People who say the recovery since 2008 has been a false recovery? (debt, jobs)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Why stop there with your fallacy? Why not say we haven't recovered since the Great Depression of 1929? We no longer have manufacturing jobs. It's just been a "False Recovery". All jobs since haven't been real jobs.
When the time comes we will see if we have really recovered or not.
Moderator cut: .Since 1929 our national debt has gone up several hundred percent higher. This is a debt fueled bubble. In fact during WW2 our national debt was 300% or more of GDP. This is just a bubble.
Last edited by yellowbelle; 02-16-2016 at 08:45 AM..
Reason: orphaned - quoted text moderated and the reply has been also removed
I think with QE and zero rates the FED gave us a hall of mirrors.
To see beyond that we need at least normalized rates and good old fashioned monetary policy.
Only then we can find out if we have recovered.
The job programs and social security administration has just been smoke and mirrors. We need to bring back manufacturing jobs and only then can we find out if we have recovered.
The job programs and social security administration has just been smoke and mirrors. We need to bring back manufacturing jobs and only then can we find out if we have recovered.
I'm worried about debt mostly.
With very little to zero growth it's gonna be difficult.
Our growth since the Great Depression has been fabricated. It's all a conspiracy.
Yeah that's what i'm talking about.
You're trolling and they let you in this board.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.