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On 07/04/2011 5:48 PM, bob wrote:
On Thu, 07 Apr 2011 15:58:33 -0600, wrote: On 07/04/2011 3:23 PM, wrote: On Thu, 07 Apr 2011 15:14:20 -0600, wrote: On 07/04/2011 2:29 PM, Frogwatch wrote: The thing the statists fear the most about a govt shutdown is that people may find they are either better off without the overbearing govt or that it simply does not matter to them. This will reveal the awful truth of how obsolete statism really is. Belgium has shut down a major part of their federal government for 8 months or something like that. The majority of people are considering making it permanent. So what if Johny with a zero credit rating and no job can't get a loan from GMAC or Freddy/Fanny? Savings will be huge! You're so incredibly stupid it's hard to respond in a cogent way. You apparently support dumping 800,000 people into unemployment right when there's a glimmer of a recovery in process. There is no recovery. GDP is growing Depends on how you calculate it. If you calculate it in devaluing currency it is. If you calculate in value your imploding. Value calculations show commodities expanding 4 times that of GDP. So if GDP dollar growth is say 3%, and inflation is 12%, well, your shrinking in value by 9%. Forget dollars, they have no immutable value, just a piece of depreciating paper. How many ounces of gold did you make last month? How many barrels of oil or pounds of copper? If you calculate it in hard constant value such as an ounce of gold is an ounce of gold, the US economy is shrinking. That is, you never left the depression on a value basis. unemployment is down Fewer people working, those that are make less with less benefits, record numbers of over 6 months unemployed, fewer looking for work that isn't there.... to the right wing this is a pity. it means the middle class may not go into slavery after all We will see. But quite a few will never see middle class after their wipe outs. Hey, the system is loaded with pork. gee. like the gov of wisconsin who broke the unions then gave a rich buddy's son an 81,000 job? I never said they were not corrupt. Heck, the entire government system is corrupt and a giant fraud. just waiting for the big crash. |
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