Working. Too dam busy to complain. It is the non working class that has all the time required to show up at every protest.
Obama breaks through economic barrier!
- Thread starter JLM
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Working. Too dam busy to complain. It is the non working class that has all the time required to show up at every protest.
To be human means, among other stuff, to know evil. Some of us know it and avoid it others become close friends.
Humans don't react well to failure. It's the market equivalent to not wanting to admit.
Denial and being evil are not the same
The problems have largely been created by people that spent too long in skool and not enough time doing something productive. They dismiss trades as being lower class while we laugh at their inability to mow their own lawn or change a lightbulb.
Denialof truth certainly is evil and stupid and even if it was just ignorance that is also evil and a sin for that reason.
Our society is so lazy today we find it to much work to produce the most fundamental element of life. Our own children.
Denialof truth certainly is evil and stupid and even if it was just ignorance that is also evil and a sin for that reason.
That's a fine looking high horse.
In their situation I think most humans would act in the way they are.
I can't say I'd act better.
I like watching them use screwdrivers, hammers are a blast too. I wonder what school was all about anyway. No body can even knit socks anymore, we live in the woods and all our kitchen tables and chairs come from the other sides of the planet.
It makes real good poop, would you like a bag?
I like watching them use screwdrivers, hammers are a blast too. I wonder what school was all about anyway. No body can even knit socks anymore, we live in the woods and all our kitchen tables and chairs come from the other sides of the planet.
It makes real good poop, would you like a bag?
Have you even considered that they may be in denial because they realize how bad things would be if they faced the truth.
Have you even considered their denial may be the only think stoping much misery and pain for all of us?
Or are you looking foward to that pain & misery?
Things are bad because they did not face the truth in the first place, more of the same ain't going to fix anything. You are talking about some as yet mythical pain and misery while ignoring the present and past real pain and misery No I don't look forward to pain and misery, at least not in the sence I think you mean.
It's been interesting to watch Obama critics deal with the good economic numbers the past few years. It's common for them to ignore the headline numbers (GDP, unemployment rate, etc) because it's inconvenient to their anti-Obama ideology, and instead focus on some relatively minor statistic buried deep in economic reports that gives them a little bit more justification, although not complete justification.
One common talking point on economics for the anti-Obama folks is that total labor force participation is at the lowest point in decades, but even that doesn't say as much as they think. A significant cause of it is the retirement of the Baby Boomer generation. A large generation of people dropping out of the labor force because of retirement isn't exactly an economic horror story.
One common talking point on economics for the anti-Obama folks is that total labor force participation is at the lowest point in decades, but even that doesn't say as much as they think. A significant cause of it is the retirement of the Baby Boomer generation. A large generation of people dropping out of the labor force because of retirement isn't exactly an economic horror story.
Mount Pleasent must be an interesting community. Such positive people happy with the official numerology charts. Even the lumps on their heads are educated.
Yep. I like it when GDP rises significantly and the unemployment rate declines significantly over a period of years, with extremely weak counter-arguments that say this really isn't a good thing.
Maybe they know something you don't.
Maybe facing up to the truth would mean all pension plans being wiped out.
It's easy to judge them when we don't know the full consequences of facing up to the truth.
If they are in denial, There is usually a very bad consequence to the truth.
And being in denial in the face of enormous consequences is only human.
There is a level of conspiracy theory going on with the anti-establishment, anti-Obama people when they try to make economic cases. The idea that the official reports are somehow illegitimate and only sheep believe them.
The same kind of attitude that believes vaccines make people sick, fluoride in water is a dastardly plot, climate change isn't real, Obama's birth certificate is questionable, the moon landing was fake, and the U.S. government has a HAARP machine that can control the weather.
The same kind of attitude that believes vaccines make people sick, fluoride in water is a dastardly plot, climate change isn't real, Obama's birth certificate is questionable, the moon landing was fake, and the U.S. government has a HAARP machine that can control the weather.
What is saving them is there is nothing on top of them because they are the reserve currency of the world. So as they drop everything drops with it.
And there is nothing above it to enact a consequence.
It's the to big to fail model that's saving us.
It's nice being on top of the currency pyramid
China is now attempting to make it's own world reserve currency. Until they succeed we can stay in denial.
And there is nothing above it to enact a consequence.
It's the to big to fail model that's saving us.
It's nice being on top of the currency pyramid
China is now attempting to make it's own world reserve currency. Until they succeed we can stay in denial.
The anti-Obama people haven't completely recovered from the fact the Great Recession (Dec. 2007-June 2009), a once-in-three generations recession, ended five months after Obama took office, four months after Obama signed the Democratically-passed stimulus package of 2009.
If he never signed that law, the Great Recession would have either 1. lasted longer than it did; 2. ended with some economic growth but then dropped backed into a second recession; or 3. ended with continuous economic growth that would have been less robust than it was.
If he never signed that law, the Great Recession would have either 1. lasted longer than it did; 2. ended with some economic growth but then dropped backed into a second recession; or 3. ended with continuous economic growth that would have been less robust than it was.
Exposing The Deception: How The US Economy "Grew" By $140 Billion As Americans Became Poorer
http://www.zerohedge.com/news/2014-...conomy-grew-140-billion-q3-due-data-revisions
This is simply stunning.
Regular readers will recall that last month, at the same time as the US Bureau of Economic Analysis reported was a far better than expected 3.9% GDP (since revised to 5.0% on the back of the previously noted Obamacare spending surge), it also released its Personal Spending and Income numbers for the month of October, or rather revised numbers, because as we explained exactly one month ago "Americans Are Suddenly $80 Billion "Poorer"" thanks to (upward) revised spending data and (downward) revised income. What this meant a month ago is that as a result of a plunge in the imputed US savings rate, some $80 billion in personal savings was revised away from the average American household and right into the US economy.
After all, something had to grow the US GDP by a massive amount in order to give the Fed the green light it needs to hike rates eventually, just so it can then ease when the global dry powders from all the other central banks is used up.
And sure enough, this is how just one month ago, personal
http://www.zerohedge.com/news/2014-...conomy-grew-140-billion-q3-due-data-revisions
inShare35
This is simply stunning.
Regular readers will recall that last month, at the same time as the US Bureau of Economic Analysis reported was a far better than expected 3.9% GDP (since revised to 5.0% on the back of the previously noted Obamacare spending surge), it also released its Personal Spending and Income numbers for the month of October, or rather revised numbers, because as we explained exactly one month ago "Americans Are Suddenly $80 Billion "Poorer"" thanks to (upward) revised spending data and (downward) revised income. What this meant a month ago is that as a result of a plunge in the imputed US savings rate, some $80 billion in personal savings was revised away from the average American household and right into the US economy.
After all, something had to grow the US GDP by a massive amount in order to give the Fed the green light it needs to hike rates eventually, just so it can then ease when the global dry powders from all the other central banks is used up.
And sure enough, this is how just one month ago, personal
Again it's of no consequences that we are 80 billion poorer.
As we drop, everything under us drops with us.
We can spend trillions with no consequences until something is above us to replace the world reserve currency.