What happened to all of the doom and gloom economic threads?

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By increasing economic activity...

As easy-peasy as turning on a light-switch. Really. :rolleyes:


My personal fav: Stop raising taxes on the job creators or they'll stop creating jobs!

Because the trickle-down theory of economics has worked so well in the past. :rolleyes:
 
By increasing economic activity...

As easy-peasy as turning on a light-switch. Really. :rolleyes:


My personal fav: Stop raising taxes on the job creators or they'll stop creating jobs!

Because the trickle-down theory of economics has worked so well in the past. :rolleyes:


The Bush tax cuts have been in place for the entire Obama first term. How come they didn't raise economic activity?
 
By increasing economic activity...

As easy-peasy as turning on a light-switch. Really. :rolleyes:


My personal fav: Stop raising taxes on the job creators or they'll stop creating jobs!

Because the trickle-down theory of economics has worked so well in the past. :rolleyes:



It worked pretty goddamn well for China— raising an entire nation of (then) a billion people out of grinding poverty and destitution.

...Backing Deng Xiaoping two years after Mao’s death in 1976, they wagered that opening China to the outside world would raise living standards, while avoiding social upheaval that would threaten the Communist Party’s grip on power.

In three decades, they and their successors lifted more than 600 million people out of poverty and created a home-owning middle class as China rose to become the world’s second-biggest economy. Chinese on average now eat six times more meat than they did in 1976, and 100 million people have traded in their bicycles for automobiles...


http://www.bloomberg.com/news/2012-...pitalism-from-citic-to-godfather-of-golf.html




 
The Bush tax cuts have been in place for the entire Obama first term. How come they didn't raise economic activity?


Because you're a goddamn moron who doesn't understand economics or the business cycle. You choose not to understand that Clinton and Rubin (the two who got rid of Glass-Steagall) were witless beneficiaries of a boom and that Greenspan and Barney Frank and Fannie Mae and Freddie Mac threw gasoline on the fire, ensuring an eventual ginormous bust. You really are dumber than a box of rocks.

Your problem is simple: you're a spoiled, whiny, entitled, sniveling fool. When combined with the fact that you're an economic illiterate, the result is what frightened Goethe more than anything else: ignorance in action.

_______________

Busts follow booms. They always do. They always will.

Government regulation and intervention have NEVER prevented bubbles and the operation of the business cycle. The collapse of economic bubbles has always been followed by false prophets and manipulative opportunists promoting painless quack remedies. The mountebanks never fail to claim the efficacy of their solutions when recoveries occur— as free market economies inevitably do— after the excesses that created the bubbles are purged naturally by operation of markets. The promoters of the simple fixes are as dishonest as the first set of schemers— merely another set in a long line of charlatans, foolish dreamers and would-be dictators.

In the latest episode, demagogues railed and browbeat and threatened and harangued and strong-armed and bullied— anybody with a pulse has a god-given right to a mortgage. Bankers lost their minds and "bought" their own pitches. Greenspan lowered rates to irresponsible and unconscionably absurd levels— all in the name of a quick and pain-free solution to the tech-bubble-insanity and 9/11. The media whooped and hollared about how everybody was getting rich flipping houses. Gurus proclaimed that residential real estate prices never decline. Result: the lemmings drank the Kool-Aid and produced another old-fashioned bubble— just like the tech stock insanity of 1997-2000, just like the commercial real estate madness of 1986-1989, just like the Nifty Fifty of 1966-1972, just like the conglomerate madness of 1966-1968, just like the South Seas bubble of the 1720s, just like the Tulip Bulb insanity of 1636.

The business cycle is and always will be. If you believe otherwise, I've got a bridge I'd like to sell you.

http://en.wikipedia.org/wiki/Recession_of_2008
http://en.wikipedia.org/wiki/Recession_of_2001
http://en.wikipedia.org/wiki/1973–1974_stock_market_crash
http://en.wikipedia.org/wiki/Recession_of_1958
http://en.wikipedia.org/wiki/Recession_of_1953
http://en.wikipedia.org/wiki/Recession_of_1937
http://en.wikipedia.org/wiki/1929_Depression
http://en.wikipedia.org/wiki/The_Panic_of_1907
http://en.wikipedia.org/wiki/Panic_of_1893
http://en.wikipedia.org/wiki/Panic_of_1890
http://en.wikipedia.org/wiki/Panic_of_1884
http://en.wikipedia.org/wiki/Panic_of_1873
http://en.wikipedia.org/wiki/Panic_of_1866
http://en.wikipedia.org/wiki/Panic_of_1857
http://en.wikipedia.org/wiki/Panic_of_1847
http://en.wikipedia.org/wiki/Panic_of_1837
http://en.wikipedia.org/wiki/Panic_of_1825
http://en.wikipedia.org/wiki/The_Panic_of_1819
http://en.wikipedia.org/wiki/South_seas_bubble
http://en.wikipedia.org/wiki/Mississippi_Scheme
http://en.wikipedia.org/wiki/Tulip_bubble

