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

  1. #1831
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    The fault of the private sector. You seem to want to blame democrats for the failure of private industry.



    Inflation adjusted gains of more 30% in less than 4 years are substantial, no matter how politically inconvenient it is to your "cause".
    No, cannot blame Democrats for that which they don't understand which is what I do blame Democrats for, they don't understand the private sector at all because they are too busy wanting to keep people dependent.

    A 30% increase that still doesn't get us back to pre recession levels is a disaster especially with the dollars spent to generate those numbers. Great quote from Thomas Sowell that applies to you.

    It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

    Thomas Sowell

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

    Quote Originally Posted by Conservative View Post
    How about that, China does have a minimum wage?
    Congrats your google skills are improving.

    Where is that liberal apology?
    Why because you actually looked something up for once?

    Guess I am not like China at all
    Yeah you are worse.

  3. #1833
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ItAin'tFree View Post
    Facts? You think political spin from the Whitehouse is "facts"? Seriously? You have to be joking, right?

    Alright, back to the main topic. There was no Clinton "surplus". Just spin.

    The deficit:
    1 Oct 1999-5,652,679,330,611
    29 Sep 1999 5,674,178,209,886
    total-21,498,879,275

    1 Oct 2000-5,674,178,209,886
    28 Sep 2001-5,807,463,412,200
    total-133,285,202,314

    Those facts came from: http://www.treasurydirect.gov/np/debt/current

    So what to make of them? Simple. The capital gains tax cut and the dot com boom created good business conditions. Then, dot com boom played out and was way past its peak and it showed. Clinton didn't have a clue and was leaving Bush a mess but so what? He got plenty of sex, wasn't convicted of impeachment and his punishment for his felony conviction wasn't going to stop him from making millions. The numbers don't lie and both budgets 1999 and 2000 belong to Clinton. Business conditions were not real good the day Bush took office, in fact a major downward trend was what Bush was faced with along with Clintons $133,285,202,314 deficit his first year.

    Lets also not pretend the federal debt started with Bush. Clinton added to it every year (once again use the treasury website for facts instead of whitehouse spin). You and I can both blame Bush for added to the federal debt but no president in American history has added to the debt like Obama has. And with Obama, because of unaffordable Obamacare, our nation is doomed.

    real numbers. real facts. real truth. No whitehouse spin. have a good day chump.
    First, its the US Budget. The budget is authored and controlled by Treasury, which is a part of the administration. Second, the numbers you posted are not the deficit, its the debt. They are not the same thing. Though changes in debt are loosely correlated to the deficit, when cash comes into the treasury, it goes into the cash account. You would have to look at the entire federal balance sheet and do a funds flow to directly reconcile changes in debt to deficit.

    We are back to the same thing.... Clinton ended his presidency with essentially a balanced budget; Bush turned that balanced budget into $1T+ deficits; Obama has not been about to fully turn around those deficits (though they are back to late Bush presidency levels). Though the debt is up during the Obama administration, the deficit infrastructure, which is driving the debt, was set a decade ago.

    No, the federal debt existed when Bush assumed office, but we had no deficits. You keep using debt and deficit interchangeably. You do understand the difference, do you not, plebe?

  4. #1834
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by upsideguy View Post
    First, its the US Budget. The budget is authored and controlled by Treasury, which is a part of the administration. Second, the numbers you posted are not the deficit, its the debt. They are not the same thing. Though changes in debt are loosely correlated to the deficit, when cash comes into the treasury, it goes into the cash account. You would have to look at the entire federal balance sheet and do a funds flow to directly reconcile changes in debt to deficit.

    We are back to the same thing.... Clinton ended his presidency with essentially a balanced budget; Bush turned that balanced budget into $1T+ deficits; Obama has not been about to fully turn around those deficits (though they are back to late Bush presidency levels). Though the debt is up during the Obama administration, the deficit infrastructure, which is driving the debt, was set a decade ago.

    No, the federal debt existed when Bush assumed office, but we had no deficits. You keep using debt and deficit interchangeably. You do understand the difference, do you not, plebe?
    Aw, yes, so much for "we will never forget" with regard to 9/11 and just like you forget that Clinton left Bush with a recession. We did indeed have deficits, 1.4 trillion of them during the Clinton 8 years.

    Debt to the Penny (Daily History Search Application)

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

    Quote Originally Posted by winston53660 View Post
    Congrats your google skills are improving.



    Why because you actually looked something up for once?



    Yeah you are worse.
    Aw, yes, one more time I post data and information that refutes your claims. Since Google is your friend, suggest you Google regulations in China as well and you will find that there are numerous regulations most on private business that is in direct conflict with the govt. controlled business operations

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

    Quote Originally Posted by Conservative View Post
    Aw, yes, one more time I post data and information that refutes your claims.
    pffft thats funny. Believe whatever floats your ego

    Since Google is your friend, suggest you Google regulations in China as well and you will find that there are numerous regulations most on private business that is in direct conflict with the govt. controlled business operations
    So your position is that even China's regulation is too much?

  7. #1837
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Fact remains you have no idea what the line items are in the budget and simply cannot admit it. I have no agenda other than to do what I am doing, proving you wrong in every post you make.
    You didn't "prove me wrong" about anything, all you do prove is how you continuously avoid apples to apples comparisons.
    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
    You didn't "prove me wrong" about anything, all you do prove is how you continuously avoid apples to apples comparisons.
    LOL, yep, another brilliant liberal who combines expenses to make yourself look good. Please learn what a line item expense is vs. lumping all expenses together. I stand by my statement, debt service(Interest expense) is the fourth largest budget item and benefits the American people how?

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

    Quote Originally Posted by winston53660 View Post
    pffft thats funny. Believe whatever floats your ego



    So your position is that even China's regulation is too much?
    As an Obama supporter you must be so proud.

    The Architect of Destruction

  10. #1840
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    LOL, yep, another brilliant liberal who combines expenses to make yourself look good. Please learn what a line item expense is vs. lumping all expenses together. I stand by my statement, debt service(Interest expense) is the fourth largest budget item and benefits the American people how?
    Oh my goodness, this is getting stupid!

    When you want to find out how large a thing is in comparison to the whole....YES VIRGINIA, YOU ADD ("LUMP") ALL OF THE ITEMS TOGETHER AND DIVIDE THE "THING" (INTEREST) BY THE "LUMP".

    SO FRIGGING SAD
    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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