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Forum Post: US Economy Grows at Tepid 2.2% Pace; Misses Estimates

Posted 2 years ago on April 28, 2012, 4:40 p.m. EST by chatman (-478)
This content is user submitted and not an official statement

Now whats obama's plan to improve these numbers - does anybody know?

http://www.cnbc.com/id/47202822

97 Comments

97 Comments


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[-] 2 points by brightonsage (4494) 2 years ago

The point everyone seems to miss is that Europe would swim the channel (not the English one but the one to the US) to get those numbers.

Europe has fully implemented the austerity program that the GOP has fought for and only partially implemented here.

To the extent that Obama was able to get a weak stimulus and a few other minor policy assists including some help from the Fed. the US gets to celebrate 2.2. to 2,8 forecast over Europe's 0.5% shrinkage.

Which bet do you want to double up on?

[-] 3 points by DKAtoday (27542) from Coon Rapids, MN 2 years ago

Yes the idiots in Europe are coming to understand that austerity is removing food during a time of famine. Not exactly a good way to go about preventing death from starvation. Like the USA they have not yet dealt with the problem - the bloated wealthy individuals and corporations. Improper taxation and unregulated finances ( WallStreet equivalent ) white collar crime.

[-] 2 points by epa1nter (4650) from Rutherford, NJ 2 years ago

"Now whats obama's plan to improve these numbers - does anybody know?"

Get rid of the Republitards so he can put real stimulus to work without total obstruction.

[+] -4 points by chatman (-478) 2 years ago

So it means nothing that the people have spoken in the mid term elections of 2010 by shifting the balance of power to the GOP in the house & adding seats in the Senate? Or does it only mean something when the balance of power agrees with YOU?

[-] 3 points by epa1nter (4650) from Rutherford, NJ 2 years ago

You asked about Obama's plan to improve the numbers, not the results of the mid-term elections. But good try attempting to change the subject.

[+] -4 points by chatman (-478) 2 years ago

so Obama cant improve the numbers until he has complete control like the first two years? Thats his plan? I hope that's what he campaigns on when asked what he is going to do to fix things. So then what? He has complete control - then what is he going to do? Walk me through it & explain how it improves the economy.

On the midterms -the people rejected what he was doing in 2010 no? You are the one griping about a govt that doesn't represents the will of the people - well I and about half the country approve of the 2010 midterm results to try & stop the madness. SO I suppose my half shouldnt cout only YOUR half? Is that correct?

[-] 3 points by epa1nter (4650) from Rutherford, NJ 2 years ago

No one can do anything except watch the country turn to shit as long as republitards have control of the house or can filibuster in the senate.

I never griped about government not representing the will of the people. I griped about the people being manipulated by the non stop lies of the republitards and corporate shill right wing media.

[-] -3 points by chatman (-478) 2 years ago

It's all a matter of perspective. I can easily say the same thing about the left. Too bad you have to use juvenile descriptions like republitards. It doesn't strengthen your argument. It makes you look like a child resorting to name calling. There seems to be a lot of that on OWS. No wonder Politicians have no respect for the we the people.

[-] 3 points by epa1nter (4650) from Rutherford, NJ 2 years ago

No amount of invective or name calling could possibly match the obscenity that is the current Republitart/Libertardian party. There is no greater evil than them in the developed world.

[+] -5 points by chatman (-478) 2 years ago

hahahahahaha! Great stuff !!!!

[-] 1 points by brightonsage (4494) 2 years ago

Without a conscience you can say anything. And thus far you do. If your behavior can be accurately characterized, it isn't name calling. If you want to keep score, your small, mislead side wins, hands down.

[-] -2 points by chatman (-478) 2 years ago

more great stuff !!!! lol! what does that even mean ?!

[-] 1 points by brightonsage (4494) 2 years ago

Having roughly kept track since the beginning of this site, it seems to me that most of the name calling came from your side or back or whatever area, anatomically speaking, it came from. That style of troll traffic has diminished somewhat and some discussion is taking place, albiet no discernible progress having been made thus far..

