Hey Whirlway the Nation's DP nearly doubled the last quarter

The funniest thing about this thread is that Whirly is advancing the notion that government sponsored healthcare and other so called socialist programs have been good for Canada's economy.

What is even funnier is that he is not smart enough to recognize it!
waverunner234's Avatar
The funniest thing about this thread is that Whirly is advancing the notion that government sponsored healthcare and other so called socialist programs have been good for Canada's economy.

What is even funnier is that he is not smart enough to recognize it! Originally Posted by bigtex
It's not only good for Canada, it's good for many other countries that do economically substantially better than the US.
And is it just a funny coincidence that those countries also have less poverty, lower crime rates, less people locked up in prisons, better education, but MORE Government influence on social issues?

If I only could take the Southern CA climate and the English language with me...............
I've been in Vancouver a couple of times and if the winters were not so cold and so wet, I think I would be moving tomorrow.
(With the added advantage that one of the most beautiful female members of this site also resides there!!)
It's not only good for Canada, it's good for many other countries that do economically substantially better than the US.
And is it just a funny coincidence that those countries also have less poverty, lower crime rates, less people locked up in prisons, but MORE Government influence on social issues?

If I only could take the Southern CA climate and the English language with me...............
I've been in Vancouver a couple of times and if the winters were not so cold and so wet, I think I would be moving tomorrow.
(With the added advantage that one of the most beautiful female
members of this site also resides there!!) Originally Posted by waverunner234
Perhaps one day Whirly will recognize that there are distinct advantages to being able to walk and chew gum at the same time.

Until then he will continue to provide us with comic relief! hell, Whirly is better than Larry the Cable Guy. Perhaps we should name him, Whirly the Clueless Guy!!!!!
Iaintliein's Avatar
I only took one course in economics, but the business I'm in is impacted by commodity prices daily. To my simple point of view, despite the government conveniently leaving out trivial things like the cost of food and fuel in calculating the official "inflation rate", the inflation still exists. A doubling of domestic product (dollars exchanged) doesn't mean much when so many dollars have been printed that the value of each has dropped precipitously.

Ditto for the stock market "rally" those companies didn't suddenly become more productive or really even more profitable in a real sense, they simply raised their prices to compensate for the falling value of the dollar. Sure, the numbers are bigger, but the value underling the numbers has dropped big time, thinking people know this and it's being taken into account by the markets.

We had the "dot com" bubble, then the "housing" bubble, the OWS is a prime example of the "higher education" bubble bursting, and now the Fed is inflating the "money supply" bubble. More of the same, a few in power who hope to make the numbers look good for the next quarter with no thought or care about the long term impact.

The one thing I remember clearly from that single class is that the simplest definition of "economics" is: "the application of finite resources to infinite demands". The current regime tries to turn that on it's head by artificially ignoring the fact that resources (the value represented by the dollar), are in fact, finite, while, at the same time, pretending that demand is "satisfiable" which it never can be.
The current regime tries to turn that on it's head by artificially ignoring the fact that resources (the value represented by the dollar), are in fact, finite, while, at the same time, pretending that demand is "satisfiable" which it never can be. Originally Posted by Iaintliein
Thanks for your expert analysis about the economic policies of the "current regime." I can not help but wonder what your expert analysis would be as it relates to the economic policies of the previous "regime" that left the "current regime" with the worst financial conditions since The Great Depression.
Iaintliein's Avatar
Just a follow up showing the extent of the money supply "bubble".

As anyone who cares to see, can see, the current regime has increased the money supply more in the last few years by much, much more than any other.

http://www.chartingstocks.net/2009/0...ply-1917-2009/

bye now.
wellendowed1911's Avatar
Just a follow up showing the extent of the money supply "bubble".

As anyone who cares to see, can see, the current regime has increased the money supply more in the last few years by much, much more than any other.

http://www.chartingstocks.net/2009/0...ply-1917-2009/

bye now. Originally Posted by Iaintliein
Yeah maybe because the current regime had to fix the shit left by the previous regime. WTF do you expect when the previous regime leaves a trillion dollar war that wasn't paid for and in 2 years Medicare part D will have cost a trillion dollars that also wasn't paid for.
cptjohnstone's Avatar
Thanks for your expert analysis about the economic policies of the "current regime." I can not help but wonder what your expert analysis would be as it relates to the economic policies of the previous "regime" that left the "current regime" with the worst financial conditions since The Great Depression. Originally Posted by bigtex
well you dumb ass donkeys still have to worry about Jeb then there is also "the brown one" who I hear is making good progress in Austin
Nobody who watches Fox News is smart enough to catch ANYTHING.
CuteOldGuy's Avatar
Stevie, I don't watch Fox News since I don't have a TV. Which of their news programs is biased or inaccurate?
waverunner234's Avatar
Stevie, I don't watch Fox News since I don't have a TV. Which of their news programs is biased or inaccurate? Originally Posted by CuteOldGuy
FOX is fair and balanced, at least that is what they say.
I'm still trying to find the fairness and the balance but I have failed so far.
CuteOldGuy's Avatar
But where is the bias?
CuteOldGuy's Avatar
No one can actually CITE to bias on Fox News?
waverunner234's Avatar
2.5% is paltry. Canada had 3.5% (that's a 40% increase over the US GDP). Do your homework and find out why Canada is out performing the US economy. Hint: it has to do with reigned in government spending, less regulations out of Ottawa and lower tax rates. Originally Posted by Whirlaway
For your info, Canada just printed a job LOSS for October of 54,000 while expected was 16,300 gain. Unemployment rate went UP by 0.1%
CuteOldGuy's Avatar
Where is the Fox News bias?