Page 15 of 23 FirstFirst ... 51314151617 ... LastLast
Results 141 to 150 of 229

Thread: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

  1. #141
    Sometimes wrong

    ttwtt78640's Avatar
    Join Date
    May 2012
    Location
    Uhland, Texas
    Last Seen
    Today @ 06:26 AM
    Gender
    Lean
    Libertarian
    Posts
    34,693

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by TaraAnne View Post
    I am just matching your logic am I not. You pretty much do not know how to add either. Lol Bush never put the Wars on the books! You claim Obama is so bad the biggest drivers of the debt are the Bush Tax cuts and the Wars. Plus Bush had a surplus when he came into office and the Republicans pretty much blew through that! So please spare me and the rest of the world the blame Obama bit.
    Where are the Obama savings from ending the Bush Iraq war? Hmm...
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  2. #142
    Banned
    Join Date
    Dec 2012
    Location
    Fort Worth, Tx
    Last Seen
    01-27-13 @ 12:35 PM
    Gender
    Lean
    Very Liberal
    Posts
    439

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by ttwtt78640 View Post
    Where are the Obama savings from ending the Bush Iraq war? Hmm...
    Nice try lol. You have nothing left to offer. I think you may have a case if Obama doubles or triples the debt until that happens why dont you start blaming Republicans for the mess we are in the history of the last 30 years of big spending is all over Republicans hands.

  3. #143
    Sometimes wrong

    ttwtt78640's Avatar
    Join Date
    May 2012
    Location
    Uhland, Texas
    Last Seen
    Today @ 06:26 AM
    Gender
    Lean
    Libertarian
    Posts
    34,693

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Catawba View Post
    "Setting a looming deadline to avert self-created calamity has become a frequent device for the U.S. Congress to get things done in recent years. When all else fails, as it often does, it's supposed to frighten members into action.
    That was the idea when Congress created the "fiscal cliff" in August, 2011 to resolve a partisan struggle, also with a deadline and also self-created, over raising the federal debt ceiling.

    Catastrophic budget cuts, timed to coincide with the threat of hefty income tax increases, would finally produce big cuts in the soaring federal budget by Dec. 31, 2012, or else.
    It didn't work."

    The Fiscal Cliff: Congress Created Looming Deadline To Avert Collapse
    Of course it did not work, it was designed not to work. As I said, Obama is a master manipulator. It was only intended to get Obama re-elected, after that it was tossed aside for more borrow and spend and "continuing resolutions" so that nobody has to sign a "budget" bill. I know that our cowering congress critters will gladly play along, as they love to borrow and spend too. It just seems amazing that this is accepted as "governing" now. Whether it is a congressional stupid committee or the moron in chief "leading from behind" matters little in the end; the plain simple truth is that tossing federal money in all possible directions is not an economic plan and the days of borrow and spend are not as "unlimitted" as the CBO would like us to believe.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  4. #144
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by ttwtt78640 View Post
    Of course it did not work, it was designed not to work. As I said, Obama is a master manipulator. It was only intended to get Obama re-elected, after that it was tossed aside for more borrow and spend and "continuing resolutions" so that nobody has to sign a "budget" bill. I know that our cowering congress critters will gladly play along, as they love to borrow and spend too. It just seems amazing that this is accepted as "governing" now. Whether it is a congressional stupid committee or the moron in chief "leading from behind" matters little in the end; the plain simple truth is that tossing federal money in all possible directions is not an economic plan and the days of borrow and spend are not as "unlimitted" as the CBO would like us to believe.
    You said it was Obama's creation, when in fact it was a creation by Congress. I agree that when the economy has recovered we should cut spending, and most of our wasteful spending is for the military/industrial complex.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #145
    Banned
    Join Date
    Jun 2012
    Last Seen
    10-20-13 @ 04:50 AM
    Lean
    Libertarian - Right
    Posts
    3,195

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by TaraAnne View Post
    I am just matching your logic am I not. You pretty much do not know how to add either. Lol Bush never put the Wars on the books! You claim Obama is so bad the biggest drivers of the debt are the Bush Tax cuts and the Wars. Plus Bush had a surplus when he came into office and the Republicans pretty much blew through that! So please spare me and the rest of the world the blame Obama bit.
    The Clinton Surplus is a myth

    He stole money from the SS Trust Fund to pay down Public Debt. Smoke and Mirrors.

    intragovernmental holdings went up every year he was in office. So did the National Debt. Clinton's last budget left 100B in new debt. He also left Bush with a recession and a plotting/planning OBL in Afghanistan which led to 9/11. In other words, those '2 unfunded wars" that Democrats kept voting would never have been necessary had Clinton done his job as Commander in Chief.

