Drudge Retort: Red Meat for Yellow Dogs

In the last year of the Bush administration, the monthly job loss numbers built steadily to a peak which then began to reverse itself during Obama's first year. It's a perfect mirror image.

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corky

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"But, but.... nothing Obama has done has helped slow job losses...."- The Sad Clown Right

Hey Corkster, once you lose a certain number of jobs, it becomes difficult to stay on that pace, as there are only so many jobs to be lost.

Prove that Obama was on the winning end of the effect rather than simply coming in at the turn of the "trend". A trend that is supposed to fluctuate for a good while if I might add.

Also, answer peoples questions when they ask you them here, not like how you avoided questions about how the unemployment rate can go down in a positive sense when a) 20,000 jobs were still lost b) There was a revision of an extra 800,000 jobs lost that the official administrative numbers did not count in the same month c) and job gains obviously were not enough to overtake the job losses as a loss was reported instead of a gain.

Bush sucks, so does Obama

No lie is too big for Corky to believe.

Here's a chart that shows the labor market shrinking.
market-ticker.org

Peter Schiff reminds us why more government equals fewer jobs.
www.financialsense.com

There is a Dow 1400 in Corky's future.

This is obviously a result of Bush policies.

I wonder how they made the jobs lost go down at the same time the percentage of unemployment went up. That's interesting.

Probably by using the global warming scientists to make the chart.

Is this Obama's hockey stick?

Raystradamus predicted a 1400 Dow during THIS, Bush's Great Recession.... not sometime in this century.

The numbers are the numbers. We were hemorrhaging 700K jobs when Obama took office, 20K last month. Deal with it.

#2 Ignoring the ignorant is almost as fun as ridiculing the ridiculous.

LMAO:

"It's a perfect mirror image, as this chart from Nancy Pelosi's office demonstrates."

WOW!

WOW!


Kindly show us where the chart is inaccurate.... we'll wait, lmao

The chart reflects information from the Bureau of Labor Statistics.

Raystradamus predicted a 1400 Dow during THIS, Bush's Great Recession.... not sometime in this century.

Liar. I said that the bear market that began during Bush's term would fall to somewhere near 1400. This bear market is not over. The crash of 29 had a similar correction. It took three years to reach bottom. I would give this one another year or two to hit bottom. You're too impatient.

The numbers are the numbers. We were hemorrhaging 700K jobs when Obama took office, 20K last month. Deal with it.

You're as naive as a child.

I wonder how they made the jobs lost go down at the same time the percentage of unemployment went up. That's interesting.

They? Oh, this is some kind of "plot." Got it.

The difference has been explained. Two different surveys, one the Household survey and one the Establishment survey. I had previously linked to the report from the BLS. www.bls.gov

As I also stated, during Bush's years no credence was given by the Right to anything but the Household survey.

As to Expressredemtion's 'questions' regarding the additional 800K, that went back to 2007. Counting it in one month would be absolutely irrelevant and an incorrect use of data.

As to trends, the graphic provided is quite clear. Perhaps there's a need to understand the term "trend?"

The policy Bush put into place at the end of his term definitely did help, and it's the same policy (though the Obama Admin has placed constraints and reporting in place) Obama continued and strengthened. The same policy that has the GOP at the ribbon cuttings for Stimulus projects, claiming credit for tax breaks, for keeping State firefighters, police and teachers employed, all the while ignoring they voted against it.

Did I leave out at the same time railing about the Marxists/Socialist Obama?

Are you folks even aware of how asinine the public exposure of this cognitive dissonance appears?

Kindly show us where the chart is inaccurate.... we'll wait, lmao


#9 | Posted by Corky at 2010-02-06 11:49 AM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e


The chart reflects information from the Bureau of Labor Statistics.

#10 | Posted by Doc_Sarvis at 2010


you can make numbers up you know
jUST ask the UN climate NAZIS and thier reports!

again...why dont they produce the REAL numbers LIKE LIBS tried to do on bush but forget all about NOW...

"I would give this one another year or two to hit bottom. "

You said that a year or two ago.

AND SURE...we on the right didnt want to see those numbers either like the millions of people who have given up and arent counted or the FACT that the total jobs number was LOWERED to bring the percentage down..at least thats what I saw on a fox business report.

using all of those the percentage is 20...

can we all agree to count all of those from here forth and onward???????

