Headed for a recession

And that's from the EIA, bitches.

Take a look at the line denoting "Support". These are ancillary, or "peripheral" jobs. Jobs that would not exist were it not for Drilling and Extraction.

Work creates more work.

You got that, Libsuckers?



Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...


The only reason the American economy is stalled is because the GOTP kicks the leg from under it, every time the economy begins to recover in the name of cutting the deficit


The problem with the conservative movement in America is that it is based on bigotry, hatred, and, greed. Above all, greed. Money is their god. They worship money and the holders of it and despise those who don't have it.

If you could take the time to get your foot out of your mouth, you might try re-reading my posts in this thread.

Yeah, your premise that the US can get out of Dubya/GOP's great recession with more gas/oil drilling and Keystone is absolute garbage...
 
If you could take the time to get your foot out of your mouth, you might try re-reading my posts in this thread.
Forget having a serious debate with that mental midget. You post figures and facts and get "George Bush lied us into war and crashed the economy!"
Not possible.

So Bush didn't crash the economy by ignoring regulator warnings, fighting all 50 states on predatory lending and allowing the Bankster to flood the market with cheap money with his SEC rule change in 2004?


The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets OCT 2008

Yeah actually none of that is true.
You are a mental midget, unable to think beyond catch phrases and bumper stickers. Other posters will figure it out too.
 
ONLY in right wing world. In the real world, has almost zero to do with it.

It has everything to do with it. Obama is legislating laws with the stroke of his pen bypassing Congress and the Senate. Hell, the EPA these days is a job and business killer....because of the powers that your messiah has given it.

Wake up son before it's too late. :eusa_whistle:



Got it, NOT based on ANY empirical evidence just the usual right wing 'belief in' garbage...

Perception is everything when a person or corporation is investing. Sorry you're so blinded that reality bites you on your ass.

The answer to that question has become a political flash point between the White House and big business groups such as the U.S. Chamber of Commerce, which held a jobs summit Wednesday and accused the Obama administration of dumping onerous regulations on businesses. That has created an environment of "uncertainty," which is causing firms to hold back on hiring as the unemployment rate has hovered near 10 percent, the Chamber said.
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/14/AR2010071405960.html


WOW! Just a quick Google and look what appeared.
 
Last edited:
Forget having a serious debate with that mental midget. You post figures and facts and get "George Bush lied us into war and crashed the economy!"
Not possible.

So Bush didn't crash the economy by ignoring regulator warnings, fighting all 50 states on predatory lending and allowing the Bankster to flood the market with cheap money with his SEC rule change in 2004?


The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets OCT 2008

Yeah actually none of that is true.
You are a mental midget, unable to think beyond catch phrases and bumper stickers. Other posters will figure it out too.

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse

2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."



One president controlled the regulators that not only let banks stop checking income but cheered them on. And as president Bush could enact the very policies that caused the Bush Mortgage Bubble and he did. And his party controlled congress.



June 17, 2004

(CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday


Bush forced Freddie and Fannie to purchase more low income home loans, $440 billion in MBSs and then reversed the Clinton rule that actually reigned in Freddie and Fannie



"(In 2000, CLINTON) HUD restricted Freddie and Fannie, saying it would not credit them for loans they purchased that had abusively high costs or that were granted without regard to the borrower's ability to repay."

How HUD Mortgage Policy Fed The Crisis

"In 2004 (BUSH), the 2000 rules were dropped and high‐risk loans were again counted toward affordable housing goals."

http://www.prmia.org/sites/default/files/references/Fannie_Mae_and_Freddie_Mac_090911_v2.pdf



DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

Eliot Spitzer - Predatory Lenders' Partner in Crime



Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources


FBI saw threat of loan crisis

A top official warned of widening mortgage fraud in 2004, but the agency focused its resources elsewhere.


"It has the potential to be an epidemic,"


FBI saw threat of loan crisis - Los Angeles Times


Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money!


The SEC Rule That Broke Wall Street
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes
 
It has everything to do with it. Obama is legislating laws with the stroke of his pen bypassing Congress and the Senate. Hell, the EPA these days is a job and business killer....because of the powers that your messiah has given it.

Wake up son before it's too late. :eusa_whistle:



Got it, NOT based on ANY empirical evidence just the usual right wing 'belief in' garbage...

Perception is everything when a person or corporation is investing. Sorry you're so blinded that reality bites you on your ass.

The answer to that question has become a political flash point between the White House and big business groups such as the U.S. Chamber of Commerce, which held a jobs summit Wednesday and accused the Obama administration of dumping onerous regulations on businesses. That has created an environment of "uncertainty," which is causing firms to hold back on hiring as the unemployment rate has hovered near 10 percent, the Chamber said.
Companies pile up cash but remain hesitant to add jobs


WOW! Just a quick Google and look what appeared.



