And the Latino's etc provide billions for the Koch Bro's- in the truest sense of the word, they put the gas in their tank. I kinda doubt a Kochbot would know how to put gas in his tank actually.Quote:
Originally Posted by Boon Mee
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And the Latino's etc provide billions for the Koch Bro's- in the truest sense of the word, they put the gas in their tank. I kinda doubt a Kochbot would know how to put gas in his tank actually.Quote:
Originally Posted by Boon Mee
Well, it's America and anyone can grow up to be President, right? Work hard, persevere instead of moaning how the system is stacked against you...Quote:
Originally Posted by misskit
^We keep trying to tell you that has all changed, Boon Mee. Things ain't like they used to be.
Is it? Less social mobility than 'olde socialist Europe'? Thats not the same America I grew up with and admired.Quote:
Originally Posted by Boon Mee
And all too often, anyone does. :rolleyes:Quote:
Originally Posted by Boon Mee
In other News, Obama Sets All-Time Record For Worst Monthly Deficit In February: $229 Billion.
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.
The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.
The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.
It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.
For all of fiscal year 2012, which began Oct. 1, the budget analysts said the government has raised $869 billion in revenue but spent $1.5 trillion so far
What a total failure
The withdrawal from Iraq and Ghan will save a lot of money- and Obama doesn't seem the type to declare another reckless military invasion. Then there are the Pentagon budget cuts, albeit incremental. Don't hold your breath waiting for HC reform savings in the next couple of years, but they are a critical Deficit reduction measure in the long term.
After Obama's re-election, the disastrous Bush tax cuts will be reversed, and the rich and corporations will again pay a bit more tax. And the US economy is on a steady, albeit slow, recovery trend- which obviously increases tax revenue. Pray it continues, but it does look encouragingly 'across the board' apart from the fact that the "1%"- having been bailed out by the taxpayer in many cases, at great expense, have used the crisis and recovery to pay themselves yet more, while driving down Labor wages and conditions still further. The US is left with a yawning chasm between wages and conditions there compared to the other G7 countries
It is likely that the government Deficit will be reigned in, although I'm yet to be convinced that sufficient steps have been taken to pay down government debt from it's current unacceptably high level. At least, once the election is in the bag, the Obama administration can focus on fiscal matters for a while rather than partisan bickering. How effective they can be will depend a lot on whether they can also gain a majority in the House of Congress.
Given the third world levels of wealth and income inequality in the US, and the alarming acceleration of this trend since the financial crisis (93% of wealth gains in 2010 were shared between the top 1%, ffs), a fairly obvious and rational debt reduction & budget control measure will be to increase Inheritance/ Death/ Capital transfer taxes on the filthy rich- and, equally importantly, eliminate the gaping loopholes that allow people to legally snake out of paying this (Sam Walton's estate paid effectively no Inheritance tax, legally- and now his heirs are worth as much as the bottom 30% of all Americans combined). It's a pretty obvious and well justified measure, but given that Congressional democrats are often as greedy, self serving and rich as their GOP cohorts, it will probably be fought tooth and nail by the usual suspects.
^ Yep, and the entitled welfare classes will start employing people? Grow up, Sabang. Under obama, the US is heading to become a Greek offspring.
Reversing the Bush tax cuts, at least on the wealthy, will do a lot to eliminate that. Cutting some corporate loop holes will help too. As the economy improves and people go to work, tax revenues will increase and the country can, in a sane world, rebuild the crumbling infrastructure--a gift to us from previous generations that we squander like spoiled children.Quote:
Originally Posted by sabang
Govt. spending will shift, but if it stops a lot of stuff starts to go under. Call it Socialism; it's just a fact of modern life.
^ Erm, no. Cutting the loopholes will help, taxing the rich when 50% of the pop don't pay any tax at all and only suck libbie entitlements will not; trash the civil servant chokehold -- like the EPA, the Education board, and other nonsensical departments -- and cut off the SEIU's stranglehold on business and you might get somewhere. Fluke projects will not work. Let Keystone lay the pipeline. Quit scaring businesses with obamacare and other fed rules and taxes. IOW, get the feds the fek out of business.
^
Looks like you got your mantra down.
Grow up Republicans- the US is on the road to perdition, has been for a number of years, and it is Your policies and fiscal recklessness that are the prime cause of this. The difference between Me- a life long Republican sympathiser until that awful shrub administration- and You, is that I don't stick my head in the sand and pretend the facts on the ground do not exist. Facts are real, making like an ostrich and arguing the same old discredited corner isn't. Pay your Bills.Quote:
Originally Posted by Minnie Maugham
Until they screw us up again, and then bail them out all over again. Yeh, right. :rolleyes:Quote:
Originally Posted by Minnie Maugham
It is bankrupt and broken fox news talking points like these that are destroying the country. All of this is pure nonsense. To call the EPA and the Department of Education "nonsensical departments" shows just how far out of touch with reality the right has become. The comment made above about the SEIU having a "stranglehold" on business is so far from true that it is a laughable. Furthermore it has been proven time and again that higher taxes DO NOT affect GDP growth what so ever. Put more simply so all of us can understand raising taxes does not slow the economy and this has been reinforced over and over and over again throughout history. Lastly the 50% that doesn't pay taxes are mostly working poor who do pay payroll and sales tax. When it comes to income tax they can ill afford to pay more as they live from paycheck to paycheck as it is.Quote:
Originally Posted by Minnie Maugham
The post above is another example of the "Alternative reality" that the right lives in today. I think that the truth is that they would like to slash and burn not just government but the country as a whole. They are so obsessed with serving their puppet masters (the rich) that they can not see the forest for the trees.
