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Thread: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

  1. #1421
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    How much wealth did you lose? I didn't lose a dime, does that make me smarter than most? Don't think so. Those that didn't sell didn't lose anything. Low taxes and deregulations are a key to any economic growth as they provide incentive to grow and expand due to financial gain from their efforts. Works all the time, problem is sometimes a few unscrupulous individuals cause an over reaction by those who don't like the private sector and capitalism.

    The world economy, especially Europe, is driven by govt. spending. Ours is a private sector economy where govt. spending does very little except create debt and we all know debt has to be serviced and that can cause high inflation and real economic problems.
    You completely avoid the point YOU BROUGHT UP, the bubble popped and caused this massive recession we have just started to crawl out from, all you can go is to change the subject to your small govt rhetoric.

    This is just pathetic.
    Last edited by Gimmesometruth; 04-16-13 at 11:48 AM.
    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.

  2. #1422
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    Average household wealth didn't decline by 16 trillion dollars
    Yes, it did, Kush shows it clearly.


    and wealth only declined if you sold at the bottom. I didn't sell, did you? You want badly to blame Republicans and Bush for all your problems while ignoring the biggest problem of all, people failing to accept personal responsibility and expecting someone else to bail them out.
    FFS....BUSH BAILED OUT THE BANKS!!!!!
    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.

  3. #1423
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    How much wealth did you lose? I didn't lose a dime
    It is not about an individual; overall, real wealth has yet to recover!

    Those that didn't sell didn't lose anything.
    This is false, especially when we adjust for inflation (purchasing power).

    Low taxes and deregulations are a key to any economic growth as they provide incentive to grow and expand due to financial gain from their efforts.
    And it lead to the great loss in net wealth since the Great Depression. Imagine that!

    Works all the time, problem is sometimes a few unscrupulous individuals cause an over reaction by those who don't like the private sector and capitalism.
    You are referring to negative externalities of deregulation and low taxes, i.e. the spillover effects onto millions of individuals due to no fault of their own.

    The world economy, especially Europe, is driven by govt. spending. Ours is a private sector economy where govt. spending does very little except create debt and we all know debt has to be serviced and that can cause high inflation and real economic problems.
    Europe is currently in recession due to a decrease (minor at that) in government spending. It has now spilled over into China as lagging demand out of the Eurozone has led to a decline in Chinese exports. Has China's Economy Hit a ‘Dead End’?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #1424
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Yes, it did, Kush shows it clearly.
    It declined by roughly 100% of real GDP.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #1425
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Kushinator View Post
    Attempted insult toward women is noted.



    You are ignoring the magnitude!

    Household Net Wealth

    The Clinton years:



    The Bush years:

    Looks like a very good climb from 2003-2008 which is basically what I stated. It does seem that far too many believe Bush was President only for 2008 and ignore what was generated from 2003-2008

  6. #1426
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    Looks like a very good climb from 2003-2008 which is basically what I stated. It does seem that far too many believe Bush was President only for 2008 and ignore what was generated from 2003-2008
    GOOD GRIEF, those gains were all given back...WITHIN HIS PRESIDENCY. You ignore the losses when defending Bush, you realize them when when talking about Obama.

    Your partisanship is stunning.
    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.

  7. #1427
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Kushinator;1061697795]It is not about an individual; overall, real wealth has yet to recover!
    Your opinion noted, my wealth declined on paper but since I didn't sell any assets how did that hurt me and yes it is about the individual, individuals make up the whole.



    This is false, especially when we adjust for inflation (purchasing power).
    What inflation? we have record low interest rates showing zero inflation and that is going to happen when you economic policies that discourage economic growth.



    And it lead to the great loss in net wealth since the Great Depression. Imagine that!
    Again, I already told you how much wealth I lost, how much did you lose?



    You are referring to negative externalities of deregulation and low taxes, i.e. the spillover effects onto millions of individuals due to no fault of their own.
    Only if you believe there is no such thing as personal responsibility for buying a house and signing for a variable interest rate that they knew they couldn't afford is no fault of the individual



    Europe is currently in recession due to a decrease (minor at that) in government spending. It has now spilled over into China as lagging demand out of the Eurozone has led to a decline in Chinese exports. Has China's Economy Hit a ‘Dead End’?
    Exactly as the European people have become dependent on the govt. due to their cradle to grave mentality and lack of personal responsiblity. The govt has run out of money to fund those programs and the European people are having a real problem due to the drop in govt. spending. Socialism always fails when it runs out of other peoples' money to spend.

  8. #1428
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    GOOD GRIEF, those gains were all given back. You ignore the losses when defending Bush, you realize them when when talking about Obama.

    Your partisanship is stunning.
    Guess I should thank God for not losing all my wealth. My concern is your economic ignorance, not my partisanship. I learned personal responsiblity a long time ago and don't blame someone else when I make bad choices.

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    Looks like a very good climb from 2003-2008 which is basically what I stated. It does seem that far too many believe Bush was President only for 2008 and ignore what was generated from 2003-2008
    Who cares if it was a good climb for a short period? It was nearly wiped out by 2009! As stated, nothing like this has happened since the Great Depression. There are no positives!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  10. #1430
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Conservative View Post
    Your opinion noted, my wealth declined on paper but since I didn't sell any assets how did that hurt me and yes it is about the individual, individuals make up the whole.
    You are not the whole, that is the point. Your attitude is that since it did not effect me, it has not effected anyone else. This is blindness to reality mixed with a total void of empathy.
    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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