You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #33: If that's true, we will definitely be in a recession by the middle of next year [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 03:57 PM
Response to Original message
33. If that's true, we will definitely be in a recession by the middle of next year
Printer Friendly | Permalink |  | Top
  -REPORT: Debt Ceiling Deal Will Cost 1.8 Million Jobs In 2012 Pale Blue Dot  Aug-02-11 01:26 PM   #0 
  - I've said this all along...we have an unemployment crisis, not a debt crisis.  jtown1123   Aug-02-11 01:29 PM   #1 
  - +100000  Dappleganger   Aug-02-11 01:29 PM   #2 
  - If this report is correct (and I think it is)  Pale Blue Dot   Aug-02-11 01:31 PM   #3 
     - We sure will n/t  OhioChick   Aug-02-11 03:22 PM   #13 
  - Yep, needlessly driving the economy over a cliff,  MadHound   Aug-02-11 01:33 PM   #4 
  - Not too sure about these projections....  econoclast   Aug-02-11 02:11 PM   #5 
  - Of course it will austerity always does that.  nadinbrzezinski   Aug-02-11 02:13 PM   #6 
  - Robama throws a fight  Grrrfun   Aug-02-11 02:46 PM   #7 
  - This is what the Tea Party wants  jpak   Aug-02-11 02:47 PM   #8 
  - So why did Obama accept a plan that does exactly what the Tea Party wants?  Pale Blue Dot   Aug-02-11 03:08 PM   #9 
     - Becasue he didn't and any informed Democrat knows this to be true  jpak   Aug-02-11 03:17 PM   #10 
        - What?  Pale Blue Dot   Aug-02-11 03:20 PM   #11 
           - The douchebags lost Mr. Lewbowski  jpak   Aug-02-11 03:25 PM   #17 
              - So where are you disputing the OP or the implications? nt  Pale Blue Dot   Aug-02-11 03:33 PM   #23 
                 - Nope - the cuts will impact jobs  jpak   Aug-02-11 03:35 PM   #27 
  - This EPI report assumes no payroll tax cut extension and no UI extension.  Unvanguard   Aug-02-11 03:21 PM   #12 
  - You think this group of rightwing nutters are going to do either?  truebrit71   Aug-02-11 03:25 PM   #18 
  - I don't know what will happen. But neither does the EPI. Neither issue has been resolved yet.  Unvanguard   Aug-02-11 03:28 PM   # 
  - Duplicate. n/t  Unvanguard   Aug-02-11 03:28 PM   #20 
  - Not entirely  frustrated_lefty   Aug-02-11 03:31 PM   #21 
     - I'm not assuming anything. I'm just pointing out that the EPI is making two big assumptions.  Unvanguard   Aug-02-11 03:33 PM   #24 
  - New America doesn't need workers.  Octafish   Aug-02-11 03:22 PM   #14 
  - It's the third way  Bluebear   Aug-02-11 03:24 PM   #15 
  - The Third Way: Because "Feudalism" Was Already Taken.  Ignis   Aug-02-11 05:11 PM   #42 
     - You said it.  Bluebear   Aug-02-11 05:40 PM   #50 
  - I do, because the payroll tax cut is a big benefit to the rich  hfojvt   Aug-02-11 03:32 PM   #22 
     - How exactly is the payroll tax cut a big benefit to the rich?  Unvanguard   Aug-02-11 03:34 PM   #26 
        - because 2% of $100,000 is a lot more than 2% of $15,000  hfojvt   Aug-02-11 03:52 PM   #31 
           - Your argument contradicts the whole principle of progressive taxation.  Unvanguard   Aug-02-11 04:03 PM   #34 
              - so you think that $300 helps more than $2,000  hfojvt   Aug-02-11 04:28 PM   #36 
                 - Yes, I do.  Unvanguard   Aug-02-11 04:40 PM   #38 
                    - no, you are trying to reverse the argument  hfojvt   Aug-02-11 05:04 PM   #40 
                       - I would be against extending the payroll tax cut beyond the recession.  Unvanguard   Aug-02-11 05:16 PM   #43 
  - I've heard other reports as well.  mmonk   Aug-02-11 03:25 PM   #16 
  - That is exactly what the teanutters want. They WANT  liberalhistorian   Aug-02-11 03:27 PM   #19 
  - Exactly. nt  Pale Blue Dot   Aug-02-11 03:34 PM   #25 
  - That will just about wipe out the jobs repairing the US infrastructure Pres  Obamanaut   Aug-02-11 03:36 PM   #28 
  - That's okay...we have plenty of those!  Horse with no Name   Aug-02-11 03:37 PM   #29 
  - Kind of stupid, isn't it?  Yo_Mama   Aug-02-11 03:46 PM   #30 
  - No Creepers on this thread, huh.  readmoreoften   Aug-02-11 03:55 PM   #32 
  - If that's true, we will definitely be in a recession by the middle of next year  Cali_Democrat   Aug-02-11 03:57 PM   #33 
  - I hate to break it to you, but by the middle of next year  Pale Blue Dot   Aug-02-11 04:31 PM   #37 
     - Technically the definition of a recession is two consecutive quarters with declining GDP  Cali_Democrat   Aug-02-11 05:05 PM   #41 
        - You are aware that Q1 GDP was just revised down from over 2% to 0.4%, right?  Pale Blue Dot   Aug-02-11 05:17 PM   #44 
        - I mean negative GDP  Cali_Democrat   Aug-02-11 05:28 PM   #46 
           - I'm saying that current GDP will be revised downward as well.  Pale Blue Dot   Aug-02-11 05:31 PM   #48 
              - That wouldn't surprise me at all. n/t  Cali_Democrat   Aug-02-11 05:33 PM   #49 
        - what would you like to call this economy then?  roomfullofmirrors   Aug-02-11 05:22 PM   #45 
           - Shit. n/t  Cali_Democrat   Aug-02-11 05:28 PM   #47 
              - works for me.  roomfullofmirrors   Aug-02-11 05:47 PM   #51 
  - Boehner said he'll work on creating jobs when he gets back from his 5-week vacation.  Major Hogwash   Aug-02-11 04:11 PM   #35 
  - Thank heavens our president will be pushing those trade deals. That should balance  Karmadillo   Aug-02-11 04:45 PM   #39 
  - This wasn't about helping the economy.  moondust   Aug-02-11 06:04 PM   #52 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC