http://www.marketwatch.com/story/story/print?guid=42483FF6-7EB2-416F-B492-46677367EBAC (http://www.marketwatch.com/story/story/print?guid=42483FF6-7EB2-416F-B492-46677367EBAC)
Jobless claims rise 18,000!!! and we was promised that unemployment would NOT rise above 8% IF this package was passed?
it seems to me that we should have taken a page out of the history books and mimic what Mr. Reagan did....and that was CUT TAXES, to stimulate the economy...............but it seems as if we are now doing the exact opposite. :confused: :rolleyes:
But Henry the immediate economic turn around from the health care package being passed will be kicking in any time now and those 700 who lost jobs in Muncie at Sally Mae because of the government taking over student loans will be able to find jobs real quick to replace them.
Speaking of health care...I would like to have it. :( I was on medicaid until March 31st. Then they took it away from me because I don't have any children under 16 living with me any longer. Never mind the 18 year old that is still in high school and relies on me to support her, somehow.
Quote from: Henry Hawk on April 08, 2010, 02:20:58 PM
http://www.marketwatch.com/story/story/print?guid=42483FF6-7EB2-416F-B492-46677367EBAC (http://www.marketwatch.com/story/story/print?guid=42483FF6-7EB2-416F-B492-46677367EBAC)
Jobless claims rise 18,000!!! and we was promised that unemployment would NOT rise above 8% IF this package was passed?
it seems to me that we should have taken a page out of the history books and mimic what Mr. Reagan did....and that was CUT TAXES, to stimulate the economy...............but it seems as if we are now doing the exact opposite. :confused: :rolleyes:
Henry, I wouldn't believe a word you and your twin has to say. You could have your tongues notarized and I still wouldn't believe a word you guys say. All you do is talk the Fox News Channel. The Republicans talking points. Which is Bs, Bs, Bs and more Bs. :rolleyes: :rolleyes: :yes:
We got two George W. wars were fighting and you want to cut taxed. The word Brainless doesn't cover you guys. :yes: The Troll.
Quote from: The Troll on April 08, 2010, 02:53:19 PM
Henry, I wouldn't believe a word you and your twin has to say. You could have your tongues notarized and I still wouldn't believe a word you guys say. All you do is talk the Fox News Channel. The Republicans talking points. Which is Bs, Bs, Bs and more Bs. :rolleyes: :rolleyes: :yes:
We got two George W. wars were fighting and you want to cut taxed. The word Brainless doesn't cover you guys. :yes: The Troll.
tell me what is not to believe here? the 18,000 lost jobs?......seriously Toll meister, what don't you understand with my statement....there is NOTHING I said that is not true....I will be waiting.
Surely you are not solely saddling the POTUS with those 18,000 jobs lost?
There were a lot more things that have driven that other than a health care initiative; like the economy for instance. And we all know what is to blame for that fine mess now don't we?
And excuse me but I sure don't believe for one instance that any tax cuts would have achieved anything other than letting those with all the money keep a little bit more of it. Us working class stiffs would still be in this mess and paying taxes on unemployment INSURANCE we paid for with our blood, sweat, and tears. . .
Quote from: Henry Hawk on April 08, 2010, 05:14:54 PM
tell me what is not to believe here? the 18,000 lost jobs?......seriously Toll meister, what don't you understand with my statement....there is NOTHING I said that is not true....I will be waiting.
What about the 8 million that was lost under George W. through deregulation the Republican stock market bubble burst. Damn it you old buzzard, you always forget about George W.. Is your whole life just one BIG BRAIN FART. :yes: :yes: :yes:
George W. leaves office, shitting all over this country making the most ungodly stinking mess and you expect Obama to clean it up in 6 months. Buzzard even you with the help of your God couldn't clean up this F*#king stinking mess, your foricating Republican Party has created. :yes: :yes:But I still love you. :laugh: :laugh: :yes: Oh yes, about you spelling what is "meister"
The Troll :razz: :razz: :wink: :smile: :laugh: :laugh:
The word Meister originally means "master" in German. . .
Quote from: Palehorse on April 08, 2010, 05:36:07 PM
Surely you are not solely saddling the POTUS with those 18,000 jobs lost?
NO, but I am making a point about Pelosi, the Potus and the dems who was jiggy with spending a trillion dollars and proclaiming THAT if we didn't spend this money, we was doomed...and if we did, unemployement would not exceed 8%...and it has blown WAY past that and not getting any better and it has been a year later....
and YES, tax cuts for small business' and individuals would have absolutly stimulated the economy....instead of letting folks go, they could have hung on to them...
