LOL! 84 of 88 OH counties lose jobs. Great job Kasich! (Cleveland: sale, tech jobs)

[taxedtodeath]

This is not a recession. This is the normal sustainable economical activity that can happen without debt growth, petroleum supply growth or a manufacturing base. Get used to it.

[spotch]

Originally Posted by Sunny-Days-in-Florida

Today, 2011 is far worse then it was in 2008 by a long shot.

We are in a recession right now but no one has the guts to call it that.

He was not handed anything. The economy was just fine until Nancy and Harry took over in 2007 and decided to spend us into a mess.

After 2 1/2 years and 800 billion dollars handed to him he has FAILED miserably and has made thing WORSE then at any time under Bush.

Bush had 54 consecutive months of job growth, Obama, well, he has had only one or two months of job growth and negative all the other months.

You cannot tell people to give Obama more time and not apply the same to Kasich.

Obamas decisions has hurt many states job markets including Ohio.

If you want Obama to have more time ( even though he was handed 800 billion and promised he assembled the greatest team of advisers ever to fix things - what a scam job that was ) then give Kasich more time.

Kasich was handed a mess from the previous loser who destroyed Ohio very quickly and killed jobs like poison.

Forgot to mention that 12 factories in my home town closed completely down on Obamas watch. 11 were before Kasich took office by the way and the 12th one made the decision to close back in December before Kasich took office.

Thanks liberals for the shovel ready idea of everyone being on unemployment in Ohio.

^ LOL. Now that's just funny.

[Tilar]

The reason that the economy is still in a full dive is because everybody is scared to spend any money... That is everyone but obama and pelosi. And since the damocrats took over all they did the first two years was the cash for clunkers fiasco and then spend a year on obamacare. They had the opportunity to pass their version of the debt ceiling two years ago but didn't have time to work that in with all the spending they were doing.

As far as Kasich goes, Regardless of who was in office, the one that started getting our affairs in order will be the bad guy and hated by those that know no better, and apparently Kasich is it.

[Cleveland_Collector]

Originally Posted by Sunny-Days-in-Florida

Today, 2011 is far worse then it was in 2008 by a long shot.

We are in a recession right now but no one has the guts to call it that.

He was not handed anything. The economy was just fine until Nancy and Harry took over in 2007 and decided to spend us into a mess.

After 2 1/2 years and 800 billion dollars handed to him he has FAILED miserably and has made thing WORSE then at any time under Bush.

Bush had 54 consecutive months of job growth, Obama, well, he has had only one or two months of job growth and negative all the other months.

You cannot tell people to give Obama more time and not apply the same to Kasich.

Obamas decisions has hurt many states job markets including Ohio.

If you want Obama to have more time ( even though he was handed 800 billion and promised he assembled the greatest team of advisers ever to fix things - what a scam job that was ) then give Kasich more time.

Kasich was handed a mess from the previous loser who destroyed Ohio very quickly and killed jobs like poison.

Forgot to mention that 12 factories in my home town closed completely down on Obamas watch. 11 were before Kasich took office by the way and the 12th one made the decision to close back in December before Kasich took office.

Thanks liberals for the shovel ready idea of everyone being on unemployment in Ohio.

I see. Well, I guess there's no arguing with revisionist history. The good, Christ-like Republicans have done nothing but put this country in a position to succeed and for every man, woman, and child to prosper. Then those dastardly DemoRATS took a simple majority in the HOR and just ruined everything in 1 year! They even took away Bush's power of the veto!

[Cleveland_Collector]

Originally Posted by Tilar

The reason that the economy is still in a full dive is because everybody is scared to spend any money... That is everyone but obama and pelosi. And since the damocrats took over all they did the first two years was the cash for clunkers fiasco and then spend a year on obamacare. They had the opportunity to pass their version of the debt ceiling two years ago but didn't have time to work that in with all the spending they were doing.

