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01-24-2013, 08:55 AM
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#31
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Verified Member
Join Date: Feb 7, 2012
Location: Houston
Posts: 2,548
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Quote:
Originally Posted by Laz
The problem I have is that these things would have happened had Obama done nothing. You can't lose jobs forever. Housing prices will find a point of equilibrium and banks will loan money. However, the democrats like to give Obama credit for what would be natural market results. What they ignore is the abnormally suppressed rebound of the market. Why has the recovery been so anemic? Although there is no way to prove it I suspect that the recovery would have been more rapid if Obama had done nothing. Historically the economy has rebounded more rapidly after a recession.
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It's hard to say what would've / wouldn't have happened without government intervention (in terms of the recovery). Since our economy is so tied to the global economy these days, the economic crisis in Europe, unrest in the Middle East, etc. (all things out of our control) have had a huge impact on our own recovery.
Most economists do agree though that if the government hadn't acted during the economic freefall we were in at the end of President Bush's term of office, we would've suffered a far worse recession than the one we're in now.
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01-24-2013, 08:58 AM
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#32
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Gaining Momentum
Join Date: Feb 10, 2010
Location: Lancaster,TX
Posts: 68
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Quote:
Originally Posted by joe bloe
Anybody that calls the last four years a "recovery" is being dishonest. If a patient is in coma today and you come back four years later and he's still in a coma, he's not recovering.
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If a patient is dying quickly, you stabilize him, then subsequently put him on life support while he recovers slowly, then I would call that a recovery. It may not be a full recovery, but the patient is still recovering.
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01-24-2013, 09:09 AM
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#33
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Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
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Quote:
Originally Posted by TPJR
If a patient is dying quickly, you stabilize him, then subsequently put him on life support while he recovers slowly, then I would call that a recovery. It may not be a full recovery, but the patient is still recovering.
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The patient is sick because of the cumulative effects of a lifetime of drug addiction. Dr Obama is treating the symptoms by massively increasing the dosage of the drug that made him sick in the first place. It may mask the symtoms for a while, but in the long run it kills the patient.
http://www.youtube.com/watch?v=B9puGAMCAZU
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01-24-2013, 09:14 AM
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#34
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Gaining Momentum
Join Date: Feb 10, 2010
Location: Lancaster,TX
Posts: 68
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Quote:
Originally Posted by ncrtt1
The great thing about our country is checks and balances
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I would say we have cheeks and balances , meaning that when things are at least perceived to be going well economically/socially, voters typically kiss the ass cheecks of whichever party is in the majority. But when for example, the economy starts a downslide as is usually been the case about every 10 years lately, the voters "balance" things out by kissing the other party's ass.
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01-24-2013, 09:24 AM
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#35
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by TPJR
If a patient is dying quickly, you stabilize him, then subsequently put him on life support while he recovers slowly, then I would call that a recovery. It may not be a full recovery, but the patient is still recovering.
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I have good reason to believe that you would not find any physician (except for a quack) who would us the word "recovery" for what you described ... even a "partial recovery" ....
a prudent physician would report that the patient has .. "stabilized" ... period.
Quack Obaminable and Jester Joe wanted all the empt-headed 50.5% to actually believe there was a "recovery" in progress ....
3 consecutive months of flat 7.8% jobless is NOT A "RECOVERY" ..
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01-24-2013, 09:26 AM
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#36
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by TPJR
usually been the case about every 10 years lately, the voters "balance" things out by kissing the other party's ass.
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2012 was different ...
.... 50.5% actually thought it was a sirloin they were kissing!
Apparently you do also.
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01-24-2013, 09:36 AM
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#37
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Gaining Momentum
Join Date: Feb 10, 2010
Location: Lancaster,TX
Posts: 68
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Quote:
Originally Posted by LexusLover
I have good reason to believe that you would not find any physician (except for a quack) who would us the word "recovery" for what you described ... even a "partial recovery" ....
a prudent physician would report that the patient has .. "stabilized" ... period.
Quack Obaminable and Jester Joe wanted all the empt-headed 50.5% to actually believe there was a "recovery" in progress ....
3 consecutive months of flat 7.8% jobless is NOT A "RECOVERY" ..