You said that a year or two ago.
#14 | POSTED BY DANFORTH

Break out the party hats.
Whatever, this bear market is far from over. Everything Obama and Bernanke are doing only exacerbates the severity of the decline.

"you can make numbers up you know"

Like what? Three narfaloonkun ninety-zargonkia?

Of course, I'm sure you keep much closer tabs on this stuff than the Burau of Labor Statistics from your perch in the Linoleum Shine-a-Torium, Bootblack Rehab Center, Furball Polishing Emporium, and Libarry in downtown Fulvanna.

what??

doc....what did the interns put in your oatmeal this morning

FACT

lost three million jobs under bush at the end of term

lost four million AND COUNTING under obama

FACT
lost three million jobs under bush at the end of term
lost four million AND COUNTING under obama
#19 | Posted by afkabl2

It's called the "Overlap Effect," Aflakahubblebubble. Bush spent a long time and put a lot of werk into getting things just right so he could preside over an economic trainwreck. Think olf it as a slow-motion movie, Aflakabibblebabble, unfolding over time. It's like when you hike to the top of that hill outside Austonio and roll a rock down towards the little children playing at the foot of the hill. You got the rock rolling, but it doesn't stop for a while. Bush got the rock rolling and it's not going to stop for a while.

If you're having trouble following the narrative, just go back to the top and start again. But this time, go real sloooooooooooow.

Laws of physics. Terminal velocity, and all that. The U-6 is over 17%. Even at the bottom of the Great Depression it wasn't that much higher.

Just a quick question: if we're all so confident Obamanomics is working, why does the White House project that the deficit won't be below $1 trillion in any of the next 15 years? Even with the tax cuts sunsetting, the wars winding down, and record economic growth (that's the "hope" part), Obama's own budget forecasts tells the world it's a failure.

The economy needs to be generating 150,000 new jobs every month to keep the employment stable, because of high school and college kids coming into the work force. He's not. But he won this demographic overwhelmingly, so it's only poetic justice that they should be suffering accordingly. Maybe that's physics too. One of those cause-and-effect thingies.

The fact is that the actual unemployment rate is over 17%. Just because your unemployment benifits run out dosen't mean you have work. They have keept the percent low by lowering the number of people in the workforce.

Just some more fuzzy math from YOUR government.

Corky, why is is that you have to try and find statistics that you can twist to fit your your ideology.

Its true that unemployment rose sharply at the end of Bush's 8 years in office.

Its also true that the average during those same 8 years was lower than the average during Clintons 8 years in office.

Its also true that Bush inherited a recession and left one on the table for Obama.

Its true as well that Bush recovered from the Clinton recession even while dealing with 911.

So far Obama has not engineered such a feat and the clock is ticking.

Its true that the economy was sound up until 2006 when the democrats took over congress and controlled the legislative process. Since then the economy went in the tank while democrats were on watch.

Its true that Bush ran large deficits from 2001-2006. Its also true that when democrats took over in 2006 their budget deficits made Bush's deficits look tiny in comparison.

Try telling the truth for once instead of shilling for the democrat party.

"Its also true that the average during those same 8 years was lower than the average during Clintons 8 years in office."

Oh, yeah...you were that moron who came up with that stupid statistic, weren't you, and then backed it up with a graph that would get a kid flunked from an Econ class?

Clinton inherited 8% and pared it to 4%, averaging slightly more than 5.2%

Bush inherited 4% and it rose to 8% (and rising) by the time he left office, for an average of slightly less than 5.2%

Suggesting someone who fixed a problem is equal to someone who then fucked it up, just because the fuck-up's predecessor left him a strong economy, is idiotic.

"Its also true that Bush inherited a recession"

Only if you get to redefine the definition of "recession". Bush did NOT inherit two consecutive contracting quarters.

'Its true that the economy was sound up until 2006 when the democrats took over congress and controlled the legislative process. Since then the economy went in the tank while democrats were on watch.'

Then you have to admit it's also true the Dems never passed a financial bill during that time, so we were still operating under Republican rules.

One thing is for damned certain, they were ALL lost under a Democrat Congress.

"One thing is for damned certain, they were ALL lost under a Democrat Congress."

Name one financial bill the Dems wrote that became law under Dubya.

