Stop being so partisan. It won't kill you to give a shred of credit where credit is due. Naysayers were predicting complete doom and gloom for the economy is Obama got a 2nd term, the opposite has happened. Debt is an issue, yes, but that doesn't mean you need to spit on the strength of the economy and record low unemployment as if that means nothing, and just switch the topic to debt because you can't stand to aknowledge something positive. It's this kind of intellectual dishonesty and "I need to win points with every statement/post" that makes the political system and discourse such shit. I'm not the biggest Obama fan, but I don't need to be in order to be honest, objective, and aknowledge something good.
The only thing dishonest and partisan would be believing that any of what you see should be taken at face value. Reading headlines does not equal being informed about how things transpired, or where certain money is and why.
Everything you see on TV is a sham for public consumption. Everything real is done behind the scenes, by people you've never even heard of, for reasons you couldn't even imagine. Start with the assumption that you know absolutely no truth about any of it, and you now know more than most people.
The only thing dishonest and partisan would be believing that any of what you see should be taken at face value. Reading headlines does not equal being informed about how things transpired, or where certain money is and why.
Everything you see on TV is a sham for public consumption. Everything real is done behind the scenes, by people you've never even heard of, for reasons you couldn't even imagine. Start with the assumption that you know absolutely no truth about any of it, and you now know more than most people.
So in other words, it is impossible to have a reasoned opinion on anything whatsoever to do with society and politics, so you might as well not bother to pay any attention to either as you are only contemplating a mirage while wearing a tin-foil hat.
Quote:
Originally Posted by SpamSandwich
I've been just as hard on George W. Bush, so that isn't the issue.
The economy has not recovered. It's flooded with money by the Fed and the lending rate is near zero. This indicates a still-shaky economy at best. At worst, a new bubble is growing and there will be another massive crash as a result.
Why do you think wages haven't changed and companies are hoarding cash and buying back their own stock? Because they don't trust the economy, nor do they trust Washington to do the right thing.
Personally, if I were to sell everything tomorrow I'd retire rich, however the prospect of another bubble bursting is real and I am concerned the next one will be much larger and will last longer unless it results in no bailouts and no intervention from Wasgington (something they are unwilling to do).
Going on employment, it has definitely recovered. Wages haven't changed because of simple supply and demand. Expect that to change as the labour supply tightens.
Apple just raising price for the sake of raising price. It's not bring the foreign income back to the US anyway. Just wait and see if the price will drop when the US exchange rate is going the other way.
...Going on employment, it has definitely recovered. Wages haven't changed because of simple supply and demand. Expect that to change as the labour supply tightens.
What statistics are you relying on in your assumptions with regard to employment?
Yeah, get the shrub back. He knew how to balance a budget.
If the budget was balanced the debt wouldn't be continuing to go up! If anything it would be at the very least break even. If it started dropping now we would have something. yet it's shot up even higher and he has 2 years to go yet. In fact he's on video about how irresponsible this is, and yet he's worse then BUSH which he is a huge RINO and consider many republicans just a wing of the Democrat party. Here's Obama in Video in his own words!!! Yet Obama has added more Debt to this country this BUSH and every single other president combined.
This can't last. At some point it's come crashing down and we'll be a banana republic. You'll be able to wheel barrel your money into the store for a gallon of milk. If you don't think it'll happen, Look to Germany in recent history.
Absolutely terrible that he has improved the US Economy, causing the US$ to appreciate. Not sure why he is responsible for the problems affecting the economies of Europe and Australia.
The USD isn't appreciating, everything else is depreciating. Still good for the U.S., but don't be giving credit where credit isn't due out of some sense of empty jingoism.
Maybe Hans in Denmark won't be able to buy a new Macbook just yet, and maybe Pierre in France might have to use their iPhone for another year before they upgrade. Such is life, and such is business.
Apple is doing pretty well in Asia, and this will more than offset for any weak and lackluster Europe with their tumbling economy. For every Hans and Pierre in Europe there's twenty Liang Changs in China that are lusting after Apple products and they can afford it too.
China is not doing awfully well at the moment. The population of the EU is about 507 Million. The poulation of China is about 1.37 Billion, so not even 3 times that of the EU. The average income in the Eu is about $28 k. In China it's $2 K so in actual fact, you have it around backwards, the EU as a market is larger than China.
If the budget was balanced the debt wouldn't be continuing to go up! If anything it would be at the very least break even. If it started dropping now we would have something. yet it's shot up even higher and he has 2 years to go yet. In fact he's on video about how irresponsible this is, and yet he's worse then BUSH which he is a huge RINO and consider many republicans just a wing of the Democrat party. Here's Obama in Video in his own words!!! Yet Obama has added more Debt to this country this BUSH and every single other president combined.
