Obama: Worst President Ever? Topic

Posted by OSU_Buckeye on 6/18/2012 2:14:00 PM (view original):
no, and you're obviously not the only one who thinks he's a jackass either.
6/18/2012 2:27 PM
Posted by jrd_x on 6/18/2012 1:41:00 PM (view original):
Sure.  I won't disagree with someone who says that evolution is part of intelligent design.  My gripe is with those that try to argue that the evidence points to intelligent design.  There isn't any.  Intelligent design is a religious belief not a scientifically observable event.
Funny how you say this, because your economic "theories" are NOT scientifically observable events either.

-ToddCommish
PhD, and King of all observable phenomena
6/18/2012 2:27 PM
OK.

What exactly is your argument?  There is no evidence for intelligent design.  There is for evolution.  Evolution doesn't preclude intelligent design.  I accept evolution as fact the same way I accept a heliocentric solar system as fact.  You can say god designed the solar system and I won't argue with you.  

Economics is a social science.  Everything isn't black and white.  Sometimes a little inflation is good.  It isn't ALWAYS bad as mike argues.
6/18/2012 2:35 PM
Did I ever argue that inflation is always bad?

Or did I say something along the lines of "How the **** can you argue that inflation is good"?
6/18/2012 2:43 PM
Isn't that implied?  If a little inflation couldn't possibly be good during a deflationary contraction in the economy, when would it be good?
6/18/2012 2:44 PM
Aren't you the guy that thinks every senior citizen is making money on savings accounts and bonds?
6/18/2012 2:45 PM
Well, if a senior citizen is retired, they are living off of something.  If it isn't social security (which is cost of living adjusted), then a retirement account is the logical alternative.  Most retirement accounts, by the time retirement is reached, are heavily weighted towards bonds and cash (savings, money market, and CDs).
6/18/2012 2:48 PM
Isn't it entirely possible that most senior citizens are check to check and are supplemented, if possible, by their children?
6/18/2012 2:51 PM
Where are the checks coming from?
6/18/2012 2:52 PM
Shouldn't you ask a senior citizen that?

Do you think SS checks are adjusted weekly?   If they aren't, wouldn't a spike in inflation be tough for a person living SS check to SS check?
6/18/2012 2:57 PM
1. You're the one arguing that they aren't getting money from retirement accounts.  If that's so, where do you think they are getting the money?

2. I'm not advocating a big spike in inflation.  We are talking about another 2 or 3% over an entire year.  Social Security recipients already got a 3.6% cost of living increase for 2012 while inflation is tracking at about 2.2% right now.
6/18/2012 3:02 PM
Can you not read or is it your retention problem flaring up again?

Do you not think 2%, over the course of a full 6-8 months, would be trying for someone counting every dollar from week to week?
6/18/2012 3:09 PM
No, I don't. It's 2%. It's essentially just lowering the return on their retirement accounts further. Not great for them, but the overall improvement in the economy is more important.
6/18/2012 3:18 PM
Posted by jrd_x on 6/18/2012 3:18:00 PM (view original):
No, I don't. It's 2%. It's essentially just lowering the return on their retirement accounts further. Not great for them, but the overall improvement in the economy is more important.
Sounds a lot like Spock to me..."The needs of the many out weight the needs of the few." Or commonly referred to as communism. Considering I do live check to check, a 2-3% increase to everything I do would be a killer. Gas goes up 10c a gallon, bread goes up 7c a loaf, milk goes to $7 a gallon times three a week(2 teenagers) electric bill goes up 20 bucks a month, etc, etc, etc........no increase in salary for three years plus a cut in OT....tell this story 12 million times and you have obamas answer to economics. Not to mention the 37% loss in property value and obama has pretty much screwed up this country. Not to mention that businesses will have to cover the increased costs of doing business and that 2-3% quickly becomes 4-6%, devastating to anyone just scraping by.
6/18/2012 3:38 PM
Posted by crackatoeha on 6/18/2012 3:38:00 PM (view original):
Posted by jrd_x on 6/18/2012 3:18:00 PM (view original):
No, I don't. It's 2%. It's essentially just lowering the return on their retirement accounts further. Not great for them, but the overall improvement in the economy is more important.
Sounds a lot like Spock to me..."The needs of the many out weight the needs of the few." Or commonly referred to as communism. Considering I do live check to check, a 2-3% increase to everything I do would be a killer. Gas goes up 10c a gallon, bread goes up 7c a loaf, milk goes to $7 a gallon times three a week(2 teenagers) electric bill goes up 20 bucks a month, etc, etc, etc........no increase in salary for three years plus a cut in OT....tell this story 12 million times and you have obamas answer to economics. Not to mention the 37% loss in property value and obama has pretty much screwed up this country. Not to mention that businesses will have to cover the increased costs of doing business and that 2-3% quickly becomes 4-6%, devastating to anyone just scraping by.

Sorry, but you and your sob story are just collateral damage in jrd's economic view of the world.

Better luck next time.

6/18/2012 3:58 PM
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Obama: Worst President Ever? Topic

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