We may be in another recession already.

[Rohirrim]

Originally Posted by cutthemdown

Listening to dems blame a hurricane for the economy going into a recession is pretty amusing don't you all think? Try having jets slammed into the most important financial city in the country and see what it does for your plans. We will be wishing for Bush JR back soon enough. Obama's economy is going to tank.

After all, isn't that the basic rightard plan?

[TonyR]

This is mostly due to the largest decrease in defense spending in 40 years. But by all means, blame Obama if that makes you feel better.

[Fedaykin]

Originally Posted by TonyR

This is mostly due to the largest decrease in defense spending in 40 years. But by all means, blame Obama if that makes you feel better.

Do you realize how many idiots on this board don't understand that large cuts to the federal government will always lead to a recession and raised unemployment? It's quite amazing how many people here don't understand that simple connection. There are at least several who do, of course, but want their cake and eat it too (want cuts, and also want to blame the consequences on "the other guys")

Of course, this thread mostly seems to be a circle jerk for those that revel in the economy worsening because their party/beliefs are more important to them than anything else. Just like their reps.

[Rohirrim]

Originally Posted by Fedaykin

Do you realize how many idiots on this board don't understand that large cuts to the federal government will always lead to a recession and raised unemployment? It's quite amazing how many people here don't understand that simple connection. There are at least several who do, of course, but want their cake and eat it too (want cuts, and also want to blame the consequences on "the other guys")

Of course, this thread mostly seems to be a circle jerk for those that revel in the economy worsening because their party/beliefs are more important to them than anything else. Just like their reps.

That's really the point. The Right Wingers in Congress have a political incentive to destroy the economy, and for them, politics comes first.

[Arkie]

Originally Posted by Fedaykin

Do you realize how many idiots on this board don't understand that large cuts to the federal government will always lead to a recession and raised unemployment? It's quite amazing how many people here don't understand that simple connection. There are at least several who do, of course, but want their cake and eat it too (want cuts, and also want to blame the consequences on "the other guys")

But the they aren't cutting spending since adjustments were made to avoid the fiscal cliff. Spending will go up 1.87% this year.

[elsid13]

This is nothing. Notices are starting to going out now to reduce the direct support services and production contracts, and come April we will start to see government wide furlough.

[mhgaffney]

We never left.

There was no recovery.

The economy has been in the toilet for years.

Things are going to get a lot worse in the coming daze.

[lonestar]

Originally Posted by elsid13

This is nothing. Notices are starting to going out now to reduce the direct support services and production contracts, and come April we will start to see government wide furlough.

An amazing concept, do nothing jobs actually being cut.

The only time we do not spend money is when Washington is shut down.

But then if the jobs in the federal governent had not increased dramatically over the past four years the jobs creation nobama had would have led to the recession then.

So waste another 5 trillion and hope for the best. Ahahahahaha

Y'all voted for this empty suit now it sounds like time to pay the piper.

[BroncoBeavis]

Originally Posted by Rohirrim

That's really the point. The Right Wingers in Congress have a political incentive to destroy the economy, and for them, politics comes first.

Federal spending is currently 20% higher than it was in 2008. How much debt do we have to chain to the grandkids to finally "fix" the economy?

Its also fun to watch the guys constantly clamoring to slash defense spending suddenly crying about the antikeynesian tragedy of it all.

[Rohirrim]

Originally Posted by lonestar

An amazing concept, do nothing jobs actually being cut.

The only time we do not spend money is when Washington is shut down.

But then if the jobs in the federal governent had not increased dramatically over the past four years the jobs creation nobama had would have led to the recession then.

So waste another 5 trillion and hope for the best. Ahahahahaha

Y'all voted for this empty suit now it sounds like time to pay the piper.

I guess ignorance must truly be bliss. Bush was the most profligate president in decades and we didn't hear a peep out of hypocrites like you when he and the Republicans were binging on government spending like a bunch of drunken sailors for eight years. Not one single veto of a Republican spending plan in his first term. You want to see what destroyed America? Go look in the mirror.

[Rohirrim]

Originally Posted by BroncoBeavis

Federal spending is currently 20% higher than it was in 2008. How much debt do we have to chain to the grandkids to finally "fix" the economy?

Its also fun to watch the guys constantly clamoring to slash defense spending suddenly crying about the antikeynesian tragedy of it all.

