Cantor pulls out of Biden debt talks

[LadyGunSlinger]

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf <----from the president's own team.

Prior to their being a team. Plus, I see no promises made there.

Dude, this has already been addressed. Try to keep up.

You're making a total fool of yourself in this thread but be my guest. LMAO!!!

 

[PLYMCO_PILGRIM]

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf <----from the president's own team.

Prior to their being a team. Plus, I see no promises made there.

Dude, this has already been addressed. Try to keep up.

They were obama's advisors and this report was used as justification for the failed stimulus.

Im just here to give you the facts. Remember i fixed your misconception about the unemployemnt a few pages back? YOu didn't acknowledge you were wrong since unemployment is now 1.9% higher than the month obama took office.

 

[DontBeStupid]

You're making a total fool of yourself in this thread

Says the woman who posted a link proving my side right.

 

[boedicca]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

LOL! You don't know shit about economics, do you?

*ouch*

That hurt.

 

[boedicca]

I said the Obama Administration, you Barking Moonbat.

Christine Romer, who was Obama's chief economist, made that prediction as she shilled for the Stimulus Bill.

Yeah, and she made it prior to Obama being in office. So, you want to hold Obama responsible for something someone said prior to his being in office??

Wow. Petty much?

What a tool. His transition team put together the plan in order to get the stimulus bill passed as quickly as possible.

It must really hurt to be as ignorant as you are. Get help.

 

[DontBeStupid]

They were obama's advisors and this report was used as justification for the failed stimulus.

Im just here to give you the facts. Remember i fixed your misconception about the unemployemnt a few pages back? YOu didn't acknowledge you were wrong since unemployment is now 1.9% higher than the month obama took office.

1) They were his advisers and their projections were made prior to being in office when they had all the information. They made their best projections given the info they had, and YOU somehow think that translates into a promise? How? And why then are you completely ignoring the projections, from the SAME REPORT, that say unemployment could 11% without stimulus?
2) The stimulus did not fail. Any economist not on payroll at Heritage Foundation will agree that it added millions of jobs and got the economy growing again.
3) Acknowledge what? That unemployment went up after Obama came into office? Of course I acknowledge that! It's true! It's reality! What I don't acknowledge is that he caused that increase. Care to prove he did? And also, do you acknowledge that unemployment went DOWN from its peak to our current 9.1%? Can we at least agree 9.1 is less than 10.1?

 

[Political Junky]

Harry Reid has just said that those talks will resume with him, Boehner, and President Obama.

 

[Salt Jones]

Paul Krugman has a great blog on the topic and is a Nobel Prize winner.

Oh.Mi.Frelling.Gawd.

*snort*

Krugman is an idiot.

Will you give examples of why Krugman is an idiot?

 

[rightwinger]

Republicans are not interested in reducing debt unless their top 1% buddies can make some money out of it

 

[LadyGunSlinger]

PolitiFact | Will: Obama said stimulus would cap unemployment at 8 percent


CHOKE ON IT..

From the article you linked ...

"we could find no instance of anyone in the administration directly making such a public pledge. "

So, there's that, which basically proves my point. Thanks. Oh, and thanks for this, from the article as well ...

"Forecasts of the unemployment rate without the recovery plan vary substantially. Some private forecasters anticipate unemployment rates as high as 11% in the absence of action."

So, my bad about that. I thought it was 12% and it was 11%. Thanks for correcting me.

OMG, LIAR.. Do you think everyone is just going to take your word being you've lied your ass off throughout this entire thread???

From the article:

"No," Will said, "because he (Obama) is an expert on snake oil. This is the man who said if we pass the $767 billion stimulus bill -- which it turns out cost $862 billion, a $95 billion oops -- we would have unemployment at 8 percent and no higher. And it went higher."
First, we could find no instance of anyone in the administration directly making such a public pledge. Rather, it comes via a Jan. 9, 2009, report called "The Job Impact of the American Recovery and Reinvestment Plan" from Christina Romer, chairwoman of the president's Council of Economic Advisers, and Jared Bernstein, the vice president's top economic adviser.

