Who do you support for U.S. Senate in...
TSF

Rocky Mount, NC

#43787 Oct 28, 2013
Recouped? FOS as a Christmas turkey. That money is lost business which never happened and will never be part of the economy. That thinking is part of the BS "borrowing" from the future to pay for present day mistakes. The republikans twerked up in forcing a shut down. Now they are trying to crawfish out of responsibility. The first step in rehabilitation is admission of mistakes. This just proves republikans are still in denial and cannot be trusted to govern. They wrecked the economy and now want us to give the keys back to the same drunk drivers. No thanks.
Pro-American wrote:
<quoted text>Economist predict the alleged $24 Billion the Commucrats claimed we've lost will be recouped in less than 3 months, can the same be said for the $600 Million that was wasted on a website that doesn't work?
I think not!
TSF

Rocky Mount, NC

#43788 Oct 28, 2013
Presidents do not run the economy. Presidents run the government.
Different animals. But it is interesting to note the coincidences. In my lifetime, everytime republikans got control of the government, the economy either collapsed or entered a recession.
JohnHamhock wrote:
<quoted text>
I DO! Wanna know why?
Just like in EVERY CASE , when
Republicans pick up power, the economy does better. When dim-0s pick up power,
the economy falters.
It happened when carter gained the WH, the economy got WORSE.
It happened when Reagan gained the WH, the economy got BETTER.
It happened when clinton gained the WH, economic growth dropped from over 4%,
to about 2% 2 years later.
It happened in jan '95, when Republicans took over congress, the economy caught
fire and sported some of the best times in our history, including balanced
budgets and even a PROJECTED surplus.
It happened in jan '01 when W. gained the WH. He inherited a recession, a crashing market and 9-11 with terrorists in our country planning and training. He turned that into the longest running jobs expansion in our history with an average 5.2% unemployment number.
It happened AGAIN in jan '07, when dim-0 gained control of congress promising
"CHANGE" from the 4.4% unemployment, mid 4% economic growth, and the
longest running jobs expansion in the history of the nation.
"CHANGED" to depression.
Taxpayer

Camden, NC

#43789 Oct 28, 2013
State of Florida wrote:
<quoted text>
So, which one of those two did you vote for?


Nether. I voted for an America. You need to remember Hitler come to power in a voting Democracy because people like you.
You also need to read the Constitution. Nowhere does it say you have to vote to have freedom of speech. Although I know you communist minded people would like to get rid of that Amendment.

Since: Dec 11

Location hidden

#43790 Oct 28, 2013
TSF wrote:
Presidents do not run the economy. Presidents run the government.
Different animals. But it is interesting to note the coincidences. In my lifetime, everytime republikans got control of the government, the economy either collapsed or entered a recession.
<quoted text>
Looks like Washington is batting a big fat zero. The president's not running the country and dems who first controlled congress nor the republicans who now control haven't gotten control of the economy.

About the best we can do is spy on not only our own people but other countries' people. Wonder how much this fishing expedition has cost the tax payers? I find it ironic that our government can spy on you and me and I'll speak for me, that has to be boooring, but they can't manage to find all the corruption going on in the IRS, GSA, NSA or whatever "SA" is correct right under their nose. The idiots couldn't even get a lie straight about what happened in Benghazi. That will be Ms. Clinton's achilles heel if she decides to run for president. I don't really care if she was a dem or repub, but I'm appalled that leadership in Washington let those people be killed like shooting fish in a barrel and didn't do a darn thing. Maybe they had to spy on somebody having a dinner party or their child's first birthday party or something very nefarious like what we're saying on Topix...")

“Vote”

Since: May 12

Location hidden

#43791 Oct 28, 2013
TSF wrote:
Presidents do not run the economy. Presidents run the government.
Different animals. But it is interesting to note the coincidences. In my lifetime, everytime republikans got control of the government, the economy either collapsed or entered a recession.
<quoted text>
President crafts and submits the budget.

