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Census finds record gap between rich and poor

ender1 said:
Maybe thats because President Bush messed things up so bad we have to dig our way out.
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the obamunists' solution was to dig the hole even deeper
 
ender1 said:
But you realize that was due to the economic crisis created under President Bush right.
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Do you realize you don't have a clue as to what the numbers posted show? Let me help you

GDP grew 4.5 trillion dollars in 8 years. No other President in history increased GDP over 4 trillion dollars in 8 years let alone 4.5 trillion. That is hardly driving the economy off the cliff.

GDP was 9.9 trillion when Bush took office.
 
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Troubadour said:
How about starting your own country, so you can let a handful of unelected oligarchs boss around its people, use its resources and institutions as they please, and only pay in taxes what they feel like giving back? America is a country, first and foremost, and its economy exists to serve its people - not the other way around.
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This makes the turtle's lists of most inane comments of the week
 
Conservative said:
Do you realize you don't have a clue as to what the numbers posted show? Let me help you

GDP grew 4.5 trillion dollars in 8 years. No other President in history increased GDP over 4 trillion dollars in 8 years let alone 4.5 trillion. That is hardly driving the economy off the cliff.
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the stage was constructed for this under the New Deal and really built up during the Great Society. But for the ND, we wouldn't have the mess we have today
 
Conservative said:
LOL, The only data that matters right now is 16 million unemployed Americans, a recession that ended June 2009 and higher unemployment each month this year vs. last year, 4 million fewer employed people now vs. when Obama took office,, and 1.6% GDP growth.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934
2005 7784 7980 7737 7672 7651 7524 7406 7345 7553 7453 7566 7279
2006 7059 7185 7075 7122 6977 6998 7154 7097 6853 6728 6883 6784
2007 7085 6898 6725 6845 6765 6966 7113 7096 7200 7273 7284 7696
2008 7628 7435 7793 7631 8397 8560 8895 9509 9569 10172 10617 11400
2009 11919 12714 13310 13816 14518 14721 14534 14993 15159 15612 15340 15267
2010 14837 14871 15005 15260 14973 14623 14599 14860 14767

Discouraged workers
2008 467 396 401 412 400 420 461 381 467 484 608 642
2009 734 731 685 740 792 793 796 758 706 808 861 929
2010 1065 1204 994 1197 1083 1207 1185 1110 1209

Unemployed + Discouraged
2008 8095 7831 8194 8043 8797 8980 9356 9890 10036 10656 11225 12042
2009 12653 13445 13995 14556 15310 15514 15330 15751 15865 16420 16201 16196
2010 15902 16075 15999 16457 16056 15830 15784 15970 15976 0 0 0

60 Minutes: Unemployment is really bad | The Right Scoop
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It looks like trending data to me. Each chart has trending toward bad things back to 2008. Are you trying to show that President Obama was handed a faltering economy and is having difficulty correcting it?
 
Conservative said:
Do you realize you don't have a clue as to what the numbers posted show? Let me help you.
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Can you make a point without trying to insult people. Its rude.

Conservative said:
GDP grew 4.5 trillion dollars in 8 years. No other President in history increased GDP over 4 trillion dollars in 8 years let alone 4.5 trillion. That is hardly driving the economy off the cliff.
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But it also set up the worst economic crisis since the Great Depression.

Conservative said:
GDP was 9.9 trillion when Bush took office.
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He also had a surplus. ** His words not mine
 
TurtleDude said:
the stage was constructed for this under the New Deal and really built up during the Great Society. But for the ND, we wouldn't have the mess we have today
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Couldn't agree more. The problem with liberals is none seem capable of doing any research and simply buy rhetoric and then regurgitate it hoping that no one calls them on it. they have been spreading their lies for so long now that it comes as common nature to them. It is time that actual facts are posted to dispel those lies and liberals don't like it.
 
ender1 said:
Can you make a point without trying to insult people. Its rude.


But it also set up the worst economic crisis since the Great Depression.



