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

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?
 
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.
 
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
 
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.
 
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.
 
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.
 
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.
 
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?

fredgraph.png


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.
 

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People vote with their wallets, and nominal GDP growth has been around 4% since 2010.

Well then, congratulations, you and those supporters got exactly what you wanted, high unemployment, low economic growth, and massive increases in the debt. You must be so proud.
 
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.

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 think claiming that I want this country like China is a winning argument? All that does is divert from current economic results of Obama and policies that are fundamentally changing this country into a China but actually more like the European socialistic economy which is based on a large central govt. that has people dependent.

See, that's not what I'm claiming. I'm claim what YOU want (you know, no regulations and no minimum wage) can be found in a government like China. So, what YOU want is to be in China. China favors employers, has next to no regulations, and no minimum wage.

So, if we want to fundamentally change this country into one like China, we need to do the things you support.
 
Kushinator;1062105414]Future tax revenue
.

Projections again? When was the last time your projections were right? How much in tax revenue are we collecting from the millions unemployed/under employed/discouraged workers?


Investing their surplus in government securities is not propping up the Treasury. You have a vivid imagination!

You really don't understand self insured do you nor the fact that the govt. doesn't invest, the govt. spends. Too bad you are an example of today's education system


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.

Never said it was beating the market averages because that would be a lie. What is nonsense is the govt. taking SS contributions and spending it on items other than SS and getting a pass from people like you.

All debt is an asset for the counterparty.

Have fun spending those IOU's

Future tax revenues.

Declining labor force growth isn't going to have much effect, is it? Good luck on those projections which have yet to be right



You are illiterate when it comes to financial analysis. Actuarial analysis is analysis provided using actuarial methods. Today you learned something new!

No question about it, I only hope that I can become half as smart as you think you are. Your financial analysis doesn't put food on the table or people in housing.


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.

How is debt financed again and what interest rate? I would have thought someone as smart as you think you are would understand debt financing and interest rates better.

Tell me, what have they done?

fredgraph.png

Isn't that great, Obama and liberalism has so much invested in poor economic growth and high unemployment. Both keep interest rates and inflation low


Debt service is still at historic lows with respect to economic output.

Record low interest rates certainly aren't having any affect on the economy, are they? Think the Fed loves seeing interest rates this low? Must be an indication of the booming economy



The only thing that matters is how fast it grows with respect to economic output. See the chart at the bottom.

Take your chart to the unemployment office and show it to part of the millions unemployed and discouraged. I am sure having a debt exceeding our yearly GDP is acceptable to a book smart liberal



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.

That is a lie, Debt was 16.2 trillion beginning of fiscal year 2013 and today it is 16.8 trillion dollars. Need help with the math? I would have thought someone as smart as you would understand that the fiscal year of the U.S. runs from October 1 to Sept. 30. Guess not so maybe you learned something today?

Debt to the Penny (Daily History Search Application)



Why do you neglect to mention surpluses over $100 billion in both April and June?

Because they didn't exist

Debt to the Penny (Daily History Search Application)



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.


Thank you very much, you calling my debate tactic weak is a compliment especially coming from someone who thinks they are so book smart. Too bad you lack any street sense.
 
See, that's not what I'm claiming. I'm claim what YOU want (you know, no regulations and no minimum wage) can be found in a government like China. So, what YOU want is to be in China. China favors employers, has next to no regulations, and no minimum wage.

So, if we want to fundamentally change this country into one like China, we need to do the things you support.

Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.
 
Well then, congratulations, you and those supporters got exactly what you wanted, high unemployment, low economic growth, and massive increases in the debt. You must be so proud.

People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.
 
Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.

You're not showing any understanding of my claims. You fail to address it. Could it be you know they are true?
 
People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.

Gee, I wonder why, and also if you wouldn't on another thread be using this to bash the classes that actually have some wealth...
 
Your claims are typical liberal BS which does nothing but divert from the thread topic and divert from the Obama record.

Okay are you against min wage? Does China have a min wage?

Okay you're are against regulation? Does China have more or less regulation than the US as far as employment and environment?
 
People vote with their wallets; household net worth has increased by 30% since 2009; the single greatest increase during any presidency on record.

Tell that to the millions unemployed, under employed/discouraged as well as the hundreds of thousands of contract employees and business owners who have been forced out of business. Guess you cannot see that from your desk. There are 2 million fewer people employed today than when the recession began and a 30% increase in household net worth from 2009 is a disaster since the numbers in 2009 were terrible.
 
Okay are you against min wage? Does China have a min wage?

Okay you're are against regulation? Does China have more or less regulation than the US as far as employment and environment?

Yes, I am against the minimum wage and support a market wage, the only ones benefiting from a minimum wage are those overpaid at minimum wage.
 
Yes, I am against the minimum wage and support a market wage, the only ones benefiting from a minimum wage are those overpaid at minimum wage.

Okay so you want what China has.

Now what about regulation?
 
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