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Obama Spending Binge Never Happened - Wall Street Journal

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posted on May, 24 2012 @ 02:27 PM
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Originally posted by Eurisko2012
reply to post by BritofTexas
 


Smoke and mirrors won't work.

Our Gross Debt to GDP ratio is over 100%.

It happened on Obamas watch.

---------
The American people want solutions to this current economic s t a g n a t i o n .

Fancy charts do not create jobs.

Do something constructive and stop writing - u n e n d i n g - regulations.

Your charts are a - d i s t r a c t i o n -. Nice try.

We need jobs not liberal BS.
edit on 24-5-2012 by Eurisko2012 because: (no reason given)


I couldn't agree more, we do need more jobs. That's why Obama should have spent MORE and Invested in rebuilding the infrastructure of the country.




posted on May, 24 2012 @ 02:30 PM
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reply to post by BritofTexas
 


He blew it on wonderful solutions like Solyndra. - bankrupt scandal -

We need private sector solutions.



posted on May, 24 2012 @ 02:34 PM
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Did I miss something here.... Why are there so many fake spin threads starting up????




posted on May, 24 2012 @ 02:35 PM
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reply to post by BritofTexas
 


HE talks about "rebuilding our infrastructural" in every speech, Which has not happened. BUZZZZZZZZ words are fun when you soak up commands like a sponge ....

Carry out your marching orders...



posted on May, 24 2012 @ 02:35 PM
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Originally posted by Eurisko2012
reply to post by BritofTexas
 


He blew it on wonderful solutions like Solyndra. - bankrupt scandal -

We need private sector solutions.




I must have missed the bit where Solyndra was government owned. I always thought Solyndra WAS part of the private sector?



posted on May, 24 2012 @ 02:36 PM
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Originally posted by Eurisko2012
reply to post by BritofTexas
 


We need private sector solutions.




Like cheap credit, speculation and Bubbles?

No thanks,


We need main street solutions and we need government to keep Wall Street in it's place



posted on May, 24 2012 @ 02:36 PM
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reply to post by LeoStarchild
 


It's just another - d i s t r a c t i o n -.

You will see many more between now and November 2012.



posted on May, 24 2012 @ 02:37 PM
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Originally posted by LeoStarchild
reply to post by BritofTexas
 


HE talks about "rebuilding our infrastructural" in every speech, Which has not happened. BUZZZZZZZZ words are fun when you soak up commands like a sponge ....

Carry out your marching orders...


They are fixing the freeway and the bridge outside my building.

I can hear it happening now.



posted on May, 24 2012 @ 02:37 PM
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Originally posted by BritofTexas
I couldn't agree more, we do need more jobs. That's why Obama should have spent MORE and Invested in rebuilding the infrastructure of the country.


Awww, don't be so hard on your boy. He spent as fast as he could. It just turns out that some of those shovel-ready projects weren't as shovel-ready as he thought.

I already read your article, but what you and the author fail to grasp is that spending is only half the picture. Go find an economics 101 book and we can pick up the conversation from there.

In the meantime, maybe you can understand pictures better than words? (note: you'll have to scroll to the right to see Obama's damage.)




posted on May, 24 2012 @ 02:37 PM
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Originally posted by LeoStarchild
reply to post by BritofTexas
 


HE talks about "rebuilding our infrastructural" in every speech, Which has not happened. BUZZZZZZZZ words are fun when you soak up commands like a sponge ....

Carry out your marching orders...


You're right. So far he's messed that one up. Just like health care. That should have been single payer.



posted on May, 24 2012 @ 02:40 PM
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Originally posted by Beanskinner

Originally posted by Eurisko2012
reply to post by BritofTexas
 


We need private sector solutions.




Like cheap credit, speculation and Bubbles?

No thanks,


We need main street solutions and we need government to keep Wall Street in it's place


We need the price of gas at $2.50 a gallon. - More cash for consumers -

We need a Tax Repatriation Holiday. That will bring $$$ billions back to the USA.

We need fewer regulations that are killing small businesses.

--------
We also need fewer deceptive graphs that don't create a single job.



posted on May, 24 2012 @ 02:41 PM
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Originally posted by AnonymousCitizen

Originally posted by BritofTexas
I couldn't agree more, we do need more jobs. That's why Obama should have spent MORE and Invested in rebuilding the infrastructure of the country.


