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Libertarian economic theory is considered a cultist joke all over the World except for here.
Government spending is the best remedy for a stalled economy, because the government spends 100% of their money back into the economy, unlike the rich elites who the GOP serves, who just sit on their money.
That gvt spending goes right back as income to working families.
The government takes the money OUT of the private sector in the first place! Then they redistribute it to failing businesses like the "Solyindras" which thow it away, and I read that millions of dollars in equipment were just trashed. What did that do for the economy? Nothing!
Every dollar that the government takes out of the private sector is a dollar not available to invest in plant expansion (which translates to jobs), or for new business start ups, which often depend on people with risk capital to invest to get their operations going.
Your economics (Keynesian) do not work. Never have.
Business are not hiring because they do not know what's coming down the pike next from this administration. They are likely going to continue to sit tight till Obama is gone. Obamacare scares the pants off of everybody.
The government takes the money OUT of the private sector in the first place! Then they redistribute it to failing businesses like the "Solyindras" which thow it away, and I read that millions of dollars in equipment were just trashed. What did that do for the economy? Nothing!
Every dollar that the government takes out of the private sector is a dollar not available to invest in plant expansion (which translates to jobs), or for new business start ups, which often depend on people with risk capital to invest to get their operations going.
Your economics (Keynesian) do not work. Never have.
Business are not hiring because they do not know what's coming down the pike next from this administration. They are likely going to continue to sit tight till Obama is gone. Obamacare scares the pants off of everybody.
Are you better or worse off, which of course was the OP.
Non;sense. Any wealth tool depenent on the marlket for gains had huge looses in the crash of the markets from individual retirement to pensions to other investment never to be recovered. You might have madeup some or all but you never will see that welth back.Then of course their is the contimuing loses people are sufferig for 4 year o any type of savings,Now of course we have people just trying to maintain the values or loss small amount while seeking safety.The only gains for normal people are tax breaks such as payroll ; make work and unemployemnt.But they also have other long run losses and effects because they involve borrowing more by government.Eventaully all the liquidity put into the economy has to be paid for with interest also.The only think is that mnay have not yet realised the loss ebcause of this liquidity on borrowed money.
If you check the link, there is a chart that shows ALL of the months over the past 3 years.
It's this simple, no jobs, increased cost of living = worse off.
It's not rocket science.
The problem is you're even thinking about rocket science, instead of investing your time on why we even had to recover, and the extent of recovery that would be necessary. Outside of another major bubble, I say, forget about it. But then, you just might be into riding high on economic bubble and ensuing disasters. Those make for great times, while they last, don't they?
BTW, are you also denying that we were losing a massive number of jobs three years ago? Yes?
Quote:
Originally Posted by Jerseyt719
We are saying it. It's just that you don't want to hear it.
Nobody wants to hear and deal with crap. Even less so when this crap is being advertised as the prescription for prosperity.
Better off, but I am a rarity compared to many. However, prices keep going up, which pushes my standard of living lower. I've got pretty far to go before I'd say I'm hurting though.
If you believe the Romney hype, we are all worse off than before. Of course, Romney seems to be doing well financially. Did not seem to hurt him much.
I myself am doing better financially. SO who is doing worse, and if so how is that Obama's fault?
Is that how you measure the health of this country? By your own wallet? Really? Wow! Talk about elitism by the far left!
There is an exodus of wealth from this country as the wealthy flee Obama's threatened tax and business policies.
We have an administration which bypasses Congress and picks and chooses what part of the rule of law it will adhere to and which parts it is most politically expedient to ignore.
The credit rating of the USA has been downgraded on Obama's watch.
Obama has added more than $5.5 Trillion to the national debt.
The size of the government payroll has grown by over 1/3rd since Obama took office.
Foreign relations with our allies has never been worse due to the Obama administration's leaking of national security military secrets.
The value of the US dollar has fallen on Obama's watch.
Obama has the US troops engaged fighting in more countries than did Pres. Bush and has not once sought Congressional approval for war but rather appears to be beholding to the UN and NATO.
Race relations were far better in this country prior to Obama's and the Demcrats divisive rhetoric and methods. Instead of taking the opportunity to be a great uniter like Dr. King Obama has instead been a great divider.
Hundreds of people have died as a result of the Obama-Holder DOJ illegally traffiking guns and grenades across this country's Southern border placing them in the hands of known felons and members of Mexican Drug Cartels without any intention or method for tracking them.
The Obama EPA is on track to destroy the coal industry and raise electrical energy rates exponentially.
Is that how you measure the health of this country? By your own wallet? Really? Wow! Talk about elitism by the far left!
Um, I'd say thats how 90% of the people evaluate the country and our government. Remember, Reagan asked "Are YOU better off then you were 4 years ago?"
Voting is individualistic, as it should be, whats best for you.
Im better off. Bought a house, got married, my wife gave birth to our wonderful son, got several raises and a promotion, my side business is taking off, and I just got my bathroom remodeled. All since 2009. I really can't complain about anything.
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