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The two biggest lies

code1211 said:
I'm sorry. I thought the point of this was whether or not the policies of the Enlightened One had increased the price of gas. Those policies have. He has another success to chalk up for his sheeple.
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How have the "policies of the Enlightened One" increased gas prices?


Here's one article from the Koch-funded Cato Institute
It's Not Obama's Fault That Crude Oil Prices Have Increased

Is President Obama responsible for the spiraling price of gasoline? Republicans say yes, but the facts say no.
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When oil prices rise, it must be Obama's fault but when oil prices fall - that's just the market working the way it's supposed to... I hope some people realise just how silly the argument is - that the President has much if any control over how the market prices oil
 
Somerville said:
How have the "policies of the Enlightened One" increased gas prices?


Here's one article from the Koch-funded Cato Institute



When oil prices rise, it must be Obama's fault but when oil prices fall - that's just the market working the way it's supposed to... I hope some people realise just how silly the argument is - that the President has much if any control over how the market prices oil
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Obama is actively and energetically working to curtail the supply and use of fossil fuels. Reduce supply and demand increases evidenced by the price.

While he seems to deny this connection, whenever the price becomes a political liability, he threatens to dip into the strategic oil reserve to increase supply.

His response in that situation reveals that he knows the truth so his actions day to day reveal that he is driven by the agenda of his sponsors.
 
code1211 said:
There are two important numbers to remember: 16 and 47.

We are 16 trillion dollars in debts and there are 47 million people on food stamps.

How do you translate that into a success story?
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Um... not sure where you get the number 16 trillion. The debt is under 15 trillion as of now, you guys need to either learn to round or not use estimates for the future as if it were present fact. 2/3 of the Debt is private btw. We only pay 1% interest on that debt. If you know anything about global economics you'd know US GDP is 15 trillion as well meaning our nation's total debt, government and private sector is only one year. That's like a middle class family making 100k salary oweing 100k.

They intentionally use these big numbers to scare you because for an average person YA!!! 15 trillion (rounding up) is a lot.

15trillion/300million = 50,000 and that's before tax, and you're only paying a little over 1% interest. Keep in mind due to our terrible distribution of wealth the mean is a lot higher than the median. If you're a student or have a blue collar job I know that figure seems rather high, but keep in mind there's a lot of rich people in this country as well. Now how much do you owe on your mortgage? and that's after tax. Bottom line no matter how you really cut it it's 1 year worth of debt to other nations. Should probably pay it down a bit, but nothing to panic about. Keeping our Country on the track of recovery trumps some reasonable debt at very low interest rates.

Food stamp % is going up because people who suffered from the economic crash tends to first use up savings first before they start using food stamps out of pride, so not every one signs on the second they lose they're jobs so there's a long "lag" effect, once they sign on they tend to not sign off from all the benefits until they're forced to. Even after they find a job they might still be eligible, and likely were eligible with their previous jobs before the recession and were just not signed on to the program. More importantly it's because the internet made it so much easier to apply rather than people dragging their feet because of the hassles.

Think of it more as a reverse tax cut for those who are underpaid and abused. Now every one educated know's what the 50%tile is like - not that rich, not that bright. Well we'r talking the bottom 15%, the least we can do to help is send them food for how corporate executives take advantage of them. ...That or we can just try to kill em all like Hitler, I mean Romney, and save them the agony of starving to death. Oh and good luck finding people to clean toilets once the bottom 15% is dead (no offense to any one that cleans toilets, in my mind you have as much right to live as Romney if not more so).
 
code1211 said:
With regard to the stock market, the USA, while not doing great, is a safer bet than most of the rest of the world. We are getting cash from around the globe. Also, businesses that are not expanding looking for any place to put cash that gets any return at all. The stock market is the result of many things, not just a measure of the county's economic health.

The unemployment rate dropped because of the demented method of figuring the ratio. Since 368,000 became inconsolably hopeless and simply dropped out of the job market, the rate dropped even though the number of employed americans also dropped. The economy in regular, normal times adds about a quarter million jobs every month and this is a break even number. in August, that number was 96,000.

The average gain of jobs January-July is 583,00 according to the BLS and that is an average of 72,875 per month. Pathetic.

We are hurting and the guy at the wheel is allowing the engine to idle while the car we sit in sits motionless in the garage.

August jobs report: hiring down, unemployment falls - Sep. 7, 2012

Employment Situation Archived News Releases
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If I really wanted to be partisan I can blame the current slowdown to the "tea party" in the house blocking stimulus spending and now a year to two later the effects of the policies are now showing.

