Is the economy really that bad?

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By Monderegal
11 Mar 2024 5:21 pm in No Holds Barred Political Forum
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Skans
12 Mar 2024 12:31 pm
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Cannonpointer » 12 Mar 2024, 12:19 pm » wrote: Careful, son. You've gone to a lot of trouble establishing yourself as a neocon cold warrior fox fed fool who can be counted on by the war machine to make the right ape sounds at the right moment and side with the MIC reliably. 

You start talking like a populist and you'll find yourself kicking through the walls of tautologies and dichotomies that bring comfort to the lazy-minded... Image

You'll have to build a new house - a whole new ideasphere!!! Image
I really only had two points to what I said.  The first point was that @Monderegal was incapable of even framing a position on so-called "economics". He's like trying to pin down the precise location of an electron at any given point in time - like a nebulous cloud of truncated possibilities which goes nowhere.

My second point was the Economy of 2024 is a nearly impossible one in which most young Americans can thrive.  A few lucky sperms will thrive.  Many will just tread water their entire lives.  Others can only tread water for a short period of time, until they realize they are penniless and then drown.  And, still others are forever debt-ridden servants moving in and out of homelessness and despair, never to surface from the great pool of suffocation.

Socialism and handouts will not fix this.  We have to jump back to genuine prosperity.  Less government.  Less Regulation.  A place were most people feel invested in their own lives and in America.  Yes, more dirt, grime, grease, grit and C02. 

 
 
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Two If By Tea
12 Mar 2024 12:36 pm
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Let me ask ya this pal..

Back in the Day ya could go Palmen Chrysler/Dodge get ya a brand new Jeep or Ram truck like 15/20 grand..

Back then a "Starter" Home around here cost like $40/50 large ...

Today that new pickup or jeep runs 50/60 Large..

That "Starter Home" Fixer Upper now ann"Estate" looking at like a quarter million bucks a dumpy house in the "Crack Ghetto"..

Let me tell ya folks something..

Our "Federal Reserve" and Treasury kept INTEREST RATES almost ZERO a Decade..

All that "Free Money" needed somewhere 2 Go..

Those had the $$$ put it all in Houses and Stock Market brought it 2 "Nose Bleed" Levels..

Rest of Us eh "Screw Ya"
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Cannonpointer
12 Mar 2024 12:37 pm
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Skans » 12 Mar 2024, 12:31 pm » wrote: I really only had two points to what I said.  The first point was that @Monderegal was incapable of even framing a position on so-called "economics". He's like trying to pin down the precise location of an electron at any given point in time - like a nebulous cloud of truncated possibilities which goes nowhere.

My second point was the Economy of 2024 is a nearly impossible one in which most young Americans can thrive.  A few lucky sperms will thrive.  Many will just tread water their entire lives.  Others can only tread water for a short period of time, until they realize they are penniless and then drown.  And, still others are forever debt-ridden servants moving in and out of homelessness and despair, never to surface from the great pool of suffocation.

Socialism and handouts will not fix this.  We have to jump back to genuine prosperity.  Less government.  Less Regulation.  A place were most people feel invested in their own lives and in America.  Yes, more dirt, grime, grease, grit and C02.
Well, if we can agree that the vast majority of regulations are sponsored by wall street to hurt free enterprise and enforce capitalism, we might just find ourselves in agreement - and I will have a hat to consume. Glad it's leather - at least it's made of critter. 
 
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Two If By Tea
12 Mar 2024 12:47 pm
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Ya know what what happened

My Uncle my Grandpa "Working" Folks .

They worked graveyard shifts ran side Buisness too .

But they had nice houses paid off & could trade up their cars every 5 years..

Today ya need 2 be a freaking "Millionaire" afford the kinda life they used 2 have
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Two If By Tea
12 Mar 2024 12:50 pm
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I'm sorry is a decent roof over your head "Payments" manageable..

Decent running car so I can get 2 my job too & pay the bills .

I'm sorry is that "Asking Too Much" work a day..

Nah I should cook Meth and Rob people
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Two If By Tea
12 Mar 2024 12:57 pm
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Your a freaking fool or a "Millionaire" & don't have to worry about it..

Ya think this Economy so Gr8..

I want a "Dime-Bag" what ya smoking must be GOOD "Bellringer" kinda stuff too
 
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PhiloBeddo
12 Mar 2024 1:00 pm
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If you are rich or poor the economy is great. For everybody else it sucks
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Skans
12 Mar 2024 1:01 pm
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Cannonpointer » 12 Mar 2024, 12:31 pm » wrote: We did that. We build scores of prisons - to do that.

So we ARE in agreement.

You are NOT with the drug pushers - at least, not wittingly.

That is a start.

