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US economy creates 243,000 jobs in January

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Oh, I see, working people don't pay taxes and the economy then isn't growing? How would your behavior change if they raised your taxes?

Did you reply to the wrong post? Because your reply has no relation to what I wrote.
 
A huge bipartisan mistake. Note that both the House and Senate bills were authored by Republicans. "Senator Phil Gramm (R-TX), the Chair of the Senate Banking Committee, was quoted as insisting that any bill brought to the Senate Floor would need to be expanded to include prohibitions on SEC regulation of the swaps market." Brilliant.

Regardless of who authored the bills, the vote was 90-8-2 in the Senate
 
Did you reply to the wrong post? Because your reply has no relation to what I wrote.

Nice diversion, economy is improving and what legislation has Obama signed that led to this improving economy. Did he raise taxes? Did he remove subsidies on those evil businesses? What exactly did he do to lead to job growth and what you claim is an improving economy?
 
A huge bipartisan mistake. Note that both the House and Senate bills were authored by Republicans. "Senator Phil Gramm (R-TX), the Chair of the Senate Banking Committee, was quoted as insisting that any bill brought to the Senate Floor would need to be expanded to include prohibitions on SEC regulation of the swaps market." Brilliant.

That mistake is why the economy is the way it is now. Yes? No?
 
Financial Services Modernization Act of 1999

Isn't that the policy which Bush took credit for along with Rupublicans? Why yes, yes it is...

Thanks to our policies, home ownership in America is at an all-time high!" - George Bush, 2004 RNC convention.

So yes, Clinton did sign it, for which he does receive his share of the blame; but make no mistake, this was Conservative policy.
 
Isn't that the policy which Bush took credit for along with Rupublicans? Why yes, yes it is...

Thanks to our policies, home ownership in America is at an all-time high!" - George Bush, 2004 RNC convention.

So yes, Clinton did sign it, for which he does receive his share of the blame; but make no mistake, this was Conservative policy.

A Senate vote of 90-8-2 makes it bipartisan
 
Did you reply to the wrong post? Because your reply has no relation to what I wrote.

His replies rarely align with the posts he's responding to. That's the inherent danger in robospamming.
 
Isn't that the policy which Bush took credit for along with Rupublicans? Why yes, yes it is...

Thanks to our policies, home ownership in America is at an all-time high!" - George Bush, 2004 RNC convention.

So yes, Clinton did sign it, for which he does receive his share of the blame; but make no mistake, this was Conservative policy.

I really don't care who signed or took credit for it. It is the birthplace of our financial woes today. It was bipartisan. I blame Clinton only because he was about to do the right thing, but stupid politics ruined it and he decided to vote for it. The senate and the house are both to blame. Clinton too.

In the quote you posted, which policies was George Bush reffering too? Or was it a blanket statement about all policies? It was a blanket statement.
 
A Senate vote of 90-8-2 makes it bipartisan

Tell that to Bush, he's the one who credited Republicans.

"Thanks to our policies, homw ownership in America is at an all time high!" - George Bush, 2004 RNC convention
 
That mistake is why the economy is the way it is now. Yes? No?

I think it was a major contributor to the financial crisis insofar as it prevented the regulaton of credit default swaps ... though we can only speculate as to whether they would have been effectively regulated without the law.
 
Nice diversion, economy is improving and what legislation has Obama signed that led to this improving economy. Did he raise taxes? Did he remove subsidies on those evil businesses? What exactly did he do to lead to job growth and what you claim is an improving economy?

What has Obama done to aid the recovery? You need to be reminded again? Stimulus, auto bailouts, cash for clunkers, payroll tax cuts, extended unemployment benefits, etc.
 
What has Obama done to aid the recovery? You need to be reminded again? Stimulus, auto bailouts, cash for clunkers, payroll tax cuts, extended unemployment benefits, etc.

