Recession coming

[Partial]

The point is Skin, that you're wrong. You think you know more about the way things are then the people who actually live them. You're telling me how much money I will make when statistics from my school tell me otherwise. Who am I to believe? I would think the people who dedicate their live to placing students and getting them good jobs are a little more accurate that mr. mommy.

[Scott Campbell]

What areas would be good to "gently" guide her toward looking ahead to college and a career?


We often get so caught up in academic achievement that not enough emphasis is placed on developing fully functioning social skills.


Exhibit A



I went to school in physics & grad school in computer science, worked in companies making software for scientific instruments.

[SkinBasket]

The point is Skin, that you're wrong. You think you know more about the way things are then the people who actually live them. You're telling me how much money I will make when statistics from my school tell me otherwise. Who am I to believe? I would think the people who dedicate their live to placing students and getting them good jobs are a little more accurate that mr. mommy.

The point is Partial, that you're wrong - a lot. You think you know more about the way things are than the people who actually live them. And whenever someone challenges you, you go berzerko and tell them their idiots, insult them, and attempt to belittle them in any way you can and usually without the assistance of logic in your arguments. I don't give a shit how much you make and I'm not the one telling you how much you will make. A published study on placement of your degree is.

Of course the career center wants to put up the best numbers they can. They want prospective and current students to believe they'll be successful, otherwise the students go somewhere else. That's why they typically publish self-reported numbers from graduates. Funny thing is, the unsuccessful grads typically don't feel like reporting back that they're failures or that they're making 15k below the reported grad median in their first job as a restaurant host. Of course, this doesn't really bother the career center.

It's become comical how your attacks and criticisms of other posters have been amazingly stark reflections of yourself more than anyone else. At first I thought you were trying to play some grand ironic joke, but the punchline never came. Who knows, April fools is just around the bend.

[Tyrone Bigguns]

You're only saying that because we're both oppressed by Partial's silent majority that lives in his head. We're more like war buddies fighting an army of doped-up poop-slinging monkeys in party hats.

You know just what to say to me. You silver tongued devil!

[GrnBay007]

What areas would be good to "gently" guide her toward looking ahead to college and a career?


We often get so caught up in academic achievement that not enough emphasis is placed on developing fully functioning social skills.


Exhibit A



I went to school in physics & grad school in computer science, worked in companies making software for scientific instruments.

:lol:

[Harlan Huckleby]

you think that's funny!? I'll kill him, I'll fucking kill him. I'll sneak into his gated community and set his house on fire. Then its back home through iowa. You don't think I can find you, after all those pictures you posted? I'll fucking kill you too.

There's gonna be a lot of orphaned kids next week who are better off . No video games in orphanages. No neurotic moms raising hissy fits over a B+ in math.

[Scott Campbell]

Exhibit B



you think that's funny!? I'll kill him, I'll fucking kill him. I'll sneak into his gated community and set his house on fire. Then its back home through iowa. You don't think I can find you, after all those pictures you posted? I'll fucking kill you too.

There's gonna be a lot of orphaned kids next week who are better off . No video games in orphanages. No neurotic moms raising hissy fits over a B+ in math.

[GrnBay007]

Exhibit B



you think that's funny!? I'll kill him, I'll fucking kill him. I'll sneak into his gated community and set his house on fire. Then its back home through iowa. You don't think I can find you, after all those pictures you posted? I'll fucking kill you too.

There's gonna be a lot of orphaned kids next week who are better off . No video games in orphanages. No neurotic moms raising hissy fits over a B+ in math.

:lol: :lol: :lol:

[Partial]

The point is Skin, that you're wrong. You think you know more about the way things are then the people who actually live them. You're telling me how much money I will make when statistics from my school tell me otherwise. Who am I to believe? I would think the people who dedicate their live to placing students and getting them good jobs are a little more accurate that mr. mommy.

The point is Partial, that you're wrong - a lot. You think you know more about the way things are than the people who actually live them. And whenever someone challenges you, you go berzerko and tell them their idiots, insult them, and attempt to belittle them in any way you can and usually without the assistance of logic in your arguments. I don't give a shit how much you make and I'm not the one telling you how much you will make. A published study on placement of your degree is.

