10 cheapest BEST cities to live.... and to run a mfr'g bidniss??

Oct 13, 2011 134 Replies

On Oct 18, 7:39=A0pm, Allen Drake wrote: >lost millions

If Obama has created millions of jobs, explain how the unemployment is close to 10%. As far as I know, Obama has at best kept a lot of government jobs going for another year, but those jobs will be lost eventually. You are welcome to cite studies that prove Obama has created jobs.

=20 Dan

All his cites come from the voices in his head. I wonder if his mother had any kids that weren't born brain dead?

Sigh. You can't even read what you post.

If you really paid attention you would already know. There is loife without FOX.

According to Florida congresswoman Debbie Wasserman Schultz, President Obama is on pace to create more jobs in 2010 than President Bush did in his eight years of office.

"A republican President has never , never left the office with a blanced Budget or a surplus.... Never "

I wouldn't say exactly that. The budget deficit in 2007 was $110 billion. The budget deficit for the year ending Sept 30th was $1.4 trillion. For the entire eight years of the Bush administration, the combined budget deficits were about $800 billion. Obama has quadrupled that amount in only three years.

Assuming Obama inherited a mess, he's made it worse. Far worse. Almost impossibly worse.

You are assuming the federal budget deficit is a problem.

The federal budget is not causing the economic slow down. The fedreal budget deficit is the only thing preventing a full scale depression bigger than the depresion of the 30's.

It is private sector mismanagement of credit and debt that has been pushing the US into a depression. The federal deficit is the only thing preventing the depression from happening.

This is not theory. This is what you will see as fact when the effort is made to reduce the deficit. Economic collapse.

The fact that 15% of workers cannot find suitable employment tells you the federal deficit is now way too small.

When Congress makes the deficit smaller then millions more in the US will become out of work. If Congress tries to balance the budget there may be

50% of the workforce unemployed.

I do not watch Fox. And do not pay any attention to economic news on TV. Some of the newpapers are much better for in depth stories on the economy.

As far as Debbie Schultz..........I hardly consider the Chair of the Democratic National Committee to be a balanced source of news. Do you really think I am stupid enough to believe any congress person is an unbiased source of economic news?

=20 Dan

In the red and black terms of fiscal policy, it was a dramatic occasion. After a paring arid scraping, President Eisenhower had almost in hand, to present to the 86th Congress next month, a balanced budget with about $77 billion incoming against about $77 billion outgoing.

Read more:

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That effort to balance the budget didn't last long.

It created a recession and in response to the recession the last two years of the Eisenhower administration the federal govt spent 20% more than it collected in revenues.

Federal debt from 1954-1961

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2010 is so last year...

True enough, I was 10 or so when that recession started. It was when Detroit started making smaller cars, Valiants, Darts, Falcons, Corvair all started around that time.

Yup. Don't forget the Olds F-85. That was a sweet little car.

I expect you will believe whatever you want to believe plain and simple. If you blame the current administration for where the US is now and not the ones that really are to blame then that has because you are simply a fool.

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"The traditional pattern of running large

deficits only in times of war or economic

downturns was broken during much of the

1980s. In 1982, large permanent tax cuts

were enacted. Moreover, these were accompanied

by substantial increases in defense

spending. Although reductions

were made

to nondefense spending, they were not of

sufficient size to offset the impact on the

deficit. As a result, deficits averaging $206

billion were incurred between 1983 and

1992. These unprecedented peacetime deficits

increased debt held by the public from

$789 billion in 1981 to $3.0 trillion (48.1

percent of GDP) in 1992.

After peaking at $290 billion in 1992,

deficits declined each year, dropping to a

level of $22 billion in 1997. In 1998, the

Nation recorded its first budget surplus

($69.3 billion) since 1969. As a percent of

GDP, the budget bottom line went from a

deficit of 4.7 percent in 1992 to a surplus

of 0.8 percent in 1998, increasing to a 2.4

percent surplus in 2000."

Total number of employees on the federal payroll is pretty much unchanged :

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Jan 2007 =2729,000

Sep 2011=2820,000

So I assume you are claiming that average earnings by Federal employees has increased by 40% when from what I gather, for the past several years wages have increased by at most a few percent and more recently they have been frozen altogether.

Put another way, where did you get your 40% figure ?

(Cites please)...

SEE:

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2007= 4.5% 2008= 2.3% 2009= 0.9% 2010= 3.4% 2011= not shown, pretty sure they were frozen.

A decline in the amount of unsubstantiated information that's constantly parroted about the economic situation would be better IMO

I'm surprised no Texas cities were listed. We have no State income tax, and median home prices in HOU are about $120k.

No fool. It was Obama that killed Bin Laden and now he got Qadaffi along with many others that Bush let go free. Obama is saving the world from your kind of war criminals that will destroy America from within.

You right wing loons will do anything to gain power.

You and your kind are insane.

Reagan.

Clinton

Thank you.

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