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Negative GDP growth is actually good

Bob_C
Member, Swaye's Wigwam Posts: 12,716

in Tug Tavern
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Unexpected?
I didn't expect that -
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Biden boom?
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Hearing technical issues are the cause of less things being produced. Hopefully those are transitory.
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This is a GOOD Biden cabinet. They'll figure it out. -
Best cabinet of my lifetime.hardhat said:
This is a GOOD Biden cabinet. They'll figure it out. -
The economic outlook is so great that Americans recently poled went from a 26% negative outlook to 42% now feeling it’s not GOOD.
Thanks BidenBros. Great vote. Well done. Idiots. -
I don't mind paying taxes because the government is far more responsible with my money than I am.
'Biggest fraud in a generation': The looting of the Covid relief plan known as PPP
They came into their riches by participating in what experts say is the theft of as much as $80 billion — or about 10 percent — of the $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program, or PPP. That’s on top of the $90 billion to $400 billion believed to have been stolen from the $900 billion Covid unemployment relief program — at least half taken by international fraudsters — as NBC News reported last year. And another $80 billion potentially pilfered from a separate Covid disaster relief program.
https://www.nbcnews.com/politics/justice-department/biggest-fraud-generation-looting-covid-relief-program-known-ppp-n1279664 -
Just wait, after it's all said and done, we'll get very little improvement in our infrastructure, all the money will be gone and we'll still be hearing about our crumbling roads and bridges. I've seen this movie play out in California for years now. Taxes are raised, bond measures are passed all with the promise to "fix" our crumbling roads and bridges, and most of repairs and fixes are never made.hardhat said: -
Like "investing" more money in public education. The money is invested, actual education gets worse then its back to the need for more "investment".SFGbob said:
Just wait, after it's all said and done, we'll get very little improvement in our infrastructure, all the money will be gone and we'll still be hearing about our crumbling roads and bridges. I've seen this movie play out in California for years now. Taxes are raised, bond measures are passed all with the promise to "fix" our crumbling roads and bridges, and most of repairs and fixes are never made.hardhat said: