Weakest Economy on Record

[bripat9643]

We've been decline for 30 or 40 years.

We've actually been in decline since the Wilson administration. Democrats are the reason.

 

[bripat9643]

Will that bring the jobs back from overseas?

Yep, lower taxes will bring in a flood of foreign investment. Capital always migrates to where government confiscates the least of it.

 

[bripat9643]

The Republicans voted down a debt ceiling hike, in a clean bill, in May. That is when the GOP took the debt ceiling hostage for political purposes.

Yeah, Democrats would never do anything for "political purposes!"


Everything in Washington is done for "political purposes," nitwit.

 

[Trajan]

We're a nation in decline. There's nothing substantial that any president can do to change that.

this was your comment. I answered it, read AGAIN my response to Iam, its un-doable becasue YOU now say it is BECAUSE Obama is completely out of his depth and EVEN YOU have run out of excuses for him......

don't ask ME, ask him.

you have defended him, so NOW after all that, its;

" hey uhhh guys, uhm uhhhh guys we are in decline and you know duh de duh de duh....there aint nothing we can do out about it anyway, you know"....

don't feed us that misdirection, dissembling bullshit.

Hes a failure, a not ready for prime time playa', own it.

 

[Trajan]

The holding hostage of the debt ceiiling is harming the economy already

The debt ceiling issue was a live issue for the first 3 months of the year?

You are utterly pitiable.

The Republicans voted down a debt ceiling hike, in a clean bill, in May. That is when the GOP took the debt ceiling hostage for political purposes.

Imbeciles are US must be open early, here for like the 5th time ;

Why Democrats don't want to tie the debt ceiling to the tax cuts
By Ezra Klein
Posted at 4:06 PM ET, 12/ 9/2010

What's important to understand about the debt-ceiling vote -- where Democrats and Republicans will either strike a deal to increase the Treasury's borrowing cap or the country will collapse into default -- is that it's not like Democrats have simply forgotten about it. It's not that they haven't realized that they could tie it to the tax cuts, which Republicans want and which will add $900 billion to the debt. It's that they simply don't want to. “Let the Republicans have some buy-in on the debt. They’re going to have a majority in the House,” said Harry Reid. “I don’t think it should be when we have a heavily Democratic Senate, heavily Democratic House and a Democratic president.”

The theory goes something like this: Republicans will demand sharp spending cuts in return for lifting the debt ceiling. Let them. "Boehner et al have had the luxury of proposing all sorts of ideas that bear no relation to reality," says Jim Manley, Reid's spokesman. "Next year, they’ll have to lay it all out. No more magic asterisks, no more 'we’ll get back to you.’ "

In this telling, the debt ceiling vote represents a trap for Republicans more than an opportunity for Democrats. If Republicans want to cut spending, now's their chance. But that means passing a package of spending cuts, which they may find less enjoyable than simply saying that Democrats should stop spending so much. And if the American people aren't supportive of the Republicans’ spending cuts, the GOP will be caught defending an unpopular package as part of a political gambit that could lead to the bankruptcy of the United State of America.

more at-
Ezra Klein - Why Democrats don't want to tie the debt ceiling to the tax cuts


this was all preordained by obama harry and nancy, ruin out the clock let the media do the rest....and here we are.

 

[iamwhatiseem]

What is important to see here is that economic data is TOTALLY worthless when it is first given.
When the report came out last April that GDP grew by 2% in the first quarter - everyone lauded and joined hands and sang songs. "See the stimulus is working!!!"
Until now.
When the real data comes out and shows absolutely no growth whatsoever.

yup and did you see that Iam? I have seen alike comments over the last month….. what you’re getting now is the first real serious whiff of desperation, as even those with a slobbering love affair with the O, now realize, hes beyond his depth, he is seriously out classed, we have bee told hes the most intelligent pres. we’ve ever had ( I’d debate that in a minute) but in what? Law? And we know this how? And so what, the question is; is he ‘smart’? Answer? No, not very. I think hes just above average at best, not because he can string sentences together and ‘sound’ like he knows what he talking about ( certainly a lawyers forte’)… Hes done…..he never had any ideas of his own, and he won’t be coming up with any, took about a “Hollow Image”…. The rubber, has finally and completely met the road. There are no mysteries left.

So here is the deal; it never was fixable, it was waaay beyond the point of no return ( add some heaping dump trucks full of BOOOOOSH) and there ya go, it cannot be fixed , because? Its beyond the messiah…..so its beyond anyone else.

See NY Carbs posts? That’s the new shift…..and this election coming up? Will set records for negativity, no matter who the rep. candidate will be and no matter ala McCain no matter how he avoids it putting racism etc etc in a cone of silence, you will see obama or his acolytes trot it out for the Hispanics and blacks….its literally ALL HE HAS.

He is immensely out gunned.
For God's sake apparently Obama believes he is the majority whip for the Democrat party!! No one has told him he was elected for President yet. The "lameness" of his past few appearances would be comical if times were not so important.
Both Reagan and Clinton knew how to use their Presidency when "taking it to the American public". Obama is clownish when compared to either of these two.
In all honesty, he looks like a 12 year old kid in a debate club competition.