Well this is good news. And, as this trend continues and America gets back out of the gutter that the Right drove us into, Nov. 2012 will be as sweet as Nov. 2008. This is just the tip of the iceberg; as the economy recovers and things get back to normal the TeaBaggers and the Republicans will just go back to being seen as the obstructionist alarmists that they are...

Go ahead and cry wolf some more; the American people won't soon forget how your Party screwed us out of any real progress, as-well-as healthcare reform. The Republicans are going to be 20%ers, crying and screaming at the children's table for a long time to come, (as they should be)...


You said that a year or two ago.
#14 | POSTED BY DANFORTH


Break out the party hats.
Whatever, this bear market is far from over. Everything Obama and Bernanke are doing only exacerbates the severity of the decline.

#16 | Posted by Ray

Ray, I agree with you that the bear will be around awhile putting his claws in Danforth, Yav, and Corky's rearend worship of the Obummer and dumbocrats but I would be surprised if we see 1400--that would require a total collapse of the global economies and all currencies---still possible but I bet this market trades sideways between alternating highs and lows for years.

oh how funny that this article doesn't mention the fact that Bush became a "LAME DUCK" Prez after the 2006 takeover of congress by the DEMS!

before the takeover unemployment was 4.4% with record federal tax revenues

"putting his claws in Danforth, Yav, and Corky's rearend worship of the Obummer "

You're full of shit, and confusing support for Obama with corrections regarding the pretense that Obama was somehow magically given Clinton's economy and fucked it up since last January. Dubya drove the ship of state off the cliff, inheriting surplus budgets and turning them into deficits as far as the eye could see.

But feel free to post where I've praised Obama regarding his handling of the debt.

"before the takeover unemployment was 4.4% with record federal tax revenues"

Everything was just fine then, the Hank Paulson and George Bush comedy team were just joking when they warned of impending doom if we didn't bail out the banks to the tune of hundreds of billions and hey, no one's next egg suddenly evaporated with the burst of the housing bubble. NO, everything was groovy.
You and I both know you don't even believe your nonsensical posts, you are just a partisan hack more concerned with ideology than reality.

Obama is like a petulent little baby, blaming everyone else for his mistakes and problems which he is clueles to solve. He had no military, executive or business experience before he got the job and should be impeached before he can do further damage to the country.

Obama is like a petulent little baby
really?? i thought the dork reptards looked petulent when obama handed them their asses in baltimore...

#32 | Posted by fwthom at 2010-02-06 03:28 PM

I guess he is just lucky then, and Bush was unlucky because things are looking up, and have been getting better for some time...

So, I guess we'll all just have to blame Bush's disaster on "bad luck"...

#32 | POSTED BY FWTHOM
"petulent"

If you're going to try to impress with vocabulary, you should learn what the word means.

"should be impeached"

Wow, speaking of petulant...

I would be surprised if we see 1400--that would require a total collapse of the global economies and all currencies'

I'm not so sure because the stock market is relatively small. That danger falls on the bond market, which I believe is many orders of magnitude larger. Or maybe the real estate market now imploding. Or maybe the many sovereign state defaults soon to erupt. Or maybe a systematic meltdown of $quadrillion OTC derivative market. ... You get the idea.

I bet this market trades sideways between alternating highs and lows for years.

Admittedly, I've been wrong in the sense that this collapse is taking longer than I expected. I shouldn't complain. It gives me time to accumulate more gold and silver.

I guess he is just lucky then, and Bush was unlucky because things are looking up


#34 | Posted by Capt_Of_Uranus at 2010-02-06 03:36 PM | Reply | Flag: Means we're all looking up to the heavens for a miracle.

"Obama is like a petulent little baby, blaming everyone else for his mistakes and problems which he is clueles to solve."

I thought you thought he was Karl Marx. Is he a frightening socialist or an inept amateur? I just can't wait for more of your brilliant analysis. I'm sure the nation would be in good hands with you at the helm.

"I guess he is just lucky then, and Bush was unlucky because things are looking up"

When things go better under Democrats and get worse under Republicans there is the perennial favorite excuse used by the right....oh, it's just a coincidence. Yep, just another one of them coincidences.

