Obama promises more than 600,000 stimulus jobs

Full story: Newsday

President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.

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kim

New Castle, DE

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#118051
Nov 7, 2012
 
Everyone is very frustrated with our current government processes and frustration leads to anger and anger leads to very bad mistakes. Please take this frustration to your local congressman where change can actually occur before someone gets hurt. Your local government is where the changes start. the president ends up sorting out the details and cannot do much about unless the people actually express their concerns to the changemakers and the changemakers actually listen. Do not give up on morality and values and the principles of the united people and our foundation of america.
Say the Truth

Eatontown, NJ

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#118052
Nov 7, 2012
 

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okb2 wrote:
<quoted text>
By encouraging private industry to create jobs and pay higher wages.
Obama and his congressional henchman have done everything to promote the exact opposite. His reelection only makes that worse.

This country has just turned a corner idealistically. To darkness. No pun intended.
Say the Truth

Eatontown, NJ

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#118053
Nov 7, 2012
 

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okb2 wrote:
<quoted text>
How is "defense" spelled in the Constitution, eh?
I have lived in Germany and visited France quite a few times. I have also been to the BENELUX countries, Italy, Turkey, Austria, Norway and a few others. I have no need to do a comparison or contrast because I have seen it and discussed it with them.
I participated in a negotiation with Denmark and about 30 minutes were spent discussing how to spell defense/defence.
In this country we spell it with an s. What country are you originally from?
Teddy R

United States

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#118054
Nov 7, 2012
 

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CrimeaRiver wrote:
<quoted text>
From my understanding, the federal debt rose by a trillion year on year from 2004, so it rose year on year under Bush's administration too. So to claim it rose PRECISELY because of Obama's policies is misinformed at best.
Your understanding is incorrect.

The federal debt was 56.56% of GDP in FY2000 at the beginning of the Bush administration, and rose to 69.50% of GDP in FY 2008. This is an increase of 22.9% over 8 years, or 2.86 %/ann on average.

Under Obama, The federal debt has exploded to 85.20% of GDP in FY2009, 97.82% of GDP in FY 2011, and is estimated to hit 107.84% of GDP in FY 2014 and essentially remain at that unsustainable level for the remainder of Obama's reign and as far as the eye can see thereafter. This is an increase of over 50% during Obama's 1st 4 year term alone - more than DOUBLE the additional debt hung on the necks of the American people by the Bush administration, in HALF the time.

This is the future the American people, in their wisdom, have voted themselves into.

Here's the data, for your easy reference:

http://www.usgovernmentspending.com/spending_...
Teddy R

United States

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#118055
Nov 7, 2012
 

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okb2 wrote:
<quoted text>
What evidence do you have that sufficient wealth redistribution is taking place? The evidence is ample that it is not.
Sufficient for what? And who is to say?
Teddy R

United States

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#118056
Nov 7, 2012
 

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CrimeaRiver wrote:
<quoted text>
The role of the federal govt is surely to look after its people. Its not written in the constitution but democracy is.
As a pommie from a country with no written Constitution, your ignorance of the American Constitution is forgiveable.

The American Constitution does not establish or describe democracy - it establishes a Republic.
CrimeaRiver wrote:
<quoted text>
And democracy means people have their say…… so the people have spoken and chosen Obama. You do believe in democracy don’t you? you fight enough wars to force it on others.
Redistribution stimulates growth in a very simple way, if people have more money to spend then this in turn creates greater demand for goods and services, which in turn creates jobs, which in turn creates growth, more employment means more people with disposable incomes, which means people have more money to spend etc.
Sophomoric rubbish.
CrimeaRiver wrote:
<quoted text>
National debt did not rise to such preposterous levels under Obama, it was already well on its way.
I have attempted to aid your misunderstanding on this point in a previous post.
CrimeaRiver wrote:
<quoted text>
For a country that is supposedly a beacon of democratic and political enlightenment, the American people are presenting themselves as increasingly ignorant.
I don't know about democratic and political enlightenment, but yesterday's electoral results make it impossible for me to argue the American people are not presenting themselves as increasingly ignorant in terms of fiscal and economic enlightenment.
Say the Truth

