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Thread: Horror for US Economy as Data Falls off Cliff

  1. #21
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    Re: Horror for US Economy as Data Falls off Cliff

    "Change is coming to America"! Has anyone seen "good" change yet?
    It's nothing more than X's and O's.

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    Re: Horror for US Economy as Data Falls off Cliff

    Growth is slowing in all area's of the globe as stimulus (economic life support) continues to vanish. Now, it becomes a matter of, "is the private sector capable of growing without stimulus?"
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by zimmer View Post
    Let's spend even more. Raise taxes. Create more regulations and burdens!

    Yes We Can!
    Yeah, Boehner's out there spanking the President pretty good.

    What happened to the historic, decisive victory the Republicans won in 2010? Why haven't they fixed everything yet?

    They control half the government, so how come they get to lay all the blame at Obama's feet?
    Last edited by TacticalEvilDan; 06-02-11 at 03:18 PM.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by TacticalEvilDan View Post
    Yeah, Boehner's out there spanking the President pretty good.

    What happened to the historic, decisive victory the Republicans won in 2010? Why haven't they fixed everything yet?

    They control half the government, so how come they get to lay all the blame at Obama's feet?
    I can't tell if you are being sarcastic or really are wondering why the GOP hasn't done more...
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Horror for US Economy as Data Falls off Cliff

    Sarcastic.

    That post was all for Zimmer, because of some of the things he said in the past.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

  6. #26
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by empireofreason View Post
    Many figures dropping is actually a good thing, because if they didn't consumption would be raising the debt even more. It's cheaper to put people on government checks vs. keeping them in full time jobs or letting them fall into a criminal dilemma with no benefits. The effect is a reduction if consumption and a lowered debt. Welfare is our friend right now. If you get too stingy, and both refuse welfare and full time work, you will create a criminal which is far more expensive than either.

    We must face that all these figures must drop until things get balanced. The only other alternative is to increase our international exports (not inter-state) to a level that keeps up with our debt and that is not going to happen any time soon. Things have gotten too far behind at this point and we are left with the only solution: downsizing everything while maintaining sustainability for everyone so they can get back to work once called.
    I fail to see how fewer new jobs, lower home prices, higher gas prices, higher food prices and keeping more people on the government doles is a good thing.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

  7. #27
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    Re: Horror for US Economy as Data Falls off Cliff

    today: new jobless claims top 400,000, "the level analysts normally associate with steady job growth," for 8th straight week

    News Headlines

    housing---double dip declared two months ago and declining steeply in may

    gas---very hi, almost sure to climb in summer, driver of inflation in general, killer of consumer confidence which yesterday hit a 6 month lower than low

    jobless claims up significantly 8 straight weeks, hiring down, layoffs up (especially public sector)

    corporate profits down to .9%

    auto sales off in may

    gdp a depressing 1.8%

    all in the last week and a half

    barack the slasher's economic record

    seeya at the polls, progressives

    qe, anyone?

  8. #28
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    Re: Horror for US Economy as Data Falls off Cliff

    So wait Mr.V, you're claiming that the EPA, Obamacare and a progressive tax system are the reason for the economy being crap?

    The EPA business and the Obamacare nonsense sounds like typical talking points without any facts to back them up, but the Tax system actually has a whole bunch to show that firstly, taxing the lower/middleclass heavily stunts consumerism which in turn kills jobs (basic supply and demand principle) whereas taxing the rich helps stunt the intensity and regularity of the boom/bust cycle (just look at one of our most prosperous and stable times economically, the 1950s, when the top of the tax bracket had to pay close to 90% income tax).

    Basically, what you want is to try to speed up the Boom/Bust cycle, apparently forgetting that for every boom that occurs that quickly, it will not be able to continue to expand and then the bust will hurt.
    “The more you know, the harder it is to take decisive action. Once you become informed, you start seeing complexities and shades of gray. You realize that nothing is as clear and simple as it first appears. Ultimately, knowledge is paralyzing.” - Bill Watterson
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by PeteEU View Post
    LOL

    Lets see...

    Bush, who only got into schools because of his name, only avoided going to Vietnam because of his connections and managed to bankrupt several businesses before he turned his eye on politics... and bankrupted the US with his policies.. Yea your problem is clearly Obama.....
    Well seeing how Bush's and Obama's solutions aren't terribly different....yes. The main purpose of the measures was not to drive all of us into a better economic environment. It was made to protect the banks and hedge funders and the aristocracy from their mistakes. They took our money and gave it to them for bailouts, they isolated their burden from it. Meanwhile, the rest of us are still left in a broken economy trying to get jobs and work so we can live; but the measures taken in this recession were not made for those means and it is very clear that it wasn't. Neither Bush nor Obama served the people with their recovery plans.
    You know the time is right to take control, we gotta take offense against the status quo

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  10. #30
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    Re: Horror for US Economy as Data Falls off Cliff

    Quote Originally Posted by ksu_aviator View Post
    I fail to see how fewer new jobs, lower home prices, higher gas prices, higher food prices and keeping more people on the government doles is a good thing.
    Ever read "Brave New World" Sit back, relax - have a soma or two, sing a hymn to the government and all will be well.

    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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