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We must have different definitions of recovery then, because I don't see how going from an economy in freefall, to an economy which is producing a net gain of jobs, albeit not very many, is anything but a recovery.
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01-24-2013, 09:41 AM
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#38
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by TPJR
We must have different definitions of recovery then, ....
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Yes, we do, this is not a "recovery" ...
Keep in mind, please, that these guys telling you there is a "recovery" also told you that they beat the "terrorists" too ... they don't use the word any more!
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01-24-2013, 09:44 AM
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#39
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Lifetime Premium Access
Join Date: Mar 29, 2009
Location: Texas Hill Country
Posts: 3,341
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The question posed by the thread title is short and simple.
The appropriate answer is equally succinct: "Of course not!"
If he had any backbone, Obama would begin engaging in some straight talk about the sort of tax increases we're going to need to impose in order to pay for his expensive agenda.
When he assumed office four years ago, Obama sought to raise already very bloated levels of federal government spending to new heights, and he obviously got his wish. I would have preferred an economic recovery and growth agenda, not one centered around political payoffs and entitlement expansions.
On the other hand, many people prefer something a little closer to a European-style social democracy. If that's your view, fine. Just acknowledge that you'd like for the politicians you support to be honest advocates for the sort of tax system needed to finance such lavish levels of social welfare and entitlement spending.
Claims or insinuations that you can make much progress toward fiscal balance by protecting everyone making less than $250K per year from large tax increases, while maintaining all other political promises, are profoundly dishonest. Every numerate individual realizes that.
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01-24-2013, 09:45 AM
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#40
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Gaining Momentum
Join Date: Feb 10, 2010
Location: Lancaster,TX
Posts: 68
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Quote:
Originally Posted by LexusLover
Apparently you do also.
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Actually I've never believed that Obama was anything special. Nobody who has been paying attention could legitimately come away thinking that Obama's a different kind of politician. The thing I don't like is when people demonize based on outright lies, especially when there's plenty of things to legitimately criticize him for
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01-24-2013, 09:56 AM
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#41
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by TPJR
The thing I don't like is when people demonize based on outright lies, especially when there's plenty of things to legitimately criticize him for
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I feel your pain. That was a theme of mine for the 8 years of the last President. I also have expressed my support for Obaminable when he gives the green light to get rid of garbage who have as their goal to destroy or injure the U.S. and/or her people, regardless of where they are found or what is their citizenship. And frankly I don't care if he drones them or stones them!
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01-24-2013, 10:08 AM
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#42
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by CaptainMidnight
When he assumed office four years ago, Obama sought to raise already very bloated levels of federal government spending to new heights, and he obviously got his wish. I would have preferred an economic recovery and growth agenda, not one centered around political payoffs and entitlement expansions.
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His "vision" and "plan" are consistent with wealth redistribution, ...
..... which plays to his base.*
*The problem is a part of his base don't have their "wealth" in the U.S.!
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01-24-2013, 10:11 AM
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#43
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Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
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Quote:
Originally Posted by TPJR
We must have different definitions of recovery then, because I don't see how going from an economy in freefall, to an economy which is producing a net gain of jobs, albeit not very many, is anything but a recovery.
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Market economies heat up and then they cool down. They overheat and then they over correct. After a severe recession you typically get a healthy bounce in the economy. We're not getting the typical bounce this time, apparently because the debt burden is so enormous.
After a freefall there's supposed to be a bounce.
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01-24-2013, 10:17 AM
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#44
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by joe bloe
After a freefall there's supposed to be a bounce.
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Where's BT when we need him?
He's the board expert on "freefalls" ... "bounce" at the end of a "freefall" ... and
.... also ending up elsewhere beside the intended LZ and all wet!
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01-24-2013, 10:33 AM
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#45
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Gaining Momentum
Join Date: Feb 10, 2010
Location: Lancaster,TX
Posts: 68
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Quote:
Originally Posted by LexusLover
His "vision" and "plan" are consistent with wealth redistribution, ...
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I think that whole wealth redistribution insult is overblown. The fact is that if you're in support of paying taxes, then you're in support of wealth redistribution, since the whole point of taxes is to take the country's wealth and direct it towards other areas like infrastructure and the military. The question is, is the wealth being directed towards worthwhile ventures?
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