Of course the career center wants to put up the best numbers they can. They want prospective and current students to believe they'll be successful, otherwise the students go somewhere else. That's why they typically publish self-reported numbers from graduates. Funny thing is, the unsuccessful grads typically don't feel like reporting back that they're failures or that they're making 15k below the reported grad median in their first job as a restaurant host. Of course, this doesn't really bother the career center.

It's become comical how your attacks and criticisms of other posters have been amazingly stark reflections of yourself more than anyone else. At first I thought you were trying to play some grand ironic joke, but the punchline never came. Who knows, April fools is just around the bend.

OK Skin whatever you say. You've told me I'll make 35k and likely 42k or something to that effect, when I already make more than that if I worked 40 hours a week full time.

Its funny. You think you know more about my life and those with similiar attributes than I do when you went to school with a powderpuff major and are citing a figure that includes other powder puff majors into the same field as mine.

Funny.

[SkinBasket]

Funny.

No. It's not funny really. But by all means, continue to judge other people's degrees from schools you couldn't get into while at the same time telling them they know nothing about your major. Now that's funny.

[Tyrone Bigguns]

The point is Skin, that you're wrong. You think you know more about the way things are then the people who actually live them. You're telling me how much money I will make when statistics from my school tell me otherwise. Who am I to believe? I would think the people who dedicate their live to placing students and getting them good jobs are a little more accurate that mr. mommy.

The point is Partial, that you're wrong - a lot. You think you know more about the way things are than the people who actually live them. And whenever someone challenges you, you go berzerko and tell them their idiots, insult them, and attempt to belittle them in any way you can and usually without the assistance of logic in your arguments. I don't give a shit how much you make and I'm not the one telling you how much you will make. A published study on placement of your degree is.

Of course the career center wants to put up the best numbers they can. They want prospective and current students to believe they'll be successful, otherwise the students go somewhere else. That's why they typically publish self-reported numbers from graduates. Funny thing is, the unsuccessful grads typically don't feel like reporting back that they're failures or that they're making 15k below the reported grad median in their first job as a restaurant host. Of course, this doesn't really bother the career center.

It's become comical how your attacks and criticisms of other posters have been amazingly stark reflections of yourself more than anyone else. At first I thought you were trying to play some grand ironic joke, but the punchline never came. Who knows, April fools is just around the bend.

OK Skin whatever you say. You've told me I'll make 35k and likely 42k or something to that effect, when I already make more than that if I worked 40 hours a week full time.

Its funny. You think you know more about my life and those with similiar attributes than I do when you went to school with a powderpuff major and are citing a figure that includes other powder puff majors into the same field as mine.

Funny.

First, dope, they aren't giving you bennies...so to think that they just double your wage is dumb. Once again showing your ignorance of the real world.

Second, english is hardly a powderpuff major. You would have a hard time in it, since it regularly requires more than one hour of study per credit hour. Try reading 800 pages in a week..and writing papers. It requires the ability to read, comprehend, analyze and then put your own ideas down on paper...something you haven't shown the least ability to do. Plus, you actually have to be able to write..something you haven't shown either.

Do you ever wonder how those of us "powderpuff" majors got ahead in life..with no apparent job skills. Think.

[Partial]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

[BallHawk]

Glad you know what benefits they offered me. I get full benefits if I want.

Elaborate, if you could. I want to hear how that works.

[Tyrone Bigguns]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

What assumptions am i making? I've read your posts..you are a poor speller to say the least. Your sentence composition is poor as well.

Benefits..you can get them if you want. Oh, is that how real companies operate when you are FTE? No. If you want, means that they will ask you to pay...ahhh...so your salary is decreased.

Or are you saying that you declined the bennies. this outta be good.

And, we all note how you dropped your foolish and stupid English as a powderpuff major.

And failed to answer how those of us with no job skills like you managed to get ahead. Tick, tock...the clock is ticking.

