by Buggy » Tue 18 Aug 2009, 22:09:55
Oily,
Thank you for catching my numeric mistake. I went back and added one in the middle and I am used to the programs I use at work auto-correcting. Hopefully my integrity remains somewhat intact.
Please don't misunderstand, I hope you are right. I hope there is a recovery. I hope my four children have the same opportunities I had. However, being a scholar of numbers, it is mathmatically impossible to recover from infinite debt (yes, 63 trillion dollars in obligations is infinite debt). Show me an equation that proves borrowing more money than we make gets us out of debt.
I stand corrected. All the cheap energy is not gone. The cheap energy that is left, I assume you are referring to coal, will come at a dear price. Please don't tell me you are buying into Pickens' natural gas plan.
As for carrying capacity, I have been on two missions trips to Africa and have seen first hand that we have exceeded our carrying capacity.
Can you please tell me what other war hero returned to an economy with almost 12 trillion "official" dollars on the national debt clock and 20 percent real unemployment? Or hey, let's just do gasoline prices. Troops returning from Korea came home to 23 cent per gallon gas and the greatest economic times we will ever experience. The vast majority of Vietnam Vets came home to the most awesome muscle car era with 30 cent per gallon gasoline!
As for state GDP numbers, you need to study just how much an impact is made by the smallest reduction in income on a national scale.
$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('Buggy', '')$this->bbcode_second_pass_quote('OilFinder2', 'J')ust when you thought you'd already seen the dumbest threads, along comes an even dumber one . . .
Why the hell would the economy collapse if the troops came home? By that logic the economy would have collapsed when the troops from the Balkans came home, when the troops from Iraq #1 came home, when the troops from Vietnam came home, when the troops from Korea came home . . . etc. Heck, by this logic we would never have let the Revolutionary War end for fear of the economy collapsing!
Oily,
You are in denial. Lets just clarify:
1. There is no economic recovery.
2. All the cheap energy is gone.
3. We passed the earth's carrying capacity years ago.
4. Today's economy looks nothing like any of the economies previous troops came home to.
4. We are in the beginning stages of an historic global collapse.
5. Omama WILL NOT pull 400 billion dollars out of the make believe recovering economy that we are spending each year in Iraq, Afghanistan and Pakistan.
6. As a bench mark to the 400 billion dollars' importance, the 'said' stimulus package was just barely twice that.
7. Omama will not overwhelm the already overwhelmed job market by setting it awash with reservists deactivated from active duty demanding their jobs back. Nor will he do the same with all the active duty soldiers who will immediately get out as soon as they are home.
But please Oily, keep posting. Your thoughts are wildly entertaining, to say the least.
1. There is an economic recovery. Sorry to inform you.
2. Not all the cheap energy is gone.
3. Nobody has the slightest clue what earth's carrying capacity really is, or even if the concept of carrying capacity is anything more than somebody's mumbo jumbo.
4A. You repeated 4 twice. If you can't even count, why should anyone take you seriously!
4B. Today's economy looks a helluva lot like a lot of other economies troops came home to.
5. 400 billion dollars is roughly the GDP of North Carolina last year. Shouldn't be much of a problem.
6. 400 billion dollars is roughly the GDP of North Carolina last year. Shouldn't be much of a problem.
7. Compared to a lot of previous wars, the number of troops serving in Afghanistan and Iraq is not even all that much. Compare the numbers to those serving in Vietnam, for example. The return of these relatively small numbers will barely even be noticed by the job market.
