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Why Don't People Tell the King He's Naked?

Discussion in 'Political Discussion' started by PatriotsReign, Apr 27, 2013.

  1. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    As is the case with the Euro-Union. They are in fact in the midst of a 5 year DEPRESSION, not a series of recessions as the politicians and media would tell us.

    Spain's unemployment rate is now 27.2%!! That is a record that includes the one set during the Great Depression. Spain has at least as many people (6.2 million) unemployed as the US and their population is 15% of the United States.

    Just makes me wonder why "they" aren't using the word "ECONOMIC DEPRESSION" when that is clearly what is happening in Europe.

    Unemployment in Spain and France climbs to record levels

    Unemployment in Spain and France climbs to record levels - FT.com

    Be patient....I'm working on fixing this issue with the global media. Do not fear, PR is there!
     
  2. 1228

    1228 Practice Squad Player

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    Can you illustrate what the difference is between a depression and a recession?
     
  3. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    Of course I can.....can you?

    Do you realize that even during the Great Depression, there were periods of growth? Did you know that in the US, the Great Depression was actually a series of recessions with little growth in between?

    JUst a tip...never worry about the poster. On this board, we only comment upon the topic and we never attempt to make the poster the topic...

    Capiche?
     
  4. 1228

    1228 Practice Squad Player

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    Maybe you should read your post again? It's about you. YOU'RE correcting media. YOU determined that this in fact a depression - so please answer the question, and stop deflecting.

    What is the difference between a depression and recession?
     
  5. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    My post was also about Europe's economy, not the US economy. Although I believe it's possible we're also in a global depression.

    Look, 28, it's foolish to quiz members when we know anyone can get answers simply by Googling the question. So I'll humor you by not googling the "official" definition and tell you what I believe the differences are based on my education in economics and my career experience.

    Some people believe the official definition of a recession is 2 consecutive quarters of negative GDP growth, but even that's not true....look it up for yourself for confirmation. If we had 2 (or more) consecutive quarters of +.1 to +1.0%, that would actually be a recession. There are differences of opinion on that but my economics training taught me that is true.

    There really isn't an official definition of a depression, but it's generally defined as an extended and deep recession or series of recessions over an extrended period of time. Depressions are also characterized by extremely high unemployment and huge stock market "corrections".

    Europe's economic trends over the past 5 years fulfill all the requirements of a depression at this point in time. If you don't agree, please state your rationale.
     
  6. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    There's a lot of of pressure to reverse course on the austerity approach, which had been spearheaded by the Germans. Hopefully, once the Europeans return to their more progressie roots, their economies will pick up. The US is a good examples. The stimulus, opposed by most conservatives and libertarians, has returned our economy to its powerhouse status, and we're clearly doing far better than those countries that opted for austerity.
     
  7. scout

    scout Veteran Starter w/Big Long Term Deal

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    #15 Jersey

    Anyone been watching the new HBO series "Vice". Its a current event documentary type of show, and last week the film crew went to Spain and Greece. Pretty scary what is going on in those countries. *I do not see any spin (left/right) as Bill Maher has his name on the product.
     
  8. Real World

    Real World Moderator Staff Member

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    "Powerhouse status".....:rofl:

    Europe must be in a depression because of all that defense spending they commit themselves too....oh wait...


    Must be all the countries they invade then....doh...


    I know, it's their low tax rates...:bricks:
     
  9. Real World

    Real World Moderator Staff Member

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    I just watched the episode of VICE you were referring to. What I don't get about these people who are rioting, who by the way, are the OWS of Europe (that our OWS took after), is how/why they think destroying property is the answer. Protests are fine, but vandalizing and rioting accomplishes what exactly? What's sad is that these people don't see that they are as much to blame for their condition as is anyone. Be it from their expectation that socialism works, to electing the incompetent suits they put into office, or even more so, their agreement to voluntarily join the Borg.