  6. #146
    better late than pregnant
    Gonzo Rodeo's Avatar
    Join Date
    Dec 2011
    Location
    Here
    Last Seen
    Yesterday @ 07:56 PM
    Lean
    Private
    Posts
    4,133

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Perhaps the White House should let the House of Representatives perform it's function, rather than issuing dictates.
    "Political speech and writing are largely the defense of the indefensible. . . . Thus political language has to consist largely of euphemism, question-begging and sheer cloudy vagueness."
    ~Orwell, Politics and the English Language

  7. #147
    Professor

    Join Date
    Dec 2005
    Last Seen
    Yesterday @ 05:02 PM
    Lean
    Undisclosed
    Posts
    1,433

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Zyphlin View Post
    We are not a deadbeat nation...

    We are just a massively fiscally irresponsible, wreckless, governmental equivilent to a "Shopaholic" nation.

    A shop-a-holic shouldn't stop paying off their credit cards....they just shouldn't go on opening up new credit cards to purchase more and more ****.

    There are few, if any, on the right pushing for the notion of defaulting on our loans or on our mandatory spending. There are simply people saying we shouldn't borrow any more money. Most Republicans I see talking about it would then want to CUT discretionary spending to make up the difference and reform entitlement spending. I see very few Republicans saying we should make up for what we can't borrow by not issuing social security checks or not paying our debts. If the President wants to go that route, fine. If he wants to say that's one option that may have to happen, and blame the Republicans for making that option have to be considered, fine. If he's stating that such a thing is what the Republicans are pushing for, that's incorrect.

    The reality is our President and this Congress had 15 months to work out a deal to legitimately and reasonable address our woeful spending issues as they relate to the budget....and they've done nothing but push papers around and give pseudo campaign speeches on it. Now the time is come where the backs are up against the wall and they're both pointing to the other side for blame. They're all to blame because they've all drug their feet.
    Now, now, now...otaxa explicitly stated he is willing to have a conversation. Awe inspiring leadership that makes me feel proud that at least someone is willing to do something, and not just anything mind you. I say conversation summit!
    Caitlyn Strong...

  8. #148
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by sangha View Post
    And I was right. he didn't say anything like that (except in the minds of 2nd amend bed-wetters).
    Wrong again.....you missed the part where he explained the example of what he could do. At least he did give some insight as to how he was looking at it.

    Did you need it explained in Jive?

  9. #149
    Banned
    Join Date
    Jun 2012
    Last Seen
    10-20-13 @ 04:50 AM
    Lean
    Libertarian - Right
    Posts
    3,195

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Kushinator View Post
    Your analysis lacks the substance to debunk anything i have stated. I have never been to the Daily Kos website, so please try and stay relevant and not make simplistic assumptions that do not pertain to this discussion.
    Projection much?

    I gave you at a minimum half a dozen links to studies/reports/MSM articles refuting all your pathetic talking points. You have provided no sources. You have provided no analysis.

    Your response was to ignore every source and continue this ridiculous talking point that Obama didn't spend enough money, the Government is a better investment banker than the private sector, and you have had no response in regards to the Opportunity Costs and Negative Externalities associated with massive Government Spending, such as rising commodity prices, which we have been seeing on the rise for 4+ years as millions upon millions of Americans slip deeper into poverty, and a devaluation of our currency in the long term. All that massive Government Spending really is, is a shifting of resources. There is no net gain. That's why the Stimulus was such a train wreck.

    You can't refute THE FACT that people who are on welfare/unemployment receive their income from the Government, which in reality gets that money through wealth redistribution. There is no productivity/labor associated with their income. They use the money for necessities they would have purchased anyways to stay alive had they been employed, which means there is no multiplier effect in regards to welfare spending. It's a wash. otherwise Spain and Greece would be the leading Economies in the world and all Obama would have to do to create utopia would be print/borrow a gazillion dollars, mint endless trillion dollar coins, and make everyone unemployed forever. The unemployed aren't taking their small unemployment checks and investing that money, in turn creating more opportunities for wealth creation. They don't use that money to hire people, create businesses.

    Consumption is the sole end and purpose of all production - Adam Smith
    Our Economy has a Productivity and Trade Problem. Not a Demand and Supply problem. This notion that we need to borrow and spend spend spend is a fantasy. Our Economy needs PRODUCTIVITY AND TRADE which means JOBS. Not endless welfare and entitlement spending.