LOL, YEAH, THE CHAMBER CLAIMS UNCERTAINTY AND THAT'S EMPIRICAL EVIDENCE *shaking head*

NOT like DEMAND creates jobs, just to much regulations stops them, lol



YOUR LINK

" A survey last month of more than 1,000 chief financial officers by Duke University and CFO magazine showed that nearly 60 percent of those executives don't expect to bring their employment back to pre-recession levels until 2012 or later -- even though they're projecting a 12 percent rise in earnings and a 9 percent boost in capital spending over the next year.

When asked why companies are holding back so much, many economists cite broader uncertainty that goes well beyond anything happening in Washington. Firms aren't sure whether the economy can sustain a strong recovery. And as long as consumer spending remains low, there's not much incentive for companies to ramp up. "

GROW A BRAIN
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN
 
Got it, NOT based on ANY empirical evidence just the usual right wing 'belief in' garbage...

Perception is everything when a person or corporation is investing. Sorry you're so blinded that reality bites you on your ass.

The answer to that question has become a political flash point between the White House and big business groups such as the U.S. Chamber of Commerce, which held a jobs summit Wednesday and accused the Obama administration of dumping onerous regulations on businesses. That has created an environment of "uncertainty," which is causing firms to hold back on hiring as the unemployment rate has hovered near 10 percent, the Chamber said.
Companies pile up cash but remain hesitant to add jobs


WOW! Just a quick Google and look what appeared.



LOL, YEAH, THE CHAMBER CLAIMS UNCERTAINTY AND THAT'S EMPIRICAL EVIDENCE *shaking head*

NOT like DEMAND creates jobs, just to much regulations stops them, lol



YOUR LINK

" A survey last month of more than 1,000 chief financial officers by Duke University and CFO magazine showed that nearly 60 percent of those executives don't expect to bring their employment back to pre-recession levels until 2012 or later -- even though they're projecting a 12 percent rise in earnings and a 9 percent boost in capital spending over the next year.

When asked why companies are holding back so much, many economists cite broader uncertainty that goes well beyond anything happening in Washington. Firms aren't sure whether the economy can sustain a strong recovery. And as long as consumer spending remains low, there's not much incentive for companies to ramp up. "

GROW A BRAIN

Kind of like saying "uncertainty", huh?

I think it's time for you to pull your head out of your messiah's ass, don't you? :eusa_whistle:
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN

Actually demand does not create jobs, investment creates jobs.

You're too stupid to know you're stupid.
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN

Uncertainty........no one likes to invest their money with as many unknowns as what Obama brings to the table. Like I said, perception is everything when investing. No one likes to throw money down a potential money pit.
Obama can sign an EO that can cost millions if not billions to a corporation......just with his sig. The people with capital and corporations with capital, and the economists understand this. Too bad you don't. :eusa_whistle:

Son, you are the one that needs to grow the brain.
 
Perception is everything when a person or corporation is investing. Sorry you're so blinded that reality bites you on your ass.

The answer to that question has become a political flash point between the White House and big business groups such as the U.S. Chamber of Commerce, which held a jobs summit Wednesday and accused the Obama administration of dumping onerous regulations on businesses. That has created an environment of "uncertainty," which is causing firms to hold back on hiring as the unemployment rate has hovered near 10 percent, the Chamber said.
Companies pile up cash but remain hesitant to add jobs


WOW! Just a quick Google and look what appeared.



LOL, YEAH, THE CHAMBER CLAIMS UNCERTAINTY AND THAT'S EMPIRICAL EVIDENCE *shaking head*

NOT like DEMAND creates jobs, just to much regulations stops them, lol



YOUR LINK

" A survey last month of more than 1,000 chief financial officers by Duke University and CFO magazine showed that nearly 60 percent of those executives don't expect to bring their employment back to pre-recession levels until 2012 or later -- even though they're projecting a 12 percent rise in earnings and a 9 percent boost in capital spending over the next year.

When asked why companies are holding back so much, many economists cite broader uncertainty that goes well beyond anything happening in Washington. Firms aren't sure whether the economy can sustain a strong recovery. And as long as consumer spending remains low, there's not much incentive for companies to ramp up. "

GROW A BRAIN

Kind of like saying "uncertainty", huh?

I think it's time for you to pull your head out of your messiah's ass, don't you? :eusa_whistle:

So AGAIN you prove you can't critically think. NOT uncertainty based on taxes or regulations but DEMAND of products/services.. You know since no matter how large the pie gets there is only 100% and the bottom 90% of US have been left out of the 'recovery'. Grow a brain...
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN

Actually demand does not create jobs, investment creates jobs.

