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

  1. #1191
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Govt. spending is like a rebate check, once it is spent it is gone unless someone else steps up and fuel the pump. The 842 billion stimulus did indeed stimulate the economy for a very short period of time but when the money ran out there was no incentive for the private sector to step in and keep it going. You simply have no concept on govt. spending and what it does or doesn't do. Fourth quarter 2009 GDP growth was 4%. Look what happened afterwards and look what is happening today, 1.8% GDP growth thanks to Obamanomics. Why would any business invest their saved up cash today? WHY?
    Private sector doesn't work that way. Business will not use any money to invest where there is no demand.

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

    Quote Originally Posted by AlabamaPaul View Post
    A complete payroll tax holiday, withdrawn slowly over the next few years, would have been much more effective than the stimulus as it was structured. It would have left funds where they were needed most to deal with a balance sheet type of recession...
    WTF??? Why you would you let America's wealthiest people out of paying tax??? Why would you reward them for trying to cheat by keeping their money out of the country to avoid paying tax?

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

    Quote Originally Posted by Conservative View Post
    That is great DD. Thanks so much for the hard work and for putting this cult in their place. Been too damn lazy to do what you just did but doubt it will make a difference as these people do not want the truth or anything contrary to what they want to believe. Far too many buy the rhetoric and don't do the research that you just did.

    Quite an eye opener and just another indication that today's Democrat Party and supporters are more interesting in misleading the public by providing distorted and false information all for their own gain. Keeping people ignorant and dependent is what they do best and they have willing followers many in this forum. Just imagine how many other things they have distorted and lied about?
    And yet, the Republicans ran the House between 1995 and 2006; and the Senate during that same time except for a short period when Jeffords jumped ship.

    Seems you have no sense of personal responsibility. You blame Democrats for the problems caused by Republicans.

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

    Quote Originally Posted by pbrauer View Post
    The Republicans were in charge of the House until Jan 2007, why they just pass the law?
    They had three bills over the years die in the Senate because Republican leadership wouldn't let them move forward in the Senate.

    • S. 1508 (Federal Enterprise Regulatory Reform Act of 2003)

    • S. 190 (Federal Housing Enterprise Regulatory Reform Act of 2005)

    • H.R. 1461 (Federal Housing Finance Reform Act of 2005)

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

    Quote Originally Posted by ocean515 View Post
    Consider the situation faced by business owners today. As reported, they are sitting on money.

    First, the government has imposed a new regulation known as Obamacare. It is so convoluted, and contains such potential risk to business owners, the President has decided by fiat, to withdraw portions of it for another year.

    What kind of impact do you think Obamacare has on business hiring and expansion?

    Second, the President has annouced he plans to sidestep congress, and make changes to energy production and policy. It is well known this will have an impact on the cost of energy. Little takes place in the business world without energy.

    What kind of impact do you think President Obama's new energy policy will have on business hiring and expansion?

    There are many other issues that could be viewed in a similar light.

    These are issues that impact employment. As we both agree, more employment equals more potential demand.

    Unfortunately, it's almost 4pm, and my time in my office here is just about done. I'm afraid I won't be able to respond until a later time.

    I do appreciate the rational discussion.

    There are some here who haven't figured out how to do that.
    None of that matters that much. I don't say they don't discuss it, but they would plow through all of it if there was demand. You could cut taxes altogether, eliminate all regulations(and I wouldn't advise that), and they would still be sitting on their money. They need demand. Without it, you can't coax them enough. With it, you can't stop them. Everything else is a push.

    Thats why they can't show with objective statistics that either has any significant effect on the whole. Either way, Bob might have issues, but Tom has new opportunities. Everything functions on demand and it's relationship to supply. You have fewer doctors, for example, to influence supply, thus raising prices. This is done not by the government, but by the AMA. This highlights one reason for healthcare reform.

    ask yourself this, how would business respond if they didn't have to worry about healthcare any more? With UHC, you remove it from the connection with employment. This would do more than taxes would. Remember overseas, they can pay low wages, not worry about healthcare, or regulations. Sure, more people die from unsafe conditions, pollution in some places much worse, but they have none of it. Do you really think taxes are truly the big issue? And voters are programmed to respond that way. Just say tax cut, and you're more than half way home.

