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

[jeninflorida]

well, there was a crash in 87, right?

1987 recession? Eh? Huh? Whaaa? Have we stooped to inventing recessions? You might want to run that by the National Bureau of Economic Research.

http://www.nber.org/
http://www.nber.org/cycles/cyclesmain.html

Last Four Recessions and their Durations
12/07  -  6/09     18 months 
3/01  -  11/01     8 months 
7/90  -  3/91     8 months 
7/81  -  11/82   16 months

 

[cebalrai]

and now we can't forget about obama's war


but obama's got it....we just don't know what it, is....

I don't think we should forget about any war, do you?

 

[koalabear]

And yet, unemployment is STILL unemployment, a recession is STILL a recession.

Let's see Reagan presided over not one, but two... Can we blame the 1987 recession on Carter too? Can we please?

Look, that retard is back.

 

[IrezumiKiss]

I realize you're not really into economics and stuff.

But you do understand that there was no 1987 recession, right?

Just checking.

I was remarking about the unemployment rate, my good friend.

You know, the same thing you were remarking about?

Hello? Dr. Livingstone?

Hello?

 

[firespin]

I was remarking about the unemployment rate, my good friend.

You know, the same thing you were remarking about?

Hello? Dr. Livingstone?

Hello?

LOL.

I was talking about a non-existent recession. You could look it up.

 

[cebalrai]

and now we can't forget about obama's war

Got to luv how Afghanistan was a good idea until Obama took office. Now it's just something to attack Obama for.

 

[IrezumiKiss]

LOL.

I was talking about a non-existent recession. You could look it up.

Uhhh...the unemployment rate in 1987 was 5.X% like you said, Mr. Weatherbee.

wait...actually it was 5.7% at its lowest point in December and 6.6% at its highest in January, not dipping below 6% until after August.

My bad! You really were talking about non-existent things, as usual! Carry on!

 

[jeninflorida]

Got to luv how Afghanistan was a good idea until Obama took office. Now it's just something to attack Obama for.

what? obama said that it was his war
hello????

 

[RobDownSouth]

well, there was a crash in 87, right?

So now a "crash" is the same thing as a "recession"?

You glibertarians have some interesting word definitions.

 

[cebalrai]

what? obama said that it was his war
hello????

It's his responsibility as Commander In Chief.

 

[jeninflorida]

So now a "crash" is the same thing as a "recession"?

You glibertarians have some interesting word definitions.

so punish me for having fun with you left wing nuts....wasn't there a stock market crash in 87? guessing you were what, 50 yo in 1987?

are you drunk? who did you get what I said cash = recession? why are you a bitter old man?

 

[jeninflorida]

It's his responsibility as Commander In Chief.

well there you go...and obama said that he was making this his war. well, at least for the next 2 years

 

[cebalrai]

well there you go...and obama said that he was making this his war. well, at least for the next 2 years

Of course he's acknowledging that it's his responsibility. Why do you think it's even worth mentioning?

 

[jeninflorida]

Of course he's acknowledging that it's his responsibility. Why do you think it's even worth mentioning?

u r the one who said wars

not able to admit or cope with the idea that obama is a failure?

 

[richard_daily]

I realize you're not really into economics and stuff.

But you do understand that there was no 1987 recession, right?

Just checking.

Really?

Somebody better tell Ron Paul.

http://www.dailypaul.com/node/22440


Tell this guy too, while you're at it.
http://www.thewanderingeconomist.com/2007/11/19/what-defines-a-recession-a-depression/

 

[firespin]

Really?

Somebody better tell Ron Paul.

http://www.dailypaul.com/node/22440


Tell this guy too, while you're at it.
http://www.thewanderingeconomist.com/2007/11/19/what-defines-a-recession-a-depression/

Har-de-har-har.

Thought you were serious there for a minute.

 

[RobDownSouth]

so punish me for having fun with you left wing nuts....wasn't there a stock market crash in 87? guessing you were what, 50 yo in 1987?

are you drunk? who did you get what I said cash = recession? why are you a bitter old man?

Just pointing out how difficult it is to hit your "moving target" rhetoric....like nailing jello to the proverbial tree.

To answer your questions, in order:
1. There was a stock market crash in 1987. It did not result in a recession.
2. I was not 50 years old in 1987.
3. I haven't been drunk in years.
4. I'm not sure what you mean by "cash = recession". Freudian slip, perhaps?
5. I'm not bitter, I just enjoy pointin' out the intellectual bankruptcy of glibertarians. It's fun making you and your type howl in situational outrage.

I've answered your questions, so let me ask you a single question, just to establish a baseline of how far your mind has rotted from the glibertarian cancer:

If the fair tax is somehow enacted and you go into a store to buy a Snickers bar where the price on the shelf is $1.00, how much money do you give to the cashier if the tax rate is 30% tax exclusive/23% tax inclusive? You may use a calculator.

 

[jeninflorida]

So now a "crash" is the same thing as a "recession"?

You glibertarians have some interesting word definitions.

how did you get "crash" and "recession"

gibberish lackie

 

[jeninflorida]

u so funny, please come back in 10 minute

Just pointing out how difficult it is to hit your "moving target" rhetoric....like nailing jello to the proverbial tree.

