Real World Event Discussions

Despite what doom/gloomers say, economy roars on.

POSTED BY: AURaptor
UPDATED: Thursday, October 23, 2025 22:23
VIEWED: 13580
PAGE 15 of 19

RUE
Thursday, August 16, 2007 1:13 AM

"because there's no question this economy has been doing very well ----"

housing down in 41 states, DOW off 1000, low voter confidence - these aren't from months ago, they're from the week. You have a funny idea about what a good economy is.

How do YOU explain a "good economy" with those stats ?

***************************************************************
"Global warming - it's not just a fact, it's a choice."

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Thursday, August 16, 2007 1:59 AM

Quote:

Originally posted by rue:
"because there's no question this economy has been doing very well ----"

housing down in 41 states, DOW off 1000, low voter confidence - these aren't from months ago, they're from the week. You have a funny idea about what a good economy is.

How do YOU explain a "good economy" with those stats ?




Dumbass, look at when this thread was started. 16 months ago.

And you never did answer my question about how long it took you to find this thread again, so you must be an effing coward too.



People love a happy ending. So every episode, I will explain once again that I don't like people. And then Mal will shoot someone. Someone we like. And their puppy. - Joss

" They don't like it when you shoot at 'em. I worked that out myself. "

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RUE
Thursday, August 16, 2007 2:29 AM

"And you never did answer my question about how long it took you to find this thread again"

Less than a minute. I know how to do efficient searches.

So to YOU it doesn't matter that the economy is tanking now ? Is that what you're implying ?

***************************************************************
"Global warming - it's not just a fact, it's a choice."

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Thursday, August 16, 2007 1:53 PM

Quote:

Superlatives, son. Larger economy allows for a bigger defecit, but that defecit will be a smaller % of the budget. It's all been said before, and if you want to play that game again, have at it. I'm done w/ this merry-go-round.
Because what you just said doesn't make any sense, either generally or specifically.

It's possible to have a smaller income but record debt AND record percentage of debt at the same time. But why argue about "coulda"? Thanks to the chart you so nicely linked (but didn't read) I can see a few trends:

www.taxpolicycenter.org/TaxFacts/TFDB/TFTemplate.cfm?Docid=200

Except for the 30's and 40's THE Federal deficit, as a percent of GDP, was higher in the REPUBLICAN years and highest at 6% under that Republican hero Ronnie Reagan

The ONLY President to have a surplus since 1960 was a Democrat (Clinton)

For all the fuss that Republicans make about lowering taxes, it is Democrats who take the smaller percentage of GDP as taxes, and Clinton who took the smallest percentage in 40 years, at 16.5% of GDP.

As a percent of GDP, George Bush is neither the biggest spender not the biggest debtor. However, he is the only President to create a 5% of GDP increase in debt during his tenure.




---------------------------------
Always look upstream.

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Thursday, August 16, 2007 3:36 PM

bump for Rap. Because artithmetic still works..

---------------------------------
Always look upstream.

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Thursday, August 16, 2007 4:18 PM

Midday, DOW off another 165 at this time...Roar on..

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Thursday, August 16, 2007 4:35 PM

There's a certain irony to Auraptor's original statment about this economy being on fire. Yep, its roaring like a bonfire.

Carry on.

---------------------------------
Saw THAT comin'.

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RUE
Thursday, August 16, 2007 4:39 PM

Down 250 now ... fascinating - like watching a train wreck.

Quote:

Originally posted by kaneman:
Midday, DOW off another 165 at this time...Roar on..



***************************************************************
"Global warming - it's not just a fact, it's a choice."

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Thursday, August 16, 2007 4:59 PM

New York Stock Exchange.

"After the numbers from the Philly Fed came out, the Nasdaq erased all its gains for the year."


Roar on.....


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Thursday, August 16, 2007 5:04 PM

Quote:

Originally posted by rue:
Down 250 now ... fascinating - like watching a train wreck.
Quote:

Originally posted by kaneman:
Midday, DOW off another 165 at this time...Roar on..



***************************************************************
"Global warming - it's not just a fact, it's a choice."




Make that 341

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