Quote from: Henry Hawk on April 09, 2010, 08:26:41 AM
NO, but I am making a point about Pelosi, the Potus and the dems who was jiggy with spending a trillion dollars and proclaiming THAT if we didn't spend this money, we was doomed...and if we did, unemployement would not exceed 8%...and it has blown WAY past that and not getting any better and it has been a year later....
and YES, tax cuts for small business' and individuals would have absolutly stimulated the economy....instead of letting folks go, they could have hung on to them...
Henry, post after post after post you have said how f*#king poor you are. Poor as a church mouse. Going to a church that is tax free, that lives off of the other tax payers that don't do a damn thing for us. :'( :'( :'( :rolleyes: :rolleyes:
With the small amount of tax you pay on that small amount of money you make. Wouldn't buy a Happy Meal at McDonald's. :rolleyes: :rolleyes: :'(
The Troll :wink: :biggrin:
Quote from: Henry Hawk on April 09, 2010, 08:26:41 AM
NO, but I am making a point about Pelosi, the Potus and the dems who was jiggy with spending a trillion dollars and proclaiming THAT if we didn't spend this money, we was doomed...and if we did, unemployement would not exceed 8%...and it has blown WAY past that and not getting any better and it has been a year later....
and YES, tax cuts for small business' and individuals would have absolutly stimulated the economy....instead of letting folks go, they could have hung on to them...
So in other words, there is zero margin for error, and your automatic assumption is that congress done nothing everything would be a lot better right now?
Quote from: Henry Hawk on April 08, 2010, 02:20:58 PM
it seems to me that we should have taken a page out of the history books and mimic what Mr. Reagan did....and that was CUT TAXES, to stimulate the economy...............but it seems as if we are now doing the exact opposite.
That's because you are uninformed. Taxes have gone down for 95% of working families since this administration took office.
Quote from: Palehorse on April 09, 2010, 10:51:57 AM
So in other words, there is zero margin for error, and your automatic assumption is that congress done nothing everything would be a lot better right now?
YES!!! absol - feakin - lutly....
Quote from: Henry Hawk on April 09, 2010, 11:08:12 AM
YES!!! absol - feakin - lutly....
And that my friend is unreasonable as hell IMHO. Had nothing been done this country would have collapsed financially, and socially, back into a two class system that serves only to oppress the have nots.
Quote from: Palehorse on April 09, 2010, 11:12:01 AM
And that my friend is unreasonable as hell IMHO. Had nothing been done this country would have collapsed financially, and socially, back into a two class system that serves only to oppress the have nots.
there could have been other options besides dumping BILLIONS into the hands of corrupt politicians...it was a liberal knee-jerk reaction.....imho...
My youngest son was able to purchase his first house recently. I believe that was thanks to the stimulus package. He got a 100% financed, low interest, first time buyer package from the USDA. That really helped him, and many others who bought houses under the same deal.
Quote from: Mr442 on April 09, 2010, 11:23:01 AM
My youngest son was able to purchase his first house recently. I believe that was thanks to the stimulus package. He got a 100% financed, low interest, first time buyer package from the USDA. That really helped him, and many others who bought houses under the same deal.
I think THAT may have been one of the few good things in the package....and THAT may have to be extended, because it STILL is not taking off as hoped, becasue there are too many unemployed...and THAT should have been fixed first...simply by cutting capital gains tax.....and we would have seen jobs being created....imo
Quote from: Henry Hawk on April 09, 2010, 11:31:18 AM
...there are too many unemployed...and THAT should have been fixed first...simply by cutting capital gains tax.....and we would have seen jobs being created....imo
Yeah, well, you're not an economist. You should stick with your core competencies.
Quote from: Exterminator on April 09, 2010, 01:22:28 PM
Yeah, well, you're not an economist. You should stick with your core competencies.
but my core competencies would be magnified IF we would cut capital gains tax, and create jobs and stimulate this economy...therefore my economic knowledge would only behoove this great nation...IF only the democrats would follow this once proved fact........btw, are YOU an economist?
Henry you are absolutely "SPOOKY". Your line of reasoning is just like a septic tank upside down. The shit raises to the top and plugs up your brain. That the only way that it can be. :eek: :eek: :yes:
You and Sara Plain, Michell Bachman and Glen Beck can all walk down the Yellow Brick Road together. Just plain "SPOOKY". :eek: :eek:
THE TROLL :rolleyes: :wink: :smile:
Quote from: Henry Hawk on April 09, 2010, 01:27:14 PM
but my core competencies would be magnified IF we would cut capital gains tax, and create jobs and stimulate this economy...therefore my economic knowledge would only behoove this great nation...IF only the democrats would follow this once proved fact........btw, are YOU an economist?
So in your opinion the past practices of letting the middle class carry the load (more taxes) would have been the best path to follow??? There is no question in my mind that taxes were going to rise, and the question as to whom they would be raised for was the key one.
Quote from: Henry Hawk on April 09, 2010, 01:27:14 PM
but my core competencies would be magnified IF we would cut capital gains tax, and create jobs and stimulate this economy...therefore my economic knowledge would only behoove this great nation...IF only the democrats would follow this once proved fact....
