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View Full Version : HOIST BY HER OWN PETARD ...AGAIN!



LWW
07-14-2011, 09:35 AM
Not quite 10 months ago we had our dearly dearly beloved Charlotte declaring the stimulus a success.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD on 9/21/10 @ 9:50 AM</div><div class="ubbcode-body">The stimulus worked. We're not in a BUSH Depression, we're Old news. The recession ended in June.

G. [/b] </div></div>

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD on 7/14/10 @ 1:47 AM</div><div class="ubbcode-body">Repiglicans have <s>soul</s> [i]sole ownership of our bad economy

G. </div></div>

These posts demonstrate definite doublethink on her part.

In one instance, she is claiming the recession is over thanks to the democrooks yet still existing due to the R's.

In another instance, she is giving the R's credit the "BOOMING ECONOMY" which she also denies to be in existence.

In another, she is claiming the stimulus to both be a success and a failure.

Then again ... the whole thing proves that most leftists will simply believe whatever it is that they are told they believe.

This is where the sock puppets accuse me of viciously attacking Charlotte by pointing out what she actually has said.

Soflasnapper
07-14-2011, 10:18 AM
A recession is a bad economy, and a recovery means we are not in recession. However some recoveries, while not recessions, are still bad economies for a time.

As to our case, the recession has ended. We are not in recession. We are in recovery, meaning the gdp has real growth. It is still a bad economy, on many measures, with disappointing results as to jobs (tepid growth in private sector jobs less than tepid net because of 500,000 jobs lost in the public sector in the states) and as to real gdp growth.

So I see no real contradiction. Only confusion, thinking that any recovery (i.e., non-recession) must be a good economy as well. Or maybe no confusion at all, but simply a willingness to make a false point under color of pretending to confuse two separate issues for rhetorical attack purposes.

Although we do not have any citation from you as to your claim it was stated the economy was 'booming,' actually, it was doing well enough in the first half of the year that the Republicans were touting their excellent effect on the economy, I guess by simply getting elected majority in the House (or maybe the effect of the extension of all the Bush tax cuts), and taking credit for the economy THEMSELVES. As the half way point is reached, and the last jobs number quite disappointing, the GOP has turned to again, blaming the Obama administration.

Fact is, the stimulus was a success in stabilizing the economy, stopping the free fall to hell in a hand basket, stopping the huge monthly losses of jobs, returning the economy to a recovery and real gdp growth within one quarter year of a -6% gdp decline in the 4th quarter '08 despite the loss to that point of millions of jobs, etc.

It was not a success in terms of returning us to a solid economy, because we cannot have a solid economy with the banking system eaten up by termites and rotten to their cores, collapsible with a slight push.

The problem is we cannot solve the banking insolvency in any easy way, as their $50 trillion under water minus net worth is JUST a bit bigger than the world's entire gdp. Until that vast insolvency (pretended now not to exist) is consolidated, liquidated, abjured through bankruptcy or government seizure, debts marked down to pennies on the dollar or not paid at all, the shockingly world record broke state of the banks will not allow resumption of full speed ahead economic growth.

LWW
07-14-2011, 11:11 AM
So you buy into the doublethink that we have both a bad economy and a booming economy at the same time ... apparently based solely on which is currently needed to advance dear leader's agenda?

Of course you do.

Soflasnapper
07-14-2011, 11:33 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">So you buy into the doublethink that we have both a bad economy and a booming economy at the same time ... apparently based solely on which is currently needed to advance dear leader's agenda?

Of course you do. </div></div>

I have not said the economy is booming. It remains mediocre to bad (with the exception of one quarter where the real gdp growth was about 5%-- the beginning of the stimulus in effect). As some recoveries are-- mediocre to bad-- while still being recoveries.

Sev
07-14-2011, 02:54 PM
The economy is still in decline.

405,000 unemployment filings.
Only about 15,000 new jobs created.
Massive government layoffs on the horizon.(Thank god.)
Small business's still closing.
Credit still tied up.
Major manufacturing pretty much stagnant.
U3 Unemployment at 9.2 and probably going to go up again.
U6 Unemployment between 15-18%.
Housing and construction still at record lows.

Yup. Things are peachy.

And Obama 2.4 trillion more in debt.

LWW
07-14-2011, 03:38 PM
All you have to remember that if it's bad, it's Bush's fault.

LWW
07-15-2011, 05:03 AM
I want to keep this one up top for a bit.

Qtec
07-15-2011, 05:15 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sev</div><div class="ubbcode-body">The economy is still in decline.

405,000 unemployment filings.
Only about 15,000 new jobs created.
Massive government layoffs on the horizon.(Thank god.)
Small business's still closing.
Credit still tied up.
Major manufacturing pretty much stagnant.
U3 Unemployment at 9.2 and probably going to go up again.
U6 Unemployment between 15-18%.
Housing and construction still at record lows.

Yup. Things are peachy.

And Obama 2.4 trillion more in debt. </div></div>

..and what does the GOP suggest?....more cuts in spending, ie more people unemployed.

Call that a jobs program?


Q

eg8r
07-15-2011, 08:56 AM
So in response to the poor performance of the Dems you deflect and talk about Reps. Pathetic.

eg8r

Soflasnapper
07-15-2011, 10:13 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sev</div><div class="ubbcode-body">The economy is still in decline.

405,000 unemployment filings.
Only about 15,000 new jobs created.
Massive government layoffs on the horizon.(Thank god.)
Small business's still closing.
Credit still tied up.
Major manufacturing pretty much stagnant.
U3 Unemployment at 9.2 and probably going to go up again.
U6 Unemployment between 15-18%.
Housing and construction still at record lows.

Yup. Things are peachy.

And Obama 2.4 trillion more in debt. </div></div>

No, things are bad, as I think I've already said several times.

What is not true is that 'the economy is in decline,' either relative to conditions existing when O took office, or in terms of real gdp growth.

If you think real gdp is down, try to find a credible source saying that. It's not true, as real gdp continues on the positive growth side, just at too low a positive number to be helpful at this time.

LWW
07-15-2011, 04:13 PM
Nice deflection.

The point is that the cabal's leader declared we were in a booming economy last year and keeps flipping from blaming every bit of bad news on <span style='font-size: 11pt'>B-B-B-BOOOOSH!!!!</span> while claiming with every scarce bit of good news that it is proof that dear leader's version of stupidonomics is leading us through boom times.

Only a brainwashed doublethinker can believe both.

LWW
07-15-2011, 04:16 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">What is not true is that 'the economy is in decline,' either relative to conditions existing when O took office, or in terms of real gdp growth.

If you think real gdp is down, try to find a credible source saying that.</div></div>

All you had to do was ask:

http://www.shadowstats.com/imgs/sgs-gdp.gif

If you subtract the book cooking done by the regime, both parties, you find that the US economy only briefly came out of the Clinton era dot bomb recession.

OH DEAR! (http://www.shadowstats.com/alternate_data/gross-domestic-product-charts)