The Economy Is Headed In the Right Direction-Go Pres. Obama!!
Feb 14, 2015 06:40:51 #
Antisocialist
Loc: Florida
If that 260,000 average number per month over the last year is true, that is indeed good news.
Economists have also indicated that an average of 250,000 jobs per month would need to be created just to keep up with the new, and only new, interest (only) payments Obama is adding monthly to our National Debt.
So the first 250,000 new workers can cover the new (and only new) interest payments on the new (and only new) National Debt. That means the US Treasury can use the tax revenues from the extra 10,000 new workers a month for other purposes, at least for now. When interest rates hit 4%, the US will need to create 500,000 jobs a month just to cover the interest (only) payments on the debt Obama (and only Obama) has racked up.
KKK, you appear to have eaten a few dictionaries along the way but must have passed on anything involving mathematics.
Economists have also indicated that an average of 250,000 jobs per month would need to be created just to keep up with the new, and only new, interest (only) payments Obama is adding monthly to our National Debt.
So the first 250,000 new workers can cover the new (and only new) interest payments on the new (and only new) National Debt. That means the US Treasury can use the tax revenues from the extra 10,000 new workers a month for other purposes, at least for now. When interest rates hit 4%, the US will need to create 500,000 jobs a month just to cover the interest (only) payments on the debt Obama (and only Obama) has racked up.
KKK, you appear to have eaten a few dictionaries along the way but must have passed on anything involving mathematics.
Feb 14, 2015 08:28:11 #
J Anthony
Loc: Connecticut
knightrider wrote:
The $800 billion stimulus plan passed in 2009 br ... (show quote)
Feb 14, 2015 08:35:20 #
J Anthony
Loc: Connecticut
@knightrider
"Fact #4" on your list is not a fact. The Fed is not a government-bank, though we are meant to believe it is, it is privately-owned and controlled by a multinational banking cartel. And until we do something about it, iit will never go insolvent but will continue to bankrupt the public treasury, because the Fed creates the currency and "lends" it to the rest of us at criminally usurious interest rates. This is the crux of the problem.
"Fact #4" on your list is not a fact. The Fed is not a government-bank, though we are meant to believe it is, it is privately-owned and controlled by a multinational banking cartel. And until we do something about it, iit will never go insolvent but will continue to bankrupt the public treasury, because the Fed creates the currency and "lends" it to the rest of us at criminally usurious interest rates. This is the crux of the problem.
Feb 15, 2015 12:05:32 #
J Anthony wrote:
@knightrider
"Fact #4" on your list is not a fact. The Fed is not a government-bank, though we are meant to believe it is, it is privately-owned and controlled by a multinational banking cartel. And until we do something about it, iit will never go insolvent but will continue to bankrupt the public treasury, because the Fed creates the currency and "lends" it to the rest of us at criminally usurious interest rates. This is the crux of the problem.
"Fact #4" on your list is not a fact. The Fed is not a government-bank, though we are meant to believe it is, it is privately-owned and controlled by a multinational banking cartel. And until we do something about it, iit will never go insolvent but will continue to bankrupt the public treasury, because the Fed creates the currency and "lends" it to the rest of us at criminally usurious interest rates. This is the crux of the problem.
We can't and will not do anything about it since most of us do not know who the two country's we fought in WWII.... A product of our democrat controlled school system.
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