63k jobs lost in February

[RunInRed 16,487]

"The second straight month in a row of job loss is the biggest drop in five years and brings more bad news for an economy showing signs of recession and more heartache and struggle for Americans..."

John McCain wants four more years of Bush's failed economic policies?

link

[Tigermike 3,054]

News like this gives you a woodie doesn't it?

The dims misery index.

After six years of dims telling the world things are bad, there is finally some bad economic news.

[BamaGrad03 0]

John McCain wants four more years of Bush's failed economic policies?

He wants Bush's TAX CUTS. But never let facts get in the way of your generic hyperbole.

So are you suggesting that tax cuts are why we lost 63,000 jobs?

[AUTiger1 0]

Dang that McCain, for wanting the make the Bush tax cuts permanent! How dare he! It's all a Republican conspiracy that the economy is ever good when they hold office.

[Auburn85 432]

"The second straight month in a row of job loss is the biggest drop in five years and brings more bad news for an economy showing signs of recession and more heartache and struggle for Americans..."

John McCain wants four more years of Bush's failed economic policies?

link

why are gas prices so high?

why are so many houses foreclosing?

yeah, massive government spending sure as heck didn't help the situation. the proposed budget for the federal government is $3 TRILLION. And no, it's not ALL for Iraq.

imo, interest rates need to stay the same. the feds need to stop cutting them and allow the economy to correct itself.

while i do not plan on giving the stimulus check back, it's only made our federal budget deficit bigger.

Plus, it doesn't help the country when states and local governmentd want to raise their taxes.

[RunInRed 16,487]

Dang that McCain, for wanting the make the Bush tax cuts permanent! How dare he! It's all a Republican conspiracy that the economy is ever good when they hold office.

McCain is a bigger flip flopper than Kerry. One minute he's against the tax cuts b/c he said we can't afford them and the now that he's running for office and trying to stroke the republican base, he's for them.

“There’s one big difference between me and the others–I won’t take every last dime of the surplus and spend it on tax cuts that mostly benefit the wealthy.” [McCain campaign commercial, January 2000]

“I am disappointed that the Senate Finance Committee preferred instead to cut the top tax rate of 39.6% to 36%, thereby granting generous tax relief to the wealthiest individuals of our country at the expense of lower- and middle-income American taxpayers.” [McCain Senate floor statement, May 21, 2001]

“But when you look at the percentage of the tax cuts that–as the previous tax cuts–that go to the wealthiest Americans, you will find that the bulk of it, again, goes to wealthiest Americans.” [NBC’s “Today,” Jan. 7, 2003]

[Auburn85 432]

Did Bush raise taxes on the middle class?

How did lowering taxes on the rich put us in the economic downfall?

[RunInRed 16,487]

More:

http://www.townhall.com/columnists/KevinMc...idate_flip-flop

John McCain on the other hand has performed major flip-flops on two of the core positions the party base holds dear, and in essence remade himself and his candidacy multiple times.

John McCain as recently as the New Hampshire primary still scoffed at tax cuts and chided those who had opposed him for the legislation he authored multiple years over that offered direct amnesty to those who had entered the nation illegally. By South Carolina depending on the group he addressed, McCain had seen the light on border fencing, and began calling for the extension of the Bush tax cuts.

You know - the same tax cuts he fought against. The same tax cuts that pulled us out of the Clinton recession, and helped us recover from 9/11 and gave the government treasury revenues of such magnitude that despite fighting an expensive on-going war against global jihadists still allowed us to reduce the deficit ahead of schedule every year.

[RunInRed 16,487]

Did Bush raise taxes on the middle class?

How did lowering taxes on the rich put us in the economic downfall?

In short:

No economic balance

Deficit spending

Not enough ivestment in solutions to address rising costs (healthcare, energy, education, etc.)

Summary: Trickle down economics does not work

[Auburn85 432]

ok, i'll give you deficit spending.

but because taxes were cut on the rich, congress and bush started foaming at the mouth with more money to play with?

Education spending has increased quite a bit.

Tuition at colleges are rising way more than the rate of inflation.

