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Americans are more in debt than ever — experts say ‘money disorders’ may be to blame

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  • Options
    HHuskyHHusky Member Posts: 19,201
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    Here's the fucking deal. None of us here know what the economy is going to do in the next 16 months. It's either going to dip into a recession or it won't. Only fools try to predict this stuff.

    Thank you for helpfully pointing out that none of us know the future with absolute certainty. Yet people still enjoy wagering. In fact, someone should start a business where people can make wagers.
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    2001400ex2001400ex Member Posts: 29,457
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    Imagine hoping for a recession because your candidates suck


    Sorry, business is booming.

    Bad news for democrats

    Presidents always beg for an interest rate cut when business is booming.
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    SFGbobSFGbob Member Posts: 31,922
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    Standard Supporter
    2001400ex said:

    Out here in the real world there are 4000 C liscense applications a day in California

    Literally millions of dollars of business this year from our big corporate client.

    Can't find enough people to give high paying jobs to

    Can't find room for all the money we are making and keeping more of it

    But you guys keep dreaming of failure and doom since you have nothing else other than candidates that want to undo all progress and get back to the shitty Obama "recovery" for 8 years

    Meanwhile enjoy another 4 years after this one crying like the bitches you are



    Why is Trump calling for a 1% cut in interest rates then?
    Because while the US economy is still strong the rest of the world's economy is not and he doesn't want the US to catch the same economic cold that is currently afflicting the other major economies. Many European economies are now close to 0% in their interest rates while some are even dealing in negative interest rates.
  • Options
    CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    First Comment 5 Awesomes 5 Up Votes First Anniversary
    SFGbob said:

    2001400ex said:

    Out here in the real world there are 4000 C liscense applications a day in California

    Literally millions of dollars of business this year from our big corporate client.

    Can't find enough people to give high paying jobs to

    Can't find room for all the money we are making and keeping more of it

    But you guys keep dreaming of failure and doom since you have nothing else other than candidates that want to undo all progress and get back to the shitty Obama "recovery" for 8 years

    Meanwhile enjoy another 4 years after this one crying like the bitches you are



    Why is Trump calling for a 1% cut in interest rates then?
    Because while the US economy is still strong the rest of the world's economy is not and he doesn't want the US to catch the same economic cold that is currently afflicting the other major economies. Many European economies are now close to 0% in their interest rates while some are even dealing in negative interest rates.
    Trump starts trade war. Trumptards blame slowing global economy for US weakness. POTD.
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
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    Swaye's Wigwam
    The economy is great

    That's the point

    Maybe for payday loan outfits and lawyers not so much

    We have more business than we can handle

    Keep hope alive losers.

    Obama had near zero percent interest for two terms. Didn't hear any bitching then did we

    Idiots
  • Options
    HHuskyHHusky Member Posts: 19,201
    First Anniversary 5 Up Votes 5 Awesomes First Comment

    Maybe for payday loan outfits and lawyers not so much

    Or manufacturing. #RoaringBack!
  • Options
    SFGbobSFGbob Member Posts: 31,922
    First Anniversary First Comment 5 Up Votes 5 Awesomes
    Standard Supporter

    SFGbob said:

    2001400ex said:

    Out here in the real world there are 4000 C liscense applications a day in California

    Literally millions of dollars of business this year from our big corporate client.

    Can't find enough people to give high paying jobs to

    Can't find room for all the money we are making and keeping more of it

    But you guys keep dreaming of failure and doom since you have nothing else other than candidates that want to undo all progress and get back to the shitty Obama "recovery" for 8 years

    Meanwhile enjoy another 4 years after this one crying like the bitches you are



    Why is Trump calling for a 1% cut in interest rates then?
    Because while the US economy is still strong the rest of the world's economy is not and he doesn't want the US to catch the same economic cold that is currently afflicting the other major economies. Many European economies are now close to 0% in their interest rates while some are even dealing in negative interest rates.
    Trump starts trade war. Trumptards blame slowing global economy for US weakness. POTD.
    So the German and French economies are weak because of our trade war with China?
  • Options
    CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    First Comment 5 Awesomes 5 Up Votes First Anniversary
    SFGbob said:

    SFGbob said:

    2001400ex said:

    Out here in the real world there are 4000 C liscense applications a day in California

    Literally millions of dollars of business this year from our big corporate client.

    Can't find enough people to give high paying jobs to

    Can't find room for all the money we are making and keeping more of it

    But you guys keep dreaming of failure and doom since you have nothing else other than candidates that want to undo all progress and get back to the shitty Obama "recovery" for 8 years

    Meanwhile enjoy another 4 years after this one crying like the bitches you are



    Why is Trump calling for a 1% cut in interest rates then?
    Because while the US economy is still strong the rest of the world's economy is not and he doesn't want the US to catch the same economic cold that is currently afflicting the other major economies. Many European economies are now close to 0% in their interest rates while some are even dealing in negative interest rates.
    Trump starts trade war. Trumptards blame slowing global economy for US weakness. POTD.
    So the German and French economies are weak because of our trade war with China?
    JFC
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    HHusky said:

    Maybe for payday loan outfits and lawyers not so much

    Or manufacturing. #RoaringBack!
    When did you start caring about manufacturing?

    Obama said its gone and never coming back and Hillary agreed.

    Any gains are more than you voted for.