 

[The Rabbi]

Yes I understand congress didnt play any role and tip was completely honest in the cuts in spending.

LMAO

Reagan cut taxes without getting accompanying spending cuts and thus began the triple digit deficits.

Reagan got re-elected anyway, and thus began the political mindset that you could be fiscally irresponsible without political consequences.

GW Bush confirmed that when he returned us to triple digit deficits by cutting taxes TWICE while starting 2 wars, and returning us to triple digit deficits, and got re-elected anyway.

When Dick Cheney said deficits don't matter, he was referring to the POLITICAL consequences of running deficits, meaning, like Reagan and Bush, you could get re-elected despite being fiscally insane.

Now, because of Reagan, we are in the tax cut death spiral, and BOTH parties (more the GOP than the Democrats) are caught in it. Politicians are now incapable of raising taxes, no matter how much sense it might make at any given time (such as during TWO wars)

AND politicians are incapable of resisting the temptation to cut taxes even more, and,

politicians are incapable of cutting spending unless its the other guys' spending they can cut while protecting their own.

it wasnt actually reagan. You are just blaming the head man. The problem was with the fed chairman. Greenspan who thought deregulation and cutting taxes was the way to go.
Now that he is old and made his money, and said Whoops i might have been wrong.

Neg repped again for utter stupidity and ignorance.
Greenspan wasn't appointed until 1987, virtually at the end of Reagan's second term.
Greenspan also had no influence on fiscal policy. And it doesn't matter what he says now. The truth is that high taxes and high levels of regulation kill business. The latest GDP numbers prove that.

 

[The Rabbi]

What businesses did GW Bush deregulate?

 

[KissMy]

We're a nation in decline. There's nothing substantial that any president can do to change that.

We're in decline because of the policies of Obama, Pelosi and Reid.

Looting the productive members of society so you can dispense the ill-gotten swag to moochers and parasites is a sure ticket to decline.

We've been decline for 30 or 40 years.

OMG! - Do I feel a Carter malaise speech coming on?

 

[Warrior102]

We're a nation in decline. There's nothing substantial that any president can do to change that.

Oh pease shut up.

If this report was released under Bush, you'd be calling for his execution.

Put your nose back up into Obama's ass and STFU.

 

[Warrior102]

it wasnt actually reagan. You are just blaming the head man. The problem was with the fed chairman. Greenspan who thought deregulation and cutting taxes was the way to go.
Now that he is old and made his money, and said Whoops i might have been wrong.

Neg repped again for utter stupidity and ignorance.
Greenspan wasn't appointed until 1987, virtually at the end of Reagan's second term.
Greenspan also had no influence on fiscal policy. And it doesn't matter what he says now. The truth is that high taxes and high levels of regulation kill business. The latest GDP numbers prove that.

You are a fucking retard.

Who do you think Greenspan was friends with?

Paul Volcker - Wikipedia, the free encyclopedia

Paul Volcker, the previous Fed Chairman known for keeping inflation under control, was fired because the Reagan administration didn't believe he was an adequate de-regulator

Greenspan was put in there because he advocated for deregulating Wall street. The truth has is that we have been deregulating our industries from Reagan, Bush, Clinton, Bush and now Obama because they have been following the Greenspan plan of economics. Who do you think is helping obama now? He is a Greenspan lackey you dipshit.

Furthermore Obama continued the Bush tax cuts and what has happened? The economy has stagnated and jobs have gotten worse. Cutting taxes dont create trickle down like you like to argue.

We have already seen with the lower tax rates the rich have they are just keeping their money and creating nothing at all. You back failed polices over and over again because you are a moron.

You need to watch your mouth junior.
You French kiss your <snip> with that tongue?

Sorry - apologize for mentioning that person.

 

[Warrior102]

What businesses did GW Bush deregulate?

Hell, I'd like to know what businesses he hampered, i.e. Obama attcking coal, oil companies, etc. - to support his green intiatives bullshit.

 

[shintao]

The holding hostage of the debt ceiiling is harming the economy already

Live within your means, Retard. What is the National Debt now? Where is it headed? How do you suggest repairing the damage done from over spending, when each year the damage is added to? Is your plan Totalitarian in nature? Just say so. Tax us into servitude. Tax us beyond our means to pay? Confiscate private property to cover Government over indulgences? That makes total sense to you, right. How much vacation time, sick days, and Holiday pay does the average government worker get every year? How many even work 40 hours a week? You are just so right in all of your assumptions, aren't you. Of course when there is real work to be done, how does the Government handle it? They Subcontract. Pennies on the dollar. If your head wasn't so far up your ass, you might see that.

Tell us turd for brains, were you living within your means when you were patting Bush on the back and giving him a reach-around?

 

[LibocalypseNow]

I think the Skyrocketing Food & Gas Prices were the double-whammy we certainly didn't need. That along with High Unemployment does indicate a coming Double-Dip Recession. It's sad.

