Libs can't believe the daily details of this crumbling economy

[Truthmatters]

Its what they promised in the last election

 

[daveman]

Its what they promised in the last election

Did they? I don't recall that part. I heard they were going to get government out of the way and let businesses create jobs. You know, the ones who actually can.

 

[Truthmatters]

GOP 'Pledge to America': Will it help Republicans in 2010 elections? - CSMonitor.com


Republicans are putting their leading midterm congressional campaign arguments into a new manifesto designed to show they're listening to an angry public and are focused on creating jobs.

 

[M.D. Rawlings]

Please explain how reducing the debt will create jobs? THAT is all Republicans are focused on. Why wouldn't consumer confidence be waning if they might loose their jobs and have safety net programs cut or eliminated.

Explain how allowing the national debt to increase without any end to the madness in sight helps the economy? Then explain how billions in what amounts to transfer payments from one bloated governmental entity (federal) to those of the several states (so-called stimulus packages) helps the private sector? Then explain how flooding the market with devalued dollars in order to cover the debt helps the economy?

THEN please tell me where all the jobs are. The Bush tax cuts for the 'job creators' have been in effect for a decade now. And Obama even signed an extension. Those elite you right wingers worship should be shooting jobs out of their asses.

Dude! Keynesianism doesn't work! It never has!

The economy was holding up just fine given 09/11 and its aftermath until the housing market crashed . . . due once again primarily to the incompetence of Democrats pushing bad loans onto the market via Fannie Mae and Freddie Mac in the name of social justice. Idiots! Bush's response was Keynesianism. Obama's response was Keynesianism on steroids. It doesn't work! It saps economic strength. It encourages reckless behavior.

Taxes are too high and spending is out of control, but mostly spending is out of control. It has to stop. And once Obama is out on his dumbass where he belongs, we Republicans will go in and fix it all over again like we did in the 1980s and '90s, only this time perhaps there will finally be the political will to pass the kind of entitlement reforms necessary to fix the essence of the problem once and for all.

For lefty sure as hell isn't going to do it.

He's a coward, a liar, a demagogue, a socialist, two-bit punk. He's insane, mad, out of his friggin' mind.

 

[Truthmatters]

But just saying it doesnt work in light of history is pretty dishonest

 

[daveman]

GOP 'Pledge to America': Will it help Republicans in 2010 elections? - CSMonitor.com


Republicans are putting their leading midterm congressional campaign arguments into a new manifesto designed to show they're listening to an angry public and are focused on creating jobs.

Did you read it? It says they'll get government out of the way of business so business can create jobs. It's not like Obama's pledge for the government to create jobs -- which has spectacularly failed, by the way.

 

[daveman]

But just saying it doesnt work in light of history is pretty dishonest

Not when history says it doesn't work.

 

[Truthmatters]

The History of Keynesianism and Proof that it Works

 

[Truthmatters]

Krugman: Psst, We Just Got Proof That Keynesian Economics Is Right

 

[Mad Scientist]

Krugman: Psst, We Just Got Proof That Keynesian Economics Is Right

Did you read the comments? No one, and I mean no one, believes Paul Krugman anymore.

 

[Truthmatters]

That is an outright lie

 

[Truthmatters]

Neoclassical economics - Wikipedia, the free encyclopedia


Neoclassical economics dominates microeconomics, and together with Keynesian economics forms the neoclassical synthesis, which dominates mainstream economics today.

 

[Mad Scientist]

That is an outright lie

Even Paul Krugman himself wakes up everyday and says to himself: "Unemployment still high, Economy in the shitter, Debt going up, Federal Reserve out of control. Man, I can't believe people are still falling for this shit!"

 

[Mad Scientist]

Neoclassical economics - Wikipedia, the free encyclopedia Neoclassical economics dominates microeconomics, and together with Keynesian economics forms the neoclassical synthesis, which dominates mainstream economics today.

Americans are bottom line people. They don't really care how they get there, as long as they get there.

Fact: Obama aint gettin' us there. Deal with it.

 

[Truthmatters]

And where did the republican GET US when they had control?

