Inflation rate is worst in 17 years

[MantaBase]

Originally Posted by Capper

well, this discussion went downhill fast.

lol

you had higher expectations?

I'm off to play half life with the naked mod :)

[Panda Man]

Originally Posted by MantaBase

Really?

I smell crack. On the one hand I hear conservatives say that the administration has no real influence over the economy - so you can't blame them. Then I hear that if a Dem gets elected it means doom and gloom. Then I hear it's Clinton's (the guy one) policies that brought us to this. It's been 8 fricking years since then.

What gives? Either the president can effect and affect the economy or the president can't. If it's the former, what is Junior's excuse? If it's the later, what difference does the party in office make?

As for me, I was awake and around during Ronnie Ray-Gun, and frankly, he did jack shit. Catchup as a vegetable anyone? Yeah - I suffered through that as did the rest of my friends.

You can BS most of the folks around here - but not me meester.

>.> Angry much? :P

Originally Posted by Capper

well, this discussion went downhill fast.

It was paul. I promise.

[Reloadron]

Originally Posted by Capper

well, this discussion went downhill fast.

Look, all I know is I was off work today. We went shopping and made a nice dinner. Following dinner I fell asleep on the couch. I awake 5 hours later, the dogs have abandoned me, the wife went up to bed, Sex and the City episodes are running on the TV and this thread has grown by three pages. What the hell happened?

Ron

[fstroupe]

Originally Posted by Tech Geek Deluxe

fstroupe ... I am a repub and don't like almost all Dems except the one who was at the Last Repub convention.

I feel that the Repub establishes what turns things aright again and the Dems mess it up visa vi Clinton burying the greatness of Regans lead.

Actually, it started with George GW Bush...who violated his core principles in the name of bipartisanship...and his word. (READ MY LIPS......)

I really like the sound of what you said, and would love for it to be true, but historically, it isn't.

Herbert Hoover did nothing...literally (laissez-faire). His policies (or lack thereof) probably would have made the depression shorter, but Americans needed some reassuring, and he just wasn't the guy to give it. (FDR really didn't believe in Kenesian economic theories, but was convinced that they would help get the country back on its feet. He also warned that his social programs must be ended, and pretty much described America of the 1970s in his last State of the Union Address)

Eisenhower, though not a bad president, did continue the New Deal programs, and actually expanded them, calling it "Dynamic Conservatism"...which is so, so far from conservatism.

Though Nixon probably did more than any one man to damage the respect for the office of the presidency, he actually did cut some taxes for a short-term economic stimulus in Aug 71...but he also did some freaky wage-prices and rent freezes.

I smell crack. On the one hand I hear conservatives say that the administration has no real influence over the economy...

Yes and no. There are things that can and do happen in the economy regardless of what the president does. But yes, the president has very much influence over the economy, by what he suggests to congress, and their bills that he signs. (keep in mind that the president can do extremely little in the way of economic policy without congress first sending him a bill to sign) And once again, when taxes are raised, the economy goes south. History doesn't lie.

As for me, I was awake and around during Ronnie Ray-Gun

Whatever, dude. You are a scientist. Facts and figures don't lie. The proof is available from the CBO. You won't get them from CBS, NBC, ABC, CNN, etc.

Why don't you tell me why raising the minimum wage is a bad idea. Really, that's an easy one - the rhetoric is already in place. Are your prepared to have it shattered?

OK...Joe Blow, a McDonald's crew member, who makes min wage gets gets a $1 raise from the US Congress, along with all of his fellow hamburger flippers.

Joe's cousin, Jim, who works for the company that makes hamburger buns for McDonald's, also gets the same raise.

And their cousin, Sam, works for a meat packing company, that makes burger patties.

And so on.....keep in mind that not only minimum wage people will get a raise, others whose wage is based on min wage will get a raise (many making three and four times minimum wage), and also anyone that makes less than $1 over min wage will too. (and now those people are pissed, because they were making over min wage, and now they are just making min wage)

So, Joe's, Jim's, and Sam's bosses, who all suddenly had their labor costs go up 20% or so, raise prices, to make up the difference. Of course, they raise their prices enough to make up for all of the other cost increases that they will be experiencing due to everyone else raising their prices.

