Obama Staffers Sexually Assault Hillary Clinton!!

[arcilite]

Shouldn't all you conservatives be working on your explanation of why another gov't bailout is ok.

P.S. Skin, why don't you work on your explanation of how we were in a recession for over a year but it was just now discovered.

I was against the bail out, just like the House Republicans--the bastion of conservative elected officials nowadays. You lefties will be hard pressed to disavow the bail out when liberals like Barney Fag are leading the push for it.

There is a clear textbook definition for "recession". By that definition we weren't, and indeed still aren't in a recession, although one more down quarter would make it a recession. I'm not sure who these pseudo-experts are that are claiming the recession started a year agp, but it just ain't so.

The only reason for the slight downturn is the fact that the leftist media, in true self-fulfilling-prophecy fashion, hoodwinked people into believing the problems were real. That caused consumers and investors to behave like there actually WAS a crisis, which actually brought about some elements of real economic problems.

A recession is when the GDP is reduced for 2 or more quarters in a row.

Or "a significant decline in the economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.""

The United States has been in recession since December 2007. 11 Months and counting.

You can look up the facts...that is not something fabricated by the 'leftist media'

[bobblehead]

Shouldn't all you conservatives be working on your explanation of why another gov't bailout is ok.

P.S. Skin, why don't you work on your explanation of how we were in a recession for over a year but it was just now discovered.

I was against the bail out, just like the House Republicans--the bastion of conservative elected officials nowadays. You lefties will be hard pressed to disavow the bail out when liberals like Barney Fag are leading the push for it.

There is a clear textbook definition for "recession". By that definition we weren't, and indeed still aren't in a recession, although one more down quarter would make it a recession. I'm not sure who these pseudo-experts are that are claiming the recession started a year agp, but it just ain't so.

The only reason for the slight downturn is the fact that the leftist media, in true self-fulfilling-prophecy fashion, hoodwinked people into believing the problems were real. That caused consumers and investors to behave like there actually WAS a crisis, which actually brought about some elements of real economic problems.

A recession is when the GDP is reduced for 2 or more quarters in a row.

Or "a significant decline in the economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.""

The United States has been in recession since December 2007. 11 Months and counting.

You can look up the facts...that is not something fabricated by the 'leftist media'

by your own arguement and facts we have been in recession for 5 months. Its not a recession until AFTER 2 quarters...or 6 months. Anyway it is irrelavent as recessions are part of the normal cycle. This one happens to be nastier because of the credit markets crunching. Shit happens, keep the environment for growth right and we will come out of it just like post 9/11.

[arcilite]

Shouldn't all you conservatives be working on your explanation of why another gov't bailout is ok.

P.S. Skin, why don't you work on your explanation of how we were in a recession for over a year but it was just now discovered.

I was against the bail out, just like the House Republicans--the bastion of conservative elected officials nowadays. You lefties will be hard pressed to disavow the bail out when liberals like Barney Fag are leading the push for it.

There is a clear textbook definition for "recession". By that definition we weren't, and indeed still aren't in a recession, although one more down quarter would make it a recession. I'm not sure who these pseudo-experts are that are claiming the recession started a year agp, but it just ain't so.

The only reason for the slight downturn is the fact that the leftist media, in true self-fulfilling-prophecy fashion, hoodwinked people into believing the problems were real. That caused consumers and investors to behave like there actually WAS a crisis, which actually brought about some elements of real economic problems.

A recession is when the GDP is reduced for 2 or more quarters in a row.

Or "a significant decline in the economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.""

The United States has been in recession since December 2007. 11 Months and counting.

You can look up the facts...that is not something fabricated by the 'leftist media'

by your own arguement and facts we have been in recession for 5 months. Its not a recession until AFTER 2 quarters...or 6 months. Anyway it is irrelavent as recessions are part of the normal cycle. This one happens to be nastier because of the credit markets crunching. Shit happens, keep the environment for growth right and we will come out of it just like post 9/11.

You are right on that. I think it is silly to say we are not in a recession.

But what is open to opinion is how severe it is

[texaspackerbacker]

Shouldn't all you conservatives be working on your explanation of why another gov't bailout is ok.

P.S. Skin, why don't you work on your explanation of how we were in a recession for over a year but it was just now discovered.

I was against the bail out, just like the House Republicans--the bastion of conservative elected officials nowadays. You lefties will be hard pressed to disavow the bail out when liberals like Barney Fag are leading the push for it.

There is a clear textbook definition for "recession". By that definition we weren't, and indeed still aren't in a recession, although one more down quarter would make it a recession. I'm not sure who these pseudo-experts are that are claiming the recession started a year agp, but it just ain't so.

The only reason for the slight downturn is the fact that the leftist media, in true self-fulfilling-prophecy fashion, hoodwinked people into believing the problems were real. That caused consumers and investors to behave like there actually WAS a crisis, which actually brought about some elements of real economic problems.

A recession is when the GDP is reduced for 2 or more quarters in a row.

Or "a significant decline in the economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.""

The United States has been in recession since December 2007. 11 Months and counting.

You can look up the facts...that is not something fabricated by the 'leftist media'

You started out very well--quoting the textbook definition of a recession--the two consecutive quarters of negative growth--which STILL has not occurred.

The rest of what you posted, however, is nothing but a conveniently vague and subjective mishmash--how much, for how long? And do they really mean decline (which hasn't occurred in most of those areas? Or just slowing of the rate of increase?

By the REAL economic definition, we are NOT in a recession even now.

And to the extent ANY of this is happening, it is the result of the "self-fulfilling prophecy" of the leftist mainstream media--conning people into believing there was some kind of an economic crisis so that they would behave in a way that actually did slow things down.