“Vote”

Since: May 12

Location hidden

#43792 Oct 28, 2013
State of Florida wrote:
<quoted text>
Election in 2014 will tell that story as oppossed to your biased speculation.
And 2016.

Since: Dec 11

Location hidden

#43793 Oct 28, 2013
waco1909 wrote:
<quoted text> President crafts and submits the budget.
His "crafting" skills are lacking indeed. Maybe he ought to award one of his wife's friends a no-bid contract to "craft" him one. The last one did a real bang up job on the government healthcare website.
Taxpayer

Camden, NC

#43794 Oct 28, 2013
State of Florida wrote:
<quoted text>
So, which one of those two did you vote for?
I changed my mind I am not sure anyone on here understand any thing about being an American. You all seem to look at the government as if it is your Mommy. Give me, give me give me, like spoiled children. What would you do with no government. You had to do for yourselves? Would you fall on the ground and cry, kick your feet. How pathetic you are.
If Paul Revere or Samuel Adams and the people of April 19th 1775, was to come back today they would hang their heads in discuss. Knowing what has become of their sacrifice.
Ben

Greer, SC

#43795 Oct 28, 2013
TSF wrote:
Recouped? FOS as a Christmas turkey. That money is lost business which never happened and will never be part of the economy. That thinking is part of the BS "borrowing" from the future to pay for present day mistakes. The republikans twerked up in forcing a shut down. Now they are trying to crawfish out of responsibility. The first step in rehabilitation is admission of mistakes. This just proves republikans are still in denial and cannot be trusted to govern. They wrecked the economy and now want us to give the keys back to the same drunk drivers. No thanks.
<quoted text>
So, your thinking is, that money, that was never spent, just disappeared? The workers, 70,000 BTW, received unemployment, they have to pay it back, but they still got it. Do you think they tossed it in the garbage or went out and spent it? Do you think that people that were going to the National Parks tossed that money in the garbage? They either spent it somewhere else or saved it, I know that may sound foreign to a Democrat, but I would like you to tell how that money was "lost" never to be seen again. I wouldn't be so quick to talk about wasting money if your guys can't do any better than that Obamacare crap. Cause it just gets deeper and deeper.
TSF

Rocky Mount, NC

#43796 Oct 28, 2013
Republikans blaming Americans for what the terrorist did in Benghazi has not been helpful in finding solutions for prevention of future similar attacks. It has actually assisted the terrorist in that republikans have helped create the desired resultant internal discord in the USA. Smearing Clinton has become more important to republikans than the lives lost. Not that republikans cutting funding for embassy security is an excuse, but it certainly had to be a factor in the reluctance to provide the requested additional security which never came .
Stevens and his security director had repeatedly requested additional security. Those requests were ignored. Dysfunctional government never seems to change because politics clouds the real issues. Repeated advance warnings of the 9.11.01 events which killed 3000 Americans in our own country were ignored. Then Iraqis were blamed for what the SAUDIS had done and we spent 2 trillion dollars attacking the wrong country because of non existent WDMS. Dysfunctional government isn't a new thing.
TSF

Rocky Mount, NC

#43797 Oct 28, 2013
True. Then if COMNGRESS doesn't app[rove his budget, they have the responsibility of crafting and approving one of their own.
waco1909 wrote:
<quoted text> President crafts and submits the budget.
TSF

Rocky Mount, NC

#43798 Oct 28, 2013
Your view of our economy is both simplistic and myopic.
The federal workers accounted for just under 4 billion dollars of the 24 billion dollar loss. Think about the cost to business which didn't happen. Like government contractors laying off workers because there were no federal inspectors present, like resturants, motels, supply stores not selling merchandise because parks were closed, like people getting sick as a result of no FDA inspectors to prevent sloppy dirty processing of sick animals, etc.
Ben wrote:
<quoted text>So, your thinking is, that money, that was never spent, just disappeared? The workers, 70,000 BTW, received unemployment, they have to pay it back, but they still got it. Do you think they tossed it in the garbage or went out and spent it? Do you think that people that were going to the National Parks tossed that money in the garbage? They either spent it somewhere else or saved it, I know that may sound foreign to a Democrat, but I would like you to tell how that money was "lost" never to be seen again. I wouldn't be so quick to talk about wasting money if your guys can't do any better than that Obamacare crap. Cause it just gets deeper and deeper.

