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Old 07-24-2010, 08:30 AM
 
Location: the very edge of the continent
89,026 posts, read 44,824,472 times
Reputation: 13714

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Quote:
Originally Posted by daugenstine View Post
For those of you who moan and groan about people collecting unemployment, there are many of us scouring the earth for jobs. Would you rather we just gave all our tax dollars to Halliburton and all the Bernie Madoffs of the world? Did you know for every 1 penny they spend on social welfare, they spend $100 on corporate welfare? If the Republicans had it their way, we'd be at war for the next 100 years.
Sounds like a lesson in economics is in order...
Every dollar taxed out of the system and spent on social programs, etc., destroys $1.10 worth of economic growth. Taxes destroy more of the economy than their worth.
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

Do we really need any further destruction of our economy these days?

Cut taxes and cut government spending if you want to see economic growth and jobs start to return.
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Old 07-24-2010, 08:38 AM
 
24,832 posts, read 37,344,316 times
Reputation: 11538
Quote:
Originally Posted by doc1 View Post
Try to get on with Halliburton. They employ thousands of people and pay more than minimum wage, I suspect.




Please clarify Madoff getting paid with our tax dollars, not that it has anything to do with your emplyment status but you did bring him up.




Did you know corporations employ thousands upon thousands of US citizens and those on social wefare in all likelihood don't?



There ya go. Join one of the Armed Forces branches. Job security and with a degree you could be part of the officer ranks.

Oh yeah, the Dems have owned the legislative process since '06 and the WH since '09. Tell 'em to get to crackin' on growing the private sector jobs and money machines. Pronto.

I've got money to invest and wish to make even more.
I have worked though Halliburton , they do pay well.

If the OP had a geology degree, rather than geography they could likely get a job there.
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Old 07-24-2010, 12:26 PM
 
1,179 posts, read 975,501 times
Reputation: 390
Quote:
Originally Posted by daugenstine View Post
<b><font color="Navy">I didn't expect it to happen overnight, but it's taking a long time.
Given the severity of the fall out, are you really surprised? The worst economic downturn since the Great Depression and everybody thinks it should be turned around in 18 months? Japan had a similar run up in RE prices and it took them ten years to return. Anybody who sincerely believes this should be fixed by now clearly doesn't understand the depth of what happened.
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Old 07-24-2010, 12:28 PM
 
1,179 posts, read 975,501 times
Reputation: 390
Quote:
Originally Posted by InformedConsent View Post
Sounds like a lesson in economics is in order...
Every dollar taxed out of the system and spent on social programs, etc., destroys $1.10 worth of economic growth. Taxes destroy more of the economy than their worth.
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

Do we really need any further destruction of our economy these days?

Cut taxes and cut government spending if you want to see economic growth and jobs start to return.
Line up ten different economists and you'll get ten different answers. You guys always throw out these "facts" when anybody who took an intro to economics course could tell you that's laughable at best.
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Old 07-24-2010, 01:08 PM
 
Location: the very edge of the continent
89,026 posts, read 44,824,472 times
Reputation: 13714
Quote:
Originally Posted by Feel The Love View Post
Line up ten different economists and you'll get ten different answers. You guys always throw out these "facts" when anybody who took an intro to economics course could tell you that's laughable at best.
Laughable at best? No.
You look at the data and show us how you come to any other conclusion:
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

The fact remains... for every one dollar taxed out of the system, $1.10 of economic growth is destroyed.
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Old 07-31-2010, 02:10 PM
 
Location: Austin
453 posts, read 457,501 times
Reputation: 213
Quote:
Originally Posted by InformedConsent View Post
Sounds like a lesson in economics is in order...
Every dollar taxed out of the system and spent on social programs, etc., destroys $1.10 worth of economic growth. Taxes destroy more of the economy than their worth.
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

Do we really need any further destruction of our economy these days?