He also had a surplus. ** His words not mine
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You don't have a clue what a real crisis is, Reagan inherited a crisis high inflation, high interest rates, zero interest rates and 7.6% unemployment isn't a crisis.

The real crisis began on January 21, 2009 with Obama's leftwing agenda that has made things worse. It is indeed a crisis now as the unemployment rate is closer to 17% thanks to the leftwing agenda. Interesting that millions of Americans are fleeing Obama yet you, a proclaimed libertarian, defends him.

You continue to buy the rhetoric of someone who has yet to tell the truth on any issue. That doesn't help your credibility.
 
Conservative said:
Couldn't agree more. The problem with liberals is none seem capable of doing any research and simply buy rhetoric and then regurgitate it hoping that no one calls them on it. they have been spreading their lies for so long now that it comes as common nature to them. It is time that actual facts are posted to dispel those lies and liberals don't like it.
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the welfare socialists don't understand that it was FDR that destroyed the restrictions and boundaries on the federal government by passing crap (affirmed by his lapdog judges) that allowed the Commerce Clause to give congress all sorts of powers that were never intended to be given the federal government.
 
ender1 said:
It looks like trending data to me. Each chart has trending toward bad things back to 2008. Are you trying to show that President Obama was handed a faltering economy and is having difficulty correcting it?
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Yep, Democrats took control and unemployment started climbing. Could it be that Democrats were more interested in regaining the WH than keeping the country out of recession. How is that trend looking for you today, higher unemployment each month of 2010 vs. 2009. That is after a recession ended.

You asked for data, I gave you data so is this the best you can do? Interesting how you focus on the trend in 2008 but ignore the trend now after 862 billion stimulus was spent and the recession ended in June 2009.
 
ender1 said:
Can you make a point without trying to insult people. Its rude.


But it also set up the worst economic crisis since the Great Depression.



He also had a surplus. ** His words not mine
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Do you know what GDP stands for? It has nothing to do with deficit or surplus. It was a PROJECTED surplus not an actual surplus and then there was 9/11 and the recession that began in 2001 in March.

The one thing we don't have to worry about however is Obama ever having a surplus. he is bad for economic growth, great on spending thus deficits. Wonder how many Libertarians support trillion dollar deficits of Obama?
 
Conservative said:
You don't have a clue what a real crisis is, Reagan inherited a crisis high inflation, high interest rates, zero interest rates and 7.6% unemployment isn't a crisis.

The real crisis began on January 21, 2009 with Obama's leftwing agenda that has made things worse. It is indeed a crisis now as the unemployment rate is closer to 17% thanks to the leftwing agenda. Interesting that millions of Americans are fleeing Obama yet you, a proclaimed libertarian, defends him.

You continue to buy the rhetoric of someone who has yet to tell the truth on any issue. That doesn't help your credibility.
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Your changing your point again. When did we start talking about President Reagan.

Nobody will agree that the crisis began on January 21st 2009. Not even republican candidates in 2008.

I think for my self thank you. Please stop trying to insult me. Yo mama is soooo....
 
ender1 said:
Your changing your point again. When did we start talking about President Reagan.

Nobody will agree that the crisis began on January 21st 2009. Not even republican candidates in 2008.

I think for my self thank you. Please stop trying to insult me. Yo mama is soooo....
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You claimed that this was the worst crisis since the Great Depression and that is quite an exaggeration which is the point I made bringing Reagan into it. The crisis he inherited was much, much worse and he solved it whereas Obama made it worse.
 
bagdad_bob_large.gif


Anyone on this thread remind you of Baghdad Bob?
 
donc said:
bagdad_bob_large.gif


Anyone on this thread remind you of Baghdad Bob?
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collectivists-be they ba'athist socialists, welfare socialists, democrat-socialists, or psychobabbling pillowheaded utopianists all pretty much look alike
 
Conservative said:
Do you realize you don't have a clue as to what the numbers posted show? Let me help you

GDP grew 4.5 trillion dollars in 8 years. No other President in history increased GDP over 4 trillion dollars in 8 years let alone 4.5 trillion. That is hardly driving the economy off the cliff.

