Broader unemployment measure at 17.5%

[why?]

Originally Posted by kustom play

yet we keep giving millions of dollars in aid to other countries while ours suffers

save the children in (insert country name here) how about we save our own first then go help others?

Amen to that. The amount we give to foriegn countries is downright absurd. There is large amounts of money given to the same countries every single year. If they can't handle whatever they are doing, why the heck should we subsidize them?

Originally Posted by camelll

You really believe that Obama is to blame for all the job losses? He inherited the problem that we are in right now. Now you wanna talk about dates with the wife and parties not to mention vacations you need to look at bush. That guy spent more time out of office than in it.

How many people would have lost their jobs if gm and other auto manufacturers would have folded, including the fallout from manufacturers? What about all the banks, what if all those jobs evaporated and the banks folded up? Now sure the fdic would have stepped in and covered peoples money up to 200,000 or 250,000 dollars but those people would still be out of jobs. There is no perfect answer to fix the problem we are in but to just say it is Obama's fault is ignorant.

This makes no sense. The more that don't have jobs the more people that are not spending, the more people that cannot afford their mortgages, car payments etc, etc. This believe it or not would eventually affect you to. You think the great depression was bad, it would have had nothing on what would have been like had the not government stepped in.


You voted these people in. Maybe not every single one of them but you did none the less. If you did not vote or you do not vote then its hard to criticize how the people run the country. Call, email or mail your congressmen, mayor or governor letters with your concerns. Get involved.
The are trying to help but people are complaining, ranting and raving and just blaming Obama. Your representatives, which are elected are the ones voting on these bills, again call them and voice your opinions.

In my opinion republicans believe in trickle down economics and democrats believe in trickle up. Republicans are for the rich and democrats are for the not rich.

Obama did not inherit this problem. Not at all. Under Bush unemployment hovered right around 4%. Obama has more then doubled it.

I have absolutely no problem with the President taking vacations. They are human beings after all. I have massive problems with a President using taxpayer funds to do so. Obama has been throwing massive and absurdly extravagant parties all the time. And he always uses taxpayer money.

GM would not have folded. It would have been bought out by a company that actually knew what it was doing. Gm obviously does not, and hasn't for a long time, if they ever have. Chrysler should have been allowed to fail in the 80's.

The bank crisis was caused by the federal government trying to tell banks how to do things. If Fannie Mae and Freddie Mac didn't exist, there would not have been a banking crisis. The current banking system and its regulations are inherently flawed. It must be fixed to make some sense, or we will have constant banking issues.

Ooh, talking about the Great Depression, thank you for bringing that up. While it might not have been directly caused by governmental rules and regulations (and that is still debatable) it was prolonged because of the great society. The USA was the only country still in a depression before WW2. The government directly caused many of the issues.

Let's talk simple economics. The more the government spends, the more they have to tax. And if they don't tax, the money becomes worth less and less. Our government is going to destroy the dollar if they keep on the path they are going.

If people cannot afford what they have, they should not have bought it. Sorry but the average American consumer has proven they are completely clueless when it comes to finances. I feel no sorrow for people who carry credit card debt that is any significant percent of their annual income.

And anyone with a brain will know it will eventually effect them. Good. The quicker everything bottoms out, the more people learn. The Great Depression taught an entire generation how to be responsible and thrifty with money. The current generation has completely forgotten all of those lessons. That is why we have the current economic problems.

You cannot save everyone. If you try you will end up losing everything. We aren't that far off from some economic problems we have never seen before. The Great Depression will look like nothing if we stay the course we are currently on.

The government has turned what were a few stupid companies into an economic depression. And is now trying to lie about it. And they are trying to solve the problems the exact same way they created the problems.

Government is always the problem. Always. It cannot solve anything, only cause problems. Let individuals fix things, let government beaurocrats make sure individuals are protected.

Oh, The American people are speaking out, and loudly. And thier "elected representatives"(gag) are insulting them. The morons in congress don't represent anyone but themselves anymore.

Obama is to blame. People were being told he would do this a few years before the election. I am not surpised this is happening, it was obvious this is what Obama wanted.

There is sadly very little real difference between Republicans and Democrats nowadays. McCain would have caused the same issues Obama has, he would have just done it a little slower. Democrats are much worse though.

