Paul Ryan: Obamanomics Has Failed

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Paul Ryan: Obamanomics Has Failed

Written By : Warner Todd Huston

Congressman Paul Ryan (R, Wis) and former Congressional Budget Office Director Doug Holtz-Eakin came together early this week to lambaste Obama’s failed economic policies.

In a conference call to supporters and the press, CBO Director Holtz-Eakin said that there is “no evidence” that “the stimulus has really worked” and that Obama’s Keynesian fixes simply won’t work.

There is nothing about Keynesian stimulus that is going to fix those problems. The spending by the government has gotten worse, has not solved the housing problem, and has also not been successful. Instead, the key to more rapid economic growth is going to have to be the business sector and international trade.

Representative Ryan echoed that assessment, saying:

Take a look at what our government has done in the last two years trying to get this economy out of the recession. The 1.1 trillion dollar stimulus, which is what it is when you add the interest spending, has not worked. It has exacerbated our debt problems. The Keynesian experiment, which was more spending, has failed to produce … jobs, it didn’t bring our unemployment down below 8% as it is promised. We’re still hovering close to ten percent. We’re not producing the private sector jobs that we need to be if we want to get back to our pre-recession unemployment rate. We’d have to create 250,000 jobs a month for five years running and we’re not anywhere close to that. So why is that happening?

Ryan proclaimed the Obama Administration and Congress have failed miserably to shore up confidence in the U.S. economy. ryan said that the current direction that government is headed is in “the exact opposite direction it ought to be going.”

Ryan went on to note that with the tax hikes coming in January and another round of hikes due to come in 2013 are severely dampening economic growth as employers and the business community find themselves afraid to expand in the face of these tax hikes.

Ryan lamented that America is facing a “lost decade.” During the call, Ryan said, “We could have come out of this recession in a much more proper way if we had the right fiscal policies in place, if we had the right monetary policies in place. Unfortunately we don’t and this is why many people see that we can have our own lost decade.”

Unfortunately, Ryan said, we are piling a whole new regimen of entitlements in a “fiscal explosion that will give us a lost generation.”

Holtz-Eakin agrees saying that “debt and deficits as far as the eye can see” is dooming the U.S. to continued economic pain.

Earlier this year Representative Ryan introduced his “Roadmap for America’s Future” to highlight his ideas to bring the country out of the recession.

Rep. Ryan was on MSNBC’s Hardball earlier this month and did a great job explaining why these tax hikes are bad for the country.

tblrk2006

The only person obamanomics hasnt failed is obama himself. He sole purpose is keep people down and out and voting democrat.
UFKA_Smithwick

Oh I don't think it's failed at all. It's just that some people misunderstood it's goals.

Consider: we have the highest rate of people on government assistance since the great depression, the highest percentage of government/private employees in modern history, the government has outright bought large sectors of our economy and is threatening to continue expanding, we have a massive debt that will assure the need for higher taxes and larger government for the foreseeable future, we're on the path to have a completely government run healthcare system, and most of the key democrat supporters have been bought off with public treasure.

I would say it was a remarkable success. Just not for the US. Only the democrats benefit but then again, who else was it supposed to help?

Mr. EMT

Remember when obamatons were bitching moaning and whining that we wanted his agenda's to fail because these results would be the product of his success?
Increased debt, increased unemployment, increased taxes, increased spending.

Obamao has not come up with one single good policy for America.
Mahatma

we have the highest rate of people on government assistance since the great depression

Gee. Could that be a direct result of Reaganomics determination to destroy the middle class, to destroy labor unions? (He has succeeded in doing so and your above statement is proof).

If only the non-Alzheimered Ronnie were around to see the havoc he has caused. Who knows- maybe he had alzeimers while he was president and fooled the country.

UFKA_Smithwick

Wow, that was pretty weak.
StanW

A lie about Reagan policies, and a personal insult thrown at a dead man. Very classy.

BTW, Bill Clinton was just recently praising Reaganonomics. Guess he is out to destroy the middle class as well, huh?
mightysamurai

Wow. It was already pathetic when liberals continued to blame Bush for Obama's failures over a year after Bush was out of office. Now you're reaching all the way back to Ronald Reagan for someone to blame.

You really have run completely out of ideas, haven't you?

Meekrob

That implies it had any to begin with.

Mr. EMT

Reagan's attempt to bust unions (which obviously didnt succeed enough) over 20 years ago is responsible for the recent increases in unemployment that began during the last years of Bush being in office when democrats were getting their waste bills passed?
Does reality ever sink in on your thick skull, Traitor?
UFKA_Smithwick

Obviously this is all Tafts fault.

Besides which: those areas of our economy and nation failing the hardest or those most dominated by unions, so your theory falls apart on first glance.

Mr. EMT

Diehard obamatons will argue to their graves that “with out obamao's record spending on government WASTE, we would be much worse off thanks to Bush”

Absolutely no common sense.
They should at least be honest and come right out and admit to the fact they want to see America destroyed.
There is no other reasonable explanation, and only a drooltarded moron would believe their BS LIES.
Lick m'Balls

Funny you say that, since the economy always does better under dems.