You're too stupid to know you're stupid.

Sure, people invest without demand all the time *shaking head*
 
LOL, YEAH, THE CHAMBER CLAIMS UNCERTAINTY AND THAT'S EMPIRICAL EVIDENCE *shaking head*

NOT like DEMAND creates jobs, just to much regulations stops them, lol



YOUR LINK

" A survey last month of more than 1,000 chief financial officers by Duke University and CFO magazine showed that nearly 60 percent of those executives don't expect to bring their employment back to pre-recession levels until 2012 or later -- even though they're projecting a 12 percent rise in earnings and a 9 percent boost in capital spending over the next year.

When asked why companies are holding back so much, many economists cite broader uncertainty that goes well beyond anything happening in Washington. Firms aren't sure whether the economy can sustain a strong recovery. And as long as consumer spending remains low, there's not much incentive for companies to ramp up. "

GROW A BRAIN

Kind of like saying "uncertainty", huh?

I think it's time for you to pull your head out of your messiah's ass, don't you? :eusa_whistle:

So AGAIN you prove you can't critically think. NOT uncertainty based on taxes or regulations but DEMAND of products/services.. You know since no matter how large the pie gets there is only 100% and the bottom 90% of US have been left out of the 'recovery'. Grow a brain...

Well, why don't you try and force the private sector to invest the money they have on the sidelines, idiot?

Here's a clue for you.....corporations and private citizens like a return on their capital that they invest. No matter what party is in control and who is president, if they felt things were solid, they would be investing their money. true story


You really are a mental midget, and I can't fix your stupid, so let's leave it at that.
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN

Uncertainty........no one likes to invest their money with as many unknowns as what Obama brings to the table. Like I said, perception is everything when investing. No one likes to throw money down a potential money pit.
Obama can sign an EO that can cost millions if not billions to a corporation......just with his sig. The people with capital and corporations with capital, and the economists understand this. Too bad you don't. :eusa_whistle:

Son, you are the one that needs to grow the brain.

Just moreright wing garbage, I'm shocked

Lowest SUSTAINED tax burden on the 1%er 'job creator' for 80+ years, lowest tax burden on Corps in 40 years (as they pay lowest tax burden, 12% and first time ever, less than 50% of costs to labor) BUT CAPITAL IS JUST UNCERTAIN? NOT LACK OF DEMAND? lol


I wish I could live in fantasyland like conservative, Sadly, I have to live with facts and reality.


EIGHT YEARS OF BUSH/GOP 'JOB CREATOR' POLICIES, WHAT HAPPENED AGAIN? lol


DEC 2007

The Economic Consequences of Mr. Bush

The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.

The Economic Consequences of Mr. Bush | Vanity Fair
 
Kind of like saying "uncertainty", huh?

I think it's time for you to pull your head out of your messiah's ass, don't you? :eusa_whistle:

So AGAIN you prove you can't critically think. NOT uncertainty based on taxes or regulations but DEMAND of products/services.. You know since no matter how large the pie gets there is only 100% and the bottom 90% of US have been left out of the 'recovery'. Grow a brain...

Well, why don't you try and force the private sector to invest the money they have on the sidelines, idiot?

Here's a clue for you.....corporations and private citizens like a return on their capital that they invest. No matter what party is in control and who is president, if they felt things were solid, they would be investing their money. true story


You really are a mental midget, and I can't fix your stupid, so let's leave it at that.



Really? So lack of demand after Bush/GOP allowed the Banksters to run a ponzi scheme on US and it didn't snap back, is Obama's fault?


NO CORP INVEST 'BECAUSE THEY HAVE MONEY LAYING AROUND'


Demand drives it, Gov't policy like higher tax burdens where Corps reinvest in Biz versus taking money out and paying dividends to the top 1/10th of 1% who make OVER 50% of ALL dividends does NOT create demand or jobs


Grow a brain Bubba
 
Whoa.....it just keep going....


Consequently, businesses remain pessimistic about demand for domestically produced goods in the U.S. market and are reluctant to invest. With the majority of U.S. businesses subject to higher personal, as opposed to corporate, tax rates; more onerous and costly regulations; and paying more for employee health insurance, they remain reluctant to hire workers and continue to rely on offshore jobs.
Obama's Policy of Appeasement Handicaps the US Recovery



Sheesh, this is fun.....

Manufacturing is gaining, and dividends are up. In fact, in 2009, U.S. manufacturing (including mining and utilities) was the strongest in the world, totaling $2.33 trillion — 14% more than second-ranked China. Yet companies appear to be reluctant to make new investments in the economy. Instead, corporations are hoarding cash, sitting on the sidelines trying to find their way forward.

