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Thread: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, negativ

  1. #171
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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by j-mac View Post
    so what's your plan Ditto? Keep Obama? Vote for Gary Johnson knowing he can't win, which is a vote for Obama? Or get someone that has a track record of turning around large financial messes?

    j-mac
    Just a point here...I could vote for for Santa Clause Noam chomsky Ron Paul and it won't make a bit of difference in the State I live in.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by winston53660 View Post
    Just a point here...I could vote for for Santa Clause Noam chomsky Ron Paul and it won't make a bit of difference in the State I live in.
    You could turn into one of those Libertarians who want runoff elections.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by sawyerloggingon View Post
    I was listening to obamas speech today while working and when he said that I dropped everything and thought WTF, did he really just say the private sector is doing fine? Then he said it again. This guy is completely out of touch with reality, it is almost scary.


    Just hours after President Obama declared the private sector was "doing fine" -- a comment from which he later backed away -- one of the nation's major credit rating agencies affirmed neither the private nor public sector was flourishing.
    Standard & Poorís affirmed its long-term credit rating on the United States at AA+ and said its outlook remains negative.

    The credit agency made the announcement after Obama's said Friday morning that the private sector is "doing fine" and that the GOP Congress is slowing down the economy. It was immediately pounced on by Mitt Romney and other Republican leaders, resulting in the president backpedaling by the afternoon.


    Read more: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, negative outlook | Fox News
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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by j-mac View Post
    Funny, only a true believer partisan would think a fellow traveler partisan is winning an argument based solely on opinion...


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    Are you really going to be the one to call anyone else partisan? Oh the hypocrisy.
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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Obama wants more gov employees? THAT will fix the economy? 38000 more fed employees on his watch isn't enough????????????

    "First, letís look at federal government employment, which accounts for just 13 percent of all government employment. The number of federal workers has increased by 38,000 over the same period -- an increase of 1.4 percent.

    And if you separate out the U.S. Postal Service, the growth was even bigger. Non-postal federal employment -- about 10 percent of all government employment -- increased over the same period by 139,000 workers, or 6.7 percent."

    PolitiFact | Paul Krugman says government jobs have fallen by half million since January 2009
    Last edited by sawyerloggingon; 06-11-12 at 11:13 AM.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by sawyerloggingon View Post
    Obama wants more gov employees? THAT will fix the economy? 38000 more fed employees on his watch isn't enough????????????

    "First, let’s look at federal government employment, which accounts for just 13 percent of all government employment. The number of federal workers has increased by 38,000 over the same period -- an increase of 1.4 percent.

    And if you separate out the U.S. Postal Service, the growth was even bigger. Non-postal federal employment -- about 10 percent of all government employment -- increased over the same period by 139,000 workers, or 6.7 percent."

    PolitiFact | Paul Krugman says government jobs have fallen by half million since January 2009
    Obama's statement wasn't restricted to the federal government. In fact a lot of the stimulus bill's aid was directed to the states so that they could avoid mass layoffs. And, point of fact, Politifact rated Krugman's statement "true", which it obviously was when you look at the bls data.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... 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."

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Good he should be the guys scum!

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by winston53660 View Post
    Just a point here...I could vote for for Santa Clause Noam chomsky Ron Paul and it won't make a bit of difference in the State I live in.
    Same here in the late great golden state. The candidates aren't even bothering to air ads lying about each other and beating their own chests here. Democrats think they have it in the bag, and Republicans have given up on our multitudes of electoral votes.

    We should do away with the winner take all electoral vote, but then, we'd have to endure those negative ads.
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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Karl View Post
    What do you see beginning in 1981?
    I see a rise nowhere as steep as the one starting in 2009.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by AdamT View Post
    Obama's statement wasn't restricted to the federal government. In fact a lot of the stimulus bill's aid was directed to the states so that they could avoid mass layoffs. And, point of fact, Politifact rated Krugman's statement "true", which it obviously was when you look at the bls data.
    This is what Obama said in 2009 while stumping for the Stimulus......

    More than 90 percent of the jobs created by this plan will be in the private sector. They're not going to be make-work jobs, but jobs doing the work that America desperately needs done: jobs rebuilding our crumbling roads and bridges, repairing our dangerously deficient dams and levees so that we don't face another Katrina.

    Transcript: Obama takes questions on economy - CNN.com
    So did Obama lie, make a mis-statement or a false statement? Had he told the folks getting laid off in the private sector that they would be paying to keep government workers employed, what do you think was going to happen? Lose 63 seats in the House and 6 in the Senate at the 2010 mid-term? Government workers unemployment has remained 5% or less through the whole crash. Private sector workers were losing their homes after getting laid off while our government spent our tax money keeping government workers employed. The opposite of what Obama promise while stumping for the spending bill.
    Last edited by Prof. Peabody; 06-11-12 at 09:22 PM.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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