More bad economic news out this week. So now we have unemployment, foreclosures, and poverty up since GW Bush left office. Way to go Obamanomics!
http://money.cnn.com/2010/09/16/news/economy/Census_poverty_rate/index.htm?hpt=T1
http://www.foxnews.com/politics/2010/09/16/poverty-rate-jumps-level/
[QUOTE=BJJ-Blue;1039287]More bad economic news out this week. So now we have unemployment, foreclosures, and poverty up since GW Bush left office. Way to go Obamanomics!
http://money.cnn.com/2010/09/16/news/economy/Census_poverty_rate/index.htm?hpt=T1
http://www.foxnews.com/politics/2010/09/16/poverty-rate-jumps-level/[/QUOTE]
You don’t have any understanding of residual effects, or ramifications of policies do you.
so in the moment. You are like a zen master of the absurd. :rolleyes:
[QUOTE=David Jamieson;1039355]You don’t have any understanding of residual effects, or ramifications of policies do you.
so in the moment. You are like a zen master of the absurd. :rolleyes:[/QUOTE]
Yeah, according to 1Blue here, the gains during Clinton’s 8 years were all because of Bush Sr, but Bush Jr. hasn’t affected Obama at all.
[QUOTE=BJJ-Blue;1039287]foreclosures…[/QUOTE]
It’s time to buy properties if you are in the top 2%. That’s the beauty of the capitalism! Your pain is my happiness.
[QUOTE=David Jamieson;1039355]You don’t have any understanding of residual effects, or ramifications of policies do you.[/QUOTE]
Of course I do. When you saddle business and citizenry with high taxes and regulations, it has bad ramifications and residual effects. I just posted about that!
You’re just mad that two years ago I predicited if he implemented the policies he said he would it would get worse, and so far I’ve been proven correct.
[QUOTE=MasterKiller;1039358]Yeah, according to 1Blue here, the gains during Clinton’s 8 years were all because of Bush Sr, but Bush Jr. hasn’t affected Obama at all.[/QUOTE]
Never once did I say that. But how you can blame Bush for the debt when Obama has spent more in under 2 years than Bush did in any 2 years of his Administration is beyond me. The man has been out of office almost 2 friggin years now!
I still am waiting for one of you ‘blame Bush’ guys to answer my question: when does the economy become Obama’s economy?
[QUOTE=YouKnowWho;1039362]It’s time to buy properties if you are in the top 2%. That’s the beauty of the capitalism! Your pain is my happiness.[/QUOTE]
I’m not in the top 2%, but I’ll be looking at real estate when my current lease is up. I may or may not buy, but interest rates are very low and supply is higher than demand right now. Of course property values are dropping, and buying something whose value is dropping is not exactly the smartest thing you can do.
As to your dig at capitalism, remember it all started because millions of people signed ridiculous ARMs to buy houses they couldn’t afford. So people buying real estate at these lower prices are not making money off of other’s pain, they are making money off of other’s stupidity. And I’m all for that! 
What’s wrong to have higher tax for the top 2%?
[QUOTE=YouKnowWho;1039378]What’s wrong to have higher tax for the top 2%?[/QUOTE]
It’s unfair. If we all pay the same rate, it’s still going to work out that the more you earn, the more you pay. It’s basic math.
And the top 1% of wage earners already pay 39% of all Federal income taxes. How much is enough?
I’m all for a flat rate. Just because you make more doesn’t mean your burden should be increased.
Ina country where everyone is equal, taxes should be equal.
[QUOTE=BJJ-Blue;1039287]More bad economic news out this week. So now we have unemployment, foreclosures, and poverty up since GW Bush left office. Way to go Obamanomics!
http://money.cnn.com/2010/09/16/news/economy/Census_poverty_rate/index.htm?hpt=T1
http://www.foxnews.com/politics/2010/09/16/poverty-rate-jumps-level/[/QUOTE]
the fact that the bush administration left obamas administration with the largest debt ever accumulated in two terms, a couple wars and an economic nightmare that just blows reganomics and the conservative model out of the water… none of that could have anything to do with it… and the fact that obama cant fix this in a year makes him a failure??? another testament to your biased conservative position… madoff is a conservative byproduct… non interferance just makes it easier for the little guy to get ripped off… if the conservatives had their way there wouldnt even be an SEC…
anyways, its so unfair to expect anyone, republican or democrat, to clean up the mess left by the previous administration in even one term… its alot easier to mess up your room than it is to clean it up man, you should understand this if you want anyone to take any of your socio-economical opinions seriously…
[QUOTE=MasterKiller;1039381]I’m all for a flat rate. Just because you make more doesn’t mean your burden should be increased.
Ina country where everyone is equal, taxes should be equal.[/QUOTE]
Not only did you state that very well, I agree 100% with you.
