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Author Topic: The Sky is falling.  (Read 891 times)

Offline BlueJ1

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The Sky is falling.
« Reply #15 on: January 07, 2006, 05:05:34 PM »
Quote
Originally posted by Thrawn
Which is bad.  It makes the businesses in that area with the increased minimum wage less conpetitive.  Less people invest in the business, and that hurts the economy.  The labourer might make more money, but their standard of living falls.


Its Buffalo. Everything is bad.


Except the Sabres.
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Offline Holden McGroin

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Re: Re: The Sky is falling.
« Reply #16 on: January 07, 2006, 05:17:34 PM »
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Originally posted by Thrawn
No, it didn't.  US governmental deficit, trade deficit and personal debt based on housing speculation misallocated way more than 2 million jobs.
 


Total non farm employment:

Dec 2003, 146.9 million Jobs

Dec 2004, 148.2  million Jobs

Dec 2005, 150.2 million Jobs

Just how does "US governmental deficit, trade deficit and personal debt based on housing speculation" make 150.2<146.9 ?
« Last Edit: January 07, 2006, 05:23:08 PM by Holden McGroin »
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Offline SOB

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The Sky is falling.
« Reply #17 on: January 07, 2006, 05:24:52 PM »
He's from Canada...I think it must have something to do with the metric system.
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Offline *NDM*JohnnyX

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The Sky is falling.
« Reply #18 on: January 07, 2006, 05:41:43 PM »
I just bought a 35k dollar truck for 23k how is the economy bad or my standard of living falling? Don't tell me its because cars aren't selling Ford and GM are down but Dodge is up and imports are selling like mad.

Its all lies.
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Offline Holden McGroin

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The Sky is falling.
« Reply #19 on: January 07, 2006, 05:51:52 PM »
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Originally posted by *NDM*JohnnyX
Its all lies.


Even yours?
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Offline Thrawn

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Re: Re: Re: The Sky is falling.
« Reply #20 on: January 07, 2006, 05:59:21 PM »
Quote
Originally posted by Holden McGroin
Total non farm employment:

Dec 2003, 146.9 million Jobs

Dec 2004, 148.2  million Jobs

Dec 2005, 150.2 million Jobs

Just how does "US governmental deficit, trade deficit and personal debt based on housing speculation" make 150.2<146.9 ?



It doesn't, but NUKE didn't just state the figures.  He said that they ment that the US economy was doing well.

You have a town of 100 people.  10 are unemployed.  The municiple government taxes the other 90, and hires 6 of the unemployed.  3 to dig holes, and 3 to fill them in.

This is bad for economy because the other 90 people have less money to buy the things they demand or to invest.  If the other 90 had that money to spend on stuff or invest, then jobs would be created in order to meet that demand.  What's more because labour has now become more scarce it has become more costly for companies to employ labour.  This hurts the companies and increases unemployment.


It's worse if the government goes into debt and hires labour because they now have to pay interest on thier ****ing with the economy.


Job hires based personal debt to invest in speculation suck as well.  The resultant product is surplus to the actual economic demand.  Heck it's not even "need" economically.  Demand is need with money to purchase it.


Job growth based on wise investment into sectors of the economy were their is demand that is not being met is good.  Job growth based on socialist fallacies and people making poor financial decisions isn't.



PS: "Its Buffalo. Everything is bad.


Except the Sabres."


Said the same about the Sens...earlier in the season.  ;)
« Last Edit: January 07, 2006, 06:02:36 PM by Thrawn »
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Offline Thrawn

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The Sky is falling.
« Reply #21 on: January 07, 2006, 06:01:18 PM »
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Originally posted by *NDM*JohnnyX
I just bought a 35k dollar truck for 23k how is the economy bad or my standard of living falling?



How is the financial situation of one person at all indicitive of what is happening to economy of nation of hundreds of millions?
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Offline Toad

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The Sky is falling.
« Reply #22 on: January 07, 2006, 06:19:07 PM »
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But Canada's fertility rate is down to 1.5, well below replacement rate


Salaam Alaikum, eh, hoser?

So many things to worry about............
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Offline *NDM*JohnnyX

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The Sky is falling.
« Reply #23 on: January 07, 2006, 06:48:31 PM »
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Originally posted by Thrawn
How is the financial situation of one person at all indicitive of what is happening to economy of nation of hundreds of millions?


It's probably pretty accurate seeing as how I fit into the category of "white middle class worker" of which this country has a majority of. I look around, I see development, and I have friends around the country who say the same. There are problems, but it's barely a recession, it's no where near a depression.

I have no idea how Canadas economy is doing and I'm not going to speculate.
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Offline FUNKED1

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The Sky is falling.
« Reply #24 on: January 07, 2006, 06:49:35 PM »
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Originally posted by Bodhi
I have to agree that the economy is booming right along.  I always find that the best indicator of the economy is a T crane.  Before 2000, very few were up, now, I see many up in every city I travel through, now where is that money coming from?


Interesting point.  Tons of them around here.
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Offline Holden McGroin

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Re: Re: Re: Re: The Sky is falling.
« Reply #25 on: January 07, 2006, 06:51:52 PM »
Quote
Originally posted by Thrawn
You have a town of 100 people.  10 are unemployed.  The municiple government taxes the other 90, and hires 6 of the unemployed.  3 to dig holes, and 3 to fill them in.


According to the Office of Personnel Management, the total civilian labor force for the federal government was:

July 2005; 2,725,117

Jan 2005; 2,686,591

Jan 2004; 2,701,015

about a 24,000 increase from Jan '04 to July '05

4 million (+/-) take away 25,000 = 3,975,000

Fed gov't employment accounts for 0.6% of the job growth.
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Offline Ripsnort

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Re: Re: The Sky is falling.
« Reply #26 on: January 07, 2006, 07:20:50 PM »
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Originally posted by Urchin
1.  What sort of jobs has the US economy created?  There are only so many kids in the country that'll fill the burger-flipping jobs.

 
Not sure about the rest of the country, but Washington State went from 7.6% unemployment in 2003 (18 months after 9/11) to 5.2% unemployment, Boeing and Microsoft have been hiring like mad, and those jobs ain't burger flipping...
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Offline Dago

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The Sky is falling.
« Reply #27 on: January 07, 2006, 07:24:38 PM »
Thrawn would rather eat a mouthful of freshly dropped manure than say, admit, or hear anyone else say anything positive about the USA.
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Offline DREDIOCK

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Re: Re: The Sky is falling.
« Reply #28 on: January 07, 2006, 07:33:27 PM »
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Originally posted by Urchin
1.  What sort of jobs has the US economy created?  There are only so many kids in the country that'll fill the burger-flipping jobs.

2.  IIRC, most "home sales" now aren't new residences, they are investments.  So while it might be accurate to say that wealthy Americans own more homes than ever before, I doubt it'd be accurate to say that more Americans own homes.

3.  Yea, gas prices are friggin weird like that, huh?


On # 2 I'd say you are wrong and grossly innaccurate. While I'd agree investment purchasis are up they arent nywhere near the majority or "most" you claim


As for #1. the economy is strong and has grown and unemployment is down.
That in itself would indicate that its more then just kids flipping burgers and other menial paying jobs.

Maybe your upset we arent having the runaway type economy like in the 90s. I personally am happy we dont as the 90s economy was largely based on illusion
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Offline midnight Target

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The Sky is falling.
« Reply #29 on: January 07, 2006, 07:34:59 PM »
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Economic growth here at home is anemic.


That is from the Republican party platform for the 1996 election.. I seem to remember a record economy in the 90's.
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