114
   

Where is the US economy headed?

 
 
georgeob1
 
  2  
Reply Tue 13 Sep, 2011 07:19 pm
@Thomas,
Thomas wrote:

cicerone imposter wrote:
I believe we're in a new era of understanding; georgeob said he agreed with me this week, and now Thomas...

I worry if George is feeling alright.


I am Thomas, and thanks for the expression of concern. I too have been concerned by your apparent distemper and, as well, the changes in your views (as I perceive them) since you came here.

Perhaps we could all use a drink.
cicerone imposter
 
  2  
Reply Tue 13 Sep, 2011 07:48 pm
@georgeob1,
Yea, and I'll buy. Wink
georgeob1
 
  1  
Reply Tue 13 Sep, 2011 08:20 pm
@cicerone imposter,
I did enjoy the bottle of wine you gave me.
cicerone imposter
 
  1  
Reply Tue 13 Sep, 2011 08:51 pm
@georgeob1,
Glad to hear it.
0 Replies
 
hawkeye10
 
  1  
Reply Wed 14 Sep, 2011 02:42 am
Let's talk about where we have been recently, shall we??

Quote:
And in new signs of distress among the middle class, median household incomes fell last year to levels last seen in 1997.

Economists pointed to a telling statistic: It was the first time since the Great Depression that median household income, adjusted for inflation, had not risen over such a long period, said Lawrence Katz, an economics professor at Harvard.

“This is truly a lost decade,” Mr. Katz said. “We think of America as a place where every generation is doing better, but we’re looking at a period when the median family is in worse shape than it was in the late 1990s.”

The bureau’s findings were worse than many economists expected, and brought into sharp relief the toll the past decade — including the painful declines of the financial crisis and recession —had taken on Americans at the middle and lower parts of the income ladder. It is also fresh evidence that the disappointing economic recovery has done nothing for the country’s poorest citizens.

http://www.nytimes.com/2011/09/14/us/14census.html?_r=1&hp
Miller
 
  2  
Reply Wed 14 Sep, 2011 08:55 am
@hawkeye10,
If you don't believe that things are really bad, just walk down any middle class street and see all the folks outside picking away at the garbage in the daylight.

We used to have just bootle/can collectors, but now folks are picking through the grabage and even eating a few"goodies".

And, in the meantime, I just reviewed the latest LLBean Fall catalogue and observed that no clothing ( as far as I could find ) was made in the USA.
LLBean lists the items as "imported".
0 Replies
 
H2O MAN
 
  -2  
Reply Wed 14 Sep, 2011 09:13 am


Small businesses aren't optimistic

By Neal Boortz

It was no surprise to read this headline today: U.S. Small Business Optimism Weakens Again in August. Wow, you mean to tell me that small business optimism hits the skids the very same month that the private sector manages to create zero jobs? At least it didn’t read: Small Businesses Optimism “Unexpectedly” Weakens. I guess after six month of declining confidence numbers from small businesses, the journalists have finally given in to the fact that this is exactly what you would expect – especially with an anti-business president in office.

For the sake of millions of Americans who are still without work, I hope that the employment numbers start to increase. I even held out some hope --- not much, but maybe just a little, that Dear Ruler’s job bill would truly be something to cheer about … though I was absolutely not surprised when he delivered the final result: more government spending to save union jobs and tax increases on the rich.

The truth, I suspect, is that Obama never really thought that his “American Jobs Act” would create any significant increase in private sector employment. For his first presidential campaign Obama wrote a book, for his second campaign he writes legislation. This was a campaign bill, nothing more. Unions were mightily ticked off at Obama because he failed to deliver the Unionization by Intimidation (Card Check) bill to them, and they’re not thrilled with the Panama, Columbia and South Korean trade agreements. He needed to throw them a bone to get them out and actively working for his reelection next year. He thought his jobs bill would take care of that.

Then Lord Obama discovered that he could also use the jobs bill to appeal to the wealth envy crowd while advancing his income seizure and redistribution philosophy. So four days after the jobs speech he announced it would be funded with tax increases on the evil rich.

So it would seem that the problem here is the American people, not Obama. He knows what he’s doing; pandering to wealth envy and unions. He knows you don’t promote employment in the private sector by raising taxes on the very people you want to create all those new jobs for you. He also knows that a huge segment of the American public doesn’t get it --- so off he goes on his phony jobs bill tour.

Clearly Obama thinks that there are enough people who aren’t paying attention out there who won’t know any better. In his speech last week, he sold us the same goods and didn’t even bother to change the wrapper. To those of us who are paying attention, the audacity is verging on insulting. It almost feels as though Obama is looking for an excuse to raise taxes on the rich .. as if it will fulfill some sort of inner, brooding Marxist. He tried it to pay for ObamaCare. Didn’t work. He tried to end the Bush tax cuts for the wealthy. Didn’t work. And all of this occurred when Democrats had complete control of the Congress. A smart person would learn from his mistakes. But instead, Obama will continue to beat the class warfare drum from here until 2012, because it is all he has left. He panders to the lowest common denominator. And if he manages to win on this class warfare campaign … BOHICA!
okie
 
  1  
Reply Wed 14 Sep, 2011 09:36 am
@H2O MAN,
H2O MAN wrote:



Small businesses aren't optimistic

By Neal Boortz I guess after six month of declining confidence numbers from small businesses, the journalists have finally given in to the fact that this is exactly what you would expect – especially with an anti-business president in office.
Conservatives warned the nation about this before Obama was elected. Obama simply has the wrong foundational beliefs to deserve being elected again to be president of this free and capitalistic country.
Cycloptichorn
 
  1  
Reply Wed 14 Sep, 2011 09:51 am
@okie,
What a bunch of horseshit, Okie. You'd say the same about any Democrat.

I should also add that, as much as Obama takes crap on the economy from voters, he's STILL more trusted on these issues than the GOP is -

Quote:
President Obama’s disapproval ratings may be at an all-time high, but in a new CNN/ORC International poll, more Americans say they trust him on economic matters more than they do Republicans in Congress.

