Chief Economist at US Chamber of Commerce: Biggest Return to Welfare State

KingCondanomation

KingCondanomation

New member
What I don't get is how so many were duped into thinking Obama was this inspirational JFK self-responsibility type leader, Obama does his best to make himself like a centrist or moderate, but his lifetime voting record was ALWAYS a solid far left Democrat voting record. 92.33% lifetime voting record for the Liberal leftwing side:
http://www.acuratings.org/2007all.htm#IL


Voting records are not perfect but they are the most honest way to see how a person truly is through their actions and not what they say their beliefs are.

"WASHINGTON - Big government is back - and so are big taxes.

President Obama unveiled a mammoth, $3.6 trillion budget yesterday that would dramatically boost federal spending almost across the board - and pay for it with tax hikes of $1 trillion on individuals and businesses over the next decade.

Experts immediately tagged the new president's supersized spending plan the most sweeping government overhaul since Lyndon Johnson's Great Society in the 1960s.

Marty Regalia, the chief economist at the US Chamber of Commerce, called it "the biggest return to the welfare state that we've seen in decades."

The budget would create an eye-popping $1.8 trillion deficit for the 2009 fiscal year - the highest ever in dollar terms - amounting to a 12.3 percent share of the economy, which is the largest since 1945. "
http://www.nypost.com/seven/02272009/news/politics/1t_in_taxes_is_hell_to_pay_157199.htm
 
Chief Republican tool,
the top 2% are convulsing into spasms.
And it's not for 4 yrs it's 8. Piyush has not shot against Obama.
the economy will easily surpass this criminally lowered bar, and it's going to be comical laughing not with but in the face of the bootstrapping Retoolicans.
 
Dungheap said:
Who gives a shit what the chief economist at the U.S. Chamber of Commerce thinks?
Click to expand...

He's an economist working for the government. He must know what he's talking about.

"It's clear over the last year-and-a-half the economy has downshifted and things are not doing quite as well. But having said (that), I don't think we're on the precipice of a recession," said Martin Regalia, vice president for economic policy at the U.S. Chamber of Commerce. Regalia remains in the camp that sees defaults in subprime mortgages as a largely contained event that won't spread to broader housing and lending markets. August 31, 2007
http://seekingalpha.com/article/46131-are-we-headed-towards-a-recession

See. This man clearly knows his onions.
 
Dano , the American people Knew his voting record when they elected him.

When will that sink into you desperate cons brains?
 
charver said:
He's an economist working for the government. He must know what he's talking about.

"It's clear over the last year-and-a-half the economy has downshifted and things are not doing quite as well. But having said (that), I don't think we're on the precipice of a recession," said Martin Regalia, vice president for economic policy at the U.S. Chamber of Commerce. Regalia remains in the camp that sees defaults in subprime mortgages as a largely contained event that won't spread to broader housing and lending markets. August 31, 2007
http://seekingalpha.com/article/46131-are-we-headed-towards-a-recession

See. This man clearly knows his onions.
Click to expand...


He actually doesn't work for the government. He's a captain of industry.
 
"Dano , the American people Knew his voting record when they elected him."

From everything I have seen in this budget, he is governing according to the same priorities he ran his campaign on. I don't see anything that's a big "surprise," and I'm heartened that he is sticking to his guns on issues like education, healthcare & energy.
 
Dungheap said:
He actually doesn't work for the government. He's a captain of industry.
Click to expand...

Ah, my mistake.

The fact remains that this is a man who has proven himself to be an oracle of the market and, as such, deserves to be taken seriously.
 
charver said:
Ah, my mistake.

The fact remains that this is a man who has proven himself to be an oracle of the market and, as such, deserves to be taken seriously.
Click to expand...


Truly. If only such a brilliant mind were actually a part of the government we could take advantage of his foresight and prognostic genius and get the whole ship turned around. But, alas, it is great minds like his that will be necessary in the private sector to get us out of the mess that great minds like his created.
 
Onceler said:
"Dano , the American people Knew his voting record when they elected him."

From everything I have seen in this budget, he is governing according to the same priorities he ran his campaign on. I don't see anything that's a big "surprise," and I'm heartened that he is sticking to his guns on issues like education, healthcare & energy.
Click to expand...

You bet and I'm sure the American people who loved his speech the other day at an 80% rate are just kidding too.


I would have loved to see the election results without the cheating they were still capable of.

We need to fix the elections and scrap the machines that dont work before the mid term elections.
 
charver said:
Ah, my mistake.

The fact remains that this is a man who has proven himself to be an oracle of the market and, as such, deserves to be taken seriously.
Click to expand...
True, he was stunningly accurate on how it wouldn't spread. Almost as accurate as Barney Frank, who now has control of several huge companies (along with several other cohorts called "congress") that he told us just a manner of weeks before their collapse just how awesomely strong and well-formed the companies were...

He sounded almost like Chris Matthews talking about the thrill he gets up his leg from just looking at Obama...
 
uscitizen said:
Charver skewers Dano yet again.
Click to expand...

He does? By saying we can't trust an economist from the government, who ends up not being in the government so then he says we can't trust an economist from the private sector?

He skewered himself and the rest of the left can join him as a Liberal shish kabab because the man is obviously clearly right - with Obama's massive universal healthcare social welfare initiative, with his plan to tax pollution to give to the poor, yet lowering tax deduction for private charity, with Obama's plan for universal higher education social welfare, there is no question Obama is massively expanding the welfare state and that is the kind of spending that stays around forever and balloons.
 
AND he'll cut military PORK
We'll have way more college grads, poor will have money to spend.
ECONOMY BOOMS
 
Topspin said:
AND he'll cut military PORK
We'll have way more college grads, poor will have money to spend.
ECONOMY BOOMS
Click to expand...
There are tons of college grads getting laid off, top man, tech companies I've seen and talked to friends about haven't hired anyone young in a long time, why would they? In this economy, they have their pick of experienced people, you can waste your tax money to boost the number of college grads, that just means more of them ending up unemployed with a wasted college education.

As for cutting pork, I wish, but so far we have seen huge increases, check out DonQuixote's posts.
 
KingCondanomation said:
There are tons of college grads getting laid off, top man, tech companies I've seen and talked to friends about haven't hired anyone young in a long time, why would they? In this economy, they have their pick of experienced people, you can waste your tax money to boost the number of college grads, that just means more of them ending up unemployed with a wasted college education.

As for cutting pork, I wish, but so far we have seen huge increases, check out DonQuixote's posts.
Click to expand...

This is all on BUSH'S TAB. his last qtr GDP was minus 6% worst in 30yrs.
 
Topspin said:
This is all on BUSH'S TAB. his last qtr GDP was minus 6% worst in 30yrs.
Click to expand...

I'm not defending Bush, but don't you see that Bush hate is exactly what Obama is counting on? I mean, pretend you are Obama toppy, you can do whatever the fuck you want and know that good people for the most part are willing to blame Bush.

Is Obama accountable to anything right now? There is sadly a certain window all presidents or governors or whichever politician, where they can blame the last guy in power.
 
You must log in or register to reply here.
Back
Top