Notice the Obama supporters are getting scarce?

Discussion in 'Politics & Religion' started by Bakai, Oct 17, 2010.

  1. Breeze Wood

    Breeze Wood Peon

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    #181

    What has someone who is responsible for the deepest recession since the Great Depression and creating a 1.3 trillion annual deficit have of value? Nothing at all, about any subject matter of any consequence as demonstrated by the above post.
     
    Breeze Wood, Nov 11, 2010 IP
  2. Helvetii

    Helvetii Notable Member

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    #182
    You could have summed up by saying "increased costs of exports" and "I want tax cuts".

    Increasing money supply inevitably increases demand and gives businesses access to cheaper credit.
     
    Helvetii, Nov 11, 2010 IP
  3. Corwin

    Corwin Well-Known Member

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    #183
    They changed the way you calculate the GDP. But most importantly the stimulus spending was added to the GDP. The problem with adding the stimulus spending to the GDP is that the GDP is supposed to represent the ENTIRE economy. But the stimulus funds only increased spending in very narrow sectors of the economy that also represented a smaller population of the economy.

    Reverse it and think of it in terms of income: you have ten people in a town, all earning $20,000 per year for an average income per capita of $20,000/year and a total income of $200,00 per year. Now, take one person and make his income $500,000/year. You now have an average income per capita for the town of a healthy $68,000. and a total income of $680,000 per year. But the truth is, only one person is making lots of money, while the other nine slobs are still eeking by with a measely $20,000 per year. Meanwhile the politicians can safely forget those suffering nine people and instead point to the statistics they manipulated.
    (Breeze, don't read the above post as it will only give you a headache.)

    Of course Obama is responsible for the deepest recession since the Great Depression, isn't he? Obama has created a 1.3 trillion annual deficit, right? Of course he did. Glad you see the light, Breeze.
     
    Corwin, Nov 11, 2010 IP
  4. Mia

    Mia R.I.P. STEVE JOBS

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    #184
    WTF? Exports cost less, and I don't want tax cuts, I want things left ALONE for a change.

    Increasing the money supply creates inflation, PERIOD.

    Businesses do not have access to any credit, nor do they want or need it. When people are not buying things because they cannot afford it, businesses are not pursuing credit. Business does better when there is actual demand and a strong dollar. High interest rates don't hurt either when your putting money in a bank.
     
    Mia, Nov 12, 2010 IP
  5. Breeze Wood

    Breeze Wood Peon

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    #185


    There is no credible literature but your own insinuation Corwin the 07-09 Republican recession was the fault of the present Administration nor the 1.3 trillion dollar deficit the responsibility of anything but the policies and principals of the Republican party.

    Your credibility is as strong as your tax break while engaging in an unnecessary and meaningless war begun through deceit and the expectation for others to pay for its prosecution than yourself.

    Being a parakeet has with it no responsibility for your principals that is more than apparent in your refusal to accept responsibility for your actions.
     
    Breeze Wood, Nov 12, 2010 IP
  6. Mia

    Mia R.I.P. STEVE JOBS

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    #186
    Shouldn't that be "principles?"

    Try using periods and commas if you want people to understand you.
     
    Last edited: Nov 12, 2010
    Mia, Nov 12, 2010 IP
  7. Helvetii

    Helvetii Notable Member

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    #187
    Sorry I meant imports.

    Increase in DEMAND creates inflation which is a direct result of increased money supply.

    Then why the recession?
     
    Helvetii, Nov 12, 2010 IP
  8. Mia

    Mia R.I.P. STEVE JOBS

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    #188
    No, an increase in demand creates less supply...

    Econ 101. Law of Supply and Demand.

    You've got the right idea, you've just reversed it. Maybe that's where you are confused?

    Why a recession? Among multiple factors in an ever expanding economy, you need to contract ever now and then as well. When you start artificially manipulating rates and the money supply, that contraction never comes. Instead you get a bubble that bursts.

    What democrats and Keynesian's fail to realize is that sometimes leaving well enough alone is the best course of action.
     
    Mia, Nov 12, 2010 IP
  9. Corwin

    Corwin Well-Known Member

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    #189
    Breeze, I told you not to read that! It's way over your head and I don't expect you to understand it! No wonder you're confused! It isn't only Obama's failures, it's the entire Democratic party that's responsible for historic unemployment and historic inflation!