[Tyrone Bigguns]

Glad you know what benefits they offered me. I get full benefits if I want.

Elaborate, if you could. I want to hear how that works.

Sorry, missed your post....asked the same question..or rather posited the answer.

[Scott Campbell]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

[Tyrone Bigguns]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

Well, that is certainly stupid. Ask partial..it is a powderpuff degree.

You most likely do that because just like you assess the engineer..you want people who are bright, can communicate, and most importantly think and analyze...which aren't solely the province of engineers.

[Partial]

Glad you know what benefits they offered me. I get full benefits if I want.

Elaborate, if you could. I want to hear how that works.

How does it not work? I can get health insurance, 401k matching, etc. I match the 401k and thats it. What is there to "hear how it works". Get a job, then talk.

[Partial]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

What assumptions am i making? I've read your posts..you are a poor speller to say the least. Your sentence composition is poor as well.

Benefits..you can get them if you want. Oh, is that how real companies operate when you are FTE? No. If you want, means that they will ask you to pay...ahhh...so your salary is decreased.

Or are you saying that you declined the bennies. this outta be good.

And, we all note how you dropped your foolish and stupid English as a powderpuff major.

And failed to answer how those of us with no job skills like you managed to get ahead. Tick, tock...the clock is ticking.

Have you heard of contract labor? I am paid hourly. I can work as many hours as I want up to 40, and get the same benefits regardless of how many hours I work. Being in IT I think you'd be smarter than that. I take 401k and use my parents health care, etc since I am in college.

Who said anything about anyone not having job skills? That was probably you if anyone.

[Tyrone Bigguns]

Glad you know what benefits they offered me. I get full benefits if I want.

Elaborate, if you could. I want to hear how that works.

How does it not work? I can get health insurance, 401k matching, etc. I match the 401k and thats it. What is there to "hear how it works". Get a job, then talk.

Again, you "can" get health insurance.

That means you have to pay for it.

[Partial]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

Well, that is certainly stupid. Ask partial..it is a powderpuff degree.

You most likely do that because just like you assess the engineer..you want people who are bright, can communicate, and most importantly think and analyze...which aren't solely the province of engineers.

No no, thats not what I said. It's a powderpuff major in college. Requires no skills. Getting ahead with in anything requires skills.

[Tyrone Bigguns]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

What assumptions am i making? I've read your posts..you are a poor speller to say the least. Your sentence composition is poor as well.

Benefits..you can get them if you want. Oh, is that how real companies operate when you are FTE? No. If you want, means that they will ask you to pay...ahhh...so your salary is decreased.

Or are you saying that you declined the bennies. this outta be good.

And, we all note how you dropped your foolish and stupid English as a powderpuff major.

And failed to answer how those of us with no job skills like you managed to get ahead. Tick, tock...the clock is ticking.

Have you heard of contract labor? I am paid hourly. I can work as many hours as I want up to 40, and get the same benefits regardless of how many hours I work. Being in IT I think you'd be smarter than that. I take 401k and use my parents health care, etc since I am in college.

Who said anything about anyone not having job skills? That was probably you if anyone.

Ah, contract labor..and you don't think they pay more for a contractor then a normal employee. You think they just double your contract wage when you start. Oh, lord.

Why do you use your parents health...BECAUSE YOU WOULD HAVE TO PAY FOR YOUR BENEFITS.

[Tyrone Bigguns]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

Well, that is certainly stupid. Ask partial..it is a powderpuff degree.

You most likely do that because just like you assess the engineer..you want people who are bright, can communicate, and most importantly think and analyze...which aren't solely the province of engineers.

No no, thats not what I said. It's a powderpuff major in college. Requires no skills. Getting ahead with in anything requires skills.

Wrong, idiot. Writing is a skill. Analyzing is a skill. Comprehension is a skill..one that can be refined.

If it was a powderpuff major..do you think law school's would accept so many of them? It is just too easy.

[GrnBay007]

Skin hasn't gotten anywhere but to the couch to watch his kids.


