This economy ... 2020

UncleBuck

UncleBuck

Well-Known Member
dandyrandy said:
I'd hate to be below 50. The bills will come due about 2035ish....
thehill.com

U.S. government hits record for Treasury selling debt

The U.S. government hit a record this year on selling long-term debt after the Treasury Department on Thursday auctioned its latest seven-year notes, bringing it to a total of $2.25 trillion for th…
thehill.com thehill.com
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i got your back buddy

you just enjoy that retirement you’ve earned

we’ll keep working it off. it can’t be much harder than beating back the nazis
 
S

schuylaar

Well-Known Member
HashBucket said:
Yes, I did take civics in school.
I went to school in Florida. In the 60's I was in grade school.
I remember the refugees floating over from Cuba. They were fleeing a a communist government for a better life in the country you hate.
I remember the Cuban missile crisis. Spending half a day in an air raid shelter while Kennedy and Kruschev decided whether they were going to incinerate the world.

I remember being taught; mostly by people who fought WW2 that freedom was the only way to live. That self reliance was American.

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From Wikipedia
Venezuela has a dominant-party system, dominated by the United Socialist Party of Venezuela amidst other parties listed in the following section. The governing United Socialist Party of Venezuela (Partido Socialista Unido de Venezuela, PSUV) was created in 2007.
Hugo Chávez, the central figure of the Venezuelan political landscape since his election to the Presidency in 1998 as a political outsider, died in office in early 2013, and was succeeded by Nicolás Maduro (initially as interim President, before narrowly winning the 2013 Venezuelan presidential election in a popular election). Venezuela has a presidential government. The Economist Intelligence Unit rated Venezuela a "socialist authoritarian regime" in 1998.

Notice that it says that Maduro was elected in a ''narrow popular vote''. They have no Electora College to prevent mob rule, and the city dwellers voted for 'free stuff' that Maduro promised. Hows that working out for them?
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that's a big assumption.

then you're old enough to remember the russians are our enemy..right? so what's your excuse for promoting their propaganda?
 
S

schuylaar

Well-Known Member
UncleBuck said:
Farmers bankrupted, billions borrowed from China to pay farmers not to sell to China, billions of dollars forced onto consumers and businesses, countless jobs lost, trade deficit skyrocketed...

And for that we get to go back to the same deal we had under Obama

What a con
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and that's where we get the phrase 'con man' from.
 
Fogdog

Fogdog

Well-Known Member
HashBucket said:
Just for your info ... awful news ...

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Wall Street Journal
Rank-and-File Workers Get Bigger Raises
Short supply of labor, minimum-wage rises and increased poaching have helped lift wages for lower-income workers
By Eric Morath and Jeffrey Sparshott
Dec. 27, 2019

Wages for rank-and-file workers are rising at the quickest pace in more than a decade, even faster than for bosses, a sign that the labor market has tightened sufficiently to convey bigger increases to lower-paid employees.

Gains for those workers have accelerated much of this year, a time when the unemployment rate fell to century lows. A short supply of workers, poaching, and minimum wage increases has elevated the middle class faster than at any other time.
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It has been decreed by the Emperor:

Whereas 2% growth was once termed stagnant economy, 1.4% growth is the new booming economy.
 
Communist Dreamer

Communist Dreamer

Well-Known Member
schuylaar said:
and that's where we get the phrase 'con man' from.
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Nope.

Conman is a portmanteau of "confidence man."

From the Latin confidentia, meaning "firmly trusting." The prefix con for "together," and the suffix fidere "to trust." The PIE root *bheidh- "to trust, confide, persuade."
 
dandyrandy

dandyrandy

Well-Known Member
Don't worry, the one thing Donald knows how to do is use the opm business technique. He uses Other People's Money never his own. He won't let the economy fail no matter how much we have to borrow...
thehill.com

Recession tops list of CEOs’ economic concerns

American CEOs are most worried about a recession as the new year begins, according to the latest survey by The Conference Board.Economic decline topped the list of concerns for American chief execu…
thehill.com
 
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