RE: Stimulus: "We simply made a decision, which took about thee seconds"

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RE: Stimulus: "We simply made a decision, which to... - 2/10/2009 1:49:50 PM

MrRodgers

Posts: 10542
Joined: 7/30/2005
Status: offline

quote:

ORIGINAL: DarkSteven

quote:

ORIGINAL: hermione83

DarkSteven, check the news, US savings are up. I read about it just before I posted that. Unemployment etc is all up, but savings... up quite a bit. People are being way too sluggish. The loss of faith besides the housing thing is what is causing a LOT of this.

hermione, I hear you. But the savings rate is simply how much money is saved,.divided by how much is earned. I cannot prove, but suspect that the people who have discretionary income have been saving all along, and those who have been spending money they don't have, are unable to do so due to credit issues

I get the impression that you think that the savings rate is spread out equally across economic classes, while I think that it's way higher for those at the top end and zero or negative for those at the bottom.

Irrelevant. The savings rate measurement now is the same as it has always been and that has always been what we are told to do so there is capital to lend and invest.

So the savings rate is everybody's savings...top to bottom.

(in reply to DarkSteven)

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RE: Stimulus: "We simply made a decision, which to... - 2/10/2009 1:50:56 PM

Mercnbeth

Posts: 11766
Status: offline

quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: Owner59

Define pork.

What`s your alternative plan to turn things around,Merc?

Specifics.

Pork is what the repubs made into an art form 2000-2006. Ted got a real going out party...almost a $billion for Alaska alone this year. Plutocracy is fun...isn't it ?

"Well some are just better than others at it." Tom Colburn, US senator R-Okl.

Check your calender MR, it's 2009 and the economy just sunk another 400 points today. Even you should note a vast difference. However, the distinction, comparison, and "yeah - but you did it too!" juvenile points have no relevance to the actions being taking by the Administration and Congress NOW - TODAY.

Unless it is your rational that President Bush's payment to failures in August only failed because it didn't have enough money and pork included and this $1 Trillion more will generate the results that President Bush expected? For what other reason would you stand up now as a supporter?

You know - it's becoming obvious that you can't expect any response from the Obamites. Faith based politics is a function of rhetoric and believing in that rhetoric even if the actions and probable results are indistinguishable from prior attempts. Ergo - the lack of one answer from any source as to why the Bush Stimulus Plan will now work under his third term with President Obama sitting at the desk.

I can understand that - but to quote from the same thread without posting the response is just WEAK.

For the record to this question:

quote:

ORIGINAL: Owner59
Define pork.
What`s your alternative plan to turn things around, Merc?
Specifics.

Same as its been since the beginning. Cut government employment and every department budget 10% across the board. Trash this Trillion dollar pork package. Let the failures - fail and get out of the way of successful, 'GREEDY' people willing to invest in the future; instead of sending money to create a country where everyone left, fails equally.

How about a reply to this question? What IS the 'plan'?

The response of silence to the question in my reply speaks to an Obamite principle of silence in the face of rhetoric challenge. Oh yeah - he did say "Done" - In the face of putting up - I guess he is.

(in reply to MrRodgers)

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RE: Stimulus: "We simply made a decision, which to... - 2/10/2009 1:57:31 PM

ArizonaSunSwitch

Posts: 205
Joined: 11/14/2005
Status: offline

quote:

And that is why Term gets to stay when we overthrow the PTB and make them live in the South Side of just about any city and live for Minimum wage and then see how they feel about their practices.

Steel

Ok, WTF is PTB ?

(in reply to SteelofUtah)

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Post #: 63