Quote:

---

... there has been no sign of a surge in hiring. Nor in wages. Average hourly earnings of production and non-supervisory employees – who make up 80 per cent of non-government workers – dropped to $8.76 in April. Adjusted for inflation, that’s lower than they were in the depths of the recession.

Meanwhile, housing prices continue to fall. They are now 33 per cent below their 2006 peak. That is a bigger drop than recorded in the Great Depression. Homes are the largest single asset of the American middle class, so as housing prices drop many Americans feel poorer. All of this is contributing to a general gloominess. Not surprisingly, consumer confidence is also down.

The recovery has stalled. It is unlikely that America will find itself back in recession but the possibility of a double dip cannot be dismissed.

The problem is not on the supply side of the ledger. Corporate profits are still healthy. Big companies continue to sit on a cash hoard. Large and middle-sized companies can easily borrow more, at low rates. The problem is on the demand side. American consumers, who constitute 70 per cent of the total economy, cannot and will not buy enough to get it moving....

Europe’s debt crisis and embrace of austerity, Japan’s tragedy and China’s fiscal tightening have reduced global demand. At the same time, the federal stimulus in the US has almost run its course....

---

Quote:

---

Originally posted by Fremdfirma:

Mind you, with the money "supply" being in many cases etheral and electronic these days, it simply multiplies those problems while making the manipulations even less visible to the public.

---

Quote:

---

Originally posted by Niki2:

Get a room, you two. Then you can indulge your fantasies together. The rest of us live in the real world, and we know it's too bright out here for you, so keep your blinders on until you can find a dark place to huddle and chortle together in your insanity.

---

Quote:

---

What fantasies are you talking about ? Freedom? American exceptionalism ? The rights of the individual ? A government which operates with in its means ? Yeah, them's some crazy ideas, huh

---

Quote:

---

Originally posted by dreamtrove:
The better part of a century ago Hayek suggested that we create multiple competing independent currencies that were truly independent of banks and governments, and rested only on the value of the economies of those that traded them. I think that if we added to that a couple of concepts: Implied liability; and perishable capital; we would reduce the power of currency domination.

---

Quote:

---

Originally posted by AURaptor:

Quote:

---

Originally posted by Niki2:

Get a room, you two. Then you can indulge your fantasies together. The rest of us live in the real world, and we know it's too bright out here for you, so keep your blinders on until you can find a dark place to huddle and chortle together in your insanity.

---

What fantasies are you talking about ? Freedom? American exceptionalism ? The rights of the individual ?
A government which operates with in its means ?

Yeah, them's some crazy ideas, huh ?

---

Quote:

---

Originally posted by AURaptor:


I WILL NOT SUBMIT

---

Quote:

---

Originally posted by SignyM:

Quote:

---

What fantasies are you talking about ? Freedom? American exceptionalism ? The rights of the individual ? A government which operates with in its means ? Yeah, them's some crazy ideas, huh

---

You and Wulfie... you know the words, but not the meaning. That is why you're ALWAYS bending over and submitting.

---

Quote:

---

Originally posted by Kwicko:

Quote:

---

Originally posted by AURaptor:

---

So now you're a radical Islamo-fascist? I always suspected as much...

---

Quote:

---

You just like to see yourself post here, w/ out any real understanding of what it is you're saying. Otherwise, you'd show where I'm " ALWAYS submitting".

---

Quote:

---

Originally posted by SignyM:

Quote:

---

You just like to see yourself post here, w/ out any real understanding of what it is you're saying. Otherwise, you'd show where I'm " ALWAYS submitting".

---

It's useless showing YOU anything. I'm thinking about treating you like a troll, because you're only here to spout, not to converse.

---

Quote:

---

Originally posted by AURaptor:

Quote:

---

Originally posted by SignyM:

Quote:

---

You just like to see yourself post here, w/ out any real understanding of what it is you're saying. Otherwise, you'd show where I'm " ALWAYS submitting".

---

It's useless showing YOU anything. I'm thinking about treating you like a troll, because you're only here to spout, not to converse.

---

So, in other words, you got nothing, and since you were called on it, you're taking your ball and going home.

Again.

Crassic.

---

Quote:

---

Now, now... Rap... don't you know? This country would make a lot more "progress" if people like you stopped asking so many questions? (or pointing out the HUGE failings of the liberal agenda)?

Come on... we should all get in line.

