Anyone notice, Obama and Dems big gov spending has not done shit to help the market?

Onceler said:
I have heard Obama blame greed, nothing more. He does not "blame the wealthy." That is just your paranoid mindset that thinks liberals are anti-weath and anti-corporation.
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You are being partisan, any regular person can read that and see that Obama is blaming the wealthy for getting the wealth.
 
KingCondanomation said:
You are being partisan, any regular person can read that and see that Obama is blaming the wealthy for getting the wealth.
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No, they can't. I'm telling you - it's your paranoid filter.

He is not railing "the wealthy." He is railing greed, as a lot of people are. As I am, actually, and I am not anti-wealth.
 
KingCondanomation said:
I'm not arguing that what Obama does will ONLY effect the market, I'm just arguing that the things he has done (higher capital gains taxes, more debt with social welfare spending) discourage people from investing in a market where their return will be even less.
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You're just making shit up as you go along, as usual. You aren't even arguing anything. "Arguing" suggests that you are using facts to come to a particular conclusion. Asserting maybe, arguing no.
 
The market has been going down since the fall. If you use Danologic, you could assign virtually anything to that: the market hates Obama getting elected, it hates him getting inaugurated, it hates Christmas, it hates Dems in control, blah, blah, blah.

What the market really hates is massive job losses, a downward spiral of consumer confidence, our banking system on the precipice, et al.
 
Dungheap said:
You're just making shit up as you go along, as usual. You aren't even arguing anything. "Arguing" suggests that you are using facts to come to a particular conclusion. Asserting maybe, arguing no.
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Ok facts.
True or false? Higher capital gains tax encourage more investment in a market?

Increasing debt endows more confidence in a national market?
 
KingCondanomation said:
‘A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future’ - Obama

This is of course bullshit, the rich are the ones who pay most taxes, tax cuts were done for all and they do not transfer wealth, they allow those who pay to keep more of their own wealth.

Also a lot of that extra private capital from tax cuts WAS used to invest in new technologies in the market as venture capital for high-tech, biotech firms, etc...

Obama was clearing laying blame on the wealthy.
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I am a regular person and I don't see him blaming the rich at all. He says that a budget surplus in the hands of GOVERNMENT was seen as an excuse for the BUSH ADMINISTRATION and the REPUBLICAN CONGRESS to create tax policies that benefited the wealthy more than the middle class. He never once blamed the wealthy for any of that policy. Hell all they did was take the tax cuts. Anyone would. What Obama says is they should not have been available.
 
I've noticed that since the major companies and banks have received most of their 'capital' from the taxpayers, that companies have lowered salary offers for what used to be middle class income jobs.
 
SmarterThanYou said:
I've noticed that since the major companies and banks have received most of their 'capital' from the taxpayers, that companies have lowered salary offers for what used to be middle class income jobs.
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You're quite bold to name yourself "SmarterThanYou" while posting stuff like this.
 
KingCondanomation said:
I'm just amazed I mean, I would have thought investors would jump for joy at the prospect of paying more in income tax and more in capital gains taxes?
They should be ploughing their money back into US companies, yet for some reason it isn't happening?

Oh well at least we got giant new social welfare spending like universal healthcare, free college education, etc.... and other things that used to be paid for privately.
Yay for shrinking the economy under the guise of rescuing it.
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1) They have not pumped the money into the economy yet

2) They have not pumped the money into the economy yet

3) I do agree that raising taxes is a bad idea in this market environment... especially on cap gains.

4) The market is not responding because the idiots in DC keep changing their minds on how they are going to proceed. The market does not like indecision.
 
Socrtease said:
I am a regular person and I don't see him blaming the rich at all. He says that a budget surplus in the hands of GOVERNMENT was seen as an excuse for the BUSH ADMINISTRATION and the REPUBLICAN CONGRESS to create tax policies that benefited the wealthy more than the middle class. He never once blamed the wealthy for any of that policy. Hell all they did was take the tax cuts. Anyone would. What Obama says is they should not have been available.
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If that is what he is saying then he is wrong....

1) There was no surplus, there was an imaginary budget surplus. It was used by both parties to justify spending.

2) The percentage of taxes paid by the wealthiest 50%, and the top 1% increased under the Bush tax cuts. The top half pay over 97% of total income taxes. So of course they are going to get more dollars back under the tax cut.

Take a look at the effective tax rates at this link.... tell me if you see the real problem.....

http://www.taxfoundation.org/news/show/250.html
 
Topspin said:
what's going to react is you and your buddies when this turns out better than Clintonomics.
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The market in Clinton's term only boomed when the Repubs took the house and senate in 1994 and pushed for less government spending.

Carter had a Dem congress and plenty of government spending and the market did poorly.
 
"The market in Clinton's term only boomed when the Repubs took the house and senate in 1994 and pushed for less government spending."

Dano, I think the investors in the market were a little more stoked about the tech boom than "less gov't spending."
 
KingCondanomation said:
The market in Clinton's term only boomed when the Repubs took the house and senate in 1994 and pushed for less government spending.

Carter had a Dem congress and plenty of government spending and the market did poorly.
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and I bet you'll find a way to credit republicans during the coming obama boom. Very weak, but funny as shit.
 
I think Clinton had some programs in the background that laid the ground work. I heard him talking the other day and he said it so matter of factly as if to not want any of the credit.
 
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