"Ten days before his inauguration, the President's chair of the Council of Economic Advisers, Christina Rohmer, released a report describing what to expect economically during the first 100 days and beyond. It presented two starkly different scenarios: one good (if the stimulus were to be passed), and one terrifyingly bad (if we did nothing). Amazingly, the report estimated that if the stimulus package were to pass, the unemployment rate would not go above 8% at any time until at least 2014.
"It's already at 8.5%.
"In fact, while there is an acknowledged level of uncertainty, the projections estimated that the unemployment rate would be lower today if we had done nothing at all. This suggests one of two things: either the administration misjudged the seriousness of our economic problems, or the stimulus plan is actually making things worse. I suspect it's a little of both.
"Remember, when the President's budget was released, he was roundly criticized for his never ending deficits, even under his own optimistic scenarios for growth. The nonpartisan Congressional Budget Office projected deficits that were even uglier. But, if the President and his economic planners were this far off, this soon, how much worse does the future look now?
"The election was supposed to bring 'change,' but I was hoping for more than the letter after the President's name, the positivity of the media coverage, and the hypoallergenic qualities of the White House puppy. President Obama didn't get us into this situation, but so far he's doubling down on the same spending philosophy that did. Common sense tells us that new debt is not the cure for old debt. No matter what the slogans say, that won't change in 100 days or 100 years."
You lost; get over it.
Quote from: Exterminator on April 28, 2009, 12:21:33 PM
You lost; get over it.
you need to take your tunnel vision glasses of there Ex....and wake up!...WE LOST!..
I lost nothing...you lost the ability to say you're as smart as the president.
Quote from: Exterminator on April 28, 2009, 12:27:50 PM
I lost nothing...you lost the ability to say you're as smart as the president.
it will be interesting....to see if you are honest...and see YOUR opinion on things in a couple of years....
same goes for me....IF, things are better or worse.
Quote from: Henry Hawk on April 28, 2009, 12:34:51 PM
it will be interesting....to see if you are honest...and see YOUR opinion on things in a couple of years....
If I'm not satidfied, you'll know it.
Quotesame goes for me....IF, things are better or worse.
We already know what you'll say, not that you're an honest person anyway.
Quote from: Exterminator on April 28, 2009, 12:39:18 PM
Quote from: Henry Hawk on April 28, 2009, 12:34:51 PM
it will be interesting....to see if you are honest...and see YOUR opinion on things in a couple of years....
If I'm not satidfied, you'll know it.
Quotesame goes for me....IF, things are better or worse.
We already know what you'll say, not that you're an honest person anyway.
I have ALWAYS been honest on here...ALWAYS!...BTW... How will I know If you are not satidfied... :razz:
(it is ...s a t i s i f i e d.... ;) )
you need to work on your spelling...
Quote from: Henry Hawk on April 28, 2009, 12:42:58 PM
I have ALWAYS been honest on here...ALWAYS!...
Sorry, pal, but that ship sailed yesterday when you held up an oil industry shill as unbiased.
Quote(it is ...s a t i s i f i e d.... ;) ) you need to work on your spelling...
Only a dumbass wouldn't recognize that as an obvious typo (hint: the 's' and 'd' keys are right next to one another). :biggrin:
Quote from: Exterminator on April 28, 2009, 12:52:33 PM
Quote from: Henry Hawk on April 28, 2009, 12:42:58 PM
I have ALWAYS been honest on here...ALWAYS!...
Sorry, pal, but that ship sailed yesterday when you held up an oil industry shill as unbiased.
Quote(it is ...s a t i s i f i e d.... ;) ) you need to work on your spelling...
Only a dumbass wouldn't recognize that as an obvious typo (hint: the 's' and 'd' keys are right next to one another). :biggrin:
I am NOT a sumbadd...
:biggrin:
Cough, cough, cough........smart as the president??? Gad! Give us a break. He's bankrupting this country on purpose, taking away ownership of GM and leading us into at least a socialist era.
What would you rather have? Getting hit with 9/11 in your first year or starting off with this financial fiasco?
Why isn't HR 1207 flying through congress to bring some transparency to this mess?
Audit the Fed!!!!!
Quote from: Gardengirl on April 28, 2009, 06:47:06 PM
Cough, cough, cough........smart as the president??? Gad! Give us a break. He's bankrupting this country on purpose, taking away ownership of GM and leading us into at least a socialist era.
Good to see that your delusions of grandeur are still intact.
Quote from: DannyBoy on April 28, 2009, 10:53:38 PM
Why isn't HR 1207 flying through congress to bring some transparency to this mess?
The bill has to get out of committee first. Indiana reps on the Financial Services Committee are Carson and Donnelly. Apply pressure.