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Old 12-07-2012, 03:03 PM   #16
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There is no way that (roughly) 150,000 new jobs per month is enough to help.
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Old 12-10-2012, 08:43 AM   #17
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There is no way that (roughly) 150,000 new jobs per month is enough to help.
It's not??? How many would help??? What is a good jobs number to you??? And why???
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Old 12-10-2012, 08:48 AM   #18
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So at what point do you call someone unemployed??? A guy who is 65 has no ability to work with modern technology and won't try to learn....is he retired or unemployed????

Many people are unemployed for this reason, and many who are younger. How is any president supposed to help them??
By quitting the class warfare politics he is playing and getting serious about entitlement reform in order to save SS and Medicare for that specific group of people.
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Old 12-10-2012, 09:15 AM   #19
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By quitting the class warfare politics he is playing and getting serious about entitlement reform in order to save SS and Medicare for that specific group of people.
I don't see how changing SS and Medicair for that specific group of people gets them a job, that they no longer qualify for. Please elaborate on what you think should be done.
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Old 12-10-2012, 09:26 AM   #20
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I don't see how changing SS and Medicair for that specific group of people gets them a job, that they no longer qualify for. Please elaborate on what you think should be done.
10% spending cuts across the board
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Old 12-10-2012, 10:21 AM   #21
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10% spending cuts across the board
So your solution would be 10% spending cuts across the board.

If that was done today, you would take a huge chunk of the economy out. That would mean less jobs...not more. That is why any spending cuts have to be made after the economy is growing and strong.
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Old 12-10-2012, 10:33 AM   #22
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So your solution would be 10% spending cuts across the board.

If that was done today, you would take a huge chunk of the economy out. That would mean less jobs...not more. That is why any spending cuts have to be made after the economy is growing and strong.
But gutting our military is OK?

I just can't continue this discussion, we are too far apart. You think spending is the solution I say cutting back is. You say we can affort a saftey net for everone, I say we can't. You say Obama plan will eventuly work, I say not. When you are proven wrong, our country will no longer exsists, and that not a way I want to be proven right
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Old 12-10-2012, 12:13 PM   #23
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But gutting our military is OK?

I just can't continue this discussion, we are too far apart. You think spending is the solution I say cutting back is. You say we can affort a saftey net for everone, I say we can't. You say Obama plan will eventuly work, I say not. When you are proven wrong, our country will no longer exsists, and that not a way I want to be proven right
I did not say that cutting military spending is a good thing right now. No cutting is good right now, because every cut means lost jobs. In a time of poor job creation the last thing we want to do is cut more jobs, wouldn't you agree?? So untill we get to a strong economy which is creating lots of jobs we should not do any cutting.

As far as a safety net goes, I do not see where you are going. You wish to end SS and Medicair??? Or just welfare???
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Old 12-10-2012, 01:42 PM   #24
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I did not say that cutting military spending is a good thing right now. No cutting is good right now, because every cut means lost jobs. In a time of poor job creation the last thing we want to do is cut more jobs, wouldn't you agree?? So untill we get to a strong economy which is creating lots of jobs we should not do any cutting.

As far as a safety net goes, I do not see where you are going. You wish to end SS and Medicair??? Or just welfare???
And how do you think we're going to get to a strong economy? By spending what we don't have? Continue down the road we're on?
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Old 12-10-2012, 02:02 PM   #25
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I did not say that cutting military spending is a good thing right now. No cutting is good right now, because every cut means lost jobs. In a time of poor job creation the last thing we want to do is cut more jobs, wouldn't you agree?? So untill we get to a strong economy which is creating lots of jobs we should not do any cutting.

As far as a safety net goes, I do not see where you are going. You wish to end SS and Medicair??? Or just welfare???
Unfortunately, our economy is not likely to fire up significantly as long as we continue to overspend. If a company finds itself running more and more in the red every year, it has two choices - make painful cuts and get more efficient or go out of business. As a country, we have one more option - print money. But history has shown that this option only works for so long. And when it quits working, it's an ugly scene. Bad economy or not - we had better get about the painful business of cleaning up our balance sheet or we will go out of business.
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Old 12-10-2012, 02:26 PM   #26
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Unfortunately, our economy is not likely to fire up significantly as long as we continue to overspend. If a company finds itself running more and more in the red every year, it has two choices - make painful cuts and get more efficient or go out of business. As a country, we have one more option - print money. But history has shown that this option only works for so long. And when it quits working, it's an ugly scene. Bad economy or not - we had better get about the painful business of cleaning up our balance sheet or we will go out of business.
A country is not a business. If you cut spending you are cutting jobs. If you cut jobs in a company your stock value goes up because you have cut costs, and usualy sent the costs to the government. But in a country when you cut jobs you cut off the economic engine. Every person who is out of work costs the economy just like every person working contributes to the economy. A person out of work has to collect his unemployement, and cannot spend his pay and add more jobs. It becomes a spiral of death as more people out of work cost more jobs as the economy slows. In bad times a counrty can spend money which gives more people work, and they spend their incomes and so create more work for others. It spirals up to a strong and vibrant economy.
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Old 12-10-2012, 05:36 PM   #27
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It's not??? How many would help??? What is a good jobs number to you??? And why???
Forty percent of the unemployed have been out of work for six months or more. That number did not drop last month.