[-] 1 points by TitusMoans (2451) from Boulder City, NV 2 years ago

You might want to wait till after the November election before you draw any sweeping conclusions about the mood of the country.

The Republican plan is to bully, cheat, and rob the workers while giving tax breaks and incentives to the 1%. The Democrats aren't much better, but at least they mouth the right words. The real solution is the OWS motto: worldwide revolution.

[-] 1 points by beautifulworld (19202) 2 years ago

Steve2002? Old moniker of yours?

[-] 1 points by MattLHolck (16833) from San Diego, CA 2 years ago

Obama should open a public healthcare system

this should engage construction and provided many with health service jobs

while not shilling out extra money to private insurance companies

.

He can also create public energy plants so the people are not under the thumb of energy monopoly private industry

[Removed]

[-] 1 points by shoozTroll (17632) 2 years ago

Silly child. This must be your first major recession.

Funny how they all get underway in (R)epelican't administrations.

At least since the 50s.

[-] -3 points by chatman (-478) 2 years ago

recession? I thought this was the great depression II lol!!!

[-] 1 points by geo (2638) from Concord, NC 2 years ago

The only thing keeping it from being the Great Depression 2.0 is the social safety nets in place. If unemployment rose to a real 25% then yeah it would be a repeat.... however if the GOP gets their way with Federal Budget cuts, all of those lost Federal jobs might push us over the edge.

[-] 1 points by geo (2638) from Concord, NC 2 years ago

You really think we are going to pull out of a $15 Trillion dollar hole, with just $800 Billion invested to spark the economy overnight? This is a long haul recovery.

[-] -3 points by chatman (-478) 2 years ago

yea - and what is your leader doing about it? what is his plan?

[-] 3 points by flip (6432) 2 years ago

are we in a depression like the one gwb started?

[-] -2 points by chatman (-478) 2 years ago

that's your answer to what is Obama's plan lol?

[-] 3 points by flip (6432) 2 years ago

oh, i didn't realize how this worked - you don't have to respond directly to my points but i have to respond to yours - actually i thought i did - didn't vote for our president - haven't in 20 years. now can you try to follow the discussion - i have told you this already. ok, you sure have to admit that the economy is better now than in january 2009. can you admit that - come on - you can right - 8 years of your boys and that is what we got - two wars and the worst meltdown in 80 years - nice - as i said before you should find a different line of work - you are not good at this - fish in a barrel is what this feels like!

[-] -2 points by chatman (-478) 2 years ago

hahaha! yea - things are better. I agree - lets keep things going the way they are. No problem. So why the occupation then?

[-] 2 points by flip (6432) 2 years ago

well we have needed an occupy movement since the founding of the country - and we have had many - don't you agree - jefferson said "god, help this country if there is not a revolution every 20 years" hahaha - is this your full time job?

[-] -1 points by hchc (3297) from Tampa, FL 2 years ago

Things are better, slightly. Printing trillions and dumping them everywhere will do that.

That being said, the problems in this country were caused by both of these parties, and anyone who thinks either one, if given all the power, would fix it, is living in a dream land.

[-] 2 points by geo (2638) from Concord, NC 2 years ago

First he isn't my leader, second he will do what the GOP would do.... nothing further.

[+] -4 points by chatman (-478) 2 years ago

really? He wants to implement the Ryan plan? wow - that's news to me. You still haven't told me your plan by the way lol!

[-] 2 points by geo (2638) from Concord, NC 2 years ago

Sure I have,but in another thread.... guess I made that much of an impression on you that you forgot.

I would go the FDR route and ramp up to rebuild our infrastructure which is in great need of renovation, including rail lines. We need jobs and now not yesterday but now.