Auburn system for example:

Auburn University System

Funding for 1999-2000 Ed. Trust Fund- $196,659,613

Earmarked Funds- $283,112,183

Total- $479,771,796

Funding for 2000-2001 Ed. Trust Fund- $194.620,279

Earmarked Funds- $298,922,285

Total- $493,592,564 (after 6.2% proration)

Funding for 2001-2002 Ed. Trust Fund- $200,782,602

Earmarked Funds- $301,620,845

Total- $502,403,447

Funding for 2002-2003 Ed. Trust Fund- $206,337,817

Earmarked Funds- $324,351,357

Total- $530,689,174

Funding for 2003-2004 Ed. Trust Fund- $207,783,992

Earmarked Funds- $361,898,913

Total- $569,682,905

Funding for 2004-2005 Ed. Trust Fund- $215,593,341

Earmarked Funds- $388,369,450

Total- $604,232,791

Funding for 2005-2006 Ed. Trust Fund- $245,510,178

Earmarked Funds- $411,617,543

Total- $657,127,721

Funding for 2006-2007 Ed. Trust Fund- $288,020,332

Earmarked Funds- $435,627,324

Total- $723,647,656

Funding for 2007-2008 Ed. Trust Fund- $334,380,516

Earmarked Funding- $478,476,806

Total- $812,857,322

Source: State records

AUM tuition and fees 1999-00: $2577

AUM tuition and fees 2000-01: $3000

AUM tuition and fees 2001-02: $3440

AUM tuition and fees 2002-03: $3620

AUM tuition and fees 2003-04: $4130

AUM tuition and fees 2004-05: $4460

AUM tuition and fees 2005-06: $4640

AUM tuition and fees 2006-07: $4760

AUM tuition and fees 2007-08: $4965

A 92.8% increase since 1999

Auburn tuition and fees 99-00: $2895

Auburn tuition and fees 00-01: $3154

Auburn tuition and fees 01-02: $3380

Auburn tuition and fees 02-03: $3784

Auburn tuition and fees 03-04: $4426

Auburn tuition and fees 04-05: $5068

Auburn tuition and fees 05-06: $5278

Auburn tuition and fees 06-07: $5496

Auburn tuition and fees Fall-07: $5834

a 101.5% increase since 1999

AUM enrollment Fall 1999: 5354

AUM enrollment Fall 2000: 4900

AUM enrollment Fall 2001: 4982

AUM enrollment Fall 2002: 5104

AUM enrollment Fall 2003: 5298

AUM enrollment Fall 2004: 5123

AUM enrollment Fall 2005: 5128

AUM enrollment Fall 2006: 5079

AUM enrollment Fall 2007: 5124

Auburn total enrollment Fall 1999: 19,327

Auburn total enrollment Fall 2000: 19,050

Auburn total enrollment Fall 2001: 19,650

Auburn total enrollment Fall 2002: 20,346

Auburn total enrollment Fall 2003: 23,152

Auburn total enrollment Fall 2004: 22,928

Auburn total enrollment Fall 2005: 23,333

Auburn total enrollment Fall 2006: 23,547

Auburn total enrollment Fall 2007: 24,137

[lukeduke 8]

News like this gives you a woodie doesn't it?

How do you think he typed up the post. He read that article, then looked at the lifesize cutout of Obama he has taped to the ceiling above his bed, put his hands behind his head and typed away.

[AUTiger1 0]

Did Bush raise taxes on the middle class?

How did lowering taxes on the rich put us in the economic downfall?

In short:

No economic balance

Deficit spending

Not enough ivestment in solutions to address rising costs (healthcare, energy, education, etc.)

Summary: Trickle down economics does not work

Please then explain the Reagan years to me then. Was it Trickle Down Economics or was it that Reagan was riding the wave of Jimmy Carters awesome policies

[otterinbham 0]

"The second straight month in a row of job loss is the biggest drop in five years and brings more bad news for an economy showing signs of recession and more heartache and struggle for Americans..."

John McCain wants four more years of Bush's failed economic policies?

link

Actually the unemployment rate went down.

[Auburn85 432]

"The second straight month in a row of job loss is the biggest drop in five years and brings more bad news for an economy showing signs of recession and more heartache and struggle for Americans..."

John McCain wants four more years of Bush's failed economic policies?

link

Actually the unemployment rate went down.

that info isn't important to this thread

then, it would be "well, with this lower unemployment, people aren't making enough to keep up with inflation"

some are just rooting for a recession. if you talk of a recession enough, alot of people will jump on the bandwagon.

it's alot like all of those years saying the atlanta braves wouldn't make the playoffs. we'll it took a while, but they finally didn't make the playoffs.

so if you say it long enough it will evenutally happen or people will believe that it will happen.

