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almost 2 trillion for a failed and collapsed stim pack
Did you not bother to read any of this thread?
Repeating a lie doesn't make it true. Where the hell are you even pulling a 2 Trillion dollar figure from? Some Rush Limbaugh diatribe?
your leader projects a 10 trillion deficit. now closer 12 ???? its on your liberal CBS media
Which would have existed anyway, due to the fact that Medicare and Social Security will continue to require more benefits paid out due to the fact that Americans are living longer lives.
Are you trying to blame Obama for people getting old? The only thing that can be done about that is to have more kids, or start making more aliens, (who are mostly young, hard-workers) citizens.
do really expect anyone to buy what a Chicago gangster news paper says ??? did you even read it??? the survey says...............
You mean the WALL STREET JOURNAL??? Can you really be this brainwashed?
and the NY slime forecasting??? give your brain a break
go back to watching your cartoons. its more educational for your level !!!!
The Times Article has sources quoted, you can go look at the numbers yourself.
Of course, they don't have blackboards with conspiracy-theory codewords written on them, so I don't really expect a Times article to hold your short attention span long enough for you to understand what they are trying to say.
It was my understanding that tax cuts were a big boost to the economy? Well we had two (unpaid for) tax cuts for the wealthy, where are the positive results? I am all for a progressive tax system. If you make the most you pay the most! Was the most prosperous
economy in the 50 and 60s ever.`
It was my understanding that tax cuts were a big boost to the economy? Well we had two (unpaid for) tax cuts for the wealthy, where are the positive results? I am all for a progressive tax system. If you make the most you pay the most Was the most prosperous economy in the 50 and 60s ever.`
It was my understanding that tax cuts were a big boost to the economy? Well we had two (unpaid for) tax cuts for the wealthy, where are the positive results? I am all for a progressive tax system. If you make the most you pay the most! Was the most prosperous
economy in the 50 and 60s ever.`
You just don't appreciate trickle down....also known as "tinkle down"
your post
UPDATE: Chicago Fed Survey Sees US GDP Up 2.5% In 4Q 2010
U.S. Forecasts Smaller Loss From Bailout of Banks POSTED BY THE NY SLIME
True Cost of Stimulus: $3.27 Trillion [URL="http://blog.heritage.org/2009/02/12/true-cost-of-stimulus-327-trillion/"]http://blog.heritage.org/2009/02/12/true-cost-of-stimulus-327-trillion/[/URL]
its howdy doody time
LOL.....nobody is buying the lefty propaganda these days from fcukking k00ks like Rightwinger and LAST...............
December 7, 2009
After Brief Uptick, Obama Approval Slips to 47% New low follows slight increase after announcement of Afghanistan policy
by Jeffrey M. Jones
PRINCETON, NJ -- Barack Obama's presidential job approval rating is 47% in the latest Gallup Poll Daily tracking update, a new low for his administration to date. His approval rating has been below 50% for much of the time since mid-November, but briefly rose to 52% last week after he announced his new Afghanistan policy.
Any slight bump in support Obama received coincident with his new Afghanistan policy proved to be very short-lived, as his approval rating returned to below the majority level by the weekend, and slipped further to 47% in Dec. 4-6 polling.
Afghanistan is just one of many high-profile issues with which the president is dealing. Immediate public reaction to his new Afghanistan policy showed 51% in favor and 40% opposed, according to a Dec. 2 USA Today/Gallup poll.
Fortunately for all of us s0n..........your views on economic policy are shared by maybe..........maybe..........20% of the voting public. Americans are in the process of overwhelmingly rejecting the Obama/Pelosi/Reid gigantic government idea's.They went far left and the polls went far south!
The National Deficit estimate for this year has now been reduced to 1.3 Trillion dollars.
That figure was 1.2 Trillion on January 7th of this year, before Obama even took office.
Which means that Obama has added a grand total of 100 Billion dollars to the deficit so far this year. An amount that is significantly smaller than the amount of money spent on stimulus so far this year, meaning that that the entire amount can be attributed to stimulus spending.
Other factors that are looking good:
- Unemployment has stopped rising and seems to even have decreased, from 10.2% to 10.0%. Contrast that to the Reagan administration, which had 2 1/2 Years of unemployment increases before the economy started recovering from the Carter recession, and it reached 10.4% at it's height.
