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McMahon-vs- Blumenthal debate

McMahon-vs- Blumenthal debate

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spruce112358
It's All A Joke

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Originally posted by KazetNagorra
It's easy to blame the Chinese for everthing. Yet, plenty of rich countries (and some US states) have no problem providing enough employment even though they are also shipping in large numbers of Chinese toys and T-shirts.

Import duties have never solved economic woes. (though I'd be very interested in an example where they were successful)

18% of ...[text shortened]... exports is to the US - China isn't going to "tank" merely because of some import tariffs.
I don't blame the Chinese for everything. Our government's spending for instance has nothing to do with the Chinese. I do have a problem with any country that wants to benefit from free market trade in one direction, but doesn't want to embrace the rules that keep things fair and balanced.

I view a tariff as a punishment applied against rule-breaking nations. Once the nation stops the behavior, the tariff goes away. I don't think tariffs are a long-term solution to economic problems.

In the meantime, if China doesn't care about a tariff -- we can use the money collected to pay down the deficit while stimulating US business and creating jobs at the same time. Historically, the US government was at one time almost entirely funded by tariffs.

T

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Obama's (and No1's) idea of government creating jobs


http://blog.al.com/sweethome/2010/09/stimulus_job_funding_expires_a.html

Sept 3 2010

WASHINGTON -- More than 2,300 needy Alabamians working for salaries provided by federal stimulus funds probably will lose their jobs at the end of the month, if Congress does not extend one of the lesser-known provisions of the economic recovery law.

Nationally, about 250,000 adults and students in 37 states have held jobs for which their employers received a federal subsidy to cover the wages, according to a Thursday report from the Center on Budget and Policy Priorities. The subsidized employment program was created by the American Recovery and Reinvestment Act and targets people who already qualify for public assistance and are unable to find work.

President Barack Obama is encouraging Congress to extend for one year the $2.5 billion program as a way to help families who need the paycheck, employees who need the experience, and businesses that can offset their costs for the new hires.
"These subsidized jobs are an important part of that jobs agenda, one that reaches some of our more vulnerable citizens," a White House statement about the program said.

In Alabama, about 1,600 adults and 780 youth have participated in the subsidized employment program, according to the Center on Budget and Policy Priorities national study. An Alabama official with the Department of Human Resources confirmed the figures.

"In some cases, these jobs have helped families leave cash assistance or avoid going on cash assistance in the first place," the report states. The types of jobs vary but include the private and public sector, as well as nonprofits. In Alabama, the employers are reimbursed for 100 percent of the employees' gross wages. There also are programs for students who need work-study experience and summer jobs.

The prospects for extending the program are unclear as Congress prepares to return for its last few weeks of work before the November elections. Republicans already have targeted for cuts the Temporary Assistance for Needy Families Emergency Contingency Fund, out of which the subsidized employment program is funded. And Democrats are under increasing pressure to limit spending as concerns about the deficit rise.

But Democrats are promoting the extension as a way to fight persistent unemployment and note that it has been embraced in states with both Republican and Democratic governors.

"While some employers will take over the costs of these workers when the funding ends, surely many of these low-income workers will once again face joblessness," the White House position paper states.

The Alabama Department of Human Resources has agreements with employers that run through Sept. 30 but not beyond. Agency spokesman Barry Spear said some employers have expressed interest in keeping the workers on the payroll without the subsidy.

"There are businesses and nonprofits that will not have the funds to retain the individuals," Spear said. "But they've gotten job experience and money and we believe the family has been helped, certainly."

Alabama has received $2 million to operate its program, which started in a few counties but eventually was expanded statewide.

+++++++++++++++++++


All the government did was take money from people who produce and direct it to people who don't. Now, they've reached the end of the line.


All government does is take. The jobs "created" by government don't produce anything. The money has to come from somewhere.

All government can do is print money, borrow it, or take it from someone else.

K

Germany

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Originally posted by TheBloop
The jobs "created" by government don't produce anything.
Do you even know what "producing" means in an economic context, Sam?

