Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ (parties, economy, elect)

[compJockey]

Originally Posted by Wapasha

Spending for spending's sake, is exactly what he is doing. He is spending hundreds of billions on "shovel ready" make-work construction projects that won;t even start for a few years yet - how does this help the people who just lost their manufacturing job this year?

Know a lot about the stimulus don't you?

The money will be spent primarily over the next 3 years, most this year and next.

Will the stimulus be able to cover for all the free market's shortcomings?
Of course not.

[pghquest]

Originally Posted by CharlottePirateFan

Nah its like good cop/bad cop. Only there's only one person playing both parts.

He's preparing to raise taxes on that 95% of americans...

[Wapasha]

Originally Posted by compJockey

Know a lot about the stimulus don't you?

The money will be spent primarily over the next 3 years, most this year and next.

Will the stimulus be able to cover for all the free market's shortcomings?
Of course not.

We needed that stimulus NOW!!! Don't stop to think, don't take time to read the plan, sign it NOW... hurry!!

At least that is what they said, and only about 5% has been allocated so far. 0bama said his stimulus plan would "jolt the economy". Waiting for three years to see a bit over half being spent is not a stimulus plan, its an omnibus spending bill, full of thousands upon thousands of pork projects, designed to reelect Washington politicians.

[Geechie North]

Originally Posted by ViewFromThePeak

largest economy tripe is bs.

It's 70% consumers, almost completely tapped out.

Life in many Asian countries is perfectly fine and nothing like you're describing, and you forgot Australia, NZ, and most of Europe (minus the UK who's in a world of s***).

Economy of the United States - Wikipedia, the free encyclopedia


The economy of the United States is the largest national economy in the world.[11] Its gross domestic product (GDP) was estimated as $14.2 trillion in 2008.[12]


Fact's a fact.

[ViewFromThePeak]

Originally Posted by Geechie North

Economy of the United States - Wikipedia, the free encyclopedia


The economy of the United States is the largest national economy in the world.[11] Its gross domestic product (GDP) was estimated as $14.2 trillion in 2008.[12]


Fact's a fact.

...and zimbabwe had the best performing stock market last year percentage wise

Embedded within every statistic there is falsehood.

[Geechie North]

I'm sorry if the facts run counter to your worldview. But the fact that the US econ is the world's largest, even in our current death spiral, is so basic as to make any doubt into an absurdity.

[Geechie North]

Originally Posted by Wapasha

We needed that stimulus NOW!!! Don't stop to think, don't take time to read the plan, sign it NOW... hurry!!

At least that is what they said, and only about 5% has been allocated so far. 0bama said his stimulus plan would "jolt the economy". Waiting for three years to see a bit over half being spent is not a stimulus plan, its an omnibus spending bill, full of thousands upon thousands of pork projects, designed to reelect Washington politicians.

.

I'm beginning to suspect that Obama is of the mind, much like Clinton was in 1994, that if Wall Street recovers it means the economy has recovered.

[BigJon3475]

Compulsive ________. Pelosi and Obama two peas in a pod.

[Geechie North]

Originally Posted by BigJon3475

Compulsive ________. Pelosi and Obama two peas in a pod.

.

No, Pelosi is a Democrat.

[BigJon3475]

They're both liars with 15 mouths talking out the sides of their necks.