That would be the debt increase of over $4 trillion since Obama took office. I thought we were talking things getting better, or worse, with Obama ?
I then bolstered it with an example using Stimulus spending, and that at some point in the cost of creating a job, we have to say "thanks, but at that price, no thanks".
Last edited by Eighty Deuce; 08-03-12 at 01:44 PM.
Employment Situation Summary Table A. Household data, seasonally adjusted
Just use your calculator and there is your %.
That's your entire evidence that Gallup's overall numbers are more accurate then the BLS's?
Gallup contacts less people (I believe), does not include 16-17 year olds and is NOT seasonally adjusted...how could it be more accurate?
Btw - are you an Obama supporter?
Last edited by DA60; 08-03-12 at 01:53 PM.
Do you have any idea how naive and nonsensical you sound? How does Government generate revenue. I don't want anymore of your "It's not Obama's fault, the Government is not spending enough of other people's money" fantasy land talking points. You just don't understand basic economics. That's the only logical conclusion to spectacle you are making of yourself all over these boards trying to spray perfume on a steaming pile of economic data.
The money Obama is spending right now is an enormous opportunity cost and negative externality on the private economy. We won't ever really know the innovations and business growth that could have been possible, had that wealth not been confiscated by a radical leftist ideologue for redistribution. Demand driven economies which are fueled by borrowed and spent money have been exposed as massive wealth redistribution schemes. They don't work. They don't create wealth. They don't create jobs. They don't create economic growth. That's all Obama's economic policy is. Punish success and give it to someone else. The Social Justice politics of a Community Organizer.
Us guys? Look pal I'm a United States citizen and I'm concerned about the future of my country. This isn't a game to me. Unemployment is going up. Massive trillions in debt. Massive tax hikes and the poor and middle class. Mandates that violate the Constitution. Massive Government overreach. Massive expansion of the executive branch as Obama arrogantly ignores the restraints of the Constitution.Your guys solution is to lower marginal rates on business, believing that will spur investment. But investment goes towards growth products, and nothing is growing which is why business, which has PLENTY of cash already (read: investment dollars) is not already investing. This is NOT a supply side problem.....we are still in a demand side stall. Tax cuts are just pushing on a string, it is not the solution to this problem.
Obama promised unemployment RIGHT NOW would be 5.6% if he was allowed to ram his stimulus down our throats. The neo keynesian stimulus that was supposed to be this benevolent Government Program was supposed to put people back to work. It didn't though. Like all centrally planned solutions, it failed miserably.
Last edited by Bronson; 08-03-12 at 01:51 PM.