Their report projected that the stimulus plan proposed by Obama would create 3 million to 4 million jobs by the end of 2010. The report also included a chart predicting unemployment rates with and without the stimulus. Without the stimulus (the baseline), unemployment was projected to hit about 8.5 percent in 2009 and then continue rising to a peak of about 9 percent in 2010. With the stimulus, they predicted the unemployment rate would peak at just under 8 percent in 2009.



So you see, once again the LIBERAL LIAR is using smoke N mirrors to deflect the truth.. "IT WAS A PROJECTION SO IT DOESN'T COUNT." ROFLMAO-- Sean Hannity often has a clip of Obama saying, "Just words, words have meaning." Don't look now leftist but you just got biatchslapped~

 

[DontBeStupid]

His transition team put together the plan in order to get the stimulus bill passed as quickly as possible.

And I never said they didn't. But they put it together prior to Obama being in office. Prior to him and all of them, getting full access to all information. Do you not remember all the talk in February 2009 about how the economy was worse than anyone predicted?

I mean, you're basically hating Obama for a projection someone on his team did prior to being on the job! That's insane!

Have you ever heard of someone getting in trouble at work prior to even starting??

 

[mudwhistle]

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf <----from the president's own team.

Prior to their being a team. Plus, I see no promises made there.

Dude, this has already been addressed. Try to keep up.

It was never a promise.

It was like everything else they say, a projection that turned out to be ether a lie or wrong from the gitgo.

They sold the Stimulus on these types of projections.

Saying they had to put it in the form of a promise is a bogus argument.

 

[PLYMCO_PILGRIM]

They were obama's advisors and this report was used as justification for the failed stimulus.

Im just here to give you the facts. Remember i fixed your misconception about the unemployemnt a few pages back? YOu didn't acknowledge you were wrong since unemployment is now 1.9% higher than the month obama took office.

1) They were his advisers and their projections were made prior to being in office when they had all the information. They made their best projections given the info they had, and YOU somehow think that translates into a promise? How? And why then are you completely ignoring the projections, from the SAME REPORT, that say unemployment could 11% without stimulus?
2) The stimulus did not fail. Any economist not on payroll at Heritage Foundation will agree that it added millions of jobs and got the economy growing again.
3) Acknowledge what? That unemployment went up after Obama came into office? Of course I acknowledge that! It's true! It's reality! What I don't acknowledge is that he caused that increase. Care to prove he did? And also, do you acknowledge that unemployment went DOWN from its peak to our current 9.1%? Can we at least agree 9.1 is less than 10.1?

1)

First, the likely scale of employment loss is extremely large. The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus,the economy could lose another 3 to 4 million more. Thus, we are working to counter a potentialtotal job loss of at least 5 million. As Figure 1 shows, even with the large prototypical package, the
unemployment rate in 2010Q4 is predicted to be approximately 7.0%, which is well below the approximately 8.8% that would result in the absence of a plan

That is the claim of Obama's economic team at the time

2) According to the claims of obama's own stimulus projections from his team his stimulus has indeed failed. They claimed it would be down to approx 7% by now and its way higher, that is a failure. The claim is in the link

3) unemployment is actually climbing again right now Bureau of Labor Statistics Data

 

[Political Junky]

Harry Reid has just said that those talks will resume with him, Boehner, and President Obama.

Here's the link:
US Sen.Reid: Budget Deal Now in Hands of Obama, Boehner, Reid | ForexLive

&#8211;Senate Majority Leader Scorches Cantor, Kyl For &#8216;Giving Up&#8217;
&#8211;Going To &#8216;Do Something&#8217; On Debt Limit By Aug. 2
&#8211;Sen. Schumer: Budget Talks Will Resume at Higher Level
By John Shaw
WASHINGTON (MNI) &#8211; Senate Majority Leader Harry Reid Thursday
ridiculed House Majority Leader Eric Cantor and Senate Minority Whip Jon
Kyl for displaying a &#8220;non adult attitude&#8221; by abandoning important
budget talks led by Vice President Biden.
In comments to reporters after a Senate Democratic luncheon, Reid
said it now appears that the final budget negotiations will be in the
&#8220;hands&#8221; of President Barack Obama, House Speaker John Boehner and &#8212;
&#8220;sadly&#8221; &#8212; himself.
<more>

 

[The T]

I said the Obama Administration, you Barking Moonbat.

Christine Romer, who was Obama's chief economist, made that prediction as she shilled for the Stimulus Bill.

