United States Heading towards a Depression?

The Democrats are already responsible for ending the Great pub Recession, no thanks to a single Republican.

You may get your wish for a Liberal success in Nov., retaining both chambers of Congress and for the appropriate reasons than yours and or the radical reactionary hyperbola.

 

You've no idea kiddo... None what so ever. It's only just begun.

Shame on CNN for posting headlines today claiming the recession is over. As a business owner I can say with a great degree of certainty things started getting bad 1st quarter of 2010. They've only gotten worse. There's been no expansion, no growth, and no jobs. There's a reason for that.

I don't know why it is you liberals think if you wish something away it will happen. The reality is there's been no positive growth in the economy for some time now, and certainly none that anyone could credit the federal government or the Obama admin for.

 

Breeze, I came across this quote and I thought of you:

"No man's knowledge here can go beyond his experience"
- John Locke

You think that, if you craft the right words, you can FORCE your OPINION upon us. The truth is that because you are so young, you don't have the experience we have and you don't understand how wrong, wrong, wrong you really are. Just like Mia wrote, you can't just wish something away. Unemployment has been hovering at just below 10% during all of Obama's presidency. And you think that if you can point the blame at someone other than Obama, that makes it O.K.?

Breeze, are you cold-hearted? Does 10% unemployment not move you? Do you think that you can wish someone to have a job? Or do you think that if you pretend it's not there, it will disappear? For God's sake man, there are people in real PAIN and they want SOLUTIONS, not EXCUSES!

Breeze, are you really as cold-hearted as all that?

 

The real problem here is real unemployment is likely twice that number. Not only that foreclosures are even higher now than they were at their peak. So high in fact we lost yet another bank here in WI as a result. Seems nearly 99% of the loans they wrote were in default.

Things are really, really bad and getting worse. Is it doom and gloom? No, but its something that needs attention. Its something that needs more than someone throwing money at the problem, or just flat out ignoring it.

There is no end in terms of recession. There are no jobs being created. And there is no real end in sight in terms of how bad or how long this will last.

 

You two are a joke.

Where is your leader George Bush? No where to be found is the legacy befit for both him and his supporters who irresponsibly drove this nation into the deepest recession since the Great Depression.

Your complaints are your own responsibility - the Liberals have brought an end to the present recession and will continue to manage the economy appropriately to the previous satisfactory state left by them at the conclusion of the Clinton Administration of balanced budgets and paying down the national debt. The wealth of this nation is meant as an opertunity for everyone.

 

More complete disengagement from reality.

 

You're a joke if you think Clinton was a good president.

 

George Bush is not President. Get over it. George Bush is not President. Barack Obama is president and he hasn't made a dent in the economy. You can't claim an end to the recession when unemployment has been holding steady at 9.5%, can you?

Benjamin Franklin said that insanity is doing the same thing over and over again and expecting a different response. Breeze, you have been doing the same thing over and over again. The responses have been the same. No one respects you. You have convinced no one and so you have become the sad punch line of the Politics and Religion forum here on DP. You keep demanding that you are right when experienced business people have politely told you that you are wrong. Even the liberals on this board won't stand up for you!

We've been much more polite to you, than you have been to us. That much is true, and you have to admit that. But the fact remains that unemployment has not changed over the past two years. You lambaste conservatives, but the Conservatives you claim to hate, feel sorry for the unemployed. You, on the other hand feel indifferent, right?

Aren't Liberals supposed to be compassionate? Don't you feel ANYTHING for the people that are unemployed? Do you think the unemployed are jokes?

The people here have treated you with more respect than you have treated us. We have responded politely to your posts, with facts and analysis. On the other hand, you have a long habit of ignoring anything you can't deal with.

How old ARE you? 12? Younger? Can't you see how much you are embarrassing yourself? We are adults, and we are treating you politely. But you respond with insults and intolerance.

You have a chance here to learn, you have a chance to grow. We have responded to you with respect and you have become more and more immature. You constantly embarrass yourself here and sometimes I feel so bad for you that I just don't read your posts. But you need to realize that writing the same drivel over and over again is simply ridiculous and will never get you any respect.

Grow up, go to school, and let the adults teach you about the world.

 

I assume he's home schooled, allowing him to post arrogant tripe all day long.

 

Watching MSNBC this morning, I learned about the many new benefits of Obama Care that will be kicking in shortly here! How exciting! I also learned the soup of the day at the White House is Butternut Squash. Knowing what the Royals are having served to them always sends a thrill up my leg.

