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-   -   Are we better off than we were 2 years ago? (https://gfy.com/showthread.php?t=1021431)

bushwacker 05-09-2011 01:44 PM

The ownage in this thread is epic. :1orglaugh

wig 05-09-2011 01:58 PM

It's like trying to explain to a small child that the moon really isn't following him.

Vendzilla 05-09-2011 02:00 PM

Quote:

Originally Posted by alessergod (Post 18121191)
I am not contesting the luck and hard work as only you would know the truth of those issues. However, when you say not because of the leadership you are making a big leap. Just for the sake of argument, suppose McCain/Palin won and did not enact the stimulus and tax cuts and the economy went into the toilet worse than it is now. In that case your pure luck and hard work may not have mattered and you would be truely worse off. The leadership issue is too relative.

The democrats are always fond of saying that the stimulus saved millions of jobs from being lost, please show proof, they can't, but you can't disprove it either.


And the thread is not entitled are you better, it's are "WE" better off.

I just see 14.3% on food stamps in the US and I'm not happy when we are spending millions using drones in Pakistan

Vendzilla 05-09-2011 02:01 PM

Quote:

Originally Posted by wig (Post 18121226)
It's like trying to explain to a small child that the moon really isn't following him.

And you keep debating one sentance, why is that?

alessergod 05-09-2011 02:14 PM

Quote:

Originally Posted by Vendzilla (Post 18121231)
The democrats are always fond of saying that the stimulus saved millions of jobs from being lost, please show proof, they can't, but you can't disprove it either.


And the thread is not entitled are you better, it's are "WE" better off.

I just see 14.3% on food stamps in the US and I'm not happy when we are spending millions using drones in Pakistan

Exactly my point, it can't be proved or not. I was just using your story as an example, not singling you out. I'm sure there are many more people in the same situation.

I agree with you on the drones in Pakistan, think we should bring as many of our troops as possible out of the whole region. But i think with all the natural resources especially those found in Afghanistan we will be there awhile.

wig 05-09-2011 02:18 PM

Quote:

Originally Posted by Vendzilla (Post 18121233)
And you keep debating one sentance, why is that?

I'm not. We keep going in circles on your sentence because (based on your last defense) you expect people to know what you meant, rather than what you typed.

Also, the particular point of gas prices goes beyond the mere meaning of one sentence. You use it in the OP to provide an example of things being worse.

I've tried -- quite patiently I think -- to help you understand that you have that exactly backwards.

You have already shown your true reason for the thread.

I doubt this comes as a surprise to anyone who reads your posts, but politics aside, "we" are definitely better off without having experienced a collapse of the world credit markets and a deflationary depression, and I don't know a single intelligent person who thinks otherwise. Neither Bush nor Obama did, which is why they both moved quickly to backstop the collapse.

Of course, that is not to say that I'm happy about what this has all come to. "We" face tough times and it won't be easy sailing ahead. I personally think it will get worse, but that's beside the point.

pornguy 05-09-2011 02:23 PM

Saw posted some place the other day that the number of Job openings almost doubled this month and the number of un-employed went up at the same time.

Sounds to me like a lot of people should be willing to work when they can rather than hold out for that rocket scientist job.

Vendzilla 05-09-2011 02:25 PM

Quote:

Originally Posted by alessergod (Post 18121275)
Exactly my point, it can't be proved or not. I was just using your story as an example, not singling you out. I'm sure there are many more people in the same situation.

I agree with you on the drones in Pakistan, think we should bring as many of our troops as possible out of the whole region. But i think with all the natural resources especially those found in Afghanistan we will be there awhile.

Yeah, lithium being the strongest reason.

http://www.nytimes.com/2010/06/14/wo...4minerals.html

It's just that most that voted for Barry were tired of the wars that Bush started , now we are shooting in 2 more countries

PornoMonster 05-09-2011 03:59 PM

Quote:

Originally Posted by Vendzilla (Post 18121314)
Yeah, lithium being the strongest reason.

It's just that most that voted for Barry were tired of the wars that Bush started , now we are shooting in 2 more countries

Yep, most people I know voted for him for that exact reason.

marlboroack 05-09-2011 04:00 PM

Better use protection every time these day's, AIDS is also up 9% this year.

Vendzilla 05-09-2011 04:44 PM

Quote:

Originally Posted by wig (Post 18121292)
I'm not. We keep going in circles on your sentence because (based on your last defense) you expect people to know what you meant, rather than what you typed.

