The Ryan budget plan, Part III: More trickle-down

In “The Path to Prosperity,” House Budget Chairman Paul Ryan makes it clear that tax increases will not be part of the solution to the nation’s fiscal problems. He intends to address the problem solely through budget cuts, most of them focused on programs affecting the elderly, the sick and the poor. After all, that’s where the money is in the federal budget, especially when you exempt the Pentagon from spending cuts, as Ryan proposes to do.

“The U.S. government is not running sustained deficits because Americans are taxed too little,” the plan states. “The government is running deficits because it spends too much.”

However, that sentiment doesn’t mean that Ryan intends to leave the tax code untouched. Among other things, he proposes to reduce the number of tax brackets from the current six, which would make the income tax flatter and less progressive. He also intends to lower the top tax bracket on individuals and corporations from the current 35 percent to 25 percent.

Inevitably, such changes would have the effect of lowering taxes on corporations and the wealthy, while shifting more of the burden to working and middle-class Americans. When combined with the payroll tax, which Ryan concedes is a surtax on earned income below $106,000, a large number of working class and middle-class Americans would probably end up paying a significantly higher percentage of their income in federal taxes than their wealthier counterparts.

I say “probably” because as far as I can tell, Ryan hasn’t released specifics of his tax reform proposal to the public. He did, however, provide considerable detail to the Heritage Foundation’s Center for Data Analysis to allow it to project the economic impact of the proposed changes. So let’s see what they have to say.

Overall, Heritage projects, the Ryan budget proposal would produce an outcome that frankly would be nothing short of miraculous, including an increase in economic output of $1.5 trillion over the next ten years. That in turn would help drive down the federal deficit considerably.

But how real is it? Unlike projections by the nonpartisan Congressional Budget Office, the Heritage analysis relies on what is called “dynamic scoring.” In other words, it programs its computer models to assume that tax cuts on the wealthy and corporations produce enormous economic growth.

For example, let’s take a look at what dynamic scoring does to the projected unemployment rate. The CBO projects that the unemployment rate next year will average 8.4 percent. The Heritage Foundation, using dynamic scoring, projects that if the Ryan plan passes, unemployment would plummet next year to 6.4 percent.

By 2015, the CBO projects, unemployment will be down to 5.9 percent. Under the Ryan plan, Heritage projects it will fall to a remarkable 4.0 percent, declining still further to 2.8 percent in 2021.

2.8 percent?

Who believes that? Nobody believes that. In fact, those projections are so embarrassingly absurd that Heritage itself has gone back into its study and removed them. They were there in the version I downloaded yesterday; they are gone from the version available today.

In this case, Heritage can make ridiculous claims for the economic benefits of Ryan’s plan — claims that help account for the supposed deficit reduction — without fear of those claims being tested against reality. Nobody believes that the plan will ever be adopted.

Ten years ago, however, the Heritage Foundation’s Center for Data Analysis ran similar projections for President Bush’s plan to cut taxes, using the same computer model it used to analyze Ryan’s plan.

Heritage claimed that if the Bush tax cuts were approved, the economy would grow so quickly that by 2010, the entire federal debt would effectively be eliminated.

Not only that, “The plan would save the entire Social Security surplus and increase personal savings while the federal government accumulated $1.8 trillion in uncommitted funds from FY 2008 to FY 2011, revenue that could be used to reform the Social Security and Medicare systems and reduce the payroll tax,” Heritage claimed.

Well ….

– Jay Bookman

970 comments Add your comment

Finn McCool

April 7th, 2011
8:40 am

Rush to Use Crops as Fuel Raises Food Prices and Hunger Fears
http://www.nytimes.com/2011/04/07/science/earth/07cassava.html?_r=1&hp

Time for this to stop. $1.39 for a green bell pepper? Are you kidding?

USinUK

April 7th, 2011
8:40 am

http://bit.ly/eN03XQ

wanker

wanker

wanker

WANKER

saw this story over the weekend and it STILL makes me so mad my eyes hurt.

WOW

April 7th, 2011
8:41 am

“Time for this to stop. $1.39 for a green bell pepper? Are you kidding?”

It’s Bush’s fault. No wait, it’s Cheney’s fault. No, it’s Rove’s fault. Nope, it’s Paul Ryan’s fault.

WOW

April 7th, 2011
8:42 am

“saw this story over the weekend and it STILL makes me so mad my eyes hurt.”