This can't last. At some point it's come crashing down and we'll be a banana republic. You'll be able to wheel barrel your money into the store for a gallon of milk. If you don't think it'll happen, Look to Germany in recent history.
Forget about Germany. Look at Greece. Their public debt caused by massive entitlement programs and a majority of workers actually working for their government instead of for the private sector threw them into crisis. I wonder at what point the massive US debt and looming unfunded entitlements might possibly upend this country?
The USD isn't appreciating, everything else is depreciating. Still good for the U.S., but don't be giving credit where credit isn't due out of some sense of empty jingoism.
What statistics are you relying on in your assumptions with regard to employment?
Quote:
THE EMPLOYMENT SITUATION -- FEBRUARY 2015
Total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today
Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed. That's right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
There's another reason why the official rate is misleading. Say you're an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.
Yet another figure of importance that doesn't get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find -- in other words, you are severely underemployed -- the government doesn't count you in the 5.6%. Few Americans know this... (continued at link, above)
China is not doing awfully well at the moment. The population of the EU is about 507 Million. The poulation of China is about 1.37 Billion, so not even 3 times that of the EU. The average income in the Eu is about $28 k. In China it's $2 K so in actual fact, you have it around backwards, the EU as a market is larger than China.
Apple's profits in China are up 70% compared to 1 year ago. Apple is doing great in China, and they're opening up a whole bunch of new stores there soon too. China was one of the reasons that Apple had a blockbuster quarter just recently.
It is a big lie. The numbers coming out of the government are deceptive and are not to be trusted since they do not tell the whole story. They are extremely misleading.
It is a big lie. The numbers coming out of the government are deceptive and are not to be trusted since they do not tell the whole story. They are extremely misleading.
So the numbers are deceptive in all instances with all administrations?
For Australian customers. The previous price of AppleTV was US$99 A$109. With the price cut and readjustment it is now US$69 A$109. What a saving. Unfortunately the Australian economy has priced me out of purchasing any new imported goods for the foreseeable future.
Comments
Stop being so partisan. It won't kill you to give a shred of credit where credit is due. Naysayers were predicting complete doom and gloom for the economy is Obama got a 2nd term, the opposite has happened. Debt is an issue, yes, but that doesn't mean you need to spit on the strength of the economy and record low unemployment as if that means nothing, and just switch the topic to debt because you can't stand to aknowledge something positive. It's this kind of intellectual dishonesty and "I need to win points with every statement/post" that makes the political system and discourse such shit. I'm not the biggest Obama fan, but I don't need to be in order to be honest, objective, and aknowledge something good.
The only thing dishonest and partisan would be believing that any of what you see should be taken at face value. Reading headlines does not equal being informed about how things transpired, or where certain money is and why.
Everything you see on TV is a sham for public consumption. Everything real is done behind the scenes, by people you've never even heard of, for reasons you couldn't even imagine. Start with the assumption that you know absolutely no truth about any of it, and you now know more than most people.
The only thing dishonest and partisan would be believing that any of what you see should be taken at face value. Reading headlines does not equal being informed about how things transpired, or where certain money is and why.
Everything you see on TV is a sham for public consumption. Everything real is done behind the scenes, by people you've never even heard of, for reasons you couldn't even imagine. Start with the assumption that you know absolutely no truth about any of it, and you now know more than most people.
So in other words, it is impossible to have a reasoned opinion on anything whatsoever to do with society and politics, so you might as well not bother to pay any attention to either as you are only contemplating a mirage while wearing a tin-foil hat.
I've been just as hard on George W. Bush, so that isn't the issue.
The economy has not recovered. It's flooded with money by the Fed and the lending rate is near zero. This indicates a still-shaky economy at best. At worst, a new bubble is growing and there will be another massive crash as a result.
Why do you think wages haven't changed and companies are hoarding cash and buying back their own stock? Because they don't trust the economy, nor do they trust Washington to do the right thing.
Personally, if I were to sell everything tomorrow I'd retire rich, however the prospect of another bubble bursting is real and I am concerned the next one will be much larger and will last longer unless it results in no bailouts and no intervention from Wasgington (something they are unwilling to do).
Going on employment, it has definitely recovered. Wages haven't changed because of simple supply and demand. Expect that to change as the labour supply tightens.
Apple just raising price for the sake of raising price. It's not bring the foreign income back to the US anyway. Just wait and see if the price will drop when the US exchange rate is going the other way.
...Going on employment, it has definitely recovered. Wages haven't changed because of simple supply and demand. Expect that to change as the labour supply tightens.