Right now, criminals control who buys drugs, where and when and under what conditions. And I don't know whether you're aware of this, but criminals actually give out free samples. Criminals are not in the business of SATISFYING the market; they are in the business of CREATING the market.
I do not disagree with any of your above statements.  I HATE drug-pushers for what they have done.
If we had one generation of children who were NOT approached by criminals, we would be back to the 1950s. .....Just look at booze.
Oh, you want to go there with booze, let's go there.  I call "****" on your theory.  The theory that legitimate, legal competition eradicated addiction caused by "illegal gangs".  A-B, Coors, Miller, Pabst, Yuengling, Stitzel, Frankfort Distilleries, Glenore, Old Forester, Schenley and many other booze-makers survived and thrived during prohibition, only to come out as the dominant players in Beer and Whisky markets.  Furthermore, the southern corn-liquor makers simply legitimized their operations adding to the huge bourbon and whisky powerhouses of America.

The same thing is happening with Marijuana, and will happen with other narcotics should they be legalized.  The illegal companies will legitimize and become huge, multi-billion dollar corporations.  The difference being two-fold.  Once legalized, these mega-recreational drug makers can lobby congress to get what they want.  And, they will contribute to Congress's campaigns.  Once you have a tight partnership between manufacturers of highly addictive drugs and all branches of the US government, the hostile takeover of every man woman and child by big pharma and government is completed.  The second part is self-fufilling - huge segmants of the population will become addicted and far easier to control. Can you really not see that?
How many people do you know who have even TASTED bootleg liquor
I have 2 mason jars of "home-made" liquor, that a friend gave me.  Around here, it ain't all that uncommon.
Black markets do not exist in any statistically meaningful way, when a legitimate market is available. With all of the real money going to state-regulated drug stores, the black market for drugs would become statistically meaningless. And the taxes collected from drug sales - and the monies saved on prisons - would more than pay for voluntary treatment for addiction.
LOL - "voluntary treatment for addiction"!!!  How long will that last when the Mega-Drug makers are pouring huge donations of cash and cocaine into every Congressman, President, Governor and state legislatures?  Who the F- will want to treat addiction when they can make farm more money feeding addiction.....AND CONTROLLING THE ADDICTED?
Mind you, I said legalize, tax, AND regulate.
You mean like they do to Big Pharma?  Big Tech?  Social Media?  How has that worked out for us?  Is your legislator doing a good job of regulating these industries?  Will your legislator do a good job of regulating Cocaine Inc., when she is receiving mega campaign donations and all the cocaine she can ingest?  Boy, you have a real kindhearted trust and awe for your Legislators, don't you!
Clearly, the more dangerous drugs like meth would be more tightly regulated.
Keep telling yourself that.  Once the Legislators are flush with cash and high as crack-*** on a Saturday night, I can see them working tirelessly for "tight regulation" on Meth, Fentanyl, or whatever the most addictive drug of the day will be.  You have such confidence in our government and our deep-state "regulators".  Freaking laughable.

 
 
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Huey
12 Mar 2024 1:07 pm
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ECONOMY

Consumer prices rose 0.4% in February and 3.2% from a year ago 
  • The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago. The monthly measure was in line with expectations while the 12-month reading was slightly higher.
  • The core CPI rose 0.4% on the month and was up 3.8% on the year. Both were one-tenth of a percentage point higher than forecast.
  • A 2.3% increase in energy costs helped boost the headline inflation number. Food costs were flat on the month, while shelter climbed another 0.4%.
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates.While the 12-month pace is off the inflation peak in mid-2022, it remains well above the Fed’s 2% goal as the central bank approaches its two-day policy meeting in a week.

A 2.3% increase in energy costs helped boost the headline inflation number. Food costs were flat on the month, while shelter rose another 0.4%.

The BLS reported that the increases in energy and shelter amounted to more than 60% of the total gain. Gasoline jumped 3.8% on the month while owners’ equivalent rent, a hypothetical gauge of what homeowners could get renting their properties, rose 0.4%.

https://www.cnbc.com/2024/03/12/cpi-inf ... 2024-.html
 
 
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Skans
12 Mar 2024 1:09 pm
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Cannonpointer » 12 Mar 2024, 12:37 pm » wrote: Well, if we can agree that the vast majority of regulations are sponsored by wall street to hurt free enterprise and enforce capitalism, we might just find ourselves in agreement - and I will have a hat to consume. Glad it's leather - at least it's made of critter.
While I do not believe regulators are "sponsored" by Wall Street, I do believe that K Street and Wall Street have a bit of a revolving door going on.
 
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sooted up Cyndi
12 Mar 2024 1:10 pm
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Water Cooler Poleece
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I live in Maine a poor state-
no one is living on the salaries they talk about on the news- 24 k is an average salary
It's not -no 70k- our hearts bleed for the complainers!
whine- pay our heating bills.... just a different world! it's crazy!
 
