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  1. #26
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    @ the people in here that think the Federal government borrowing and pissing off another half billion dollars is really going to help the economy.
    What's your proposal to resolve the Banksters' Great Jobs Depression?

    My guess: "I'm doing really well, so everybody else"

  2. #27
    keep asking questions George Gervin's Afro's Avatar
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    As opposed to GGA just being plain ing stupid lol.
    but,but,but i heard on fox news and talk radio say that reid blocked the 'procedural' bill..

    gullible..lol

  3. #28
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  4. #29
    Mr. John Wayne CosmicCowboy's Avatar
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    You have to account for fiscal drag. There is nothing wrong with short term spending to prop up the economy as long as we have a long term plan to reduce the debt. Now would be the best time to invest in infrastructure. Labor/Material is cheap. Why not now? The government is responsible for infrastructure, no?
    Infrastructure spending doesn't happen overnight and if the goal is to stimulate the economy in 2011-2012 that isn't your magic bullet. Remember Obama admitting that those "shovel ready" jobs weren't really shovel ready? Besides, short term road construction jobs are not going to solve the "unemployment" problem. The majority of the unemployed don't have the desire or skill to do road construction.

  5. #30
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    What's your proposal? Let me guess, lower taxes and less regulation.
    Mine would be to address the trade imbalance. Bring blue collar jobs back to our shores.

  6. #31
    Mr. John Wayne CosmicCowboy's Avatar
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    Mine would be to address the trade imbalance. Bring blue collar jobs back to our shores.
    Bull . Those jobs aren't coming back. The emerging economies have too many people that want to work and will work for less than American workers. See Manny in the other thread. He wouldn't do manual labor outside for $90,000 a year.

  7. #32
    Veteran Wild Cobra's Avatar
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    You have to account for fiscal drag. There is nothing wrong with short term spending to prop up the economy as long as we have a long term plan to reduce the debt. Now would be the best time to invest in infrastructure. Labor/Material is cheap. Why not now? The government is responsible for infrastructure, no?
    Problem...

    There is no plan to keep people employed. We're doing pretty good at keeping Asia employed, but not our own people.

    What are people going to do for work when the tax dollar paid jobs dry up, and how are our children going to pay that debt?

  8. #33
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    Infrastructure spending doesn't happen overnight and if the goal is to stimulate the economy in 2011-2012 that isn't your magic bullet. Remember Obama admitting that those "shovel ready" jobs weren't really shovel ready? Besides, short term road construction jobs are not going to solve the "unemployment" problem. The majority of the unemployed don't have the desire or skill to do road construction.
    Got it. You would do nothing more than compound the problem by further reducing federal spending. it. Forget 4 trillion over 10 years, let see if we can reduce federal spending by 4 trillion by next year!

  9. #34
    Veteran Wild Cobra's Avatar
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    Bull . Those jobs aren't coming back. The emerging economies have too many people that want to work and will work for less than American workers. See Manny in the other thread. He wouldn't do manual labor outside for $90,000 a year.
    Is that your answer? Give up? Without employing people here, we are doomed.

    We need to disassemble the trade agreements we have. tariff imports if necessary. Lower or eliminate corporate taxes that produce products here. Move to a consumption tax instead of the production tax we have now.

  10. #35
    Veteran Th'Pusher's Avatar
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    What are people going to do for work when the tax dollar paid jobs dry up
    Ideally the stimulus would have a multiplier effect helping the economy recover so additional stimulus isn't needed.

    and how are our children going to pay that debt?
    Obama has the super committee with offsetting the cost of the bill.

  11. #36
    Veteran Wild Cobra's Avatar
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    Ideally the stimulus would have a multiplier effect helping the economy recover so additional stimulus isn't needed.

    Obama has the super committee with offsetting the cost of the bill.
    LOL...

    Fat chance. Unless we find good paying jobs to replace those we lost to free trade, we are doomed.

    Why does everyone address what they are told to address in the news?

  12. #37
    Mr. John Wayne CosmicCowboy's Avatar
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    Ideally the stimulus would have a multiplier effect helping the economy recover so additional stimulus isn't needed.

    Obama has the super committee with offsetting the cost of the bill.


    That's rich. The super committee will not come up with a plan that can pass an up/down vote. Get ready for across the board cuts.

  13. #38
    Mr. John Wayne CosmicCowboy's Avatar
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    LOL...

    Fat chance. Unless we find good paying jobs to replace those we lost to free trade, we are doomed.

    Why does everyone address what they are told to address in the news?
    WC, a lot of those jobs are just gone. They are obsolete. Technology and the world has passed them by. The sooner people accept that and lower their expectations the better.

  14. #39
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    WC, a lot of those jobs are just gone. They are obsolete. Technology and the world has passed them by. The sooner people accept that and lower their expectations the better.
    Well at least we agree on one thing.

  15. #40
    i hunt fenced animals clambake's Avatar
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    wc is right. at the very least.....force overseas manufacturers to operate some of their plants here.

  16. #41
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    The currency manipulation China has done over the years and still does is completely artificial. So while a free-market champion would mull over implementing tariffs on their goods, I think some sort of economic damage compensation in the form of tariff or some such should be in place until they stop doing it. Obviously, that would trigger an outcry from them, and potentially the US would lose a very important lender, but isn't that something we need to get to eventually?

  17. #42
    Veteran Wild Cobra's Avatar
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    WC, a lot of those jobs are just gone. They are obsolete. Technology and the world has passed them by. The sooner people accept that and lower their expectations the better.
    I don't think there is enough of an economy left now to be stable, even if people accept a lower standard of living. We still need to reduce spending to levels maintainable by taxation. Less wages means less tax revenue. We cannot maintain these deficits.