    On he regulation issue, point me to one thread on a specific regulation? Instead there is just a mantra that there are too many. There may be, but which ones serve no purpose? This is the important question.

    As for rational discussion, I appreciate it as well. It's always good when it can happen.

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

    Quote Originally Posted by Gimmesometruth View Post
    This has been covered before, we are trying to use both highly effective stimulus spending (UI, SNAP) and demand side tax cuts, ie tax cuts for lower quintile earners.
    PolitiFact | Maddow claims spending is more stimulative than tax cuts
    Lets get back to this nonsense again.

    The Food Stamp President, Obama, has set all kinds of records for dollar amounts and number of people receiving such handouts. If it was such a stimulus how come the economy is still in the tank?

    Goes back to government spending in general. If a countries wealth and economic condition depended on government spending, all countries would be very wealthy and enjoy nothing but economic good times. Especially the good old USA. Even today, we'd be in the best of times. It is of course, complete nonsense to think that government spending is going to produce good economic times as government produces practically nothing. It is a taker, not a producer. For every dollar it takes from someone who actually earned it, it also loses some of its value in overhead costs which are running wild these days. So it doesn't even come close to outputting anywhere near a dollar out that it took in. Long term, counting on government spending to help the economy along is a fools errand.

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

    Quote Originally Posted by Boo Radley View Post
    Private sector doesn't work that way. Business will not use any money to invest where there is no demand.
    And there is no demand because of low consumer confidence and poor leadership by the WH to create confidence.

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

    Quote Originally Posted by Conservative View Post
    That is great DD. Thanks so much for the hard work and for
    putting this cult in their place. Been too damn lazy to do what you just did but doubt it will make a difference as these people do not want the truth or anything contrary to what they want to believe. Far too many buy the rhetoric and don't do the research that you just did.

    Quite an eye opener and just another indication that today's Democrat Party and supporters are more interesting in misleading the public by providing distorted and false information all for their own gain. Keeping people ignorant and dependent is what they do best and they have willing followers many in this forum. Just imagine how many other things they have distorted and lied about?
    No problem, I've got a drop box account FULL of rescources and data on the Sub-Prime Collapse.

    About 10 x what I just posted.

    They are absolutely corrupt. Selling any semblance of integrity and character for a nickel and a party line.

    I like to post it on HuffPo in the user comments and get Liberals so fired up they finally just resort to name calling and run away.

    Its a good litmus on just how stupid so many in this Country have become.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    They had three bills over the years
    die in the Senate because Republican leadership wouldn't let them move forward in the Senate.

    • S. 1508 (Federal Enterprise Regulatory Reform Act of 2003)

    • S. 190 (Federal Housing Enterprise Regulatory Reform Act of 2005)

    • H.R. 1461 (Federal Housing Finance Reform Act of 2005)
    Still reading the back of Cereal boxes huh ?

    HR 1461, a Bill created by Republicans that made it through a Republican chaired Comitee never got to the Senate because the Democrats threatened to Fillibuster it until the session was out.

    Rebublicans needed 5 DEMOCRATS to make it Fillibuster proof but not one stepped up.

    R's only had a 55 majority in 2005.

    That bill was re-introduced in 2007 into a Democrat chaired Comitee.

    What happened to it ?

    Go back to your Cheerios now, youve been informed.

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

    Quote Originally Posted by pbrauer View Post
    The Republicans were in charge of the House until Jan 2007, why they just pass the law?
    Quote Originally Posted by Sheik Yerbuti View Post
    They had three bills over the years die in the Senate because Republican leadership wouldn't let them move forward in the Senate.

    • S. 1508 (Federal Enterprise Regulatory Reform Act of 2003)

    • S. 190 (Federal Housing Enterprise Regulatory Reform Act of 2005)

    • H.R. 1461 (Federal Housing Finance Reform Act of 2005)
    Thanks for the reminder, Sheik.

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