And Willie even said the economy is turning despite the fact we had a -2.9% GDP drop in q1. It's hilarious how they work. If you make a thread about how good the economy is doing, Willie would then argue the economy sucks because of Obama.
But no offense, scottcarter and Sheriff Joe's economic understanding is embarrassing. You would not be taught what they say in any University in the world.
One look at the record spending levels tells you all you need to know: those govt resources have been diverted elsewhere, i.e. crony capitalist private contractors, armies of Washington consultants, wasted record food stamps, Obamacare, Government Motors, Solyndra and every failed "green energy" company...on and on.
Same shit, different pile.
How the hell would you know recognize a serious educated econ debate if you've never been in an academic setting, O-fer Aktard?
http://www.debate.org/akphidelt/
Tents and igloos don't count.
Loser!@#0
I provide plenty of substance. See post 38, 49, 50, 52.
You just can't respond and instead prefer name calling, because there's no way to defend your Keynesian Big Govt loose money ideology, O-FER AKtard.
Our resident retard STILL believes the 'stimulus' worked because his really, REALLY smart English prof told him so!
Loser!@#0
For decades those "really, REALLY smart educated people making intelligent, informed decisions" in government and central banking have driven the country into the ground.
It's so bad now that the US population is being incrementally replaced and eliminated by low wage third world peasants who are happy earning 1980s wages. Mind you, you don't need high wages if your money is worth more than mule piss.
As Bastiat would say, "that which is seen, and which is not seen"
For decades those really, REALLY smart people in government and central banking have driven the country into the ground.
It's so bad now that the US population is being incrementally replaced and eliminated by a population of low wage third world peasants who are happy earning 1980s wages. Mind you, you don't need high wages if your money is worth more than mule piss.
As Bastiat would say, "that which is seen, and which is not seen"
If you understood economics at all, you'd realize that graph is normal. Pretty much shows inflation which the Fed openly targets these days to get to 2%. It's not even a debate in economics anymore that inflation is necessary. That's how dumb you are.
Inflation is one of the greatest government scams in history. Rather than raise taxes (pay-as-you-go socialism) so people know who the culprit is, the government inflates the money supply to pay for ever more unsustainable debts and expenditures. With inflation and low wages the government can blame what it's doing to the economy and people on the private sector, where prices rise in response to the government's constant debasement of the currency.
But then you read Big-Government-Is Great blogs, no surprise you believe constant debasement of the currency is a good thing. That's how dumb you are.
You could fit into a thimble what the absolute moron who created this thread knows about economics.
For example, this absolute dumb fuck is asserting that this non-existent "austerity" is to blame for the economic malaise America finds herself in.
Guess what the absolute dumb fuck ignores when making this assertion?
4,931,000 federal workers in 1992
4,135,000 federal workers in 1999.
Anyone want to argue that the U/E rate didn't fall and the GDP didn't grow during that time?
Don't worry, the absolute dumb fuck will sputter and wail a stupid response.
For example, this absolute dumb fuck is asserting that this non-existent "austerity" is to blame for the economic malaise America finds herself in.
Guess what the absolute dumb fuck ignores when making this assertion?
4,931,000 federal workers in 1992
4,135,000 federal workers in 1999.
Anyone want to argue that the U/E rate didn't fall and the GDP didn't grow during that time?
Don't worry, the absolute dumb fuck will sputter and wail a stupid response.
The tax code is not our problem. Taxes are no different then an expense.
ointer:
What an absolute moron this kid is.
Never had a real job.
Never hired anyone
Never fired anyone
Quite literally has no clue why a business expands or moves. Has no idea.
As always, the timeliness of these absolute dumb fuck comments are impeccable. This was just in the NY Times
Health care companies, like many big American corporations, have a long list of complaints: regulation, global competition and, chief of all, taxes.
But increasingly, drug makers and medical device companies have found a way to self-medicate.
By buying a smaller overseas competitor and reincorporating abroad — a maneuver called inversion — health care companies are extricating themselves from the American tax regimen.
