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

  1. #1801
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Then apparently the 55-58% of the public that isn't supporting OBama doesn't understand it either because people always vote their pocketbooks not your textbooks
    Is that why Obama wiped the floor with the best the GOP had to offer, both times?
    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
    Perhaps you should spend more time getting your nose out of the books and getting out there seeing the real world.
    Perhaps you should stop making reference to proverbial textbooks and actually address my statements.

    Like this one; you ran with tail between legs.
    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 Kushinator View Post
    Is that why Obama wiped the floor with the best the GOP had to offer, both times?
    the best the GOP had to offer didn't run but Romney was one helluva lot better than Obama ever dreamed of being. Keep that bridle hitched to a real loser. The results speak for themselves

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

    Quote Originally Posted by Kushinator View Post
    Perhaps you should stop making reference to proverbial textbooks and actually address my statements.

    Like this one; you ran with tail between legs.
    Post 1774 was in response to your novel. Suggest you get some help keeping track of responses to your posts.

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

    Oh, I can make up an arbitrary list from a Treasury report too!

    2010 budget.JPG
    http://fms.treas.gov/annualreport/cs2012/outlay.pdf


    Whoo hoo...I beat cons!!!! I RULE!!!!
    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 Gimmesometruth View Post
    Oh, I can make up an arbitrary list from a Treasury report too!

    2010 budget.JPG
    http://fms.treas.gov/annualreport/cs2012/outlay.pdf


    Whoo hoo...I beat cons!!!! I RULE!!!!
    Get someone to help you understand line items. Just will add that to the list of things you don't understand but claim that you do.

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

    Quote Originally Posted by Conservative View Post
    the best the GOP had to offer didn't run but Romney was one helluva lot better than Obama ever dreamed of being. Keep that bridle hitched to a real loser. The results speak for themselves
    People vote with their wallets, and nominal GDP growth has been around 4% since 2010.
    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
    Post 1774 was in response to your novel. Suggest you get some help keeping track of responses to your posts.
    Learn how to properly code your responses.
    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
    Get someone to help you understand line items. Just will add that to the list of things you don't understand but claim that you do.
    You didn't list "line items", you listed some departments. It was arbitrary and designed to fit your agenda.

    The fact remains, interest made up 5.6% of the 2010 budget outlays.

    Chicken little arguments avoid real numbers.
    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
    You seem to miss the point, where are the dollars going to come from to pay those obligations?
    Future tax revenue.

    Was SS designed to prop up the Treasury and give the President and Congress a slush fund to spend? Imagine what kind of condition we would be in now without trillions in IOU's?
    Investing their surplus in government securities is not propping up the Treasury. You have a vivid imagination!

    I see, so your return on your "investment" in SS is generating the kind of return you would generate without it and then having that investment your Money?
    You keep responding to arguments i have never made. Show me one time where i said the S.S. trust fund is beating the market average? You are full of nonsense.

    Trillions of risk free IOU's you mean?
    All debt is an asset for the counterparty.

    Where is the money going to come from to fund the cost of our bloated Federal Govt. and those SS/Medicare IOU's?
    Future tax revenues.

    Actual analysis is nothing more than an educated guess that future activities will follow historical performance? How many predictions of Obama have been accurate?
    You are illiterate when it comes to financial analysis. Actuarial analysis is analysis provided using actuarial methods. Today you learned something new!

    What will a rise in interest rates to do debt service on the current 17 trillion dollar debt?
    It will have zero effect on the $17 trillion in debt. Future debt issuance would be more costly in a higher interest rate environment; debt yields are fixed. Another instance of conservative ignorance.

    Any idea what printing and borrowing money will do to interest rates?
    Tell me, what have they done?



    No correlation at all!

    Right now debt service is about 250 billion a year and rising.
    Debt service is still at historic lows with respect to economic output.

    Tell me that is good fiscal policy to have a rising debt and rising debt service taking up a bigger percentage of the budget?
    The only thing that matters is how fast it grows with respect to economic output. See the chart at the bottom.

    Your projections of a significant reduction in debt service is misguided glee especially since the deficit will still be close to a trillion dollars if not over a trillion.
    The 2013 federal deficit is currently less than $250 billion 6 months into year. There has to be severe increases in government expenditures for the deficit to approach more than $700 billion between July and January 2014. Heroic assumption at best.

    139 billion isn't a good indication of what is going to happen during these summer months.
    Why do you neglect to mention surpluses over $100 billion in both April and June?

    Analyze until your heart's content but what happens if you are wrong? The private sector is growing at a very poor rate. Never in the history of this country have we had such a slow recovery after the end of a recession, a recovery stymied by the poor leadership of our community organizer. Until you stimulate the private sector to put 21 plus million unemployed/underemployed/discouraged workers back to work full time the economic situation isn't going to get any better. Bank on it. Actual reality trumps your analysis
    Your knowledge of economic history is pathetic. The bottom of the Great Depression occurred in 1933 (the last time the U.S. faced such a severe financial crisis). Your presence here is simply to promote an agenda, without any regard for data, analysis, theory, discussion, etc... that does not lend credence to your ideology. If it contradicts Rush, it must be liberal brainwashing. Weak debate tactic.
    Last edited by Kushinator; 07-25-13 at 04:52 PM.
    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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