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

  1. #1961
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Fenton View Post
    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.
    Clearly the point was lost on you.

    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.

  2. #1962
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ReformCollege View Post
    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.
    It's not about wanting to lower them, or thinking that's the problem. Only that if that is a by product, we can live with it.

    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.

  3. #1963
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ItAin'tFree View Post
    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.
    He's a good man, and I wish him and very one else success. But that's not really the point. And it's dishonest to suggest it is.

    The point is that in solving problems, it may see some results that favor some and not others. It's life.

    One other minor point. Yes my brother-in-law worked hard. But like most successful people he had help. His grand parents paid all his bills and gave him a monthly allowance of $5,000. I would also say I wouldn't have gotten where I am without support from others. And that's also how it works for most.

    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 Conservative View Post
    The results we have today??
    The results are of ideas like this:

    On the economy[edit]

    • You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.

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

    Quote Originally Posted by winston53660 View Post
    The results are of ideas like this:

    On the economy[edit]

    • You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.
    Since you are so concerned about deficits as a percentage of GDP what was that percentage under Reagan and what is it now?

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

    Quote Originally Posted by Boo Radley View Post
    It's not about wanting to lower them, or thinking that's the problem. Only that if that is a by product, we can live with it.
    I would disagree. You have to be careful not to continue to drive out private practices by continuing to cut into their revenues..... Giving hospitals CEOs an even greater monopoly on the healthcare business isn't healthy in the long term.

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

    Quote Originally Posted by ReformCollege View Post
    I would disagree. You have to be careful not to continue to drive out private practices by continuing to cut into their revenues..... Giving hospitals CEOs an even greater monopoly on the healthcare business isn't healthy in the long term.
    That's really a false concern. They won't leave the profession, and their salaries have no effect on hospital CEOs.

    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%

    Obama is given credit for creating 195000 jobs most of which are part time jobs and then supporters claim he has cut the deficit. What is it about liberalism that creates this kind of loyalty. simply wanting results doesn't guarantee results. Obama has no ability to motivate and manage anything in the private sector and has no interest in lowering the deficit.

    Obama didn't agree to the sequester cuts and now this?


    White House doubles down on vow Obama won't agree to more spending cuts | Fox News

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

    Quote Originally Posted by Conservative View Post
    Obama is given credit for creating 195000 jobs most of which are part time jobs and then supporters claim he has cut the deficit. What is it about liberalism that creates this kind of loyalty. simply wanting results doesn't guarantee results. Obama has no ability to motivate and manage anything in the private sector and has no interest in lowering the deficit.

    Obama didn't agree to the sequester cuts and now this?


    White House doubles down on vow Obama won't agree to more spending cuts | Fox News
    Where would you cut. Be specific.

    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
    Where would you cut. Be specific.
    I have posted the cuts many times, so suggest you do some research. Here are the line item budget items. Remove SS and Medicare and take it all off budget, dissolve the unified budget completely. Then start cutting starting with the education department, EPA, Energy, Commerce Dept. and return all social programs back where they belong, the state and local communities. Charge all foreign countries that have illegal immigrants in this country and take the money out of foreign aid. Cut Unemployment insurance back to its original intent from the current two years.

    That would be a good start. Why do we need a Federal Govt. to administer these programs when they are duplicated at the state level. Removing SS and Medicare from the budget and cutting departments would get us down to an approximate 1.5 trillion dollar federal govt. Which is what it should be. Defense and not much else.
    Defense
    International Affairs
    Gen. Science, Space
    Energy
    Natural resources/env
    Agriculture
    Commerce/Housing Cr
    Transportation
    Community Dev
    Education/Train/Social
    Health
    Medicare
    Income Security
    Social Security
    Veterans Benefits
    Justice
    General Govt.
    Net Interest

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