The Ryan plan eliminates existing jobs with no plan as to what happens to those displaced workers or money lost to the economy that these jobs supported. The Private Sector doesn't have the capacity to absorb this huge a number in loss jobs caused by Federal Budget cuts. It's a loser.

So in hind sight Obama doing nothing is better than the GOP trashing the economy further through job elimination.

[-] -1 points by chatman (-478) 2 years ago

how did the private sector lose jobs due to federal budget cuts? what budget cuts? the federal government is spending more than it ever has before? something like 3.6 trillion dollars a year of which 1.5 is borrowed.

[-] 2 points by geo (2638) from Concord, NC 2 years ago

Federal Budget cuts means layoffs of Federal workers in whatever department gets cut. Not hard to follow. If the Ryan plan is allowed to be implemented that is exactly what will happen. Higher unemployment.

[-] -2 points by chatman (-478) 2 years ago

what's your plan? I guess keep going the way we are going because you dont have a plan.

[-] 2 points by geo (2638) from Concord, NC 2 years ago

Deja Vu? Didn't we go through this 3 posts up when you asked the same question and I presented a plan? I guess bots can't read.

[-] 1 points by MattLHolck (16833) from San Diego, CA 2 years ago

we dump so much money into private weapons companies

[-] -1 points by chatman (-478) 2 years ago

how much?

[-] 1 points by MattLHolck (16833) from San Diego, CA 2 years ago

not figuring that out right now

yep US only has 41%

World Military budget in Billions (percent total)

  • 1,630 World Total
  • 711 United States 41%
  • 143 China 8.2%
  • 71.9 Russia 4.1%
  • 62.7 United Kingdom 3.6 %
  • 62.5 France France 3.6%
  • 54.5 Japan Japan 3.3&
  • 48.2 Saudi Arabia Saudi Arabiaz 2.8%
  • 46.8 India India 2.5%
  • 46.7 Germany Germanyy 2.8%
  • 37.0 Italy Italyy 2.3%

http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures


Global Arms Sales By Supplier Nations

39% United States

18% Russia

8% France

7% United Kingdom

5% Germany

3% China

3% Italy

11% Other European

5% Others

http://www.globalissues.org/article/74/the-arms-trade-is-big-business#GlobalArmsSalesBySupplierNations

[-] -1 points by chatman (-478) 2 years ago

how much is that in dollars? and that is the cause of the deficit? Sounds like a decent stimulus plan no lol!?

[-] 1 points by MattLHolck (16833) from San Diego, CA 2 years ago

destruction cannot be profitable

it only destroys goods, properties and people

war is used to take from others

it produces nothing on it's own

[-] -1 points by chatman (-478) 2 years ago

what's that dollar figure again?

[-] 2 points by MattLHolck (16833) from San Diego, CA 2 years ago

I think it involves getting others to do work for them

[-] -1 points by chatman (-478) 2 years ago

what figures are you waiting on me for?

[-] -1 points by chatman (-478) 2 years ago

so no dollar figure? ok - I have my answer.

[-] 2 points by MattLHolck (16833) from San Diego, CA 2 years ago

I'm waiting for your figures

[-] 1 points by francismjenkins (3713) 2 years ago

Without a stable financial sector, robust growth will be challenging, and we won't have a stable financial sector unless we enact new regulations (or restore the ones we've dismantled). We won't have robust growth in this new technologically advanced world, unless we become a technologically advanced people, which can only happen through education. It will also be difficult to induce robust growth unless we have a healthy population, with adequate access to good nutrition and healthcare. We already know what the republicans will do about these problems, either nothing or make them worse. What is Obama's plan? I'm sure he'll develop a detailed plan in the coming months (I guess it might be good strategy to hold off on releasing a detailed plan, until you absolutely have to, in order to accumulate as much data as possible).

