Who has more experience? Palin or Obama?

[parkerbink]

Recycling your material I see? You already used the are things clearly out of his control his fault nonsense. Are you saying he is just the unluckiest guy ever?

I swear he could get caught in an interracial homosexual affair and you guys would say he was entitling a poor downtrodden American.

[nando]

Recycling your material I see? You already used the are things clearly out of his control his fault nonsense. Are you saying he is just the unluckiest guy ever?

I swear he could get caught in an interracial homosexual affair and you guys would say he was entitling a poor downtrodden American.

well then how exactly is the housing bubble the presidents fault?

for the record - I don't really care for bush. "fiscal conservative" doesn't generally describe his policies. I don't like the patriot act, the department of homeland insecurity, the TSA or any of that other nonsense either. But those are hardly economic issues..

[parkerbink]

well then how exactly is the housing bubble the presidents fault?

for the record - I don't really care for bush. "fiscal conservative" doesn't generally describe his policies. I don't like the patriot act, the department of homeland insecurity, the TSA or any of that other nonsense either. But those are hardly economic issues..

I am answering Bob's economic ravings, I never said the bubble was his fault, although a lack of banking regulation may be attributed to his administration. The banks were giving loans to anyone that can write their name.

I agree with you those are all things that are worse and many more and those are at the top of my list of the things that he has done wrong.

I have to go to Albuquerque tomorrow. I need my computer so have to drive as there is a possibility that my laptop could be "held" and as the reason I am going is in my laptop if that happened it would be pointless.

I cannot believe this country has reached a state that tehre are laws that allow warrantless & suspicionless invasion of personal privacy.

I don't like the current monetary situation we are in but was responding to Bob.

[nando]

well if the shit hits the fan and our government turns on us - I'm fucked. They have my fingerprints everywhere (homeland insecurity, TSA, etc. etc), retina scans, work history, housing history, etc. etc.

privacy? what privacy?

[parkerbink]

well if the shit hits the fan and our government turns on us - I'm fucked. They have my fingerprints everywhere (homeland insecurity, TSA, etc. etc), retina scans, work history, housing history, etc. etc.

privacy? what privacy?

I agree completely, the last time I said so the Bush clones all said I had my tinfoil hat on too tight.

[rwh11385]

Recycling your material I see? You already used the are things clearly out of his control his fault nonsense. Are you saying he is just the unluckiest guy ever?

I swear he could get caught in an interracial homosexual affair and you guys would say he was entitling a poor downtrodden American.

Well you didn't understand it the first time...

Are you saying Katrina, 9/11, the global emerging markets increasing demand were his personal fault? (out of his control nonsense... REALLY?)

If you don't understand the impact of these things and how the economy is good, given those things, then what's the use of dealing with you? You and Lair can't even understand how price level must move along to grow the economy. If you are not capable of understanding macroeconomics, discussing the economy with you is pretty one-sided and you'll never realize how wrong you absolutely are, although the few people around here with econ education can.

Look or read about slowdowns in Europe and Japan, and the continued rise of Southern Asia. Bush can't magically turn the tables back this way... at least not without cutting corporate taxes or cutting min wage - two big issues facing the American economy. Could he get either done? I would love it if it happened but too many people think corporations are big and evil or the min wage helps the unskilled worker, people stupid on econ like YOU.

On the bright side, the cut in domestic demand and increase of S. Asian's imports is helping the trade balance, and the slow down in Europe is combining with that to help the dollar. This of course, could help our buying power re-instilling the import purchasing levels... (Because it is economics, balances out and is cyclical)

Did you really expect us to benefit from globalization and not have an impact on us negatively from demand competition resulting from the increase of incomes over in India and China??!??

I mentioned it once before, however, that imports from China and the introduction of the Euro has decreased the value of the US dollar compared to some currencies, but this has helped us in the fact that American production is more cost effective. What has also helped that is the rising cost of fuel so multidomestic business strategies more practical, so produce goods here for here, although the money may still be going abroad...

[parkerbink]

Well you didn't understand it the first time...

Are you saying Katrina, 9/11, the global emerging markets increasing demand were his person fault?

If you don't understand the impact of these things and how the economy is good, given those things, then what's the use of dealing with you? You and Lair can't even understand how price level must move along to grow the economy. If you are not capable of understanding macroeconomics, discussing the economy with you is pretty one-sided and you'll never realize how wrong you absolutely are, although the few people around here with econ education can.

Say the same irrational crap 1000 times it is still irrational.

I am not so much referring to the economy as to the destruction of the CONSTITUTION.

Katrina, 9/11, the sinking of the Lusitania, not his fault.