It's obvious that without the stimulus this country would be in dire straights. The fact that the party that put us in this mess with two unpaid wars and tax breaks for the wealthy has no business trying to assess the results of the stimulus. Buncha tea baggers.
Norseman

Obviously you are a moron with no grasp of modern history. How about if we start with the 20's under Calvin Coolidge, who bailed out the progressive Woodrow Wilson and Warren Harding. It was called the roaring 20's. Then the Dems took over and we had the great depression. Their failed Keynesian policies made the depression worse and only WWII bailed them out. The Democrats controlled congress for 40 years after that and it led to the Jimmy Carter recession. Does the misery index ring any bells? Reagan came in and cut taxes deeply and that led to 20 years of unparalled prosperity. The first six years of the Bush Presidency overcame serious economic harm from 9/11 and with his tax cuts, had six years of prosperity. It is only when the Democrats took over in 2007 that things went down hill. This was all because of liberal policies that the housing market burst and caused the current misery. http://www.americanthinker.com/2009/06/recovery…

You need to put down the bong, get out of your mother;s basement, put down the glass of kool-aid, and take off the tin foil hat and wake up to reality and the facts there junior.

D-Vega

Talk about drinking the Kool-Aid. I thought you were going to end that post with “Oh Yeahhhh!”

You don't hold Republicans responsible for any of the economic troubles for the past 100 years? Really? And your proof to support this? A link from American Thinker? That's your Kool-Aid provider.

Kingfisher

Speaking of drinking from the Kool Aid.

I thought you were going to end that post with “Oh Yeahhhh!”

And we thought you were going to end that post with “snnoooorrrrt!!“, just like Obama did in his past.

You don't hold Republicans responsible for any of the economic troubles for the past 100 years? Really? And your proof to support this? A link from American Thinker? That's your Kool-Aid provider.

This, coming from an Obama asskissing doofus who refuses to hold Obama responsible for the CURRENT economic troubles. Never mind the past 100 years of failures under previous Democratic administrations.

The rising unemployment numbers don't lie. At least Norseman provides facts to back up his argument. What's your excuse, except from the fact that you can count your I.Q. on one hand?

D-Vega

And we thought you were going to end that post with “snnoooorrrrt!!”, just like Obama did in his past.

It's better than sniffin' the buttholes of rightwing political hacks. He can at least take responsibility for what he's done in the past.

This, coming from an Obama asskissing doofus who refuses to hold Obama responsible for the CURRENT economic troubles. Never mind the past 100 years of failures under previous Democratic administrations.

When you can summon some blame for not only Republicans, but conservative policies, then let me know.

I hold Obama responsible for the things he can control. And the Dem Congress for what they control. You not only hold neither responsible when it comes to Republicans (either it's the fault of a Dem President or a Dem Congress), but you refuse to consider any modifications to your idealogy for a compromise. Whereas I am willing to compromise on any economic issue.

The rising unemployment numbers don't lie.

Unemployment is a lagging indicator. The stock market and GDP are booming.

At least Norseman provides facts to back up his argument.

Since when are editorials facts?

What's your excuse, except from the fact that you can count your I.Q. on one hand?

Where would you like to start?

And it's better than what you do with your one hand.

TheDickNixon

1.6% GDP is booming? 9.5% unemployment is great? $1.5 trillion in deficits is great?

Open your eyes man.
Kingfisher

D_N,

Don't forget, Vega is snorting fairy dust and inhaling unicorn farts so his mind isn't set in reality at this time.

Waiting for fifty more Vega, “You don't hold Republicans responsible for any of the economic troubles for the past 100 years” bullshit in 5…4…3…2…
TheDickNixon

Look at him up top, spinning like the Tasmanian Devil.
D-Vega

Nice try at evading the points, once your nonsense has been refuted.
Mr. EMT

You just got refuted.
Have a nice day.
D-Vega

When was this? Was it one of those comments that disappear for no reason?
D-Vega

My comment keeps disappearing.

“”1.6% GDP is booming?”"

Technically, yes.

“”9.5% unemployment is great?”"

No. Who said it was great?

“”$1.5 trillion in deficits is great?”"

No. Who said that? But that is the lasting effect of the Bush Administration.

Deficits 2009/2010
President Bush’s policies – $923 billion/$918 billion
Current economic downturn – $426 billion/$469 billion
President Obama’s policies – $225 billion/$497 billion
Financial rescues begun by President Bush – $422 billion/$123 billion
All other -$302 billion/$262 billion

“”Open your eyes man.”"

As for the deficit’s cause, the single most important factor is the legacy of President George W. Bush’s legislative agenda. Overall, changes in federal law during the Bush administration are responsible for 40 percent of the short-term fiscal problem. For example, we estimate that the tax cuts passed during the Bush presidency are reducing government revenue collections by $231 billion in 2009. Also, because of the additions to the federal debt due to Bush administration policies, the government will be paying $218 billion more in interest payments in 2009.

Had President Bush not cut taxes while simultaneously prosecuting two foreign wars and adopting other programs without paying for them, the current deficit would be only 4.7 percent of gross domestic product this year, instead of the eye-catching 11.2 percent—despite the weak economy and the costly efforts taken to restore it. In 2010, the deficit would be 3.2 percent instead of 9.6 percent.

The weak economy also plays a major role in the deficit picture. The failure of Bush economic policies—fiscal irresponsibility, regulatory indifference, fueling of an asset and credit bubble, a failure to focus on jobs and incomes, and inaction as the economy started slipping—contributed mightily to the nation’s current economic situation. When the economy contracts, tax revenues decline and outlays increase for programs designed to keep people from falling deep into poverty (with the tax impact much larger than the spending impact). All told, the weak economy is responsible for 20 percent of the fiscal problems we face in 2009 and 2010.

