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Thread: Obama State of the Union

  1. #801
    Sage
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    Re: Obama State of the Union

    Quote Originally Posted by American View Post
    Obama should order TX to immediately transfer that money to NV and CA to help their deficits.
    Wouldn't put it past him to try for after all it is unfair for TX to have a surplus and their budget under control and other states like California suffering. Isn't that the "progressive' way?

    Watch for the attacks now from OC when confronted with sites other than those OC supports. Just like with all liberals govt. numbers are only accurate when they support a liberal's point of view.

    Instead of trying to duplicate what TX is doing liberals attack TX and the success the state has generated in some very difficult economic times. That is what liberals always do, attack success as being unfair.

    How about it Catawba?

  2. #802
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    I have looked up what the Comptroller said and the problem is obviously you cannot comprehend exactly what he said.
    HE?

    Susan Combs - Texas Comptroller of Public Accounts

    Elected by the people of Texas in 2006, Susan Combs serves as the Texas Comptroller of Public Accounts.
    Huh. Imagine that.

    And you are a clearly lying about looking up the comptroller.

    Care to post some quotes from SUSAN COMBS?

    All you have is hyperbole. Where I actually post data you just go off about how Texas is the best based on your factless opinions.

    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.
    Cite or you are lying.
    And highly misinformed:

    And you might want to read your own link: Texas faces a current year 3.5 billion dollar gap before budget adoption.

    She said estimates that lawmakers will confront a deficit of $10 billion to $11 billion are reasonable, but she sees hopeful signs the number could be well down in the single digits by January.
    Thanks again for showing you don't know what a surplus is.

    Asked about O'Brien's estimate that the budget gap could be between $10 billion and $11 billion, she said, "I don't find that a hard number to understand."
    Texas comptroller: Budget shortfall outlook overblown | News for Dallas, Texas | Dallas Morning News | Texas Regional News

    That's Conservative. Wrong as usual. Still haven't figured out what linear regression is have you?

    It's still funny you are arguing that a prior year item is actually current revenue.

    So much for the notion that Conservative has ANY idea how business works.
    Last edited by obvious Child; 02-23-10 at 01:19 AM.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  3. #803
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Wouldn't put it past him to try for after all it is unfair for TX to have a surplus and their budget under control and other states like California suffering. Isn't that the "progressive' way?
    Huh. When your own comptroller considers a $11 billion deficit to be "reasonable" it is highly questionable if you are capable of accepting reality.

    Watch for the attacks now from OC when confronted with sites other than those OC supports.
    You mean like your own link which shows Texas has a current year $3.5 billion deficit?

    How much can one person fail in one thread? This has to be a new record.

    Hell, you can't even get the gender correct of your comptroller.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama State of the Union

    This guy is essentially Navy Pride.

    Wrong on everything. Posts links that refute his own claims. Ignores everything he does not like. Relies upon calling people liberals as if that changes basic math.

    A current operating deficit of $3.5 billion is a current operating deficit of $3.5 billion regardless of what political ideology you bat for (THANKS CONSERVATIVE FOR THE LINK, IT'S EVEN BETTER THEN THE $1 BILLION OPERATING DEFICIT). Having $3.5 billion of costs exceeding revenue is simple accounting. Being a liberal or a conservative doesn't change the fact that you have $3.5 billion of costs exceeding revenue.

    Furthermore, being a liberal or a conservative doesn't change whether a rainy day fund made of money accumulated from taxes in prior periods unrelated to any future action is not a current year revenue item. Sure, the current year taxes funneling into the rainy day are current year revenue items (but generally because they are rainy day tagged they are not included in available general funds under most state CAFRs) but prior year rainy day funds made of up prior year taxes are never, ever, ever, ever, ever, ever current revenue.

    I do enjoy it when my opponent gives me the necessary ammunition from his own links to sink his argument.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama State of the Union

    Oh that's GOOD. That's Conservative, keep posting, it's hilarious.

    Fast Facts about Texas spending | Texas Budget Source

    That's for the 2008-2009 state budget. The REST OF US are talking about the 2009-2010.

    Thanks for not checking your facts or dates.

    Out of date and dead last wrong. What's new in the Fail world Conservative inhabits?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  6. #806
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    Re: Obama State of the Union

    Texas Senator Hutchinson(R) had this to say about the Texas budget shortfall problems in July of last year ~

    "Perry, on the other hand, in order to balance the state’s budget shortfall, Hutchison says, “accepted and spent 97 percent of the federal stimulus funds offered Texas. He wrote letters requesting the money and publicly asked Vice President Joe Biden — twice — for reassurance that Texas would receive some of it.”

    In other words, according to Hutchison:

    Perry talked loudly and carried a small stick. Instead of tightening our belt and enacting spending cuts as other states did, Texas turned almost exclusively to Washington for help. We now learn that Texas used a higher percentage of federal money – some $12.1 billion — to close its structural deficit than any other state. This is how our state budget was balanced.

    There you have it, straight from the Texas horse’s mouth.
    The one that just came storming out of the barn, not the one that has been roaming around the prairie wanting to secede from the farm."


    Texas Senator Hutchison Takes on Gov. Perry - Dorian de Wind - Open Salon
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #807
    Sage
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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    Texas Senator Hutchinson(R) had this to say about the Texas budget shortfall problems in July of last year ~

    "Perry, on the other hand, in order to balance the state’s budget shortfall, Hutchison says, “accepted and spent 97 percent of the federal stimulus funds offered Texas. He wrote letters requesting the money and publicly asked Vice President Joe Biden — twice — for reassurance that Texas would receive some of it.”

