View Poll Results: Is the USA skrewed?

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  • yes

    14 36.84%
  • no

    24 63.16%
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Thread: Is the USA skrewed?

  1. #41
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    Re: Is the USA skrewed?

    At 64, conceived shortly after the big war ended, I am among the first of the baby boomers. Most of us males faced the draft. The "draft lottery" came too late for us.
    IMO, the draft was a great equalizer. The poor and the well off were thrown together under the same living conditions. For some of us, it was a step or 2 up, for others, a step or 2 back.
    Until the young of this and other nations learn what it is to serve, voluntarily or otherwise, we will continue to owe the greatest of debt to the generation that preceded me. Freedom isn't free, and most of us have done damn little to deserve it.
    Oracle of Utah
    Truth rings hollow in empty heads.

  2. #42
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    USA_1's Avatar
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    Re: Is the USA skrewed?

    Quote Originally Posted by Redress View Post
    It was not Carter that caused the ungodly economy we suffered through during his administration, though Carter did nothing to solve the problem either. .
    Actually he did. He hire Paul Volker who raised interest rates breaking the back of inflation. There was a reason interest rates were so high during that period. Sometimes we have to suffer a bit before things can get better. The economy can not recover overnight. It takes time.
    There was no recession during Carters term. GDP grew every year. Inflation was the biggest problem and he inherited that from Nixon/Ford. Remember Nixon's infamous wage and price freeze? So much for republican free markets.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  3. #43
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    Re: Is the USA skrewed?

    Quote Originally Posted by UtahBill View Post
    At 64, conceived shortly after the big war ended, I am among the first of the baby boomers. Most of us males faced the draft. The "draft lottery" came too late for us.
    IMO, the draft was a great equalizer. The poor and the well off were thrown together under the same living conditions. For some of us, it was a step or 2 up, for others, a step or 2 back.
    Until the young of this and other nations learn what it is to serve, voluntarily or otherwise, we will continue to owe the greatest of debt to the generation that preceded me. Freedom isn't free, and most of us have done damn little to deserve it.

    Actually those that live good lives, work hard, pay their taxes and contribute to society instead of relying on it to take care of them do deserve freedom. It's not just about fighting in a war. Many people never got the opportunity even though they would answer the call if our country was in danger.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  4. #44
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    There was no recession during Carters term.
    Yes there was. 2nd 1980 and 3rd 1980 were quarters of negative growth, -7.9% and -0.7%, respectively.
    U.S. Department of Commerce. Bureau of Economic Analysis
    Table 1.1.1

    GDP grew every year.
    Perhaps, but:
    -That doesnt mean there was no recession that year;
    -By that standard, there was no recession under GWB.

  5. #45
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    This isn't a business cycle. They destroyed the housing sector by manipulating demand. They sent manufacturing jobs overseas. We are dependant on other countries for our energy. We are buried in debt. It will be decades before we recover, if we ever do. The best times most likely are behind us.

    Greed has destroyed this country.
    This line made me pause.

    I would be interested in how you define greed.

  6. #46
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    Re: Is the USA skrewed?

    Quote Originally Posted by Chuz Life View Post
    This line made me pause.

    I would be interested in how you define greed.
    Greed is doing anything for money. Even ruining our future.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  7. #47
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    Re: Is the USA skrewed?

    Quote Originally Posted by Goobieman View Post
    Yes there was. 2nd 1980 and 3rd 1980 were quarters of negative growth, -7.9% and -0.7%, respectively.
    U.S. Department of Commerce. Bureau of Economic Analysis
    Table 1.1.1


    Perhaps, but:
    -That doesnt mean there was no recession that year;
    -By that standard, there was no recession under GWB.
    Presidents And Prosperity - Forbes.com

    The Ford and Carter years (1974-1981) are widely recalled as a time of economic disaster. But by the numbers they were middling, not awful. Most surprising is that Carter ranks first in job creation as 10 million jobs were added during his four years in office, more on an annualized basis than Clinton or Reagan. But because the labor force was expanding at the same time, led by an increasing number of women working outside the home, the rate of unemployment barely budged. Gerald R. Ford ranks first for controlling inflation, cutting 3.4% off the rate during his brief two-and-a-half-year term.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  8. #48
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    Greed is doing anything for money. Even ruining our future.
    Greed is,...

    What?

    Anything?

  9. #49
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    Re: Is the USA skrewed?

    Quote Originally Posted by Chuz Life View Post
    Greed is,...

    What?

    Anything?
    Doing anything for money. For example, cutting corners to produce oil quicker to make more money and ignoring the risk.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  10. #50
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    Doing anything for money. For example, cutting corners to produce oil quicker to make more money and ignoring the risk.
    Do you consider investing or holding stock to be an act of greed?

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