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Old April 11th, 2017, 04:12 PM   #21
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I do not use the terms "I won" or "you lost." That is a liberal thing.
But you sure use the hell out of the term "out of context" (Even when it's meaningless)
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Old April 11th, 2017, 04:15 PM   #22
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As usual your logic absolutely evades me. So let's be clear. Obama and the Dems ARE for the middle class. We certainly don't see the GOP cheering for the middle class, or healthcare or minimum wage or tax breaks. Everything the GOP implements is geared toward CEOs and corporations---NOT toward middle American.
It was NOT Obama and the Democrats who said "HEY--let's have a recession!" The reality was something entirely the result of Dubya's war, Dubya's economic policies Dubya's Wall Street, Dubya's deficit, Dubya's deregulation approach....the buck stops with Dubya.
Widespread failures in financial regulation, including the Federal Reserve’s failure to stem the tide of toxic mortgages; Dramatic breakdowns in corporate governance including too many financial firms acting recklessly and taking on too much risk; An explosive mix of excessive borrowing and risk by households and Wall Street that put the financial system on a collision course with crisis; Key policy makers ill prepared for the crisis, lacking a full understanding of the financial system they oversaw; and systemic breaches in accountability and ethics at all levels.
AND in walks Obama.........and YOUR logic is Obama and the Democrats were not FOR the middle class? That somehow Obama bankrupted Main Street?? After the damage was done?? You've just put three gallons of crazy in a two gallon bucket, Sugar.

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Old April 11th, 2017, 04:18 PM   #23
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Old April 11th, 2017, 04:22 PM   #24
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Middle class boomed under Reagan. You need to wait until more baby boomers die off before you try to pedal the lie Reagan policies hurt the midfield class.
The distribution of wealth had been becoming less concentrated from 1930 to 1980, Reagan reversed that, nearly every year since Reagan pushed through his policies, wealth has become more concentrated, reaching Gilded Age levels recently.

This is why growth has been meager, and the middle class has been reduced.

The formula is simple, when AFter tax return on investment is higher than the economic growth rate wealth becomes more concentrated, when after tax return on investment is less than the growth rate, wealth becomes less concentrated.

And too much concentration of wealth is bad for the economy.
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Old April 11th, 2017, 04:33 PM   #25
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The distribution of wealth had been becoming less concentrated from 1930 to 1980, Reagan reversed that, nearly every year since Reagan pushed through his policies, wealth has become more concentrated, reaching Gilded Age levels recently.

This is why growth has been meager, and the middle class has been reduced.

The formula is simple, when AFter tax return on investment is higher than the economic growth rate wealth becomes more concentrated, when after tax return on investment is less than the growth rate, wealth becomes less concentrated.

And too much concentration of wealth is bad for the economy.
That is hilarious. So you are just saying that you believe that wealth distribution is not only a good thing but necessary for an economy to operate.

No sale pumpkin.
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Old April 11th, 2017, 04:34 PM   #26
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The recession ended in 2009 on its own. The next 7 1/2 years of Obama's recovery are owned by Obama. It is the worst recover since the end of WW II. All of the major recessions were ended with the same economic policies dating to the 1920s that unencumbered businesses and allowed for a rapid and bountiful expansion of the economy except for Obama and his policies. The only difference in the recoveries were Obama's policies.
BULLSHITE !!!!!! You yourself pointed out that the deindustrialization of this country has been going on since the 1960s. We've simply reached a point where so many manufacturing jobs have left the country there is very little supporting the economy. Pretty much down to housing and automakers. Add to that 12 MILLLION illegals and we have a labor glut. There is simply NO REASON for companies to pay more, when one employee leaves and three more are waiting for the same job.

The only difference is the rate of deindustrialization has accelerated since NAFTA and the EIGHT other FTAs added by Bush and a republican congress. By the time Bush tanked the economy there was simply very little left to lead a recovery. That we've recovered at all is pretty good. I'll be damned surprised if the great Dumpster does any better unless he really does manage to bring a substantial amount of manufacturing back to this county.
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Old April 11th, 2017, 04:41 PM   #27
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Originally Posted by Nwolfe35 View Post
But you sure use the hell out of the term "out of context" (Even when it's meaningless)
I use the term "out of context" when someone, such as yourself, attempts to alter the meaning of a document by using an out of context quote.
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Old April 11th, 2017, 04:44 PM   #28
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BULLSHITE !!!!!! You yourself pointed out that the deindustrialization of this country has been going on since the 1960s. We've simply reached a point where so many manufacturing jobs have left the country there is very little supporting the economy. Pretty much down to housing and automakers. Add to that 12 MILLLION illegals and we have a labor glut. There is simply NO REASON for companies to pay more, when one employee leaves and three more are waiting for the same job.

The only difference is the rate of deindustrialization has accelerated since NAFTA and the EIGHT other FTAs added by Bush and a republican congress. By the time Bush tanked the economy there was simply very little left to lead a recovery. That we've recovered at all is pretty good. I'll be damned surprised if the great Dumpster does any better unless he really does manage to bring a substantial amount of manufacturing back to this county.
That is not what I stated. I pointed out that the service industry has been gaining on the manufacturing for over one hundred years. There was a huge surge in manufacturing after WWII because of the equivalent of $1 trillion in bonds cashed and pent up demand. That lasted until the 1970s. Obama's worst recovery since WWII was policy related.
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Old April 11th, 2017, 04:50 PM   #29
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That is hilarious. So you are just saying that you believe that wealth distribution is not only a good thing but necessary for an economy to operate.

No sale pumpkin.
Anytime a liberal starts whining about wealth can income, they suddenly have an onset of keyboard tourette syndrome, and just start typing Regan's name.
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Old April 11th, 2017, 04:51 PM   #30
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Originally Posted by BubbaJones View Post
BULLSHITE !!!!!! You yourself pointed out that the deindustrialization of this country has been going on since the 1960s. We've simply reached a point where so many manufacturing jobs have left the country there is very little supporting the economy. Pretty much down to housing and automakers. Add to that 12 MILLLION illegals and we have a labor glut. There is simply NO REASON for companies to pay more, when one employee leaves and three more are waiting for the same job.

The only difference is the rate of deindustrialization has accelerated since NAFTA and the EIGHT other FTAs added by Bush and a republican congress. By the time Bush tanked the economy there was simply very little left to lead a recovery. That we've recovered at all is pretty good. I'll be damned surprised if the great Dumpster does any better unless he really does manage to bring a substantial amount of manufacturing back to this county.
...Don't forget to dump the amount of manufacturing jobs lost to technology and will be lost to technology in the future...Besides the fact that those middle class manufacturing jobs are no longer good paying with all the global competition there is now...

...I have a lot of extended family in teaching and they are starting to realize it's only a matter of time before technology claims most fields of study...Shit their 3D printing houses, eventually you'll need a degree in robotics to build a house...
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