New Posts
By:
Filters
  • Hi there guest! Welcome to PoliticalJack.com. Register for free to join our community?

Evidence of coming recession "overwhelming..."

Honestly, I don't think we ever got out of the first "recession". You can't have a recovery when you've lost that many jobs.....and the ""recovery"" is jobLESS.

Lukey said:
What effect do you suppose that will have on the election?

We first noticed the first signs that the economy was beginning to soften about three months ago. Now the evidence of a slowdown has become so overwhelming that it is difficult to avoid the conclusion that we are headed for a recession.

http://pragcap.com/evidence-of-coming-recession-is-overwhelming
Click to expand...
 
Lapcat said:
Honestly, I don't think we ever got out of the first "recession". You can't have a recovery when you've lost that many jobs.....and the ""recovery"" is jobLESS.
Click to expand...

I think you are 100% correct. Between Obama's $5 trillion in fiscal stimulus and Bernanke's ~ $10 trillion in monetary stimulus, the idea that all we could do was muster a couple of quarters of trend growth and now we're heading back to negative growth merely lends credence to the argument that after decades of over stimulating the economy, what we need is to get back to normal private capitalism and that involves cutting spending so we can keep tax rates low. The Ryan Plan is the road map.
 
Bugsy McGurk said:
A mass shooting, negative economic news...it's enough to make a con yodel with joy!

:cool:
Click to expand...

And the folks in Normalville are starting to notice:

The Rasmussen Consumer Index, which measures consumer confidence on a daily basis, fell a point on Friday to 81.0. The Consumer Index is down four points from a week ago, three points from a month ago and five points from three months ago.


http://www.rasmussenreports.com/pub...ussen_consumer_index/rasmussen_consumer_index
 
I like Chuckie Shumer's statement to Bernanke, that in an election year Congress will do nothing, so the ball is in his court.

It clearly defines what is wrong with this country.
 
Bugsy McGurk said:
That's enough to make a con's day!
Click to expand...

It is what it is...and what it isn't, is the "summer of recovery." At some point, you have to start at least considering to possibility that Obama's anti-capitalist agenda is inhibiting the economic recovery.
 
I think it is quite possibly true that we are headed for another recession. And yes, that could lead to Mitt Rmoney being elected in November. And then, we would quite likely be headed for a reprise of the Great Depression.

After all, it has become very clear that Mitt Rmoney simply wants to double-down on the idiocy of the Bush II policies that created this godawful mess in the first place.
 
LeRoy_Was_Here said:
I think it is quite possibly true that we are headed for another recession. And yes, that could lead to Mitt Rmoney being elected in November. And then, we would quite likely be headed for a reprise of the Great Depression.

After all, it has become very clear that Mitt Rmoney simply wants to double-down on the idiocy of the Bush II policies that created this godawful mess in the first place.
Click to expand...

Silly Wingers chortling and capering about over the thought of the Bush policies being double downed by RMoney, then they will find out what Hoover Days were really like as we move into poor farms, work houses and hobo jungles.
 
LeRoy_Was_Here said:
I think it is quite possibly true that we are headed for another recession. And yes, that could lead to Mitt Rmoney being elected in November. And then, we would quite likely be headed for a reprise of the Great Depression.

After all, it has become very clear that Mitt Rmoney simply wants to double-down on the idiocy of the Bush II policies that created this godawful mess in the first place.
Click to expand...

LOL! I dare you to attempt to list the major differences between Bush 43 and Obama economic policies. Other than the firm anti-capitalist rhetorical stance, Obama has contineued or doubled down on everything Bush ever did.
 
Greenridgeman said:
I like Chuckie Shumer's statement to Bernanke, that in an election year Congress will do nothing, so the ball is in his court.

It clearly defines what is wrong with this country.
Click to expand...

It's all just one big happy collective. Whenever someone sits on their hands it's up to somebody else to shoulder their share of the load. We may just get to the point where Ben Bernanke is the last working person in the country. He'll have to man the printing presses, load the helicopter, fly it and posh the bales of $$$ out the door all by himself.
 
Lukey said:
What effect do you suppose that will have on the election?

We first noticed the first signs that the economy was beginning to soften about three months ago. Now the evidence of a slowdown has become so overwhelming that it is difficult to avoid the conclusion that we are headed for a recession.

http://pragcap.com/evidence-of-coming-recession-is-overwhelming
Click to expand...

Sounds like it way past time to dump the Gotparty obstructionist whose goal is to hold the economy back. Its just another in a series of fail right wing experiments.
 
Spamature said:
Sounds like it way past time to dump the Gotparty obstructionist whose goal is to hold the economy back. Its just another in a series of fail right wing experiments.
Click to expand...

Between Obama's $5 trillion in fiscal stimulus and Bernanke's ~ $10 trillion in monetary stimulus, the idea that all we could do was muster a couple of quarters of trend growth and now we're heading back to negative growth merely lends credence to the argument that after decades of over stimulating the economy, what we need is to get back to normal private capitalism and that involves cutting spending so we can keep tax rates low. The Ryan Plan is the road map.
 
Lukey said:
LOL! I dare you to attempt to list the major differences between Bush 43 and Obama economic policies. Other than the firm anti-capitalist rhetorical stance, Obama has contineued or doubled down on everything Bush ever did.
Click to expand...

Lukey, I've already done precisely that for you, several times. It just does not appear to penetrate your cranium, so I question the cost-effectiveness of doing it for you yet again.
 
Go ahead and let's see Romney and the GOtParty get behind (AND STAY BEHIND) the Ryan plan. And the sane Americans will watch them all be summarily remove from office.
 
LeRoy_Was_Here said:
I think it is quite possibly true that we are headed for another recession. And yes, that could lead to Mitt Rmoney being elected in November. And then, we would quite likely be headed for a reprise of the Great Depression.

After all, it has become very clear that Mitt Rmoney simply wants to double-down on the idiocy of the Bush II policies that created this godawful mess in the first place.
Click to expand...


But Leroy Obama has already tripled down on what Bush did
expanded the deficit when he said he would cut it in half
expanded entitlements
expanded military presence globally
increased the national debt more than any President in History

Why Obama is even meeting with Mexican officials to be sure the Mexicans know how to exploit food stamps
 
Lukey said:
Between Obama's $5 trillion in fiscal stimulus and Bernanke's ~ $10 trillion in monetary stimulus, the idea that all we could do was muster a couple of quarters of trend growth and now we're heading back to negative growth merely lends credence to the argument that after decades of over stimulating the economy, what we need is to get back to normal private capitalism and that involves cutting spending so we can keep tax rates low. The Ryan Plan is the road map.
Click to expand...


Actually I like Obama's plan for growing the economy he is going to round up a bunch of unemployed someone else type folks and make some businesses happen.
 
You must log in or register to reply here.

Latest posts

Back
Top