Originally posted by Broncojohnny
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Dow Jones at an all time high
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Roughly 70% of S&P profits come from overseas. Earnings are good because of exchange rates on those profits. And cost cutting. Consumer demand is decent. Problem is no one wants to invest capital. That means no jobs. We aren't even creating enough jobs to keep up with population growth.Originally posted by Roscoe View Post"I want to create jobs" - well you can't do that by raising taxes and continued spending levels that you have. Not to mention healthcare is fucking over every business.
Companies are doing great (look at the market) but they still aren't hiring because of fear and uncertainty of the future. Obama is great at selling guns, that's about it.
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This too. At the end of this year insurance companies can no longer deny people for pre-existing conditions. They can also no longer cap lifetime expenditures. Premiums are going to go through the roof. This is after a huge increase this year.Originally posted by ceyko View PostThe problem with Obama is not just screwing the economy, it's all the bells and whistles he f'ing with too. Obamacare, 2nd amendment, border security, etc...etc...etc...etc. The list is quite long.
However, I'm fairly confident that none of our selections are truly qualified for the POTUS position anymore.
Gee, I can't figure out why no companies are hiring, can you? Maybe Nanus can explain it all to us.
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"I want to create jobs" - well you can't do that by raising taxes and continued spending levels that you have. Not to mention healthcare is fucking over every business.
Companies are doing great (look at the market) but they still aren't hiring because of fear and uncertainty of the future. Obama is great at selling guns, that's about it.
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Yes, that is because they could have done absolutely nothing and done better. Instead you have a guy who gets on the TV and all he wants to talk about is raising taxes. Go ahead and explain to me how that will imrpove the economy. I think I will be waiting a while since you are so economically retarded that you don't even know how income taxes work.Originally posted by naynay View Post3 years?
john mccain and sarah palin would have done better?

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Originally posted by naynay View Post3 years?
john mccain and sarah palin would have done better?
The problem with Obama is not just screwing the economy, it's all the bells and whistles he f'ing with too. Obamacare, 2nd amendment, border security, etc...etc...etc...etc. The list is quite long.Originally posted by Roscoe View PostA fucking retard could've done better..
However, I'm fairly confident that none of our selections are truly qualified for the POTUS position anymore.
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Here is one opinion below. Sad part is I really can't keep on top of this shit because I'm not educated enough in it. What I DO KNOW, is for a lot of years here we've been doing things that would cause my household to go bankrupt. Financing failed business ventures, way over budget (well, no budget) and so on. All these indicate that we're about to run into a wall, so I tend to believe the people who say we're screwed.
...graphs and such in the link...
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Would have been there three years ago if we didn't elect an economically illiterate president.
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If you work for the railroad, it's a good day, cause you know they invest.
If you're a pipefitter, take that $500 refund from your return and invest it. Gotta start somewhere.
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The sequester went through, the government is doing some quasi cuts and the fear mongering was wrong? Stocks rally when the government does something slightly logical?
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