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

[unregistered]

 

[Sean Renaud]

I got a better idea, lets get the government the hell out of the economy in the first place and let the market determine economic outcomes. It ain't rocket science.

Fuck that. We are way to far past most Americans being self-reliant for that to be on the table without some serious changes. Besides, I like government in my economy. It seems to speed things along quite nicely.

 

[unregistered]

 

[Sean Renaud]

You can see how it's working for you right now. Obama and his economic vision is the biggest foreign job recruiter there is.

It's actually working decently for me right now and you guys have never produced evidence that outsourcing increased under Obama nor pointed to specific policies that Obama put together. You're willfully ignorant that we're still the world's number one manufactuer and that outsourcing isn't by definition bad.

 

[RobDownSouth]

Tech Stocks push S&P 500 to 2 1/2 month High

Strong performance by IBM, Ebay and Qualcomm push stocks higher

AJ and his gang will be along shortly to complain about the price of cinnamon in Cyprus.

 

[unregistered]

 

[Beco]

Tech Stocks push S&P 500 to 2 1/2 month High

Strong performance by IBM, Ebay and Qualcomm push stocks higher

AJ and his gang will be along shortly to complain about the price of cinnamon in Cyprus.

big whoop.....if ya ain't got a job, ya aint buying no PC or iPad's....

-Blackstone predicts 6 million forclosures over the next 5 years, people cant afford their mortgages .....

ya know? but hey, tech stocks are UP..............***** is good

 

[bra_man69]

Tech Stocks push S&P 500 to 2 1/2 month High

Strong performance by IBM, Ebay and Qualcomm push stocks higher

AJ and his gang will be along shortly to complain about the price of cinnamon in Cyprus.

Stocks rose on Thursday for a third straight day, with the S&P 500 at a 2-1/2 month high, as earnings from technology companies and expectations for more monetary stimulus outweighed weak economic data.

Now tell us about monetary policy we'll wait
You don't even read what you post do you

 

[koalabear]

Tech shares send stocks higher

Tech Stocks push S&P 500 to 2 1/2 month High

Strong performance by IBM, Ebay and Qualcomm push stocks higher

AJ and his gang will be along shortly to complain about the price of cinnamon in Cyprus.

Old news, try to keep up.

 

[unregistered]

 

[Sean Renaud]

Obama's next dictatorial move will be to undo the Clinton welfare reform with an imperial executive order.

You mean his first dictatorial move, and can you show me where spending is down, the employment improved or anything else great came from said welfare reform?

 

[bra_man69]

You mean his first dictatorial move, and can you show me where spending is down, the employment improved or anything else great came from said welfare reform?

 

[unregistered]

 

[bra_man69]

Son, you gotta get an education. That reform saved all kinds of fucking taxpayer money. The thing that pisses Obama off is the work requirement, so Clown please. This is Obama being a dictator and trying to buy more votes.

Funny if someone won't work why does one think there going to vote

 

[Sean Renaud]

Son, you gotta get an education. That reform saved all kinds of fucking taxpayer money. The thing that pisses Obama off is the work requirement, so Clown please. This is Obama being a dictator and trying to buy more votes.

Where is the evidence that it saved all kinds of money? I assume you know someone who I can read that shows that we saved money by doing this or is it, like so many other things, just something you feel?

 

[koalabear]

Where is the evidence that it saved all kinds of money? I assume you know someone who I can read that shows that we saved money by doing this or is it, like so many other things, just something you feel?

Try Sgt.Gomer, you two post alike.

 

[unregistered]

 

[BotanyBoy]

http://anadder.com/republicans_vs_democrats.jpg

Proof is in the pudding....the pub's obviously have the whole making money bit down, just look at their women.

 

[unregistered]

 

[Sean Renaud]

Damn man, it's common knowledge this bipartisan piece of legislation has saved billions. Just Google "Clinton welfare reform" and study it for yourself. It was estimated to save over 50 billion in the first 5 or 6 years.

Common knowledge is often wrong and I've done plenty of reading on the subject. It seems that the conclusion is that we got mixed results. Less people on welfare is nice but as you quoted we're talking 50 billion over ten years. That's the money Congress finds in the couch after they get up. I'm not impressed. More mothers are working, which means they aren't spending time with their children which is only going to exacerbate the our already failing schools. If it's a major cause in the decline/leveling off of teen births okay that's something worthy of praise. Incarcerations have gone up steadily, really since Reagan's combine war on drugs and welfare reform. You think hungry people are a little more likely to knock over liquor stores? If we're spending fifty billion more on prisoners and prison guards than we were before we didn't come out ahead. Wages have remained stagnant. Basic supply and demand tells us more workers=lower wages. There are lots of reasons for stagnant wages of course but having these people working isn't helping as I promise you they are if not all, most in the 47% not paying taxes at the federal level.

It's funny though that I have to research your points because you can't articulate your own ideas.

 

[unregistered]

 

[Sean Renaud]

It's clear to me you haven't read shit about the reform or you wouldn't tried to blow it off. My job isn't to educate you. You have Google, use it to gain understanding of those subjects with which you aren't familiar.

Actually yes it is. When I make an argument I bring these things called facts, if questioned I provide links. I've already googled plenty on the subject and I'm not convinced we came out ahead.

 

[unregistered]

 

[eyer]

Microsoft reports first loss as public company

Microsoft said Thursday that an accounting adjustment to reflect a weak online ad business led to its first quarterly loss in its 26 years as a public company.

...Revenue rose 4% to $18.06 billion.

...Although the earnings were higher than expected, analysts were looking for higher revenue at $18.15 billion.

http://www.usatoday.com/money/compa...7-19/microsoft-earnings-first-loss/56340272/1

 

[Sean Renaud]

I guess I feel sorry for you so read this and from now on do your own research:

http://www.usatoday.com/news/nation/2006-07-17-welfare-reform-cover_x.htm

READ THE WHOLE ARTICLE

Funny you'd link something I'd already read. So lets look at it.

According to your article first, the burden of welfare was shifted from the federal government to the individual states. So we don't really know if we're saving money if you were to look at it by a state by state and not just at the federal level. It also claims that Medicaid expanded fifty percent under it. Medicaid is set to cost 4.9 TRILLION. over the next ten years. Medicaid is 12% of the budget. I chose that particular link because it separates Medicaid from Medicare, most charts just lump em together. So we could be talking about a 4% decrease in the national budget. What were we spending on aid? If the amount saved is less than that we didn't come out on top financially.
Quoted from your link.

"The bulk of the welfare system is exactly the way it was back in 1972," Rector says, "except that it's bigger and more expensive."

Is that how you define success? Considering the article says everything worked it seems to make a compelling case that all they did was shift around the seating.

Here's another quote.

More than half of those eligible for welfare payments don't get them — a sign, critics say, that the new system discourages people who need help from applying. "We now simply have a system that provides less help in times when people are without work," says Mark Greenberg, a liberal welfare expert at the Center for American Progress, a think tank.

So now we have people who should be getting help and aren't which directly takes money out of the economy. Those people are not spending the money which would in turn create jobs. Brilliant how that's working out.

And that doesn't even cover like I already said, we have more people in jail than ever before and I'm sure this is partially to blame. All in all it sounds like someone's pissing on your head and your dancing because the drought is over.