Also, the particular point of gas prices goes beyond the mere meaning of one sentence. You use it in the OP to provide an example of things being worse.

I've tried -- quite patiently I think -- to help you understand that you have that exactly backwards.

You have already shown your true reason for the thread.

I doubt this comes as a surprise to anyone who reads your posts, but politics aside, "we" are definitely better off without having experienced a collapse of the world credit markets and a deflationary depression, and I don't know a single intelligent person who thinks otherwise. Neither Bush nor Obama did, which is why they both moved quickly to backstop the collapse.

Of course, that is not to say that I'm happy about what this has all come to. "We" face tough times and it won't be easy sailing ahead. I personally think it will get worse, but that's beside the point.

Quote:

Are you? did you figure in inflation, thats double considering gas prices

this is what I wrote, this is what I meant

If the prices of fuel keep going up, what happens to the prices of everything else?

Yes, the government stepped in and saved the banks, I'll bet it happens again in the next 20 years

You haven't shown any patience, you have just blasted me for thinking differently from you, wow!!

I don't think with a trillion dollars spent on stimulus and cash for clunkers that really didn't work IMHO and shooting people in 4 countries and 14.3% of the nation on food stamps and hovering at 9% or higher unemployed we are doing better.

You feel differently, good for you

Vendzilla 05-09-2011 04:45 PM

Quote:

Originally Posted by PornoMonster (Post 18121561)
Yep, most people I know voted for him for that exact reason.

and after some time in office they reversed their feelings by the vote last Nov, wonder if he listened?

wig 05-09-2011 05:57 PM

Quote:

Originally Posted by Vendzilla (Post 18121650)
this is what I wrote, this is what I meant

"did you figure in inflation, thats double [considering it doesn't matter]"

This means inflation is double. That's what you wrote. Read what you wrote and stop after "that's double". English is your first language, right?

Quote:

If the prices of fuel keep going up, what happens to the prices of everything else?
Some things are indirectly affected. Of course, oil has recently dropped $15, erasing all its gains since mid February.

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.

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).

Quote:

Yes, the government stepped in and saved the banks, I'll bet it happens again in the next 20 years
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.

I don't get the impression you fully understand this. That's okay, the majority of the population doesn't either.

Quote:

You haven't shown any patience, you have just blasted me for thinking differently from you, wow!!
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.

Quote:

I don't think with a trillion dollars spent on stimulus and cash for clunkers that really didn't work IMHO and shooting people in 4 countries and 14.3% of the nation on food stamps and hovering at 9% or higher unemployed we are doing better.

You feel differently, good for you
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.

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?

The Demon 05-09-2011 06:47 PM

Quote:

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?
Show me someone on this forum who ISNT a partisan hack.

Vendzilla 05-09-2011 08:26 PM

Quote:

Originally Posted by wig (Post 18121862)

Some things are indirectly affected. Of course, oil has recently dropped $15, erasing all its gains since mid February.

Gas prices are still up
Quote:

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
I understand that, but heavier shipping costs don't help
Quote:

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).
Until someone realized they needed to pay for oil spill

Quote:

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.
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
Quote:

I don't get the impression you fully understand this. That's okay, the majority of the population doesn't either.
And I really doubt the politicians that did the reform understand it either

Quote:

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.
I made a general statement, you went on and on

Quote:

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.
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
Quote:

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?
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?

tony286 05-09-2011 09:23 PM

Reagan tripled the deficit and the jobs arent coming back.they been shipping them overseas for awhile now.We have lost over 50 thousand factories in the past ten yrs alone. I dont care who is president, plan on 8 percent uniemployment being the new normal. Also all that prosperity was an illusion wages have been flat since reagan and cheap credit gave the illusion of doing better than one was truly doing. Clinton signed nafta that was the final nail in the coffin.

Vendzilla 05-09-2011 09:41 PM

Quote:

Originally Posted by tony286 (Post 18122226)
Reagan tripled the deficit and the jobs arent coming back.they been shipping them overseas for awhile now.We have lost over 50 thousand factories in the past ten yrs alone. I dont care who is president, plan on 8 percent uniemployment being the new normal. Also all that prosperity was an illusion wages have been flat since reagan and cheap credit gave the illusion of doing better than one was truly doing. Clinton signed nafta that was the final nail in the coffin.

Tony, you and I agree about Nafta and disagree about Reagan.

I think what Reagan started was mishandled after he left.

