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$12.8 Trilliion

Seems that they think it was needed
They used their creativity to help the worst-case scenario from unfolding and I’m awfully glad they did it
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Could have been worse, eh?

The Funny part was this:
Federal Reserve officials project the economy will keep shrinking until at least mid-year, which would mark the longest U.S. recession since the Great Depression.
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Are you ready to apologize for saying Obama lied about the state of the economy?
 
$12.8 trillion, isn't that the latest sum that the birthers are claiming that Obama has spent on Lawyers to hide his birth certificate?
 
Maybe. But just exactly how many is One Brazilian?

(Insert a punch line here)
 
joobz said:
Are you ready to apologize for saying Obama lied about the state of the economy?
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I'm not going to apologize because I was right when I said that. For all the reasons I've pointed out repeatedly ... that you continue to simply ignore. But let me point them out again lest others be misled by you.

The fact is Obama was not correct when he said "we have inherited an economic crisis as deep and dire as any since the days of the Great Depression" back on February 5th. At the time he made that statement, this recession was not worse than the one in 1981-82 (or the one in the mid 70s) on many, many levels. I proved this on the thread where this was discussed (http://www.internationalskeptics.com/forums/showthread.php?t=135124) by comparing specific figures (unemployment rate, inflation rate, the delta in real GDP, the delta in industrial production, the 30 year mortgage rate, and the "misery index"). And you never contested any of those figures in that thread (or any thread), joobz.

As pointed out to you previously, the February 27th issue of the leftist New York Times supported my assertion. It said (http://www.nytimes.com/2009/02/28/business/economy/28recession.html?_r=1) "Current conditions are not even as poor as during the twin recessions of the 1980s, when unemployment exceeded 10 percent". In fact, unemployment and all those other measures I mentioned above still haven't exceeded the levels during 1981-1982 recession.

Plain and simple ... Obama was a liar. He lied in order to sell his stimulus/porkulus agenda. And you bought the lie. And here you are trying to defend the lie ... with a lie. How appropriate. :rolleyes:

As for the jokes by the rest of the posters on this thread, do they also lack the means to debate me on this topic? Do they think by joking that these enormous new debts will vanish and all will turn out ok? That our children and their children won't suffer as a result? Well, I detect a bit of nervousness in that laughter. :D
 
The Fool said:
Trilliion....Isn't he from Star Wars?
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No, that's Trilliam from Hitchhiker's. No, wait, that's Trillian. Trilliam is that wheat that the tribbles were scarfing down. No, wait. That was quadra-trita-caline.
 
BeAChooser said:
.....Plain and simple ... Obama was a liar. He lied in order to sell his stimulus/porkulus agenda. And you bought the lie. And here you are trying to defend the lie ... with a lie. How appropriate. :rolleyes:

As for the jokes by the rest of the posters on this thread, do they also lack the means to debate me on this topic? Do they think by joking that these enormous new debts will vanish and all will turn out ok? That our children and their children won't suffer as a result? Well, I detect a bit of nervousness in that laughter. :D
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Maybe some are going to just block it all out. It just too big.
 
BAC...you would do better with your argument if you just phoned it
in to the Rush Limbaugh show.

Facts needed not in that environment...Ditto! ;)

And Matt and Trey had it correct...it was longer and uncut.
 
XBoxWarrior said:
BAC...you would do better with your argument if you just phoned it
in to the Rush Limbaugh show.

Facts needed not in that environment...Ditto! ;)
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Would you like to debate the historical facts regarding the length and depth of recessions?

Because I bet I can muster more than you in support of my views and prove that most of what you believe is just plain wrong.
 
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