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

  1. #81
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Bronson View Post
    They aren't obligated to take stupid risks
    Of course not. But nobody has tried to imply that they are.

    It's Government Spending that is hurting the Economy. Not savings.
    I don't believe anyone has mentioned savings until you did. I know I didn't.
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Thank the Lord I live in TX, best move of my life in 1992
    Isn't Texas great. Born and raised in this great State.

    If a shrinking economy is a "recovery" then what do we call whats happening in Texas right now ?

    Improvment minus the liberal lies.
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  3. #83
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Sorry, but in a 15 trillion dollar economy I don't see money hoarding by anyone in the top 1% a serious problem if such hoarding exists. All I do see are millions of Americans buying the big govt. philosophy and attacks on individual wealth creation. That really is nothing more than a diversion away from accepting personal responsibility for one's own poor choices.

    Unlike many here I understand that raising taxes affects economic growth and that a negative growth impacts not only personal income but also govt. revenue and that adds to the deficit that 51% of the income tax paying income earners are funding.

    Until the people of this country demand that the Federal Govt. stop spending 3.8 trillion dollars a year, puts some fiscal responsibility back into our economy and forces people to accept personal responsibility for their poor choices this country is headed into a death spiral. By they way the last Reagan budget was 1 trillion dollars. Now inflation didn't increase that four times, Obamabots helped in that process.

    I have been told in this forum that I really am not that smart so that being the case if I can be successful and I was, then all those other brilliant people here whining about how much someone else makes or pays in taxes and how evil corporations are shouldn't have any problem doing better than I did.
    and thus shows your lack of basic understanding of economics.....tucker explained things very well to you, yet you fail to comprehend.....bully for you, you say you did well for yourself, congrats, but it holds no bearing on the conversation.

  4. #84
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by iguanaman View Post
    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
    Government Spending overall didn't decrease during the 4th of last year. It increased. Try again.

    http://www.fms.treas.gov/mts/mts.pdf

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

    Quote Originally Posted by Tucker Case View Post
    Of course not. But nobody has tried to imply that they are.

    I don't believe anyone has mentioned savings until you did. I know I didn't.
    Oh I'm sorry, you called it "money hoarding"

    My bad

    Quote Originally Posted by randel View Post
    and thus shows your lack of basic understanding of economics.....tucker explained things very well to you, yet you fail to comprehend.....bully for you, you say you did well for yourself, congrats, but it holds no bearing on the conversation.
    Tucker hasn't explained anything actually

  6. #86
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Fenton View Post
    Isn't Texas great. Born and raised in this great State.

    If a shrinking economy is a “recovery" then what do we call whats happening in Texas right now ?
    An oil & gas economy, which is inherently counter-cyclical.

  7. #87
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    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.
    So if they cut spending, you'd support tax increases?

    I strongly believe you make your own opportunities....
    That's just not true, though. Wealthy people are granted many opportunities that others have to struggle to even have a chance to receive. A kid who comes from a family with an income of $1,000,000 per year will not have to work as hard as a kid from a family that earns $40,000 annually. That's just reality in a world where things need to be paid for.



    Until you put it in perspective and define the effects on the economy and others that is whining IMO.
    I guess if you abuse the English language with blatant disregard like that it's "whining".

    Unless someone puts that money in the ground in their backyard regardless of where it goes it helps someone.
    What if it's invested in a Chinese company? Does that help the US economy? What if it is put a Swiss Bank account (the financial equivilant of burying it in your backyard)?




    I find it quite interesting that many here who have never invested a dime of their own money in a business
    What are you talking about? I ran a construction business for years. Did you make something up in your head and convince yourself it was true?
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  8. #88
    Matthew 16:3

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

    Quote Originally Posted by Bronson View Post
    Oh I'm sorry, you called it "money hoarding"
    I called something that wasn't "saving" money hoarding. When you make **** up and try to argue against teh imaginary thing that you made up, you only make the world around you a dumber place to be.


    Tucker hasn't explained anything actually
    Correction: you haven't understood that which was explained. Probably because you have an imaginary idea of what I am saying which bears no resemblance whatsoever to that which I have been saying.
    Tucker Case - Tard magnet.

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

    Quote Originally Posted by randel View Post
    and thus shows your lack of basic understanding of economics.....tucker explained things very well to you, yet you fail to comprehend.....bully for you, you say you did well for yourself, congrats, but it holds no bearing on the conversation.
    So the massive Govt defecit spending along with a drop in GDP is a good thing ?

    Can someone who understands "ECONOMICS" please explain "ECONOMICS" to me that would make sense of the ECONOMIC principles that justify a shrinking economy in response to a massive expanding debt ?
    The New Democratic Party Slogan :

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

    Quote Originally Posted by Fenton View Post
    Improvment minus the liberal lies.
    I disagree. Saying the liberals are lying is giving them too much credit for knowing their heads from their asses and that they could actually see reality enough to lie about it.
    Only a fool measures equality by results and not opportunities.

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