Gallup: Unemployment drops down to 8.1%, lowest level yet.

Discussion in 'Current Events' started by Iriemon, Apr 18, 2012.

Thread Status:
Not open for further replies.
  1. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    Nobody said it had to be their career. The reality that escapes most liberals is that it is entirely possible to work and go to school at the same time.
     
  2. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    yes its also possible to work your way from fry cook to ceo....but it doesnt mean its the path everyone should take. its none of your business how they go about it anyway.

    I know some 80yo grannys that could probably still work, should we force them too?
     
  3. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    So you're saying an 80 year old granny has as much of an ability to work as an 18-19 year old college student?

    And it is my business, since I am subsidizing their liberal arts education with my tax dollars. They should work a part time job, since it will be very helpful to them when it comes time to apply for jobs. Many college students nowadays are graduating with good GPAs, but have never worked a day in their lives. I had an edge over almost everybody that graduated alongside me, thanks to my work history.
     
  4. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    I wasnt aware ability to work or not was relative.....she sure has more free time than an 18yo college student.
    so youre saying I subsidized your education....so when do I get a cut?
     
  5. RPA1

    RPA1 Well-Known Member Past Donor

    Joined:
    Aug 22, 2009
    Messages:
    22,806
    Likes Received:
    1,269
    Trophy Points:
    113
    Gender:
    Male
    Average unemployment during Bush's 8 years was 5.3%.....Why should I celebrate 8.1%?
     
  6. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Capital gains revenues fluctuate but do not drop because you raise capital gains taxes. To the contrary.

    But there an fundamental issue of unfairness that folks like Mitt pay lower rates of taxes and many middle income families.

    I can see why he'd be against the "Buffet Rule". Just a little conflict of interest there.
     
  7. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Sounds pretty good, eh?

    Except it was 4% when he came in and almost 8% when he went out.
     
  8. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    Let's hope so. It's not like the 18 year old has to go long without his Xbox, though.

    When my tax dollars get collected by our wasteful Government and they are spent on useless projects like translocating shrubs to the tune of $205,000.
     
  9. Consmike

    Consmike New Member Past Donor

    Joined:
    Apr 20, 2009
    Messages:
    45,042
    Likes Received:
    487
    Trophy Points:
    0
    link please
     
  10. Phoebe Bump

    Phoebe Bump New Member

    Joined:
    Jan 11, 2010
    Messages:
    26,347
    Likes Received:
    172
    Trophy Points:
    0
    You'll have to show us how that works, eh?
     
  11. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    Watch the video. Obama is presented with evidence that every time capital gains are raised, revenue drops. Every time they are lowered, revenue increases. He didn't even address it, since he isn't concerned about the logic behind the action (increasing revenue), he is driven purely by ideology.

    It's not unfair, actually. While Mitt was working, he was likely taxed at the highest rate. Now he is being taxed year after year on his initial investment. He and other rich people, if they wanted to, could take their money out of the markets to avoid the tax hike, but that would have a detrimental impact on not only tax revenues, but our capital markets as well.

    But, that doesn't matter, since the ideology is what's important, and jealous liberals can't stand that other people have more than they do. Such petty creatures, they are.
     
  12. Phoebe Bump

    Phoebe Bump New Member

    Joined:
    Jan 11, 2010
    Messages:
    26,347
    Likes Received:
    172
    Trophy Points:
    0
    Ya see, here's how it is. Bush inherited low unemployment. Obama inherited high unemployment. Averages are for fools.
     
  13. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    There is no such evidence. It is fabrication.

    Fabrication. Mitt is not being taxed on his initial investment. Mitt is being taxed on dividends, and capital gains if and only if he realizes the gain.

    Rich People would take their monies out, you say? Pray tell, where would rich people put their money, and why would they put there money somewhere where they make over all lower after tax returns?

    More fabrication.

    We see it a lot from greedy folks with interests in keeping their special low privileged tax rates, loopholes and exemptions.

    Such selfish creatures, they are.
     
  14. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Because it is a lot better than 10.1%.
     
  15. REDRUM

    REDRUM New Member

    Joined:
    Aug 17, 2008
    Messages:
    5,963
    Likes Received:
    41
    Trophy Points:
    0
    In fiscal year 2010, the American economy grew 3.0% of the GDP.

    In fiscal year 2011, the U.S. economy grew 1.6% of the GDP.

    In the month of March in 2012, the American economy added a dismal 122,000 jobs.

    While Democrats applaud 20+ consecutive months of job growth in the private sector, the fact remains that the U.S. economy is growing at a slower pace (average 2.65% of the GDP in the last 2 years) than what some self proclaimed economic experts predicted.
     
  16. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    so stop listening to those self proclaimed experts
     
  17. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    It's 24 months of consecutive private sector job growth. GDP grew 3.0% last quarter.
     
  18. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    Funny Obama couldn't answer the question. http://www.washingtonpost.com/opinions/free-lunch-egalitarianism/2012/04/12/gIQAok1LET_print.html

    Apparently I have to spell it out. Mitt was taxed on the income he earned which was later invested. The earnings on that investment are now being taxed year after year. Just like it would be if you took your after-tax dollars from you paycheck and bought stock with it.

    "Greedy" are the leeches that not only pay nothing in taxes themselves, but call the people who do pay taxes "greedy" for trying to keep as much of their money, which was obtained through their own labor, as possible.
     
  19. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    while im sure it wont stop you form making that claim again....

    Under current tax law, certain kinds of financiers, including private equity investors and some managers of hedge funds, are allowed to treat bonuses like long-term investment income, called carried interest, taxable at the maximum 15 percent capital gains rate. Others have to pay up to 35 percent taxes on their labor income. The cost to the U.S. Treasury is more than $1 billion a year.
     
  20. puffin

    puffin Banned

    Joined:
    Nov 14, 2008
    Messages:
    5,792
    Likes Received:
    71
    Trophy Points:
    0
  21. REDRUM

    REDRUM New Member

    Joined:
    Aug 17, 2008
    Messages:
    5,963
    Likes Received:
    41
    Trophy Points:
    0
    Ronald Reagan's economy grew over 5% of the GDP in his 3rd year in office (1983) and grew over 7% of the GDP in his 4th year in office. (1984)

    What's Obama's excuse for his lackluster economic GDP growth???
     
  22. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    its not 1981
     
  23. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,657
    Trophy Points:
    113
    Reagan inherited a basically strong economy that was surpressed because of a temporary interest rate increase as the Fed cut the money supply to break the inflation spiral.

    Obama inherited the worst recession in 80 years, a credit freeze, imminent banking system collapse, auto industry bankruptcy, and a completely destroyed housing and housing construction market.
     
  24. Brewskier

    Brewskier Well-Known Member

    Joined:
    Aug 20, 2011
    Messages:
    48,910
    Likes Received:
    9,641
    Trophy Points:
    113
    Gender:
    Male
    1 billion a year is nothing when we are running 1.3 trillion dollar deficits.

    And you libs always treat capital gains as deadweight loss, and neglect the fact that the money in our capital markets is helping to create more money by helping businesses grow.
     
  25. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,984
    Likes Received:
    37,714
    Trophy Points:
    113
    pathetic dodge

    which of those is your attempt to explain away your false claim about Romneys tax rate?
     
Thread Status:
Not open for further replies.

Share This Page