Awww, don't be so hard on your boy. He spent as fast as he could. It just turns out that some of those shovel-ready projects weren't as shovel-ready as he thought.

I already read your article, but what you and the author fail to grasp is that spending is only half the picture. Go find an economics 101 book and we can pick up the conversation from there.

In the meantime, maybe you can understand pictures better than words? (note: you'll have to scroll to the right to see Obama's damage.)




Tax revenue too LOW under Obama?

Yep. He should RAISE them. I'm with you on that.



posted on May, 24 2012 @ 02:47 PM
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Originally posted by BritofTexas
Yep. He should RAISE them. I'm with you on that.


We don't quite seem to see eye to eye on this issue most every issue. But I do like your sense of humor!

I didn't know they sold Kool-aid in six packs.



posted on May, 24 2012 @ 02:47 PM
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reply to post by BritofTexas
 


- Spending too high -

Shut down the Department of Education.

Repeal Dodd Frank.



posted on May, 24 2012 @ 02:50 PM
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Originally posted by Eurisko2012
reply to post by BritofTexas
 


- Spending too high -

Shut down the Department of Education.



Yes. It did let you down didn't it.



posted on May, 24 2012 @ 02:53 PM
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Originally posted by AnonymousCitizen

Originally posted by BritofTexas
Yep. He should RAISE them. I'm with you on that.


We don't quite seem to see eye to eye on this issue most every issue. But I do like your sense of humor!

I didn't know they sold Kool-aid in six packs.


I doubt we will ever see eye to eye on a lot of things.

As to Cool Aid. I believe they actually sell it in Party 7s now.



posted on May, 24 2012 @ 02:54 PM
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interesting

doesn't congress spend the money anyway ?

I bet the GOP will try to spin this for boehner if true ?



posted on May, 24 2012 @ 02:55 PM
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Originally posted by AnonymousCitizen

Originally posted by BritofTexas
I couldn't agree more, we do need more jobs. That's why Obama should have spent MORE and Invested in rebuilding the infrastructure of the country.


Awww, don't be so hard on your boy. He spent as fast as he could. It just turns out that some of those shovel-ready projects weren't as shovel-ready as he thought.

I already read your article, but what you and the author fail to grasp is that spending is only half the picture. Go find an economics 101 book and we can pick up the conversation from there.

In the meantime, maybe you can understand pictures better than words? (note: you'll have to scroll to the right to see Obama's damage.)




I minored in economics...

Did you happen to notice that the spike occurred when the economy crashed?

The is due to reduced tax revenue, Bailouts, and Stimulus -

That entire upshift is due to the events which culminated in fall of 2008.

In fact, that rise in debt should be equal to the amount of economic activity that was lost

when jobs and investments funds evaporated at the end of 43's presidency and the

beginning of 44's. This economy is great shape when you consider what happened, because

this country should have been striped of being the barer of the Global Reserve currency.

The only thing that saved us was the fact that the entire world fed into the same derivatives

scheme, which hollowed out similar economies by almost the same measure.



posted on May, 24 2012 @ 02:59 PM
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Originally posted by Eurisko2012

Originally posted by Beanskinner

Originally posted by Eurisko2012
reply to post by BritofTexas
 


We need private sector solutions.




Like cheap credit, speculation and Bubbles?

No thanks,


We need main street solutions and we need government to keep Wall Street in it's place


We need the price of gas at $2.50 a gallon. - More cash for consumers -

We need a Tax Repatriation Holiday. That will bring $$$ billions back to the USA.

We need fewer regulations that are killing small businesses.

--------
We also need fewer deceptive graphs that don't create a single job.


Gas prices proceeding the crash were at $4.50 in Northern California.

They are about the same now, that is the price the market is sustaining when the

DOW is above 12,000

I agree on smaller regulations on small businesses, I believe in MORE regulations

with banks, insurance and multi national corporations



posted on May, 24 2012 @ 03:07 PM
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Originally posted by Indigo5
A graphic to help...

Specifically, this graph is about the RATE of spending increased. This is similar to looking at acceleration to determine the speed. Yes, Obama DECELERATED the spending rate, but that does not automatically make the actual amount he spent less than anyone else's. That's just as far as this graph is concerned. Pretty graphs can show the wrong information.






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