Virtually everyone in the industry agrees that CFC helped stave off liquidity trap - one of the most damaging economic results of a recession. Even at a net cost, it was a success. It was also estimated that there was a, national overall 0.9 MPG increase. That equates to 5.6 billion gallons of gasoline saved per year. At the average cost of $3/gallon over the past 2 years, that's a net savings of $16.8 billion for American consumers. The entire program cost $3 billion. On the fuel savings statistics alone, the program was a raging success on the economic, environmental, and energy conservation fronts.

As far as Kasich goes, Regardless of who was in office, the one that started getting our affairs in order will be the bad guy and hated by those that know no better, and apparently Kasich is it.

Um, I think it was Strickland who was "hated" in this past election. Kasich, the perceived savior, is rapidly becoming the divine failure. The operative word is "failure." He has done nothing to get anything in order. He has full partisan control, yet has produced nothing but chaos.

[Cleveland_Collector]

Originally Posted by taxedtodeath

This is not a recession. This is the normal sustainable economical activity that can happen without debt growth, petroleum supply growth or a manufacturing base. Get used to it.

It's not a recession any longer, no. And, I am used to it. Those who didn't over-extend really didn't have a whole lot of trouble adjusting.

[South Range Family]

Since Kasich is being blamed for things that he had nothing to do with, I'll give him credit for something he had nothing to do with. Wendy's HQ leaving Atlanta for Ohio - WKBN - 27 First News - Local News - Youngstown, Warren, Columbiana, Ohio - Sharon, Pennsylvania

[taxedtodeath]

And don't forget the "surge" is tech jobs in Cleveland since Kasich took office.....way to go Johnny!

[taxedtodeath]

Originally Posted by Cleveland_Collector

It was also estimated that there was a, national overall 0.9 MPG increase. That equates to 5.6 billion gallons of gasoline saved per year. At the average cost of $3/gallon over the past 2 years, that's a net savings of $16.8 billion for American consumers. The entire program cost $3 billion. On the fuel savings statistics alone, the program was a raging success on the economic, environmental, and energy conservation fronts.

Check your sources..

From EPA.gov sources:
The EPA (http://www.epa.gov) estimates the average number of miles a car is driven in the US at 12,000 per year. Keep in mind; recent figures indicate Americans are driving less. For the sake of these calculations however, we will use 12,000 miles/year. With a 7 MPG fuel savings, Americans will save roughly 255 gallons of gas per car per year for a total of 178.5 million gallons. Using a gas price of $2.50/gallon the total savings equates to $446M.

(even at current gas costs the benefit does not surpass the cost given those Clunkers would have been off the road soon without CFC).

So for a cost of ~$3.217B we saved approximately $446M/year in fuel costs.

And that analysis does not included Edmunds conclusion that only about 125K of the 690K CFC cars were incremental sales. Most of the sales were going to happen anyway. So divide the above benefit by 5 to get the real. The taxpayer ended up paying about $24000 for each incremental auto sale under the program.

Benefit to consumers? What about the spike in used car prices because these cars were taken out of inventory?

Fairness? Why am I taxed to subsidize my neighbors car purchase?


CFC was dumb.

[ZnGuy]

Originally Posted by taxedtodeath

Check your sources..

From EPA.gov sources:
The EPA (http://www.epa.gov) estimates the average number of miles a car is driven in the US at 12,000 per year. Keep in mind; recent figures indicate Americans are driving less. For the sake of these calculations however, we will use 12,000 miles/year. With a 7 MPG fuel savings, Americans will save roughly 255 gallons of gas per car per year for a total of 178.5 million gallons. Using a gas price of $2.50/gallon the total savings equates to $446M.

(even at current gas costs the benefit does not surpass the cost given those Clunkers would have been off the road soon without CFC).

So for a cost of ~$3.217B we saved approximately $446M/year in fuel costs.[/LEFT][/LEFT]


CFC was dumb.

I'm in the raw matierl biz and deal with tier 1 auto guys and most of them thought the program was bs. I can tell you it also increased raw material costs passed onto the consumer in the last year as it scraped alot of vehicles during the program and in the last year we are not seeing as many vehicles in the scrap cycle so it has added to the tightness in the market, hence higher scrap price.