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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (659386)6/21/2012 9:38:23 PM
From: J_F_Shepard  Read Replies (1) | Respond to of 1588639
 
Work that produces something that is useful and desired, creates wealth. Getting paid to produce nothing, or produce something useless, doesn't
What does a hedge fund produce????



To: TimF who wrote (659386)6/21/2012 11:20:46 PM
From: tejek  Read Replies (1) | Respond to of 1588639
 
Lucky?

Yes Lucky. He came to office at the perfect time, in terms of the business cycle, the peace dividend, and the tech boom, and he had the Republicans take over to keep him from his worst excesses, then unlike Obama he worked with them (and they unlike the Republicans when Bush was president, stamped down on government growth and deficits).


There may have been a modicum of luck involved but most of it was due to competence and judgment just as it was incompetence and poor judgment that led Bush to create only 1 million jobs during his two terms as president while creating an economic disaster of gigantic proportions.

Tim, a bit of advice.........don't indulge in issues you don't understand.

except now. Public employment is dropping like a rock

No it isn't. Its undergoing a relatively moderate and over due cut, not dropping like a rock.


If I remember correctly, over 1 million public jobs have been lost. That's significant.

a person working spends money which creates other jobs.

Then we could insure prosperity by paying people to dig holes and paying other to fill them in right? And broken windows also create prosperity because someone pays to fix them...

Your forgetting that the money they get comes from somewhere else. In this case from the tax payers


Bingo! That's the issue. The money comes from your pocket and that just pisses you wingers off to no end. You can't accept that that's part of what democracy and culture and civilization are all about.

Well, Tim, some more advice...........find a place to form your own country........one to your own design and leave the rest of us out of it.