The future of America with the Tea Party in control

Very good JM, I think you prove my point that education is most likely not to be had the illegal immigrants.

 

I'd like to know who those economists are...

 

True, they had help from the feds, bailing out liberal states is not the answer either. NJ under the leadership of Chris Christie has been able to balance their budget, what did they do that made them so different from the rest of the quacks in the northeast?

 

Ludicrous that I can point out specifics that I like and others like but yet you cannot back up your arguement about what you don't like? All you are doing is proving that you have no idea what's in the stimulus plan and you fallback on the simplistic talking point of "The Pres said UE wouldn't rise and it did!" There's a reason that the teabaggers and the GOP always fall back on that talking point, it's a very, very, simple soundbite repeated to you because Fox News, Palin, Limbaugh, and Beck know you're not going to actually do any research on your own.

And don't give me this crap about how you and the rest of the teabaggers/GOP are suddenly fiscal conservatives. Until your ilk stands up and says "damn Reagan, Bush Sr. and W oversaw the biggest increase in borrowing and spending and their borrowing wasn't even worth it because it greatly increased the debt/GDP."

Until I hear one teabagger stand up and say "huh I should be complaining about spending on defense not the stimulus that lowered my taxes and provided money for infrastructure. Afterall I would rather build a road here then pay to blow one up and rebuild over there." Then you may have a shred of credibility.

 

He's done no such thing. He basically just delayed pension payments and refused to pay tax rebates to close most of the budget deficit, neither of which is a long term solution to anything. As a result, next year's projected deficit - $10 billion - is larger than the projection was for last year's budget during the Christie campaign.

 

It's obviously more than 2 clicks away to find out where the $787 billion dollars went by line item, which normally renders me to resort to extremist right wing shooting of my rifle, the water painting of racist slogans with my 9 year old niece, condemnation of all that is not Christian, and a b***h slap of all CNN reporters, I decided to take control of my life. Since I hadn't actually done any of my own research and the fact that I ceremoniously take the word of Limbaugh, Beck, Hannity, Palin and the Fox News Network as the alpha and omega of all that is conservative thought by pouring out a little liquour for my right wing extremist homies, I decided to actually do some research and see what these line items on the bill are via my imbred cousin Jeremiah from Mississippi:

http://online.wsj.com/public/resources/documents/STIMULUS_FINAL_0217.html

Jeremiah and I believe that Energy Tax Credits are a complete joke and waste of taxpayer money. I want to see Big Oil crush and decimate the green energy movement. I don't particularly have to like Big Oil, but I depend on them and I and my children and my children's children and probably my children's children's children will be depending on them as well. Of course, the wise and all knowing Barack Hussein Obama who understands that Big Oil is evil, that they serve no one except themselves, and is a freaking idiot hippie, is trying to jumpstart this green economy along with all the green jobs that were promised. Did you know that these stupid crap green energies will produce less than 5% of the energy that will be needed by America in the 21st century? Yet, we are trying to jumpstart a fledgling economy by investing in this market?

 

Let me get this straight, you're saying that he REFUSED to pay pension payments and REFUSED to pay tax rebates to CLOSE the budget deficit and as a result of standing up to these corrupt and bloated Unions, the projected deficit will be $10 Billion? What entails the refusal? Will he pay interest? Are they going to court? Pension payments for government employees, you have a problem with that? Or should we just tax the s**t out of the millionaires as originally proposed to close that gap, b/c the millionaires are greedy wealthy elitists who don't contribute anything to the economic engine?

 

How sad, this is the difference between Dems and Cons, Dems have the backbone and the determination to push forward into the future. To take risks and aspire for greatness. The idea of hope and change has been sullied by a group of defeatist scared children who think status quo is fine. America is about pushing the envelope, putting a man on the moon, the internet, home computers, innovation, innovation, innovation. Look how far we have come in just the last half century with technology and you think it's a waste of time to move beyond oil? To strive to be better? Faster? Cleaner? More efficient? Less expensive? Some of us as Americans actually want to see this country be better. I guess we could have stopped with horses and buggies. Thank God you are here to arbitrarily inform us all that this is the peak and we should all stop now.

Green energy will help this country rebuild it's manufacturing base. Our problem is people like you. We have had this 'fledgling technology" since the 1960s in the case of hybrid cars. Tesla for example has built a car that can go 0-60 in 5 seconds and goes 300 miles to a charge. All electric. They did it as a small startup. Now imagine if GM would have poured money into the hybrid tech they started in the 1960s? YOu don't think 50 YEARS LATER, that we could all be driving electric vehicles?

I for one see a day when the hidden tax of energy that is built into every product and service we buy is eliminated. Istead of a chicken in every pot I want a solar panel on every roof and a electric car in every garage. This is not only cleaner but saves every American the cost of electricity and gasoline. Freeing up money for other goods which sould be cheaper since the cost of energy for their factories and transportation is nill as well.

