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Old 02-25-2006, 01:28 PM   #16
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i think chavez is crazy but i like the fact that he is willing to give bush the finger occasionally.
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Old 02-25-2006, 01:42 PM   #17
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Originally posted by VertigoGal
As much as certain economic trends scare me, that's bullshit. Even without being in the top 1% it's possible to raise a family and have a decent quality of life. If you can show me one country where there's really anything close to social equality I'll be surprised.
That's not what I'm talking about. What I am talking about is how everyone outside of the top 1% are "expendable."

If you've ever taken a collegiate-level microeconomics course, chances are that you've left with the impression that labor are on the same level as machinery. In other words, we are also as expendable as an old i286 PC from the 1980s.

So when we talk about "economic prosperity" and "jobless recovery" in the same breath, what we are really talking about is how, in the eyes of economists, we mean absolutely nothing. Our prosperity, our employment, our debt level, our happiness...it's totally meaningless. All that matters is how prosperous businesses are, and as long as the top 1% are happy--CEOs, CFOs, executives, investors, etc.--are successful and prosperous, it doesn't matter if the rest of us are struggling. After all, we don't matter.

That is my point.

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Old 02-25-2006, 01:44 PM   #18
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oh okay, well that makes a lot more sense.

sorry for the other comment then.
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Old 02-25-2006, 04:32 PM   #19
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Well, if you define "economic progress" as "corporate profits," you'd be correct. However, in terms of "labor progress," we have that "jobless recovery," coupled with reports that average household income has actually dropped this year.
The metrics consistently used over time show economic gains, not loses. Naysayers will always be able to find one metric that shows decline.
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Old 02-25-2006, 04:44 PM   #20
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The metrics consistently used over time show economic gains, not loses. Naysayers will always be able to find one metric that shows decline.
But that's it. "Economic gain" is defined solely by corporate profit. That's why we can start throwing around terms like "jobless recovery," which I deem to be a contradiction in terms.

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Old 02-26-2006, 07:21 AM   #21
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Well, we've been on an upswing for the last couple of years.
well, well... *diplomatic*



what about the macroeconomic situation

trillions of debts?

ok i think you have less unemployment than under reagan..

aside the whole cost of the war, and only certain industries profit

not the perfect picture if you ask me
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Old 02-26-2006, 09:07 AM   #22
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the economy is fine
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Old 02-26-2006, 11:01 AM   #23
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I don't like the deficit, either. Funny. It used to be the conservatives who complained the most about deficits. Now they're the ones who run them up.
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Old 02-26-2006, 01:51 PM   #24
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Originally posted by whenhiphopdrovethebigcars
well, well... *diplomatic*

what about the macroeconomic situation

trillions of debts?

ok i think you have less unemployment than under reagan..

aside the whole cost of the war, and only certain industries profit

not the perfect picture if you ask me
When deficits rose during the Reagan Administration, it was described as an economic travesty - that the US would be in debt forever and the economy would be further weakened.

As we can see, the debt didn't last forever and the US economy is far stronger that the one Reagan inherited.

A similar cycle is occuring now.
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Old 02-26-2006, 01:52 PM   #25
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I don't like the deficit, either. Funny. It used to be the conservatives who complained the most about deficits. Now they're the ones who run them up.
Conservatives tend to complain about ever increasing taxes to feed a hungry government.
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Old 02-26-2006, 02:09 PM   #26
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Funny, my Republican governor is considered vulnerable in the elections this year because he tried to increase taxes his first year in office. This was turned down in a referendum by a 2-1 margin. If we put Roy Moore in the statehouse I'll scream. I'm afraid that's exactly what's going to happen.
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Old 02-26-2006, 05:14 PM   #27
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am i the only one who feels OUTRAGED that someone is questioning bush's authority and dares to put him in the dock??
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Old 02-26-2006, 05:18 PM   #28
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As we can see, the debt didn't last forever and the US economy is far stronger that the one Reagan inherited.
I don't quite know what you're talking about. We're $8.25 trillion in debt, which accumulated on top of Reagan's debt. We never paid it off, so "forever" still is in play here.

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Old 02-27-2006, 03:13 AM   #29
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Conservatives tend to complain about ever increasing taxes to feed a hungry government.
And you are not being run by neo-cons you are being run by "compassionate conservatives".
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Old 02-27-2006, 10:49 AM   #30
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Originally posted by melon


I don't quite know what you're talking about. We're $8.25 trillion in debt, which accumulated on top of Reagan's debt. We never paid it off, so "forever" still is in play here.

Melon
So all the claims on how Clinton erased the deficit were not true?
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