http://en.wikipedia.org/wiki/Austrian_Business_Cycle_Theory
http://en.wikipedia.org/wiki/Business_cycle
http://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds





 
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Happy New Year to the doom and gloom. Try to loosen up for New Years and have some fun.
:rose:
 
Reality is that the rich-poor gap in America is staggering and getting worse every year. That's because the rich have more of the pie than ever before and since they control most of the economy they control how much of the pie the middle class and poor have access to. Therefore is doesn't matter if the REPOZ view is right or not. Their pie is infinite but for 98% of America it's really not.

All true

BUT

(btw, yet another difference between a D (dum oh!) and an R.....)

First, there is no real evidence its getting worse, but either way ITS OF ZERO IMPORT.

Further, it has always been that way and will remain so forever....as it is thru out the world

What seperates the US from virtually the entire world, and indeed that why SO MANY MILLIONS come to the US......is OPPURTUNITY......there is ZERO that stops anyone from going from ZERO to millions......Nothing stopped Zuckerberg, nothing stopped K Bryant.....not color, not religion, NOTHING

There is NOTHING stopping the 98 from getting t the TOP......NOTHING
 
So...

...all your blathering about government being a substantial obstacle to individual economic growth is...is...hogwash?

Moron ICK!


how did what I wrote contra DICK what I asserted?

Gov is the NUMBER ONE roadblock

But as can be seen......it doesn't stop ALL
 
MSNBC Host Thinks Calling Mitt Romney A “Negro” Is Downright Hilarious…I wonder if NIGGER KUZ will grunt about this?
 
Moron ICK!


how did what I wrote contra DICK what I asserted?

Gov is the NUMBER ONE roadblock


But as can be seen......it doesn't stop ALL

Oh...my mistake.

I was under the impression that you had posted this, too:

There is NOTHING stopping the 98 from getting t the TOP......NOTHING

Must've been the other BB...

...btw: what percentage of other people's money do you deem acceptable to take before you come close to being the thief you accuse others of being?
 
That's not "Jenn" you hear...

...that's your wife and daughter laughing at the man you've failed to be.

Hahahaha like how you keep thinking saying something about wife and kid going to change the fact you're looney tune and Jenn is a dumb cunt.
 
Hahahaha like how you keep thinking saying something about wife and kid going to change the fact you're looney tune and Jenn is a dumb cunt.

That's the point...

...it doesn't "change the fact" of your projection that you truly think your wife and daughter are "dumb cunt"s, too.

In this case, jenin is actually serving as a beacon...

...to spotlight your dire and mass shortcomings as a male, and your complete failure as both a husband and a father.
 
That's the point...

...it doesn't "change the fact" of your projection that you truly think your wife and daughter are "dumb cunt"s, too.

In this case, jenin is actually serving as a beacon...

...to spotlight your dire and mass shortcomings as a male, and your complete failure as both a husband and a father.

Looney tune you and Jenn the dumb cunt do the same thing when all fails go after a person's family.
You have yet to show you're not bat shit crazy are it (Jenn) not a dumb cunt
The proof all over lit to support both claims by me.
 
Looney tune you and Jenn the dumb cunt do the same thing when all fails go after a person's family.
You have yet to show you're not bat shit crazy are it (Jenn) not a dumb cunt
The proof all over lit to support both claims by me.

MD20/20 by the case is on sale at Big Lots again, huh?
 
There is NOTHING stopping the 98 from getting t the TOP......NOTHING

Sure there is: the fact that there simply is not enough opportunity to make it to the top. Look at almost all the jobs out there and you'll see that almost none of them pay nearly enough to make it to the top. And actually job compensation and benefits are getting worse so it's harder every day.

There's this conservative myth that everyone can be rich. It's pure fantasy that's plainly contradicted by obvious facts but it drives your ideology no matter what.
 
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