I'm sure he believes that BS. He's a Keynesian at heart.

Writerbuckeye;815906 wrote:I'm sure he believes that BS. He's a Keynesian at heart.

You're just an inconsistent keynesian if you don't accompany your tax cuts with offsetting spending cuts...

But fwiw Obama is no keynesian and is making the same mistake as 1937...it's all been deficit, deficit, deficit...and he has offered nothing to fix unemployment besides his conservative cocktail of inefficient fail that he called a stimulus bill. Houses dropped $13 trillion in net worth from Q3/07 to Jan 1, 2008 and that is the garbage he gives us to make up for that.

Nevermind while equipment and software spending expanded by 26% because the major driver of this sudden increase in capital expenditures was a Barry's tax break for bonus depreciation. This incentive allowed companies to expense the full capital expenditure immediately rather than amortizing it over several years. The net effect of is a tax reduction but through incentivizing business activity.

And yet, you get Manhattan-Buckeye calling him anti-business because he thinks Barry got into Harvard because of affirmative action and Writer calling him a keynesian when every Keynesian out there disagrees with most of Obama's economic policies.

"And yet, you get Manhattan-Buckeye calling him anti-business because he thinks Barry got into Harvard because of affirmative action"

I call him anti-business because he went to HLS and never used it - and his policies are incredibly anti-growth. Whether he got into HLS due to AA, I don't know. But he won't release his LSAT or transcript (despite that Kerry and W's stats are public knowledge), what are we supposed to believe? The terrible job he's done in the last 2.5 years speaks for itself. We elected a fraud. Whether the GOP can beat him in '12 is an open question, but it doesn't detract from his incompetence. He's the most unqualified POTUS in our lifetime and his defenders are running out of excuses. The US economy is not getting stronger, and he's aloof (or as the media would call it, cool). Completely in over his head.

gut;815806 wrote:I will vote for anyone with a pulse over Obama. He clearly doesn't have the answers so someone else gets a shot. Sure, in theory the Repub candidate could be worse but that still doesn't make Obama any better for the job - I'd settle for someone equally unqualified without the crushing liberal agenda. People need to pay more attention to the Senate and House races and get some good people in there since we seem to have mostly bozos to choose from for POTUS.

Obama had this gem today - "We can't cut our way to prosperity".....Bullshit

Cutting the deficit has the same economic effects as a tax raise in the short term and I'm sure you wouldn't say we can tax our way to prosperity in the short term. A working productive workforce that doesn't lose skills and become less healthy because of persistently high unemployment is the key to prosperity.

Alas new data shows that the States that have cut the most since Nov. 2010 have lost the most jobs...which should be the number one priority.

http://thinkprogress.org/economy/2011/06/27/255010/chart-states-cut-most-spending-jobs/

BoatShoes;815950 wrote:Cutting the deficit has the same economic effects as a tax raise in the short term

I don't care about the short-term....It's a long-run game. And I dispute the effects are the same. Any time the govt transfers wealth, wealth is destroyed in the process. A cut, from a GDP perspective, is always going to be more productive than raising taxes. I think where you're getting lost is deficit spending artificially props up the economy in the short-run with extra dollars into the system. Deficit spending is not the same as funding more spending with increased taxes, which theoretically is a zero-sum game but govt waste means we get something like 90 cents on the dollar (to say nothing of return).

Manhattan Buckeye;815948 wrote:"And yet, you get Manhattan-Buckeye calling him anti-business because he thinks Barry got into Harvard because of affirmative action"

I call him anti-business because he went to HLS and never used it - and his policies are incredibly anti-growth. Whether he got into HLS due to AA, I don't know. But he won't release his LSAT or transcript (despite that Kerry and W's stats are public knowledge), what are we supposed to believe? The terrible job he's done in the last 2.5 years speaks for itself. We elected a fraud. Whether the GOP can beat him in '12 is an open question, but it doesn't detract from his incompetence. He's the most unqualified POTUS in our lifetime and his defenders are running out of excuses. The US economy is not getting stronger, and he's aloof (or as the media would call it, cool). Completely in over his head.

The economy is not getting stronger because he is doing exactly what you would have him do....focusing on the deficit. If you don't think that he is focusing on the deficit please point to me what legislation he has proposed to improve the endless unemployment and housing problems....he's done nothing beyond the inadequate stimulus...which you would have decried for the debt it created if it was of any appropriate size. I don't see how calling him failing to actually practice law has anything to do with him being anti-business when if you look at the facts business investment is up.



Obama being anti-business has to be grounded in something other than that he chose not to go do M&A at a Big Firm after he graduated right?

I mean damn the guy made it illegal not to buy private health insurance!

"I think where you're getting lost is deficit spending artificially props up the economy in the short-run with extra dollars into the system. "

100% correct, and the only reason we aren't experiencing hyperinflation is because we're broke - the only thing we've done is devalued our currency. We've pounded dollars into the economy with the stimulus and with quantitative easing, with little results. Bernanke deserves as much blame as the executive branch.

"If you don't think that he is focusing on the deficit please point to me what legislation he has proposed to improve the endless unemployment and housing problems.."

He's sucked at both - which is why he's incompetent.

"Obama being anti-business has to be grounded in something other than that he chose not to go do M&A at a Big Firm after he graduated right?"

The 1099 provision in the healthcare bill was the most incredibly stupid, just shake your head as to how anyone would think this is a good idea addition that it shames the entire government. Its as if none of these clowns worked even as a clerk in a department store. He doesn't know the first thing about a real contract, how to read a balance sheet or what motivates businesses to make decisions.

gut;815962 wrote:I don't care about the short-term....It's a long-run game. And I dispute the effects are the same. Any time the govt transfers wealth, wealth is destroyed in the process. A cut, from a GDP perspective, is always going to be more productive than raising taxes. I think where you're getting lost is deficit spending artificially props up the economy in the short-run with extra dollars into the system. Deficit spending is not the same as funding more spending with increased taxes, which theoretically is a zero-sum game but govt waste means we get something like 90 cents on the dollar (to say nothing of return).

Yeah well think about the long-run affect on GDP if unemployment remains high...that is why austerity in a recovery is bad even if you're focusing on the long-term because unemployment will do more damage to long run GDP and deficits than borrowing money at basement low interest rates especially when you consider our nation's debt in comparison to the whole size of our economy is not that disconcerting.

Manhattan Buckeye;815965 wrote:"I think where you're getting lost is deficit spending artificially props up the economy in the short-run with extra dollars into the system. "

100% correct, and the only reason we aren't experiencing hyperinflation is because we're broke - the only thing we've done is devalued our currency. We've pounded dollars into the economy with the stimulus and with quantitative easing, with little results. Bernanke deserves as much blame as the executive branch.

What other chance did we have than Quantitative Easing because conservatives would do nothing so despite knowing it's limitations from Japan in the 90's.

BoatShoes;815975 wrote:Yeah well think about the long-run affect on GDP if unemployment remains high...that is why austerity in a recovery is bad even if you're focusing on the long-term because unemployment will do more damage to long run GDP and deficits than borrowing money at basement low interest rates especially when you consider our nation's debt in comparison to the whole size of our economy is not that disconcerting.

Again, what jobs are they creating? Companies are afraid to hire despite terrific profits because of the uncertainty created, in no small part, by Obama's economic policies. You're talking about recession smoothing which has very debateable long-run benefits. One could argue the Great Recession was brought on by smoothing of the internet bubble which prevented the excesses from naturally working their way out of the system.

Hiring a guy to dig a ditch and another to fill it in does absolutely nothing for the economy.

gut;815995 wrote:Hiring a guy to dig a ditch and another to fill it in does absolutely nothing for the economy.

True but it does give the Bammer some free advertising:

Ty Webb;815799 wrote:Belly....

I still fully support President Obama and will Be voting for him

Why

stlouiedipalma;813381 wrote:Sarah or Michelle???

Hmmm...

Should I vote for a dumb c*** or a stupid c***?


Pretty shocking, huh? No more shocking than some of the insults we hear every day about the President of the United States.

Think about what nonsense you post before you hit that "post reply" option.

I'd vote for the one who can't tell the difference between John Wayne and John Wayne Gacy. Leadership material FTW!

Heretic;816218 wrote:I'd vote for the one who can't tell the difference between John Wayne and John Wayne Gacy. Leadership material FTW!

+1 LOL

Heretic;816218 wrote:I'd vote for the one who can't tell the difference between John Wayne and John Wayne Gacy. Leadership material FTW!

Both are from Iowa. Perhaps she mispoke? Or was in the wrong town when she said it...I bet she knows there aren't 57 states...

Those in glass houses...

http://www.conservapedia.com/Obamaisms

Obama doesn't know his ass from a hole in the ground

[video=youtube9hZpJp7U3Y][/video]

I love how the media overplays every misstep by any GOP candidate who comes close to Obama in polling -- but always ignore every stupid thing he's said since he began campaigning for the job, as if it never happened.

People in those kinds of situations are going to say things wrong. It's just the way it works. The question is this: does a few misspoken words mean the person saying it isn't smart? If you believe this, then Obama has to qualify as one of the dumbest presidents in history. I don't believe that, but some of you are giving him this huge pass that isn't being given to anyone from the GOP.

Writerbuckeye;816251 wrote:I love how the media overplays every misstep by any GOP candidate who comes close to Obama in polling -- but always ignore every stupid thing he's said since he began campaigning for the job, as if it never happened.

People in those kinds of situations are going to say things wrong. It's just the way it works. The question is this: does a few misspoken words mean the person saying it isn't smart? If you believe this, then Obama has to qualify as one of the dumbest presidents in history. I don't believe that, but some of you are giving him this huge pass that isn't being given to anyone from the GOP.

I wouldnt say Mrs. Bachman is running anywhere close to President Obama....seeing how she is running 12-15 points behind him

And this is worse than any mis-speak President Obama has ever had

Ty Webb;816252 wrote:I wouldnt say Mrs. Bachman is running anywhere close to President Obama....seeing how she is running 12-15 points behind him

And this is worse than any mis-speak President Obama has ever had

Worse than a president not knowing how many states there are?

Worse than not knowing Illinois is closer to Kentucky than Arkansas?

Worse than saying Iran is no threat militarily?

I'd say ALL of those are worse than not knowing where some celebrity was born. It's meaningless trivia, compared to stuff an actual president should know about his own country or foreign affairs.

Writerbuckeye;816267 wrote:Worse than a president not knowing how many states there are?

Worse than not knowing Illinois is closer to Kentucky than Arkansas?

Worse than saying Iran is no threat militarily?

I'd say ALL of those are worse than not knowing where some celebrity was born. It's meaningless trivia, compared to stuff an actual president should know about his own country or foreign affairs.

Explain how Iran is a threat militarily to us?? PLease explain that

Ty Webb;816268 wrote:Explain how Iran is a threat militarily to us?? PLease explain that

You truly are a moron.

Here's some more fun for you to read...

http://latimesblogs.latimes.com/washington/2011/05/obama-britain-gaffe-queen-elizabeth.html

To the United States mainland....please tell me how Iran is a threat

Please answer the question

http://www.youtube.com/watch?v=vaG6s05MKeM