Eatontown, NJ

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#118057
Nov 7, 2012
 

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Teddy R wrote:
<quoted text>
Sufficient for what? And who is to say?
When everyone is equally miserable, except for our "betters", who deserve much more because they care so much for us.
Say the Truth

Eatontown, NJ

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#118058
Nov 7, 2012
 

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okb2 wrote:
<quoted text>
Republicans in Congress forgot that their job is help run the country and began thinking that their job was to get rid of the President. Now if they can do the nations business and make the President look bad at the same time, more power to them. That is politics. But when they stop doing the nations business, that is just wrong.
Democrat idiocy:

"run the county" off the fiscal cliff.

yeah, great policy, dumbass!
Say the Truth

Eatontown, NJ

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#118059
Nov 7, 2012
 

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Son of SickNTired wrote:
<quoted text>
Yeah we all will.. Traitor. In 2 years we'll have the house too, so its all good... Then we'll see some real progress for a change. This country will be great again..
Describe your vision of "great".

Since: Jul 12

Petersburg, VA

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#118060
Nov 7, 2012
 
Say the Truth wrote:
<quoted text>
Obama and his congressional henchman have done everything to promote the exact opposite. His reelection only makes that worse.
This country has just turned a corner idealistically. To darkness. No pun intended.
If you were telling the truth he would not have gotten re-elected. But you keep following the same failed Republican policies and see where that gets you in November 2014.
Say the Truth

Eatontown, NJ

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#118061
Nov 7, 2012
 

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Teddy R wrote:
<quoted text>
...I don't know about democratic and political enlightenment, but yesterday's electoral results make it impossible for me to argue the American people are not presenting themselves as increasingly ignorant in terms of fiscal and economic enlightenment.
That's putting it mildly. I call it the completion of socialist indocrination.

Since: Jul 12

Petersburg, VA

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#118062
Nov 7, 2012
 
Say the Truth wrote:
<quoted text>
In this country we spell it with an s. What country are you originally from?
How is it spelled in the Constitution?
Say the Truth

Eatontown, NJ

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#118063
Nov 7, 2012
 

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Son of SickNTired wrote:
<quoted text>
Damn dude. You make way too much sense. Most of these sheep have no idea what you are saying, but Rush and Sean say that you are a bad person for thinking this way. But it doesn't take a lot of high level thought to see the complete logic.
Not surprising, this coming from the PRM.

Since: Jul 12

Petersburg, VA

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#118064
Nov 7, 2012
 
Teddy R wrote:
<quoted text>
Your understanding is incorrect.
The federal debt was 56.56% of GDP in FY2000 at the beginning of the Bush administration, and rose to 69.50% of GDP in FY 2008. This is an increase of 22.9% over 8 years, or 2.86 %/ann on average.
Under Obama, The federal debt has exploded to 85.20% of GDP in FY2009, 97.82% of GDP in FY 2011, and is estimated to hit 107.84% of GDP in FY 2014 and essentially remain at that unsustainable level for the remainder of Obama's reign and as far as the eye can see thereafter. This is an increase of over 50% during Obama's 1st 4 year term alone - more than DOUBLE the additional debt hung on the necks of the American people by the Bush administration, in HALF the time.
This is the future the American people, in their wisdom, have voted themselves into.
Here's the data, for your easy reference:
http://www.usgovernmentspending.com/spending_...
FY2009 was bush's last budget year. FY2002 was his first budget year.

The Fiscal Year busget begins in October of the preceding year, so the FY2009 budget began on October 1, 2008 or about 4 months before Obama took office and 1 month before the election even took place.

Since: Jul 12

Petersburg, VA

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#118065
Nov 7, 2012
 
Teddy R wrote:
<quoted text>
Sufficient for what? And who is to say?
The economy says so and the economy is also the judge. If you are happy with the economy then enough is being redistributed.