GDP was 9.9 trillion when Bush took office.
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Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

Real GDP: Year over Year Change | The Big Picture

But you can find the read data here:

U.S. Department of Commerce. Bureau of Economic Analysis
 
zip98053 said:
Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

Real GDP: Year over Year Change | The Big Picture

But you can find the read data here:

U.S. Department of Commerce. Bureau of Economic Analysis
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At least we have someone who knows how to go to the bea.gov, congratulations. Regardless tell me how growing GDP 4.5 trillion dollars in 8 years with a recession in 2001, 911, and a recession in 2008 is driving the car over the cliff? We didn't go from up 100% but we did go up 4.5 TRILLION DOLLARS and that is reality and that is pretty damn good, hardly the disaster you portrayed. Liberals love percentage change when it suits their agenda. You don't spend percentages you spend real dollars and 4.5 trillion dollars added a lot of revenue to the Treasury.
 
zip98053 said:
Absloute numbers are not important. It is the relative values that matter (going from $1 to $2 is a big deal but going from $100 to $101, not so much (but I suspect that you know this and are just hoping to obfuscate). Bush's GDP performance was, on a relative basis, very bad. Then there was that little "blip" at the end. Are we forgetting that?

Real GDP: Year over Year Change | The Big Picture

But you can find the read data here:

U.S. Department of Commerce. Bureau of Economic Analysis
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I would also add that every penny of deficit should count against GDP because it's borrowed money :p
 
Conservative said:
You claimed that this was the worst crisis since the Great Depression and that is quite an exaggeration which is the point I made bringing Reagan into it. The crisis he inherited was much, much worse and he solved it whereas Obama made it worse.
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Hum, the year before Regan took office, the GDP went down by 0.3%. In his first year in office ('81), it went up 2.5%. Then in his second year, it went down again by a painful 1.9%. In Obama's first year ('09), the GDP was down by 2.6% but now it is up. So, the actual numbers say that Regan did make it worse and Obama is making it better and the situation that Obama inherited was much worse than what Carter left Regan.

It's just awful that the Intenet makes it so easy to check the facts. Makes making an arbitrary claim so much harder.
 
Deuce said:
I would also add that every penny of deficit should count against GDP because it's borrowed money :p
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If you want to go make that comparison, there are charts that show the deficit as a percentage of GDP.
 
zip98053 said:
Hum, the year before Regan took office, the GDP went down by 0.3%. In his first year in office ('81), it went up 2.5%. Then in his second year, it went down again by a painful 1.9%. In Obama's first year ('09), the GDP was down by 2.6% but now it is up. So, the actual numbers say that Regan did make it worse and Obama is making it better and the situation that Obama inherited was much worse than what Carter left Regan.

It's just awful that the Intenet makes it so easy to check the facts. Makes making an arbitrary claim so much harder.
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Amazing, where you even around during the 80's. Ever pay 17% for a mortgage? Ever hear of something called the misery index? Reagan economic policy didn't go into effect until after his tax cuts passed in August 1981 so 1982. GDP doubled during the Reagan term which you can find at bea.gov. The Reagan economy created 18 million jobs, doubled govt. revenue, and doubled GDP

Not sure how you can call a 4 million increase in unemployment 3 trillion added to the debt, 1.6% GDP growth, massive expansion of govt. an improvement but to some I guess that is what ideologues think.

By the way it is Reagan NOT Regan.
 
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ender1 said:
Your changing your point again. When did we start talking about President Reagan.

Nobody will agree that the crisis began on January 21st 2009. Not even republican candidates in 2008.

I think for my self thank you. Please stop trying to insult me. Yo mama is soooo....
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It began on January 21st 2007.
 
Quote conservative

The Reagan economy created 18 million jobs, doubled govt. revenue, and doubled GDP
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He did that in less than two years? :shock:
 
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