    Now, go lie down and lie no more!
     
    Corwin, Nov 12, 2010 IP
  10. Helvetii

    Helvetii Notable Member

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    #190
    What the hell are you talking about? Seriously I'm not going to argue basics with you, just read a book.

    Yes it had nothing to with subprime crisis and was just a bubble that burst :rolleyes:

    Yes the republicans had it all covered.
     
    Helvetii, Nov 12, 2010 IP
  11. Mia

    Mia R.I.P. STEVE JOBS

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    #191
    Until about 2006, yes.
     
    Mia, Nov 12, 2010 IP
  12. Helvetii

    Helvetii Notable Member

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    #192
    Yes!! Repubs - best economists ever.

    "If the terriers and bariffs are torn down, this economy will grow." —Bush, January 2000

    "There's no question about it. Wall Street got drunk—that's one of the reasons I asked you to turn off the TV cameras—it got drunk and now it's got a hangover. The question is how long will it sober up and not try to do all these fancy financial instruments." — Speaking at a private fundraiser and surreptitiously recorded by a reporter with the footage subsequently leaked on various news outlets, Houston, Texas, July 18, 2008"
     
    Helvetii, Nov 12, 2010 IP
  13. Mia

    Mia R.I.P. STEVE JOBS

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    #193
    Not exactly sure what you are trying to say here.

    Oh wait... Classic Koolaid response to anything that goes wrong; "must be Bush's fault" ;)
     
    Mia, Nov 12, 2010 IP
  14. Obamanation

    Obamanation Well-Known Member

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    #194
    Bushisms. LOVE THEM! Bush is polling higher than Obama in most states now. It seems Americans appreciate a guy who can speak without a teleprompter, even if he fumbles a bit with the English language.

    I can only imagine what might pour out of Obama's mouth were you to get a few beers in him, and I strongly suspect I wouldn't like much of it.
     
    Obamanation, Nov 12, 2010 IP
  15. moneyman122

    moneyman122 Active Member

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    #195
    Obama supporter are getting scarce because they are hiding from the GOP monster.
     
    moneyman122, Nov 12, 2010 IP
  16. Obamanation

    Obamanation Well-Known Member

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    #196
    I believe they call it the boogeyman.

    Watching the news, it seems Obama supporters are far more afraid of the Tea Party. Republicans are so in the tank, you see MSNBC practically cheering on Lisa Murkowski in Alaska, even though in any other election year they would call her a corrupt and hypocritical earmark loving Republican.
     
    Obamanation, Nov 12, 2010 IP
  17. Breeze Wood

    Breeze Wood Peon

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    #197



    It only stands to reason, when they leave office they are at the low ebb of their career (modern history) and things can only improve - no different for Bush at present.
     
    Breeze Wood, Nov 12, 2010 IP
  18. Obamanation

    Obamanation Well-Known Member

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    #198
    Uh no. Reagan and Clinton were popular on their departure. Carter was not, but then again, Carter was a one term president unlike Dubya. It took 30 years for Carter's approval ratings to come up. It took Bush exactly two. I think Obama has a good shot at being a one term president as well.
     
    Obamanation, Nov 12, 2010 IP
  19. moneyman122

    moneyman122 Active Member

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    #199
    Funny thing is Democrats controlled congress from 2007 til now and they are the ones who propose spending. According to the Constitution the House decides what to spend and where. So the Dems ran the country into the ground and then with Obama dug deeper.

    Carter was the worst President ever, well at least in modern history, until Obama. I voted for Carter and regret every bit of it.
     
    moneyman122, Nov 14, 2010 IP
  20. Obamanation

    Obamanation Well-Known Member

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    #200
    Thats comic. I nearly voted for Obama, given my dislike for McCain. I wouldn't be to hard on yourself. Without a Carter, its hard to get a Reagan. It seems pretty clear from their speeches, Obama and the Democrats didn't get the message we just delivered on Nov 2nd., and I can see 2012 from my house. I suspect any newly elected Republican who doesn't toe the line over the next two years will not make it past his/her primary in the next election cycle, which has me more optimistic for real change than I have been in a very very long time.
     
    Obamanation, Nov 14, 2010 IP