3…2…1… AWWWWWWWWWWWWWWWWWWWWWWEEEEEEEEEEEEEE.

Finn McCool

April 7th, 2011
8:42 am

of any cable news outlet.

That’s the key phrase. Check to see the ratings on the old network channels and then compare those to Fox?

mwuahahahahahaha

WOW

April 7th, 2011
8:43 am

Soothsayer

April 7th, 2011
8:43 am

WOW

April 7th, 2011
8:44 am

“Check to see the ratings on the old network channels and then compare those to Fox?’

Oh, you mean like CBS where Katie Courics ratings are in the tank and is forced to leave?

You mean like NBC where Matt Lauer is leaving?

WOW

April 7th, 2011
8:45 am

“The Obama administration warned Wednesday that a federal shutdown would undermine the economic recovery, delay pay to U.S. troops fighting in three wars”

WHAT WAS THAT????? THREE WARS?????? Didn’t the left wingers state that we are NOT in three wars? LOLOLOLOL

Paul

April 7th, 2011
8:45 am

Morning, Finn

“$1.39 for a green bell pepper? Are you kidding?”

$6 billion for corn?

Couple billion for sugar?

And these twits in Congress can’t figure out where to find a couple billion?

Finn McCool

April 7th, 2011
8:45 am

WOW, did your mother not pay attention to you when you were a kid?

I’ve never seen someone so crave attention as you. You revert to anger when you don’t get it by being kind.

You need psychological help, friend.

WOW

April 7th, 2011
8:48 am

“WOW, did your mother not pay attention to you when you were a kid?”

DIVERT DIVERT DIVERT.

“I’ve never seen someone so crave attention as you. You revert to anger when you don’t get it by being kind.

Where have I shown anger, Finn? LOL, you really are funny!

“You need psychological help, friend.”

I love it when left wingers can’t debate anything and instead divert attention to something else.

Hey, why don’t you tell me to get more educated?

WOW

April 7th, 2011
8:49 am

“And these twits in Congress can’t figure out where to find a couple billion?”

When you write the word “twit” you are referring to only the GOP, right Paul?

WOW

April 7th, 2011
8:50 am

Finn McCool

It really is funny how we go from debating news ratings to you throwing out personal insults.

USinUK

April 7th, 2011
8:51 am

yeah, PAUL … you’re such a PARTISAN HACK, PAUL!!!

sheesh

:lol:

Keep Up the Good Fight!

April 7th, 2011
8:51 am

DOOCY: One of the other details that, according to Mr. Ryan, is in his proposal, which he wrote about in the Wall Street Journal today is he’d also like to reduce the top income tax rate from 35 percent to 25 percent.

BECK: Good luck getting that done. [Fox News, Fox & Friends, 4/5/11]
___________________________

another prophesy?

Normal

April 7th, 2011
8:51 am

USinUK

April 7th, 2011
8:34 am

USinUK,
SO True…

But what I don’t get is that hee implies that Liberals don’t go to college…he must not have heard of the Liberal Arts degree… :D

WOW

April 7th, 2011
8:52 am

Keep Up the Good Fight!

Why are you so obsessed with Glenn Beck and Fox News?

Keep Up the Good Fight!

April 7th, 2011
8:52 am

Baker: “Almost Everything In The Plan Has Been Tried And Failed.” Dean Baker of the Center for Economic and Policy Research wrote:

I want to join those in commending Representative Paul Ryan, but for a slightly different reason. Representative Ryan has provided a valuable service to the country by tossing out a piece of warmed-over dreck that calls for a massive upward redistribution from the nation’s workers to the rich. This is clear to anyone who reads it.

[...]

The reason why this is so useful is that there is nothing in the Ryan plan that has not been circulated in policy circles for decades. Almost everything in the plan has been tried and failed. The plan ignores obvious economic realities, such as the bubble-induced recession that has left 25 million people unemployed or underemployed. It doesn’t lay a glove on the rich and powerful, while threatening to undermine the limited economic security enjoyed by tens of millions of middle class families.

Yet many pundits will applaud the plan as brave, innovative and creative. In making these pronouncements these pundits will immediately reveal themselves as worthless hacks who either lack the ability or desire to do their own thinking. Their endorsement of the Ryan plan will be like a scarlet letter permanently marking them as someone who has no place in a serious policy discussion. For this reason we owe Mr. Ryan a real debt of gratitude. [Center for Economic and Policy Research, 4/5/11]

Finn McCool

April 7th, 2011
8:53 am

USinUK, the weird thing is that the only time of the year I hear the name “Go Daddy” is during Super Bowl ads.

