garfield Posted March 10, 2020 Share Posted March 10, 2020 (edited) On 3/7/2020 at 11:01 AM, FTNK said: Oof. I'm just hoping the world economy doesn't collapse, since it never recovered from 2008 despite what they say. https://www.dallasfed.org/institute/update/2017/int1705 Edited March 10, 2020 by garfield 1 Quote Link to comment Share on other sites More sharing options...
N.E. Brigand Posted March 10, 2020 Share Posted March 10, 2020 1 hour ago, garfield said: https://www.dallasfed.org/institute/update/2017/int1705 To be fair, one big driver of the events of 40 months ago was that a lot of people said the economy had never recovered and that's why change was needed. And when shown numbers like the one you share above, which show a recovery seven years earlier, from sources just like that, they typically would respond in one of these two ways: 1. You can't trust what the government is telling us. That's not the "real" number. 2. Oh sure, the stock market recovered and GDP recovered and unemployment recovered, but the first two aren't helping "regular" folks, and the last one is illusory because the new jobs aren't as good as the jobs before 2008. The first argument was pure garbage, especially since those people often point to the exact same sources now as being trustworthy. The second one had, and continues to have, *some* merits. I may not agree with the decision people made in response to their feelings of economic anxiety, but they had valid reasons to feel that way. 1 Quote Link to comment Share on other sites More sharing options...
HockeyDad Posted March 10, 2020 Share Posted March 10, 2020 2 hours ago, garfield said: https://www.dallasfed.org/institute/update/2017/int1705 Yeah. See - it never recovered. 1 Quote Link to comment Share on other sites More sharing options...
HockeyDad Posted March 10, 2020 Share Posted March 10, 2020 28 minutes ago, N.E. Brigand said: To be fair, one big driver of the events of 40 months ago was that a lot of people said the economy had never recovered and that's why change was needed. And when shown numbers like the one you share above, which show a recovery seven years earlier, from sources just like that, they typically would respond in one of these two ways: 1. You can't trust what the government is telling us. That's not the "real" number. 2. Oh sure, the stock market recovered and GDP recovered and unemployment recovered, but the first two aren't helping "regular" folks, and the last one is illusory because the new jobs aren't as good as the jobs before 2008. The first argument was pure garbage, especially since those people often point to the exact same sources now as being trustworthy. The second one had, and continues to have, *some* merits. I may not agree with the decision people made in response to their feelings of economic anxiety, but they had valid reasons to feel that way. You do keep that political drumbeat going. 1 Quote Link to comment Share on other sites More sharing options...
Sutasaurus Posted March 10, 2020 Share Posted March 10, 2020 2 minutes ago, HockeyDad said: You do keep that political drumbeat going. I see it as N.E. Brigand as making a legit case and reinforcing it. 1 Quote Link to comment Share on other sites More sharing options...
HockeyDad Posted March 10, 2020 Share Posted March 10, 2020 40 minutes ago, Sutasaurus said: I see it as N.E. Brigand as making a legit case and reinforcing it. Well I don’t agree. But I try hard to keep those opinions to myself. Because I understand this forum is no place for politics. This is a place to escape politics. So I don’t appreciate it. 5 Quote Link to comment Share on other sites More sharing options...
Sutasaurus Posted March 10, 2020 Share Posted March 10, 2020 (edited) I didn’t ask you to appreciate it. We all have opinions and we all know what they say about opinions. As for “escaping politics on DCP”. Really? Many posts on this site are politically motivated. DCP is no “haven” to escape politics. Sorry, but it’s true. It’s like you going after me for agreeing with another poster on a topic you disagree with. If you “keep your opinion to yourself” why do you feel the need to chastise me? Edited March 10, 2020 by Sutasaurus Quote Link to comment Share on other sites More sharing options...
skevinp Posted March 10, 2020 Share Posted March 10, 2020 36 minutes ago, Sutasaurus said: I didn’t ask you to appreciate it. We all have opinions and we all know what they say about opinions. As for “escaping politics on DCP”. Really? Many posts on this site are politically motivated. DCP is no “haven” to escape politics. Sorry, but it’s true. It’s like you going after me for agreeing with another poster on a topic you disagree with. If you “keep your opinion to yourself” why do you feel the need to chastise me? You might want to take a gander at the guidelines. 🙂 3 2 Quote Link to comment Share on other sites More sharing options...
skevinp Posted March 10, 2020 Share Posted March 10, 2020 3 hours ago, HockeyDad said: You do keep that political drumbeat going. Perhaps he was in the drum line. 1 Quote Link to comment Share on other sites More sharing options...
MikeD Posted March 10, 2020 Share Posted March 10, 2020 Mod hat on... Per the guidelines, political posts are not permitted. Some are getting close to crossing that line, or have even gone slightly over it. Please refrain from making those type of statements here. Before you submit, take a second look and tweak any statements that are politically charged one way or the other. Thanks 1 Quote Link to comment Share on other sites More sharing options...
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