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12 Scary Debt Facts for 2012


erynthered

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No, the reason for the economic improvements during the eighties was the reduction in taxes, not deficit spending. That set the tone for the next decade and a half. If deficit spending was the reason then our economy would be really doing well now since Obama's deficit is 6 times the average deficit of Reagan's. You need to quickly find your "A" game, just to beat out DIN.

 

Really that's the reason? Taxes are lower now than they've been in recent memory. Why does the economy suck?

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Why does the economy suck?

Regulations, Mandates on businesses, a horrible housing market, unfriendly climate for businesses, extremely high unemployment, inevitability of higher taxes, uncertainty over in Europe, businesses becoming much more efficient with less human capital, lack of political will on both sides of the aisle to address the entitlements (except Paul Ryan and Ron Wyden) health care costs and ticking timebomb on US debt.

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Regulations, Mandates on businesses, a horrible housing market, unfriendly climate for businesses, extremely high unemployment, inevitability of higher taxes, uncertainty over in Europe, businesses becoming much more efficient with less human capital, lack of political will on both sides of the aisle to address the entitlements (except Paul Ryan and Ron Wyden) health care costs and ticking timebomb on US debt.

Not to mention, we live in the liberals' perfect world: Why work when you don't have to?

 

As of January, the federal government was mailing out disability checks to more than 10.5 million individuals, including 2 million to spouses and children of disabled workers, at a cost of record $200 billion a year, recent research from JPMorgan Chase shows.

The sputtering economy has fueled those ranks. Around 5.3 percent of the population between the ages of 25 and 64 is currently collecting federal disability payments, a jump from 4.5 percent since the economy slid into a recession.

 

Mental-illness claims, in particular, are surging.

 

You can start with 99 weeks of unemployment, and then move right over to the disability ranks cause, y'know, you're a little crazy.

 

And the best part? It's all free. I mean, it's not like businesses are responsible for footing those bills. It couldn't be more free if it was a Catholic birth control pill.

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Really that's the reason? Taxes are lower now than they've been in recent memory. Why does the economy suck?

A lot of it comes from the uncertainty that business owners feel (pertaining to high unemployment rates). When you have the president forcing such things as the health insurance fiasco bill, talking out of both sides of his mouth showing a complete lack of leadership, practicing crony capitalism, using our children's legacy to aid his big donors and allowing labor figures to be manipulated beyond any reason you have a confidence crisis. When you have other dem leaders state things like "natural gas is not a fossil fuel" and extending unemployment beneifits is expanding the workforce you might just have a confidence crisis. When you have a congressman wonder if Taiwan would tip over if we based more military people there you might have a confidence crisis. When you have the vice president talking about FDR going on tv in 1929, guess what? You might have a !@#$ing confidence crisis based on the incompetence of this administration. When the only viable republican candidate gets ripped apart by other repubs because he has shown competence in an economic way it makes business owners think that they could actually be stuck with this obamination for a second term. Business owners will retrench and conserve their assets as long as they don't feel confident. Oh, the class warfare and gigantic budget deficits are more than a small part of his attempts to turn this country into at best a European Socialist country.

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A lot of it comes from the uncertainty that business owners feel (pertaining to high unemployment rates). When you have the president forcing such things as the health insurance fiasco bill, talking out of both sides of his mouth showing a complete lack of leadership, practicing crony capitalism, using our children's legacy to aid his big donors and allowing labor figures to be manipulated beyond any reason you have a confidence crisis. When you have other dem leaders state things like "natural gas is not a fossil fuel" and extending unemployment beneifits is expanding the workforce you might just have a confidence crisis. When you have a congressman wonder if Taiwan would tip over if we based more military people there you might have a confidence crisis. When you have the vice president talking about FDR going on tv in 1929, guess what? You might have a !@#$ing confidence crisis based on the incompetence of this administration. When the only viable republican candidate gets ripped apart by other repubs because he has shown competence in an economic way it makes business owners think that they could actually be stuck with this obamination for a second term. Business owners will retrench and conserve their assets as long as they don't feel confident. Oh, the class warfare and gigantic budget deficits are more than a small part of his attempts to turn this country into at best a European Socialist country.

