You have a reading comprehension problem, read what I posted, "implementing policy" is different that actually growing the private sector.Goldenboy219;1058606361]Obama is not responsible for "growing" the private sector as that task will forever be part of a market economy. The "private sector" will grow on its own accord regardless of the size and scope of Obama. You give him far too much credit (you sound like Hanity). Government spending does in fact boost (upward shift) aggregate demand. Now we sit back and wait for it to take effect.
Right, unemployment, discouraged workers, labor force, deficit, debt are all non substantial especially when they are negative.You have brought up Obama in every single post thus far. I got it (you hate him) last month. Nothing you have stated however has been substantial.
Again, your posts are laughable, unemployment is closer to 17% so he has exceeded your expectations to the negative.Agreed. I was expecting (even with the puny stimulus) unemployment in the tune of 12%-13% and therefore this so called stimulus package has clearly beaten my expectations.
Were you around during the late 70's, old enough to be working and paying taxes? This is nothing compared to then. You must be in school thus content with the results. Eventually that lightbulb in your head is going to go off, hopefully not too late.And that is just it. Hell bent on exposing the 8% given how bad everything truly was shows your detachment from reality. The fact that U6 unemployment is 17% now and not 33% is going to be viewed as a positive in my book. Optimal? Nope! But given the lack of size (it should have been in the upwards of $1.5 trillion with 90% towards various infrastructure) i am content with the results.
.The relative size of discouraged workers is not a vital issue during this stage in the game. If unemployment were @ 13.5%, such an issue would become vital as it accounts for a greater aspect of both the labor force and non-institutionalized population
Unemployment rate is closer to 17%, not even 13.5% you mention. There is no incentive for the private sector to grow. The private sector costs are going up thanks to Obama but that doesn't matter to people who don't understand the private sector, incentive, and a pro growth economic policy.
If unemployment goes below 9% by July I will drop my Bush Avatar and will admit that I was wrong.Great analysis Anyways what wagers do you agree to and what are the terms? For unemployment (over under 9%) shall it be a Reagan/Obama avatar to the loser. Not that i love the current president, but seeing you sport it would be great for a month.
I spent 35 years in the business world, benefited during every President but did my best during Reagan. I am fine, living fine, doing well. I know what it takes to drive the economy and nothing Obama is doing supports what I know grows the economy.Inflation...... Dare anyone speak that dreaded word! The austrians were clamoring for hyperinflation due to the bursting of the housing bubble and now you are betting for inflation? Why not keep your mouth closed and max out your investment fund with a TIPS etf, or short treasuries, buy gold, etc...? I'll go an entire year with the avatar of your choice for this wager. I would only require you 1 month if for some reason there is not double digit inflation (ill even give you a 2 point handicap). By the end of this year. Deal?