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Thread: Economy soars 5.7 percent, fastest in 6 years

  1. #21
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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by Dav View Post
    It's a ridiculous assertion with absolutely no proof or basis anyways.
    Particularly when half of TARP wasn't even used.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by randel View Post
    do you agree that a full recovery will take time? or do you expect obama to snap his fingers, and have everything fall into place?
    thank you for asking, but no one cares what i think, i don't even care what i think

    america DEMANDS that president obama fix this catastrophe NOW

    or else he needs to go away

    that's just the way it is, if he can't handle it he shouldn't have run

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by The Prof View Post
    thank you for asking, but no one cares what i think, i don't even care what i think

    america DEMANDS that president obama fix this catastrophe NOW

    or else he needs to go away

    that's just the way it is, if he can't handle it he shouldn't have run
    This catastrophe can't be fixed. Too much debt, too many jobs lost overseas, and a collapse in the housing and financial sectors. People better get used to it because this is as good as it's going to get.
    Obama will be a one term president and so will the next one and the next. Promises will be made that can't be kept. That's the way our system works.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by Dav View Post
    Not according to Obama.
    What a ridiculous misuse of the claims of the economists who were advising Obama. This is about the report where they made their predictions and recommendations regarding the stimulus:

    Quote Originally Posted by TIME Magazine
    The two economists did say in the report that they expect the bulk of the jobs created by the stimulus to happen in 2010 and 2011.

    The fact that unemployment got worse than expected before the jobs created by the stimulus could take effect is simply an even better reason to have a stimulus.


    It's a ridiculous assertion with absolutely no proof or basis anyways.
    Its not a ridiculous assertion, and it does have a basis, but you are right that there is no way to prove it. How DO we prove what WOULD have happened, after all??

    What you would have liked to have done is do what flies in the face of the most reputable economic science (the "basis"), and then what likely WOULD have happened would have been a Depression.

    But, you're right, we'll never know.
    Last edited by Dezaad; 01-30-10 at 05:00 PM.

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by The Prof View Post
    thank you for asking, but no one cares what i think, i don't even care what i think

    america DEMANDS that president obama fix this catastrophe NOW

    or else he needs to go away

    that's just the way it is, if he can't handle it he shouldn't have run
    a simple answer and very true.

  6. #26
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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by deltabtry View Post
    a simple answer and very true.
    Would it be true if a republican was president right now?

    A president gets four years to do his thing. That's the way it is.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  7. #27
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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by USA-1 View Post
    This catastrophe can't be fixed. Too much debt, too many jobs lost overseas, and a collapse in the housing and financial sectors. People better get used to it because this is as good as it's going to get.
    Obama will be a one term president and so will the next one and the next. Promises will be made that can't be kept. That's the way our system works.
    You could be right, but the problem can be fixed and quickly to. Cut all unnecessary foreign aid, entitlements, ear marks, federal bribes, government pay cuts and entitlements, pull the military out of Europe and Asia, put education on a state level, all federal projects have a cost cap, reduce taxes across the board, reduce regulations across the board, develop our natural resources...a whole myriad of things can be done.

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by The Prof View Post
    thank you for asking, but no one cares what i think, i don't even care what i think

    america DEMANDS that president obama fix this catastrophe NOW

    or else he needs to go away

    that's just the way it is, if he can't handle it he shouldn't have run
    nice dodge, but i am asking what you think.......

  9. #29
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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by deltabtry View Post
    You could be right, but the problem can be fixed and quickly to. Cut all unnecessary foreign aid, entitlements, ear marks, federal bribes, government pay cuts and entitlements, pull the military out of Europe and Asia, put education on a state level, all federal projects have a cost cap, reduce taxes across the board, reduce regulations across the board, develop our natural resources...a whole myriad of things can be done.
    Quickly? I am for all those thing but it probably would shut down the entire country and states would go bankrupt. Not only that, it would take decades to accomplish it all.

    Like we haven't been developing our natural resources for the last 200 years.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Economy soars 5.7 percent, fastest in 6 years

    Quote Originally Posted by USA-1 View Post
    Quickly? I am for all those thing but it probably would shut down the entire country and states would go bankrupt. Not only that, it would take decades to accomplish it all.

    Like we haven't been developing our natural resources for the last 200 years.
    Well it's either sink or swim, which is it going to be...who knows. Natural resources in this country is stagnated due to over regulation and cost due to regulations. Natural gas, oil, coal, concrete, steel, agriculture is not even close to producing what it could. As far as the rest I didn't say cut it off completely but, we as a country best get control of the cost. Everything the government pays for does so at least three time the value of it's cost.

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