Login | Register
SearchMy Stuff
My ProfileMy PreferencesMy Mates RSS Feed
1 2 ... 83 84
86 87 ... 159 160
Reply to Topic
Author Discussion

London424

5,649 posts

62 months

[news] 
Friday 12th October 2012 quote quote all
What are the stats like for the debt and the deficit?

We've learnt in Europe it's easy to make things look good if you're spending money you don't have.

Muntu

6,691 posts

86 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
It's only because of Obama's policies that we are not in the same state that much of Europe is.
You are the brokest country on the planet. BHO piled on more debt than the previous 40 odd president combined ISTR

confused

unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
London424 said:
What are the stats like for the debt and the deficit?

We've learnt in Europe it's easy to make things look good if you're spending money you don't have.
By stimulating and staving off recession he's saved a lot of jobs and kept people spending. The payback will be faster growth down the road which will happen more readily and reduce the deficit more quickly. Growth will increase next year and will accelerate as the economy picks up more speed in 14 and beyond.

Art0ir

7,319 posts

57 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
By stimulating and staving off recession he's saved a lot of jobs and kept people spending. The payback will be faster growth down the road which will happen more readily and reduce the deficit more quickly. Growth will increase next year and will accelerate as the economy picks up more speed in 14 and beyond.
And you're accusing others of having blinkers on. Lol.

unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
Art0ir said:
unrepentant said:
By stimulating and staving off recession he's saved a lot of jobs and kept people spending. The payback will be faster growth down the road which will happen more readily and reduce the deficit more quickly. Growth will increase next year and will accelerate as the economy picks up more speed in 14 and beyond.
And you're accusing others of having blinkers on. Lol.
Feel free to make a worthwhile contribution if you have one to make. Most naysayers don't. wink
Advertisement

Guam

22,251 posts

155 months

[news] 
Friday 12th October 2012 quote quote all
Paul Krugman rofl
I doubt PH towers has the budget for the server farm to contain opinion on him. Seriously they will be bringing Al Gore out on Climate change next.

http://www.forbes.com/sites/kylesmith/2012/05/24/p...

http://www.thedailybeast.com/articles/2012/08/20/n...

http://www.zerohedge.com/news/ultimate-krugman-tak... This Video is well worth watching to see Ktugman taken apart.
And before anyone waves his Nobel Prize around Obama got one for god knows what, and the EU was just awarded the Peace prize hehe

Those of us On The Climate threads know Krugman only too well throwing him in is absolutely an act of desperation in a debate! rofl

Mermaid

18,398 posts

58 months

[news] 
Friday 12th October 2012 quote quote all
Just seen the VP debate.

Biden is a bruiser, Ryan is better suited in the back office.

Jimbeaux

28,569 posts

118 months

[news] 
Friday 12th October 2012 quote quote all
Mermaid said:
Just seen the VP debate.

Biden is a bruiser, Ryan is better suited in the back office.
Nah, Biden is an asshole with not a shred of class, as is demonstrated by the dominant headlines being how "off putting" his rude laughing and smirking was to most being polled as well as "Twitter".

London424

5,649 posts

62 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
London424 said:
What are the stats like for the debt and the deficit?

We've learnt in Europe it's easy to make things look good if you're spending money you don't have.
By stimulating and staving off recession he's saved a lot of jobs and kept people spending. The payback will be faster growth down the road which will happen more readily and reduce the deficit more quickly. Growth will increase next year and will accelerate as the economy picks up more speed in 14 and beyond.
Have you done the sums on how much growth will be needed? I think you might be shocked.

jeff m2

1,394 posts

38 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
London424 said:
What are the stats like for the debt and the deficit?

We've learnt in Europe it's easy to make things look good if you're spending money you don't have.
By stimulating and staving off recession he's saved a lot of jobs and kept people spending. The payback will be faster growth down the road which will happen more readily and reduce the deficit more quickly. Growth will increase next year and will accelerate as the economy picks up more speed in 14 and beyond.
May I interject.
Firstly, stimulating the economy by QE 1, 2 and 3 is akin to me spending on your credit card.
If you think that's ok mail me your card.

Cos my household will proper if I can pay for on your credit. (hope you have a decent limitbiggrin)
The US is a consumer economy dependent on consumer spending. Even if the economy does pick up in '14 jobs lag the economy by two years, by which time I will have maxed out your card. I mean Obama will have maxed out the country.

The people who have made money this year are not the people he pretends to represent but those who have sufficient funds to take advantage of the very predictable Bernake.
16% on foreign bonds ytd, I'll take that all day, but it's on the back of those who work and pay taxes as they earn their depreciating dollar.
I'm beggining to sound like a socialistbiggrin

Four years ago his second largest contributor was a brokerage house, they have now flipped to Romney, but that doesn't change who benifited from his term of office. (Banks not so much, as they were considered evil)
They probably flipped because he is talking about the carry trade being taxed as income when it is cap gain. The result of that there will be nobody to rescue rescuable companies with resultant job losses. Who would be willing to to go long on a risk if it not taxed as l.t.gain?

What's done is done we can't undo it, but we can prevent a further four years of confusion.





Jimbeaux

28,569 posts

118 months

[news] 
Friday 12th October 2012 quote quote all
Again, I think polls are bullst; however, since polls were rammed down PH throats by a Dem Party operative, here are some more. All polls are different but this is the same poll changing in just over a week. It had Obama leading by 1 point, the same poll has Romney ahead by 7 points in Florida.

http://www.miamiherald.com/2012/10/11/3045712/poll...

unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
Mermaid said:
Just seen the VP debate.

