Romney Supports "Stay The Obama Course" Of 12 mil. New Jobs!

Discussion in 'Economy' started by mascale, Aug 31, 2012.

  1. mascale
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    mascale VIP Member

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  2. Katzndogz
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    Katzndogz Diamond Member

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    obama will do the same job he's done in the last four years.

    That's the problem.
     
  3. mascale
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    mascale VIP Member

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    So it is conceded that history will look upon an "Obama Trajectory" of jobs growth, month after month, income growth, month after month, asset values increase, month after month, trade growth, month after month, and markets growth, month after month.

    Two sea-changes happened under Obama-Biden, Pelosi-Reid. Sea Change (1) was the "Make-Work-Pay," Refundable Income Tax Credit. That was essentially $400.00 per working adult, regardless if they had worked all the year or not. That can become a basis for an indexed national COLA, first-ever engaging even low-income markets an equal amount.

    Change 2 will be the basis set-up of a progressive payroll tax, with upper incomes paying the greater percentage. So far, The Republicans have signed on to the Payroll Tax Holiday.

    So far, the Republicans are not likely to be in control of anything in the next four years.

    "California They've Become, Powerless GOP Now Done! Open up some Pearly Gates, For The RNC Become(?)!"

    "Crow, James Crow: Shaken, Not Stirred!"
    (Many White Eyes Make Strange, Funny, Rain-Dance Tune, even--To empty chair on message board!)
     
  4. Katzndogz
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    Katzndogz Diamond Member

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    There has been no job growth, no income growth, no GDP growth, no trade growth (obama has signed no trade agreements so naturally there can't be job growth. The only growth in the stock market comes from volatility in Europe.

    The growth has been in people shifting from unemployment to disability, rising prices primarily food prices, and rising energy prices.

    What democrats are tying to do is tell people that things are getting better when people can plainly see for themselves that things are not getting better, but getting incrementally worse on a daily basis.
     
  5. mascale
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    mascale VIP Member

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    Anyone has to imagine these people in a war room! That would be like Bush-Cheney first heading off to Afghanistan to try to find Osama Bin Laden, going to war against the Taliban, instead! That would be like Bush-Cheney secondly heading off to Iraq to find Osama bin laden--on the basis that Sadaam Hussein was selling his sworn enemies nuclear weapons!

    Not even Israel was completely on board with that: Though Senator Diane Feinstein was on board with that.

    The planet learned what Bogus was about then, and then again this week in Tampa, FL!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Shoot many arrows, into air! Try to pick fleas and lice from hair! Then Claim Spiders are Everywhere! Hmmm!)
     
  6. techieny
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    techieny Conservative Supporting Member

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    More fiction!!!
     
  7. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    FDR became the greatest liberal hero of all by extending the depression for 10 years so who can blame Barry for seeking a mere 4 year extention.
     
  8. waltky
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    waltky Wise ol' monkey Supporting Member

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    Eurozone a still drag on global growth...
    :eusa_shifty:
    IMF's Christine Lagarde warns of more global growth cuts
    24 September 2012 - Christine Lagarde said the eurozone remains "the epicentre" of global economic worries
     
  9. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    Yes, the Fed just announced it will print money to buy $40 billion of Barry's debt every month because if it didn't no one else would buy the debt and we'd have to declare banruptcy!!....but, the economy looks better and better ... at least if you are a liberal.
     
  10. oldfart
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    oldfart Older than dirt

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    Rubbish. The Fed buys $40 billion a month of mortgage backed securities from banks and credits their reserve account at the Fed. In more normal times, the banks would rush to lend out the money and make more profits, but now they are "hoarding cash" (actually short-term government securities). So they use the deposits with the Fed to bid up US Treasuries at the auction, driving interest rates lower. There is no inflationary effect because banks are sitting on huge excess reserves and not lending.

    There is a robust demand for Treasury securities as evidenced by the auctions, mainly from American corporations and financial institutions. If private interest in buying the debt were declining, the price of bonds would be falling and it's not. Besides, sovereigns can default, but there is no way they can become bankrupt.

    Stop reading rediculous blogs and learn how the monetary system operates.
     

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