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I am not sure if you understood my point. It isn't just government meddling in business, it is business meddling in government. The two are largely becoming one and the same these days. The private sector is interested solely in generating profits. And the best way to do that is to capture the government and to use government to create policies favorable to them.
The government needs to be protected from business as much as business needs to be protected from government if you get what I mean.
government is supposed to protect themselves from business. business is going to lobby government to get favorable policies as much as they can, that is the way things work. even the people can and should petition government for changes in regulation. the problem is that money talks far too much in washington, and in the state governments, and no one listens to the constitution much anymore.
Status:
"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,560 posts, read 16,548,014 times
Reputation: 6042
Quote:
Originally Posted by pghquest
Which Obama should we believe, the one that says adding to the national debt by trillions is ilresponsible and harmful to the economy, or the one who says that you must do it in order to boost the economy?
Considering President Obama never said either of those lines, i would say you should listen to the man himself and not some right wing version of what he said.
Adding to the deficit by having a tax cut and spending more is irresponsible. President Bush was predicted to have surpluses though out his entire presidency, but he chose to enact a tax cut, he then chose to continue spending at their current levels and even increases them.
Do you not call that irresponsible ? He never said it was harmful to the economy though, those are your own words, not President Obama's. he did call it unpatriotic though.
President Obama also never said that adding to the deficit was going to boost the economy, he said SPENDING boosts the economy.
Status:
"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,560 posts, read 16,548,014 times
Reputation: 6042
Quote:
Originally Posted by pknopp
QE did happen and continues to happen.
Will I have to repeat it a third time?
first line has nothing to do with what you said in your quote
second line, You have not said anything. You have made vague statements like "Obama's plans havent worked", but you have not named any specific plan, you have mentioned no details.
We're into year 4 of "recovery" folks. Do you feel recovered ?
Strange, but some of his supporters see us coming back, he must serve delicious kool-aid.
Amazing how he could even think or say he was cutting the Easter program for the kids and it went like he never said a thing. Such a whining President........
Considering President Obama never said either of those lines, i would say you should listen to the man himself and not some right wing version of what he said.
Adding to the deficit by having a tax cut and spending more is irresponsible. President Bush was predicted to have surpluses though out his entire presidency, but he chose to enact a tax cut, he then chose to continue spending at their current levels and even increases them.
Do you not call that irresponsible ? He never said it was harmful to the economy though, those are your own words, not President Obama's. he did call it unpatriotic though.
President Obama also never said that adding to the deficit was going to boost the economy, he said SPENDING boosts the economy.
yes spending does boost the economy, but it is PRIVATE sector spending that boosts the economy not government spending. remember that in order for the government to spend any money, they must get it from somewhere, and that place is from the private sector.
as to the predictions that bush would have surpluses, thats all they were is predictions from the CBO who by law must use a static economic model rather than a dynamic model. second the economy was tanking by the time bush took office, and then we had the 9/11 attacks that further hit the economy. however by fiscal 2006 the deficit had been cut to $160 billion. after that the democrats took over congress and the deficits grew substantially.
as for obama, he said it was unpatriotic for bush to take a credit card from the bank of china, and run up spending on that card. he said he would cut the deficit in half by then end of his first term, well he didnt. in fact he tripled the deficit by the end of his first year in office, and dont give me the garbage that it was bushes budget, because obama got the $862 billion stimulus bill passed, and the $410 billion omnibus bill passed. those two items alone are $1.272 trillion in extra spending, so obama has his hand in the deficit for fiscal 2009.
and dont forget about the new regulations obama administrators have imposed on the country since he took office, and that includes obamacare, which is going to be a total disaster, and will do nothing that obama claimed it would. he said if you like your doctor you can keep him, well that assumes that the doctor accepts your insurance, after your company quit offering health insurance. and that assumes that you can afford health insurance, after your company cut your hours to 29 per week, and the basic insurance policy you have your eye on is going yo cost you $20,000 per year for a family of four.
first line has nothing to do with what you said in your quote
second line, You have not said anything. You have made vague statements like "Obama's plans havent worked", but you have not named any specific plan, you have mentioned no details.
I posted the way I did because I imagined you had no clue as to what I was saying. It seems you don't which means you really don't care as you've not been paying attention to anything, you just want to complain.
QE Quantitative Easing. That is the program where you reinflate the stock market on the backs of the taxpayers and the poor.
yes spending does boost the economy, but it is PRIVATE sector spending that boosts the economy not government spending. remember that in order for the government to spend any money, they must get it from somewhere, and that place is from the private sector.
That's not true. For one thing, the government could collect taxes to invest in infrastructure that could have a return on investment that exceeds the cost. They have then boosted the economy for it. The government could also have their hand operating businesses, like Norway's Statoil.
Wow even the liberal media is starting to admit that their boy Obama can't get the job done. He's economic plan is a joke, its not working.
"It isn't supposed to be this way. After a recession, an improving economy is supposed to bring people back into the job market."
"Unemployment dropped for all the wrong reasons," says Craig Alexander, chief economist with TD Bank Financial Group. "It dropped because more workers stopped looking for jobs. It signaled less confidence and optimism that there are jobs out there."
That's why they want to keep the focus on gays and guns.
Maybe the AP should pick up Shadowstats which uses the pre 1994 method of calculating UE.
They put UE at about 23%.
For the 19th time... it is still the same UE rate.
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