I have no idea what they do except spend billions advertising during the Super bowl….and no need to learn what they do, either.

WOW

April 7th, 2011
8:53 am

“But what I don’t get is that hee implies that Liberals don’t go to college…he must not have heard of the Liberal Arts degree”

What’s really funny is the fact that I never said that liberals don’t go to college. I love how you totally lie about what I wrote.

USinUK

April 7th, 2011
8:54 am

Normal – “Liberal Arts degree”

what ARE conservative arts, anyway?

Keep Up the Good Fight!

April 7th, 2011
8:55 am

USinUk… well there is a clown school in WI…that would be conservative arts

WOW

April 7th, 2011
8:55 am

“Representative Ryan has provided a valuable service to the country by tossing out a piece of warmed-over dreck”

Yet Mr. Baker offers no solution. Nice, Gunicorn.

USinUK

April 7th, 2011
8:55 am

Finn – I’m appalled that he wasn’t arrested on the frickin SPOT

I don’t care what they do – someone needs to turn HIM loose in the savannah and hunt him down.

Doggone/GA

April 7th, 2011
8:55 am

“what ARE conservative arts, anyway?”

No nudity – even the animals have to be clothed!

Normal

April 7th, 2011
8:56 am

From your own mouth, WOW. Now cut the BS and say your sorry.

WOW

April 7th, 2011
7:54 am
“How many of you have actually read every page of Ryan’s proposal?”

Same number who read the Obamacare plan. NOT MANY.

Remember Bo, most of these people never even went to college.
———————————–

You really are a trip.

Finn McCool

April 7th, 2011
8:56 am

The reason why this is so useful is that there is nothing in the Ryan plan that has not been circulated in policy circles for decades.

They have to try again. They’ve been trying to dismantle most socail programs for the past 40 years and ow, with the tea party backing, the time is ripe for them to throw it all back on the table.

USinUK

April 7th, 2011
8:56 am

KeepUp – (with apologies to Bosch) – don’t malign clowns so

Soothsayer

April 7th, 2011
8:56 am

USinUK

April 7th, 2011
8:57 am

WOW

April 7th, 2011
8:57 am

“You really are a trip.”

Not sure how you got ALL LIBERALS and MOST PEOPLE on this blog mixed up, Normal.

TaxPayer

April 7th, 2011
8:58 am

Glenn Beck
George Bush

Coincidence?

I think not. Two hot air balloons with the same initials.

Normal

April 7th, 2011
8:58 am

Conservative Arts. The ability to subtract 5 from 3 and call it good for the economy…

Fred

April 7th, 2011
8:58 am

Why does that make you mad USinUK?

WOW

April 7th, 2011
8:59 am

“I think not. Two hot air balloons with the same initials.”

Barrack Obama

Body Odor

Coincidence? I think not.

Keep Up the Good Fight!

April 7th, 2011
9:00 am

Gov. Scott Walker (R-WI) was using state funds to pay more than $81,500 a year to Brian Deschane, a 26-year-old son of a major campaign donor with no college degree and two drunken-driving convictions. The job involved overseeing state environmental and regulatory issues and managing dozens of Commerce Department employees.

Yesterday, after the media reported on the hiring, Walker abruptly reversed course and removed Deschane from his position. Despite calling Deschane a “natural fit” just last week, Walker spokesman Cullen Werwise said Tuesday that the Governor decided “to move in another direction” after learning of the details of the appointment.

Yet, Deschane will still serve in the Administration, returning to his previous job where he made $64,000 a year. Assembly Minority Leader Peter Barca (D) says he continues to be “concerned about whether [Deschane] was hired properly under the civil service system.” …

Those concerns appear to be well-founded. The Milwaukee Journal Sentinel reveals that Walker Commerce Secretary Paul Jadin choose Deschane as head of environmental and regulatory affairs at the Commerce Department over two highly qualified former state officials with extensive experience in state government:

The first [potential candidate] Oscar Herrera, is a former state cabinet secretary under Republican Gov. Scott McCallum with a doctoral degree and eight years’ experience overseeing the cleanup of petroleum-contaminated sites.

The second, Bernice Mattsson, is a professional engineer who served since 2003 in the post to which Deschane was appointed.

Herrera and Mattsson didn’t get far in the process.

