Recession

209,688 Views | 2403 Replies | Last: 5 hrs ago by Jack Bauer
boognish_bear
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D. C. Bear
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FLBear5630 said:

Ok, Donald is a victim. Get it. You got it bad, don't you? You guys talk of the TDS people, but you Trump zealots are just as far out there. Trump is a victim of the press, huh? Nothing really there, right? Got it.


I'm not a Trump guy. I didn't vote for him any of the three times that was an option. I think he is quite crass and moderately corrupt on the scale of corruption in our modern political environment. Nevertheless, he will be out of office soon enough. However, our media system will not be out of office and it is badly broken. There are a number of factors that got it that way and his leaving isn't going to fix it. When politicians lie to the voters in a campaign it is ordinary politics. When journalists lie to the public it is a threat to the fabric of civil society.
whiterock
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The repair is underway.


RD2WINAGNBEAR86
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whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
whiterock
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RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.

RD2WINAGNBEAR86
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whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.



In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
whiterock
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RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.



In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.
RD2WINAGNBEAR86
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whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.



In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
Waco1947
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Farmers, truck drivers, and motorists have been hit hard by the Iran tariff war. Democrats have an opportunity to connect with these voters by offering policies that reduce economic pressure and support working families.
Oldbear83
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Waco1947 said:

Farmers, truck drivers, and motorists have been hit hard by the Iran tariff war. Democrats have an opportunity to connect with these voters by offering policies that reduce economic pressure and support working families.


Democrats have not created policies which help working families in five decades. Don't expect they will start now.
That which does not kill me, will try again and get nastier
boognish_bear
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boognish_bear
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We don't need anything else messing with beef prices

whiterock
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RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.



In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.
False dilemma. No one is advocating NO trade. Arguing for BALANCED trade. Reality is, our trade as a percentage of GDP is traditionally one of the lowest in the world. Reality is, we are among a very, very small number of countries that does not need to trade at all. We could literally make everything we need right here. That's not the most profitable way to do it, of course, but it instructive to recognize that such is possible. We literally planned to run a structural trade deficit to win the Cold War. And we did win the Cold War. Ergo, it makes ZERO sense to continue running structural trade deficits. So we are not going to do it any longer.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.
Trump as alienated no one. They are all investing here, to produce here (rather than building in their own countries and exporting to us). That is EXACTLY the model Reagan used in the 1980's. Japanese auto imports were starting to hollow out Detroit. So he gave Japan an ultimatum = if you want to sell autos here, you need to build autos here....we are not going to let you off-shore all our auto manufacturing jobs. Trump is literally doing hat Reagan did.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Oh, there's butthurt going on, but not from Trump.



You are quite literally lost. You do not have basic understanding of the subject material.
boognish_bear
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boognish_bear
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boognish_bear
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boognish_bear
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RD2WINAGNBEAR86
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whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

RD2WINAGNBEAR86 said:

whiterock said:

The repair is underway.




Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.



In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.
False dilemma. No one is advocating NO trade. Arguing for BALANCED trade. Reality is, our trade as a percentage of GDP is traditionally one of the lowest in the world. Reality is, we are among a very, very small number of countries that does not need to trade at all. We could literally make everything we need right here. That's not the most profitable way to do it, of course, but it instructive to recognize that such is possible. We literally planned to run a structural trade deficit to win the Cold War. And we did win the Cold War. Ergo, it makes ZERO sense to continue running structural trade deficits. So we are not going to do it any longer.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.
Trump as alienated no one. They are all investing here, to produce here (rather than building in their own countries and exporting to us). That is EXACTLY the model Reagan used in the 1980's. Japanese auto imports were starting to hollow out Detroit. So he gave Japan an ultimatum = if you want to sell autos here, you need to build autos here....we are not going to let you off-shore all our auto manufacturing jobs. Trump is literally doing hat Reagan did.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Oh, there's butthurt going on, but not from Trump.



You are quite literally lost. You do not have basic understanding of the subject material.

You are a fine foot soldier for Trump. I don't care to discuss basic economics with you. You don't seem to grasp even the most basic concepts. All you know is to toe the company line. That is fine. You are not alone.

No biggie. Have a good evening.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
boognish_bear
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boognish_bear
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boognish_bear
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Good news…

J.R.
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boognish_bear said:

Good news…



Good News Indeed! Cheeto Jesus has Risen!
boognish_bear
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Jack Bauer
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boognish_bear said:

Good news…




Just In: im announcing that I am sleeping with multiple swimsuit models!!! See how easy it is to make **** up.
 
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