Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-17-2011, 10:44 AM
 
Location: NJ
31,771 posts, read 40,693,520 times
Reputation: 24590

Advertisements

Quote:
Originally Posted by slackjaw View Post
When did the definition of recession have anything to do with Greece? Sure their economic troubles can impact world financial markets but them being in the crapper certainly doesn't provide any proof of the United States being in a recession. Inflation is higher but nowhere near hyper-levels that people predicted.

What are we in recession if there is any negative economic factor anywhere in the world?
i was just responding directly to what that guy said.
Reply With Quote Quick reply to this message

 
Old 06-17-2011, 12:16 PM
 
8,263 posts, read 12,197,191 times
Reputation: 4801
It is an interesting side discussion though, what is the best (or are among the best) indicators of a recession? GDP is a common one, and with that you definitely see the distinct downward spike in 2009.

What about moving ****? As in producing goods to export, and importing goods to buy? Port of LA stats: The Port of Los Angeles | Maritime

TEUs
2005 7.5 million
2006 8.5 million
2007 8.4 million
2008 7.8 million <- oh nooooo!
2009 6.7 million <- oh nooooo!
2010 7.8 million
2011 (up 6.58% so far)
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 10:46 PM
 
6,385 posts, read 11,884,616 times
Reputation: 6874
Quote:
Originally Posted by CaptainNJ View Post
the stuff you said is just wrong. greece is still in the crapper and inflation is everywhere except home values.
High inflation and a recession at the same time? More proof you have little clue what's going on. And Greece? Come on, go to the corner and put your dunce cap on.
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 11:01 PM
 
22,661 posts, read 24,594,911 times
Reputation: 20339
Quote:
Originally Posted by CaptainNJ View Post
i dont understand the double dip thing. when did anything get better? i also dont understand calling it a recession, seems like a depression to me.
Well, we got "phony better" when Big Brother injected quadrillions of dollars of funny money into the economy.

I just see the finances of the USA being built on a house of card.

3rd world status in 20 years......heck yeah.
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 11:05 PM
 
Location: Out in the Badlands
10,420 posts, read 10,827,692 times
Reputation: 7801
Quote:
Originally Posted by Jersied View Post
Not officially speaking, but from a personal opinion point of view, are we still in the "Great Recession"?

How about a double dip recession? A recession after the 2nd Depression?

(just wondering, cause I'm 'hungry' )
Nope....we never got out of the first one thanks to the Regime.
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 11:06 PM
 
24,488 posts, read 41,138,516 times
Reputation: 12920
Quote:
Originally Posted by Pretzelogik View Post
Nope....we never got out of the first one thanks to the Regime.
Are you sarcastic or do you really not understand that we're out of the recession?
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 11:13 PM
 
Location: Out in the Badlands
10,420 posts, read 10,827,692 times
Reputation: 7801
Quote:
Originally Posted by NJBest View Post
Are you sarcastic or do you really not understand that we're out of the recession?
Nope....I don't drink that flavor of Kool-Aid thank you very much!
Reply With Quote Quick reply to this message
 
Old 06-17-2011, 11:25 PM
 
24,488 posts, read 41,138,516 times
Reputation: 12920
Quote:
Originally Posted by Pretzelogik View Post
Nope....I don't drink that flavor of Kool-Aid thank you very much!
I don't even know what that means.
Reply With Quote Quick reply to this message
 
Old 06-18-2011, 04:09 PM
 
15,446 posts, read 21,352,256 times
Reputation: 28701
Quote:
Originally Posted by GraniteStater View Post
Also, the state, the way it is currently structured, has to have consistenly high levels if economic growth just to keep up with extremely rapid population growth.
Yes, that's the sword that cuts both ways in Texas.
Reply With Quote Quick reply to this message
 
Old 06-24-2011, 09:00 PM
JRR
 
Location: Middle Tennessee
8,165 posts, read 5,659,209 times
Reputation: 15703
Quote:
Originally Posted by Vegas Joe View Post
The unemployment numbers are bad but the real story is even worse. Most of the new jobs that have come are in temporary services. Few, if any, employers are adding permanent positions. Many of the temp jobs are only part time and don't pay that well either.
I guess that my company is one of the few, as it has been slowly adding jobs over the last year and recently expanded into another small building because of the need for more room. And these are good paying jobs with excellent benefits. The company in another building that we share a parking garage with must be doing OK as I now have to park on a higher deck than I did a year ago because of the increased number of cars.

Granted that the economy isn't booming, but could it be that things aren't quite as dire as the media and the opposition politicians would make it appear? It sometimes seems that there are people rooting for the country to go down in flames so that they would have the satisfaction of being able to stand amid the rubble and say "See, I told you so!"
Reply With Quote Quick reply to this message
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top