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Thread: Census shows 1 in 2 people are poor or low-income

  1. #101
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Much of it is the government monetary policy.
    credible cite please!

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by EarlzP View Post
    Lets be fair the prices at the grocery store are being pushed up by greedy Wall Street speculators, remember the truth will set us free
    The cost of food is rising. It's the speculators!

    The cost of energy is rising. It's the speculators!

    We're past peak oil. It's the speculators!

    We're running out of oil. It's the speculators!

    We're out of oil. It's the speculators!

    It's not really the speculators. It's one man.

    Emmanuel Goldstein.
    Last edited by Neomalthusian; 12-16-11 at 02:28 AM.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Neomalthusian View Post
    The cost of food is rising. It's the speculators!

    The cost of energy is rising. It's the speculators!

    We're past peak oil. It's the speculators!

    We're running out of oil. It's the speculators!

    We're out of oil. It's the speculators!
    In fairness, 3 of those were the same things. And market speculation is a clear force. If everyone is buying put options on a particular commodity, what confidence would you have in it for the price to rise?
    Ted Cruz is the dumbest person alive.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Nothing within supports your assertion.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by whysoserious View Post
    In fairness, 3 of those were the same things. And market speculation is a clear force. If everyone is buying put options on a particular commodity, what confidence would you have in it for the price to rise?
    It's a matter of timelines. Over the short term you might be able to make a case as to why something is more expensive now than it was before. But with energy (and hence everything intimately tied to it), the general trend is certain. We'll never return to prices we saw 10 years ago. Ever ever again. And why is that, really? Is it because of speculators? Inflation?

    At some point one needs to return to consideration of supply v. demand of finite resources, rather than resort to blaming speculation or inflation.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Neomalthusian View Post
    It's a matter of timelines. Over the short term you might be able to make a case as to why something is more expensive now than it was before. But with energy (and hence everything intimately tied to it), the general trend is certain. We'll never return to prices we saw 10 years ago. Ever ever again. And why is that, really? Is it because of speculators? Inflation?

    At some point one needs to return to consideration of supply v. demand of finite resources, rather than resort to blaming speculation or inflation.

    plus I think we are all agreed on peak oil! If the US had masses of oil fields they would not be offshore drilling or even talking about oil sands.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Neomalthusian View Post
    It's a matter of timelines. Over the short term you might be able to make a case as to why something is more expensive now than it was before. But with energy (and hence everything intimately tied to it), the general trend is certain. We'll never return to prices we saw 10 years ago. Ever ever again. And why is that, really? Is it because of speculators? Inflation?

    At some point one needs to return to consideration of supply v. demand of finite resources, rather than resort to blaming speculation or inflation.
    Why do you think energy (specifically the price of a barrel of oil) fluctuates so wildly even when supply is consistent? It's the only explanation I have been given so far that makes good sense, but I am always open to others.
    Ted Cruz is the dumbest person alive.

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    Re: Census shows 1 in 2 people are poor or low-income

    Any oil that's drilled out of our country isn't going to be our oil anyway, as multi-national owned companies drill and the oil just all goes into the international pot. Our oil resources are not nationalized.

    What is the real unemployment figure supposed to be (counting all the people who aren't getting unemployment any longer)?
    "The measure off intelligence is the ability to change." Albert Einstein

  9. #109
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by rosie1 View Post
    What is the real unemployment figure supposed to be (counting all the people who aren't getting unemployment any longer)?
    Impossible to know with any accuracy. There could be multiple reasons why a person isn't on unemployment any more. Could be that they got a job right after unemployment ran out, could be they started up thier own buisness, could be anything. It's not kept track of because of those things and more.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Lachean View Post
    Whenever I hear about poverty in America this video comes to mind:
    Funny Lachean, whenever I hear about poverty in America, I also think about condescending ****s lying with stats to make you look like an asshole when you don't revel in your poverty.

    "The average third world country is rife with true starvation, therefore you're a whiney little bitch to complain about high fat, high sugar, high salt malnutrition."

    "Consumer goods are dirt cheap because we've been exporting manufacturing jobs to China, so stop complaining that you can't find a manufacturing job."

    "Most people manage to retain some of those low-resale consumer goods when they fall from middle class, therefore poverty doesn't suck and you're an ungrateful **** for saying we need social safety nets."

    "America has a lower population density than Europe, therefore you've no right to complain about housing costs."


    What he says isn't completely devoid of merit, but the mother****er is looking at a waterfall and trying to spin it as something other than water flowing downhill by focusing on the mist and spray it kicks up.

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