Linus the "sky is falling" that's all you guys have left in the
republican party.Your opinion you could easily be reversed and
blamed on the actual cause "trickle down economics." The lie that
should have been called Torrent-Up Economics.
If young people reelect Obama, they will have the privilege of watching America
go bankrupt. They will witness the slow death of the greatest nation in the
history of the world. They will watch the liberties afforded by the noblest
experiment in self government eroded until free speech, freedom of religion, and
free enterprise are no more than a legend, doubted by most. I truly feel sorry
for the youth of today. They are being sold a big lie; that the rich can afford
to provide them a free ride through life. Sorry!
Thompson, it's interesting what you see as "rhetoric".
I'm tired of being lied to by all the rich Democrats. Yes, you heard me
correctly "rich Democrats". They are all singing the same tune :
it's o.k. to be a rich democrat, but it's evil to be a rich
J ThompsonThere have been nine studies of the economic stimulus, by
reputable, independent economists. Six found that it had a statistically
significant positive impact on employment, and three found that the impact was
negligible. The three negative studies, however, agree that the stimulus
created jobs, but use a variety of models to suggest that it destroyed more
private sector jobs than it created. The methodology of those three studies is
seriously flawed, and their authors are all from right wing think tanks. If, however, the stimulus did not work, that doesn't mean Obama or any of
his advisors lied. I am completely convinced, and hereby predict that the San
Francisco Giants are going to win the World Series this year. If they
don't, that not a lie. That's a prediction that didn't work out.
The data are complex and confusing; a projection that went wrong is not a lie.
As for your math experiment, may I gently suggest that people who know how
to run a business do not necessarily know anything about macroeconomics. I have
two brothers with MBAs; I'm a theatre guy. I'm better than they are
at economics. They say.
@Mark,Stop with the rhetoric.I have hired people to
perform jobs. I designed the systems. I wrote the protocols. I trained the
people. I paid them the VALUE of the work that they performed.To
try to get around the nonsense that excuses Obama for telling us that he created
jobs with the stimulus, you have to know something about business. Your posts
contradict what you wrote. A businessman factors in all costs as part of his
startup costs. He doesn't try to tell us that it costs $4.1 million to
hire someone; instead he tells us that HIS cost to start a new business, before
he employs anyone, might be $5 million. HE pays for that cost or he convinces
his friends to chip in and buy stock in his new company.Obama told
us that the stimulus would create "shovel ready" jobs. He lied.
Everyone working with him lied. Everyone who repeats his nonsense lies. No
businessman would ever pay $4 million for a "shovel ready" job. Every
businessman I know would pay MINIMUM wage for a "shovel ready" job. Do the math. $800 BILLION divided by $20,000 = 40 MILLION jobs.Obama failed miserably.
Third, the package approved by Congress is aimed at more than direct job
creation, although employment was certainly central to its promotion and
purpose.Its features include money for research, training, plant
equipment, extended unemployment benefits, credit assistance for businesses and
more -- spending meant to pay off over time but impossible to judge in a
short-term job formula.Nor do the estimates made Friday include indirect
employment already created by the package -- difficult if not impossible to
measure. [AP, 11/2/09, via Nexis]-ibidFirst, there's the bogus
talking point that the Obama plan will cost $275,000 per job created. Why is it
bogus? Because it involves taking the cost of a plan that will extend over
several years, creating millions of jobs each year, and dividing it by the jobs
created in just one of those years.-Krugman- ibid
First, the naysayers' calculations ignore the value of the work
produced.Any cost-per-job figure pays not just for the worker, but for
material, supplies and that worker's output -- a portion of a road paved,
patients treated in a health clinic, goods shipped from a factory floor,
railroad tracks laid.Second, critics are counting the total cost of
contracts that will fuel work for months or years and dividing that by the
number of jobs produced only to date.A construction project, for one, may
only require a few engineers to get going, with the work force to swell as
ground is broken and building accelerates.Hundreds of such projects have
been on the books, in which the full value of the contracts is already counted
in the spending totals, but few or no jobs have been reported yet because the
work is only getting started.To flip the equation politically, it's
as if the 10-year cost of George W. Bush's big tax cuts were compared with
the benefits to the economy that only accrued during the first year.-ibid
"Why not take the time to Google "cbo stimulus cost per job"
"Okay, Thompson."Right-wing media are using a
new report from the Congressional Budget Office to claim that the stimulus
"may have cost as much as $4.1 million per job." However, simply
dividing the amount of money spent by the number of jobs created is, according
to an Associated Press fact check, "highly misleading," and economist
Paul Krugman has called this math "bogus." Conservative media regularly
use similar calculations to attack jobs initiatives."-New Stimulus Report,
Same Bogus Cost-Per-Job Analysis From Right-Wing Media, Mediamatters, May 31,
2012, Chelsea Rudman"Beware the math. Some Republican lawmakers
critical of President Barack Obama's stimulus package are using
grade-school arithmetic to size up costs and consequences of all that spending.
