tag:blogger.com,1999:blog-570497968855832694.post3950270557709390426..comments2023-05-10T04:52:13.662-05:00Comments on American Descent: Depression on the Horizon?Unknownnoreply@blogger.comBlogger9125tag:blogger.com,1999:blog-570497968855832694.post-34531115023087708332010-08-22T07:19:36.987-05:002010-08-22T07:19:36.987-05:00I don't understand economics, but I know when ...I don't understand economics, but I know when I am already broke and my wife spends more money than I have, it doesn't generate more income for me. It makes my deficit bigger. That means I get broker, not richer. Of course, I don't have the luxury of printing up more money.<br /><br />This is OBamanomics. Spending money to lower the deficit. It's counterintuitive and plainly insane.<br /><br />I don't have much knowledge of basic economics, I admit, but I have something Obama apparently doesn't:<br /><br />Common sense.Markhttps://www.blogger.com/profile/15633208787250567256noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-66677776230076008422010-08-22T00:24:12.603-05:002010-08-22T00:24:12.603-05:00Ben,
I don't think you can make the case that...Ben,<br /><br />I don't think you can make the case that everything the Dems propose is either deficit neutral or would reduce it. Can you point to anything that has proven to be so?<br /><br /><i>"The fact is the best way to stimulate the economy is not to give a $100,000 to every millionaire, but instead to give $10 to 10,000 unemployed Americans."</i><br /><br />This is silly on two levels. First is the idea that the gov't is giving anything to anyone. It's all our money in the first place and as you well know, most of it belongs to the wealthy. Secondly, as an American who is only presently employed part time, ten bucks won't help me at all and giving that amount to 9,999 other poor slobs won't help anything either. We need jobs, not handouts of our own money given back to us. All that "economic activity" you think will be generated by such a plan will come to an abrupt end once the ten bucks is spent. The businesses that you think will get that money need to get it in an ongoing regular way through constant consumerism of the type only employed people can offer.<br /><br />You don't understand the economy if you think investments in the market or even savings account investments are worthless to generating activity. Business grows via cash flow from investing AND sales. Either is "investing" in a business and each provides a return, either in the product purchased or the dividend or rising stock price returned to the investor. <br /><br />Frankly, I think most Repubs would indeed support a drop in or suspension of the payroll tax. Absolutely. Indeed, it's been suggested by right-wingers already. I know for a fact that Gingrich has suggested it. Thus, I don't think you can make the case that the GOP will block every proposal simply because it is proposed by Dems. The Dems just haven't come up with anything that is truly helpful without also attaching wasteful, unnecessary and usually self-serving spending to go along with it. The real question is why can't they come up with anything that conservatives would support? The answer is that it doesn't serve the Dems in a manner that satisfies them. It's not a matter of compromise if what is demanded is harmful to the economy.Marshal Arthttps://www.blogger.com/profile/01054268632726520871noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-23049597273471225262010-08-20T15:43:01.698-05:002010-08-20T15:43:01.698-05:00For months the conservative line has been a diatri...For months the conservative line has been a diatribe against the federal deficit and debt. So almost everything Democrats have proposed has either been deficit neutral or would even reduce the deficit. <br /><br />Now when it comes to millionaires and billionaires, the tax cuts are more important then the deficit. <br /><br />The fact is the best way to stimulate the economy is not to give a $100,000 to every millionaire, but instead to give $10 to 10,000 unemployed Americans. The unemployed will take those Alexander Hamiltons and go out immediately to buy Velveeta Cheese or pay their car payment. They will take those funds and inject them into the economy through real businesses that will turn around to use those funds to stock shelves and buy advertising and pay employees, etc. And that sort of increased economic activity is what it will take to reignite the American economy. <br /><br />A millionaire can take his Bush Tax Cut and stick it in the bank where it does nothing for the economy. He can invest it in the financial markets which as an industry need no help at all. Or if he might invest in real business interests like expanding a factory or hiring workers. But why should a business owner invest in growth when there is no demand for additional products? Why should he hire workers he doesn't need? Why should he develop a new product?<br /><br />It would be better for America to give the Bush Tax Cuts to the unemployed or reduce the payroll tax, but Republicans won't vote for that, and with 40 solid votes in the Senate they can block the Democratic majority. The Republican party leadership in multiple quotes has stated their inflexibility to Democratic overtures and compromises. They would rather defeat the Democratic party than compromise or lose an vote for the good of the nation.BenT - the unbelievernoreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-59695521874389699632010-08-20T14:08:22.604-05:002010-08-20T14:08:22.604-05:00I realize the last few sentences sound contemptuou...I realize the last few sentences sound contemptuous of the man. So let me be perfectly clear: I am contemptuous of him as a leader. I do pray for the 'man', for his salvation and that of his family, but as a leader I pray he is quickly removed. But God's will be done. Even if His will is to see America shaken from her high place, at the hand of Barack Hussein Obama.