Sure wish you wouldn't make these comments.
To me it means either you are terribly jaded by your youth...or maybe you discriminate based on gender. I don't think you would ever make these comments toward a woman that is staying home with her children while they are small. Having a parent (either gender)at home to take care of children before they get in school is priceless!!

[Partial]

Skin hasn't gotten anywhere but to the couch to watch his kids.


Sure wish you wouldn't make these comments.
To me it means either you are terribly jaded by your youth...or maybe you discriminate based on gender. I don't think you would ever make these comments toward a woman that is staying home with her children while they are small. Having a parent (either gender)at home to take care of children before they get in school is priceless!!

I really don't care what Skin does nor do I have any prejudice against anyone who chooses this path. I like to give him crap.

[Scott Campbell]

Skin hasn't gotten anywhere but to the couch to watch his kids.


Sure wish you wouldn't make these comments.
To me it means either you are terribly jaded by your youth...or maybe you discriminate based on gender. I don't think you would ever make these comments toward a woman that is staying home with her children while they are small. Having a parent (either gender)at home to take care of children before they get in school is priceless!!



I wish I could have stayed home with mine.

[Tyrone Bigguns]

Skin hasn't gotten anywhere but to the couch to watch his kids.


Sure wish you wouldn't make these comments.
To me it means either you are terribly jaded by your youth...or maybe you discriminate based on gender. I don't think you would ever make these comments toward a woman that is staying home with her children while they are small. Having a parent (either gender)at home to take care of children before they get in school is priceless!!

Partial hasn't figured out that life isn't a destination to be "gotten anywhere" it is a journey.

[Partial]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

What assumptions am i making? I've read your posts..you are a poor speller to say the least. Your sentence composition is poor as well.

Benefits..you can get them if you want. Oh, is that how real companies operate when you are FTE? No. If you want, means that they will ask you to pay...ahhh...so your salary is decreased.

Or are you saying that you declined the bennies. this outta be good.

And, we all note how you dropped your foolish and stupid English as a powderpuff major.

And failed to answer how those of us with no job skills like you managed to get ahead. Tick, tock...the clock is ticking.

Have you heard of contract labor? I am paid hourly. I can work as many hours as I want up to 40, and get the same benefits regardless of how many hours I work. Being in IT I think you'd be smarter than that. I take 401k and use my parents health care, etc since I am in college.

Who said anything about anyone not having job skills? That was probably you if anyone.

Ah, contract labor..and you don't think they pay more for a contractor then a normal employee. You think they just double your contract wage when you start. Oh, lord.

Why do you use your parents health...BECAUSE YOU WOULD HAVE TO PAY FOR YOUR BENEFITS.

Yeah, my contract will get increased. Who says anything about double? Again, another implication and assumption on your part. I will be expecting a 10 grand raise after college to 50+, and will be shooting to get a 60+ job.

Are you implying that you don't have to pay for health care within your company? Most people in block plans still have to pay. It's a benefit in that my company covers a significant portion of the cost.

[GrnBay007]

I wish I could have stayed home with mine.

Me too!!
Well, in a way I did but it was by us working opposite shifts...that's a whole other story.

[Partial]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

Well, that is certainly stupid. Ask partial..it is a powderpuff degree.

You most likely do that because just like you assess the engineer..you want people who are bright, can communicate, and most importantly think and analyze...which aren't solely the province of engineers.

No no, thats not what I said. It's a powderpuff major in college. Requires no skills. Getting ahead with in anything requires skills.

Wrong, idiot. Writing is a skill. Analyzing is a skill. Comprehension is a skill..one that can be refined.

If it was a powderpuff major..do you think law school's would accept so many of them? It is just too easy.

High GPA. Amazing how most law schools won't touch you if you're a history or english major and have close to a 4.0 yet 3.4-3.6 in enginering and you're golden.

Writing is a skill, but with grade inflation it is very easy I would imagine to pull off a B for writing any paper that has an opinion and is written half-way well. If you don't nail your math exams, you fail the class.

[Tyrone Bigguns]

Glad you know what benefits they offered me. I get full benefits if I want.

I guess I can't write either now. I guess how I type on the forum says everything... Right...

