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optimator Donating Member (606 posts) Send PM | Profile | Ignore Thu Oct-29-09 12:08 PM
Response to Original message
74. woohoo ! resume our culture of greed and consumption!
the recession is over, isnt capitalism great ! (sarcasm)
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  -Recession ends in US as GDP grows 3.5% in 3rd quarter tritsofme  Oct-29-09 07:32 AM   #0 
  - Yeah ...... then and now ......  Stinky The Clown   Oct-29-09 07:41 AM   #1 
  - Neither of which determine a recession's beginning or end  dmallind   Oct-29-09 07:47 AM   #2 
  - No it should not.  DireStrike   Oct-29-09 08:48 AM   #16 
     - But what you want is not relevant to the end of a recession  dmallind   Oct-29-09 09:10 AM   #23 
        - "You want good things, but that's irrelevant."  Stinky The Clown   Oct-29-09 10:57 AM   #34 
        - +1  neverforget   Oct-29-09 11:04 AM   #40 
        - Why is it NOT irrelevant to when a recession ends?  dmallind   Oct-29-09 12:03 PM   #70 
           - I'm taking issue with your monumentally insensitive statement.  Stinky The Clown   Oct-29-09 12:22 PM   #80 
        - That definition of a recession is what's irrelevant  DireStrike   Oct-29-09 12:24 PM   #84 
  - The GDP is the measure of a recession, without positive GDP there will be no new jobs  vadawg   Oct-29-09 07:50 AM   #3 
     - Very true. But we still need real jobs  TornadoTN   Oct-29-09 07:58 AM   #7 
     - You forget the "jobless recovery" one where GDP goes up without  Raineyb   Oct-29-09 11:12 AM   #44 
        - "GDP only really measures consumption"  A HERETIC I AM   Oct-29-09 12:19 PM   #78 
           - GDP=Consumption, Investment, Government purchases and net exports  Raineyb   Oct-29-09 01:39 PM   #99 
              - I suppose we could debate definitions all day.....  A HERETIC I AM   Oct-29-09 03:15 PM   #107 
                 - I see no reason to debate definition. I got mine from an economics  Raineyb   Oct-29-09 07:12 PM   #111 
  - How much longer before new jobs follow?  rucky   Oct-29-09 07:53 AM   #4 
  - Jobs will lag probably until the Spring/Summer of '10.  tekisui   Oct-29-09 08:43 AM   #12 
  - Historically unemployment peaks 6-9 months after GDP turns positive.  Statistical   Oct-29-09 10:31 AM   #26 
     - And an assumption of continued GDP growth.  rucky   Oct-29-09 11:24 AM   #48 
        - Agreed.  Statistical   Oct-29-09 11:41 AM   #57 
  - For me recession only ends when my IT salary goes back to the real value it had  conspirator   Oct-29-09 07:56 AM   #5 
  - The Recession will not end until real jobs are created  TornadoTN   Oct-29-09 07:56 AM   #6 
  - Obama has turned the boat 90 degrees yet many DUers complain that it wasn't turned 180 degrees...  Dawgs   Oct-29-09 08:05 AM   #8 
  - I give Obama credit and leeway on this one.  tekisui   Oct-29-09 08:44 AM   #13 
  - yes. but then i have never pinned this on obama and thought he could snap fingers and fix  seabeyond   Oct-29-09 08:46 AM   #14 
  - The Reagan "era" set the stage for all the bullshit we have endured  SoCalDem   Oct-29-09 08:59 AM   #19 
     - agreed. regan started the destruction, socially, economically, culturely and corporate.  seabeyond   Oct-29-09 09:03 AM   #21 
  - The report is full of bullshit  AllentownJake   Oct-29-09 08:50 AM   #18 
  - per bbc... umemployment needs to lower, consumer confidence grow... not happening ergo  seabeyond   Oct-29-09 08:11 AM   #9 
  - A Recession is a technical definition.  Statistical   Oct-29-09 10:34 AM   #27 
     - +1  gmoney   Oct-29-09 12:41 PM   #93 
  - Read the (not so) fine print  DFW   Oct-29-09 08:15 AM   #10 
  - Jobs, wages, personal income, and net wealth all tend to lag a recession.  Statistical   Oct-29-09 10:52 AM   #31 
  - Make sure to keep those cameras pointed away from the empty neighborhoods...  Orsino   Oct-29-09 08:17 AM   #11 
  - Freepers scratching their heads  Kingofalldems   Oct-29-09 08:46 AM   #15 
