Last edited:
Is the economy turning?
- Thread starter sledskiing
- Start date
Google? I didn't think there was much if any information in that post? There are other information sources besides google.... Like people that talk about their experiences...
Oh that is right, if you haven't experienced it personally, you can't talk about it...
Last edited:
No, I keep it up because you are too entertaining not too...
So far I have gathered that all your experiences have given you very limited knowledge. It has only shown you that I am dumb. That is it. Quite sad really.... One day you might be able to join a discussion with some adults.. Till then, why don't you go back to calling things gay.
I still have yet to here you say anything pertaining to this topic? You got anything else to say?
Last edited:
Like my buddy Ron White says .............."You can't fix stupid"....
Nope, but you can send them "North of 60"
No, I keep it up because you are too entertaining not too...
So far I have gathered that all your experiences have given you very limited knowledge. It has only shown you that I am dumb. That is it. Quite sad really.... One day you might be able to join a discussion with some adults.. Till then, why don't you go back to calling things gay.
I still have yet to here you say anything pertaining to this topic? You got anything else to say?
Well there you have it...
You've stumped me... Next time I'll be more careful when pointing out the obvious..
BTW... is it "here" or "hear"???
For the rest of the grown-ups reading this, know this: This is the perfect example of what happens when you don't keep score in T-Ball and everyone is a "winner". Think about it.
Ha ha. Grammar police back in action. You crack me up. I never would of thought grammar was so important to you. Keep on keepin on.
Black pot, this is kettle, you calling me black? lol Might want to go through all you posts to check for spelling mistakes before you criticize others for sloppy spelling.
Last edited:
In your case is defines your lack of understanding of complex issues. No need to worry, you were taught this. We all understand.
ha ha ha ha.... Keep them coming. You are way too much!! Well, actually, you are not enough, but whatever.
I thought we were talking about what high interest rates do to the economy? How did you get onto a tangent about Obama and oil prices?
Low interest rates tend to decrease the value of the dollar. High interest rates tend to increase the value of the dollar. This is with all else being equal. Now if you start talking about oil prices, well that will have a large impact on prices and the economy, but that is outside the realm of the discussion of interest rates and the economy. Though granted, you probably can't make the simplification, because the world is never that simple, and there is never a point in time were "all things being equal" is applicable.
O
Ollie
ACCOUNT CLOSED
How?
This is the major problem with liberal arguements and points of view.
You can't pick just one part and talk about it. You will NEVER have a solution if you only pick one or two parts of a discussion.
It's ALL tied together. Oil prices, interest rates, inflation, unemployment, the lot. It's all one topic.
Oh, and high interest rates DECREESE the buying power of a dollar as it takes more dollars to buy things because of the increased interest rates. That is to say if you are paying more in interest than principle your dollars are actually buying less, not more.
inversly, if you have really low interest rates your dollar can buy more because you arn't paying as much in interest rates.
When a company has to pay higher interest rates on construction loans, you pay more for the basic product they build or sale. Take houses. You can get a LOT more house with interest rates at 5% than you can with interest rates at 15%.
Alot of good input here.. Personally, and I myself hate to be a doombeinger, I don't think things will get any better for the next 5 years or so. I'm from the middle of nowhere and have lived in various towns due to my occupation in construction taking me wherever the work is, but every job our company got in the last 3 years was lost due to the clients we were working for being unable to pay for us to complete their projects. Our most recent contract loss was for Marathon Oil and Gas in Parachute Colorado. Were talking a billion dollar company having to terminate our contract to build rig pads because the bank went dry.. Sad thing is, obamas policies have all oil and gas production shut down in the western region (don't know whats going on back east) and OVER half the economy in wyoming was built around the oil and gas industry. The unemployment rate around here is already through the roof and climbing rapidly. Just recently GM had proosed to shut down some 1600 dealerships and the 2 in ourtown were the last fronteir for people looking for poorly paid work, now their BOTH shutting down. If things are supposedly getting better, where's my 10 years of experience in construction and oilfield work going to take me?? Everyone in my family has either been a heavy equipmet operator or a roughneck since the first boom in the 50's.. now all the companies are either brke or bankrupt, is there any hope? Some of you say things will get better, others say its just going to get worse.. I'd have to put my worthless dollar on the down side of things for at least the next five years. Crime is already taking a heavy toll in our neck of the woods for people are beginning to rob eachother just to survive.. what happens when our country owes the rest of the world?? we all kill eachother? I hope for the best, but i'm not taking the shells out of my magazine just yet.
No, that is how you talk about something and analyze causality and correlations. To understand something, you need to take a look at it from the perspective of changing only one thing, with all other things being equal. Yes, the world is more complicated then that, and yes many things are happening at the same time, but if you don't have the ability to analyze the system from a perturbation of one or two variables, the system becomes to complex and too inapplicable when trying to use the information gained on a present system.
You call it a liberal argument.. I call it discussing the topic at hand.
I don't think that is the correct means of measure inflation and deflation. I believe that normally it is used to compare the cost of goods and services. You make money available to lots of people (low interest rates) every one has it, supply is up. High supply, lower demand (everyone has it), means higher prices (or value). You remove the supply, increase the demand for dollars, and you will have lower prices.
I think they use the cost of milk / butter / eggs / butter or other essentials to measure the value of a dollar.
O
Ollie
ACCOUNT CLOSED
However, all things ARN'T equal.
You can't change one part without changing all the parts.
You are taking the same angle as the standard liberal.
You can't say "we need to do somehting about unemployment" without takling illigal immigration, inflation, debt (national), oil (prices), the works. We have a couple hundred years of history, USE IT.
Reagon proved that by LOWERING taxes, you free up cappital, stimulate the economy, increase jobs, the works. He tackled the entire problem, not just playing with one part.
Carter raised taxes, went with larger governemment and seriously crashed the economy.
Obama has taken the same track as Carter yet refuses to look at history to see what he is doing will have disasterous affects in the next few years. We have been here before, he is taking us there again.
All you have to do is look at the two different tracks and you will see how you can tackle the WHOLE problem in a positive way versus making it worse. You have said I am a doom and gloom person, no I'm not. I remember history and use it to predict what will happen in the future, I am pretty good at it because liberals KEEP DOING THE SAME STUPID STUFF. Dems/Liberals DON"T LEARN.
So you make the argument that you can't look at something from only one part, then you give an example of Reagon vs Carter using only taxes...
Anyone else see that?
Yes you should only look at one thing to find out the effect that one variable has. Yes you should attack an economics issue from many many variables or all tools that are available. Unemployment is not a variable, well it is not adjustable, there is no direct control over it, only in-direct in the non-government / private sector. Government doesn't turn a dial and increase private sector employment directly. Note that I am not talking about fed or state funded infrastructure projects or anything else government backed or funded. I am talking about the private sector only.
The fed has control over interest rates. It has many impacts on the society, but we were talking only about the effects of interest rates and inflation. You can easily talk about them on an individual and causality basis.
How did we get here from the definition of inflation and interest rates? I like moving targets, but they get tiring..