Yes, 2 huge drug companies are reincorporating in Ireland and the Netherlands because of taxes. (and this: Fleeing Taxes, Salix Pharmaceuticals Moves to Ireland)
But taxes aren't a problem. They're just and "expense!!"
Again, this dumb fuck is astonishing in his ignorance.
ointer:What an absolute moron this kid is.
Never had a real job.
Never hired anyone
Never fired anyone
Quite literally has no clue why a business expands or moves. Has no idea.
As always, the timeliness of these absolute dumb fuck comments are impeccable. This was just in the NY Times
Health care companies, like many big American corporations, have a long list of complaints: regulation, global competition and, chief of all, taxes.
But increasingly, drug makers and medical device companies have found a way to self-medicate.
By buying a smaller overseas competitor and reincorporating abroad — a maneuver called inversion — health care companies are extricating themselves from the American tax regimen.
Yes, 2 huge drug companies are reincorporating in Ireland and the Netherlands because of taxes. (and this: Fleeing Taxes, Salix Pharmaceuticals Moves to Ireland)
But taxes aren't a problem. They're just and "expense!!"
Again, this dumb fuck is astonishing in his ignorance.
Brett Molina, 12:52 p.m. EDT July 17, 2014
Microsoft headquarters in Redmond, Wash. (Photo: Ted S. Warren, AP)
2455 CONNECT 600 TWEET 99 LINKEDIN 140 COMMENTEMAILMORE
Microsoft confirmed it will cut up to 18,000 jobs over the next year, part of the tech titan's efforts to streamline its business under new CEO Satya Nadella.
In a statement released Thursday, Microsoft says about 12,500 of the professional and factory positions will be cut as part of its $7.2 billion acquisition of Nokia's handset business, which the company closed in April.
"My promise to you is that we will go through this process in the most thoughtful and transparent way possible," said Nadella in a memo to employees.
Nadella, who replaced Steve Ballmer in February, says the "vast majority" of employees affected by layoffs will be notified within the next six months. They will also earn severance and job transition help in many locations. All cuts will be completed by next June.
The layoffs by Microsoft -- which employs 125,000 people -- are the company's largest ever. The acquisition of Nokia's handset business in April added 25,000 people to Microsoft's payroll.
USATODAY
First Take: Nokia takes deepest cut in Microsoft layoffs
Daniel Ives, analyst with FBR Capital Markets, says the "larger than expected" layoffs hints at Nadella's plans to simplify Microsoft's infrastructure.
"Under the Ballmer era, there were many layers of management and a plethora of expensive initiatives being funded that has thus hurt the strategic and financial position the company is in, especially in light of digesting the Nokia acquisition," Ives says.
"Nadella is using today as an opportunity to make sure that Microsoft is ready and well positioned to embark on its next chapter of growth around mobile and cloud," Ives says.
Microsoft expects to incur pre-tax charges as high as $1.6 billion over the next four quarters, which will include $750 million to $800 million for severance and related benefit costs, and $350 million to $800 million of asset-related charges.
Shares of Microsoft were up 3.3% at $45.55 in pre-market trading. Overall, investors have been pleased by Nadella's performance. Microsoft stock surged 25% since Nadella took over.
USATODAY
Baig: The promise and pain of Windows Phone and Nokia
Last week, Nadella sent a memo to employees reinforcing his vision for a "mobile-first, cloud-first" world, focusing on unifying its software and hardware.
"Microsoft has a unique ability to harmonize the world's devices, apps, docs, data and social networks in digital work and life experiences so that people are at the center and are empowered to do more and achieve more with what is becoming an increasingly scarce commodity — time!" Nadella wrote.
Nadella has injected "a new sense of focus, energy and interest in what's going on at Microsoft," says S&P Capital IQ analyst Scott Kessler, citing Microsoft's deal with Apple to host productivity apps suite Office on the iPad.
"He's doing things the way he thinks they should be done," Kessler says. "If it means they're going to do a partnership with a former -- and you could argue current -- rival in Apple for the betterment of the business, then he's going to do it."