Skin hasn't gotten anywhere but to the couch to watch his kids.

Again, you're making assumptions and you have no idea what you're talking about.

What assumptions am i making? I've read your posts..you are a poor speller to say the least. Your sentence composition is poor as well.

Benefits..you can get them if you want. Oh, is that how real companies operate when you are FTE? No. If you want, means that they will ask you to pay...ahhh...so your salary is decreased.

Or are you saying that you declined the bennies. this outta be good.

And, we all note how you dropped your foolish and stupid English as a powderpuff major.

And failed to answer how those of us with no job skills like you managed to get ahead. Tick, tock...the clock is ticking.

Have you heard of contract labor? I am paid hourly. I can work as many hours as I want up to 40, and get the same benefits regardless of how many hours I work. Being in IT I think you'd be smarter than that. I take 401k and use my parents health care, etc since I am in college.

Who said anything about anyone not having job skills? That was probably you if anyone.

Ah, contract labor..and you don't think they pay more for a contractor then a normal employee. You think they just double your contract wage when you start. Oh, lord.

Why do you use your parents health...BECAUSE YOU WOULD HAVE TO PAY FOR YOUR BENEFITS.

Yeah, my contract will get increased. Who says anything about double? Again, another implication and assumption on your part. I will be expecting a 10 grand raise after college to 50+, and will be shooting to get a 60+ job.

Are you implying that you don't have to pay for health care within your company? Most people in block plans still have to pay. It's a benefit in that my company covers a significant portion of the cost.

Assumption...you said it yourself. LOL

You think because you graduate this company is going to give you a 10 grand raise. Oh, lord.

BTW, you aren't an employee if you are a contractor. You are not a contract laborer..you have a contract, but you are an hourly employee. If you are a contractor..who is your employer?

Health care. Wow, you are rocket scientist. No, i dont' pay for health care. Not one single penny.

[Tyrone Bigguns]

I hire people all the time, including people with engineering degrees. I'd never look down my nose at an English major, or any other Liberal Arts degrees.

Well, that is certainly stupid. Ask partial..it is a powderpuff degree.

You most likely do that because just like you assess the engineer..you want people who are bright, can communicate, and most importantly think and analyze...which aren't solely the province of engineers.

No no, thats not what I said. It's a powderpuff major in college. Requires no skills. Getting ahead with in anything requires skills.

Wrong, idiot. Writing is a skill. Analyzing is a skill. Comprehension is a skill..one that can be refined.

If it was a powderpuff major..do you think law school's would accept so many of them? It is just too easy.

High GPA. Amazing how most law schools won't touch you if you're a history or english major and have close to a 4.0 yet 3.4-3.6 in enginering and you're golden.

Writing is a skill, but with grade inflation it is very easy I would imagine to pull off a B for writing any paper that has an opinion and is written half-way well. If you don't nail your math exams, you fail the class.

Oh, lord..you are talking out of your ass again. BTW,you sentence doesn't make a sense.

You are completely wrong about majors and gpa. What else is new.

Grade inflation. Wow, another strawman. As if grade inflation only effects liberal arts. But, the key word in your sentence is "imagine." That is something you are very good at..imagining you know something.

Don't nail your math exams. LOL. Math is a subject where you are graded on a curve. I've seen many classes where a 60 out of 100 was an A.

Keep it up, you just keep inserting your foot in your mouth.

[Harlan Huckleby]

High GPA. Amazing how most law schools won't touch you if you're a history or english major and have close to a 4.0 yet 3.4-3.6 in enginering and you're golden.

There is some truth to what you say. I pretty much got A's in math and physics, and when I took eletrical engineering classes I got B's. They grade very hard in engineering. Engineering tends to be a tad robotic, they emphasize repetition in problem solving, you have to become so proficient that you can complete exams very quickly. That's painful.

You'd be surprised at how hard English majors work, though. They are expected to read & digest for one class a long Shakespeare play in one week. Ridiculous. Or a long novel in two weeks. They do a horrendous amount of reading and writing. I expect you would be a C student if you attempted a semester of English classes. It is not easy to wrap your brain around poetry written hundreds of years ago.

