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

[busybody..]

BTW, ShitterSavage

if teh rate were MEANINGFUL

the LOW MTG RATES would have HOUSING BOOM

instead, teh low rates act as an INHIBITING factor

dont argue ECONOMICS with me

I gots me a PRE FUCKING H D in ECON OM ICKS!

 

[JohnnySavage]

BTW, ShitterSavage

if teh rate were MEANINGFUL

the LOW MTG RATES would have HOUSING BOOM

instead, teh low rates act as an INHIBITING factor

dont argue ECONOMICS with me

...or EBONICS

:NANA:

 

[busybody..]

Or

Eee Bon Icks


In any event

The PROBLEM with the economy is

NIGGER HO!

 

[JohnnySavage]

OR...

Corpes make MO money with LESS workers.

Robots don't bitch!


No need for laid off line workers.

two yuear back log of houses = no need for residential construction

30% vacancy in comm RE = no comm construction

Gubmenyt brok - no heavy construction - no heavy machinery needs


no work = no money

BUT 'people' need to live somewhere = be a flipper and slum lord

 

[busybody..]

DUMMY

You are wrong

As long as the MTG rates are LOW and the econmy sucks and teh regs keep MILLION AIRS from INVESTING etc.......nothing will work

If rates go up....if regs are scrapped, peeps will buy before rates go HIGHER and MILLION AIRS will invest cause they WILL MAKE $$$

NIGGERS DONT LIKE $$$

NIGGERS SHIT ON $$$ MAKERS and then go to $$$ MAKERS TO RAISE $$$

Dummy MILLION AIRS give NIGGER $$$

 

[busybody..]

Face it

NIGGER has never ever done ANYTHING in his entire life

And

His policies and ideals etc etc

Reflect that

WE ARE IN SHIT

Until we

HEAVE HO!

 

[koalabear]

Stocks slide on profit-taking

 

[unregistered]

 

[richard_daily]

Will you please repeat the bolded part the next time the market is going down?

Show this inflation while your at it. Everything seems to be the same price and I'd be willing to bet on it being roughly the same price in six months can you at least set a date for when this inflation will happen? Inflation doesn't work the way you pretend it does. Inflation is (to over simplify) too many dollars chasing too few goods. Right now people are struggling to make ends meet. The new dollars (that aren't even really being put in the economy to begin with) would no more cause inflation than do food stamps.

I haven't looked into the jobless claims this month yet and frankly I think it's both pointless as nobody has accurate numbers and it almost always gets revised a week later anyway. Still jobless numbers in this country are ultimately going to continue to rise unless we make some very drastic changes that nobody is going to do until we hit rock bottom.

Wingnuts have been talking about "hyper-inflation" for almost 4 years... and yet, rates are still at all time lows... odd how that works. It's almost like they're detached from reality or something.

 

[unregistered]

 

[busybody..]

Wingnuts have been talking about "hyper-inflation" for almost 4 years... and yet, rates are still at all time lows... odd how that works. It's almost like they're detached from reality or something.

inflation

and

rates

have NOTHING TO DO WITH ONE ANOTHER

IDIOT!

 

[richard_daily]

inflation

and

rates

have NOTHING TO DO WITH ONE ANOTHER

IDIOT!

Really?

Nothing?!?

 

[busybody..]

Really?

Nothing?!?

show me

DUMMY!

 

[richard_daily]

show me

DUMMY!

You'll wait.

 

[busybody..]

You'll wait.

you cant!

 

[RobDownSouth]

Especially when the government rigs how inflation is measured.

whether one believes the government has somehow "rigged" inflation statistics is immaterial.

There is a huge difference between garden-variety "inflation" and "hyperinflation". The standard for hyperinflation has always been an inflation rate upwards of 50% per year, and the United States has never come anywhere close to that.

I believe the highest measured inflation rate for a single year was something like 18% in the late 70s, and there was much gnashing of teeth and rending of garments over that.

Here's a spiffy chart of decade-by-decade inflation averages since it tracked beginning in 1913:
http://inflationdata.com/inflation/images/charts/Articles/DecadeInflation.jpg

The US has been blessed by relatively low inflation rates in the last century, no doubt due to electing Democratic Presidents!