 

You know what really concerns me about you? The fact that you find reality so humorous.

Bush is no longer president. In fact, he's not been president for 2 years. The country has been in a deep recession for TWO YEARS. Who's been president during those two years? Who's been in charge of the government for the last 4?

An end to the recession? What makes you think its over? Because a private liberal group says so? Things are really bleak for the majority of the country. How on earth can you possibly say otherwise? Stop drinking koolaid and start thinking for yourself.

The balanced budget? That was a Republican Congress. You're too young to remember, so I won't fault you for that.

 

The recession is over, stop whining.

Congress - Senate - Executive, are presently controlled by the Liberal / Democratic party that has put an end to the deepest recession since the Great Depression, caused by those of the previous Administration and their policies that were replaced by the voters in the previous two elections - for that reason.....after Clinton the Republicans were in charge, culminating in massive deficits and cessation of lowering the national debt.

What is truly amiss and why the Tea Party will fail is their attacks against the providers of solutions the Liberals than the true culprits of our national calamity the remaining incumbent Republican politicians who are weaseling their way to reelection.

 

Oh Snap! He knocked out the recession before even a dollar of his "Stimulus" bill got spent! The recession must have known there was a new Sheriff in town, and beat feet before things got ugly! Thank god things are so good now. I guess we should spend the rest of the stimulus money just because. High times man, high times.

 

Ok, so a private liberal organization "says so"... Yeah. Did you read what I wrote?

Just because you say so, does not make it so.

It really perplexes me why you avoid reality. Many bi-polar people tend to share this trait.

Riddle me this. If the NBER is so nonpartisan, why then are less than 10% of their members Republican? The reality is the of economists that make up the NBER over half call themselves Democrat, less than 10% Republican, and the rest "undeclared".

Source (Econmist.com Poll) http://www.economist.com/node/12342127?story_id=12342127

 

You really have to love the Democrats. No one else would have the nerve to follow a strategy like "If we claim that the recession is over, we can get re-elected." Reality seems so irrelevant to these people. I guess that the economy isn't much of a concern to people with government jobs.

 

What intrigues me the most here is not only that they claim the recession is over but that they claim its been over since June of last year. Using that logic, why then was there a stimulus then and more now?

I love how Obama stifles conjecture by saying that the "Recovery is Slow" when taken to task on this false claim that the recession ended 15 months ago.

Just cause you say it, does not mean its so... It is an interesting strategy. Its not working though. Especially when some of the most liberal people I know are in disbelief that the "recession is over".

 

Anyone see the story at bloomberg ? The USA lost to Brazil, China and another country for good places to invest.

 

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Get real Spencer, the Liberals have claimed nothing, the outcome of their policies are a statistical proof simply compiled by the NBER that is irrefutable.

Which is worse for the Republicans? - Denying their policies caused the recession or claiming the Democrats claimed what the independent auditors issued as fact, the end to the Great pub Recession of 07.

The choice really is whether Republicans should be put back in office to start a new recession leading to the Depression this country should be grateful for having been averted or retain the problem solvers as is. The improving economy since June 09 is the clear answer for anyone of the simplest intelligence to understand.......eliminating the Republican inspired Tea Party members altogether including Spencer et al.

 

Really? The NBER is a liberal organization. Seems to me Liberals have made this claim and the hope is (as Will previously stated) that the masses will buy the claims by the droves thus ushering in a uniform flow of votes for those candidates currently in danger of unemployment.

Sorry kiddo. A great many of us were doing rather well in 07 thank you. In fact I don't know a single person that was out of work back then. We are talking about the here and now and the last couple of years where unemployment hit double digits and spending went out of control.

You should be asking yourself not what is worse for Republicans, but rather what's worse for Americans. Once you answer that question you'll be well on your way to understanding what's really going on in the world around you.

You really believe the economy has improved since June of last year? I do not recall you making a claim like that till you read that biased drivel from the NBER. I've seen some people drink a little Koolaid, you my friend appear to be downing it by the pitcher.

 

Substantively, the answer is yes there has been improvement with much more to come, but what will never be fully realized is how closely this country teetered on falling into a Depression......how much worse things would be now if McCain had been elected is for the liberals simply to shudder about as thankfully its reality was averted as well.

Again Mia if you are able to comprehend what you read: NBER is a nonprofit group entrusted by the government with determining when recessions begin and end.

The group responsible to the public in correctly determining the status of the economy.