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RebelGator
12 Mar 2024 1:14 pm
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Mrkelly » 11 Mar 2024, 5:32 pm » wrote: and neither side has done a damn this about it

just crumbs and lip service
How much do you and BCF need to feel worthy?
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Two If By Tea
12 Mar 2024 1:19 pm
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Maybe no of ya "Grasp" the real "Economy" Concept..

Look around sure always was a few bums sleeping in the alley..

Today there are "Tent Cities" everywhere..

Think about this too now when ya living in a Tent under the freeway..

Ya got "Nothing" 2 Loose anymore nor do ya have "Respect" & "Decency" 4 Society anymore..

Infact people there ain't got nothing and Don't Care Anymore..

They will put one in your eyeball get a bottle of booze or a dime bag of dope..
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Mrkelly
12 Mar 2024 1:25 pm
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RebelGator » 12 Mar 2024, 1:14 pm » wrote: How much do you and BCF need to feel worthy?
I got mine

Im concerned about people with no money and no power that could be doing a hell of a lot better if we didn’t do the oligarchs bidding 

you know

the people with all the money and the power 
 
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Monderegal
12 Mar 2024 1:32 pm
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Skans » 12 Mar 2024, 12:31 pm » wrote: I really only had two points to what I said.  The first point was that @Monderegal was incapable of even framing a position on so-called "economics". He's like trying to pin down the precise location of an electron at any given point in time - like a nebulous cloud of truncated possibilities which goes nowhere.

My second point was the Economy of 2024 is a nearly impossible one in which most young Americans can thrive.  A few lucky sperms will thrive.  Many will just tread water their entire lives.  Others can only tread water for a short period of time, until they realize they are penniless and then drown.  And, still others are forever debt-ridden servants moving in and out of homelessness and despair, never to surface from the great pool of suffocation.

Socialism and handouts will not fix this.  We have to jump back to genuine prosperity.  Less government.  Less Regulation.  A place were most people feel invested in their own lives and in America.  Yes, more dirt, grime, grease, grit and C02.
The sad thing isn't really the income levels. It's the fact Americans are sold on spending all their income. Even more with credit cards.
Nothing is easier than defending the status quo.
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Monderegal
12 Mar 2024 1:34 pm
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The Heisenberg uncertainty principle is a fundamental concept in quantum mechanics, named after the physicist Werner Heisenberg. It states that it is impossible to simultaneously know both the exact position and the exact momentum of a particle with absolute certainty. In other words, the more precisely one property (such as position) is measured, the less precisely the other property (such as momentum) can be known.

Mathematically, the principle is often expressed as Δx * Δp ≥ ħ/2, where Δx represents the uncertainty in position, Δp represents the uncertainty in momentum, and ħ is the reduced Planck constant. This principle has profound implications in the microscopic world and has fundamentally shaped our understanding of quantum mechanics.
Nothing is easier than defending the status quo.
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Skans
12 Mar 2024 1:36 pm
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Monderegal » 12 Mar 2024, 1:32 pm » wrote: The sad thing isn't really the income levels. It's the fact Americans are sold on spending all their income. Even more with credit cards.
There are lots of "sad things".  One is the economy.  An economy that fails to foster individual success.  Culturally, yes Americans spend too much of what income they do make.  They fail to start saving and investing at an early age.  In fact, Parents should be setting up investment accounts for their children as soon as they are born.  Teach them how to manage it and eventually how to contribute to it on their own. How to WANT to contribute to it.
 
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Monderegal
12 Mar 2024 1:39 pm
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Skans » 12 Mar 2024, 1:36 pm » wrote: There are lots of "sad things".  One is the economy.  An economy that fails to foster individual success.  Culturally, yes Americans spend too much of what income they do make.  They fail to start saving and investing at an early age.  In fact, Parents should be setting up investment accounts for their children as soon as they are born.  Teach them how to manage it and eventually how to contribute to it on their own. How to WANT to contribute to it.
The Heisenberg thing was generated by AI. I think that what you were referring to.
 
Nothing is easier than defending the status quo.
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Two If By Tea
12 Mar 2024 1:45 pm
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It's not "Right" for "Country" & "Society" neither .

Now granted I'm not exactly sure how we go about fixing this problem..

I wanna start with Good Families a Household & Good School System that teaches kids atleast they can "Read , Math, & Pass State Minimum Standards..

Also school activities..

Basketball, Soft Ball and a "Coach"..

When ya acting Stupid ole Coach Murphy or Sobisinky call ya out make ya feel like a fool too..

Back then thought they were @$$holes but ya know what they loved everyone of us on the Team..

Just wanted us Be "Respectful" and show some "School Pride" ouy there too

Ya know that's what this world & society is missing today too
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Fuelman
12 Mar 2024 1:47 pm
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RebelGator » 12 Mar 2024, 1:14 pm » wrote: How much do you and BCF need to feel worthy?
It used to be a $100k household income and a million net worth, that doesn't cut it anymore.
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