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  1. #26
    A neverending cycle Trainwreck2100's Avatar
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    its created lots of jobs.....................in india and china

  2. #27
    Board Man Comes Home Clipper Nation's Avatar
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    That's what I didn't get about this whole debate. We've been living under the bush tax cuts, for what, 12 years? These were supposed to create jobs. Where are they? Oh, I get it, we need more tax cuts, that'll do the trick. Anybody who still subscribes to any sort of supply side economic theory is a mother ing moron.
    That's because neocons stop at just tax cuts, tbh.... they'd never consider real spending cuts because then somebody might realize how bloated their beloved military is, tbh....

  3. #28
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    http://www.forbes.com/sites/louiswoo...kruptcy-again/

    General Motors Is Headed For Bankruptcy -- Again

    President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly compe ive in the U.S. market.

    Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion worth of stock, and sitting on an unrealized loss of $16.4 billion.

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