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Old 07-17-2010, 08:31 AM
 
Location: the very edge of the continent
88,995 posts, read 44,804,275 times
Reputation: 13695

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Well... yeah, Bob, they have no choice but to be partisan because Obama's and the Dems' agenda causes destruction to the economy. Did you not read this?
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

Support for Obama and the Dems is support for the further destruction of our economy. Is that what you support?
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Old 07-17-2010, 08:33 AM
 
69,368 posts, read 64,096,009 times
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The US Chamber of Commerce objects to policies which makes it more DIFFICULT to conduct business, regardless of who's writing the bill. It just so happens that right NOW Democrats are the ones.. They cant object to Republican bills because they ARENT writing them..
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Old 07-17-2010, 08:36 AM
 
Location: Tampa Florida
22,229 posts, read 17,851,724 times
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Quote:
Originally Posted by InformedConsent View Post
Well... yeah, Bob, they have no choice but to be partisan because Obama's and the Dems' agenda causes destruction to the economy. Did you not read this?
http://mercatus.org/sites/default/fi...nd%20taxes.pdf

Support for Obama and the Dems is support for the further destruction of our economy. Is that what you support?
There are very few nonpartisan organizations, my objection is implying that the US Chamber is one of those, it is not!
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Old 07-17-2010, 08:56 AM
 
9,855 posts, read 10,411,687 times
Reputation: 2881
Quote:
Originally Posted by florida.bob View Post
Prior to the Presidents weekend retreat, he presents a parting shot.

Obama slams GOP for obstructing economic progress - San Jose Mercury News (http://www.mercurynews.com/business/ci_15539233?nclick_check=1 - broken link)
Do you support unfettered spending by this administration and sitting Democrats?
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Old 07-17-2010, 10:28 AM
 
Location: the very edge of the continent
88,995 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by florida.bob View Post
There are very few nonpartisan organizations, my objection is implying that the US Chamber is one of those, it is not!
Well, Republicans and the Chamber of Commerce support policies that GROW the economy. Obama and the Dems support policies that destroy economic growth. Which partisan group do you support? Those who promote economic growth? Or those who promote economic destruction?
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Old 07-17-2010, 10:28 AM
 
202 posts, read 187,318 times
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Quote:
Originally Posted by HappyTexan View Post
..until banks start lending...

To whom ? The banks don't want to take on more bad performing loans.
Currently banks own more homes than Americans do.
With layoffs still happening who wants to borrow money and who wants to lend ?

Small business will not expand if the demand is not there.
The demand is not there if people don't have a sense of financial stability.

Wealth was measured by your home's value and equities value, not what was in your savings account. That distorted the true savings rate of Americans. Now that those home/equity values have tanked it's becoming painfully obvious that Americans just didn't save for a rainy day and overleveraged themselves with debt they now cannot pay off.

About 60% of Americans are living paycheck to paycheck.
News Headlines

You can continue throwing money at this but the underlying debt is still there and rears it's ugly head once the money dries up as it is currently doing now with the stimulus money spent.

The point being is that Obama's economic policy uncertainty is holding back firm investment until there is some resolution as to just how much such policies will cost both small and large businesses.
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