:) 2012 - POLITICO.com
Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate
was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today.
Employment rose in professional and businesses services, health care and social
assistance, leisure and hospitality, manufacturing, and mining.
link: http://bls.gov/news.release/empsit.nr0.htm
^Sure, and how many folks gave up looking and how many of those jobs are Mcjobs? Sham.
Derrick Bell: “I Live to Harass White Folks” …Barack Obama: “White Folks Greed Runs a World in Need”
Barack Obama: “Open your hearts and open your minds to the words of Professor Derrick Bell.”
Professor Derrick Bell: “I live to harass white folks.”
Breitbart TV
Obama Says--White Folk's Greed Runs a World In Need - YouTube
All of the pieces are starting to fit together now, eh?:mid:
When we've shared photos of Bo over the last few months, we've learned two things. One, there are a lot of First Dog fans out there. Two, there is an enthusiasm for this campaign that extends to the furriest members of your families.
That's why we've launched Pet Lovers for Obama, a special way for pet lovers like you to be a part of this campaign.
Pet lovers for Obama: https://my.barackobama.com/page/s/om...vers-for-obama
And for the people who aren't animal lovers, there's always the other side
Mitt Romney Admits Family Dog Rode on the Roof of His Car for 12-Hour Trip
Presidential hopeful Mitt Romney might have his hands full with PETA and other animal lovers after events involving his family dog from over 20 years ago resurfaced.
Apparently, Romney took his family dog, an Irish Setter named Seamus, on a 12-hour car trip in 1983 tied to the roof of his car in what is being dubbed the "Mitt Romney dog on roof" incident.
What's more is that Romney actually admitted to the act in an interview on Fox News, and tried to explain that Seamus enjoyed riding on the roof. He asserted that, with a car full of five children, the dog was probably more comfortable up top than he would have been if he was in the car.
What Romney obviously didn't know is that, as the interviewer points out, putting a dog on the roof of a car (in a kennel or otherwise) is considered cruel and inhumane in the state of Massachusetts.
Whoops: Mitt Romney Admits Family Dog Rode on the Roof of His Car for 12-Hour Trip | Petside
Two years of job growth
an interactive site: Barack Obama's record on jobs
Obama is living in Fantasyland - America is Coming Back
Raising campaign cash in Republican territory, President Barack Obama on Friday hailed a rebounding economy and accused Republicans of banking on voters having “amnesia” about the steps that led to a brutal economic collapse. “The recovery is accelerating. America is coming back,” Obama told 600 supporters at a Texas fundraiser.
Bidding for re-election, Obama bounded between a rally-style event in a sprawling Rolls-Royce manufacturing plant south of Richmond, Va., to a pair of Houston fundraisers. Framing the trip: a new monthly jobs report showing employers 227,000 jobs in February, the latest sign that the economy is headed in the right direction.
Every month’s jobs report is seen as a barometer of the economy and an important factor in the presidential race. The unemployment rate held steady at 8.3 percent, the result of more Americans looking for work as job growth takes hold month by month.
Source
Right. America will definitely be coming back after this useless, failed Marxist community agitator is tossed out.
^ The last line of the above article is interesting.
In Texas, Obama is rising campaign cash among supporters who live in a reliably Republican state. Jimmy Carter, in 1976, was the last Democratic presidential candidate to carry Texas, but changing demographics and an influx of Hispanic voters have given Democrats hopes of competing in the state beyond the 2012 elections.
Obama: 'America is coming back' - Rolla, MO - The Rolla Daily News
^Texas will soon vote solidly Democratic as it has been proven that the Latinos do not trust the right wing wacko's...
A former top economic policy official stated today that the recent decline in the unemployment rate will probably be temporary because now the this a little more hiring more people that stopped looking (and were not counted as unemployed) will start looking and the unemployment will bump up. 200,000 jobs added in three consecutive months: what kind of jobs? What sectors and industry. Some are in "health care services." These are not nursing jobs. Every month 125,000 adults enter the work force because they graduate from school or vocational programs or basically enter the labor market around 18-20 years old. There is a long way to go. The mainstream media is over-generalizing this and putting on rose-colored glasses again.Quote:
Originally Posted by Minnie Maugham
Yes and in your world they should shovel dirt for their own graves as they are exwelfare types. They should keep mootching right? As those Mcjobs are not good enough? So in Canada they(you) would just not work at all.Quote:
Originally Posted by Minnie Maugham
^That one is in la la land. One thread ranting get a job, next thread ranting no jobs.
Sounds like a good thing, if people start hoping again for a job.Quote:
Originally Posted by barbaro
That it means at the same time, that the percentage of unemployment remains high, is just a thing of statistics. Only a continued growth ob jobs can cure that. The important point is that employment picks up and less people live in a precarious situation.