Obama's Plan for Helping the Economy - Nothing (insurance, election, elect)

[EinsteinsGhost]

Originally Posted by floridasandy

i see you stopped the chart at 2009 let me add that figures are now being "reworked", which i will try and explain at a later time..

Oh, don't worry about THAT. If you have more recent data, bring it on. At least that will be of some value and worth discussing than your blatant lies for added partisan effect. As any functioning eye-brain combination can decipher, the deficit grew immensely beginning Jan 2002, only to slow down a bit beginning Jan 2009.

[floridasandy]

Originally Posted by EinsteinsGhost

Oh, don't worry about THAT. If you have more recent data, bring it on. At least that will be of some value and worth discussing than your blatant lies for added partisan effect. As any functioning eye-brain combination can decipher, the deficit grew immensely beginning Jan 2002, only to slow down a bit beginning Jan 2009.

what partisan effect? oh, by the way the quote you are citing was from NPR :

The trade deficit with China jumped 19.4 percent to $21.6 billion, a development likely to increase pressure to crack down on Chinese trade practices seen by U.S. critics as unfair to American workers.

So far this year, the deficit is running at an annual rate of $553.4 billion, up 10.6 percent from last year's deficit of $500 billion. Economists believe that the deficit will widen slightly this year but not act as a significant drag on the economy. A higher trade deficit subtracts from overall economic growth because it means more goods and services are being supplied by foreign workers rather than produced in the United States.



both parties have installed lousy presidents.

are you really going to say that you think the economy is improving after all that has been posted on unemployment, massive increase in social service spending, businesses closing, foreclosures and, most importantly, the actual fact that the printing presses keep rolling, the fact of which denies any ACTUAL economic recovery?

[EinsteinsGhost]

Originally Posted by floridasandy

what partisan effect? oh, by the way the quote you are citing was from NPR :

The trade deficit with China jumped 19.4 percent to $21.6 billion, a development likely to increase pressure to crack down on Chinese trade practices seen by U.S. critics as unfair to American workers.

So far this year, the deficit is running at an annual rate of $553.4 billion, up 10.6 percent from last year's deficit of $500 billion. Economists believe that the deficit will widen slightly this year but not act as a significant drag on the economy. A higher trade deficit subtracts from overall economic growth because it means more goods and services are being supplied by foreign workers rather than produced in the United States.



both parties have installed lousy presidents.

are you really going to say that you think the economy is improving after all that has been posted on unemployment, massive increase in social service spending, businesses closing, foreclosures and, most importantly, the actual fact that the printing presses keep rolling, the fact of which denies any ACTUAL economic recovery?

At least you've changed your tune about trade deficit. See... facts can be magical.

As for the economy, I would say the economy was horrendous when Obama took office, and has done a lot better (job growth wise) than it was doing following 2001 recession. No? The 2008 recession was arguably the worst recession since the Great Depression and in the making for years. Do you think it should take less time to fix something than the time traveling downhill?

[Joke Insurance]

All these numbers that you guys keep posting, do you even understand what they mean or you just posting them to look smart?

[DRob4JC]

Originally Posted by EinsteinsGhost

At least you've changed your tune about trade deficit. See... facts can be magical.

As for the economy, I would say the economy was horrendous when Obama took office, and has done a lot better (job growth wise) than it was doing following 2001 recession. No? The 2008 recession was arguably the worst recession since the Great Depression and in the making for years. Do you think it should take less time to fix something than the time traveling downhill?

Obama has done a better job regarding job growth?

Here's a graph - employment to population ratio.



We are at our lowest rate since 1984. This graph tells employment has not increased under Obama.

[L.Funk]

Originally Posted by DRob4JC

Here's What President Obama Told Us At The White House About How He Plans To Fix The Economy

Unfortunately, I left without any specific ideas about how the White House plans to promote growth and keep the U.S. No 1.

What I did hear, from President Obama and other speakers, was the following:

This is how we're taking care of the average americans who were duped into buying mortgages they couldn't afford (in part) by the banks we bailed out: Elizabeth Warren is working on a program that will demand that businesses write simple-to-read loans and other financial documents with "meaningful disclosure." Timeline: unknown.

