Political Forum
     

Go Back   Political Forum > Political Issues > Economics & Trade


Reply
 
Thread Tools Display Modes
  #21 (permalink)  
Old 07-20-2007, 01:40 PM
JP5's Avatar
JP5 JP5 is offline
Site Moderator
Guru
 
Join Date: Mar 2004
Location: Texas
Posts: 23,121
us texas
JP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond repute
Credits: 152,508
Default ?

Quote:
Originally Posted by DuH2";p=&quot View Post
Quote:
Bush was handed a failing economy AND the beginning of a recession. AND he got hit with 9/11 AND Katrina---but STILL managed to bring us out of all of it
While lowering Taxes on pretty much everyone.
YES!! And the scary thing is that Democrats want to change ALL of it.
__________________
Clintonite after Clintonite. My question is, "So when does this so-called CHANGE start?"
Reply With Quote
Sponsored Links
Red Cross - Donate Today    Save the Rainforest
  #22 (permalink)  
Old 07-20-2007, 02:31 PM
raytri's Avatar
raytri raytri is offline
Site Moderator
Guru
 
Join Date: Jun 2004
Location: Minnesota
Age: 41
Posts: 18,489
usa us minnesota
raytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond reputeraytri has a reputation beyond repute
Credits: 115,531
Default dgdgdg

Quote:
Originally Posted by DuH2";p=&quot View Post
While lowering Taxes on pretty much everyone.
... by borrowing the money from our grandkids.
__________________
Man up.
Reply With Quote
  #23 (permalink)  
Old 07-20-2007, 03:56 PM
DuH2's Avatar
DuH2 DuH2 is offline
Banned
Guru
 
Join Date: Dec 2005
Posts: 11,152
DuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond repute
Credits: 55,429
Default .

OH...
...and what exactly will yor grandkids have if we don't?

Every generation of Americans pays off the debt of the previous generations and instead of maligning them for leaving the debt you should look at what the debt BOUGHT...which is everyhing.


Its an easy line Raytri but once you look behind the line to its core you see its literally empty of merit.
Reply With Quote
  #24 (permalink)  
Old 07-20-2007, 06:48 PM
jeremiah jeremiah is offline
Banned
Sr. Correspondent
 
Join Date: Jun 2007
Location: Arkansas
Posts: 815
jeremiah is on a distinguished road
Credits: 5,498
Default hmmmm

I agree that Bush got a bum deal having to deal with the Katrina and 9-11 dilemma. But he was elected to handle such stuff for the country and wanted the job. Handling 9-11 was the most ineffective job I ever saw anyone handle as like his beating around in the wrong bushes looking for what we don't want as like this needless and messy war with Iraq. It was our want and his job to got everything together and get who we wanted for his attack on America, but now it is almost 6 years and we don't have the culprit Osama bin-Laden.
But I feel that the Katrina's blame morely lies on the state of Louisiana and it's sponsorers since Louisiana claims New Orleans. The state should not have allowed New Orleans to have built itself so dangerously vulnerable to what it was likely to face. Bush's job was to take care of the country and release the country's financial aid to the state to fix it's disaster and that was done. So the rest of the responsibilty lies on the state of Louisiana to fix it's problem. Also Katrina was a nature-made distaster just like the tsunami of Indonesia and not a man-made disaster as like the Iraqi war.
Reply With Quote
  #25 (permalink)  
Old 07-21-2007, 09:39 AM
nonsqtr nonsqtr is offline
Guru
 
Join Date: Apr 2006
Location: Burbank CA
Posts: 6,049
nonsqtr has disabled reputation
Credits: 59,050
Default optimists, pessimists, and realists

Has anyone considered the "redistribution of wealth"?

I'm just noticing how people seem to be focusing on "theoretical" arguments in this thread.

But, how these creeping-economy things work, is anything but theoretical.

What you see, from a birds-eye view, is an increasing number of people living paycheck-to-paycheck. Obviously, you don't see that if you don't have the birds-eye view (which I assure you, you're not going to get from watching television, and least of all from believing in the horribly distorted government "employment indexes" and "economic indexes", all of which were altered under George W. Bush - I mean, "inflation not including food and energy prices" - what kind of bogus hocus-pocus is that?

Yes sir, if you're sitting pretty in your ivory tower, having worked hard for an entire lifetime or whatever, you're probably comfortably numb to what's going on in the street. You probably think that all the violence that's going on these days, is due to just a few radicals and misguided individiduals, and if they just had something better to do (like trading stocks, for instance) they wouldn't be wasting their time trying to shove their political ideology down our throats.

These guys that are doing a dance 'cause the market hit 14k (for one day, I might add...) - I mean, these are the people in the crowd, cheering on the emperor as he's parading naked through the streets, know what I mean? These are the guys that keep saying "rah for our team", and they've been saying it for so long they're starting to believe their own fantasies.

From where I stand, it would seem like it's time to pull our collective heads out of the sand and take a good hard look at what's going on. This isn't the first time in history, that we've been in this particular part of the economic cycle, right? And also, I might observe, that this isn't the first time in history that our society has responded to it in exactly the same way.

Sometimes, people do really crazy sh** to keep the economy going.

Clinton was one of those "crazies" - he reversed some important restrictions that had been in place since the Depression, and now all of a sudden we have banks involved in the insurance business again, and brokerages doing banking, and all that - all those lines have been blurred.

And Bush is another "crazy" - he turned up the heat under the US economy, and he figured there was so much "undervaluation" in the world economy that the good times would last all the way through his Presidency. Well, he might make it. Maybe just. You know, this stuff is like a gigantic shark - it has to keep going - if it ever stops, it's dead in the water.