[-] -1 points by toonces (-117) 2 years ago

Obama will develop a detailed plan in a couple months? He has had four years (three of wich he was in office, two of which he had a Democrat controlled Senate and House. I will look forward to the new hopey, changey, planny election campaign he will embark on. Do you suppose we will get to hear Obysmal say that he HOPES nothing will CHANGE and Michelle will be able to PLAN a new vacation?

[-] 3 points by brightonsage (4494) 2 years ago

Explain that Senate control thing again? I thought it meant that after you subtract the blatant opposition (GOP) and the subversive opposition (Nelson, Lincoln, and their ilk) you count the number required to defeat a filibuster (I believe 60) that is what is called control. Characterizing something different from that is what is correctly called a lie.

[-] -2 points by toonces (-117) 2 years ago

58 dems 41 reps... Dems control the senate.

[-] 1 points by XenuLives (1645) from Charlotte, NC 2 years ago

No they don't. They're 2 votes short of forcing any legislation through, since the GOP will just filibuster anything that they didn't propose, like the Violence Against Women Act.

[-] -2 points by toonces (-117) 2 years ago

Either party will name an act anything to make it sound like you are a monster if you don't support it. Read the bill and you will probably find that the "Don't Boil Living Baby Bunnies In Oil Act" has more to do with being able to surveil unsuspecting citizens than it does with frying infant rabbits.

[-] 1 points by XenuLives (1645) from Charlotte, NC 2 years ago

What part of the Violence Against Women Act has to do with surveillance?

[-] -3 points by toonces (-117) 2 years ago

I don't know. What does the Health Care act have to do with sales of gold?

[-] 0 points by XenuLives (1645) from Charlotte, NC 2 years ago

I have no clue what you're talking about. Link please.

[-] -1 points by toonces (-117) 2 years ago

An amendment that did not get much notice in the health care legislation will bring government scrutiny to gold and silver coin dealers and all those who sell coins and bullion.... http://blogs.marketwatch.com/fundmastery/2010/07/21/gold-coins-face-irs-scrutiny/

Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.... http://abcnews.go.com/Business/gold-coin-dealers-decry-tax-law/story?id=11211611#.T5_Bq2G1mSo

Government Admits Health Care Bill is a "Tax" ... Oh, and the Bill Tracks and Taxes Physical Gold Transactions... http://georgewashington2.blogspot.com/2010/07/government-admits-health-care-bill-is.html

Passage by Congress of the national health care legislation has had an unintended consequence to the nation’s coin collectors, vest-pocket dealers who buy and sell coins, and larger dealers who are frequent buyers of coins that collectors periodically liquidate as they trade up their collections for better coins, or simply sell to take a small profit or loss... http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=11843

[-] 0 points by XenuLives (1645) from Charlotte, NC 2 years ago

I see. I did not know that was added to the bill.

This brings to light a pet peeve that I have with Congress. Why are we adding things that are not related to these bills? I want a provision to force each bill to cover only one issue at a time, instead of ending up with these hundreds-pages long documents that are filled with random additions like this.

[-] 1 points by francismjenkins (3713) 2 years ago

One thing is just as certain Washington won't do anything without being pushed, all the cheezy partisan bullshit that's par for the course of election season (let the quibbling of the chicken heads begin).

[-] -3 points by chatman (-478) 2 years ago

"we won't have a stable financial sector unless we enact new regulations (or restore the ones we've dismantled)." What was that democrats's wet dream called Dodd - Frank lol!? I thought that was supposed to fix everything no?

[-] 2 points by brightonsage (4494) 2 years ago

Might have been but for being watered down by Republitards.

[-] -3 points by chatman (-478) 2 years ago

the dems passed dodd frank when they had total conrol. what are you talking about?

[-] 2 points by brightonsage (4494) 2 years ago

I watched the whole thing (C-SPAN.) The house accepted a number of GOP dilutions. Even some from Bachman. They were still trying to "work" with the unworkable. And then the Senate?

Explain that Senate control thing again? I thought it meant that after you subtract the blatant opposition (GOP) and the subversive opposition (Nelson, Lincoln, and their ilk) and you count the number left that is required to defeat a filibuster (I believe 60) that is what is called control. Never had it.