[Tyrone Bigguns]

High GPA. Amazing how most law schools won't touch you if you're a history or english major and have close to a 4.0 yet 3.4-3.6 in enginering and you're golden.

There is some truth to what you say. I pretty much got A's in math and physics, and when I took eletrical engineering classes I got B's. They grade very hard in engineering. Engineering tends to be a tad robotic, they emphasize repetition in problem solving, you have to become so proficient that you can complete exams very quickly. That's painful.

You'd be surprised at how hard English majors work, though. They are expected to read & digest for one class a long Shakespeare play in one week. Ridiculous. Or a long novel in two weeks. They do a horrendous amount of reading and writing. I expect you would be a C student if you attempted a semester of English classes. It is not easy to wrap your brain around poetry written hundreds of years ago.

I highly doubt Partial makes it out of the weedout class that has you reading Milton, Spenser, Chaucer, etc.

Shakespeare play..that is light reading. Try reading Tom Jones in a week.

[SkinBasket]

I really don't care what Skin does nor do I have any prejudice against anyone who chooses this path. I like to give him crap.

No. You like to be ignorant in everything you say and do. You're one of those guys who high-fives himself in the mirror as self-affirmation. In short, you are a douchebag. And a pussy to boot, since you always back off your original statements, claiming you were only "stirring the pot" or "giving someone crap."

Partial, you sure seem to know a lot about majoring in English, law school admission, being a parent, not living with your mom, and attending a real university for not having any experience in any of those fields. Where does all of this wisdom come from? Is it the same mega-server that holds all of the college football film that guides your vast and omnipotent football knowledge? You still haven't told me where I can find this infinite well of wisdom. It would be very much appreciated. I long to be as smart as you.

What do you call those religious freaks who like to flog themselves? I'm starting to think this thread is Partial's flog.

[hoosier]

What do you call those religious freaks who like to flog themselves? I'm starting to think this thread is Partial's flog.

You mean flagellation? Or the "English vice"?
http://www.corpun.com/books2.htm

[Tyrone Bigguns]

What do you call those religious freaks who like to flog themselves? I'm starting to think this thread is Partial's flog.

You mean flagellation? Or the "English vice"?
http://www.corpun.com/books2.htm

Those freaks are called catholics.

Well, really, devout subsection. You are most likely referring to Opus Dei.

They use the doctine of mortification..the voluntary offering of discomfort of pain.

Tyrone isn't a member, but he enjoys wearing a cilice.

[BallHawk]

Tyrone is like a black Silas?

[Tyrone Bigguns]

Tyrone is like a black Silas?

How do you know Silas wasn't black.

I guarantee jesus isn't like those pics hanging in churches..no blue eyed, blond haired jews hanging aroung galilee.

[BallHawk]

I guarantee jesus isn't like those pics hanging in churches..no blue eyed, blond haired jews hanging aroung galilee.

I've always imagined that Jesus looked like Gary Glitter.

[BallHawk]

Tyrone is like a black Silas?

How do you know Silas wasn't black.

Silas was an albino caucasian. Albino African-Americans became extinct in the 1600s.

[Tyrone Bigguns]

I guarantee jesus isn't like those pics hanging in churches..no blue eyed, blond haired jews hanging aroung galilee.

I've always imagined that Jesus looked like Gary Glitter.

And, he liked young boys as well?

[texaspackerbacker]

A recession is defined by 6 consecutive months of negative GDP (gross domestic product) growth. I'm not sure how the GDP did the past couple months, but we will not know for a few months if we are in a recession for sure.

It's more likely that we are in a period of stagflation. Where inflation is growing (which we see in rising food and gas prices), and where unemployment is rising. A ying/yang going on at the same time.

I have to confess to not reading all 28 or so pages of this thread or going to the What's For Dinner or whatever thread that was mentioned.

I see that somewhere along the line, the thread departed from the original title, so I quoted the above from page 1, as it seems on point, if not entirely correct.

