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Thread: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

  1. #201
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Conservative View Post
    Since you stated that lowering taxes creates jobs don't those employed people pay taxes? Why is it liberals never understand what economic growth does to tax revenue? Do you even know what makes up tax revenue? Only FIT? Did you know that Reagan tax cuts led to 16 million new taxpayers and an increase in tax revenue by 60%? U.S. Treasury Data
    Hold on now. What I said was lowering taxes can lead to increased demand. That's not a sure thing.

    The problem with lowering taxes and lowering taxes is that you run into the inability to run the government you want. We're there now. Now would be a great time to lower taxes, but they'd never get brought back to a reasonable level.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by rocket88 View Post
    Hold on now. What I said was lowering taxes can lead to increased demand. That's not a sure thing.

    The problem with lowering taxes and lowering taxes is that you run into the inability to run the government you want. We're there now. Now would be a great time to lower taxes, but they'd never get brought back to a reasonable level.
    So a 3.8 trillion dollar govt is what you want? I am still waiting for you or anyone else to explain to me how raising taxes on the top 2% benefits the economy and creates more economic growth? The lack of an answer is quite telling.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Gimmesometruth View Post
    Um....aside from your rhetoric and totally ignoring what I posted, the money being borrowed....is not being "confiscated".

    So tell me again how superior your macroecon understanding is......after you actually respond to what I posted.



    Well, you are not even going to touch on what the con/libertarian solution might be, and instead revert back to responding, sort of, to the first half of my post. The ARRA did save a whole lot of jobs......but that was a part of what it did, it was mostly tax relief to low/middle income earners and that also did have a multiplier effect, well documented. If anyone said they had a real idea just how bad things were going in Jan 09, where we would end up, they didn't. $237B in grants for a $14T economy was not going to do that, most knew it had no chance of turning the ship around, creating 2 to 4 million jobs helped, but it was not enough.

    So again, you avoid talking about what would work to mainly focus on rhetoric...seems like that is what you prefer. Thats cool, it is just ironic complaining about my lack of reality based discussion while you are doing it.
    The "multiplier effect" is 1x on government spending. Why do you think Obama fired Christina Romer? In her capacity as head of the Council of Economic Advisers, she studied tax cuts from 47' to 2005 and found a multiplier effect of 3 . This means each government created job cost taxpayers $200,000.00. Whereas a tax cut would have created 3 times as many jobs, and saved taxpayers billions.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Eighty Deuce View Post
    That is a BS stat, refuted over and over. If you wanna believe it, its right up there between unicons and rainbows. That particular report got a bunch of WAPO Pinnochio's, it was so flawed.
    Going back to Eisenhower, federal spending has risen on average 7 percent a year, or 2.6 percent when adjusted for inflation. After the spending burst of 2009, Mr. Obama, constrained by Congress and aided by repayments of bank and auto bailouts, increased spending just 0.5 percent a year over the next three fiscal years when adjusted for inflation; only two other three-year periods since Eisenhower had lower spending growth.

    http://www.nytimes.com/2012/06/20/us...pagewanted=all


    What is sad is that you could not bring yourself to even read the rest of the post, and any future response will be simplistic hand waving.
    Thanks for trying...sort of.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Conservative View Post
    So a 3.8 trillion dollar govt is what you want? I am still waiting for you or anyone else to explain to me how raising taxes on the top 2% benefits the economy and creates more economic growth? The lack of an answer is quite telling.
    Then you should ask someone who supports raising taxes. The fact that you can't seem to ask the right person is quite telling (about your ability to read what is written).

    Where do the cuts come from? The GOP won't let us cut defense. That's a large percentage of the budget right there.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Eighty Deuce View Post
    I do not care to debate a poster's basic ignorance to definitions and terms.
    ok. well if you want to throw figures at me in the future be prepared to support it. I understand you made it up this time and are incapable of supporting it.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  7. #207
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by rocket88 View Post
    Then you should ask someone who supports raising taxes. The fact that you can't seem to ask the right person is quite telling (about your ability to read what is written).

    Where do the cuts come from? The GOP won't let us cut defense. That's a large percentage of the budget right there.
    Here are the line item expenses for the Federal Govt. How many times do I have to post it. Why is SS and Medicare on budget? Then how many of those items are duplicated at the state level. I can get the budget down to 1.5 trillion dollars. Get there then we can talk about tax increases.

    Expenses

    Defense 708.3
    International Affairs 45.7
    Gen. Science, Space 30.4
    Energy 12.1
    Natural resources/env 43.3
    Agriculture 22.6
    Commerce/Housing Cr -13.8
    Transportation 93.2
    Community Dev 24.9
    Education/Train/Social 98.0
    Health 372.7
    Medicare 485.7
    Income Security 599.3
    Social Security 730.8
    Veterans Benefits 127.2
    Justice 56.7
    General Govt. 20.7
    Net Interest 227.1

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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Conservative View Post
    Great tactic, when you get a job and four years into that job continue to blame the previous job holder for your poor performance. Let me know how that works out for you
    What is my tactic? Seriously bud, please read my posts or stop quoting them. You clearly have no idea what I said.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by Romulus View Post
    The "multiplier effect" is 1x on government spending. Why do you think Obama fired Christina Romer? In her capacity as head of the Council of Economic Advisers, she studied tax cuts from 47' to 2005 and found a multiplier effect of 3 . This means each government created job cost taxpayers $200,000.00. Whereas a tax cut would have created 3 times as many jobs, and saved taxpayers billions.
    You have some the wackiest economic theories and non-sourced comments I have ever seen! A multiplier effect does not INCREASE the COST of govt spending, at all.

    FFS!
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  10. #210
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    re: Jobless rate rises to 8.3 percent, hiring picks up but still falling short

    Quote Originally Posted by muciti View Post
    ok. well if you want to throw figures at me in the future be prepared to support it. I understand you made it up this time and are incapable of supporting it.
    This is a joke, isn't it? Is unemployment higher or lower this month than last? that is the thread topic.

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