- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Where is the Economic Meltdown?
Posted on 8/1/14 at 2:14 pm
Posted on 8/1/14 at 2:14 pm
All I heard for years is how quantitative easing, stimulus, and Obama's radical leftist agenda was going to "bankrupt" the country and how we were going to fighting in the streets for the last can of Beefaroni. Now that the stock market has rebounded, unemployment numbers are down, home buying is up as is consumer confidence and spending all I hear is that the recovery is "in spite" of Obama.
But I stockpiled Beefaroni and .223! What am I going to do with all this now!!?!
But I stockpiled Beefaroni and .223! What am I going to do with all this now!!?!
25
Posted on 8/1/14 at 2:15 pm to AUbused
Death Panels, brah.
Posted on 8/1/14 at 2:15 pm to AUbused
Yeah, where's that run-away inflation everybody has been talking about?
Posted on 8/1/14 at 2:23 pm to a want
Will someone please buy some of this shite?
My wife is pissed because all we own is gold coins, bottled water, Beefaroni and .223.
My wife is pissed because all we own is gold coins, bottled water, Beefaroni and .223.
This post was edited on 8/1/14 at 2:24 pm
Posted on 8/1/14 at 2:25 pm to a want
I remember when Americans making more money year after year was the norm. Those were the days. But alas, my money goes nowhere near as far as it did 6 years ago and better jobs are hard to find.
I hope the millenials enjoy the new shite norm they're being served.
I hope the millenials enjoy the new shite norm they're being served.
Posted on 8/1/14 at 2:32 pm to AUbused
(no message)
This post was edited on 8/10/14 at 12:17 pm
Posted on 8/1/14 at 2:34 pm to TigerLicks
quote:
TigerLicks
Why chose 6 years as your frame of reference? You could have stated 7, 8, 9..... all would have been true (maybe, depending on how you couch it to suit your agenda).
Posted on 8/1/14 at 2:34 pm to AUbused
quote:
All I heard for years is how quantitative easing, stimulus, and Obama's radical leftist agenda was going to "bankrupt" the country and how we were going to fighting in the streets for the last can of Beefaroni. Now that the stock market has rebounded, unemployment numbers are down, home buying is up as is consumer confidence and spending all I hear is that the recovery is "in spite" of Obama. But I stockpiled Beefaroni and .223! What am I going to do with all this now!!?!
I'd be holding on to that stuff if I were you, AU. We all realized that nothing would happen as long as the NEGATIVE EFFECTS of QE didn't kick in. Hell, a credit card binge is a ton of fun; it's when the economy shrinks and the card debt is due that is a bitch.
Keep in mind...a single point rise in interest rates is DOUBLE the debt trouble that is used to be pre-Obama.
BTW...I do hope the economy can stand on it's own without QE; we'll find out soon enough. And I can guarantee you that that Beefaroni has doubled in price. You took it to the bank, bro. Thank Glenn Beck.
Posted on 8/1/14 at 2:35 pm to bigblake
quote:
The DOW is 20,000 and unemployment is 4.5% in the parallel universe where Obama isn't president.
And Russia is a friendly neighbor, Islam a peaceful religion, N. Korea flourishing financially, Iran is NOT seeking nukes.........
Posted on 8/1/14 at 2:37 pm to AUbused
I must have dozed off and had a dream that some idiot was doing victory laps about our feeble economic performance.
Oh, nope. Turns out I wasn't dreaming. Thread assessment:
Oh, nope. Turns out I wasn't dreaming. Thread assessment:
Posted on 8/1/14 at 2:38 pm to RCDfan1950
quote:
I'd be holding on to that stuff if I were you, AU.
I would invest in a well balanced portfolio. But you guys do as you like.
Posted on 8/1/14 at 2:38 pm to AUbused
Ugh.
GDP growth is around 2% under Obama (not counting the recession). That is below the long-term average of 3+%. Coming out of a recession it should be even higher. Don't know why you think unemployment is better.
Inflation won't be a problem until the economy actually heats up. Obama's incompetence on the economy is actually helping to fight inflation.
But I just assume that some day the economy will really take off. That is when you will see the inflation bomb go off.
GDP growth is around 2% under Obama (not counting the recession). That is below the long-term average of 3+%. Coming out of a recession it should be even higher. Don't know why you think unemployment is better.
Inflation won't be a problem until the economy actually heats up. Obama's incompetence on the economy is actually helping to fight inflation.
But I just assume that some day the economy will really take off. That is when you will see the inflation bomb go off.
Posted on 8/1/14 at 2:38 pm to AUbused
So, because it hasn't happened in there last little while, it's impossible? Do you know anything about QE? Do you know anything about the sustainability of domestic economic policies or the ever-expanding roll of entitlement recipients? Do you have any Roller Coasters. I miss those.
Posted on 8/1/14 at 2:41 pm to AUbused
It always looks good up until the moment. Think of the difference between '29 and '30.
Posted on 8/1/14 at 2:42 pm to AUbused
Stupid, propaganda believing dumb, POS.