[RunInRed 16,487]

Did Bush raise taxes on the middle class?

How did lowering taxes on the rich put us in the economic downfall?

In short:

No economic balance

Deficit spending

Not enough ivestment in solutions to address rising costs (healthcare, energy, education, etc.)

Summary: Trickle down economics does not work

Please then explain the Reagan years to me then. Was it Trickle Down Economics or was it that Reagan was riding the wave of Jimmy Carters awesome policies

The 80s had some good and bad times. Some think GHB inherited the results of Regan's economic policies.

Be careful with those types of arguments - i.e. I could ask you to prove that trickle down economics does not work by making you explain the 90s.

[RunInRed 16,487]

ok, i'll give you deficit spending.

but because taxes were cut on the rich, congress and bush started foaming at the mouth with more money to play with?

Education spending has increased quite a bit.

Tuition at colleges are rising way more than the rate of inflation.

Auburn system for example:

Auburn University System

Funding for 1999-2000 Ed. Trust Fund- $196,659,613

Earmarked Funds- $283,112,183

Total- $479,771,796

Funding for 2000-2001 Ed. Trust Fund- $194.620,279

Earmarked Funds- $298,922,285

Total- $493,592,564 (after 6.2% proration)

Funding for 2001-2002 Ed. Trust Fund- $200,782,602

Earmarked Funds- $301,620,845

Total- $502,403,447

Funding for 2002-2003 Ed. Trust Fund- $206,337,817

Earmarked Funds- $324,351,357

Total- $530,689,174

Funding for 2003-2004 Ed. Trust Fund- $207,783,992

Earmarked Funds- $361,898,913

Total- $569,682,905

Funding for 2004-2005 Ed. Trust Fund- $215,593,341

Earmarked Funds- $388,369,450

Total- $604,232,791

Funding for 2005-2006 Ed. Trust Fund- $245,510,178

Earmarked Funds- $411,617,543

Total- $657,127,721

Funding for 2006-2007 Ed. Trust Fund- $288,020,332

Earmarked Funds- $435,627,324

Total- $723,647,656

Funding for 2007-2008 Ed. Trust Fund- $334,380,516

Earmarked Funding- $478,476,806

Total- $812,857,322

Source: State records

AUM tuition and fees 1999-00: $2577

AUM tuition and fees 2000-01: $3000

AUM tuition and fees 2001-02: $3440

AUM tuition and fees 2002-03: $3620

AUM tuition and fees 2003-04: $4130

AUM tuition and fees 2004-05: $4460

AUM tuition and fees 2005-06: $4640

AUM tuition and fees 2006-07: $4760

AUM tuition and fees 2007-08: $4965

A 92.8% increase since 1999

Auburn tuition and fees 99-00: $2895

Auburn tuition and fees 00-01: $3154

Auburn tuition and fees 01-02: $3380

Auburn tuition and fees 02-03: $3784

Auburn tuition and fees 03-04: $4426

Auburn tuition and fees 04-05: $5068

Auburn tuition and fees 05-06: $5278

Auburn tuition and fees 06-07: $5496

Auburn tuition and fees Fall-07: $5834

a 101.5% increase since 1999

AUM enrollment Fall 1999: 5354

AUM enrollment Fall 2000: 4900

AUM enrollment Fall 2001: 4982

AUM enrollment Fall 2002: 5104

AUM enrollment Fall 2003: 5298

AUM enrollment Fall 2004: 5123

AUM enrollment Fall 2005: 5128

AUM enrollment Fall 2006: 5079

AUM enrollment Fall 2007: 5124

Auburn total enrollment Fall 1999: 19,327

Auburn total enrollment Fall 2000: 19,050

Auburn total enrollment Fall 2001: 19,650

Auburn total enrollment Fall 2002: 20,346

Auburn total enrollment Fall 2003: 23,152

Auburn total enrollment Fall 2004: 22,928

Auburn total enrollment Fall 2005: 23,333

Auburn total enrollment Fall 2006: 23,547

Auburn total enrollment Fall 2007: 24,137

You just proved my point about rising education cost. It would also be very interesting to know how student loan debt increased in that same period.

