claim that their efforts are directed towards creating "the good life" for who doesn't appreciate efforts which force employers into giving Muslims a prayer room to use during the day or forcing employers to prohibit their sales forces from not entertaining clients at nudie bars because this disadvantages female sales reps. There are costs associated with all of these interventionist efforts and these costs increase the feasibility of creating and maintaining jobs.

    - As Rumsfeld noted "You go to war with the army you have" well, there's little a president can do about getting rid of the stupid in our society and undoing all of the past liberal intervention, so political choices are more tightly constrained when it comes time to find a political solution.

    - Sometimes we all have to sleep in the bed that liberals made for us, whether we like it or not.

  5. #965
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    It takes time to stem the flood
    august 8: Poll: 60% say economy getting worse - Reid J. Epstein - POLITICO.com

  6. #966
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by donc View Post
    You might want to check out some of conservatives past post and what he has to say about the gipper inheriting carters economy.
    why?

    we're not all personality whores

    the economy is getting worse:

    CNBC: Q2 GDP sluggish 1.3%, Q1 revised down to .4%

  7. #967
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Prof View Post
    why?

    we're not all personality whores

    the economy is getting worse:

    CNBC: Q2 GDP sluggish 1.3%, Q1 revised down to .4%
    Who are you calling"personality whores "?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  8. #968
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by sangha View Post
    Here's a chart that shows job creation in the private sector BEFORE the repubs won the house


    And here's a chart that shows what happened AFTER the repubs took the house


    *GOP GOVERNORS/Elected Officials Are Responsible For State Joblessness & UNEMPLOYMENT | Sabotaging America’s Economy For Political Gain | 3CHICSPOLITICO
    LOL!

    hey, tell the THREE CHICS...

    next time...

    LABEL YOUR AXES!

    or you're gonna FLUNK fifth grade---again

    among the stupidest posts i've ever seen

  9. #969
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Didn't Obama inherit a AAA credit rating from Bush?
    Yes. Along with way less unemployment.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Polotick View Post
    As a non-partisan, that marxist crap just gets old after a while.
    I certainly agree. I cannot wait for the end of the one term Marxist president Obama's regime. Please join me in strategizing for a regime change.

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