Page 10 of 21 FirstFirst ... 8910111220 ... LastLast
Results 91 to 100 of 202

Thread: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, negativ

  1. #91
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    [QUOTE]
    Quote Originally Posted by Hare View Post
    His policies have zero correlation to the DOW's success, you implied earlier that debt is somehow discouraging investment, and pointed to walker's win and the corresponding jump in stock prices as proof of such phenomenon.
    Yes, I did and there is a connection. But it should be obvious that there is more to the US economy than just the stock market. When businesses start hiring and people start buying then we know that there is a possible turnaround. That was just a signal and, as I mentioned, a hope.

    To make the connection between increasing deficits and a lack of investment and growth in general, you would be forced to ignore multiple historical time periods that emphatically refute this belief.
    It would be difficult to find a historical correlation because no country has ever been $16 trillion in debt before, with added debts payable to a longer living baby boom generation who will be collecting money from the government rather than paying into it. If you can find a historical equivalence to this mess, then lets hear it.

  2. #92
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    Trust me. I do not think it positve either. However, the world is begging for a place to put its money, not because the depository is the lesser of evils, but rather because they have their crap together.
    Absolutely. And if the American people can demonstrate that they are serious about getting their financial house in order than the US will draw money like a magnet. In fact all of North America, and Mexico and Central America in fact, will boom as a result. Money is impatient to go somewhere and where better than a responsible United States, and Canada.

    I have confidence that the American people will do the right thing in November.

  3. #93
    #NeverTrump
    a351's Avatar
    Join Date
    Oct 2011
    Location
    Space Coast
    Last Seen
    09-09-17 @ 08:54 AM
    Gender
    Lean
    Centrist
    Posts
    6,902

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    [QUOTE=Grant;1060578512]

    Yes, I did and there is a connection. But it should be obvious that there is more to the US economy than just the stock market. When businesses start hiring and people start buying then we know that there is a possible turnaround. That was just a signal and, as I mentioned, a hope.



    It would be difficult to find a historical correlation because no country has ever been $16 trillion in debt before, with added debts payable to a longer living baby boom generation who will be collecting money from the government rather than paying into it. If you can find a historical equivalence to this mess, then lets hear it.
    You claimed that debt discourages hiring, I cited Reagan's tenure as a rebuttal which you conveniently ignored. You then proceeded to embark on a wild tangent about how Walker's win signified a movement to counter the accumulation of debt, and the corresponding rise in stock prices to try to portray debt as a killer of investment all while simultaneously ignoring the DOW's success over the past 3 years despite large amounts of compiling debt. You're simply incorrect in this instance.

    Of course you won't find a time period in which we can find comparable nominal figures as far as total debt is concerned, but we've experienced debt accumulation at around the same percentage (during the 80's) and as a percentage of gdp (40's and 50's), while the economy as a whole simultaneously grew at a healthy pace. Of course the latest crisis is unique unto itself, so you may be correct in stating that there isn't a specific situation to cite as an accurate comparison.

  4. #94
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    ROFLMAO ... I went to the numbers in your study. You apparently assumed something in a quote of it referenced something that it did not. Maybe you made it up. I don't know. Its not in your study is what I do know.
    This is hysterical! The numbers in the study I posted aren't expected for two more years. Yet here you are, applying them to today's unemployment. I can't help you are incapable of comprehending the inherent stupidity in applying non-existent numbers to today's actual numbers.




    Quote Originally Posted by Eighty Deuce View Post

    Here is what your study said. I'll type large for you, as I realize there are issues there.

    The impact on retiring baby boomers on the LFPR from 2004, through 2014, is a reduction of the rate by 0.4%. It has actually gone down by about 2.4% already, and we are not even yet to 2014. That's about 17%. Not 50%.

    You are correct though. Some posters are low-hanging fruit. Just not the ones they think
    I've already addressed that, so who knows why you're repeating it? Again, it's lower than expected because of the recession and since after (employment is a lagging indicator) the recession ended, approximately half of the decline is due to retiring baby boomers.

  5. #95
    Sage
    poweRob's Avatar
    Join Date
    Sep 2011
    Last Seen
    Yesterday @ 11:41 AM
    Gender
    Lean
    Progressive
    Posts
    35,099

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Eighty Deuce View Post
    No. But things are so bad in Europe, money is coming here that would otherwise not. Our only current saving grace, when we suck like we do, is that Europe sucks worse.
    Well then... thank YOUUUUUU European austerity!
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  6. #96
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Hare View Post
    You claimed that debt discourages hiring, I cited Reagan's tenure as a rebuttal which you conveniently ignored.
    I ignored it because it is not relevant to today.
    You then proceeded to embark on a wild tangent about how Walker's win signified a movement to counter the accumulation of debt, and the corresponding rise in stock prices to try to portray debt as a killer of investment all while simultaneously ignoring the DOW's success over the past 3 years despite large amounts of compiling debt.
    Use quotes rather than tangents.
    You're simply incorrect in this instance.
    And if you continue to interpret what I say according to your own temperament rather than my own words then I'll probably continue to be incorrect.

    Of course you won't find a time period in which we can find comparable nominal figures as far as total debt is concerned, but we've experienced debt accumulation at around the same percentage (during the 80's) and as a percentage of gdp (40's and 50's), while the economy as a whole simultaneously grew at a healthy pace. Of course the latest crisis is unique unto itself, so you may be correct in stating that there isn't a specific situation to cite as an accurate comparison.
    There weren't the entitlement packages then that there are now which does indeed make it unique. Unless the American people get their financial house in order there will be truly serious consequences.

    As it is now there will still be riots in the streets, more property damage into the many millions and probably a few deaths until some order is restored. The next decade will be difficult, no matter who is in power. But it is better to act now rather then have it forced upon you later. Just look at Europe. America still has a chance and should take it.

  7. #97
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    With record breaking profits how can one say the private sector is doing bad?

  8. #98
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by j-mac View Post
    The DOW is propped up artificially right now due to bailouts, corporate austerity measures, and Fed meddling.

    Ask the Euro Zone how debt is effecting them right now.


    j-mac
    What bailouts? The bailouts ended 1 ago. But at least you acknowledge Obama's policies helped boost the Dow.

  9. #99
    Banned
    Join Date
    Nov 2010
    Last Seen
    12-29-15 @ 10:42 PM
    Gender
    Lean
    Conservative
    Posts
    3,747

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by poweRob View Post
    Well then... thank YOUUUUUU European austerity!
    It was European excesses. But then, I wasn't expecting much.

  10. #100
    Banned
    Join Date
    Nov 2010
    Last Seen
    12-29-15 @ 10:42 PM
    Gender
    Lean
    Conservative
    Posts
    3,747

    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by winston53660 View Post
    With record breaking profits how can one say the private sector is doing bad?
    Record profits for the large multi-national companies accounts for less than 20% of the private sector.

    If liberals would get out of Mom's basement, you might look around and get a better idea of things.

Page 10 of 21 FirstFirst ... 8910111220 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •