Barack Obama, our next President

Full story: Hampton Roads Daily Press

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...
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802,521 - 802,540 of 1,100,246 Comments Last updated 18 min ago
John Galt

Temecula, CA

#871970 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
People still talk as if the deficit were exploding, as if the United States budget were on an unsustainable path; in fact, the deficit is falling more rapidly than it has for generations, it is already down to sustainable levels, and it is too small given the state of the economy.
Start with the raw numbers. America’s budget deficit soared after the 2008 financial crisis and the recession that went with it, as revenue plunged and spending on unemployment benefits and other safety-net programs rose. And this rise in the deficit was a good thing! Federal spending helped sustain the economy at a time when the private sector was in panicked retreat; arguably, the stabilizing role of a large government was the main reason the Great Recession didn’t turn into a full replay of the Great Depression.
But after peaking in 2009 at $1.4 trillion, the deficit began coming down. The Congressional Budget Office expects the deficit for fiscal 2013 (which began in October and is almost half over) to be $845 billion. That may still sound like a big number, but given the state of the economy it really isn’t.
Bear in mind that the budget doesn’t have to be balanced to put us on a fiscally sustainable path; all we need is a deficit small enough that debt grows more slowly than the economy. To take the classic example, America never did pay off the debt from World War II — in fact, our debt doubled in the 30 years that followed the war. But debt as a percentage of G.D.P. fell by three-quarters over the same period.
http://www.rawstory.com/rs/2013/03/10/krugman...
This thinking is like buying a new car when you can't make your mortgage payments.

Krugman is an idiot.
The Slayer

Findlay, OH

#871971 Mar 11, 2013
Kinda think some good conservative tickets
in 2016 would be...
MARCO RUBIO AND Rand Paul....kinda don't like
Rubio.

Or a good ticket would be....
Rick Santorum and Marry Fallin.

Kinda think both would be a winning 2016 ticket.

GOOOOOOO RAND PAUL
lily boca raton fl

Boca Raton, FL

#871972 Mar 11, 2013
The Slayer wrote:
<quoted text>
It is government spending and liberal policies that is the cause
of full blown depressions.
When the market is in need of a correction...its best to leave
it play its self out.
A large crash like in 2008 should have quickly recovered, but
it did not, because of what Bush and later on Obama did.
Too much spending and too much in the way of Fed. regs.
Obama prevented the recovery....he only made things much worse.
And it costed the average working American a great deal money.
Stop being such a dummy:

Right now, a sustainable deficit would be around $460 billion. The actual deficit is bigger than that. But according to new estimates by the budget office, half of our current deficit reflects the effects of a still-depressed economy. The “cyclically adjusted” deficit — what the deficit would be if we were near full employment — is only about $423 billion, which puts it in the sustainable range; next year the budget office expects that number to fall to just $172 billion. And that’s why budget office projections show the nation’s debt position more or less stable over the next decade.

So we do not, repeat do not, face any kind of deficit crisis either now or for years to come

Put it this way: Smart fiscal policy involves having the government spend when the private sector won’t, supporting the economy when it is weak and reducing debt only when it is strong. Yet the cyclically adjusted deficit as a share of G.D.P. is currently about what it was in 2006, at the height of the housing boom — and it is headed down.

Yes, we’ll want to reduce deficits once the economy recovers, and there are gratifying signs that a solid recovery is finally under way. But unemployment, especially long-term unemployment, is still unacceptably high.“The boom, not the slump, is the time for austerity,” John Maynard Keynes declared many years ago. He was right — all you have to do is look at Europe to see the disastrous effects of austerity on weak economies. And this is still nothing like a boom.

http://www.nytimes.com/2013/03/11/opinion/kru...
Realtime

Deltona, FL

#871973 Mar 11, 2013
The Slayer wrote:
<quoted text>
It is government spending and liberal policies that is the cause
of full blown depressions.
When the market is in need of a correction...its best to leave
it play its self out.
A large crash like in 2008 should have quickly recovered, but
it did not, because of what Bush and later on Obama did.
Too much spending and too much in the way of Fed. regs.
Obama prevented the recovery....he only made things much worse.
And it costed the average working American a great deal money.
We're well into the recovery stooge at least according to all but a couple economic indicators which are related.

Housing and unemployment?

Housing is way off due to the overbuilding and over financing made
possible by the lack of oversight during the Bush era that allowed folks such as Angelo Mozilo to run wild. And___unemployment in the construction and related arena's still hovers at over 16% nationally and much higher in the explosive growth areas, FL, NV etc.

Further, during the Bush era the construction industry was even further propelled by weather calamities such as a half dozen hurricanes in Florida which caused massive damage, and of course the big one Katrina.

