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Thread: Signs of declining economic security

  1. #111
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    Re: Signs of declining economic security

    Quote Originally Posted by Objective Voice View Post
    Come now, j-mac. The economy was in free-fall before
    Obama took office. Everyone knows this even if they're unwilling to admit it. Moreover, at each turn where the President has put forward ways to spur economic growth, the Republican opposition has done everything within its power to thwart his efforts. Look at what members of the GOP are proposed even now in advance of debt limit talks. In an effort to defund ObamaCare, they'd once again threaten to shutdown the government. You already have sequestration affecting communities all across the country. Now, they want to once again add a temporary layoff of federal employees back into the mix? And that's just the obvious aspect most people recognize comes with a gov't shutdown. I won't even try to outline other issues that would arise from this foolishness if the GOP get their way....again.

    Gov. Bobby Jindal, "Republicans...just stop being stupid."
    Total BS....

    It wasn't in " free fall" as jobs had bottomed out and started their slow climb up prior to Obama's " stimulus".

    There are currently almost 40 jobs bills sitting in the Senate from the House waiting a vote that will never come.

    Now please name Obama's jobs initiatives or even his plan to spur economic growth. You know the one that the GOP is supposedly stopping.....( such BS ).

    The reality is after nearly 5 years, 7 TRILLION in new debt and perpetual QE the latest narrative from the left is " livable wages" for McDonalds employees.

    How pathetic. It's the new narrative because Obama's economic expansion basically consist of part time fast food jobs and perpetual dependence.

    Imagine that, the first Liberal President is responsible for killing the 40 hour work week.

    You folks owe America a huge apology. I'll liken it to the German citizens who were forced to walk through the concentration camps after WWII.

    The GOP isn't responsible for this disaster, Obama and his challenged supporters are.

  2. #112
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    Re: Signs of declining economic security

    Quote Originally Posted by TheNextEra View Post
    Yeah, because ALL of this happened just from 2008 right? Everything was A-OK before that, no unemployment, no welfare right, no economic problems at all right?
    The Great Society, The New Deal, Freddie/Fannie and forcing banks to make loans to people who could never afford them and the mass of government ooze and intrusion is largely Demokrat produced.

    You folks swim in and own the HIV of Euro Socialism. What? Don't like it anymore?
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  3. #113
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    Re: Signs of declining economic security

    Quote Originally Posted by Higgins86 View Post
    Americas economic collapse has nothing to do with "European socialist policies"
    And heroin has no effect on the human mind or body.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  4. #114
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    Re: Signs of declining economic security

    Quote Originally Posted by ReformCollege View Post
    Causes are still causes, but comments like "that's capitalism for you" implies that such causes are the root problem, rather then the problems merely being a temporary side effect.

    Not to mention, his analysis is only sufficient in its incompleteness. His examples and support lack context and seem to imply a static trend without any consideration for changing circumstances. For instance, he mentions about how cheap overseas labor has undermined the American worker. A fair point, except instead of expanding on it, he merely accepts this as a final, static conclusion. It does not seem to occur to him to take into consideration that wages are rising quite rapidly in many of these low income nations. The best evidence for this is in the explosion of the population of the global middle class, which is set to reach just a hair under 5 billion people by 2030, a 272% increase. As the world becomes increasingly wealthier, the supply of cheap labor begins to shrink to the point where jobs in the US, with its technological advantage and an abundance of cheap domestic gas, will become increasingly competitive. Evidence of this is already emerging if one just opens up his/her horizons a bit. Point is, he is taking a 2D view in a 3D world.
    Before I address this post I want to clear something up about the post you originally replied to. I like capitalism and the progress that comes with it. I can see how you would come to that conclusion given the content of my post, but that is the furthest thing from how I actually feel about technology.

    To respond to this text I will agree with you that my original response was oversimplified, though I do understand the situation better than you give me credit for in your reply. As you said, the situation is not static at all. When one include factors such as energy costs (one of the reasons why I support fracking is it gives the United States a competitive advantage), changes in exchange rates, the questionable nature of foreign labor, shipping costs, respsect for intellectual property, etc... that the United States is in a competitive position with the rest of the world; obviously reforms can be taken to further improve that, but that is a discussion for another time. Those reasons and more are why some companies have already returned to the United States.

    Thanks for the response. I appreciate the constructive criticism.

  5. #115
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    Re: Signs of declining economic security

    Quote Originally Posted by TheNextEra View Post
    I live comfortably to my standards yes. Meaning I have paid my debt, don't acrue anything I can't pay with cash, and pay my bills. I don't live above my means.
    Ok, and with any surplus you have, do you give it to those less fortunate than yourself? or do you save it?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  6. #116
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    Re: Signs of declining economic security

    Quote Originally Posted by samsmart View Post
    It's kinda tough to put the blame of less economic security solely on the Obama administration when Congress won't even pass the kind of laws that President Obama would want in order to deal with it.

