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


To: RetiredNow who wrote (749643)10/26/2013 1:21:58 PM
From: bentway  Read Replies (1) | Respond to of 1574419
 
It's stronger than the "recovery" from the Great Depression, the most comparable "recession" to compare the Bush Great Recession to.

"the way to achieve genuine "social security" was not through government handouts, but by "saving pennies and producing more."we can find [the same economic stability] in our jails. The slaves had it [too]." Programs like Social Security would put Americans in cages: "Our people are not ready to be turned into a national zoo."rather than indulging in programs like Social Security, Americans should "cling to their family life, to their homes, to their individual self-respect, to their rights, to their individual liberties." He urged that we must not shift "from the self-made man to the government-coddled man." government programs like Social Security would destroy private charity, "one of the most fundamental of inspirations in the spiritual growth of the family or individual."


Herbert "Great Depression" Hoover, 1935

huffingtonpost.com



To: RetiredNow who wrote (749643)10/26/2013 1:24:15 PM
From: combjelly1 Recommendation

Recommended By
tejek

  Read Replies (2) | Respond to of 1574419
 
Not true. We had a financial meltdown. It always takes more time to recover from those, just ask the Japanese. Plus, we have stupidly implemented austerity measures. Because Smirk had moronically pushed interest rates down to try to prop up the economy going into the 2008 election we didn't have that tool to use.

But, you are a fuzzy minded Austrian School follower. Real economics is over your head...



To: RetiredNow who wrote (749643)10/26/2013 1:48:15 PM
From: tejek  Read Replies (3) | Respond to of 1574419
 
This "recovery" is the weakest in history, precisely because Obama's economic policies don't work. Keynesianism was already proven worthless 30-40 years ago and yet Americans of ignorant disposition who refuse to learn the lessons of economic history are determined to repeat the mistakes of the past.

You have an amazing ability to delude yourself. This country's economy was in trouble well before Obama took over. Its decline began under Bush when Rs controlled everything, leading to the Great Recession.........the worst financial debacle since the Great Depression. In fact when you look at US history since the 1930s GOP control of the gov't has frequently preceded a financial mess of one sort or another. And if Obama's policies have been less effective than desired, its because his policies have been checked by Rs at every turn.

You have claimed in past posts you see that Rs have jumped the rails, and yet, you attribute none of the current economic problems to their obstructionist, dysfunctional behavior. That's very strange...........its suggests you have an inability to see the total picture; to do a complete analysis.



To: RetiredNow who wrote (749643)10/26/2013 1:51:02 PM
From: SilentZ  Respond to of 1574419
 
VERRRRRY misleading, MM. 80% (by FAR the largest percentage) of the people receiving these benefits are on Medicaid. First off, a significant number of people that are on Medicaid have jobs that just don't pay much. Second, more than a third are children. Would you rather those kids work? Well, probably.

>Welfare currently pays more than a minimum-wage job in 35 states, even after accounting for the Earned Income Tax Credit, and in 13 states it pays more than $15 per hour

I've seen stats on this, and it's crap.

1. The largest expenditure on Medicaid is for nursing home care for the disabled and elderly. If you factor that all in to the mix and spread it out among all recipients, it presents a pretty artificially inflated picture.

2. This assertion, which is made a lot, assumes some ideal where people can receive all of the above benefits, many of which conflict.

3. These figures also include public housing, which in expensive metro areas, can be pretty expensive. But no one's (well, maybe a handful of people... maybe) living in luxury in this crappy, mostly-1940s-era-built housing.

Another case of the rich paying rich people to tell the middle class it's all the fault of the poor...

Just like I said to Tench -- you can tell me it's just plain wrong to tax people to pay for other people. Fine, that's a values judgment and an opinion. But don't throw around totally misleading statistics.

-Z