RE: 8.3% (Full Version)

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tazzygirl -> RE: 8.3% (8/4/2012 8:04:02 AM)

California economy world ranking
According to U.S. Department of Commerce estimates, California’s GDP (gross domestic product) was $1.89 trillion. And that puts California as the world’s eighth largest economy in 2009.

Since the 1970s, California has ranked 7th biggest world economy, although for a couple of years in 1984 and 1985, California was the 5th largest economy in the world.

http://econpost.com/californiaeconomy/california-economy-ranking-among-world-economies

California's economy is the eighth largest economy in the world (2011),[9] if the states of the U.S. were compared with other countries.[10][11]

http://en.wikipedia.org/wiki/Economy_of_California




TheHeretic -> RE: 8.3% (8/4/2012 8:21:05 AM)

quote:

ORIGINAL: mnottertail

And dont forget the u6 rate is about where W left it.


So?  The mess President Obama was hired to deal with is still a fucking mess, and the clean-up job ain't going real well.

Yes.  President Obama inherited it.  And he's spent close to four years stumped by the problem.  Time for somebody who can get things organized to take over.




TheHeretic -> RE: 8.3% (8/4/2012 8:27:32 AM)

Like I said, Tazzy, Wiki needs to be updated

California slips to No. 9 in worldwide economic rankings

California, long considered to have the world's eighth-largest economy, has slipped to ninth place, according to the Palo Alto-based Center for the Continuing Study of the California Economy.




Musicmystery -> RE: 8.3% (8/4/2012 8:32:58 AM)


quote:

ORIGINAL: TheHeretic

Well, Lucy, the revelation seems new enough to some. At least when it suits them to be ignorant.

Posting a month's numbers and calling them a "trend" doesn't really qualify anyone to point out ignorance suiting others in "analysis" of numbers.




TheHeretic -> RE: 8.3% (8/4/2012 8:50:44 AM)

What are we up to now, Muse?  40 months?  41?  Does that long with official (U3) unemployment rate over 8% qualify as a "trend?"




Sanity -> RE: 8.3% (8/4/2012 9:04:54 AM)


In that particular post, 8.254% was quoted as what the official Obamna spokesman said, essentially its the "official" rate that the government publishes after putting various data through assorted hoops and jumps and grinders and reducers. Most people are aware of this I think, and I never gave thought to addressing those of you who didnt have any idea that was the case, which I usually dont. I normally try to post with more informed readers in mind, because its too much of a pain in the ass to try to explain everything in the universe thats related in every post...

Bottom line is, contrary to your angry assertions I am not the source of the confusion. But since you indicated that you were unaware of these things I tried to give you a clue in my post 35 (which was the same information I gave out in post 34, in reply to mm).

Did you miss these replies? Or are you deliberately ignoring them.

quote:

ORIGINAL: Hillwilliam

quote:

ORIGINAL: Sanity


The Obama gang now trivializes 23 million people out of work:

Obama adviser: Jobless rate is really 8.254%

"Its the economy, stupid." - James Carville

If 23 Million people are out of work and unemployment is 8.254%, that means that there are 278.6 Million people in the US of working age. (23,000,000/.08254)
As there are about 310 Million people in the US counting children, retired people and the infirm, I'm calling bullshit on your 23 Million out of work figure because there are a lot more than 32 million (310M - 278M) in the US that are either under 18 years old, infirm or retired.
Who was your math teacher anyway?













mnottertail -> RE: 8.3% (8/4/2012 9:07:20 AM)

quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: mnottertail

And dont forget the u6 rate is about where W left it.


So?  The mess President Obama was hired to deal with is still a fucking mess, and the clean-up job ain't going real well.

Yes.  President Obama inherited it.  And he's spent close to four years stumped by the problem.  Time for somebody who can get things organized to take over.


That is going to require jailing the house.   Therein lies your problem, your sole problem in dealing with this.

Rat-poison bills and borrow and spend aint the solution.