Obviously a POTUS has no control over ugly weather but weather does impact the economy both ways.
TSM

El Paso, TX

#871974 Mar 11, 2013
Donald Trump and others have offer to Pay out of their Own Pockets to keep the WH Doors open has any Liberal/Democrat offer to join Trump?
lily boca raton fl

Boca Raton, FL

#871975 Mar 11, 2013
carol wrote:
And, no, intercourse means communication not what you dirty minded liberals are thinking. A secure man doesn't steal a woman's name and location. He simply takes them whenever he wants to in the same way that Vikings take English and Irish women whenever they feel the need for bad teeth and horrid cooking.
Oh, I thought it meant you didn't talk during sex; not surprising.
John Galt

Temecula, CA

#871976 Mar 11, 2013
The Slayer wrote:
Kinda think some good conservative tickets
in 2016 would be...
MARCO RUBIO AND Rand Paul....kinda don't like
Rubio.
Or a good ticket would be....
Rick Santorum and Marry Fallin.
Kinda think both would be a winning 2016 ticket.
GOOOOOOO RAND PAUL
Santorum is a religious wacko who would be a disaster.

The others are possibilities.
lily waxman raton fl

Pompano Beach, FL

#871977 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
On his one trip to Manhattan, they made fun of his overalls and he never got over it.
Most hillbilly rednecks can't hack New York; nor does New York hack them.
Don't trip over your bottle on the way down.
lily boca raton fl

Boca Raton, FL

#871978 Mar 11, 2013
The Slayer wrote:
Kinda think some good conservative tickets
in 2016 would be...
MARCO RUBIO AND Rand Paul....kinda don't like
Rubio.
Or a good ticket would be....
Rick Santorum and Marry Fallin.
Kinda think both would be a winning 2016 ticket.
GOOOOOOO RAND PAUL
All whiners; who the hell is Marry Falllin
lily boca raton fl

Boca Raton, FL

#871979 Mar 11, 2013
TSM wrote:
Donald Trump and others have offer to Pay out of their Own Pockets to keep the WH Doors open has any Liberal/Democrat offer to join Trump?
fk Da Donald, who hasn't earned one dollar honestly in his life.
John Galt

Temecula, CA

#871980 Mar 11, 2013
Realtime wrote:
<quoted text>We're well into the recovery stooge at least according to all but a couple economic indicators which are related.
Housing and unemployment?
Housing is way off due to the overbuilding and over financing made
possible by the lack of oversight during the Bush era that allowed folks such as Angelo Mozilo to run wild. And___unemployment in the construction and related arena's still hovers at over 16% nationally and much higher in the explosive growth areas, FL, NV etc.
Further, during the Bush era the construction industry was even further propelled by weather calamities such as a half dozen hurricanes in Florida which caused massive damage, and of course the big one Katrina.
Obviously a POTUS has no control over ugly weather but weather does impact the economy both ways.
So, will massive spending for Rainstorm Sandy create a boom?

Or just go to the pockets of government unions?

“searching myself”

Since: Sep 09

In Charming CA

#871981 Mar 11, 2013
The Slayer wrote:
Kinda think some good conservative tickets
in 2016 would be...
MARCO RUBIO AND Rand Paul....kinda don't like
Rubio.
Or a good ticket would be....
Rick Santorum and Marry Fallin.
Kinda think both would be a winning 2016 ticket.
GOOOOOOO RAND PAUL
Satire, or sarcasm?
Homer 2016

Bethlehem, PA

#871982 Mar 11, 2013
John Galt wrote:
<quoted text>
Homer starting to take everything too seriously, a disease of doctrinaire liberals.
Well you rightwingers lie and make up so much bullsh!t it's hard to tell when you're being serious.
John Galt

Temecula, CA

#871983 Mar 11, 2013
TSM wrote:
Donald Trump and others have offer to Pay out of their Own Pockets to keep the WH Doors open has any Liberal/Democrat offer to join Trump?
Never happen.

Obama goal is to punish taxpayers.
Homer 2016

Bethlehem, PA

#871984 Mar 11, 2013
The Slayer wrote:
<quoted text>
It is government spending and liberal policies that is the cause
of full blown depressions.
When the market is in need of a correction...its best to leave
it play its self out.
A large crash like in 2008 should have quickly recovered, but
it did not, because of what Bush and later on Obama did.
Too much spending and too much in the way of Fed. regs.
Obama prevented the recovery....he only made things much worse.
And it costed the average working American a great deal money.
Market needed a correction? So explain how it's more than doubled under Obama's 'interference'?

“searching myself”

Since: Sep 09

In Charming CA

#871985 Mar 11, 2013
John Galt wrote:
<quoted text>
Santorum is a religious wacko who would be a disaster.
Agreed.
John Galt wrote:
<quoted text>The others are possibilities.
No way in hell I'd vote for Fallin. She's a disease.

“searching myself”

Since: Sep 09

In Charming CA

#871986 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
All whiners; who the hell is Marry Falllin
Current Governor, Buckle of the Bible Belt. Choke, gag, regurgitate, repeat....
lily waxman raton fl

Pompano Beach, FL

#871987 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
Oh, I thought it meant you didn't talk during sex; not surprising.
It's very difficult for you to talk during sex with a bottle attached to your mouth, but you try, and that's what's important.
lily waxman raton fl

Pompano Beach, FL

#871988 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
All whiners; who the hell is Marry Falllin
That's what you say at Happy Hour on your way down to the floor.
lily waxman raton fl

Pompano Beach, FL

#871989 Mar 11, 2013
lily boca raton fl wrote:
<quoted text>
fk Da Donald, who hasn't earned one dollar honestly in his life.
Obama/lily

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