    [​IMG]

    These poor people relinquished their rights, and sovereignty, to join the collective. A collective run by a bunch of suit wearing, millionaire aristocrats no less. Basically their socialist debt mounted to danger levels. They joined the Borg and gave up their one saving grace, which was their ability to print money, and now they are rioting in the streets cuz they're all broke with no job. This will only get worse before it gets better.

    That show kinda made me curious as to whether or not those Greek fascists make the zig heil or whatever, because it's an ancient greek thing, or a Nazi thing. I'd never heard of it being an ancient greek thing ever before. To me it screams Nazi, but who knows. I'd never heard that before. Did the Nazi's copy it from ancient Greece? It would have to mean that right? Scary times over there for sure.

    Last one, their point about immigrants is generally the right one. Greece is broke, and it's citizens are both jobless, and hungry. All the illegals should be kicked out. Greece should only be worrying about Greeks. Not about Somali's or Afghani's. You feed your family first. I just hope that level of civil unrest doesn't happen here. I fear it someday could. If not during this "crisis" then it might be the next. You simply cannot print money, or runs debts till infinity and beyond. When you do eventually bad things will happen.
     
  10. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    You don't think our economy is a powerhouse? Really.

    The rest of your post doesn't really make sense. Not sure what point you're making. I gather you want war. With whom? Why? Tell us about your service record, and the sacrifices you made for our nation. By the way, except for the US and Russia, the Europeans generally spend the most as a percent of GDP on military.
     
  11. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    We're a powerhouse among weak & crippled economies....yeah! Arnold schwarzenegger is a powerhouse among senior Americans too!

    Anyone who actually pays taxes is sacrificing for our nation. No one can use not serving in the armed forces against them.
     
  12. Titus Pullo

    Titus Pullo Banned

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    What does this last part even mean?

    Would you please stop?

    I know you "joke," and you and I ultimately agree on how sick the global economy is, but your delivery? It's grating. Let's be honest: you only very recently conceded the diagnosis of this overall malady, so pretending you're some enlightened newshound because you recognize a few symptoms? It isn't resonating.

    Again, just stop. You don't even do it right. .... Either stop with these threads, or take responsibility for its authorship and meet the challenge put to you by those who doubt your premise.

    The poster challenged you to flesh out an assertion. You coyly refused. Why?

    Instead, you deflect into an awkward dressing-down of 1228 for a behavior that almost no one here is more guilty of than you. I doubt he's "worried" about you. He's merely asking you to provide a short essay of contrast regarding a recession vs. depression. ... Your tactic is like when 13 throws a phrase like "take a calculus class" out there, then refuses do relate calculus to his argument at all when challenged.

    So why don't you do it? Or does someone have to come in and pick up the baton?

    In any regard, while I'm not sure I'd call what's happened in Europe a "depression" since 2008, I don't recognize any real "recovery" since. And depression is a strong possibility going forward. Far more likely than any return to 1990s-level growth, that's for sure.
     
  13. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    By any measure of power, our economy is very strong. Unemployment is dropping, the stock market is at record levels, consumer spending is climbing, the economy is expanding, and we're out of recession. If you compare us to the austerity minded Europeans, it's clear that austerity has been a far less effective approach than stimulus. Granted the sequester is slowing down growth by taking out billions of dollars from private contractors in a variety of areas, such as defense, but our economy seems to have enough momentum to handle that.

    I don't think Real World served in the armed forces, yet he somehow feels like a big man because he's from a country that has gone to war more than most other countries (of course, the Europeans lost far more lives than we did in war). Is he somehow better than those Europeans who chose not to wage war? (Actually, Europe's history with war and suffering is far greater than our own, but facts are beside the point when debating with RW.)
     
    Last edited: Apr 29, 2013
  14. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    If you had read further, you'd see I did answer 28's question fully in the post below.



    But you failed to see that 28 came in immediately and attempted to quiz me on the difference between recession & depression without making a point of his own. I found that rather arrogant in itself, so I responded in kind.

    It would be like you posting a peak oil thread and me coming in and asking you if you understand supply and demand relative to petroleum without making a point.

    So I'm grating to you....I truly hope you understand you're viewed in the same manner with your aggressive "attack the poster" style.

