Are we headed into another recession?

Remodeling Maidiac

Diamond Member
Jun 13, 2011
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UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?


I rate it at 50-50, even if it doesn't quite get that bad, the economy will barely get by. Any bad news, be it a bad hurricane, flood, terrorist attack, or something else could be enough to tip the balance.
 
I felt the early stages of the Obama recession in 2007 shortly after queen pelosi and reid took over. Thank god i live in florida where the unemployment has been coming down ever since Rick Scott became governor. the june&july jobs reports are going to be dismal and just in time for the DNC convention. Lets just wait and see pelosi & wasserman try to spin the 5 year long recession and 8.5% unemployment to the 2 million laughing viewers.
 
Tell the people who are out of work, homes are being foreclosed upon and values have tanked that we are not in a recession. If they say no, they are probably calling it a "depression", just like Biden.
 
Europe is falling into a black hole. Shittiest damn recovery I've ever seen. Or is 8.2 unemployment the new normal?
10 years ago economist would argue that the 'core' unemployment level is around five per cent. 5 per cent was where the economy got down to the 'incorrigibles' and it couldn't get any better. What changed?
Obama promsed us in 2008 to take the "Boom and the bust out of the Capitalist business cycle". He kept his promise, he made it permanently dead.
"The private sector is doing fine!" Serial Liar in Chief. Remember that one? Or this one?
"I assure you, George, it (The Mandate) is not a tax."
"Obama will blithely lie about anything, confidant that he can pull the wool over enough Americans eyes to get re elected."
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?
Never left the first one started in 2008 and amplified every year since... but it hides on the books REAL good!
 
Unless the GOP rams through every austerity program they want, no, we will not enter another recession. Yes, UE ticked up, but one month doesn't mean anything and it was most likely due to people re-entering the work force and looking for work.

Despite what you guys have been claiming, the economy is not getting worse.
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?
Never left the first one started in 2008 and amplified every year since... but it hides on the books REAL good!

How has it amplified?
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?

That republicans actually want the American people to suffer so conservatives might realize some perceived partisan advantage.
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?

That republicans actually want the American people to suffer so conservatives might realize some perceived partisan advantage.

Link?
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?
Never left the first one started in 2008 and amplified every year since... but it hides on the books REAL good!

How has it amplified?
QE2, QE3, Son of TARP, GM Bailout, printing money like it will be outlawed tomorrow, increasing spending to buy back unpurchased T Notes, fudging employment numbers to cover real employment.

My life ain't better off today than it was in 2008, and far worse than it was in 2006.
 
Never left the first one started in 2008 and amplified every year since... but it hides on the books REAL good!

How has it amplified?
QE2, QE3, Son of TARP, GM Bailout, printing money like it will be outlawed tomorrow, increasing spending to buy back unpurchased T Notes, fudging employment numbers to cover real employment.

My life ain't better off today than it was in 2008, and far worse than it was in 2006.

You didn't answer the question.
 
UE ticked up recently after being stagnant for a couple months
Job creation is non existant
Applications for new assisstance remain steady
China seems to be slowing economically
gas prices are declining because demand is down when its normally up
Manufacturing numbers dropped sharply
commodity prices are declining due to low demand


Several economists are speculating that it may happen. Whats your take?

With the anti-business environment that Papa Obama promotes
businesses have little reason to invest
 
How has it amplified?
QE2, QE3, Son of TARP, GM Bailout, printing money like it will be outlawed tomorrow, increasing spending to buy back unpurchased T Notes, fudging employment numbers to cover real employment.

My life ain't better off today than it was in 2008, and far worse than it was in 2006.

You didn't answer the question.
If you didn't see the answer, you won't see the answer when given to you, Cantbesmart.
 

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