The math is satisfyingly simple but highly misleading.It goes like this:
Divide the stimulus money spent so far by the estimated number of jobs saved or
created. That produces a rather frightening figure on how much money taxpayers
are spending for each job.[...]The reality is more complex."-
Obama *is* the worst choice for America's youth. The employer mandate
under Obamacare, along with other new regulations, has killed the job market.
Unemployment for the millennial generation is about double what it is for
everyone else. The student loan bubble is about to break.Which
means that the demographic that got Obama elected is being harmed the worst by
his policies. They face a future of food stamps, and living in their
parents' basement. They won't be so enthusiastic about Obama this
Ok, I'm in the generation that we are discussing in this letter. There are
a couple of reasons most the people I know won't support Mitt. The social
issue card the Republicans used to attract the AARP vote is now backfiring on
them. 20 somethings are pretty solidly in the pro gay marriage camp (or they
just don't care if gay people get married) and they also believe that you
should have the choice to get an abortion. They also don't believe religion
should be brought into politics. So pretty much the average 20 something is
diametrically opposed to the social platform of the republican party.
@ugottabkidn,Why not take the time to Google "cbo stimulus cost
per job" before telling us that the stimulus spending was worthwhile?What company would spend $4.1 million per employee? For that matter,
what company would pay even $250,000 per employee?That's what
Obama did. It's history. You can't change it by making some absurd
comment that the stimulus spending helped. Maybe it's also
time for the liberals to admit that DEMOCRATS are wealthier than Republicans:"Democrats constantly accuse the Republican Party as being the party
of “wealth and privilege,” while selling themselves as the party of
the “common man.” Yet the facts paint an entirely
different picture. According to labor statistics, in
“blue” states with a majority of Democrats, the average income is
$100,000. While in “red” states with a majority of Republicans, the
average income is $30,000."The Democrats need to open their
wallets and "give back" something worth more than their hollow
rhethoric. They constantly lie about "rich Republicans" while hiding
that fact that the Democrats hold the wealth in America.
It has been stated time and time again, "What is this guy saying?" Okay, many people don't know history. Many people refuse to read
news articles on subjects they don't like for whatever reason? Some people
only listen to certain radio and television commentators until they are filled
to capacity with the pablum they have been fed. Many people are influenced more
by those of like-mind than go to the trouble of critically analyzing what they
are told. Many people are simple ideologs who cannot tolerate any dissenting
opinion to that they say they believe.On a recent Sunday news
program, Bay Buchanan kept saying the "Obama is ruining America" like it
was her personal duty to repeat ad naseum as if it were an incantation to the
political spirits to make others believe her. The other conservative speakers
on the panal could only lower their heads in apparent embarassment. Like her
brother, Patrick, this woman has a message of doom and was hard-pressed, like
Chicken Little, to get anyone to listen to her.Some old man telling
young people that "Obama is bad for your future" only serves to turn
"The youth wanted Ron Paul."Maybe, but I doubt it. But if they truly do "want Ron Paul," then it's exactly the
same way my eight year old granddaughter wants a pony.
I personally see no difference between Romney and Obama. America will be screwed
either way. The youth wanted Ron Paul. They definatley have more
wisdom than the previous generation. If we care about the youth, why don't
we listen to them?