The Keynesian tragedy happened when your boy Ronnie Raygun decided the rich needed a 50% tax cut and he would make up for it by robbing everybody's social security. How's that feudalism working out for you? Finally figuring out that the serfs can't support the government? Too bad.

[DenverBrit]

Congress has no part in the slow recovery?

Businesses, who are enjoying record profits, yet aren't hiring, have no part in the economy?

Banks and financial institutions sitting on record amounts of cash, have no
role?

Shrinking State and Federal Government, has no impact?

It's all down to just one guy?

Seriously??

[TonyR]

Originally Posted by BroncoBeavis

Federal spending is currently 20% higher than it was in 2008. How much debt do we have to chain to the grandkids to finally "fix" the economy?

Its also fun to watch the guys constantly clamoring to slash defense spending suddenly crying about the antikeynesian tragedy of it all.

I notice you didn't have much to say in this thread:

http://www.orangemane.com/BB/showthread.php?t=110012

[cutthemdown]

Originally Posted by BroncoBeavis

Federal spending is currently 20% higher than it was in 2008. How much debt do we have to chain to the grandkids to finally "fix" the economy?

Its also fun to watch the guys constantly clamoring to slash defense spending suddenly crying about the antikeynesian tragedy of it all.

The liberals have been fudging numbers to make it look like economy is recovering. In reality the new jobs being added are low paying and household debt skyrocketing under Obama. Sure he keeps interest rates ridicuously low to try and hide that fact. Hey if we can keep borrowing we will be ok right?

Obama is an unmitigated disaster but liberals will never admit it. Lets hope in 4 yrs people will wise up and elect some republican. I am hopeful repubs can at least hold their ground in the midterms in 2 yrs. if they could even gain a few more seats in the Senate that would be a bonus.

I really think dems smart though. They will back off gun control now and push immigration. They have seen what gun control will do to them. In a few months we won't even be talking about that anymore.

[TonyR]

Originally Posted by cutthemdown

Sure he keeps interest rates ridicuously low to try and hide that fact.

He keeps rates low? Typical stupidity from you. What would you do, raise interest rates? Explain this one please.

Originally Posted by cutthemdown

They have seen what gun control will do to them.

Gun control? You mean the thing that a majority of Americans support?

[cutthemdown]

Originally Posted by Rohirrim

I guess ignorance must truly be bliss. Bush was the most profligate president in decades and we didn't hear a peep out of hypocrites like you when he and the Republicans were binging on government spending like a bunch of drunken sailors for eight years. Not one single veto of a Republican spending plan in his first term. You want to see what destroyed America? Go look in the mirror.

Bush had to build homeland security and he won his war. Obamas surge was a huge failure. Now he wants to put in a def sec who wanted to quit Iraq before the surge. That would have led to chaos and secertian violence on Syrias scale. Bush JR has been proven right that Saddam Hussien could be eliminated and have the country get more stable each yr. In 10-15 yrs Iraq will be light years ahead of Syria which followed the Obama hands off approach.

[cutthemdown]

Tony by making things like student loans and car loans really easy to get all it does is allow those industries to charge more then their product is worth. By making int rates so low we encourage people to spend beyond their means.

[cutthemdown]

I realize thats the federal reserve but still its a govt wide approach from both parties actually.

[cutthemdown]

Majority of Americans support gun control but those numbers skewed into areas where liberals already do well. NY/CA/DC. That issue won't be so kind to your Senators in rural areas. Also Americans fooled by media into thinking assault rifles are more dangerous then hunting rifles of the same calibar and rate of fire.

Country will go along with background checks on new gun purchases with exemptions for family and thats about it.

[TonyR]

Originally Posted by cutthemdown

Tony by making things like student loans and car loans really easy to get all it does is allow those industries to charge more then their product is worth. By making int rates so low we encourage people to spend beyond their means.

I'm just not sure what your suggested alternative to lower interest rates would be. Lower rates allows people to refi their mortgages, allows more people the ability to afford homes, allows businesses to borrow more affordably, etc. These are all stimulative to some degree, no? I don't know that people are "borrowing beyond their means" a lot right now because lending standards have tightened considerably. Again, I don't know what alternative you're suggesting by criticizing low interest rates.

[peacepipe]

Originally Posted by cutthemdown

Majority of Americans support gun control but those numbers skewed into areas where liberals already do well. NY/CA/DC. That issue won't be so kind to your Senators in rural areas. Also Americans fooled by media into thinking assault rifles are more dangerous then hunting rifles of the same calibar and rate of fire.

