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  1. #26
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    The Repugs austerity, blocking Keynesian spending, and firing of 100Ks of govt workers have greatly re ed the recovery from the Banksters Great Depression.

    The economy would be much further ahead if it weren't for the Repugs.

    In any case, the economy is rigged so that 90%+, to increase soon, of all new wealth goes to the top 5%, while the lower 80% labor, aka "working people", with stagnant incomes and the ever growing low-paid gig economy.

    the lower 4 quintiles are pretty much ed and un able.
    Last edited by boutons_deux; 11-01-2017 at 11:53 AM.

  2. #27
    bandwagoner fans suck ducks's Avatar
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    The Repugs austerity and firing of 100Ks of govt workers have greatly re ed the recovery from the Banksters Great Depression.

    The economy would be much further ahead if it weren't for the Repugs.

    In any case, the economy is rigged so that 90%+, to increase soon, of all new wealth goes to the top 5%, while the lower 80% labor, aka "working people", with stagnant incomes and the ever growing low-paid gig economy.

    the lower 4 quintiles are pretty much ed and un able.
    why did the former president not fix it he had 8 years! if it is so bad
    trump fixing it in less then 9 months!

  3. #28
    Still Hates Small Ball Spurminator's Avatar
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    why did the former president not fix it he had 8 years! if it is so bad
    trump fixing it in less then 9 months!
    What's he fixing? What specific area of the economy was a problem under Obama but has been improved by Trump? Which specific policies led to that improvement? We look forward to your detailed thoughts on this.






    (pisssssssssssssssssssssssssssssssssssssssssssssss ssssssssssssssssssssssssssssssssssss)

  4. #29
    Believe. Pavlov's Avatar
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    The most important thing Republicans have done to help the economy since Trump was elected is nothing.

  5. #30
    adolis is altuve’s father monosylab1k's Avatar
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    why did the former president not fix it he had 8 years! if it is so bad
    trump fixing it in less then 9 months!
    and you still pee on 13 year old girls.

  6. #31
    Still Hates Small Ball Spurminator's Avatar
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    Could ducks or anyone else who speaks Trump please explain how this would work? I don't have a President-level understanding of the ACA or taxes.

  7. #32
    i hunt fenced animals clambake's Avatar
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    Could ducks or anyone else who speaks Trump please explain how this would work? I don't have a President-level understanding of the ACA or taxes.
    it works because hillary sucks

  8. #33
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    Could ducks or anyone else who speaks Trump please explain how this would work? I don't have a President-level understanding of the ACA or taxes.
    Seriously. I do agree, eliminate the Fascist order of "get insurance or be fined" since autonomy of body is justifiable for baby murder, but this makes no sense.

  9. #34
    i hunt fenced animals clambake's Avatar
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    oh, and it looks like ducks is not working or ing anymore.

  10. #35
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    math about and results from killing the individual mandate are in the "repug tax cut" thread.

    Ducks don't know about

  11. #36
    bandwagoner fans suck ducks's Avatar
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    ducks knew who won be president
    SCOREBOARD BOUTONS_DEUX

  12. #37
    I am that guy RandomGuy's Avatar
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    There are still very worrisome signs and some of these portents are coming from the central banks. For one, globally, bank loans to businesses have increased by an average of 24% but this number is only at 14% in the United States (although Europe as a whole has performed poorly). Meanwhile, these same banks are betting that raising interest rates and selling off balance sheets (over $9,000,000,000,000) will stimulate the economy (almost the opposite of their failed plan prior to 2008). These balance sheets are basically an accounting of transferred bad debts (free money to the rich) and selling them off will be prove difficult in an economy hampered by slowing investments, stagnant wages and lowering productivity. And what is the ceiling for raising the interest rate before it impacts the global market? The biggest growth (surprise!) has been among the top 1% and most of the revenue has come from financial speculation. Slowing housing starts have impacted the construction industry, infrastructure jobs would not really take off until 2019 if they do and the trump tax cuts are not going to result in jobs or wage growth. The 'Trump bump', fueled ironically by China (and initial investors excitement over tax cuts and deregulation), is going to come to a screeching halt once China slows down its economy to deal with its own balance sheets and reign in its speculators. If 2018 sales and revenue do not meet expectations (likely), the mistake of basing middle-class consumption on debt savings reduction (instead of real wage income) will come home to roost and all these financial bubbles created by the central banks and the Fed will begin to burst. Don't think health care costs from rising premiums won't impact spending either. A Minsky moment in the next year or two is a strong possibility.
    Seems to be my sense. I am having the same sort of vague unease that I got before the housing crisis when I read the news. The contraction of available shares for trading from stock buy backs is something I have been reading about, and wondering what/how much effect it will have.

    Animal spirits are roaming...

  13. #38
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    Seems to be my sense. I am having the same sort of vague unease that I got before the housing crisis when I read the news. The contraction of available shares for trading from stock buy backs is something I have been reading about, and wondering what/how much effect it will have.