[arcilite]

It is hard to ignore when we see banks failing, houses getting foreclosed, and millions getting laid off.

I know you think the 'leftist media' has exaggerated the 'recession' TBP, but you do agree that things are not so good now right?

[GrnBay007]

By the REAL economic definition, we are NOT in a recession even now.

Well then, take me to the bubble you are living in!!

[texaspackerbacker]

It is hard to ignore when we see banks failing, houses getting foreclosed, and millions getting laid off.

I know you think the 'leftist media' has exaggerated the 'recession' TBP, but you do agree that things are not so good now right?

It depends on what you consider good--or bad.

Very very few banks have failed--and for that, we have the FDIC.

The foreclosures have been extremely exaggerated. It takes many months to lose a house. There are remedies, etc. I wonder how many people who have actually walked away from mortgages did so out of ignorance--or swallowing the bullshit put out by the media when they got the first threatening letter. The housing "crisis" is largely confined to a few geographic areas where the previous boom got to extreme and needed correcting.

As for agreeing or disagreeing that things aren't so good now, I ask you, do you know anybody who is suffering? I sure don't. Undoubtedly there are some people, but not all that many--probably much less than in many previous downturns or other types of "crises".

And I say again, to the extent that it is happening, it is mainly the result of people reacting to the negative and mostly false crap put out by the media--I won't even confine it to the leftist media, as Fox has been guilty of some bogus and alarmist crap too.

[texaspackerbacker]

By the REAL economic definition, we are NOT in a recession even now.

Well then, take me to the bubble you are living in!!

007, are YOU suffering? Do you know anyone who is suffering?

People can exaggerate and panic and say whatever they want, but the actual word, "recession" has an actual definition, and what we are experiencing just ain't it.

[GrnBay007]

By the REAL economic definition, we are NOT in a recession even now.

Well then, take me to the bubble you are living in!!

007, are YOU suffering? Do you know anyone who is suffering?

People can exaggerate and panic and say whatever they want, but the actual word, "recession" has an actual definition, and what we are experiencing just ain't it.

Suffering, no. I don't think I would use the word "suffering" when speaking about a recession to begin with.

I don't trust most of what I read or hear on TV. But I do trust people I know that own businesses and a few in finance that have been saying they hope they are wrong, but do expect things to get much, much worse before they get better. ...and those people laugh when they hear people saying we are not in a recession.

Wonder what effect the economy will have on the Holiday spending this year. Myself? I'm spending 1/2 of what I normally spend on x-mas gifts. The other 1/2 of the good old x-mas club account is getting set aside as a reserve.

[arcilite]

I'm suffering. Most of my friends are suffering.

And some of my family.

[GrnBay007]

I'm suffering. Most of my friends are suffering.

We're not talking hangovers here. :P

[texaspackerbacker]

By the REAL economic definition, we are NOT in a recession even now.

Well then, take me to the bubble you are living in!!

007, are YOU suffering? Do you know anyone who is suffering?

People can exaggerate and panic and say whatever they want, but the actual word, "recession" has an actual definition, and what we are experiencing just ain't it.

Suffering, no. I don't think I would use the word "suffering" when speaking about a recession to begin with.

I don't trust most of what I read or hear on TV. But I do trust people I know that own businesses and a few in finance that have been saying they hope they are wrong, but do expect things to get much, much worse before they get better. ...and those people laugh when they hear people saying we are not in a recession.

Wonder what effect the economy will have on the Holiday spending this year. Myself? I'm spending 1/2 of what I normally spend on x-mas gifts. The other 1/2 of the good old x-mas club account is getting set aside as a reserve.

I think in a way, you really nailed it. A lot of people are sitting around saying/thinking "there must be much worse things to come, because it sure ain't as bad as the media is telling us now".

A lot of people are probably doing just like you at Christmas, 007. You really prove my point: people behaving in a way that CAUSES the economic slowdown because they are afraid all the crap the media says is here now just must be coming soon--a self-fulfilling prophecy--a MEDIA-GENERATED economic problem.

[MJZiggy]

According to the US Bureau of Labor Statistics, the U.S. economy lost 1.2 million jobs in the first 10 months of 2008. When I was doing my pre-Thanksgiving shopping, there were 3 chains that were going out of business. Not 3 stores, but 3 chains. And yes, I do know someone who was laid off recently. I was told that it had never before taken him this long to get a new job as a computer programmer.

[SkinBasket]

According to the US Bureau of Labor Statistics, the U.S. economy lost 1.2 million jobs in the first 10 months of 2008. When I was doing my pre-Thanksgiving shopping, there were 3 chains that were going out of business. Not 3 stores, but 3 chains. And yes, I do know someone who was laid off recently. I was told that it had never before taken him this long to get a new job as a computer programmer.

The world is truly ending.

[texaspackerbacker]

It's true, unemployment is in the mid to upper 6% range, higher than it has been since the Clinton years. And yeah, Circuit City and whatever the other two are, really are apparently going out of business.

Why do you think that is? Maybe because people aren't buying their products? Maybe because people aren't buying what the factories were making where there are now people without jobs? Maybe because corporate tax rates here are higher than just about anywhere in the world? Maybe because wacko environmentalist policies and other government regulations cost employers far more here than most other places in the world?

And why do you think people aren't buying as much? I refer you to 007's post above.

And why do you think so many people are so worried when they, themselves, are NOT feeling the effects of economic problems? I say it's the media pushing off a bunch of bogus crap on the public. Do you have a better idea?

Why would the media do such a thing? Does it really matter? I say it's elitist America-hate for the most part. Do you have another theory about that?