Not a proven fact at all and your constant parroting of it doesn't make it so; supply side economics is dismissed by virtually all mainstream economists as hoopla.
Quote....btw, are YOU an economist?
No, but it's a safe bet that I have a lot more formal education on the subject than you. :razz:
Hey HH, the government really needs to run everything and there needs to be no private enterprise because that makes everyone unequal and that's a bad thing. We all need to be poor except for the powers that be don't you know that. I mean just think people like Bill Gates will be no more and there will be no hopes that there ever will be so we can all be happy and equal. What a future we, our kids and grand kids, will have. :smitten:
Quote from: Exterminator on April 09, 2010, 02:23:57 PM
Not a proven fact at all and your constant parroting of it doesn't make it so; supply side economics is dismissed by virtually all mainstream economists as hoopla.
All I know is, during the reagan years, was the most prosperous time of economic growth of my life....and he did NOT achieve this by increasing the tax burden on Americans....or by more gov. control....he opened the market on free enterprise and let Americans keep more of their hard earned money to re-invest into american enterprise......it worked...that can NOT be disputed.
Quote from: Henry Hawk on April 09, 2010, 05:11:17 PM
All I know is, during the reagan years, was the most prosperous time of economic growth of my life....and he did NOT achieve this by increasing the tax burden on Americans....or by more gov. control....he opened the market on free enterprise and let Americans keep more of their hard earned money to re-invest into american enterprise......it worked...that can NOT be disputed.
Reagan was rated fourth-best.
"Presidents and prosperity
Economy did best when Clinton was in office
By Dan Ackman
Forbes
Clinton's two terms in office (1993-2001) were marked by strong numbers for gross domestic product (GDP) and employment growth and especially for deficit reduction. His overall ranking puts him first among the ten postwar presidents — ahead of Lyndon B. Johnson, Kennedy and Reagan, who were tightly grouped behind the 42nd president and recent autobiographer.
The economy also added jobs at a faster rate under Clinton than under any postwar president except Carter.
The public's confidence in the economy hit an all-time high in the summer of 2000, near the end of Clinton's second term, according to Gallup. In the summer of 1992, before he was elected, it was at an all-time low.
Reagan's first term, marred by a nasty recession, was not stellar
........
http://www.msnbc.msn.com/id/5474580/ (http://www.msnbc.msn.com/id/5474580/)
^^
Thanks Olias. I was going to point that out, but you beat me to it. Great minds and all that. :biggrin:
Quote from: Locutus on April 09, 2010, 05:33:41 PM
^^
Thanks Olias. I was going to point that out, but you beat me to it. Great minds and all that. :biggrin:
Henry's memory seem to be very selective ("the reagan years, was the most prosperous time of economic growth of my life"
But let's don't let facts get in the way. :biggrin:
Quote from: Olias on April 09, 2010, 05:37:48 PM
Henry's memory seem to be very selective ("the reagan years, was the most prosperous time of economic growth of my life"
But let's don't let facts get in the way. :biggrin:
Indeed!! :rotfl:
Quote from: Olias on April 09, 2010, 05:26:13 PM
Reagan was rated fourth-best.
"Presidents and prosperity
Economy did best when Clinton was in office
By Dan Ackman
Forbes
Clinton's two terms in office (1993-2001) were marked by strong numbers for gross domestic product (GDP) and employment growth and especially for deficit reduction. His overall ranking puts him first among the ten postwar presidents — ahead of Lyndon B. Johnson, Kennedy and Reagan, who were tightly grouped behind the 42nd president and recent autobiographer.
The economy also added jobs at a faster rate under Clinton than under any postwar president except Carter.
The public's confidence in the economy hit an all-time high in the summer of 2000, near the end of Clinton's second term, according to Gallup. In the summer of 1992, before he was elected, it was at an all-time low.
Reagan's first term, marred by a nasty recession, was not stellar
........
http://www.msnbc.msn.com/id/5474580/ (http://www.msnbc.msn.com/id/5474580/)
Hum, lets see, that was right around the time of the Fannie Mae Freddie Mac loans where you could buy a house with no money or incremental taxes and oh yes there were the stated income loans for investors who couldn't qualify for a conventional loan but they could borrow 1 1/2 times the value of the house so they could walk out of closings with cash. Ya, I can see where the Clinton economy was really great and, of course, that spurred the building trade as well as demand for materials and goods of that nature and made houses more affordable so, yes, I can see where that economy was good but gosh didn't that catch up with people later? Oh I know, that was Bush's fault...he is the one who made those loans possible before he took office....Damn how silly of me. :rolleyes: I guess that stimulus package will work after all I mean taking our money through taxes and giving it to businesses so they can invest and then telling them how to run their businesses is the only solution here along with taxing the crap out of them if they dare make a profit. I mean look at all the hiring going on and our unemployment rate is falling everyday and we're only a year and a half into it. Wow, I'm impressed. Those poor idiots who run those businesses really don't know what they're doing so the government really needs to step in and take over. I mean it is, after all, for the greater good. Yep, I see more and more everyday how that's gonna work and I'm gonna feel soooo much better when there are no more private businesses ruining things for the little guy and government is taking care of me and everyone else. Equality for all that's the ticket.
