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Old 08-02-2011, 03:22 PM   #131
John D Harris
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Default Re: Economy

GWB added $4,215,000,000,000 as per wiki $10,413,000,000,000 of debt through FY09 the last year he had ANY say over minus $6,198,000,000,000 = $4.215,000,000,000 not the dam $6,100,000,000,000 Lie of the above graph.

Obama has added $4,087,000,000,000 in less then 3 year with 2 full months to go in fy11.
$14,300,000,000,000 current debt minus $10,413,000,000,000 = $4,087,000,000,000

http://en.wikipedia.org/wiki/Nationa...idential_terms

What people forget is that President Obama got PASSED a stimlus package that went towards the debt in 2009 $786+ billion and a Omibus spending bill another $800+ billion. Those that are untruthfull will credit those amounts to GWB because the increase was durning fy09, but the reality is President Obama Signed the spending not GWB.
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Old 08-02-2011, 03:43 PM   #132
Azred
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Ironworks Forum Re: Economy

Quote:
Originally Posted by Timber Loftis View Post
Actually, the very best way for government to create jobs is let out the contracts to do more fixing up of our dated and dangerously dilapidated infrastructure. Some was done, about a 10th of what was needed to drive an economic recovery.
Don't worry--we will focus on infrastructure spending after a major bridge collapse so that it doesn't happen again.

There was a bridge outside the town where I went to university that was still standing but condemned; it was barricaded by a large pile of dirt. I wonder if it has fallen down yet?
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Old 08-02-2011, 04:32 PM   #133
John D Harris
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Default Re: Economy

The best way for gove't to create jobs is to get the Hale out of the way of us who ACUALLY DO create jobs. How many people have you employeed? How many jobs have you created? I've created jobs employeed people and had to let them go.... if you haven't created a job you ain't got a clue about what it takes. There are two type of people employers and employees. It ani't the frekkin employee that creates squat.
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Old 08-02-2011, 05:31 PM   #134
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Default Re: Economy

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Originally Posted by John D Harris View Post
It ani't the frekkin employee that creates squat.
Well except wealth for his employer that is.
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Old 08-03-2011, 12:28 PM   #135
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Default Re: Economy

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Well except wealth for his employer that is.
Nice try Machinehead but you took that sentce OUT of CONTEX the context is cleary about creating jobs... If anyone thinks it's easy start you own business, take a chance, step up. Own a business and have employees, pay the bills.

But to reply to you the employee also gets his own wealth.... it's called a paycheck... Employees willingly exchange time and labor for money for themselves.
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Crustiest of the OLD COOTS "Donating mirrors for years to help the Liberal/Socialist find their collective rear-ends, because both hands doesn't seem to be working.
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Last edited by John D Harris; 08-03-2011 at 03:41 PM.
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Old 08-03-2011, 02:35 PM   #136
Azred
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Ironworks Forum Re: Economy

Anyone who thinks that the government is somehow in charge of creating jobs needs to ask The Department of Commerce, whose mission statement includes:

Quote:
The U.S. Department of Commerce promotes job creation, economic growth, sustainable development and improved standards of living for all Americans by working in partnership with businesses, universities, communities and our nation’s workers. The department touches the daily lives of the American people in many ways, with a wide range of responsibilities in the areas of trade, economic development, technology, entrepreneurship and business development, environmental stewardship, and statistical research and analysis.

To drive U.S. competitiveness in the global marketplace, the Commerce Department works to strengthen the international economic position of the United States and facilitates global trade by opening up new markets for U.S. goods and services. Here at home, the Commerce Department promotes progressive business policies that help America’s businesses and entrepreneurs and their communities grow and succeed. Cutting-edge science and technology at the department fosters innovation, and a focus on research and development that moves quickly from the lab to the marketplace generates progress and new 21st century opportunities. No matter where businesses are in their life cycle, whether just getting off the ground or looking to expand into overseas markets, the Commerce Department is singularly focused on making U.S. companies more innovative at home and more competitive abroad, so they can create jobs.

The Commerce Department also provides effective management and monitoring of our nation’s resources and assets to support both environmental and economic health. Through critical weather monitoring, weather forecasts and resource preservation, the department protects not only public safety and security but also our oceans, coasts and marine life while assisting their economic development. Other essential operations conducted by the Commerce Department include the constitutionally mandated decennial census, which serves as the basis of America’s representative democracy, as well as the system by which businesses and innovators secure intellectual property rights. The Secretary of Commerce leads the department’s efforts, overseeing a $7.5 billion budget and nearly 47,000 employees worldwide.
why they aren't actually promoting job creation and economic growth. One might also ask them why they aren't promoting the economic development of our oceanic and coastal resources.
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Old 08-03-2011, 03:44 PM   #137
John D Harris
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Default Re: Economy

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Originally Posted by Azred View Post
Anyone who thinks that the government is somehow in charge of creating jobs needs to ask The Department of Commerce, whose mission statement includes:



why they aren't actually promoting job creation and economic growth. One might also ask them why they aren't promoting the economic development of our oceanic and coastal resources.
LOL cause when there is business growth and creation there are winners and losers... and we can't have any of that stuff
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Old 08-04-2011, 03:19 PM   #138
John D Harris
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Default Re: Economy

Hale fire and brimstone the stock market is droppin faster then even doom and gloom me thunked, and gold rebounded faster!!!
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Crustiest of the OLD COOTS "Donating mirrors for years to help the Liberal/Socialist find their collective rear-ends, because both hands doesn't seem to be working.
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67:KIA 9378
68:KIA 14594
69:KIA 9414
70:KIA 4221
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72:KIA 300

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Old 08-05-2011, 12:45 PM   #139
John D Harris
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Default Re: Economy

The news and talking head are out in force waxing about how the world has lost $4trillion in the markets over the last week... It's all on paper. This is what I mean by we are living in a preception is reality bubble. The only people who lost anything were people who sold, people who let the preception overide the reality. Yes the preceived value of the stocks I own is currently less then it was a week ago, but I still OWN the stocks, I have lost anything until I sell, I ain't selling, so I ain't lost squat. I still have the same number of stocks in a company that pays dividens, I'll still get the dividens.
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Crustiest of the OLD COOTS "Donating mirrors for years to help the Liberal/Socialist find their collective rear-ends, because both hands doesn't seem to be working.
Veitnam 61-65:KIA 1864
66:KIA 5008
67:KIA 9378
68:KIA 14594
69:KIA 9414
70:KIA 4221
71:KIA 1380
72:KIA 300

Afghanistan2001-2008 KIA 585
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Old 08-05-2011, 01:18 PM   #140
Azred
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Ironworks Forum Re: Economy

Quote:
Originally Posted by John D Harris View Post
The news and talking head are out in force waxing about how the world has lost $4trillion in the markets over the last week... It's all on paper. This is what I mean by we are living in a preception is reality bubble. The only people who lost anything were people who sold, people who let the preception overide the reality. Yes the preceived value of the stocks I own is currently less then it was a week ago, but I still OWN the stocks, I have lost anything until I sell, I ain't selling, so I ain't lost squat. I still have the same number of stocks in a company that pays dividens, I'll still get the dividens.
That is because you are in the markets for the long term instead of the short term. The people who consistently lose are the ones who try to micromanage their investments on a daily basis, trying to maximize their daily gains buy buying and selling that day's "hot tips" or "trending now" stocks. The long-term result of investing is growth and a 4.2% return every year for 10 years is better than 50% return now. (check it for yourself: 1.042^10 > 1.50)
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