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Thread: Jobs Summit: Real Progress or PR Stunt?

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    Re: Jobs Summit: Real Progress or PR Stunt?

    I would throw this into the PR category, the same as the vast majority of Obama's Presidency thus far.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by apdst View Post
    No, it doesn't. Where is the government going to get the money to pay those bridge builders?
    Hmmmm. Taxes and the sovereign debt market.

    Are you familiar with multiplier effects? I assure you they are quite real (if fiscal policy is implemented accordingly).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by Goldenboy219 View Post
    Hmmmm. Taxes and the sovereign debt market.

    Are you familiar with multiplier effects? I assure you they are quite real (if fiscal policy is implemented accordingly).

    The only multiplying effect I see out of the Obama administration is on unemployment rising as fast as ever, and the value of the dollar being destroyed by his policies.....Some say by design.


    j-mac
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    Alexis de Tocqueville

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by Goldenboy219 View Post
    Hmmmm. Taxes and the sovereign debt market.

    Are you familiar with multiplier effects? I assure you they are quite real (if fiscal policy is implemented accordingly).

    And, the taxes come from, where...? The people! Yes! Very good!

    So, who creates wealth??
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by j-mac View Post
    Now that is funny....You are aware of course that the federal government doesn't have to fit projects into a balanced budget like states do right? No, all they need to do is figure out how much will be necessary to appease any particular group at any given time, print the money and give it to them.
    Of course i am. However, fiscal conservativeness should push toward a balanced budget during times of economic expansion. Since this is not, all you can really do is speculate about what Obama will do when we are in full recovery.

    Then you and I, and our children, and grandchildren can pick up the tab.
    I love hearing these statements! Tell me, who holds roughly 75% of the total debt? Hint: not China....

    Arguably, the ONLY jobs that have been "created or saved" have been in government.
    Funny you say that.... I see a **** ton of construction projects focused on infrastructure popping up all over the city i live. I expect it to increase dramitaclly during 2010.

    No, it doesn't. Typically on roads, or government bid jobs, the margins are tighter than that of other contracts. Deadlines are usually slowed, or blown causing possible fines in the contract, and when the government uses a company they usually use a lion share of that company's resource so when the job is done, or dries up, then they company is left with a severe slow down in work and lays off the workers.
    Really? Ever heard of Walsh Construction? You are only speculating, and cannot back up the comment with any bit of evidence.

    Larger companies are usually the ones that are called upon to do these projects because they can put a smaller part of their business into the particular project, and still look for other work at the same time. Smaller businesses don't, or can't afford to do this.
    Your economies of scale comment has been noted. However, do you believe that this is not something that naturally occurs in the real world? Also, do big businesses depend on small businesses for their service orientated needs? Like when the alternator or starter of a 75 ton P&H goes haywire.

    Your partisan rant is noted.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by apdst View Post
    And, the taxes come from, where...? The people! Yes! Very good!

    So, who creates wealth??
    Your game of semantics will not work. Is the government the representative of the people?

    Secondly, you refused for some reason to answer my other question. Multiplier effect!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by j-mac View Post
    The only multiplying effect I see out of the Obama administration is on unemployment rising as fast as ever, and the value of the dollar being destroyed by his policies.....Some say by design.


    j-mac
    Why even bother to respond?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by Goldenboy219 View Post
    Your game of semantics will not work. Is the government the representative of the people?

    Secondly, you refused for some reason to answer my other question. Multiplier effect!
    You're missing the point. You're trying to say that the government can create wealth. It can't, since the government's money comes from the people. Therefore, only the private sector can create wealth.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by apdst View Post
    You're missing the point. You're trying to say that the government can create wealth. It can't, since the government's money comes from the people. Therefore, only the private sector can create wealth.
    Why do you shy away from the multiplier effect?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Jobs Summit: Real Progress or PR Stunt?

    Quote Originally Posted by Goldenboy219 View Post
    Of course i am. However, fiscal conservativeness should push toward a balanced budget during times of economic expansion. Since this is not, all you can really do is speculate about what Obama will do when we are in full recovery.

    Yes, I agree, and so far we have been, and what does that bring us? Being labeled by liberals as 'the Party of NO' and obstructionists.


    I love hearing these statements! Tell me, who holds roughly 75% of the total debt? Hint: not China....

    Really?


    MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
    (in billions of dollars)
    HOLDINGS 1/ AT END OF PERIOD


    Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep
    Country 2009 2009 2009 2009 2009 2009 2009 2009 2009 2008 2008 2008 2008
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------

