Here Comes the Recession

#126
#126
MontyPython said:
Good points. Trump threw gas on the fire by giving himself and fellow million/billion aires a tax cut. During such economic expansion we should be paying down / reducing our national debt, yet Trump runs the largest budget deficit in history.

Elect a debt king / go in debt / declare bankruptcy.

Yeah, sounds about right. Thanks, Donald.
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LOL
 
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#128
#128
lawgator1 said:
You expect an economic expansion based on artificial mechanisms and that has benefited the wealthiest by a factor of 5 to 1 over everyone else to continue forever?

What an idiot.
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Of course it benefitted the wealthiest the most! It’s simple math! Heyseuss Christmas dude! Do you not understand simple math? I’m not wealthy, but it’s benefitted me greatly too and I couldn’t give two s**ts that those with more than me did even better. It’s SUPPOSED to work that way.
 
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#130
#130
MontyPython said:
Good points. Trump threw gas on the fire by giving himself and fellow million/billion aires a tax cut. During such economic expansion we should be paying down / reducing our national debt, yet Trump runs the largest budget deficit in history.

Elect a debt king / go in debt / declare bankruptcy.

Yeah, sounds about right. Thanks, Donald.
Click to expand...


Yeah man, he started the fire. That’s genius.
 
#131
#131
InVOLuntary said:
I don't know how many people actually work in the real world. All I can do is speak for myself. The economy is working exactly as it should. Unemployment is so low anyone that really wants to work has a job. Just 2-3 years ago I could find carpenters, decent carpenters for $16/hr, easily. I get laughed at if I offer $16/hr. Same with electricians, welders, HVAC techs, virtually anyone with the slightest amount of skill. It's called supply and demand. The demand is currently greater than the supply driving up labor cost. My labor costs have jumped by at least 20-30% in the last two years.
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Vote for Bernie.
 
#133
#133
BowlBrother85 said:
It should be easy for everyone to see that we are in an overheated economy right now. A significant sign of an overheated economy is an unemployment rate that is below the normal rate for a country. Ideally, full employment should be great news, but full employment also means higher inflation since everyone who needs a job, has a job, with money to spend. In every recession since World War II, the unemployment rate fell below 5% in the years immediately preceding the period in question. The Congressional Budget Office estimates that the unemployment rate has varied between 4.7% and 6.3% since World War II. The unemployment rate is currently at 3.6%. There are also indicators of abnormally high levels of consumer confidence right now and a stock market (asset) bubble. Throw in the compounding problem of government deficit spending, and there will be a recession. It's just a matter of when... it won't be tangible to the public for about two years, in my opinion, but it's going to happen. Every indicator is there.
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Bold prediction there Cotton
 
#134
#134
McDad said:
What is this mention in a political article???
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The VN political forum got mentioned in an article by Breitbart maybe? One of the right leaning psuedo sites anyway. But with enough name recognition to be impressive our band of whackos got recognized.

I know @Freak got @ here and commented on it. Maybe he has it book marked.

Dont remember the subject of the article except that it was something that wasnt widely accepted at the time. But maybe proved later? But could be completely wrong.
 
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#135
#135
MontyPython said:
Good points. Trump threw gas on the fire by giving himself and fellow million/billion aires a tax cut. During such economic expansion we should be paying down / reducing our national debt, yet Trump runs the largest budget deficit in history.

Elect a debt king / go in debt / declare bankruptcy.

Yeah, sounds about right. Thanks, Donald.
Click to expand...
He gave me a tax cut too. Probably you as well. The ones that didn't get cuts were those that don't pay anyway. But you know that.


I won't cry for you, Argentina
 
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#138
#138
0nelilreb said:
Too much of anything and people start tuning out , you guys should know this by now . You’ve had 4 years to learn that lesson . Bloomberg’s ads has already started to annoy people , he went way overboard and saturated everything .
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I think the American people are more tired of Trump acting like a toddler. I’ll role the dice on the YouTube ads.
 
#144
#144
tvolsfan said:
Imagine believing this.
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You imagine a lot . I’m telling you they are and they bother the p!ss out of me . I’ve heard and seen others saying the same thing . When you overdo something it loses its appeal and value . The whole point of his ads is to speak to the voters . I’m a voter and it’s turning me off of any message he wants me to hear simply because it’s on everything I watch .
 
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#145
#145
LouderVol said:
The VN political forum got mentioned in an article by Breitbart maybe? One of the right leaning psuedo sites anyway. But with enough name recognition to be impressive our band of whackos got recognized.

I know @Freak got @ here and commented on it. Maybe he has it book marked.

Dont remember the subject of the article except that it was something that wasnt widely accepted at the time. But maybe proved later? But could be completely wrong.
Click to expand...
Very interesting. Even kinda cool in a way. Thanks for sharing the deets.
 
#149
#149
MontyPython said:
Good points. Trump threw gas on the fire by giving himself and fellow million/billion aires a tax cut. During such economic expansion we should be paying down / reducing our national debt, yet Trump runs the largest budget deficit in history.

Elect a debt king / go in debt / declare bankruptcy.

Yeah, sounds about right. Thanks, Donald.
Click to expand...
Debt is going down as a percentage of GDP.
 
#150
#150
lawgator1 said:
I confess. I am bothered by billionaires paying off legislators and presidents so as to evade taxes.
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Does it also bother you that a billionaire could buy his way ont the national debate stage just by donating to the DNC so they would change their rules for him ? Just curious . It doesn’t Luther so I was wondering how many more think that was the fair thing to do .
 
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