I still think with good leadership we could do better, I believe in change, just not what Barry promised and didn't deliver

wig 05-10-2011 12:33 AM

Quote:

Originally Posted by The Demon (Post 18121986)
Show me someone on this forum who ISNT a partisan hack.

I'm more interested in making the right economic / market decisions than expressing political ideologies, which is why you never see me expressing any.

I also believe that while there are differences between political parties, they are more similar than they are different.

And I believe there are forces at work that impact economics / markets that are greater than who's in power, and by "forces" I don't mean specific people, groups, corporations or governments.

wig 05-10-2011 01:03 AM

Quote:

Originally Posted by Vendzilla (Post 18122156)
Gas prices are still up

I understand that, but heavier shipping costs don't help

Until someone realized they needed to pay for oil spill



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

And I really doubt the politicians that did the reform understand it either


I made a general statement, you went on and on



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


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?

Seriously, I find it hard to believe you are having a hard time understanding the energy price issue.

Oil went to $140 in 2008. From that high it collapsed to under $40 within about 8 months. It didn't fall that hard because GWB had success with energy policy or because of the Oil spill (which didn't occur until 2010). Oil is currently trading at 101.66 basis the June contract. NOW.... Read carefully... It fell because the financial system was about to collapse and deflation was rearing its' head.

It's also hard to believe that you don't understand what would have happened if Bush and Obama, et al (and the FED) did not rush to backstop the system once it started imploding. Regardless of why or who's fault it was or what the antecedent causes that led up to all this were.... What do YOU think was going to happen if nothing was done?

Reagan did not have the same problem. Not only was it the complete opposite economic situation, it wasn't anywhere close to as large a problem / danger. Again, you just seem to have no grasp of economics or the direness of the situation. Your appeal to "look at history" here illustrates that you are arguing from ignorance.

There are a lot of people who argue against Keynesian economics, but I think you have to separate the model from how it's been applied. So in simple terms.... In theory, you are supposed to save when times are good and spend when times are bad. Fiscal (spending) and monetary policies would be used to smooth out what are normal cycles in economic conditions. The problem is that politicians (Republicans or Democrats) have been piss poor at the "saving when times are good" part. And, one could argue that the FED has been too aggressive with monetary policy, although they probably were in reality simply living up to their mandate. That's another debate.

The answer to your question is that if they don't "re-prime the pump", the economy is more likely to slip back into DEFLATION (the problem being faced in 2008 as opposed to 1980) and -- here's the important part -- this would be magnitudes of orders worse than what we have now. IOW, the Great Depression on steroids.

PornoMonster 05-13-2011 02:45 PM

http://money.cnn.com/2011/05/13/news....htm?iid=HP_LN

Rochard 11-11-2013 09:20 PM

Gas is getting cheap again!

http://money.cnn.com/2013/11/11/news...html?hpt=hp_t2

Rochard 11-11-2013 09:22 PM

Quote:

Originally Posted by Vendzilla (Post 18113658)
Unemployment just went back to 9% last month
http://www.huffingtonpost.com/2009/0..._n_212420.html

We were shooting people in two countries, now we are shooting people in four

Overall, according to the U.S. Treasury, the federal debt increased by $3,646,116,554,704.36 between Jan. 20, 2009, when Obama was inaugurated, and April 13, 2011, when he gave a major speech announcing a plan to deal with the debt.

Average gas price when Barry took office in the US was 1.79, now it's above $4 where I live.


No opinions here, just facts

No opinions here, just facts.

Unemployment is down to 7.3%.

http://yourmoney.blogs.cnn.com/2013/...iref=allsearch

Rochard 11-11-2013 09:24 PM

Quote:

Originally Posted by Vendzilla (Post 18121650)

If the prices of fuel keep going up, what happens to the prices of everything else?

Gas goes up, gas goes down. Right now it's going down.

Seems to be cheaper than when Bush left office, so that's a good thing.

Rochard 11-11-2013 09:26 PM

Quote:

Originally Posted by Vendzilla (Post 18116882)
Been tested 3 times, way above average, that's how I concluded yours, do you even know the mathamatical equation for figuring out IQ?

Yet you can't debate to save your life.

Quote:

Originally Posted by Vendzilla (Post 18116882)
14.3% of US citizens recieve food stamps
http://blogs.wsj.com/economics/2011/...e-food-stamps/

Did you even read the article? The article states why so many people are on food stamps.

I'll give you a hint... It's not because of the current administration.


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