Lying history re-writes aside, it was what the teabaggers in the house were hired to do.   




tazzygirl -> RE: 8.3% (8/4/2012 9:10:41 AM)


quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: mnottertail

And dont forget the u6 rate is about where W left it.


So?  The mess President Obama was hired to deal with is still a fucking mess, and the clean-up job ain't going real well.

Yes.  President Obama inherited it.  And he's spent close to four years stumped by the problem.  Time for somebody who can get things organized to take over.


From 17% back to 15%... I think he did a good quick mop job... the clean up wont be for years... as economists have repeatedly stated.




Lucylastic -> RE: 8.3% (8/4/2012 9:20:59 AM)


quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: TheHeretic

Well, Lucy, the revelation seems new enough to some. At least when it suits them to be ignorant.

Posting a month's numbers and calling them a "trend" doesn't really qualify anyone to point out ignorance suiting others in "analysis" of numbers.

Seems there are lots of different ways of looking at numbers..
8 million lost before the "end" of the "recesssion" and the jobs "created" since...
Of course, the President NEVER said, it was going to take more than a couple of years... especially AFTER he found out just how BAD things were. AND that more has to be done
And much has been ignored about the fact that states are getting rid of public sector jobs at record numbers, those bitching about the size of government are the same whinging that the employment numbers are up.
But dont seem to care to see the why.
The belief that the repubs can do better, is hysterical




VideoAdminTheta -> RE: 8.3% (8/4/2012 9:21:24 AM)

Good Day to All!

While I clean this thread up a little bit, please keep in mind that personal attacks or going off topic will require me to remove your post or lock the thread.

Thank you




TheHeretic -> RE: 8.3% (8/4/2012 9:48:07 AM)

quote:

ORIGINAL: mnottertail

That is going to require jailing the house.  


And maybe the voters who made it happen, too, Ron?

Ok.  So to President Obama's problem of having no idea what he was getting himself into, when he decided he wanted to be President of the United States that Tazzy has pointed out, you want to add his inability to play well with others. 

Enlighten me, Ron.  You think this is a good thing because....?




mnottertail -> RE: 8.3% (8/4/2012 9:53:17 AM)

Every president thought he was going to get more cooperation in fixing things than he has. And found out that things were really as bad as they said they were.

Jailing the voters?  Is that what you are advocating?  And its a good thing you think?

do we want to go to the airport bathrooms discussions chalktalk again, or are you going to quit inventing impugnations for me and my positions?

Your choice, this is how it happens.




TheHeretic -> RE: 8.3% (8/4/2012 10:10:58 AM)

quote:

ORIGINAL: Lucylastic

Seems there are lots of different ways of looking at numbers..



As the old joke tells us, Lucy, there are three kinds of lies.  Lies, damn lies, and statistics.  I'm perfectly happy to define the unemployment rate as "too high," the actual number of people who ought to be working but aren't, as "too many," and economic growth as "too slow."





Owner59 -> RE: 8.3% (8/4/2012 12:12:46 PM)

[:D]


Mitt Romney..."Let Detroit Go Bankrupt"



http://www.nytimes.com/2008/11/19/opinion/19romney.html?_r=1




Musicmystery -> RE: 8.3% (8/4/2012 12:32:38 PM)

quote:

inability to play well with others


There's the problem with the entire Republican House, and select Republican Senators.

Send them home.




TheHeretic -> RE: 8.3% (8/4/2012 12:48:30 PM)

quote:

ORIGINAL: Musicmystery

Send them home.


Ok.  Right along with the President.  (On second thought, I like my Rep in the House.  I think I'll vote to keep him.)




joether -> RE: 8.3% (8/4/2012 1:33:27 PM)

quote:

ORIGINAL: Sanity
What "end" to the "great recession"


Sad thing for you, is the inability to accept the reality of numbers, figures, and facts. This leads you to rant and rave on material that is in black and white, known and recorded in this history books. And that, some how, through your ranting and ravings, the total lies, we'll believe it. Unfortunately, Sanity, you are not FOX News, and we are not FOX New's audience. We tend to think and check on information.