  18. #43
    W4A1 143 43CK? Nbadan's Avatar
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    The currency manipulation China has done over the years and still does is completely artificial. So while a free-market champion would mull over implementing tariffs on their goods, I think some sort of economic damage compensation in the form of tariff or some such should be in place until they stop doing it.
    You need to watch

    http://www.youtube.com/watch?v=4JoyICg4qbQ

  19. #44
    Veteran Wild Cobra's Avatar
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    I haven't finished watching this video yet, nor do I know how long it is. However, this is so far what I have understood:

    link

  20. #45
    Veteran Wild Cobra's Avatar
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    Between 15 and 20 minutes, I start disagreeing with what he says. FYI... This is an infomercial also. Didn't know that when I discovered it, still interesting though.

  21. #46
    Believe. admiralsnackbar's Avatar
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    WC, a lot of those jobs are just gone. They are obsolete. Technology and the world has passed them by. The sooner people accept that and lower their expectations the better.
    That you say this in the same breath as the one you use to crap on the jobs bill seems absurd to me. Infrastructure development is precisely the sort of job market that people with lowered expectations might be expected to take on.

    People need jobs, even people who have been trained for professions that were supposed to earn much more than ditch digging. Many people have their parents to shield them from having to deign to accept ty jobs to pay off their educations and mortgages and living expenses and health insurance, but I'm inclined to think that more people find themselves in real trouble right now -- trouble of the sort that the shrinking white collar job market and an unstable, economic bellwether service industry job market will not be able to relieve. It's increasingly clear the recession isn't a hiccup to be waited out.

    Beyond that, infrastructure development isn't just busywork: the Minneapolis I-35 bridge collapse is an extreme example, but it's emblematic of a whole raft of similar problems that need addressing if private enterprise is going to continue to be able to offer business as usual.

  22. #47
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    WC adores the globalized free market and unregulated capitalism, but that's EXACTLY what has destroyed and will continue to destroy US jobs market as UCA continues to create more jobs overseas while destroying jobs in US,

    and esp by NOT punishing China for holding its currency 30% below its real value and

    for not playing by WTO rules by subsidizing in companies with $30B/year (from the $Ts in $ reserves, ie, US taxpayer $ hosed into China as US bonds interest payments).

    WC is also has said US workers are overpaid and need to be paid low enough to compete with South and East Asians.

    Obama's challenge to the Repugs to say why they are against his or any jobs bill will go seriously unanswered.

    Obama should also throw back at them their campaign shtick of "Where are the jobs?" The Repugs pro-cyclical spending cuts will kill 100Ks, maybe Ms, of jobs. But that's exactly what they want as 2012 election strategy. Repugs hurt Human-Americans to the max and blame it on Obama.

  23. #48
    Veteran Wild Cobra's Avatar
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    That you say this in the same breath as the one you use to crap on the jobs bill seems absurd to me. Infrastructure development is precisely the sort of job market that people with lowered expectations might be expected to take on.

    People need jobs, even people who have been trained for professions that were supposed to earn much more than ditch digging. Many people have their parents to shield them from having to deign to accept ty jobs to pay off their educations and mortgages and living expenses and health insurance, but I'm inclined to think that more people find themselves in real trouble right now -- trouble of the sort that the shrinking white collar job market and an unstable, economic bellwether service industry job market will not be able to relieve. It's increasingly clear the recession isn't a hiccup to be waited out.

    Beyond that, infrastructure development isn't just busywork: the Minneapolis I-35 bridge collapse is an extreme example, but it's emblematic of a whole raft of similar problems that need addressing if private enterprise is going to continue to be able to offer business as usual.
    In the past, when wars or infrastructure have bettered our economy, we were already making almost all our products within our borders. Sure, infrastructure is still the way to go for helping the economy of the tax payer's dime, but it is no longer a starter. Once the finances are taken away, the help it did also disappears, because it put the Asians to work making the extra products we consumed instead of our own people. There is no sustaining loop afterwards.

  24. #49
    Veteran Wild Cobra's Avatar
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    WC adores the globalized free market and unregulated capitalism, but that's EXACTLY what has destroyed and will continue to destroy US jobs market as UCA continues to create more jobs overseas while destroying jobs in US,

    and esp by NOT punishing China for holding its currency 30% below its real value and

    for not playing by WTO rules by subsidizing in companies with $30B/year (from the $Ts in $ reserves, ie, US taxpayer $ hosed into China as US bonds interest payments).

    WC is also has said US workers are overpaid and need to be paid low enough to compete with South and East Asians.

    Obama's challenge to the Repugs to say why they are against his or any jobs bill will go seriously unanswered.

    Obama should also throw back at them their campaign shtick of "Where are the jobs?" The Repugs pro-cyclical spending cuts will kill 100Ks, maybe Ms, of jobs. But that's exactly what they want as 2012 election strategy. Repugs hurt Human-Americans to the max and blame it on Obama.
    When you continually get people's viewpoints wrong, we will continue to think of you as the joke you are.

  25. #50
    Believe. admiralsnackbar's Avatar
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    In the past, when wars or infrastructure have bettered our economy, we were already making almost all our products within our borders. Sure, infrastructure is still the way to go for helping the economy of the tax payer's dime, but it is no longer a starter. Once the finances are taken away, the help it did also disappears, because it put the Asians to work making the extra products we consumed instead of our own people. There is no sustaining loop afterwards.
    What about the sustaining loop of having dependable roads upon which to go to your job? What about having dependable national vectors of delivery? Once the work is done, it's done -- I agree. But that doesn't mean the work stops yielding economic benefits.

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