#36 | Posted by Ray at 2010-02-06 03:40 PM

***"Admittedly, I've been wrong in the sense that this collapse is taking longer than I expected. I shouldn't complain. It gives me time to accumulate more gold and silver waiting for people with guns to come take it."

FTFY


You're full of shit, and confusing support for Obama with corrections regarding the pretense that Obama was somehow magically given Clinton's economy and fucked it up since last January. Dubya drove the ship of state off the cliff, inheriting surplus budgets and turning them into deficits as far as the eye could see.
#30 | POSTED BY DANFORTH

This blame game is pointless. Given government's penchant for reckless spending and its incompetence at managing money, the crises we are now in was inevitable.

#40 | POSTED BY CAPT_OF_URANUS AT 2010-02-06 03:46 PM | REPLY | FLAG: Moron

The stupidity of people who trust government's ability to manage paper money continues to amaze me.


I would be surprised if we see 1400--that would require a total collapse of the global economies and all currencies'


I'm not so sure because the stock market is relatively small. That danger falls on the bond market, which I believe is many orders of magnitude larger. Or maybe the real estate market now imploding. Or maybe the many sovereign state defaults soon to erupt. Or maybe a systematic meltdown of $quadrillion OTC derivative market. ... You get the idea.


#36 | Posted by Ray

1--We're about to see Act II on the real estate front--a lot of folks have been yammering about the commercial side but starting the first quarter of this year and peaking in 2011 and tailing off in 2012 is Act II of housing with prime and alt A ARM resets---more millions of foreclosures. Back to 80% cash again and short the markets.

#43 | POSTED BY MATSOP

Meanwhile the partisan hacks argue over which party is at fault. It's insane.

#37 | Posted by matsop at 2010-02-06 03:43 PM | Reply | Flag: Can't read writing on wall

#42 | Posted by Ray at 2010-02-06 03:49 PM
***"The stupidity of people who trust government's ability to manage paper money continues to amaze me"

The stupidity of people who can't read the writing on the wall, and continue to kick dead horses NEVER ceases to amaze me...

Admittedly, I've been wrong in the sense that this collapse is taking longer than I expected. I shouldn't complain. It gives me time to accumulate more gold and silver.

#36 | Posted by Ray

With this pullback in PMs will acquire more PMS as well---Ray, here's an inside tip---there's a divergence going on right now in the pricing of PMs--ther's a widening between the paper markets (futures) prices and the actual bullion prices. What this evidently means is that the paper market traders on expiration of their contracts have to pay a premium for delivery of the goods--in other words there is beginning to be a problem with supply and actual gold has almost no role anymore in London paper contract settlement---how do you like those apples?

The stupidity of people who can't read the writing on the wall, and continue to kick dead horses NEVER ceases to amaze me...
#46 | POSTED BY CAPT_OF_URANUS

And what does the writing say to you, Daniel?

you can make numbers up you know
jUST ask the UN climate NAZIS and thier reports!

And aflac still believes there are 40,000 barrels of WMD somewhere in Iraq. Because Glorious Leader said so.

And I bet he still believes Iraq was in the verge of invading Saudistan during Gulf1, cause Glorious Leader Senior said so.
And that deficits don't matter because Vice Glorious Leader said so.

Ray, essentially, the ability to convert fiat money into PMs at prices considered reasonable is starting to break down. The paper precious metal market and the physical precious metal market are starting to disconnect and are now running on separate tracks unbeknownst to only but a few insiders.

how do you like those apples?
#47 | POSTED BY MATSOP

There were rumors of imaginary PM inventories in London, Ft. Knox and the Comex.
It's another landmark. There are more to surface.


#37 | Posted by matsop at 2010-02-06 03:43 PM | Reply | Flag: Can't read writing on wall

#45 | Posted by Capt_Of_Uranus

Just translated the "writing on the wall" and it said:

1---Now, about 80% of the country realizes Obama is like a ship in a storm without an anchor---toally unqualified and runs incessantly between port and starboard with no plan or leadership.

2---He spent a lot on the ship when he started out and now he continues to even though he sees the rocks ahead.

3---He blames everyone/everything around him (the masts, sails, turbulent waters,compasses) but yet he is (supposedly) at the helm.


how do you like those apples?
#47 | POSTED BY MATSOP


There were rumors of imaginary PM inventories in London, Ft. Knox and the Comex.
It's another landmark. There are more to surface.

