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The Water Cooler
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The U.S. Govenment is Conducting a Ponzi Scheme
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<blockquote data-quote="Ace_on_the_Turn" data-source="post: 2670752" data-attributes="member: 27417"><p>It's amusing, you're so busy trying to insult me, you rush over, well, just about everything and focus in on the very little that fits your narrative. </p><p></p><p>Let's go over the list, and I'll even help you out. </p><p>Job Growth, when Obama entered office, was in the toilet. Now steady growth. <span style="color: #00FF00">Good</span></p><p>Unemployment, down. <span style="color: #00FF00">Good</span></p><p>Economic growth, when Obama entered office, was in the toilet. Now steady growth. <span style="color: #00FF00">Good</span></p><p>Corporate profits, way up. <span style="color: #00FF00">Good</span></p><p>Wages, flat. <span style="color: #FF0000">Bad</span></p><p>Stocks, doubled. <span style="color: #00FF00">Good</span></p><p>Food stamps, up. <span style="color: #FF0000">Bad</span></p><p>Poverty, flat. <span style="color: #FFFF00">Neutral</span></p><p>Manufacturing, up. <span style="color: #00FF00">Good</span></p><p>Interest rates, about where they were when Obama took office. <span style="color: #FFFF00">Neutral</span>. </p><p>Home prices, up and rising. <span style="color: #00FF00">Good</span></p><p>Foreclosures, way down. <span style="color: #00FF00">Good</span></p><p>Consumer spending, when Obama entered office, was in the toilet. Now steady growth. <span style="color: #00FF00">Good</span></p><p>Inflation. 1.5%. <span style="color: #00FF00">Good</span></p><p>Gas prices, up. Of course they are now to near where they were. <span style="color: #00FF00">Good</span></p><p>Federal spending, same as when he entered office. <span style="color: #FFFF00">Neutral</span></p><p>Government debt, up. <span style="color: #FF0000">Bad</span></p><p></p><p> </p><p></p><p><img src="https://www.okshooters.com/data/MetaMirrorCache/www.cbo.gov_sites_default_files_cbofiles_images_pubs_images_45fb4bd4faed5666cfce17f78af76bd089.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p><a href="http://www.getbusymedia.com/vital-small-business-statistics-trends-and-facts-for-2014/" target="_blank">It appears that the growth of small businesses will continue to progress in 2014 as small businesses have generated more than 65% of the new jobs created in the U.S. since 1996. This growth is occurring at an impressive rate as more than 540,000 new businesses are being started each month. This trend favors small business growth as more employee businesses shut down than start up each month. On the other hand, nonemployer businesses have seen steady growth in recent years as 2011 saw the number of nonemployer businesses grow by 2%.</a></p><p></p><p>Infrastructure. Needs to be addressed, you are correct on that point. </p><p></p><p>Energy. To generalized to address. </p><p></p><p>I do want to highlight this quote, "all I'm seeing is patchwork policies coupled with cherry picked stats riding a momentum that can only go one way." </p><p><a href="http://www.bloomberg.com/news/2014-11-02/aussie-sinks-on-china-gold-holds-drop-with-yen-after-boj.html" target="_blank">The dollar has rallied and equities reached record levels last week as data reinforced the health of the U.S. economy in comparison to other nations...American manufacturing grew at a faster pace than estimated last month, while factory gauges for China and the euro zone retreated...“All arguments are in favor of the dollar,” said Lutz Karpowitz, a senior currency strategist at Commerzbank AG in Frankfurt. “It’s very clear that the Fed is the central bank that is relatively hawkish. We are seeing underlying dollar strength, and it’s justified.” </a></p><p></p><p>You see it wrong. It's that simple.</p></blockquote><p></p>
[QUOTE="Ace_on_the_Turn, post: 2670752, member: 27417"] It's amusing, you're so busy trying to insult me, you rush over, well, just about everything and focus in on the very little that fits your narrative. Let's go over the list, and I'll even help you out. Job Growth, when Obama entered office, was in the toilet. Now steady growth. [COLOR="#00FF00"]Good[/COLOR] Unemployment, down. [COLOR="#00FF00"]Good[/COLOR] Economic growth, when Obama entered office, was in the toilet. Now steady growth. [COLOR="#00FF00"]Good[/COLOR] Corporate profits, way up. [COLOR="#00FF00"]Good[/COLOR] Wages, flat. [COLOR="#FF0000"]Bad[/COLOR] Stocks, doubled. [COLOR="#00FF00"]Good[/COLOR] Food stamps, up. [COLOR="#FF0000"]Bad[/COLOR] Poverty, flat. [COLOR="#FFFF00"]Neutral[/COLOR] Manufacturing, up. [COLOR="#00FF00"]Good[/COLOR] Interest rates, about where they were when Obama took office. [COLOR="#FFFF00"]Neutral[/COLOR]. Home prices, up and rising. [COLOR="#00FF00"]Good[/COLOR] Foreclosures, way down. [COLOR="#00FF00"]Good[/COLOR] Consumer spending, when Obama entered office, was in the toilet. Now steady growth. [COLOR="#00FF00"]Good[/COLOR] Inflation. 1.5%. [COLOR="#00FF00"]Good[/COLOR] Gas prices, up. Of course they are now to near where they were. [COLOR="#00FF00"]Good[/COLOR] Federal spending, same as when he entered office. [COLOR="#FFFF00"]Neutral[/COLOR] Government debt, up. [COLOR="#FF0000"]Bad[/COLOR] [IMG]https://www.okshooters.com/data/MetaMirrorCache/www.cbo.gov_sites_default_files_cbofiles_images_pubs_images_45fb4bd4faed5666cfce17f78af76bd089.png[/IMG] [URL="http://www.getbusymedia.com/vital-small-business-statistics-trends-and-facts-for-2014/"]It appears that the growth of small businesses will continue to progress in 2014 as small businesses have generated more than 65% of the new jobs created in the U.S. since 1996. This growth is occurring at an impressive rate as more than 540,000 new businesses are being started each month. This trend favors small business growth as more employee businesses shut down than start up each month. On the other hand, nonemployer businesses have seen steady growth in recent years as 2011 saw the number of nonemployer businesses grow by 2%.[/URL] Infrastructure. Needs to be addressed, you are correct on that point. Energy. To generalized to address. I do want to highlight this quote, "all I'm seeing is patchwork policies coupled with cherry picked stats riding a momentum that can only go one way." [URL="http://www.bloomberg.com/news/2014-11-02/aussie-sinks-on-china-gold-holds-drop-with-yen-after-boj.html"]The dollar has rallied and equities reached record levels last week as data reinforced the health of the U.S. economy in comparison to other nations...American manufacturing grew at a faster pace than estimated last month, while factory gauges for China and the euro zone retreated...“All arguments are in favor of the dollar,” said Lutz Karpowitz, a senior currency strategist at Commerzbank AG in Frankfurt. “It’s very clear that the Fed is the central bank that is relatively hawkish. We are seeing underlying dollar strength, and it’s justified.” [/URL] You see it wrong. It's that simple. [/QUOTE]
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