Federal Reserve Chairman Ben Bernanke said this week his concern is that growth just isn't fast enough to put people back to work.

Even though 150,000 jobs are being created a month right now, that just keeps up with the population growth. We need more than 200,000 jobs to make a dent in unemployment.


http://www.cbsnews.com/8301-18563_16...ment-persists/
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Old 12-10-2012, 06:55 PM   #28
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Originally Posted by ;2001037
7.7% unemployment rate and the election is behind us. Where is Chicken Little?

First thing Geneus is for you to go find out who and how the unemployment rate is decided. Then wait until the February unemployment rate comes out, after the seasonal high and all the temp's are laid off.

And then go read "Chicken Little" and "The Boy Who Cried Wolf" they both had unhappy endings.
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Old 12-10-2012, 09:01 PM   #29
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7.7% unemployment rate and the election is behind us. Where is Chicken Little?


http://www.latimes.com/business/mone...,4378298.story
Don't worry, FNC will come up with something!
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Old 12-10-2012, 09:41 PM   #30
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Only a clown cheers 7.7% unemployment as a great thing. Let's look at the past President's record since so many love to lay complete blame on him for today's situation.

President Obama said that Bush turned a budget surplus into a deficit when in fact by January 2001, as we headed toward recession, those so called surpluses were already dwindling and within three months of 9/11 were gone and replaced by deficit. The recession officially started in March 2001 and was quickly influenced by the economic impact of 9/11 and the nearly 1 million jobs lost in the following three months. In the wake of this recession we saw six years of economic growth and 52 straight months of job creation that produced eight million jobs. Unemployment averaged 5.3% during those eight years and "we saw labor-productivity gains that averaged 2.5 percent annually a rate that exceeds the averages of the 1970s, 1980s, and 1990s. Real after-tax income per capita increased by more than 11 percent. And from 2000 to 2007, real GDP grew by more than 17 percent, a gain of nearly $2.1 trillion." By 2007, as a result of policies enacted by President Bush, the deficit fell to 1% of GDP, about $162 billion. Prior to the 2008 economic collapse President Bush's budget deficits were 0.6% of historical averages, a far cry from Obama's claim that we faced a decade of "spiraling deficits".

In comparison, in 2010 the budget deficit stood at almost $1.5 trillion, a cool 10% of GDP, while the debt was at 9.2 trillion, 67% of GDP. Let us not forget that President Obama passed an $862 billion stimulus package while at the same time telling us as a result unemployment wouldn't rise above 8%.... we now know it peaked over 10% which was higher than the President said it would go if we didn't pass the stimulus package. Vice President Biden promised us 500,000 jobs per month which we have never even come close to seeing. In 8 years under President Bush the debt held by the US grew from $3.3 trillion to $6.3 trillion and in the first 20 months under President Obama the debt had increased the same as the previous 8 years and he hasn't looked back since.

As Stuart Taylor put it:

Quote:
The pretense of many Democrats that this crisis is altogether a Republican creation is simplistic and dangerous. It is simplistic because Democrats have been a big part of the problem, in part by supporting governmental distortions of the marketplace through mortgage giants Fannie Mae and Freddie Mac, whose reckless lending practices necessitated a $200 billion government rescue [in September 2008]. Fannie and Freddie appear to have played a major role in causing the current crisis, in part because their quasi-governmental status violated basic principles of a healthy free enterprise system by allowing them to privatize profit while socializing risk.
We all know that as far back as 2001 the administration was sending warnings about Fannie and Freddy that were ignored or vilified.



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Upon taking office, George W. Bush inherited an economy heading for recession and championed policies that made things better; upon taking office, Barack Obama inherited an economy in a deeper recession and championed policies that have made things worse. That is a key difference between the two.

-Peter Wehner, senior fellow at the Ethics and Public Policy Center
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