DC Tom Posted October 3, 2008 Share Posted October 3, 2008 Isn't that what GWB has been telling us since 9-11? Isn't the best, most patriotic thing, for True Americans to do, spending every dime they can lay their hands on to keep the consumer driven economy running in high gear? Wasn't that how True American's were supposed to support the war effort? Not that I recall. I do remember Condi saying that conservation was un-American...but I thought that was less a statement of policy than a statement of fact. But then, there's the "economic stimulus package" earlier this year, which was basically "Here's some money. Everybody go spend it." So perchance you have a point. Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 I didn't see where he said anything about making payments... He didn't, but I was willing to even allow that caveat. Link to comment Share on other sites More sharing options...
RI Bills Fan Posted October 3, 2008 Share Posted October 3, 2008 Not that I recall. I do remember Condi saying that conservation was un-American...but I thought that was less a statement of policy than a statement of fact. But then, there's the "economic stimulus package" earlier this year, which was basically "Here's some money. Everybody go spend it." So perchance you have a point. Economists estimate that slightly more than two-thirds (68 percent) of the American economy is built on consumer spending -- that's you and me buying everything in sight. President Bush clarified spending's lofty position in the American pantheon when, just days after 9/11, he urged us to "return to normal" by, yes, going shopping . We didn't heed the advice at first, but after a few tax cuts and rounds of home refinancing, we did what Americans do best: We spent our way out of a recession. The best explination of this Admin's economic policy i could find... And to be fair... Oh, wait this is PPP, !@#$ Fair! Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 Isn't that what GWB has been telling us since 9-11? Isn't the best, most patriotic thing, for True Americans to do, spending every dime they can lay their hands on to keep the consumer driven economy running in high gear? Wasn't that how True American's were supposed to support the war effort? I'm sorry but this is a discussion on finance & economics. If you want to turn this into a partisan rant, please tell me about the Fannie Freddie patronage and go away. Link to comment Share on other sites More sharing options...
finknottle Posted October 3, 2008 Share Posted October 3, 2008 Isn't that what GWB has been telling us since 9-11? Isn't the best, most patriotic thing, for True Americans to do, spending every dime they can lay their hands on to keep the consumer driven economy running in high gear? Wasn't that how True American's were supposed to support the war effort? GWB is the devil. Everybody knows that the best, most patriotic thing is for True Americans to do is enact higher taxes on the wealthy. Link to comment Share on other sites More sharing options...
Booster4324 Posted October 3, 2008 Share Posted October 3, 2008 GWB is the devil. Everybody knows that the best, most patriotic thing is for True Americans to do is enact higher taxes on the wealthy. Yoohoo GG this seems partisan and off topic. Is that what this thread is about? Link to comment Share on other sites More sharing options...
RI Bills Fan Posted October 3, 2008 Share Posted October 3, 2008 I'm sorry but this is a discussion on finance & economics. If you want to turn this into a partisan rant, please tell me about the Fannie Freddie patronage and go away. Economists estimate that slightly more than two-thirds (68 percent) of the American economy is built on consumer spending -- that's you and me buying everything in sight. President Bush clarified spending's lofty position in the American pantheon when, just days after 9/11, he urged us to "return to normal" by, yes, going shopping . We didn't heed the advice at first, but after a few tax cuts and rounds of home refinancing, we did what Americans do best: We spent our way out of a recession. The best explination of this Admin's economic policy i could find... Why should I when you guys are ignoring the 800 lb. gorilla sitting right in front of you! Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 Yoohoo GG this seems partisan and off topic. Is that what this thread is about? It didn't start out that way. But feel free to think it was hijacked by a republican. Link to comment Share on other sites More sharing options...
Booster4324 Posted October 3, 2008 Share Posted October 3, 2008 It didn't start out that way. But feel free to think it was hijacked by a republican. I never said that, but typical misdirection. I am asking for neutral smackdown. Well at least from you as I admit to a liberal bias. Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 I never said that, but typical misdirection. I am asking for neutral smackdown. Well at least from you as I admit to a liberal bias. No sense slapping everyone around once the tangent is in full force. Never mind that my main argument in this thread is against the rote republican talking point about the bailout package. But, I'm sure that you understand that too. Link to comment Share on other sites More sharing options...
Booster4324 Posted October 3, 2008 Share Posted October 3, 2008 No sense slapping everyone around once the tangent is in full force. Never mind that my main argument in this thread is against the rote republican talking point about the bailout package. But, I'm sure that you understand that too. I freely admit, I have a limited understanding of the whole mess. In fact, I count on people like you to provide understanding. I am somewhat dismayed when you turn semi partisan. You are neutral in this whole mess right? From my understanding this is a bi-partisan mess. Therefore, the smackdown belongs to all. Link to comment Share on other sites More sharing options...
