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Thread: Obama State of the Union

  1. #791
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    You seem to be under the impression that I believe that all of the Obama stimulus plan was bad. That is false, any part of the stimulus that goes towards actual job creation is good and the intent of a stimulus program. Any idea as to what percentage of the 800 billion stimulus plan meets that criteria? Bailing states out, funding union pension funds is not stimulus.
    The purpose of the stimulus was to get money moving again. To get the dual benefit of investing in the needs of our country, the money was targeted to areas that most benefit the individual states needs as well as our National long-term interests in areas most important to our future, such as farming, education and energy.

    There is general agreement that it has helped our situation and will continue to help more as the states get their projects further along that were supposed to be shovel ready before they requested the funds.

    I've already noted the projects the stimulus enabled and jobs created in texas.

    Here is both a detailed and general breakdown of how the funds were spent nationally:
    What's in the Stimulus Bill - A Breakdown - The Wall Street Journal Online
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  2. #792
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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    The purpose of the stimulus was to get money moving again. To get the dual benefit of investing in the needs of our country, the money was targeted to areas that most benefit the individual states needs as well as our National long-term interests in areas most important to our future, such as farming, education and energy.

    There is general agreement that it has helped our situation and will continue to help more as the states get their projects further along that were supposed to be shovel ready before they requested the funds.

    I've already noted the projects the stimulus enabled and jobs created in texas.

    Here is both a detailed and general breakdown of how the funds were spent nationally:
    What's in the Stimulus Bill - A Breakdown - The Wall Street Journal Online
    Great, you want to believe the stimulus is working, that is your right. Tell that to the 15 million Americans still unemployed and the millions that dropped out of the job market.

    The fact is it has been a year since that stimulus plan was passed and you apparently are part of the 6 percent that believes it has created jobs. Even the news media is calling it a failure. Stimulus plans are supposed to be short in duration and create immediate impact. That has not happened.

    What you are seeing has nothing to do with stimulus but everything to do with the budget process and makes the 800 billion program doing nothing but creating debt.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Great, you want to believe the stimulus is working, that is your right. Tell that to the 15 million Americans still unemployed and the millions that dropped out of the job market.

    The fact is it has been a year since that stimulus plan was passed and you apparently are part of the 6 percent that believes it has created jobs. Even the news media is calling it a failure. Stimulus plans are supposed to be short in duration and create immediate impact. That has not happened.

    What you are seeing has nothing to do with stimulus but everything to do with the budget process and makes the 800 billion program doing nothing but creating debt.
    It did what Obama wanted it grew government

  4. #794
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Conservative isn't going anywhere.
    Well, you are getting a "Mock Me" sign painted on your forehead.

    Don't see that deficit you are claiming exists.
    Perhaps you should read your own newspapers for a change. And look up what your comptroller has stated. Mind you, your REPUBLICAN comptroller.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    , I doubt that anything I post is going to be deemed credible by you as you really have no interest in actually doing your own research to verify that data I post or consider where it comes from.
    I posted quotes from your own Comptroller. I posted a link citing you own comptroller.

    You are wrong and you are too immature to admit it.

    Everything that OC has posted has been refuted but you choose to buy what OC states. Why? I don't think OC has a lot of credibility in anything posted. OC's desire is for attention and for putting others down. OC has no interest in facts, logic, or common sense.
    Prove this statement.

    $5 donation to DP forum says you can't.

    Wonder what OC believes a Rainy Day fund is for?
    I understand government accounting far more then you understand basic addition and subtraction. A rainy day fund is never, ever, ever counted as a current revenue item. You have stupidly argued that a fund made up of prior year tax revenues is a current year revenue item. Basically, an analogy would be Enron reclassifying an account made of monies received for services decades ago that have been sitting in an account for decades as current revenue for the current fiscal year. It is made of current revenue items? No way. But you are explicitly calling rainy day funds made up of prior year taxes as current year tax revenue. Hence why I know you have no understanding of accounting or finance.