---

Quote:

---

And I've never bought into the 'reality' that Obama and the MSM have tried to pass off as 'truth'.

---

Quote:

---

Corrected:

Trickle-down has always worked. It's a legacy of utter success. Money injected into the BOTTOM of the economy has never filtered upward, taking everyone else upward as it flows uphill.

---

Quote:

---

That last part is what's so hysterical. Nothing flows UP hill. Nothing.

---

Quote:

---

You're funny sometimes.

---

Quote:

---

Originally posted by AURaptor:

Quote:

---

Corrected:

Trickle-down has always worked. It's a legacy of utter success. Money injected into the BOTTOM of the economy has never filtered upward, taking everyone else upward as it flows uphill.

---

That last part is what's so hysterical.

Nothing flows UP hill.

Nothing.

---

Quote:

---

In the case of business, it ends when the businesses have profited so heavily off of everyone else involved that people can't afford to buy anymore. The process which created wealth is the same process which... taken too far... destroys it. The markets are bare. There is a yin and yang to this. The fundamental problem of capitalism is the one thing that the markets CAN'T address, and that is the balancing of supply and demand. Because all of those lovely supply-demand curves assume that buyers have money with which to buy.

---

Quote:

---

Yuppers. That's why destroying the middle class, as the tea-baggers have consciously set out to do, will ultimately destroy the rich.

---

Quote:

---

Obama solicitor general: If you don't like mandate, earn less money

President Obama's solicitor general, defending the national health care law on Wednesday, told a federal appeals court that Americans who didn't like the individual mandate could always avoid it by choosing to earn less money.

http://washingtonexaminer.com/blogs/beltway-confidential/2011/06/obama
-solicitor-general-if-you-dont-mandate-earn-less-money?sms_ss=facebook&at_xt=4de82724cbbeb7a7,0

---

Quote:

---

Originally posted by AURaptor:
Air floats up hill, it doesn't 'flow'. ( Probably more accurate to say it's PUSHED ... but any way )

For science fiction fans, you folks are dog gone illiterate when it comes to things sciencey.

---

Quote:

---

Originally posted by AURaptor:
Your childish denying of fact, and out of hand dismissals do absolutely nothing but pad your post count on here.

Basically, your replies amount to

" is not! "

Go play in traffic, son. Leave the big talk to the adults.

---

Quote:

---

Classic project and deny. It's the LEFT who wants to destroy the middle class, and exclusively so.

---

Quote:

---

Originally posted by Kwicko:

So when you your parents going to be here?

---

Quote:

---

Originally posted by AURaptor:

Quote:

---

Originally posted by Kwicko:

So when are your parents going to be here?

---

" when you your " ?

As I said, go play in traffic, son.

---

Quote:

---

Much like the non issue of Global Warming, who caused the economic down turn has already been settled. No need to waste time and forum space recapping all that again.

---

Quote:

---

Air floats up hill, it doesn't 'flow'. ( Probably more accurate to say it's PUSHED ... but any way ) For science fiction fans, you folks are dog gone illiterate when it comes to things sciencey.

---

Quote:

---

Classic project and deny. It's the LEFT who wants to destroy the middle class, and exclusively so.

Obama solicitor general: If you don't like mandate, earn less money

President Obama's solicitor general, defending the national health care law on Wednesday, told a federal appeals court that Americans who didn't like the individual mandate could always avoid it by choosing to earn less money.

---

Quote:

---

This economic crash was planned BY the left, specifically to " fundamentally transform " this country, from a capitalist, free market private sector economy to a state controlled, fascist economy.

---

Quote:

---

Originally posted by SignyM:
I guess you'd rather talk about Weiner's weener.

Seems a tad fixated to me.

---

Quote:

---

Originally posted by AURaptor:

Quote:

---

Originally posted by SignyM:
I guess you'd rather talk about Weiner's weener.

Seems a tad fixated to me.

---

He lied.

He accused others of criminal acts.

He's a US Congressman, and that sits just fine wit you though, huh?

Screw character, right ?

---

Quote:

---

Originally posted by Kwicko:

You didn't mind at all when your own President did it about WMD in Iraq.

---

Quote:

---

Originally posted by SignyM:
So Rappy, you ready for the stock market ride from hell?

---

Quote:

---

Which President was that, specifically? Because both Clinton and W said pretty much the exact same thing. If one lied, then they both lied.

---

Quote:

---

Summer of Recovery, brother.

---