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Thread: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

  1. #151
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    The path to backwardness and poverty.
    Says the guy supporting the policy built on myths and fairy tales. ONE time libertarian policy EVER worked ANYWHERE?

    Uncle Miltie had his Chile experiment, failed miserably

    CHILE: THE LABORATORY TEST



    Many people have often wondered what it would be like to create a nation based solely on their political and economic beliefs. Imagine: no opposition, no political rivals, no compromise of morals. Only a "benevolent dictator," if you will, setting up society according to your ideals.

    The Chicago School of Economics got that chance for 16 years in Chile, under near-laboratory conditions. Between 1973 and 1989, a government team of economists trained at the University of Chicago dismantled or decentralized the Chilean state as far as was humanly possible. Their program included privatizing welfare and social programs, deregulating the market, liberalizing trade, rolling back trade unions, and rewriting its constitution and laws. And they did all this in the absence of the far-right's most hated institution: democracy.

    The results were exactly what liberals predicted.

    Chile: the laboratory test

  2. #152
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Nonsense, Obama had a war economy, he went to the 'good war', Dubya CHOSE to go to a bad war AFTER ignoring REPEATED warnings of

    "Bin Ladin Determined To Strike in US -"

    "In a single 17-sentence document, the intelligence briefing delivered to President Bush in August 2001 spells out the who, hints at the what and points towards the where of the terrorist attacks on New York and Washington that followed 36 days later."

    According to the CIA and the 9/11 commission, there were 40 other mentions of Al Qaeda or Bin Laden in the President's Daily Briefs before 9/11

    The President's Daily Brief
    Oh I quite agree that GWB did not take the pre-9/11 warnings seriously enough. Nonetheless the war in Afghanistan was something he was obliged to do.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  3. #153
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    That's laughable. And it doesn't matter anyway. I'm sure that BHO legions of unemployed would be delighted to enjoy a similar "bubble" today.
    Why is it 'laughable'?

    FACT BASED. US (edit: household debt) debt doubled under Dubya

    WHY? HOW?
    Last edited by dad2three2001; 06-11-14 at 08:40 PM.

  4. #154
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Oh I quite agree that GWB did not take the pre-9/11 warnings seriously enough. Nonetheless the war in Afghanistan was something he was obliged to do.

    MOST of the costs of war AND deaths were in Bush's war of choice though. And he NEVER took the warnings seriously

  5. #155
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    To which the only reply is: So what? Every POTUS plays the hand he is dealt. GWB played his better than BHO has played his. All US wars have been "unfunded" in the sense that the government borrowed to fight them. GWB's tax cuts gave Clinton's surplus back to the people. I've already shown how wrong you are about Medicare. Next.
    There were NO surpluses when Bush gave EITHER of his tax cuts 'back to the people', ONLY costs associated with defunding Gov't!

    You don't cut taxes wen you go to war, NO NATION ever did, until Dubya...

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Says the guy supporting the policy built on myths and fairy tales. ONE time libertarian policy EVER worked ANYWHERE?

    Uncle Miltie had his Chile experiment, failed miserably

    CHILE: THE LABORATORY TEST



    Many people have often wondered what it would be like to create a nation based solely on their political and economic beliefs. Imagine: no opposition, no political rivals, no compromise of morals. Only a "benevolent dictator," if you will, setting up society according to your ideals.

    The Chicago School of Economics got that chance for 16 years in Chile, under near-laboratory conditions. Between 1973 and 1989, a government team of economists trained at the University of Chicago dismantled or decentralized the Chilean state as far as was humanly possible. Their program included privatizing welfare and social programs, deregulating the market, liberalizing trade, rolling back trade unions, and rewriting its constitution and laws. And they did all this in the absence of the far-right's most hated institution: democracy.

    The results were exactly what liberals predicted.

    Chile: the laboratory test
    Ah yes. From a "Help fight the right" website.

    I have traveled extensively, and have encountered a few Chileans along the way. After they found out I'm an American, each one -- each and every one -- thanked Pinochet for creating the foundation for modern, free, democratic Chile. Go figure.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  7. #157
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Why is it 'laughable'?

    FACT BASED. US debt doubled under Dubya

    WHY? HOW?
    Once again, so what?
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    There were NO surpluses when Bush gave EITHER of his tax cuts 'back to the people', ONLY costs associated with defunding Gov't!

    You don't cut taxes wen you go to war, NO NATION ever did, until Dubya...
    Actually, I agree with that on principle. But the fact remains that GWB managed a better economy than has BHO.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Ah yes. From a "Help fight the right" website.

    I have traveled extensively, and have encountered a few Chileans along the way. After they found out I'm an American, each one -- each and every one -- thanked Pinochet for creating the foundation for modern, free, democratic Chile. Go figure.
    Got it, ad homs then anecdotes NOT based on FACTS. AFTER GOV'T STEPPED UP AND SAVED CHILE YOU MEAN? lol



    Weird how NOTHING right wingers promised in Chile, happened, even privatizing SS

    January 27, 2005


    Chile's Retirees Find Shortfall in Private Plan


    Nearly 25 years ago, Chile embarked on a sweeping experiment that has since been emulated, in one way or another, in a score of other countries. Rather than finance pensions through a system to which workers, employers and the government all contributed, millions of people began to pay 10 percent of their salaries to private investment accounts that they controlled.


    But now that the first generation of workers to depend on the new system is beginning to retire, Chileans are finding that it is falling far short of what was originally advertised under the authoritarian government of Gen. Augusto Pinochet.

    For all the program's success in economic terms, the government continues to direct billions of dollars to a safety net for those whose contributions were not large enough to ensure even a minimum pension approaching $140 a month.

    http://www.nytimes.com/2005/01/27/bu...sion.html?_r=0


    CONservative/Libertarian policy NEVER works, except for the top 1%

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Actually, I agree with that on principle. But the fact remains that GWB managed a better economy than has BHO.

    You mean bu cheering on a housing bubble, fighting ALL 50 states who wanted to reign in predatory lenders and ignoring regulator warnings of EPIDEMIC of mortgage fraud that could rival Reagan's S&L crisis? How'd that work out? Oh right, Obama is handling it now

    GOP+ We broke the economy, but don't like the way you are fixing it!

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