Biden is a bruiser, Ryan is better suited in the back office.
Biden served him. I liked the laughing, Obama should have done it too. Instead Willard told a pack of lies and Obama let him do it. Biden laughed in Ryan's face and basically called him a liar. Job done Joe.

unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
jeff m2 said:
May I interject.
Firstly, stimulating the economy by QE 1, 2 and 3 is akin to me spending on your credit card.
If you think that's ok mail me your card.
So instead of stimulating you would have slashed expenditure? Oh.. and cut taxes for the richest 2%. Eh?

We would now be facing way higher unemployment without QE. Instead we have unemployment falling, record corporate profits, record stock market, housing market moving upwards at last, decent growth projections etc... If we had cut we have had higher unemployment and a deep recession which would have taken much longer to recover from IMO. As it is all the economic indicators are positive and we are recovering faster than nearly all other western economies.

Jimbeaux

28,569 posts

118 months

[news] 
Friday 12th October 2012 quote quote all
The debate was very close and Biden made some strong points. However, his idiot grinning and laughing was childish and disrespectful, it will negate any gains he might have made. One must understand, both sides are going after undecided votes, most from the midwest and the south. People from those regions value respect and bearing because those are values they were raised with. See if Biden's classless behavior does not dominate the news of this debate.

Guam

22,251 posts

155 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
Biden served him. I liked the laughing, Obama should have done it too. Instead Willard told a pack of lies and Obama let him do it. Biden laughed in Ryan's face and basically called him a liar. Job done Joe.
Shall we carry on with lies? Is it 250K or a million dollars?

How about Libya shall we get into "WE were not aware of requests for addittional saecurity?" <and lots of others from Biden> Hell I am thousands of miles away and I didnt need fact checker on most of Bidens Bullst
That libyan comment was directly contradicted in the hearings the DAY BEFORE goldfish memories indeed.
My rating on the night is further up the thread but please give over with only the republicans are lying as that is one of the biggest lies of them all.

Your mob are lying at every opportunity as well and even the most bereft of intellects can pick them up now!

Now the American voter knows how it feels to be a Brit, when they are all lying fkwits <as they are here in the UK>.


unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
The alternative to grinning would have been for Joe to lean over and give the disingenuous little roach a good slap. I think he showed a good deal of restraint given the torrent of lies being spewed across the table from him.

Mermaid

18,398 posts

58 months

[news] 
Friday 12th October 2012 quote quote all
Jimbeaux said:
The debate was very close and Biden made some strong points. However, his idiot grinning and laughing was childish and disrespectful,.
Agree, that did not help him. smile


Edited by Mermaid on Friday 12th October 22:29

London424

5,649 posts

62 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
jeff m2 said:
May I interject.
Firstly, stimulating the economy by QE 1, 2 and 3 is akin to me spending on your credit card.
If you think that's ok mail me your card.
So instead of stimulating you would have slashed expenditure? Oh.. and cut taxes for the richest 2%. Eh?

We would now be facing way higher unemployment without QE. Instead we have unemployment falling, record corporate profits, record stock market, housing market moving upwards at last, decent growth projections etc... If we had cut we have had higher unemployment and a deep recession which would have taken much longer to recover from IMO. As it is all the economic indicators are positive and we are recovering faster than nearly all other western economies.
At what cost though? The country is broke! How long until the debt ceiling needs to get raised again?

Guam

22,251 posts

155 months

[news] 
Friday 12th October 2012 quote quote all
unrepentant said:
So instead of stimulating you would have slashed expenditure? Oh.. and cut taxes for the richest 2%. Eh?

We would now be facing way higher unemployment without QE. Instead we have unemployment falling, record corporate profits, record stock market, housing market moving upwards at last, decent growth projections etc... If we had cut we have had higher unemployment and a deep recession which would have taken much longer to recover from IMO. As it is all the economic indicators are positive and we are recovering faster than nearly all other western economies.
Thats where you are way off, you dont see the connection with QE the Stock Market and Property values? Can your side spell BUBBLE?
You did catch on to why this mess occurred right? So inflating other bubbles will make it ok then? Not just kick the can down the road to the next generation? <or the one after that soon>

ETA anyone who thinks this will actually work <more of this Debt> take a trip to Spain or Greece and ask them how well MASSIVE deficit spending has worked out for them! THATS the endgame economically speaking!




Thanks to the Euro Thread

Edited by Guam on Friday 12th October 22:34


Edited by Guam on Friday 12th October 22:37


Edited by Guam on Friday 12th October 22:39

unrepentant

Original Poster:

16,042 posts

143 months

[news] 
Friday 12th October 2012 quote quote all
London424 said:
unrepentant said:
jeff m2 said:
May I interject.
Firstly, stimulating the economy by QE 1, 2 and 3 is akin to me spending on your credit card.
If you think that's ok mail me your card.
So instead of stimulating you would have slashed expenditure? Oh.. and cut taxes for the richest 2%. Eh?

We would now be facing way higher unemployment without QE. Instead we have unemployment falling, record corporate profits, record stock market, housing market moving upwards at last, decent growth projections etc... If we had cut we have had higher unemployment and a deep recession which would have taken much longer to recover from IMO. As it is all the economic indicators are positive and we are recovering faster than nearly all other western economies.
At what cost though? The country is broke! How long until the debt ceiling needs to get raised again?
The alternative was way worse IMO.
1 2 ... 83 84
86 87 ... 159 160
Reply to Topic