Source: American Progress
TheDickNixon

Yet the Bush Presidency enjoyed RECORD tax revenues. Record Tax revenues Vega. It's not Nixon's fault Pelosi/Reid, the leaders of the Congress that CONTROLS THE PURSE STRINGS OF THE US fucked up.

And if the Bush tax cuts are the source of all evil, why hasn't Obama done anything about them yet? 19 months in office, and all he can do is blames Bush. Obama, he's no leader. ANd he's thrown another trillion in debt on the books, and that's before Obamacare kicks in. Plus the stimulus is a failure. Record foreclosures, 10% of Americans are behind on their mortgage.

And Urkel goes on vacation and drops almost a million redecorating his office.

He's your man Vega.
D-Vega

By law the tax cuts expire in January, Nixon. And they will expire. For the top 2%.
TheDickNixon

Nixon is sure that will help, taxing small business owners.
D-Vega

Actually a bill is being worked on to cut small business taxes.
Mr. EMT

Yeah, im sure its going to get passed by november.
How are you going to get democrats to sell that to its base?
“Oh those wealthy people? Yeah we are over taxing them and need to give them a break”
TheDickNixon

Sort of like allowing military absentee ballots only for certain states?
Mr. EMT

Bet you are proud of that huh commie?
You realise how many families are going to be affected when farms and ranches go out of business due to tax opression?
You realize excess taxes was one of the biggest reasons for war in this nation right?
Under your 2% upper class tax bracket, includes a farmer with a section of land and the equipment to keep it running and a house with a work truck.
Example of such a farm
http://www.boston.com/news/local/new_hampshire/articles/2010/07/27/nations_oldest_running_family_farm_put_on_market_in_nh/

Gee, good thing those greedy wealthy farmers got crushed out of business by taxes, huh Vag.
D-Vega

Crushed by business taxes? Farms like Tuttle are crushed by industrial farms, which are subsidized. They are not going out of business from their taxes going up a few percentage points like they were in the 90's.
Mr. EMT

You have serious reading comprehension problems.
I stated the affects of the death tax.
The Tuttle farm sold for 3.25 million, which may pay off its debt.

The Tuttle's said the sale isn’t a way for the family “to get wealthy,” but rather a way to “settle our debt” and give way to younger people with fresh ideas and capital to make it “a successful farm.” http://canadafreepress.com/index.php/article/26143

Under your claimed 2% of the wealthiest, the Tuttle Farm would have fit in the tax bracket, their land would have assessed at above 3.25 million, the family would have inherited a tax debt greater than half of that, plus the debt, and would have been crushed by debt.

I did not state they were crushed by business taxes, moron.
I cited a farm that had been in business longer than this country has been a nation, that obamao's tax plan would have DESTROYED.
And you sit there proud of taking away from who you think are wealthy.
You are a coward, a thief, and calling you a traitor is honestly one of the nicer titles you have earned for yourself.
You know NOTHING of the cost of running a farm or a ranch, and watching you try to interject your failed logic makes me sick.
D-Vega

Calm down,child. The Tuttlets didn't go out of business in the 90s at the old tax bracket. We're talking about a couple of percentage points. Stop being so melodramatic.
Mr. EMT

You calm down, moron.
I used the Tuttle Farm as an example of the type of people affected by your “two percent” bullshit claim.
The Tuttles themselves won't be affected by the death tax when obamao enacts it again due to he fact the Tuttles sold their farm to pay off their debt's this last august. Not in the 90's. Luckily they didn't die in the 90's other wise the banks would have taken over the farm and sold the land to some developer since it is too small to be used by a corporation for farming.

Tell you what Vag, since you are too feeble minded and retarded to even keep up with your end of the debate, just run along and find something else to stick your moronic opinion into ok?
TheDickNixon

American Progress. A liberal think tank that hides it's funding. HMMM, let's think on that. George Soros gave them their seed money? Yep, unbiased. Nixon is sure they have a down the middle collection of people associated with them. Lets see,

“Since its inception, the Center has gathered a group of high-profile senior fellows, including Lawrence Korb, Assistant Secretary of Defense under President Ronald Reagan; Gene Sperling, Director of the National Economic Council under President Bill Clinton; Ruy Teixeira, political scientist and author of The Emerging Democratic Majority; and, most recently, former Senate Minority Leader Tom Daschle and Elizabeth Edwards, wife of former Presidential candidate Sen. John Edwards.”

Nice source Vega. Thanks for playing, dipshit.
D-Vega

So you can't refute the information so you deflect. Even though Norsemen's original link was from American Thinker, a conservative site.

Thanks for playing.
TheDickNixon

It's a deflection to point out bias? You dirt eaters should stick to ag work, thinking is above you. That report left out those record tax revenues from the Bush tax cuts. Accidentally Nixon is sure. ANd Obama has done nothing to cut spending. That Bush's fault as well? You know, when your income drops, maybe you should QUIT SPENDING. Of course, being a liberal, you think taxing the people who work is the answer.
D-Vega

Bad spending is not a good thing, I would have to agree.
D-Vega

If American Thinker is acceptable, then American Progress is.
TheDickNixon

Nixon doesn't post at American Thinker.
D-Vega

This post didn't disappear because I removed all tags, including links.
http://www.wordaroundthenet.com Christopher Taylor

Dude. Seriously? 1.6% is booming? The deficits caused by the stimulus package is Bush's fault? What the hell have you been smoking?