Muddying the equation with bullshit is your way of derailing any conversation that is derogatory to the administration.

There is no dealing with you, that is why you are the record holder for bannings, the proof is in the fact that you are like a piece of gum on a shoe, you don't go away.

[rwh11385]

Say the same irrational crap 1000 times it is still irrational.

I am not so much referring to the economy as to the destruction of the CONSTITUTION.

Katrina, 9/11, the sinking of the Lusitania, not his fault.

Muddying the equation with bullshit is your way of derailing any conversation that is derogatory to the administration.

You think you can bring up

There is no dealing with you, that is why you are the record holder for bannings, the proof is in the fact that you are like a piece of gum on a shoe, you don't go away.

You're the one who posted a link to an article about the economy... but now you don't want to talk about the economy.

Typical liberal, gets beat then tries to change the subject.

[rwh11385]

Hey there Bob, Do you know something the Federal Reserve does not?

http://ap.google.com/article/ALeqM5hwHbki86OAoUhqDveb6JLDol_4-gD92VD44O0

WASHINGTON (AP) — The nation struggled with slow economic growth and still-high prices that are weighing on consumers and businesses alike as the race for the White House kicks into high gear.

The Federal Reserve's new snapshot of business conditions, released Wednesday, underscored the toll the housing, credit and financial debacles are having on the economy and the challenges likely to be faced by the next president. Problems are expected to persist into next year.

Fed Chairman Ben Bernanke and his colleagues are all but certain to leave a key interest rate alone at 2 percent when they meet next on Sept. 16 and probably through the rest of this year.

Given the fragile state of the economy, the Fed isn't in a hurry to boost rates to fend off creeping inflation. A growing number of analysts believe the economy is likely to hit another dangerous rough patch later this year as consumers and businesses curtail their spending even more.

Heading into the fall, economic activity continued to be slow, the Fed said. Businesses described the climate as "weak" or "soft" or "subdued."

Consumers, the lifeblood of the economy, showed caution. Shoppers "concentrated on necessary items and retrenchment in discretionary spending," the Fed observed.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

WASHINGTON (AP) _The Federal Reserve says the nation is struggling with slow economic growth and still-high prices despite the recent drop in energy costs.

The Fed's new snapshot of business conditions underscores the toll the housing, credit and financial debacles are taking on consumers and businesses alike.

Given the fragile situation, Fed Chairman Ben Bernanke and his colleagues are all but certain to leave a key interest rate alone at 2 percent when they meet next on Sept. 16, and probably through the rest of this year.

Wasn't this a jab towards me trying to say something about the economy?

Or did I miss it where you wanted to change the subject entirely and talk about the constitution. This seems to be about the economy though...

[//MPower]

This is a stupid thread.

[parkerbink]

Wasn't this a jab towards me trying to say something about the economy?

Or did I miss it where you wanted to change the subject entirely and talk about the constitution. This seems to be about the economy though...

You have turned this into an economic debate. I was embroiled in the quagmire I said I did not want to get into and responded to you. The article I posted refuted your nonsense that the economy was fine.

To recap. I said the country was worse off today then eight years ago. All you know about is the economy so you bashed away at that.

[JetGirl]

picture unrelated

[rwh11385]

You have turned this into an economic debate. I was embroiled in the quagmire I said I did not want to get into and responded to you. The article I posted refuted your nonsense that the economy was fine.

To recap. I said the country was worse off today then eight years ago. All you know about is the economy so you bashed away at that.

You have ZERO understanding of economics, so how can you judge where the economy should be and why it's good it is where it is now?

[parkerbink]

You have ZERO understanding of economics, so how can you judge where the economy should be and why it's good it is where it is now?

That is untrue however, the Fed knows and has stated it is not good.

That said thanks for playing your same old economy song. you are a one hit wonder. I am bored of your one boring old song.

[rwh11385]

If someone were in office who wanted to repeal the Bush stimulus cuts, the economy would have been crushed, not surviving along the difficulties facing it.

From 2000 to 2006, the US corporate tax rate went from 6th highest in OECD countries to 2nd. (Only Japan has higher corporate taxes)

For companies that don't move to better countries, they hide money in havens to avoid taxes. Lowering the rate would make the US more competitive and not give as much incentive to tuck it away overseas.

The clear trend among OECD countries is a move to cut corporate income tax rates. In fact, not one country has raised its corporate tax rate in this period. OECD countries have, on average, reduced their corporate tax rates by 14.9 percent between 2000 and 2006. Most notably, Germany has moved from highest to third-highest by slashing its federal rate by 25.2 percent in six years.