"Obamanomics" is working

reply to post by whatukno


So what you are saying, and I want to make sure that I have this straight, you spend money in a recession, to end up creating inflation later on down the road that will cause another round of economic problems for the future that will hit and hit hard, affecting more and more people, than what is already affected? How does that make sense? The amount of money that the federal government is not even balancing out. Now I am not an accountant, don't have a degree, and have a good understanding on how a balance sheet works. The way the federal government is spending money would either bankrupt a company or get a few people put into jail for fraud, if they ran it like a business. The federal government has spent billions on trillions of dollars poorly. For the number of jobs they say they created or saved, it is a very bad investment for the people. Then again, it also leads to raise the question why does someone in the federal governement make more than their counterpart on the outside, and why in the middle of an economic recession does congress decide to vote themselves a payraise, yet at the same time, choose not to raise those on Social Security?

If Obama wants to actually do something good for the economy..he'd push a reform of our absolutely TERRIBLE trade laws.

This.

Given the unemployment numbers in this country, repeal NAFTA and stop exporting jobs to India, South America, etc.

Or punish countries that do. If for no other reason than to get someone that speaks english when I call tech support...

Originally posted by whatukno
reply to post by Vitchilo

 

Just not following the Obama bashing crowd. Sorry, but I don't just snap into line because it's "the cool thing". Unlike many here, I do actually think with my own brain.

I didn't always bash Bush, nor do I always support Obama. I think for myself, and try and find the truth of the matter which is why we are supposed to be on this site. Unfortunately lately, all it has been is people who are so brainwashed they can only see bad in this administration.

I understand you are an Independent Congressional candidate for 2010, so you will have more than an ample opportunity to present your "Independent" ideas to the voters of your district. And they won't be behind keyboards. They'll be in your face and REALLY independent.

If I could afford it and get the time from work, I would find a nice shady spot, bring a comfortable lawn chair, a good cooler for liquid refreshment, and a large bag of popcorn, and I'd sit back and watch you try this routine on the regular folks as you are out on the campaign trail.

Oh ya, I'd also bring a video camera!!

Good luck "Mr. Independent" from a "brainwashed" Independent voter.

Expect surprises!!

It's gonna be a hellofa ride.

Obamanomics = LEECHanomics = Robbing the poor to feed the rich

“It is difficult to get a man to understand something when his salary depends on his not understanding it,” -Upton Sinclair

Those who love leechanomics are the ones that benefit from it, even if that means your living on socialized security.

Grrr....whats that you say ? I'm a Bush-bot....and a Racists.... huh ??

For the record I dislike Bush as much as Obama, and my best friend is a Hispanic, & and also an American Citizen.

Originally posted by zzombie
Obamanomics = LEECHanomics = Robbing the poor to feed the rich

please, give further information...

i personally think you are full of it...

why does all this anti-obama trash talking alway come without any proof what-so-ever???

reply to post by sdcigarpig


I am trying to find any truth in your claims, it's difficult. Most of the stimulus money that was spent was to keep state governments afloat.

I won't deny that it does create debt.

but one thing here, can you prove this point or are you deliberately lying:

and why in the middle of an economic recession does congress decide to vote themselves a payraise, yet at the same time, choose not to raise those on Social Security?

No Salary Increase for Congress in Fiscal 2010

From what I can find, congress did not get a pay raise this year, odd. Maybe you know something that I don't, please, elaborate and prove to us that you aren't deliberately lying to prove your point.

reply to post by Oldnslo


So far, it's been going pretty well. People are liking my ideas and I am starting to generate some support. Thanks for the well wishing, but I think you would rather be bored to sit around and watch me.



[edit on 4/10/2010 by whatukno]

reply to post by whatukno


whoot, whoot! wow whatuknow, you are on fire! who really truly cares of the facts you just gave! put your thinking cap on for a bit and lets do a bit of roaming of the past events, will we? obama care will for the first time tax each and every individual in the states to have health care. whether they want it or not? disagee with me, 2014 comes into play? second, health care receiptiants can be kicked off any procedure with this new health care at any given time? disagree with me yet? social security, gdp, and over 33 states broke! are your ears open yet? this is a fail safe program that will deficate and annihilate the future of the U.S, but i still see you hugging the the sack of obama? are you a U.S resident? to be perfectly honest here, and very clear, your allegory of terms are either lies or deceits

Originally posted by allprowolfy
reply to post by whatukno

 

, health care receiptiants can be kicked off any procedure with this new health care at any given time?

proof???
can you provide it???
i'm betting on no, but will give you the chance...

if this is true, then its in the bill... please point me to that section...

reply to post by baphomet420


so many posts on ats and the mainstream media that your lil short give proof + is sad. read the over 3000 plus bill, christ man! proof,proof, been on several threads on ats, get either a job or a brain as that was way sad!!!

