Re: Florida State Seminoles
Posted: Fri Apr 05, 2019 1:46 pm
Like I said, we're fucked. Well, not us as bad as our kids.
College Hoops, Disrespection, and More
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Bill Gates didnt own yahoo or google nor netflix back then. He did well though. Helped me a bunch but it all happened under Billy. Best financial years of our 50plus years so far right? Built my house. CAAAASSSSSHHHHH!eCat wrote:Bill Gates had more to do with that than Bill ClintonJungle Rat wrote:We were all better off financially when Clinton was in charge. If you didn't make money under his watch you weren't paying attention.
I don't know which country whose economy you are bemoaning. Maybe that of the glorious worker's paradise of Venezuela, whose socialist economic model you'd like to bring here. But the US economy is doing great by any measure since Trump got elected. Hot off the presses:Saint wrote:Then we're fucked. Better buy more bulletseCat wrote:Saint wrote:I don't think Trump's policies are beneficial to the country. There is scant proof of that right now and if the economy doesn't turn around quickly, he's going to be out on his ass and we'll have to let the Dems try again.
if the economy doesn't turn around quickly? I got news for you, this is as good as it gets for the US economy.
Oh the horror...Job market bounces back in March with 196,000 gain in payrolls
Nonfarm payrolls expanded by 196,000 and the unemployment rate held steady at 3.8%.
Wage gains fell off the recent strong pace, increasing just 0.14% for the month and 3.2% year over year, below expectations of the 3.4% pace from last month.
The numbers came a month after February's jaw-dropping gain of just 20,000, which was revised up to 33,000 in the March report.
https://www.cnbc.com/2019/04/05/nonfarm ... -2019.html
70% of Wall Street thinks Trump will be reelected in 2020
While Biden was viewed as the most stock market-friendly possible Democratic candidate, more than 70% expect Trump to be reelected.
Elections can affect financial markets; the Dow rallied 8 percent from the 2016 election to year-end as investors grew confident in tax reform and big spending.
RBC also said that if Biden does not declare, or the polling data suggests that he won't win the nomination, it could weigh on the market.
https://www.cnbc.com/2019/04/05/70perce ... -2020.html
I propose that you diehedge wrote:"and a bunch of people are going to be pissed off because the 100 million are taking it in the shorts for the 20 million"
What do you propose we do about the 20 million? Just let them die?
there is no easy decision but finding middle ground for the masses by lowering the majority to raise up the minority is not the answer - -whether its health care, social security or income securityhedge wrote:"and a bunch of people are going to be pissed off because the 100 million are taking it in the shorts for the 20 million"
What do you propose we do about the 20 million? Just let them die?
lower rates sustain housing and auto - big ticket consumer items that keep the economy goingSaint wrote:Is that why he's begging the fed to.lower interest rates? Wage gains are nil. Keep trying, Prof. The money at the top ain't getting to the bottom or even middle. It's been the same song for 30 years
I never said things are fine and dandySaint wrote:Does that explain 30 years of it? Low wages are a product of unfettered greed. Blaming Mexicans completely misses the point. US companies have been outsourcing for years. The problem is still the top and all Trump is doing is rewarding those at the top. But keep thinking things are fine and dandy
Lowering interest rates is actually part of the problem. Obama had 0% interest on his watch and all that does is encourage a bunch of investment that cannot all possibly pay off in the big picture which means you're "solving" the problem by creating another bubble. The real solution is very simple and there's only one way to do it. Don't let a millionth of the population have half the wealth. Bernie talks about this all the time. End Christmas for the 0.1% and we can actually have a more reasonable society.Saint wrote:Is that why he's begging the fed to.lower interest rates? Wage gains are nil. Keep trying, Prof. The money at the top ain't getting to the bottom or even middle. It's been the same song for 30 years
Not the bottom, fuck those guys and fuck the ones at the top. What about the middle class? We grew up in a time that families could afford many of the simple things that are now out of reach for a growing number of middle class families. Now hardly anyone can afford a home or health care, much less a new car or fancy vacation. I don't know what a president or any politician can do, save hold off the barbarians at the gate if they're inclined. The one we have now is a barbarian but it doesn't matter. We're too far gone as a society to have the values necessary for the middle class (and even the lower class) to flourish but that's our only solution. It won't come from govt or corporations unless it's mandated by the people while we still have a voice.eCat wrote:I never said things are fine and dandySaint wrote:Does that explain 30 years of it? Low wages are a product of unfettered greed. Blaming Mexicans completely misses the point. US companies have been outsourcing for years. The problem is still the top and all Trump is doing is rewarding those at the top. But keep thinking things are fine and dandy
I said this is the best the US economy gets
you rail about totalitarianism , what is it you want Trump (or any president) to do for those at the bottom?
hedge wrote:"there is no easy decision but finding middle ground for the masses by lowering the majority to raise up the minority is not the answer - -whether its health care, social security or income security"
If you don't have a solution, quit complaining...
Tree wrote:Lowering interest rates is actually part of the problem. Obama had 0% interest on his watch and all that does is encourage a bunch of investment that cannot all possibly pay off in the big picture which means you're "solving" the problem by creating another bubble. The real solution is very simple and there's only one way to do it. Don't let a millionth of the population have half the wealth. Bernie talks about this all the time. End Christmas for the 0.1% and we can actually have a more reasonable society.Saint wrote:Is that why he's begging the fed to.lower interest rates? Wage gains are nil. Keep trying, Prof. The money at the top ain't getting to the bottom or even middle. It's been the same song for 30 years