So it's the ECONOMY....

  • Posted by a hidden member.
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    Feb 10, 2016 10:26 PM GMT
    ....That has voters all hot an bothered!!

    All is not well. The voice of the people speak LOUD against the established political environment. They want change......


    Real Jobs, real wage growth, lower taxes, less big government waste, getting the trillions put back to building AMERICA and not some go no where country....

    More?


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    Feb 10, 2016 11:25 PM GMT
    sounds like any election year. whatever.
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    Feb 11, 2016 2:22 AM GMT
    2Bnaked said....That has voters all hot an bothered!!

    All is not well. The voice of the people speak LOUD against the established political environment. They want change......


    Real Jobs, real wage growth, lower taxes, less big government waste, getting the trillions but back to building AMERICA and not some go no where country....

    More?

    Obama’s crowing about the alleged success of his economic policies, as evidenced by the 4.9% unemployment rate reported on Friday, is especially annoying. You would think the former community organizer might have noticed that despite the appearance of improvement in the BLS charts, prosperity does not seem to be trickling down.

    Food stamp participation rates are still the highest in history, and bear no resemblance to where these ratios stood during earlier periods of so-called full employment. Essentially, 4.9% unemployment can’t be true in a setting where the food stamp participation rate is nearly 15%.

    Notice he did not mention the "good jobs" aspect of the usual Washington blather about employment. That's because there has been no recovery in the number of full-time, full-pay jobs since the pre-crisis peak.

    On the margin, the U.S. economy swapped-out 1.4 million manufacturing jobs for only a slightly higher number of waiters and bartenders. Never mind the fact that the average manufacturing job pays $55,000 annually compared to less than $20,000 for gigs in restaurants and bars.

  • roadbikeRob

    Posts: 14372

    Feb 11, 2016 3:54 AM GMT
    desertmuscl said
    2Bnaked said....That has voters all hot an bothered!!

    All is not well. The voice of the people speak LOUD against the established political environment. They want change......


    Real Jobs, real wage growth, lower taxes, less big government waste, getting the trillions but back to building AMERICA and not some go no where country....

    More?

    Obama’s crowing about the alleged success of his economic policies, as evidenced by the 4.9% unemployment rate reported on Friday, is especially annoying. You would think the former community organizer might have noticed that despite the appearance of improvement in the BLS charts, prosperity does not seem to be trickling down.

    Food stamp participation rates are still the highest in history, and bear no resemblance to where these ratios stood during earlier periods of so-called full employment. Essentially, 4.9% unemployment can’t be true in a setting where the food stamp participation rate is nearly 15%.

    Notice he did not mention the "good jobs" aspect of the usual Washington blather about employment. That's because there has been no recovery in the number of full-time, full-pay jobs since the pre-crisis peak.

    On the margin, the U.S. economy swapped-out 1.4 million manufacturing jobs for only a slightly higher number of waiters and bartenders. Never mind the fact that the average manufacturing job pays $55,000 annually compared to less than $20,000 for gigs in restaurants and bars.

    That is this new service based economy for youicon_mad.gificon_exclaim.gif
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    Feb 11, 2016 5:44 AM GMT
    Assessing Yellen's Warning That Markets Pose a Threat to Economy

    http://www.bloomberg.com/news/articles/2016-02-11/assessing-yellen-s-warning-that-markets-pose-a-threat-to-economy
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    Feb 12, 2016 7:16 AM GMT
    Swedish Bank Move Creates a Global Shudder


    Low oil prices, cheap Chinese exports and negative interest rates may smell like recession to some, but economists with a more optimistic bent see these trends as a tremendous gift to the consumer.

    Charles Dumas, the chief economist for Lombard Street, an independent research house based in London says that consumers in Europe and the United States will not hoard their gains but instead spend them on houses, cars and other items.

    “This idea that consumers are not spending is just wide of the mark,” Mr. Dumas said. Perhaps the full effect won’t be felt immediately, he added, but over time it will.

    The world’s central bankers certainly hope he is right.

    http://www.nytimes.com/2016/02/12/business/dealbook/swedish-bank-move-creates-a-global-shudder.html
  • tj85016

    Posts: 4123

    Feb 12, 2016 9:16 AM GMT
    the world is awash in debt that cannot be repaid - and we are seeing the results right now - European and Chinese banks are getting destroyed

    first ZIRP, now Europe and Japan have gone NIRP (with Congress debating whether that's even legal for the Fed to do in the US)

    Obama's economy is nothing but an additional $9-10 trillion in debt and a $4.5 trillion Fed balance sheet (use to prop up fake stock markets, buy shitty mortgages, car loans and Treasury debt)
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    Feb 12, 2016 10:21 AM GMT
    roadbikeRob said
    desertmuscl said
    2Bnaked said....That has voters all hot an bothered!!

    All is not well. The voice of the people speak LOUD against the established political environment. They want change......


    Real Jobs, real wage growth, lower taxes, less big government waste, getting the trillions but back to building AMERICA and not some go no where country....

    More?

    Obama’s crowing about the alleged success of his economic policies, as evidenced by the 4.9% unemployment rate reported on Friday, is especially annoying. You would think the former community organizer might have noticed that despite the appearance of improvement in the BLS charts, prosperity does not seem to be trickling down.

    Food stamp participation rates are still the highest in history, and bear no resemblance to where these ratios stood during earlier periods of so-called full employment. Essentially, 4.9% unemployment can’t be true in a setting where the food stamp participation rate is nearly 15%.

    Notice he did not mention the "good jobs" aspect of the usual Washington blather about employment. That's because there has been no recovery in the number of full-time, full-pay jobs since the pre-crisis peak.

    On the margin, the U.S. economy swapped-out 1.4 million manufacturing jobs for only a slightly higher number of waiters and bartenders. Never mind the fact that the average manufacturing job pays $55,000 annually compared to less than $20,000 for gigs in restaurants and bars.

    That is this new service based economy for youicon_mad.gificon_exclaim.gif


    +1
  • wild_sky360

    Posts: 1492

    Feb 13, 2016 12:58 AM GMT
    tj85016 saidthe world is awash in debt that cannot be repaid - and we are seeing the results right now -


    I agree. But I don't think it was never intended to be repaid, at least not in present value. And I believe that is by design to become a geostrategic weapon for leverage. It's used throughout the developing world to control nations and loot resources.

    In the case of the US, Saudis and economic rivals China and Japan hold huge fiat dollar reserves that could become worthless for decades with any sort of sanction policy, outright default, or even threat of default. Just look at Iran with their assets held for 36 years.