The dollar statement is odd and cryptic.
There was a decline in dollar value as foreign investors exited from treasuries they had rushed into during the panic days of the recession. I don't know what that has to do with Obama's policy.
Psychological effects like long term interest rates floating up until the fed started buying longer dated treasuries instead of just acting in the repo market like they normally do? No I don't deny those.
Cyclical unemployment tends to lag overall market sentiment. After firms shore up their balance sheets, they will tend to invest in capital first, and labor second (unless they can get a steal of a deal:2razz: ). Once capital investment plateaus, unemployment will go down.
But what is the end result of higher prices?
What did the government do during WWII? Did it create jobs?
Opinionated :spin:
[/quote]I made a thread yesterday, you must not have been reading to closely....
Here is a nice link here ya go
Why do you bother calling yourself a libertarian when it's obvious that you are a Democrat?
Why do you bother contemplating my political ideology when you haven't the slightest clue of where it stems?
So, you advocate starting a global war?
Well the last one worked perfectly. $800B of political patronage was a dream come true for Obama. Forget about the unemployment rate, it doesn't mean anything, even though 7 million jobs were lost, we actually created 2 million. Why wouldn't we do that again?
I think it would also be appropriate to ask what happened to private sector employment during World War 2. A libertarian would know that the government can't create jobs out of fairy dust- they can take from one party and give to another, and the process is much less efficient than the private market.
My God how many flavors does Obama Kool Aid come in?
Liberal are becoming famous for not thinking for themselves but it has gotten out of control when they fall for obvious lies and misstatements by a someone who has done not one good thing in over a year and still blames the laast administration for his failures.
Obama is an amateur with nothing to show for his waste of money. He saved no jobs and the only employment increases are in Government.
He wants to tax and spend us into a position where the Cloward and Piven model can work to help promote his Socialist Agenda.
If you're a proud Liberal supporter of Obama you are un-American who knows nothing about the values this Nation was founded on. Obama is the stupidest, most brainless idiot to ever hold the office and he is well on his way to replacing Jimmy Carter as blackest stain on the office in history. No pun intended.
I think it would also be appropriate to ask what happened to private sector employment during World War 2. A libertarian would know that the government can't create jobs out of fairy dust- they can take from one party and give to another, and the process is much less efficient than the private market.
How can a poll showing approval be accurate when Obama promised to push a bill that 80% of the country is opposed to and lied, saying that there's overwhelming evidence that global warming exists? Accurate my ass!
Why do you bother calling yourself a libertarian when it's obvious that you are a Democrat?
80 %? Really? Rasmussin says you are way off. Accurate my ass....
Ok, 61%. Still a bad number for the Obamacare folks. Not much to brag about there...:rofl
Another not so flattering poll.
Poll: 67 Percent of Americans Oppose Funding Abortion in Health Care Bill
The difference though is one is the right number, and one is a made up number that is not even close to reality.
In a recession? It means fewer purchases.
So, you advocate starting a global war?
Nope! Sorry.
You gave us Christmas numbers as proof of recovery? Of course the CCI is going to go up a measely four points in December.
The Index is based on responses to 5 questions included in the survey:
1. Respondents appraisal of current business conditions.
2. Respondents expectations regarding business conditions six months hence.
3. Respondents appraisal of the current employment conditions.
4. Respondents expectations regarding employment conditions six months hence.
5. Respondents expectations regarding their total family income six months hence.
Why do you bother contemplating my political ideology when you haven't the slightest clue of where it stems?
Can you piece together why home sales are down? It is rare to have it both ways; near impossible when demand is in a funk.
Not at all. You claimed that government cannot create jobs, and i clearly pointed out a historical reference in which it did. How about when government appropriates money to build a nuclear power center, and then leases it to a private firm when it is complete? Does this create jobs?
It's not rocket science: nobody has any money and the folks that do aren't spending it.
The government didn't create jobs, in the case of WW2. The war created a demand for manpower. Without a war, how is the demand for manpower going to increase and more importantly, whose going to pay for it?
Bottom line is, only the private sector can create jobs and wealth.
Obama has come to the American people in his Hate of the Union Speech with so much B.S. it would be funny if it were not so blatantly counter to what he has done so far. He makes claims to do things that are clearly at odds with his goals. He will continue to do this if he is not shut down by the truth and what he does not what he claims he is doing.
Obama is without question Anti-American and he uses false claims of patriotism to promote his agenda of Socialism.
I ask you what has this Socialist/Communist done that makes sense and is in the true interests of America.
The answer is nothing.
While watching this propaganda speech I noted that C-Span was careful to show only 99% of the Dems in support of what was said.
No surprise there. The Dems are in decline because Obama and they will do what ever they can to promote this loser who has no track record of accomplishment in his life, other than the promotion of a socialist agenda in his work as a community organizer. He has supported the take over of industries in the same vane as Hugo Chavez.
I have never been a big fan of Glenn Beck but it is clear that he gets it right when he points out that Obama and Chavez are on the same game plan.
There ae some who will claim that Jesus is on the side of the Obama Liberals. But be ware thse people are simply lashing out.
Obama being a member of the cult of Islam is obligated to do or say what ever he has too to make his point and to do what ever he can to make his point regardless of the truth or the facts of his real agenda.
This part is even worse. Who went to war? The government or the private sector?
My issue is not the concept, as the private sector is the innovative engine for our economy. The bold highlights it. When monetary velocity decreases, government can help boost demand. I can prove it mathematically if you would like.:lol:
The first poll after the SOTU shows high approval in pretty much all counts, except faith that he can implement his vision.
http://www.cbsnews.com/htdocs/pdf/poll_SOTU_012710.pdf
I am curious about the results of the rest of the polls but it looks like they haven't been published yet.
Where did the manpower come from? Who did the hiring?
The theory of the firm consists of a number of economic theories which describe the nature of the firm, company, or corporation, including its existence, its behaviour, and its relationship with the market.
I'd rather you show me one government in history that successfully created wealth, without a private sector. Of course the government can created demand, but not wealth and jobs.