    US trade deficit hits seven-month high as exports stay low — RT

    The US trade deficit widened to $48.7 billion in November as visible imports grew by 3.8 percent and far outpaced the number of exports, thereby slowing the growth of the US economy and bringing the trade gap to a seven-month high.
    It's been a proven FACT that FDR's Economic Policies extended the Great Depression. New research shows that there is little if any benefit to massive Government Stimulus Spending

    In Search of the Multiplier for Federal Spending in the States During the Great Depression

    If there was any time to expect a large peace-time multiplier effect from federal spending in the states, it would have been during the period from 1930 through 1940. Interest rates were near the zero bound, and unemployment rates never fell below 10 percent and there was ample idle capacity. We develop an annual panel data set for the 48 states from 1930 through 1940 with evidence on federal government grants, loans, and tax collections and a variety of measures of economic activity. Using panel data methods we estimate a multiplier, defined as the change in per capita state economic activity in response to an additional dollar per capita of federal funds. The state per capita personal income multiplier with respect to per capita federal grants was around 1.1. Some point estimates for multipliers for nontransfer grants and nonfarm grants were higher but not statistically significantly different from one. There is some evidence that AAA farm grants had negative or no effect on personal income. Federal grants had stronger effects on consumption than on personal income, but they had no positive effect on various measures of private employment.
    Obama's Economic Team predicted we'd be at around 5% Unemployment if we passed his failed stimulus which used every Keynesian fallacy you represent. Didn't happen.

    Unemployment Rate Projections - Business Insider



    So instead of a population gainfully employed (As you pointed out happened during the Bush years. The irony is palpable) we have trillions more in new debt, and an economy that is barely keeping up with Population Growth (if even that). These are economic statistics that you have admitted to IN THIS THREAD, yet you still laughable are sitting on your house of cards. It doesn't pass the laugh test.

    Here is the Economic Reality this country is facing right now. Pay attention and get educated:

    1. 47 million Americans are on Food Stamps. That number was 32 million in 2008. In 1970 1 out of every 50 families was on Food Stamps. Under Obama that number is 6.5

    2. A million children in the Public School System are homeless. A 50% rise since 2007.

    NLCHP.org

    3. Median Income has dropped 4 years in a row

    4. Families with a head of household under age 30 have a poverty rate of almost 40%.

    5. The percentage of working age Americans with a job has been under 59% for 39 straight months. This is AFTER Obama's Stimulus and Omnibus Spending bills were signed into law

    6. In Sept 2009 58.7% of working age Americans were employed. 4 years later guess what. It's the exact same % basically. This is after Obama has borrowed/printed/spent nearly 6 trillion and Harry Reid refuses to pass a budget. Lemme guess, Bush's fault right? No net gain in jobs. No multiplier effect. No net increase in % of Americans employmed after trillions in Government Spending.

    http://research.stlouisfed.org/fred2/data/EMRATIO.txt

    7. More than 100 million Americans who are of working age DO NOT HAVE A JOB

    8. Obama predicted 4.2% GDP next year. The rosiest of projections puts it at 2.5%

    9. The US Economy is on the decline globally

    A Look Behind the U.S. Decline in Global Competitiveness - NYTimes.com

    10. 5 million less manufacturing jobs since 2000

    http://research.stlouisfed.org/fred2/data/MANEMP.txt

    11. A shrinking middle class

    The middle class falls further behind - Aug. 22, 2012

    12. 55% of small businesses would not start their businesses today. Blame Obama

    55 percent of small business owners would not start company today, blame Obama | WashingtonExaminer.com

    13. Obama issues 216 billion in regulations last year.

    Report: Obama officials issued $216 billion in regulations last year - The Hill's RegWatch

    14. Middle Class Household Spending is on the decline

    Middle class suffers 'worst decade in modern history,' report says | Fox News

    15. 1 out of 4 jobs in this country pays 10 bucks an hour

    16. Obama is spending 5.60$ for every 1$ of actual real wealth generated in the private economy. He has to borrow/print the rest

    17. Obama has to borrow 46 cents for every dollar he spends

    I could produce dozens of economic statistics from MSM sources and it wouldn't matter. You will just continue to toss out simplistic taking points, red herrings/strawman/obfuscate/deflect/blamebush ect. and pretend you know what you are talking about when you don't.

  10. #150
    Sage
    mac's Avatar
    Join Date
    Jun 2010
    Location
    DC Metro
    Last Seen
    11-13-16 @ 12:58 PM
    Gender
    Lean
    Moderate
    Posts
    22,499

    Re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Kushinator View Post
    No. It was a different economic climate. Do you need me to explain why?
    Yes, I do.

Page 15 of 23 FirstFirst ... 51314151617 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •