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  #1  
Old 12-04-2010, 09:16 AM
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jms62 jms62 is offline
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Originally Posted by Danzig View Post
http://www.washingtonpost.com/wp-dyn...rss=rss_nation


tell me again how the stimulus 'worked'. we had four quarters of mild growth, but the money's spent, the latest jobs report sucked(as have the last few), and unemployment is projected to go right back to where it was. if not higher. now, in my mind, a stimulus working wouldn't have results we're seeing. a temporary jump in the right direction, followed by going right back to where we were, is not a fix at all. a bandaid to stop a hemorrhage perhaps. but the patient continues to bleed out anyway.
I am a broken record but every outsourced job and job filled by H1B holder is purchasing power lost which means less money pumped into our economy... This is a game of musical chairs. What is the solution ? I don't know something dramatic like a Put America back to work Tax on each and every job given to an H1B or done outside of the US applied directly to the deficit? How about an economic cap and trade where we are only allowed to purchase from Foriegn countries an amount that they purchase from us.. Protectionism??? We ****ing need it because Big Business certainly won't do what is in the best interest of the country..
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Old 12-04-2010, 09:40 AM
Danzig Danzig is offline
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Quote:
Originally Posted by jms62 View Post
I am a broken record but every outsourced job and job filled by H1B holder is purchasing power lost which means less money pumped into our economy... This is a game of musical chairs. What is the solution ? I don't know something dramatic like a Put America back to work Tax on each and every job given to an H1B or done outside of the US applied directly to the deficit? How about an economic cap and trade where we are only allowed to purchase from Foriegn countries an amount that they purchase from us.. Protectionism??? We ****ing need it because Big Business certainly won't do what is in the best interest of the country..
it's obvious how to fix everything. get rid of filibustering so that the majority party (currently the dems) can push thru all their grand ideas. of course, when the dems are the minority at some point in the future, they'll rue the day they banned filibustering. but if they'd just get the meanies in the republican party to quit stifling all of obama and co's brilliant plans, we'd all be just fine. i mean, it's obvious that the founding fathers wanted the majority to have all the say, and the minority groups to have none, which is why i can't believe that our govt was set up the way it was.
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Old 12-04-2010, 09:51 AM
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Originally Posted by Danzig View Post
it's obvious how to fix everything. get rid of filibustering so that the majority party (currently the dems) can push thru all their grand ideas. of course, when the dems are the minority at some point in the future, they'll rue the day they banned filibustering. but if they'd just get the meanies in the republican party to quit stifling all of obama and co's brilliant plans, we'd all be just fine. i mean, it's obvious that the founding fathers wanted the majority to have all the say, and the minority groups to have none, which is why i can't believe that our govt was set up the way it was.
How to fix everything.... How about allowing NO PRIVATE funding of political campaigns. Anyone found to be in violation does mandatory jail time. Special interests run this country....
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Old 12-04-2010, 11:23 AM
Danzig Danzig is offline
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http://www.slate.com/id/2276611/


A Joyless Jobless Report
Those dreadful new unemployment numbers are even worse than they look.
By Annie Lowrey
Posted Friday, Dec. 3, 2010, at 7:05 PM ET


one excerpt:

But the official government jobs report contradicts those numbers and came in far worse than even the most pessimistic economists' projections. Economists surveyed by Bloomberg News, for instance, forecast that payrolls would climb by 150,000, with guesses ranging from 75,000 new jobs to 200,000. Instead, the economy added about half of the lowest estimate.



The pace of the recovery is obviously not yet speeding up—in fact, the recovery has stalled out for the past nine months, with employers hesitant to hire, consumers hesitant to spend, and the government running out of bullets. Each month of bad data digs the hole left by the recession a bit deeper and increases the time it will take for the economy to return to normal. The difference between how many workers the economy should employ (given a lower, more normal unemployment rate) and how many it does employ stands at about 11.8 million workers.
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Old 12-04-2010, 12:40 PM
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Riot Riot is offline
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Thank you GOP. You have proven beyond a doubt it's more important to you give unfunded tax cuts to those earning over $1 million dollars a year, than help the unemployed and the middle class.

Quote:
Senate Republicans Defeat Reauthorization Of Jobless Aid, Tax Cuts

Senate Republicans and a handful of Democrats Saturday defeated a bill to reauthorize unemployment benefits for the long-term jobless and a plethora of tax provisions for the middle class not because of the bill's trillion-dollar deficit impact, but because it did not include tax cuts for the rich.

"In economic times like these, 9.8 percent unemployment, you should not raise taxes on anyone," Sen. John Barrasso (R-Wyo.) told HuffPost"

Two bills were defeated.

By a vote of 53-36, the Senate rejected a measure by Sen. Max Baucus (D-Mont.) that would have preserved Bush era tax cuts for lower- and middle-income taxpayers, but would have allowed cuts for people earning more than $200,000 a year to expire.

Four Democrats and Joe Lieberman (I-Conn.) joined Republicans in voting nay.

The Senate also rejected a bill by Sen. Chuck Schumer (D-N.Y.) that would have extended all the cuts, but not for anybody making more than $1 million.

Republicans and conservative Democrats have opposed reauthorizing the benefits without offsetting their deficit impact by cutting spending from elsewhere in the budget. But those same lawmakers have not insisted that tax cuts for the rich, estimated to cost nearly $700 billion over 10 years, be offset in any way. A yearlong reauthorization of unemployment benefits would cost roughly $60 billion.

During debate on the Senate floor before the vote, Schumer asked Sen. Chuck Grassley (R-Iowa) about Republicans' different positions on deficit reduction.

"Could he please explain to me why it is OK to take $300 billion of tax cuts for those at the highest income levels, above a million, and not pay for it," Schumer said, "and yet we have to pay for unemployment insurance extensions?"
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Last edited by Riot : 12-04-2010 at 01:28 PM.
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  #6  
Old 12-04-2010, 12:54 PM
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Originally Posted by jms62 View Post
I am a broken record but every outsourced job and job filled by H1B holder is purchasing power lost which means less money pumped into our economy... This is a game of musical chairs. What is the solution ? I don't know something dramatic like a Put America back to work Tax on each and every job given to an H1B or done outside of the US applied directly to the deficit? How about an economic cap and trade where we are only allowed to purchase from Foriegn countries an amount that they purchase from us.. Protectionism??? We ****ing need it because Big Business certainly won't do what is in the best interest of the country..
Polite applause
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