Republicans have a poor understanding of economics. They should have no place in making policy

[EdwardBaiamonte]

FACTS on Dubya s great recession

dumbto3 loves that a liberal was in office when the recession occured??

See why we are positive that liberalism is based in pure ignorance.

 

[EdwardBaiamonte]

Proposing? Hell do you know the Congress actually has tax/spending power? lol

Congress also has the power to support making debt and deficits illegal. Since Jefferson only Republicans have supported this while Democrats have spied for Hitler and Stalin and elected single payer lib commie Obama wanting not to go smaller but to go far far bigger.

Do you lack the IQ to understand?[/QUOTE]

 

[Dad2three]

FACTS on Dubya s great recession

dumbto3 loves that a liberal was in office when the recession occured??

See why we are positive that liberalism is based in pure ignorance.

Yeah, Dubya wasn't a REPUBLICAN LIKE YOU KEEP SAYING WANTED BALANCED BUDGETS AND SMALL GOV'T, No he was 'liberal' lol



"pure ignorance'

Agreed, you are

 

[Dad2three]

Bush, who increased the U6 rate a whopping 126% from the time he was elected until the end of the Great Recession.

too stupid of course since 1) Bush was a liberal and 2) his policies did not cause the housing bubble.

See why we say liberalism is based in pure ignorance.

IS it the Republican's (Dubya) who know how to run a nation or not Bubba? lol



"1) Bush was a liberal and 2) his policies did not cause the housing bubble. "



Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse



Bush's documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Investment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.


NOT DUBYA OR HIS POLICIES:

LOL
FACTS on Dubya s great recession US Message Board - Political Discussion Forum

 

[EdwardBaiamonte]

IS it the Republican's (Dubya) who know how to run a nation or not Bubba? lol

too stupid of course since it obviously depends on whether they are conservative or liberal Republicans.

One has to talk to a liberal as if he is a child.

 

[Dad2three]

IS it the Republican's (Dubya) who know how to run a nation or not Bubba? lol

too stupid of course since it obviously depends on whether they are conservative or liberal Republicans.

One has to talk to a liberal as if he is a child.

Of course, you get to make distinctions like was he a real Repug or just a RINO right? lol

He was conservative when he gave tax cuts, but liberal when he cheered on the housing bubble like the bill, ADDI (dream down payments for 40,000 families a year) that 100% OF THE GOP VOTED FOR IN CONGRESS (and was sponsored by the GOP

From the 2000 GOP Platform:

“Implement the “American Dream Down Payment” program, which will allow a half million families who currently draw federal rental assistance to become homeowners, and allow families receiving federal rental payments to apply one year’s worth of their existing assistance money toward the purchase of their own first home, thus becoming independent of any further government housing assistance. This approach builds upon our long standing commitment to resident management of public housing and other initiatives.”

Passed: December 16, 2003 — American Dream Down Payment Initiative (ADDI)


“We can put light where there’s darkness, and hope where there’s despondency in this country. And part of it is working together as a nation to encourage folks to own their own home.” — President Bush, Oct. 15, 2002


LOL

 

[EdwardBaiamonte]

Of course, you get to make distinctions like was he a real Repug or just a RINO right? lol

dear, if you think Bush was a real conservative then please tell us why keeping in mind that govt grew more under him than anybody.

See why we have to be 100% positive that liberalism is based in pure ignorance

 

[Dad2three]

Of course, you get to make distinctions like was he a real Repug or just a RINO right? lol

dear, if you think Bush was a real conservative then please tell us why keeping in mind that govt grew more under him than anybody.

See why we have to be 100% positive that liberalism is based in pure ignorance

You mean when he had a GOP CONGRESS??? Weird

 

[EdwardBaiamonte]

Of course, you get to make distinctions like was he a real Repug or just a RINO right? lol

dear, if you think Bush was a real conservative then please tell us why keeping in mind that govt grew more under him than anybody.

See why we have to be 100% positive that liberalism is based in pure ignorance

You mean when he had a GOP CONGRESS??? Weird

too stupid strikes again!! You need a conservative congress not a GOP congress.

Notice you have to be talked too like a little child? I'm ashamed for you.

 

[Dad2three]

Of course, you get to make distinctions like was he a real Repug or just a RINO right? lol

dear, if you think Bush was a real conservative then please tell us why keeping in mind that govt grew more under him than anybody.

See why we have to be 100% positive that liberalism is based in pure ignorance

You mean when he had a GOP CONGRESS??? Weird

too stupid strikes again!! You need a conservative congress not a GOP congress.

Notice you have to be talked too like a little child? I'm ashamed for you.

So for the third time, 100% of the Repugs who supported Dubya's ADDI (40,000 a year free down payments), weren't conservatives?? lol

 

[Faun]

Bush, who increased the U6 rate a whopping 126% from the time he was elected until the end of the Great Recession.

too stupid of course since 1) Bush was a liberal and 2) his policies did not cause the housing bubble.