Gartner analyst Merv Adrian says Nadella recognizes Microsoft cannot operate with a "Windows first at all costs model" and has started shaping the company to thrive in a tech space with multiple platforms and devices. "It's been a very consistent delivery on the promises he's made so far," he says.
Microsoft is the latest tech giant suffering through a round of layoffs. In May, personal computer company Hewlett-Packard announced it would cut an additional 11,000 to 16,000 jobs as part of a massive restructuring. Earlier this year, IBM said it would take a $1 billion charge for "workforce re-balancing."
Chip maker Intel and network-equipment maker Cisco Systems both said in the past year they were cutting about 5% of their workforces.
Microsoft headquarters in Redmond, Wash. (Photo: Ted S. Warren, AP)
2455 CONNECT 600 TWEET 99 LINKEDIN 140 COMMENTEMAILMORE
Microsoft confirmed it will cut up to 18,000 jobs over the next year, part of the tech titan's efforts to streamline its business under new CEO Satya Nadella.
In a statement released Thursday, Microsoft says about 12,500 of the professional and factory positions will be cut as part of its $7.2 billion acquisition of Nokia's handset business, which the company closed in April.
"My promise to you is that we will go through this process in the most thoughtful and transparent way possible," said Nadella in a memo to employees.
Nadella, who replaced Steve Ballmer in February, says the "vast majority" of employees affected by layoffs will be notified within the next six months. They will also earn severance and job transition help in many locations. All cuts will be completed by next June.
The layoffs by Microsoft -- which employs 125,000 people -- are the company's largest ever. The acquisition of Nokia's handset business in April added 25,000 people to Microsoft's payroll.
USATODAY
First Take: Nokia takes deepest cut in Microsoft layoffs
Daniel Ives, analyst with FBR Capital Markets, says the "larger than expected" layoffs hints at Nadella's plans to simplify Microsoft's infrastructure.
"Under the Ballmer era, there were many layers of management and a plethora of expensive initiatives being funded that has thus hurt the strategic and financial position the company is in, especially in light of digesting the Nokia acquisition," Ives says.
"Nadella is using today as an opportunity to make sure that Microsoft is ready and well positioned to embark on its next chapter of growth around mobile and cloud," Ives says.
Microsoft expects to incur pre-tax charges as high as $1.6 billion over the next four quarters, which will include $750 million to $800 million for severance and related benefit costs, and $350 million to $800 million of asset-related charges.
Shares of Microsoft were up 3.3% at $45.55 in pre-market trading. Overall, investors have been pleased by Nadella's performance. Microsoft stock surged 25% since Nadella took over.
USATODAY
Baig: The promise and pain of Windows Phone and Nokia
Last week, Nadella sent a memo to employees reinforcing his vision for a "mobile-first, cloud-first" world, focusing on unifying its software and hardware.
"Microsoft has a unique ability to harmonize the world's devices, apps, docs, data and social networks in digital work and life experiences so that people are at the center and are empowered to do more and achieve more with what is becoming an increasingly scarce commodity — time!" Nadella wrote.
Nadella has injected "a new sense of focus, energy and interest in what's going on at Microsoft," says S&P Capital IQ analyst Scott Kessler, citing Microsoft's deal with Apple to host productivity apps suite Office on the iPad.
"He's doing things the way he thinks they should be done," Kessler says. "If it means they're going to do a partnership with a former -- and you could argue current -- rival in Apple for the betterment of the business, then he's going to do it."
Gartner analyst Merv Adrian says Nadella recognizes Microsoft cannot operate with a "Windows first at all costs model" and has started shaping the company to thrive in a tech space with multiple platforms and devices. "It's been a very consistent delivery on the promises he's made so far," he says.
Microsoft is the latest tech giant suffering through a round of layoffs. In May, personal computer company Hewlett-Packard announced it would cut an additional 11,000 to 16,000 jobs as part of a massive restructuring. Earlier this year, IBM said it would take a $1 billion charge for "workforce re-balancing."
Chip maker Intel and network-equipment maker Cisco Systems both said in the past year they were cutting about 5% of their workforces.
