mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
You said the economy was improving, which is Obama bullshit simply repeated.
It's the private sector's own assessment. Does Wall Street get its analysis from Obama in your world?
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You said the economy was improving, which is Obama bullshit simply repeated.
You don't read very well do you?
Next Wednesday it will be downgraded to half as much.![]()
The number of Americans filing new claims for unemployment benefits last week fell by the most in two months, government data showed on Thursday, a hopeful sign for the struggling labor market.
Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 374,000, the Labor Department said. The prior week's figure was revised up to 388,000 from the previously reported 386,000.
merc, where the hell is that quote about how I said the constitutionality of of ObamaCare was going to wreck the markets?
I've been waiting a week now. Is all you know the art of "Serious Charges?"
You don't read very well do you?
The jobs deficit from this recession is much larger than those in previous recessions. The economy would have to create an average of 207,000 jobs each month for the next two years just to return to the December 2007 level of employment — and even more to restore full employment, since the population and potential labor force are now larger. Economic growth will have to pick up substantially to see a strong jobs recovery begin.
http://www.cbpp.org/cms/index.cfm?fa=view&id=3252
AJ, I apologize. You must have never said that Obamacare being upheld would hurt the markets. And you must have never C&P'd anything like that (I wouldn't know since I don't read your pasted crap).
You therefore think that Obamacare isn't bad for the economy after all. Welcome to our team, bro!
I know you could not find the quote.
I never said it would be good or bad, I said the UNCERTAINTY was hurting; it was one of the three uncertainties.
Team? Is that all you can do is assign people group membership?
Now, you are mixing markets and economy.
Stick with one serious charge at a time.
I will maintain the new 3.8% on investment income will impact the market, especially when you add it the post Bush tax cut capital gains rate of 39%.
3.8 since when?
You're cherry picking. Look at the recovery since its beginning. BTW, 3.8 means an improvement is happening.
Obama care imposes a 3.8% new tax on investment income. If for instance you make 180,000 in wages and 30,000 in investment income you will exceed the $200,000 income threshold and pay the tax on the $30,000. When the Bush tax cuts go away you will pay 39% plus the 3.8% or 42.8%. I think that will impact the market.
PS: Obama lied, he is going to raise taxes on those making less than $200K
The floater, the Euro, is still taking the terror ride around and down the inside of the bowl.![]()