John Purser Posted November 9, 2008 Report Share Posted November 9, 2008 http://www.mcclatchydc.com/251/story/55471.html "Employment has fallen by 1.2 million in the first 10 months of 2008; over half of the decrease has occurred in the past three months," the Bureau of Labor Statistics report says. "In October, job losses continued in manufacturing, construction and several service-providing industries." Our economy is losing jobs like this while we've got a very low fed rate, two hot wars, and we're still using the Bush "Tax Cuts". The first two are economic stimuli and the third is often hailed as one. We're already doing massive deficit spending and the fed is almost out of maneuver room. I hope they take this lame duck session and do something meaningful with it. I think waiting until January to get moving on a real solution will be a disaster. Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well-warmed, and well-fed. - Herman Melville Link to comment Share on other sites More sharing options...
Robert Williams Posted November 9, 2008 Report Share Posted November 9, 2008 I hope they take this lame duck session and do something meaningful with it. I think waiting until January to get moving on a real solution will be a disaster. You said a mouthful there. If we don't do something before the democrats get carte blanche in january, we're all going to be swimming up schittcreek with lead boots. Link to comment Share on other sites More sharing options...
New_Caster Posted November 9, 2008 Report Share Posted November 9, 2008 hey Massachusetts residents did their part they eliminated 1000+ jobs in the guise if animal safety. Link to comment Share on other sites More sharing options...
canyondiver Posted November 9, 2008 Report Share Posted November 9, 2008 You said a mouthful there. If we don't do something before the democrats get carte blanche in january, we're all going to be swimming up schittcreek with lead boots. I don't think that's what John meant Robert, but you can always keep picking at open sores if you like! Proud to be a NERB and I have the shirts to prove it!! Link to comment Share on other sites More sharing options...
Connetquot Posted November 9, 2008 Report Share Posted November 9, 2008 http://www.mcclatchydc.com/251/story/55471.html Our economy is losing jobs like this while we've got a very low fed rate, two hot wars, and we're still using the Bush "Tax Cuts". The first two are economic stimuli and the third is often hailed as one. We're already doing massive deficit spending and the fed is almost out of maneuver room. I hope they take this lame duck session and do something meaningful with it. I think waiting until January to get moving on a real solution will be a disaster. All good and correct points. I've had similar thoughts in the last week (in either case of victory) that whomever took the reigns was getting a runaway team headed for a cliff. I'm wondering when they are going to run out of rabbits (mutli-billion dollar vail outs) to pull out of the hat? The ripples from our dislocations have already caused alot of grief across the globe. What'll happen if we tank? Jeff B. "The real destroyer of the liberties of the people is he who spreads among them bounties, donations and benefits"Plutarch Link to comment Share on other sites More sharing options...
Robert Williams Posted November 9, 2008 Report Share Posted November 9, 2008 I don't think that's what John meant Robert, but you can always keep picking at open sores if you like! My bad. Re-reading it, seems he's thinking along the lines of raising taxes immediately in order to jump-start the economy. And since the dems are hell bent on applying their "tax the country into prosperity" plan, might as well take that pill and get it over with. The sooner it helps us hit rock bottom the sooner we'll have no direction but up to go. Link to comment Share on other sites More sharing options...
Plugged Posted November 9, 2008 Report Share Posted November 9, 2008 I think John is trying to stir the pot with a spoon made of BS - his simple posts proves that he lacks the basic understanding of the situation - but keep on trucking with it - say it often enough and you might actually begin to believe yourself. Link to comment Share on other sites More sharing options...
John Purser Posted November 9, 2008 Author Report Share Posted November 9, 2008 My apologies for posting on a real issue during your mourning psychosis. But as noted in my post we really can't afford to wait until you're feeling better. Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well-warmed, and well-fed. - Herman Melville Link to comment Share on other sites More sharing options...
Plugged Posted November 9, 2008 Report Share Posted November 9, 2008 or you shake the fuzz off - seriously keeping saying it enough and you might believe yourself Link to comment Share on other sites More sharing options...
Robert Williams Posted November 9, 2008 Report Share Posted November 9, 2008 My apologies for posting on a real issue during your mourning psychosis. But as noted in my post we really can't afford to wait until you're feeling better. LOL! You think the Bush tax cuts were bad for the economy and you think I'm suffering from psychosis. That's pretty humorous. Link to comment Share on other sites More sharing options...
Plugged Posted November 9, 2008 Report Share Posted November 9, 2008 Those capital gains cut only go to the wealthy bag of morons Link to comment Share on other sites More sharing options...
John Purser Posted November 9, 2008 Author Report Share Posted November 9, 2008 Well, Bush got the tax cuts. We got a weak economy (even with low interest rates and two hot wars which are real stimuli). And we're stuck with Trillions in debt. 30 years of faith in "Tax cuts are GOOD for you!" and we've got an impoverished nation to show for it. Reality has come a knockin boys. Time to answer the door. Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well-warmed, and well-fed. - Herman Melville Link to comment Share on other sites More sharing options...
Slacker Posted November 9, 2008 Report Share Posted November 9, 2008 Is the point of this thread that we should raise taxes? If not, please state the point. Link to comment Share on other sites More sharing options...
Robert Williams Posted November 9, 2008 Report Share Posted November 9, 2008 OK, John. Just for schitts and giggles, let's explore this. You've got the answer, now show your work. Show us your rationale for asserting there is a causal effect between the tax cuts and the current economic woes. Connect the dotted lines. I'm ready for you to educate me. Link to comment Share on other sites More sharing options...
Plugged Posted November 9, 2008 Report Share Posted November 9, 2008 waaaaaaaaaaaaaaaaaaaaaaa not able to poke holes in anything specific - you just looking to rant and blow off steam or deal in facts- so far it just looks like a little keyboard jockeying to me. Thats why we should cut taxes even further. Link to comment Share on other sites More sharing options...
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