#51 | Posted by Ray

Gold leasing has been standard practice (illegal) for many years---like selling mortgage contracts without titles delivered; lumber contracts without lumber---then imagine that you're leveraged like you were with MBSs. Now imagine that the folks with big money are emptying their gold bullion accounts and these houses are essentially trading paper with a shortage of the real deal---something will happen eventually to topple this ponzi scheme.

Mat

something will happen eventually to topple this ponzi scheme.

Fort Knox hasn't been audited in 50 years while the Treasury claims they still have the gold.
The London gold pool, I understand, operates on a fractional reserve system.

You know as well as I do what that something is.

My only regret is that I don't have the savings to buy more at this time. I can't keep up with these dips.

Once again Dorky proves his head is so far up Obama's ass that he can channel the president.


Once again Dorky proves his head is so far up Obama's ass that he can channel the president.

#55 | Posted by SpokaneJim

I would quibble with that outrageous statement--you should give Corky more credit---it's so far up that he can't see reality and all he sees is Obama's tonsils moving when he's reading his teleprompter.

Sorry dorky this is all obama's now. Nancy said so! Unless of course, you don't believe her!!!!!

3/5/2009 Here's what nancy said.......

Pelosi Hits Back
The House speaker discusses the stimulus battle, prosecuting top level Bush officals and the limits of bipartisanship

www.rollingstone.com

We know from economists across the spectrum that it will work to stop the downward spiral we are in, because it focuses on job creation. At $800 billion, I feel confident about the bang for the buck we'll get.....What we don't know what is uncharted is how deep this downturn in the economy could become.


What if it turns out to be deeper than expected? What will you say to the American people a year from now, which is the timeline the Obama administration has put forward for achieving results, if we're still in a world of hurt?


We will be accountable. We will answer for this legislation one year from now, about what worked best and where more needs to be done. We won't say, "Well, that's just the economy's fault." No, we will be accountable for the decisions that we make.

Step right up dorky, can't wait to hear your response!

The funny part is we think these clowns actually have an effect on jobs. Sure, lowering business tax and/or incentives helps, but ultimately it's the ability of our country to produce and compete in this shrinking world will have the greatest impact. Things that probably won't help - Increase business tax - Embolden Unions - Destabilize our dollar through deficit spending... hmm, maybe these clowns do have some impact???

Only Pelosi can take a doubling of unemployment and turn it into this chart. I'll bet she is counting the "saved job" numbers post bush. This country needs to wake up, unite, and through all these bums out! Article V!

If the Bush and Obama Presidencies were reversed the right wingers would be crowing like banty roosters.

8.4 million jobs lost since 2007 - 1,500,000 in Bush's last 2 months in office. 40,000 the past 2 months.

Hey Corkster, once you lose a certain number of jobs, it becomes difficult to stay on that pace, as there are only so many jobs to be lost.

President Bush didn't seem to have that problem. He set a new monthly record for job losses eight times in a 12-month span.

Obama, on the other hand, has never lost more jobs in one month than occurred in the last month of Bush's term in office.

I think that the drastic actions taken under Bush and Obama in fall 2008, and the stimulus plans and bailouts taken under Obama since then, have helped the economy pull out of disaster. The job loss chart is a reflection of that.

President Bush didn't seem to have that problem. He set a new monthly record for job losses eight times in a 12-month span.
Obama, on the other hand, has never lost more jobs in one month than occurred in the last month of Bush's term in office.

This quibbling over the rate of job losses misses the point that the job market is shrinking.
2.bp.blogspot.com

I think that the drastic actions taken under Bush and Obama in fall 2008, and the stimulus plans and bailouts taken under Obama since then, have helped the economy pull out of disaster. The job loss chart is a reflection of that.

Like I keep warning you, Rcade, no nation ever spent its way to prosperity. "20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover" www.businessinsider.com

Peter Schiff explains why more government equals fewer jobs.
www.financialsense.com

Here's another one.
"20 reasons Global Debt Time Bomb explodes soon"
www.marketwatch.com

... no nation ever spent its way to prosperity.

No, but this nation has spent itself out of one Depression and used spending to avoid another. There are plenty of examples of the government using debt for the wrong things. Avoiding total financial meltdown is not one of them.

