Local employment takes a battering!

#26
#26
You would have probably said the same thing about FDR in the Great Depression.

Bush doubled the national debt in his 8 years in office where was your outrage then? Oh that's right, he's a Republican so that's different.
I would have been screaming about FDR in the Great Depression. His programs were deathly and we're paying for them today. WWII saved his ass, otherwise he'd do down as a failed Eurosocialist.

You apparently cannot read if you think I haven't bashed Bush over his proclivity to spend like a drunken sailor. He's clearly been a disappointment to the conservative movement because he is viewed as such but governed fiscally hard left.

I don't expect you to comprehend a lot of the stuff that makes sense around here, but at least give some effort. I think Bush has sucked, but likely for very different reasons than you typically erroneously spew.
 
#27
#27
well i know i hate my tax dollars going to help people that are too lazy to get a job and sit around and watch maury all day, however that is a completly seperate issue.
I am an educator, and even thought that is on the surface recession proof, our fiscal policy is determined by a board elected by people on the "vote for your buddy" system, so they spent 90mill on a HS they cant fill, and now we are facing monstorous budget cuts..
but to simply blame this on republicans is kinda dumb. One look at the boom in the 90s and all the spending that went on, well at some point you are going to run out and have to slow down, plus the recession didnt hit real hard to a few years ago when a certain suckubus named nancy pelosi became majority leader....
 
#28
#28
You might want to actually read the plan instead of spewing your uninformed rhetoric

oh yeah, if you make less than 150k or 250k. he changes it weekly, you'll get a tax break. so make sure all you owner, to keep that profit below the tax line.

Hussein O is a joke.
 
#29
#29
oh yeah, if you make less than 150k or 250k. he changes it weekly, you'll get a tax break. so make sure all you owner, to keep that profit below the tax line.

Hussein O is a joke.

i agree with ya. is what most people DONT understand is that the top 10% pay 80+% of the tax base, most of these people are our employers. SO you raise the taxes on big buisness and these people then prices are going to go up and a further shrink in the job market will follow. :good!:
 
#30
#30
You would have probably said the same thing about FDR in the Great Depression.

Bush doubled the national debt in his 8 years in office where was your outrage then? Oh that's right, he's a Republican so that's different.

It is widely accepted that the FDR programs did little to help our long-term economy. They were a shotgun method of providing short-term fixes that were not sustainable. The biggest contribution of the New Deal was that it provided people with hope that things would get better. Hitler, Mussolini, and Tojo were more responsible for bringing us out of the depression than was FDR.
 
#31
#31
No. It's not even close. He's using this economy to advance his spend agenda. He's now saying that trillion dollar deficits will last for years. Amazing how different that sounds from the blatant campaign lies and spending cuts.

Do you think he would be proposing $800 Billion in a new stimulus package if the economy were not in the shape it is today?
 
#32
#32
Do you think he would be proposing $800 Billion in a new stimulus package if the economy were not in the shape it is today?

Maybe not in magnitude but his campaign was all about public investment in green energy, infrastructure, healthcare, jobs programs, etc. The current econ situation has made his campaign goals easier to sell.

The big difference is that before he claimed to account for every dime of new spending - now he's freed from that requirement.
 
#33
#33
I work in defense and R&D, so my job market is doing well right now. I'm actually interviewing for new jobs.
 
#35
#35
Well at least OE might get back to Knoxville area if all this keeps up. Higher unemployment usually means higher crime rate which means more police.
 
#36
#36
I work in defense and R&D, so my job market is doing well right now. I'm actually interviewing for new jobs.

From a similiar field, see how you're doing in about 2 years. Expect budget cuts.
 
#37
#37
i agree with ya. is what most people DONT understand is that the top 10% pay 80+% of the tax base, most of these people are our employers. SO you raise the taxes on big buisness and these people then prices are going to go up and a further shrink in the job market will follow. :good!:

here is a the tax percentages from 2004.

The overwhelming majority of federal income taxes are paid by the very highest income earners. The top 1% of income earners pay about 32% of all income taxes. The top 5% pays 51.4%. The top 10% of high income earners, pay 63.5%. The top 20% of income earners pays 78% of all federal income taxes. The bottom 80% pay only 20% of the burden.

i haven't found a more recent statistic, but paints the picture.
 
#38
#38
I work in defense and R&D, so my job market is doing well right now. I'm actually interviewing for new jobs.

it's going well for now, but once Obama creates the Department of Peace, the defense industry is going to be in trouble.
 
#39
#39
Maybe not in magnitude but his campaign was all about public investment in green energy, infrastructure, healthcare, jobs programs, etc. The current econ situation has made his campaign goals easier to sell.

Don't know how this will go over, but here it is anyway....

I'm reading a book right now by Naomi Klein called "The Shock Doctrine - The Rise of Disaster Capitalism". Basically the premise of the book is when a disaster event occurs...9/11, Katrina, economic crisis....the population is in a state of "shock" and is more open to extreme capitalistic policies that would have no shot at passing otherwise.

I only bring it up because I think your statement can be juxtaposed onto this doctrine. Obama is using this economic situation to pass his social agenda, which I don't think would have passed in the version he is proposing now.

