Come on Sam, this is below you, your one of my favorite libs on here and this is the best you can do? You know perfectly well that your man Obama is ruining this country. I'm scared of Mitt too but he has to be better than Barry.
Go out and get yourself an education. Fox and their surrogates have misled you and you don't even seem to know it.
It's not even remotely close to the best because it's not a challenge or even a contest. Your hypothesis that income doesn't count because something something debt isn't a serious one because it would get you an F in any college level economics or accounting class. Not even going to mention the whole private equity irony because it would be like reading The Corrections to a goldfish. And by that i mean a cracker goldfish.
Thanks for your advice on the edumacation, I'm doing fine thank you. Just so you know, I haven't watched more that 10 minutes of Fox news in the last year. I did watch FSN today and fully enjoyed my Pokes beating the dog out of TCU.
No, you're not. You don't seem to understand the basic fact that government is and always will be a huge part of GDP. That is a very basic economic fact to which you seem oblivious. You don't have to watch Fox to be completely snowed by their surrogates, as you evidently are. Unfortunately, you have chosen to believe liars over facts, which is the reason people are poking fun at you.
See, the funny thing your missing is that 1.3 Trillion in deficit spending is not a basic economic fact. The fact is, no one has ever seen anything like it ever in the history of the planet, so don't act like its normal. Yes, government spending in the US is a large part of GDP but deficit spending on this level does not a healthy economy make. The only people poking fun at me are the ones that only talk about doing their part and don't actually have to carry the tax burdens around here.
I'm not missing it at all, but you don't seem to know where those deficits came from. Note the HUGE impact of the Bush tax cuts and then think about the effect of reversing those tax cuts on the deficit.
Dishonorable debt jubilee will get the economy going again. I think that this is what the Federal Reserve aims to do with this new round of quantitative spending. The way I see it, it's good to let people off the hook so they can be spared the misery, but this will lead people to restart their bad habits. Bad habits die hard and people have short memories, sometimes too short. You want good economic news - the EU is in shambles, China's economy is deflating and in the last US presidential debate neither candidate mentioned Canada or Mexico, like the US's closest foreign policy.
1.wrong again, as we've documented you know nothing about economics so for you to make claims about economic history is an auto fail. 2. Rest assured i use fancypants book learning to subidize your lifestyle chief. Be grateful
I haven't changed anything, still trying to get you to understand what caused the deficits, since you think Obama is to blame for most of it.
All we've documented is that you and your mob mentality lib posse in here are arrogant rude and really don't have anything to offer outside of attacks and insults. I state a fact and your only answer is... your an idiot so anything you say is stupid. It really shows the true colors of a small man. Rest assured that you haven't "subidized" anything in my life "chief". I'll return to the GARM now, you have reminded me that there is nothing to see in here but small minded people with nothing to do but gang up on anyone that doesn't think like them. Good day.
rolling rolling rolling.... POLITICO Breaking News ------------------------------------------------- The economy added 146,000 jobs in November while unemployment fell to 7.7 percent, the Labor Department reported Friday. Thanks Obama!
Thanks Obama! The economy added 236,000 jobs in February while unemployment dropped to 7.7 percent, the Labor Department reported Friday. Most analysts predicted job growth of around 165,000.
Why haven't bigtexx, basso, et al posted in this thread lately? Are they not happy America is doing well?
wut Republicans have spent the past years decrying Obama as the sole reason for GDP descent. I think people need to apply their logic consistently. Either the president has an impact on macroeconomics, or none at all (I lean more towards the latter, though there are subtle differences that can allow for some influence).
I agree although it's not necessarily all or nothing. Like you indicated, it's certainly closer to a relative minimal effect... for the most part. I do, however, find the chest beating (either way) rather humourous in these cases.