  - I'm scratching my head  AllentownJake   Oct-29-09 09:05 AM   #22 
  - This is report is full of bullshit  AllentownJake   Oct-29-09 08:48 AM   #17 
  - It's expected for personal incomes to not rise  StrongBad   Oct-29-09 01:54 PM   #102 
     - Growth is entirely being moved by government spending  AllentownJake   Oct-29-09 03:21 PM   #109 
  - It's a start but we'll have to see what the fourth quarter brings, and remember  WI_DEM   Oct-29-09 09:00 AM   #20 
  - Recommend  TexasObserver   Oct-29-09 09:39 AM   #24 
  - Read the report Texas  AllentownJake   Oct-29-09 10:16 AM   #25 
  - The report doesn't show anything unusual.  Statistical   Oct-29-09 10:39 AM   #28 
  - Well I'll go line by line the areas that caught my attention  AllentownJake   Oct-29-09 10:56 AM   #33 
  - 1.6% inflation is GREAT.  Statistical   Oct-29-09 11:02 AM   #39 
     - Inflation is going to start to increase  AllentownJake   Oct-29-09 11:09 AM   #42 
        - This is one of the few concerns we share.  Statistical   Oct-29-09 11:36 AM   #54 
           - It be one thing if they just did this in US banks  AllentownJake   Oct-29-09 11:39 AM   #56 
              - Well Fed can make it very very very expensive for foreign banks to hold that liquidity.  Statistical   Oct-29-09 11:45 AM   #59 
                 - Volker had more balls to do the right thing  AllentownJake   Oct-29-09 11:48 AM   #63 
  - Very well said, and highly accurate.  TexasObserver   Oct-29-09 11:02 AM   #37 
  - Yes. Spending up, savings down. Inflation up. Gubmint spending up.  TexasObserver   Oct-29-09 11:10 AM   #43 
     - We will know the direction of the ship  AllentownJake   Oct-29-09 11:14 AM   #45 
        - The purpose of rich lighter in the fireplace is to catch the big logs on fire.  TexasObserver   Oct-29-09 11:27 AM   #49 
           - I'm not much for analogies  AllentownJake   Oct-29-09 11:31 AM   #50 
              - Your use of "It is a symbiotic relationship which has turned parasitic" suggests otherwise.  TexasObserver   Oct-29-09 11:43 AM   #58 
                 - Financial Services accounting for 40%  AllentownJake   Oct-29-09 11:47 AM   #61 
                    - I agree with you on that 100%.  TexasObserver   Oct-29-09 11:53 AM   #64 
                       - No business is trustworthy  AllentownJake   Oct-29-09 11:58 AM   #67 
                          - I wonder how they'll spin "forgive us our debts, as we forgive our debtors."  TexasObserver   Oct-29-09 12:06 PM   #73 
                             - These people abandoned Christ 30 years ago  AllentownJake   Oct-29-09 12:09 PM   #75 
  - Actually, the issue you cite as reason to call people who don't see it as you do as being stupid ...  Stinky The Clown   Oct-29-09 10:42 AM   #29 
  - However in society we use definitions.  Statistical   Oct-29-09 10:49 AM   #30 
  - I stand by what I said.  Stinky The Clown   Oct-29-09 10:53 AM   #32 
  - Nobody is rah rah rah but there is no depression.  Statistical   Oct-29-09 10:57 AM   #35 
     - Stand on the corner of .... mmmmm ......... Woodward and Adams and say that  Stinky The Clown   Oct-29-09 11:02 AM   #38 
  - There's a single definition of a recession?  NoGOPZone   Oct-29-09 10:59 AM   #36 
  - Characterization arguments are completely counterproductive.  Romulox   Oct-29-09 11:21 AM   #47 
     - Well it does.  Statistical   Oct-29-09 11:33 AM   #52 
        - Do you "get it" and argue for the intellectual stimulation or do you actually not get it?  Stinky The Clown   Oct-29-09 11:48 AM   #62 
  - I didn't say the people are stupid, although I notice you seem to think I was talking to you.  TexasObserver   Oct-29-09 03:22 PM   #110 
  - Hey TO: Why do you studiously avoid threads like the following?  Romulox   Oct-29-09 11:20 AM   #46 
     - Geither is a douche nozzle who is owned by nefarious interests.  TexasObserver   Oct-29-09 11:32 AM   #51 
        - To do other than pay AIG's bonuses, counterparties et al could've been bad for GDP...  Romulox   Oct-29-09 11:57 AM   #65 
