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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
    Yes, we need liberals to keep all us conservatives from starving kids, killing seniors, and polluting the air, in other words to protect us from ourselves. We need liberals about as much as we need another virus without an antidote. There obviously isn't enough arrogance in the world thus we need liberals.
    Not the way I'd say it, but yes with unchecked conservatism there comes more control and ultimately abuse. It works the same way with unchecked liberalism, in a different way.

    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 Boo Radley View Post
    Not the way I'd say it, but yes with unchecked conservatism there comes more control and ultimately abuse. It works the same way with unchecked liberalism, in a different way.

    Interesting...And what in your opinion happens with "unchecked liberalism"???
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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

    Quote Originally Posted by j-mac View Post
    Interesting...And what in your opinion happens with "unchecked liberalism"???
    The results we have today??

    Then how about those phony scandals??

    http://patriotaction.net/video/video...sg_share_video
    Last edited by Conservative; 07-27-13 at 10:29 AM.

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

    Quote Originally Posted by AlabamaPaul View Post
    Trust me, I used to feel the same way, but I am currently free from pain killers and loving it...
    I'm personally convinced that back pain is due to not having a strong enough back to properly maintain posture and therefore distribute your weight. Take that as you will.

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

    Quote Originally Posted by Boo Radley View Post
    No one suggests over wise. Not that we pay for things that way. Are you sure you know what's being argued?
    You're arguing that essentially doctors are no better then plenty of other people with doctorates and therefore deserve to be paid less. I've attacked both the premise and the conclusion of that argument.

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

    Quote Originally Posted by j-mac View Post
    Interesting...And what in your opinion happens with "unchecked liberalism"???
    Just as bad. Less order. Less constraints where we need constraints. Less attention to the hard decisions. All of which leads to abuse of someone as well.

    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 ReformCollege View Post
    You're arguing that essentially doctors are no better then plenty of other people with doctorates and therefore deserve to be paid less. I've attacked both the premise and the conclusion of that argument.
    Actually, that was never my argument. I merely noted many are educated and don't always get paid based on that education. Nor did I say anything about deserved. I said clearly I don't want them not to make a good living, but that a small decrease would not equal them being poor. The number I used or an example was my brother in law telling me he thought he go from 300k to !295 k per year. Neither number is what we should call poverty.

    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 Boo Radley View Post
    Debt is another issue. We're talking about
    the economy. Jobs. These things. No
    president can control these. No president can create jobs without hiring and spending money. It grows the debt, but it is all a president can do.

    The economy responses to a multitude of factors, few of which government has anything to do with. Instead of reading all that was linked and referred to, you limit your response to what you think will most marginalize my argument. This is a poor tactic, mostly because 1) it shows you haven't read it all and 2) doesn't dispute the the effect of other factors.

    You then turn to moving the goal posts. We're not talking about the debt, which is a separate issue.

    As for the collapse, you also fail to recognize other players. I could present something like this:

    Bush drive for home ownership fueled housing bubble

    http://www.nytimes.com/2008/12/21/bu...anted=all&_r=0

    But I actually believe many are responsible. Not just democrats and republicans, but greedy lenders, unrealistic borrowers, and a silly belief that prices would never go down.

    But here's some reading for you:

    Most of the economists we spoke to agreed that the recession was caused most directly by long-term trends, especially a bust in housing prices and high energy prices, rather than by political factors.

    "The Democrats can be blamed for setting the economy on a bubble-driven path in the 1990s, but the Republicans cannot escape blame for continuing this path and allowing an even larger and more dangerous bubble to develop in the first decade of the 21st century," said Dean Baker, an economist with the liberal Center for Economic and Policy Research. "Is Rep. Foxx claiming that if we just left the Republicans in control, the housing bubble would still be growing so that we would have an even greater disaster to look forward to at the point when it finally collapsed?"

    (snip)

    "Anyone who tries to link the ups and downs in business to something happening in D.C. is obligated to explain what it is that happened," Reynolds said. "Otherwise, it's likely random luck. Politicians are not as important as they like to think they are."

