02-27-2013, 09:43 AM
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#21
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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Would that be true for your statement as well?
Go ahead define what you would consider better or worse off.
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"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-27-2013, 09:49 AM
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#22
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 23,933
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Quote:
Originally Posted by gator996
Would that be true for your statement as well?
Go ahead define what you would consider better or worse off.
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We have to reach some type of growth that far exceeds 3% with a downward trend on the national debt and I would consider that a success.
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02-27-2013, 10:00 AM
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#23
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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Well, exactly what are you looking for in growth?
The USA hasn't been +4% since 2000.
http://data.worldbank.org/indicator/...P.KD.ZG?page=2
We would do 3.1% this year without the spending cuts enacted from the BCA.
Obama's budget plan & "big deal" from 2011 would have stabailized the debt and would have bent it down as a % of GDP.
Revenues & spending cuts can make your 2nd criteria happen.
__________________
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"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-27-2013, 10:01 AM
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#24
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VIP Member
Join Date: Apr 2007
Posts: 55,468
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996-let's see where we are in 24 months-and we will see if prezbo has gotten us anything or anywhere better
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And that's a First Down!
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02-27-2013, 10:08 AM
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#25
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 23,933
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Quote:
Originally Posted by gator996
Well, exactly what are you looking for in growth?
The USA hasn't been +4% since 2000.
http://data.worldbank.org/indicator/...P.KD.ZG?page=2
We would do 3.1% this year without the spending cuts enacted from the BCA.
Obama's budget plan & "big deal" from 2011 would have stabailized the debt and would have bent it down as a % of GDP.
Revenues & spending cuts can make your 2nd criteria happen.
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First of all you don't know that because nobody has a crystal ball and anything can happen. Secondly, if the most you can hope for is 3.1% that is not good. That maybe keeps up just with population growth. Your best hopes of spending cuts aren't going to come from Obama.
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02-27-2013, 10:24 AM
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#26
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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The growth estimate for 2013 was 3.1%...you don't need a crystal ball they publish these things now..
BCA has already made institutions revise those estimates
like I said if you use that interactive chart I linked to...we haven't had 4% growth since 2000.
That was the end of the tech bubble...
What makes you think growth can match that period any time soon?
Not sure what GDP growth keeps up (???) with population growth.
Mixing job creation data with GDP growth?
Your parameters of "success" are a little unrealistic, no?
BTW -
Do you know how much Obama has lowered the deficit?
Do you know how much Obama has agreed to in spending cuts?
__________________
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"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-27-2013, 10:32 AM
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#27
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 23,933
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Quote:
Originally Posted by gator996
The growth estimate for 2013 was 3.1%...you don't need a crystal ball they publish these things now..
BCA has already made institutions revise those estimates
like I said if you use that interactive chart I linked to...we haven't had 4% growth since 2000.
That was the end of the tech bubble...
What makes you think growth can match that period any time soon?
Not sure what GDP growth keeps up (???) with population growth.
Mixing job creation data with GDP growth?
Your parameters of "success" are a little unrealistic, no?
BTW -
Do you know how much Obama has lowered the deficit?
Do you know how much Obama has agreed to in spending cuts?
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If I were you I would hope that we do not have another qtr of contraction or we are back in recession.
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02-27-2013, 10:36 AM
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#28
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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Well, I suppose that's EXACTLY what Boehner & McConnell are thinking and why they've fought every effort to spur job growth....
__________________
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"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-27-2013, 10:49 AM
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#29
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Join Date: Apr 2007
Location: Big Apple
Posts: 14,453
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I cannot say with any authority about whether the president and D party could do better given the climate, but I can say that they have tried and are trying
Can any conservative say that the Republican Party has tried during the last 4 years to do anything substantively to get the economy out of the immediate ditch we were in?
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02-27-2013, 11:05 AM
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#30
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 23,933
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Quote:
Originally Posted by gator996
Well, I suppose that's EXACTLY what Boehner & McConnell are thinking and why they've fought every effort to spur job growth....