#48 | Posted by Ray at 2010-02-06 04:08 PM
***"And what does the writing say to you, Daniel?"

Well it's NOT screaming "THE SKY IS FALLING AND IT'S ALL OBAMA'S FAULT!!!"...

#52 | Posted by matsop at 2010-02-06 04:28 PM

Yeah Mat, we know, we know: "THE SKY IS FALLING AND IT'S ALL OBAMA'S FAULT!!!"...

No, but this nation has spent itself out of one Depression and used spending to avoid another. There are plenty of examples of the government using debt for the wrong things. Avoiding total financial meltdown is not one of them.

It can appear that way when the market economy is reasonably free of debt, taxes and regulations as was during the 30s - which, by the way, was the longest of any previous depression.

You are familiar with Bernie Madoff's Ponzi Scheme. Well the Federal Reserve has been operating one since 1913, based on money created out of debt. The debt must expand to sustain the system, otherwise it collapses. There is a natural limit when the debt load becomes impossible to maintain. THEN it collapses. That is the phase we are in now. That is why the major concern for keeping prices up. There is no way out.

If you spend a couple hours on this Crash Course, you'll get an appreciation for how fast compound interest accumulates when unpaid debt is rolled over year after year. www.chrismartenson.com

This is not an event to take lightly or to put your faith in a system that brought us to this crises.

Well it's NOT screaming "THE SKY IS FALLING AND IT'S ALL OBAMA'S FAULT!!!"...
#66 | POSTED BY CAPT_OF_URANUS

Another deluded moron who says I said things I didn't say.

No, but this nation has spent itself out of one Depression

#65 | Posted by rcade

No, WWII got us out of it.

No, WWII got us out of it.
#70 | POSTED BY SNIPER

Another myth from Roosevelt's hagiographers. The federal government was carrying a low debt load going into the depression; we were the world's leading creditor nation. This time we're the world's leading debtor nation. There is NO chance can Obama spend his way out the impossible level of debt now on the books. Japan tried it and now they are teetering towards bankruptcy.

The sad part is that Obama is probably getting advice like that. Wars are a time honored way of distracting the masses from their domestic problems. Wars also have a long history of bankrupting nations.

The only way to cure the problem is to spend less than than you take in.

As the American people are already heavily taxed, raising tax rates will provide very little additional revenue... as the businesses and persons who make the huge amounts will simply flee the situation.

So, like a fat person with a box of donuts, someone has to say "Enough".

Unfortunately, the people who now get more from the gov't than they pay in is > 50%. Any spending cut will be met with violent opposition.

So, the question really is not IF America will collapse, but when?

A president can't create a NET balance of jobs, nowhere on earth. He/she first has to take that money from somewhere where it costs AT LEAST as many jobs, THEN the money runs through a bureaucracy that loosse some on the way, and THEN the new jobs are probably not even needed, i.e. in the place where they would ever have sprung up naturally, therefore always either awaste or a complete waste. And it leads directly to sovereign default in the long run. So, yes, he can destroy jobs, but not create any if the numbers are totalled.

Hey dorkey I CHALLENGED YOU to respond to nancy's comments. What happened, your usual ducking of a good question, when you realize you have no answer?????

Name one financial bill the Dems wrote that became law under Dubya.

#26 | Posted by Danforth

How about his last 4 budgets.

It was the "5 Million Green Collar Jobs" that Obama promised and delivered on.

"How about his last 4 budgets."

FAIL.

Budgets don't change the underlying rules like a financial overhaul bill would.

Offshoring is killing jobs. No American can compete with anything Chinese. What the CEOs, currently rolling in money for selling out labor, don't understand is that transferring all that technology to China will lead to the day when the Chinese will tell them to leave and the company will be in the same position as US labor.

Obama is probably changing the basis of measurement, like Clinton frequently did. The decline will continue and few will reap enough profits to save the country, but sock it away overseas.

What the CEOs don't understand is that transferring all that technology to China will lead to the day when the Chinese will tell them to leave and the company will be in the same position as US labor.

That's why we need more environmental and labor regulation here.

We need to set an example the Chinese and Indians will follow.

They'll come around if we do.

Trust me.

Hey, Nutsack and Jak's off... you guys need to buy a clue.