I'm willing to compromise and say the over all trend is upwards under Obama and there's now a natural, small, slowing in the economic cycle.
 
As a child, I was taught that the two biggest lies were:

The check is in your mouth
and
I won't come in the mail

I live and learn...
 
shiang said:
"We have less jobs than we did four years ago"

"Our economy is worse than it was four years ago"

It's simply not true and makes me sick to my stomach to see it over and over again.

Reason why they do this? If you tell a lie enough times eventually some people will believe you.

...of course they probably mean jobs by "bonus of CEO's who crash companies" that's mitt Romney job and I hope he's out of work soon.
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My favorite kind of post, right here. No links, no references, no way in hell.
 
shiang said:
Um... not sure where you get the number 16 trillion. The debt is under 15 trillion as of now, you guys need to either learn to round or not use estimates for the future as if it were present fact. 2/3 of the Debt is private btw. We only pay 1% interest on that debt. If you know anything about global economics you'd know US GDP is 15 trillion as well meaning our nation's total debt, government and private sector is only one year. That's like a middle class family making 100k salary oweing 100k.

They intentionally use these big numbers to scare you because for an average person YA!!! 15 trillion (rounding up) is a lot.

15trillion/300million = 50,000 and that's before tax, and you're only paying a little over 1% interest. Keep in mind due to our terrible distribution of wealth the mean is a lot higher than the median. If you're a student or have a blue collar job I know that figure seems rather high, but keep in mind there's a lot of rich people in this country as well. Now how much do you owe on your mortgage? and that's after tax. Bottom line no matter how you really cut it it's 1 year worth of debt to other nations. Should probably pay it down a bit, but nothing to panic about. Keeping our Country on the track of recovery trumps some reasonable debt at very low interest rates.

Food stamp % is going up because people who suffered from the economic crash tends to first use up savings first before they start using food stamps out of pride, so not every one signs on the second they lose they're jobs so there's a long "lag" effect, once they sign on they tend to not sign off from all the benefits until they're forced to. Even after they find a job they might still be eligible, and likely were eligible with their previous jobs before the recession and were just not signed on to the program. More importantly it's because the internet made it so much easier to apply rather than people dragging their feet because of the hassles.

Think of it more as a reverse tax cut for those who are underpaid and abused. Now every one educated know's what the 50%tile is like - not that rich, not that bright. Well we'r talking the bottom 15%, the least we can do to help is send them food for how corporate executives take advantage of them. ...That or we can just try to kill em all like Hitler, I mean Romney, and save them the agony of starving to death. Oh and good luck finding people to clean toilets once the bottom 15% is dead (no offense to any one that cleans toilets, in my mind you have as much right to live as Romney if not more so).
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You are factually incorrect. No that it matters. You seem to think that 15 trillion is a manageable number.

The whole point with the food stamp number is exactly what you cite. Where has the smartest man on the planet been and what has he been doing rather than soving this problem and making things right for the American people. He is literally spending trillions on ideas and plans that don't work. After this he goes whistling past the graveyard on his way to the next round of golf.

National Debt Clock
 
shiang said:
If I really wanted to be partisan I can blame the current slowdown to the "tea party" in the house blocking stimulus spending and now a year to two later the effects of the policies are now showing.

I'm willing to compromise and say the over all trend is upwards under Obama and there's now a natural, small, slowing in the economic cycle.
Click to expand...



The problem is that the downturn was so abrupt and steep tha tthe upturn needed to mirror that as it usually would do.

I think that the Obama administration, disconnected from any rational understanding of the economy, assumed that natural cycles and the workings of the economy would bring things back to normal and whatever they did would be interpreted as the needed cure.

What they did was steal the money to fund the Failed Stimulus and use it act as a pay back, ay off and bribe fund to infuse money into the various government public unions. They used the TARP to fund the UAW pension fund. This is corruption and bribery purely and simple.

Following the raid of the Treasury, they have assaulted the private sector and terrified those who they claim to want to save the economy through investment.

The tragedy is that all this gang that can't shoot straight needs to do is get the Hell out of the way and let the private sector function in the same way they have to grow the economy and create wealth.

If no wealth is created, none can be redistributed.
 
Under normal recessions yes the recovery tends to be faster in a sharper drop.

However that is not the case in depressions, and this recessions falls somewhere in between.
 
shiang said:
Under normal recessions yes the recovery tends to be faster in a sharper drop.

However that is not the case in depressions, and this recessions falls somewhere in between.
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Kind of makes you wonder why, doesn't it?
 
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