Summer of Recovery huh? Economy Caught in Depression, Not Recession

[MaggieMae]

Some depression.
Long Horn and Olive Garden are a 45 minute wait every Friday and Saturday night here. My son comes home from college and makes a grand a week waiting tables.
You people do not have a damn clue what a depression is.

They don't even know what a mild recession is. When my dad came home from World War II, there was a flood of ex-military looking for work in the civilian arenas of course. Large manufacturing plants had been converted to make war materiel and had to be retooled back to what they originally were designed for. The VA education and home loan plans helped enormously, but there were few other safety nets for the unemployed. We had to live with our grandparents until my father could even find an apartment to rent that would take 3 kids and a dog. (He even placed an ad in the local papers saying "...willing to shoot the dog, but would like to keep the kids..." which drew a lot of responses. He was just kidding, of course). BUT, we had to move 100 miles from home for his job (and the apartment) he found after living for nearly a year with relatives. It took 15 years before my family could crawl out from under poverty, and not everyone coming home from the war was even that successful.

Actually, the entire country's way of living had to be retooled, with the top tax rate placed its all-time high of 94% applied to income above $200,000 in 1944 and 1945!!

 

[MaggieMae]

She is a unemployed high school dropout who's only purpose in life it seems is to start threads on this site about the demise of our country. She doesn't know what she is saying 99.9% of the time and when she "read" that article posted, she just looked for the word 'decrease' and assumed it was showing Obama in a bad light and thus somehow validating her POV.

There is no use trying to have an intelligent discussion with someone who is unfortunately just not intelligent.

Apparently, an "intelligent discussion" with a liberal is, when you challenge their lies, they go into a vitriolic rant attacking you personally.

Yes, sooooooooooo intelligent liberals.

No wonder you can't discuss the actual economy.

And anyone that disagrees with you is labeled a liberal.
I was voting Republican before you were born.

Me too, until Reagan's second term.

 

[Missourian]

You have been told at least twice in the last month. You don't like the answer, because it means less control by government. Your scared of being responsible and hard work.

I'll repeat the question:

what should the administration be doing that they are not doing, or have not done?

To use the old adage: That's the $64,000 question. Funny that the ones who complain the most can't answer it.

The question is a defection.

You don't have to know what the answer is to know what it's not.

I don't know what the square root of 2,453,123,834,947,174,443,876 is...but I know it's not -3.

Obama's plan isn't working...history told us it wouldn't work, economists told us it wouldn't work, and lo and behold...it didn't work.

stimulus won't work - Google Search

 

[8537]

Gotta look back farther than 12/7/41 or 9/11/01 to see how government intervention was at work, just like we need to look past 1/20/09 to see how government intervention was at play regarding the economy.

No sorry, you are trying to equate foreign policy with domestic policy and they just aren't the same things.

I'm using government intervention as cause concerning a lot of our problems;here and abroad, to me, that's consistent.

that IS consistent. That's why it confuses so many people.

 

[MaggieMae]

News Headlines

It's all BUUUUUUUUUUUUUUUSH's fault!

Yeah right! Democrats have been in control since 2007, but they are just innocent of all the economic damage their policies have caused.

November is coming liberals!

...

Yeah, just ignore the USS Cole, the embassy bombings in Kenya, the 1993 World Trade Center bombing, the walls put between intelligence agencies that even the 9/11 Commission said lead to 9/11.

Yeah peace and prosperity! Liberals are so full of it!

You notice Bush didn't sit around for YEARS after 9/11 and say it was all Clinton's fault. HE DID SOMETHING ABOUT IT!!!!!!!!!

All Obama has done for MONTHS is let things get worse and say "it's Bush's fault!!!!!!" Give me a break!

Another typical con ploy: When you start losing the debate, toss in a few non-sequiturs. But since you bring it up, the attack on the USS Cole happened when Clinton had only 3 months left in office; it took Bush another 4 years to capture the perpetrators, through diplomatic measures, and yet by 2008, they all had escaped from prison or been freed by Yemeni officials.

 

[MaggieMae]

Apparently, an "intelligent discussion" with a liberal is, when you challenge their lies, they go into a vitriolic rant attacking you personally.

Yes, sooooooooooo intelligent liberals.

No wonder you can't discuss the actual economy.

