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re: First in my lifetime
Posted on 12/4/24 at 8:51 pm to The_Duke
Posted on 12/4/24 at 8:51 pm to The_Duke
quote:
The Great recession started in 2000? Idk what school you teach at.
Don't try to bullshite me kid. We know the dot com bubble burst in March of 2000. It's indisputable. It's fact and it's the precursor to a recession that only got worse after fricking Muslims flew planes into the WTC. You want to give this another shot? If you really want to play this dumb arse game I'm your huckleberry
2
Posted on 12/4/24 at 8:55 pm to Broke
He was 12 in 2000. Reagan didn’t even pop into his mind when he made this thread. Imma just have some popcorn while you cook.
Posted on 12/4/24 at 8:55 pm to The_Duke
quote:
No, I mean you can't say the economy is bad because of the previous President and then not look at where we are currently.
Who was the previous President?
Regarding my comment, the previous president was O and our economy was in the shitter.
O wanted the US to be less successful and be more like the rest o the world.
No way. Frick O and his cronies that have enriched themselves while Americans of ALL colors and religions suffered.
Make America Great Again.
Posted on 12/4/24 at 8:56 pm to The_Duke
quote:He's a fricking dumbass. And at the time (2007ish) he was whistling past the graveyard.
The Great recession started in 2000? Idk what school you teach at.
Guessing you are referring the the Dot com bubble.
You are obviously correct about the timing of the Obama presidency.
Posted on 12/4/24 at 8:56 pm to LSUGrrrl
quote:
He was 12 in 2000
He was 10 when I became an economist so his economic proficiency has 0 weight in my eyes.
Posted on 12/4/24 at 8:59 pm to The_Duke
quote:
Guessing you are referring the the Dot com bubble.
Good job looking at my reply and then editing your comment when you realized what actually caused the recession. Jeezus H
Posted on 12/4/24 at 8:59 pm to Broke
Posted on 12/4/24 at 9:02 pm to Broke
quote:
Don't try to bullshite me kid. We know the dot com bubble burst in March of 2000. It's indisputable. It's fact and it's the precursor to a recession that only got worse after fricking Muslims flew planes into the WTC. You want to give this another shot? If you really want to play this dumb arse game I'm your huckleberry
Every economic result is a precursor to another. I'm not sure of the point you are trying to make.
Also, you are assuming I am somehow being disingenuous when I just may not know as much as you or even considered that recession do to it not impacting me.
I was not of age during that time. I highlighted my time frame and what I have experienced.
and as a former professor, how do you view the historical data of the economy performing better under Dems? and as one pointed out, even Trump had that view.
Posted on 12/4/24 at 9:02 pm to Broke
And i want to add one thing. President Clinton was warned 5 times about P/E ratios of tech companies getting to 100 and 200 which was so out of whack. He was warned the bubble would burst. What did Clinton do?........ nothing. He didn't want to tarnish his presidency while we were screaming at the top of our lungs to warn investors and the general public
Eta. Even the chairman of the federal reserve told him to warn investors. He did nothing
Eta. Even the chairman of the federal reserve told him to warn investors. He did nothing
This post was edited on 12/4/24 at 9:06 pm
Posted on 12/4/24 at 9:04 pm to Broke
quote:
Guessing you are referring the the Dot com bubble.
Good job looking at my reply and then editing your comment when you realized what actually caused the recession. Jeezus H[/quote]
So, I should not have looked it up? I don't understand what going on here.
Posted on 12/4/24 at 9:05 pm to The_Duke
quote:
Also, you are assuming I am somehow being disingenuous when I just may not know as much as you or even considered that recession do to it not impacting me.
Ok. I like this approach. It’s a sign of intelligence to recognize what you don’t know and are open to someone else broadening your definition and parameters.
Posted on 12/4/24 at 9:05 pm to The_Duke
quote:
I don't understand what going on here.
It’s what is referred to as “getting bodied”.
Posted on 12/4/24 at 9:08 pm to lsuguy84
quote:
t’s what is referred to as “getting bodied”.
Sure---I don't sit around trying to "body" others on the internet. That's big issue we have in our political world now.
So not familiar with that game.
Posted on 12/4/24 at 9:09 pm to Broke
quote:The POTUS was supposed to warn people about stocks?
And i want to add one thing. President Clinton was warned 5 times about P/E ratios of tech companies getting to 100 and 200 which was so out of whack. He was warned the bubble would burst. What did Clinton do?........ nothing. He didn't want to tarnish his presidency while we were screaming at the top of our lungs to warn investors and the general public
Eta. Even the chairman of the federal reserve told him to warn investors. He did nothing
Posted on 12/4/24 at 9:12 pm to The Boat
[quote]2008 recession was caused by policies under Clinton
The economy wasn't good under Obama. It was stagnant as frick.[/quote]
That's putting it mildly. There were economists arguing that we'd hit a recession, and Democrats said we weren't.
A vast majority of it was because Obama created insane high gas prices. So he could come along and then "fix" it, by releasing some of the federal reserves.
The economy wasn't good under Obama. It was stagnant as frick.[/quote]
That's putting it mildly. There were economists arguing that we'd hit a recession, and Democrats said we weren't.
A vast majority of it was because Obama created insane high gas prices. So he could come along and then "fix" it, by releasing some of the federal reserves.
Posted on 12/4/24 at 9:16 pm to Big Scrub TX
President's discuss the stock market often. If an economic event has the potential to cause great financial harm. Then yes. He should have made a speech about keeping things in perspective instead of investing in ballsacks.com at 400 dollars per share. The President is in charge of keeping citizens safe. He chose not to say 1 word about an impending economic bubble that the fricking fed chairman even knew was coming
Posted on 12/4/24 at 9:16 pm to The_Duke
quote:
Everyone should agree that was a success.
Literally everybody at the time said you don't fix a recession by throwing billions of dollars at it. Especially when 70% of that money is going to foreign interests. Some of which we still don't know where it went.
Dude. No offense, but your millennial butt is screwed on backwards.
What you've been taught is the complete opposite of what we lived through.
This post was edited on 12/4/24 at 9:29 pm
Posted on 12/4/24 at 9:17 pm to The_Duke
quote:If you know anything about that crash and are honest, you’d know that it was caused by Clinton and numerous other Democrats (Barney Frank for one) that
George W. Bush (the Great Recession)
stonewalled all efforts by Republicans to confront the problem.
Read up on the CRA and subprime loans.
Posted on 12/4/24 at 9:19 pm to The_Duke
quote:
He took over during the second worst recession in US history.
He CAUSED the second worst recession in history.
There. That's a lot closer to the truth.
Posted on 12/4/24 at 9:19 pm to Wolfwireless
I'm genuinely curious about where he took economic courses and whether they were theory based and what school of economics they were taught under. Also what school he subscribes to. I'm actually curious.
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