 

[Bfgrn]

Please explain how reducing the debt will create jobs? THAT is all Republicans are focused on. Why wouldn't consumer confidence be waning if they might loose their jobs and have safety net programs cut or eliminated.

Explain how allowing the national debt to increase without any end to the madness in sight helps the economy? Then explain how billions in what amounts to transfer payments from one bloated governmental entity (federal) to those of the several states (so-called stimulus packages) helps the private sector? Then explain how flooding the market with devalued dollars in order to cover the debt helps the economy?

THEN please tell me where all the jobs are. The Bush tax cuts for the 'job creators' have been in effect for a decade now. And Obama even signed an extension. Those elite you right wingers worship should be shooting jobs out of their asses.

Dude! Keynesianism doesn't work! It never has!

The economy was holding up just fine given 09/11 and its aftermath until the housing market crashed . . . due once again primarily to the incompetence of Democrats pushing bad loans onto the market via Fannie Mae and Freddie Mac in the name of social justice. Idiots! Bush's response was Keynesianism. Obama's response was Keynesianism on steroids. It doesn't work! It saps economic strength. It encourages reckless behavior.

Taxes are too high and spending is out of control, but mostly spending is out of control. It has to stop. And once Obama is out on his dumbass where he belongs, we Republicans will go in and fix it all over again like we did in the 1980s and '90s, only this time perhaps there will finally be the political will to pass the kind of entitlement reforms necessary to fix the essence of the problem once and for all.

For lefty sure as hell isn't going to do it.

He's a coward, a liar, a demagogue, a socialist, two-bit punk. He's insane, mad, out of his friggin' mind.

Now I see your problem. You're an idiot. Everything you just said is FALSE.

The economy under Bush was not 'holding up just fine'...now that the dust has settled and studies and information have been gathered, the Bush/GOP years will be called the Lost Decade...ZERO job growth, lower wage growth than during the Great Depression and half the public debt that will accrue by 2019 is because of Bush's tax cuts and his two unpaid for wars.

The financial crash had NOTHING to do with selling homes to low income citizens, the majority of people foreclosed on were wealthy. It was not caused by Fannie or Freddie, it was caused by private lenders outside of government regulations. And the REAL kick in the ass for right wing idiots like you...the loudest voice that warned about predatory lending starting way back in 1999....was ACORN.

Please remove the word 'liberal' next to your avatar...replace it with one of the following:
1) Idiot
2) Moron
3) Pea brain

 

[thereisnospoon]

The slide started with Democrats taking over Congress in 2007.

It's obvious that the media and professional Obama/Democrat pimps have also failed in their attempts to bullshit clear thinking American voters on the actual state of the country...

The Democrat way, is a catastrophic failure..but yup, their far to gutless to accept responsibility..

Bush, with Republican collusion, was able to hide his fuck ups until Democrats took control of the house. Democrats were so shocked and stunned with the impending disaster, it took them at least a year to even begin to come up with a plan to fix at least some of the terrible and disastrous mess Republicans led the country into..

First...there is no more blaming Bush. No longer acceptable. No longer permitted. This is Obama's watch.
Now, on to your comment. Question: how do the jaws of that leg hold trap you stepped into feel?
For a moment, we will stipulate your claim that it took a year for Obama to come up with a plane. That was 18 months ago. So what's your excuse now?
Your side has been at the helm and things have gotten progressively worse.
The economy has not improved. Unemployment has not waned. The housing slump has gotten worse. Fact, average home values are now at 2002 levels. That means 9 years of equity has been wiped out. For example, the market value of my home has decreased by $10,000 since 2008. I am not upside down in my loan because I refinanced at an opportune time. Millions are not so fortunate.
This is where we are. Obama and his administration's policies may not be a fail, but neither are they anywhere near successful. Obama will never admit he his taking the country down the wrong path. His Ivy League ego will not permit that.

 

[thereisnospoon]

It's not who we blame...but where we go from here

It's more than just debt, it's a stagnant economy. EVERYONE needs to be willing to sacrifice. That means paying more in taxes and receiving less for it

""It's not who we blame...but where we go from here""

I always find it interesting that when Democrats get caught with their pants down around their ankles and their policies sorely lacking.. they'd rather not blame anyone..

