Gator Country

GatorRade · 01-04-2013, 08:53 AM

Quote:

Originally Posted by Burke

Seems like most here are a herd being led to slaughter.

One poster declares boldly that we shall overcome, but makes no suggestions how.

The solution is a free market revolution, but outside Objectivism, virtually no one is saying that.

These are the assertions that you've made repeatedly on here, and clearly you are convinced you are right. However, I am still skeptical that (a) you've identified a problem that is catastrophic and (b) that anyone needs to know "how" to overcome it in order for us to overcome it. There was a time that no one knew how to overcome polio, hypothermia, scurvy, depression, breech birth, or lemons that were too sour. We made it through. If you are really worried about this issue, watch Japan. They have twice the debt/GDP ratio that we have.

**Burke** · 01-04-2013, 09:39 AM

Nice to see some optimism, but you don't write anything to support it.

Swampmaster · 01-04-2013, 09:41 AM

Quote:

Originally Posted by Burke

Almost everyone I know with a brain is preparing somehow, even if it means leaving the country.

which is the best country to move if the economy collapses?

wgbgator · 01-04-2013, 09:42 AM

Quote:

Originally Posted by Burke

Nice to see some optimism, but you don't write anything to support it.

Maybe he could post today's jobs report? 155,000 jobs added, etc ....

ChartsandGrafs · 01-04-2013, 09:54 AM

155,000 jobs added without any context makes for some nice government propaganda, but considering how much money the government is spending into the economy well over their budget, that's pretty anemic job growth.

At this rate, it'll only cost us a few trillion more to get us back to 6 percent unemployment.

wgbgator · 01-04-2013, 10:05 AM

Quote:

Originally Posted by ChartsandGrafs

155,000 jobs added without any context makes for some nice government propaganda, but considering how much money the government is spending into the economy well over their budget, that's pretty anemic job growth.

At this rate, it'll only cost us a few trillion more to get us back to 6 percent unemployment.

Well, the context would be looking at the last 4 -5 years or so.

ChartsandGrafs · 01-04-2013, 10:20 AM

Quote:

Originally Posted by wgbgator

Well, the context would be looking at the last 4 -5 years or so.

I'm curious, why would you limit the context to that specific time frame? The government has been overspending far longer than that and job growth has been putrid relative to population growth and government expenditures for over a decade now.

Either way, 155,000 jobs added, if the numbers are to be believed, is hot garbage. With the insane amount of money the U.S. government is spending, we should be seeing far more job growth. Our economy is essentially walking dead.

wgbgator · 01-04-2013, 10:29 AM

Quote:

Originally Posted by ChartsandGrafs

I'm curious, why would you limit the context to that specific time frame? The government has been overspending far longer than that and job growth has been putrid relative to population growth and government expenditures for over a decade now.

Either way, 155,000 jobs added, if the numbers are to be believed, is hot garbage. With the insane amount of money the U.S. government is spending, we should be seeing far more job growth. Our economy is essentially walking dead.

Because that's when the financial system went into panic? I mean, how much "context" are you looking for?

ChartsandGrafs · 01-04-2013, 10:53 AM

Quote:

Originally Posted by wgbgator

Because that's when the financial system went into panic? I mean, how much "context" are you looking for?

I'll settle for just basic common sense context at this juncture.

The point is, the U.S. economy has been in decline for far longer than just 4-5 years. As it was, the panic in the financial system and subsequent meltdown in 2008 was just a symptom of a much greater problem, and that problem is the fact that the U.S. economy is no longer productive enough to sustain the lifestyle of Americans or our government's spending habits without blowing bubbles, borrowing, inflating, and the banking/financial system engaging in mass corruption. This problem goes back to well before even Clinton's two terms.

I don't think a 4-5 year window with which to judge our "recovery" can provide any real answers.

wgbgator · 01-04-2013, 11:00 AM

Quote:

Originally Posted by ChartsandGrafs

I'll settle for just basic common sense context at this juncture.

The point is, the U.S. economy has been in decline for far longer than just 4-5 years. As it was, the panic in the financial system and subsequent meltdown in 2008 was just a symptom of a much greater problem, and that problem is the fact that the U.S. economy is no longer productive enough to sustain the lifestyle of Americans or our government's spending habits without blowing bubbles, borrowing, inflating, and the banking/financial system engaging in mass corruption. This problem goes back to well before even Clinton's two terms.

I don't think a 4-5 year window with which to judge our "recovery" can provide any real answers.

Isn't "decline" something that depends on context too? Yeah, I doubt the US economy is going to experience the kind of growth from the late 19th century or the 20 years post WWII in the 20th. Yeah, I suppose things look grim compared to some of the most unprecedented periods of economic growth in world history. That doesnt mean the economy is headed for collapse or is "walking dead" though.