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Old 12-03-2011, 03:38 PM  
Hasty Puddings Hasty Puddings is offline
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The damage B.O. has done

Avg. retail price/gallon gas in U.S., January 2009 $1.83; Today $3.10

Increase: 69.6%
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Old 10-24-2012, 04:10 AM   #91
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Originally Posted by Tom.Jay61 View Post
The good old days.

Sigh.
Heck, let's go back to the Clinton years of Fall of '98 and most of 1999. I remember11 it dipping into like the 70's and 80's for a while and I could fill up my Jeep , which had a 15 gallon tank if I correctly recall, for $11-$12!

Its all catching up as we watch a giant generation that is living longer and longer retire at at least 10,000 baby boomers a day and the much smaller proceeding generations can make up that dwindling revenue gap that expected to cover all the coat as health costs have spiraled out of control at rates multiple times the inflation rate, and continue to do so even though the cost of treatment and care rose a good chunk again last year but was the smallest increase percentagewise in over 30 years. Thats on top of the fact the spending power for been strippped for a large portion of Americans as wages have not kept pace with the cost of living since the 70's.

Automation, technology, losses of jobs being out outsourced as competition for cheap labor seeks to exploit improvrished workers about to the same levels of what we experienced during our industrial revolution.
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Old 10-24-2012, 07:23 AM   #92
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Originally Posted by redsurfer11 View Post
So...there are no jobs created by automation and computers. Technology grows on trees. Unemployment will go under 6% when we start building houses again.
Unemployment might go under 6% when people start taking jobs that are available instead of living off government checks or we lower the amount people can be paid weekly on unemployment. I read where the average unemployment benefit was around $300/wk. A guy that takes a $12 an hour job only makes $480 before taxes and $360 take home at a 25% tax rate.

I don't think people see the difference of $60 a week as enough motivation to take a job they feel is beneath them. They can sit on their couch and not do a dang thing other than complete a couple of applications a week and make near the same amount they could working a respectable job.
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Old 10-24-2012, 09:17 AM   #93
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Originally Posted by Anyong Bluth View Post
Heck, let's go back to the Clinton years of Fall of '98 and most of 1999. I remember11 it dipping into like the 70's and 80's for a while and I could fill up my Jeep , which had a 15 gallon tank if I correctly recall, for $11-$12!

Its all catching up as we watch a giant generation that is living longer and longer retire at at least 10,000 baby boomers a day and the much smaller proceeding generations can make up that dwindling revenue gap that expected to cover all the coat as health costs have spiraled out of control at rates multiple times the inflation rate, and continue to do so even though the cost of treatment and care rose a good chunk again last year but was the smallest increase percentagewise in over 30 years. Thats on top of the fact the spending power for been strippped for a large portion of Americans as wages have not kept pace with the cost of living since the 70's.

Automation, technology, losses of jobs being out outsourced as competition for cheap labor seeks to exploit improvrished workers about to the same levels of what we experienced during our industrial revolution.
That was a really good post.

Yeah, we have a date with disaster coming up, no doubt.

If you are in a plane, and it's going to crash, who do you want at the controls:

Chesley Sullenburger or a Kamikazi pilot?
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Old 10-24-2012, 11:05 AM   #94
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everything is going to go up in price even more no matter what. Yet, most people are going to be making the same or even less. That's when people will realize that our dollar isn't going to be worth a damn thing.
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Old 10-24-2012, 02:42 PM   #95
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Unemployment might go under 6% when people start taking jobs that are available instead of living off government checks or we lower the amount people can be paid weekly on unemployment. I read where the average unemployment benefit was around $300/wk. A guy that takes a $12 an hour job only makes $480 before taxes and $360 take home at a 25% tax rate.

I don't think people see the difference of $60 a week as enough motivation to take a job they feel is beneath them. They can sit on their couch and not do a dang thing other than complete a couple of applications a week and make near the same amount they could working a respectable job.
Except that unemployment often has a time limit (in Maryland, you can only collect for six months), and at the end of the year, the poor schmuck is going to have to pay income taxes on every penny of it.
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Old 10-24-2012, 03:19 PM   #96
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That was a really good post.

Yeah, we have a date with disaster coming up, no doubt.

If you are in a plane, and it's going to crash, who do you want at the controls:

Chesley Sullenburger or a Kamikazi pilot?
Or a 5 year old that thinks he knows what he's doing?
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Old 10-25-2012, 02:44 AM   #97
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Old 10-25-2012, 04:11 AM   #98
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I missed it in jan 2009 where we gave the POTUS control over gas prices because I remember the previous eight years being told he had nothing to do with it
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Old 10-25-2012, 07:34 AM   #99
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Like most propaganda this only tells part of the story. It ignores the fact that gas prices were above $3 most of 2008. They hit a historic high of $4.12 in July 2008. They then started to plummet as the economy tanked. They were still $3.75 in September. Up until the BP spill prices were trending lower in the Obama administration than they had for the later years of the Bush administration.