I mean bad enough you're repeating the same retarded and utterly discredited lie that tax cuts cause deficits, but this is just over the top idiotic.
D-Vega

As I cited above. They all have contributed to the deficit.
freeman

Deficits 2009/2010
President Bush’s policies – $923 billion/$918 billion
Current economic downturn – $426 billion/$469 billion
President Obama’s policies – $225 billion/$497 billion
Financial rescues begun by President Bush – $422 billion/$123 billion
All other -$302 billion/$262 billion

Why do you call it Bush's and Obama's policies? The president can't order the money spent. Budgets and legislation are the Congress' responsibility. The president can only sign into law or veto them. Every policy and bailout was proposed, argued and passed by the Congress. And for the entirety of the financial crisis, the Democrats have controlled Congress.
D-Vega

The Republicans controlled Congress leading up to the crisis. The crisis didn't develop in one year.
freeman

My bad. When I saw that you started the post with deficits 2009/2010 you were talking about those two years. Both of which were years that Democrats controlled Congress.
Meekrob

They're open, he just can't see anything but the inside of his large intestine.
TheDickNixon

From BLoomberg.com. A sign of that roaring economy:

“Toyota Motor Corp., General Motors Co. and Ford Motor Co., the world’s three largest automakers, reported bigger sales declines than analysts projected as the U.S. auto industry headed for its worst August in 28 years.

GM said deliveries fell 25 percent to 185,176 from 246,479 last August, when the U.S. government’s “cash for clunkers” incentive program boosted sales. The biggest U.S. automaker was expected to report a 19 percent decrease, including an adjustment for the number of selling days in August, the average estimate of four analysts surveyed by Bloomberg. On that basis, sales fell 22 percent, Detroit-based GM said in a statement.

U.S. auto sales last month probably were the slowest for August in 28 years as model-year closeout deals failed to entice consumers concerned about the economy and their jobs. Deliveries industrywide may have reached an annualized rate of 11.6 million vehicles last month, the average of eight analysts’ estimates compiled by Bloomberg. That would be 18 percent below last year’s 14.2 million pace and above July’s 11.5 million rate. “
D-Vega

And yet, auto sales are UP 8% over last year when the Cash for Clunkers was in effect.

http://www.autonews.com/apps/pbcs.dll/article?A…

Your citation is only for AUGUST 2010. Thanks for playing.
TheDickNixon

“Your citation is only for AUGUST 2010. Thanks for playing. “

Sales are down compared to during the Bush Presidency.
How is using the current data wrong Vega? Oh wait, it shows Urkel the TOTUS is a fuck up and total failure.

Nice of you to steal Nixon's line btw.
D-Vega

Using current data isn't wrong, Nixon. But it only compares AUGUST of this year with AUGUST of last year (when Cash$Clunkers was in effect).

YEAR OVER YEAR (first 8 months) auto sales are UP 8%.

So Your Post = Fail.

Sales are down from the Bush Presidency? You do know that Bush was the one that first brought up the bailout of GM? They must've been doing splendid under the Bush admin.

Thanks for playing (yes, I am using it. But only for you and Kingfisher).
TheDickNixon

You try to imitate your betters. Thats a good first step
D-Vega

You are one of the “last originals” here, Nixon.
Mr. EMT

NEW YORK (CNNMoney.com) — The nation's top automakers reported disappointing sales Wednesday, resulting in the worst August for industrywide auto sales in 27 years.
http://money.cnn.com/2010/09/01/news/companies/august_auto_sales/

Game over.
D-Vega

You simply cited three times the same info Nixon did, which I did not dispute. “August”. Not “year”.
Mr. EMT

“Worst in 27 years.”

Gee, worse than Reagan, worse than Bush, worse than clinton, worse than Bush, and worse than Bush…
Apparently the only person he didnt beat was Carter.
All Bush's fault right, moron?
D-Vega

Last year two of them nearly went totally out of business, remember?
TheDickNixon

Is GM every going to pay back that $50 billion? Nixon thinks that they have returned $8 billion or so. Of course, The UAW didn't have to re negotiate their lucrative deals, at US taxpayer expense.
Mr. EMT

Nah they got more loans and paid it off with debt.
Now they have a “surplus” ah la clinton.
Mr. EMT

It's like you find the recent headlines and totally read something opposite of what they say.
GM said deliveries fell 25 percent to 185,176 from 246,479 last August, when the U.S. government’s “cash for clunkers” incentive program boosted sales.
http://www.bloomberg.com/news/2010-09-01/gm-s-total-u-s-vehicle-sales-fell-24-9-last-month-more-than-estimated.html

That's today's news moron.
And regarding the whole cash for clunkers toxic WASTE program.
The government required the cars turned in to be disabled. So perfectly serviceable cars were filled with silicate to kill the engines. Which in turn has hurt the used car and parts industry.

http://www.newsrealblog.com/2010/08/31/your-tax-dollars-not-at-work%E2%80%945-ways-the-stimulus-has-cost-jobs-1/2/

On the plus side, very soon buying a new car should become very affordable as dealers lower their prices to meet sells demands.
What do you think that is going to do for profits?
I smell another bail out on the way from obamao…
Oh wait… that is just the humongous steaming pile of shit and lies being shoveled by leftards.
D-Vega

“August”.
Mr. EMT

“fell twenty five percent.”
Oh yes, the other 11 months out of the year the sells are off the charts…
NOT.
D-Vega

Jan-Aug of 2009 compared to Jan.-Aug. 2010, sales are up 8%. I just said that. And last year had the boost of sales due to Cash4Clunkers.
Mr. EMT

NEW YORK (CNNMoney.com) — The nation's top automakers reported disappointing sales Wednesday, resulting in the worst August for industrywide auto sales in 27 years.
http://money.cnn.com/2010/09/01/news/companies/august_auto_sales/
D-Vega

Worst “August”.
Kingfisher

I hold Obama responsible for the things he can control. And the Dem Congress for what they control.