Yeah, and she made it prior to Obama being in office. So, you want to hold Obama responsible for something someone said prior to his being in office??

Wow. Petty much?

What a tool. His transition team put together the plan in order to get the stimulus bill passed as quickly as possible.

It must really hurt to be as ignorant as you are. Get help.

At least the poster is honest? It picked a screen moniker that is projectionist.

 

[DontBeStupid]

Their report projected that the stimulus plan proposed by Obama would create 3 million to 4 million jobs by the end of 2010. The report also included a chart predicting unemployment rates with and without the stimulus. Without the stimulus (the baseline), unemployment was projected to hit about 8.5 percent in 2009 and then continue rising to a peak of about 9 percent in 2010. With the stimulus, they predicted the unemployment rate would peak at just under 8 percent in 2009.

Projected is NOT the same as promised. You all have been saying

Obama promised unemployment would not go over 8%

Even though he never did! He never promised that! You show projections from before he took office and somehow think that proves you right, but it doesn't. None of you have yet to produce any shred of evidence that shows Obama, or ANYONE on his team PROMISING ANYTHING in regards to unemployment.

At the same time, you attack and insult me because I mention a projection that is in the SAME REPORT that you are using to attack Obama! I mean, jesus christ, you blindly ignore one section of the report and then take a different one as Gospel According to Rove.

No wonder there is such a divide in this country. Half of you refuse to accept reality.

 

[DontBeStupid]

That is the claim of Obama's economic team at the time

AT THE TIME. And what time was that? Oh right, prior to even being in office! Prior to getting access to all Bush's team's information on the recession. Prior to virtually every economist adjusting their unemployment projections upward.

I mean, wow, if the weatherman ever predicts rain next week and it isn't, do you storm the news studio demanding he be fired because he "promised rain" ??

 

[Trajan]

Harry Reid has just said that those talks will resume with him, Boehner, and President Obama.

Here's the link:
US Sen.Reid: Budget Deal Now in Hands of Obama, Boehner, Reid | ForexLive

–Senate Majority Leader Scorches Cantor, Kyl For ‘Giving Up’
–Going To ‘Do Something’ On Debt Limit By Aug. 2
–Sen. Schumer: Budget Talks Will Resume at Higher Level
By John Shaw
WASHINGTON (MNI) – Senate Majority Leader Harry Reid Thursday
ridiculed House Majority Leader Eric Cantor and Senate Minority Whip Jon
Kyl for displaying a “non adult attitude” by abandoning important
budget talks led by Vice President Biden.


In comments to reporters after a Senate Democratic luncheon, Reid
said it now appears that the final budget negotiations will be in the
“hands” of President Barack Obama, House Speaker John Boehner and —
“sadly” — himself.
<more>

why yes of course its 'sad' ....because well, he has to gosh make a decision that he may not like and he gets paid for it..but what the hell...cowboy poetry for everyone

..what a joke, Reid has got to be the worst maj. ldr. in 50 years from either side of the aisle.

 

[LadyGunSlinger]

Their report projected that the stimulus plan proposed by Obama would create 3 million to 4 million jobs by the end of 2010. The report also included a chart predicting unemployment rates with and without the stimulus. Without the stimulus (the baseline), unemployment was projected to hit about 8.5 percent in 2009 and then continue rising to a peak of about 9 percent in 2010. With the stimulus, they predicted the unemployment rate would peak at just under 8 percent in 2009.

Projected is NOT the same as promised. You all have been saying

Obama promised unemployment would not go over 8%

Even though he never did! He never promised that! You show projections from before he took office and somehow think that proves you right, but it doesn't. None of you have yet to produce any shred of evidence that shows Obama, or ANYONE on his team PROMISING ANYTHING in regards to unemployment.

At the same time, you attack and insult me because I mention a projection that is in the SAME REPORT that you are using to attack Obama! I mean, jesus christ, you blindly ignore one section of the report and then take a different one as Gospel According to Rove.

No wonder there is such a divide in this country. Half of you refuse to accept reality.

You're as lame and limp as the asshole you lie for.

 

[DontBeStupid]

You're as lame and limp as the asshole you lie for.

Heh heh cute retort.

But, I guess once you've been shown how wrong you are, all you have left is insults.