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Thread: New Obama plans: 'spend our way out' of downturn

  1. #61
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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by apdst View Post
    Git all the Libbos out of the government would the first major step towards helping the economy.

  2. #62
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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by Whip Comes Down View Post
    What would you have done, Prof?
    2 year halving of payroll taxes

    permanent cap on capital gains of 15%

    national mobilization, emergency footing, like fdr in ww2, in the area of energy production---omnibus approach, oil, offshore, drilling, refining, shale, electrical power plants, gas, clean coal, nukes, wind, solar, tidal, alternatives, r&d, tax cuts for and public investment in any responsible or semi responsible proposal that holds the promise of producing power

    he who creates energy has the entire world at his well grounded feet

    the world energy shortage is only going to grow more catastrophic as the century progresses

    great jobs, high paying, secure, productive...

    of course, no one (but you) ever asked me

  3. #63
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    Re: New Obama plans: 'spend our way out' of downturn

    fdr was a great war leader but when it came to the economy he was a disaster

    in the early months of 39 before adolf invaded poland our unemployment was STILL high double digits

    google "roosevelt recession"

    [ame=http://en.wikipedia.org/wiki/Recession_of_1937]Recession of 1937?1938 - Wikipedia, the free encyclopedia[/ame]


    1937 saw a huge downturn in our already thru-the-floor economy

    a recession on top of a depression

    so much so, "roosevelt recession" became a buzzword

    "spending our way out" didn't work
    Last edited by The Prof; 12-09-09 at 11:41 AM.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by Erod View Post
    The scariest thing to me is that I believe Obama actually wants this economy to bomb. He wants to create GOVERNMENT jobs, so his long-term plans of killing America as we know it will pan out. It's about control of and dependency on the government.

    That's what Ayers, Obama, Pelosi, Kerry, and all of the elite liberals want in their heart of hearts.
    I know he does! He can't pass his welfare projects if the economy is booming.
    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.

  5. #65
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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by Turbeaux View Post
    The only thing Obama will do is spend us into another banana Republic or worse yet turn us into the next Zimbabwe.
    The question is, is that what he truly wants deep down in his soul?

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by The Prof View Post
    2 year halving of payroll taxes

    permanent cap on capital gains of 15%

    national mobilization, emergency footing, like fdr in ww2, in the area of energy production---omnibus approach, oil, offshore, drilling, refining, shale, electrical power plants, gas, clean coal, nukes, wind, solar, tidal, alternatives, r&d, tax cuts for and public investment in any responsible or semi responsible proposal that holds the promise of producing power

    he who creates energy has the entire world at his well grounded feet

    the world energy shortage is only going to grow more catastrophic as the century progresses

    great jobs, high paying, secure, productive...

    of course, no one (but you) ever asked me
    Prof, why is it so hard? Your plan would not only work, it would work virtually instantly. That would not only jumpstart jobs and economy, it would bring outside investment in America from every corner of the planet.

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    Re: New Obama plans: 'spend our way out' of downturn

    recovery is NOT the goal of obama's economists

    govt control is their objective

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by The Prof View Post
    2 year halving of payroll taxes

    permanent cap on capital gains of 15%
    Will increase the deficit massively.

    national mobilization, emergency footing, like fdr in ww2, in the area of energy production---omnibus approach, oil, offshore, drilling, refining, shale, electrical power plants, gas, clean coal, nukes, wind, solar, tidal, alternatives, r&d, tax cuts for and public investment in any responsible or semi responsible proposal that holds the promise of producing power
    Sounds like socialism to me.. forcing people to do things.. oh and lets not forget that all those tax cuts will increase the deficit massively on top of the above.

    the world energy shortage is only going to grow more catastrophic as the century progresses
    I agree, but do you really think that the right in the US will be able to kick the habit of getting millions from the coal and oil lobby? Remember no matter how you slice and dice it, oil and coal are not the future.

    great jobs, high paying, secure, productive...
    a pipedream as long as companies can get away with exporting jobs overseas.
    PeteEU

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by PeteEU View Post
    Will increase the deficit massively
    LOL!

    Sounds like socialism to me...
    sounds like socialism...

    to you

    LOL!

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by PeteEU View Post
    Sounds like socialism to me.. forcing people to do things..
    Sure, because when you look up socialism in the dictionary, it says "forcing people to do things."

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