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This is the WORST RECOVERY EVER

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Sun 10 Feb 2013, 18:14:49

$this->bbcode_second_pass_quote('pstarr', ' ')Do you really expect Beery to share his investment strategy with you?


???

But I didn't ask Beery to share his investment strategy and I'm not interested in Beery's investment strategy. In my post I made an investing suggestion to him of a way he could profit if he wanted to follow up on his own prediction.

If your reading comprehension skills weren't so poor, you would've understood that I didn't ask Beery about his his investment strategy in my post.

This is just another example that shows how you don't understand what you are reading. Thats obviously why you are so puzzled by things---you often don't comprehend what you've just read.

CHEERS!
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Mon 11 Feb 2013, 18:38:24

Texas gov goes to California to try to steal jobs

Texas wants to steal jobs from California

Texas Gov Perry is touring California trying to recruit businesses to move to Texas with their jobs. California just raised business taxes and income taxes yet again, so Perry is trying to convince business people they'll do better in Texas where there is no personal income tax and the business tax is much lower then California. Perry's strategy seems to be working---with both states stuck in the WORST RECOVERY EVER, Texas has done a much better job then California of creating jobs while keeping taxes low and the state books balanced. In fact Texas alone accounts for a significant proportion of the total job creation in the entire USA.

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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Tue 12 Feb 2013, 21:52:03

The foodstamp rolls have recovered to all time record highs---on average 11,239 people have been added to the foodstamp rolls every single day since January 2009.

folks on food stamps now number over 49 million---greater then the population of Spain!!

Of course, if we were having a real recovery the number of people on foodstamps would be going down as more people got good jobs.

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Number of people on food stamps goes over 49 million---Hooray for the RECOVERY!!!
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Wed 13 Feb 2013, 02:10:37

President Obama gave another masterful SOTU speech, just like his previous four masterful SOTU speeches. Once again he promised to cut the deficit and create jobs and help the middle class and cut college costs and end the deficit and attain oneness with just about every other darn promise there is. He even promised to build new infrastructure and initiate a vast new entitlement to "free universal high quality preschool education" for all and keep the military strong and save medicare and strengthen the middle class and create jobs. And then he promised to do it all without adding a penny to the deficit.

Gosh....wouldn't it be great if even a tiny bit of it was true.

Obama didn't say the words "Hope" and "Change" this time but for a moment here and there you could still feel it.

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Obama gave another hopey changey speech at the SOTU
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Re: This is the WORST RECOVERY EVER

Postby ralfy » Wed 13 Feb 2013, 12:02:40

Obama is no different from those who oppose him, as both have to work within the same economy driven by consumer spending.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Wed 13 Feb 2013, 15:04:59

$this->bbcode_second_pass_quote('ralfy', 'O')bama is no different from those who oppose him, as both have to work within the same economy driven by consumer spending.


That is exactly right. BUT unfortunately, the economy driven by consumer spending is being whacked right now by Obama's tax increases.

Consumer spending slows to a crawl due to Obama's big tax hikes on the rich and on working people

We already had negative GDP growth in Q4 2012----if Obama's tax increases continue to crash consumer spending, the WORST RECOVERY EVER is going to get even worse in 2013. 8)
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Re: This is the WORST RECOVERY EVER

Postby Buddy_J » Wed 13 Feb 2013, 15:21:34

$this->bbcode_second_pass_quote('Plantagenet', '
')Image


Wow. Texas really does have the rest of the country beat in terms of knowing something about handling an economy, doesn't it? Obama should be camped out on the state house steps with his 10 closest cronies just paying attention and watching how to make an economy work.

That supposes he WANTS to improve the economy of course, versus a more likely goal of just making as many americans as possible dependent upon washington as possible.
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Re: This is the WORST RECOVERY EVER

Postby Buddy_J » Wed 13 Feb 2013, 15:27:37

$this->bbcode_second_pass_quote('Plantagenet', '
')We already had negative GDP growth in Q4 2012----if Obama's tax increases continue to crash consumer spending, the WORST RECOVERY EVER is going to get even worse in 2013. 8)


Well, when the sum total of your entire adult life experience is somewhat....limited..?

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Re: This is the WORST RECOVERY EVER

Postby ralfy » Thu 14 Feb 2013, 01:44:49

$this->bbcode_second_pass_quote('Plantagenet', '
')
That is exactly right. BUT unfortunately, the economy driven by consumer spending is being whacked right now by Obama's tax increases.

Consumer spending slows to a crawl due to Obama's big tax hikes on the rich and on working people

We already had negative GDP growth in Q4 2012----if Obama's tax increases continue to crash consumer spending, the WORST RECOVERY EVER is going to get even worse in 2013. 8)


There's your problem: economic "recovery" by allowing consumer spending to flourish.