As LL2 said, there is a clear economic definition of recession, which has not even come close to being met. The talk of recession is primarily demagoguery by the anti-Bush Adminstration leftist mainstream media.

Where I differ from LL2 is the talk about "stagflation". This is a term coined during the Carter years to denote something which had basically never happened before, and which went against all textbook economic principals.

Students learn in Econ 101 that there is a "tradeoff" between inflation and unemployment. In the Carter years, we had extreme inflation AND very high unemployment resulting from a stagnating economy--lack of economic growth.

THAT scenario is absolutely NOT what we see today. Unemployment is about 4.5%--lower than any time in nearly a half century. Growth has slowed down from the economic boom brought on by the Bush tax cuts, but it still exists. And inflation is still low--up just barely from the extraordinarily low rate a few years ago. True, oil/gasoline prices are up, and that has raised a lot of other things due to higher transportation cost, etc., but statistically, inflation is NOT alarmingly high.

Likewise, the mortgage "crisis" is a "tempest in a teapot" promoted by the degenerate and biased media. Defaults are under 1%; Actual foreclosures are well under that. Some demagogues have actually compared this to the Depression when foreclosures reached 50% of mortgages. They were 2-3% for several years in the late70s/early 80s.

To a great extent, this is all election year politics more than anything else, as the leftist media tries to generate trouble--at America's expense--to try and influence the election in favor of one of the leftist candidates.

[Scott Campbell]

Good to see you Tex!

[BallHawk]

Good to see you Tex!

Our prayers have been answered.

[texaspackerbacker]

Thank you, Scott. BallHawk, I haven't been around here long enough to know where you stand--and whether you were being sarcastic or not ...... thanks--I think.

[Scott Campbell]

Likewise, the mortgage "crisis" is a "tempest in a teapot" promoted by the degenerate and biased media. Defaults are under 1%; Actual foreclosures are well under that. Some demagogues have actually compared this to the Depression when foreclosures reached 50% of mortgages. They were 2-3% for several years in the late70s/early 80s.



I believe defaults are way up. And credit has certainly tightened because of it. And I know some ridiculous lending practices were allowed that the industry never would have considered even 15 years ago.

But I'm not aware of the increase in defaults historical perspective.

[Scott Campbell]

Thank you, Scott. BallHawk, I haven't been around here long enough to know where you stand--and whether you were being sarcastic or not ...... thanks--I think.


Hell, I'm glad to see you. Now well probably argue like all hell on many subjects. But that's ok.

[texaspackerbacker]

Yeah, like I had as my signature one year, politics is the most fun thing going in the off-season. As I recall, I agreed with you more often than not in the old FYI days.

As for the mortgage "crisis", there are actually two separate but related situations: the slight downturn in real estate values AND the idea that a fairly large number of people are in default, and some actually getting foreclosed on.

The "downturn" thing is mostly confined to a few areas where the real estate "boom" was the most extreme--California, Florida, and a few (far from all) big cities. Most of the country is experiencing decent growth as usual. Even the areas of downturn will undoubtedly bounce back fairly quick.

The mortgage thing, as I said in the other post, is greatly exaggerated. It was worse in the late 70s/early 80s and horribly worse in the Depression. The thing is, interest is still extremely low--5.5-6% fixed rate, which means affordability--house payments way less than what rent would be for the same house. That contrasts with the horrendous interest rates of 12 to a high of 17.5% in the late 70s/early 80s.

Credit may be a little tighter, but only in comparison to the easy money of the last few years which some people blame for the current minor problems. With interest still as low as it is, it is still a great time to be a buyer and not too bad a time to be a seller in most of the country.

The fact that a lot of the crap from the media seems to indicate otherwise is just stirring up trouble to help the Dems and to make Bush, McCain, and other Republicans look bad.

[BallHawk]

Thank you, Scott. BallHawk, I haven't been around here long enough to know where you stand--and whether you were being sarcastic or not ...... thanks--I think.

No sarcasm involved. I was referring to a few threads on here where the statement was uttered "If Tex was here....."

Good to have you on board.