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Originally Posted by wig
Some things are indirectly affected. Of course, oil has recently dropped $15, erasing all its gains since mid February.
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Gas prices are still up
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The part you are missing is that commodity prices are not completely at the mercy of fuel prices or the US$. They are affected by disease, weather and other factors that affect supply and demand
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I understand that, but heavier shipping costs don't help
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And, the fact that you have not addressed my explanation for why energy prices were so low in 2009 is noted for the silent concession that it is (unless you want to argue differently).
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Until someone realized they needed to pay for oil spill
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Perhaps sooner, but I'm not sure what that has to do with the discussion other than to identify the prospects of not having done so.
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It's just one more thing that I disagree with, the reform that was shoved thru with partisan support, and I doubt it will work
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I don't get the impression you fully understand this. That's okay, the majority of the population doesn't either.
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And I really doubt the politicians that did the reform understand it either
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Well, I guess I could just call you names and use strawman arguments. But, unlike you, I've just stuck to the facts.
If by blasting you it simply means that I'm not arguing from ignorance then so be it. I've tried to explain it, but you have mental earmuffs on.
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I made a general statement, you went on and on
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I do feel differently, but it's not because of the items you added here. I don't dispute what you've said here except for the idea that the stimulus didn't work.
I guess since you don't really understand economics and where we were in 2008-9, anything short of 5% GDP growth, 5% unemployment, $1.79 gas, world peace and no one on food stamps seems a failure. This is simpleton thinking, of course.
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Take a look at history, Reagan had the same problem and handled it differently, and it worked
inflation from 12.5 to 4.4
unemployment from a high of 10.8% to 5%
and had a growth of gdp of 3.85% on average a year
So don't tell me it can't be done
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The reality is, you are just a partisan hack as your posts clearly illustrate. Why don't you try learning some economics so you can argue these points intelligently?
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I don't give a rats ass about one side over the other, I just don't like when the government takes something over.
I have a common sense question for you, when the government has less to spend, because of people out of work, why would the government think its a good time to increase spending by adding more entitlements?