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Thread: Consumer confidence strongest in over five years in May

  1. #81
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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    And just what are the American people "sacrificing" by enjoying a better economy than they have had in years?
    Do you want us all to stay like frightened sheep so you can further the aim to cut the heart out of the "social contract".
    No thanks.
    Frightened sheep? Come on now.

    Welfare, food stamps, Medicaid/Medicare, unemployment funds, Social Security.

    Virtually every American is guaranteed a FAR higher standard of living then billions of other human beings by simply sitting on their FAT, American asses.

    Obesity statistics - Countries Compared - NationMaster

    Maybe you should visit some truly poor countries and complain to them how obese Americans have it so rough and are 'frightened sheep'.



    I want them (and the country/government) to simply live within their means.

    The only way to get long term financial stability is by the economy running with a minimum of government/Fed assistance (other then emergency social assistance).


    Plus, imo, this massive government stimulation will mean economic stagnation, followed by a fairly short term, debt-fueled boom followed by a VERY large economic bust worse then in 2008.

    We will see who was right.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    So we could put a damper on spending? You tax things you want less of.
    Not everything is a sin tax. Consumption will not stop. My state has a sales tax, we still buy goods. My state also has a income tax...I still work.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    And you would rather declare the patient dead and pull the plug? Part of good governing is keeping the economy out of recession. Something that Republicans have failed at miserably every time they have been in charge.
    Piling on mountains of debt to simply postpone the inevitable is only going to make things monumentally worse in the end, especially for the middle class.

    The piper must be paid sooner or later, no longer how long you make him play.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Blue_State View Post
    Not everything is a sin tax. Consumption will not stop. My state has a sales tax, we still buy goods. My state also has a income tax...I still work.
    Regressive taxes slow economic growth and hurt the middle class. Taxing consumption in a consumer economy is self defeating. Taxing income NOT spent at a higher rate is key to higher GDP's and faster growth. The lower our top rate goes the slower we grow.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The idea that anyone outside the dumbasses at the IRS would ever plan or approve such a lame and harmless "plot" at the risk of losing so much if exposed is laughable.
    Those groups didn't even need to apply for the exemption at all, it isn't even a requirement for claiming it. It is just another insult to Obama's intelligence to say he was somehow involved.
    No, I think it is politics. To me it looks just like blaming GW Bush for things that happened after he left office. It happens on both sides. Politics is truly humanity at its worst.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    And just what are the American people "sacrificing" by enjoying a better economy than they have had in years?
    Do you want us all to stay like frightened sheep so you can further the aim to cut the heart out of the "social contract".
    No thanks.
    I don't know what the "social contract" is but what we are sacrificing is our future financial stability. For a government to borrow 40% of what it spends is just as stupid as you doing the same thing. The only difference is that the government can keep it up longer and the results when it crashes will affect everyone, not just you.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Erod View Post
    Piling on mountains of debt to simply postpone the inevitable is only going to make things monumentally worse in the end, especially for the middle class.

    The piper must be paid sooner or later, no longer how long you make him play.
    When are we going to "pay the piper" for our WWII debt that has never been paid off since 1947? In another 100 years? 200? If it is so "inevitable" you should be able to tell me WHEN.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by fmw View Post
    I don't know what the "social contract" is but what we are sacrificing is our future financial stability. For a government to borrow 40% of what it spends is just as stupid as you doing the same thing. The only difference is that the government can keep it up longer and the results when it crashes will affect everyone, not just you.
    Recessions are what effect our present and future financial stability not debt. As long as our economy keeps growing debt can be managed.


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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    When are we going to "pay the piper" for our WWII debt that has never been paid off since 1947? In another 100 years? 200? If it is so "inevitable" you should be able to tell me WHEN.
    You mean when the largest transfer of wealth in the history of the world went from Europe to the United States?

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    Recessions are what effect our present and future financial stability not debt. As long as our economy keeps growing debt can be managed.

    I'm not interested in debt compared to GDP. I said it is problem that the government borrows 40% of what it spends. I don't know why that wasn't clear in my post.

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