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1
Posted on 7/28/22 at 9:44 am to ell_13
quote:
Who said we were?
I wasn't being literal. I'm certainly not including myself.
This post was edited on 7/28/22 at 9:52 am
Posted on 7/28/22 at 9:44 am to Scruffy
quote:
I heavily blame Trump, although I blame Fauci and Birx significantly more, as they should be expected to act appropriately, not politically.
Exactly. I'd love to have a trial followed quickly by some public executions. It'll never happen, but it'd be nice. Never underestimate the incompetence of the gov't.
Posted on 7/28/22 at 9:45 am to FredBear
quote:Definitely made it worse, but if you supported any of the Covid policies over the past 2.5 years for even one second, this is your America.
Bidens America
Posted on 7/28/22 at 9:47 am to minister of truth
quote:
Possibly! I love how certain posters attack Trump with the benefit of retrospection. Initially Trump had to listen to his “medical experts” but he was not in favor of long term lockdowns. Can you imagine the vitriol he would have faced (yes even more so than now) if he hadn’t initially followed the “experts’” advice & all these “deaths due to Covid” had been laid at his feet. And for those who say they’re already laying the deaths at his feet, well again that’s viewing history in retrospect. He was damned if he did and damned if he didn’t. He was a threat to the status quo of power & wealth in the swamp. He had to be removed by any means possible
And JB listened to those same "medical experts". Trump was supposed to be different. Not sure why he gets a pass from you.
He literally ran on fck the swamp, but according to you, capitulation shouldn't be laid at his feet.
This post was edited on 7/28/22 at 9:50 am
Posted on 7/28/22 at 9:52 am to Aubie Spr96
Yes! Fauci & Birx were instruments of the take down. They were the so called “experts”. Despite all his proclaimed importance in this Covid incident, it cannot be proven Fauci saved 1 life. In fact he’s more likely responsible for thousands of deaths. His misinformation campaign was extremely detrimental to the country’s health, directly & indirectly. Then again Trump would probably be in prison if he hadn’t listened to the “experts” since all these deaths would have been placed at his feet
Posted on 7/28/22 at 9:57 am to member12
quote:
I’m down nearly 20% for the entirety of 2022. But I don’t really make rapid adjustments.
Sounds like a good time to buy for you.
Posted on 7/28/22 at 9:57 am to dewster
The US now is in a recession with high inflation, something which the Keynesian model explicitly says is not possible.
Not a single Keynesian “economist” will take this as a refutation of the Keynesian model. Wonder how they’ll rationalize it this time.
Not a single Keynesian “economist” will take this as a refutation of the Keynesian model. Wonder how they’ll rationalize it this time.
Posted on 7/28/22 at 9:57 am to SlimTigerSlap
Yes Biden listened to those experts but that obviously followed trump’s term. Again you as so many others are judging him in retrospect. If you had been president and the “most highly regarded medical experts” in the country advised you what to do, what would you have done? Again Trump is not a medical expert & had to rely on there advice
Posted on 7/28/22 at 9:59 am to minister of truth
quote:
Yes Biden listened to those experts but that obviously followed trump’s term. Again you as so many others are judging him in retrospect. If you had been president and the “most highly regarded medical experts” in the country advised you what to do, what would you have done? Again Trump is not a medical expert & had to rely on there advice
sigh
Posted on 7/28/22 at 10:04 am to SlimTigerSlap
I agree. You would have made the right decision I’m sure
Posted on 7/28/22 at 10:09 am to dewster
Its a recession but it identifies as a bull market... did I do it right Democrats?
Posted on 7/28/22 at 10:10 am to dewster
It took COVID, the Russian invasion of Ukraine, and China's periodic shutdown over the last two years to finally break the global supply chain and get us to where we are today. Summer and early fall is usually the budgeting season for businesses, so I'm sure we'll start to see result of those exercises getting executed by year-end or early 2023.
I wouldn't worry about a mass layoffs yet as this crisis is a slower and longer term growing pain rather than over leveraged financial sector bubble.
Unfortunately no amount of stimulus or interest rates will help us dig out of this hole until the businesses slowly reorganize their entire value chain and the world learning to live without Russian oil and less Chinese labor.
I wouldn't worry about a mass layoffs yet as this crisis is a slower and longer term growing pain rather than over leveraged financial sector bubble.
Unfortunately no amount of stimulus or interest rates will help us dig out of this hole until the businesses slowly reorganize their entire value chain and the world learning to live without Russian oil and less Chinese labor.
Posted on 7/28/22 at 10:11 am to WaWaWeeWa
quote:
They are going to need a new definition of where this economy is heading. Depression may not even be the right word.
It's going to be a tough recession, but we will bounce back as we always do. 2008 was pretty fricking bleak and we skyrocketed back.
Posted on 7/28/22 at 10:12 am to Breauxsif
quote:You act like policy has nothing to do with where we are and it’s everyone else’s fault.
It took COVID, the Russian invasion of Ukraine, and China's periodic shutdown over the last two years to finally break the global supply chain and get us to where we are today.
Posted on 7/28/22 at 10:12 am to dewster
New study shows no link between serotonin and recession
Posted on 7/28/22 at 10:13 am to frequent flyer
quote:
Basically they are clueless.
They aren't clueless they are soulless. They know exactly what is going on and won't do necessary things to fix it.
Posted on 7/28/22 at 10:13 am to dewster
quote:
That marks a second straight quarterly decline in gross domestic product–a common definition of recession
This wording is so weak. We are in a recession. Congrats to WH and their media lackeys for shifting the Overton Window of this discussion.
Posted on 7/28/22 at 10:20 am to ell_13
quote:
It was an amazing lesson in social engineering. People who claim that there’s no way they can be manipulated were so easily ready to lock themselves and family up for months. And they still can’t admit it.
Social engineering to be sure, but people were initially led to believe that the mortality rate was MUCH higher.
That is natural human instinct of self-preservation.
I blame China and Fauci/NIH first and foremost for modifying the virus in the first place, and the Democrats and their lapdog media for their political exploitation of the situation.
In hindsight sure Trump could have done better, but he was essentially lame-ducked by much of the media and the people who soak it up.
He didn’t stand a chance against the ministry of Science + Democrats + Media.
And now our economy and our country is about to suffer for it.
The M1 money supply was diluted by 375%. Think about the long term effects of this. Real true inflation (not what the Fed says) seems to be what, 20-30% thus far?
We may have a ways to go.
Pain via inflation or pain via necessary deflationary correction(increasing interest rates that will also hurt economy). Plus lots of ghost value in the stock market even after the haircuts recently.
Would love to be wrong. Can someone explain how my reasoning is faulty?
Posted on 7/28/22 at 10:28 am to dewster
Almost a 1 point reduction is significant by any definition.
Money on had after every paycheck is what counts and the public sees it decreasing.
Money on had after every paycheck is what counts and the public sees it decreasing.
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