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Re: Holy Hell...470,000 job loss in June, national 9.5%
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Re: Holy Hell...470,000 job loss in June, national 9.5%
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The two million people who had jobs before Obama took office, were going to lose them anyway. (That was etched in economic stone). I never blamed Bush for the dot.com crash. It was a flash in the pan, just like the the Gold Rush of '49. It is unreasonable to think that Obama coming into office in Jan of this year had anything to do with this economy. The Titanic was going down. Obama is charged with building a new ship --- it'll be years before that ship floats. Whether it makes it or not depends wholly on what we do right now. My criticism of the right stands up very well: they have no critical analysis, no thoughtful engaging ideas that make better sense - they offer nothing, and I'll lay odds that a good percentage of them don't even vote. When they start offering thoughtful alternatives, I'll start listening. |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
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"If you think about it, UPS and FedEx are doing just fine," he said. "It's the post office that's always having problems." Barack Obama on government run healthcare. 08/11/2009 American by birth. Conservative by the grace of God. Still sore about the war of northern aggression. |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
doctor who summed it up pretty well. You cannot ask obama critics to critisize specifics when none exists. Obama seems to me like a man who is in way over his head running around stating he can fix all of these problems but has shown or proposed absolutely no solution to these problems. Obama seems to think that the american public should just sit back, collect welfare, and blindly trust him to turn this country around. And sadly way too many americans are doing just that. And I do not buy into the idea that all of the jobs were going to be lost no matter what Obama did. Obama needs to accept responsibilty for what happens while he is in office. There were projections of unemployment rising some this year from last year but not at this rate. Obama, his beliefs and his policies are forcing some business owners to make choices now before these ideas are implemented. Obama has shown to be very anti big business and he wants to take money from them to compensate for his spending. The problem with that is that these business are going to relocate to ensure thier profit margins. When businesses relocate jobs are lost.
Last edited by badger; 07-15-2009 at 11:06 AM. Reason: mistype |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
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Now, The White House - Press Office - Remarks by the President to small business owners community lenders and members of Congress Lists seven points about the economy that Obama has answered. Here’s one: Quote:
Those Credit lines haven’t loosened up enough yet do to consumer confidence. In this article: US banks repay $68bn TARP bail-out cash - Telegraph The results of the TARP program are beginning to pay off, and Obama has not interfered with it - at all. In fact his recovery plan is designed on the same New Deal model that was invented and used by FDR (In 1933 FDR referred to it as The National Recovery Act: NRA and it took some time for the projects to be designed, assigned, hired out and completed). Moreover, it was just announced that Goldman Sachs reports $2 billion in profits. Please do not forget that GW Bush went kicking and screaming against this, but in the end signed because his own Treasury Secretary said it was an absolute necessity to avoid further trauma. (This was a Democratic idea, advocated by Obama to the effect that he asked for a second financial infusion into the banking industry). Bush to Ask for TARP; Obama to 'Rebrand' It - ABC News In other words, this was right up Obama’s alley from the start. The president’s recovery plan goes into great detail here: Agency Recovery Plan | Recovery.gov After studying it, ask yourself how long this might take to get going? Some smaller projects are already at work and others will be on the way. As I have said before, the criticisms of Obama’s progress are just premature and ill conceived. I’ll say again, when we watch the pundits, from the time Obama took office these (knowledgeable) folks have not been able to direct any concrete criticisms. This thing is so big they really don’t know how to handle it and all of their thinking is based on conjecture. At the very least, the president is acting to first: initiate damage control, and then find effective means of defense against further damage: that’s his job. The only real criticism has been that it’s not enough. Like Evil Knevil once said: “a motorcycle is only going to fly so far”. To that I would add that the path of natural disasters can never be accurately depicted. Your comment about welfare is fallacious and I’m not going to entertain that flawed thinking. Quote:
Americans are doing everything we can do: fighting quicksand means you sink faster. Remaining calm ensures higher chances of survival. |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
Okay. So he has a plan to spend money. So where is the analysis from Obama fans of trillion dollar plus deficits per year for the foreseeable future? I've seen them and they don't look pretty. Only raising taxes will reduce them. We know they won't reduce spending. So we are faced with raising taxes, which will stiffel any potential recovery (see Japan) or keeping the deficits which even Obama admitted are unsustainable. Business isn't stupid. (Okay, for the most part they are not
) They plan for the future. They see things getting worse and Obama's plan doing nothing to stem that tide and possibly the cause of things getting worse. They must make the choices today that will allow them to survive when the shit really hits the fan. That means cutting jobs and expenses today (economic drivers) so they have enough to make it through. So what are we going to wait and see? What level of damage (bad to really bad) these policies will have on our economy?
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"If you think about it, UPS and FedEx are doing just fine," he said. "It's the post office that's always having problems." Barack Obama on government run healthcare. 08/11/2009 American by birth. Conservative by the grace of God. Still sore about the war of northern aggression. |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
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Re: Holy Hell...470,000 job loss in June, national 9.5%
That might be true but it's not healthcare specifically that is the problem with Obama's plan. But I also haven't seen anything concrete that says how much the plan will save if anything at all. They talk about the cost, they say, nebulously, how much it will save but I haven't seen anything that says, here's what everyone (all healthcare plans, medicare, medicaid, uninsured, etc) spend today and here's what everyone will spend with our plan.
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"If you think about it, UPS and FedEx are doing just fine," he said. "It's the post office that's always having problems." Barack Obama on government run healthcare. 08/11/2009 American by birth. Conservative by the grace of God. Still sore about the war of northern aggression. |
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Re: Holy Hell...470,000 job loss in June, national 9.5%
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Re: Holy Hell...470,000 job loss in June, national 9.5%
Except, of course, that his administration promised an IMMEDIATE rebound with jobless claims [among other things], and that unemployment rates would not top 8.5 or 8.8% with passing of the stimulus package.
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Re: Holy Hell...470,000 job loss in June, national 9.5%
they promised immediate action, not results, and made no absolute guarantees regarding the unemployment rate.
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Re: Holy Hell...470,000 job loss in June, national 9.5%
Personally? I don't think that businesses should be liable for healthcare insurance any more than they're liable for automobile insurance to insure that we are covered through our commute. I'd just as soon see people put that money in their pockets. I don't know exactly how this situation arose. If was through union negotiations and strikes, well, that's the power of collective bargaining for you. The health care market however has shown no desire to be fair, and now the chickens have come home to roost. But if this insurance thing can be brought down to a reasonable cost, I'd just asoon see unions bargain for another sort of benefit. In other words, health insurance n this country should be given that is easily afforded by anybody.
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