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Old 12-21-2013, 08:14 AM
 
Location: Portland, OR
8,802 posts, read 8,898,352 times
Reputation: 4512

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See what happens when government get's out of the way? See what happens when there's a government shut down?

I think we can put to rest the left fallacy that cutting spending leads to recession. I think it's time for that 10% haircut across all departments that I think everyone can agree on...
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Old 12-21-2013, 08:18 AM
 
Location: Fort Myers Fl
2,305 posts, read 3,028,838 times
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If you believe there was 4.1% GDP growth in the USA you are reading the wrong news sources.
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Old 12-21-2013, 08:22 AM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by thebigr View Post
If you believe there was 4.1% GDP growth in the USA you are reading the wrong news sources.
oh there was.. the problem of course being that just having GDP growth, doesnt mean we're getting better..

The nations economy is about $13T a year, the Fed is pumping in $1T of it, or about 7.7% a year...

and we're growing at 4.1%.

Can liberals tell me why we arent growing at at least 8% a year considering whats being pumped into it?
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Old 12-21-2013, 08:23 AM
 
Location: Syracuse, New York
3,121 posts, read 3,096,310 times
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Quote:
Originally Posted by VTHokieFan View Post
See what happens when government get's out of the way? See what happens when there's a government shut down?

I think we can put to rest the left fallacy that cutting spending leads to recession. I think it's time for that 10% haircut across all departments that I think everyone can agree on...

Yiu do realize that was for the third quarter and the shutdown began at the start of the fourth quarter?
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Old 12-21-2013, 08:25 AM
 
69,368 posts, read 64,108,083 times
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Originally Posted by SyraBrian View Post
Yiu do realize that was for the third quarter and the shutdown began at the start of the fourth quarter?
So what are you expecting the 4th quater results to be?
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Old 12-21-2013, 08:26 AM
 
4,176 posts, read 4,670,550 times
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Quote:
Originally Posted by pghquest View Post
Can liberals tell me why we arent growing at at least 8% a year considering whats being pumped into it?
Umm...because they aren't just air-dropping dollar bills over Times Square. Most of that money goes to banks, who, for one reason or another, aren't lending it.

http://www.npr.org/2013/12/17/251796...llion-question
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Old 12-21-2013, 08:29 AM
 
Location: Syracuse, New York
3,121 posts, read 3,096,310 times
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Originally Posted by pghquest View Post
So what are you expecting the 4th quater results to be?
Don't know. I'm not an economist. I just think it's shifty to credit growth on something that hadn't happened yet.
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Old 12-21-2013, 08:30 AM
 
Location: Portland, OR
8,802 posts, read 8,898,352 times
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Quote:
Originally Posted by pghquest View Post
So what are you expecting the 4th quater results to be?
Probably the same. Holiday spending....
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Old 12-21-2013, 08:31 AM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by Globe199 View Post
Umm...because they aren't just air-dropping dollar bills over Times Square. Most of that money goes to banks, who, for one reason or another, aren't lending it.
Wrong

Banks are buying t bills at record levels with that money, and we all know from listening to liberal kooks that money to the government stimulates.. Heck, we've learned that money to the government stimulates more than a 1 for 1 ratio, so using that argument, we should be growing around 15% a year
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Old 12-21-2013, 08:33 AM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
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Originally Posted by SyraBrian View Post
Don't know. I'm not an economist. I just think it's shifty to credit growth on something that hadn't happened yet.
I'm pretty sure that people new by September that the government was shutting down October 1st, and started preparing for it. I dont know, call me a realist, but I dont think it came as a shock to anyone that it was scheduled.
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