What happened to all of the doom and gloom economic threads?
- Thread starter Ulaven_Demorte
- Start date
- Status
Obama's buddy Buffet finally sees the flat writings on the wall
So Obama's #1 economic guru has announced the American economy has been slowing and now it's fallen flat, and that he's in a wait and see pattern to the direction it might go next...
...recession is the fall to flat, depression is regressing from flat.
Welcome to the United Socialist State of economic stagnation, folks...
So Obama's #1 economic guru has announced the American economy has been slowing and now it's fallen flat, and that he's in a wait and see pattern to the direction it might go next...
...recession is the fall to flat, depression is regressing from flat.
Welcome to the United Socialist State of economic stagnation, folks...
RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,228
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,228
It's a two-step plan:
- Call any improvement in the economy a triumph for capitalism, free markets and/or libertarianism
- Blame any economic downturn on socialism, Keynesian economics and/or President Obama
BotanyBoy
Fuck Your Safe Space
- Joined
- Jun 28, 2012
- Posts
- 52,256
Yo mama?
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
Yeah that's pretty much Romney's 59-point economic plan.
koalabear
~Armed and Fuzzy~
- Joined
- Mar 14, 2001
- Posts
- 101,964
as opposed to Oblamers plan point, tax the rich. The government spending would be covered for another 8 1/2 days.
Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 58,305
Given our limited examples and common sense hell the fuck yeah. Spend every fucking dime and spread it as far and wide as possible.
An excellent LATimes piece reporting the bolts and nuts of the dire economic states of some CA cities...
...which very appropriately ends with this ominous warning from a taxpayer who foots all government bills and whose absence no city can function without:
Rising costs push California cities to fiscal brink
Throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late.
http://www.latimes.com/news/local/la-me-san-bernardino-bankruptcy-20120712,0,2433019.story
...which very appropriately ends with this ominous warning from a taxpayer who foots all government bills and whose absence no city can function without:
Rising costs push California cities to fiscal brink
Throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late.
http://www.latimes.com/news/local/la-me-san-bernardino-bankruptcy-20120712,0,2433019.story
First Obama's buddy Buffett...
...now his money man Bernanke (via just-released minutes from last month's Fed powwow:
The Statist-in-Chief better get his posse on his same delusional economic page soon...
...or November 6 will be nothing but about an economy that exists now on almost nothing but artificial life-support.
...now his money man Bernanke (via just-released minutes from last month's Fed powwow:
The Statist-in-Chief better get his posse on his same delusional economic page soon...
...or November 6 will be nothing but about an economy that exists now on almost nothing but artificial life-support.
END
THE
FED
THE
FED
Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 58,305
Just curious Eyer since I've over the last few days earned the ability to think you are a human being, what exactly do you think ending the Fed would accomplish?
BotanyBoy
Fuck Your Safe Space
- Joined
- Jun 28, 2012
- Posts
- 52,256
I'm all for it man, I hope to god Obama gets round II in and ransacks the fucking shit out of every billion/millionaire and every company in the country for every penny they have.
jeninflorida
Literotica Guru
- Joined
- Feb 17, 2003
- Posts
- 22,463
And we all know that Government must operate on a negative cash flow as that is the key to success. Since you lack common sense, that means if government takes in $100 in revenue then government must spend $1000
This weekend marks the end of paying your taxes for the year to finance the cost of federal, state, and local government...
...yep, from January 1 to this Sunday, July 15, every cent Americans have earned has went to funding the costs of American government - 6 1/2 months (197 days) of toil to only cover what government spends:
- 88 days to pay for federal government spending
- 40 days to pay for state and local government spending
- 69 days to pay for total regulatory costs
Government spending now comprises 54% of American annual GDP.
And remember: you're still almost $16 trillion in transparent national debt, and getting closer every day to the $200 trillion in actual debt that nary a politician even dares to acknowledge.
So maybe celebrate this Sunday knowing you have the next 5 1/2 months to finally start pursuing that happiness for you and yours that that old, out-of- date Declaration proclaimed...
...and be thankful the government allows you to keep 46% of what you earn today because it's only going to get less and less as the fiscal years go by.
http://cnsnews.com/news/article/americans-will-work-more-6-months-pay-cost-govt-2012
...yep, from January 1 to this Sunday, July 15, every cent Americans have earned has went to funding the costs of American government - 6 1/2 months (197 days) of toil to only cover what government spends:
- 88 days to pay for federal government spending
- 40 days to pay for state and local government spending
- 69 days to pay for total regulatory costs
Government spending now comprises 54% of American annual GDP.
And remember: you're still almost $16 trillion in transparent national debt, and getting closer every day to the $200 trillion in actual debt that nary a politician even dares to acknowledge.
So maybe celebrate this Sunday knowing you have the next 5 1/2 months to finally start pursuing that happiness for you and yours that that old, out-of- date Declaration proclaimed...
...and be thankful the government allows you to keep 46% of what you earn today because it's only going to get less and less as the fiscal years go by.
http://cnsnews.com/news/article/americans-will-work-more-6-months-pay-cost-govt-2012
busybody..
Literotica Guru
- Joined
- Jul 28, 2002
- Posts
- 149,503
Obama’s Plan To Raise Taxes Will Cut GDP Growth By 30% – 50%…CNN REPORTS
NIGGERPOONZANDI...NIGGERUD....NIGGERPOOP all scream RACISM
FAGFENDY follows with a blizzard of C n Pee's from American "Thinker" no juan reads
READ A BOOK, NOT BLOGS, FAGFENDY
NIGGERPOONZANDI...NIGGERUD....NIGGERPOOP all scream RACISM
FAGFENDY follows with a blizzard of C n Pee's from American "Thinker" no juan reads
READ A BOOK, NOT BLOGS, FAGFENDY
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
Not rooting for the economy to tank, that's just your serious charge when you are up against the wall of reality...
http://www.cnbc.com/id/48165921
Inflation.
Italy downgraded again.
http://hosted.ap.org/dynamic/storie...ME&TEMPLATE=DEFAULT&CTIME=2012-07-12-20-02-00
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
Live by example.
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
What has Obama increased spending on aside from the stimulus which was 1/3 tax breaks?
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
What's your reason for posting the movement of the Dow when everyone already has that information?
So no plan.
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
What's your reason for using the DOW as part of your "fine" economy argument?
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
What's your reason for putting these words into my mouth? Are you just too stupid to comment on what I actually say? I think you just might be.
- Status