Quote from: me on April 09, 2010, 06:55:06 PM
Hum, lets see, that was right around the time of the Fannie Mae Freddie Mac loans where you could buy a house with no money or incremental taxes and oh yes there were the stated income loans for investors who couldn't qualify for a conventional loan but they could borrow 1 1/2 times the value of the house so they could walk out of closings with cash. Ya, I can see where the Clinton economy was really great and, of course, that spurred the building trade as well as demand for materials and goods of that nature and made houses more affordable so, yes, I can see where that economy was good but gosh didn't that catch up with people later? Oh I know, that was Bush's fault...he is the one who made those loans possible before he took office....Damn how silly of me. :rolleyes: I guess that stimulus package will work after all I mean taking our money through taxes and giving it to businesses so they can invest and then telling them how to run their businesses is the only solution here along with taxing the crap out of them if they dare make a profit. I mean look at all the hiring going on and our unemployment rate is falling everyday and we're only a year and a half into it. Wow, I'm impressed. Those poor idiots who run those businesses really don't know what they're doing so the government really needs to step in and take over. I mean it is, after all, for the greater good. Yep, I see more and more everyday how that's gonna work and I'm gonna feel soooo much better when there are no more private businesses ruining things for the little guy and government is taking care of me and everyone else. Equality for all that's the ticket.
Wow. . . That's one helluva imagination you've got there! :spooked:
Quote from: me on April 09, 2010, 06:55:06 PM
Hum, lets see, that was right around the time of the Fannie Mae Freddie Mac loans where you could buy a house with no money or incremental taxes and oh yes there were the stated income loans for investors who couldn't qualify for a conventional loan but they could borrow 1 1/2 times the value of the house so they could walk out of closings with cash. Ya, I can see where the Clinton economy was really great and, of course, that spurred the building trade as well as demand for materials and goods of that nature and made houses more affordable so, yes, I can see where that economy was good but gosh didn't that catch up with people later? Oh I know, that was Bush's fault...he is the one who made those loans possible before he took office....Damn how silly of me. :rolleyes: I guess that stimulus package will work after all I mean taking our money through taxes and giving it to businesses so they can invest and then telling them how to run their businesses is the only solution here along with taxing the crap out of them if they dare make a profit. I mean look at all the hiring going on and our unemployment rate is falling everyday and we're only a year and a half into it. Wow, I'm impressed. Those poor idiots who run those businesses really don't know what they're doing so the government really needs to step in and take over. I mean it is, after all, for the greater good. Yep, I see more and more everyday how that's gonna work and I'm gonna feel soooo much better when there are no more private businesses ruining things for the little guy and government is taking care of me and everyone else. Equality for all that's the ticket.
THERE'S NO FOOL LIKE AN OLD FOOL! Just look at the statement above, enough said. Short and quick.
The Troll :rolleyes: :rolleyes: :razz:
Quote from: Palehorse on April 09, 2010, 07:14:54 PM
Wow. . . That's one helluva imagination you've got there! :spooked:
Hey, I have to do something in my free time ya know. :razz:
Quote from: Palehorse on April 09, 2010, 07:14:54 PM
Wow. . . That's one helluva imagination you've got there! :spooked:
More like a delusional fantasy!
Quote from: Olias on April 09, 2010, 10:13:26 PM
More like a delusional fantasy!
Only time will tell huh? :wink:
Quote from: me on April 10, 2010, 01:45:51 AM
Only time will tell huh? :wink:
If it took you only 5 minutes, for the rest of us it would seem like an eternity!
Quote from: me on April 09, 2010, 04:54:26 PM
Hey HH, the government really needs to run everything and there needs to be no private enterprise because that makes everyone unequal and that's a bad thing. We all need to be poor except for the powers that be don't you know that. I mean just think people like Bill Gates will be no more and there will be no hopes that there ever will be so we can all be happy and equal. What a future we, our kids and grand kids, will have. :smitten:
:bsflag: :bsflag: :bsflag:
Quote from: Henry Hawk on April 09, 2010, 11:31:18 AM
I think THAT may have been one of the few good things in the package....and THAT may have to be extended, because it STILL is not taking off as hoped, becasue there are too many unemployed...and THAT should have been fixed first...simply by cutting capital gains tax.....and we would have seen jobs being created....imo
:bsm2: