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Old 12-02-2010, 01:41 PM
 
Location: Chicagoland
41,325 posts, read 45,190,963 times
Reputation: 7118

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Quote:
Originally Posted by SLCPUNK View Post
Look how much these Republicans want America to fail. In the face of good economic news coming in the only thing they can do is twist it around into something else. Just like their hero Rush who hopes America will fail so Obama can be a one term President, these people are no different.

In another year they'll be singing a new tune, praising the GOP Congress and claiming the economy turned around right after they took power.

Wait n' see...
Obama's policy failures are no ones fault but his own. Can't blame the GOP because HIS stimulus FAILED, HIS obamacare is a disaster.

Actually, Rush hoped for obama's policies to fail, which are not the policies the American people voted for. He's got plenty of company in that respect.

You BET the GOP will claim the economy turned around because of their stopping obama's radical agenda, because of their insistence on NO tax hikes for anybody, because of their defunding of obamacare. Perfect.

Why don't you like the reporting of ACTUAL statistics, like the jobless claims rising? I guess because it puts a damper on your twisting of the facts.
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Old 12-02-2010, 02:20 PM
 
506 posts, read 1,319,784 times
Reputation: 335
Quote:
Originally Posted by sanrene View Post
Obama's policy failures are no ones fault but his own. Can't blame the GOP because HIS stimulus FAILED, HIS obamacare is a disaster.

Actually, Rush hoped for obama's policies to fail, which are not the policies the American people voted for. He's got plenty of company in that respect.

You BET the GOP will claim the economy turned around because of their stopping obama's radical agenda, because of their insistence on NO tax hikes for anybody, because of their defunding of obamacare. Perfect.

Why don't you like the reporting of ACTUAL statistics, like the jobless claims rising? I guess because it puts a damper on your twisting of the facts.

First, the health care law has barely begun to take effect.

Second, increasing spending and cutting taxes was exactly the same thing the Republicans did as a stimulus under Bush. In fact, the Obama tax cuts in the stimulus were bigger than those under president Bush. Let's face it, the parties aren't all that different from each other. They both talk big and deliver very little.

Third, as I've been saying, the economic reports are getting better, not worse. The slight increase in jobless claims last week from the previous week means little in the big picture. The number fluctuates quite a bit, anyone who knows what to look for will tell you that the four week moving average of jobless claims is the better indicator. That number just hit a two year low.

This is one of many improving reports recently.
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Old 12-02-2010, 02:22 PM
 
Location: Southeast
4,300 posts, read 7,068,281 times
Reputation: 1464
Quote:
Originally Posted by TDNY View Post
Second, increasing spending and cutting taxes was exactly the same thing the Republicans did as a stimulus under Bush. In fact, the Obama tax cuts in the stimulus were bigger than those under president Bush. Let's face it, the parties aren't all that different from each other. They both talk big and deliver very little.
Prove it. Specify which rates were changed please.
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Old 12-02-2010, 03:17 PM
 
Location: Texas
37,963 posts, read 18,067,573 times
Reputation: 10399
If anyone thinks Quantitative Easing is not boosting the stock market they haven't been paying attention.
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Old 12-02-2010, 03:22 PM
 
Location: Hoboken
19,890 posts, read 18,858,938 times
Reputation: 3146
Quote:
Originally Posted by jy_2007 View Post
yeah?

Well we'll just see what happens when "cash for clunkers" ends!!!

oh. wait.

ok ok. Wait until the census is over and all of those temporary jobs end. ha!

um, uh...

aha! wait until the homebuyer's tax credit expires. Then we're REALLY in for it.

You dumb libs just can't anything right, can you...

LOL ,the 10% unemployed and the 20% underemployed are sure the economy stinks. The Dems got their collective butts kicked in November because the economy stinks. It may be revovering but the recovery is anemic.

I think you are right about the libs, only a lib would think the economy is dandy!
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Old 12-02-2010, 03:24 PM
 
Location: Hoboken
19,890 posts, read 18,858,938 times
Reputation: 3146
Quote:
Originally Posted by JazzyTallGuy View Post
Cry me a river.

You want health care insurance from private health insurance corporations that operate to make a PROFIT, this is what you get.

They are stiffing you and telling you it's Obama's fault while they are laughing all the way to the bank with their stock options and multi-million dollar bonuses.

Let me ask you this?

Don't you like to get kissed while you are being f**ked!
This is a direct result of Obama's dopey health care plan.

I'd rather get my health insurance from a for profit company than from the folks who run the DMV.
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Old 12-02-2010, 03:26 PM
 
Location: Hoboken
19,890 posts, read 18,858,938 times
Reputation: 3146
Quote:
Originally Posted by TDNY View Post
Since that day in August the S&P 500 is up 11%. If you think that US treasury bonds are plunging right now you need to read up some more.

The point here is that there is improvement happening, the trend is toward improving economic conditions. You can accept it or hide in your bunker with your gold and your guns.

You are confusing the stock market with the economy, they aren't the same thing.
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Old 12-02-2010, 03:35 PM
 
Location: Hoboken
19,890 posts, read 18,858,938 times
Reputation: 3146
Quote:
Originally Posted by TDNY View Post
The stock market is going up because conditions for the companies listed on the stock market are improving. What causes those conditions is a moot point. I also hear from many people, especially many of my aquaintances that are business owners, that business is getting better. Every single one has told me recently that business is good or at least improving. A few of them are so busy that they've had to hire people. This is a good thing. Positive, improving, getting better....get it?

No, no, no. It is quite important why profits are increasing. There is very little top line growth (bad) there is bottm line growth (good) because of greater efficiencies and productivity. Simply stated many companies are not seeing increased sales.

Better compared to armagheddon? Sure, but not better enough to produce a v shaped recovery.
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Old 12-02-2010, 03:41 PM
 
Location: Hoboken
19,890 posts, read 18,858,938 times
Reputation: 3146
Quote:
Originally Posted by SLCPUNK View Post
Look how much these Republicans want America to fail. In the face of good economic news coming in the only thing they can do is twist it around into something else. Just like their hero Rush who hopes America will fail so Obama can be a one term President, these people are no different.

In another year they'll be singing a new tune, praising the GOP Congress and claiming the economy turned around right after they took power.

Wait n' see...

Too funny, it is like the village idiot standing in the rain complaining that the only reason it is raining is because people want it to rain!
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Old 12-02-2010, 04:09 PM
 
Location: Chicagoland
41,325 posts, read 45,190,963 times
Reputation: 7118
Quote:
Originally Posted by TDNY View Post
First, the health care law has barely begun to take effect.
And already we see the negative impact it has had on business and individuals? Over a 100 waivers the WH has given because if they didn't THOUSANDS would lose their HC.
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