 

Give it up. Obama's cultists can't understand that companies are sitting on massive amounts of cash and not investing capital in expansion (theirs, or others) because of the need for a cushion against the risks inherent in the administration's anti-corporate stances.

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Give it up. Obama's cultists can't understand that companies are sitting on massive amounts of cash and not investing capital in expansion (theirs, or others) because of the need for a cushion against the risks inherent in the administration's anti-corporate stances.

 

Good summary and very well said. I went the longer route hoping all those thoughts might make his bigfathead explode. (that is if it hasn't already exploded and been put back together with a few extra parts left over)

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Obama's cultists can't understand that companies are sitting on massive amounts of cash and not investing capital in expansion (theirs, or others) because of the need for a cushion against the risks inherent in the administration's anti-corporate stances.

If you're too stupid to understand this very basic and honest truth, then you truly do deserve all the Obama you can get.

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Give it up. Obama's cultists can't understand that companies are sitting on massive amounts of cash and not investing capital in expansion (theirs, or others) because of the need for a cushion against the risks inherent in the administration's anti-corporate stances.

 

In other words... IT'S OBAMA'S FALT!!

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A lot of it comes from the uncertainty that business owners feel (pertaining to high unemployment rates). When you have the president forcing such things as the health insurance fiasco bill, talking out of both sides of his mouth showing a complete lack of leadership, practicing crony capitalism, using our children's legacy to aid his big donors and allowing labor figures to be manipulated beyond any reason you have a confidence crisis. When you have other dem leaders state things like "natural gas is not a fossil fuel" and extending unemployment beneifits is expanding the workforce you might just have a confidence crisis. When you have a congressman wonder if Taiwan would tip over if we based more military people there you might have a confidence crisis. When you have the vice president talking about FDR going on tv in 1929, guess what? You might have a !@#$ing confidence crisis based on the incompetence of this administration. When the only viable republican candidate gets ripped apart by other repubs because he has shown competence in an economic way it makes business owners think that they could actually be stuck with this obamination for a second term. Business owners will retrench and conserve their assets as long as they don't feel confident. Oh, the class warfare and gigantic budget deficits are more than a small part of his attempts to turn this country into at best a European Socialist country.

 

You mean Guam right?

 

IT'S ALL OBAMA'S FAULT!!! HE WANT'S TO TURN US INTO A SOCIALIST STATE!! OH GOD SOCIALISM AAAHHHHH!!! RUN FOR YOUR LIVES!!!

 

You guys are funny! You're like a collection of right wing talking points.

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You mean Guam right?

 

IT'S ALL OBAMA'S FAULT!!! HE WANT'S TO TURN US INTO A SOCIALIST STATE!! OH GOD SOCIALISM AAAHHHHH!!! RUN FOR YOUR LIVES!!!

 

You guys are funny! You're like a collection of right wing talking points.

 

Yes, he did say Guam, but if you think that is the salient point here you are just proving one more time how stupid you really are. What did you think of Nancy's statement about natural gas not being a fossil fuel? How about the others I brought up? You know, we are all capable of a snide comment here and there, but when are you going to do anything else like provide some substance (other than that big substance that is your screen name)? I'll wait until the next Nickelodion commercial break for you response.

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Yes, he did say Guam, but if you think that is the salient point here you are just proving one more time how stupid you really are. What did you think of Nancy's statement about natural gas not being a fossil fuel? How about the others I brought up? You know, we are all capable of a snide comment here and there, but when are you going to do anything else like provide some substance (other than that big substance that is your screen name)? I'll wait until the next Nickelodion commercial break for you response.

 

I already told you. I no that reading isn't really your thing so I'll say it again in this post. Reagan spent an enormous amount in deficit. His administration more than doubled the national debt. Yet at the same time we managed to have a huge economic boom.

 

It's spelled nickelodeon by the way.

 

Brilliant Davey. The most insightful post you have ever had.

 

Well, he managed to say the same thing you said with one sentence.

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I already told you. I no that reading isn't really your thing so I'll say it again in this post. Reagan spent an enormous amount in deficit. His administration more than doubled the national debt. Yet at the same time we managed to have a huge economic boom.

 

It's spelled nickelodeon by the way.

 

 

 

Well, he managed to say the same thing you said with one sentence.

Know.

 

 

Well we that don't watch "Nickelodeon" should probably be forgiven for a minor mistake, but game on. Now what are you trying to say about Reagan spending an enormous amount in deficit? That doesn't make sense. Are you trying to compare Reagan's deficit spending with Obama's, who's deficit spending is six times what Reagans was? Reagan created growth of 6-7% with his tax policy. He set the stage for a reduction in military spending by f'n bankrupting the Soviets. As much as I like Reagan I thought JFK was a great conservative and I would vote for him today over that other stiff Obama.

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I no that reading isn't really your thing....

There is a humorous irony to the fact that the very people you defend on a regular basis are hellbent on giving out free birth control to everyone.

 

In case you don't get your free samples, I'm asking nicely. Please.Whatever you do.

 

Do not breed.

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In other words... IT'S OBAMA'S FALT!!

 

Normally I'd blame Congress and their asinine legislation...but the fascist* decision to !@#$ with the seniority of GM bonds that is the root of no small amount of uncertainty is all on Obama.

 

 

 

 

 

 

*Meant in the general sense, not to specify some sort of Naziism.

 

It's Obama's "fault" that corporate balance sheets are at all time highs!

 

Obama bad!

 

Corporate balance sheets are at an all time high because they're not investing in any capital improvements...things like infrastructure, or labor (why do you think the unemployment rate is 2% higher than it was during Bush's "jobless recovery"? Because no one wants to risk capital on expansion.(

 

In other words...cash-rich corporate balance sheets are not necessarily a good thing, dumbass.

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Know.

 

 

Well we that don't watch "Nickelodeon" should probably be forgiven for a minor mistake, but game on. Now what are you trying to say about Reagan spending an enormous amount in deficit? That doesn't make sense. Are you trying to compare Reagan's deficit spending with Obama's, who's deficit spending is six times what Reagans was? Reagan created growth of 6-7% with his tax policy. He set the stage for a reduction in military spending by f'n bankrupting the Soviets. As much as I like Reagan I thought JFK was a great conservative and I would vote for him today over that other stiff Obama.

 

Yeah, that went right over your head.

 

I would vote for JFK over Obama also. Unfortunately he isn't running this year. Reagan took over a weak economy and spent if deficit to kick start it. Obama did the same thing. If Romney or Santorum end up in the White House after this they'll do the same thing.

 

As for Reagan's tax policy, the tax cuts were paid for with deficit spending. Bankrupting the Soviets? That's one of the funniest things I've ever heard.

 

There is a humorous irony to the fact that the very people you defend on a regular basis are hellbent on giving out free birth control to everyone.

 

In case you don't get your free samples, I'm asking nicely. Please.Whatever you do.

 

Do not breed.

 

Looks like that went over your head too.

 

I have three daughters by the way. Sorry to ruin your day.

 

And since it looks like we're getting back on the grammar bandwagon, you might want to put spaces between sentences. Especially when you're trying to tell someone how stupid they are because they have poor spelling or grammar.

 

Normally I'd blame Congress and their asinine legislation...but the fascist* decision to !@#$ with the seniority of GM bonds that is the root of no small amount of uncertainty is all on Obama.

 

 

 

 

 

 

*Meant in the general sense, not to specify some sort of Naziism.

 

 

 

Corporate balance sheets are at an all time high because they're not investing in any capital improvements...things like infrastructure, or labor (why do you think the unemployment rate is 2% higher than it was during Bush's "jobless recovery"? Because no one wants to risk capital on expansion.(

 

In other words...cash-rich corporate balance sheets are not necessarily a good thing, dumbass.

 

Fascism has a pretty strong archetype behind it to turn around and say you only mean it in the general sense. When someone uses the word fascist the first thing that runs through your mind is Hitler isn't it?

 

It would be kind of like calling someone a rooster sucking monkey f'r. Then turning around and saying you only meant it in the general sense.

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