So healthcare passed and the economy is once again adding jobs, and a study shows that Tea Party members are highly misinformed on the the size of the Federal Government and taxes (the very things they keep protesting against). But back to health care; not surprisingly, detractors aren't happy and are crying foul. Since CBO projections (which Republicans accept when it favors one of their bills) show that this bill will reduce medical spending, Republicans are now dismissing the report as flawed. Here is the CBO's response. Another one of the chief complaints is that it will hurt Medicare. This complaint ignores the cost-cutting measures being put in place, as well as the fact that it will raise income taxes on the top earners to help fund the underfunded program. Some people claim this is socialism but a quick look at historical trends (as in, how much these taxes have been lowered over the last 30 years) shows why this is not the case, unless we were socialist during most of our Post WWII years. Note the correlation with the US national debt (which isn't as scary as it looks in the chart, since the chart isn't indexed for inflation, nor does it show that the debt is as a percentage of GDP). Something else that flies in the face of all the Medicare scare tactics; The AARP supports the bill.`

Obama has done what to stop the cycle of economic downturns we have went through for the last 50 years.

There are not new rules or laws to stop the same thing from happening in another 8 to 10 years.

I know all about how the system works as i tried to build up a retirement account for 40 years and every time i would get ahead a economic downturn would hit and i would end up spending down my retirement money just to survive.

Obama done nothing to control the banks from robbing us.
the have done nothing to control the ponzi scams of the stock market or the futures market.(remember those high oil prices a couple years ago. bases on controlled oil refining and pumping by the oil companies)

But then Obama cares only for the short term(till he get voted out)

reply to post by ANNED

Obama has done what to stop the cycle of economic downturns we have went through for the last 50 years.

There are not new rules or laws to stop the same thing from happening in another 8 to 10 years.

Well... um there is Wall Street Reform and Consumer Protection Act of 2009 (Referred to Senate Committee after being Received from House)

Probably will die in committee though. But that's the plan right? Damn the country, Obama must fail. So the Right is making damn sure that anything like what you want, you know, a wall street reform and consumer protection legislation never gets passed so that they can point and say, "Obama isn't doing anything, blah blah blah."

Course did you call your representatives and senators and tell them to pass this? Or, did you think "With a name like Obama, it's got to be Socialist!" and go out and protest against it?

Originally posted by allprowolfy
reply to post by baphomet420

 

so many posts on ats and the mainstream media that your lil short give proof + is sad. read the over 3000 plus bill, christ man! proof,proof, been on several threads on ats, get either a job or a brain as that was way sad!!!

there are tons of post from *snip*
I have yet to see any REAL proof...

Please, enlighten me...

Blogs, news paper articles, and post on ATS ARE NOT PROOF!!!

Please, point me to the section of the 1900 + page (not 3000 no need to exagerate here player) that is the basis for everybodies claims...

Where is the actual PROOF???

I do not think it is much to ask for proof when everybody is making these outrageous claims...

Please, all I am asking, SHOW ME THE SECTION...

I have had the same job for over 10 years (and I am 28)...
Why would you assume that I am unemployed???
I have a very high IQ as well...
I have brains, thats why I do not believe everything that I hear, I ASK FOR PROOF...

Mod Edit: You can make your point without calling other members who disagree with you names.

[edit on 4/11/2010 by baphomet420]

[edit on 4/11/2010 by seagull]

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Originally posted by baphomet420

there are tons of post from butt hurt racist republicans here...
I have yet to see any REAL proof...

Please, enlighten me...

Blogs, news paper articles, and post on ATS ARE NOT PROOF!!!

Please, point me to the section of the 1900 + page (not 3000 no need to exagerate here player) that is the basis for everybodies claims...

Where is the actual PROOF???



I can tell that you're a smart guy and all, but I noticed one very large flaw in your response to their form of reasoning. You ask them for PROOF.

When you ask these neo-cons for something as substantial as proof, you've stepped out of their universe. If it's not memorialized with a slogan, well they just can't remember it. Much the same way that their leaders came up with the slogan "Repeal & Replace" even before the bill was actually passed and long before they realized that it couldn't even be done.

Without catchy slogans their sails fall slack and their ship becomes dead in the water. Proof is just not an acceptable part of their vocabulary.

So it just goes to show you that no matter how smart we are, we can still learn something new every day. That's why I love ATS.

The OP is exactly correct! Obamanomics is working! In fact, it's working better than expected.

Originally posted by sharklive6
So healthcare passed and the economy is once again adding jobs,

Unfortunately, this is inaccurate. The numbers were that 162,000 jobs were added, of which 84,000 were once-in-a-decade census jobs [these are also classified as government jobs]. Then, the following week, right after Easter, they once again announced an "unexpected jump in jobless claims". Interestingly, many articles didn't even bother to print the numbers which put us back in the red.

Most importantly, however, one contributing factor to reduced unemployment benefit claimants is that their benefits are expiring -- NOT that they got a job. Using a loss in benefits to support a growing job market is Obamanomics. And you're right -- it's working for Obama. Just not the American people.

a study shows that Tea Party members are highly misinformed on the the size of the Federal Government and taxes (the very things they keep protesting against).

Obamanomics works again! The OP is correct!

Largest-ever federal payroll to hit 2.15 million

The Obama administration says the government will grow to 2.15 million employees this year, topping 2 million for the first time since President Clinton declared that "the era of big government is over" and joined forces with a Republican-led Congress in the 1990s to pare back the federal work force.

