Off Topic > Off Topic
Obama - :(
Muffinmix:
--- Quote from: Inv3rted on October 16, 2009, 12:33:22 PM ---It would be better if you actually knew what you were saying.
I too am homeschooled, and I can tell you're pulling 'facts' out of your ass.
--- End quote ---
No, no let me pull them off of Google news pages instead since you want some so badly.
http://news.sky.com/skynews/Home/Business/US-Budget-Deficit-Hits-Record-Level-Congressional-Budget-Office-Announces-Giant-Debt-In-2009/Article/200910115401722?f=rss
Most of the money is going out to try to bail out things like the loving Wall Street and as many banks as possible.
http://useconomy.about.com/od/candidatesandtheeconomy/a/Obama_Stimulus.htm
Obama put in 200 billion to stimulate some stabilization in the economy, like more employment, not 1 trillion. The international debt increased by a little over a trillion during Obama's first year in administration due to the simple fact that you're still in a loving recession. Keep in mind the recession period is turning everything into a huge monetary gamble on top of inducing panic in the public and distrust in investors, and of course ruining businesses.
Also some actual economic brown townysis sites which house the numbers, the definitions, but not the biase if you care to sift through the notations:
http://www.bea.gov/
http://www.nber.org/
Bail-outs cost allot of money, that money has to come from somewhere. Also the GPD (Gross Domestic Product) hits into the negatives during a recession, so you aren't making any money at all to compensate for anything as far as the international bank is concerned. Your debt can only go one way, and that's further up the charts.
But hey I'm open to your ideas if you want to enlighten me about something here. I'm just a 4th yearh Chemist, the forget do I know about Business.
Cheemo:
My classmates know nothing of politics
--- Quote from: classmate ---why don't america just do another new deal program like jfk or something
--- End quote ---
Inv3rted:
--- Quote from: Muffinmix on October 16, 2009, 01:07:42 PM ---No, no let me pull them off of Google news pages instead since you want some so badly.
http://news.sky.com/skynews/Home/Business/US-Budget-Deficit-Hits-Record-Level-Congressional-Budget-Office-Announces-Giant-Debt-In-2009/Article/200910115401722?f=rss
Most of the money is going out to try to bail out things like the loving Wall Street and as many banks as possible.
http://useconomy.about.com/od/candidatesandtheeconomy/a/Obama_Stimulus.htm
Obama put in 200 billion to stimulate some stabilization in the economy, like more employment, not 1 trillion. The international debt increased by a little over a trillion during Obama's first year in administration due to the simple fact that you're still in a loving recession. Keep in mind the recession period is turning everything into a huge monetary gamble on top of inducing panic in the public and distrust in investors, and of course ruining businesses.
Also some actual economic brown townysis sites which house the numbers, the definitions, but not the biase if you care to sift through the notations:
http://www.bea.gov/
http://www.nber.org/
Bail-outs cost allot of money, that money has to come from somewhere. Also the GPD (Gross Domestic Product) hits into the negatives during a recession, so you aren't making any money at all to compensate for anything as far as the international bank is concerned. Your debt can only go one way, and that's further up the charts.
But hey I'm open to your ideas if you want to enlighten me about something here. I'm just a 4th yearh Chemist, the forget do I know about Business.
--- End quote ---
Nice, considering I was agreeing with you and speaking to the OP.
Whatisthis:
--- Quote from: Muffinmix on October 16, 2009, 12:30:06 PM ---No wonder you're even more disinformed then the average blocklander.
The rise in debt is inevitable since all your loving businesses are still recovering from the recession (most perished). And no business = no money. What do you think this means in terms of Imports/Exports? Plus the economic future is so unstable for the US, the simplest stuff could throw everything back into another recession at any time and turn the entire country into a 3rd world country, thanks in all to your unregulated no-bounds capitalism.
What you didn't think the US caused the recession? Grab some tea and read this, all of it.
--- End quote ---
I'm sick of your dumbasses who thin being homeschooled makes you stupid. I'm actually smarter than the average blocklander because the average blocklander enjoys hating everything that exists outside of thier ass.
.::Taboo::.:
--- Quote from: Whatisthis on October 16, 2009, 01:45:29 PM ---I'm sick of your dumbasses who thin being homeschooled makes you stupid. I'm actually smarter than the average blocklander because the average blocklander enjoys hating everything that exists outside of thier ass.
--- End quote ---
This thread is fun guys.