Are You Better Off Now Than Four Years Ago?

[Modbert]

Looks like those who believed Wall Street, heh?

He'll just keep ignoring all those massive fines that are being levied against Wall Street for intentionally defrauding their investors while betting against the junk they were pushing on them.

 

[007]

You have a link to the union pay off, a.k.a. stimulus, being 40% "new" tax cuts?

PolitiFact | Tax cut for 95 percent? The stimulus made it so

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Also, it was my mistake, the Stimulus was about 33% tax cuts.

American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia

"The Tax Policy Center?" "Wikipedia?" Really bert... are the only websites purporting this that you can find liberal propaganda sites?

Let's see it in black and white right from the bill.

 

[FactFinder]

The simplest answer one can give to someone who's playing such a silly game...

... "everything obama has done is the cause of the poor economy, growing government and our horrendous national debt/deficit."

But this is what the question is that should have been asked, what you should be asking yourself... "what has obama done to IMPROVE anything?"

Kind of hard to answer that one aye bert? Especially when the only news of the day about our economy or jobs just keeps getting worse.

I'll conceed that Obama has done little to improve anything, but I will also put forth that I doubt any pol could have done much to improve anything. We are in an austerity period without it being proclaimed. We are recovering from the housing bubble brought to us by the late and not so great so called wizards of Wall Street. The masterminds of transferring wealth to China for their own little greedy ill gotten gains. Which by the way is starting to back fire on them as we speak or type or whatever you want to call this.

I actually agree with everything you just said, but what obama and the dems have done on top of what you just said made a bad situation ten times worse. Now instead of just recovering from the housing bubble burst and China playing it's money manipulating games, obama grew or debt into a place where we it will be almost impossible to pay off, no matter what we do. We pay $63,000 a SECOND on the interest on our debt, thanks to obama and the dems for the unfathomable amount of spending they've done.

No thanks to Bush or Obama on the debt thing. Get the hell out of Afghanistan, Iraq and a dozen other countries. Tell the world we are no longer their gratis police force and start taking care of our own.

 

[Remodeling Maidiac]

I'm not surprised that the facts I've provided in 2 posts have been completely ignored by the left in this thread.

There are people who through the good fortune of being in certain jobs are in fact insulated from a lot of the negatives in this economy. Having said that the bubble they live in consists of a very small minority.

When 1 in 6 Americans is using some type of welfare you know things are worse despite the fact that your not. The fact that you can't admit that most are not in the isolated bubble you are just demonstrates that you never pull your heads out of the sand.

 

[007]

Our country has been commiting slow-motion economic suicide for twenty- five years. It's pointless to blame Obama. He is irrelevant to what is happening now. Our unemployment rate stays stubbornly high because our economic problems are systemic and permanent. The politicians, regardless of party don't have any answers. In fact, they are a large part of the problem, not the solution.

No, the answers if they come will come from us. But if all we are capable of is trading insults and ignorances, the answers will not come. Itsthejobsstupid.

Yes we have been committing slow motion economic suicide for the past twenty five years. But, it has been greatly accelerated under obama and his old democrat majority in both houses.

And yes you can blame obama for the job stagnation and the debt. obama is anti business and anti Wall Street, and businesses aren't going to do anything until he's out of office. So unemployment will remain high, and the economy will limp along on life support for another year and half at least.

 

[007]

I'll conceed that Obama has done little to improve anything, but I will also put forth that I doubt any pol could have done much to improve anything. We are in an austerity period without it being proclaimed. We are recovering from the housing bubble brought to us by the late and not so great so called wizards of Wall Street. The masterminds of transferring wealth to China for their own little greedy ill gotten gains. Which by the way is starting to back fire on them as we speak or type or whatever you want to call this.

I actually agree with everything you just said, but what obama and the dems have done on top of what you just said made a bad situation ten times worse. Now instead of just recovering from the housing bubble burst and China playing it's money manipulating games, obama grew or debt into a place where we it will be almost impossible to pay off, no matter what we do. We pay $63,000 a SECOND on the interest on our debt, thanks to obama and the dems for the unfathomable amount of spending they've done.

No thanks to Bush or Obama on the debt thing. Get the hell out of Afghanistan, Iraq and a dozen other countries. Tell the world we are no longer their gratis police force and start taking care of our own.

INDEED...

