Page 43 of 47 FirstFirst ... 334142434445 ... LastLast
Results 421 to 430 of 466

Thread: Obama's FY 2012 Budget

  1. #421
    Sleeper Agent
    iamitter's Avatar
    Join Date
    Jan 2011
    Location
    NY, NY
    Last Seen
    12-02-17 @ 01:11 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    1,836

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by Conservative View Post
    That doesn't answer the question I aksed ricksfolly regarding his claims about Reagan.
    Well, you certainly asked the question
    What economic policy did Reagan implement that caused the rise in unemployment?
    and the answer to that is the contractionary monetary policy.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  2. #422
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 01:25 PM
    Gender
    Lean
    Conservative
    Posts
    67,264

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by iamitter View Post
    Well, you certainly asked the question and the answer to that is the contractionary monetary policy.
    Reagan nor does any President implement monetary policy. Reagan implemented economic policy that put more money into the hands of the people and the results are there for all to see but too many ignore results and buy rhetoric, just lik ricksfolly.

  3. #423
    Sage

    Join Date
    Nov 2009
    Last Seen
    Today @ 07:29 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    8,351

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by j-mac View Post
    Medicare has an unfunded liability somewhere in the 10s of Trillions.....Yeah great plan.


    j-mac
    Not sure you understood what I said. Medicare has to be fixed becuase of FUTURE problems. So the quicker we fix them the better. Some people want to throw out a roadblock to cutting anything and throw out your line about the trillions of dollars of shortfall Medicare will have in the future. Medicare is not a quick fix. As proven by Obamacare which original goal was to " bend the cost curve".

  4. #424
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 07:02 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by washunut View Post
    Not sure you understood what I said. Medicare has to be fixed becuase of FUTURE problems. So the quicker we fix them the better. Some people want to throw out a roadblock to cutting anything and throw out your line about the trillions of dollars of shortfall Medicare will have in the future. Medicare is not a quick fix. As proven by Obamacare which original goal was to " bend the cost curve".

    It bent it alright....up instead of down.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  5. #425
    Sage
    Gill's Avatar
    Join Date
    Dec 2005
    Location
    The Derby City
    Last Seen
    12-08-17 @ 10:39 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    8,686

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by iamitter View Post
    That would be paul volcker's artificially raising the interest rate to curb inflation in exchange for artificially raising unemployment. That's Econ 101.
    Whatever they did, seemed to work since interest rates, unemployment, and inflation rates ALL came down during Reagan's term in office.

    Unemployment had a brief blip up, but soon came down and continued to decline during his term in office.. Obama's policies haven't touched the out-of-control unemployment.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  6. #426
    Sleeper Agent
    iamitter's Avatar
    Join Date
    Jan 2011
    Location
    NY, NY
    Last Seen
    12-02-17 @ 01:11 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    1,836

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by Gill View Post
    Whatever they did, seemed to work since interest rates, unemployment, and inflation rates ALL came down during Reagan's term in office.

    Unemployment had a brief blip up, but soon came down and continued to decline during his term in office.. Obama's policies haven't touched the out-of-control unemployment.
    If you haven't noticed a stagflation recession is different than a high unemployment/deflation scenario.

    Frankly, I don't think any policies will change unemployment, nor should they. Europe has always had ~8% unemployment. We've been lucky with a low NRU, but maybe the time for it to change is now.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  7. #427
    Sage
    Gill's Avatar
    Join Date
    Dec 2005
    Location
    The Derby City
    Last Seen
    12-08-17 @ 10:39 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    8,686

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by iamitter View Post
    If you haven't noticed a stagflation recession is different than a high unemployment/deflation scenario.

    Frankly, I don't think any policies will change unemployment, nor should they. Europe has always had ~8% unemployment. We've been lucky with a low NRU, but maybe the time for it to change is now.
    Ahh, so you want us to be just like Europe ???

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  8. #428
    Sleeper Agent
    iamitter's Avatar
    Join Date
    Jan 2011
    Location
    NY, NY
    Last Seen
    12-02-17 @ 01:11 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    1,836

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by Gill View Post
    Ahh, so you want us to be just like Europe ???
    You know, I'm interested to where you got that from my comment. You grasped at a portion of what I said and blew it way out of proportion.

    I think our NRU is going to stay at ~7% for at least the next decade.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  9. #429
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 07:02 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by Gill View Post
    Whatever they did, seemed to work since interest rates, unemployment, and inflation rates ALL came down during Reagan's term in office.

    Unemployment had a brief blip up, but soon came down and continued to decline during his term in office.. Obama's policies haven't touched the out-of-control unemployment.

    If anything Obama's funky math isn't actually showing the real numbers.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  10. #430
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 07:02 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

    Re: Obama's FY 2012 Budget

    Quote Originally Posted by iamitter View Post
    You know, I'm interested to where you got that from my comment. You grasped at a portion of what I said and blew it way out of proportion.

    I think our NRU is going to stay at ~7% for at least the next decade.

    He said that because you compared our numbers to that of Europe, then said that our numbers were low, and that somehow we should be more in line with Europe as far as employment numbers go, paraphrasing ofcourse.

    But I don't buy the current numbers being doled out to the public either, our real unemployment in this country if you consider all the factors is closer to 20% than it is 9%

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Page 43 of 47 FirstFirst ... 334142434445 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •