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Obama Promises New Era of Big Government
- Thread starter pspr
- Start date
Quote from Ricter:
Did you see the report on US deleveraging from McKinsey Global Institute?
http://www.mckinsey.com/Insights/MG...Markets/Uneven_progress_on_the_path_to_growth
<img src="http://www.mckinsey.com/Insights/MGI/Research/Financial_Markets/~/media/42EEAB23ECA04E329F2E84FCD317999F.ashx">
Ouch.
I look at that chart and see irresponsible tax cuts, an unnecessary war and economic calamity due to laissez faire (ie Republican) non-management of the financial sector.
Irresponsible spending you nit. Obama is out of control. Look at the chart!!!!Quote from futurecurrents:
Ouch.
I look at that chart and see irresponsible tax cuts, an unnecessary war and economic calamity due to laissez faire (ie Republican) non-management of the financial sector.
<img src="http://upload.wikimedia.org/wikipedia/commons/thumb/3/3b/USDebt.png/300px-USDebt.png">
http://en.wikipedia.org/wiki/United_States_public_debt
You were also supposed to see that many of our peers are in the same boat, but that we (and a couple others) are improving and they are not (yet). As this continues effective demand can only grow.Quote from futurecurrents:
Ouch.
I look at that chart and see irresponsible tax cuts, an unnecessary war and economic calamity due to laissez faire (ie Republican) non-management of the financial sector.
Quote from pspr:
ANYTHING GOOD. We never give him credit for ANYTHING GOOD. That's because he hasn't done anything good except fly his drone around Pakistan - Until he lost it in Iran.
Credit has an inherent positive definition.....
a source of honor <a credit to the school>
6
a : something that gains or adds to reputation or esteem : honor <took no credit for his kindly act>
b : recognition, acknowledgment <quite willing to accept undeserved credit>
7
: recognition by name of a person contributing to a performance (as a film or telecast) <the opening credits> I guess he can't fly a drone , or bowl.
But you're right, he can't fly a drone for crap.
Quote from futurecurrents:
It's so refreshing have a captain of the ship of state that has some mental ability to navigate after 8 years under the neocons ,and Bush, and foundering on reefs.
Do you honestly believe there is a difference between the Republican and Democrat parties? For the most part, their biggest donors are the same crooks. If we continue promoting entertainment over information, we're going to constantly alternate between 8 years of a Republican president and 8 years of a Democrat president. The people will think there is a difference because some social issues will be handled differently between regimes, but real change will never come blaming one side of the same coin.
Entitlement programs will consume ALL Tax Revenue by 2049
http://www.heritage.org/budgetchartbook/entitlements-historical-tax-levels
<img src="http://www.heritage.org/budgetchartbook/charts/2011/entitlements-historical-tax-levels-600.jpg">
http://www.heritage.org/budgetchartbook/entitlements-historical-tax-levels
<img src="http://www.heritage.org/budgetchartbook/charts/2011/entitlements-historical-tax-levels-600.jpg">
Which is why it's so important for us to start effectively controlling the healthcare costs imposed by the baby boom generation until they have "moved off the chart". Any good ideas out there for controlling medical costs? Anyone doing better than us that we might be able to steal some ideas from?
[Oh, I missed the obvious on that chart. How many boomers will be around in 2049?]
[Oh, I missed the obvious on that chart. How many boomers will be around in 2049?]
Quote from pspr:
Irresponsible spending you nit. Obama is out of control. Look at the chart!!!!
<img src="http://upload.wikimedia.org/wikipedia/commons/thumb/3/3b/USDebt.png/300px-USDebt.png">
http://en.wikipedia.org/wiki/United_States_public_debt
You know, we're traders here. We should be able to read a chart. If you carefully look at the chart we can see it started down around the year 2000 and then went up after that. Gee what happened around the year 2000?
Knowing about momentum in trends (being we're traders), can we be surprised that the sharp upward momentum will suddenly turn down?
Yes look at the chart and see what Obama inherited. It's great proof of why blaming him for it is foolish.
That chart is a result of the conditions established under Bush.