ROFLMAO!! Now THAT'S funny!

Let me know when you actually criticize Obama. Repeating your tired old meme won't work.

It's better than sniffin' the buttholes of rightwing political hacks. He can at least take responsibility for what he's done in the past.

Well, you are the biggest butthole around here. Gee, another repeat of your lie-of-the-day, hoping for a different result.

Since when are editorials facts?

So you're admitting that every post you make is not fact since it is an editorial because you provide no facts whatsoever for backing up your claims. Thank you for falling into that trap.

Like shooting fish in a barrel.
D-Vega

Looks like once again, you are behind in class, Kingfisher.

Got that proof that the SCOTUS never ruled on a progressive tax yet?
Kingfisher

I see no reason to provide evidence to your demands when you refuse to provide evidence that a fetus is not a living being, as you claim. Or are you simply going to say “Nope” like a typical five-year-old and run away to your Obama blow-up doll?
D-Vega

cop-out alert!
Kingfisher

Coward alert!
D-Vega

Yes, you are that too. I thought it was overkill.
Kingfisher

I also find it interesting how you're desperately trying to change the subject. But, being the typical cowardly prick you are, I'm not surprised that you're running away from this argument.

Excuse me but unlike you, I'm not afraid to stick to the subject. Now don't miss your late afternoon prayer session and don't forget to bow toward the White House as you pray to your false god.

LOL!
D-Vega

Like you changed the subject when you were proven wrong about your assertion that the SCOTUS never ruled on progressive taxation. Thanks for playing.
Kingfisher

Like you constantly change the subject then claim that you provided evidence.

Thanks for playing.
D-Vega

I provided evidence on the SCOTUS decision above. And then you ran home to your momma.
Mr. EMT

When the hell has obamao ever accepted personal responsibility for anything he has done?
NEVER.
Rubber has hit the road, Vag, almost everyone here has expressed their disfavor of the way Republicans have handled business.
We do not like the way they lean left and reach across the “aisle” to compramise with commie socialists wearing the band Democrat who are ruining this country and want every GOP member who has done so gone.
However, there in lies the difference between us.
You try to hang the irresponsibility of these rhinos around our necks while claiming that democrats are leading this Nation in the right direction.
BULLSHIT.
Far as I am concerned they ALL need to go, and no one has any business holding a position as a public servant when they forswear their oath to uphold and protect the constitution.
Obamao has most certainly broken his oaths on many occasions.
You don't have a leg to stand on, Vag.
RappinMc

Well said E, well said.

Mr. EMT

And which bill or policy initiated by GOP has been responsible for any “economic” troubles over that time?
I haven't heard of any so enlighten me Vag, it would amuse me to see if you are that well educated and aware of any… yet profess to be totally clueless and ignorant about the toxic waste government spending that obamao has done in the last 2 years alone.

D-Vega

You kidding, right? Where would you like to start? Herbert Hoover's policies, or the massive, unfunded, spending bills by Republicans in the 21st Century?

http://www.patriotpost.com bthewolf

Medicare part D the only massive bill of the Bush terms?
D-Vega

Are you asking me? Because no.
Mr. EMT

I don't care where you start.
Like i said, just name one that was started by the Republicans.

Hatma

Silly Dims. Don't they know the only way this economy will get fixed is to lower, no, eliminate taxes on the wealthiest 2%? They'll take those savings and invest them in plants and labor in Indonesia, China, Taiwan and Mexico so the cake eaters can afford their trinkets at Walmart. It's so simple w/o that pesky middle class.

Mr. EMT

Logic like that will never get you out of your momma's basement and into the real world.

Hatma

Oh band-aid boy, my mother is deceased, I own a home and a cabin on the lake and well, both are paid for in full. So stop sniffing the hydrogen peroxide……

Mr. EMT

Attempting to substantiate yourself with hollow claims of material wealth give you ZERO credibility.
Especially when the point made against you is your logic is absurd.
Presenting yourself as a mentally retarded drooling idiot who somehow managed to have what you claim only makes you look that much more stupid.

mightysamurai

*snort* You have by far the worst understanding of economics of any liberal on this site.

The entire reason business owners and high-income earners move their assets overseas is to avoid high taxes in the first place.

Hatma

snort? Well yes, they CAN move jobs overseas, but like the mosque at the Burlington Coat Factory, should they, morally?

BTW taxes? Snort. No it's because they can pay workers $1 an hour, instead of an American worker a living wage……can you say unemployment? I knew you could.

Mr. EMT

Really? What happens to companies doing business here that are discovered to be operating sweat shops in other countries, moron?
Your lies are pathetic.
mightysamurai

Well yes, they CAN move jobs overseas, but like the mosque at the Burlington Coat Factory, should they, morally?

So now moving your business overseas to avoid oppressive government taxes is equivalent to building a shrine to Islamic terrorism at Ground Zero?

You must be on drugs.

it's because they can pay workers $1 an hour

No, you small stupid child, it isn't. If it was then there wouldn't be any jobs in this country. They would all have gone overseas a long time ago.

This is what happens when you try to argue an issue you know nothing about.