Country will go along with background checks on new gun purchases with exemptions for family and thats about it.

VA,PA,NJ are not liberal strongholds.

http://www.huffingtonpost.com/2013/0...n_2590495.html

The issue of gun control remains highly partisan, with Democrats more than twice as likely as Republicans to say they're dissatisfied with current gun laws. But background checks have shown the potential to transcend that divide. In Virginia, Republicans and Democrats were equally likely to support background checks, according to Quinnipiac, while in both Pennsylvania and New Jersey, the gap between the groups stood at a mere 2 percentage points.

While Quinnipiac's Virginia results are somewhat more favorable on expanding background checks than those of a Roanoke College poll also released this week, the Roanoke survey likewise found overwhelming support for the measure. In the Roanoke poll, 86 percent of Virginians, including 84 percent of gun owners, favored background checks at gun shows. Universal background checks were favored by three-quarters of Virginians and just under two-thirds of Virginian gun owners.

Nationally, surveys taken since the Newtown, Conn., shooting similarly show a broad consensus behind background checks, outstripping the support given to most other gun control policies. A CBS/New York Times poll found that 92 percent of Americans favor universal background checks. Other surveys showed support for the proposal hovering somewhere between 80 and 90 percent.

[Rohirrim]

Originally Posted by cutthemdown

The liberals have been fudging numbers to make it look like economy is recovering. In reality the new jobs being added are low paying and household debt skyrocketing under Obama. Sure he keeps interest rates ridicuously low to try and hide that fact. Hey if we can keep borrowing we will be ok right?

Obama is an unmitigated disaster but liberals will never admit it. Lets hope in 4 yrs people will wise up and elect some republican. I am hopeful repubs can at least hold their ground in the midterms in 2 yrs. if they could even gain a few more seats in the Senate that would be a bonus.

I really think dems smart though. They will back off gun control now and push immigration. They have seen what gun control will do to them. In a few months we won't even be talking about that anymore.

You still don't get it, do you? There was no reason to go into Iraq. Not only that, it was a violation of everything America is supposed to stand for. There were no WMDs. There was no threat to the U.S. In fact, it has made us weaker by strengthening Iran's influence in the region. Cheney lied us into that war. Wolfowitz lied us into that war. Powell lied us into that war. Here's the casualty list: http://antiwar.com/casualties/ We blew a trillion dollars. Here's the list of war profiteers that raked in billions: http://www.businesspundit.com/the-25...ar-profiteers/

Don't you get it? The whole thing was a boondoggle. A scam. A complete rip off planned by Cheney and his cohorts. Wake the **** up.

And you think more Republicans in the Senate will fix everything? No wonder this country is so ****ed up; Voters who think like you.

[Arkie]

Originally Posted by DenverBrit

Congress has no part in the slow recovery?

Businesses, who are enjoying record profits, yet aren't hiring, have no part in the economy?

Banks and financial institutions sitting on record amounts of cash, have no
role?

Shrinking State and Federal Government, has no impact?

It's all down to just one guy?

Seriously??

The federal government is bigger than it's ever been. Spending is still growing even this year. State governments are becoming more and more insignificant these days as the federal government takes over.

[elsid13]

Originally Posted by Arkie

The federal government is bigger than it's ever been. Spending is still growing even this year. State governments are becoming more and more insignificant these days as the federal government takes over.

No it not. Since 1962 the highest workforce (include the military, legislative, judicial and post office) was 6,639, 000 (1968). As of 2011 it was 4,403,000.


http://www.opm.gov/policy-data-overs...torical-Tables

[DenverBrit]

Originally Posted by Arkie

The federal government is bigger than it's ever been. Spending is still growing even this year. State governments are becoming more and more insignificant these days as the federal government takes over.

It appears that it is finally shrinking after spiking from Bush to Obama.

Federal employment has fallen for seven of the last eight months, the longest sustained drop in more than a decade. The decline is tiny: Just 9,900 fewer workers in May compared with a year earlier, excluding postal and temporary Census workers, reports the Bureau of Labor Statistics. That's a fraction of the 2.2 million civilian federal workforce.

Nevertheless, the reversal marks the end of a period of enormous employment growth that spanned the end of George W. Bush's presidency and the start of President Obama's term.

http://usatoday30.usatoday.com/news/...wth/55318944/1

But that is one small part of the equation that effects the economy.