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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Unfortunately we also aren't recovering like we should.
    How do economies typically recover after a severe financial crisis?
    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

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Yes, that is what happens when this country is attacked, interesting that increases in the budget continue with the war ending in Iraq and the draw down in Afghanistan. Yes, continue to buy the rhetoric and ignore the results. Obama defense spending is higher than any defense spending under Bush.
    This is silly, defense spending under Obama has increased @ 6% since 2009, you would expect that since the burden of caring for those vets will continue to increase for the next 40 years. That is less than an order of magnitude of increases we saw under Reagan.....and we did not even have an active war going on.
    Last edited by Gimmesometruth; 07-11-13 at 05:09 PM.
    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: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    I wonder if you ever are going to come to grips with reality that liberalism has made a fool out of you as has Obama. Results matter and the poor Obama results are what you ignore. Obama was your choice so are you ever going to admit that he hasn't met your expectations? Are you ever going to admit that liberalism is a failure? Wonder what it is about people like you who have such low expectations of your own leadership?
    Laugh, you have once again fallen back into your comfortable rhetoric hole because your Ronnie Raygun numbers comparison has fallen flat.

    You can't face the fact that Reagan doubled spending, tripled the debt, increased defense spending by over 75% to get us out of the 80's recession.
    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: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    How do economies typically recover after a severe financial crisis?
    by stimulating the private sector and consumer spending. The only ones benefiting from the Obama recovery are the banks. The Average American isn't being reported in your textbooks.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Laugh, you have once again fallen back into your comfortable rhetoric hole because your Ronnie Raygun numbers comparison has fallen flat.

    You can't face the fact that Reagan doubled spending, tripled the debt, increased defense spending by over 75% to get us out of the 80's recession.
    For someone in college during the Reagan years you really don't have a lot of credibility in discussing that which you hardly understand.

    Let's see, 17 million jobs created, doubling the GDP, growing Govt. revenue, improving our standing in the world and leaving a peace dividend. Works for me and the majority in this country. It was a double dip recession in 81-82 compounded by a financial crisis of high inflation, high unemployment leading to a terrible misery index which you didn't have to face.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    Of course not, but I don't have to refute your story, only the idea that it is true on the whole. And that is been done, objectively.
    Of course it has been done, but objectively? Not so much. It's indisputable that statistics and analysis are subject to bias and selective interpretation. To claim otherwise is to be foolish.

    As I wrote before, it's well known that a tremendous amount of effort has gone into the theory that President Reagan signaled the beginning of the end of prosperity in the United States. There is a financial and ideological imperitive behind proving such a connection exits.

    This fact alone casts most of the analysis by those purporting to be ojective highly into doubt. I do understand such results are met with great satisfaction by some, because they appear to support the narrative, but that doesn't change the bottom line.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    by stimulating the private sector and consumer spending. The only ones benefiting from the Obama recovery are the banks. The Average American isn't being reported in your textbooks.
    No, i mean what is the typical recovery rate for an economy that goes through a financial crisis?


    Carmen M. Reinhart & Kenneth S. Rogoff's This Time Is Different: Eight Centuries of Financial Folly show's that downturns following financial crises are more severe and longer lasting.

    Comparing it to other recessions is completely disingenuous.
    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

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    What is this? Are you denying that Reagan doubled the budget levels? Yes, you are.


    Actually, the $3.5T (2009) budget has increased to $3.8T, a very small increase, not anywhere near the increases Reagan brought.
    And even the 3.8 trillion number was only an initial projection. We're on track to spend $3.53 trillion by the end of this fiscal year, provided spending trends continue until the end of September. The actual increase in spending under Obama is nothing, and much less of an increase than under Bush and Reagan, and even Clinton both by raw numbers and percentages.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    For someone in college during the Reagan years you really don't have a lot of credibility in discussing that which you hardly understand.

    Let's see, 17 million jobs created, doubling the GDP, growing Govt. revenue, improving our standing in the world and leaving a peace dividend. Works for me and the majority in this country. It was a double dip recession in 81-82 compounded by a financial crisis of high inflation, high unemployment leading to a terrible misery index which you didn't have to face.
    All you do is repeat the same talking points, the GDP claim already debunked.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    For someone in college during the Reagan years you really don't have a lot of credibility in discussing that which you hardly understand.

    Let's see, 17 million jobs created, doubling the GDP, growing Govt. revenue, improving our standing in the world and leaving a peace dividend. Works for me and the majority in this country. It was a double dip recession in 81-82 compounded by a financial crisis of high inflation, high unemployment leading to a terrible misery index which you didn't have to face.
    I did face it, I have no idea ho you think someone working AND going to college without grants or loans did not face it. You just keep on ignoring the massive INCREASES in spending by Reagan to get those "results".
    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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