Whenever Obama uses the word "investment", it's time to look at
Looks like you and I are in agreement MM on what is not sustainable.We just disagree that the Dems caused it all the overspending.Oh,
and your "the government didnt build that" line? Yes the govt did build
the roads, bridges and dams with collective funding for the greater good. (which
is what you are actually referring to.)
@ Joe Blow. and Blue Devil. Ok, let me try again even though I know I am wasting
my time. Let's say you work for the government for which you earn a salary
and benefits and that you pay 25% back to the government in taxes. Who pays the
other 75% of your salary and benefits? Other tax payers, the vast majority who
must come from the private sector! Otherwise it is totally unsustainable. If the
private sector is not doing well, who will pay for the government? That's
why the government didn't build that, private sector businesses did! At
least think about it, ok?
@worf and Mountainman..... so who is to be "blamed" for 4 years of the
equity markets doubling their value? This whole idea of shielding the past
causes of current economic problems because it doesn't fit the narrative
you all have made up gets a little old. Simple state facts about the state of
the economy at the time Obama took over isn't blaming, it is just stating a
fact. The collapse was many years in the making. It wasn't
all Bush's fault, and much to his credit, he was mature enough to do the
right thing to preserve the economy from total collapse despite the fact that he
knew it would make many in his own party very upset.The problem is
the government had been driving the economy like a reckless teen in their dads
car. The crash was inevitable. But when the bill came to pay for the damage
caused during the economic joy ride, all of a sudden fiscal conservatism becomes
imperative.@say no - you comments are spot on. Manufacturing is
also critical for our own national defense.@ChrisB - I have no idea
how what you said relates at all.
"@ JoeBlow So its STILL all GWB's fault? "Nice dodge.
I didn't blame Bush for anything. I merely pointed out your hypocrisy.You cite deficit spending by Obama, as if he invented the practice.My common theme to you going forward will be to point out your
inconsistent (read partisan) treatment of any and every issue.Please
do not construe my posts as defending the dems (unless against outright lies).
But to show you and the others that the GOP does exactly the same things that
causes you outrage.And you will defend the GOP actions.Too funny
Things won't improve in four years, but gey worse.Will it still
be GWB's fault?
@ JoeBlow So its STILL all GWB's fault? When will Obama be accountable for
his exploding debt contributions?
"Try running your fiscal house the way he is trying to run our
government"Again, a common theme.How about this.
Try running your house the way Bush ran the government. Try keeping some of
your spending "off the books"Again with your theme. Dems =
fiscal irresponsible. GOP = good. Med Part d = largest entitlement
program in 30 years. All unfunded.2 Wars while cutting taxes? Is
that responsible?Both parties have spent us into oblivion. And you
can only see half of it.
Part of our economic insolvency is due to the fact we buy our goods as imports,
in particular oil and manufactured goods, to the point of a large trade deficit.
We need to address both those items. Obama shuns the idea of us
producing all our own energy, preferring to throw money at the solar energy
racket, which, again, manufactures their goods in China. Manufacturing also needs to come back home. While those jobs may not be high
paying, it is better to work and produce than to be a taker. Masses of idle
people are a total drag and drain on the economy, and not everyone is suited to
be an engineer. China is proof that manufacturing can lift a country since they
have elevated their economy with manufacturing. We lifted our country by
increasing our productivity through manufacturing a hundred years ago. Why do we
shun it now? Productivity is always better than idleness.
@ Joe Blow. I can not understand why you can't see through Obama's
economic falsities. Try running your fiscal house the way he is trying to run
our government. Go on wild spending sprees, max out your credit until your
rating is downgraded, borrow money like there are no consequences and when you
are arrested for grand larceny, tell the judge, "I don't have a
spending problem, I only have a deficit problem". I will come and visit you
in prison, I promise!
Chris, you keep posting that as if Obama is the first President to make promises
that dont come true (an possibly never had a chance of being true)Are you that partisan and naive that you do not see that it happens most of
the time?Remember Americans were told thatIraq had WMD
and that if we did not go to war, there would be a mushroom cloud?And that
Iraqi oil would pay for the war?And that we would be welcomed as
liberators?Yup, it happens all the time, and wasn't invented by
@obsessed with BOI agree with your opinion.Thank you for
taking the time to make your comment.
In order to have a vibrant economy we need manufacturing. It is far more than
just the assembly line. And it's good for ancillary businesses like raw
materials and shipping.The so-called service economy has failed us. And
without strong science and engineering graduates the knowledge workers will also
dwindle in the United States.To be sure it is a changing world, but we
must learn to manufacture consumer goods once again.
Barack is not shown as a leader, but a campaigner. He campaigns against
himself, and make it look as if someone else is at fault.The
Republicans, Congress, George Bush, etc.
Chris B,Congress spends the money not the President. The Congress
spent money in 2009 and 2010 trying to stave off a potential depression caused
by two unfunded wars, major tax cuts and the deregulation of the banking
industry (remember all good republicans deregulation is good) of the banking
industry which allowed for no oversight over home loans and other financial
products. The next two years were spent with a republican house that sent
budgets that were dead on arrival at the Senate, and the senate ignoring them.
Speaker Boehner has far more control of the budget than the
President does. Why don't the House republicans try something new.
Propose a budget that has some chance of passing in the Senate, then walk over
to the Senate Chambers and see if you can't sell it.
There is nothing wrong with working in a manufacturing job. How many millions of
Americans are still un-employed And would rather have a job than be on the dole?
We all can't make millions doing multi-level sales to each
other. I loved the GOP response blaming the housing crash on the
Dems. It was the loosening of credit worthiness requirements under the GOP and
their chants of Less Government (regulation) ! Less Government (regulation) !!
that led to so many financially unqualified people getting homes and then losing
them to foreclosure. I felt like I was watching a SNL skit. All that
was missing was Senator Rubio drawing horns and a pitchfork on BO. The GOP
appears desperate that they had to trot out the anti-Mitt to court Latino
voters. News Flash. Romney's Dad was born in Mexico !!!
4 years ago barack said"I will cut the deficit in half during my
first term"It wasn't cut in halfIt wasn't
cut by 25% It wasn't cut by 1%It increasedBarack also said if allowed hisFIRSTof many
spendathons of 787 billion that unemployment wouldnt reach 8%It
reached 8%It reached 9%It reached 10%It
reached 11%Several trillion dollars later, barack still couldnt do
as he promisedYou will have to forgive me for using this guys actual
history as indication of how the next 4 years will be.As opposed to
his nonsense talk that 50% of the country buys into.I look at
results.And barack,You failed.
Manufacturing jobs don't provide very many transferable skill sets /
knowledge bases, which is why people have a hard time finding a new job after
working in manufacturing.