    What's good for America is bad for the democrats.

    https://marketwatch.com/story/manufacturing-employment-in-the-us-is-at-the-same-level-of-69-years-ago-2019-01-04



    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Read it and weep bitch
  • Options
    CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    First Comment 5 Awesomes 5 Up Votes First Anniversary

    HHusky said:

    Maybe for payday loan outfits and lawyers not so much

    Or manufacturing. #RoaringBack!
    When did you start caring about manufacturing?

    Obama said its gone and never coming back and Hillary agreed.

    Any gains are more than you voted for.

    What's good for America is bad for the democrats.

    https://marketwatch.com/story/manufacturing-employment-in-the-us-is-at-the-same-level-of-69-years-ago-2019-01-04



    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Read it and weep bitch
    Got it. You’ve convinced me. The fed needs to cut the fed funds rate 150 basis points then.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
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    Keep hope alive loser
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    HHuskyHHusky Member Posts: 19,201
    First Anniversary 5 Up Votes 5 Awesomes First Comment

    HHusky said:

    Maybe for payday loan outfits and lawyers not so much

    Or manufacturing. #RoaringBack!
    When did you start caring about manufacturing?

    Obama said its gone and never coming back and Hillary agreed.

    Any gains are more than you voted for.

    What's good for America is bad for the democrats.

    https://marketwatch.com/story/manufacturing-employment-in-the-us-is-at-the-same-level-of-69-years-ago-2019-01-04



    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Read it and weep bitch
    Oh boy! We're employing as many people in manufacturing now as we did when our population was 150 million!

    Daddy is the one who made manufacturing and manufacturing jobs a centerpiece of his campaign. #ManufacturingInRecession

    Wake me when it's 1979 again.
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
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    Swaye's Wigwam
    Yawn


    Try to find some bad news so you can stop lying about good news

    Thanks
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
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    Swaye's Wigwam
    https://washingtonexaminer.com/washington-secrets/liberal-media-scream-bill-maher-cheers-economic-collapse-if-it-dooms-trump


    This week’s Liberal Media Scream features HBO’s Bill Maher praying for an economy-killing recession if it scuttles President Trump’s reelection chances.

    On his show Real Time with Bill Maher Friday night, he said he hopes for a recession since “it would get rid of Trump.”


    When guest panelist Josh Barro, a business columnist for New York Magazine, pointed out that in a recession “people lose their jobs and their homes,” Maher shrugged, “I know. It’s worth it.”

    The exchange occurred on the Aug. 2 "Real Time Overtime," a post-show online video for YouTube, recorded at the conclusion of the regular show.



    You idiots should try this honest approach for a change

    Imagine having 20 candidates so bad that you have to root for a recession

    SAD
  • Options
    HHuskyHHusky Member Posts: 19,201
    First Anniversary 5 Up Votes 5 Awesomes First Comment

    Yawn


    Try to find some bad news so you can stop lying about good news

    Thanks

    "Recession" is a defined term. Daddy's centerpiece is in recession.
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    HHusky said:

    Yawn


    Try to find some bad news so you can stop lying about good news

    Thanks

    "Recession" is a defined term. Daddy's centerpiece is in recession.
    And you don't give a shit about manufacturing anyway

    By the way I showed how it was at a 40 year high. Where is your proof?

    You lie like you breathe
  • Options
    HHuskyHHusky Member Posts: 19,201
    First Anniversary 5 Up Votes 5 Awesomes First Comment

    HHusky said:

    Yawn


    Try to find some bad news so you can stop lying about good news

    Thanks

    "Recession" is a defined term. Daddy's centerpiece is in recession.
    And you don't give a shit about manufacturing anyway

    By the way I showed how it was at a 40 year high. Where is your proof?

    You lie like you breathe
    Manufacturing employment is not at a 40 year high. Manufacturing employment hasn’t risen to 2007 levels. Forty years ago 19.5 million people were employed in manufacturing.
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    Your word is worthless

    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Not bad for something Obama claimed was gone and never coming back. And you applauded. And voted for him


  • Options
    HHuskyHHusky Member Posts: 19,201
    First Anniversary 5 Up Votes 5 Awesomes First Comment

    Your word is worthless

    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Not bad for something Obama claimed was gone and never coming back. And you applauded. And voted for him


    Manufacturing jobs are and will remain a small proportion of all jobs. Nobody ever said there would be none. Daddy promised millions of new jobs. The number of manufacturing jobs has risen modestly over the past 30 months, but output has declined for two consecutive quarters.
  • Options
    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,499
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    HHusky said:

    Your word is worthless

    U.S. enjoys best manufacturing jobs growth of the last 30 years

    Some food for thought: the U.S. had as many people working in the manufacturing sector in December as it did 69 years ago.

    The 32,000 positions added in December took the total number of positions in manufacturing to 12.84 million. In November 1949, there were 12.88 million manufacturing workers, at the end of a sharp recession.

    The economy in 1949 was unlike that of the U.S. in 2019 in another way. Then, some 30% of American civilian workers outside the farm sector were in manufacturing; now, that percentage stands at just 8.5%, about as low as it’s ever been.

    The hollowing out of America’s industrial base, and the loss of the highly paid jobs for the high-school educated that went along with them, goes some way to reflect the tectonic shifts in U.S. politics that set the stage for the election of President Donald Trump and his brand of populism.

    Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.



    Not bad for something Obama claimed was gone and never coming back. And you applauded. And voted for him


    Manufacturing jobs are and will remain a small proportion of all jobs. Nobody ever said there would be none. Daddy promised millions of new jobs. The number of manufacturing jobs has risen modestly over the past 30 months, but output has declined for two consecutive quarters.
    So you just have your usual bullshit and lies

    Got it
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