    Animal spirits are roaming...
    stock buybacks were illegal until St Ronnie's group of Repugs made them legal, they are a tool for Capitalists to enrich themselves, rather than using the buyback money for investment.

  14. #39
    R.C. Drunkford TimDunkem's Avatar
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    so you think I should pee infront of your 13 year old daughter?

  15. #40
    bandwagoner fans suck ducks's Avatar
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    Murkowski: $1 Billion Can Be Raised by Opening Alaska Refuge to Drilling

  16. #41
    bandwagoner fans suck ducks's Avatar
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    ducks knew who won be president
    SCOREBOARD BOUTONS_DEUX

  17. #42
    bandwagoner fans suck ducks's Avatar
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    https://www.cnbc.com/2017/11/02/trum...fed-chair.html
    Trump picks Jerome Powell to succeed Yellen as Fed chair

  18. #43
    Watching the collapse benefactor's Avatar
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    ducks knew who won be president
    SCOREBOARD BOUTONS_DEUX
    You pee in children too...so yeah

  19. #44
    I am that guy RandomGuy's Avatar
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    Seriously. I do agree, eliminate the Fascist order of "get insurance or be fined" since autonomy of body is justifiable for baby murder, but this makes no sense.
    It is either the fascist "get insurance or be fined"

    or the socialist "I just showed up to the ER without insurance, please don't let me bleed to death".

    Which do you prefer?
    .

  20. #45
    I play pretty, no? TeyshaBlue's Avatar
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    It is either the fascist "get insurance or be fined"

    or the socialist "I just showed up to the ER without insurance, please don't let me bleed to death".

    Which do you prefer?
    .
    Closer to #2. Btw, nobody bleeds to death in an ER because they cant pay. EMTALA pretty much spells this out.

  21. #46
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    Closer to #2. Btw, nobody bleeds to death in an ER because they cant pay. EMTALA pretty much spells this out.
    no, but they may get "stabilized" and shuttled off to somewhere else, like a public hospital, taking $10Ks of debt with them.


    EMTALA is an unfunded mandate, since 1986.

  22. #47
    I play pretty, no? TeyshaBlue's Avatar
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    EMTALA expenses represent about 8% of hospital costs. BFD.

  23. #48
    Mr. John Wayne CosmicCowboy's Avatar
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    Back to the original post about this amazing economy. What bull . I dont care what the stock market is doing. Its all driven by tech/advertising. Jobs report sucked again. Participation rate down by another million. This economy is ed up.

  24. #49
    Veteran Xevious's Avatar
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    And if jobs are increasing and the market is soaring... why are wages still stagnant?

  25. #50
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    And if jobs are increasing and the market is soaring... why are wages still stagnant?
    the economy is rigged, skewed to enrich the oligarchy and suppress the incomes of the non-oligarchy

    real household income has been effectively stagnant since the oligarchy installed St Ronnie as Pres

    90% of the new income growth goes to the top, while the lower 4 quintiles get crumbs.

    "new jobs" are mostly "gig economy" jobs, people forced to take gig work, low pay, no benefits, like driving rideshare.

    rideshare is where the self-employed, independent contractor supplies all the labor, capital (the vehicle), risk, operational expenses while the TNC platform takes 30% of the fares (and still loses $Bs / year, eg, Uber)

    Gig economy is 34% of US workforce

    "The gig economy...is now estimated to be about 34% of the workforce and expected to be 43% by the year 2020,"

    http://money.cnn.com/2017/05/24/news...uit/index.html


    while

    U.S. Employers Struggle To Match Workers With Open Jobs


    http://www.npr.org/2017/08/31/547646709/u-s-employers-struggle-to-match-workers-with-open-jobs

    But don't worry, it's getting better, right? no.

    Look at the oligarchy's budget proposed by the Repugs. It screws the lower 4 quintiles, and Ryan is only getting started.

    The oligarchy's love child Ryan is obsessed, his life's Holy Grail, with destroying Medicare, Medicaid, Social Security

    After the Capitalists stole 4M+ homes in the Banksters Great Depression, people were forced into renting, causes rents to rise, for Ms of people to be 40%+ of income, and forcing millions into unfixed habitation:

    http://overflow.solutions/demographic-data/what-percentage-of-american-households-are-mobile-homes-rvs-boats-and-vans/

    America for the lower 80% is OVER, it will only get worse, and there is no (non-violent) solution for them.

    Violent revolution would be crushed Ferguson-style, Kent-State-style, DAPL-style by the oligarchy's militarized/surveillance police state, which includes the "patriots serving their country for freedom!" in the military.

    White working class people's longevity has been declining, totally shocking demographers, over the past decade or so, through drugs (Sackler family, thanks), alcohol, guns, a unique situation versus all other industrial countries.


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