Characterizing something different from that is what is correctly called a lie.

[-] -3 points by chatman (-478) 2 years ago

who signed the bill into law? The house was controlled by the dems as well as senate. so if a filibuster was the only thing holding the thing back tough. it didn't stop you with healthcare did it? How many republicans voted for Dodd Frank?

[-] 3 points by brightonsage (4494) 2 years ago

A weak bill was better than just continuing to let the banksters rape the country unopposed as the GOP, their handmaidens wanted. Believe me their opposition to everything was duly noted.

The fact, FACT that the 1% bribed some Dems also, ALSO, should not be a source of pride to those who sold out, but at a much cheaper price. That you still don't recognize it the most amazing thing.

[-] -3 points by chatman (-478) 2 years ago

ah - those pesky 1 percenters again lol! Dodd-Frank will do nothing to solve ANY problem. All it will do is make the cost of doing business more expensive for everybody including you.

[-] 1 points by brightonsage (4494) 2 years ago

Good, it should make the cost of doing business go up. Then the businesses who are honest, innovative and hard working will drive the scammers out and we can grow the good banks, of reasonable size and in greater numbers to sustain the real rebound.

Sensing an arbitrage opportunity, some are already shifting their nefarious operations to the far east. Once they do China in, we should be able to grow manufacturing here again That has to make even you happy, right?

Banks should be our biggest export.

[-] 1 points by PublicCurrency (1387) 2 years ago

I saw Jonathan Cahn in an interview on Trinity Broadcasting last night. You should check out the video at lower right corner of this link.

http://www.theharbinger-jonathancahn.com/

The Harbinger: the Ancient Mystery that holds the secret of America's Future

The Stone Of Judgement that was placed on Ground Zero by American leaders and the ancient drama they re-enacted.

The ancient mystery that affected your savings, your bank account, your financial future, and the American and global economy

The Sign Of The Sycamore and the prophetic revelation it contains concerning Wall Street and the future of America as a superpower

The Mystery Of The Erez Tree that was lowered at the corner of Ground Zero in fulfillment of a Biblical prophecy

The Day a Vice-Presidential Candidate Uttered the ancient proclamation of judgment… on America

The Mystery Hidden At the Ground of America’s Founding & the prophetic message it contains for this hour

How The Two Greatest Collapses In Financial History each took place on the exact same day and hour, on the precise year and day ordained from ancient times

The Prophecy That Was Proclaimed To The World Spoken From Capitol Hill the day after 9/11 - and then came to fulfillment

And What is Yet To Come . . .

[-] 1 points by flip (6432) 2 years ago

and why is the economy in the shitter? should we be cutting spending like greece, ireland, spain - they seem to be doing well right? what should be done mr chatman - any thoughts?

[-] 0 points by Cvacca (-24) 2 years ago

The economy is lagging relative to norm due to uneasiness and lack of confidence in the President's and Fed policy. There is no clarity to what the new monetary moves and tax policies are going be. This is why so many corporations are sitting on cash and not investing.

[-] 2 points by flip (6432) 2 years ago

oh, that is so stupid - sorry no time to try to help you here - they are sitting on cash since they have no business - people don't have money to buy cars etc. business is making a profit by cutting jobs and raising profit margins - would you hire people if you had no reason to?

[-] 0 points by Cvacca (-24) 2 years ago

If that's true why are their revenues up, why are their profits up. You think Apple is having a hard time selling product? Auto sales - Ford just reported an excellent quarter with increasing sales so it had nothing to do with profit margins.

[-] 1 points by flip (6432) 2 years ago

you said - The economy is lagging relative to norm due to uneasiness and lack of confidence in the President's and Fed policy. There is no clarity to what the new monetary moves and tax policies are going be. This is why so many corporations are sitting on cash and not investing.- now you seem to be saying that the economy is fine - which is it? auto sales are up - to what - 14 million - down from 23 million in 2002 or so??? this is getting more stupid if possible.