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The problem is there was no policy brought forth to spur on any job growth. All there was were more spending legislation and nothing more. I mean you remember shovel ready right. All that was being shoveling was horse manure.
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02-27-2013, 11:09 AM
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#31
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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The infrastructure bank isn't a job growth bill?
That's a republican idea now being blocked by the House GOP.
__________________
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"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-27-2013, 11:27 AM
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#32
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 23,933
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Quote:
Originally Posted by gator996
The infrastructure bank isn't a job growth bill?
That's a republican idea now being blocked by the House GOP.
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I'll say it again, shovel ready was supposed to be about jobs as well. The infrastructure bank is more spending.
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02-27-2013, 03:30 PM
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#33
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Premium Member
Join Date: Apr 2007
Posts: 1,121
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Quote:
Originally Posted by gator996
How long did it take to recover from the Great Depression?
The global economy is sputtering...is that Obama's fault also?
Europe who ran to austerity is in further recession (again).
The GOP has undermined the economic recovery for political survival
After losing 5 of the last 6 presidential elections...its all they have.
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Acxtually there was another recession in 1937. The point was after all that FDR tried, it was WW II that ended the Great Depression.
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02-27-2013, 03:39 PM
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#34
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Heisman Winner
Join Date: Apr 2007
Location: The ATL
Posts: 5,281
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This just in: government that just cut low and middle income budgets by 2% will die if it has own budget cut by 2%.
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All your trophy are belong to us
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02-27-2013, 03:49 PM
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#35
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Junior
Join Date: Sep 2008
Posts: 478
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Quote:
Originally Posted by gator996
Well, I suppose that's EXACTLY what Boehner & McConnell are thinking and why they've fought every effort to spur job growth....
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What REAL job growth policies has there been for Boehner and McConnell fought against??
and to 108 who against is trying to throw blame back on repubs. Hey after 2006 it was a DEM controlled congress if you want to play that game. On top of that Obama has already been apart of over 6 trillion additional debt that has NOT IMPROVED A DAMN THING. What has all this spending done?!? nothing and you cant hide from the truth because at the end of the day that is all that matters!
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02-28-2013, 09:53 PM
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#36
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Premium Member
Join Date: Apr 2007
Posts: 12,134
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I tell you sometimes liberals really define the word clueless. I told you a year ago and then again every 3 months since then that the only reason our economy looks ok is because of the infusion of funny money. The Fed currently pumps $85 Billion EVERY month which the markets love. The problem is we can't sustain this for much longer and once Bernake stops the infusion and raise interest rates, that's when the market falls. How much no one knows but Bernake has no ammo for the eventual pullback since he's used it all up.
We've printed more money the last 4 years than the EU has pumped into their economy - remember the EU here, not some podunk Greece. Even with the printing presses going full bore, we are barely treading water. The weakest recovery since the GD - with an infusion of cash each month that is equal to sequestration.
__________________
"I am a Republican, a black, dyed in the wool Republican, and I never intend to belong to any other party than the party of freedom and progress" - Frederick Douglass, lived a slave, died a statesman, and 1st Black Presidential candidate
http://www.rainydaypatriots.org/
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02-28-2013, 10:03 PM
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#37
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Gator Country Silver
Join Date: Apr 2007
Posts: 9,166
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Quote:
Originally Posted by surfn1080
What REAL job growth policies has there been for Boehner and McConnell fought against??
and to 108 who against is trying to throw blame back on repubs. Hey after 2006 it was a DEM controlled congress if you want to play that game. On top of that Obama has already been apart of over 6 trillion additional debt that has NOT IMPROVED A DAMN THING. What has all this spending done?!? nothing and you cant hide from the truth because at the end of the day that is all that matters!
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Go read the OP...
You post your drivel without even looking at the OP???