Please explain how reducing the debt will create jobs? THAT is all Republicans are focused on. Why wouldn't consumer confidence be waning if they might loose their jobs and have safety net programs cut or eliminated.

THEN please tell me where all the jobs are. The Bush tax cuts for the 'job creators' have been in effect for a decade now. And Obama even signed an extension. Those elite you right wingers worship should be shooting jobs out of their asses.

Business will not expand and no new businesses will open because of Obama's policies.
Owners and investors are backing away because of impending tax increases, Obamacare, more crushing regulations and tumbling consumer confidence.
Obama believes as you do that all things begin with government. That the US needs central planning. Obama believes through dependency on government, the country will be "fair".
Obama abhors the private sector. He views the profit motive as evil. He hates free market economy.

 

[thereisnospoon]

You won't get anyone to answer you. The right wing is a "one trick pony". "Cut taxes" is all they know. If it doesn't work, then cut some more. Then when that doesn't work, cut some more. Eventually, they end up giving money away. Look at oil companies.

Oh? No one will answer him? Sure. Right. Well, I already answered and destroyed your idiocy.



Lefties are like zombies, incessantly spouting slogans, sometimes even blurting certain economic realities in their mantra. But the dots never connect in their minds.

Stagnant economy: now what would that have to do with anything? Ah! Stagnant economies yield lower revenues! So lefty wants to raise taxes on a stagnant economy! LOL!

High taxes in a stagnant economy do not grow revenue; they only shrink economies and revenue receipts beyond a certain threshold. You increase revenue by growing the economy. Snap out of it!

rightwinger, raising taxes will get us nowhere. Low tax rates are not the problem and never were. The problem is spending, spending, spending, spending, spending. . . .

Our current problems have been coming for thirty years. We can't keep cutting taxes while we increase spending

Americans are spoiled.

Indeed. You illustrate my point.

Lefty will blame Bush, the Republican Congress; he will blame his grandmother, the moon, even the American people, but he will never come clean about the actual nature of his agenda and the predictable failure of his resurrected Keynesianism.​

Now onto the other idiocy. . . .

Republicans held majority in Congress for 12 years and the White House for eight years; the blame should be placed on WHOM?

Explanation required.

The economy, save for the months following 9/11, was booming.
The Obama admin should take a page out of the book of the Bush and Clinton admins in that both these presidents listen to their economic advisors and allowed the economy to flourish.
It was government interference with programs such as Fannie/Freddie that caused the lunacy we see now.
There is no logic in runaway government spending

 

[Bfgrn]

Oh? No one will answer him? Sure. Right. Well, I already answered and destroyed your idiocy.



Lefties are like zombies, incessantly spouting slogans, sometimes even blurting certain economic realities in their mantra. But the dots never connect in their minds.

Stagnant economy: now what would that have to do with anything? Ah! Stagnant economies yield lower revenues! So lefty wants to raise taxes on a stagnant economy! LOL!

High taxes in a stagnant economy do not grow revenue; they only shrink economies and revenue receipts beyond a certain threshold. You increase revenue by growing the economy. Snap out of it!

rightwinger, raising taxes will get us nowhere. Low tax rates are not the problem and never were. The problem is spending, spending, spending, spending, spending. . . .



Indeed. You illustrate my point.

Lefty will blame Bush, the Republican Congress; he will blame his grandmother, the moon, even the American people, but he will never come clean about the actual nature of his agenda and the predictable failure of his resurrected Keynesianism.​

Now onto the other idiocy. . . .

Republicans held majority in Congress for 12 years and the White House for eight years; the blame should be placed on WHOM?

Explanation required.

The economy, save for the months following 9/11, was booming.
The Obama admin should take a page out of the book of the Bush and Clinton admins in that both these presidents listen to their economic advisors and allowed the economy to flourish.
It was government interference with programs such as Fannie/Freddie that caused the lunacy we see now.
There is no logic in runaway government spending

You right wingers continue to parrot the propaganda you've been spoon fed. The problem is they are LIES.

Fannie and Freddie did not cause the financial crisis of the collapse or the housing bubble. And Bush's economic performance was the worst in history. There was ZERO net job growth and wage growth was lower that during the Great Depression.