“Neither candidate was interviewed,” said agency spokesman Tony Hozeny.
____________________

Now there is Republican genius at work….hire the drop out.

WOW

April 7th, 2011
9:00 am

“The ability to subtract 5 from 3 and call it good for the economy…”

That’s exactly Obama’s thought! Hey, where did he get his degree in economics from? OHHHHHHHHHHHHHHH, that’s right he doesn’t have one in economics.

WOW

April 7th, 2011
9:01 am

“Now there is Republican genius at work….hire the drop out.”

Keep, why are you plagiarizing?

TaxPayer

April 7th, 2011
9:01 am

If Barack were to claim, as Republicans do, that his poop don’t stink, then I’d be worried. Same goes for body odor. I know mine stinks. How about you, WOW. Are you odor-free.

Keep Up the Good Fight!

April 7th, 2011
9:01 am

USinUK… you’re right. I have insulted clowns.

USinUK

April 7th, 2011
9:01 am

meanwhile … in more signs that the economy is recovering:

In another sign of improvement in the jobs market, initial jobless claims decreased 10,000 to a seasonally adjusted 382,000 in the week ended April 2, the Labor Department said in its weekly report. However, the prior week’s figures were revised up to 392,000 from an originally reported 388,000.

Economists surveyed by Dow Jones Newswires had forecast claims would fall by 3,000 in the latest week. The decrease was the seventh in 10 weeks.

http://online.wsj.com/article/SB10001424052748704013604576248322141440228.html?mod=e2tw

Soothsayer

April 7th, 2011
9:02 am

Wow! I guess Glenn Beck can set up his own witchdoctor practice now that Focked News cut him off. When you’re too nutty for Focked News, you’re really nutty.

jm

April 7th, 2011
9:02 am

Moderate Becky Quick on CNBC has signed up for the idea that the Fed’s dual mandate regarding full employment needs to be removed. I agree.

WOW

April 7th, 2011
9:02 am

“Why does that make you mad USinUK?”

Same reason observing how black people talk makes her mad. She’s just looking for something to get angry at.

Finn McCool

April 7th, 2011
9:02 am

What are the conservative arts?

Getting poor people to vote tax cuts for the wealthies people in the land.

Now that’s a dang art!

WOW

April 7th, 2011
9:03 am

“If Barack were to claim, as Republicans do, that his poop don’t stink, then I’d be worried. Same goes for body odor. I know mine stinks. How about you, WOW. Are you odor-free.”

LOLOL!!!!!!!

jm

April 7th, 2011
9:03 am

WOW 8:52 – beck is leaving FOX, FYI

WOW

April 7th, 2011
9:03 am

“Getting poor people to vote tax cuts for the wealthies people in the land.’

When did Obama become poor? I mean, he DID extend the tax cuts.

Oh, can you say WEALTH ENVY?

Normal

April 7th, 2011
9:03 am

I do believe that Scott Walker believes he can walk on water…I do hope he tries it…just sayin’

TaxPayer

April 7th, 2011
9:03 am

If assuming an unemployment rate of 2.8 percent is what Ryan and his Heritage Koch Club fellows learned in school, then Obama is clearly better off without that sort of education to fall back on when putting together his budget plans.

USinUK

April 7th, 2011
9:03 am

Fred – 8:58 – setting aside the fact that elephants are endangered, killing for sport is just dispicable

Bosch

April 7th, 2011
9:03 am

Go ahead, insult clowns – they are of the devil.

Hi USinUK! :-) (And Paul, Doggone and Keep!!)

jm

April 7th, 2011
9:04 am

Soothsayer, FOX didn’t cut of Beck. Instead, they’re going to repeatedly have him on as a commentator (for better or worse).

The guy has I guess decided he’d rather use the internet as his communications channel.

Bosch

April 7th, 2011
9:04 am

And Normal and Finn!! Sorry :(

WOW

April 7th, 2011
9:04 am

“beck is leaving FOX, FYI”

I know, but they act as if it’s bringing down FOX which it isn’t. Also, left wingers are OBSESSED with them.

USinUK

April 7th, 2011
9:04 am

jm – 9:03 – is he leaving – or is he being pushed? I heard he went a bridge too far by saying the Japanese earthquake and tsunami were god’s wrath …

Bosch

April 7th, 2011
9:05 am

And Tax and jm, oh hell, hi everyone!! I’ve been out of the loop the past week or so.