What statistics are you relying on in your assumptions with regard to employment?
Thanks Obama!
You mean in spite of Obama!!!
Yeah, get the shrub back. He knew how to balance a budget.
If the budget was balanced the debt wouldn't be continuing to go up! If anything it would be at the very least break even. If it started dropping now we would have something. yet it's shot up even higher and he has 2 years to go yet. In fact he's on video about how irresponsible this is, and yet he's worse then BUSH which he is a huge RINO and consider many republicans just a wing of the Democrat party. Here's Obama in Video in his own words!!! Yet Obama has added more Debt to this country this BUSH and every single other president combined.
This can't last. At some point it's come crashing down and we'll be a banana republic. You'll be able to wheel barrel your money into the store for a gallon of milk. If you don't think it'll happen, Look to Germany in recent history.
The USD isn't appreciating, everything else is depreciating. Still good for the U.S., but don't be giving credit where credit isn't due out of some sense of empty jingoism.
Maybe Hans in Denmark won't be able to buy a new Macbook just yet, and maybe Pierre in France might have to use their iPhone for another year before they upgrade. Such is life, and such is business.
Apple is doing pretty well in Asia, and this will more than offset for any weak and lackluster Europe with their tumbling economy. For every Hans and Pierre in Europe there's twenty Liang Changs in China that are lusting after Apple products and they can afford it too.
China is not doing awfully well at the moment. The population of the EU is about 507 Million. The poulation of China is about 1.37 Billion, so not even 3 times that of the EU. The average income in the Eu is about $28 k. In China it's $2 K so in actual fact, you have it around backwards, the EU as a market is larger than China.
If the budget was balanced the debt wouldn't be continuing to go up! If anything it would be at the very least break even. If it started dropping now we would have something. yet it's shot up even higher and he has 2 years to go yet. In fact he's on video about how irresponsible this is, and yet he's worse then BUSH which he is a huge RINO and consider many republicans just a wing of the Democrat party. Here's Obama in Video in his own words!!! Yet Obama has added more Debt to this country this BUSH and every single other president combined.
This can't last. At some point it's come crashing down and we'll be a banana republic. You'll be able to wheel barrel your money into the store for a gallon of milk. If you don't think it'll happen, Look to Germany in recent history.
Forget about Germany. Look at Greece. Their public debt caused by massive entitlement programs and a majority of workers actually working for their government instead of for the private sector threw them into crisis. I wonder at what point the massive US debt and looming unfunded entitlements might possibly upend this country?
The USD isn't appreciating, everything else is depreciating. Still good for the U.S., but don't be giving credit where credit isn't due out of some sense of empty jingoism.
Wrong on both sentences.
What statistics are you relying on in your assumptions with regard to employment?
http://www.bls.gov/news.release/empsit.nr0.htm
http://www.bls.gov/news.release/empsit.nr0.htm
Interesting that Google's access to the same information yields a much higher result:
And the head of the Gallup organization calls the 5.6% unemployment rate a "big lie": http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx
Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed. That's right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
There's another reason why the official rate is misleading. Say you're an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.
Yet another figure of importance that doesn't get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find -- in other words, you are severely underemployed -- the government doesn't count you in the 5.6%. Few Americans know this... (continued at link, above)
China is not doing awfully well at the moment. The population of the EU is about 507 Million. The poulation of China is about 1.37 Billion, so not even 3 times that of the EU. The average income in the Eu is about $28 k. In China it's $2 K so in actual fact, you have it around backwards, the EU as a market is larger than China.
Apple's profits in China are up 70% compared to 1 year ago. Apple is doing great in China, and they're opening up a whole bunch of new stores there soon too. China was one of the reasons that Apple had a blockbuster quarter just recently.
And the head of the Gallup organization calls the 5.6% unemployment rate a "big lie": http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.asp
It is a big lie. The numbers coming out of the government are deceptive and are not to be trusted since they do not tell the whole story. They are extremely misleading.
Interesting that Google's access to the same information yields a much higher result:
And the head of the Gallup organization calls the 5.6% unemployment rate a "big lie": http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx
What year are you currently living in?
It is a big lie. The numbers coming out of the government are deceptive and are not to be trusted since they do not tell the whole story. They are extremely misleading.
So the numbers are deceptive in all instances with all administrations?
So the numbers are deceptive in all instances with all administrations?
Stay focused on the current administration. Everyone knows the last one was a disaster in all respects.
Stay focused on the current administration. Everyone knows the last one was a disaster in all respects.
Why? Have the rules changed for the collecting of and interpretation of data?
Why? Have the rules changed for the collecting of and interpretation of data?
I'm asking the questions.