No wonder your answers look they way they do.
Son, the major bullet points are right there....
Reading is Cool.
__________________
.
"We want to be the fastest team in America, fast teams win."
"This is why we spend so much time recruiting because you need playmakers. You need difference makers."
Urban Meyer, Former Head Coach Univ. of Fla.
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02-28-2013, 10:10 PM
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#38
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Heisman Candidate
Join Date: Apr 2007
Posts: 2,826
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Good post, RealGator. An earlier posted said "Well, I suppose that's EXACTLY what Boehner & McConnell are thinking and why they've fought every effort to spur job growth...."
Read more: http://www.gatorcountry.com/swampgas...#ixzz2MFlQkL5s
The typical example of an "effort to spur job growth" is the TEMPORARY Federal Government cash infusion to:
1. Hire teachers (for a year, then local governments must shoulder burden).
2. Hire "first responders" again -for a year; then, local governments.
3. Train to Tampa - FED Gov't offers 5 billion to help build it - then it's up to the I-4 corridor to maintain it and keep it going. Gillette made billions GIVING people the razor so they had to buy their blades...Fed Gov't does the same w/ votes.
4. Healthcare exchanges - again, some states are saying "no thanks" because Fed Gov't offers the up front help....then is long gone when the ongoing work needs to be done.
Why don't we just print 20 Trillion dollars a month and hand it out to the folks? - that's over $60,000 for every person in the USA per month! - everyone will pay 39.6% tax rate so Fed gets much of its money back - everyone is soon a millionaire (or dead from drug addiction) and the economy will be booming with average homes costing $1 million and money flowing everywhere!!! This is a limit to the madness - and we will know where it is when it is too late.
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02-28-2013, 10:14 PM
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#39
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Premium Member
Join Date: Apr 2007
Posts: 10,230
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The GOP needs to decide what it wants. When it's in power it spends like a drunken sailor and when it's out of power it decries spending as the worst evil known to man. The dems are are at least consistent, for better or worse, people know what they are getting. You may not like it, but they are what they are.
What's more, the republicans decry spending and then claim they can fix things by not touching defense, keeping tax rates low and simply growing out of it, even though that hasn't produced a balanced budget in most of our lifetimes and has continually produced deficits. And this doesn't even address their temper tantrums at exactly the wrong times (deficit ceiling fights etc.).
The day the republicans give REAL solutions to the problems they sometimes care about is the day they will be on the road to becoming relevant again, but right now they just look lost and desperate. And nothing says this more than the fact that the dems are more trusted on the deficit despite being the spenders.
http://tv.msnbc.com/2013/02/11/obama...nomy-than-gop/
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02-28-2013, 10:36 PM
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#40
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Gator Country Silver
Join Date: Jan 2009
Posts: 9,030
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Quote:
Originally Posted by RealGatorFan
I tell you sometimes liberals really define the word clueless. I told you a year ago and then again every 3 months since then that the only reason our economy looks ok is because of the infusion of funny money. The Fed currently pumps $85 Billion EVERY month which the markets love. The problem is we can't sustain this for much longer and once Bernake stops the infusion and raise interest rates, that's when the market falls. How much no one knows but Bernake has no ammo for the eventual pullback since he's used it all up.
We've printed more money the last 4 years than the EU has pumped into their economy - remember the EU here, not some podunk Greece. Even with the printing presses going full bore, we are barely treading water. The weakest recovery since the GD - with an infusion of cash each month that is equal to sequestration.
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Tellingly, the liberal brigade has no answer for this economic reality. Even worse: if that much money is required to prop up our current economy right now--what'll it be like over the next 12-18 months when all the tax provisions in Obamacare start kicking in and depressing economic/business health even further?
And the only reason the EU hasn't been able to print money as readily as the Fed is because there's too many cooks in the economic pot and the few countries with their fiscal houses in order (Germany, the Dutch, etc) would veto (or pull out) any attempt.
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