03-07-2020, 04:59 PM
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#1 (permalink)
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Not Doug
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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?
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"Oh if you use math, reason, and logic you will be hated."--OilPan4
Last edited by Xist; 03-07-2020 at 05:15 PM..
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03-07-2020, 05:02 PM
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#2 (permalink)
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Corporate imperialist
Join Date: Jul 2011
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Then they would pull an Obama, increase government spending to make it "technically not a recession".
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1984 chevy suburban, custom made 6.5L diesel turbocharged with a Garrett T76 and Holset HE351VE, 22:1 compression 13psi of intercooled boost.
1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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03-07-2020, 05:13 PM
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#3 (permalink)
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Not Doug
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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
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"Oh if you use math, reason, and logic you will be hated."--OilPan4
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03-07-2020, 05:55 PM
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#4 (permalink)
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Corporate imperialist
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Yes anything w and orange man does is bad.
Even if Obama did it.
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1984 chevy suburban, custom made 6.5L diesel turbocharged with a Garrett T76 and Holset HE351VE, 22:1 compression 13psi of intercooled boost.
1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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03-07-2020, 07:40 PM
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#5 (permalink)
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Rat Racer
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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.
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Quote:
Originally Posted by sheepdog44
Transmission type Efficiency
Manual neutral engine off.100% @∞MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%
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03-07-2020, 08:29 PM
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#6 (permalink)
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Not Doug
Join Date: Jun 2012
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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.
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"Oh if you use math, reason, and logic you will be hated."--OilPan4
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03-07-2020, 08:58 PM
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#7 (permalink)
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Human Environmentalist
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Xist- You ever think about starting a response to Youtube videos, video channel?
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03-07-2020, 09:41 PM
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#8 (permalink)
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Corporate imperialist
Join Date: Jul 2011
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Giving money to the poor is the best way to get it in the hands of drug dealers.
__________________
1984 chevy suburban, custom made 6.5L diesel turbocharged with a Garrett T76 and Holset HE351VE, 22:1 compression 13psi of intercooled boost.
1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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03-07-2020, 09:56 PM
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#9 (permalink)
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Not Doug
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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.
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"Oh if you use math, reason, and logic you will be hated."--OilPan4
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03-07-2020, 10:13 PM
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#10 (permalink)
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Not Doug
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“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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"Oh if you use math, reason, and logic you will be hated."--OilPan4
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