Mr. EMT

Well now clinton's two unpaid wars and tax breaks for the wealthy aside, we are dealing now with obamao.
Who has spent trillions with out even fighting a war or trying to accomplish anything that could be considered any good at all with any of the money he wasted.
Not even a queerbait nut licking fag like you can name a single thing that stimulus money went for that promoted job growth in the private sector (as promised by obamao, which we knew was a lie) or improved daily life for any private citizens in America.

D-Vega

Who has spent trillions with out even fighting a war or trying to accomplish anything that could be considered any good at all with any of the money he wasted.

I give up. Who?

TheDickNixon

B.Hussein Obamateur, aka Jimmah Carter Sr.

D-Vega

That would be funny, considering we are still in two wars. FAIL.

TheDickNixon

Obama said last night Iraq is over, we are “turning the page”.

DId he lie?
D-Vega

Obama didn't take office last night, did he?

And does that mean that the Iraqis will be picking up the troop bill from this point on? Don't think so.
TheDickNixon

Why aren't they? Obama said they are in control of their destiny. Was he lying?
D-Vega

They are in control. And have been. But that doesn't mean they are picking up the bill for our troops being there.
TheDickNixon

So Obama is ok with the US subsidizing Iraq? He didn't run on that platform.
D-Vega

He said we have to follow through now that we are there in the first place.
TheDickNixon

19 months and no end in sight. END”LESS” WAR
Mr. EMT

Well according to his history and his problems he sure acts like he was born last night and Bush is still running things and causing problems that he can't handle.
Obamao is a fine example of a whiner that can't get his shit together.
But hey you think by now he can play a good round of golf?
D-Vega

That's really Congress's job and I would agree with you that the Dems suck, too. But I would prefer the Dems to the Reps.

Mr. EMT

Hey moron, the trillions Obama spent did not go into the war effort.
Get a clue.

D-Vega

Hey junior, the deficits do.,

Mr. EMT

Sorry, sister, the 1.3 trillion had nothing allotted for the war effort. Just squirrel bridges and waste spending. We can look further into the debt till we start finding what bills Obamao purposed and sent to congress for the defense budget if you want?
But honestly I'm all out of laughs.
D-Vega

You didn't even know it included tax rebates, so I don't think you are one to make that call.
Mr. EMT

I am the one to make the call since I am working, paying taxes, and voting and being affected by increased taxes which are making it impossible for the healthcare industry to work with the optimum number of people to meet the needs of the community.
The ER hospitals from Virginia to Texas have been running on skeleton crews, praying to God no one calls out sick because of how short staffed they are and can't afford to hire more people.
And there is your trillion dollars gone up in smoke on WASTE SPENDING.
I guess cutting taxes and giving tax holidays would have been too damned easy and too much like GOP policies for democrats to live with so its better to crush business huh moron?
In the healthcare field, you are going to play hell finding a tenth of the non union voters who think obamao is doing a good job.
Every doctor I know hates what he has done to this country.
And union or not. NO ONE in the country is prepared for the affects of healthcare professionals becoming government employee's and the cost of Free healthcare.
So yeah I am a damn good one to make the call.
I am aware of “Tax rebates” obamao promises.
and I am more than aware of the fact that to date, every offer of help that has come from obamao, comes with a price tag.
D-Vega

I pay plenty taxes myself dude.
Mr. EMT

Good comeback, basement dweller. You sure put me in my place.
Scuse me while I go wipe the crap i stomped out of you figuratively from my size twelves.

mightysamurai

Funny you say that, since the economy always does better under dems.

*cough*JimmyCarter*cough*

It's obvious that without the stimulus this country would be in dire straights.

Then why is unemployment still higher than Obama said it would be without the Porkulus?

StanW

That should leave a mark! Thanks, Sam!

http://www.patriotpost.com bthewolf

Waw so much stupidity in one post, I'm not sure where to begin, how about, the last Dim to leave a good economy to his replacement was Kennedy and he cut taxes!!!

So, you little hate filled troll, come back when you have more than one brain cell firing at a time.
D-Vega

Wow. The opposition party claiming the President's economic policies aren't working? Shocker.

More shocking is that said party doesn't take any responsibility for anthing they did in the President's office prior to 2009, and anything in Congress prior to 2007.

Mr. EMT

Hey, at least Smithwick and myself gave obamao credit for obamao's success with his policies.

The confusion people have over this issue is whether or not it is a success when you are trying to achieve failure and destruction.
I personally never had any doubt what the outcome would be from obamao's success and why I wished he would fail from the beginning.
However, libtards you support have his insane “lemming” mentality that in order for something to be fixed, first it must be broken.
And that is why no one with a brain should ever place any responsibility in your hands.
mightysamurai

More shocking is that said party doesn't take any responsibility for anthing they did in the President's office prior to 2009, and anything in Congress prior to 2007.

In that case, I for one take full responsibility for the 5% unemployment, record high tax revenues, and booming stock prices we had prior to 2007.

D-Vega

Don't forget the deficits, unfunded laws, deregulation that led to the housing/stock market collaspe and the unemployment that lives on to this day.

TheDickNixon

Those $400 billion deficits? That 5% unemployment? “Fannie Mae is strong”? January 2007, we had a decent economy. By July 2007, oops. An Inconvenient Truth.

D-Vega

It doesn't work that way. If that's the case, then Bush screwed up the economy he inherited from Clinton.

It takes years to finally reach bust. We are crawling OUT of it now.
TheDickNixon

Bush inherited a beginning recession that started the last two quarters of CLinton's term. Then 9-11 and a $1.5 trillion hit to the economy.