The survey released on Wednesday shows that although a lot of Americans are still unsure what’s in the president’s new jobs bill, they like most of the major proposals offered in the plan that was sent to Congress Monday.

“By a 43-35 percent margin, a plurality of Americans approve of the economic program Obama outlined in his speech to Congress last week, but more than one in five don’t have any view at all of the jobs bill,” says CNN Polling Director Keating Holland.


http://politicalticker.blogs.cnn.com/2011/09/14/cnn-poll-more-americans-trust-obama-on-economy-over-republicans-in-congress/

Cycloptichorn
okie
 
  0  
Reply Wed 14 Sep, 2011 09:59 am
@Cycloptichorn,
Cycloptichorn wrote:

What a bunch of horseshit, Okie. Cycloptichorn
It is not at all and I think you know it. It is absolute truth.
Cycloptichorn
 
  1  
Reply Wed 14 Sep, 2011 10:02 am
@okie,
okie wrote:

Cycloptichorn wrote:

What a bunch of horseshit, Okie. Cycloptichorn
It is not at all and I think you know it. It is absolute truth.


Nah, it's horseshit. You don't have actual arguments against him, just nebulous bs.

I updated my earlier post to show that the things Obama is proposing are more popular with the voting public than the GOP's constant mantra of 'cut taxes for the rich, cut regulations for business!' Your party literally hasn't had a new idea in decades.

Cycloptichorn
H2O MAN
 
  -1  
Reply Wed 14 Sep, 2011 10:07 am
@Cycloptichorn,
Wrong!
0 Replies
 
cicerone imposter
 
  1  
Reply Wed 14 Sep, 2011 10:08 am
@Cycloptichorn,
What is most telling is the simple fact that the gOp hasnt provided any new plans to create jobs.
0 Replies
 
okie
 
  0  
Reply Wed 14 Sep, 2011 10:09 am
@Cycloptichorn,
Cycloptichorn wrote:

okie wrote:

Cycloptichorn wrote:

What a bunch of horseshit, Okie. Cycloptichorn
It is not at all and I think you know it. It is absolute truth.


Nah, it's horseshit. You don't have actual arguments against him, just nebulous bs.
No. His Marxist sympathies and anti-business sentiments were all documented before his election. Sadly, you are an example of those that were either too dumb to catch on or you also have a similar mindset as Obama, which I think sadly is true in your case, cyclops.
H2O MAN
 
  0  
Reply Wed 14 Sep, 2011 10:09 am



The response from the left is telling... it's telling me that democrats are in a panic.
Democrats fully realize their god like figure Obama is an inexperienced empty suit.
0 Replies
 
okie
 
  0  
Reply Wed 14 Sep, 2011 10:11 am
@Cycloptichorn,
Cycloptichorn wrote:
Your party literally hasn't had a new idea in decades.

Cycloptichorn
Now that is total bs. Do you live in a bubble?
Cycloptichorn
 
  1  
Reply Wed 14 Sep, 2011 10:11 am
@okie,
okie wrote:

Cycloptichorn wrote:

okie wrote:

Cycloptichorn wrote:

What a bunch of horseshit, Okie. Cycloptichorn
It is not at all and I think you know it. It is absolute truth.


Nah, it's horseshit. You don't have actual arguments against him, just nebulous bs.
No. His Marxist sympathies and anti-business sentiments were all documented before his election. Sadly, you are an example of those that were either too dumb to catch on or you also have a similar mindset as Obama, which I think sadly is true in your case, cyclops.


I think it's pretty funny, you accusing anyone of being 'too dumb,' Okie. You regularly forward half-baked and poorly thought out arguments here.

Do you acknowledge the truth that I pointed out above - that most Americans simply don't agree with your opinions on this matter? That polling shows the Prez as being more trusted, and his ideas being more worth pursuing, than the ones you champion?

Cycloptichorn
0 Replies
 
Cycloptichorn
 
  1  
Reply Wed 14 Sep, 2011 10:12 am
@okie,
okie wrote:

Cycloptichorn wrote:
Your party literally hasn't had a new idea in decades.

Cycloptichorn
Now that is total bs. Do you live in a bubble?


Oh, really? So, tell me: other than cutting taxes and regulations, what are the ideas Republicans have put forth for anything? For how to deal with any of our issues we face as a nation? If it's total BS, you ought to be able to give me lots of examples.

Cycloptichorn
okie
 
  0  
Reply Wed 14 Sep, 2011 10:18 am
@Cycloptichorn,
There are so many that frankly I do not feel like wasting my time on your closed liberal mind. I have other things to do today. The Fair tax is one that deserves serious consideration, but I predict you have not enough intelligence economically to figure out why.
Cycloptichorn
 
  1  
Reply Wed 14 Sep, 2011 10:21 am
@okie,
okie wrote:

There are so many that frankly I do not feel like wasting my time on your closed liberal mind. I have other thigs to do today. The Fair tax is one that deserves serious consideration, but I predict you have not enough intelligence economically to figure out why.


The 'fair tax' is a tax cut. It's designed to cut the amount of taxes you pay. Doesn't count.

I think it's pretty funny that you couldn't come up with a single ******* thing Republicans have proposed in the last few decades that isn't a tax or regulation cut.

You don't have **** else to do today, Okie, that would have kept you from writing a sentence or two about all the great new ideas your party has. Just a lack of things to write about.

Cycloptichorn
 

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