Case in point.

The American Recovery and Reinvestment Act was set up to stop the whole economy from slipping down into a depression. If Democrats (including the President) had listen to the 'rantings and ravings' of the GOP, this country would now STILL be in a depression rivalling the one that started after the 1929 stock market crash. Curious there are no conservatives bring this fact up, isnt it? Its all in the recent US History books if you dont believe me. Instead, the President and the Democratic Congress opted for the ARRA. Paid over two years to create an artifical demand to the massive supply we had at the time. Without this 'fake' demand, companies would have sold less and less inventory, ran up debt and collapse, sending.....MORE....folks into unemployment. Funny we dont hear alot of conservatives talking about this knowledge, either?

Yes, it was a 'spending' bill, but unlike the Iraq War, we were spending the money on AMERICA. And it costed 1/4th what we paid for the Iraq War. Did we find many of those '...massive stockpiles...' of 'weapons of mass destruction' we were told by the Republican administration, conservatives voted to place into power? No? Contiuning....

As the economists studied the many economic indicators (major and minor), they did notice that the economy was recovering, abit, very slowly. Unfortunately in our country, we have to many 'immediate gratification' types that were bitching the growth wasnt fast enough. It was actually possible to get the economy going again on the 'faster' element if we just spent.....more....money in those two years. We didnt, because of all the 'ranting and ravings' of conservatives. Yet again, all there in the history books, Sanity. Economists believed if we just spent another $500-700 billion in the 3rd year, we would be mostly out of the recession. And who, Sanity, do you think was ranting and raving about all the costs (even though they were perfectly fine with Republicans spending high on the hog)?

In fact, at the end of the ARRA, some of those industries had made positive recoveries, while most industries had stablized and now on a slow treck back to profitibility status.

quote:

ORIGINAL: Sanity
Are your unnamed sources claiming that everything is fine now that we have a D beside our presidents name


Seeing as we got into many of these problems by a Republican administration and Congress that felt a Laissez-Faire Capitalism was the best route for America. Should any intelligent and educated mind be surprised with the string of events that took place? The Iraq War was basically commissioned without much in the way of oversight. We spent $4 Trillion of borrowed money on that war alone! Congress got rid of the regulations created to prevent oil systems from being pressured upto and beyond their safety limits (i.e. the massive oil spill in the Gulf 3 years ago). Not to mention relaxing financial and investing systems, regulations, and laws meant to keep the financial sector from preying on those that couldnt pay for homes long term. Or on investors whom were told by the financial houses that things were 'fine' when later found, those investments should have been rated 'risky' at best. And that, Sanity, as they say, was just the tip of the iceberg.

Since President Obama has come to office, he and many Democrats (and a few sane Republicans) have been trying to correct all these problems, while running the nation, AND, have a political body that tries to undermine anything and everything as often as it can (aka the Party of No....the GOP). While this is going on, the misinformation machines that spew out total lies to conservatives audiences to dumb, ignorant and foolish to check the inforamtion, contuines day in and day out. Even on this very board, we've ask the conservatives "What would you?" and we get back complete nonsense or childish relies.

At the present moment, Republicans do not hold very much in the way of credibility on what to do with many aspects of America. They have stated in the past they will do "...anything and everything...." to make President Obama a one term President. That implies undermining the whole economy and goverment....too. Heck, their August schedule is over as of yesterday, Sanity. All the problems to be solved and issues dealt with will not take place until sometime in mid-September! Why should Republicans have to do their jobs?

quote:

ORIGINAL: Sanity
Read the thread header again for a reality check


Is that the percentage chance conservatives have to be right on any one issue? [:D]

quote:

ORIGINAL: Sanity
Re your "brilliant" idea I was being sarcastic, in reality there is no plump rich government teat


Then you are truly oblivious to how Republicans used goverment (and your tax dollars) to fuel their corporate masters during the Bush Administration.

quote:

ORIGINAL: Sanity
That government teat is attached to a dried up old dead corpse

We are beyond broke, we are in fact trillions and trillions in debt

Your solution is to beat a dead horse even harder


Guess we'll just have to tax the rich, right? We cant get much more out of the poor or middle class. And the rich keep getting all those nice fat tax cuts, maybe its time to jack up their income taxes to 56% rather than the 35% its at now. And make sure mathematically they could never lower that rate below 55.9%. They have benefitted highly for a decade while the poor and middle class have lost considerable ground, and now shoulder much of the goverment's budget.

