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Thread: Obama says GOP making life harder for the jobless

  1. #211
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    Re: Obama says GOP making life harder for the jobless

    LOL, prove that I ran a 200 million dollar business into the ground? You and the rest of those here that want to bully people around or put people down are insignificant and thus irrelevant. You make wild accusations that divert from the thread topic all in hopes of propping up your little insecure egos. Anytime you want to address the thread topic, the total disaster that obama is, or respond to the data reported by the sites I gave you let me know and I will respond. Obviously people that never ran a business have no clue as to where the money comes from that pays for the employees or supports the community. Obama came into office with 11 million unemployed, passed and signed a stimulus package and the unemployment today is over 15 million. Now he wants indefinite unemployment benefits yet you and others tell me where the money comes from.

    You, OC, and others haven't a clue as to how our economy works, how human behavior plays into that economy, and what this President has done to destroy incentive and the private sector. You really don't care about others just like our President doesn't really care about the American people as evidenced by his policies and massive expansion of govt. power.

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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by winston53660 View Post
    and he claims to have run a 200 million $ corp. Into the ground maybe because his understanding of worth and valuation is abysmal.
    Or has no understanding of what statistics are. Or information. He did say that "I don't care about linear regression." Maybe that's why he destroyed so much wealth? Good CEOs want good information and want to know why things happened. Saying "I don't care about linear regression" is saying "I don't care why our sales are dropping" or "I don't care to know how our cost structure functions" or "I don't care to know how we make money." Understanding staistics and the underlying principles is vital to making sense of raw aggregate data. Raw aggregate data doesn't tell us anything. One needs to process it into a usable form and model to derive information. A bunch of sales receipts doesn't mean squat until you process it and expenses into an income statement with monthly comparisons. That's why I like staistical linear regression so much in economics. Determining the impact of one trait upon the whole lets us determine which was the cause and what policies should be enacted. It makes no sense to s pushing policies that regression shows have little corrolative strength to the outcome. We run regression because it sorts out the data into a usable form. Conservati;ve's constantly harping on raw data suggests to me he has quite literally no understanding of economics or business. Raw data in itself is useless and that's pretty much what the sites he posts are giving us. Raw aggregate data. Can you project income on raw aggregate data? No. You have to process it first. Can you determine in a new location will produce sufficent income to warrant investment on raw aggregate data? No.

    I just can't understand how the notion of raw aggregate data can somehow prove singular complex economic events were the cause of the output. That makes absolutely no sense to me.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama says GOP making life harder for the jobless

    What far too many people do not understand is personal responsibility and consequences for negative actions because with liberals there are no consequences and always a bailout. It is the quality of people that make good home owners not the other way around. There are a lot of very bad people in this world that have no business being homeowners and will take advantage of any situation and handout which zero down payment loans are. Notice how much fraud there was in the first time home owner credit where millions were paid to people in prison? No matter how much social engineering you and others try to do, someone is going to take advantage of you and your attempt at good will. As long as someone else is paying then someone is going to be there to take and take and take.

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    Re: Obama says GOP making life harder for the jobless

    Taking raw aggregate data is what you refuse to do. That data is in the sites I gave you but you ignore them. You also ignore human behavior including your own. You aren't nearly as smart as you think you are but your intellectually superior attitude makes you think you are more important than you really are.

    You can continue to show your ignorance about how business and our economy operates and continue to put me down making wild claims you cannot substantiate but that doesn't make you smart and in fact makes you look petty and quite foolish. You also take the simple and make it complex all in an attempt to make yourself look smart. Sorry but when it comes to business and the economy you aren't very smart at all as evidenced by your posts.

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    Re: Obama says GOP making life harder for the jobless

    Hey Guys,

    If I have $5 in my wallet, what is the cause for that?

    A) I sold something for $5
    B) I stole $5
    C) Someone gave me $5
    D) I found $5 on the street

    Can you determine from merely looking at my wallet how I got that $5?

    Conservative thinks he knows the answer. All by simply looking at the $5.

    Lesson to be learned here? Get an education, or you might end up like him.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama says GOP making life harder for the jobless

    Nice diversion, don't care where you got the $5 as long as it was legal nor do I care what you do with the $5 again as long as it is legal. That is the difference between me and a liberal. I know that $5 is going to have an affect on the economy whereas a liberal expects you to give that $5 to the govt. because they will spend it "better."

    That is the point, the American consumer drives this economy and that consumer with more of their money makes this economy run and creates jobs thus new taxpayers thus driving govt revenue. Tax rate cuts put more in each paycheck, not just the rebate checks that Obama sent out to targeted individuals. Barack Obama has done nothing to increase the private sector job creation except put more uncertainty on that sector thus keeping unemployment high. That affects govt. revenue as well.

    Now as for getting an education, if you are an example of what people turn out like with that education then most will come to the conclusion that it really isn't worth it. Some would call that being a book smart street stupid liberal.

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    Re: Obama says GOP making life harder for the jobless

    Am I surprised you totally failed to understand the analogy? Does the Pope live in Rome? Does a bear do its business in the woods?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama says GOP making life harder for the jobless

    Does it matter to the average American? You are too busy analyzing everything that you ignore what is actually going on. Keep studying and then one of these days you are going to look back and wonder what happened to your life as you accomplished absolutely nothing.

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    Re: Obama says GOP making life harder for the jobless

    Wow. Insulting me to compensate for your total failure to understand a very basic analogy. Thanks, you've been worth more then a few laughs.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  10. #220
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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by Conservative View Post
    LOL, prove that I ran a 200 million dollar business into the ground? You and the rest of those here that want to bully people around or put people down are insignificant and thus irrelevant. You make wild accusations that divert from the thread topic all in hopes of propping up your little insecure egos. Anytime you want to address the thread topic, the total disaster that obama is, or respond to the data reported by the sites I gave you let me know and I will respond. Obviously people that never ran a business have no clue as to where the money comes from that pays for the employees or supports the community. Obama came into office with 11 million unemployed, passed and signed a stimulus package and the unemployment today is over 15 million. Now he wants indefinite unemployment benefits yet you and others tell me where the money comes from.

    You, OC, and others haven't a clue as to how our economy works, how human behavior plays into that economy, and what this President has done to destroy incentive and the private sector. You really don't care about others just like our President doesn't really care about the American people as evidenced by his policies and massive expansion of govt. power.
    Who are you talking to and what are you talking about?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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