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Old 07-06-2008, 06:03 PM   #1
 
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Default economy nosediving

Heard the new report Friday, the economy is going down quickly. Cost of living really taking a tole, along with petro product prices. Job losses to reach epic levels soon. I have to wonder the great plan the Republicans are working to save the ship. George Bush needed some uplifting news before his departure, it might be too late for browny points now. I suspect he may be in hiding at this time.
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Old 07-06-2008, 06:07 PM   #2
 
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Default RE: economy nosediving

Sounds like your an Obama supporter. What plans does he have in place(today vs 4 months ago)vs what McCain has in place to revitalize our economy and cure all our ills? Oh I forgot he has none other then taxes and more of the same. You don't think for a moment that he will do anything about Nafta, Uneven trade with China or Engergy do you ?
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Old 07-06-2008, 06:16 PM   #3
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Default RE: economy nosediving

You mean Hussein "I got a dream", "Four score and seven years ago", "Ask not what you can do for your country" Obama?
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Old 07-06-2008, 06:23 PM   #4
 
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Default RE: economy nosediving

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ORIGINAL: oldelkhunter

Sounds like your an Obama supporter. What plans does he have in place(today vs 4 months ago)vs what McCain has in place to revitalize our economy and cure all our ills? Oh I forgot he has none other then taxes and more of the same. You don't think for a moment that he will do anything about Nafta, Uneven trade with China or Engergy do you ?
Not a supporter of anyone yet. I'm not sure what Obama might do, but I'm almost sure of what McCain will do==McCain will keep Nafta in full support of corps, with no protection for our workers. As for un-even trade, McCain has no reason to make it even, simple as that, Our companies are getting rich in China right now, the same companies that are taking losses here are getting record profits there. As for Energy, he will do what he can to keep the Oil Giants in position and all the green stuff pushed to the side. I can think of alot more.
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Old 07-06-2008, 06:53 PM   #5
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Default RE: economy nosediving

Quote:
ORIGINAL: RainmakerIII

Quote:
ORIGINAL: oldelkhunter

Sounds like your an Obama supporter. What plans does he have in place(today vs 4 months ago)vs what McCain has in place to revitalize our economy and cure all our ills? Oh I forgot he has none other then taxes and more of the same. You don't think for a moment that he will do anything about Nafta, Uneven trade with China or Engergy do you ?
Not a supporter of anyone yet. I'm not sure what Obama might do, but I'm almost sure of what McCain will do==McCain will keep Nafta in full support of corps, with no protection for our workers. As for un-even trade, McCain has no reason to make it even, simple as that, Our companies are getting rich in China right now, the same companies that are taking losses here are getting record profits there. As for Energy, he will do what he can to keep the Oil Giants in position and all the green stuff pushed to the side. I can think of alot more.
Actually, most people don't realize, nafta is not the problem for most. Especially manfacturing positions. China is. I am not sure bama would do anything.

Why do you think McCain wants to keep oil giants in position?

Actually, its not the republicans that are in control of the ship as you say, not sure if you heard but both houses are controlled by the democrats. So a better question is what are the democrats going to do to keep this ship from sinking. They are in the control.
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Old 07-06-2008, 07:05 PM   #6
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Default RE: economy nosediving

Sorry BC. China is having problems as well. Increase in shipping cost has increased their prices dramatically. Seems industry is looking closer to home these days. Should the cost stay up there this will be more common.

Quote:
Actually, its not the republicans that are in control of the ship as you say, not sure if you heard but both houses are controlled by the democrats. So a better question is what are the democrats going to do to keep this ship from sinking. They are in the control.
Nothing. They believe what is happening is good. They are happy with the cost of gas. They don't feel you pay enough in taxes and yes they will take good care of you.
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Old 07-06-2008, 07:05 PM   #7
 
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Default RE: economy nosediving

Actually, most people don't realize, nafta is not the problem for most. Especially manfacturing positions. China is. I am not sure bama would do anything.

BC earlier in his campaign he was using the Anti-Nafta rhetoric, that was until one of his staff members had a secret meeting with the Canadian minister of trade and told him not to sweat it about Nafta.

Why do you think McCain wants to keep oil giants in position?

Actually, its not the republicans that are in control of the ship as you say, not sure if you heard but both houses are controlled by the democrats. So a better question is what are the democrats going to do to keep this ship from sinking. They are in the control.

Pelosi and Reid...ROTFLMAO with those 2 so-called Leaders
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Old 07-06-2008, 07:11 PM   #8
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Default RE: economy nosediving

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ORIGINAL: Fieldmouse

Sorry BC. China is having problems as well. Increase in shipping cost has increased their prices dramatically. Seems industry is looking closer to home these days. Should the cost stay up there this will be more common.

Quote:
Actually, its not the republicans that are in control of the ship as you say, not sure if you heard but both houses are controlled by the democrats. So a better question is what are the democrats going to do to keep this ship from sinking. They are in the control.
Nothing. They believe what is happening is good. They are happy with the cost of gas. They don't feel you pay enough in taxes and yes they will take good care of you.
Well Field, my company just invested 20million in a china facility. And another 20million in a bangalore, india facility. You know the industry, I don't see any of the major players pulling back on money in China or India.
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Old 07-06-2008, 07:19 PM   #9
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Default RE: economy nosediving

Quote:
ORIGINAL: bigcountry

Quote:
ORIGINAL: Fieldmouse

Sorry BC. China is having problems as well. Increase in shipping cost has increased their prices dramatically. Seems industry is looking closer to home these days. Should the cost stay up there this will be more common.

Quote:
Actually, its not the republicans that are in control of the ship as you say, not sure if you heard but both houses are controlled by the democrats. So a better question is what are the democrats going to do to keep this ship from sinking. They are in the control.
Nothing. They believe what is happening is good. They are happy with the cost of gas. They don't feel you pay enough in taxes and yes they will take good care of you.
Well Field, my company just invested 20million in a china facility. And another 20million in a bangalore, india facility. You know the industry, I don't see any of the major players pulling back on money in China or India.
Now your talking about something different, I'm sorry. I'm talking more on the consumer side of the house. High-tech is going to contiue to expand all over the world. 1 it's moving to fast not to be worked on 24 hours a day and 2 it's fueling our expansion.
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Old 07-06-2008, 08:07 PM   #10
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Default RE: economy nosediving

Rainmaker, Rainmaker . . . who are you kidding? You're hardly a fence-sitter in this election. But you might want to rethink your obvious support of Obama if the economy is your primary concern. Look back over the past 30 years at every period of substantial economic growth we've seen, and look at the 1 thing they have in common. Capital gains taxes were cut. But Obama has promised to substantially increase the capital gains tax; perhaps almost double it. He's also promised to hike corporate taxes. Job growth? With a tax plan like that, I think not. He's also proposed a windfall profits tax for the oil companies. That isn't going to do anything to reduce the cost of gasoline; it's only going to add another tax that will be passed along to the consumer: You and I. Which means prices at the pump can go even higher. And, his wealth redistribution plan (cut taxes for everyone making less than $225,000; substantially increase taxes for the rest) would increase the national deficit by an estimated $4 trillion, and that's without taking into account his hundreds of billions in increased foreign aid, which would also grow the deficit . . . all of which would further drive down the value of the dollar, compounding our problem. I fear we've not begun to see poor economic conditions like what we'll see under President Obama.

As for your original post, you blame our current economic woes (or perceived economic woes) on Bush. Care to explain how Bush is responsible? Or, more to the point, which Bush policies have directly contributed to the economic downturn?
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