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futurebeachbum

Beach Fanatic
Jul 11, 2005
1,100
375
70
Snellsburg, GA
www.myfloridacottage.com
This is a disgrace. I can't believe anyone would write this about any American president.

To me the real disgrace is that we have gone for decades without a President that we could say positive things about.

The days of people having respect for the office are over.

The lack of quality, character, leadership and ethics in both our current and past few Presidents has made bashing them an accepted everyday activity.
 

Yzarctoo

Beach Fanatic
Mar 6, 2009
282
103
It's payback for their hurt feelings over Bush bashing. Just between you and me, they're amateurs. ;-)

Might not be" a pro basher like some", but Obama sure does provide lots of "bashing material" to draw from due to his lack of experience, his agenda, his cronies ,his lies, etc. So expert or not...free speech still does exist! Disappointment bashing can go both ways, that's what makes America WONDERFUL!
 

beachFool

Beach Fanatic
May 6, 2007
938
442
Obama Did Not inherit massive unemployment. It's over 10% now thanks to Obama and the democrats. Here's some info on that.

Sara, sweetie, arguing with you is like taking candy from a baby.
Most economists argree that the recession started in late 2007 and some say it ended this year. So...

Unemployment Rates - What Is the Unemployment Rate in the US

"However, the unemployment rate is a lagging indicator. This means it measures the effect of a recession and so occurs after one has already started. It also means unemployment will continue to rise even after the economy has started to recover.Employers are reluctant to lay people off when the economy turns bad. For large companies, it can take months to put together a layoff plan. Companies are even more reluctant to hire new workers when the economy improves.

For that reason, the unemployment rate can only confirm what the other indicators are already showing"
 
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futurebeachbum

Beach Fanatic
Jul 11, 2005
1,100
375
70
Snellsburg, GA
www.myfloridacottage.com
Sara, sweetie, arguing with you is like taking candy from a baby.

Most economists argree that the recession started in late 2007 and didn't end until this year. So...

Its interesting that the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER), the nation's official arbiter of economic expansion and contraction, doesn't agree with the "Most economists" mentioned above...

Their latest pronouncement on the recession (which they agree started in 2007) says we haven't been able to identify the bottom yet. (Which means it is entirely possible that we have not hit it yet.)

As opposed to the 'voodoo' science that most economists use, the committee uses actual facts (see bolded text below.)

NBER COMMITTEE CONFERS: NO TROUGH ANNOUNCED

CAMBRIDGE, April 12 -- The Business Cycle Dating Committee of the National Bureau of Economic Research met at the organization?s headquarters in Cambridge, Massachusetts, on April 8, 2010. The committee reviewed the most recent data for all indicators relevant to the determination of a possible date of the trough in economic activity marking the end of the recession that began in December 2007. The trough date would identify the end of contraction and the beginning of expansion. Although most indicators have turned up, the committee decided that the determination of the trough date on the basis of current data would be premature. Many indicators are quite preliminary at this time and will be revised in coming months. The committee acts only on the basis of actual indicators and does not rely on forecasts in making its determination of the dates of peaks and troughs in economic activity. The committee did review data relating to the date of the peak, previously determined to have occurred in December 2007, marking the onset of the recent recession. The committee reaffirmed that peak date.

The 2 prior administration's policies got us into this mess and the current administration's policies of only bailing out big contributors ( and converting UAW members into pseudo government employees) has done little to nothing to help resolve the mess.

Based on the fact that we haven't bottomed out on the recession, we can reasonably expect the unemployment (and much more importantly the underemployment) situation to get a lot worse before it gets better.

Who knows, maybe that 8-10% is the new normal unemployment of the future.
 
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Andy A

Beach Fanatic
Feb 28, 2007
4,389
1,738
Blue Mountain Beach
My wife & I met through The Business Cycle Dating Committee.

It's way better than eHarmony.com.
If you were trying to be funny, you suceeded. If you were trying to be sarcastic or point out an error, you failed. We all make typos or misspellings on occasion. It is really infantile to point them out, IMO.
 

beachFool

Beach Fanatic
May 6, 2007
938
442
Its interesting that the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER), the nation's official arbiter of economic expansion and contraction, doesn't agree with the "Most economists" mentioned above...

Their latest pronouncement on the recession (which they agree started in 2007) says we haven't been able to identify the bottom yet. .



Good point...I accept that, see edit.

Nonetheless, Sara's argument (Obama Did Not inherit massive unemployment. It's over 10% now thanks to Obama and the democrats) is partisan, faulty and immature. Folks are entitled to their own opinion but they are not entitled to their own facts.

Since we all agree that the recession began in 2007 and unemployment rates are universially accepted as a trailing indicator then high unenployment rates can not be blamed completely on the current Congress/Administration.

Regarding the end of the Great Recession, here's a different take.

Dissent on Recession?s End - Economix Blog - NYTimes.com

Earlier on Monday, the National Bureau of Economic Research?s Business Cycle Dating Committee ? the group that determines the start and end dates of recessions ? said that it could not yet declare an end to the recession that began in December 2007.
One committee member, Robert J. Gordon, has issued a dissenting opinion, arguing that the recession ended in the second quarter of 2009, probably in June. The text of his memo is below.
Comments about the N.B.E.R. B.C.D.C. statement released 4/12/10

Robert J. Gordon, Northwestern University

The N.B.E.R. Web site provides the text of the decision of the N.B.E.R. B.C.D.C. not to declare that the recession is over. I strongly disagree with the committee?s decision.
 
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LuciferSam

Banned
Apr 26, 2008
4,749
1,069
Sowal
If you were trying to be funny, you suceeded. If you were trying to be sarcastic or point out an error, you failed. We all make typos or misspellings on occasion. It is really infantile to point them out, IMO.

I don't think he was pointing out a typo. It's actually called The Business Cycle Dating Committee. I think it was just a lighthearted joke and no more.
 
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sarawind

Beach Fanatic
Jul 9, 2005
582
61
30A
A poster, Gidget I think, asked how in the past two years you felt less free.


How free do I feel? Not as much as two years ago. Now we have an ideologue for a president and he and other liberals are constantly bringing up the notion of Utopia - which is nothing more than just a liberal statist society.

A statist society is where your property and your money belong to the state (fed.government) It is not yours to choose how to spend or how to use your property.
Statists pass laws forcing you to ask permission how to use or dispose of or improve your property, how to spend your money.

Their power comes from the willing support of their victims. A Statist is a little bully
dressed up in a suit who hates independence.

Right now the political class is deliberately ignoring our Constitution. Obama and his administration do not have the right to throw out hundreds of years of American history and rewrite it in Marxist ways or replace American values and principles.

Our government is being run by appointed Czars that we know nothing about. The amount of ?czars? is unprecedented and points out Obama?s efforts to hide his real
goals from the people who support him.

There are many other ways that I feel our freedom is being compromised. Health,
taxation, controlling the media, ignoring Black Panther voter intimidation, weakness of National Security, unemployment going up every day, businesses going under in droves, suing Arizona for following federal law, Obama?s political plunder with the private sector being choked from within.

We need Supreme Court Justices committed to our Constitution and rule of law. Not advocates nominated because she (Kagan) would further Obama?s agenda.

No, I?m not feeling free.
 
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