- The bailouts are being recovered, almost in full, with only 42 Billion dollars lost so far, and more profits expected on the horizon to offset any additional losses, as opposed to the 700 Billion dollar figure that is much repeated by the right-wing talking heads.
- The housing market is making a recovery and home prices are on their way back up.
- Wall Street has recovered and is on it's way up in leaps and bounds, already 2000 points above what it was the day Obama was inaugurated.
- 3rd Quarter GDP was up by 2.8%, and is predicted to have another significant rise in the 4th quarter.
And this is just off the top of my head. There are many, many other factors that prove that the recovery has begun, contrary to all the prerdictions of the talking heads.
Talking Heads like Rush Limbaugh, for instance, who has continuously claimed that the recession has graduation to a full-blown depression.
Do right-wingers ever get tired of being wrong?
How much was government spending cut?
That's right. 100 Billion and shrinking.
That's right. 100 Billion and shrinking.
wrong !!!! 10 trillion and pelosi wants another stim pack.
America's Hemorrhoid Stuttering LimpBoy is a pathological liar.The National Deficit estimate for this year has now been reduced to 1.3 Trillion dollars.
That figure was 1.2 Trillion on January 7th of this year, before Obama even took office.
Which means that Obama has added a grand total of 100 Billion dollars to the deficit so far this year. An amount that is significantly smaller than the amount of money spent on stimulus so far this year, meaning that that the entire amount can be attributed to stimulus spending.
Other factors that are looking good:
- Unemployment has stopped rising and seems to even have decreased, from 10.2% to 10.0%. Contrast that to the Reagan administration, which had 2 1/2 Years of unemployment increases before the economy started recovering from the Carter recession, and it reached 10.4% at it's height.
- The bailouts are being recovered, almost in full, with only 42 Billion dollars lost so far, and more profits expected on the horizon to offset any additional losses, as opposed to the 700 Billion dollar figure that is much repeated by the right-wing talking heads.
- The housing market is making a recovery and home prices are on their way back up.
- Wall Street has recovered and is on it's way up in leaps and bounds, already 2000 points above what it was the day Obama was inaugurated.
- 3rd Quarter GDP was up by 2.8%, and is predicted to have another significant rise in the 4th quarter.
And this is just off the top of my head. There are many, many other factors that prove that the recovery has begun, contrary to all the prerdictions of the talking heads.
Talking Heads like Rush Limbaugh, for instance, who has continuously claimed that the recession has graduation to a full-blown depression.
Do right-wingers ever get tired of being wrong?
Usually with growing GDP you see real job creation, not temporary job creation, where are the jobs? With this growing GDP that you are telling us about, that would indicate that the demand for employment opportunities would increase, not decrease. It's not, how do you answer that? I don't see any real employment opportunities out there.
Job creation FOLLOWS growth in GDP. Which is probably why the Unemployment rate just fell .2% and is expected to continue to improve.
Slowly but surely, conditions are definitely improving. After all this was a rather serious economic situation.
Hell, as I mentioned, it took Reagan 2 1/2 years to start to recover from the Carter years, and his Unemployment rate was at 10.4% at that point. It's only been 10 MONTHS!
Except that Government spending is included in that 2.8% figure.
Except that as you folks keep pointing out, hardly any of the stimulus has been spent yet, so how would that be?
Let's break down the actual numbers:
So far, 200 Billion dollars has been spent in the stimulus, INCLUDING the 3 billion for "Cash for Clunkers". The US GDP is currently 14.3 Trillion dollars.
That means that the stimulus spending was 1.39 percent of the GDP.
Which means that the growth in GDP for just one quarter was more than double stimulus spending, at 2.8%.
And the next quarter is expected to be about 2.5%, which will be free and clear of federal spending altogether.
Since there has been negative inflation during that time, the GDP growth is in fact more dramatic.
Ollie..don't burst poor LWC's bubble with facts....
LWC...When the fucking debt clock stops rising then you can shoot your mouth off...until then STFU.
My real concern is that those toxic assets, (Mortgage Backed Securities) that were on the books of the banks when we were told the Bank Bail out had to take place, back in september / october of 2008, are still on the books....they were NEVER bought out with the TARP money as Paulsen promised.
These toxic assets still could end up bringing our country to its knees, again....because they have not gone away....?
