Economy Actually Getting Worst

[starcraftzzz]

The economy is improving. Every single indicator says such.

Name one indicator that shows the economy not improving if you can't then it is 100% obvious that you are a dumbass aprtisna hack who knows jack shit

 

[Widdekind]

Since the government gets the money first and distributes it into the economy, the money supply increases without any direct benefit of capital goods creation

the Government purchases large Quantities, of Commodities, at market Prices; the Government does not simply "print money, and drop it out of airplanes, like propaganda leaflets". Ergo, the supply of Money increases, as Government suppliers pay their workers, and "upstream" suppliers, etc. ?

 

[Nova78]

The economy is improving. Every single indicator says such.

Name one indicator that shows the economy not improving if you can't then it is 100% obvious that you are a dumbass aprtisna hack who knows jack shit

Borrowing money to create phony jobs is not the answer,many of of the so called new jobs are bullshit no benefit low wage service type jobs, building bridges to no where or raking leaves in the forest is not the answer.

 

[PLYMCO_PILGRIM]

The economy is improving. Every single indicator says such.

Every? Are you sure?

National Debt, debt to GDP ratio...............

 

[starcraftzzz]

Name one indicator that shows the economy not improving if you can't then it is 100% obvious that you are a dumbass aprtisna hack who knows jack shit

Borrowing money to create phony jobs is not the answer,many of of the so called new jobs are bullshit no benefit low wage service type jobs, building bridges to no where or raking leaves in the forest is not the answer.

I'm still waiting for you to post 1 indicator that shows the economy getting worse.
Furthermore 50% of the new jobs created since 2011 have been in manufacturing, agriculture/mining, and the production of other goods. So really you have no idea what you are talking about
Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail

 

[starcraftzzz]

The economy is improving. Every single indicator says such.

Every? Are you sure?

National Debt, debt to GDP ratio...............

The deficit/GDP ratio has been falling ever since Obama took office.
US Federal Deficit by Year - Charts Analysis
Care to try again?

 

[Moonglow]

the economy is better where I live.

 

[PLYMCO_PILGRIM]

The economy is improving. Every single indicator says such.

Every? Are you sure?

National Debt, debt to GDP ratio...............

The deficit/GDP ratio has been falling ever since Obama took office.
US Federal Deficit by Year - Charts Analysis
Care to try again?

Do you?

this is a LIBERAL site National Debt Graph by President

 

[TakeAStepBack]

It must have been that second credit rating downgrade that did it.

 

[TakeAStepBack]

Or maybe it is the ~102% debt/GDP ratio coupled with 16 trillion in national debt.

 

[starcraftzzz]

Every? Are you sure?

National Debt, debt to GDP ratio...............

The deficit/GDP ratio has been falling ever since Obama took office.
US Federal Deficit by Year - Charts Analysis
Care to try again?

Do you?

this is a LIBERAL site National Debt Graph by President

Notice after 2009 the budget deficit has been declining.
So do you care to try again or are you just going to act stupid and dense?

 

[PLYMCO_PILGRIM]

The deficit/GDP ratio has been falling ever since Obama took office.
US Federal Deficit by Year - Charts Analysis
Care to try again?

Do you?

this is a LIBERAL site National Debt Graph by President

Notice after 2009 the budget deficit has been declining.
So do you care to try again or are you just going to act stupid and dense?

it is?

 

[TakeAStepBack]

No it isn't. The federal govt. set a record deficit spend in Feb of 2012.

 

[TakeAStepBack]

Govt. sets record deficit in February - Washington Times

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

For all of fiscal year 2012, which began Oct. 1, the budget analysts said the government has raised $869 billion in revenue but spent $1.5 trillion so far.

Congress and President Obama sparred for most of last year on how to cut spending, but the CBO’s figures show that spending has actually remained flat in 2012 once the timing of certain payments has been adjusted.

Mr. Obama last month released a budget that showed the government averaging $1 trillion deficits for the rest of this decade. House Republicans are working to write their own budget now, while Senate Democratic leader Sen. Harry Reid of Nevada has said he doubts his chamber will write a budget this year.


Starcraftzzzz is full of shit.

 

[hilbert]

Michael Pento: Is the Economy Really Healing?

Please don't believe the hype that the American economy is healing. While it is true that some data is showing improvement, the true fundamentals of the economy continue to erode.

America's trade deficit hit $52.6 billion in January. That's the highest level since October of 2008 and is clear evidence that we have fully reverted back to our under production, under saving and overconsumption habits with alacrity.

The nation's debt has now eclipsed 100% of our GDP, after 13 straight quarters of paying down debt households have now started to re-leverage their balance sheets and total non-financial debt is at a record 250% of GDP. The sad truth is that the U.S. economy is more addicted to debt than at any other time in history.

But most importantly, please don't believe the lie that the Fed's money printing is laying fallow at the central bank and that inflation isn't harming the American middle class and the economy. Consumer prices rose 0.4% in the month of February alone and year over year increases in food and gas prices are 5% and 12% respectively. Money supply growth is up 10% in the past 12 months and banks are now buying U.S. Treasuries with reckless abandon.

Commercial banks have purchased $78.2 billion in Treasury and agency debt in January and February of 2012. That's already more than the entire amount of purchases made in all of 2011 and is on track to add nearly a half-trillion dollars of government debt to commercial banks' balance sheets. The Fed buys these Treasuries from banks and that enables them to buy more debt from the government. Using that process, the Fed is able to monetize both existing and newly issued Treasury debt. Since the government gets the money first and distributes it into the economy, the money supply increases without any direct benefit of capital goods creation.

What a Country, or should we say what a Government.

Don't you realize that a webste's contents are unneeded here when you give us a link to it too?

Is your grammar getting "worst" too?

 

[ThinkCritically]

Don't you realize that a webste's contents are unneeded here when you give us a link to it too?

Is your grammar getting "worst" too?

You can always tell when someone is obstinate when instead of trying to listen, understand, and then debate; they just start turning into a grammar teacher.

If a foreigner was speaking to you, would you attempt to understand what they are attempting to convey or would you not listen to the substance and instead constantly correct their grammar. I think i know the answer....so why do it here?

 

[Nova78]

Don't you realize that a webste's contents are unneeded here when you give us a link to it too?

Is your grammar getting "worst" too?

You can always tell when someone is obstinate when instead of trying to listen, understand, and then debate; they just start turning into a grammar teacher.

If a foreigner was speaking to you, would you attempt to understand what they are attempting to convey or would you not listen to the substance and instead constantly correct their grammar. I think i know the answer....so why do it here?

I am sure he is a lefty.....

 

[Widdekind]

we seem to be confusing

1. Deficit / GDP
2. Debt / GDP

i.e. "rate of debt accumulation" vs. "total debt accumulated to date"

 

[PLYMCO_PILGRIM]

we seem to be confusing

1. Deficit / GDP
2. Debt / GDP

i.e. "rate of debt accumulation" vs. "total debt accumulated to date"

I wasn't confused... I meant debt/gdp ratio just like i said .

 

[TakeAStepBack]

There isn't much to confuse. One pre-requisites the other. If the govt. is running a monthly deficit, that translates into debt.

Regardless, neither the deficit spending, nor the debt are decreasing. Quite the opposite.