Another GOP Talking Point is Debunked...

[RDD_1210]

Consumers drive the economy. If consumers have money to spend, business will figure out how to meet that demand. If consumers don't have money to spend, it doesn't matter how many regulations are, or are not in place, that doesn't put money in peoples pockets to spend.

so what happened to the *stimulus*?

or did obama just funnel more money to his masters on wall st?

What about it?

Did you expect it to fix the economy?

 

[RDD_1210]

Consumers drive the economy. If consumers have money to spend, business will figure out how to meet that demand. If consumers don't have money to spend, it doesn't matter how many regulations are, or are not in place, that doesn't put money in peoples pockets to spend.

I have a question for you RDD.

Does consumer confidence rise, fall, or is it unnaffected by uncertainty?

Sure that will have an affect. But if people have money to spend, they will spend it. If consumers are broke, they can't spend.

 

[PLYMCO_PILGRIM]

Consumers drive the economy. If consumers have money to spend, business will figure out how to meet that demand. If consumers don't have money to spend, it doesn't matter how many regulations are, or are not in place, that doesn't put money in peoples pockets to spend.

I have a question for you RDD.

Does consumer confidence rise, fall, or is it unnaffected by uncertainty?

Sure that will have an affect. But if people have money to spend, they will spend it. If consumers are broke, they can't spend.

The premise of the thread is uncertanty has nothing to do with the bad economy but its all to do with people not buying stuff........at least you realize that uncertanty does affect consumer confidence.

As far as the stimulus it was sold to us by both parties and president obama as the "solution" to our bad economy and job market....it failed.

 

[del]

Consumers drive the economy. If consumers have money to spend, business will figure out how to meet that demand. If consumers don't have money to spend, it doesn't matter how many regulations are, or are not in place, that doesn't put money in peoples pockets to spend.

so what happened to the *stimulus*?

or did obama just funnel more money to his masters on wall st?

What about it?

Did you expect it to fix the economy?

no, but that was how it was presented by the administration. IIRC, it was supposed to prevent unemployment from going above 8%, among other things.

so, what happened?

'splain it to me, lucy

 

[Sallow]

I have a question for you RDD.

Does consumer confidence rise, fall, or is it unnaffected by uncertainty?

Sure that will have an affect. But if people have money to spend, they will spend it. If consumers are broke, they can't spend.

The premise of the thread is uncertanty has nothing to do with the bad economy but its all to do with people not buying stuff........at least you realize that uncertanty does affect consumer confidence.

As far as the stimulus it was sold to us by both parties and president obama as the "solution" to our bad economy and job market....it failed.

Based on what? It was sold as "one" of the solutions to mitigate job loss. And it was a great idea. Lots of infrastructure needed fixing..lots of people unemployed..looks like a good mix. A few things happened however, Governors, like Rick Perry, used their money to plug holes in their budgets. So..no new spending..but alot of people got to keep their jobs. A good number of states did spend on infrastructure. There was a part that "failed". And that was the tax cuts...for business. Instead of hiring..those businesses pocketed the money. And that's basically why tax cuts generally fail when given to upper bracket people. They already have all the disposable cash they need..so they won't increase personal spending. And you don't get rich by investing your wealth into risky ventures.

 

[Sallow]

so what happened to the *stimulus*?

or did obama just funnel more money to his masters on wall st?

What about it?

Did you expect it to fix the economy?

no, but that was how it was presented by the administration. IIRC, it was supposed to prevent unemployment from going above 8%, among other things.

so, what happened?

'splain it to me, lucy

Those paying attention watched an employment collapse after Obama took office. Apparently the situation was worse then Bush presented it.

Was he lyin? Or was he just stupid.

 

[Conservative]

so what happened to the *stimulus*?

or did obama just funnel more money to his masters on wall st?

What about it?

Did you expect it to fix the economy?

no, but that was how it was presented by the administration. IIRC, it was supposed to prevent unemployment from going above 8%, among other things.

so, what happened?

'splain it to me, lucy

But Ricky.. the libs say the 'Stimulus' DID work... wahhhhhhhhh

 

[RDD_1210]

so what happened to the *stimulus*?

or did obama just funnel more money to his masters on wall st?

What about it?

Did you expect it to fix the economy?

no, but that was how it was presented by the administration. IIRC, it was supposed to prevent unemployment from going above 8%, among other things.

so, what happened?

