What happened to all of the doom and gloom economic threads?

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How about not passing the health care bill... how about less spending. less tax hikes on investors, businesses, and individuals. Health care was our fastest job creators, we took a major step backwards.

Outcome and results, thats what Obama will be judged on. By the way, businesses create jobs, not goverment

Show where Obama hiked (net) taxes on investors, businesses, and individuals?

I have a link to almost 300 billion in tax cuts to these entities via the stimulus package. What do you have that shows that Obama gave us a net tax hike?

Health care is still growing extremely fast. Not only that, but giving 32 million Americans health coverage is giving private insurers 32 million more customers, increasing demand for pharm, and increasing demand for medical professionals and para-professionals. And increasing (dramatically) demand for administrative staff, etc.

Not sure how where you're getting that the medical field is shrinking...
 
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At least I didn’t say if you click your heels together five times that you will be CEO of your imaginary Dell, Jr company

Does it burn you that I'm not on welfare? Why so bitter?

What do you do for a living? Mooch off welfare?
 
Does it burn you that I'm not on welfare? Why so bitter?

What do you do for a living? Mooch off welfare?

I’m not the one trying to convince myself….there is no shame in welfare unless you are milking the system. Are you?
 
I’m not the one trying to convince myself….there is no shame in welfare unless you are milking the system. Are you?

I handle benefits for a living. Would be funny if I was on welfare.

Seriously, what do you do for a living?
 
You're unemplyed, aren't you?

I own a computer repair company, and on my business card under my name it says CEO:cool:

but even though I have a profitable business, and I'm looking to hire a new person, I'm a full time HR person
 
I own a computer repair company, and on my business card under my name it says CEO:cool:

but even though I have a profitable business, and I'm looking to hire a new person, I'm a full time HR person

"Even though"?

I can tell you've never worked in the private sector.
 
Sorry running out of steam, I’m not like you in that I can sleep in till noon. Just saying...but its been fun.

You're so cute the way you avoid people pulling your card, Jen. ;)

Now get yer tanned conservative wifely ass in that kitchen as is yer born duty and make me my sammich. Barefoot this time. You know I likes it traditional style. :D
 
SSSSSSSshhhhh......Quit wishing for Bush..., I mean AMERICA to fail. According to the Democrats, we're in the twelfth year of recession...
 
All he wants to do is redistribute some of our money southward to make up for years upon years of a white man's greed leaving a world in need...




I never heard Wright say that; even though I quoted him in my book and say it in the audio version...

;) ;)
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When I was asked earlier about, uh, the issue of coal. Uhhh, y'know, under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket....
We would put a cap-and-trade system in place, eh, that is as aggressive, if not more aggressive, than anybody else's out there. So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them because they're gonna be charged a huge sum for all that, uh, greenhouse gas that's being emitted.

Barack Hussein Obama
Editorial board meeting, San Francisco Chronicle
January 2008

The US economy for a long period of time was the engine of world economic growth. We were sucking in imports from all across the world financed by huge amounts of consumer debt. Because of the financial crisis, but also because that debt was fundamentally unsustainable, the United States is not going to be able to serve in that same capacity to that same extent.
Barack Hussein Obama
 
Good read...

Central banks, by artificially expanding the supply of loanable funds in order to generate a temporary boom, drive down the market interest rate and distort these signals. At a lower interest rate, producers are inclined to borrow money and invest it in capital goods, on the assumption that consumers are saving to purchase more goods and services in the future. In fact, consumers are not saving; they are continuing to consume goods in the present.

Those artificially low interest rates eventually must rise, usually when the government raises the interest rate to combat the inflation it created by lowering it. As a result, the cost of the labor and capital needed to produce capital goods rises beyond what producers expected, so they begin to lay off workers and abandon capital investments. The end result is that producers have used up resources in order to produce future goods for which there is not a sustainable demand. This is what Hayek calls “malinvestment,” and it is the fundamental cause of the boom-bust cycle.

The longer the boom is maintained, the worse the bust will be. Mises likened the process to a builder who designs a house thinking he has more bricks than he does. The longer he continues to build, the harder it will be for him to redesign the building once he discovers how many bricks he actually has.

http://article.nationalreview.com/print/?q=MjAwMWM2M2YxNGZlYjZmNjkwNDYxY2YyYzRhYmIwYjQ=
 
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