On Sun, 21 Feb 2010 09:35:13 -0700, Canuck57
wrote:

On 20/02/2010 11:08 PM, bpuharic wrote:
On Sat, 20 Feb 2010 21:53:23 -0800, "CalifBill"
wrote:



What 800k to 2.5M real jobs? Did tax revenues increase from employment?

opportunity cost: we don't have to pay unemployment; people retain
skills; they have health insurance, they don't default on their
mortgages, credit card bills, etc

Unemployment costs are chicken **** in the big picture.

ah. it's a deficit problem only if you can blame it on the black guy,
right? he puts people to work

and he should let them starve. because that's what the rich white guy
would have done right?


For $2 trillion/year in debt that is about 40,000,000 jobs at $50,000 a
year. We sure did not see that bank for the buck. Not even close.

ALL of the deficit...ALL of it...

is bush's fault. before obama stepped into the oval office last year,
the deficit was predetermined

bush's war in iraq a trillion dollwar

bush's tax cuts for the rich...more deficit spending

that accounts for almost ALL the deficit.

yet you blame it on the black guy


What really happened is years of bad mortgage and loan defaults were on
the banks book, they just transfered it to the taxpayers. That does not
create jobs. OK, maybe a few civil servant lawyer types, but that was it.

obama had NOTHING to do with this. NOTHING

yet you say it's his fault

the only conclusion is that you say this 'cuz he's black. you admit,
sotto voce, it was the white guy's fault

but you really blame it on the black guy


and taxes have decreased because BUSH cut taxes in spite of the fact
it's destroyed the economy

but he's rich. he's white. so you'll say nothing about him

Taxes have decreased because unemployed people don't pay income taxes.

and according to

http://www.cbpp.org/cms/index.cfm?fa...36&emailView=1

ALL of the deficit was caused by bush's tax policies and his war in
iraq

those costs are still with us. they were with us when obama was
inaugurated. he had NO control over them

yet you blame them on the black guy.




What destroyed the economy is congressional mishandling of money and
debt management. The signs were there in 2006 and 2007, but congress
chose to ignore the issues. Basically encouraged it to happen, as no
other explanation exists.

congress had little to do with bush's war or his tax cuts for the
rich. obama wants to restore sanity to tax policies but the GOP is
fighting this

what destroyed the economy was a trillion dollars ****ed away in iraq,
the tax cuts, etc

these policies were in place before obama took office. they cause the
deficit

yet you blame them on the black guy


To make maters worse, in Sept 2008 the US governmetn was in technical
default as they could no longer borrow to cover spending.

you DO know this happens almost every year, right?


With Obama
winning and the realization of government money creation going nuts, the
market crashed.

And today, still no progress on the issues that got us here.

blame it on the darkie. that'll solve the problem