Since: Jul 12

Petersburg, VA

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#118066
Nov 7, 2012
 
Say the Truth wrote:
<quoted text>
That's putting it mildly. I call it the completion of socialist indocrination.
I call it the failure of the Republican Party to present a credible alternative.
Teddy R

United States

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#118067
Nov 7, 2012
 

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okb2 wrote:
<quoted text>
It is impossible not to redistribute when you tax. It is inherit in taxation.
False. Taking the federal income tax as an example, a simple flat tax has no income redistributive effect.
okb2 wrote:
<quoted text>
Your inability to think through things like this is one reason Republicans loat the election.....for the PResidency, the Senate and the House.
Doubtful. Much more likely due to the inability of rubes like you to think through things like this sufficiently not to buy into the class warfare and other snakeoil pitches drummed up by the permanent professional political class to whom you seem content to keep surrendering more and more of your wealth and freedoms.
okb2 wrote:
<quoted text>
Rediostribution should occur until the economy is healthy and vibrant with lots of creativity and the middle class is large and living well again.
Congratulations. You've just described a free market economy.
okb2 wrote:
<quoted text>
Look at my second sentence. An economy based on consumption works best when people spend money. The middle class is largely out of money....those that still have jobs that is. Redistribution, preferably through higher wages and more jobs would put money in the hands of the middle class where it will be spent.
How is it class warfare to talk of the need to redistribute wealth and you think it is not class warfare to support policies which allow wealth to accumulate at the top and not encourage redistribution?
You analysis is simplistic and sophomoric, completely ignoring the fact that the US economy, US business, and the US middle class is merely part of a highly integrated and highly competitive global economy. The US middle class is losing ground not because of anything that your leftist heroes in Washington are going to change with taxes, but because they're increasingly non-competitive with foreign skilled labor.

Your simpleton's prescription of wealth redistribution as some kind of magic restorative panacea is just silly. You can redistribute wealth to your heart's content - all you'll be accomplishing is accelerating the US middle class's decline into economic serfdom.
Say the Truth

Eatontown, NJ

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#118068
Nov 7, 2012
 
okb2 wrote:
<quoted text>
How is it spelled in the Constitution?
This is the year 2012. You made a mistake, now come clean, you fuzzy little foreigner.
About Time

New York, NY

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#118069
Nov 7, 2012
 
okb2 wrote:
<quoted text>
I call it the failure of the Republican Party to present a credible alternative.
Disagree. Romney was the most credible of the Republican candidates that ran for POTUS. Think about the other candidates that made the attempt to run. It wasn't close. A reminder of the 1996 POTUS race. Republicans didn't have a candidate so they threw their support to Dole.

This POTUS had the weakest poll numbers leading to the POTUS campaign season in many categories. A very winnable election for the Republicans. Their candidate couldn't sell his vision to those voters that could've been swayed to vote his way. You can attack the POTUS record only so much. The American public wants more than an attack on the record.

Since: Jul 12

Petersburg, VA

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#118070
Nov 7, 2012
 
Teddy R wrote:
<quoted text>
False. Taking the federal income tax as an example, a simple flat tax has no income redistributive effect.
<quoted text>
Doubtful. Much more likely due to the inability of rubes like you to think through things like this sufficiently not to buy into the class warfare and other snakeoil pitches drummed up by the permanent professional political class to whom you seem content to keep surrendering more and more of your wealth and freedoms.
<quoted text>
Congratulations. You've just described a free market economy.
<quoted text>
You analysis is simplistic and sophomoric, completely ignoring the fact that the US economy, US business, and the US middle class is merely part of a highly integrated and highly competitive global economy. The US middle class is losing ground not because of anything that your leftist heroes in Washington are going to change with taxes, but because they're increasingly non-competitive with foreign skilled labor.
Your simpleton's prescription of wealth redistribution as some kind of magic restorative panacea is just silly. You can redistribute wealth to your heart's content - all you'll be accomplishing is accelerating the US middle class's decline into economic serfdom.
False. The only tax that does not redistribute is the tax that is returned 100% to the person that paid it. And if you do that, why are you taxing to begin with?

False. Just like you are stuck on misunderstanding redistribution of wealth/income. There is natural redistribution (buying groceries at the store) and then there is redistribution that is forced (taxation) and there is redistribution that is encouraged (allowing employee's wages to be deducted from taxable income encourages the hiring of employee's).

False. I described an economy that is working well, regardless of the type. As an example the US has never, ever had a "free market" economy. We have always had a regulated market economy based on free market principles.

False. While global competition does play "a" role, it is not nearly as strong of a role as you give it credit for.

As for your attack on the level of my posts, they are certainly as least as literate and knowledgeable as your replies and in many ways written at a higher level of understanding.

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