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When will the dam break when cracks appear? No one knows, but the ultimate outcome is clear.
1. When Obama is out of office (provided he does not get a third term), the national debt will be $22 trillion.
2.We have annual deficits of $1.2 trillion and no will to curb them.
3. We have over 50% of the population that is dependent upon the rest
4. We have a new multi-trillion dollar entitlement in Obamacare
5. We have record number of citizens on food stamps and climbing
6. We have the highest unemployment levels (real numbers) since the Great Depression
7. Obama has no policies to stimulate business or job growth- the converse is true
8. The Obama admin grabs more and more power through executive orders and "czars"
9. We have a government that declares "redistribution" to be its stated goal
10. We have unfunded liabilities of nearly $100 trillion for social security and medicare
So............................. when will these practices destroy America? Who knows- but they certainly will do so.
The only thing left is confiscation of arms then you have tyranny.
I was talking to a lady who came from a communist country. She said she was shocked that Americans don't see what Obama is doing. She said it starts with class warfare and supposed redistribution just like it is in the U.S. today. The real truth is that the money never makes it to the people.
I wonder how many people are positioned to short stock.
Ultimately we have to have job growth and that is not going to happen anytime soon especially when Obama wants to increase taxes on everyone. If you are lucky and keep you're job you will still have to cut back.
Since 2008, i've been hearing from the GOP that Obama will destroy this country and that we will become Greece. Can you guys please tell me which date that is, so I know when to get out. Its going on 2013, its been 4 years now, at some point this doom and gloom has to actually happen.
President Obama in his very being to conservatives represents the end.
All of their ghoulish fears and projections reside in the very being of President Obama.
This is why they feel that a slightly liberal but mostly moderate politician, who proposes policy ideas which many past Republican politicians would support, is a revolutionary bent on destroying the nation.
They fear what President Obama represents in their minds about a changing America.
No....I guess everything is all hunky-dory! We're at the height of the golden age!
What could possibly go wrong?
I suppose you think it turns on and off like a light switch? Um HELLO...it's HAPPENING!
It's like falling down a steep jagged slope versus just falling in a ravine....you don't get cooled off before the THUD....you get to be beat and bleeding until you WISH there was just a thud!
Yes, 100% correct. People are fools. First the language is changed.
War is Peace.
Liberalism is Fascism
Growth is decline
Wealth is Poverty
Inflation is deflation
Poverty is liberation
Food stamps are jobs
Homelessness is freedom
etc
Trillions, not just billions, wasted on "stimulus"; California adrift in unfunded "mandates", and this post claims the public sector isn't growing?
The above comment shows how the right wing ignores actual facts in favor of their own beliefs. According to 2nd trick op, the stimulus didn't do anything and was wasted and the number of public sector jobs is growing. Let's compare that statement to actual facts.
All Government Employees
Now, on the meme that the stimulus was a waste:
Quote:
All of these studies have their own methods of overcoming the endogeneity problem, some of which are more effective than others. Whichever corrections one uses, however, one cannot run a perfect experiment with messy, real-world data, which necessarily limit what these studies can say. Of the 11 econometric studies detailed here, nine conclude the stimulus had a significant positive effect and two conclude it did not have much of an effect at all. WaPo
The above comment shows how the right wing ignores actual facts in favor of their own beliefs. According to 2nd trick op, the stimulus didn't do anything and was wasted and the number of public sector jobs is growing. Let's compare that statement to actual facts.
All Government Employees
Now, on the meme that the stimulus was a waste:
So total govt spending has gone up, but employees have gone down.
that just sounds like they killed any efficiency there was. It costs more to do less.
Of course, employees haven't gone down, theyre just employed in NGOs, PFIs etc.
So total govt spending has gone up, but employees have gone down.
that just sounds like they killed any efficiency there was. It costs more to do less.
Of course, employees haven't gone down, theyre just employed in NGOs, PFIs etc.
Look there are legacy costs or entitlements if you will. As the population ages, more people claim both social security and medicare and medicaid. See this happens based on the law, people are eligible,entitled they sign up, amazing more government spending. Has nothing to do with the number of federal employees or efficiency.
Also, in economic downturns, even more citizens use our social safety programs, that is what they are designed to do. So when people lose jobs, they claim unemployment benefits or get food stamps or receive medicaid, guess what more government spending. These things have nothing to do with the number ok federal employees or efficiency.
As long as the public sector grows and the private sector, which pays for those public sector jobs, is stagnant, there won't be a recovery.
Obama said the bailouts and his economic policy would turn things around. Can you guys please tell me when that is going to happen?
The private sector is not stagnant. They are simply banking their profits.
United States corporate profits reached a record high in the third quarter of this year, even adjusted for inflation, according to a report from the Bureau of Economic Analysis.
Now according to the conservative economic theory of "Tricke Down Economics" all Americans should be benefiting based on these record corporate profits. Yet here you, a conservative are complaining about a "stagnant economy". You are living proof that "Tricke Down Economics" doesn't work.
One of the biggest reasons the economy is in the mess its in is that corporations have made a collective decision to constrain the wages of middle class workers.
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