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Thread: SOTU Address:[W: 378; 1310; 1451]

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by justabubba View Post
    as is typical, you are again found to be wrong
    again..you have proven to not know a thing about private sector business ownership....your posts prove that..

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    Re: SOTU Address:

    Yes? Speaking of partisanship?
    go on please.jpeg

    Quote Originally Posted by jonny5 View Post
    Speaking of partisanship.

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    Re: SOTU Address:

    Quote Originally Posted by Conservative View Post
    I linked to the budget of the United States obviously not a site that you are familiar with. I am still waiting for an itemized list of the 2.5 trillion in cuts Obama says he has initiated. Seems that the budget of the United States is foreign to people like you as is the debt and deficits which they report and taxpayers pay debt service on.

    One of these days you and all other liberals are going to wake up and wonder what the hell happened. Imagine debt service and normal interest rates on a 16.5 trillion dollar debt? Debt service is the fourth largest budget item so tell me what benefit that provides to the American people?
    See, I actually know how to read things, and understand where to find them. Your only hope is to desperately try and misdirected from the information I provided which proved you wrong. Won't work though. I am able to see through your mindlessly parroted talking points that you don't really understand.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: SOTU Address:

    Quote Originally Posted by Redress View Post
    See, I actually know how to read things, and understand where to find them. Your only hope is to desperately try and misdirected from the information I provided which proved you wrong. Won't work though. I am able to see through your mindlessly parroted talking points that you don't really understand.
    Do you know the difference between the Dept of Treasury and CBO? Didn't think so. Which one do you believe is more accurate?

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by Adagio View Post
    That is absolutely ridiculous. Raising the minimum wage won't do squat to employers. What it will do is provide more spending into the economy by workers that are now making a living wage. Your assuming that everyone is making minimum wage when they aren't. Most employers pay higher than the minimum wage already. You're talking about minimum wage jobs like McDonalds or Wal-Mart? Do you actually think that these companies can't afford to pay a living wage to people? All you're doing is advocating for employers to get the cheapest labor they can get. So what if a person is working 40 hours and getting paid below poverty. We wouldn't want to hurt the employer would we? This is amazing! You're actually a champion for keeping people in poverty. Well done. Have you considered that the more money people have the more they will spend and the more demand for goods and that employer will have to meet the demand by hiring people rather than laying off anybody? It's consumer spending that drives jobs. It's not my problem that you don't grasp that.
    Have you ever started or run your own business? Your entire post is nothing more than flimsy strawmen and rhetoric. You fail to see the Opportunity Costs and Negative Externalities associated with raising the minimum wage.

    Raising the minimum wage increases poverty, it doesn't alleviate it. The association with wages and poverty is slim at best. As I pointed out in a previous post. It has more to do with skill and education. If you raise the minimum wage, it crowds out the lowest skilled and least educated workers. Minimum wage jobs are supposed to be entry level jobs. It is not supposed to be a "living wage". If workers are struggling with minimum wage jobs at the moment, and they are underemployed, that's just more evidence that our Economy sucks because of Obama's failed policies. The absolute worst time to raise the minimum wage is also during a recession, because there is a contraction in jobs available, hence more competition for fewer jobs. Youth and minorities end up becoming crowded out of the Labor Market.

    http://www.clevelandfed.org/research.../1999/0201.pdf

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    Re: SOTU Address:

    Quote Originally Posted by Conservative View Post
    Do you know the difference between the Dept of Treasury and CBO? Didn't think so. Which one do you believe is more accurate?
    Of course I do, and I did not link to either. I linked to an organization of legislation. You have heard of that, haven't you?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: SOTU Address:

    Quote Originally Posted by Adagio View Post
    Bush 43? He turned a $200 billion surplus into a $400 billion deficit by the end of his first term, and a $1.2 trillion deficit by the end of his second term. Do the math.

    By B. Furnas on Feb 20, 2009 at 3:49 pm. Yesterday, the New York Times reported that President Obama, in the budget he’s releasing next week, will not use “four accounting gimmicks that President George W. Bush used to make deficit projections look smaller.”

    The changes: account for the Wars in Iraq and Afghanistan (“overseas military contingencies”) in the budget rather than through the use of “emergency” supplemental spending bills, assume the Alternative Minimum Tax will be indexed for inflation, account for the full costs of Medicare reimbursements, and anticipate the inevitable expenditures for natural disaster relief. These changes would make the debt over ten years look $2.7 trillion larger than the distorted Bush baseline, but that debt was always there. It was just being hidden. President Bush’s budgets hid billions with elaborate budget gimmicks. They took war-spending off the books, tried to eliminate the costs of wildly expensive tax cuts for the wealthy, and claimed savings through unrealistic, unspecified future cuts in vital discretionary spending.

    I remember vividly when it was announced that Bush would remove the wars from the budget. I also remember as vividly that Obama would put them back on the books. And yes...it was hidden for eight years because so many people didn't even bother to ask questions. We went to war on lies and nobody asked questions. Why would you think that this was so hard to do?
    This is complete phooey. Clinton never ran a surplus. Show us the year, any year, where the debt went down ? The last time was during Eisenhower.

    Further, you use the base year for Obama's first buget as being the one that ended FY 2010, assigning FY 2009 to Bush. Yet 2009 included a good portion of Stimulus, as well as TARP spending that had been appropriated, but not comitted. The net result is that Obama hiked FY 2009 spending by over $600B above the budget originally signed by Bush.

    Obama owns all the largest deficits.

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by Whipsnade View Post
    Hhmm… eh?

    Tell that to the 1.45 million people who are working as a direct result of the $80 billion auto bailout.

    But of course you knew that, when you attempted to deflect to the “non-partisan stimulus “rather than addressing the economic advantages of the multiplier effects of increasing minimum wages 25%.

    That's understandable in a somewhat draconian way when you realize that the only way republicans (The party who is against economically struggling Americans) can get elected,on a national level in the 21st century is with lies and voter suppression.
    Your response is silly

    GM still owes the US taxpayer billions of dollars. There was no multiplier. GM shareholders were also left holding the bag. The GM Bailout was nothing more than a massive payoff to the UAW with taxpayer dollars. In the real world, that's called a scam.

    http://www.sigtarp.gov/Quarterly%20R...o_Congress.pdf

    Obama's Failed Stimulus was voted on down party lines. It was not bi-partisan. It added it's entire cost to the deficit, and it has added it's entire cost to the deficit every year since they the Democrats passed that massive failure. (It was added to the Federal Government's baseline expenditures)

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by justabubba View Post
    the government establishes a wage floor to protect the employees until the business fails
    You nailed it ! Government "protects" the employees, until the business fails. Then how'd it work out for them ?

    Priceless, btw.

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    Re: SOTU Address:

    Quote Originally Posted by Redress View Post
    Of course I do, and I did not link to either. I linked to an organization of legislation. You have heard of that, haven't you?
    Yes, but referenced in that article was CBO information and further there is no better information than the data from the Treasury Dept. That is the bank account of the U.S. You really ought to learn how to use that site and where to get accurate information. Who do you go to for your own financial information if not your bank? The Treasury Dept is OUR bank.

    Still waiting for the defined 2.5 trillion in line item CUTS. You are the one dancing around here because you seem to have the inability to admit when wrong. Obama has cut nothing, the reduction in the deficit was irrelevant because it was so small and had nothing to do with anything Obama has done. That is reality

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