 

[FactFinder]

Our country has been commiting slow-motion economic suicide for twenty- five years. It's pointless to blame Obama. He is irrelevant to what is happening now. Our unemployment rate stays stubbornly high because our economic problems are systemic and permanent. The politicians, regardless of party don't have any answers. In fact, they are a large part of the problem, not the solution.

No, the answers if they come will come from us. But if all we are capable of is trading insults and ignorances, the answers will not come. Itsthejobsstupid.

Yes we have been committing slow motion economic suicide for the past twenty five years. But, it has been greatly accelerated under obama and his old democrat majority in both houses.

And yes you can blame obama for the job stagnation and the debt. obama is anti business and anti Wall Street, and businesses aren't going to do anything until he's out of office. So unemployment will remain high, and the economy will limp along on life support for another year and half at least.

I think the situation would be the same regardless of who is in office. Just what would business be doing differently? They already have the liberal tax cuts. This proves those cuts are meaningless. If they cannot hire now under the most favorable conditions just when the hell can they hire? Smoke, mirrors and manipulation. That is what we have. A sense of community, ethics and care for ones' neighbor is out with offshoring to China.

 

[Modbert]

"The Tax Policy Center?" "Wikipedia?" Really bert... are the only websites purporting this that you can find liberal propaganda sites?

Let's see it in black and white right from the bill.

Wikipedia is a Liberal propaganda site?

Here's a source you'll believe about the final total:

Obama Signs $787 Billion Stimulus Package - FoxNews.com

$787 billion.

From the WSJ:

What's in the Stimulus Bill - A Breakdown - The Wall Street Journal Online

Estimated Cost:$288,482 (M) for Tax Cuts out of $787,241 (M)

That's roughly 37% (36.6%) tax cuts.

Funds Allocated: $301,278 (M) for Tax Cuts out of $790,614 (M)

That's roughly 38% (38.1%) tax cuts.

 

[007]

Our country has been commiting slow-motion economic suicide for twenty- five years. It's pointless to blame Obama. He is irrelevant to what is happening now. Our unemployment rate stays stubbornly high because our economic problems are systemic and permanent. The politicians, regardless of party don't have any answers. In fact, they are a large part of the problem, not the solution.

No, the answers if they come will come from us. But if all we are capable of is trading insults and ignorances, the answers will not come. Itsthejobsstupid.

Yes we have been committing slow motion economic suicide for the past twenty five years. But, it has been greatly accelerated under obama and his old democrat majority in both houses.

And yes you can blame obama for the job stagnation and the debt. obama is anti business and anti Wall Street, and businesses aren't going to do anything until he's out of office. So unemployment will remain high, and the economy will limp along on life support for another year and half at least.

I think the situation would be the same regardless of who is in office. Just what would business be doing differently? They already have the liberal tax cuts. This proves those cuts are meaningless. If they cannot hire now under the most favorable conditions just when the hell can they hire? Smoke, mirrors and manipulation. That is what we have. A sense of community, ethics and care for ones' neighbor is out with offshoring to China.

Businesses are unsure, so they're not hiring, primarily because of obamacare. They're waiting to see what happens with it when it gets to the S.C. It's the not knowing what to expect next from obama that scares them. He and the dems are talking more taxes as we speak in the new budget deal. Bad time to be raising taxes, that scares business as well. So they're waiting, waiting for obama to be gone and some stability to come back.

 

[Modbert]

Businesses are unsure, so they're not hiring, primarily because of obamacare.

More Small Businesses Offering Health Care To Employees Thanks To Obamacare - Rick Ungar - The Policy Page - Forbes

The first statistics are coming in and, to the surprise of a great many, Obamacare might just be working to bring health care to working Americans precisely as promised.

The major health insurance companies around the country are reporting a significant increase in small businesses offering health care benefits to their employees.

Why?

Because the tax cut created in the new health care reform law providing small businesses with an incentive to give health benefits to employees is working.

We certainly did not expect to see this in this economy,” said Gary Claxton, who oversees an annual survey of employer health plans for the nonprofit Kaiser Family Foundation. “It’s surprising.”

United Health Group, Inc., the nation’s largest health insurer, added 75,000 new customers working in businesses with fewer than 50 employees.

Coventry Health Care, Inc., a large provider of health insurance to small businesses, added 115,000 new workers in 2010 representing an 8% jump.

