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11-16-2012, 05:56 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by icenine
Oh Obama is elected and the economy is the new normal....what about Bush? you kill me
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Obama has been president for 4 years now, You're still blaming Bush? When the average recession lasts 13 months? And of course earlier in this thread, there was the obligatory blaming of Reagan.
You guys should really think about putting "apologist" on your resumes.
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11-16-2012, 06:10 AM
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Senior Member
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Join Date: May 2009
Location: Upper Canuckistan
Posts: 2,180
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Quote:
Originally Posted by whell
Obama has been president for 4 years now, You're still blaming Bush? When the average recession lasts 13 months? And of course earlier in this thread, there was the obligatory blaming of Reagan.
You guys should really think about putting "apologist" on your resumes.
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There is absolutely nothing "average" about this recession. The closest comparison would be the depression which lasted a decade.
__________________
There never Was a Good War or a Bad Peace. - Benjamin Franklin.
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11-16-2012, 07:02 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by whell
Obama has been president for 4 years now, You're still blaming Bush? When the average recession lasts 13 months? And of course earlier in this thread, there was the obligatory blaming of Reagan.
You guys should really think about putting "apologist" on your resumes.
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Why? Who here is apologizing for anything?
So, tell me;
Is there anything at all the Republican Party has ever done wrong?
Or, is every failure, no matter how blatant and obvious, the result of some (imaginary) insideous left wing plot?
Maybe people hear the GOP lay out their vision for the future and honestly think it sucks? (Or stinks of some sort of perverse mix of theocracy and corporate plutocratic fascism...............like I do?)
Regards,
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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11-16-2012, 07:09 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by whell
In the 16 U.S. recessions since 1919, the average length has been 13 months, although the recent recessions have been shorter. Thus if the 2008 recession followed the average, the downturn in the stock market would have bottomed around November 2008. The actual US stock market bottom of the 2008 recession was in March 2009.
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This recession is a damn sight closer to the one in 1929 that lasted for ten years - ask me how I know.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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11-16-2012, 07:12 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by whell
How 'bout these numbers:
"New figures released by the Census Bureau this week found a spike in poverty numbers last year, going from 49 million in 2010 to 49.7 million last year. The numbers may come as a surprise to Congress, which estimated in September that the poverty rate would drop to 46.2 million. One of the most startling findings showed that almost 20 percent of American children continue to live in poverty."
http://washington.cbslocal.com/2012/...cans-affected/
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Because wages for the workers have actually been declining, probably so they can hand out those fat bonuses to Mahogany Row.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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11-16-2012, 07:14 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by BlueStreak
Reactionary employers having an juvenile temper tantrum is all it is.
Someone should take them behind the barn and make eunuchs out of them.
Assholes.
Regards,
Dave
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Fixed it for you.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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11-16-2012, 07:23 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by merrylander
Fixed it for you.
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Thanks.
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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11-16-2012, 07:24 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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Whell ANY bad news during Obama's reign is obviously someone else's fault.
His lazer vision didn't work very well.
Pete
__________________
“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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11-16-2012, 09:05 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Bigerik
There is absolutely nothing "average" about this recession. The closest comparison would be the depression which lasted a decade.
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Really? I've yet to hear the Administration or refer to it as a depression? In fact, quite the opposite. We've heard about the "recovery" in the stock market, and we have had positive (though somewhat anemic) economic growth. Since there's positive economic growth, that's generally not the economic formula for a recession, much less a depression. In fact, we were told that the current recession ended in 2009.
You got some inside scoop that no one else does Erik?
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11-16-2012, 09:05 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by whell
Obama has been president for 4 years now, You're still blaming Bush? When the average recession lasts 13 months? And of course earlier in this thread, there was the obligatory blaming of Reagan.
You guys should really think about putting "apologist" on your resumes.
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Bush did drive the economy into the ditch, whell. That's a fact. And when you say that the average recession lasts 13 months, toy fail to take into account that this was far from an "average" recession. It was the worst economic disaster since the Great Depression so the fact that it took 17 or 18 months to get out of this recession is far from surprising.
I wonder if you're as bad a winner as you are a loser.
I doubt I'll ever have the chance to find that out.
John
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