What do you think the biggest stories of 2012 were — in national news, local news, sports and entertainment?
The jobs bill was just another pork sandwich Blanket... what we'd have would be another half trillion in debt.
And how much revenue would we have received in taxes and how much growth in the economy with people having money to spend? We're back to the same philosophical differences, aren't we?
Wouldn't you rather be spending money on a jobs bill that helps our crumbling infrastructure than to pay for unemployment?
Well... you seem to see government spending as a multiplier... I see it as a guy dipping water out of one end of the pool and pouring it back into the other... spilling about half of it on his way.
The money has to come from somewhere, blanket. Forgive me if I don't trust the current lot with more of my grandchildren's future earnings.
The money should come from helping to create jobs and from expiring the Bush tax cuts. I also agree that we need to cut spending - foreign aid and the military would be a good start.
Ben, considering the grim facts that Bush & Cheney cut federal tax rates, increased federal spending, by starting two expensive elective wars, deregulated Wall Street's speculators, and then ran the ship-o-state aground on the rocks of financial disaster...considering all that, President Obama has done a good job in restoring confidence in the American brand....he was handed a royal cluster-f*ck....repairing the damage is expensive and takes time....some cooperation from the GOP would certainly help.
Exactly, Loner. You don't fix a mess like that overnight.
And let's not forget once again - Bush cooked the books and the deficit was much worse than the Bush administration let on.
The only 'jobs' the Fed has created is a bloated bureaucracy that history teaches will never shrink.
Should any of those rosy projections for private sector growth come to pass they will despite the government's efforts... not because of them.
Blanketnazi2 on 1/3/13 at 9:30
bud, if you agree with my statement then why are you complaining about less take home pay?
I agree with the unemployment rates; however I do not appreciate that people will have less take home pay. Who would think that is good for anyone?
Manpower jobs are usually $8 to $14 dollars for the person working for them. ManPower gets the rest of it; they are usually temp jobs or temp to perm and I've heard of many people who get dumped after their 90 or 120 day "trial run" so the company can bring in someone and keep the same low rate.
Deregulation and tax cuts didn't trickle down, did it?
bud, the tax break should have never happened in the first place! That's the point. And regardless of your opinion of Manpower it does not negate the fact that jobs are being added to the workforce - and the survey was not of jobs just being added by Manpower, it was a survey held asking companies if jobs were being added to their budget.
The Grand Old Party realizes the Bush & Cheney were disastrous...they were not even invited to the Republican National Convention....but Ben Dover, in Nashville, still carries the torch for the Bush family dynasty....he's comfortable with dynastic democracy....royal families....rule by aristocrats....a congenital leadership gene.
Anyone who can defend Bush & Cheney are not in their right mind or facing reality. Even the crazy GOPers realize that.
Loner said "I served in the US Army honorably, 1967-69....and I served my community as a Rural Letter Carrier for a couple of decades...I paid my dues....what about you, Miss December 1966?"
Loner, I lived in a rural area. The rural letter carrier road around in his car delivering the mail (or some type of jeep); on occasion he honked the horn and we came out of the house or he'd knock on the door (I think). BUT he was not at risk for dogs or other hazards such as being shot like people are today.
So for that service you got on of the highest wages of the times as the Post Office always paid good. I'd not call that paying your dues. I'd call that getting a break.
And I never said that I was Miss December. I said that my husband's coworker at Newport News Shipyard said he thought I looked like her. If you and the 5 other brainies could comprehend, then why did you make that mistake? And I'm sure you've been told you look like someone (or something) in your lifetime.
Besides all that, it amazes me that ya'll can remember and quote things I've said. Why would anyone want to retain my ramblings? Must be that ya'll don't really have all that much going for ya'll if you can't think of anything better to quote or remember.
I certainly don't remember a thing ya'll have said. Oh, except for Blanket's advice to me which was well taken and appreciated. Why don't ya'll make a resolution to be nicer to people like Yogi and myself who don't have your same opinion?
I'm sure you'd be happier for it.
IMO, the supreme courts ruling on ''Obamacare''.. is last years biggest story.
A new fed. govt. entitlement, in a crippled economy, will come home to roost.
Blanket - That is my point with Ben, his yogism & anyone still defending Bush/Cheney, can't be very much of a financial wizard.
bud, I wouldn't call that getting a break. People who serve in the military SHOULD be given priority when it comes to the good federal jobs.
We've reached a point of diminishing returns on Keynesian spending, Blanket.
And yes... deregulation and tax cuts did work quite well. Much better than running an additional $1,000,000.000,000 a year over the deficit trend-line to prop up, at best, economic ineptitude and, at worst, tremendous malfeasance on the part of our new ruling class.
I've got a lot of friends in the service industry who are really suffering now and Nashville is one of the nation's few growing markets.
This trend will continue, as I've predicted before, because there is tax incentive to do so. Companies will also continue to build unnecessary infrastructure in the form of even more Walgreens and CVS pharmacies on every corner because capital gain and dividend taxes went from 15% to almost 24% and no one will realized any gain in such a scenario.
If you want to talk about being 'stove up' with rich people not spending any of their money... my dear, you've seen nothing yet.
nazi, why didn't Obama eliminate the Bush tax cuts, in his first term, when he had congress?
LONER........The "Simple Six" are intellectually bankrupt and certainly less advanced.
They are the "people"of an old hippie street evangelist.