The cause is the consumer, not the corporations. Try this... if you build a TV in this country, with US labor, and US created parts, and following all the US laws and regs, it might be a great TV... but the consumers would walk right past a $1000 tv to buy the $200 version. And the average consumer would rather have a tv in the living room, anther in the den, one in the bedroom, one more for the kids, and maybe one in the spare bedroom than a nice TV made in America. That way, you don't have to spend any time with your family... they can all escape to their own rooms and email each other instead of being a family.

So, stop bitching at the companies that move, and bitch at the people who are trying to save money... or, better yet, bitch at the gov't that takes so much of your money that, even if you wanted to buy an American made product, you don't have the money to afford it.

And if you think I am wrong... why don't you start a manufacturing business and see how many people will buy your overpriced shit.

Now lets compare apples to apples...

Not private sector jobs losses vs. pblic sector job gains.

This graph is just another abortion brought to you by the liars at the top...

...take out the census workers and redraw this graph.

Now if only the state run media could sell this to We the People. They better hurry, though, November is just 10 months away.

Libertarian economics doesn't work because all other countries practice infant industry subsidization and protectionism. We're the only one's that preach otherwise, which has more to do with how they gain market share than pricing. Reagan's rhetoric led directly to the Japanese car plant invasion. But the Japanese won't let BMW or GM in. They audit citizens that purchase foriegn cars and turn back boatloads of BMWs and Buicks at port after changing manufacturing requirements while the ships are in transit.

Budgets don't change the underlying rules like a financial overhaul bill would.

#77 | Posted by Danforth

Name one financial bill the Dems wrote that became law under Dubya.

#26 | Posted by Danforth

The question was as posted. It has NOTHING to do with your statement.

You qualify for stupid statement of the day. You realy are pushing dok for that title.

First, the chart is from Nancy Pelosi's office, im sure its sooooo truthful. omg you libtards are so funny..

#85 | Posted by noobama at 2010-02-08 12:24 PM
***"First, the chart is from Nancy Pelosi's office, im sure its sooooo truthful. omg you libtards are so funny.."

The chart is from the Bureau of Labor and Statistics, I.E. BLS...

OMG, you funny guy...

Libertarian economics doesn't work because all other countries practice infant industry subsidization and protectionism... the Japanese won't let BMW or GM in.

The aggressor sets the rules. If they are playing by that set of rules, we should also.

They audit citizens that purchase foriegn cars and turn back boatloads of BMWs and Buicks at port after changing manufacturing requirements while the ships are in transit.

#83 | Posted by nutcase

I don't like the audit stuff... but I would say that moving from a tax on the creation of good (income tax) to the purchase of goods (sales tax) would help ALOT in rebalancing the trade. A car made in Japan would suddenly be 20% more. And a car part made in Korea would cost 20% more. A car made with local parts, then sold locally, would cost the same, and a car exported would have paid NO US Taxes.

Oh, and as a added bonus, we could fire the IRS.

As a thought about the original topic.. Bush v Obama on spending...

I would love to see the surplus / deficit numbers based on what party had control of the house, the senate, both the house and the senate. Has anyone seen such a chart?

I may have to wade thru the CBO site.

1Libertarian-
Your rapt attendance to Republican governance after witnessing the last few decades blows a big-ass hole in your above the fray libertarian pretense.

Just an observation.

Bush had veto power, and the debt doubled under his tenure. Reagan had veto power, and the debt tripled under his tenure. Bush had a majority in both houses for most of his stay, and he was left with a balanced budget, etc. Clinton had veto power, and the budget was balanced under paygo. Just recently, EVERY Republican Senator voted against the reinstitution of paygo.

Even the Republican sponsors of a Deficit Commission recently voted against it.

I may have to wade thru the CBO site.

#88 | Posted by 1libertarian at 2010-02-09 04:01 AM | Reply | Flag:

Please do.

'night blog. Everyone have a good one, of whatever.

From the about.com site:

uspolitics.about.com

There have been 2 congressional sessions (4 years total) when the Republicans have controlled the house, senate, and the presidency since 1969 (the first year that we started running a deficit).

From the CBO front page (just eye-balling the numbers) the first jump in deficit spending was about 1978. Dems had all the power from 77 - 81. Starting around 1984 or so, the deficit started down, and trended that way until around 87 or 88. Increased in the early 90's and then started down again...until 2001 or so.

