Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - 120 Days to Go Until the Largest Tax Hikes in US History

Azure · 09-05-2010, 05:37 PM

How long have the Democrats been in charge of Congress?

I fail to see how you can blame this problem on one party, and let the other party off the hook. The loss of jobs may be the result of the natural cycle of the market, or, because of inadequate banking regulations, the result of problems going back to the Carter years.

Obama isn't even at fault for the 41,000 jobs. Hell, he isn't even at fault that the economy crashed. He inherited a horrid situation that was created by years upon years of stupidity and incompetence by EVERYONE on Capital Hill.

His 'responsibility' began with the stimulus bill, the recovering of the economy, AFTER it crashed.

As for the jobs the stimulus created, because of the money invested into infrastructure and other type of upgrades, certainly it created jobs. The government also created a lot of jobs with IRS hiring, and temporary census workers.

Did that solve the unemployment problem? No it didn't. The private side needs to start hiring. The public side can't power the economy. It can help to a SMALL degree, but it can't power it. And I think Obama, and a lot of his supporters were so caught up in the 'hype' that they didn't even realize that his policies weren't going to make things better overnight like a lot of them expected. I think even he expected it.

End of the day, private side has to start hiring people, start spending the money they're sitting on. The stimulus is going to do what it was set out to do, plus waste a lot of taxpayer money in the process as this is the same government that magically 'lost' billions in Iraq. But, I still think it will take at least a decade for those changes to be seen. Hell, it'll take a long time for the changes of Obamacare to really start being shown. Negative or positive.

Problem is that that is a trillion here, a trillion there....money that is just making the debt keep going up. You can't sustain that forever, and it goes without saying that the US will have to cut and suffer to get back on track. And I don't think they're willing to do that. Hell, there are people on CP that actually think that the US just needs to spend MORE on health care, MORE on this, MORE on that when they're already spending MORE on health care than a lot of different countries who have a FAR better system.

There was a post earlier that talked about the US consumer not living within his means. Credit card spending and paying the minimum amount possible to just get by. Buying a house you can't afford, a car you want but don't have the money for. This attitude is exactly the same attitude the US government has, and until that changes the US is going to continue going down.

09-05-2010, 05:37 PM	#103
Azure Had an idea! Join Date: Oct 2005 Exp:	How long have the Democrats been in charge of Congress? I fail to see how you can blame this problem on one party, and let the other party off the hook. The loss of jobs may be the result of the natural cycle of the market, or, because of inadequate banking regulations, the result of problems going back to the Carter years. Obama isn't even at fault for the 41,000 jobs. Hell, he isn't even at fault that the economy crashed. He inherited a horrid situation that was created by years upon years of stupidity and incompetence by EVERYONE on Capital Hill. His 'responsibility' began with the stimulus bill, the recovering of the economy, AFTER it crashed. As for the jobs the stimulus created, because of the money invested into infrastructure and other type of upgrades, certainly it created jobs. The government also created a lot of jobs with IRS hiring, and temporary census workers. Did that solve the unemployment problem? No it didn't. The private side needs to start hiring. The public side can't power the economy. It can help to a SMALL degree, but it can't power it. And I think Obama, and a lot of his supporters were so caught up in the 'hype' that they didn't even realize that his policies weren't going to make things better overnight like a lot of them expected. I think even he expected it. End of the day, private side has to start hiring people, start spending the money they're sitting on. The stimulus is going to do what it was set out to do, plus waste a lot of taxpayer money in the process as this is the same government that magically 'lost' billions in Iraq. But, I still think it will take at least a decade for those changes to be seen. Hell, it'll take a long time for the changes of Obamacare to really start being shown. Negative or positive. Problem is that that is a trillion here, a trillion there....money that is just making the debt keep going up. You can't sustain that forever, and it goes without saying that the US will have to cut and suffer to get back on track. And I don't think they're willing to do that. Hell, there are people on CP that actually think that the US just needs to spend MORE on health care, MORE on this, MORE on that when they're already spending MORE on health care than a lot of different countries who have a FAR better system. There was a post earlier that talked about the US consumer not living within his means. Credit card spending and paying the minimum amount possible to just get by. Buying a house you can't afford, a car you want but don't have the money for. This attitude is exactly the same attitude the US government has, and until that changes the US is going to continue going down.