Thread: Perry Leads Republican Field in National Poll

Originally Posted by Catawba

That isn't what i said, go back and re-read post #515

If we were rolling into a recession in 2006 the numbers would show it, so I have seen nothing to support your claim or the article's claim other than wishful thinking on your part

Originally Posted by Gill

Don't you understand ????

It got rolling under Bush's watch in 2006 according to Catawba.................

But, it is no longer rolling after 3 years of Obama because it no longer meets the "official" designation of a recession.

Don't you realize that the economy is so much better now than it was in 2006 ????

Actually I am surprised that they waited so long to blame Bush, thought it actually happened on January 21, 2001

Originally Posted by Conservative

Please cite the economic numbers that show the recession began in 2006, thanks

I believe 2006 was considered the point when the housing bubble burst, as home values began to decline steeply during that year, which is what Catawba said - "it is widely accepted that the housing downturn, which started in 2006”. Catawba never mentioned anything about the recession starting 2006.

It's widely accepted that the official ‘recession’ started Q4 2007, as that is when we first saw GDP contract (from what I can remember), confirming what Gill said.

So everybody wins (except for Conservative).

Also, “from what I can remember” is code for “what I just found on the internet 40 seconds ago”.

Originally Posted by Conservative

From 2003-2007 and you might want to check out the results during that period of time, net job gain, strong economic growth, coincidence? Hmmm

Unless you can come up with some specific legislation supported by those Republicans in Congress during that time that caused that economic growth, then yes, coincidence.

It was also a period of deficit spending and soaring costs of government. Coincidence? Yes, most likely.

Originally Posted by Conservative

If we were rolling into a recession in 2006 the numbers would show it, so I have seen nothing to support your claim or the article's claim other than wishful thinking on your part

"The United States housing bubble is an economic bubble affecting many parts of the United States housing market, including areas of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New York, Ohio, Oregon, Rhode Island, Tennessee, Utah, Virginia and Washington. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and may not yet have hit bottom as of 2011."
United States housing bubble - Wikipedia, the free encyclopedia

Originally Posted by Dittohead not!

Unless you can come up with some specific legislation supported by those Republicans in Congress during that time that caused that economic growth, then yes, coincidence.

It was also a period of deficit spending and soaring costs of government. Coincidence? Yes, most likely.

Very simple, the Bush tax cuts led to the economic growth because it put more money into the hands of the people allowing them to do what they wanted with the cash. People with more spenable income make economic growth a lot easier.

Originally Posted by Conservative

Very simple, the Bush tax cuts led to the economic growth because it put more money into the hands of the people allowing them to do what they wanted with the cash. People with more spenable income make economic growth a lot easier.

Since the "Bush tax cuts" were extended, why didn't the good times continue to roll?

Since the "stimulus" was in large part tax relief, why aren't we seeing bull markets and full employment now?

Do tax cuts only do magic when there are Republicans in power?

Originally Posted by Dittohead not!

Since the "Bush tax cuts" were extended, why didn't the good times continue to roll?

Since the "stimulus" was in large part tax relief, why aren't we seeing bull markets and full employment now?

Do tax cuts only do magic when there are Republicans in power?

Tax cuts always work and are working today or are you sending yours back out of each paycheck? Seems that allowing you to keep more of what you earn is a problem. Let's send more to the politicians who create debt and dependence.

Originally Posted by Dittohead not!

Since the "Bush tax cuts" were extended, why didn't the good times continue to roll?

Since the "stimulus" was in large part tax relief, why aren't we seeing bull markets and full employment now?

Do tax cuts only do magic when there are Republicans in power?

No, they only do magic when the business world thinks someone is running the government that knows what they are doing, Republican or Democrat.

Originally Posted by Conservative

Tax cuts always work and are working today or are you sending yours back out of each paycheck? Seems that allowing you to keep more of what you earn is a problem. Let's send more to the politicians who create debt and dependence.

If they are working so well, why are we still in a recession?

Or, do you think that the recession is over?