A sharp increase in 2001 / 2002 (probably war spending)... and then another leveling of spending [still at the inflated rate]... followed by an orgy of spending in 2009 and projected forward.

1Libertarian-
Your rapt attendance to Republican governance after witnessing the last few decades blows a big-ass hole in your above the fray libertarian pretense.


Just an observation.

I believe it to be an invalid observation. Like saying the the trafic light physically stops a car...

Bush had veto power, and the debt doubled under his tenure.

Which is why I am no longer a republican.

Reagan had veto power, and the debt tripled under his tenure.

Reagan did a number of things I disliked, from not controlling the spending to legalizing criminal aliens. Still, he was WORLDS ahead of Carter.

Bush had a majority in both houses for most of his stay, and he was left with a balanced budget, etc.

Not trying to quibble, but only for a little over 1/2 of his time did the repubs control both houses. Again, why I am NO LONGER a republican. They spent our money foolishly.

Clinton had veto power, and the budget was balanced under paygo.

That was Newt, and his contract. A great congressman, an intelligent man and brilliant analyst.

Just recently, EVERY Republican Senator voted against the reinstitution of paygo.

#89 | Posted by BetelG

I would guess there was a REASON... like using paygo as an excuse to rape those few people who are lucky enough to still have a job out of more taxes, instead of cutting spending. Paygo is a two-way street.

I have SOME hope that the tea party will run candidates that have some financial responsibilities. Ok, it is very little hope... but I have given up on the run-of-the-mill dem and repubs.

Everyone mentions Carter. Why do you consider Carter a bad President in your view, 1LIB?

Besides not running the Fed, who set interest rates or flying the helicopters that crashed in Iran what's that leave? He didn't create the Oil Crisis of '79 either.

Iranians kidnapped Americans unexpectedly thousands of miles away in their own country. Should he have gone Iran/Contra, broken the law, done an end run and given them missiles after they kidnapped our citizens and spread them out far and wide?

I was a child when Carter was the pres... and I remember day after day of gas lines. Not his fault, you say, but not something that he fixed, either.

I remember Americans held hostage... and no response... and more of nothing... then a botched attempt... then... more nothing.

I remember him being chased by a rabbit, even. Thought it was FUCKING hilarious. Got smacked for saying that to my brother, in fact. I also remember the high inflation, the misery index, etc.

I want a president that can solve problems, not run from rabbits. I want a military that is competent to rescue Americans from a 3rd rate bunch of students, regardless of how far away they are. Basically, I want a leader to, well, lead.

[I also heard from some of my father's friends at the time that we didn't really have an Army... they were riddled with drugs and morale problems... which he also didn't solve.]

and I remember day after day of gas lines. Not his fault, you say, but not something that he fixed, either.

Iran's oil stopped flowing when the Shah was deposed. Prices skyrocketed. Carter didn't run the oil companies.

I want a military that is competent to rescue Americans from a 3rd rate bunch of students, regardless of how far away they are.

The hostages were scattered all over Iran. No way to rescue more than a handful, and even a successful rescue of a few would have put the rest of the American's lives in jeopardy

we didn't really have an Army... they were riddled with drugs and morale problems... which he also didn't solve

Vietnam. We didn't pulled out of there until a couple years before. Hundreds of thousands came back broken - PTSD, drug problems. There was no such thing as a drug test in those days. Morale was low after Vietnam because generals sent soldiers as cannon fodder and didn't really try to win. The rich largely sat it out, and the draft meant most working class 18 year olds were headed into the fire.

It was also shortly after Richard Nixon resigned. America was disillusioned. Bad time to be President for anyone.

The rabbit thing was strange for sure, but made for good SNL skits LOL.

Obama stems the bleeding and reverses course from the cliff BushCo was driving the country over and the rtards reflexively denigrate it?

Qu'elle farking surprise.

Carter was far more worthy of respect than the brain dead fascist who followed him, btw.

Be Well.

I keep hearing everyone defend the stupid idea that "If we started drilling today, it would take 10 years to get the oil out"... and they have said that for 40 years or so....

Why are we so fucking short sighted? Every time there is a crisis, gas prices go up... people bitch about lack of domestic supplies... we get the same demo deflection.

Can we PLEASE fucking drill in this country before the next crisis comes around?

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