And we are still headed downward.
D-Vega

Nice way to prove my point. Bush inherited a recession, but Obama in '09 and the Dems in '07 did not.
TheDickNixon

in 2007 there was no recession. In 2009, Obama did inherit the Pelosi/Reid economy.
D-Vega

Nice spinning you are doing there. Maybe you can make me an ashtray?
TheDickNixon

Maybe you can have a smoke while telling us about Cambodia.

In January 2007 the economy was fine. Yes or No?
D-Vega

No, It was not fine.

And Cambodia was fucked up.

Is that clear enough? And I rarely smoke these days. Maybe three a day?
The Karma Hoser

How about the glue you sniff before ranting like a toddler with a soiled diaper?
D-Vega

Got that Congressional record that Obama voted against war funding yet?
Mr. EMT

# Voted to fund war until 2006; now wants no blank check. (Nov 2007)
# Late to vote against war is not late to oppose war. (Jun 2007)
# Spending on the Cold War relics should be for the veterans. (Jun 2007)
# Would have voted no to authorize the President to go to war. (Jul 2004)
# Voted YES on redeploying US troops out of Iraq by March 2008. (Mar 2007)
# Voted NO on redeploying troops out of Iraq by July 2007. (Jun 2006)
billdalasio

Actually, Vega, the NBER, the folks who officially date recessions, put the current one as starting 12/07. So, you are wrong about that.
D-Vega

Recessions start for a reason. There are many things that led to the recession.
Mr. EMT

Nope they did.
But umm what was it they did to fix it?
Oh yeah, spend more money on WASTE.
Boy that sure fixes everything huh, Vag.
Mr. EMT

Funny, Ontop of the BS waste Bush inherited, add to it the 2 wars you guys are always harping on the price of, the cost of the destruction of the WTC buildings and government money that went into training additional first responders, damages etc that went from millions to billions of tax payer programs, Tsunami, Katrina, 3+ dollars a gallon at the gas pumps (which probably had something to do with people going default on loans maybe possible could be?) etc etc.
During all that he still held us together.
What challenge has obamao faced? raising his par at the golf course.
But hey, at least he got that surplus from clinton right? Plus the debt that made the surplus from loans.
Mr. EMT

Yeah yeah, Bush screwed it up by not stopping democrats from destroying it.
We know your arguement.
It's stupid as hell and demonstrates only a moron would ever trust the left with power again since they will abuse it and blame you for their abuse.

mightysamurai

deregulation that led to the housing/stock market collaspe and the unemployment that lives on to this day

Are liberals ever planning on proving this argument that “deregulation” caused the financial crisis?

Mahatma

Well the proof is in the puddin' sammy. Take a gander around you. I'm sure you weren't even a twinkle in pappys eye before Ronnie Raygun's destruction of our economy. But if you were you would remember the golden age of this country.
mightysamurai

So you have no proof then. Got it.
The Karma Hoser

Hatboy, Ronald Reagan inherited the mess that Jimmy Carter and the dems made of everything. I was a kid at the time, and I clearly remember gas lines, high inflation and interest rates, timpot dictatorships making even more trouble, the Iran Hostage Crisis,…

Those are facts, my mental midget, and as Ronald Reagan the Great said: :Facts are stubborn things.”

WE are the RIGHT, and WE SHALL OVERCOME!! :D
D-Vega

Got that Congressional record that Obama voted against war funding yet?
Mr. EMT

Obamao flagrantly admits he voted against the war and voted against funding, moron.
If obamao tried to deny he did then we would worry about proving it.
Get on the same page with your dear leader. Remember? “War is BAD, we should apologize and bow to saddaam, not hang him like a common criminal!”
The Karma Hoser

If you were to look it up in the Congressional Record, you'd find it yourself, but you won't being the lazy juvenile hissyfitting troll you are. Work is definitely an anathema to you, my paranoid schizophrenic moonbat!!

TheDickNixon

What happened in 2007 Vega? What was the economy doing up until that time Vega?

D-Vega

The things then led to our problems now. I know you guys will never admit to it. And that's why a Republican screeching about an economic policy is a joke.

TheDickNixon

One trillion in wasted stimulus money. No net effect. Obamateur, the gift that keeps on giving.

D-Vega

The majority of which went to states (which Republicans gladly accepted, even while blasting the stimulus bill) and rebates to the American people.
TheDickNixon

WIth no net effect.
D-Vega

No effect besides putting money in the American people's pockets, that is.
Mr. EMT

That is a bald faced lie. Not a single stimulus program is putting money in any private citizens pockets.
D-Vega

You do know that $300 billion of it was all tax rebates, right? You can be that uninformed? Am I over-estimating you?
TheDickNixon

to no net effect.
D-Vega

So four straight quarters of GDP growth is not a net effect to you?
TheDickNixon

Make sure to wipe your chin when you finish with Obama. January 2007 started all this shit. January 2011 will start the repair job.

1.6% GDP. OOOH IT's FUCKING ROLLING!
D-Vega

Don't blame me, you Republicans have only been out of office for 2-4 yrs.

(that's a joke, i agree both parties suck)
Mr. EMT

So basically you are saying that obamao wasted over a trillion so people who are eligible can get their piece of 300billion…
Boy what a deal!
D-Vega

We all agree it's our money, right?
Mr. EMT

Yup, all of our money being WASTED.
UFKA_Smithwick

Whoa, when did you turn in to an unhinged rightwing racist?

Our money? Tax cuts to stimulate the economy?

You've lost it: it's the governments money and only tax increases can save us.
mightysamurai

What money? I've never seen any Spendulus money.
D-Vega

Are you saying that you did need receive a tax rebate check last year (you are within a teacher's salary, no)?

