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Thread: Employers add no net jobs in Aug.; rate unchanged

  1. #1251
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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by 1Perry View Post

    Of course. He was no longer a threat though. It was a revenge killing. As I stated, something I can't do.
    Umm, you can legally kill someone if they are a mortal threat to you; the same way the state can legally execute a murderer as they are a threat to society.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    A surplus needs to fund the SS IOU's so we don't have to print or borrow more money. If that is the case you are going to see massive inflation hurting SS recipients as the value of their checks will be much less.
    Inflation is entirely and everywhere a monetary phenomenon. Since the government does not create dollars, what on earth are you talking about?
    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: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Goldenboy219 View Post
    Interesting coming from someone who does not understand the macro economy, finance, monetary policy, statistical (econometric) analysis is saying someone will not admit they are wrong?

    Yep, Goldenboy(appropriate alias based upon your posts) I have been a total and complete failure, you have me figured out. Your intelligence is second only to your arrogance.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Goldenboy219 View Post
    Inflation is entirely and everywhere a monetary phenomenon. Since the government does not create dollars, what on earth are you talking about?
    I would have thought that someone as brilliant as you would understand how borrowing and printing money affects inflation. Maybe I gave you too much credit talking about how intelligent you are.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Also, if the budget is balanced, and debt is eliminated, what does the SS trust fund invest their surplus in? I'll give you a hint, what do the Chinese do with their surplus?
    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: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    Still cannot admit that you are wrong, I gave you the official SS site and that isn't good enough for you. I gave you the budget of the United States line item income and expenses and that is not good enough for you. You simply don't understand what you are even posting and you certainly don't understand that SS is not in a trust fund and hasn't been since the 60's. Your Wikipedia doesn't say what you claim it says and you totally ignore SS's own site that says that SS is on budget. This is a waste of time as you are too brainwashed to deal with.
    Talking to you is a total waste of time because you have an agenda that is focused on sending SS deductions to Wall Street, good luck with it,hey why don't you make a sign " SS is a Ponzi Scheme" and go see how it works for you on a street corner in middle america

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    I would have thought that someone as brilliant as you would understand how borrowing and printing money affects inflation. Maybe I gave you too much credit talking about how intelligent you are.
    The M1 money multiplier is below 1, and the interest paid on the national debt is at record lows. Barring exogenous supply shocks which effect inflationary expectations, we will not have ANY real output growth until we see some steady inflation in the tune of 2%-4%.
    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: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Goldenboy219 View Post
    Also, if the budget is balanced, and debt is eliminated, what does the SS trust fund invest their surplus in? I'll give you a hint, what do the Chinese do with their surplus?
    There is no balanced budget, massive debt thus nothing to worry about at this point however should it happen this would be a great country to invest in. Hell, maybe our credit rating might even get back to AAA but what do I know. You are the brilliant one here.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Goldenboy219 View Post
    The M1 money multiplier is below 1, and the interest paid on the national debt is at record lows. Barring exogenous supply shocks which effect inflationary expectations, we will not have ANY real output growth until we see some steady inflation in the tune of 2%-4%.
    You must live one boring life with your nose stuck in a book all day long. I don't see a lot of street smarts, logic, or common sense in anything you post but I do see a lot of stats. Maybe you should get out and put some faces on those stats you throw around.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    There is no balanced budget, massive debt thus nothing to worry about at this point however should it happen this would be a great country to invest in. Hell, maybe our credit rating might even get back to AAA but what do I know. You are the brilliant one here.
    I never said there was (it was hypothetical), so could you please behave like a normal person engaging in a conversation and actually address a single question i pose to you.
    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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