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Thread: Census finds record gap between rich and poor

  1. #1011
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by ender1 View Post
    Can you make a point without trying to insult people. Its rude.


    But it also set up the worst economic crisis since the Great Depression.



    He also had a surplus. ** His words not mine
    Do you know what GDP stands for? It has nothing to do with deficit or surplus. It was a PROJECTED surplus not an actual surplus and then there was 9/11 and the recession that began in 2001 in March.

    The one thing we don't have to worry about however is Obama ever having a surplus. he is bad for economic growth, great on spending thus deficits. Wonder how many Libertarians support trillion dollar deficits of Obama?

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    You don't have a clue what a real crisis is, Reagan inherited a crisis high inflation, high interest rates, zero interest rates and 7.6% unemployment isn't a crisis.

    The real crisis began on January 21, 2009 with Obama's leftwing agenda that has made things worse. It is indeed a crisis now as the unemployment rate is closer to 17% thanks to the leftwing agenda. Interesting that millions of Americans are fleeing Obama yet you, a proclaimed libertarian, defends him.

    You continue to buy the rhetoric of someone who has yet to tell the truth on any issue. That doesn't help your credibility.
    Your changing your point again. When did we start talking about President Reagan.

    Nobody will agree that the crisis began on January 21st 2009. Not even republican candidates in 2008.

    I think for my self thank you. Please stop trying to insult me. Yo mama is soooo....

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by ender1 View Post
    Your changing your point again. When did we start talking about President Reagan.

    Nobody will agree that the crisis began on January 21st 2009. Not even republican candidates in 2008.

    I think for my self thank you. Please stop trying to insult me. Yo mama is soooo....
    You claimed that this was the worst crisis since the Great Depression and that is quite an exaggeration which is the point I made bringing Reagan into it. The crisis he inherited was much, much worse and he solved it whereas Obama made it worse.

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    Re: Census finds record gap between rich and poor



    Anyone on this thread remind you of Baghdad Bob?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post


    Anyone on this thread remind you of Baghdad Bob?
    LOL

    ............

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by donc View Post


    Anyone on this thread remind you of Baghdad Bob?
    collectivists-be they ba'athist socialists, welfare socialists, democrat-socialists, or psychobabbling pillowheaded utopianists all pretty much look alike



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    Do you realize you don't have a clue as to what the numbers posted show? Let me help you

    GDP grew 4.5 trillion dollars in 8 years. No other President in history increased GDP over 4 trillion dollars in 8 years let alone 4.5 trillion. That is hardly driving the economy off the cliff.

    GDP was 9.9 trillion when Bush took office.
    Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

    Real GDP: Year over Year Change | The Big Picture

    But you can find the read data here:

    U.S. Department of Commerce. Bureau of Economic Analysis

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by zip98053 View Post
    Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

    Real GDP: Year over Year Change | The Big Picture

    But you can find the read data here:

    U.S. Department of Commerce. Bureau of Economic Analysis
    At least we have someone who knows how to go to the bea.gov, congratulations. Regardless tell me how growing GDP 4.5 trillion dollars in 8 years with a recession in 2001, 911, and a recession in 2008 is driving the car over the cliff? We didn't go from up 100% but we did go up 4.5 TRILLION DOLLARS and that is reality and that is pretty damn good, hardly the disaster you portrayed. Liberals love percentage change when it suits their agenda. You don't spend percentages you spend real dollars and 4.5 trillion dollars added a lot of revenue to the Treasury.

  9. #1019
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by zip98053 View Post
    Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

    Real GDP: Year over Year Change | The Big Picture

    But you can find the read data here:

    U.S. Department of Commerce. Bureau of Economic Analysis
    I would also add that every penny of deficit should count against GDP because it's borrowed money :P
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Conservative View Post
    You claimed that this was the worst crisis since the Great Depression and that is quite an exaggeration which is the point I made bringing Reagan into it. The crisis he inherited was much, much worse and he solved it whereas Obama made it worse.
    Hum, the year before Regan took office, the GDP went down by 0.3%. In his first year in office ('81), it went up 2.5%. Then in his second year, it went down again by a painful 1.9%. In Obama's first year ('09), the GDP was down by 2.6% but now it is up. So, the actual numbers say that Regan did make it worse and Obama is making it better and the situation that Obama inherited was much worse than what Carter left Regan.

    It's just awful that the Intenet makes it so easy to check the facts. Makes making an arbitrary claim so much harder.

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