quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?

No matter the hyperbole, no business is going to contemplate even doing that till capital begins to flow. Now government debt is very important but as long as consumer debt is at such a high the average consumer would be hard pressed to service added debt. So that leaves cash discretionary spending which ain't much seeing as how inventories are not being depleted, and being replaced by all that employment, due to all that consumer spending.

Romney is just another tool.

quote:

ORIGINAL: tazzygirl

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?

No matter the hyperbole, no business is going to contemplate even doing that till capital begins to flow. Now government debt is very important but as long as consumer debt is at such a high the average consumer would be hard pressed to service added debt. So that leaves cash discretionary spending which ain't much seeing as how inventories are not being depleted, and being replaced by all that employment, due to all that consumer spending.

Romney is just another tool.

This wasnt Romney

quote:

ORIGINAL: papassion

quote:

ORIGINAL: DarkSteven

1. You cannot inherit a deficit. Deficits are simply a yearly shortfall. Obama inherited a debt, which is the cumulative shortfall.

2. We have a debt problem. (Although, as I said earlier, it's not that much of a problem.) Calling it either a revenue or spending problem suggests the expected solution. I assume that any realistic solution will involve both reducing spending and upping revenues, although in this partisan atmosphere that may sound too much like compromise to get done.

America has promised it citizens tens of trillions in Social Security, Medicare and Medicade benefits. Laurence Kotlikoff, Professor of Economics at Boston University puts America's total liabilities at a mind boggling $222 TRILLION! This will not be due at once but increasing portions will be as America's 80 million baby boomers retire. I'd say this is a BIG debt problem. There is not a chance that America can pay this bill. Promising money is the same as "future spending." Thus we have a spending problem of such a magnitude that revenue CANNOT solve it.

quote:

ORIGINAL: mnottertail
To conceptualize the germainess of that statement, how many shingles does it take to shingle a doghouse?  9.  Cuz Ice cream got no bones. 

quote:

ORIGINAL: erieangel
"I am my brother's keeper" used to mean something to religious people of this country.

quote:

ORIGINAL: Mouth4Mistress
But hey, ignore the skyrocketing debt and the increasing % of GDP that we'll be giving to China to pay the interest.
All that matters is that the DEFICIT, e.g. the amount of money we're spending OVER the amount of money we're taking in, has been reduced.
It's like being happy that your credit card debt went from $ 20,000 to $ 19,500.
BTW, for the math-challenged Obama voters (but I repeat myself), $ 207 billion out of $ 16 TRILLION - ONE-SEVENTY-SEVENTH.
You're focusing on a tiny, insignificant bump against the vast background of complete disaster.
But, that's why you voted for a man with no track record & no discernible qualifications, in the first place.

quote:

ORIGINAL: Mouth4Mistress

But hey, ignore the skyrocketing debt and the increasing % of GDP that we'll be giving to China to pay the interest.

All that matters is that the DEFICIT, e.g. the amount of money we're spending OVER the amount of money we're taking in, has been reduced.

It's like being happy that your credit card debt went from $ 20,000 to $ 19,500.

BTW, for the math-challenged Obama voters (but I repeat myself), $ 207 billion out of $ 16 TRILLION - ONE-SEVENTY-SEVENTH.

You're focusing on a tiny, insignificant bump against the vast background of complete disaster.

But, that's why you voted for a man with no track record & no discernible qualifications, in the first place.