Collarspace Discussion Forums


Home  Login  Search 

RE: 2012 Deficit Down By $207 Billion And Heading Lower


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: 2012 Deficit Down By $207 Billion And Heading Lower Page: <<   < prev  1 [2]
Login
Message << Older Topic   Newer Topic >>
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:10:25 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to papassion)
Profile   Post #: 21
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:30:29 AM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline
Tazzy, did he really say that?

(in reply to tazzygirl)
Profile   Post #: 22
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:36:22 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
Yep

http://www.kotlikoff2012.org/node/129?page=4

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to DomYngBlk)
Profile   Post #: 23
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:40:03 AM   
Yachtie


Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?



No matter the hyperbole, no business is going to contemplate even doing that till capital begins to flow. Now government debt is very important but as long as consumer debt is at such a high the average consumer would be hard pressed to service added debt. So that leaves cash discretionary spending which ain't much seeing as how inventories are not being depleted, and being replaced by all that employment, due to all that consumer spending.

Romney is just another tool.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to tazzygirl)
Profile   Post #: 24
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:41:21 AM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline
Quite a bedtime story. Kinda puts his comments about the middle east in a new context. If Mittens wants it....people better give it to him....lol WOW

(in reply to tazzygirl)
Profile   Post #: 25
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:52:03 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline

quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?



No matter the hyperbole, no business is going to contemplate even doing that till capital begins to flow. Now government debt is very important but as long as consumer debt is at such a high the average consumer would be hard pressed to service added debt. So that leaves cash discretionary spending which ain't much seeing as how inventories are not being depleted, and being replaced by all that employment, due to all that consumer spending.

Romney is just another tool.


This wasnt Romney

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Yachtie)
Profile   Post #: 26
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 9:55:22 AM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline
LOL.....well excuse my assumptions.

(in reply to tazzygirl)
Profile   Post #: 27
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 10:00:58 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
That was about Laurence Kotlikoff, papassion's economist we should all believe, the one he posted about on the previous page.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to DomYngBlk)
Profile   Post #: 28
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 10:04:37 AM   
Yachtie


Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: tazzygirl


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: tazzygirl

As President, on day one, I'd gather the top 1,000 CEOs in a large room. Day two I'd start meeting with mid-sized employers. In these meetings, I wouldn't lock the doors, but I'd have NFL players standing at each exit! I'd talk with the CEOs about why the economy isn't moving -- why we have more than 23 million people out of work or short on work. But the main thing I'd discuss is the massive coordination failure we face and the need for each of them to increase their employment by five percent. I'd stress that they need to do this the starting the next day -- that there would be no coercion, no intimidation, no tax breaks and no subsidies to do this -- that this would be a voluntary, collective, simultaneous hiring by all large and mid-sized employers who would, if they acted together, discover they had new customers to justify their additional hiring, namely the 23.7 million Americans who are now jobless or underemployed.

This is the man you want us to believe in?



No matter the hyperbole, no business is going to contemplate even doing that till capital begins to flow. Now government debt is very important but as long as consumer debt is at such a high the average consumer would be hard pressed to service added debt. So that leaves cash discretionary spending which ain't much seeing as how inventories are not being depleted, and being replaced by all that employment, due to all that consumer spending.

Romney is just another tool.


This wasnt Romney



He's still a tool

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to tazzygirl)
Profile   Post #: 29
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 10:04:57 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
No argument there

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Yachtie)
Profile   Post #: 30
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 1:20:49 PM   
erieangel


Posts: 2237
Joined: 6/19/2011
Status: offline

quote:

ORIGINAL: papassion


quote:

ORIGINAL: DarkSteven

1. You cannot inherit a deficit. Deficits are simply a yearly shortfall. Obama inherited a debt, which is the cumulative shortfall.

2. We have a debt problem. (Although, as I said earlier, it's not that much of a problem.) Calling it either a revenue or spending problem suggests the expected solution. I assume that any realistic solution will involve both reducing spending and upping revenues, although in this partisan atmosphere that may sound too much like compromise to get done.



America has promised it citizens tens of trillions in Social Security, Medicare and Medicade benefits. Laurence Kotlikoff, Professor of Economics at Boston University puts America's total liabilities at a mind boggling $222 TRILLION! This will not be due at once but increasing portions will be as America's 80 million baby boomers retire. I'd say this is a BIG debt problem. There is not a chance that America can pay this bill. Promising money is the same as "future spending." Thus we have a spending problem of such a magnitude that revenue CANNOT solve it.



And all those paid into the system you are demonizing. We are not promised social security and Medicare for nothing. Each and every one of us pays into the programs our entire working lives. To think of social security and Medicare as entitlements is wrong headed and it is where the problems begin with those programs (along with unemployment insurance, another program we all pay into). These are earned benefits.

I will concede that Medicaid and other programs that help the poor and disabled are entitlements. They were created because of a belief that we as a country, as a civilized society should care for those unable to care for themselves. "I am my brother's keeper" used to mean something to religious people of this country.