Reagan's policies caused most of the current debt. Reagan's debt was
never paid then both Bushes just continued his horrible policies. During
Bush II the economy collapsed and Obama has just been trying to rebuild it.This is Obama's fault, how?
Come on Richards, get in the game, or should I say get back in the game. For
someone that touts the Constitution you sure miss alot. The stimulus DID WORK
though it was too small because you have a group of congressional capos that
have vowed to destroy the POTUS at any cost like your friend Lee. Time to turn
Beck off in get out of Disneyland.
More ranting.No solutions.That's the GOP way!
People act like Obama did nothing to compound the problems in America. He
stared by spending a trillion dollars on a stimulus package that DID NOT WORK.
The CBO told us that each job "created" cost over $250,000. He seized
G.M. and Chrysler, paid $49 BILLION out of the public treasury for G.M. and then
gave the company to the unions. Recently, a financial magazine told us that
G.M. will be bankrupt within four years. Obama paid people to NOT work, then he
stopped counting them as unemployed after their two years of handouts
stopped!None of those things were Bush's fault. Obama did all
of that by himself. That first $1 trillion was just a start. He
added another $4 TRILLION to the deficit. He blames Bush. Why doesn't he
blame FDR and LBJ who started the programs that are bankrupting us. Yet, he
wants to add to their mess with Obamacare. He wants 18% of our money to be
thrown into the public treasury with a "promise" that he will give us
aspirin and birth control pills in return.Obama is the master of his
mess he deserves ALL the "credit".
Do we blame the Fire Depatmnet for the high cost putting out the Fire [Obama],
orDo we blame the arsonist who lit it on fire, and
played a fiddle while showing his Corporate Friends with gold and sent the Fire
Department to the otherside of the world? [Bush]Sorry - but when
looking at reality, I don't buy into the Republican lies.BTW --
Those young people, working 2 part-time minimum pay jobs, with no insurance,
going to college --- ya, those are the lazy victim leeaches of the low-life 47%
Mitt Romney slammed who be the Doctors, Lawyers and Engineers of tomorrow.
What is wrong with people like this writer?Are they completely
incapable of seeking TRUTH when it is so easily available?It's
not available over AM radio air waves.
Yep, this is the winner. The silliest letter this political season. The most
fact-free, the most ignorance of the economy and of recent history. We have a
A new low for DNews letters?
Sorry, sir, but the debt was not caused by the President. Perhaps more culpable
are the people of Utah who constantly have their hands out to the federal
government, and I'm betting you are one of them. Or the Congress that is
more interested in the politics of destruction and has sought to obstruct every
effort of the President. Or the last Administration which took us into two wars
without a way to pay for it. Or the biggest recession in 70 years which is
affecting not only the U. S., but also the world. Perhaps we could consider
whether the opponent is any better, but he is secretive about his past and his
policies. Is he a better example to our youth when he cannot define and stick to
a set of principles beyond his personal desire to be president?
From the tone of the comment one can intuit that the letter writer is not of the
generation he advises that the President is "the worst choice for
America's youth". If the youth are old enough to vote, they are
certainly able to make a judgement on who is they are going to vote for without
help from their elders. Surely anyone can see that there is room for a
difference of opinion on the issue and the matter is not (pardon the pun) black
One man sells another man a used car. Despite being used the car looks good and
the brand name is respected throughout the industry. But the first man
doesn't tell the man whose buying the car that the brakes are faulty and
the steering mechanism is having problems. The two men shake on the deal and
the second man drives away. He hardly gets down the street when the brakes fail
and when he tries to steer out of the way of trouble, the steering fails also.
The first man sees the accident and surveys the damage and says "That guy
wasn't much of a driver, was he?"Such is the reasoning
behind this letter writer's conclusion. President Obama inherited an
economy that was killing 700,000 jobs a month leaving us with 10% unemployment.
That fact and the fact that we had given back $3 trillion in tax revenue through
a tax break mainly benefiting the rich, implemented an unfunded prescription
drug benefit and fought two wars meant that we had more expenses than ever
before and less revenue than recent decades. And the writer blames all of this
on the current president. Typical Republican thinking