“Vote”

Since: May 12

Location hidden

#43799 Oct 28, 2013
TSF wrote:
Your view of our economy is both simplistic and myopic.
The federal workers accounted for just under 4 billion dollars of the 24 billion dollar loss. Think about the cost to business which didn't happen. Like government contractors laying off workers because there were no federal inspectors present, like resturants, motels, supply stores not selling merchandise because parks were closed, like people getting sick as a result of no FDA inspectors to prevent sloppy dirty processing of sick animals, etc.I
<quoted text>
Think about what happens when the federal workers get paid for not working.HAPPY DAYS!

“Vote”

Since: May 12

Location hidden

#43800 Oct 28, 2013
TSF wrote:
True. Then if COMNGRESS doesn't app[rove his budget, they have the responsibility of crafting and approving one of their own.
<quoted text>
I believe the president is required to present another budget.They call it"compromise".(Alie n word these days).
Ben

Greer, SC

#43801 Oct 28, 2013
TSF wrote:
Your view of our economy is both simplistic and myopic.
The federal workers accounted for just under 4 billion dollars of the 24 billion dollar loss. Think about the cost to business which didn't happen. Like government contractors laying off workers because there were no federal inspectors present, like resturants, motels, supply stores not selling merchandise because parks were closed, like people getting sick as a result of no FDA inspectors to prevent sloppy dirty processing of sick animals, etc.
<quoted text>
That is because it is SIMPLISTIC. For once in your life flip the coin and see the other side. AGAIN, what business didn't happen? Show where people got sick.
Ben

Greer, SC

#43802 Oct 28, 2013
October 21, 2013
There Will Be No $24B Economic Loss From the Government Shutdown
By Jeffrey Dorfman

The news has been full of an estimate by Standard & Poor's that the U.S. economy suffered a loss of $24 billion due to the government shutdown. Interestingly, the reports contain few if any details of where those losses came from and the Standard & Poor's website does not seem to have any report backing up the figure either. I have found some of the suggested losses and they are all untrue. In reality, there will be no economic loss to the economy from the government shutdown.

Purported losses include missed wages by federal employees and contractors, the value of lost government services, and lost travel spending. Some of these losses did actually happen, but any losses in one part of the economy will be offset by gains somewhere else.

Certainly, some people have suffered losses due to the shutdown, principally those business owners who depend on tourists visiting Washington, D.C. or a federal site that was closed (such as a national park). Federal contractors who could not work and were not paid to work on other projects during the shutdown may suffer losses. However, they do not hold in the aggregate because every loss will be offset by a gain. For all the tourist sites that lost money and visitors during the shutdown, there is a business somewhere that received or will receive more business than normal. People who cancelled trips to D.C., national parks, or other sites may instead have taken a trip somewhere else. Business owners in those substitute locations become winners due to the shutdown. Alternatively, people may have stayed home and spent the money designated for their trip at local restaurants, movie theaters, and shops, creating gains in those businesses.