One must embrace those that show reverance for the "gospel"
Good question, slacker. He should have. That's one of my main disappointments with him.
Not only did he not eliminate them, he extended them... because increasing taxes in an economic down-turn is ludicrous. Covetousness and class envy politics transcend common sense though.
Obama let the tax rates remain low, because the nation was facing a financial crisis...more take-home pay seemed like a good idea at the time....there was no support for any tax increases at the time.
Ben, Bush gave the wealthy huge (unnecessary) tax breaks then when it's time for that party to end you strike it up to class envy and covetousness? Seriously? OK, now that's laughable.
Ben used the term, "economic downturn" to describe what happened in the fall of 2008....still trying to spin the bad news.
Yeah, I noticed that, Loner.
Bush gave everyone a tax break Blanket because the earlier rates were unsustainable. The result of raising them again will be what I described. More conservation and less consumption... more people playing defense with the family budget rather than offense. Increase in unemployment of people in unskilled and semi-skilled jobs.
And the capital gains increase to almost 24% is going to really dry up that revenue.
I don't agree but I guess time will tell, won't it?
The crisis would have been over if they'd used the TARP repayments to pay back down the debt ... rather than blowing it and using the expenditure as a new baseline for spending.
Throw out the uncertainty surrounding taxes, the class warfare politics and Obamacare and we'd be 2 1/2 years into a recovery right now with under 5% unemployment... and $4,000,000,000,000 less in debt.
At Work: Manufacturing jobs returning to U.S.
And yes... time will be the arbiter but since all of this is 'what might have been' the media and the dems will claim victory for whatever good that happens and blame the repubs for whatever bad that happens. The only thing for sure is that our ruling class of politicians and bureaucrats will get fatter and more powerful.
That's one hell of an assumption, Ben.
As if the GOP doesn't try to play the same game. However I agree that the politicians and bureaucrats will also figure out a way to pull things in their favor. Lobbiests make sure of that.
Raising taxes.. should include everyone that's gainfully employed.
It should be tiered to income, but everybody should have some skin in the game.
slacker, thanks for posting the article although I don't really agree with all of it. After all, NAFTA didn't end up being such a good thing in the end.
And I agree with your assessment that everyone who is employed should be paying taxes and it should be tiered.
this for yogi man only: yogi man I try 1 more time explain why you needs stop telling
truth on Obama about he born in Kenya, he be Musslim, and he citizen of Indochina
instead of U.s. Just about ALL on this site Obama believers and we all know it best
we tell white lies to cover for the truth you always like to post on this city p site about
Obama. Our white lies far outways the bad of tell truth as if we admit you be right it
could be Obama he be impeached, put in prison, and deported to home country
of Indochina and we be left with nothing but lying republicans in white house and
that be terrible for ALL of us, including you yogiman ,
Any half-witt morun know what you say is true but it best to lie about it so if you
wants folks on this site quit tell lies you should quit tell truth---this is good
cumpromise dont you think?
nazi.. do you agree that I'm incredibility handsome?
Of course, slacker!
The biggest story of the year is slackers incredibility handsomeness that was ever reported.
Others events were Obama's win, Romney's lost, tea party in disorder, Sandy, the shooting at Sandy Hill.
Blanketnazi2 on 1/3/13 at 9:50
And let's not forget once again - Bush cooked the books and the deficit was much worse than the Bush administration let on.
Blanket, does the Constitution require that the administration balance the budget? Has Obama balanced a budget since he has been in office?
And regarding your comment that ex-military be given priority on jobs, you are forgetting that some people can't join due to medical issues. My husband tried to enlist but being shot in the neck at 17 caused him not to qualify, even though he went on to become a top notch distance runner and an ironworker who had no fear of heights and was as strong as an ox. He would have been awesome in the military.
So I guess I just don't agree with you because I know others who wanted to join. Plus in my day, women didn't go into the military a lot and that leaves us out.
The best qualified should get the job and if they happen to be military, so be it.
And now I'm baking banana nut muffins! So long for a while.
While the operating environment will remain challenging, America’s 980,000 restaurants are expected to post record sales and continue to be a leading job creator in 2013, according to the National Restaurant Association’s (NRA) 2013 Restaurant Industry Forecast released today. Total restaurant industry sales are expected to exceed $660 billion in 2013 – a 3.8 percent increase over 2012, marking the fourth consecutive year of real sales growth for the industry.
In addition, 2013 will be the 14th straight year in which restaurant industry employment will outpace overall employment. Restaurants will employ 13.1 million individuals next year as the nation’s second-largest private-sector employer, representing 10 percent of the total U.S. workforce.
There is no balanced budget provision in the U.S. Constitution. Thus, the U.S. federal government is not required to have a balanced budget. Several amendments to the U.S. Constitution have been proposed which would require a balanced budget, but none have been passed. Most of these proposed amendments allow a supermajority to waive the requirement of a balanced budget in times of war or national emergency....
United States Constitution does not actually require the United States Congress to pass a balanced budget, one in which the projected income to the government through taxes, fees, fines, and other revenues equals the amount proposed to be spent. This has led to deficit spending and the creation of a national debt. Except for a short period during the presidency of Andrew Jackson since its inception the United States federal government has always been in debt.
In other words... the second half of the Keynes formula can never be achieved in America because there is never any political will in the good times to pay off the debts incurred in the down-times. subtitled - 'hogs at the trough'