Obama frets on debt, sees U.S. unemployment rising, biggest bunch of crap I have

#1
OrangeEmpire

OrangeEmpire

The White Debonair
Joined
Nov 28, 2005
Messages
74,988
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60
#1
heard in a while.

The fool doesn't lose sleep and he doesn't give a damn about any thing but expanding our government to the point of complete control!

Obama frets on debt, sees U.S. unemployment rising

President Barack Obama said on Tuesday that worrying about the U.S. government's finances "keeps me awake at night" and the country needed to start planning now to tackle soaring deficits.
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#2
#2
I just had a great idea.........maybe Obama should stop proposing new spending and programs that will without a doubt increase those deficits!
 
#6
#6
Dear America,

Im in over my head. Prepare for the sh!t storm.

Regards,

Mr. Obama.
 
#9
#9
Go to the stupid sig pic thread in the help forum and just copy and paste the picture into your signature box in your user control panel.
 
#12
#12
My point was, let's not buy into the hysteria of the radio talk show hosts (who, shockingly, probably understand macroeconomics even less than I do). If the entity that is grounded on free markets and speculation isn't freaking out, I don't think we need to, either.
 
#13
#13
lawgator1 said:
My point was, let's not buy into the hysteria of the radio talk show hosts (who, shockingly, probably understand macroeconomics even less than I do). If the entity that is grounded on free markets and speculation isn't freaking out, I don't think we need to, either.
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they already freaked out from jan-march this year. obamanomics is "priced in" already.
 
#14
#14
droski said:
they already freaked out from jan-march this year. obamanomics is "priced in" already.
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Well, some of your brethren above seem to think we are a week away from removing Lincoln's statue and putting up one of Karl Marx. I just think they overplay their hand with that kind of nonsense, but who am I?
 
#15
#15
lawgator1 said:
Meanwhile, even as he announces this, the market is up 43 points. Go figure.
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So, he has nothing to lose sleep over then right? If thats the case why go public with it? Just playing that role of attention whore? :eek:k:
 
#16
#16
lawgator1 said:
Well, some of your brethren above seem to think we are a week away from removing Lincoln's statue and putting up one of Karl Marx. I just think they overplay their hand with that kind of nonsense, but who am I?
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anyone thinking obama isn't the greatest threat to american capitalism in 30 years isn't paying attention. unfortunetly a lot of people aren't paying attention. i guess that is what happens when you get your news from unbiased sources like jon stewart.
 
#17
#17
lawgator1 said:
My point was, let's not buy into the hysteria of the radio talk show hosts (who, shockingly, probably understand macroeconomics even less than I do). If the entity that is grounded on free markets and speculation isn't freaking out, I don't think we need to, either.
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You have a problem.
 
#18
#18
utvolpj said:
wait, what was the stimulus for again?
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I think that the unemployment has been projected to hit 10%, even with the stimulus. I presume that it would have been higher without it, but who knows. I, for one, think that some sort of stimulus package was needed. The one we got was perhaps 250 billion too large....but I don't pretend to really know...it's too much money for me to really get a good handle on.
 
#19
#19
lawgator1 said:
My point was, let's not buy into the hysteria of the radio talk show hosts (who, shockingly, probably understand macroeconomics even less than I do). If the entity that is grounded on free markets and speculation isn't freaking out, I don't think we need to, either.
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Who, tell us who is guilty of this!

I don't get my marching orders from the talk radio people you listen too.
 
#20
#20
lawgator1 said:
Well, some of your brethren above seem to think we are a week away from removing Lincoln's statue and putting up one of Karl Marx. I just think they overplay their hand with that kind of nonsense, but who am I?
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No, you are a fool for thinking this.
 
#22
#22
TennTradition said:
I think that the unemployment has been projected to hit 10%, even with the stimulus. I presume that it would have been higher without it, but who knows. I, for one, think that some sort of stimulus package was needed. The one we got was perhaps 250 billion too large....but I don't pretend to really know...it's too much money for me to really get a good handle on.
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when they first sold the stimulus it was said that it would contain unemployment under 8%.

But complicating Mr. Obama’s efforts are the predictions of two of his own economic advisers: Jared Bernstein, the top economist for the vice president, and Christina D. Romer, the chairwoman of the White House Council of Economic Advisers. In January, 10 days before Mr. Obama was inaugurated, they released a report forecasting that the unemployment rate would remain at 8 percent or below in 2009 if the plan were enacted.
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#23
#23
utvolpj said:
when they first sold the stimulus it was said that it would contain unemployment under 8%.
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They were wrong. Doesn't mean that because they could not meet that goal that it isn't keeping it from getting worse.

I was always under the impression based on the lag time between the appropriation and the spending that most economists felt that its bouying effects would be felt at the end of this year, beginning of next, and that the real benefit would be in making the recovery happen more quickly.
 
#25
#25
lawgator1 said:
Beck comes to mind, primarily. Funy thing is, dough boy doesn't really know what the word means.





I'm a fool for thinking many things, but this is not one of them.
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Yeah, all of the worlds problems are from right wing conservative fanatics!

You are a fool!
 
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