(in reply to papassion)
Profile   Post #: 31
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 3:52:58 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: mnottertail
To conceptualize the germainess of that statement, how many shingles does it take to shingle a doghouse?  9.  Cuz Ice cream got no bones. 


Wow, you have a small doghouse. My dog's house took 13.

I thought ice cream had no bones because motorcycles don't have doors.

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to mnottertail)
Profile   Post #: 32
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 3:54:35 PM   
Shoedaddy


Posts: 12
Joined: 8/7/2012
Status: offline
Glad to hear its $207B down when the debt is up past $16T. Good work guys!

(in reply to DesideriScuri)
Profile   Post #: 33
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 3:55:43 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: erieangel
"I am my brother's keeper" used to mean something to religious people of this country.


It still does, too. It just doesn't mean "Uncle Sam is my brother's keeper."

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to erieangel)
Profile   Post #: 34
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 4:11:35 PM   
Mouth4Mistress


Posts: 91
Joined: 8/8/2011
Status: offline
Tick-tock, tick-tock, goes the National Debt Clock.

http://www.usdebtclock.org/

Yeah, Obama has been GREAT for the economy.

(in reply to Yachtie)
Profile   Post #: 35
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 4:15:57 PM   
Mouth4Mistress


Posts: 91
Joined: 8/8/2011
Status: offline
But hey, ignore the skyrocketing debt and the increasing % of GDP that we'll be giving to China to pay the interest.

All that matters is that the DEFICIT, e.g. the amount of money we're spending OVER the amount of money we're taking in, has been reduced.

It's like being happy that your credit card debt went from $ 20,000 to $ 19,500.

BTW, for the math-challenged Obama voters (but I repeat myself), $ 207 billion out of $ 16 TRILLION - ONE-SEVENTY-SEVENTH.

You're focusing on a tiny, insignificant bump against the vast background of complete disaster.

But, that's why you voted for a man with no track record & no discernible qualifications, in the first place.

(in reply to Mouth4Mistress)
Profile   Post #: 36
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 4:24:43 PM   
cloudboy


Posts: 7306
Joined: 12/14/2005
Status: offline

You are blaming the fireman for the fire? No one is thrilled about the deficit, but the question is, what were its root causes?

Psst: Two wars, The Bush Tax Cuts, and the great recession.

Had not Keynesian spending stimulated the economy, the US would have fallen into a Great Depression.

-----

Deficit spending has always been an elective Republican strategy: See Reagan-BUSH-BUSH. Why? Because these fuckwits wanted to get elected on tax cuts without paying for them.


(in reply to Mouth4Mistress)
Profile   Post #: 37
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 4:24:58 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: Mouth4Mistress
But hey, ignore the skyrocketing debt and the increasing % of GDP that we'll be giving to China to pay the interest.
All that matters is that the DEFICIT, e.g. the amount of money we're spending OVER the amount of money we're taking in, has been reduced.
It's like being happy that your credit card debt went from $ 20,000 to $ 19,500.
BTW, for the math-challenged Obama voters (but I repeat myself), $ 207 billion out of $ 16 TRILLION - ONE-SEVENTY-SEVENTH.
You're focusing on a tiny, insignificant bump against the vast background of complete disaster.
But, that's why you voted for a man with no track record & no discernible qualifications, in the first place.


You need to watch Santa Claus is Coming to Town. This is a first step. Can't move without one. Now, if they'll simply put one foot in front of the other...

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to Mouth4Mistress)
Profile   Post #: 38
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 4:27:20 PM   
Mouth4Mistress


Posts: 91
Joined: 8/8/2011
Status: offline
NVM, misread that.

< Message edited by Mouth4Mistress -- 10/8/2012 4:31:38 PM >

(in reply to DesideriScuri)
Profile   Post #: 39
RE: 2012 Deficit Down By $207 Billion And Heading Lower - 10/8/2012 6:00:43 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline

quote:

ORIGINAL: Mouth4Mistress

But hey, ignore the skyrocketing debt and the increasing % of GDP that we'll be giving to China to pay the interest.

All that matters is that the DEFICIT, e.g. the amount of money we're spending OVER the amount of money we're taking in, has been reduced.

It's like being happy that your credit card debt went from $ 20,000 to $ 19,500.

BTW, for the math-challenged Obama voters (but I repeat myself), $ 207 billion out of $ 16 TRILLION - ONE-SEVENTY-SEVENTH.

You're focusing on a tiny, insignificant bump against the vast background of complete disaster.

But, that's why you voted for a man with no track record & no discernible qualifications, in the first place.


lol

People out of work... why?

Loss of tax revenue..why?

Cooked books for years... why?

Plenty of blame to go around.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Mouth4Mistress)
Profile   Post #: 40
Page:   <<   < prev  1 [2]
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: 2012 Deficit Down By $207 Billion And Heading Lower Page: <<   < prev  1 [2]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.090