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Thread: Supreme Court Upholds Obama Health Care Subsidies[W:700]

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    Really? so people don't compare the affects of a recession to their own economic conditions? Therein is another difference between conservatives and liberals. conservatives understand leadership and the U.S. economy whereas liberals understand one thing, spending in the name of compassion.

    When you get a tax cut what does that do to your paycheck and what do you do with the money? As I stated millions and millions of Americans weren't affected by this recession and you have yet to refute that. You don't get it and never will. This country's economy isn't built on govt. spending whereas most of the world's economy is. That is where austerity and the debt bubble hurt the most.
    As far as I can tell, that's just you repeating a bunch of right wing talking points. Not a word addresses the two recessions, how they differed, or offers any suggestion about how Obama or any other world leader resolves a gigantic debt bubble bursting in 24 months or so. Again, the last time a debt bubble burst we had the Great Depression that lasted a decade or more, and was only really brought to an end with the massive, years long, debt financed stimulus spending of WWII.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by JasperL View Post
    Say what? "Only" affected home owners and businesses? LMAO. If you didn't buy a house during the late 70s, early 80s interest rate spike, it didn't affect you either. Not many people had credit cards back then or high debt levels, so it only affected those who had to incur or roll over debt during that window. My parents bought their house in 1971. During that spike, they still had their 1971 level mortgage interest rate and didn't suffer a bit. I know they had no credit card debt to speak of...
    Exactly.
    We built our first family house 1973.
    The high interest rate of the late 70s early 80s did not affect us personally.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by SlevinKelevra View Post
    So the misery index is lower under Obama than Reagan.

    Nice argument AGAINST conservatism. WE NEED MORE OBAMAS AND LESS REAGAN MISERY!
    Yep, you have been indoctrinated well and Gruber was absolutely correct. I gave you the link to the deficit by day and debt by year. If there was a surplus the debt wouldn't increase but it did, why? If there was a surplus the debt service would be on a lower debt, but it wasn't, why? Why is it that the Treasury Dept. doesn't show the yearly surplus you claim and why is it that the revenue you posted doesn't equal the budget amount as listed on the U.S. Treasury website? Have you called them and told them we paid too much debt service during the Clinton years and to correct their website on actual deficit numbers?

    Do you realize that a civics class will give you the definition of public debt and inter-government holdings? You are right, we need bigger govt. and less personal responsibility to create that liberal utopia that I know exists somewhere in the world. Please tell me what country that is, Greece?

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by MrT View Post
    The current misery index is actually 5.2% (5.4% unemployment and a -0.2% inflation rate). Misery Index
    Yeah, that is great it dropped 2 points under Obama and 9.6 under Reagan so obviously we need less Reagan and more Obama, LOL. What people like you do is read the headlines and ignore the content. Do you know what a discouraged worker is? How about what under employed means? That is the Obama economy and the low expectations of liberalism. You represent them well.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by JasperL View Post
    As far as I can tell, that's just you repeating a bunch of right wing talking points. Not a word addresses the two recessions, how they differed, or offers any suggestion about how Obama or any other world leader resolves a gigantic debt bubble bursting in 24 months or so. Again, the last time a debt bubble burst we had the Great Depression that lasted a decade or more, and was only really brought to an end with the massive, years long, debt financed stimulus spending of WWII.
    The credit crisis was averted by TARP, nothing Obama did brought us out of the recession, that is reality. His stimulus led to 1.3 million discouraged workers and didn't create the taxpayers projected yet today you continue to buy the projections from this Administration and CBO which gets their assumptions from this Administration and Congress. What you don't seem to understand is results are generated by economic policies and the fact that the current recession lasted longer and the recovery weak because of economic policies.

    Why was Obama elected? you point to the current slow recovery as an indictment of a severe recession and ignore the reason you voted for Obama, to bring us out of that recession, he failed and the recovery was the worst on record due to poor economic policy and incompetence.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    Yep, you have been indoctrinated well and Gruber was absolutely correct. I gave you the link to the deficit by day and debt by year. If there was a surplus the debt wouldn't increase but it did, why? If there was a surplus the debt service would be on a lower debt, but it wasn't, why? Why is it that the Treasury Dept. doesn't show the yearly surplus you claim and why is it that the revenue you posted doesn't equal the budget amount as listed on the U.S. Treasury website? Have you called them and told them we paid too much debt service during the Clinton years and to correct their website on actual deficit numbers?

    Do you realize that a civics class will give you the definition of public debt and inter-government holdings? You are right, we need bigger govt. and less personal responsibility to create that liberal utopia that I know exists somewhere in the world. Please tell me what country that is, Greece?
    You're hilarious. You make a big deal out of the "Misery Index" then when someone points out it's lower now than it ever was under Reagan, you move the goal posts and and call people "Gruders" for simply following along with your stated measuring sticks and using them as you insist we must do.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by minnie616 View Post
    Exactly.
    We built our first family house 1973.
    The high interest rate of the late 70s early 80s did not affect us personally.
    You people can cheerlead each other while ignoring context and poor economic policies. Are you telling me that the high inflation on top of the 81-82 recession didn't affect the value of your dollar? How did this recession affect you and your family? Do you realize that many banks were forced to take TARP and that the 350 billion Bush lent was paid back with interest? What did Obama do with the money?

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by JasperL View Post
    You're hilarious. You make a big deal out of the "Misery Index" then when someone points out it's lower now than it ever was under Reagan, you move the goal posts and and call people "Gruders" for simply following along with your stated measuring sticks and using them as you insist we must do.
    Of course it is lower, but it started out much lower than Reagan inherited. we are talking about the comparison between recessions and the fact is the 19.3 misery index going to 9.6 is significant and indicates that the American public was affected much more by the 81-82 recession. One of these days that light bulb is going to go off in that head of yours and you are going to realize how wrong you are.

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    I think liberals like you will never get it or understand leadership or the lack of it. What you don't seem to understand is that the misery index under Carter went close to 22 percent in mid 1980 and it was that economy that Reagan inherited and it was Reagan leadership that had the greatest drop in that misery index. It was the misery index that most people felt during both recessions making the 81-82 worse but shorter because of leadership which is why Reagan won 49 states in 1984
    Most of the drop in the misery index was due to interest rates coming down after the Fed raised them to put a stake in the 70s era inflation, in part because of Nixon (R) taking us off the gold standard. Reagan's big tax cuts and huge deficit spending had nothing to do with those interest rates coming down, although Keynesian stimulus probably did bring the unemployment rate around quicker than if he'd raised taxes or slashed spending to fight the evils of DEFICITS!! "You know, Paul, Reagan proved deficits don't matter."

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    Re: Supreme Court Upholds Obama Health Care Subsidies[W:700]

    Quote Originally Posted by Conservative View Post
    Of course it is lower, but it started out much lower than Reagan inherited. we are talking about the comparison between recessions and the fact is the 19.3 misery index going to 9.6 is significant and indicates that the American public was affected much more by the 81-82 recession. One of these days that light bulb is going to go off in that head of yours and you are going to realize how wrong you are.
    Look, if the Misery Index is a gauge of economic policies and if lower is better and that's all we need to know about how effective are an Administration's policies, then clearly and obviously Obama has done a better job than Reagan who could never bring the Misery index down to current levels, even with two full terms.

    Now you're caught and have to backtrack because the data don't show what you hoped to prove, which is always republicans ==> Good, democrats ==> BAD!!!

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