Stimulus - Fail
Auto Bailout - Loss of funds
Cash for Clunkers - Auto Bailout
Payroll Tax Cuts - We need fuel tax cuts
Extended Unemployment - because 99 weeks wasn't enough
 
I really don't care who signed or took credit for it. It is the birthplace of our financial woes today. It was bipartisan. I blame Clinton only because he was about to do the right thing, but stupid politics ruined it and he decided to vote for it. The senate and the house are both to blame. Clinton too.

In the quote you posted, which policies was George Bush reffering too? Or was it a blanket statement about all policies? It was a blanket statement.

It certainly was where the problem began, but there were other contributing factors; most notably, and unforeseen when the bill became law, was the federal fund rate dropping to 1%, thereby alloqing many to qualiify for loans they wouldn't have been eligable for at higher rates. That opened the flood gates of greed to write creative loans to people who couldn't afford them. At that time, the only saving barrier of the economy was oversight of the GSE's ... which didn't come until 2008. After the horses escaped from the barn.

And that was the policy Bush was taking credit for.
 
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More bad news for the Obama haters. :thumbs:

Bottom Line - Jobless claims slip to four-year lows



"Americans filed fewer claims for unemployment benefits, pushing the level to the lowest in four years, government data showed Thursday.

The Labor Department reported that seasonally adjusted initial claims fell 2,000 to 351,000 in the week ended Feb. 25. The four-week moving average, considered a more accurate gauge of labor market conditions, dropped 5,500 to 354,000, the lowest since March 2008.

Claims have been hovering near four-year lows over the last few weeks. Economists polled by Reuters had forecast claims unchanged at 351,000 last week.

New applications for jobless benefits have declined through much of February, raising hopes for a third straight month of solid employment gains. [...]"​
 
Stimulus - Fail
Auto Bailout - Loss of funds
Cash for Clunkers - Auto Bailout
Payroll Tax Cuts - We need fuel tax cuts
Extended Unemployment - because 99 weeks wasn't enough

The results speak for themselves. We avoided a catastrophic depression. The economy wasn't rocked by the collapse of 2/3 of its homegrown auto industry. GM and Chrysler and both profitable. Employment is growing. Manufacturing is growing. Consumer confidence is growing. The markets have recovered to 2008 levels. Yep ... a real disaster. :lol:
 
Tell that to Bush, he's the one who credited Republicans.

"Thanks to our policies, homw ownership in America is at an all time high!" - George Bush, 2004 RNC convention

Shouldn't it be the goal of any President to have all time high home ownerships? You have a problem with people buying homes?
 
The results speak for themselves. We avoided a catastrophic depression. The economy wasn't rocked by the collapse of 2/3 of its homegrown auto industry. GM and Chrysler and both profitable. Employment is growing. Manufacturing is growing. Consumer confidence is growing. The markets have recovered to 2008 levels. Yep ... a real disaster. :lol:

Prove that Obama policies and not TARP prevented the depression?
 
Shouldn't it be the goal of any President to have all time high home ownerships? You have a problem with people buying homes?

I didn't realize you were such a big CRA supporter!
 
What has Obama done to aid the recovery? You need to be reminded again? Stimulus, auto bailouts, cash for clunkers, payroll tax cuts, extended unemployment benefits, etc.

That being the case then a 45% JAR is a disaster as only the Kool-Aid drinkers buy the rhetoric. Here we are 3 years later and still a million discouraged workers.
 
The results speak for themselves. We avoided a catastrophic depression. The economy wasn't rocked by the collapse of 2/3 of its homegrown auto industry. GM and Chrysler and both profitable. Employment is growing. Manufacturing is growing. Consumer confidence is growing. The markets have recovered to 2008 levels. Yep ... a real disaster. :lol:

We went back to a point I made yesterday. I am not going to start the circle again.
 
The results speak for themselves. We avoided a catastrophic depression. The economy wasn't rocked by the collapse of 2/3 of its homegrown auto industry. GM and Chrysler and both profitable. Employment is growing. Manufacturing is growing. Consumer confidence is growing. The markets have recovered to 2008 levels. Yep ... a real disaster. :lol:

The Fed didn't quite agree with that statement yesterday as well. But all is well.
 
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