    So Congress is just as much to blame as President Obama is.
    I'll give you that to an extent Sam...But, this president has shown that when congress won't pass what he wants, he is perfectly fine with unconstitutionally going around them with regulation, and fiat pronouncements....Do you think that a constitutional republic like ours can survive with the freedoms we have when the Chief Executive decides that he can just put into place what he can't get passed?
    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: Signs of declining economic security

    Quote Originally Posted by j-mac View Post
    Yeah, plus I seem to be reading that we would be doing so much better if the wealthy, and corporations would only stop being "greedy" and give up their profits to those people that had no stake in creating that wealth, as though they are entitled to it.
    Q2 US GDP First Reading - Business Insider

    Here's more staggering 1.3% performance by the US economy. They use the word "crushing", can you believe it? Wow, I just can't wait to brag to my mother.

    We're just kicking the world's ass, and taking names.
    Last edited by American; 07-31-13 at 09:56 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  8. #118
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    Re: Signs of declining economic security

    Quote Originally Posted by Fenton View Post
    Bush spent a bunch sure, but what he spent pales in comparison to Obama's 7 TRILLION tab.....for nothing.
    Which was more than Clinton spent. Stop buying into the whole "Republicans do no wrong" attitude you seem to exhibit. You blame everyone but the GOP. That is the first sign of arrogance on your part. BOTH sides have hurt this country, but you remain blind to that fact. You keep drinking the GOP koolaid of "blame the Dems for everything" and take NO responsibility.

    Quote Originally Posted by Fenton View Post
    And yes I CAN critque posters who buy into the Generic Bush Hate, much of which is unfounded and baseless.
    You have no room to talk and No, none of my comments are based in Bush hatred. Try again son.

    Quote Originally Posted by Fenton View Post
    Ive already educated a few Liberals on the TRUE CAUSE of the Sub-Prime Collapse and reminded them of Bush's perennieal efforts to regulate a massively corrupt Fannie and Freddie ( run by Democrat Criminals.....into the ground ).
    And under Bush the GOP did nothing. They could have easily stopped EVERYTHING, but they were too busy trying to make gay marriage and flag burning federally illegal instead.

    Quote Originally Posted by Fenton View Post
    Are you saying you need to be reminded of who was ultimately responsible for pushing for the lowering of 100 year old standards based on false pretenses ?
    ADo you need to be reminded the GOP could have stopped all that?

    Quote Originally Posted by Fenton View Post
    Hey maybe YOU can answer this question since everyone I've asked prior just ignores it.

    IF there was ACTUAL " discrimination", that is people being refused mortgages based on the color of their skin alone, WHY did they have to lower lending standards to combat it ?
    There WAS dscrimination and it was proven, however, much like everything the government does it doesn't swing things small. It swings wide and goes from one extreme to another.

    Quote Originally Posted by Fenton View Post
    And your statements that " Bush was just as bad " ( TOTAL Bull Sh** ) and GOP voters are as dumb as Obama voters ( there is no one dumber than a Obama voter ) are technically OPINIONS....not facts.
    Sorry, but the irresponsibility WAS just as bad with Bush. Sorry you don't like facts that counter your god worship of Bush. I've criticized Obma plenty, have you with Bush? No.

    YOU and your kind that only blame the "other" side are the problem. The Dem/Rep duopoly needs to be done away with and if your too ignorant to realize that YOU are the problem.

  9. #119
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    Re: Signs of declining economic security

    Quote Originally Posted by Fenton View Post
    I think as adults, with a wealth of information at our fingertips, that we can be very specific with respect to each presidents accomplishments and failures.

    The collapse of the Sub-Prime housing market happened on Bush's watch, but wasn't Bush's fault and I've posted page after page after page of evidence to prove that assertion.
    Yeah and the GOP could have done something about it, they didn't. They were too busy with trying to make gay marriage and flag burning FEDERALLY illegal and propping up Homeland Security (a joke). You know, making the federal government larger.

    I've criticized Obama plenty as well as the Dems. Let's see if you have ANY honesty to do the same with the GOP or Bush. I doubt you have any integrity at all.

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    Re: Signs of declining economic security

    Quote Originally Posted by zimmer View Post
    The Great Society, The New Deal, Freddie/Fannie and forcing banks to make loans to people who could never afford them and the mass of government ooze and intrusion is largely Demokrat produced.

    You folks swim in and own the HIV of Euro Socialism. What? Don't like it anymore?
    Sorry I don't "swim" in Euro socialism, so why don't you peddle your partisan crap to someone who actually might by it.

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