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Record Earnings, Profits, and Stock Prices... - 8/15/2012 4:38:02 AM   
farglebargle


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From: Albany, NY
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How exactly has Obama destroyed the economy again?

_____________________________

It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים
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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 5:48:42 AM   
Sanity


Posts: 22039
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From: Nampa, Idaho USA
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Poverty is at record highs, in real terms about one in five are unemployed. Joe Biden is railing against evil Wall Street investors and bankers, etc, deliberately fomenting racial hate for the financial sector... Obamas idea of a "new tone" I guess

And Obama himself is preaching about taking earnings from those who work for them, to give to people who vote for him. "You didnt build that"

But all is right in America

quote:

ORIGINAL: farglebargle

How exactly has Obama destroyed the economy again?



< Message edited by Sanity -- 8/15/2012 5:49:15 AM >


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Inside Every Liberal Is A Totalitarian Screaming To Get Out

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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:15:29 AM   
Hillwilliam


Posts: 19394
Joined: 8/27/2008
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quote:

ORIGINAL: Sanity


Poverty is at record highs, in real terms about one in five are unemployed. Joe Biden is railing against evil Wall Street investors and bankers, etc, deliberately fomenting racial hate for the financial sector... Obamas idea of a "new tone" I guess

And Obama himself is preaching about taking earnings from those who work for them, to give to people who vote for him. "You didnt build that"

But all is right in America

quote:

ORIGINAL: farglebargle

How exactly has Obama destroyed the economy again?



Are you saying that the richer have gotten richer and the poor have gotten poorer?

Be careful, they'll call you an OWSer.

_____________________________

Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:21:28 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
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quote:

Poverty is at record highs, in real terms about one in five are unemployed.


Because the unfunded tax cutting trickle down economics and tying up the country in structural military spending begun with Reagan was re-instituted with Bush, creating a two economy America where the top flourishes and the middle and bottom remain stagnant. Romney would Go Back to these policies and double down on them, as well as eliminate health care and dismantle Medicard.

Meanwhile business and banks sit on mountains of cash, helped by record low liquidity trap interest rates.

Where are those jobs created by tax cuts again?


(in reply to Sanity)
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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:37:24 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline

Try another excuse for our continuing misery under Obama because Obama extended the Bush tax cuts. He also gave huge stacks of taxpayer money to his crony campaign contributing friends in places like Solyndra. Where does the buck stop? If Obama is too corrupt, and is too dumb and too feeble to take the bull by the horns then toss him out on his ass for that reason alone, on top of all his corruption as well as for the stupidity of the man he picked to be next in line for the presidency

He also spends money on the military, and he USES the military as well so that excuse doesnt hunt

And if government spending creates jobs Obamas trillions in new debt should have us rolling in fantastic jobs by now

And its an absolute shameless lie that Romney or anyone else on his team would eliminate Medicare, Obama did cut Medicare by billions and billions. That Medicare is going broke fast is undeniable so what does the left do, they try to demonize anyone who dares to propose solutions intended to safeguard it

But thats alright, I understand what you Dems have to work with

quote:

ORIGINAL: Musicmystery

quote:

Poverty is at record highs, in real terms about one in five are unemployed.


Because the unfunded tax cutting trickle down economics and tying up the country in structural military spending begun with Reagan was re-instituted with Bush, creating a two economy America where the top flourishes and the middle and bottom remain stagnant. Romney would Go Back to these policies and double down on them, as well as eliminate health care and dismantle Medicard.

Meanwhile business and banks sit on mountains of cash, helped by record low liquidity trap interest rates.

Where are those jobs created by tax cuts again?





_____________________________

Inside Every Liberal Is A Totalitarian Screaming To Get Out

(in reply to Musicmystery)
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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:38:30 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline

I am writing that under Obama things have gotten worse on Main Street, but Obamas crony friends are doing quite well

quote:

ORIGINAL: Hillwilliam

Are you saying that the richer have gotten richer and the poor have gotten poorer?

Be careful, they'll call you an OWSer.



_____________________________

Inside Every Liberal Is A Totalitarian Screaming To Get Out

(in reply to Hillwilliam)
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RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:47:40 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:


Where are those jobs created by tax cuts again?

Gosh, not one mention in all that about where the jobs created by tax cuts come from. Because...there aren't any.

So we're going BACK to what killed a surplus with EVEN MORE tax cuts and EVER MORE military EXPANSION.

NO to the GoBack Team.

(in reply to Sanity)
Profile   Post #: 7
RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 6:49:38 AM   
Hillwilliam


Posts: 19394
Joined: 8/27/2008
Status: offline

quote:

ORIGINAL: Sanity


I am writing that under Obama things have gotten worse on Main Street, but Obamas crony friends are doing quite well

quote:

ORIGINAL: Hillwilliam

Are you saying that the richer have gotten richer and the poor have gotten poorer?

Be careful, they'll call you an OWSer.



"The rich get richer and the poor get poorer."

Is that what you're saying? It's a simple yes/no question.

I was just saying that you appeared to be agreeing with the OWSers which would kinda be the height of irony would it not?

_____________________________

Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

(in reply to Sanity)
Profile   Post #: 8
RE: Record Earnings, Profits, and Stock Prices... - 8/15/2012 7:37:46 AM   
farglebargle


Posts: 10715
Joined: 6/15/2005
From: Albany, NY
Status: offline

quote:

ORIGINAL: Sanity


Poverty is at record highs, in real terms about one in five are unemployed. Joe Biden is railing against evil Wall Street investors and bankers, etc, deliberately fomenting racial hate for the financial sector... Obamas idea of a "new tone" I guess

And Obama himself is preaching about taking earnings from those who work for them, to give to people who vote for him. "You didnt build that"

But all is right in America



So, what you're saying is that the entire "Trickle Down Theory of Economics" is a complete and total failure.

Thank you for that insight. It'll be useful in determining policy going forward.

_____________________________

It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים

(in reply to Sanity)
Profile   Post #: 9
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