And anyone that disagrees with you is labeled a liberal.
I was voting Republican before you were born.

I've noticed over the years that some who call others liberal voted Democrat at one time and wouldn't know what "conservative" was if it bit them square in the ass.

These days, anyone who doesn't think (think?) like a rabid right winger is labeled a liberal or a rino. I often wonder when they stopped teaching American history and Civics in high school.

 

[MaggieMae]

cheering Bush for bombing innocents after 9/11 is where teapartyGED is. That's why Mcfossil lost.

Oh man! You really lost the argument haven't you?

You have abandoned your oh sooooooooooo "educated" position of numbers only prove I'm right to go on about Iraq.

Oh man, feel the burn.

Try that argument and see if it gets your liberals re-elected in November.

I'm really hoping that the Republicans sweep in November because I'm genuinely interested in their solutions, which, to date, have amounted to a big fat zero. I'm usually not an I-told-you-so type of person, salivating over pouring salt into wounds, but this time around I'll be the first to start hammering for IMMEDIATE answers and solutions--just as you people have been doing since January 2009.

 

[Mr Natural]

cheering Bush for bombing innocents after 9/11 is where teapartyGED is. That's why Mcfossil lost.

Oh man! You really lost the argument haven't you?

You have abandoned your oh sooooooooooo "educated" position of numbers only prove I'm right to go on about Iraq.

Oh man, feel the burn.

Try that argument and see if it gets your liberals re-elected in November.

I'm really hoping that the Republicans sweep in November because I'm genuinely interested in their solutions, which, to date, have amounted to a big fat zero.

About the only thing that will change is the level of debate around here.

 

[MaggieMae]

This is a depression:

This is not:

See the difference?

Yeah, Obama can keep going on vacations while 10% of us are out of work!

Another non-sequitur. You're just too damned funny. Like the whole thing could have been resolved in the last two weeks. Grow up.

 

[MaggieMae]

That wouldn't be me!

But then I wouldn't vote for someone who has a liberal foreign policy that is no different from the radical left and call it "true conservatism."

Neo conservatism is as liberal as "Obamacare".

Yeah right. That's why the "neo conservatives" are against both Obama care and the radical left and Pat Buchanan's hate of Israel.

Pat loves Sarah who thinks just about everything can be resolved with a gun. Go figure.

 

[MaggieMae]

I am rich and proud of the control the investor class has. Thanks for pointing it out.

And this is the guy who cares soooooooooo for the poor, he tells them they are really better off under Obama, regardless of the reality.

If unemployment benefits hadn't been extended at least three times (may be more), with zero votes by Republicans, there would be even MORE people on the gubmit dole. It really ain't rocket science, dearie.

 

[MaggieMae]

Get this!

Some elite is doing fine!

Can't be a depression. I'm sure the rich said the same in the 30s..

Say you're not rich? Guess again!!!! Obama says you're rich if you make 250K and in some speeches it was 100K.

He'll get down to your income as the economy goes further and further South.

Yeah, right Moe.
The elite eat at Olive Garden. Meals starting at $7.

How many unemployed do you think can afford that??????

Oh that's right, you think they are eating at Olive Garden on Obama's money!

I think that was his point. That whooshing sound you hear is the air rushing through your empty head.

 

[MaggieMae]

YEAH! Decrease, decrease, decrease, revised downward, etc etc etc.

This makes Obama look good?

What would you like Obama to do about it? Mandate wage scales? Order businesses to start hiring again? What would a President Palin or President Gingrich do about it if the economy continues to tank or even remains flat?

Criticism abounds because it's easy. Solutions not so much.

Yeah, I mean all the socialist BS that Obama has done, hasn't improved things!

What could anyone else do that's different!!!!!!!!

That you guys have NO CLUE what should be done says a lot.

HOW ABOUT LESS GOVERNMENT INTRUSION, CUT TAXES ON BUSINESS AND CAPITAL GAINS. CUT ONE OF THE HIGHEST CORPORATE TAXES IN THE WORLD.

NAH!!!!!!!! Obama can't do that!

He better keep spending money he doesn't have on stimulus!

Try reading material other than just headlines, and you might not appear so clueless.

