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California now leads the nation in job creation, projected $1 billion surplus

Uhhh, you do realize that Reagan's inept policies resulted in the Bush 1 recession, which Clinton solved by raising taxes on the top bracket.

Reagan also left the Iraqi mess, having armed Saddam (amazing how many criminals Reagan armed), and Clinton fixed that with sanctions and air strikes. Then Bush II arived and spent $3T to kill Reagan's creation and let Iran take over the region, another country Reagan armed! And of course 9-11 was in the wings, fueled by jihadist in Afghanistan, amazingly also armed by Reagan.

Ever heard of fast and furious?
 
With Clinton it "was the economy, stupid" Don't you remember the campaign? Bush 1 burned up all of Reagans "stimulus spending" and we went into recession. Just like every Republican President before and after. Republicans and recessions are like 2 peas in a pod.

The economy was the healthiest after Reagans administration than it had been for years! Unemployment went from 7% to 4%. Inflation went from 10% to 4%. During Reagan's administration, the economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988. Is that a recession??

According to a 1996 study by William A. Niskanen and Stephen Moore:[33] On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years. Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years. Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency. The only economic variable that was worse in the Reagan period than in both the pre- and post-Reagan years was the savings rate, which fell rapidly in the 1980s. The productivity rate was higher in the pre-Reagan years but lower in the post-Reagan years

Reaganomics - Wikipedia, the free encyclopedia
 
The economy was the healthiest after Reagans administration than it had been for years! Unemployment went from 7% to 4%. Inflation went from 10% to 4%. During Reagan's administration, the economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988. Is that a recession??

According to a 1996 study by William A. Niskanen and Stephen Moore:[33] On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years. Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years. Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency. The only economic variable that was worse in the Reagan period than in both the pre- and post-Reagan years was the savings rate, which fell rapidly in the 1980s. The productivity rate was higher in the pre-Reagan years but lower in the post-Reagan years

Reaganomics - Wikipedia, the free encyclopedia

Reagans "magic" consisted of interest rate cuts and stimulus spending that increased the deficit by record amounts. It worked for a while but look where it led.
 
Hmmm…


Yeah. If I lived in the middle of west bum**** nowhere, I'd probably feel the need to denigrate successful people who live in interesting places as well. Jealousy is an ugly thing.
 
Reagans "magic" consisted of interest rate cuts and stimulus spending that increased the deficit by record amounts. It worked for a while but look where it led.

So your speaking up AGAINST stimulus spending?? Didnt you just re-elect the master of stimulus spending?
 
After 8 years of a failed GOP governor, looks like things are finally starting to turn around in the Golden State under Governor Jerry Brown's leadership. :peace

Hoover creates a mess, FDR has to clean up.

Reagan/Bush Senior create a mess, Clinton has to clean up.

Dumbya Bush Jr. creates a mess, Obama has to clean up.

Arnold creates a mess, Jerry Brown has to clean up.

Anyone else see a pattern here?


California predicts $1bn budget surplus - FT.com

California unemployment rate dips to 10.1 percent - Oroville Mercury Register

Alright, then explain this: Why is it that Texas (a state that hasn't had a Democrat as Gov in ages) accounting for 1/2 of all private sector US jobs created in the last decade? Why is it that Texas' unemployment rate was lower than any state run by a Democrat? Why is it that red states account for nearly all of the job creation over the past decade? Simple answer, because bigger government = fewer jobs. Just like what we've seen with Obama. If you take away the deficit spending, the economy has not grown. But I'm sure you just want to ignore that little fact.
 
So your speaking up AGAINST stimulus spending?? Didnt you just re-elect the master of stimulus spending?

Obama's job bills have been sitting in the House for over a year. Reagan had no trouble spending his way out of his much less serious recession mostly caused by OPEC.
It was the rise in oil prices that caused the stagflation in the Carter years.
 
So your speaking up AGAINST stimulus spending?? Didnt you just re-elect the master of stimulus spending?

Point is, the economy grew under Reagan because of stimulus, and you oppose stimulus.

Now, most of his stimulus went to the military, which is a poor way to create jobs, as all studies show, but you're stuck praising Reagan for what Obama has done better.
 
Uhhh, you do realize that Reagan's inept policies resulted in the Bush 1 recession, which Clinton solved by raising taxes on the top bracket.

Reagan also left the Iraqi mess, having armed Saddam (amazing how many criminals Reagan armed), and Clinton fixed that with sanctions and air strikes. Then Bush II arived and spent $3T to kill Reagan's creation and let Iran take over the region, another country Reagan armed! And of course 9-11 was in the wings, fueled by jihadist in Afghanistan, amazingly also armed by Reagan.

Wow, Clinton had some serious ju ju if he solved the bush sr recession. I mean clinton took office in 1993 the bush recession ended in Mar 1991. SERIOUS JU JU.

As far as the bush sr recession goes you may want to look into the savings & loan crisis. A financial meltdown causing a recession who would believe it?
 
Point is, the economy grew under Reagan because of stimulus, and you oppose stimulus.

Now, most of his stimulus went to the military, which is a poor way to create jobs, as all studies show, but you're stuck praising Reagan for what Obama has done better.