But on the other hand, during the Bush presidency, it was used as well. We saw 9/11 used as an excuse to wage a nebulus "GWOT" and rushed entrance into Iraq on faulty intelligence. As a result, we saw security operations privatized in many instances, and a lot of companies made alot of money with government contracts....none of which would have ever happened if it weren't for the initial "shock". When the recession hit, this philosophy was used to again rush through a "bail out" package with very little oversight and with nobody really knowing how it was being spent by those companies who benefited. Katrina provides other examples of people capitalizing off disasters, etc. The engine for all this is fear, fear, fear in order to establish an extreme version of a fundamental capitalistic utopia.

Bush did the same thing with his agenda Obama is doing now with his, he just didn't run a campaign on it.
 
#40
#40
Don't know how this will go over, but here it is anyway....

I'm reading a book right now by Naomi Klein called "The Shock Doctrine - The Rise of Disaster Capitalism". Basically the premise of the book is when a disaster event occurs...9/11, Katrina, economic crisis....the population is in a state of "shock" and is more open to extreme capitalistic policies that would have no shot at passing otherwise.

I only bring it up because I think your statement can be juxtaposed onto this doctrine. Obama is using this economic situation to pass his social agenda, which I don't think would have passed in the version he is proposing now.

But on the other hand, during the Bush presidency, it was used as well. We saw 9/11 used as an excuse to wage a nebulus "GWOT" and rushed entrance into Iraq on faulty intelligence. As a result, we saw security operations privatized in many instances, and a lot of companies made alot of money with government contracts....none of which would have ever happened if it weren't for the initial "shock". When the recession hit, this philosophy was used to again rush through a "bail out" package with very little oversight and with nobody really knowing how it was being spent by those companies who benefited. Katrina provides other examples of people capitalizing off disasters, etc. The engine for all this is fear, fear, fear in order to establish an extreme version of a fundamental capitalistic utopia.

Bush did the same thing with his agenda Obama is doing now with his, he just didn't run a campaign on it.
I think she's on point that perceived potential disaster makes extreme policy much easier to sell. FDR had a field day with it.
 
#42
#42
i've travelled outside the US and have travelled to more places in a year than you will during your whole lifetime.

it doesn't matter if you have a masters degree. hussein obama is going to hire 2million gov jobs to fix roads. he's not going to give tax breaks to private companies so they can't hire you. face it, you'll be wearing a hard hat and bright orange vest. just make sure you keep your pants up while holding that slow sign. maybe you can put some obama stickers on the back of it.

Like I said, if you actually read the plan you wouldn't make yourself look so incredibly ignorant. What am I thinking??? YES, YOU would anyway, but here you go. Just for your pleasure
Specifics:

Total Cost: Between $675 billion and $775 billion.

Includes:

Tax Cuts: $300 billion in tax cuts for individuals and businesses. Includes $500 a year for individuals and $1,000 for couples. Also includes tax break for businesses that took losses in 2008 and 2009.

Job creation: Would establish a new credit for businesses that either create jobs in the United States or avoid layoffs.
 
#43
#43
From a similiar field, see how you're doing in about 2 years. Expect budget cuts.

Depends on the program and contract you are working too. I work on advanced R&D technologies that typically find a use in the public sector. Much of the work I do saw no change in budget from Clinton to Bush.
 
#44
#44
it's going well for now, but once Obama creates the Department of Peace, the defense industry is going to be in trouble.

We will always need new weapons and to be a step ahead of the game. R&D should be fine.
 
#47
#47
Don't know how this will go over, but here it is anyway....

I'm reading a book right now by Naomi Klein called "The Shock Doctrine - The Rise of Disaster Capitalism". Basically the premise of the book is when a disaster event occurs...9/11, Katrina, economic crisis....the population is in a state of "shock" and is more open to extreme capitalistic policies that would have no shot at passing otherwise.

I only bring it up because I think your statement can be juxtaposed onto this doctrine. Obama is using this economic situation to pass his social agenda, which I don't think would have passed in the version he is proposing now.

But on the other hand, during the Bush presidency, it was used as well. We saw 9/11 used as an excuse to wage a nebulus "GWOT" and rushed entrance into Iraq on faulty intelligence. As a result, we saw security operations privatized in many instances, and a lot of companies made alot of money with government contracts....none of which would have ever happened if it weren't for the initial "shock". When the recession hit, this philosophy was used to again rush through a "bail out" package with very little oversight and with nobody really knowing how it was being spent by those companies who benefited. Katrina provides other examples of people capitalizing off disasters, etc. The engine for all this is fear, fear, fear in order to establish an extreme version of a fundamental capitalistic utopia.

Bush did the same thing with his agenda Obama is doing now with his, he just didn't run a campaign on it.

I understand the point but fail to see the Capitalism in the examples you cite. Even privatizing security is an example of government spending.

What capitalistic utopia was even attempted? I guess I don't understand the link to capitalism.
 
#49
#49
keep your fingers crossed! My line of work is safe but not untouched by the economy. Things are bad in Europe too, it really is a global economy.

Horrible advice. The better advice would be to work his rear end off and show anyone in charge of keeping him employed why he is so valuable and worth keeping until the company he works for goes belly up, if it does.
 
#50
#50
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