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Thread: Obama says GOP making life harder for the jobless

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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by apdst View Post
    Learn to express yourself properly and you won't have to worry about my opinion of your posts.
    Only in your world does calling an assumption faulty means you think it's true.
    "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

    Quote Originally Posted by obvious Child View Post
    I'm going to have disagree with that. As Reagan showed, corporate trickle down works. And as Bush showed, bonus depreciation caused a glut of corporate spending. When Reagan blew the bank on military spending, defense contractors geared up production, hiring new workers and increasing demand on suppliers. I don't need to explain the rest to you as I'm 100% you get it.

    But individual trickle down doesn't work because it ignores the marginal propensity to save/consume.
    You are right about individual trickle down. Trickle down from businesses is a more tenuous and hard to measure thing. It is certainly not nearly a 1 for 1 relationship. Reagan's military spending was not really trickle down economics, as it was not considered part of his economic policy, but it did work that way. You could argue that tax cuts to businesses that hire new people is a form of trickle down economics, and it highlights the problem with the whole thing. The tax cut will not cause businesses to hire any one new(that takes an increased demand for labor), but it will cause businesses to hire new people sooner, over having current employees work overtime. Of course, that is only true if there is confidence of a continued demand, which is why we are seeing such high unemployment still. Businesses are not hiring more people or calling people back because they lack confidence in the duration of demand, so you have businesses running with lots still on layoff, but those working are working lots of overtime.

    CC is also wrong in assigning the problem with trickle down to greed, like that is some bad thing. No one can blame a person or corporation for maximizing profits...it's what they should do.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama says GOP making life harder for the jobless

    Moderator's Warning:
    Obama says GOP making life harder for the joblessThis is just a warning. Things are getting a tad heated for a couple people. Be careful you do not cross the line into personal insults. Thank you
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama says GOP making life harder for the jobless

    Originally Posted by Goyboy:
    I didn't say that the GOP members were any better at reducing the national debt. They are equally guilty of adding to the national debt.
    Quote Originally Posted by Boo Radley View Post
    I would agree to equal guilt. Do you hold equal distian? Will you believe anything republicans say?
    Me believe everything that Republicans say? No way.

    No political party has a monopoly on good ideas. No political party has a monopoly on bad ideas.
    The height of wisdom is to say, "I do not know." -Socrates

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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by TurtleDude View Post
    subsidizing people staying unemployed means more people will stay unemployed.
    Actual unemployment(including underemployed and discouraged workers) is over 20 % in the county I live in. Unemployment benefits is not the problem, lack of jobs is.

    Word got out last week that the Meijer's(think Wallmart, but local to Michigan, and bigger than Wallmart by far within Mi) in this town was hiring a couple new stock people. This is a minimum wage, part time, no benefit job. I found out about this when I went to Meijer's last week to do grocery shopping, and the two computer terminals where you can fill out applications instore had about 30 people around them. The cashier when I checked out explained it to me when I asked, and said that it had been like that constantly for the last 3 days since word had gotten out.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by Goyboy View Post
    Originally Posted by Goyboy:



    Me believe everything that Republicans say? No way.

    No political party has a monopoly on good ideas. No political party has a monopoly on bad ideas.
    Well, I don't disagree.

    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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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by obvious Child View Post
    When Reagan blew the bank on military spending
    Very hard to take you seriously when you make such false statements as this.



    Hardly "Blowing the bank". And if you check teh Domestic Spending, which was forced by the Democrat Party which was in power in the House/Senate... well, there you go. For an expert, you sure are prone to lying.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by Redress View Post
    Actual unemployment(including underemployed and discouraged workers) is over 20 % in the county I live in.
    Then it's probably more like 25~30% unemployment. During Reagan's era, the Department of Labor monkeyed around with how the actual unemployment computations are computed. There's a thing called U6 which is the broadest method of computing unemployment. That pretty much used to be the standard for what the reported amount was. We haven't had accurately reported unemployment numbers in the news in decades.
    "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

    Quote Originally Posted by TurtleDude View Post
    it certainly beats the government stealing wealth and doling it out to dem elites
    This is certainly a well spun version of reality. Hve you looked into a job in politics?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by obvious Child View Post
    Then it's probably more like 25~30% unemployment. During Reagan's era, the Department of Labor monkeyed around with how the actual unemployment computations are computed. There's a thing called U6 which is the broadest method of computing unemployment. That pretty much used to be the standard for what the reported amount was. We haven't had accurately reported unemployment numbers in the news in decades.
    I was referring to U6, and it was not Reagan. I believe as best I can tell that the change was made back in the time of the Great Depression.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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