It also doesn't that during the Obama administration the US production has increased which reverses a 40 year trend. Romney's statements to the contrary are only true if you only take the moratorium period after the BP spill.

The misinformation also ignores the fact that world demand for oil us way up while Obama is attempting to take US demand down. Romney's energy plans are entirely supply sided.

What has all this done? Its tripled US exports of oil to the point where the US is on the verge of being the largest exporter of oil in the world. Would you have him stop the exports? Are you a socialist?
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Old 10-25-2012, 08:02 AM   #100
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Like most propaganda this only tells part of the story. It ignores the fact that gas prices were above $3 most of 2008. They hit a historic high of $4.12 in July 2008. They then started to plummet as the economy tanked. They were still $3.75 in September. Up until the BP spill prices were trending lower in the Obama administration than they had for the later years of the Bush administration.

It also doesn't that during the Obama administration the US production has increased which reverses a 40 year trend. Romney's statements to the contrary are only true if you only take the moratorium period after the BP spill.

The misinformation also ignores the fact that world demand for oil us way up while Obama is attempting to take US demand down. Romney's energy plans are entirely supply sided.

What has all this done? Its tripled US exports of oil to the point where the US is on the verge of being the largest exporter of oil in the world. Would you have him stop the exports? Are you a socialist?
You forget to mention Obama stated in his first year as President after prices went back up that he thought $4 a gallon of gas was a good price because it spurred green energy development. His only wish was that it had not reach that level so quickly. It is the middle class that is getting crushed by his policy.

Romney never had contrary statements about US oil production recently on the rise instead he correctly qualifies the increase is due to private drilling and Hydraulic Fracturing. The only thing Obama has done is try and take away oil tax incentives, reduce public land licenses by almost half and prevent the construction of the Canadian pipeline. Oil production is up inspite of the Presidents efforts.

I will give Obama credit for one thing, he did not block the approval of construction for a new oil refinery. This is the first approval in 30 years.
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Old 10-25-2012, 08:30 AM   #101
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During the Civil War, when the union's preservation and slavery's abolition were in doubt, President Lincoln roused the nation with his dream “of a place and a time where America will once again be seen as the last best hope of earth.” In rekindling our founders' vision, Lincoln helped assure that America would become the freest and most prosperous nation on earth, a status that successive U.S. presidents have dutifully maintained, or they were cast aside by voters.

As Americans Think Again about President Obama, consider that no president has won re-election amid such economic stagnation, declining incomes, high gas prices and business pessimism. Living astonishingly beyond our means and more indebted than any other nation in history, Americans face a reduced standard of living, diminished opportunities for our children and a weakened capacity to secure our national interests in a menacing world.

After trillions in fiscal and monetary stimulus, the 39-month-old economic recovery has one-seventh the gross domestic product growth rate of the Reagan recovery, in which double-digit inflation and interest rates also were slain. With 261,000 fewer jobs today than January 2009 (despite population growth of 9 million), exploding poverty, government dependency and income inequality imperil Lincoln's dream.

During the economic turmoil of 2008, Obama sounded Lincoln-esque, promising to “provide good jobs to the jobless, … secure our nation and restore our image as the last best hope on earth.” But unlike Presidents Kennedy, Reagan and Clinton, who understood the benefits of economic-growth policies — more and better jobs, larger paychecks, growing tax revenues without tax-rate increases, and deficit and debt mitigation — Obama doubled down on government-centric and budget-busting policies.

Having inherited a government moving in the wrong direction on bailouts, spending, deficits and debt accumulation, Obama floored the gas. Though critical of Bush's $4 trillion in accumulated debt and vowing to halve the annual deficit by now, Obama has run $4 trillion deficits — each nearly triple Bush's average — while increasing debt nearly $6 trillion to a sum ($16.1 trillion) that exceeds the U.S. economy. Historically, America's economy has grown more quickly than its debt — until Obama, under whom debt is growing $2.50 for every dollar of GDP growth.

With 10,000 baby boomers turning 65 every day, Medicare, Medicaid and Social Security costs are exploding, consuming more annually than the combined cost of the Iraq and Afghanistan wars and TARP bailouts. Rather than address the looming entitlement crisis, Obama's budget projects massive deficits and $20 trillion in debt by the end of his second term. It's so fiscally irresponsible that not a single member of Congress has voted to approve either of Obama's two most recent annual budgets.

Meanwhile, with Democrats in complete control of Congress through January 2011, Obama's signature legislative “reforms” — Obamacare and Dodd-Frank — ignored Republican solutions and imposed thousands of complex regulations and new taxes on the private economy, nearly paralyzing job creation and economic growth.

Though sold as “Wall Street reform,” Dodd-Frank makes bailouts more likely by designating selected banks “too big to fail” and failing to reform the financial crisis' real culprits — housing-finance giants Fannie Mae and Freddie Mac. With smaller banks competitively disadvantaged, lending is down, consumer prices are up, and expensive consultants, such as the former chiefs of staff to both Dodd and Frank, are in demand.