Blue Cross Blue Shield of Kansas City, the largest health insurer in the Kansas City, Mo. area, reports an astounding 58% increase in the number of small businesses purchasing coverage in their area since April, 2010-one month after the health care reform legislation became law.

http://www.nashuatelegraph.com/busi...e-benefits-expand-among-small-businesses.html

Nationwide, the Kaiser survey found that 59 percent of firms with fewer than 10 employees offered health benefits, up from 46 percent last year.

 

[FactFinder]

Yes we have been committing slow motion economic suicide for the past twenty five years. But, it has been greatly accelerated under obama and his old democrat majority in both houses.

And yes you can blame obama for the job stagnation and the debt. obama is anti business and anti Wall Street, and businesses aren't going to do anything until he's out of office. So unemployment will remain high, and the economy will limp along on life support for another year and half at least.

I think the situation would be the same regardless of who is in office. Just what would business be doing differently? They already have the liberal tax cuts. This proves those cuts are meaningless. If they cannot hire now under the most favorable conditions just when the hell can they hire? Smoke, mirrors and manipulation. That is what we have. A sense of community, ethics and care for ones' neighbor is out with offshoring to China.

Businesses are unsure, so they're not hiring, primarily because of obamacare. They're waiting to see what happens with it when it gets to the S.C. It's the not knowing what to expect next from obama that scares them. He and the dems are talking more taxes as we speak in the new budget deal. Bad time to be raising taxes, that scares business as well. So they're waiting, waiting for obama to be gone and some stability to come back.

They weren't hiring before Obamacare, so I am not buying that. It is the financials, too many sectors are still too weak from the housing bubble. Anyone that was at least a bit sober could have seen that mortgages that cost more than people were making or likely to make in the next few years was unsustainable. What a bunch of ignoramus bullshit we went through for the sake of denial and illusions of grandeur.

 

[Modbert]

Bad time to be raising taxes, that scares business as well. So they're waiting, waiting for obama to be gone and some stability to come back.

The Wageless, Profitable Recovery - NYTimes.com

Economists at Northeastern University have found that the current economic recovery in the United States has been unusually skewed in favor of corporate profits and against increased wages for workers.

In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.

According to the study, between the second quarter of 2009, when the recovery began, and the fourth quarter of 2010, national income rose by $528 billion, with $464 billion of that growth going to pretax corporate profits, while just $7 billion went to aggregate wages and salaries, after accounting for inflation.

The share of income growth going to employee compensation was far lower than in the four other economic recoveries that have occurred over the last three decades, the study found.

With regard to corporate profits, the report noted that the preliminary estimate for the first quarter of 2011 was $1.668 trillion, an increase of $465 billion of just under 40 percent since the recovery began.

 

[007]

What's in the Stimulus Bill - A Breakdown - The Wall Street Journal Online

Sorry bert, but you got the numbers all wrong. You took the numbers from the "Aid To States" column, not the "Tax Cuts" column.

You better take another look.

And explain to me how a "tax break," which is nothing more than tax welfare, as stated below, helps our economy.

It includes a $400 tax break for most individual workers and $800 for couples, including those who do not earn enough to pay income taxes.

Read more: Obama Signs $787 Billion Stimulus Package - FoxNews.com

 

[NYcarbineer]

Remember the days when unemployment was around 5%, gasoline was just over $1.50 a gallon, the value of your home exceed that of your mortgage...........
yeah, those were hard times.
Good thing we've got Obama, eh?

Four years ago was July 2007.

Gasoline was 3 bucks a gallon not a 1.50. I hope you're not employed in any activity where being 100% off causes anyone or anything any serious harm.

 

[Modbert]

U.S. Corporate Profits Hit Record in Third Quarter - NYTimes.com

American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago, at least in nominal or noninflation-adjusted terms.

The government does not adjust the numbers for inflation, in part because these corporate profits can be affected by pricing changes from all over the world and because the government does not have a price index for individual companies. The next-highest annual corporate profits level on record was in the third quarter of 2006, when they were $1.655 trillion.

Corporate profits have been doing extremely well for a while. Since their cyclical low in the fourth quarter of 2008, profits have grown for seven consecutive quarters, at some of the fastest rates in history. As a share of gross domestic product, corporate profits also have been increasing, and they now represent 11.2 percent of total output. That is the highest share since the fourth quarter of 2006, when they accounted for 11.7 percent of output.