M

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Originally posted by TheBloop
Obama's (and No1's) idea of government creating jobs


http://blog.al.com/sweethome/2010/09/stimulus_job_funding_expires_a.html

Sept 3 2010

WASHINGTON -- More than 2,300 needy Alabamians working for salaries provided by federal stimulus funds probably will lose their jobs at the end of the month, if Congress does not extend one of the lesser-known ...[text shortened]... ll government can do is print money, borrow it, or take it from someone else.
So the police don't produce anything. The military doesn't produce anything. Highways don't produce anything. Schools don't produce anything. Scientific research doesn't produce anything. National Parks don't produce anything.

kmax87
Republicant Retiree

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Originally posted by utherpendragon
How about Bank of America?


A. P. Giannini,
didn't the bank of america get a significant bailout amount plus guarentees to 5 times that amount, and the only reason they paid back the loan quickly was government stepping on them with stiff conditions because the whitehouse had a pr war to win?

So dont give us that pioneering entrepeneur bs. it works with 5th graders and tea-baggers. i dont think anyone else is convinced.

utherpendragon

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Originally posted by kmax87
didn't the bank of america get a significant bailout amount plus guarentees to 5 times that amount, and the only reason they paid back the loan quickly was government stepping on them with stiff conditions because the whitehouse had a pr war to win?

So dont give us that pioneering entrepeneur bs. it works with 5th graders and tea-baggers. i dont think anyone else is convinced.
"So dont give us that pioneering entrepeneur bs."-numbnuts

LOL!!!🙄

kmax87
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Originally posted by spruce112358
Historically, the US government was at one time almost entirely funded by tariffs.
Only when the US loses its military might and outright military supremacy, will free trade across its borders occur. Whether she will still be able to subsidize its industries is another matter. Its funny the amount of static given to the welfare nation as if it applied only to the small minority of people who eke out an existence betweeen waiting for their next cheque, but when you have handouts to the famers and the steelmakers and the car makers, then what you see is a nation racked with ineficient business models that everyone leaves alone because the have become the nations sacred cows.

Why did america prosper''s between the late 40's to the 70's? Because she was one very productive nation. Now that tag is on China's back. And if America accepts that and allows China to increasingly dominate trade and influence where the world resources are sent to, it will be interesting to see if the process happens peacefully.

kmax87
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Originally posted by utherpendragon
"So dont give us that pioneering entrepeneur bs."-numbnuts

LOL!!!🙄
the comment was not for you but directed at anyone who could comprehend the point being made and give a creditable response without acting like a 12 year old.

I know you can't answer the proposition I made, because it defeats your way of thinking and everything you believe to be true as filtered straight through via gop, tea party and fox channels.

utherpendragon

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Originally posted by kmax87
the comment was not for you but directed at anyone who could comprehend the point being made and give a creditable response without acting like a 12 year old.

I know you can't answer the proposition I made, because it defeats your way of thinking and everything you believe to be true as filtered straight through via gop, tea party and fox channels.
When you click reply and quote on my post and say something in direct relation to my

post I believe then it is safe to assume you are "directing" your asinine comment at

me.

Now go chase a wally-be or some thing mate. 🙄

no1marauder
Naturally Right

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Originally posted by TheBloop
Obama's (and No1's) idea of government creating jobs


http://blog.al.com/sweethome/2010/09/stimulus_job_funding_expires_a.html

Sept 3 2010

WASHINGTON -- More than 2,300 needy Alabamians working for salaries provided by federal stimulus funds probably will lose their jobs at the end of the month, if Congress does not extend one of the lesser-known ...[text shortened]... ll government can do is print money, borrow it, or take it from someone else.
So a quarter of a million people were working and earning a paycheck rather than being on welfare. And that's bad how again?

kmax87
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Originally posted by utherpendragon
When you click reply and quote on my post and say something in direct relation to my

post I believe then it is safe to assume you are "directing" your asinine comment at

me.

Now go chase a wally-be or some thing mate. 🙄
...so what you're saying is that you still can't think of a response and name calling is about as good as it gets for you...?

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