Hey Duh2 - I have this one observation for you, which if you have a decent overview of the markets you'll know to be true. And that is, that the market is built on "dynamic tension". It isn't "inherently stable", it depends on the tension created between the bulls and the bears, to keep stock prices trading within a relatively narrow range. (And then there's also the volatility to consider - in mathematics, we call those behaviors "limit cycles", and they're part of a larger field of study called "dynamics", and in the case of the market their usually understood in terms of "stochastic" dynamics, which is to say that the underlying generators are more or less "random").

Well, the point I'd submit for your consideration, is that the market is anything but random. The whole concept of a "perfectly elastic market" is a pipe dream. There is no such market, anywhere.

Show me one. Oil? I think not. Illegal drugs, maybe, in this country, might come the closest.....

Think about it.
Reply With Quote
  #26 (permalink)  
Old 07-21-2007, 11:08 AM
JP5's Avatar
JP5 JP5 is offline
Site Moderator
Guru
 
Join Date: Mar 2004
Location: Texas
Posts: 23,121
us texas
JP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond reputeJP5 has a reputation beyond repute
Credits: 152,508
Default ?

Quote:
Originally Posted by raytri";p=&quot View Post
Quote:
Originally Posted by DuH2";p=&quot View Post
While lowering Taxes on pretty much everyone.
... by borrowing the money from our grandkids.
But even the deficit is improving faster than expected.
__________________
Clintonite after Clintonite. My question is, "So when does this so-called CHANGE start?"
Reply With Quote
  #27 (permalink)  
Old 07-21-2007, 11:33 AM
jeremiah jeremiah is offline
Banned
Sr. Correspondent
 
Join Date: Jun 2007
Location: Arkansas
Posts: 815
jeremiah is on a distinguished road
Credits: 5,498
Default JPS

The deficit didn't even exist when Bush took office and with enough surplus to last us for years to come and he deleted all that in just a few months. We need to remove the source of all of America's troubles and hopefully we can wait until January of 2009 to be able to do it.
Reply With Quote
  #28 (permalink)  
Old 07-21-2007, 03:16 PM
DuH2's Avatar
DuH2 DuH2 is offline
Banned
Guru
 
Join Date: Dec 2005
Posts: 11,152
DuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond reputeDuH2 has a reputation beyond repute
Credits: 55,429
Default .

There was always a deficit..the one your cliaming didn't exist was just the Federal Governments.
..and of course the debt increased do to OBVIOUS reasons.
Reply With Quote
  #29 (permalink)  
Old 07-21-2007, 07:06 PM
jeremiah jeremiah is offline
Banned
Sr. Correspondent
 
Join Date: Jun 2007
Location: Arkansas
Posts: 815
jeremiah is on a distinguished road
Credits: 5,498
Default DUH

And I adamently direly certainly sure do know what you mean by the "obvious reasons" that you are hinting about, republicans=the American's menace.
Reply With Quote
  #30 (permalink)  
Old 07-25-2007, 07:54 PM
EiregoSod's Avatar
EiregoSod EiregoSod is offline
Analyst
 
Join Date: Mar 2004
Location: on your shoulder
Posts: 2,018
EiregoSod is on a distinguished road
Credits: 7,496
Send a message via AIM to EiregoSod Send a message via MSN to EiregoSod Send a message via Yahoo to EiregoSod
Default .

Quote:
Originally Posted by JP5";p=&quot View Post
Quote:
Originally Posted by Liberty";p=&quot View Post
Quote:
Originally Posted by raytri";p=&quot View Post
If you pull the 10 year figures and look at the "total unemployment rate" -- the one that tries to count everyone who would like to work full-time, but isn't -- You'll see that, unsurprisingly, the rate was substantially lower (7-7.4%) in 1999 and 2000, the peak of the last expansion. It then shot up, peaking in 2003 at 10.1% and slowly declining since then. The current figure (8.5%) is comparable to 1997 or 1998.

Why, then, aren't people as optimistic about the economy now as they were then?
I have no problem with "why aren't people as optimistic now as they were then" -- after all, the job picture 1999-2001 was better than it had been in thirty years.

Originally, you said, "the reason people think the economy is doing poorly is pretty simple" -- and I think the data shows that the job picture right now (at least in terms of unemployment) is anything but an indicator of a poor economy. I would guess that it's been better in only 5 years out of the past 30 or so. It's as good or better now than all but the last two years of the Clinton administration.

Quote:
Most people consider their own situation, not macroeconomic numbers. If they feel less secure, or see reduced prospects in their own economic future, it doesn't matter what the overall figures say.
Yes, I think the negative impression many people have concerning the economy has more to do with the perception they get from late night tv and media coverage than what the actual data says.
The economy today is actually BETTER than in Clinton's last two years. Because today's economy is based on a solid base; the late 90's it was based on "irrational exhuberance" as warned during that time by Greenspan. And the end of the year 2000 was the first year that my portfolio went down----lost money. And that was the story for just about everyone else who was in the stock market. That's because the economy began to fail in about March to April of 2000.

Bush was handed a failing economy AND the beginning of a recession. AND he got hit with 9/11 AND Katrina---but STILL managed to bring us out of all of it.
I didn't realise that your portfolio was an indicator of the economy as a whole. wow

9/11 was nothing economy wise, neither was Katrina.


How is that falling dollar working for you? Do you realise that no non-US investor is actually buying up US treasury bonds anymore?
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Sponsored Links

All times are GMT -8. The time now is 01:36 AM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0
Template-Modifikationen durch TMS
vBCredits v1.3 ©2007 by Darkwaltz4
Advertisement System V2.1 By   Branden