Put Up or Shut Up on Jobs, Mr. President (Representatives, employment, Pelosi)
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The deregulation that caused our current financial disaster was the result of Clinton's repeal of Glass-Steagall, among other regulation changes that he made. We were also helped by congress refusing to rein in F&F in Bush's second term. Funny how the debt and financial problems kicked into high gear with the dem take over of the congress and senate from the 2006 elections.
Newt is claiming responsibility for the dereg. as it was the Repub. congress which passed it. The debt caused by Mr. Bushes tax cuts have done more harm then good. I am glad to see you agree that deregulation of the banking industry was wrong.
Newt is claiming responsibility for the dereg. as it was the Repub. congress which passed it. The debt caused by Mr. Bushes tax cuts have done more harm then good. I am glad to see you agree that deregulation of the banking industry was wrong.
The dems controlled congress in 1998-2008.
Hell yes it was wrong!! Letting commercial and investment banks merge, that gave us the likes of CitiGroup, where gambling with our money became a profitable game to play, especially when the federal government bails Citigroup out, but leaves are asses hanging in the breeze.
Too much regulation is bad, because it becomes government trying to manage hundreds of millions of hands and minds, and all it does is create more problems.
Regulations form the framework from which the private sector operates within, Glass-Steagall was good, sensible regulation. Thinking they could repeal it, in the age of high-tech enlightenment, was just ignorance and hubris.
You made a claim and can't back it up. The OP blames Obama for an economy that has been years in the makng thanks to Reagan, which was accelerated by Bush's tax cuts for his base (his own words, BTW).
Obama has been shoveling $hit against the tide, so to speak, having to deal with a GOP Congress. It is very easy to Google the facts and get the low down on how The both Republican POTUS's I mentioned brought the USA to the point of this economy and job situation. The only excuse for not realizing this is if one was born yesterday or in a coma for the last thirty years.
The OP and the rest of the incessant Obama bashers conveniently forget that the Bush Tax cuts for the Rich were supposed to create jobs (AKA "Voodoo"). So the thread title should actually be "Put Up or Shut Up on Jobs, Mr. Speaker of The House Boehner and all the rest of the Neocon thieves, liars and frauds".
They DID. Just look at the deficit figures from 2004-2007.
The deficit went DOWN because of increased revenue to the treasury, a result of the Bush tax cuts. More people WORKING, increased revenue, less deficit.
They DID. Just look at the deficit figures from 2004-2007.
The deficit went DOWN because of increased revenue to the treasury, a result of the Bush tax cuts. More people WORKING, increased revenue, less deficit.
A deficit high of $412 B all the way down to $160 B - revenues INCREASED by more taxpayers working or taxes were RAISED...which is it?
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As Reagan's OMB chief David Stockman learned the hard way, Arthur Laffer's supply-side snake oil may have been Republican orthodoxy ever since Jude Wanniski sketched Laffer's curve on a cocktail napkin, but it also happened to be catastrophically wrong.
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"There's no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue because of the vibrancy of these tax cuts in the economy. So I think what Senator Kyl was expressing was the view of virtually every Republican on that subject."
That view may be Republican orthodoxy, but it also happens to be utterly wrong.
These are only a few of the people, not to mention the military or other paid personnel involved.
[quote=sanrene;22568844]Really? What about the EXISTING pipeline(S) we seem to hear nothing about?[quote]
Just because you do not hear anything about it does not mean that problems have not risen as a result of it.
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Originally Posted by trlhiker
So you have no problem believing your partisan links but question a non partisan link that doesn't agree with your views.
As always.
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Originally Posted by sickofnyc
The OP and the rest of the incessant Obama bashers conveniently forget that the Bush Tax cuts for the Rich were supposed to create jobs (AKA "Voodoo"). So the thread title should actually be "Put Up or Shut Up on Jobs, Mr. Speaker of The House Boehner and all the rest of the Neocon thieves, liars and frauds".
Obama talks, talks, talks a good game on his interest in creating jobs and his recent talk about "in sourcing" jobs, but we all know that's a bunch of BS and politics is his overriding concern, which is pretty outrageous considering his rhetoric.
Keystone XL Pipeline And Jobs — Put Up Or Shut Up
Amazing, Labor unions support this project, but they are so far up obama's derriere, they hold back their criticism for fear of damaging him.
Well, there was no doubt about that.
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Originally Posted by lifelongMOgal
The number of things Obama wants to defer decision upon until "after the election" is reason enough he should be fired. He puts his self-interest above that of this country.
Oh you people who want BIGGER government to do everything for you!
Why aren't your Worshipped Wealthy creating jobs with those tax cuts Bush gave them....Repugs said they would then create jobs!!!!!
Why haven't they???? They, your ONLY god, The Wealthy, didn't do a very good job.
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