Reading your Weimar econ drivel is pure comedy.
Judging by the number of times you and poker fraud vtard have taken turns tugging one another since his return, it's obvious this forum is your entire social life.
No wonder you "couldn't stay away" after the millionth time you promised to leave.
Loser!@#0
OMG...Only 270 views and whopping 193 replies in poker fraud vtard's new thread...LMFAO
Nobody is reading except the two social outcasts going at one another! It's virtual F-A-G Central in the rx poli forum - like Barry and Reggie!
No wonder the Keynesian Weimer loon didn't keep his promise and leave!
Nobody is reading except the two social outcasts going at one another! It's virtual F-A-G Central in the rx poli forum - like Barry and Reggie!
No wonder the Keynesian Weimer loon didn't keep his promise and leave!
WASHINGTON (Reuters) - Beneath President Barack Obama's plan to fight income inequality lies a gloomy view of an economy that is growing slower and creating fewer rewards for its workers than it did in much of the last century.
In a budget proposal unveiled on Monday, the White House cut forecasts for an array of economic variables, depicting less growth, weaker inflation and lower interest rates than officials expected only a year ago.
...
"In the 21st century, real GDP growth in the United States is likely to be slower than it was in earlier eras," the budget proposal says.
Obama's $3.99 trillion budget plan for fiscal 2016 would mark a spending increase of about $240 billion from the current year.
http://news.yahoo.com/behind-obamas-budget-proposals-gloomy-view-future-163206158--business.html
Freakin' hilarious. Increase spending, very low growth.
In a budget proposal unveiled on Monday, the White House cut forecasts for an array of economic variables, depicting less growth, weaker inflation and lower interest rates than officials expected only a year ago.
...
"In the 21st century, real GDP growth in the United States is likely to be slower than it was in earlier eras," the budget proposal says.
Obama's $3.99 trillion budget plan for fiscal 2016 would mark a spending increase of about $240 billion from the current year.
http://news.yahoo.com/behind-obamas-budget-proposals-gloomy-view-future-163206158--business.html
Freakin' hilarious. Increase spending, very low growth.
Everything this economic illiterate believes is refuted by this study:
AMERICA’S labour market boomed in 2014. By December there were 3m more people in work than a year earlier (see chart). Unemployment was 1.1 percentage points lower. The ratio of jobseekers to openings fell from a peak of seven to one in 2009 to two to one in November 2014. What was behind this? The answer in a new study will not please Democrats.*
The job market is hot largely because of a cold-hearted Republican reform, it concludes. Before the financial crisis, jobless workers in most states qualified only for 26 weeks of unemployment benefits. In June 2008 that was extended, thanks to a new federal Emergency Unemployment Compensation (EUC) programme. By the end of 2013 the average unemployed American could expect benefits to last 53 weeks; in three states they could get 73 weeks’ worth.
The study looks at what happened after Congress refused to reauthorise EUC in December 2013. The average limit on benefits plunged to 25 weeks, cutting off roughly 1.3m Americans immediately. Republicans argued that this would push people back into work. Several economists disagreed. Michael Feroli of J.P. Morgan predicted that many jobless Americans, no longer required to seek work as a condition of receiving benefits, would drop out of the labour force entirely. Researchers at the Economic Policy Institute, a leftish think-tank, said the cuts would destroy 310,000 jobs by dampening demand.
In the new paper Marcus Hagedorn, Iourii Manovskii and Kurt Mitman look at over 1,000 counties that border each other but belong to different states. When counties are so close together, they assume, their economies will be pretty similar. Transport, climate and skills will not differ much. But the benefits available could have been very different. In December 2013, for instance, people in Fairfax County, Virginia made do with 40 weeks of benefits; those in nearby Montgomery County, Maryland could get 63. Since the reform limited benefits to 26 weeks in almost all states, it hit Montgomery County harder.
Employment growth in 2014 was higher in counties that saw bigger declines in the duration of benefits. Overall, the authors estimate that the benefit cut led to the creation of 1.8m extra jobs in 2014—about two-thirds of the total.
http://www.economist.com/news/unite...ves-matter?fsrc=scn/tw/te/pe/incentivesmatter
Government spending does not create jobs.
AMERICA’S labour market boomed in 2014. By December there were 3m more people in work than a year earlier (see chart). Unemployment was 1.1 percentage points lower. The ratio of jobseekers to openings fell from a peak of seven to one in 2009 to two to one in November 2014. What was behind this? The answer in a new study will not please Democrats.*
The job market is hot largely because of a cold-hearted Republican reform, it concludes. Before the financial crisis, jobless workers in most states qualified only for 26 weeks of unemployment benefits. In June 2008 that was extended, thanks to a new federal Emergency Unemployment Compensation (EUC) programme. By the end of 2013 the average unemployed American could expect benefits to last 53 weeks; in three states they could get 73 weeks’ worth.
The study looks at what happened after Congress refused to reauthorise EUC in December 2013. The average limit on benefits plunged to 25 weeks, cutting off roughly 1.3m Americans immediately. Republicans argued that this would push people back into work. Several economists disagreed. Michael Feroli of J.P. Morgan predicted that many jobless Americans, no longer required to seek work as a condition of receiving benefits, would drop out of the labour force entirely. Researchers at the Economic Policy Institute, a leftish think-tank, said the cuts would destroy 310,000 jobs by dampening demand.
In the new paper Marcus Hagedorn, Iourii Manovskii and Kurt Mitman look at over 1,000 counties that border each other but belong to different states. When counties are so close together, they assume, their economies will be pretty similar. Transport, climate and skills will not differ much. But the benefits available could have been very different. In December 2013, for instance, people in Fairfax County, Virginia made do with 40 weeks of benefits; those in nearby Montgomery County, Maryland could get 63. Since the reform limited benefits to 26 weeks in almost all states, it hit Montgomery County harder.
Employment growth in 2014 was higher in counties that saw bigger declines in the duration of benefits. Overall, the authors estimate that the benefit cut led to the creation of 1.8m extra jobs in 2014—about two-thirds of the total.
http://www.economist.com/news/unite...ves-matter?fsrc=scn/tw/te/pe/incentivesmatter
Government spending does not create jobs.
Yes, we should elect another gw bush. Because hundreds of thousands of job losses per month, high unemployment and a complete economic collapse is a better way to go. You dummies continue to cut and paste any gloom news you can find. I enjoy how now you clows are comparing centuries...hysterical. It used to be comparing to the last president. Any way to fit your narrative. Morons
poker fraud vtard is a DNC operative - a shill for all that is wrong with America. What would you expect?
We hang up when they call, we don't answer the door when they knock, we change the channel when they appear on TV...so why would anyone give these paid libtard bozos and their commie talking points the time of the day on the Internet?
Stick the troll in Ignore.
vitterd
RX Local
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Ahh...peace.
Ahh...peace.
Lmao. I was right again. Said Joe would claim ignore, talk about me in his posts and the claim ignore again. It gets tiring always being right. These wackjobs are so predictable. Poor Joe has gone downhill since republicans kicked him off their campaign detail.
Hi Joe!! I know you're reading every word. Lmao
Hi Joe!! I know you're reading every word. Lmao
