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01-30-2013, 05:14 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Economy Shrinks -0.1%
Commerce Department reports the economy SHRUNK in the final quarter of last year. Negative growth!
All of this talk about the economy is making a comeback, that it's improving, that things are good is...............hooey.
Of course we have been trying to warn everyone you can't spend your way out of debt. You can't keep printing money to "stimulate" the economy. You can't keep taxing people, job creators, business owners AND the middle class (we all have seen our take home pay go down as taxes have increased). You can't grow the government with huge takeovers like Obamacare. You can't continue to create uncertainty among the wealthy, the investors, the job creators and expect them to hire more employees, expand their businesses, research and develop new products and grow their business or investments.
This is Obama's economy---blaming Bush, the GOP has a shelf life. At some point our Chief Executive HAS to own this economy and accept responsibility. At some point the buck HAS to stop with him!
It was reported that this is the worst economic recovery in the HISTORY of the US! Horrible!
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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01-31-2013, 12:25 PM
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Banned
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Join Date: Jun 2012
Posts: 540
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Re: Economy Shrinks -0.1%
Quote:
Originally Posted by deacon blues
Commerce Department reports the economy SHRUNK in the final quarter of last year. Negative growth!
All of this talk about the economy is making a comeback, that it's improving, that things are good is...............hooey.
Of course we have been trying to warn everyone you can't spend your way out of debt. You can't keep printing money to "stimulate" the economy. You can't keep taxing people, job creators, business owners AND the middle class (we all have seen our take home pay go down as taxes have increased). You can't grow the government with huge takeovers like Obamacare. You can't continue to create uncertainty among the wealthy, the investors, the job creators and expect them to hire more employees, expand their businesses, research and develop new products and grow their business or investments.
This is Obama's economy---blaming Bush, the GOP has a shelf life. At some point our Chief Executive HAS to own this economy and accept responsibility. At some point the buck HAS to stop with him!
It was reported that this is the worst economic recovery in the HISTORY of the US! Horrible!
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Last month we were still operating under the BUSH tax cuts. Also the GOP is fighting him at every turn. So ya. Its Obama's fault.
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01-31-2013, 12:27 PM
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Registered Member
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Join Date: Jul 2009
Location: North of the Rio Grande
Posts: 2,814
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Re: Economy Shrinks -0.1%
It would not matter for that O slacker, he will never take responsibility for the economy, ever!
Unless it is good!
__________________
WHO IS BREXIT AND IS HE A TRINITARIAN?- James LeDeay 10/30/16
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01-31-2013, 12:33 PM
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Banned
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Join Date: Jun 2012
Posts: 540
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Re: Economy Shrinks -0.1%
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Originally Posted by Monterrey
It would not matter for that O slacker, he will never take responsibility for the economy, ever!
Unless it is good!
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Now the Bush tax cuts are gone (not as far gone as I would like), Obamacare is almost fully implemented, and he is in his second term. With all this, weather he wants to admit it or not, the economy is his. It would help if the GOP didnt fight him at every turn.
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01-31-2013, 12:38 PM
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Renewed
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Join Date: Oct 2007
Location: Arkansas
Posts: 5,432
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Re: Economy Shrinks -0.1%
Quote:
Originally Posted by odooley6985
Now the Bush tax cuts are gone (not as far gone as I would like), Obamacare is almost fully implemented, and he is in his second term. With all this, weather he wants to admit it or not, the economy is his. It would help if the GOP didnt fight him at every turn.
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I agree.
It's going to crash.
GOP is just delaying the inevitable.
Wish they would give him his way.
Then his ignorance will be obvious and we can get on our way back to a real recovery.
__________________
You can't reach the world with your talents. People are sick and tired of religious talents. People need a Holy Ghost annointed church with real fruits to reach out and touch their lives. ~ Pastor Burrell Crabtree
In fact I think that the insinuation of "hateful" Pentecostals is coming mostly from the fertile imaginations of bitter, backslidden ex Apostolics who are constantly trying to find a way to justify their actions. ~ strait shooter
www.scottysweb.com
www.chrisscottonline.com
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01-31-2013, 12:33 PM
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Renewed
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Join Date: Oct 2007
Location: Arkansas
Posts: 5,432
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Re: Economy Shrinks -0.1%
And unemployment went back up.
They proudly paraded the dropping unemployment during the holidays.
Like the stores that needed extra help were actually going to keep that help.
Oh, and they touted the news release yesterday,
"Personal income rose in December for the first time since 2004"
Ha ha
Today the truth is told.
The numbers show that this was due to people cashing in their dividends, bonuses, and other misc. income before the taxes hit Jan 1.
We are going down folks.
This year is not going to be pretty.
__________________
You can't reach the world with your talents. People are sick and tired of religious talents. People need a Holy Ghost annointed church with real fruits to reach out and touch their lives. ~ Pastor Burrell Crabtree
In fact I think that the insinuation of "hateful" Pentecostals is coming mostly from the fertile imaginations of bitter, backslidden ex Apostolics who are constantly trying to find a way to justify their actions. ~ strait shooter
www.scottysweb.com
www.chrisscottonline.com
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01-31-2013, 09:57 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Re: Economy Shrinks -0.1%
Quote:
Originally Posted by scotty
And unemployment went back up.
They proudly paraded the dropping unemployment during the holidays.
Like the stores that needed extra help were actually going to keep that help.
Oh, and they touted the news release yesterday,
"Personal income rose in December for the first time since 2004"
Ha ha
Today the truth is told.
The numbers show that this was due to people cashing in their dividends, bonuses, and other misc. income before the taxes hit Jan 1.
We are going down folks.
This year is not going to be pretty.
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At some point people with an ounce of grey matter will say, "you know what? I don't think this socialism thingy is a good idea"
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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02-01-2013, 12:25 AM
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Registered Member
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Join Date: Jul 2007
Location: AZ
Posts: 16,746
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Re: Economy Shrinks -0.1%
Quote:
Originally Posted by deacon blues
At some point people with an ounce of grey matter will say, "you know what? I don't think this socialism thingy is a good idea"
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And yet people still voted for Emperor Palpatine, errrr, I mean Emperor Obama.
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02-01-2013, 02:10 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Re: Economy Shrinks -0.1%
Quote:
Originally Posted by odooley6985
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That's like saying "Unless you are a member of the KKK or the Aryan Nation you are not a racist." Just because ultra socialists think he's not liberal enough for them, any reasonable and honest observer understands that BO is a Big Government, Nanny State, Cradl to the Grave, liberal who embraces many of the same fundamental tenets as classic socialists. Drink the Kool Aid OD, drink the Kool Aid. It contains an ingredient that keeps you blind to the truth and keeps you voting for candidates that promise hope and change but only weaken our economy and erode our Constitutional rights.
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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