And that Stimulus dough also funded 38K jobs in Florida (you live in FL, right?) Plus unemployment checks for your unemployed in FL? Offsetting your state deficit in FL?
Mr. EMT

Wrong again.
According to the white house, they can not give credit for ONE SINGLE JOB being created by the stimulous.
They say they “saved jobs” as companies downsize and lay off workers.
D-Vega

The American Recovery & Reinvestment Act of 2009 has funded 38,505 jobs in Florida so far, according to statistics compiled by Onvia.

The Seattle-based company, which tracks government contract availability, said the 38,505 jobs placed Florida at No. 5 in a ranking of all states. Pennsylvania led the list with 73,510 stimulus-created jobs.

Florida ranked 26th in the U.S. for stimulus funding per capita, at $194. Alaska led the nation with per-capita funding of $962.

Florida ranked 14th in the U.S. for future private-sector job creation resulting from stimulus-funded project contracts for the rest of the year. The list was led by North Carolina, followed by Vermont.

– South Florida Business Journal
Mr. EMT

Well, lets look at bare facts.
Charlie Christ was the one who got the stimulus for florida, and he is being run out on a rail now.
Gee wonder why that is?
Wonder if it has anything to do with the COST of those 38k jobs “saved or created” by stimulus in florida?

“Well … if it's bad for America, it can't possibly be good for your state,” Rubio said. “Let me tell you why the stimulus has failed. The stimulus has failed because since that famous day in February where the governor campaigned with Barack Obama on behalf of the stimulus program, 211,000 Floridians have lost their jobs.”
http://www.politifact.com/florida/statements/2010/mar/28/marco-rubio/rubio-says-florida-has-lost-211000-jobs-crist-camp/

Seriously any job's growth claims from this administration is a fucking joke. It always has the tag of “we saved or created (x number) of jobs with our waste”
tblrk2006

Seriously any job's growth claims from this administration is a fucking joke. It always has the tag of “we saved or created (x number) of jobs with our waste”

100% correct. There have been little to no jobs created….which is why they decided to include the phrase “jobs saved” when mentioning “jobs created.” Jobs saved is a figure that cannot be measured, cannot be proven, but sure does sound good to a drooling dimwit like mahatma or vega.
D-Vega

Facts say otherwise.
Mr. EMT

How about the fact that democrats seeling re-election dont want to be seen standing close to obamao?
That is a pretty neat fact huh?
UFKA_Smithwick

I'm going to take twenty dollars out of your left pocket and put fifteen in your right.

Do you feel wealthier now? I just gave you 15 bucks, you should be grateful.

mightysamurai

The things then led to our problems now.

Be specific, D-Vega. What “things” were happening in 2007 that led to our current problems? And what (or more importantly who) was responsible for creating those “things”?
billdalasio

Actually, anyone who follows RMBS knows the genuinely toxic vintages that led to the crisis were 2007 & 2008.

baoxian

The countries that refused to throw money down the stimulus rathole are today enjoying healthy economic growth. I guess Bush engineered that too, just to embarrass Obama, right?

D-Vega

You ever think that their health was at our expense?

mightysamurai

You must be completely stupid if you think that's what he meant.

D-Vega

I am not saying that's what he meant.
mightysamurai

Ah, so you're saying your post was completely useless, feckless, and otherwise pointless. Got it.
D-Vega

No, that a lot of policies led to foreign countries doing better at our expense.

UFKA_Smithwick

Yep, they stole our money when we weren't looking.

That's why the stimulus is a failure, Obama is still an economic genius!

UFKA_Smithwick

You sure used a lot of words to just say “RACISTS! You only disagree because he's black”.

D-Vega

What?

UFKA_Smithwick

Oh be honest, that's your only real response to any criticism of the One.

Can you honestly claim that the economy is doing great right now?

D-Vega

No. it's not. But it is improving.
UFKA_Smithwick

Only if you base it on your love of dear leader and not the actual stats.

TheDickNixon

You mean the tax breaks that produced record tax revenues? Those tax breaks?

And really, we know you are gay, as you have admitted. No need to bring up your lifestyle activities in every post. We get it, you are loud and proud. Save your energy for your “partner”, the “Canadian Soldier” or whatever you called him.
Phil Latio

TheDick doesn't understand the effect, therefore theDick sees no effect. He's such a Dick!
TheDickNixon

Flagged for trolling.
Mahatma

Flagged for dishing it out but not being able to take it.
Mahatma

Whew the cons are getting spittle crazy. Get over it. There is an African-American in the White House and he is way more successful than any of you spending time here are.
Mr. EMT

We already discussed the fact he has been successful with his agenda in comments below, Traitor.
Mr. EMT

Flagged for being a flagging hypocrite.

D-Vega

Did you just call him a flaggitt?

TheDickNixon

When liberals lose the argument, look for race to be brought up.
http://www.wordaroundthenet.com Christopher Taylor

Without a time machine its a bit hard to know exactly what would have happened without the “stimulus” spending, but its pretty obvious that where the spending went and what it went for had a pretty minimal effect on the economy. Sure it sustained a few temporary jobs through projects like road work, and it helped a lot of state governments continue acting as if they don't have to make bare bone deep cuts to their excess spending, but it didn't make businesses want to hire, it didn't create wealth, and it didn't do a damn thing to actually stimulate the economy.
http://conservativebootcamp.com Martin Hale

Please to notice who brings race into the discussion, yet again,