Some retailers would like an Obama win

19 Sep 2012 13:45 #21 by FredHayek

Raees wrote: Just wait till the Tea Party starts cutting federal programs right and left and THEN see how many are unemployed.


If interest rates go from 1 to 3%, yearly payments on the national debt will be twice what the military budget is. But you want to spend more?

We have to start slowing the rate of increase if the obamastagnation keeps going on. 1% per year isn't getting the job done. (or creating good jobs.)

Thomas Sowell: There are no solutions, just trade-offs.

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19 Sep 2012 13:46 #22 by Raees
The unemployment rate is 8% but you want to see it go way higher?

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19 Sep 2012 14:10 #23 by FredHayek

Raees wrote: The unemployment rate is 8% but you want to see it go way higher?


That seems to be the question Obama is posing. Spending money we don't have creating make work jobs to keep the economy stumbling along at great cost. Some of the numbers were spending 300K per job created or something.

The Left seems to think this expensive priming the pump system will work despite a continued high unemployment rate.

Thomas Sowell: There are no solutions, just trade-offs.

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19 Sep 2012 14:28 #24 by Martin Ent Inc
The well is dry.

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19 Sep 2012 14:37 #25 by LadyJazzer

Martin Ent Inc wrote: The well is dry.


Choked by lack of revenue... I think we'll fix that next year....

Maybe we can bring back some of those millions from the Caymans, Bermuda and Switzerland?

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19 Sep 2012 14:39 #26 by Martin Ent Inc
Why they are legally deposited just like mine.

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19 Sep 2012 14:40 #27 by PrintSmith

Raees wrote: Just wait till the Tea Party starts cutting federal programs right and left and THEN see how many are unemployed.

The federal programs you are talking about the Tea Party wanting to reduce are the very ones which sustain the ability of someone to remain unemployed for long periods of time. It's the cuts to the "discretionary" portion of the budget that threaten to light the fuse you are worried about.

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19 Sep 2012 14:42 #28 by Martin Ent Inc
I know of several people/families that make a living off government programs, and brag about not having to work.

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20 Sep 2012 10:00 #29 by PrintSmith

archer wrote: huh? when the stock market dumps like it did in 2008 and 2010, then all I hear are claims that the economy is dragging the market down.....but should it go up, and it has big time, now it's not reflective of the economy? How can that be????

It's called quantitative easing archer, and we're about to enter round 3. It is the action of the Federal Reserve, not the economy, that is responsible for the rise in the stock market. Found this article that might, in broad terms, help explain what's going on. The last paragraph of the article sums it up nicely:

The Fed has created a "false sense of security, that as bad as things get, the Fed is going to step in and make it better," Sica says. "The Federal Reserve would never expand their mandate had they not felt that the economy was very, very bad."
http://www.thedenverchannel.com/money/b ... s-soaring-

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20 Sep 2012 10:07 #30 by LadyJazzer

Martin Ent Inc wrote: I know of several people......


rofllol :lol: Wellllll, there you have it.....

:Snooze

And I personally know of a bunch of tax-cheats who brag about how they hide their income from the IRS... (Fortunately, a few of them are behind bars now...)

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