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

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

    Quote Originally Posted by pbrauer View Post
    Mean while you didn't answer my question about John McCain and the fact he didn't work in the private sector... Yet the Republican party nominated him anyway.
    John McCain isn't on the ballot but John McCain had a military background and the discipline and leadership that goes with it. Obama lacks both. McCain isn't on the ballot in November but the Obama record will be

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

    Quote Originally Posted by AdamT View Post
    Not true. They'd be called a turnaround specialist and given an eight-figure salary.
    And after three years they better have results.

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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
    John McCain isn't on the ballot but John McCain had a military background and the discipline and leadership that goes with it. Obama lacks both. McCain isn't on the ballot in November but the Obama record will be
    He also demostrated poor judgement in selecting Palin.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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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
    Aw, yes, let's relive the Reagan years and its 16 million net job growth, doubling of GDP, 60% growth of govt. revenue and the destruction of the Soviet Union giving Clinton a peace dividend all in a thread about the unemployment rate rising to 8.3. Typical Jay Walking attempt to divert from the Obama record of a labor force less than before the recession, a net job loss, more unemployed, more discouraged workers, 5.4 trillion added to the debt, 1.5% GDP growth. I can see why that is so important to you. Anyone that supports Obama doesn't have a lot of credibility and newbie that includes you
    Of course, the key ingredient of the "Reagan years" was not Reagan, but the Steve Jobs, Bill Gates, Andy Groves, Scott McNealy and other warriors of the computer revolution. I know you have this fantasy that somehow Reagan 'created' this grand economy and lead the charge of economic growth by simply tweaking the tax code; sorry, but that is really little more than a romantic fantasy. The prosperity of the 1980's (and 1990's) was not created by something as trivial as a tax code change. It was far more substantive than that.

    Our 20 years of prosperity (1980 to 2000) was substantially tied to the advent of the personal computer and the rapid deployment of enterprise solutions in all business, large to small, was one of the great economic transformations of all time. A technology revolution. Reagan was merely fortunate enough to be president at the beginning of it, so people want to give his leadership credit, but the reality is he was pretty much a bystander with benefits. Since the revolution went from about 1980 to 2000, Bush I and Clinton were also beneficiaries. It wasn't so much their great leadership, but their ability to get out of the way and not screw anything up.

    Unfortunately, we are pretty much post-computer/Internet revolution so we lack the accelerant for a good economic fire. In fact, to a great extent we are dealing with the blacklash of this technology revolution in that many jobs have been eliminated by technology and people have yet to adapt.
    Last edited by upsideguy; 08-05-12 at 12:26 AM.

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

    Quote Originally Posted by Boo Radley View Post
    He also demostrated poor judgement in selecting Palin.
    Your opinion noted

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

    Quote Originally Posted by upsideguy View Post
    Of course, the key ingredient of the "Reagan years" was not Reagan, but the Steve Jobs, Bill Gates, Andy Groves, Scott McNealy and other warriors of the computer revolution. I know you have this fantasy that somehow Reagan 'created' this grand economy and lead the charge of economic growth by simply tweaking the tax code; sorry, but that is really little more than a romantic fantasy. The prosperity of the 1980's (and 1990's) was not created by something as trivial as a tax code change. It was far more substantive than that.

    Our 20 years of prosperity (1980 to 2000) was substantially tied to the advent of the personal computer and the rapid deployment of enterprise solutions in all business, large to small, was one of the great economic transformations of all time. A technology revolution. Reagan was merely fortunate enough to be president at the beginning of it, so people want to give his leadership credit, but the reality is he was pretty much a bystander with benefits. Since the revolution went from about 1980 to 2000, Bush I and Clinton were also beneficiaries. It wasn't so much their great leadership, but their ability to get out of the way and not screw anything up.

    Unfortunately, we are pretty much post-computer/Internet revolution so we lack the accelerant for a good economic fire. In fact, to a great extent we are dealing with the blacklash of this technology revolution in that many jobs have been eliminated by technology and people have yet to adapt.
    My fantasy? No, my understanding of leadership which obviously you don't. Reagan unleashed the American entreprenuerial spirit which obviously you don't understand. How many millionaires did Zuckerberg create today? It really is a shame to see people like you support someone who destroys incentive and the private sector growth all because of your lack of understanding of the principles that made this country great.

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

    Quote Originally Posted by Boo Radley View Post
    He also demostrated poor judgement in selecting Palin.
    which remained better judgement than slightly more than half of the democrat party in selecting obama over hillary.

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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
    My fantasy? No, my understanding of leadership which obviously you don't. Reagan unleashed the American entreprenuerial spirit which obviously you don't understand. How many millionaires did Zuckerberg create today? It really is a shame to see people like you support someone who destroys incentive and the private sector growth all because of your lack of understanding of the principles that made this country great.
    Sorry to crush your fantasy, but unless you can find cites in the memoirs of Gates/Groves/Jobs or other major innovator of the 1980's, etc., that they were inspired by "his great leadership", I am afraid there is no basis for your claim other than you wish it to be so. I am not saying Reagan was completely incidental to what happened, but you and many Regressives give him way, way too much credit. All we can credit him with is not getting in the way.
    Last edited by upsideguy; 08-05-12 at 12:25 PM.

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

    Quote Originally Posted by upsideguy View Post
    Sorry to crush your fantasy, but unless you can find cites in the memoirs of Gates/Groves/Jobs or other major innovator of the 1980's, etc., that they were inspired by "his great leadership", I am afraid there is no basis for your claim other than you wish it to be so. I am not saying Reagan was completely incidental to what happened, but you and many Regressives give him way, way too much credit. All we can credit him with is not getting in the way.
    Ok, if you buy the fact that Reagan didn't get in the way then why can't you see that is exactly what Obama is doing, getting in the way? That is a major difference thus the entirely different results

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    Quote Originally Posted by Conservative View Post
    Ok, if you buy the fact that Reagan didn't get in the way then why can't you see that is exactly what Obama is doing, getting in the way? That is a major difference thus the entirely different results
    Reagan raised corporate taxes and made the capital gains tax the same rate as ordinary income.



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    Last edited by pbrauer; 08-05-12 at 03:06 PM.


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