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Thread: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    Who cares? THe recession effected state and local government too. Right?
    You know, when I look at my household budget, I don't throw in my neighbors income to make it look better than it really is. That's about what you are doing. The neighbors don't pay my bills.
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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    I never limited my discussion to federal revenue.


    Uh, no. The recession is not yet over.

    Note how we have not yet reached the baseline/.
    Really? What was the title of your chart?

    A recession is not defined by a return to pre-employment levels. If that was the case, then we would have been in a recession from 2001 till almost 2006.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Anthony60 View Post
    You know, when I look at my household budget, I don't throw in my neighbors income to make it look better than it really is. That's about what you are doing. The neighbors don't pay my bills.
    States and local governments are not the US's "neighbors". They are actually a part of the US. It's like you doing your budget and counting the Wife's income. Your analogy sucks.

    Look, the cart compares apples to apples. It uses the same revenue streams from before the recession until now, and it shows how the sum total of those streams has grown since the recession began.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Samhain View Post
    Really? What was the title of your chart?

    A recession is not defined by a return to pre-employment levels. If that was the case, then we would have been in a recession from 2001 till almost 2006.
    We were. The only reason we didn't think so was because the housing market was inflating making everyone feel richer than they were. Once that bubble burst, we all saw the results.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    We were. The only reason we didn't think so was because the housing market was inflating making everyone feel richer than they were. Once that bubble burst, we all saw the results.
    The housing bubble started well before 2001. Construction in general enjoyed an extremely long period without a downturn starting in the early 90's, and the housing market was along for the whole ride along with commercial, institutional and industrial construction.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by jmotivator View Post
    .... and the market will bear it because?

    (Hint: It has to do with the money supply)
    Um... if you mean money supply as in how much money individual consumers possess, then yes it plays a role. If you mean money supply as in how many dollars are printed then not really, at least not in the short term.

    (Hint: Read academic papers,, not conservative entertainment media)

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    We were. The only reason we didn't think so was because the housing market was inflating making everyone feel richer than they were. Once that bubble burst, we all saw the results.
    That still doesn't change the definition of a recession.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    The recession is not yet over. Revenue has not reached 2006 levels yet. The economy is still in recovery.

    That's why the GOP playing games with the budget is such a problem.
    LOL, According to NBER which tracts the recession it ended in June 2009 but then again economic policies are what drives revenue and thus the failures of the Obama Administration. The economy is recovering at the slowest pace in history because of poor or no leadership at all which is something you have no ability to understand. Really is sad how you hold Obama to a different standard than Republicans. If a Republican had this economic record it would be a different story for you
    Last edited by Conservative; 10-07-13 at 12:36 PM.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    Who cares? THe recession effected state and local government too. Right?
    Some state and local governments actually have good leadership in a private sector economy something you don't seem to understand. Ohio elected John Kasich and with the Kasich economic policies the economy turned around so who cares? Obviously you want to give Obama credit for what elected governors do but only the good things.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Conservative View Post
    LOL, According to NEA which tracts the recession it ended in June 2009 but then again economic policies are what drives revenue and thus the failures of the Obama Administration. The economy is recovering at the slowest pace in history because of poor or no leadership at all which is something you have no ability to understand. Really is sad how you hold Obama to a different standard than Republicans. If a Republican had this economic record it would be a different story for you
    THe recession ended in 2009?


    Yeah right.

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