How the Democrats Nearly Destroyed the Economy

[Guns Guns Guns]

since unemployment is still nearly twice as high as the day Obama took office I cannot credit any claim he has reduced unemployment......the CBO stats are obviously wrong.....I will leave it to you to speculate why......I merely point to the what......

You leave it to me to speculate why because you admit you have no means of proving your assertions?


Nice debating tactic. Does it work for you?


BTW, have you come up with a way to explain why you thought May figures from BLS contradict 1st quarter figures from CBO, or are you leaving that up to me too?

[Liberty]

Yeah, the GOP wants to let the free market run wild by removing all those bothersome consumer protections, don't they?

You're such a marxist.

[Guns Guns Guns]

You're such a marxist.

Do you have any fact-based rebuttal, Liability?




Yes, or no?




Here are the points you claim are inaccurate:





CBO estimates that ARRA’s policies had the following effects in the first quarter of calendar year 2011:

• raised real (inflation-adjusted) gross domestic product by between 1.1 percent and 3.1 percent,
• Lowered the unemployment rate by between 0.6 percentage points and 1.8 percentage points,
• Increased the number of people employed by between 1.2 million and 3.3 million, and
• Increased the number of full-time-equivalent (FTE) jobs by 1.6 million to 4.6 million compared with what would have occurred otherwise. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers).

[DamnYankee]

You're such a marxist.

Liberals are so dumb that can't see how their policies have destroyed industry, the housing market, and social security. Even a fifth grader could understand simple cause-and-effect.

[Guns Guns Guns]

Liberals are so dumb that can't see how their policies have destroyed industry, the housing market, and social security. Even a fifth grader could understand simple cause-and-effect.

Dumb Yankee is so dumb he that he can't rebut the CBO, which he claims a fifth-grader could do.




CBO estimates that ARRA’s policies had the following effects in the first quarter of calendar year 2011:

• raised real (inflation-adjusted) gross domestic product by between 1.1 percent and 3.1 percent,
• Lowered the unemployment rate by between 0.6 percentage points and 1.8 percentage points,
• Increased the number of people employed by between 1.2 million and 3.3 million, and
• Increased the number of full-time-equivalent (FTE) jobs by 1.6 million to 4.6 million compared with what would have occurred otherwise. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers).

http://cboblog.cbo.gov/?p=2204

[Good Luck]

Was it free market forces that put the housing industry in crisis? Only an ignorant fool would believe such. The housing market bubble was created by government interference. For several consecutive administrations, OFFICIAL policy was aimed at "putting more families in their own homes" to quote a statement made by Clinton at one time. When the government deliberately increases demand in a market it creates a market bubble. Prices rise dramatically in response to the increased demand. The primary reason housing prices skyrocketed in the 80s was due to federal policies. The reason the government pushed for law requiring lending in low income areas was in response to the skyrocketing prices, which the government itself was responsible for.

Bottom line: when the government interferes, we are no longer talking about free market forces. We are talking about government policies SCREWING UP market forces.

[Guns Guns Guns]

Was it free market forces that put the housing industry in crisis? Only an ignorant fool would believe such. The housing market bubble was created by government interference. For several consecutive administrations, OFFICIAL policy was aimed at "putting more families in their own homes" to quote a statement made by Clinton at one time. When the government deliberately increases demand in a market it creates a market bubble. Prices rise dramatically in response to the increased demand. The primary reason housing prices skyrocketed in the 80s was due to federal policies. The reason the government pushed for law requiring lending in low income areas was in response to the skyrocketing prices, which the government itself was responsible for. Bottom line: when the government interferes, we are no longer talking about free market forces. We are talking about government policies SCREWING UP market forces.

Bottom line: Good Suck fails to substantiate his opinion with any verifiable facts, and so fails to convince.

[Liberty]

Do you have any fact-based rebuttal, Liability?




Yes, or no?




Here are the points you claim are inaccurate:





CBO estimates that ARRA’s policies had the following effects in the first quarter of calendar year 2011:

• raised real (inflation-adjusted) gross domestic product by between 1.1 percent and 3.1 percent,
• Lowered the unemployment rate by between 0.6 percentage points and 1.8 percentage points,
• Increased the number of people employed by between 1.2 million and 3.3 million, and
• Increased the number of full-time-equivalent (FTE) jobs by 1.6 million to 4.6 million compared with what would have occurred otherwise. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers).

You actually believe the government.

I don't believe the CBO.

Why go through the effort to find and give someone like you numbers when, you're just going to ignore them.

You're only purpose in life is to worship your god,,,, the (federal) government. Government is never to big, or oppressive for someone like you. You're a lost person when it comes to understanding how the government is destructive.

[Liberty]

Was it free market forces that put the housing industry in crisis? Only an ignorant fool would believe such. The housing market bubble was created by government interference. For several consecutive administrations, OFFICIAL policy was aimed at "putting more families in their own homes" to quote a statement made by Clinton at one time. When the government deliberately increases demand in a market it creates a market bubble. Prices rise dramatically in response to the increased demand. The primary reason housing prices skyrocketed in the 80s was due to federal policies. The reason the government pushed for law requiring lending in low income areas was in response to the skyrocketing prices, which the government itself was responsible for.

Bottom line: when the government interferes, we are no longer talking about free market forces. We are talking about government policies SCREWING UP market forces.

This is what Ron Paul has been saying for so many years.