'splain it to me, lucy

LOL, I'm not here arguing that the stimulus worked or defending anything that Obama may or may not have said.

I'm here to say that decreasing regulation and "uncertainty" on business is not going to spur the economy. Consumers need to be the ones driving the economy and not business that is free from regulations.

 

[del]

What about it?

Did you expect it to fix the economy?

no, but that was how it was presented by the administration. IIRC, it was supposed to prevent unemployment from going above 8%, among other things.

so, what happened?

'splain it to me, lucy

Those paying attention watched an employment collapse after Obama took office. Apparently the situation was worse then Bush presented it.

Was he lyin? Or was he just stupid.

i don't think obama is stupid, so i'll leave you to fill in the blank

it's good to know that everything is still bush's fault, though

 

[Dot Com]

HUFFPO.

'nuff said.

Actually the report comes from Moebs. Huffpo just reported on it.

Funny, I wouldn't have pegged you among the intellectually lazy, attacking the source and not the FACTS contained therein.

Willow Tree, yes, but not you...

 

[MarcATL]

HUFFPO.

'nuff said.

What's THAT supposed to mean?

Huffington Post is not a valid news source?

Is that it?

 

[Oldstyle]

HUFFPO.

'nuff said.

What's THAT supposed to mean?

Huffington Post is not a valid news source?

Is that it?

Ah, no...Marc...The Huffington Post is NOT a valid news source and hasn't been for many years. Why someone would claim that it is mystifies me.

 

[C_Clayton_Jones]

Another GOP Talking Point is Debunked...

There are so many it’s hard to keep track. Perhaps if the right were to just stick to the truth for a change…

The reason people aren't hiring is because consumers aren't buying.

Correct.

And because corporations don’t want to jeopardize profits.

 

[MarcATL]

HUFFPO.

'nuff said.

What's THAT supposed to mean?

Huffington Post is not a valid news source?

Is that it?

Ah, no...Marc...The Huffington Post is NOT a valid news source and hasn't been for many years. Why someone would claim that it is mystifies me.

What EVIDENCE that you have to back that up?

Also, please list the valid news sources that you are comparing it to.

Thanks.

 

[auditor0007]

We keep hearing from the GOP, from right wing talking heads and from right wing posters that the reason businesses aren't hiring is because of taxes and regulations.

Nope...

The GOP's 'Uncertainty' Talking Point, Debunked

WASHINGTON -- With the economy in a slump for nearly four years, corporate executives and conservative politicians have repeatedly invoked "uncertainty" as a major barrier to American job-creation. The "uncertainty" jab is a go-to talking point for any congressional Republican looking to tag President Barack Obama as a tax-raising, regulation-obsessed foe of American businesses.

But according to banking data compiled by economic research firm Moebs Services, the uncertainty plaguing the American economy has nothing to do with government regulations or taxes on millionaires. It's an uncertainty driven squarely by consumers and small-businesses who are worried about their short-term financial prospects. And it's been going on since well before Obama took up residence in the White House.

Since the end of 2007, bank customers have pulled over $900 billion out of certificates of deposits at major U.S. banks, parking their money in checking accounts and money market deposit accounts. Banks pay customers interest to park their money in CDs, but pay out next-to-nothing for money market accounts, and still less -- usually nothing -- for checking accounts.

The reason people aren't hiring is because consumers aren't buying.

Anyone with any real intelligence already knows this. I've been saying this for a long time. And one of the biggest reasons that consumers aren't buying as much is because the baby boomers are done buying. They are done raising their kids, and now they are downsizing. They are selling off the big cars for smaller ones, and they are selling off the big homes for nice condos. All the shit they bought for years they no longer need. They have what they need. Considering this is the wealthiest segment of our population, it is easy to understand why things are the way they are.

The key to turning this around is getting young people working, so they can start marrying and having kids. Problem is during an economic downturn, many put off having kids.

 

[PLYMCO_PILGRIM]

HUFFPO.

'nuff said.

What's THAT supposed to mean?

Huffington Post is not a valid news source?

Is that it?

It means that Huffington Post is a heavily biased source of information. This means they do report real news but will have a highly evident bias in their reporting.....sorta like the bias you see in Fox News.

They are biased toward a progressive/socialist agenda.

Do you deny this?