Over 90 million Americans or out of the workforce, only 61.7 percent of the qualified workforce have jobs.
Companies are hiring mostly partime workers at 20-30 hours a week, meaning for all dummies who can't think for themselves, that for every job now being created it takes 2 jobs to get a full job or four 29 hour jobs to create what used to be three 40 jobs, mostly minimum wage service jobs that have been split into more jobs. No one in these jobs are paying any taxes, save social security.
Gas is at 4.00 a gallon, foods have doubled or tripled under this president, which if not accounted for in any evaluation is stupid.( liberals in a nut shell)
Odummy has spent us 18 trillion into debt, 10 trillion of it is his in only 5 1/2 years, which is WHY PRICES ARE SOARING AND THE DOLLAR VALUATION IS SHYT.
This stupid POS promissed a 2500 dollar reduction in premiums, but the exact opposite is true, that is money that average Americans can't spend and could use, all that now goes to more welfare for lazy bastards. On top of that deductibles are doubling and tripling. WAIT UNTIL EVERYONE THAT WORK FOR COMPANIES GET THEIR QUOTES IN A COUPLE OF MONTHS. LMAO.
Socialism doesn't work, never has, and the hybrid type that Europe tried doesn't work either.
You are one of those dumbazz0s that believe ANYTHING someone shovels your way. Numbers can be shuffled around and fudged to make them say anything, only morons don't understand that, and the stock market is nothing but a bubble, just like housing was in 2005.
FORWARD, I bet you would be upfront in a parade of dumbazz0s.
Over 90 million Americans or out of the workforce, only 61.7 percent of the qualified workforce have jobs.
Companies are hiring mostly partime workers at 20-30 hours a week, meaning for all dummies who can't think for themselves, that for every job now being created it takes 2 jobs to get a full job or four 29 hour jobs to create what used to be three 40 jobs, mostly minimum wage service jobs that have been split into more jobs. No one in these jobs are paying any taxes, save social security.
Gas is at 4.00 a gallon, foods have doubled or tripled under this president, which if not accounted for in any evaluation is stupid.( liberals in a nut shell)
Odummy has spent us 18 trillion into debt, 10 trillion of it is his in only 5 1/2 years, which is WHY PRICES ARE SOARING AND THE DOLLAR VALUATION IS SHYT.
This stupid POS promissed a 2500 dollar reduction in premiums, but the exact opposite is true, that is money that average Americans can't spend and could use, all that now goes to more welfare for lazy bastards. On top of that deductibles are doubling and tripling. WAIT UNTIL EVERYONE THAT WORK FOR COMPANIES GET THEIR QUOTES IN A COUPLE OF MONTHS. LMAO.
Socialism doesn't work, never has, and the hybrid type that Europe tried doesn't work either.
You are one of those dumbazz0s that believe ANYTHING someone shovels your way. Numbers can be shuffled around and fudged to make them say anything, only morons don't understand that, and the stock market is nothing but a bubble, just like housing was in 2005.
FORWARD, I bet you would be upfront in a parade of dumbazz0s.
Posted on 8/1/14 at 2:42 pm to RCDfan1950
quote:
You took it to the bank, bro
Well hellz yeah!!!!
quote:
it's when the economy shrinks and the card debt is due that is a bitch.
Sure, but this is supposed to have happened for like 5 years now. In fact, all I ever heard was that the Fed would never be able to sustain cheap money this long without the bill coming due. Hell, at this point I don't even think the doomsayers could get credit because eventually there WILL be downturn. Broken clock is right twice a day and all that jazz.
Posted on 8/1/14 at 2:46 pm to BigJim
quote:
But I just assume that some day the economy will really take off. That is when you will see the inflation bomb go off.
Ahhhhhhhhhhhhhhhh...........ok so THATS the magic number. When the economy goes off. Man dang! I kept hearing 2008........then it was DEFINITELY 2009....OHH frick QE2 WE ARE DONE FOR IN 2010. This is when I started stockpiling a plethora of the Good Chef's offerings. Its all good bro's.........this shite has a shelf life of 87 years!
Posted on 8/1/14 at 2:47 pm to AUbused
quote:
Sure, but this is supposed to have happened for like 5 years now. In fact, all I ever heard was that the Fed would never be able to sustain cheap money this long without the bill coming due. Hell, at this point I don't even think the doomsayers could get credit because eventually there WILL be downturn. Broken clock is right twice a day and all that jazz.
Have you ever witnessed any country or society in history that was able to spend indefinitely without finally having to ultimately pay the piper? Does anyone really believe that the way business is being conducted it is sustainable?
Posted on 8/1/14 at 2:47 pm to S.E.C. Crazy
quote:
Stupid, propaganda believing dumb, POS.
How adult of you.
quote:
FORWARD, I bet you would be upfront in a parade of dumbazz0s.
Nobody will ever take you seriously (not that they do now) if you keep insulting like a child.
Posted on 8/1/14 at 2:49 pm to AUbused
People always predict doom and gloom, this isn't unique under Obama.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News