Cut taxes and cut government spending if you want to see economic growth and jobs start to return.
Really? That's what Reagan and Dubya thought, and look what happened to our economy when they were office. Tax cuts only benefit the rich. And as far as government spending, how the hell else do you expect us to fix our infrastructure, improve our schools and roads, and rebuild the levees in New Orleans? Should we just leave the people in working class areas on an island? That seems to be the typical Republican mindset.
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Old 07-31-2010, 06:34 PM
 
Location: Texas
2,847 posts, read 2,517,717 times
Reputation: 1775
Quote:
Originally Posted by LauraC View Post
Maybe while you are home not working you will have time to form a better perspective then you did while you were a college student voting for "change."
needs to open eyes wide and grow up to see what is really going on with this administration. The real world is different than the college world, get use to it.
He contributed to his own plight.
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Old 07-31-2010, 07:54 PM
 
Location: Austin
453 posts, read 457,501 times
Reputation: 213
Maybe while you are home not working you will have time to form a better perspective then you did while you were a college student voting for "change."[/quote]

I've been looking for a job left and right. I've sent out over 400 applications and resumes to several different places. And I'm not asking about what I did in college. That's history now. I'm asking when people think the economy will begin to experience full recovery. It sure as hell wasn't going to happen anytime when George Duhhhhhhhhhhhhhhh-bya was in power. Don't blame Barack Obama for the mess he inherited.
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Old 07-31-2010, 07:56 PM
 
Location: Austin
453 posts, read 457,501 times
Reputation: 213
Quote:
Originally Posted by aliveandwellinSA View Post
needs to open eyes wide and grow up to see what is really going on with this administration. The real world is different than the college world, get use to it.
He contributed to his own plight.
I don't see how I contributed to my own plight. Rome wasn't built in a day. And like I said, it never would've recovered when Duhhhhhhhhh-bya was President. McCain and Palin didn't have any plans to help stimulate the economy, either. I admitted in my opening statement that I figured it wouldn't happen over night. Mainly, I'm more concerned on whether or not there's an estimated time line.
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Old 07-31-2010, 08:04 PM
 
30,065 posts, read 18,665,937 times
Reputation: 20884
Quote:
Originally Posted by daugenstine View Post
I didn't expect it to happen overnight, but it's taking a long time. I live in Austin, Texas, which is supposedly the most recession-proof city in America, but I'm not buying it. Not long ago, I finished grad school, and I haven't been able to find a job. Many of those offered in this area are in the service industry. Not to sound arrogant, but I didn't just earn my Master's Degree and rack up lots of debt to go wait tables, work at a cash register, or become a bartender.

Once upon a time, several companies laid off the older workers past their prime and replaced them with newly college graduates. That trend seems to have trained. The last gig I did was a temporary assignment at Dell. I worked on the assembly line making less than $8.50 an hour. The majority of the people there were high school dropouts or from the lower rungs of society. In other words, I was overqualified for that position.

I keep hearing all this good news from Congress that the economy is recovering, but I'm not seeing it. Just this past week I've applied for 87 positions. I've now sent in resumes and applications to over 1,000 places in the past 3 months while I did a part-time gig. They're calling this "The Great Recession" now because this is the worst economic downturn since the Great Depression.

As someone with a Master's Degree in geography, I'm wondering if the world is overpopulated now. I worry we've exceeded our carrying capacity, and there aren't enough jobs or resources for 6.7 billion and counting people. I voted for Barack Obama because I didn't trust McCain or Sarah Palin. I know the conservatives are trying to blame this on the Democrats, but Bush is the one who got us into this mess. Meanwhile, Barack Obama has made a lot of promises, and I hope he can keep them. Does anyone have any clue when the job situation is supposed to improve or have we passed the point of no return?

When will the recovery occur?

When Obama is out of office and polices that encumber buisness and prevent job growth are abandoned. It is pretty simple.


One does not have to be a genius to understand that increased regulation, taxes, and legal burdens erode the ability of buisness to compete. This is pretty basic stuff. However, it is in direct contrast to the principles of socialism that Obama holds to be true- never having to work in the real world in his life.

Further, tax cuts for individuals and buisness stimulate the economy. Obama is increasing taxes, thus insuring no recovery.


"Change" is nice if you want high unemployment and a stagnant economy. Most sane individuals want to provide for thier families and do not care about the social agenda of the left. When you are unemployed, gay and lesbian rights seem somewhat immaterial.

"social engineering" is the luxury of the affluent and has no relevence to the average citizen, who simply wants to provide stability for thier family. Socialism betrays this desire and creates social misery.
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