Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Obama is taking a page from his playbook. Borrow money then spend like drunken sailors while racking up massive amounts of debt. I guess he assumes that's how the business world operates. I wonder how many businesses would succeed if they continued down this path of borrowing to make payroll?
(psst, businesses borrow money to build and expand their business, not to boost payrolls)
Obama hijacked the Gibbs press briefing today - and said the most astounding things, one of which is below.
This absolute cements in my mind that obama and his team (who collectively have NO business experience), are completely clueless when it comes to why/how/when a business expands their payrolls.
Does he really believe a well run business will borrow money to "boost their payrolls"?
And they also won't borrow to boost their inventory UNLESS demand is there.
Demand AND profits will boost the payroll.
I am stunned at the level of ignorance from this guy.
You are stunned at the level of ignorance of the man-child, no-experience (except for running his mouth) 1term potus????
Me too! (-not really. BHO is just an street agitating ignoramus with a degree from Harharharvard - reference his SOTU speech where he sticks his foot in his mouth when he critisized the SOTUS decision regarding campaign financing!!! He got a Law degree???)
Replies to your thread show an equal level of education and real world experience
Yeah, in Oblahblah's mind, borrowing money to meet payroll for those you haven't laid off yet and maybe enough customer's coming in through the door to pay your OVERHEAD is a sure way to go BROKE!
Only in hopey/changey land!
Obamaonomics 101 as taught in Acorn-land only works if you have....
Stimulus 1
Stimulus 2
Stimulus 3...............Stimulus#?
Courtesy of the American taxpayer.
And Obama learned about running a business where, exactly?
I know where he should go to get an education in business, if they'd let him in.
Primary education in flipping hamburgers/customer restroom duty.
Secondary education drive-up window or cashier.
Post - Secondary education, assistant late nite and weekend manager.
and if he gets good job ratings, then
Hamburger University!
Right now he only qualifies to impersonate the red-haired clown... and he's doing a darned fine job at that!
Congrats, apparently a quick kibitz with the hubby has allowed the dutiful wife to come up with a correct answer for a change. Congrats.
Gee if you only had read the numerous links that I provided about companies who do have adequate demand, yet are incapable of finding adequate financing.
Now if the sum total of this thread is Obama's emphasis on increasing payroll without the boiler plate economic preamble, we can just chalk this up to another thread of misspeak, like let's say the 58 state thread, but on the core issue at hand, your thread, as usual, is an epic fail.
What country are you living in?
10 % - 20 % unemployment in most states.
You ain't working, you ain't buying d...
Now go and borrow some money real quick - to meet payroll for employees who serve no customers, who aren't buying anything and see how long you stay in business.
It's a Recession or haven't you heard
Oblahblah is an ignorant screwup who doesn't know a debit from a credit and probably never balanced a check-book in his life!
Yeah, we'll SPEND our way out of this Recession... Obamoanomics 101lmao
About time to chalk this thread up to Crash & Burn? When things peter out into sputtering over how the recession is being worsened by radical liberal agendas, any further point seems pretty difficult to identify...
ALL obama threads would be ready for Crash&Burn if it were left up to his Leftist sheeple.
Ask Oblahblah!
He's still blaming Bush and he's been in office for over a year.
Somebody please tell this man-child potus to Man-Up!
He'd have to retrieve his dangly bits from the lockbox first.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
. BHO is just an street agitating ignoramus with a degree from Harharharvard - reference his SOTU speech where he sticks his foot in his mouth when he critisized the SOTUS decision regarding campaign financing!!! He got a Law degree???)
