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Old 05-08-2010, 10:01 AM
 
19,198 posts, read 31,482,490 times
Reputation: 4013

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Quote:
Originally Posted by pghquest View Post
No there wasnt.. Debt went UP every year listed, and you know this very well...
You have again forgotten the difference between debt and deficit? People know better. Simply lying is not a valid form of argument. Even when it is all you have left. There were debt paydowns from unified budget surpluses in all of FY1998, FY1999, and FY2000. There would have been in FY2001 as well, but Bush didn't follow through. Imagine that...
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Old 05-08-2010, 10:02 AM
 
69,366 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by saganista View Post
No, that would be a concocted sack of goat dung. Your "all sorts of anti-business bills" would amount to a long overdue increase in the minimum wage, and I suppose some recalls of absurdly generous tax write-offs to big oil companies who were reaping annual profits in excess of the GDP of various well-known nations. The economy meanwhile fell into the calamitous times that those you despise are doing such a good job of extricating us from precisely because of inexcusably lax oversight and non-intervention and one miguided fiscal and monetary step after another, all of which long preceded the return of sense (i.e., Democrats) to Congress. You all had your turn at the wheel, and you drove us into the ditch. Your license has been deservedly revoked.
Go argue with the BLS who charts the fact very clearly that YOUR WRONG..
http://data.bls.gov/PDQ/graphics/LNS14000000_144315_1273330348806.gif (broken link)
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Old 05-08-2010, 10:08 AM
 
19,198 posts, read 31,482,490 times
Reputation: 4013
Quote:
Originally Posted by pghquest View Post
Go argue with the BLS who charts the fact very clearly that YOUR WRONG..
Fail. There is nothing there but a graph. Nothing at all that endorses your goat-dung ideas about how the graph came to look like that. I swear, the 1962 Mets played a good game more often than you do...
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Old 05-08-2010, 10:11 AM
 
69,366 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by saganista View Post
You have again forgotten the difference between debt and deficit? People know better. Simply lying is not a valid form of argument. Even when it is all you have left.
Quote:
Originally Posted by saganista View Post
There was of course debt paid down in 1998-2000,
You said debt so tell me where the debt got paid down?
national debt
1993 $4.41T
1994 $4.69T
1995 $4.97T
1996 $5.22T
1997 $5.41T
1998 $5.52T
1999 $5.65T
2000 $5.67T
2001 $5.80T

National debt as a % of GDP went down, but we are not discussing percentages are we? Talk to me about LYING while you LIE.
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Old 05-08-2010, 10:14 AM
 
69,366 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by saganista View Post
Fail. There is nothing there but a graph. Nothing at all that endorses your goat-dung ideas about how the graph came to look like that. I swear, the 1962 Mets played a good game more often than you do...
Other than the fact that it shows when unemployment began to rise.. You'd have to be an ignorant fool to not see that unemployment began to rise late 2007.
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Old 05-08-2010, 10:17 AM
 
Location: Chicagoland
41,325 posts, read 44,956,928 times
Reputation: 7118
Quote:
Originally Posted by pghquest View Post
You said debt so tell me where the debt got paid down?
national debt
1993 $4.41T
1994 $4.69T
1995 $4.97T
1996 $5.22T
1997 $5.41T
1998 $5.52T
1999 $5.65T
2000 $5.67T
2001 $5.80T

National debt as a % of GDP went down, but we are not discussing percentages are we? Talk to me about LYING while you LIE.
You mean debt DID NOT go down like Sag has always claimed?

Why am I never surprised.
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Old 05-08-2010, 10:24 AM
 
69,366 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by sanrene View Post
You mean debt DID NOT go down like Sag has always claimed?

Why am I never surprised.
Obama has learned from the best of the liers, Clinton.

Clinton changed the parameters from "debt", to debt as a % of GDP to make individuals believe he had a surplus..

Just like Obama changing the parameters for his graphs from "unemployment %" to "new jobs".

When they dont like the facts, they simply play with the numbers until they get the ones to show they are doing a good job, knowing darn well that there are thousands of fools out there willing to take the new charts and run with them, ignoring reality.
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Old 05-08-2010, 10:48 AM
 
Location: Ohio
24,619 posts, read 19,173,997 times
Reputation: 21743
Quote:
Originally Posted by LordBalfor View Post
- a bit more than a year later it's CREATING nearly 300,000 jobs a month - and HE'S a JOB KILLER????????
What planet are YOU from?
I'm from Earth, but I'm wondering where you are from.

Granted, "job killer" is a little over the top, but "nearly" 300,000 jobs per month just doesn't get it.

Quote:
San Francisco Chronicle April 04, 2004: Total jobs outside the farm sector soared by 308,000, the Labor Department reported Friday, the biggest monthly gain since March 2000, when the air was just beginning to rush out of the Internet bubble. Still, some experts cautioned that one month of roaring payroll growth doesn’t mean that the labor market has been restored to full health. "It’s a bit too early to celebrate," said Wells Fargo economist Sung Won Sohn. "If you look at the average for the last eight months, it’s been only 95, 000 jobs per month. That’s far below the 150,000 to 200,000 we need to absorb the new entrants to the labor force."[Emphasis mine]
At the rate of "nearly" 300,000 jobs per month, the unemployment rate will still be over 9%+ 5 years from now.



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Old 05-08-2010, 10:56 AM
 
Location: SE Arizona - FINALLY! :D
20,457 posts, read 26,337,717 times
Reputation: 7627
Quote:
Originally Posted by Mircea View Post
I'm from Earth, but I'm wondering where you are from.

Granted, "job killer" is a little over the top, but "nearly" 300,000 jobs per month just doesn't get it.



At the rate of "nearly" 300,000 jobs per month, the unemployment rate will still be over 9%+ 5 years from now.



300,000 a month is JUST THE BEGINNING.
Next month there'll be more, and the month after than MORE STILL.

What part of "trend" do you not understand?
How many jobs were being created a year ago?
How many 6 months ago?
How many 3 months ago?
How many last month?
Get the drift?

Job creation isn't going to stop at 300,000/month.
If it did, you are right - it wouldn't be enough to improve the economy fast enough - but it WON'T stop at that. It'll continue to climb throughout the summer before leveling off.



Ken
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Old 05-08-2010, 11:00 AM
 
19,198 posts, read 31,482,490 times
Reputation: 4013
Quote:
Originally Posted by pghquest View Post
You said debt so tell me where the debt got paid down?
national debt
1993 $4.41T
1994 $4.69T
1995 $4.97T
1996 $5.22T
1997 $5.41T
1998 $5.52T
1999 $5.65T
2000 $5.67T
2001 $5.80T

National debt as a % of GDP went down, but we are not discussing percentages are we? Talk to me about LYING while you LIE.
I see....using net positions again to mask the underlying detail. It is possible to forgive the ignorant for speaking untruth. It is much more difficult when it comes to those who know better because they have been shown better over and over and over again. But here, for the benefit of passers-by, are links to an address by then Treasury Deputy Secretary Gary Gensler to the Bond Market Association in New York that directly speaks to the FACT of debt paydowns, and as well as to the Treasury worksheet that shows how the unified budget surpluses (which some people attempt to deny as well) resulted in those paydowns. The deliberate liars among us will of course continue to ignore these...

Speech by Under Secretary Gensler

Treasury Borrowing Needs

As the neutral observer can easily see, another poster is embarrassingly engaged for partisan purposes in the direct and intentional denial of well-established fact.
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