And Bush gave Obama the ammunition he needed with TARP. Just so sad.

The problem is the two party system. Democrats are catering to communists at the moment, and the republican leadership thinks the only way it can get anywhere is to be "democrat lite."

The problem is government beaurocrats and our "elected officials" don't have much, if any, real world experience. Most of these people have never held a real job. Obama is a great example of this. The USA is the very business he has ever run. And people are surprised with the results?

[supmet]

Originally Posted by why?

Obama did not inherit this problem. Not at all. Under Bush unemployment hovered right around 4%. Obama has more then doubled it.

Dude.. the least you could do is google "unemployment under bush"

"U.S. unemployment rates under President Bush have reached a 14-year high. According to the Bureau of Labor Statistics, unemployment climbed to 6.5 percent in October, "

http://blogs.payscale.com/salary_rep...8/11/post.html

Now stop spewing BS and blaming everything on Obama.

oh boy... I just got to the part about fannie mae... you REALLY have no clue, do you.....

[bigbang]

Originally Posted by why?

Amen to that. The amount we give to foriegn countries is downright absurd. There is large amounts of money given to the same countries every single year. If they can't handle whatever they are doing, why the heck should we subsidize them?



Obama did not inherit this problem. Not at all. Under Bush unemployment hovered right around 4%. Obama has more then doubled it.

I have absolutely no problem with the President taking vacations. They are human beings after all. I have massive problems with a President using taxpayer funds to do so. Obama has been throwing massive and absurdly extravagant parties all the time. And he always uses taxpayer money.

GM would not have folded. It would have been bought out by a company that actually knew what it was doing. Gm obviously does not, and hasn't for a long time, if they ever have. Chrysler should have been allowed to fail in the 80's.

The bank crisis was caused by the federal government trying to tell banks how to do things. If Fannie Mae and Freddie Mac didn't exist, there would not have been a banking crisis. The current banking system and its regulations are inherently flawed. It must be fixed to make some sense, or we will have constant banking issues.

Ooh, talking about the Great Depression, thank you for bringing that up. While it might not have been directly caused by governmental rules and regulations (and that is still debatable) it was prolonged because of the great society. The USA was the only country still in a depression before WW2. The government directly caused many of the issues.

Let's talk simple economics. The more the government spends, the more they have to tax. And if they don't tax, the money becomes worth less and less. Our government is going to destroy the dollar if they keep on the path they are going.

If people cannot afford what they have, they should not have bought it. Sorry but the average American consumer has proven they are completely clueless when it comes to finances. I feel no sorrow for people who carry credit card debt that is any significant percent of their annual income.

And anyone with a brain will know it will eventually effect them. Good. The quicker everything bottoms out, the more people learn. The Great Depression taught an entire generation how to be responsible and thrifty with money. The current generation has completely forgotten all of those lessons. That is why we have the current economic problems.

You cannot save everyone. If you try you will end up losing everything. We aren't that far off from some economic problems we have never seen before. The Great Depression will look like nothing if we stay the course we are currently on.

The government has turned what were a few stupid companies into an economic depression. And is now trying to lie about it. And they are trying to solve the problems the exact same way they created the problems.

Government is always the problem. Always. It cannot solve anything, only cause problems. Let individuals fix things, let government beaurocrats make sure individuals are protected.

Oh, The American people are speaking out, and loudly. And thier "elected representatives"(gag) are insulting them. The morons in congress don't represent anyone but themselves anymore.

Obama is to blame. People were being told he would do this a few years before the election. I am not surpised this is happening, it was obvious this is what Obama wanted.

There is sadly very little real difference between Republicans and Democrats nowadays. McCain would have caused the same issues Obama has, he would have just done it a little slower. Democrats are much worse though.

And Bush gave Obama the ammunition he needed with TARP. Just so sad.

The problem is the two party system. Democrats are catering to communists at the moment, and the republican leadership thinks the only way it can get anywhere is to be "democrat lite."

The problem is government beaurocrats and our "elected officials" don't have much, if any, real world experience. Most of these people have never held a real job. Obama is a great example of this. The USA is the very business he has ever run. And people are surprised with the results?

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