See why we say liberalism is based in pure ignorance.

1) you're insane.

2) Duhbya took credit for it, even though you try to defend him.

3) By your definition, you are a liberal

 

[EdwardBaiamonte]

Duhbya took credit for it, even though you try to defend him.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

 

[Faun]

Duhbya took credit for it, even though you try to defend him.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

Hmmm .... whom to believe ... ?

The man boasting about how his political party's policies had driven up home ownership? Or a deranged Liberal in an chat room in cyberspace.

.... tough choice.

 

[Faun]

Reducing the U.S. population by 20 million would creat 40 million jobs?????? That's some wonky math you're using Eddie.
.

dear, you lack the IQ to be here. I'm sorry. If you ship the illegals home that would create 20 million new jobs, bring back 30 million more by making unions illegal again, and another 20 million by eliminating the corporate tax.

Get it 1+ 1=2

What a great example of how retarded conservatives are and why their ideas are best left ignored.

Here we have a crazy one who claims his conservative ideas would add 70,000,000 jobs. But let's put that idiot's numbers under a microscope and take a closer look...

The civilian noninstitutional population in this country is about 249 million. Fruit loop dingus here wants to subtract 20 million, leaving 229 million.

Currently, there are 147 million people working. Plus fruitloop's imaginary 70 million he thinks he could get back to work is 217 million.

The idiot who struggles with 1+1 is actually claiming conservative ideas would get 217 million out of 229 million people working, or 95% of the total population age 16 and over.



That includes roughly 95% of 16 year olds in high school ... 95% of senior citizens, including 90 year olds with walkers, like himself.

Compare his hallucinations to reality when we had the lowest unemployment rate in the last half century. 3.9% in 2000. And even then we had 65% of the adult population employed.

Do you see now why so many people think you're insane?

dear, are you saying that making unions illegal again would not bring back 30 million jobs? This is a yes or no question.

What I'm sayin' is ... you're a complete fruitcake. Batshit crazy. Your economic plan reveals it better than I ever could.

You have to be beyond crazy to think your ideas could lead to 95% employment among ALL adults.

 

[EdwardBaiamonte]

Reducing the U.S. population by 20 million would creat 40 million jobs?????? That's some wonky math you're using Eddie.
.

dear, you lack the IQ to be here. I'm sorry. If you ship the illegals home that would create 20 million new jobs, bring back 30 million more by making unions illegal again, and another 20 million by eliminating the corporate tax.

Get it 1+ 1=2

What a great example of how retarded conservatives are and why their ideas are best left ignored.

Here we have a crazy one who claims his conservative ideas would add 70,000,000 jobs. But let's put that idiot's numbers under a microscope and take a closer look...

The civilian noninstitutional population in this country is about 249 million. Fruit loop dingus here wants to subtract 20 million, leaving 229 million.

Currently, there are 147 million people working. Plus fruitloop's imaginary 70 million he thinks he could get back to work is 217 million.

The idiot who struggles with 1+1 is actually claiming conservative ideas would get 217 million out of 229 million people working, or 95% of the total population age 16 and over.



That includes roughly 95% of 16 year olds in high school ... 95% of senior citizens, including 90 year olds with walkers, like himself.

Compare his hallucinations to reality when we had the lowest unemployment rate in the last half century. 3.9% in 2000. And even then we had 65% of the adult population employed.

Do you see now why so many people think you're insane?

dear, are you saying that making unions illegal again would not bring back 30 million jobs? This is a yes or no question.

What I'm sayin' is ... you're a complete fruitcake. Batshit crazy. Your economic plan reveals it better than I ever could.

You have to be beyond crazy to think your ideas could lead to 95% employment among ALL adults.

dear, do you think by making unions illegal again and by eliminating corporate taxes we could bring 30 million jobs back? If not how many? Thanks

 

[EdwardBaiamonte]

Duhbya took credit for it, even though you try to defend him.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

Hmmm .... whom to believe ... ?

The man boasting about how his political party's policies had driven up home ownership? Or a deranged Liberal in an chat room in cyberspace.

.... tough choice.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

 

[Dad2three]

Duhbya took credit for it, even though you try to defend him.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

Hmmm .... whom to believe ... ?

The man boasting about how his political party's policies had driven up home ownership? Or a deranged Liberal in an chat room in cyberspace.

.... tough choice.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

So for the FOURTH time, 100% of the Repugs who supported Dubya's ADDI (40,000 a year free down payments), weren't conservatives?? lol

 

[Faun]

Duhbya took credit for it, even though you try to defend him.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

Hmmm .... whom to believe ... ?

