Why do people think the economy is good?

Discussion in 'Political Opinions & Beliefs' started by Sgt_McCluskey, Jan 7, 2015.

  1. Reason10

    Reason10 Banned

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    Why would anyone want to do that? What would be the point? What would it pay? Would YOU do it? Would YOU open a company JUST TO CREATE JOBS? Would you deliberately open your doors to lose money just so you can hire a bunch of dumbasses who couldn't even graduate high school because they were too stupid and lazy to apply themselves? What debt could you or anyone else POSSIBLY owe them?
    Earth to liberal: There's only ONE reason to open a business. To MAKE MONEY. That's also why people show up for work every day: TO MAKE MONEY. McDonald's workers aren't imagining that their daily grind is an episode of Hell's Kitchen. They are there to MAKE MONEY.

    If you want the economy to improve GET THE GOVERNMENT THE HELL OUT OF THE WAY. Let the market take care of things. It always has in the past.
     
  2. FreshAir

    FreshAir Well-Known Member Past Donor

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    yeah right, lol, it started out great when Bush came into office, by the time he left the economy was headed to destruction
     
  3. Lil Mike

    Lil Mike Well-Known Member

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    Clearly the answer is more immigration.
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    Under Bush/Republican we had 52 months of solid sustained growth and full employment, can you explain to me what makes the economy under the Democrats GREAT compared to that?
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    It was already in a decline before he even won the election and went into recession with weeks of his taking office, is your memory really this lacking? And why do you jump 8 years then ignoring the interim? Are you really going to go on record here claiming the economy under Obama and the Democrats is better than the economy under Bush and the Republicans 2003-2007?

    And BTW when Bush left office the financial crisis had been averted and the job losses bottomed out the month he left office and the recession was already turning around and ended the following June before any Obama stimulus was put in place.
     
  6. FreshAir

    FreshAir Well-Known Member Past Donor

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    Bush had 8 years to improve it, if after 8 year Obama passes off a worse economy then he got it, you would have a point
     
  7. Reason10

    Reason10 Banned

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    WRONG.


    Bush inherited a RECESSION.
    http://ireport.cnn.com/docs/DOC-80312
    He also inherited a ticking 9-11 time bomb that Clinton was too busy getting blow jobs to pay attention to.

    It was the Bush tax cuts that created 52 months of record high paying job creation, (something NO Democrat in history had even come close to.)
     
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    And the economy improved remarkably in the period 2003-2007, you weren't around then? 52 months of full employment, soaring tax revenues, deficit down to a paltry $161B, solid GDP growth, rising middle class incomes. What was your complaint then?
     
  9. raytri

    raytri Well-Known Member

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    From 2005 on it was clear there was a major housing bubble, so that growth was a mirage. As, indeed, it turned out to be.
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    The growth was across the board it was the financing that was a mirage. And guess what most economic growth cycles have bubbles, do you say the same thing about the growth during the Clinton years, it was just a dot.com bubble and mirage? It is how the slowdowns and recessions are managed that matters. The comparison of Bush to Obama is quite enlightening along with the results.
     
  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Housing prices were on a strong upswing long before then, that started back in the Clinton term, but again growth in the economy was across the board and bubbles always exist in growing economies. The fact remains he reacted appropriately, OK the tax prebate was a mistake, to the slowdown and recession and that helped to limit unemployment to 6.5% for just one month and then when the tax rate cuts went into full effect the economy took off again and produced full employment and soaring tax revenues. And yes the bursting of the bubble could have been greatly mitigated had the Democrats not opposed the measures to do so. And of course we see how the Obama measures to deal with the economy, the opposite of Bush has done nothing to help us get into a full recovery and back on solid ground again.
     
  12. YouLie

    YouLie Well-Known Member

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    I don't think we'll ever know the truth. Central planning of the economy is here to stay.
     
  13. bricklayer

    bricklayer Well-Known Member Past Donor

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    My economy is great.
    As things get worse and worse for others, I am able to spend less and less to get the goods and services I want.
    As efforts to close the gap between those with the most and those with the least by force of law increases, those with the least have less and less and those with the most have relatively more and more. Of course, over all, I have less, but I have relatively more than those "being helped" by the very laws that are "closing the gap" between us. When they eventually have nothing, I will still have more than I actually need.

    These policies are not designed to "close the gap"; they are designed to "shut the door" behind those with the most, and prevent those with the least form ever having more.
     
  14. YouLie

    YouLie Well-Known Member

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    Don't forget Uncle Bush sent us a check for overpayment.
     
  15. YouLie

    YouLie Well-Known Member

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    Without getting personal. I lost my job because of Obama's policies. That is an absolute fact, and I'm sorry I won't go into details.

    Then, I took advantage of another Obama blunder, and went into business for myself. As a result of his actions, directly, a particular industry underwent significant changes that many in the industry simply could not or would not adjust to. I saw it happening and did what they refused to do or were incapable of doing. Several years later, I'll never work for anyone else again. Many in the industry now, and many who left, hate Obama for how his policies impacted their businesses. But I love it!

    The point is I really don't know and couldn't care less if the economy is better off or not. Well, I care, just not as much as I care about how I'm doing. We're smart and resilient people. History has shown that unshackled we're an economic force on our own. That being said, sadly, I still believe we're a mostly centrally planned economy now.
     
  16. publican

    publican Banned

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    Lowered expectations are what Obama wanted, now he's got it.
     
  17. bricklayer

    bricklayer Well-Known Member Past Donor

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    We need more people like you.
     
  18. YouLie

    YouLie Well-Known Member

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    That's very kind of you.
     
  19. JoeSixpack

    JoeSixpack New Member

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    The great pencil whipped economy. Seems to be working well for the rich/elites, of course that is the duty of a plutocracy and the two party scam.
     
  20. Shanty

    Shanty New Member

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    its getting better from the mess the Bush Administration and the Republican Party left it in, then saw the GOP obstruct economic and job growth. And the stats show it. But, it could be far better. The Democrats didn't go with a large enough stimulus, and didn't have a supermajority to get past the extremists' obstruction
     
  21. Shanty

    Shanty New Member

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    It would be pretty hard for anyone to factually say that Obama's policies cost them their job, when the vast majority of people lost their jobs because the housing markets went bust, precipitating the financial crisis and recession that followed. The GOP were in control when the bubble was inflating.

    - - - Updated - - -

    Truth.
     
  22. YouLie

    YouLie Well-Known Member

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    Unless your job involves government contracting, and a massive shift in priorities and spending. It was very much a direct impact policy decision.
     
  23. publican

    publican Banned

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  24. Riot

    Riot New Member

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    Feds dumping trillions maybe? What is it now? QE 6 or 7
     
  25. publican

    publican Banned

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    Yep! The Obamites don't get it. Obama is for the rich, not the poor or the working class. Suckers.
     

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