Debt ceiling threats have already harmed economy

[Truthmatters]

Budget stalemate has already hurt the economy - Business - Eye on the Economy - msnbc.com


That uncertainty is already starting to show up in the latest round of monthly economic data. Industrial output hit the brakes in June, rising a modest 0.2 percent, according to the Federal Reserve. Retail sales and hiring have slowed sharply. On Friday, a widely watched survey of consumer sentiment showed Americans have turned gloomier than they’ve been since March 2009, when the economy was still contracting.

 

[Truthmatters]

It is the reason the right is finds it so important to keep it from being raised.

They want to harm the economy so Obama doesnty get re elected.

Party over country is the rights big plan for the next election

 

[boedicca]

What's harmed the economy is government spending which is 40% financed by debt on future taxpayers.

 

[Warrior102]

How many TRILLIONS OF DOLLARS has Obama put us in the hole for so far, and talks are "hurting" the economy?

 

[Robert]

Budget stalemate has already hurt the economy - Business - Eye on the Economy - msnbc.com


That uncertainty is already starting to show up in the latest round of monthly economic data. Industrial output hit the brakes in June, rising a modest 0.2 percent, according to the Federal Reserve. Retail sales and hiring have slowed sharply. On Friday, a widely watched survey of consumer sentiment showed Americans have turned gloomier than they’ve been since March 2009, when the economy was still contracting.

Then I guess you better hope the Failure and congress pull their collective heads' out of their ass's and come up with a budget that won't destroy this nation. Course they haven't been able to do that for two years now even when the Failure had a majority in both houses.

Me I suggest we wait until the failure and the senate are move to more moderate hands

 

[Leweman]

Tell Obama to quit holding the debt ceiling hostage with his tax increases will ya? Its harming the economy apparently. Debt "celing" haha. Should be called the debt "elevator". You know ... cause its always going up. Dumb ass government.

 

[8537]

Tell Obama to quit holding the debt ceiling hostage with his tax increases will ya?

He was discussing 4 trillion dollars in savings with some minimal changes such as the private jet tax and tying SS to the Chained CPI when the Tea Party fucks dragged the reasonable Republicans out of the room.\

Now those led out of the room are proposing allowing not one, not two but THREE increases with about 1.5T in cuts that aren't event booked.

 

[Avorysuds]

Tell Obama to quit holding the debt ceiling hostage with his tax increases will ya?

He was discussing 4 trillion dollars in savings with some minimal changes such as the private jet tax and tying SS to the Chained CPI when the Tea Party fucks dragged the reasonable Republicans out of the room.\

Now those led out of the room are proposing allowing not one, not two but THREE increases with about 1.5T in cuts that aren't event booked.

Over 10 years while adding 20 Trillion to the deficit in that time... This is to assume we don't go into a depression and people with money invest less because of higher taxes.

 

[Truthmatters]

The republicans care more about their party than they do the American people

 

[Robert]

Tell Obama to quit holding the debt ceiling hostage with his tax increases will ya?

He was discussing 4 trillion dollars in savings with some minimal changes such as the private jet tax and tying SS to the Chained CPI when the Tea Party fucks dragged the reasonable Republicans out of the room.\

Now those led out of the room are proposing allowing not one, not two but THREE increases with about 1.5T in cuts that aren't event booked.

Did you see his budget? no you didn't he made a speech he didn't make a budget so where did you come up with 4 trillion? ya he pulled it out of his ass....get back to us when the failure and his cronies have submitted a real budget.

 

[8537]

Tell Obama to quit holding the debt ceiling hostage with his tax increases will ya?

He was discussing 4 trillion dollars in savings with some minimal changes such as the private jet tax and tying SS to the Chained CPI when the Tea Party fucks dragged the reasonable Republicans out of the room.\

Now those led out of the room are proposing allowing not one, not two but THREE increases with about 1.5T in cuts that aren't event booked.

Did you see his budget? no you didn't he made a speech he didn't make a budget so where did you come up with 4 trillion? ya he pulled it out of his ass....get back to us when the failure and his cronies have submitted a real budget.

He pulled it out of his ass? Why would you accuse Speaker Boehner of pulling that figure out of his ass? That's the number they were discussing. you know that, right? And they continued using that figure until the Tea Party fucks dragged Boehner to the right of Atilla the Hun - and put him on the side of supporting three debt ceiling hikes with no guaranteed cuts instead of 4T in cuts and one hike.

 

[Truthmatters]

The majority of Americans want taxes raised.

What the republicans are forcing DOWN AMERICAS THROAT is their historically failed ideas.

The people dont want it , its BAD for the economy.

The republicans dont care , its good for their next elections.

Party over country

 

[Liberty]

haha TM, go back to the kid's table please. the grown ups are talking.

 

[shintao]

What's harmed the economy is government spending which is 40% financed by debt on future taxpayers.

Truthmatters does make a good point about America's economic uncertainity, and the harm it has to slowing the economy, perhaps crashing it when 70 million people don't receive checks to pay house & bank loans & credit cards, etc. And you always knew you were spending your children into debt-slavery, so..........whats the doom & gloom now all of a sudden??

If you want to stop spending, elect people concerned with America's economic situation. But you can't do that before this debt increase is needed, so..........

 

[saveliberty]

The majority of Americans want taxes raised...on someody else.

Like two trillion more in debt doesn't hurt a thing. Got to be brain dead to believe that.

The economy was harmed by government involvement in the housing market, a harmful stimulus package and uncontroled use of credit.

 

[shintao]

haha TM, go back to the kid's table please. the grown ups are talking.

Do you favor default ?

 

[shintao]

What's harmed the economy is government spending which is 40% financed by debt on future taxpayers.

Do you favor default?

 

[Warrior102]

The majority of Americans want taxes raised.

What the republicans are forcing DOWN AMERICAS THROAT is their historically failed ideas.

The people dont want it , its BAD for the economy.

The republicans dont care , its good for their next elections.

Party over country

I certainly don't.
If you're in such a hurry to do so - stroke a fucking check.

 

[shintao]

How many TRILLIONS OF DOLLARS has Obama put us in the hole for so far, and talks are "hurting" the economy?

Do you favor default?

 

[shintao]

Budget stalemate has already hurt the economy - Business - Eye on the Economy - msnbc.com


That uncertainty is already starting to show up in the latest round of monthly economic data. Industrial output hit the brakes in June, rising a modest 0.2 percent, according to the Federal Reserve. Retail sales and hiring have slowed sharply. On Friday, a widely watched survey of consumer sentiment showed Americans have turned gloomier than they’ve been since March 2009, when the economy was still contracting.

Then I guess you better hope the Failure and congress pull their collective heads' out of their ass's and come up with a budget that won't destroy this nation. Course they haven't been able to do that for two years now even when the Failure had a majority in both houses.

Me I suggest we wait until the failure and the senate are move to more moderate hands

Do you favor default?