    TX does not allow for deficit spending so would that qualify for use of the Rainy Day fund?
    Not the point. Still not a budget surplus. Again, monies that have been sitting in an account gathered from prior years that have been closed for the related transactions that produced them are never, ever, ever, ever, ever considered current. When you look at prior year Texas financials as I have previously posted and you deliberately ignored, Texas has actually without the rainy day fund been running deficits for years.

    Texas hasn't had a real budget surplus in at least four years.

    TX will always cut spending to reduce deficits whereas liberals will always raise taxes. OC needs to figure out why people are moving to TX and moving out of California.
    Reality is knocking. Perhaps you should answer.

    Well thanks again for admitting you have no clue what "operating deficit" means.
    Last edited by obvious Child; 02-22-10 at 03:32 AM.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    I don't know but someone got it wrong

    http://www.cppa.utah.edu/westernstat...Texas_2008.pdf

    TX operates on a two year budget, 2008-2009, Then 2010-2011.

    Best move I ever made moving to TX.
    FAIL.

    Most states operate on a two year fiscal cycle. But if you actually read anything, you'd know that the deficit for Texas is for the current fiscal year.

    And clearly, your newness to the internet is showing. Superscripts are reference links. Perhaps if you BOTHERED TO READ ANYTHING, you'd actually see the references.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  7. #797
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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    Well, you are getting a "Mock Me" sign painted on your forehead.



    Perhaps you should read your own newspapers for a change. And look up what your comptroller has stated. Mind you, your REPUBLICAN comptroller.
    I have looked up what the Comptroller said and the problem is obviously you cannot comprehend exactly what he said. The economy of TX is better than almost any other economy in the nation and far and away exceeds similiar size states. Where there is job creation most of it is in TX, where there are budget problems most of them are outside TX, where there is population growth most of it is in TX.

    TX however is part of the United States and is affected by the Obama economy. There is a PROJECTED deficit in the state, that means it could happen if the overall economy doesn't improve. The TX economy is beginning to suffer due to the national economy and it will get worse before it gets better however the state is better positioned than most to weather the storm.

    Instead of a "gotcha" moment you ought to be finding out why TX is doing better than the rest of the nation and to steal "shamelessly" rather than focusing on a projected deficit.

    This state has been fiscally responsible and understands personal responsibility and has done so without a state income tax. It has a part time Legislature just like our Forefathers wanted. They meet every two years and compose the budget. TX is on the border and has an illegal immigration problem but inspite of that it is among the last states to be affected by the recession and will be one of the first to get out of that recession, all because it isn't an entitlement based state.

  8. #798
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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    FAIL.

    Most states operate on a two year fiscal cycle. But if you actually read anything, you'd know that the deficit for Texas is for the current fiscal year.

    And clearly, your newness to the internet is showing. Superscripts are reference links. Perhaps if you BOTHERED TO READ ANYTHING, you'd actually see the references.
    The large states have a full time legislature not a part time legislature and I have posted data proving my point. You ignored it. That is what you do.

  9. #799
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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    FAIL.

    Most states operate on a two year fiscal cycle. But if you actually read anything, you'd know that the deficit for Texas is for the current fiscal year.

    And clearly, your newness to the internet is showing. Superscripts are reference links. Perhaps if you BOTHERED TO READ ANYTHING, you'd actually see the references.
    Maybe if you actually did some research you would find what the Comptroller said. Since you won't do it here is exactly what she said

    •Texas Comptroller Susan Combs recently estimated that the state will have a surplus of $10.7 billion for the upcoming biennium.

    You see, my estimates are different from yours.

    In addition see if you can find TX on this list

    http://www.cbpp.org/cms/?fa=view&id=711
    Last edited by Conservative; 02-22-10 at 11:11 AM. Reason: Add current budget updates

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Maybe if you actually did some research you would find what the Comptroller said. Since you won't do it here is exactly what she said

    •Texas Comptroller Susan Combs recently estimated that the state will have a surplus of $10.7 billion for the upcoming biennium.

    You see, my estimates are different from yours.

    In addition see if you can find TX on this list

    Recession Continues to Batter State Budgets; State Responses Could Slow Recovery — Center on Budget and Policy Priorities
    Obama should order TX to immediately transfer that money to NV and CA to help their deficits.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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