Most of the beach houses in Shell Beach, Ca are empty. Every morning when I jog in front of those houses, I can’t see anybody in there. Those multi-million dollars houses are the 2nd vacation homes for those top 2%. If they can afford to leave their house vacant most of the year, they should have no problem to pay higher tax.
During tough economy time the rich should help the poor and higher tax is the least that they can contribute.
[QUOTE=Syn7;1039382]the fact that the bush administration left obamas administration with the largest debt ever accumulated in two terms, a couple wars and an economic nightmare that just blows reganomics and the conservative model out of the water… none of that could have anything to do with it… and the fact that obama cant fix this in a year makes him a failure??? another testament to your biased conservative position… madoff is a conservative byproduct… non interferance just makes it easier for the little guy to get ripped off… if the conservatives had their way there wouldnt even be an SEC…
anyways, its so unfair to expect anyone, republican or democrat, to clean up the mess left by the previous administration in even one term… its alot easier to mess up your room than it is to clean it up man, you should understand this if you want anyone to take any of your socio-economical opinions seriously…[/QUOTE]
This may be news to you, but Carter left Reagan alot worse of an economy than Bush left Obama. Interest rates were at all time highs, inflation was in double digits, and unemployment was quite high. The Misery Indes has NEVER been higher than it was under Carter. And Reagan did fine (there was a hiccup in 1982, but by 1983 the economy was full speed ahead). And don’t forget gas lines, and the Iranian hostage issue either.
As to this recession “blows reganomics and the conservative model out of the water”, please show me where Reagan and/or conservatives advocated people using ARMs to buy houses they could not afford, and I’ll admit you are right. We all know the mortgage mess was what got the ball rolling on this recession.
It’s gonna be really, really funny when Obamanomics continues to fail, and things only get better once we get large tax cuts (or other conservative economic principles in place). Of course when that happens you guys will just say it took awhile for Obama’s policies to finally kick in.
Regan also raised taxes. Obama hasn’t had a chance to do that yet.
[QUOTE=YouKnowWho;1039387]Most of the beach houses in Shell Beach, Ca are empty. Every morning when I jog in front of those houses, I can’t see anybody in there. Those multi-million dollars houses are the 2nd vacation homes for those top 2%. If they can afford to leave their house vacant most of the year, they should have no problem to pay higher tax.[/QUOTE]
And jealously rears it’s ugly head once again.
Let me give you some good advice for life. Be happy with what you have, and don’t get upset because of what others have. Trust me, you will enjoy life so much more.
[QUOTE=MasterKiller;1039390]Regan also raised taxes. Obama hasn’t had a chance to do that yet.[/QUOTE]
He cut ALOT more than he raised. And I’m referring to income taxes, as those rates have the quickest effect on the economy. Obama is now trying to raise taxes as we speak. Of course during the campaign he said it’s bad policy to raise taxes during a recession…
[QUOTE=BJJ-Blue;1039392]And jealously rears it’s ugly head once again. [/QUOTE]
When a company is in trouble, should the company lay off workers or just cut pay from those CEOs? I don’t see “jealous” play any part here. One CEO’s pay cut can save 1000 worker’s jobs. That’s just a simple math and even a caveman can figure that out.
You can present the voice for those top 2%, but I will always stand on the side of the lower 98%.
[QUOTE=BJJ-Blue;1039388]This may be news to you, but Carter left Reagan alot worse of an economy than Bush left Obama. Interest rates were at all time highs, inflation was in double digits, and unemployment was quite high. The Misery Indes has NEVER been higher than it was under Carter. And Reagan did fine (there was a hiccup in 1982, but by 1983 the economy was full speed ahead). And don’t forget gas lines, and the Iranian hostage issue either.
As to this recession “blows reganomics and the conservative model out of the water”, please show me where Reagan and/or conservatives advocated people using ARMs to buy houses they could not afford, and I’ll admit you are right. We all know the mortgage mess was what got the ball rolling on this recession.
It’s gonna be really, really funny when Obamanomics continues to fail, and things only get better once we get large tax cuts (or other conservative economic principles in place). Of course when that happens you guys will just say it took awhile for Obama’s policies to finally kick in. ;)[/QUOTE]
yeah… two words… oliver north…
regan was a criminal… and a wimp that let one of his henchmen take the fall for him… if he really believed it was the right way to act, he wouldnt have distanced himself when they got caught… only a retard would believe his hands werent all over that whole fiasco…
carter didnt leave two wars and his track record in the middle east was soooo much better…
i wouldnt vote rep or dem with a completely clear concience… i dont agree with all of obamas policy, but i’ll take him over bush every time… no matter what, both extremes are always going to be wrong… good government sits in the middle, closer to the middle the better… especially in a country that is so divided…
The system creates the rich. When the system is in trouble, the rich should contribute back to the system. That’s just simple logic.
Pres. Obama raised taxes? When?