[-] 1 points by Cvacca (-24) 2 years ago

There is a difference between a company selling goods and investing for the future. Ford is selling a lot of cars and making good profits but they are not building new plants which put a lot of people to work. Why are they not, because they can't forecast the budget because the man in Washington is a wild card. Everybody knows that he wants to redistribute income.

[-] 1 points by flip (6432) 2 years ago

sure he is a socialist - funded by wall street and giving the private health insurance companies 40 million new forced customers - and i am an alien from neptune. and you, do you know what you are - an idiot

[+] -4 points by chatman (-478) 2 years ago

Flip & Cvacca you are both right. Flip - you should say Cvacca is stupid - it's pretty well accepted people & businesses are apprehensive about investing due to the unfriendly business attitude & constant threatening to raise taxes, implement Obamacare, increase regulations etc. No predictability in where the market is going or what burdens the govt will be adding.

[-] 2 points by ClearTarget (216) 2 years ago

Thank you for admitting defeat. Chatman, the right wing sheep who can only whine like a petulant child on a forum that could care less about the right wing agenda. Where are your solutions oh glorious republicon?

Guess how many people would care if your worthless regurgitated banter are gone from these forums. Heres a hint: no one.

[-] -3 points by chatman (-478) 2 years ago

more childish insults - another indication you are out of answers.

[-] 2 points by ClearTarget (216) 2 years ago

More childish deflections - another indication you are out of answers. Thank you for admitting defeat once again.

[-] 2 points by flip (6432) 2 years ago

mostly right wing nonsense - we own two businesses - if we have more customers we spend money and hire workers - it is just like investing in stocks etc - if you can make money you are happy to pay the tax

[+] -4 points by chatman (-478) 2 years ago

how much tax are YOU wiling to pay ?

[+] -4 points by chatman (-478) 2 years ago

cut like the euros are. They are not in trouble because of the cutting - they were in trouble BEFORE the cutting remember? Now they are trying to work themselves out of the trouble Geezzz! Apply the same principles to your household. If you run up your credit cards so the balance is the same or more than your annual income - what do you do to try & fix the problem?

[-] 3 points by flip (6432) 2 years ago

boy are you stupid - i do not have a printing press in my basement - do you. households and governments are different - you can understanmd that right? europe is tanking as i write this. banking crisis started things off but now things are slumping because of cutting gov't spending. listen to the business channel and you will hear some discussion of this. you can learn how the economy works but it will take time and effort not religious thinking

[-] -3 points by chatman (-478) 2 years ago

yea - and the printing press is what is devaluing the dollar. So explain it to me - how does raising taxes & government spending grow the economy? Walk me through it .

[-] 2 points by flip (6432) 2 years ago

right, the devalued dollar will ruin us - look to history - we are a much richer country than 1935 when a loaf of bread was 5 cents - it cannot be that inflation will ruin us since we have had it for centuries and we are richer now - please explain! you refuse to understand that governments with their own currency and households are completely different entities. if we spend money now (the money we get from the rich - tax rates 70%) on reducing our dependence on oil we will see big savings down the road. in the same way a business or household can take out loans and buy equipment or education that will pay for itself and more. this is especially true when you are that gov't with your own currency! you can loan yourself the money - wow - what a good deal! happening right now as we speak - where is the fed getting the money to buy bonds?? i already walked you through it but no point in beating a dead horse - and you are the horse - that is the nicest way i can put it.

[-] -3 points by chatman (-478) 2 years ago

we managed to grow our way out of trouble. If you dont increase GDP you arent going anywhere but down the tubes. The way things are going - unless something changes - we are headed down the tubes. what do you think will happen if we continue to run 1.5 trillion dollar deficits every year in perpituity? what do you think will happen if the debt were say 25 trillion ? Work it out for me.