 

[hellofromwarsaw]

As long as we protect the greedy rich at the expense of everyone else, and refuse to pay the taxes necessary to support the gov't we expect and the infrastructure we need (physical and mental), we will decline. Thanks moron RWers..

 

[Warrior102]

You are a fucking retard.

Who do you think Greenspan was friends with?

Paul Volcker - Wikipedia, the free encyclopedia


Greenspan was put in there because he advocated for deregulating Wall street. The truth has is that we have been deregulating our industries from Reagan, Bush, Clinton, Bush and now Obama because they have been following the Greenspan plan of economics. Who do you think is helping obama now? He is a Greenspan lackey you dipshit.

Furthermore Obama continued the Bush tax cuts and what has happened? The economy has stagnated and jobs have gotten worse. Cutting taxes dont create trickle down like you like to argue.

We have already seen with the lower tax rates the rich have they are just keeping their money and creating nothing at all. You back failed polices over and over again because you are a moron.

You need to watch your mouth junior.
You French kiss your Grandmother with that tongue?

no just your wife..fucktard

What we have here ladies and gentlemen - is a ball-less, public-school educated, caring and nurturing Liberal.

Typicial.

You represent your party well Komrade. Hopefully assholes like you will be out in force for the Presidential election.

Have a nice day, dickless.

 

[The Rabbi]

What businesses did GW Bush deregulate?

Still, the White House, in the view of critics, fostered a free-market hothouse in which these excesses were able to flower. It avoided regulation of banks and mortgage brokers, leaving much of that work to the Federal Reserve, which, under Alan Greenspan, showed little appetite for regulation. By the time Bush's current Treasury secretary, Henry Paulson Jr., proposed an overhaul of regulations governing the financial sector in April, the storm was already brewing.


To some extent, Bush was simply following a deregulatory pattern set by Clinton. Perhaps the most significant recent deregulation of the banking industry - the landmark act that allowed commercial banks to expand into other financial activities, like investment banking and insurance - was signed into law by Clinton in 1999

In other areas, the Bush administration's failures seem more a case of inaction. The administration, economists said, did little to curb the practices of mortgage brokers, who are regulated by the states. But Democrats in Congress were equally to blame for this, these economists said.

Bush can share the blame for financial crisis - The New York Times

again they are all to blame....and this is why you are a partisan hack who can only blame the left for our troubles.

Thank you for punting on the other issues.

So Bush did not deregulate any industry at all. We thought so.
Thanks for playing. And wipe your chin.

 

[Warrior102]

What businesses did GW Bush deregulate?

Still, the White House, in the view of critics, fostered a free-market hothouse in which these excesses were able to flower. It avoided regulation of banks and mortgage brokers, leaving much of that work to the Federal Reserve, which, under Alan Greenspan, showed little appetite for regulation. By the time Bush's current Treasury secretary, Henry Paulson Jr., proposed an overhaul of regulations governing the financial sector in April, the storm was already brewing.


To some extent, Bush was simply following a deregulatory pattern set by Clinton. Perhaps the most significant recent deregulation of the banking industry - the landmark act that allowed commercial banks to expand into other financial activities, like investment banking and insurance - was signed into law by Clinton in 1999

In other areas, the Bush administration's failures seem more a case of inaction. The administration, economists said, did little to curb the practices of mortgage brokers, who are regulated by the states. But Democrats in Congress were equally to blame for this, these economists said.

Bush can share the blame for financial crisis - The New York Times

again they are all to blame....and this is why you are a partisan hack who can only blame the left for our troubles.

Thank you for punting on the other issues.

So Bush did not deregulate any industry at all. We thought so.
Thanks for playing. And wipe your chin.

Right behind Truthmatters - Pissball is probably the biggest idiot on the Internets.

 

[The Rabbi]

again they are all to blame....and this is why you are a partisan hack who can only blame the left for our troubles.

Thank you for punting on the other issues.

So Bush did not deregulate any industry at all. We thought so.
Thanks for playing. And wipe your chin.

not the bold shortstick....Like i said you have nothing, beyond being a partisan hack.

From what i have seen Bush didnt actually dereg anything, but he continued the practices of deregulation policies. Not fixing the mistakes of Clinton help create the crisis we have today.

Again i know you never want to blame your side of the isle for anything, But seriously this shtick is old.

you stay safe with cherry picking.

Note the bolded part.
Yes, the bottom line is Bush did not deregulate anything. So your initial post on the matter was simply either uninformed or a deliberate lie. Could be both, of course.

 

[KissMy]

GDP numbers released this AM. Growth fell to 1.3% annual for the first 6 months. January to March, originally estimated at an already weak 1.3% were revised down to 0.4%, which is essentiallly no growth at all.
This was supposed to be the recovery. Compared to past recoveries this is the weakest on record. It is a double dip recession coming, with increasing news of layoffs.
Obamanomics has failed, utterly and completely. Anyone who even tries to defend this record reveals himself as a kook or a moron.
Economy slowed sharply in first half of year - Yahoo! News

The Obama administration overstated the first quarter GDP by 80%. They even revised December 2010 down to prevent the first quarter 2011 from showing negative growth. There is no recovery, Just smoke & mirrors.