This is only a fledgling industry because of people like you, looking to thwart the rebuilding of our manufacturing base and the resurgence of America's prominence as a beacon of innovation and hope.

God help us no wonder we have fallen so far in education with people like you going around and telling everyone it's pointless to try and be better.

 

must.not.respond.

 

Philly, I think you and I share a common interest, America needs to start building again. Buidling what? S**t, bulls**t, crap that does crap, whatever it is, it needs to be sweated in America. My contention and belief has always been American Excellence, we are the best, we are the ones pushing the envelope. We are the ones that have a Green "Standard". Already? Yeah already, because if there is a better and more efficient way to do it, we are the ones who figured it out and made it a best practice. Even though I absolutely disagree with the politics behind the green movement, I will take a Green Certified ISO building in America, than I would a ISO certified facility in China. So it makes me think, Philly, where do we disagree? I think it is our understanding of our energy source in the 21st century. Did you know that having a solar panel on your crib in Israel is a law? Philly, it doesn't matter what I think, it matters what we are going to do. We will never be able to accomodate a renewable energy source to produce more than 5% of the power we need. With that said, do we attack the oil companies, do we attack the natural gas companies, why do we blame them?

 

You attack oil producing countries and blame them.

 

That's nothing to smile about dude. That's my question, how far do we go? America has enough domestic natural resources to get us through at least the first 50 years of the 21st Century. Yet, we continue to rely on the Arab States. Wow, my right wing a** doesn't find that a bit odd or alarming. You're telling me, that we are going to continue to do business with the very same elite whose religous right believes we are evil?

 

John Makin for the American Enterprise Institute.

[rquoter]
We can expect 2010 to be a volatile year. This likelihood is underscored by looking back at 2008 and 2009. Two thousand eight was a highly volatile year leading up to the collapse of Lehman Brothers in September, which was followed by the risk of a total systemic meltdown. That sharp and obvious risk spike prompted massive policy responses that were simply the largest that central banks, with rate cuts and liquidity provision, and governments, with tax cuts and spending increases, could manage. The result--beginning in March 2009--was a linear rise in the prices of risky assets, the result of massive relief once the slip into a global depression had been averted and the acute phase of the crisis in the financial sector had passed.

The real economy also responded to the massive stimulus but remained heavily dependent on it. In the United States, growth during the second half of 2009 probably averaged about 3 percent. Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009.
[/rquoter]

Translation in bold

We can expect 2010 to be a volatile year. This likelihood is underscored by looking back at 2008 and 2009. Two thousand eight was a highly volatile year leading up to the collapse of Lehman Brothers in September, which was followed by the risk of a total systemic meltdown. Banks almost broke everything. Everyone scared ****less.

That sharp and obvious risk spike prompted massive policy responses that were simply the largest that central banks, with rate cuts and liquidity provision, Government intervention

and governments, with tax cuts and spending increases, could manage. more intervention

The result--beginning in March 2009--was a linear rise in the prices of risky assets, the result of massive relief once the slip into a global depression had been averted and the acute phase of the crisis in the financial sector had passed. This is what government waste and spending did.

The real economy also responded to the massive stimulus but remained heavily dependent on it.The economy grew to government waste and excess, but can't grow without it. MEANING...Businesses and consumers aren't spending and won't grow the economy until they do. IN OTHER WORDS...the government is the Spender of Last Resort.

In the United States, growth during the second half of 2009 probably averaged about 3 percent. Not the greatest in making jobs but at least people are keeping them

Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009.lalalalala I can't hear you, I still think a stimulus with 200 billion in business tax cuts and 250 billion in individual tax cuts and entitlement extensions didn't matter.

 

A linear rise in Risky Assets? And what assests would those be? All the S**t thats out there and nobody wants to buy b/c they are scared....and I don't blame them. Who is going to put out in this climate? Yet, we bloat the Fed. Govt. to unprecedented levels and expect something good to come out of it?

 

I had my fun. This is getting sad.

 

I find it refreshing you find this sh***y economy fun. It is pretty sad you enjoy macroecon on a federal new deal level which was precisely how we got out of the depression, right?

 

Former Sen. Chuck Hagel (R-NE), the chairman of the Atlantic Council:

 

That is correct. The New deal helped greatly in getting out of the depression.

 

Alright, that's.....yes of course

 

The New Deal was an unprecedented power grab by the federal government and the beginnings of the socialist views. The real reason, immense savings had accumulated within the consumer base due to a rationing of consumer goods because of the war. There is absolutely no evidence that supports FDR's massive government projects as contributing to personal wealth and economic growth.