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Thread: Economy shrinks for first time in 3 1/2 years[W: 395]

  1. #71
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Fisher View Post
    That is simple--Corporate Welfare is a government contract that someone other than me got.
    Jealousy is a serious problem on the part of far too many. Wouldn't it be great having a smaller central govt. whose power wasn't great enough to create this kind of atmosphere.

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Money hoarding isn't the problem you seem to think it is and have offered no proof of the numbers involved or the impact in our 15 trillion dollar economy.
    I assume you already understand how and why it's a problem since you oppose tax increases for the same people I'm discussing.

    I grew up in an upper lower class home and learned the value of hard work and personal responsibility. I went to public schools and got a college degree. Started out in the corporate world making $750 a month, worked hard, envied and learned from people doing better, emulated their efforts and benefited.
    Well done. You certainly took advantage of the fewer opportunities that you would have had in that situation as compared to, say, someone who grew up in upper middle or upper class who would need to put in a third of the effort as someone from the lower class would have to to achieve the same level of success.

    I never cared what someone else made and always celebrated success, never demonizing it. I never placed blame on someone else for poor choices I made. I always operated on the belief that I had a one year contract with my company and was looking for a job when I found the one I had for 35 years. I took control of my life and as a result benefited greatly.
    Pointing ut the reality of the situation =/= demonizing. The facts are the facts. There's no emotional connection to them. Money hoarding damages the economy because it removes money from circulation.

    That's not a value statement, it's a factual one. I'm not discussing increased profits and wages for the highest earners, I'm discussing that coupled with a lack of increases, and even decreases, at the "ground" level. That combination is the formula which hurts the economy, as that combination is what constitutes money hoarding among the few.
    Tucker Case - Tard magnet.

  3. #73
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Jealousy is a serious problem on the part of far too many. Wouldn't it be great having a smaller central govt. whose power wasn't great enough to create this kind of atmosphere.
    It would be great to have more proactive state governments but it is a chicken-egg argument as to why we do not at this point in time.

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Tucker Case View Post
    I miss college.
    Hope and Strange--I mean Change; Hope and Change......honest

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    Re: GDP Shows Surprise Drop for U.S. in Fourth Quarter

    Quote Originally Posted by iguanaman View Post
    Welcome to the reality of spending cuts. They reduce GDP and can easily send us back into recession. This is news to you?
    So roughly 390 billion( 2.6% of 15 trillion ) is what we lost between government spending reductions and inventory? Other thread indicated that government spending reduction was 40 billion in 4th quarter, so that would mean that government spending cuts only attributed 10% of that 2.6 percentage reduction.

    Or is my starting number incorrect?

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Tucker Case View Post
    Pointing ut the reality of the situation =/= demonizing. The facts are the facts. There's no emotional connection to them. Money hoarding damages the economy because it removes money from circulation.

    That's not a value statement, it's a factual one. I'm not discussing increased profits and wages for the highest earners, I'm discussing that coupled with a lack of increases, and even decreases, at the "ground" level. That combination is the formula which hurts the economy, as that combination is what constitutes money hoarding among the few.
    They aren't obligated to take stupid risks

    It's Government Spending that is hurting the Economy. Not savings.

  7. #77
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    Re: Economy shrinks for first time in 3 1/2 years

    Tucker Case;1061407961]I assume you already understand how and why it's a problem since you oppose tax increases for the same people I'm discussing.
    I oppose all tax increases until the size of the govt is shrunk to the level I have proposed and see no benefit in taking money from the consumer to give to the bloated bureaucrats who waste it and spend it in the name of compassion never generating compassionate results.


    Well done. You certainly took advantage of the fewer opportunities that you would have had in that situation as compared to, say, someone who grew up in upper middle or upper class who would need to put in a third of the effort as someone from the lower class would have to to achieve the same level of success.
    I strongly believe you make your own opportunities and will never do it by whining about corporate profits, what someone else makes or pays in taxes, or being jealous of what someone else has.


    Pointing ut the reality of the situation =/= demonizing. The facts are the facts. There's no emotional connection to them. Money hoarding damages the economy because it removes money from circulation.
    Until you put it in perspective and define the effects on the economy and others that is whining IMO. Unless someone puts that money in the ground in their backyard regardless of where it goes it helps someone.

    That's not a value statement, it's a factual one. I'm not discussing increased profits and wages for the highest earners, I'm discussing that coupled with a lack of increases, and even decreases, at the "ground" level. That combination is the formula which hurts the economy, as that combination is what constitutes money hoarding among the few.
    I find it quite interesting that many here who have never invested a dime of their own money in a business, had to meet the demands of the Federal, state, and local governments, met a monthly payroll are such experts on the personal finances of others and what is a liveable wage. Amazing what a little initiative and drive can do to ones personal income. Rather than blaming someone else for their own plight in life do something about it, take the education you received from school and the company you work for and put it to better more profitable use.

    This govt. we have today is going to penalize individual wealth creation and demonize private business so good luck doing that.

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Fisher View Post
    It would be great to have more proactive state governments but it is a chicken-egg argument as to why we do not at this point in time.
    Thank the Lord I live in TX, best move of my life in 1992

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by tessaesque View Post
    We didn't cut spending OR raise taxes in the 4th quarter of 2012.
    Huh? Only the largest defense spending cut in 40 years along with export declines to our struggling "austerity" crippled trading partners in Europe
    GDP Shows Surprise Drop for US in Fourth Quarter

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Your opinion noted, but obviously you have no understanding of our free market economy and the components of tha teconomy

    In this country there are 23 million unemployed/under employed/discouraged workers and that is the new normal here.

    Name for me one successful socialist country with low unemployment, high economic growth, and no debt?

    Doubt seriously that you have any clue as to how a private sector economy works or really what is going on with yours.

    Pelosi says this is what a recovery looks like.....LOL LOL LOL...

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