If a business traveler cancelled a trip, that business will either spend the money on something else or it will end up as profit. Extra profits go to a business owner who will then spend the money. Even if money does not get spent, but is saved instead, those savings become investments which also benefit the economy. All this lost spending is a perfect example of the famous broken window fallacy, just in reverse from the normal example. In the broken window fallacy, people perceive money spent to fix a broken window as a gain to the economy because they do not realize the money would have been spent somewhere else until it had to be diverted to fixing the window. In the current case money that was not spent somewhere during the shutdown gets shifted someplace else, but it still gets spent. As to lost wages, federal employees will get back pay completely covering their lost wages during the government shutdown. This means that any spending they did not do during the shutdown, they are busy catching up on right now. Federal contractors may have lost wages during the government shutdown and may not recoup all those losses. However, those unpaid wages should end up as either extra profit for the contractor, savings for the government, or delayed employment for somebody. If we ignore the slight loss from the delay in spending in a few of the above examples, I hope the above shows that there is no economic damage to the economy from lost wages or cancelled travel due to the shutdown. In the wider view of the whole economy, the money just ended up in different cash registers. con't..
Ben

Greer, SC

#43803 Oct 28, 2013
The final item in the supposed $24 billion in losses to the economy due to the government shutdown is the value of lost government services. It is true that many government services not performed during the government shutdown will never be replaced, as government workers will not all be able to make up the lost productivity. However, national income accounts value government services at their cost since there is no other way to value them (given the common absence of a price to provide a market value). Because the government workers are being paid for the days they did not work, the cost of government services will not decline and, therefore, neither will the government contribution to GDP. Citizens will get less for our tax payments, but the official economic value of government will be the same.

Hopefully, this column has provided a clear explanation that the economy will suffer no loss from the government shutdown, let alone a purported $24 billion. Some people suffered indisputable losses because of the shutdown and we can all feel sympathy for those unlucky people. However, the money lost by those people does not disappear as if in a magic trick; it ends up being spent somewhere else and providing an unexpected gain in a different part of the economy.

Many of the losses reported in the news are visible and easy for the media to find. The offsetting gains are harder to find but exist nonetheless. People reporting these stories may not understand economics or they may not wish to acknowledge that government does not grow the economy. Whatever the reason, the reality is that while the shutdown may not have accomplished anything other than disrupting many people's lives, it did not cause damage to the national economy. That usually happens when the government is open for business. IT'S POLITICS, get it?????

“Vote”

Since: May 12

Location hidden

#43804 Oct 28, 2013
White House says they will start over with a new system on Obamacare.Getting rid of the system they paid six hundred million for.Gosh.
State of Florida

Crouse, NC

#43805 Oct 28, 2013
Taxpayer wrote:
<quoted text>
Nether. I voted for an America. You need to remember Hitler come to power in a voting Democracy because people like you.
You also need to read the Constitution. Nowhere does it say you have to vote to have freedom of speech. Although I know you communist minded people would like to get rid of that Amendment.
You're so FOS! I am not talking about your freedom of speech; I am talking about your mindless rants about people being Communists, and you didn't even take the time or care about preventing these people from going into office enough to get off your lazy ass and vote against them. Therefore, you have nothing to bitch about. You were given the opportunity to participate in a free election and you choose not too. The problem with your thinking of dictatorships like Hitler is when the nation becomes too apathetic to vote and participate in a democratic/republic system. Then you have problems. You are the current problem. Either that, or too gutless to tell the truth about who you did vote for.
State of Florida

Crouse, NC

#43806 Oct 28, 2013
Taxpayer wrote:
<quoted text>
I changed my mind I am not sure anyone on here understand any thing about being an American. You all seem to look at the government as if it is your Mommy. Give me, give me give me, like spoiled children. What would you do with no government. You had to do for yourselves? Would you fall on the ground and cry, kick your feet. How pathetic you are.
If Paul Revere or Samuel Adams and the people of April 19th 1775, was to come back today they would hang their heads in discuss. Knowing what has become of their sacrifice.
Adams and Revere ,and others of that era, would also be proud of this country in making advances in the areas of human rights to guarentee that every citizen was allowed to participate equally in this system, and that the authors of the Constitution's dream of democracy would eventually make strides in coming to pass. Also, I would like to see you try to live in today's world without government. No roads, no currency, no system of defense, no quality water, no food inspections just to name a few. It would be chaos. No, allow me to take that back. There would be no America.

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