    In other words, according to Hutchison:

    Perry talked loudly and carried a small stick. Instead of tightening our belt and enacting spending cuts as other states did, Texas turned almost exclusively to Washington for help. We now learn that Texas used a higher percentage of federal money – some $12.1 billion — to close its structural deficit than any other state. This is how our state budget was balanced.

    There you have it, straight from the Texas horse’s mouth.
    The one that just came storming out of the barn, not the one that has been roaming around the prairie wanting to secede from the farm."


    Texas Senator Hutchison Takes on Gov. Perry - Dorian de Wind - Open Salon
    It does seem that the people in TX disagree with you. First they voted for McCain as Obama lost the state by over a million votes. Second Perry has a 20 point lead in some polls of KBH. Third TX does have a budget surplus as proven by actual results.

    Now instead of hating success, why don't you embrace it and find out what TX is doing that the rest of the nation isn't? The Stimulus fund was passed, Perry turned down the money but the Legislature overruled him. Regardless if the money is being spent why not in TX. Think that money was going back to the Treasury?

  8. #808
    Sage
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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    This guy is essentially Navy Pride.

    Wrong on everything. Posts links that refute his own claims. Ignores everything he does not like. Relies upon calling people liberals as if that changes basic math.

    A current operating deficit of $3.5 billion is a current operating deficit of $3.5 billion regardless of what political ideology you bat for (THANKS CONSERVATIVE FOR THE LINK, IT'S EVEN BETTER THEN THE $1 BILLION OPERATING DEFICIT). Having $3.5 billion of costs exceeding revenue is simple accounting. Being a liberal or a conservative doesn't change the fact that you have $3.5 billion of costs exceeding revenue.

    Furthermore, being a liberal or a conservative doesn't change whether a rainy day fund made of money accumulated from taxes in prior periods unrelated to any future action is not a current year revenue item. Sure, the current year taxes funneling into the rainy day are current year revenue items (but generally because they are rainy day tagged they are not included in available general funds under most state CAFRs) but prior year rainy day funds made of up prior year taxes are never, ever, ever, ever, ever, ever current revenue.

    I do enjoy it when my opponent gives me the necessary ammunition from his own links to sink his argument.
    OC, you are indeed a legend in your own mind. The people of TX are going to decide who is right or wrong, not you and right now Perry has a 20 point lead in the Primary over KBH, voted by over a million votes against Obama and are faring better than most states in the Union during this Obama recession.

    Now you can continue to play your games with words and websites but what really matters is how the people feel. You want to spread your misery equally to everyone else and the people of TX don't want any of what you are selling.

    It is a waste of time even discussing anything with you since facts don't matter. You also haven't a clue how to read the report I sent you from the Center of Budget Priorities. Sorry, OC, I love living in this state with Conservative leadership, a Budget surplus, and no state income taxes. You can spin it anyway you want but all you do is keep digging a deeper hole.

  9. #809
    Sage
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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    Oh that's GOOD. That's Conservative, keep posting, it's hilarious.

    Fast Facts about Texas spending | Texas Budget Source

    That's for the 2008-2009 state budget. The REST OF US are talking about the 2009-2010.

    Thanks for not checking your facts or dates.

    Out of date and dead last wrong. What's new in the Fail world Conservative inhabits?
    Most here, like me, don't know what you are talking about from one post to another. Yes, this is the 2008-2009 numbers and not 2010-2011 numbers which of course aren't over yet. Again you show that you don't know that projections are different from actual numbers.

    TX is being affected by the Obama recession but I'll bet not to the extent your state. Did you even read the information posted there including the comments from Susan Comb's regarding the surplus? Did you read where TX ranks in terms of taxes?

    It really is too bad that you don't understand how foolish you look as you focus on trying to prove yourself right vs. understanding how TX ranks in the nation and how it is weathering the Obama recession.

    The people of TX "get it" whereas I doubt you ever will.

  10. #810
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    Re: Obama State of the Union

    It seems the unemployed is worse than Obama is telling you.


    Underemployed Report Spending 36% Less Than Employed

    Gallup's daily measure of U.S. employment reveals that 19.9% of the U.S. workforce was underemployed during the month of January, translating to close to 30 million Americans who are working less than their desired capacity. Those who were underemployed reported spending 36% less than those who were employed, $48 per day versus $75 per day.

    Average Daily Spending Among Employed and Underemployed, January 2010

    These results are based on January interviews with more than 20,000 adults in the U.S. workforce, aged 18 and older. Gallup classifies respondents as "employed" if they are employed full time or are employed part time but do not want to work full time. Gallup classifies respondents as "underemployed" if they are employed part time but want to work full time or are unemployed.

    "The underemployed are less likely than the employed to say they are able to make a major purchase, such as a car or home repair, if needed."

    As unemployment rates remain high, reduced spending by millions of underemployed Americans has obvious implications for economic recovery. Spending is, however, just one of many ways underemployment costs the U.S. and hurts its workforce. Gallup's employment measure also reveals further disparities between the employed and the underemployed on vital indicators such as attitudes toward money, access to healthcare, demographics, and wellbeing.

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