Now, think of this on a macro scale. By the time its all over, everyone has raised their prices.

And the $40 raise that Joe experienced by the min wage increase probably ends up being a net loss. And those of us that got no raise, suffer the same loss, with a net decrease in pay.

Why is that so hard to understand?

[MantaBase]

Originally Posted by Panda Man

>.> Angry much? :P

No, Why do you ask? Oh - I get it.....

No...I'm not angry. Although, I do wonder what you really have to offer to the conversation. Especially at your level of EP points.

Angry much? Good question.

Manta

EDIT - honestly - where is the anger?

[Tech Geek Deluxe]

Originally Posted by Capper

well, this discussion went downhill fast.

Wow ... it sure did.

Too bad too ... though I am a solid conservative ... I do appreciate many of the views of people here who think things through and don't lower themselves to pettiness. I'm hoping I haven't favorably judged too soon.

People must realize that the halls of power are always fret with subterfuge, deceit and compromise. I just hope whoever takes the Presidential helm is above excellence or at the very least excellent at wise compromises.

I don't see Character anywhere close to that in the Democrats running.

[fstroupe]

As for me, I was awake and around during Ronnie Ray-Gun, and frankly, he did jack shit. Catchup as a vegetable anyone? Yeah - I suffered through that as did the rest of my friends.

Anger. This is the nastiest statement in the entire thread, IMO.

Are your prepared to have it shattered?

Anger. How can you shatter the truth?

One day - when I have long since passed - you will all realize that your endearment to a particular party was your doom.

Anger. Actually, I could say the same thing. But I'm not angry. Puzzled, but not angry.

[Panda Man]

Originally Posted by MantaBase

No...I'm not angry. Although, I do wonder what you really have to offer to the conversation. Especially at your level of EP points.

You just kind of seemed pissed at politicians altogether, not that I would blame you, but yeah :P I contributed a couple of posts ago. I love how everyone here is trying to debunk me because of my age, yet I'm probably the only one here that's given financial advice to companies. I told you guys about my experiences in economics not to claim that I was an expert, but just so that you guys knew I wasn't pulling stuff out of my ass, you're then ones assuming that I was and trying to discredit me. It's kind of flattering actually :P

[Tech Geek Deluxe]

Heya Panda ... I have also given financial advise, and re-ordered numbers of Multi-million dollar companies. Terminate at least 1 CEO ... and been responsible as the central hub or catalyst for moving likely over 750 Million Dollars in stock transactions, directly circumvented at least 1 hostile takeover of one multi-million dollar Mining Company. And traded over 15 Million dollars in personal Stock transactions myself. And done numbers of significant multi-million dollar restructurings and contract negotiations.

At the height of it all I was at best a super tiny newby fish amongst some very ugly market realities.

Those experiences and 30 years of research into Politics and machiavellian and Hegellian dialectics in social control has helped me read between the lines on possible and predictable agendas and motivations behind the scenes of current events and agendas.

Not tooting my horn as to expertise ... but wanted to counter your suggestion that many here don't have experience or training along the lines that would as fully support their ideas and theories as you might have.

[Panda Man]

Originally Posted by Tech Geek Deluxe

Heya Panda ... I have also given financial advise, and re-ordered numbers of Multi-million dollar companies. Terminate at least 1 CEO ... and been responsible as the central hub or catalyst for moving likely over 750 Million Dollars in stock transactions, directly circumvented at least 1 hostile takeover of one multi-million dollar Mining Company. And traded over 15 Million dollars in personal Stock transactions myself. And done numbers of significant multi-million dollar restructurings and contract negotiations.

At the height of it all I was at best a super tiny newby fish amongst some very ugly market realities.

Those experiences and 30 years of research into Politics and machiavellian and Hegellian dialectics in social control has helped me read between the lines on possible and predictable agendas and motivations behind the scenes of current events and agendas.

Not tooting my horn as to expertise ... but wanted to counter your suggestion that many here don't have experience or training along the lines that would as fully support their ideas and theories as you might have.

Consider it countered :O But the reason I even brought it up is that certain people fail to even acknowledge that others have opinions, and if your's aren't in complete agreement with theirs, it's wrong.