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-   -   What would it take for the U.S. to enter a recession? (https://ecomodder.com/forum/showthread.php/what-would-take-u-s-enter-recession-38215.html)

Xist 03-07-2020 04:59 PM

What would it take for the U.S. to enter a recession?
 
I think that it was Dave Ramsey that said the definition was simply six months in a row of a decline of GDP. Meet Kevin did a bunch of talking and math and said that if every man, woman, and child spent an average of $87 less monthly the GDP would shrink enough to enter a recession. What do you guys think? Was the punchline buried so far this was clickbait? Is he wrong? Should I get a Spongebob piņata for Xistday? https://www.youtube.com/watch?v=vqeFtih1bdI

oil pan 4 03-07-2020 05:02 PM

Then they would pull an Obama, increase government spending to make it "technically not a recession".

Xist 03-07-2020 05:13 PM

When it should have been classified as a depression? Who reclassified a hurricane into a superstorm? President Obama had a stimulus bill that only directly helped taxpayers when they filed taxes, while W. sent checks, but everything that W. did was bad?

Politics are fun. Hairy Reed said that old people love junk mail, "It's sometimes their only way of communicating or feeling like they're part of the real world" https://thehill.com/blogs/floor-acti...al-reform-bill

oil pan 4 03-07-2020 05:55 PM

Yes anything w and orange man does is bad.
Even if Obama did it.

Fat Charlie 03-07-2020 07:40 PM

I didn't get a check from W, but I did see the "only helps you when you file" bump. The IRS' guidance was for companies to reduce witholding to match the change. If your company didn't reduce witholding, you'd simply see a larger return when you filed. If they did, you saw a bit extra in each paycheck. I'm going to guess the checks were sent to people who made little enough that the result would have been a check anyway.

Giving money directly to the poor is the best way to get money flowing in the economy. People with more money would throw it at savings or debt instead of buying things with it.

Xist 03-07-2020 08:29 PM

Allegedly about 75% of Walmart's inventory comes from China, although as far as I can tell, a union came up with that number. News sites may have used that statistic, though. https://www.americanmanufacturing.or...america-pledge

When I go shopping, I try to find the best-looking cashier, although that is often me. However, I think that the only manned register in the Show Low Walmart is for cigarettes.

I never need help finding anything. On the rare occasions I tried asking for help I always regretted it. My only option is self-checkout, so when poor people go to Walmart, we finance the stockers and self checkout supervisors, with a large amount of money going to China?

Our only option for food is Safeway, which supposedly pays less(!), although at least they almost always have human cashiers, and if I needed help finding something, I would have confidence in the employees.

Everyone wants a better supermarket to move into the old Kmart.

redpoint5 03-07-2020 08:58 PM

Xist- You ever think about starting a response to Youtube videos, video channel?

oil pan 4 03-07-2020 09:41 PM

Giving money to the poor is the best way to get it in the hands of drug dealers.

Xist 03-07-2020 09:56 PM

I have all kinds of opinions, but people rarely seem to care about them--except to refute my sources without providing their own. I rarely care enough to go on rants like Shouty and if, for example, I responded to someone else's video, I would want to say "I like a, b, and c, but I disagree with x, y, and z."
I do not know how many people want to watch someone attempting to be calm and rational.

Or just complain about what went wrong when I finally got around to working on projects.

Xist 03-07-2020 10:13 PM

“Giving [people] more money would do absolutely nothing ... probably all it would do is give drug dealers more money and give pubs more money”--Anne Ruston, Australian social services manager. https://www.google.com/amp/s/amp.the...-minister-says

They did not provide any counter-arguments, just that pepper were offended.


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