Neither is Obamacare meeting its promises. Insurance premiums are up $2,500, and according to the Congressional Budget Office, Obamacare will cost nearly twice its original estimate, leave 30 million Americans uninsured and cause 20 million people to lose their employer-provided health insurance. Additionally, it imposes 20 new taxes on families and small businesses and incentivizes employers to hire part-time instead of full-time workers.

Thanks to recent technological breakthroughs, America is now the most energy-endowed nation in the world. Allowing the responsible development of our resources would generate millions of jobs while turbocharging the economy and revitalizing distressed communities. Yet despite promising an “all-of-the-above” energy policy while investing $90 billion in noncompetitive green-energy companies, Obama blocked the Keystone XL pipeline and reduced drilling permits on public lands by 36 percent, compared with increases of 116 and 58 percent under Bush and Clinton, respectively.

Meanwhile, GDP growth slumped to 1.3 percent in the second quarter, but Obama proposes to increase tax rates on “millionaires and billionaires” (individuals and small businesses making more than $250,000) to promote fairness after opposing them in 2010, when the economy was growing at twice its current rate. But how can it be fair to implement a policy that the CBO considers economically injurious and would yield only enough revenue to fund 8.5 days of government spending? Given Obama's track record, how could another four years of the same policies result in enough economic growth to overcome our economic challenges?

Mindful of these challenges and eager to defuse the debt bomb while preserving entitlement programs for future generations, Mitt Romney proposes to expand the private economy with spending, regulatory, tax and entitlement reforms reminiscent of those enacted by Kennedy, Reagan and Clinton — modern America's most successful economic stewards. Romney proposes to cut tax rates by 20 percent for all Americans while maintaining the same share of taxes paid by the wealthy. But unlike Bush, he'll pay for them by eliminating expensive loopholes accessible only to wealthy individuals and companies such as GE.

Divided as we were during the Civil War, Americans long to be unified by a leader, like Lincoln, committed to expanding liberty and increasing individual opportunity — the source of human flourishing and America's promise.

Think Again — only by restoring these cultural bulwarks can we pass our children a strong America and remain the last best hope of earth.



Melanie Sturm lives in Aspen. Her column runs every other Thursday. She reminds readers to Think Again. You might change your mind. Melanie welcomes comments at melanie@thinkagainusa.com.

http://www.aspentimes.com/article/20...ntprofile=1061
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Old 10-25-2012, 08:41 AM   #102
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I missed it in jan 2009 where we gave the POTUS control over gas prices because I remember the previous eight years being told he had nothing to do with it
So I take it you were either sleeping under a rock or in prison doing hard time when gas prices lower than we have now were headline news worthy with reporters going to the pumps to interview frustrated drivers who blamed big oil and their White House cronies when the POTUS had an R next to his name.
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Old 10-25-2012, 02:18 PM   #103
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So I take it you were either sleeping under a rock or in prison doing hard time when gas prices lower than we have now were headline news worthy with reporters going to the pumps to interview frustrated drivers who blamed big oil and their White House cronies when the POTUS had an R next to his name.
Maybe both sides are hypocritical on this?
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Old 10-25-2012, 02:56 PM   #104
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Like most propaganda this only tells part of the story. It ignores the fact that gas prices were above $3 most of 2008. They hit a historic high of $4.12 in July 2008. They then started to plummet as the economy tanked. They were still $3.75 in September. Up until the BP spill prices were trending lower in the Obama administration than they had for the later years of the Bush administration.

It also doesn't that during the Obama administration the US production has increased which reverses a 40 year trend. Romney's statements to the contrary are only true if you only take the moratorium period after the BP spill.

The misinformation also ignores the fact that world demand for oil us way up while Obama is attempting to take US demand down. Romney's energy plans are entirely supply sided.

What has all this done? Its tripled US exports of oil to the point where the US is on the verge of being the largest exporter of oil in the world. Would you have him stop the exports? Are you a socialist?
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Old 10-25-2012, 04:09 PM   #105
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Originally Posted by Anyong Bluth View Post
Heck, let's go back to the Clinton years of Fall of '98 and most of 1999. I remember11 it dipping into like the 70's and 80's for a while and I could fill up my Jeep , which had a 15 gallon tank if I correctly recall, for $11-$12!

Its all catching up as we watch a giant generation that is living longer and longer retire at at least 10,000 baby boomers a day and the much smaller proceeding generations can make up that dwindling revenue gap that expected to cover all the coat as health costs have spiraled out of control at rates multiple times the inflation rate, and continue to do so even though the cost of treatment and care rose a good chunk again last year but was the smallest increase percentagewise in over 30 years. Thats on top of the fact the spending power for been strippped for a large portion of Americans as wages have not kept pace with the cost of living since the 70's.

Automation, technology, losses of jobs being out outsourced as competition for cheap labor seeks to exploit improvrished workers about to the same levels of what we experienced during our industrial revolution.
We knew this 20 years ago, but did nothing, because the democrats scream and cry to win an election every time the subject comes up, including this time, at the precipice.
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