Link: www.washingtontimes.com...

Since CBO projections (which Republicans accept when it favors one of their bills) show that this bill will reduce medical spending, Republicans are now dismissing the report as flawed.

It couldn't be that the CBO is the same organization that declared the Stimulus money to be an excellent and fiscally sound bill since they knew unemployment would never surpass 6%? Perhaps that's why it's being dismissed? But again, you are correct. In Obamanomics, their figures work. The numbers and assumptions they use are all wrong, but in Obamanomics it is only the final number that matters. Another win for Obamanomics!

Note the correlation with the US national debt (which isn't as scary as it looks in the chart, since the chart isn't indexed for inflation, nor does it show that the debt is as a percentage of GDP).

Obamanomics proves this number is not at all scary:

$12,837,445,090,194.51

Further, this doesn't scare me at all. In fact, I think I'll just write the check and be done with 'my' portion:

The estimated population of the United States is 308,175,010
so each citizen's share of this debt is $41,656.35.

Well, maybe I should wait. Since it's increasing faster than I can write the check:

The National Debt has continued to increase an average of
$4.14 billion per day since September 28, 2007!

Link: www.brillig.com...

The OP is correct. Obamanomics does work!
It works wonderfully for everyone except the American people, that is.

reply to post by Flatfish


Sooo it is working then? Really?
Doctalk

hmmm people not digging the healthcare either
Healthcare

Economy ?
Economic polls

And before you start bashing Rasmussen you should know that both liberals and conservatives consider his polls to be the most accurate out there across the board.........but i know you will anyway....

Have fun!

If you think unemployment is bad right now just wait. According to the bill, the new insurance regulations state that all medical offices must get on the new electronic database. This sounds good right. Wrong. God forbid we leave it up to the customer to tell the doctor who he has seen and what he has had done, we need it readily available. Enter the following story.

My sister in law's family owns a small well respected doctors office. Doesn't account for very many jobs but it has a few people that are kept employed. Now they are forced to by a new machine that costs over 100k dollars, money that they just aren't willing to spend because my sister in law's mother has cancer and it could get too costly on them. October they are closing house before the mandates go into place. The father will go work at a hospital but the rest of the staff has to find other jobs in an already deep recession. Obama doesn't create job killers, everything he signs though happens to kill them. He is doing everything that the former administrations have done by growing government, the problem is the taxes from employment aren't there to sustain it. With the baby boomers retiring prepare to have your world rocked.

Here's what Obama has done:

He took trillions of dollars and gave it to banks and large manufacturers. In the process he either:

• Committed the USA to long-term debt we hae no hope of ever paying off, or
  
• Mandated that it would be necessary to raise taxes overall to extreme levels in the future, or
  
• Both.

He expanded the insurance industry by mandating health insurance for everyone, and further expanded it by requiring expensive insurance for everyone.

He has attempted to institute carbon taxation on energy production and usage.

He has implemented a few tax breaks for the poor (example: Making Work Pay Credit, Schedule 'M'), leading to more debt and fewer actual taxpayers. This shifts the burden of paying off this huge debt on the wealthy only.

All this has insured that the recession/depression we are in cannot recover. Any attempt at recovery will now be met with roadblocks. More jobs? Great, but when you take out the price of the new mandated insurance, one brings home less than they did in their last job. More manufacturing? Wonderful... but who is going to be buying the products? How long will they sit in the shelves? Increasing consumer confidence? Fantastic, but will it last when power bills skyrocket to 4 times their present levels and insurance doubles?

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Source: www.nytimes.com...

How much of that buying power that dries this economy comes from retirees? After all, they are the doting grandparents who buy toys and treats for those precious grandchildren. They are the ones with time to burn to take vacations, travel, or indulge in a hobby. What will happen to their buying power when the checks are cut because there is no more money for them?

That is Obama-nomics.

Now, if you want to place this into a context that most people can understand: Right now I am debt-free, but in order to be debt-free I have to lie within my means. Tomorrow I apply for and receive a dozen credit cards, easy enough to do since I am debt-free. The next day I go out and buy a new car. The following day I make a down payment on a new, nice house. The next day I buy a new 326" Hi-def Plasma TV so I can see how many nose hairs Pamela Anderson missed plucking that morning. The next day I go out and buy thousands of dollars worth of nice clothes. Am I doing better than I was a week ago? YES, by all standards one would see.

But now fast forward to one month from now. The bills have come due. I don't have enough money to pay them, so I use another credit card to pay them off. Next month, I have that bill as well. Pretty soon I am a month behind on everything and all my cards are maxed out. I can't get more cards because I am too deep in debt right now. Soon that month behind is two months behind. Then a guy walks up to me and demands my car keys. Another guy from the bank comes into my home and takes my TV. Just as well, really,because a couple of more months down the line everything else I own is sitting on the sidewalk and there is a "Repossession for Sale" sign in my (ex)front yard.

Now I am homeless, destitute, and don't even have my credit to fall back on. So tell me, am I doing better than I was a few months ago? Did my new plan succeed?

Short sightedness leads to disaster. Someday I hope humanity will learn to understand that.

TheRedneck