 

[unregistered]

 

[garbage can]

The US has been blessed by relatively low inflation rates in the last century, no doubt due to electing Democratic Presidents!

Yup, Democratic President Jimmy Carter, did an admirable job....

 

[busybody..]

OR...

Corpes make MO money with LESS workers.

Robots don't bitch!


No need for laid off line workers.

two yuear back log of houses = no need for residential construction

30% vacancy in comm RE = no comm construction

Gubmenyt brok - no heavy construction - no heavy machinery needs


no work = no money

BUT 'people' need to live somewhere = be a flipper and slum lord

Shiiter Savage

The PROBLEM IS NIGGER


Read this

and DARE tell me we are not in the depths of a NIGGER GRIP

NIGGER HO! and COLOREDCUNT must GO!




Our Ambitious President’s Demonization of Ambition

December 1, 2011 7:54 A.M.

By Jim Geraghty



Tags: Barack Obama, Michelle Obama




Over at Human Events, John Hayward looks at Obama’s speech in Scranton to note the strange phenomenon of a man who has reached the heights of power and wealth through the public sector demonizing those who seek to reach those same heights through the private sector:


There is no longer the slightest pretense of treating government as a dreadful expense to be shouldered by a consenting populace as evenly as possible, to perform a few carefully limited duties. Now you’re supposed to wait for Good King Barack to smile upon your small-business plan and direct one of his many courtiers to cut you a check. Applause for his good intentions is expected, while questions about the grim outcomes are rude, and limits to his discretion are unthinkable.

It’s long past time for Americans to grow up and move past this childish and destructive fantasy. The great majority of people act in the interests of themselves, and their families. They work hard to get ahead. They make investments in the pursuit of reward. The Democrats have no trouble understanding and promoting this when they’re looking to buy votes at $700 a pop . . . but otherwise, they expect us to embrace the highly regimented altruism of limitless “donations” to an angelic government filled with thousands of wise and selfless bureaucrats, whose salaries we are not supposed to envy.

Politics is the worst way to fulfill your self-interest. It’s compulsive, which means it’s destructive. Wealth is quickly shredded in a crossfire of votes from competing interests, seeking to force one another to pay for benefits.

Think back to the 2008 campaign, when Michelle Obama told a group of women at a Zanesville, Ohio, day-care center:


We left corporate America, which is a lot of what we’re asking young people to do . . . Don’t go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse. Those are the careers that we need, and we’re encouraging our young people to do that. But if you make that choice, as we did, to move out of the money-making industry into the helping industry, then your salaries respond.

The Obamas are absolutely convinced that they rose to the top in the morally correct way, and that most of the other folks at the top rose there in a morally tainted way.

 

[koalabear]

you cant!

Looks like his lover rob posted it.

 

[JohnnySavage]

Shiiter Savage

The PROBLEM IS NIGGER


Read this

and DARE tell me we are not in the depths of a NIGGER GRIP

NIGGER HO! and COLOREDCUNT must GO!




Our Ambitious President’s Demonization of Ambition

December 1, 2011 7:54 A.M.

By Jim Geraghty



Tags: Barack Obama, Michelle Obama




Over at Human Events, John Hayward looks at Obama’s speech in Scranton to note the strange phenomenon of a man who has reached the heights of power and wealth through the public sector demonizing those who seek to reach those same heights through the private sector:


There is no longer the slightest pretense of treating government as a dreadful expense to be shouldered by a consenting populace as evenly as possible, to perform a few carefully limited duties. Now you’re supposed to wait for Good King Barack to smile upon your small-business plan and direct one of his many courtiers to cut you a check. Applause for his good intentions is expected, while questions about the grim outcomes are rude, and limits to his discretion are unthinkable.

It’s long past time for Americans to grow up and move past this childish and destructive fantasy. The great majority of people act in the interests of themselves, and their families. They work hard to get ahead. They make investments in the pursuit of reward. The Democrats have no trouble understanding and promoting this when they’re looking to buy votes at $700 a pop . . . but otherwise, they expect us to embrace the highly regimented altruism of limitless “donations” to an angelic government filled with thousands of wise and selfless bureaucrats, whose salaries we are not supposed to envy.