Disclosure notices offers nothing concrete.

This is how we're keeping an eye on rising gas prices: We're "decreasing dependence on gas," said Obama.

That's a specific plan, isn't it?

This is how we're trying to balance the budget: Raising taxes will be the main way, as far as I could tell. Obama said, "Taxes are the lowest level they've been" in my lifetime.

Nothing on spending. Raising taxes alone won't work, and will eventually depress tax revenues. And again - no specifics offered.

And this is how we're stimulating growth: Encouraging people to create more (which isn't really *stimulating* anything). Obama had a "Call to Arms" to inspire entrepreneurs, and he said that making "meaningful investments" in things like infrastructure, education, and clean energy is important. But of all the points, I was the least clear on how the administration plans to accomplish growth.

Encouragement. Call to arms. Talk. All talk. Business owners will not hire with this amount of uncertainty and an increasing amount of regulation.

We are in trouble here. There is no plan to REALLY help the economy and the American populace. And seeing how they have helped invest in other countries - our lack of an economic plan is on purpose. They know how to generate business in other countries. They are choosing not to invest in America.

DRob4JC !!! ... On The Money !!!

Indeed ... How tragically and unprecedently pitiful this "WH Crew" truly appears to be !!! ARRRRRRRRRGH !

A bloomin "Nightmare On Elm Street" and then some mates !!!

And this lil lad was touted as being "The First Intellectual In The Ole Yankee WH" by the "Looney Bin Liberals" !!!

An embarrassment for the good folks in the States ... who dang well deserve much better that this clueless blighter !!! ... What !

Thanks A Bunch / Old Sgt. Lamar Harrrrrrr ! ... Harr Mateys !

[DRob4JC]

Originally Posted by DRob4JC

Here's a graph - employment to population ratio.



We are at our lowest rate since 1984. This graph tells employment has not increased under Obama.

Here's something else to note from the chart above.

Back in the 50's, 60's, 70's & 80's, when the recession ended, employment increased immediately. Now that the government seems to be more and more involved in things, there is a longer and longer lag time between when the recession ends and jobs increase.

[floridasandy]

Originally Posted by EinsteinsGhost

Oh, don't worry about THAT. If you have more recent data, bring it on. At least that will be of some value and worth discussing than your blatant lies for added partisan effect. As any functioning eye-brain combination can decipher, the deficit grew immensely beginning Jan 2002, only to slow down a bit beginning Jan 2009.

since your chart ended in 2009, here is THIS year's trade deficit with china:

Foreign Trade - U.S. Trade with China

as you see, it has been increasing, not decreasing-after all of our "spending" to get our economy chugging along again. what happened?

we all know that our oil prices have increased and that isn't covered on the china export page, so i don't think i need to pull up those graphs that we are spending more on oil. americans are well aware that they are spending more on fuel.

if our debt load is higher, our predicament is worse-not better.

[ChristineVA]

Originally Posted by DRob4JC

Here's something else to note from the chart above.

Back in the 50's, 60's, 70's & 80's, when the recession ended, employment increased immediately. Now that the government seems to be more and more involved in things, there is a longer and longer lag time between when the recession ends and jobs increase.

I don't know if we can attribute that to government involvement.

In the 50s-80s, many of our jobs were still in the United States. Starting in the 80s, the big outsourcing began.

So with the earlier recessions, much of the downturn was attributed to lack of income/disposable income in the middle class. When things got better, demand for products increased and, especially in manufacturing, they could put people back to work to keep up with middle class consumers wanting to spend more.

Now we have a double whammy. Even if we did get some increased demand, those jobs are not here. Right now, though, there is so much unrest with whats going on in the economy that the people who actually still have jobs are not spending. Why? Because they aren't sure how stable their retirements will be, their healthcare has been increasing exponentially for a good 10 years, and they are struggling just to get their kids through school and out of the house. I think we have a very different ball of wax than what we had in previous recessions but I believe it's because the very heart of our economy has changed so much.

[Icy Tea]

Obama's the Bailout Blunder. The auto industry, now health care and social security, everything he touches turns to dust. Now they're saving Greece and Ireland next and who's going to pay for it? Yeah, us. We can't go bankrupt fast enough, I guess.