Speaker wants to rip PPACA out by the roots

[whell]

Originally Posted by merrylander

You mean the racist gambler who says he will pay up to $100 million to defat Obama. If that is the sort of SOB you righties like then bless y'all.

got a source for this? Or does just wanting Obama defeated in the next election equating to racism these days?

[whell]

Originally Posted by merrylander

You mean like running two wars on the national credit card? If there is a repub who can find his arse with both hands and a flashlight I have yet to meet them.

Yep. It takes a Dem to come up with a plan to pay off union buddies on the national credit card and call it a "stimulus".

[merrylander]

Originally Posted by whell

got a source for this? Or does just wanting Obama defeated in the next election equating to racism these days?

It is obvious to anyone that the right has its knickers in a twist because there is a black man in the Whitehouse. This much vitriol does not arise from simple political disagreement.

[merrylander]

Originally Posted by piece-itpete

No, the New Deal didn't work. Apparently the way to pull out of depressions is to fight world wars

Pete

Sorry but the economy was starting to come back from the second round of recession caused because FDR let himself be conned into belt tightening by some half assed economists.

It is all so obvious that only the brain dead cannot see it. Starting with Saint Ronnie they have been busting unions. The result was little or no rise in incomes, wages allowing for inflation actually lowered. For a while our consumer driven economy still ran on everybody's multiple credit cards. Well they got maxed out, the housing bubble burst, and now everybody is simply struggling to pay off their cards.

Y'all beggared the consumer, gave all the money to the idle rich - who spend it overseas - and the economy is in the toilet. It is not rocket science, if the economy is 70% consumer driven y'all need some consumers.

[Boreas]

Originally Posted by whell

Yep. It takes a Dem to come up with a plan to pay off union buddies on the national credit card and call it a "stimulus".

I assume you're referring to the loan to the auto industry. How is this in any way a "payoff" to unions?

Not to mention that these loans have largely been repaid.

You have to stop listening to Rmoney!

John

[whell]

Originally Posted by bobabode

What credible source do you have as to which solutions didn't work?

Obama (that is, if he can still be considered credible on this stuff).

The Prez said we needed the stumblebus...er...stimulus to keep unemployment from going over 8%. Even Barney Frank said the Prez was "dumb" for stating this, but state it he did. The solution didn't work.

The Prez said the stimulus would create immediate impact. There were "shovel ready jobs" that we could get started on right away, or at least that was the promise in 2009. By July 2011, Obama stated that there were no shovel - ready jobs. In fact he even laughed about this, saying "Shovel-ready was not as shovel-ready as we expected." The solution didn't work.

President Obama said in February 2009 that the stimulus would lift "2 million Americans from poverty." But since Obama took office, more Americans have fallen into poverty. The solution didn't work.

What about the promise of all of the "green jobs" funded by stimulus money. The Energy Department has handed out $35.2 billion in stimulus money to jump-start the clean energy industry, but it's created more red ink than green jobs. Nationally, green technology accounts for just 2 percent of employment nationwide and there has been no marked boom in the industry, which is about what it was before Obama took office. Then, of course, there was the taxpayer - financed Solyndra boondoggle. The solution not only didn't work, but it appears to have back-fired.

Obama promised that the stimulus would fund one million electric cars on the road by 2015. Volt sales are lagging expectations, and Fisker Motors product entry remains plagued by issues. Despite a $7500 tax credit for the purchase of such vehicles, Obama's command and control economy types missed the boat on the all important and basic economic equation: supply and (most importantly) demand. Or in this case, the lack of demand. Even the Washington Post suggested that the Prez was "overly optimistic." I think the Post was being overly polite. The solution didn't work.

EDIT - on a personal note, relative to the "electric cars" and "green jobs", I've personally witnessed 3 "green" businesses scale up and then implode specifically because they were awaiting government loans that never came through. They scaled up on the promise of DOE or DOD grants funded by stimulus dollars, waited patiently and then not so patiently as the agencies strung them along, and then filed for bankruptcy when they could wait no longer. In two cases some of the employees worked unpaid scaling the business down while waiting for an asset sale so that the funds raised by the sale could fund payroll.

[whell]

Originally Posted by Boreas

I assume you're referring to the loan to the auto industry. How is this in any way a "payoff" to unions?

Not to mention that these loans have largely been repaid.

You have to stop listening to Rmoney!

John

No, actually, you assume wrong. I'm referring to the boatloads of stimulus money that was paid out to the states to keep all those state unionized employees working.

[whell]

Originally Posted by merrylander

It is obvious to anyone that the right has its knickers in a twist because there is a black man in the Whitehouse. This much vitriol does not arise from simple political disagreement.

How sad for you.

[piece-itpete]

So the left hated Bush because he was white? I've heard of liberal guilt but this is rediculous

Pete

[icenine]

Originally Posted by piece-itpete

No, the New Deal didn't work. Apparently the way to pull out of depressions is to fight world wars

Pete

You forget the huge psychological impact of the New Deal and the end of the panics. FDR had an immense impact on getting Americans confident again,
something Hoover could not accomplish. To say World War II did it is an oversimplification. Remember he was President for 9 years before the War started.

Before we entered the War in 1941 rather. I know it started in 1939. (Or 1937 if you consider the Japanese invasion of Manchuria).