    So why do you do it? Again, just stop it Titus.
     
  15. Real World

    Real World Moderator Staff Member

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    War? What on gods green earth are you smoking? Learn to read, and if you can't, you should ask before you assume. ;)

    LOL...Ahnold....perfectly put PR.

    We're rocking and rolling Frauders. We're only $17 trillion or so in debt, and climing. I think this year we might only be $1 trillion in debt, and that's with records tax receipts. Whoooo-eeeeee!!!!! Someone pop the bubbly. Unemployment is great. The more and more people aren't counted who need jobs, the better and better unemployment gets. Next thing you know, we'll be eating our Iphones too. Yummy! The economy is roaring like a Slowski on dial-up. Who knows, sometime in the next few years, the fed might even stop printing money.
     
  16. JackBauer

    JackBauer Pro Bowl Player

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    RW,

    I see you like to complain a lot. Any constructive suggestions/recommendations as to how we could improve economic growth?

    Also: pretty hilariously subjective moderation in this thread.......yet again.
     
  17. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    I haven't seen any moderation nor the need for any moderation in this thread. What specifically are you referring to Jack?
     
  18. JackBauer

    JackBauer Pro Bowl Player

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    Well, apparently attacking moderators is against the rules, so...
     
  19. Real World

    Real World Moderator Staff Member

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    I've mentioned things plenty of times, but I'll give you a quick outline off the top of my head. Understand though, that no matter which direction you choose to go, there will be pain. It's just a matter of whether or not you want a kick to the nuts now, or pass a kidney stone later.

    * Deport Illegals
    * Fine companies that employ illegals
    * Put an immediate freeze on immigration entirely. No more immigrants until Americans are close to being fully employed.
    * Rescind Obamacare
    * Lower the corporate tax rate to 20%
    * Two tier Cap Gains to 20% for the first $50k (or $25k), and 25% for everything after. Whatever number protects/helps low to middle income investors.
    * Withdraw/close/bring home 80% of our offshore military installations/soldiers/aid. Need something for them to do? How about use them to seal the border. We don't need to be subsidizing the worlds defense budgets when we can't balance our own.
    * Do the same to foreign aid.
    * Review each and every free trade agreement we've signed, and rewrite them so that our best interests are served. Getting the cheapest crap sent back to us isn't always dollar wise. We need a better balance I think.
    * Streamline our domestic energy production. All types. An example would be to provide incentives, or grants, to areas and industries who invest in NG conversion. We have a lot of it, so lets make sure we use it.
    * Create some sort of repatriation program or policy. One where a one-time, low rate tax, or no tax, would be applied to any money brought back into the country. The fed could offer a 5 or 10 year exemption on corporate taxes for any company that reopens (or opens period) a factory here in the US. Something creative that would encourage companies to bring, or keep, their operations here.
    * I'd impose a tax on all cash immigrants wire out of the country. Not only do these red inkers come here to make money, and enjoy the benefits we black inkers provide, but they then turn around and mail their money back home. Maybe the gubmit should be taking a cut.
    * I'd restructure the tax code. I'd break things down into 5-10 brackets maximum. Lower rates for those in the middle, but everyone pays something. I don't care if it's 1%. No one gets back more than they paid in taxes. Period. The mortgage interest deduction would be restricted to one primary residential property. I don't care which private home you want to use for your deduction, your home in Florida, the other in the Hamptons, or maybe your McMansion on the cape, but you will only deduct the interest from one of them. I'd even consider a cap on all deductions. This would require some indepth discussion though.
    * Check for citizenship status for all gubmit benefits programs. If you want it, you gotta prove you're here legally.
    * Bye-bye gubmit cell phone program.
    * Longer term I'd move to slash the size and scope of gubmit. Slash the defense budget, and virtually eliminate agencies like the Dept of Education. Education is a local, or state issue. The smaller the fed the better. These types of things would have to be done incrementally, and over time.
     
  20. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    Some are more thin-skinned and arbitrary than others.
     

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