YOUR Solution, Sanity, is to keep beating a dead horse, while giving corporations and the rich (i.e. the nobility) more power to lord over us all.

quote:

ORIGINAL: Sanity
Governments are cutting back because the alternative is bankruptcy. In some cases they've GONE bankrupt. Shaking down taxpayers only compounds the problems


Gosh you can see the present circumstances, but but cant admit how things got that way. Unless of course, its something you thing Democrats did. Cus you could....NEVER....hold the party you elect to Congress and the White House to even a billionth the same level of accountibility and responsibility as you slam Democrats and the White House on an hourly basis. And THAT, Sanity, is the God's Honest Truth!

Go ahead, reply. You'll prove me correct. All your previous thread posts have shown that you can not accept, let alone acknowledge that the party you vote in favor of, has done a huge amount of bad things to this nation's interests over the years. The effects of which, will affect this nation for years to come.

quote:

ORIGINAL: Sanity
Because entrenched government bureaucracies are so hopelessly inefficient only the private sector actually adds to the economy and leaching more And more from taxpayers is counterproductive


You possess no real knowledge of macro economics, with a statement like that. '...only the private sector adds to the economy....'? Tell me, Sanity, if this is true, what would happen if next year, the US Goverment simply collected all those taxes and did....nothing....with the money for 1 year (spending it all to buy down the US Debt)? Go ahead, try to tell all of us the blatant lie that is "....only the private sector adds to the economy....'. There are quite alot of private companies that do a large amount of business with the US Goverment. And those companies pay other companies, with the money they got from the US Govemrent for a white assortment of services and goods. You REALLY have no idea what your talking about. The economy would be....DEAD...in six months flat.

quote:

ORIGINAL: Sanity
The president says what he is doing is working but he refuses to take questions, and reasonable people have questions regarding that assertion


I believe your referring to former President George W. Bush that refused to take questions. President Obama (like former President Clinton) will take questions from people. The problem I see, is that most conservatives are just not intelligent, educated, nor wise enough to handle the answer the President gives. He speaks like an educated man, which simply eliminates most conservatives whose brains react at best as 6th graders (skill, emotion, and mentally). I would give Mr. Obama plenty more credibility to answer my questions reasonably, fairly, and truthfully. How is Romney doing on showing his tax returns for the last 10 years (Obama has shown his since BEFORE he become a senator)?

The image that is 'President Obama' in your mind is an absolutely fantasy. The reality of the man is a whole lot different. But you seem incapable of accepting reality. Fortunately, the Affordable Care Act helps folks see therapists....




joether -> RE: 8.3% (8/4/2012 1:35:46 PM)

quote:

ORIGINAL: TheHeretic
quote:

ORIGINAL: Musicmystery
Send them home.

Ok.  Right along with the President.  (On second thought, I like my Rep in the House.  I think I'll vote to keep him.)


Yeah, lets keep the problems from getting fixed. If we elect Democrats, goverment might get fixed. And than what will the GOP have to bitch about in future elections?




TheHeretic -> RE: 8.3% (8/4/2012 1:39:08 PM)

quote:

ORIGINAL: joether
If we elect Democrats, goverment might get fixed.


LOL.




Musicmystery -> RE: 8.3% (8/4/2012 1:54:06 PM)

Will Democrats fix it? I don't know.

Will Republicans do nothing except more military spending and more unfunded tax cuts? Yup.





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