Study says most corporations pay no U.S. income taxes | Reuters

Top Tax Deductions for Your Small Business - Free Legal Information - Nolo

Who Would Obama Tax Increases Hit? - The Wealth Report - WSJ

 

[Gadawg73]

You have changed your stat three times now since I started challenging you. That shows dishonesty and weakness on your part. Now 90% of people are paying their mortgages and getting raises? (those working)

If that were true, why the recent increase in foreclosures? Most people I know took jobs that paid less than their old job. If they got a raise, it still is well below their old job's rate. Your wrong and spewing nothing but messiah 0bama scripture.

toppy was one of those I was speaking of who said the economy would rebound in 3rd quarted 2008 or 1st quarter 2009. He Kept talking about how could things be bad the mall parking lots were full.

He has been wrong all along on the economy.

What I find most intriguing is the vast chasm between priorities. Not too long ago, tens of thousands either stood in line across the country or pre-ordered the new I-Phone 4, yet in a few short weeks thereafter, over 400,000 people jammed a gymnasium in Georgia just to pick up an application for Section 8 housing. Just who am I supposed to feel sorry for? The people who choose to spend their money on stupid shit and then go on to complain about the lack of jobs, or the people who can't afford a roof over their heads which has tripled as a result of the housing crisis?

4,000 not 400,000 applied for Section 8 here.
And it was a damn riot.

 

[MaggieMae]

your poor and a clown, I posted the gov numbers already. Stop spinning weakling.

Your numbers combined Private sector and Public sector.

Private sector Wages are not keeping up with the Public Sector.

Why don't you be honest.

Because he's totally out of touch with the private sector.

He doesn't care. It's going great guns for him. To hell with those getting screwed in Obama's economy.

That is your typical liberal.

You have such typical bumper sticker mentality.

 

[Jack Fate]

Here's a good bumper sticker.

"The Summer of Recovery" is turning into "The numbers are worse than expected".

 

[MaggieMae]

toppy was one of those I was speaking of who said the economy would rebound in 3rd quarted 2008 or 1st quarter 2009. He Kept talking about how could things be bad the mall parking lots were full.

He has been wrong all along on the economy.

What I find most intriguing is the vast chasm between priorities. Not too long ago, tens of thousands either stood in line across the country or pre-ordered the new I-Phone 4, yet in a few short weeks thereafter, over 400,000 people jammed a gymnasium in Georgia just to pick up an application for Section 8 housing. Just who am I supposed to feel sorry for? The people who choose to spend their money on stupid shit and then go on to complain about the lack of jobs, or the people who can't afford a roof over their heads which has tripled as a result of the housing crisis?

What in the hell are you saying here?

That it's the fault of those buying the Iphone4 for those who are out of work?

Do you not get the divide in incomes being caused by this administration when rich are those working for government and the poor are out of work from the private sector?

It was an EXAMPLE of people's priorities, idiot. Pay attention. Just like whomever made the comment how stupid it is to take money from a 401k to visit Disneyland. EXAMPLES. Get it?

 

[Jack Fate]

Hey Maggie, do you think owning a home is a "right"?

 

[MaggieMae]

I'm agreeing with you that government intervention causes unintended consequences no one is blaming anyone but government and it's interventionist ways.

The problem is, NON GOVERNMENT INTERVETNTION causes big consequences too, like the government ignoring the war in Europe until it came to our shores on December 7, 1941, OR on 9/11/2001.

There is a big difference between the government getting out of the lives OF AMERICAN CITIZENS and the government ignoring the problems in the rest of the world, until it is dumped on our shores in a heap of bodies.

Gotta look back farther than 12/7/41 or 9/11/01 to see how government intervention was at work, just like we need to look past 1/20/09 to see how government intervention was at play regarding the economy.

There is only ONE reason the economy tanked as badly as it did, and that was the demise of the housing market, which was brought about by the SEC ignoring government regulations already in existence. I don't think any economist alive, Republican, Democrat, Libertarian, Socialist, whatever, really knew how dependent our entire economic system was on the housing market which we've now learned was all intertwined and when it fell, the whole thing fell like dominos.

 

[saveliberty]

The longer you deny the problem exists, the bigger the wait before things can start to be fixed. If your not part of the solution, your the problem. 0bama denies we still have a seriously deepeing recession. You do the math.