DC Tom Posted October 3, 2008 Share Posted October 3, 2008 The best explination of this Admin's economic policy i could find... And to be fair... Oh, wait this is PPP, !@#$ Fair! I do recall him saying that, now that you mention it. But I felt -and still do - that was less a statement of policy than it was an off-the-cuff throwaway statement by a congenital idiot. Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 I freely admit, I have a limited understanding of the whole mess. In fact, I count on people like you to provide understanding. I am somewhat dismayed when you turn semi partisan. You are neutral in this whole mess right? From my understanding this is a bi-partisan mess. Therefore, the smackdown belongs to all. It's everyone's fault. Link to comment Share on other sites More sharing options...
Booster4324 Posted October 3, 2008 Share Posted October 3, 2008 It's everyone's fault. So we agree with the exception of you laying down the smackdown on everyone. I can live with that as long as you can. Link to comment Share on other sites More sharing options...
DC Tom Posted October 3, 2008 Share Posted October 3, 2008 Not to digress back to the original topic...but I've read EII's initial post about a dozen times now, and it's still quite possibly the stupidest thing I've ever seen on this board. And I argued with a guy for about eight thousand posts over regression to the mean, so I know stupid posts. Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 Not to digress back to the original topic...but I've read EII's initial post about a dozen times now, and it's still quite possibly the stupidest thing I've ever seen on this board. And I argued with a guy for about eight thousand posts over regression to the mean, so I know stupid posts. You just realized that? Link to comment Share on other sites More sharing options...
DC Tom Posted October 3, 2008 Share Posted October 3, 2008 You just realized that? No, I realized that the first time I read it. I just kept hoping that eventually, if I read it enough, it would make some sort of sense. But...no. Link to comment Share on other sites More sharing options...
RI Bills Fan Posted October 3, 2008 Share Posted October 3, 2008 I do recall him saying that, now that you mention it. But I felt -and still do - that was less a statement of policy than it was an off-the-cuff throwaway statement by a congenital idiot. It isn't just him, GG is right it's a non-partisan thing, but he put the public face on it with his post 9-11 comments. The real problem is the fact that in the last 30 years our economy has been turned 180 degrees. At one time we sold American Products to the world. Now we buy the worlds products. Our manufacturing base has been exported so that a CEO making 25 million a year can hire workers making $5 a day. Yet the same people who B word and moan about our "Debtor Nation" status will argue endlessly that outsourcing is a good thing. I'm no economist, but the cause of the current economic crisis is easy to see. The real question is can the effects of thirty years of stupidity be reversed? Link to comment Share on other sites More sharing options...
ieatcrayonz Posted October 3, 2008 Share Posted October 3, 2008 Who says you have to live in a +1,200 sqquare foot house? WHAT!?!?!?! 1200 square feet? Dude, the vault where I keep my $1000 bills is more than 1200 sq ft. How could you live in 1200 square feet? Sammy got pissed when I didn't expand his cage to 5000. I realize most people don't have talking hamsters nagging them....trust me it is a big pain in the butt.....but even without that I would give him at least 2000. What the heck is wrong with you? Link to comment Share on other sites More sharing options...
GG Posted October 3, 2008 Share Posted October 3, 2008 It isn't just him, GG is right it's a non-partisan thing, but he put the public face on it with his post 9-11 comments. The real problem is the fact that in the last 30 years our economy has been turned 180 degrees. At one time we sold American Products to the world. Now we buy the worlds products. Our manufacturing base has been exported so that a CEO making 25 million a year can hire workers making $5 a day. Yet the same people who B word and moan about our "Debtor Nation" status will argue endlessly that outsourcing is a good thing. I'm no economist, but the cause of the current economic crisis is easy to see. The real question is can the effects of thirty years of stupidity be reversed? You mean a POTUS telling people to go on with their lives and try not to get carried away with fear that buildings will blow up around them is a bad thing in retrospect? And, you are correct, you don't understand economics. Just because a product isn't manufactured here doesn't mean it's not American. The biggest determinant is where do the profits go. For instance, the iPod is manufactured in various cheap places around the world. The value that it generates to the physical manufacturers is probably $10-$15 for the assembly, while the remaining $180 of the retail price goes to the chain of American companies from Apple to the end retailer. Understanding the value that equation provides is what keeps America humming and growing, despite periodic hiccups. I'll answer your question with another question, is it worth more to protect the $10 contribution to a product, or the $180 contribution? Link to comment Share on other sites More sharing options...
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