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Thread: Economic Boom ..Ya FOOLS..

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    Economic Boom ..Ya FOOLS..

    Hard "awakening" that I know

    Yet this is "REALITY"

    Hard Working Americans Sure Do See The Economy A Lot Differently Than The “Experts” Do

    Hard Working Americans Sure Do See The Economy A Lot Differently Than The Do
    Last edited by Karl; 07-06-2019 at 08:41 PM.
    ..

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    Michael Snyder seems to specialize in "Doom Porn." He's got three separate blogs; the articles are different but the theme is the same.

    He makes some points, in general...but it seems over the years he's become emotionally invested in the issue, the Narrative. Like the old man in the village square, screaming THE END IS NEAR!!.

    We have many problems ahead. But...did you eat today? Great! Not everyone, and not even in America in the past, could people say that.

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    Quote Originally Posted by Karl View Post
    Hard "awakening" that I know

    Yet this is "REALITY"

    Hard Working Americans Sure Do See The Economy A Lot Differently Than The “Experts” Do

    Hard Working Americans Sure Do See The Economy A Lot Differently Than The Do
    So you have swallowed whole, the unfounded OPINIONS of the author. The economy is strong. Will it slow at some point? Yes, it always does. Upturns and downturns are normal. The author cites POLLS of what "people" think. Polls of people guaranteed that clinton would become president and Trump will not be reelected.

    You willingly posted pure, concentrated, bullshit.

    June 224,000 new jobs. UE at 3.7% You could look back at UE to Jan 1980, and find that until Trump took office there was ONE MONTH at 3.8%. 39 years and not once has today's UE rate been lower. How long can it go on is unknown as we have never had it this good in peacetime.

    Many people, for reasons inexplicable, cannot stand prosperity. YOU are one of them, your personal history proves nothing else.
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    ...
    Last edited by Brat; 07-06-2019 at 09:34 PM.
    Unwavering support of my President, Donald J Trump

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    Quote Originally Posted by Dan40 View Post
    So you have swallowed whole, the unfounded OPINIONS of the author. The economy is strong. Will it slow at some point? Yes, it always does. Upturns and downturns are normal. The author cites POLLS of what "people" think. Polls of people guaranteed that clinton would become president and Trump will not be reelected.

    You willingly posted pure, concentrated, bullshit.

    June 224,000 new jobs. UE at 3.7% You could look back at UE to Jan 1980, and find that until Trump took office there was ONE MONTH at 3.8%. 39 years and not once has today's UE rate been lower. How long can it go on is unknown as we have never had it this good in peacetime.

    Many people, for reasons inexplicable, cannot stand prosperity. YOU are one of them, your personal history proves nothing else.

    Welp let me ask ya this @Dan40 ...

    Prior to the Federal Reserve 1913 which is not "truly" a Government Agency rather the BIGGEST BANKS who "Lobby" theirs through "Senate" confirmations

    In 1972 @RMNIXON "cancelled" the BRETTON WOODS "Compact" and detached the Dollar from GOLD Standard

    Since 1972 Inflation runs 2/3 hundred "percent" since the DOLLAR went FIAT .."Paper"

    Yet our Government calculates "Inflation" on like if real food is too expensive youll eat pet food..

    Housing too expensive why youll sleep in your car ..provided ya got one
    ..

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    Quote Originally Posted by Karl View Post
    Welp let me ask ya this @Dan40 ...

    Prior to the Federal Reserve 1913 which is not "truly" a Government Agency rather the BIGGEST BANKS who "Lobby" theirs through "Senate" confirmations

    In 1972 @RMNIXON "cancelled" the BRETTON WOODS "Compact" and detached the Dollar from GOLD Standard

    Since 1972 Inflation runs 2/3 hundred "percent" since the DOLLAR went FIAT .."Paper"

    Yet our Government calculates "Inflation" on like if real food is too expensive youll eat pet food..

    Housing too expensive why youll sleep in your car ..provided ya got one
    I hope you are drunk. This guy is playing people to sell his books, end of story, and if you are too stupid to see that then maybe you should buy some gold from Beck.