To answer your questions, in order:
1. There was a stock market crash in 1987. It did not result in a recession.
2. I was not 50 years old in 1987.
3. I haven't been drunk in years.
4. I'm not sure what you mean by "cash = recession". Freudian slip, perhaps?
5. I'm not bitter, I just enjoy pointin' out the intellectual bankruptcy of glibertarians. It's fun making you and your type howl in situational outrage.

I've answered your questions, so let me ask you a single question, just to establish a baseline of how far your mind has rotted from the glibertarian cancer:

If the fair tax is somehow enacted and you go into a store to buy a Snickers bar where the price on the shelf is $1.00, how much money do you give to the cashier if the tax rate is 30% tax exclusive/23% tax inclusive? You may use a calculator.

 

[trysail]

So that the facts are straight— for the calendar year 1987, the stock market ( as measured by the S&P 500 ) had a total return ( price appreciation plus pretax dividends ) of 5.23%.

Year	Cash Bonds**Stocks*Inflation
				
1960	2.7 	11.8 	0.5 	1.5 
1961	2.1 	1.9 	26.9 	0.7 
1962	2.7 	5.6 	(8.7)	1.2 
1963	3.1 	1.6 	22.8 	1.6 
1964	3.5 	4.0 	16.5 	1.2 
1965	3.9 	1.0 	12.5 	1.9 
1966	4.8 	4.7 	(10.1)	3.4 
1967	4.2 	1.0 	24.0 	3.0 
1968	5.2 	4.5 	11.1 	4.7 
1969	6.6 	(0.7)	(8.5)	6.1 
1970	6.5 	16.9 	4.0 	5.5 
1971	4.4 	8.7 	14.3 	3.4 
1972	3.8 	5.2 	19.0 	3.4 
1973	6.9 	4.6 	(14.7)	8.8 
1974	8.0 	5.7 	(26.5)	12.2 
1975	5.8 	7.8 	37.2 	7.0 
1976	5.1 	12.9 	23.8 	4.8 
1977	5.1 	1.4 	(7.2)	6.8 
1978	7.2 	3.5 	6.6 	9.0 
1979	10.4 	4.1 	18.4 	13.3 
1980	11.2 	3.9 	32.4 	12.4 
1981	14.7 	9.5 	(4.9)	8.9 
1982	10.5 	29.1 	21.4 	3.9 
1983	8.8 	7.4 	22.5 	3.8 
1984	9.9 	14.0 	6.3 	4.0 
1985	7.7 	20.3 	32.2 	3.8 
1986	6.2 	15.1 	18.5 	1.1 
1987	5.5 	2.9 	5.2 	4.4 
1988	6.4 	6.1 	16.8 	4.4 
1989	8.4 	13.3 	31.5 	4.7 
1990	7.8 	9.7 	(3.2)	6.1 
1991	5.6 	15.5 	30.6 	3.1 
1992	3.5 	7.2 	7.7 	2.9 
1993	2.9 	11.2 	10.0 	2.8 
1994	3.9 	(5.1)	1.3 	2.7 
1995	5.6 	16.8 	37.4 	2.5 
1996	5.2 	2.1 	23.1 	3.3 
1997	5.3 	8.4 	33.4 	1.7 
1998	4.9 	10.2 	28.6 	1.6 
1999	4.7 	(1.8)	21.0 	2.7 
2000	5.9 	12.6 	(9.1)	3.4 
2001	3.8 	7.6 	(11.9)	1.6 
2002	1.7 	12.9 	(22.1)	2.4 
2003	1.0 	2.4 	28.7 	1.9 
2004	1.2 	2.3 	10.9 	3.3 
2005	3.0 	1.4 	4.9 	3.4 
2006	4.8 	2.8 	15.8 	2.5 
2007	4.8 	10.2 	5.5 	4.3 
2008	2.1 	16.8 	(37.0)	0.1 
2009	0.4 	(4.8)	26.5 	2.7 
2010	0.1 	12.9 	11.7 	1.1

The 2010 figures are, of course, for the year-to-date.

* S&P 500 index ( total return, i.e., price change plus dividend return )
** Intermediate term U.S. Treasury bond total return
[Source: Vanguard Group and Ibbotson Associates]

 

[RobDownSouth]

u so funny, please come back in 10 minute

Find a calculator yet?

 

[IrezumiKiss]

u so funny, please come back in 10 minute

Had a lot of fiber for dinner tonight, eh? See, if you had an iPad, you could bring it in the toilet with you for Number 2 while staying online and not have to miss a beat.

 

[Luk]

Just heard 6 in 10 Americans plan on spending more this year than last year this Holiday season. Must be the Liberal media.

 

[RobDownSouth]

Had a lot of fiber for dinner tonight, eh? See, if you had an iPad, you could bring it in the toilet with you for Number 2 while staying online and not have to miss a beat.

Glibertarians have such single-minded sense of purpose that multitasking is extremely unlikely. I doubt that this one could successfully walk and chew gum, much less defecate and post.

 

[eyer]

Just heard 6 in 10 Americans plan on spending more this year than last year this Holiday season. Must be the Liberal media.

And 9 of them say they're going to do so all the way to their credit limits, while barely able to make their monthly minimum payment...

...who says government can't be an example for the people?