    We agree. The evidence shows that the economy did not "nose dive" for at least a year after the Democrats took control of Congress, and experts of various ideological backgrounds agree that long-term trends in the housing and energy markets played a bigger role in directly causing the recession. While what happens in Washington can certainly influence the economy, it is only one of many factors. We believe it is the height of partisan wishful thinking to imply that one party's accession to power in Congress is to blame for a major recession. Pants on Fire!

    PolitiFact | Foxx blames recession on Democratic Congressional takeover




    http://www.uvu.edu/woodbury/jbi/volu...singBubble.pdf
    You have no idea what your'e talking about.

    Clintons Long list of Executive Orders in his 1995 National Homeowners Strategy among other things lowered Capital Requirements for Fannie and Freddie from 10% down to 3%.

    Not too mention Clinton replaced all of the GSEs executives and most of their board members with his corrupt Democrat buddies.

    Fannie Mae started turning crap loans into securities in 1997 and by 2000 had pumped enough toxic securities into the markets to cause a systemic failure.

    The whole affordable housing agenda was pushed by Democrats and included the lowering of lending standards based on the false narrative of " redlining".

    By 2008 Fannie and Freddie held over 5 TRILLION in crap loans and toxic MBSs backed by crap loans. Close to 70% of ALL Sub-Prime, Alt-A, NINA and CRA loans bought and sold in America.

    In 2004 when Fannie's Regulator was warning Democrats that Fannie and Freddie were Corrupt and on their way to collapse, the Democrats were sitting in front of REPUBLICAN chaired comittee's lying about the health of the GSEs.

    Bush from the start of his Presidency tried to pass strict and new regulatory controls on the GSEs with Republicans holding Committee's trying to get to the bottom of the inevitable collapse of the Bubble.

    A bubble that was built from the ground up by policies put in place in the 90s, that was perpetuated by Clinton's corrupt appointee's which included Franklin Raines who misreported billions so he could meet his executive bonus targets.

    Bush and the Republicans were the ONLY politicians who actually TRIED to do something about the coming collapse.

    Lets see if you can point to ONE Democrat initiative to reign in the corrupt GSEs during the Bush Presidency.
    Last edited by Fenton; 07-27-13 at 04:50 PM.

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

    Quote Originally Posted by Boo Radley View Post
    Actually, that was never my argument. I merely noted many are educated and don't always get paid based on that education. Nor did I say anything about deserved. I said clearly I don't want them not to make a good living, but that a small decrease would not equal them being poor. The number I used or an example was my brother in law telling me he thought he go from 300k to !295 k per year. Neither number is what we should call poverty.
    Why exactly should they take a small decrease in the first place? Chopping doctors salaries by 5-10% a year isn't going to decrease healthcare costs by even 1%, so what is the point of it? I can't really think of a reason, other then envy. Sure, we should restructure incentives to prevent excessive testing and such, but lets also remember a large of doctors and hospitals start ordering unnecessary tests in response to cuts in reimbursement in the first place.

    Salary is based on factors other then education. The demand and rigor for that profession being one of them. Doctors have a very rigorous and difficult profession, require 12-16 years of secondary education, and play a role that is very much in demand in a modern day society. Someone who is just "highly educated" without the other two legs to stand on may not be paid as well as someone "less educated" in a more competitive and in demand field. That's just how it works.

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

    Quote Originally Posted by Boo Radley View Post
    Actually, that was never my argument. I merely noted many are educated and don't always get paid based on that education. Nor did I say anything about deserved. I said clearly I don't want them not to make a good living, but that a small decrease would not equal them being poor. The number I used or an example was my brother in law telling me he thought he go from 300k to !295 k per year. Neither number is what we should call poverty.
    Liberal greed , envy, and spite on example in that post. I say good for your brother in law and with any luck maybe his talents can allow him to make a little more. Of course I'd say the same about anybody else too. He did the work to place himself in position to earn that amount, same as the guy riding around on the back of a garbage truck. Everybody in America gets a shot, some take advantage of it, others chose to live a lifestyle that shuts the door of opportunity in many areas. Nobody to credit but yourself, nobody to blame but yourself. Minus government obstruction all along the way, of course.

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