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.
I think you statement clearly shows that you are not a "realist".
I suspect you watch too much TV and surf too many Right Wing wacko survivalist websites. I'm an old fart and I've seen your type of sentiment expressed by the fringes of our society my whole life - and nothing ever comes of it (and nothing will now either).
Ken
we have never had deficits this high before, that and manufacturing is leaving this country, that and Obama wants socialism or he would be doing what is right and not just throwing out tax money around in these stupid bail outs and people and companies still go bankrupt, so tell me how this is working?
As a percentage of the GDP the deficit was MUCH higher in WWII than it is now (nearly twice as much). In 1944 (when government deficit spending reached it peak) the US goverment was directly responsible for a third of all spending in the country (and indirectly responsible for more than HALF). It was also higher late in WW I (and immediately afterwards. while in total dollars your statement about the deficit is correct, in relation to the total size of the US economy you are DEAD wrong.
Your statement about manufacturing leaving is correct - but that's hardly Obama's doing - that's been the trend for a couple of decades now and is a direct result of the rest of the world modernizing.
Quote:
Originally Posted by FLIGHTSIMMER
Obama wants socialism or he would be doing what is right and not just throwing out tax money around in these stupid bail outs
The bullsh*t statement about Obama being a socialist is simply ignorance about what "Socialism" even is - let alone what Obama is DOING. The government did what was necessary to avert an even worse economic collapse, and it's already started divesting itself of many of the banks etc that it took over (hardly the actions of some determined to push the country into "socialism") and more of these assets will be given up as the recovery proceeds.
Quote:
Originally Posted by FLIGHTSIMMER
people and companies still go bankrupt, so tell me how this is working?
If you'd open your eyes, you'd see how it's working. As I've said over and over and over again there's LOTS of signs of a turnaround - house prices stable and rising, job cuts easing (they peaked in January), the stock market soaring, more and more companies raising both their profit and SALES outlook, etc, etc, etc. The fact that you may choose to IGNORE these facts is more indicative of your frame of mind and predjudices than than the reality of the situation.
Are there still challenges ahead?
Heck yeah - but so far, so good - and we will get through the remaining challenges just as we've gotten through the past ones.
Ken
Last edited by LordBalfor; 09-11-2009 at 11:34 AM..
The Federal Reserve issued a statement saying that the worst is over, and that the economy is improving, so I think we've yet to see the worst. The economy is most likely to decline further in the near future.
The Federal Reserve issued a statement saying that the worst is over, and that the economy is improving, so I think we've yet to see the worst. The economy is most likely to decline further in the near future.
It's not just the FED saying that.
Many private companies are also saying the same thing - as are the governments of virtually every country around the world.
Uh, what about this one: We were never in a recession. It is all propoganda. The timing of it all is not a coincidence. Now, this has nothing to do with the way I voted. It's about the media. No sooner than we get a new President, they start telling us we're coming out of the recession and the worst is behind us. I'm not saying I dislike Obama or anything about him in particular. But I believe it's all planned out very meticulously. I mean, there are always ups and downs, and some things may have gone down, but others went up. The housing prices are down. Ok.....that enabled many to be able to afford a home that wouldn't have been able to before. The price of milk went up. Ok, but the price of computers and cars went down. Gas went up? Actually, it went up and down and up and down. Jobs? Our family lost and got two jobs during this whole "recession." Which means the are easy enough to come by. Tomatoes, tomahtoes.
Uh, what about this one: We were never in a recession. It is all propoganda. The timing of it all is not a coincidence. Now, this has nothing to do with the way I voted. It's about the media. No sooner than we get a new President, they start telling us we're coming out of the recession and the worst is behind us. I'm not saying I dislike Obama or anything about him in particular. But I believe it's all planned out very meticulously. I mean, there are always ups and downs, and some things may have gone down, but others went up. The housing prices are down. Ok.....that enabled many to be able to afford a home that wouldn't have been able to before. The price of milk went up. Ok, but the price of computers and cars went down. Gas went up? Actually, it went up and down and up and down. Jobs? Our family lost and got two jobs during this whole "recession." Which means the are easy enough to come by. Tomatoes, tomahtoes.
Tell that to the millions who lost their jobs since the Recession began back in December of 2007.
Yeah.
What's your point?
Your post was silly - and unreflective of the reality of the past 2 years.
Ken
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.
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.
there's LOTS of signs of a turnaround - house prices stable and rising, job cuts easing (they peaked in January), the stock market soaring, more and more companies raising both their profit and SALES outlook, etc, etc, etc. The fact that you may choose to IGNORE these facts is more indicative of your frame of mind and predjudices than than the reality of the situation.