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    Quote Originally Posted by retiredat50 View Post
    i hope you are drunk. This guy is playing people to sell his books, end of story, and if you are too stupid to see that then maybe you should buy some gold from beck.
    1-88-gold-line
    Last edited by Rickity Plumber; 07-07-2019 at 06:11 AM.



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    I tend to agree with the article but I would point out that they are talking about 2 different things even though they sound the same. And yet the 2 different things are kind of the same thing with the same cause. The US economy IS doing great right now. Trump has lowered taxes on people & businesses plus cutting regulations that slow or stop businesses & that is what has unleashed our businesses. People's taxes going down means that they can spend more (not save, of course) & that also raises the economy. People's pay will slowly go up as companies hire & compete for qualified people.

    But the common problem is that both people & our government spend to much. When we pay into the government, the government just spends more & by more I mean that they borrow to spend more than they take in no matter how much comes in. The same is true with most people. Give them $5,000 more per year & they will not only spend that but that will increase their credit rating & allow them to borrow more. Our government officials won't address that problem & instead just keep ignoring it & hoping that we will go bankrupt AFTER they get out of office. Again the same is true with people, they won't address their spending problems until after they are bankrupt & a lot of times not even then.

    It's not a problem with the system exactly. It's a problem with ourselves & the people we elect.

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    I'll add a couple of things:

    1. Our lawmakers pass things for 3 basic reasons. 1. They themselves make money off of it 2. They get votes because of it. 3. It's good for the people. Notice that I put good for the people last? Really I should have put it last but skipped a couple of pages before listing it because that's the priority. And we should remember something. They are often (almost always) passing laws or regulations on things that they know nothing first hand about. For instance they might change the chemicals required to clean carpets & they are making that law from 2nd hand info that they got from someone who will benefit from the change.

    2. To start a new program of any kind they ALWAYS use creative math to make it appear to cost MUCH LESS than it will cost. And that's true with everything. For instance they propose a new tax & say that it will raise tax income by XX amount, yet it never does. Why? They never figure than if you take money away from people they spend less so less taxes are collected when they buy stuff. (so estimates work both ways, cost less, raise more).

    3. Lastly every year they spend more than they take in. But the problem is that the economy goes up & down. So on years when the economy is down they have already spent X amount of dollars & need to borrow even more to make payments on that debt & to keep the programs going. We see this really go down hill in bad economies because less taxes are taken in as the social programs expand. Again normal every day people do the exact same thing by spending when they have it & when something happens they build up huge debt until they can no longer borrow. Sooner or later that is going to happen to our country. And I believe from the time when we see it coming & it happens will be a period of months rather than years. (Although many can see it coming now).

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    Quote Originally Posted by Karl View Post
    Welp let me ask ya this @Dan40 ...

    Prior to the Federal Reserve 1913 which is not "truly" a Government Agency rather the BIGGEST BANKS who "Lobby" theirs through "Senate" confirmations

    In 1972 @RMNIXON "cancelled" the BRETTON WOODS "Compact" and detached the Dollar from GOLD Standard

    Since 1972 Inflation runs 2/3 hundred "percent" since the DOLLAR went FIAT .."Paper"

    Yet our Government calculates "Inflation" on like if real food is too expensive youll eat pet food..

    Housing too expensive why youll sleep in your car ..provided ya got one
    Housing too expensive? Why are 2019 home sales well above 2018 which was well above any of the previous 5 years?
    You are like the typical liberal/Demorat,,,,,,,,willing to believe the silliest bullshit without ever checking.
    People that cannot keep a job find everything too expensive. And blame prices and inflation whjile the problem can be found in any mirror.
    Inflation from 1913 to 1972 was 322.2%
    #BlackLIESMatter---Martin Luther King Jr. was a REPUBLICAN!


    The Democratic Party. The party of the STUPIDS, for the STUPIDS, by the STUPIDS.

    جعل أمريكا كبيره مره أخرى
    I VOTED FOR THE PRESIDENT!

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