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Thread: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by cpwill View Post
    here you go that might help.
    and i have to say, every time i see that chart, i laugh at how some people forget the reagan years.....and expect obama to fix all the problems bush left in one fell swoop.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by liblady View Post
    and i have to say, every time i see that chart, i laugh at how some people forget the reagan years.....and expect obama to fix all the problems bush left in one fell swoop.
    He's the messiah.

    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 Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by liblady View Post
    and i have to say, every time i see that chart, i laugh at how some people forget the reagan years.....and expect obama to fix all the problems bush left in one fell swoop.
    Have you found that documented 600 billion dollar increase in the debt that will occur because of the tax cuts for the wealthy?

    I wonder what people like you think the role of Congress is in the political process including legislative and govt. spending? You claim that Bush left Obama a mess but haven't explained what the Democrat controlled Congress of which Obama was part of did during that mess Bush created? I would love to know how someone could inherit something they helped create?

    I anxiously await proof that the extension of the Bush tax cuts for the rich will cause a 600 billion dollar deficit? If you truly have any interest in verifying the rhetoric, why don't you go to the following site and get the actual revenue and then explain to us all how tax revenue went up AFTER the tax cuts when as liberals claim it should have gone down.

    Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    If government spending is cut in half by next year, what does that do to the unemployment rate?
    interesting question: what happened when the Harding administration pursued such a course?

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by liblady View Post
    and i have to say, every time i see that chart, i laugh at how some people forget the reagan years.....and expect obama to fix all the problems bush left in one fell swoop.
    see, that's funny because I see that chart and note your hyperbole about the Bush years is rather.... ludicrous.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by cpwill View Post
    interesting question: what happened when the Harding administration pursued such a course?
    Not the same scenario. Government spending as a % of GDP was nowhere near the levels it was prior to 1940. To use a scenario that applies only to an industrial economy emerging from a major world war (pent up consumer demand) and try to apply it to a post-industrial economy is..... full of ****.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Goldenboy219 View Post
    Not the same scenario. Government spending as a % of GDP was nowhere near the levels it was prior to 1940. To use a scenario that applies only to an industrial economy emerging from a major world war (pent up consumer demand) and try to apply it to a post-industrial economy is..... full of ****.
    Why is it that you focus on the dollars spent vs how those dollars were spent? Krugman and you seem to believe that not enough money was spent but other economists and I believe it was how the dollars were spent that didn't have the desired effect. If Obama had taken the entire 862 billion dollars and threw it into the private sector we would have gotten the desired results but that was never his intent. His intent was to bail out his continuent groups and redistribute wealth and transfering taxpayments from those who pay taxes to those who don't.

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Conservative View Post
    Why is it that you focus on the dollars spent vs how those dollars were spent? Krugman and you seem to believe that not enough money was spent but other economists and I believe it was how the dollars were spent that didn't have the desired effect. If Obama had taken the entire 862 billion dollars and threw it into the private sector we would have gotten the desired results but that was never his intent. His intent was to bail out his continuent groups and redistribute wealth and transfering taxpayments from those who pay taxes to those who don't.
    Do tell: When the highway administration conducts formalized bidding to contract a new project, what are the names of the government owned construction companies that submit the bids?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Goldenboy219 View Post
    Do tell: When the highway administration conducts formalized bidding to contract a new project, what are the names of the government owned construction companies that submit the bids?
    How much of that stimulus money went to highway departments for "shovel" ready jobs? You are dodging the question again. Why do you and others always focus on spending dollars instead of focusing on where those dollars went? If you don't have proper spending to grow the economy you aren't going to get the desired results so the logical statement from many is we didn't spend enough. How do you know?

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    Re: Obama Heralds 1.1M Private Sector Jobs Created Since Jan.

    Quote Originally Posted by Conservative View Post
    How much of that stimulus money went to highway departments for "shovel" ready jobs? You are dodging the question again. Why do you and others always focus on spending dollars instead of focusing on where those dollars went? If you don't have proper spending to grow the economy you aren't going to get the desired results so the logical statement from many is we didn't spend enough. How do you know?
    No more than $80 billion was appropriated to infrastructure projects. Much of the total spending came in the form of tax cuts and state/local budgetary shortfalls. The reason we could not get $800 billion in infrastructure spending is because the so called conservatives would have done everything in their power to stall the process. So instead of getting an excess of $1.25 trillion, where $800 billion could be appropriated towards infrastructure, we got $800 billion with more than half of the funds appropriated towards tax cuts and state budget support.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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