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Newsflash: I am not an economist, but this a'int good

Posted on 3/10/11 at 7:31 pm
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/10/11 at 7:31 pm
But how do you get away with lipsticking this pig
LINK

Here's the thing, when I first brought this to the attention of those on this board, that was , say, shortly after the 2007 crash, maybe in 2008.

So, another newsflash, it's 2011. And according to this, after allllllllllllll we have been through, in this Great Recession Non Depression, we continue to shed hundreds of thousands of jobs prompting Americans to seek unemployment.

And then, the guy in this article speaks of this in a positive light??

That's about as pathetic as speaking of 100 billion being cut of 1 trillion in spending as good. Really not that good. And Republicans are failing miserably in this near negligible cut.

So, is that like getting attacked by a pack of wild dogs, and feeling hopeful about your success to kill a mosquito on your cheek?

How is this figure anything but an incredibly ominous statistic?



Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/10/11 at 7:33 pm to
requested board change, my bad. carry on recruiting gurus, carry on.
Posted by DaStain
Baton Rouge
Member since Dec 2007
2118 posts
Posted on 3/10/11 at 7:34 pm to
5 Star article
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/10/11 at 7:36 pm to
I was on this board checking for new commitments, still at five.
Posted by Tigerbait337
Louisiana
Member since Aug 2008
20535 posts
Posted on 3/10/11 at 7:40 pm to
I've successfully never been to the money talk or poli board, but I feel like you have cheated me out of that. frick you
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/10/11 at 7:45 pm to
you can broaden your horizons!
Posted by Tigerbait337
Louisiana
Member since Aug 2008
20535 posts
Posted on 3/10/11 at 7:47 pm to
Posted by yurintroubl
Dallas, Tx.
Member since Apr 2008
30164 posts
Posted on 3/10/11 at 7:58 pm to
For a moment there I thought the OP was about oversigning.
Posted by memphisplaya
Member since Jan 2009
85827 posts
Posted on 3/10/11 at 8:01 pm to
I thought it was about Arkansas from reading the first sentence.
Posted by Sock
in the middle of nowhere
Member since Feb 2005
437 posts
Posted on 3/10/11 at 8:24 pm to
quote:

How is this figure anything but an incredibly ominous statistic?


since you asked, here goes:

Ominous: of or serving as an omen; esp., having the character of an evil omen; sinister --

I don't know about that,but I do know that 100 billion is 10 percent of 1 trillion. Hey it's a start.

Here's an omen. You and chicken little can rest easy that it's never as bad as it seems. Feel better don'tcha. I bet you're glad you posted here tonight.
Posted by LaBornNRaised
Loomis blows
Member since Feb 2011
11004 posts
Posted on 3/10/11 at 10:47 pm to
quote:

I thought it was about Arkansas from reading the first sentence.


Lipstick this pig had me.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/11/11 at 2:06 pm to
I'll put lipstick on the pig. Keep in mind that you're comparing apples and oranges. Just because the economy overall is getting better doesn't mean everyone is doing better.

For example, if you held down a job but didn't work very productively and got laid off, the company is better off even though life sucks for you.
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/11/11 at 3:38 pm to
agreed, that one's fate is not inherently tied to another's. Those are apples and oranges but I am referencing the nation's economy as a whole.

I have said all along, that just because it is very slightly less bad does not mean that things will become good. How do you connect those dots with objective data or even with time honored projection?

Again, I am speaking of our nation doing better as a whole, not of people with interspersed success and failure.


It just doesn't add up.


This post was edited on 3/11/11 at 9:36 pm
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/11/11 at 9:36 pm to
This post got more responses on the Recruiting Board!!!
Posted by tmoney
Louisiana
Member since Aug 2008
1264 posts
Posted on 3/12/11 at 7:00 pm to
quote:

Just because the economy overall is getting better


You joking right?

Dollar is at historic lows against 5 major currencies. Debt/defecit is at all time highs. inflation is growing. we have to borrow to service the intrest on the money we previously borrowed. Keep rearranging those deck chairs and ignore the ice berg!
Posted by Martavius
Member since Nov 2005
16019 posts
Posted on 3/12/11 at 8:44 pm to
quote:

Dollar is at historic lows against 5 major currencies.

Unless history is 4 months, this is false.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/13/11 at 12:01 am to
Saw a dude[s] in Winnebago's in the Quarter on MG Day last week, apparently the world is ending like May 11th or some shite? IDGAF, St. Patty's in nola makes me not care if it ends tomorrow.

PS I say this while staring down L2 Deriv on my desk. It never ends. Get busy living, or get busy dying.
This post was edited on 3/13/11 at 12:02 am
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 3/13/11 at 12:31 am to
Son of a bitch, I have my end of days scenario planned for 2012. Going to have push everything forward now

Any way we get the end of the world pushed up to before April 15th? Don't feel like paying my taxes this year.
This post was edited on 3/13/11 at 12:33 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/13/11 at 2:11 am to
Dude I'm just trying to help people out. I think there is a practical application here though. I mean, if a slightly out-of-hand deficit is pushing gold/oil this high as is, how you think peeps would react to THE END OF THE WORLD? I'm just saying...there's money to be made...
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/13/11 at 2:14 am to
BTW I filed my taxes in Jan when I got my W-2, told the IRS I was putting 5k in an IRA, took their money and turned it into ~15% gain, for which I will amend my return sometime soon, repay them their 401k deduction portion, and hold on to some cap gains. Tax return arbitrage....

.....boom.


ETA: Apropos, awesome gif:

This post was edited on 3/13/11 at 2:42 am
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