<br /><br />There is no commandment in the Bible that requires I like any man. Or approve of his actions. There isn't even a commandment to be courteous in certain situations.Erichttps://www.blogger.com/profile/08874712703862427318noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-30226597436208614282010-08-20T13:59:39.686-05:002010-08-20T13:59:39.686-05:00"Is there any doubt left that Obama is a Musl...<i>"Is there any doubt left that Obama is a Muslim?"</i><br /><br />Honestly, I don't know what he is. He's not a Christian, and he's not a very good Muslim (if he is indeed Muslim). And at this juncture I don't really think it matters what he is, religiously speaking. The 'what is he?' that matters here, right now, is 'a very bad president'. <br /><br />We knew it would turn out like this on election night. We corresponded and decided to start this blog. We KNEW he would be an unqualified disaster. We knew he would damage this country. What we DIDN'T know was the extent to which this nation would suffer damage under his inept rule.<br /><br />At this point I don't care if he's a closet Muslim or not. What I care about is seeing him hand the keys to the Oval Office to another man or woman, Republican or Democrat, in 2012... not 2016. If he manages THAT feat, we are lost as a nation. We will never recover. I know that sounds 'glass half empty' but there comes a time when you just have to see a situation for what it is... call a dog a 'dog'. And though it pains me deeply to say it, he's the king of dogs, and the sooner this cur is kicked from the doorstep the better.Erichttps://www.blogger.com/profile/08874712703862427318noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-83568226185618380622010-08-20T13:49:26.253-05:002010-08-20T13:49:26.253-05:00Realizing many of our readers contempt for such &#...Realizing many of our readers contempt for such 'rags' as <b>World Net Daily</b>, here's a link to at least one man's perspective... Mr. Henry Kissenger:<br /><br /><a href="http://www.wnd.com/?pageId=85442" rel="nofollow">Obama primed to create 'New World Order'</a><br /><br />Not all conspiracies are theories. There are those who are working behind the scenes to bring the entire world under one governmental rule. It will eventually happen, but at this point it's merely a question of 'when.'<br /><br />When America collapses... WHEN not IF... you can bet that the idea of a world government taking up the slack will seem pretty inviting to those who are suffering. Especially if our politicians tout the surrender of our national sovereignty as a good and beneficial thing.<br /><br />Poo-poo this if you wish, but I think it's foolish to not consider all the possibilities. Especially for those of us who claim to be Christian. The simple point of fact in this, for those of us who are, is that American WILL fall from its pedestal of preeminence in the world. We WILL cease to be THE superpower. Many in this country would see this as a good thing. But again, it a question of 'when,' not 'if.'Erichttps://www.blogger.com/profile/08874712703862427318noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-64698705972602632562010-08-20T05:42:22.492-05:002010-08-20T05:42:22.492-05:00Is there any doubt left that Obama is a Muslim?Is there any doubt left that Obama is a Muslim?Markhttps://www.blogger.com/profile/15633208787250567256noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-39694279395186235922010-08-20T05:41:18.294-05:002010-08-20T05:41:18.294-05:00I'd say between his reckless and stupid econom...I'd say between his reckless and stupid economic (ill)logic, and his support of building a mosque near ground zero, his intentions are becoming more and more clear:<br /><br /> He wants to bring this country down and completely demoralize the American people so his Muslim cohorts can march right in and institute Sharia Law in America.<br /><br />Osama bin Laden said it, and Obama is taking full advantage. America is a paper tiger, and Obama is intentionally making us weaker and weaker. By the time he gets done, all our enemies will have to do is step in and take over. They intend to beat us without firing a shot, and Obama is their best and main weapon.<br /><br />And he knows it.Markhttps://www.blogger.com/profile/15633208787250567256noreply@blogger.comtag:blogger.com,1999:blog-570497968855832694.post-75538719519137617132010-08-19T23:30:40.507-05:002010-08-19T23:30:40.507-05:00Nice catch, Eric. I saw this earlier today. But ...Nice catch, Eric. I saw this earlier today. But the question you pose is always the one worth $64,000. If Bozo Obama is doing this on purpose, to what end? It would have to be the most sinister end one could imagine because the suffering, as it stands now, is already driving people bats. To continue on this course will only make things worse, as digging a hole only deepens it. If this is done intentionally, and we've seen nothing to indicate any of it is helping, it constitutes evil on a scale never seen in US history. I would feel better to know it's rank stupidity, which actually seems more likely. Either way, as you suggest, disaster looms and only a sweeping sea change come November can mitigate the pain. <br /><br />But all of the above is merely the tip of the stupidity iceberg. I have a post of my own that lists this along with nine other job killing moves by the Butthead in Chief.Marshal Arthttps://www.blogger.com/profile/01054268632726520871noreply@blogger.com