           - What do you think are my "two arguments"?  TexasObserver   Oct-29-09 12:03 PM   #69 
              - ...  Romulox   Oct-29-09 12:13 PM   #76 
                 - There's nothing there that needs reconciling.  TexasObserver   Oct-29-09 12:23 PM   #82 
                    - The TARP is not connected to GDP growth? Really, this is the argument you'll hang your hat on?  Romulox   Oct-29-09 12:24 PM   #83 
                    - Your perceptions are bizarre and unsupported.  TexasObserver   Oct-29-09 12:28 PM   #85 
                       - I asked you to reconcile your two quotes (to this same thread!) There's still time!  Romulox   Oct-29-09 12:30 PM   #88 
                    - I'd love any comments from 3rd parties. Is it "bizarre" to connect stimulus, TARP to GDP growth?  Romulox   Oct-29-09 12:29 PM   #87 
                       - Which part of "I never said that" are you incapable of processing?  TexasObserver   Oct-29-09 12:32 PM   #90 
                       - Your words: "You have a bizarre way of connecting things that are not connected."  Romulox   Oct-29-09 12:34 PM   #91 
                       - There's nothing about the two quotes you lifted that need to be reconciled.  TexasObserver   Oct-29-09 12:49 PM   #94 
                          - Either the TARP/Stimulus monies were misapplied, robbing us of GDP growth  Romulox   Oct-29-09 02:25 PM   #103 
                             - Either you can't read or you can't tell the truth.  TexasObserver   Oct-29-09 03:14 PM   #106 
                       - PS You need to look up the definition of "3rd party"  Romulox   Oct-29-09 12:38 PM   #92 
                       - If you get past TexasObserver's  AllentownJake   Oct-29-09 01:08 PM   #98 
                          - Distilled to it's essence, the argument is "Rah rah" vs. "boo!"  Romulox   Oct-29-09 02:31 PM   #105 
                             - That poster is ok  AllentownJake   Oct-29-09 03:18 PM   #108 
  - This is dumb. Wall Street has prospered while we all wither before.  Romulox   Oct-29-09 11:08 AM   #41 
  - No +GDP = no jobs.  Statistical   Oct-29-09 11:38 AM   #55 
  - GDP growth is a necessary (but NOT sufficient) condition for job growth  Romulox   Oct-29-09 11:58 AM   #66 
     - Agreed.  Statistical   Oct-29-09 12:28 PM   #86 
  - An actual quote from a DUer: "You want good things, but that's irrelevant."  Stinky The Clown   Oct-29-09 11:46 AM   #60 
     - And I say it again  dmallind   Oct-29-09 12:15 PM   #77 
        - Again, what difference does your characterization of events make?  Romulox   Oct-29-09 12:23 PM   #81 
        - Words have to mean something or we cannot communicate  dmallind   Oct-29-09 01:01 PM   #96 
           - That's a great argument for the Merriam forums...  Romulox   Oct-29-09 02:28 PM   #104 
        - Sorry. That is a direct quote in its entirety. Not only a whole sentence you posted, it was ......  Stinky The Clown   Oct-29-09 01:51 PM   #101 
  - GDP is a dubious measure of the real economy.....  marmar   Oct-29-09 11:34 AM   #53 
  - It's also juvenile to pretend that "happy talk" isn't an organized admin policy  Romulox   Oct-29-09 12:00 PM   #68 
  - So the fuck what?  Cali_Democrat   Oct-29-09 12:04 PM   #71 
  - It is a joke . It's amazing how this meaningless crap over rides  blues90   Oct-29-09 12:32 PM   #89 
  - GDP growth is part of trickle down voodoo theory  optimator   Oct-29-09 12:05 PM   #72 
  - Trickle down = Pissed on  Stinky The Clown   Oct-29-09 12:21 PM   #79 
  - woohoo ! resume our culture of greed and consumption!  optimator   Oct-29-09 12:08 PM   #74 
  - Well, that should piss off a whole bunch of people here  tjwash   Oct-29-09 12:52 PM   #95 
  - Well shit  AllentownJake   Oct-29-09 01:03 PM   #97 
     - Jobs are so partisan. In the post-partisan world, we will live on words.  Karmadillo   Oct-29-09 01:42 PM   #100 
  - It's a house of cards built on borrowed money.  Tierra_y_Libertad   Oct-29-09 07:32 PM   #112 

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