As far as federal funding - no child left behind has been a complete disaster for K-12.

[Auburn85 432]

but what i was showing, even with increases in funding, tuition still went up.

so if we increase funding for higher ed, and tuition still goes up, what do we do?

overall education funding in Alabama:

Alabama Trust Fund Budget

2001-2002 Ed. Trust Fund - $3,182,353,538

Earmarked Funds- $1,404,991,499

Total- $4,587,345,037

2002-2003 Ed. Trust Fund- $3,254,853,030

Earmarked Funds - $1,594,775,870

Total- $4,849,628,900

2003-2004 Ed. Trust Fund- $3,371,053,778

Earmarked Funds - $1,908,747,737

Totals- $5,279,801,515

2004-2005 Ed. Trust Fund- $3,663,830,293

Earmarked Funds - $2,012,048,554

Total- $5,675,878,847

2005-2006 Ed. Trust Fund- $4,297,012,676

Earmarked Funds- $2,084,141,287

Totals- $6,381,153,963

2006-2007 Ed. Trust Fund- $4,927,034,131

Earmarked Funds- $2,176,535,411

Totals- $7,103,569,542

Total Edu. App. - $6,277,535,076

2007-2008 Ed. Trust Fund- $5,199,585,313

Earmarked Funds- $2,424,691,199

Totals- $7,624,276,512

Total Edu. App. $6,688,342,853

Teachers also got decent raises too the previous 3 years.

Nationally:

from 2006

http://www.usatoday.com/news/washington/20...ng-inside_x.htm

For the past five years, Republicans have increased K-12 education spending by an average of 7% annually. The increase was greatest early in the administration and has declined every year since.

HOW PRESIDENTS COMPARE ON SPENDING

Average annual change in spending for each category. All figures have been adjusted for inflation:

k-12 spending

Johnson- +31%

Nixon-Ford- +3%

Carter- +1%

Reagan- +0%

Bush- +5%

Clinton- +3%

Bush- +7%

[arnaldoabru 11]

Nobody wants a recession/depression. But the last 8 years,well..."it is what it is."

[Tigermike 3,054]

Nobody wants a recession/depression. But the last 8 years,well..."it is what it is."

Yes it "it is what it is." and has been very good for a lot of people. Interest rates low, unemployment low. Yet all the dims could do for the past seven years is bitch and moan about Bush and his tax cuts. Not a damn one that I know of has sent those tax cuts in anyway.

Just last night I was talking to a guy I work with and he was ranting about how bad the economy is, high gas prices, high food prices yada, yada, yada. He went on to tell how his credit cards were maxed out because of food. He said he only used the card for food and his bill was huge. Now this is a guy who makes decent money and only works three days per week. 3 - 12 hour days per week and he is whining about not being able to pay his fricking credit card bill. When I pointed out he could very easily work at McDonalds or anywhere else for two days a week and use the extra money to pay off his credit card(s) he actually got mad(er). I mean the complete audacity of a conservative to even suggest he actually work extra to pay his own bills was a bit much for him. But he is sure that either Hillary or Obama will lead him to the promise land of cheap gasoline and will also implement a program to help eliminate his debt. After all it's Bush's fault.

[AUTiger1 0]

Nobody wants a recession/depression. But the last 8 years,well..."it is what it is."

Yes it "it is what it is." and has been very good for a lot of people. Interest rates low, unemployment low. Yet all the dims could do for the past seven years is bitch and moan about Bush and his tax cuts. Not a damn one that I know of has sent those tax cuts in anyway.

Just last night I was talking to a guy I work with and he was ranting about how bad the economy is, high gas prices, high food prices yada, yada, yada. He went on to tell how his credit cards were maxed out because of food. He said he only used the card for food and his bill was huge. Now this is a guy who makes decent money and only works three days per week. 3 - 12 hour days per week and he is whining about not being able to pay his fricking credit card bill. When I pointed out he could very easily work at McDonalds or anywhere else for two days a week and use the extra money to pay off his credit card(s) he actually got mad(er). I mean the complete audacity of a conservative to even suggest he actually work extra to pay his own bills was a bit much for him. But he is sure that either Hillary or Obama will lead him to the promise land of cheap gasoline and will also implement a program to help eliminate his debt. After all it's Bush's fault. Everything bad in the world is the Republican's fault.

Fixed that for you.