Jonas

April 7th, 2011
9:05 am

Burned in effigy? Stand for decibels and others show how shallow, immature, and pussified the far left has become. My assumption folks who spew such hatred are cowardly children who should focus on their nap time and snacks.

WOW

April 7th, 2011
9:05 am

“meanwhile … in more signs that the economy is recovering:”

The Bush tax cuts worked.

USinUK

April 7th, 2011
9:05 am

BOSCH!!!

I was wondering where you’ve been!! how’s tricks? how are starbuck and apollo?? aren’t they coming up to their first birthday in the Bosch household??

Southern Comfort (aka The Man)

April 7th, 2011
9:05 am

Conservative Arts. The ability to subtract 5 from 3 and call it good for the economy…

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
Now, thasssss funnnnyy!!!!!!!

WOW

April 7th, 2011
9:06 am

Jonas

EXACTLY!!!!!!!!! I’m still laughing over USUK’s insecurity about how some black people talk!

Fred

April 7th, 2011
9:06 am

Killing for sport? He killed an elephant that was destroying a villages food supply and the elephant added TO it’s food supply. The Africans aren’t allowed to eat?

USinUK

April 7th, 2011
9:06 am

“The stimulus worked.”

fixed yonder tacos

jm

April 7th, 2011
9:07 am

USinUK 9:04 – who knows for sure. But I heard he’s been building an internet media channel for months now. Given some of the guy’s crackpot thoughts, he may have decided he’d have more editorial license doing his own thing over the internet.

FOX is supposedly keeping him on as a contributor. Who knows, who cares. What is obvious however, is the media industry is changing incredibly rapidly right now.

WOW

April 7th, 2011
9:07 am

“I was wondering where you’ve been!! how’s tricks? how are starbuck and apollo?? aren’t they coming up to their first birthday in the Bosch household??”

Guess Bosch and UK never heard of Eharmony.

Bosch

April 7th, 2011
9:07 am

USinUK,

Yes, that’s where I’ve been — planning the pups 1st birthday party. We’ve got inflatables for the yard, obstacle courses, doggie cakes, and clowns for them to eat.

WOW

April 7th, 2011
9:07 am

“The stimulus worked.”

LOLOL!!!!!! I love left wingers and their denial.

Bosch

April 7th, 2011
9:08 am

I think conservative arts also includes classes on how to take two second sound bytes and turn them into ridiculous conspiracy theories.

WOW

April 7th, 2011
9:08 am

“I think conservative arts also includes classes on how to take two second sound bytes and turn them into ridiculous conspiracy theories.’

HALLIBURTON!!!!! BOO!!!!!!

TaxPayer

April 7th, 2011
9:09 am

Obama agreed to a temporary extension of tax cuts for the billionaires in order to get the “compassionate conservative Republicans” to agree to help folks in need of money to feed their children and keep a roof over their heads.

USinUK

April 7th, 2011
9:10 am

Fred – that’s his assertion AFTER the backlash –

but, of course, I’m sure he was also helping clothe the village by providing GoDaddy hats and t-shirts (which were featured in the pictures)

please.

WOW

April 7th, 2011
9:10 am

“Obama agreed to a temporary extension of tax cuts for the billionaires in order to get the “compassionate conservative Republicans” to agree to help folks in need of money to feed their children and keep a roof over their heads.”

Keep telling yourself that, Normal. Just like you told yourself that I stated that liberals don’t go to college.

USinUK

April 7th, 2011
9:10 am

Bosch – 9:07 – bouncy castle, too???

WOW

April 7th, 2011
9:10 am

USinUK

Do you used Godaddy for anything?

WOW

April 7th, 2011
9:11 am

“Do you used Godaddy for anything?”

Whoops, I meant USE.

Bosch

April 7th, 2011
9:12 am

USinUK,

Yes! Bouncy Castle too! And slides…and swings….and a ferris wheel…

TaxPayer

April 7th, 2011
9:12 am

The ability to subtract 5 from 3 and call it good for the economy…

Republicans even refer to that result as a positive thing. Math was not their thang in school.

WOW

April 7th, 2011
9:12 am

“Yes! Bouncy Castle too! And slides…and swings….and a ferris wheel…’

You could use all that money to help the poor, Bosch. Sad.

WOW

April 7th, 2011
9:13 am

“Math was not their thang in school.”

What was your major in college, Tax?