Uncertainty about the growing regulatory burden is an important contributing factor to this uncertainty. The Obama administration has unleashed a massive new regulatory push, with costly new health care regulations, a major expansion by the Environmental Protection Agency that will raise the costs of energy, and a slew of yet unwritten financial services regulations mandated by the Dodd-Frank reform bill. It’s not surprising that businesses are hesitant to invest in such an uncertain and potentially costly future.
Obama, ATMs And Rage Against The Rise Of Machines - Forbes

So, AGAIN, you have NOTHING. Demand creates jobs, and like I pointed out REPEATEDLY

Your 'Newsmax' link is just MORE right wing garbage based on NO empirical evidence. Reagan had a top rate of 50% for his first 6 years, even with Obamacares taxes, the top rate is more than 20% lower today. How'd the economy do then? lol



AGAIN, GROW A BRAIN

Uncertainty........no one likes to invest their money with as many unknowns as what Obama brings to the table. Like I said, perception is everything when investing. No one likes to throw money down a potential money pit.
Obama can sign an EO that can cost millions if not billions to a corporation......just with his sig. The people with capital and corporations with capital, and the economists understand this. Too bad you don't. :eusa_whistle:

Son, you are the one that needs to grow the brain.





Rich People Create Jobs!


And five other myths that must die for our economy to live.


Myth #4: Regulatory uncertainty is clogging the economy.

Are American businesses paralyzed by fear of a tidal wave of new regulations? When McClatchy reporter Kevin Hall went out and asked small-business owners about this, he got a clear answer. "Absolutely, positively not," said one. "Government regulations are not choking our business," said another. In its most recent quarterly survey (PDF) of small-business trends, the National Federation of Independent Business reports that sales—i.e., lack of demand—is the No. 1 concern, beating out taxes, regulations, inflation, and everything else.

Rich People Create Jobs! | Mother Jones


Assistant Secretary of the Treasury for Economic Policy:

Is Regulatory Uncertainty a Major Impediment to Job Growth?: If regulation was a significant drag on business today, we would expect to see profits constrained after recent regulatory reforms were passed into law. However, corporate profits as a share of gross domestic income have about recovered their pre-recession peak, and earnings per share in industries most affected by recent regulatory changes, such as energy and health care, have among the highest earnings per share of those in the S&P 500. This growth is inconsistent with a corporate sector held back by regulation…. If regulatory uncertainty was the primary problem facing businesses, firms would prefer to use their existing capacity and current workers as much as possible, while avoiding building additional capacity until they are more certain about the contours of future regulation…. [T]hey would increase the hours of the workers they already employ rather than hiring additional workers. We have seen no evidence of this…. Low capacity utilization is inconsistent with concerns about future regulatory risk, but aligns with weak demand holding back current production….

Since the end of the first quarter of 2009, real investment in equipment and software has grown by 26 percent – about five times as fast as the economy as a whole….


Jan Eberly: Is Regulatory Uncertainty a Major Impediment to Job Growth? NO! (Brad DeLong's Grasping Reality...)
 
You are monkey-shit stupid. Just play in traffic and leave the adults alone, 'kay?

Lol it's the Rabbi again with his usual message: I have extremely partisan leanings so want to participate in the thread but I don't really understand the topic, so I shall again post a random insult from junior high playground

The 2014 consistency award is handed out! Congrats.

CA7MvnH.gif
 
You are monkey-shit stupid. Just play in traffic and leave the adults alone, 'kay?

Lol it's the Rabbi again with his usual message: I have extremely partisan leanings so want to participate in the thread but I don't really understand the topic, so I shall again post a random insult from junior high playground

The 2014 consistency award is handed out! Congrats.

CA7MvnH.gif

How else do you respond to someone who's base of knowledge is both faulty and minimal and who lacks the ability to carry on a coherent debate? Insult and ignore. It's the only way.
 
You are monkey-shit stupid. Just play in traffic and leave the adults alone, 'kay?

Lol it's the Rabbi again with his usual message: I have extremely partisan leanings so want to participate in the thread but I don't really understand the topic, so I shall again post a random insult from junior high playground

The 2014 consistency award is handed out! Congrats.

CA7MvnH.gif
Predicting Minsky moments does not require facts just a mastery of the sciences of Astrology and numerology.
 
If you could take the time to get your foot out of your mouth, you might try re-reading my posts in this thread.
Forget having a serious debate with that mental midget. You post figures and facts and get "George Bush lied us into war and crashed the economy!"
Not possible.

So Bush didn't crash the economy by ignoring regulator warnings, fighting all 50 states on predatory lending and allowing the Bankster to flood the market with cheap money with his SEC rule change in 2004?


The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets OCT 2008

No the gotta have everything now generation who took out loans they knew they couldn't afford crashed the economy.
 

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