    China, Mainland 798.9 797.1 800.5 776.4 801.5 763.5 767.9 744.2 739.6 727.4 713.2 684.1 618.2
    Japan 751.5 731.2 724.5 711.8 677.2 685.9 686.7 661.9 634.8 626.0 625.2 629.6 617.5
    United Kingdom 2/ 249.3 226.9 219.9 214.0 163.7 152.7 128.1 129.0 123.9 130.9 132.4 133.1 112.8
    Oil Exporters 3/ 185.3 189.1 189.2 191.2 192.8 189.5 192.0 181.7 186.6 186.2 187.2 176.7 171.2
    Carib Bnkng Ctrs 4/ 171.7 179.9 193.2 189.7 194.8 204.7 213.6 189.1 176.6 197.5 205.0 203.5 169.3
    Brazil 144.9 137.3 138.1 139.8 127.1 126.0 126.6 130.8 133.5 127.0 136.1 141.0 148.3
    Hong Kong 132.2 124.7 115.3 99.8 93.2 80.9 78.9 76.3 71.7 77.2 70.6 69.8 65.5
    Russia 121.8 121.6 118.0 119.9 124.5 137.0 138.4 130.1 119.6 116.4 108.0 110.8 99.6
    Luxembourg 98.7 94.2 92.0 104.1 96.2 97.4 106.0 92.1 87.0 97.3 94.2 100.6 104.5
    Taiwan 78.1 75.9 77.4 77.0 75.7 78.3 74.8 72.6 73.3 71.8 70.2 65.9 63.0
    Switzerland 68.9 68.2 68.1 71.5 63.7 64.2 67.7 68.2 62.1 62.3 63.8 62.0 49.7
    Germany 53.7 55.0 56.1 53.8 55.1 54.4 54.9 56.5 56.2 56.0 53.8 53.6 51.5
    Korea 38.8 38.7 37.6 36.3 37.4 35.4 33.1 33.3 31.3 31.3 32.7 36.2 40.2
    Singapore 38.3 42.0 42.3 40.8 39.6 39.7 39.1 39.3 38.3 40.8 38.7 34.0 32.2
    Canada 38.3 26.2 20.2 19.0 11.5 13.1 11.9 10.9 9.0 8.2 12.7 14.0 16.0
    India 35.9 38.5 38.9 39.3 38.8 38.5 38.2 34.6 32.5 29.2 22.3 18.3 20.3
    Ireland 32.7 36.5 38.6 46.3 50.6 49.7 54.7 54.4 50.0 54.3 41.3 35.1 32.9
    France 32.1 35.0 24.6 26.0 25.9 30.6 27.1 16.8 17.9 16.8 18.4 20.5 19.3
    Thailand 30.1 33.5 31.4 29.7 26.8 28.5 26.0 39.7 37.2 32.4 33.9 33.6 27.4
    Turkey 28.2 28.7 27.3 27.5 28.8 27.2 30.2 32.4 31.3 30.8 29.0 27.9 31.5
    Norway 25.2 24.7 28.9 28.7 28.3 27.5 26.2 21.1 21.9 23.1 20.2 11.5 13.2
    Mexico 22.1 27.5 27.7 29.5 31.5 35.3 36.2 37.8 34.8 34.8 33.8 32.2 32.5
    Netherlands 21.3 21.3 21.5 18.9 16.3 16.5 17.6 16.1 16.8 15.4 15.6 15.7 15.6
    Egypt 20.8 20.4 18.6 17.3 18.6 18.5 18.5 19.1 16.9 17.2 16.8 16.7 15.5
    Sweden 18.3 16.7 16.5 16.5 13.0 12.7 12.5 12.7 12.4 12.7 13.1 13.5 13.6
    Israel 18.3 17.7 16.9 18.1 19.0 19.1 19.4 17.4 16.9 18.8 13.8 12.4 8.7
    Italy 17.6 16.9 17.3 16.7 16.7 16.1 16.6 16.4 15.6 16.0 15.9 15.2 11.6
    Colombia 16.7 16.3 14.8 11.8 11.9 11.4 11.2 11.4 11.3 11.1 11.5 11.3 9.9
    Belgium 15.0 15.6 15.7 15.7 15.7 15.8 15.4 14.5 15.5 15.9 15.3 15.8 15.4
    Chile 12.9 13.0 13.5 14.3 14.7 15.1 15.5 15.2 15.2 15.2 15.1 15.4 13.4
    Philippines 11.8 12.4 11.4 11.6 11.8 12.0 12.4 12.6 11.6 11.7 11.5 12.1 12.0
    Malaysia 11.0 11.2 11.9 11.7 12.3 11.6 10.6 8.4 8.0 8.4 8.8 8.6 9.4
    All Other 156.8 158.7 159.5 157.5 157.6 153.4 156.5 164.8 162.3 156.4 156.1 149.0 137.7
    Grand Total 3497.3 3452.9 3427.4 3382.1 3292.6 3262.0 3264.7 3161.4 3071.6 3076.3 3036.0 2979.7 2799.5

    Of which:
    For. Official 2369.5 2360.1 2346.2 2295.7 2287.5 2253.6 2248.6 2198.1 2165.8 2138.7 2104.1 2063.7 1981.0
    Treasury Bills 597.7 607.3 606.6 571.9 586.2 530.6 542.7 521.2 486.9 457.9 427.2 360.6 276.8
    T-Bonds & Notes 1771.8 1752.8 1739.6 1723.8 1701.3 1723.1 1705.9 1676.9 1678.9 1680.8 1676.9 1703.1 1704.2

    Department of the Treasury/Federal Reserve Board
    November 17, 2009


    www.treas.gov/tic/mfh.txt

    Hmmmm....Looks like China holds the most...may not be 75% but still.


    Funny you say that.... I see a **** ton of construction projects focused on infrastructure popping up all over the city i live. I expect it to increase dramitaclly during 2010.

    Evansville IN eh? Hmmmm....proving my point.


    Really? Ever heard of Walsh Construction? You are only speculating, and cannot back up the comment with any bit of evidence.

    Well, see I have been a truck driver for some 20 years now, 15 of that was driving a tri axle dump in the construction trade, and the last 5 has been Tractor Trailer, flat bed, and now van OTR. most of it was in the construction trades, and not small industries either. During my Dump days we supplied LaFarge concrete, and Black top. Ever hear of those? I worked on projects with American Infrastructure, ever hear of them? They sound alot like Walsh....Here is a site American Infrastructure

    Now before you look foolish, I will say that you shouldn't let your own speculation about me as a poster run away with you.


    Your economies of scale comment has been noted. However, do you believe that this is not something that naturally occurs in the real world? Also, do big businesses depend on small businesses for their service orientated needs? Like when the alternator or starter of a 75 ton P&H goes haywire.

    In today's market the need to be self sufficient in every aspect saves money, if you don't think that is what the trend is then I seriously question your knowledge of this.


    Your partisan rant is noted.

    By whom? you? So what!


    j-mac
    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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