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Old 09-03-2010, 05:05 PM
 
Location: Charlotte
12,642 posts, read 15,594,667 times
Reputation: 1680

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Interesting...

Quote:
if Republicans were in charge from January 2009 onward—and if they were now given carte blanche to enact the proposals they want to—the projected 2010–2020 deficits would be larger than they are under Obama, and fewer people would probably be employed.
The math is pretty straightforward.
Source - Newsweek

ouch.
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Old 09-03-2010, 05:10 PM
 
Location: Wisconsin
37,959 posts, read 22,137,721 times
Reputation: 13794
Quote:
Originally Posted by walidm View Post
Interesting...

Source - Newsweek

ouch.
brought to us by:

Oh yeah, an unbiased, legitimate source.
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Old 09-03-2010, 05:14 PM
 
Location: Charlotte
12,642 posts, read 15,594,667 times
Reputation: 1680
Cool lol...

Quote:
Originally Posted by Wapasha View Post
brought to us by:

Oh yeah, an unbiased, legitimate source.

Ad hominem...anticipated and duly noted.

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Old 09-03-2010, 05:15 PM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,302,536 times
Reputation: 4894
So now they can predict the future?

If it was that easy then the Obamadung boy would be able to EXPECT more jobs then right?

Instead of using the word unexpected on every issue.

Is this the same newsWEAK that said that Obama would create at least 2 million new jobs his first year and 5 million in his first 4 years?

Guess they are really good at predicting the future.
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Old 09-03-2010, 05:25 PM
 
Location: Wisconsin
37,959 posts, read 22,137,721 times
Reputation: 13794
Quote:
Originally Posted by walidm View Post
Ad hominem...anticipated and duly noted.

Just showing a prior cover of their magazine, and noting their claim to being unbiased, is an ad hominem attack?

what about illustrating their non-bias by reminding people of the comments made by assistant managing editor at NEWSWEEK, Evan Thomas when on MSNBC:

"I mean in a way Obama’s standing above the country, above – above the world, he’s sort of God."

Newsweek

Is that also ad
hominem?

Last edited by Wapasha; 09-03-2010 at 05:34 PM..
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Old 09-03-2010, 05:27 PM
 
Location: Charlotte
12,642 posts, read 15,594,667 times
Reputation: 1680
Default hmm...

Quote:
Originally Posted by Sunny-Days90 View Post
So now they can predict the future?

If it was that easy then the Obamadung boy would be able to EXPECT more jobs then right?

Instead of using the word unexpected on every issue.

Is this the same newsWEAK that said that Obama would create at least 2 million new jobs his first year and 5 million in his first 4 years?

Guess they are really good at predicting the future.

Quote:
We find that the effects on real GDP, jobs, and inflation are huge, probably averting what would have been called Great Depression 2.0. For example, we estimate that, without the policy responses, GDP in 2010 would be about 6½% lower, payroll employment would be about 8½ million jobs lower, and the nation would now be experiencing deflation.

When we divide these effects into two components, one attributable to the various rounds of fiscal stimulus and the other attributable to the panoply of financial-market policies (including the TARP, the bank stress tests, and the Fed’s quantitative easing), we estimate that the latter are substantially more powerful than the former. Nonetheless, our estimated effects of the fiscal stimulus policies alone are very substantial: In 2010, real GDP that is about 2% higher, an unemployment rate that is about 1½ points lower, and almost 2.7 million more jobs….
Mr. Blinder and Mr. Zandi note, their estimates of the fiscal stimulus are similar to the estimates of others — including the Congressional Budget Office.Source

What's your estimate?
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Old 09-03-2010, 05:28 PM
 
Location: Raleigh, NC
20,054 posts, read 18,277,309 times
Reputation: 3826
I saw an episode of Star Trek that spoke to this, though it didn't seem like too much fun for Mr. Worf.


YouTube - TNG 7x11 Parallels Trailer
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Old 09-03-2010, 05:34 PM
 
Location: Dallas
31,290 posts, read 20,731,520 times
Reputation: 9325
Without government intervention, the recession would probably be over and we would be on our way to healthy growth.

The same thing happened in 1932. FDR stepped in and extended the depression for 8 more years.
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Old 09-03-2010, 05:34 PM
 
Location: California
11,466 posts, read 19,346,772 times
Reputation: 12713
It would be nice if we could see what would happen depending on who was elected but we can't but someone has to make this stuff up to satisfy the readers, I can do it too, " if a meteor had hit the earth last year we may all be extinct" News at 11:00, WOW
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Old 09-03-2010, 05:37 PM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,302,536 times
Reputation: 4894
My estimate is Obama will fix the unemployment numbers to scam us into thinking the unemployment rate is falling. Election time in coming.

Remember he ESTIMATED the unemployment rates would not go above 8% and he would create 5 million new high paying jobs. Well, today its 9.5 and he has lost 5 million jobs since this promise ( estimate ) was made.

My estimate will be that we will lose another 200k jobs in the next 6 months and if he repeals the Bush tax cuts as small business will lay off even more workers it might go higher then that.

I do not see anything good in the NEAR future with Obama and his poorly chosen money team running things. Their track record is not very good ya know.

As his record shows things are getting worse, not better and he is doing nothing to fix the problems he has caused.

That stimulus really worked out well didn't it?
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