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Consumer confidence strongest in over five years in May

I mean sure, we have the IRS being used to target Americans with opposing political view points, and with direction from the higher ups at the WH.

It's always "target". Targeting is scary. But it's never "arrested", nor "ruined", nor "harmed", nor "stole from", nor even "charged a dime more than the IRS was legally entitled to do so", nor did any kind of measurable damage to. The Tea Party groups weren't even denied the tax exempt status that they were applying for. It's just "target". Because there was no damage. And because "made them fill out some forms" doesn't have the same ring to it.
 
It's always "target". Targeting is scary. But it's never "arrested", nor "ruined", nor "harmed", nor "stole from", nor even "charged a dime more than the IRS was legally entitled to do so", nor did any kind of measurable damage to. The Tea Party groups weren't even denied the tax exempt status that they were applying for. It's just "target". Because there was no damage. And because "made them fill out some forms" doesn't have the same ring to it.

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.
 
Funny, when I was a crackhead (I quit in 2002), that was EXACTLY what most people I got high with thought.

Sacrificing tomorrow for a better today is never wise - in drug addiction/alcoholism or macroeconomics.

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.
 
so this means you will be throwing away the blame Bush card on everything that happened after 2008

oh please ... the correct title should be "Consumer confidence strongest in over five years in May despite Bush's 8 years and Republicans' attempts to suppress it -- and the vote"
 
http://easynomics.com/wp-content/uploads/2013/04/Real-GDP-Q1-2013-Advance-Estimate-Doug-Short.gif

GDP - Real Gross Domestic Product - Trend Analysis of Latest Data - Easynomics

GDP, CPI and other key economic reports
This week Month ago Year ago
Gross Domestic Product (billions) 16010.2 16010.2 15461.8
Housing Starts (thousands) 610 619 492
Producer Price Index 194.9 196.2 193.8
Consumer Price Index 231.5 232.3 229.2
Purchasing Managers Index 50.7 51.3 54.8
Retail Sales 419027 418284 408039
Unemployment Rate 7.5 7.6 8.1


Read more: Gross Domestic Product | GDP | Consumer Price Index CPI Housing Starts Unemployment Rate US
Follow us: @Bankrate on Twitter | Bankrate on Facebook

I wouldn't celebrate just yet.

I'm with you on this ... the Republicans are regrouping, trying not to panic, and trying to come up with ways to dampen consumer confidence ... give them a bit ... they'll come up with something I betcha ...
 
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.
 
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.
 
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.
 
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.
 
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.
 
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.
 
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.
 
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.

us_deficit_20c.png
 
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?
 
Recessions are what effect our present and future financial stability not debt. As long as our economy keeps growing debt can be managed.

us_deficit_20c.png

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.
 
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.

That is an old number made worse by reduced revenue from the recession. It is closer to 20% now. And well with in normal averages for the last 50 years.

44172-land-figure1.png
 
Just to clarify, approximately 31 percent of the outlays in FY2012 were in fact borrowed, and if the revised projections from the CBO hold true, we can expect that number to fall to roughly 20 percent.
 
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