Is Our Economy Stuck in the Mud?
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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss jobless claims, the Fed’s realization that American’s buy groceries and gas, and whether or not we’re ready to pay higher taxes to erase the debt.
We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
Related Links:
Weekly Claims See Fall, But Jobs Picture Remains Weak
Existing Home Sales Unexpectedly Dip in April
Bullard says core inflation is a rotten concept
Boehner Lays Down the Debt-Ceiling Gauntlet
Sen. Toomey On Debt Limit: ‘No Danger Of A Shortage Of Cash’
GOP “No New Taxes” Position Is Rapidly Crumbling
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33 Comments
As long as there are Liberals in Washington D.C. (which includes RINOs) the United States Economy will suffer.
Nah, not at all. The US Economy is so far beneath the mud, it has hit Molten LAVA !!!
Thank you Federal Reserve, Geithner, Annoying One, Congress, Goldman Sachs and JP Morgan.
Stuck in the mud would imply we can winch our way out. Buried underground is a more descriptive analogy.
Nothing short of a backhoe the size of Texas will dig us out.
Thank you Ronald Reagan and Dubya. Your efforts to starve the beast have finally paid off. Economy is in the toilet and the top two percent of Americans own everything that is worth owning. Well done sirs.
The economy is mired in a pit of sewage. We can attempt to get it unstuck, but it will be a messy, smelly affair that will be unpleasant for everyone.
People like you don't even know what caused it. You think it's all some liberal plot, when in reality it was Republicans that cut taxes and raised spending to intentionally bury us in debt. Believe me, their campaign contributors are not suffering.
Compromise with Liberals always seems to end up as giving them most of what they want, and setting aside anyting *we* want.
It's like compromising on how much poison to drink. Even a little is still unhealthy, as evidenced by the economy
People like me? Your a racist bigot.
No, your wrong as usual. Who has controlled Congress since 2006? Spending increases, regulation, and an utter hatred for the only thing which could dig us out of this hole………….Capitalism is what has caused it. Your going to look rather stupid again if you care to venture down this road Sparky.
You ought to get out of that closet more.
Average yearly deficit under Bush: approx 200 billion
Average yearly deficit under Obama: 1.6 TRILLION
Obama has been outspending revenue EIGHT TIMES the amount Bush did. During his reighn, the national debt has increased by 5 TRILLION. A greater increase in debt than every other president in U.S. history.
You are the Enemy, and there is no Law that states American Citizens must work with the Enemy.
There are a lot less Liberals in Washington D.C. now then there were in 2008.
So much more to do though to make America safer….. so many more Liberals to put out of work.
Hmm – think he's in the toilet somewhere given the reply he made to me (above).
Truth. Lib policies ALWAYS depress economies. At some point either the economy will collapse and libs will have to be rounded up. Or, that will happen before a total collapse.
Irrelevant. Fed tax receipts have been rising for 6 years. Ergo, tax cuts did NOTHING to grow the deficit. ONLY spending increases did.
Not going to change? Just like November 2010?
Perhaps you've already stuffed 60 million votes for Obamugabe into ballot boxes?
One thing we know won't change. Your voter fraud efforts. That will go into over drive.
Still can't name a single think you douche baggers have accomplished that you like. Stupid is as stupid does, dumb ass.
Look at the silver content of the Roman coins over time. It almost mirrors the chart of the vlaue of the US dollar.
One can only steal from the Rich and give to the Poor for so long before everyone becomes Poor.
Europe is going bankrupt very fast because of this failed social experiment.
The USD broke from its constant value (buying power) shortly after the illegal Fed Reserve was created.
How many unicorns live in the fanatsy land you live in?
hey lets look at what happens to employment for say, several decades when dems have control of the Senate, shall we?
http://www.americanthinker.com/blog/2009/10/graph...
Funny how that works.
Let's look at more.
http://www.americanthinker.com/2010/12/the_econom...
How about this? http://www.americanthinker.com/2009/09/whose_mess...
Wow, ouch. Facts and history aren't on your side. They never are, dumb ass douche bagger.
You mean the tax cuts that led to $300 BILLION more in tax revenue and created 6 million jobs?
You mean those tax cuts? So why do you want to decrease tax revenue and slash jobs?
You mean the tax cuts that took place a DECADE ago that you still erroneously attack? I bet you think the earth is flat don't you? How many issues can you be wrong on?
Here's a summary of tax cuts historically:
Index of Changes from Tax Cuts – 1960 to 2010:
1962-67 ~ Change in annual tax revenue: $195 billion ~ change in non-farm employees: 10.3 million
1982-87 ~ Change in annual tax revenue: $321 billion ~ change in non-farm employees: 12.4 million
2001-07 ~ Change in annual tax revenue: $293 billion ~ change in non-farm employees: 5.8million
http://www.americanthinker.com/blog/2010/12/graph...
Wow, you sure look stupid (AGAIN). Tax cuts under different parties in different decades ahve always created jobs and increased tax revenue.
hey dumb ass, explain why those are bad things.
Shiller: Economy in ‘Worst Shape Since Great Depression’ Thursday, 19 May 2011 04:08 PM By Greg Brown
http://www.moneynews.com/Headline/yale-Shiller-St...
"Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master." George Washington
It would be a miracle if we were just stuck in the mud.
http://theeconomiccollapseblog.com/archives/50-th...
You can't escape democrat responsibility for the subprime mortgage crisis that stemmed from the democrat community reinvestment act requirements on bankers to extend credit to bad credit risks – just by ignoring it. People *like us* know exactly what caused it.
Hopefully you flushed at the opertune moment.
Good one. I think they are called 'czars' in the Obamanure administration….
Abso-fricking-lutely~!
Trickle up poverty with a record Misery Index. the regressive mantra.
It's not mud, it's epoxy, and it's starting to set.
But then, our Emir knows this. He wants it. He said to his union thugs that this is his goal.
This is part and parcel of "the fundamental transformation of America."
Check out this video of Michelle Obama and her idea of historical revisionism.
http://www.youtube.com/watch?v=CvHV-fgewIE
These people tell us what they are going to do but we don't listen or we don't believe them. Time to wake up.
According to the Obamas, everything is right on schedule.
Great analogy on the epoxy.
Other than Allah, you wouldn't know who to thank if your life depended on it.
People like FJR know nothing and read from cards issued at the talking points for Soros-ian hoards site.
When I read your comment I was going to reply "you left out the dumb saps who voted for this most annoying One".
And look you pops up…One of the RSV's (really stupid voters) who helped elect this no talent rookie…
Spewing nonsense, even most dimocrats are embarrassed by…
Whether they will admit it is another story…
It's stuck in 'O' gear, going backwards on the road called Socialism and away from the prosperity found in Capitalism.
Herman Cain vs. Bill Clinton.
http://www.youtube.com/watch?v=HdLGKRBJ_0E
"Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master." George Washington
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