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

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There's no fascination with you being a prick and Chihuahua being an asshole, just a pragmatic assessment of reality son.

Other men's cocks, assholes, semen, and some little hairless dogs.

Yes it's just a coincidence.
 
Fantastic NEWS!

Borrowing is up!

America is BACK!




Mainly on cars, but surprisingly, not the VOLT, and now Obama's talking tax credits for the Volt, although I thought GM was "rescued" and no longer in need of taxpayer bailouts, was CEO Obama lying to us? and on student loans, further fueling the student loan bubble that will eventually burst when not every graduate of woman's studies can get Rush to call her a slut and thus find means to pay back her loans short of "earning" her third doctorate...

;) ;)
 
Fantastic NEWS!

Borrowing is up!

America is BACK!




Mainly on cars, but surprisingly, not the VOLT, and now Obama's talking tax credits for the Volt, although I thought GM was "rescued" and no longer in need of taxpayer bailouts, was CEO Obama lying to us? and on student loans, further fueling the student loan bubble that will eventually burst when not every graduate of woman's studies can get Rush to call her a slut and thus find means to pay back her loans short of "earning" her third doctorate...

;) ;)

Government cash back on energy efficient vehicle purchases are nothing new. Hell, there are federal, state, and local energy efficiency subsidies for everything from toilets, windows, water heaters, vehicles, et al...

But somehow in your world giving people an incentive to conserve energy is a "Bad Thing™". For whatever reason, in your twisted little brain, government initiatives to encourage purchase of energy efficient products is President Obama's thing despite having been in place for decades.

Plying the "Government Motors" meme too this morning I see. Just one big fanatical fucking talking point. :rolleyes: Ever wonder why you're not taken seriously?

But not to leave anything out..

Still trying to defend the indefensible sexist Rush too I see. Glutton for punishment that you are. B-b-b-b-but it's different when someone you agree with does it, as usual, eh Cap'n Hypocrite?

Your hyper-partisan slip is showing, again. I'm just wondering where your marching orders came from this morning. Thinker? NRO? Reason? :cool:

I suppose conservatives have to set up some new goalposts since they didn't manage to keep us in an economic downturn despite the rampant obstructionism going on in congress. Back to bashing GM, college students (especially if they're female), and of course, the old standby, the President.
 
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Yes it is a bad thing for government to try and create winners, for that creates losers and market inefficiencies for they do it with money that is not their own.

If you reward GM for building a car you desire and then get them to sell it at a virtual loss, then Ford is hurt by losing a sale where they might have been competitive. Competition brings the best and cheapest to the market.

I'm all for better forms of energy, but there is a right way to do it and then there is the way that Mussolini or Stalin would choose to do it; brute force.

We all know where brute force eventually leads as one has to continue to take corrective actions to cover up the side-effects of the first intervention.

;) ;)

PS - Thank you so much for this morning's nonpartisan viewpoint; it is always so illuminating and refreshing in its politeness.

:)
 
Yeah, the government has to pay a person to use a toilet that don't flush or buy a car that isn't worth a shit.:rolleyes:

Don't you just love the tactic?

If you do not agree on our policy, then you hate clean energy, you want a dirty planet...,

Sounds a lot like Bush: You're either with us or against us.

;) ;)
 
Despite everything Obama has done to ruin it, the economy is getting better. And while a growth rate of 2.3% and an unemployment rate of 8.3% are not exactly worth bragging about, the president is doing just that. The direction of the economy, it seems, is more important than the record of the past three years.

The problem is that the present direction is largely the product of this administration's unprecedented deficit spending and of monetary loosening on the part of the Fed. Once these forms of stimulus are withdrawn, as they must be after the election, the direction of the economy will reverse.

The real question for voters is not direction of the economy in the months leading up to the election. It is Obama's record over the previous four years and the likely direction of the economy after the election.

Half of that information is already known. In what may be the understatement of the year, the Congressional Budget Office recently noted that "in the recovery [from the 2008-2009 recession], the pace of growth in the nation's output has been anemic compared with that during most other recoveries since World War II." In fact, in every month of Obama's presidency, the unemployment rate has been above 8%. And at no time has GDP growth been higher than 3%. That is the worst post-recession record of any president in American history.

But what of the future? In its report entitled "Budget and Economic Outlook: Fiscal Years 2011 to 2021," the CBO reported that, given likely policy outcomes, "production and employment are likely to stay well below the economy's potential for a number of years." Indeed, the CBO projects that the economic growth rate will remain 2.3% throughout the decade, even under the best scenario (ignoring, for example, the inevitable effects of the business cycle). Private economists are more forthcoming: if the Bush tax cuts are not fully re-enacted, GDP growth will be cut by as much as 1%. Even Christine Romer, Obama's former economic adviser, has stated that "an exogenous tax increase of one percent of GDP lowers real GDP by roughly three percent." If all of the taxes Obama has proposed are enacted, taxation as a percentage of GDP will permanently increase from the recent historical level of 18% to over 24%. According to Obama's own adviser, that amounts to an extraordinary reduction of 18% in potential GPD growth.

An important Heritage Foundation paper, "Obama's Tax Hikes: The Economic and Fiscal Effects," studied the effects of Obama's proposed tax increases for FY2011 and FY2012. These are the same increases that he promises to enact if re-elected. Between 2013 and 2019, Obama's tax increases on small business owners and investors will cost an average of 799,000 jobs per year. Moreover, the destructive effects would continue for years beyond that. Enactment of Obama's tax plan would cut GDP by more than $1 trillion over the following decades.

It's important to recognize that Obama's plan to raise taxes on "the rich" is, in reality, a tax increase on all Americans. In reality, it is working Americans who would be hit the hardest under Obama's tax increases as small businesses fail, investment declines, and consumer spending is curtailed. Voters need to see Obama's tax proposal for what it is: not a tax on the rich, but an enormous transfer of wealth from the American people to government.
Jeffrey Folks

Read more: http://www.americanthinker.com/2012/03/economic_outlook_worse_after_the_election.html#ixzz1oWodkbtW

If you ask me, I think what we're experiencing isn't in fact closer to a "growthless" recovery than to a jobless one. Because GDP started to grow more than a year and a half ago, but with the exception of just a couple of quarters, growth has not been noticeably above its trend rate of about 2-1/2 percent a year. I don't rejoice at the news that we added 216,000 jobs in March. About a hundred thousand of that 216,000 is needed every month just to keep up with the growth in the labor force. At this rate of job growth, it would take most of the decade to replace the eight 8-1/2 million jobs that were lost in the recession.
Christina Romer
Chairwoman of Obama's White House Council of Economic Advisors
 
They always know what's best for everyone, don't they? Busy little bees...

Hitler did arise from nothing; he came from an intellectually established framework of Kantian thought that dominated 18th century Germany which markedly felt the same way about the State and its goodness as does the modern Liberal/Democrat/RINO...

:(
 
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