Your bashing Reagan for something he did that worked and praising Obama for something he is doing on a much larger scale that so far, hasnt worked....
 
I guess that answers why you dont know much about current events.

Are you refering to Bush's disastrous Wide Reciever gun walking scandal that GOP senators supported even thought it lead to the direct deaths of several ATF agents and dozens of Mexican civilians?
 
Your bashing Reagan for something he did that worked and praising Obama for something he is doing on a much larger scale that so far, hasnt worked....

More tea party talking points.

Stimulus works. It works better if you invest in infrastructure, not in the dead weight of miliary spending. Every economic analysis reaches that conclusion.

But at least you've admitting that Reagan was right to pursue stimilus, which means your objections to Obama's stimulus are bad faith ugly tea party memes, not to be taken seriously.
 
Good for california. if true a $1billion surplus.
Now with a debt the grand State has, it is going to take how many years to pay off $167-$335B? Seems any surplus for the next 167+ years is already spoken for. Bet the State Legislators put pressure to spend the dollars rather than pay down the debt.

IMO, the State has a long way to go to being healthy. Wonder how much higher taxes are going to go up?

"The task force estimated that the burden of debt totaled at least $167 billion and as much as $335 billion
http://www.nytimes.com/2012/09/21/us/california-debt-higher-than-earlier-estimates.html
 
Are you refering to Bush's disastrous Wide Reciever gun walking scandal that GOP senators supported even thought it lead to the direct deaths of several ATF agents and dozens of Mexican civilians?

Im talking about yet another example of Obama abusing Presidential powers by invoking executive privilege on Eric Holders behalf, thereby thwarting any attempt by congress to investigate the whole ordeal, that both Holder and Obama deny having any any previous knowledge of. Executive privilege was designed as a safeguard against congressional overreach, to protect the President, or someone working under his direct orders. If neither President Obama, nor Eric Holder knew anything about this operation, and both have committed to getting to the bottom of it, why did he invoke executive privilege??
 
More tea party talking points.

Stimulus works. It works better if you invest in infrastructure, not in the dead weight of miliary spending. Every economic analysis reaches that conclusion.

But at least you've admitting that Reagan was right to pursue stimilus, which means your objections to Obama's stimulus are bad faith ugly tea party memes, not to be taken seriously.

Haha again im not affiliated with the tea party. Its funny that you say what Obama is doing works better than what Reagan did, yet what Reagan did actually worked better than what Obama is doing... Even after inflation, Obama has thrown more money into his stimulus than Reagan did, and has yet to achieve anywhere near the results, so dont put words in my mouth and try to convince everyone that his form of stimulus works better.
 
Hype and nonsense from both sides.
Budget surplus of a billion dollars? I couldn't get the original article from the OP without "signing up", so where that figure came from, I'm not sure. The voters of this state passed a massive tax increase during the last election, much to my surprise and without my help. As a result, this is the rosy financial picture for Sacramento:
SACRAMENTO (CBS/AP) — The nonpartisan legislative analyst says California is facing a much smaller deficit of $1.9 billion through the end of the next fiscal year and could even see surpluses over the next few years.

"smaller deficit" is not the same as "billion dollar surplus", and "could see surpluses" is dependent on the unlikely event that the legislature will actually curb spending.

Then there is that massive exodus mentioned above:

About 100,000 more people moved away from California in 2011 than relocated to the Golden State, according to the latest report from the U.S. Census Bureau.

A hundred thousand out of 35 million, more or less, is about 0.3%.

The state is neither going to be solvent nor vacant any time soon.
 
Jobs for US Citizens? Or cheap foreigners?

Funnny how many US Citizens are leaving and how many foreigners are moving in...........

100,000 leave and "269,772 have moved to the state from other countries," replace them.......time to start jailing TRAITORS.

California exodus as thousands quit state for Texas, Ariz., elsewhere - U.S. News

The good news is that American companies need no longer move overseas for sweat shops and cheap foreign labor, they can just move to California.
 
Oh. You mean the invaders who took the tribal lands away. Understood.

they lost. too bad.

So did mexico in ~1845 - t o bad.

Britian also lost ~1778 to bad.

your ******ing indians
sell illegal products
dont have to buy fishing licence
get millions in helathcare provided by us
get free homes
pay no taxes on anything - gas cigs, income

SCREW the INDIANS

I say require passports for them to enter USA, 5 days max year, and seal off all triabal lands.
 
After 8 years of a failed GOP governor, looks like things are finally starting to turn around in the Golden State under Governor Jerry Brown's leadership. :peace

Hoover creates a mess, FDR has to clean up.

Reagan/Bush Senior create a mess, Clinton has to clean up.

Dumbya Bush Jr. creates a mess, Obama has to clean up.

Arnold creates a mess, Jerry Brown has to clean up.

Anyone else see a pattern here?


California predicts $1bn budget surplus - FT.com

California unemployment rate dips to 10.1 percent - Oroville Mercury Register



So what the OP is claiming is that he proved that Obama is a failure because Jerry Brown did what Obama could have - but didn't.
 
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