Major recession this fall

Old Rocks

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Oct 31, 2008
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Hey, another record up week on Wall Street. More people being hired. Come on 'Conservatives', what happened to that major recession so many of you were braying about happening this fall? In spite of your Representatives best efforts, just didn't materialize.
 
Hey, another record up week on Wall Street. More people being hired. Come on 'Conservatives', what happened to that major recession so many of you were braying about happening this fall? In spite of your Representatives best efforts, just didn't materialize.
You really have no clue as to the true nature of this wrecked economy. Obama got them eyes all clouded over with unicorns and rainbows?
 
You really have no clue as to the true nature of this wrecked economy. Obama got them eyes all clouded over with unicorns and rainbows?
Curious = do you think you created a compelling counter-argument or in any way refuted the initial post with this?
 
, what happened to that major recession so many of you were braying about happening this fall?.

Don't recall anyone predicting anything but a continuation of the slowest recovery since the Great Depression featuring 12% unemployment, declining incomes, and fewer full time jobs than when Obama took office.

It would seem that soviet economics did not work once again.
 

what?? please use complete sentences and respond to op
I did respond to the OP. Japan has pushed QE asset purchases into the markets and it's raising Markets Globally.

but the US did the same thing only more. The liberals want to give Obama credit for the worst recovery ever but lack the IQ to name one thing Obama did that helped rather than hurt the economy.
 

what?? please use complete sentences and respond to op
I did respond to the OP. Japan has pushed QE asset purchases into the markets and it's raising Markets Globally.

but the US did the same thing only more. The liberals want to give Obama credit for the worst recovery ever but lack the IQ to name one thing Obama did that helped rather than hurt the economy.
As usual the Liberals are wrong..........The Feds asset totals were around 3.7 TRILLION Dollars in asset purchases.........and 16.1 TRILLION in Federal Reserve Loans immediately after the crash from the Federal Reserve to keep the Too Big to Fail from going under. Loans at the discount window at near 0%.

Perhaps they could loan us some money at that rate............Would be nice..............Note the 16.1 Trillion was in the transition period with Bush and Obama on board to be fair.
 
, what happened to that major recession so many of you were braying about happening this fall?.

Don't recall anyone predicting anything but a continuation of the slowest recovery since the Great Depression featuring 12% unemployment, declining incomes, and fewer full time jobs than when Obama took office.

It would seem that soviet economics did not work once again.
As long as the recovery remains slow, there can be no overheated economy which makes a major downturn is unlikely. GDP growth rate has averaged 2.5% of over the last 8 quarters. The average since 1948 has been 3.2%. I think the slow growth will continue and chance of any significant downturn low.
 
As long as the recovery remains slow, there can be no overheated economy which makes a major downturn is unlikely.

total and perfect illiterate as always pretending to know economics when he has not been to college!! Japan and Europe just turned down out of a slow recovery that could not sustain itself!!
 
As long as the recovery remains slow, there can be no overheated economy which makes a major downturn is unlikely.

total and perfect illiterate as always pretending to know economics when he has not been to college!! Japan and Europe just turned down out of a slow recovery that could not sustain itself!!
I said a major downturn.

so what, liberal!! a major down turn or upturn can happen at any time depending on events and the level of liberal intererence or lack thereof!

Do you understand now>?
 

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