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Oh do not be fooled, I have a problem with people out of work, I also have a problem with people pretending the guy who caused this mess didn't do anything wrong, unless you are telling me that a 2% increase in unemployment was no big deal? And "cycle" is that your way of saying it wasn't Bush's fault that unemployment went over 7% on his watch, but somehow it is Obama's fault that unemployment has increase .5% under his watch? Sounds a bit backwards in thinking....but you seem to believe your own logic, so I guess that is good.
Please validate you know what the hell you're talking about and not just repeating babble talking points by listing policies which caused the mess..
You see your problem is you dont undersand how governments can NOT create a recovery, they can only hinder them.. Government doesnt get money to spend WITHOUT TAKING IT OUT OF THE ECONOMY.. Even Keynesian economic policies encourage spending money SAVED, not by creating unsubstainable debt.
Please validate you know what the hell you're talking about and not just repeating babble talking points by listing policies which caused the mess..
You see your problem is you dont undersand how governments can NOT create a recovery, they can only hinder them.. Government doesnt get money to spend WITHOUT TAKING IT OUT OF THE ECONOMY.. Even Keynesian economic policies encourage spending money SAVED, not by creating unsubstainable debt.
I used the graph of unemployment rates that you posted. So you are saying government can't actually do any good for the economy? Then why have a government in the first place? So are you blaming the increase in unemployment on Obama because unemployment increased during his watch?
I used the graph of unemployment rates that you posted. So you are saying government can't actually do any good for the economy? Then why have a government in the first place? So are you blaming the increase in unemployment on Obama because unemployment increased during his watch?
I asked you what policies caused the mess, you didnt list them..
And you of course need government, who the hell is going to run the courts, police, fire, defense?
And I'm still waiting for you to tell me how taking money out of the economy makes it better, which is what Obamas policies are doing.
Anyone watching the Democratic National Convention on Tuesday night heard the number 4.5 million several times.
The number Castro cites is an accurate description of the growth of private-sector jobs since January 2010, when the long, steep slide in employment finally hit bottom. But while a total of 4.5 million jobs sounds great, it's not the whole picture.
Nonfarm private payrolls hit a post-recession low of 106.8 million that month, according to the U.S. Bureau of Labor Statistics. The figure currently stands at 111.3 million as of July.
While that is indeed a gain of 4.5 million, it's only a net gain of 300,000 over the course of the Obama administration to date.
Conclusion:
The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office
Please validate you know what the hell you're talking about and not just repeating babble talking points by listing policies which caused the mess..
You see your problem is you dont undersand how governments can NOT create a recovery, they can only hinder them.. Government doesnt get money to spend WITHOUT TAKING IT OUT OF THE ECONOMY.. Even Keynesian economic policies encourage spending money SAVED, not by creating unsubstainable debt.
I wish it was possible to have Keynes do this to you. You know nothing about Keynesian economics if you think deficit spending in a liquidity trap is not Keynesian.
I asked you what policies caused the mess, you didnt list them..
And you of course need government, who the hell is going to run the courts, police, fire, defense?
And I'm still waiting for you to tell me how taking money out of the economy makes it better, which is what Obamas policies are doing.
Quote:
Originally Posted by urbanlife78
So we should lower taxes down to zero, that would keep every dollar in the economy, wouldn't that be better?
Um, no because then government would have to issue $3.5T in Tbonds, removing the money from the economy anyways. Want to now address anything I stated, or is this childish run around all you can do?
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