 

[Remodeling Maidiac]

I think the situation would be the same regardless of who is in office. Just what would business be doing differently? They already have the liberal tax cuts. This proves those cuts are meaningless. If they cannot hire now under the most favorable conditions just when the hell can they hire? Smoke, mirrors and manipulation. That is what we have. A sense of community, ethics and care for ones' neighbor is out with offshoring to China.

Businesses are unsure, so they're not hiring, primarily because of obamacare. They're waiting to see what happens with it when it gets to the S.C. It's the not knowing what to expect next from obama that scares them. He and the dems are talking more taxes as we speak in the new budget deal. Bad time to be raising taxes, that scares business as well. So they're waiting, waiting for obama to be gone and some stability to come back.

They weren't hiring before Obamacare, so I am not buying that. It is the financials, too many sectors are still too weak from the housing bubble. Anyone that was at least a bit sober could have seen that mortgages that cost more than people were making or likely to make in the next few years was unsustainable. What a bunch of ignoramus bullshit we went through for the sake of denial and illusions of grandeur.

[ame=http://www.youtube.com/watch?v=LPSDnGMzIdo&feature=youtube_gdata_player]YouTube - ‪Democrats were WARNED of Financial crisis and did NOTHING‬‏[/ame]

 

[Modbert]

Sorry bert, but you got the numbers all wrong. You took the numbers from the "Aid To States" column, not the "Tax Cuts" column.

Except I didn't.

Aid to states
$53,600
$53,600

Tax cuts
$301,278
$288,482

Go ahead, try to highlight the line and see where it ends up. Or y'know, just count from the bottom up.

But nice try Pale.

 

[FactFinder]

What's in the Stimulus Bill - A Breakdown - The Wall Street Journal Online

Sorry bert, but you got the numbers all wrong. You took the numbers from the "Aid To States" column, not the "Tax Cuts" column.

You better take another look.

And explain to me how a "tax break," which is nothing more than tax welfare, as stated below, helps our economy.

It includes a $400 tax break for most individual workers and $800 for couples, including those who do not earn enough to pay income taxes.

Read more: Obama Signs $787 Billion Stimulus Package - FoxNews.com

I will agree with you that the stimulus bill was largely if not wholly misdirected. Also TARP should have never happened.

 

[007]

Bad time to be raising taxes, that scares business as well. So they're waiting, waiting for obama to be gone and some stability to come back.

The Wageless, Profitable Recovery - NYTimes.com

Economists at Northeastern University have found that the current economic recovery in the United States has been unusually skewed in favor of corporate profits and against increased wages for workers.

In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.

According to the study, between the second quarter of 2009, when the recovery began, and the fourth quarter of 2010, national income rose by $528 billion, with $464 billion of that growth going to pretax corporate profits, while just $7 billion went to aggregate wages and salaries, after accounting for inflation.

The share of income growth going to employee compensation was far lower than in the four other economic recoveries that have occurred over the last three decades, the study found.

With regard to corporate profits, the report noted that the preliminary estimate for the first quarter of 2011 was $1.668 trillion, an increase of $465 billion of just under 40 percent since the recovery began.

"Northeastern University?" "The NYT?" God damn bert... you want me to believe anything those freakin' liberal propaganda cults say? Not going to happen bro.


6 Big Companies Claiming Job Losses from Obamacare

6 Big Companies Claiming Job Losses from Obamacare | Naked Law by Avvo.com

Complying With ObamaCare Costs Small Businesses... Jobs

Complying With ObamaCare Costs Small Businesses... Jobs

Small Business Owners Speak Out Against ObamaCare’s Job-Crushing Impact

Small Business Owners Speak Out Against ObamaCare

 

[NYcarbineer]

You have a link to the union pay off, a.k.a. stimulus, being 40% "new" tax cuts?

PolitiFact | Tax cut for 95 percent? The stimulus made it so

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Also, it was my mistake, the Stimulus was about 33% tax cuts.

American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia

"The Tax Policy Center?" "Wikipedia?" Really bert... are the only websites purporting this that you can find liberal propaganda sites?

Let's see it in black and white right from the bill.

Wikipedia is thoroughly footnoted. All you have to do is click and read, or have someone click and read them to you.