[-] 4 points by flip (6432) 2 years ago

why do i have to work all of these things out for you - can't you do it yourself. so far we have covered a fair amount of ground so you have some knowledge behind you. first of all tell me about japan - how long have they been at this - now you work that one out - should be easy with google. secondly, you are right, we are going down the tubes - most of the world also. our society is built on cheap oil and abundant resources and we are running out! google "time to wake up investors" by jeremy grantham - that should give you a good handle on things. our only hope is to spend paper dollars now on real resources that will help us down the road. if you are at all serious (and not just a free market zealot) i can get you lots of info - might help you in the long run. that should do it for our silly economic debate - look to the history of ww2 and how it was done then - very much like today - fed loans money to banks and they buy bonds and we built tanks! this time around i would say we shouldn't be building tanks and ships but solar plants and smart grids - maybe high speed rail while we are at it! people have jobs and money and the economy grows - just like ww2 but now $300 oil will put an end to that!

[-] -3 points by chatman (-478) 2 years ago

Because you are the one who thinks high taxes grow the economy. So walk me through it - educate me explain how that works.

[-] 3 points by flip (6432) 2 years ago

i have done enough - maybe you didn't read my answer when you asked me the same question before - go find it and reread it - do it now! look to ww2 - fed gives money to the banks, they buy bonds and the gov't builds tanks etc. people have good jobs - wages are rising - people spend money and the economy booms - do you see anything we need now that we could rebuild - the nyc water system perhaps or high speed rail or .... you can figure it out now can't you?

[-] -1 points by chatman (-478) 2 years ago

so basically you want more stimulus money so the govt can centrally plan the economy instead of the people. great. good luck with that.

[-] 3 points by flip (6432) 2 years ago

thank you - for sure better than your idea -do you have one? i hope you are not being paid to do this disruptive work - you are really not good at it!

[-] -2 points by chatman (-478) 2 years ago

yea - I am with the Ryan plan or Simpson-Bowles. If it were up to me I would make even deeper cuts. you just want to siphon off money from private sources & funnel them thru the government to let them spend it. That is the most inefficient wasteful use of Capital & everybody knows it. you want to make the government more powerful because somehow you think that is beneficial to you.

[-] 2 points by flip (6432) 2 years ago

you have no idea what i think but you don't think at all - or at least you cannot see what is happening around you and you certainly do not know history! look at europe on your plan - are they doing well - cutting has done great things for the irish economy no (to say nothing of spain!)?? the private sector (your beloved free market) crushed the economy around the world and almost sank it for good until governments came to the resuce. your boys loved government spending then didn't they - paulson, bush and the boys. you are a fool! and your answer for how we got out of the depression and government spending then? come on, time to grow up and look at the world as it is, not how you want it to be. stop repeating talking points and join a real discussion on what the country needs - certainly not the gop plan - read about the depression and the debates of that time - educate yourself.

[-] 2 points by DKAtoday (27542) from Coon Rapids, MN 2 years ago

It is already been done it is called current business practice - look at the meltdown and you see the effect of current practice.

[-] -3 points by chatman (-478) 2 years ago

and what is the current practice? describe it for me.

"it is already been done" - past tense.

"current business practice" - present tense. make up your mind

[-] 1 points by gnomunny (6287) from St Louis, MO 2 years ago

Plan? Hell, he finds those numbers "encouraging." Despite almost a full point drop from the quarter before. Our politicians seem to have a clear disconnect with reality.

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 2 years ago

I think it's closer to the truth that they know; soon it won't matter.

[-] 1 points by gnomunny (6287) from St Louis, MO 2 years ago

At the risk of plagiarizing one of your trademarks, . . . . word! ;-)

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 2 years ago

:D sweet

[Removed]

[-] 0 points by hchc (3297) from Tampa, FL 2 years ago

Same as the Republicans- keep interest rates low and develop foreign markets.