What's obvious is that there is no recovery for such an economy. There might have been a long-term decline, but financial speculation leading to the '08 crash no longer made that possible.

And then there's conventional oil production....
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 14 Feb 2013, 13:56:26

$this->bbcode_second_pass_quote('ralfy', ' ')economic "recovery" ... consumer spending to flourish.
What's obvious is that there is no recovery for such an economy.


Oh there's a recovery all right---its just extremely weak. Its already the WORST RECOVERY EVER, and now consumers are getting hit with Obama's tax increases and continued high energy prices, and its looking like the overall economy will get slammed by the federal budget cuts required under Obama's budget sequester law which kicks in soon. 8)
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 14 Feb 2013, 15:40:39

$this->bbcode_second_pass_quote('pstarr', ' ')if this horrid recovery Obama's fault alone, we merely need to put a ...republican into office and . . . whamo bamo! Problem fixed. Nothing about the Great and Endless Peak-Oil Recession.


Hi Pstarr:

I've told you multiple times that my opinion is that the 2008 recession and the slow post-2008 recovery are caused by peak oil and high energy prices. My issue with Obama is that he doesn't understand peak oil so his policies aren't doing the right things to address the economic problems that peak oil and high energy costs are producing.

In the post you are responding to I said continuing high energy prices are one of the causes of the continuing slow growth in the WORST RECOVERY EVER---but once again you missed it and so once again you are off on a wild tangent that bears no relationship to what I posted.

I've come to the conclusion that either you do not understand what you read ( low reading comprehension skills?) or you've got short-term memory impairment so you can't remember what you've just read (age-related short-term memory loss?). I suggest you try reading posts here out loud twice before you get all wee-wee'd up to write another outraged post that bears little relationship to what was posted. Try to concentrate on what is actually written. Try to understand and remember all of what you've just read.

Cheers!

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Sorry Pstarr-but all too often it is clear that either you didn't comprehend what you just read or you can't remember what you just read----
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Re: This is the WORST RECOVERY EVER

Postby Beery1 » Thu 14 Feb 2013, 15:44:30

I think it's funny that Obama is being blamed for the weakness of the current recovery when Republicans are the folks who gave us the WORST RECESSION EVER.

So what if it is the worst recovery ever? At least it's a recovery. I'd rather have that than the WORST DEPRESSION EVER that would have resulted from the standard Republican incompetence inherent in a McCain/Palin or Romney/Ryan administration.

But let's face facts, just for a second: all the ire about Obama is just down to racism, pure and simple: the fact is, Libertarian Tea Party wing-nuts just can't stand that a "nigger" got to be president when, by rights, he should have been mowing Uncle Cletus's lawn. But they can't admit that, so they make up lame catch phrases like "WORST RECOVERY EVER" in the hope that it will catch on so they never have to see another guy with the "wrong skin color" in the Oval Office.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 14 Feb 2013, 15:53:25

$this->bbcode_second_pass_quote('Beery1', '
')So what if it is the worst recovery ever? At least it's a recovery.


Facts are important and useful. Its a fact that this is the WORST RECOVERY EVER and its useful to understand that post-2008 GDP growth is even slower than the post-1929 GDP growth as a way to gauge the magnitude of our current economic problems.

$this->bbcode_second_pass_quote('Beery1', ' ')...a "nigger" got to be president when, by rights, he should have been mowing Uncle Cletus's lawn.


Please keep your nutty racist thoughts to yourself. :roll:
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Re: This is the WORST RECOVERY EVER

Postby Beery1 » Thu 14 Feb 2013, 15:59:11

$this->bbcode_second_pass_quote('Plantagenet', 'P')lease keep your nutty racist thoughts to yourself. :roll:


Yeah, I realize you'd rather the racism aspect be kept quiet. Unfortunately, your "I'm the good guy" act is not fooling anyone.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 14 Feb 2013, 20:22:57

$this->bbcode_second_pass_quote('Beery1', 'y')our "good guy" act...


As opposed to your "bad guy" act?

And whats wrong with being a good guy, anyway?

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You may think you are a bad bad guy, Beery, but I'll bet there is a tiny dollop of goodness buried deep somewhere inside you.
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Re: This is the WORST RECOVERY EVER

Postby Buddy_J » Thu 14 Feb 2013, 21:08:52

$this->bbcode_second_pass_quote('Beery1', '
')But let's face facts, just for a second: all the ire about Obama is just down to racism, pure and simple:


Racism? You've got to be kidding!!

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I'm just unhappy at what strikes me as the obvious result of Americans having elected someone with no real world experience of any type. It isn't a surprise he can only generate THE WORST RECOVERY EVER, Palin had more executive experience than this guy, so yes, she probably would have at least known that spending a trillion dollars extra every year to generate THE WORST RECOVERY EVER would have been a bad move.
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