Obamanomics update: double dip recession, here we come

Discussion in 'Politics' started by Patrick2, Aug 16, 2011.

  1. Patrick2
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    Patrick2 Senior Member

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    According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.
     
  2. Chris
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    Chris Gold Member

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    Gladly...

    It saved us from another Great Depression.

    The problem is the stimulus was too small.

    But the fact that the price of gas is going down is going to help bring the economy back by next year.

    Bad news for Republicans.
     
  3. BDBoop
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    BDBoop BANNED

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    Walmart sucks, and I'm glad their sales are dropping. Apparently, when they cozied up to the Koch brothers to hoover all the money out of America, they didn't realize there'd be a down side.

    Morons.
     
  4. hellofromwarsaw
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    hellofromwarsaw BANNED

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    Pubs STOPPED the miracle of Keynesian economics, moron.
     
  5. Zander
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    Zander Platinum Member

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    Keynes would be rolling over in his grave. The concept of deficit spending to counter recessions that he espoused was based upon governments that were not deeply indebted. He also was a proponent of building up a surplus in good times. Pure fantasy.....
     
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  6. Auxous
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    Auxous BANNED

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  7. Matthew
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    Matthew Blue dog all the way!

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    The depression keeps going and going! Wouldn't surprise if the whole world crashes harder sooner or later then anything we seen in 2008.
     
  8. dustythedog
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    dustythedog Rookie

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    WalMart Sucks? You're Nuts! Walmart bring low cost goods to Middle and Low income families. I can't afford JCPenny, Sears. This problem goes way back to Kissinger & Nixon. They thought they'd give the U. S. a market for our goods, but what they did was export our jobs. Then came NAFTA, we sent more jobs to Mexico. We can't make things at a price that working class Americans can afford.Government regulation, & the well meaning environmentalists have made it almost impossible. We here a lot about high-tech jobs, but, with a high school drop-out rate like we have it's obvious that we need people making shoes. City councils across America should BAN NIKI and other expensive brands until they open factories here in urban American. It's a ruff world out there and it's time to get tough with the competition.
    Dusty the dog
     
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  9. Patrick2
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    Patrick2 Senior Member

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    That is one of the most LAUGHABLE excuses I've ever heard from anyone on anything! :rofl:

    Imagine if a baseball manager was questioned by the owner about his 40-120 recOrd last season, and he said "If you hadn't hired me, it would have been 10-150".

    :lmao:

    CHUTZPAH REMARK OF THE YEAR PRIZE!​

    :clap2: :clap2: :clap2: :clap2: :clap2:

    THE PRICE OF GAS IS LOW BECAUSE THE BAD ECONOMY HAS SUPPRESSED DEMAND!

    :rofl: :lol: :razz: :D :rofl: :lol: :razz: :D :rofl: :lol: :razz: :D :rofl: :lol: :razz: :D :rofl: :lol: :razz: :D
     
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  10. C_Clayton_Jones
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    C_Clayton_Jones Diamond Member

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    WhatÂ’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.
     

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