USinUK

April 7th, 2011
9:14 am

wow – 9:10 – what does that have to do with anything?

if I don’t buy Chinese products, am I not allowed to comment on their human rights record?

TaxPayer

April 7th, 2011
9:14 am

Poor WOW. He’s so confused. He doesn’t even know who’s posts he is commenting on.

ButtHead

April 7th, 2011
9:15 am

Funny how the idiots like Pelosi and Reid say the GOP has no plan, then when they give them a real plan to spend less than we take in they go ballistic. Everybody says we can’t continue to spend money we don’t have but the dimacrats block any plan to cut anything……Can they really be that stupid? I think I am going to call my creditors and tell them I am too busy spending my way out of debt to pay them…..Why not our government thinks they can….

TaxPayer

April 7th, 2011
9:15 am

What was your major in college, Tax?

What was yours, WOW?

WOW

April 7th, 2011
9:15 am

“if I don’t buy Chinese products, am I not allowed to comment on their human rights record?”

I just find it funny when people complain about stuff they don’t even use.

Finn McCool

April 7th, 2011
9:16 am

“meanwhile … in more signs that the economy is recovering:” The Bush tax cuts worked.

so, he gave out tax cuts for 8 years with nary a job created and the last half of those 8 years the economy was tanking. And now, three years after he left office, his tax cuts are finally working?

You know, 3+3 does not equal 7.

WOW

April 7th, 2011
9:17 am

TaxPayer @ 9:12: Math was not their thang in school.

My response @ 9:13 am: What was your major in college, Tax?

TaxPayer’s response @ 9:14 am: He’s so confused. He doesn’t even know who’s posts he is commenting on.

Guess TaxPayer can’t read.

WOW

April 7th, 2011
9:18 am

“What was yours, WOW?”

I stated mine weeks ago, Tax. Along where I went to school.

Again, what was your major?

Paul

April 7th, 2011
9:19 am

G’morning, Bosch!

“Clowns, too!”

I love it!

Keep Up the Good Fight!

April 7th, 2011
9:20 am

On March 1, the Senate voted unanimously to pass a bill drafted by Sen. Barbara Boxer (D-Calif.) that would prohibit salary payments to members of Congress and the president in the event of a shutdown. But the Housenever took up the Boxer bill.
____________________________

Wonder why the House never took it up.

Greetings and Salutations Bosch! Bouncey Castles?

Dave R.

April 7th, 2011
9:20 am

SoCo: “I think it’s more on the judge than anything.”

Nay, nay, SoCo. The judge was upholding the terms of the bargaining agreement that the UNION and state agreed upon. He followed a bad law, which is why public sector unions can be so bad.

WOW

April 7th, 2011
9:20 am

“so, he gave out tax cuts for 8 years with nary a job created and the last half of those 8 years the economy was tanking. And now, three years after he left office, his tax cuts are finally working?”

The unemployment rate was at 4.4% in 2006. It went up to 8% when he left office due to the housing crisis.

What’s the average unemployment rate under Obama? 9%.

If the tax cuts are so bad why did Obama extend them?

TaxPayer

April 7th, 2011
9:20 am

WOW,

Re: your first 9:17 post (just in case you whipped out another before I post this)

You might wish to check my 9:09 and your first 9:10 post.

md

April 7th, 2011
9:20 am

“The Africans aren’t allowed to eat?”"

Isn’t that what PETA is for?

People Eating Tasty Animals………..

Bosch

April 7th, 2011
9:20 am

Paul,

Clowns….for them to eat, mind you.

TaxPayer

April 7th, 2011
9:21 am

I stated mine weeks ago, Tax. Along where I went to school.

Again, what was your major?

What was yours, WOW.

jm

April 7th, 2011
9:21 am

I think WOW’s all hopped up on Mountain Dew this morning. :)

stands for decibels

April 7th, 2011
9:23 am

The unemployment rate was at 4.4% in 2006. It went up to 8% when he left office due to the housing crisis.

What’s the average unemployment rate under Obama? 9%.

another guy who can’t seem to comprehend the cumulative effect of job losses, and the number of monthly jobs that need to be added to budge the number back down.

That’s ok–I’ve tried to explain it to Lil’ Bitter ‘Bagger and he doesn’t get it either.

/drive-by

Dave R.

April 7th, 2011
9:23 am

AmVet, re: your 6:40 response?

219 words and you didn’t even answer my questions. Just went off on a rant. Pre-coffee perhaps? ;)