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#1
posted to rec.boats
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"Eisboch" wrote in message news ![]() "Calif Bill" wrote in message m... Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. The problem is that nobody knows for sure how to fix this. They are using a shot gun approach, hoping they hit something. I am totally convinced that the current panic reaction is going to do nothing but further cause more problems. It's time for people to stop being so idealistic and become realistic. Eisboch Anything to do with cleaning horsies teeth? |
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#2
posted to rec.boats
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On Fri, 9 Jan 2009 14:45:21 -0500, "Eisboch"
wrote: "Calif Bill" wrote in message om... Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. The problem is that nobody knows for sure how to fix this. They are using a shot gun approach, hoping they hit something. I am totally convinced that the current panic reaction is going to do nothing but further cause more problems. It's time for people to stop being so idealistic and become realistic. And cut taxes - dramatically. Including income tax on Social Security payments. -- Time flies when you are sick and psychotic. |
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#3
posted to rec.boats
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"Calif Bill" wrote in message m... "hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. "Consumers are now going to get more and more scared at the prospect of losing their job," said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama's proposed fiscal stimulus "needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year." The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today's figures will intensify pressure on U.S. lawmakers to act quickly on Obama's recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve's $200 billion initiative to restart consumer financing markets that's scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. Mess?? You Californians better start paying your taxes before Arnold sells off the lot of you. |
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#4
posted to rec.boats
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"Don White" wrote in message ... "Calif Bill" wrote in message m... "hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. "Consumers are now going to get more and more scared at the prospect of losing their job," said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama's proposed fiscal stimulus "needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year." The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today's figures will intensify pressure on U.S. lawmakers to act quickly on Obama's recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve's $200 billion initiative to restart consumer financing markets that's scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. Mess?? You Californians better start paying your taxes before Arnold sells off the lot of you. Prime example of overspending. the budget was 69 billion bucks 8 years ago. About 130Billion now. We do not have a revenue problem we have a spending problem. If the budget had grown at the rate of inflation and population growth, we would have a $10 billion SURPLUS. If you get a tax refund the state is going to send you a non interest or penalty IOU. We need to send non payable IOU's to the legislature while they are failing to do their job. |
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#5
posted to rec.boats
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Don White wrote:
"Calif Bill" wrote in message m... "hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. "Consumers are now going to get more and more scared at the prospect of losing their job," said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama's proposed fiscal stimulus "needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year." The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today's figures will intensify pressure on U.S. lawmakers to act quickly on Obama's recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve's $200 billion initiative to restart consumer financing markets that's scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. Mess?? You Californians better start paying your taxes before Arnold sells off the lot of you. That was just stupid. |
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