Politics is the worst way to fulfill your self-interest. It’s compulsive, which means it’s destructive. Wealth is quickly shredded in a crossfire of votes from competing interests, seeking to force one another to pay for benefits.

Think back to the 2008 campaign, when Michelle Obama told a group of women at a Zanesville, Ohio, day-care center:


We left corporate America, which is a lot of what we’re asking young people to do . . . Don’t go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse. Those are the careers that we need, and we’re encouraging our young people to do that. But if you make that choice, as we did, to move out of the money-making industry into the helping industry, then your salaries respond.

The Obamas are absolutely convinced that they rose to the top in the morally correct way, and that most of the other folks at the top rose there in a morally tainted way.

It's almost as though she's advocating that we all be a thousand points of light. I'm glad someone like that wasn't elected president.

What regulations that Obama proposed, got through congress and signed are holding back hiring?

Tell me specifically.

I'll wait

 

[busybody..]

It's almost as though she's advocating that we all be a thousand points of light. I'm glad someone like that wasn't elected president.

What regulations that Obama proposed, got through congress and signed are holding back hiring?

Tell me specifically.

I'll wait

non

its by executive order


you dumb clown, you know that

 

[RightField]

From the LA Times today - a different perspective:

Forget what you read on the signs at the local Occupy Whatever City rally. The so-called “99 percent” have never had it so good.

Living standards for poor and middle-class Americans have improved steadily since 1980. Much of this improvement can be credited to the economic growth and tax reforms that provide incentives to invest and work. In a study for the American Enterprise Institute last month, Bruce Meyer of the University of Chicago and James X. Sullivan of the University of Notre Dame examined survey-level data to determine changes in what they call the “material well-being” of the poor and middle class - that is, the Americans in the bottom 20 percent of the income distribution and those in the middle 20 percent.

Much of the literature looks at the income these groups receive - before tax and transfers - to conclude incorrectly that they are worse off today. Mr. Meyer and Mr. Sullivan argue, quite correctly, that pre-tax income doesn’t tell the whole story. For example, a retired couple with substantial assets could have almost no income. Even though they enjoy a very comfortable living, they would be tossed in the “poor” category because they lack income. That’s why Mr. Meyer and Mr. Sullivan concluded that consumption levels are a better measure of how well people are doing.

By this yardstick, even the bottom 10 percent of the population can boast a 54 percent improvement in material well-being between 1980 and 2009. Moving the next rung up the ladder, the 20 percenters live in homes, on average, that are 200 square feet larger. Eighty-three percent have some air conditioning, compared to 41 percent in 1981. In 1981, just 69 percent of those in the bottom 20 percent owned at least one car; in 2009, this number was 76 percent. The cars have more comforts and conveniences - just 47 percent of cars had air conditioning in 1981, compared with 77 percent in 2004.

The middle class - in the strict sense of the word, the middle 20 percent of the income distribution - also has done well over the past almost 30 years. Median income grew by 46 percent. Houses grew bigger, increasing on average by 300 square feet, without adjusting for family size. Central air conditioning increased from 27 percent to 67 percent. Car ownership is at almost 95 percent, with 83 percent of the cars having air conditioning.

The only year consumption fell for the middle class, notably, was 2009 - the year of the Great Recession. That’s no accident. The improvement in the material well-being of the poor and the middle class that Mr. Meyer and Mr. Sullivan documented so thoroughly was the result of economic growth. Some of this economic growth was correlated to tax reforms that reward effort. They identified lower marginal tax rates and the earned income tax credit in particular as major sources of poverty reduction in the long run, but found that non-cash transfer programs, such as food stamps and subsidized housing, don’t do much to improve material well-being.

Ultimately, the best way out of poverty is to have a job, and the best way Congress can help is to set clear ground rules and simplify the tax code to allow the private sector to flourish. That’s the key to improve living standards for everyone.

 

[JohnnySavage]

non

its by executive order


you dumb clown, you know that

What executive order number(s)? I want to educate myself.

I'll wait

 

[JohnnySavage]

He's issued 101 Executive Orders. Point out the one's killing jobs so I can be outraged.

Link