The man boasting about how his political party's policies had driven up home ownership? Or a deranged Liberal in an chat room in cyberspace.

.... tough choice.

too stupid and typically liberal!! Do you think Bush is the first guy in the world to try to take undeserved credit for something!!!OMG!!!

Imbecile .... his party passed the policies to back that claim up.

Are you always this stupid?

 

[Faun]

Reducing the U.S. population by 20 million would creat 40 million jobs?????? That's some wonky math you're using Eddie.
.

dear, you lack the IQ to be here. I'm sorry. If you ship the illegals home that would create 20 million new jobs, bring back 30 million more by making unions illegal again, and another 20 million by eliminating the corporate tax.

Get it 1+ 1=2

What a great example of how retarded conservatives are and why their ideas are best left ignored.

Here we have a crazy one who claims his conservative ideas would add 70,000,000 jobs. But let's put that idiot's numbers under a microscope and take a closer look...

The civilian noninstitutional population in this country is about 249 million. Fruit loop dingus here wants to subtract 20 million, leaving 229 million.

Currently, there are 147 million people working. Plus fruitloop's imaginary 70 million he thinks he could get back to work is 217 million.

The idiot who struggles with 1+1 is actually claiming conservative ideas would get 217 million out of 229 million people working, or 95% of the total population age 16 and over.



That includes roughly 95% of 16 year olds in high school ... 95% of senior citizens, including 90 year olds with walkers, like himself.

Compare his hallucinations to reality when we had the lowest unemployment rate in the last half century. 3.9% in 2000. And even then we had 65% of the adult population employed.

Do you see now why so many people think you're insane?

dear, are you saying that making unions illegal again would not bring back 30 million jobs? This is a yes or no question.

What I'm sayin' is ... you're a complete fruitcake. Batshit crazy. Your economic plan reveals it better than I ever could.

You have to be beyond crazy to think your ideas could lead to 95% employment among ALL adults.

dear, do you think by making unions illegal again and by eliminating corporate taxes we could bring 30 million jobs back? If not how many? Thanks

Sorry, fruitcake. I'm not as moronic as you to throw out some meaningless number just so I can look as stupid as you did in that post.

But I do appreciate you posting it. It demonstrates conservative thinking perfectly -- dreaming up nonsense based on a failed ideology and it doesn't even matter if it's possible or not -- you still believe it because you truly are that dedicated to crazy.

 

[Dad2three]

To Establish Fiscal Discipline, President Clinton:

Enacted the 1993 Deficit Reduction Plan without a Single Republican Vote.


"The deficit has come down, and I give the Clinton Administration and President Clinton himself a lot of credit for that. [He] did something about it, fast. And I think we are seeing some benefits."
— Paul Volcker, Federal Reserve Board Chairman (1979-1987), in Audacity, Fall 1994


"Clinton's 1993 budget cuts, which reduced projected red ink by more than $400 billion over five years, sparked a major drop in interest rates that helped boost investment in all the equipment and systems that brought forth the New Age economy of technological innovation and rising productivity."
— Business Week, May 19, 1997



Here’s what conservative politicians said about the 1993 deficit reduction legislation that raised taxes on the top 1.2% of our wealthiest citizens:



"Clearly, this is a job-killer in the short-run. The impact on job creation is going to be devastating." —Rep. Dick Armey, (Republican, Texas)


"The tax increase will…lead to a recession…and will actually increase the deficit."

—Rep. Newt Gingrich (Republican, Georgia)


"I will make you this bet. I am willing to risk the mortgage on it…the deficit will be up; unemployment will be up; in my judgment, inflation will be up."

—Sen. Robert Packwood (Republican, Oregon)


"The deficit four years from today will be higher than it is today, not lower."

—Sen. Phil Gramm (Republican, Texas)


"The President promised a middle-class tax cut, yet he and his party imposed the largest tax increase in American history. We hope his higher taxes will not cut short the economic recovery and declining interest rates he inherited… Instead of stifling growth through higher taxes and increased government regulations, Republicans would take America in a different direction."

—Sen. Robert Dole (Republican, Kansas)




One month after the bill passed, the CBO’s new estimate of the 1988 deficit was down to $200 billion. The CBO explained the dramatic improvement this way: “For the first time in two and one-half years, the deficit projections have taken a decided turn for the better… The reconciliation act deserves most of the credit for the improvement over the long run.” Indeed, of the $160 billion improvement from March to September of that year, CBO directly credited OBRA with $143 billion. In fact, OBRA turns out to have been the single largest contributor to the 1998 surplus.


After OBRA, the second largest contributor to fiscal improvement over the period was the rapidly strengthening economy. As the economy improved, the government began to take in more revenue than expected, since taxpayers were making more money, and had to spend somewhat less than expected, as poverty declined and the demand for social services declined with it.



Not So Fast Newt Center for American Progress