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re: US officially enters recession - GDP contracted by 0.9% in Q2.

Posted on 7/28/22 at 10:29 am to
Posted by ell_13
Member since Apr 2013
85067 posts
Posted on 7/28/22 at 10:29 am to
quote:

Social engineering to be sure, but people were initially led to believe that the mortality rate was MUCH higher.
Why the “but”? You are just describing social engineering. AKA mass manipulation. It’s not an excuse or justification. The data was out there already from multiple cruise ships that were perfect case studies in learning how the virus spread and who was most vulnerable. But that was ignored because politics and ratings. Just because you and millions others failed to see it doesn’t mean you’re absolved from any blame.
Posted by Scruffy
Kansas City
Member since Jul 2011
72144 posts
Posted on 7/28/22 at 10:29 am to
quote:

Why the “but”? You are just describing social engineering. AKA mass manipulation. It’s not an excuse or justification. The data was out there already from multiple cruise ships that were perfect case studies in learning how the virus spread and who was most vulnerable. But that was ignored because politics and ratings. Just because you and millions others failed to see it doesn’t mean you’re absolved from any blame.
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 7/28/22 at 10:31 am to
quote:

US officially enters recession - GDP contracted by 0.9% in Q2.
But on a positive note...

Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1167 posts
Posted on 7/28/22 at 10:31 am to
no disagreement as to any of your points on my end

1 issue which struck me from the beginning of the covid incident was how gullible our populous is to the media! most are truly sheep. complete emptying of the shelves in the grocery stores was unbelievable - especially toilet paper!

even today I'm seeing the market rallying after today's news (which should not have surprised anyone that we're already in recession). the economy is going to get much worse & people are going to be much worse off down the road, yet many of the "experts" in the media are denying we're in a recession or that the worse is over
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41170 posts
Posted on 7/28/22 at 10:32 am to
quote:

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


By this rationale, DeSantis and a handful of others should be in prison. Fact of the matter is that very few people, Trump included, had the balls to stand up for civil liberties and most allowed fear to dictate their decisions.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47137 posts
Posted on 7/28/22 at 10:35 am to
It's only a transitory recession.

-Biden
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67591 posts
Posted on 7/28/22 at 10:35 am to
quote:

Aubie Spr96


Did you find our if Trump could fire Fauci yet?
Posted by ell_13
Member since Apr 2013
85067 posts
Posted on 7/28/22 at 10:36 am to
I’m not saying it was easy. When we started giving hospitals and doctors 20% more for every Covid death, they started counting car crash deaths as Covid deaths… the number was flashed on every news channel like a fricking MDA telethon. And the higher the number the more ratings. It was fricking sick.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1167 posts
Posted on 7/28/22 at 10:40 am to
again in retrospect I agree that Trump could have handled the whole incident better but what you're describing with Desantis' actions were taken much later than what Trump faced initially. most of Desantis's actions, which I have agreed with, have been taken during Biden's term in office.

do you not remember the screaming from the mountain tops about how deadly and infectious this virus was and the mass hysteria this country was in spring & summer 2020? my God they were arresting lone surfers off the coast of California for breaking lockdowns.
Posted by NOLAtoABQ
Member since Jun 2022
329 posts
Posted on 7/28/22 at 10:44 am to
quote:

Second quarter in a row that it dropped. And inflation still skyrocketing.

But no more mean tweets.


"Putin's Recession" and we got rid of the "white supremacist" in the White Privilege House.
Posted by V Bainbridge
Member since Jul 2020
7795 posts
Posted on 7/28/22 at 10:44 am to
quote:

The best way to avoid a recession is to change the definition of one.

If the facts don't fit the theory, change the facts.
Posted by NOLAtoABQ
Member since Jun 2022
329 posts
Posted on 7/28/22 at 10:45 am to
DNC historically F'd in mid-terms.. and they deserve every bit of it and then some.
Posted by NOLAtoABQ
Member since Jun 2022
329 posts
Posted on 7/28/22 at 10:46 am to
Are there any bigger F'ing liars than the worthless POS members of this administration? Holy shite.
This post was edited on 7/28/22 at 10:47 am
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41170 posts
Posted on 7/28/22 at 10:53 am to
quote:

Did you find our if Trump could fire Fauci yet?



quote:

The position of the NIH Director became presidentially appointed with the passage of the National Cancer Act of 1971 and Senate confirmed with the National Cancer Act Amendments of 1974. Prior to 1971, all NIH Directors were appointed by the Surgeon General, with the exception of Robert Q. Marston, who was appointed by the Secretary of Health, Education, and Welfare. Acting Directors are selected by the Secretary of Health and Human Services and hold the position until the President nominates a new director who is confirmed by the Senate.


Anthony Fauci reports to the director of the NIH. That directorship is a presidential appointment. So yes, Trump could have easily pressured to get Fauci fired. And should have.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51912 posts
Posted on 7/28/22 at 10:59 am to
quote:

In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.


That literally matches my statement.

A reduced growth rate =! economic contraction.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 7/28/22 at 11:00 am to
Every person who voted for biden should be stoned in public.
Posted by Mo Jeaux
Member since Aug 2008
58936 posts
Posted on 7/28/22 at 11:03 am to
quote:

That literally matches my statement.

A reduced growth rate =! economic contraction.


quote:

“Stagflation is recession accompanied by inflation,”
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 7/28/22 at 11:04 am to
The unemployment rate isn't high. Even the U6 (7.0%) is below the average of (10%).

What do we call that? Stupidflation gets my vote
Posted by dewster
Chicago
Member since Aug 2006
25378 posts
Posted on 7/28/22 at 11:05 am to
quote:

A reduced growth rate =! economic contraction.



We aren't just seeing a reduced growth rate though. We've seen two consecutive quarters of actual GDP contraction.
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67591 posts
Posted on 7/28/22 at 11:14 am to
quote:

yes, Trump could have easily pressured to get Fauci fired. And should have.


quote:

Secretary of Health and Human Services and hold the position until the President nominates a new director who is confirmed by the Senate.


Yeh easy peasy. How would it look for a career businessman to pressure the highest medical advisor in the country to fire a guy who has been on staff since Reagan? And if the NIH director said no he would fire and appoint a new one in the middle of a pandemic...that is some incredibly stupid logic. Even using hindsight it is pretty retarded.
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