It's the economy, stupid.

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bannination
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Re: It's the economy, stupid.

Unread post by bannination » Sun Sep 07, 2014 7:26 pm

Oh man, too bad we don't have ThisisGene here to witness this.
When I was a small girl, I dreamt of standing in a room, looking at a girl who was and was not myself, who stood looking at another girl who was and was not myself. My mother took this as a nightmare. I saw it as the beginning of a career in physics.

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neoplacebo
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Re: It's the economy, stupid.

Unread post by neoplacebo » Mon Sep 08, 2014 6:17 pm

bannination wrote:Oh man, too bad we don't have ThisisGene here to witness this.
That's weird; the main owner of the company I work for is named Gene; I've not had a pay raise in six or seven years. Maybe I should have been a detective.

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neoplacebo
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Re: It's the economy, stupid.

Unread post by neoplacebo » Mon Sep 08, 2014 8:15 pm

Vrede wrote:Different one. Our BRN ThisisGene is a Social Studies teacher in the Gaston County schools, and his real name isn't Gene.
Well, that's a relief; Social Studies? hilarious.

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O Really
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Re: It's the economy, stupid.

Unread post by O Really » Mon Sep 08, 2014 8:22 pm

neoplacebo wrote:
Vrede wrote:Different one. Our BRN ThisisGene is a Social Studies teacher in the Gaston County schools, and his real name isn't Gene.
Well, that's a relief; Social Studies? hilarious.
Well, hilarious if it's not your kid in his class. The guy was a real loon.

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neoplacebo
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Re: It's the economy, stupid.

Unread post by neoplacebo » Mon Sep 08, 2014 8:26 pm

O Really wrote:
neoplacebo wrote:
Vrede wrote:Different one. Our BRN ThisisGene is a Social Studies teacher in the Gaston County schools, and his real name isn't Gene.
Well, that's a relief; Social Studies? hilarious.
Well, hilarious if it's not your kid in his class. The guy was a real loon.
Gee, my condolences....it's shocking to know that someone here has personal experience with such an educational oxymoron. It's like having Thom Tillis for a neighbor I guess; maybe worse.

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O Really
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Re: It's the economy, stupid.

Unread post by O Really » Mon Sep 08, 2014 9:03 pm

neoplacebo wrote:[
Gee, my condolences....it's shocking to know that someone here has personal experience with such an educational oxymoron. It's like having Thom Tillis for a neighbor I guess; maybe worse.
You may have read more into my post than I intended. It wasn't my kid. If it had been, I'd have moved her somewhere else, no matter the cost or inconvenience.

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indago
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Re: It's the economy, stupid.

Unread post by indago » Mon Oct 20, 2014 7:38 pm

Kevin Short wrote for HuffPo 15 October 2014:
---------------------------------------------------------------------
Sixty-eight percent of the top 100 retail companies in the U.S. — a group that includes, Walmart, Apple, McDonald's and J.C. Penney — say the country's stagnant wages pose a major threat to their bottom lines, according to a new report by the Center For American Progress, a left-leaning think tank. Researchers analyzed the most recent SEC 10-K filings of the largest 100 retailers in the country and found that more than two-thirds of these corporations issued warnings to investors that profits could be hampered by flat wages, high unemployment and low consumer spending. The trend is hammering companies that target high-income customers, like Whole Foods and Dillard's, and those that market to low-income shoppers, like Dollar General and T.J. Maxx, according to the report.

...DineEquity, which owns Applebee's and IHOP, identified falling wages as a key risk to its restaurants in its 2013 10-K filing.

“If our customers’ disposable income available for discretionary spending is reduced … our business could experience lower sales and customer traffic as potential customers choose lower-cost alternatives," the company wrote.

Even chains like Burger King acknowledge their sales are dampened by low wages.
---------------------------------------------------------------------

article

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bannination
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Re: It's the economy, stupid.

Unread post by bannination » Mon Oct 20, 2014 8:04 pm

indago wrote:Kevin Short wrote for HuffPo 15 October 2014:
---------------------------------------------------------------------
Sixty-eight percent of the top 100 retail companies in the U.S. — a group that includes, Walmart, Apple, McDonald's and J.C. Penney — say the country's stagnant wages pose a major threat to their bottom lines, according to a new report by the Center For American Progress, a left-leaning think tank. Researchers analyzed the most recent SEC 10-K filings of the largest 100 retailers in the country and found that more than two-thirds of these corporations issued warnings to investors that profits could be hampered by flat wages, high unemployment and low consumer spending. The trend is hammering companies that target high-income customers, like Whole Foods and Dillard's, and those that market to low-income shoppers, like Dollar General and T.J. Maxx, according to the report.

...DineEquity, which owns Applebee's and IHOP, identified falling wages as a key risk to its restaurants in its 2013 10-K filing.

“If our customers’ disposable income available for discretionary spending is reduced … our business could experience lower sales and customer traffic as potential customers choose lower-cost alternatives," the company wrote.

Even chains like Burger King acknowledge their sales are dampened by low wages.
---------------------------------------------------------------------

article

That's what I call irony.
When I was a small girl, I dreamt of standing in a room, looking at a girl who was and was not myself, who stood looking at another girl who was and was not myself. My mother took this as a nightmare. I saw it as the beginning of a career in physics.

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rstrong
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Re: It's the economy, stupid.

Unread post by rstrong » Tue Nov 11, 2014 12:39 am


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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Sun Aug 14, 2016 12:22 pm

So many liberals, so little time. :P

Seth Milner
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Re: It's the economy, stupid.

Unread post by Seth Milner » Sun Aug 14, 2016 12:37 pm

Confusing thread. :-0?> Where's the initial post that led to the posting of this thread?
Don't take life too seriously; No one gets out alive

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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Sun Aug 14, 2016 12:41 pm

I probably started it as the now deleted "Vrede", but it could have been another poster that was stalked in real life who got her/his account deleted.
So many liberals, so little time. :P

Seth Milner
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Re: It's the economy, stupid.

Unread post by Seth Milner » Sun Aug 14, 2016 12:48 pm

Thanks. :thumbup:
Don't take life too seriously; No one gets out alive

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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Sun Jan 01, 2017 1:36 pm

4 things that were supposed to happen by 2017 because Obama was reelected

1. Gas was supposed to cost $6.60 (or more) per gallon. - Senator Mike Lee (R-UT), Newt Gingrich.

2. Unemployment was supposed to be stuck at over 8% - Mitt Romney.

3. The stock market was supposed to crash - Charles Bilderman, Donald Trump, Marc Faber, many others.

4. The entire U.S. economy was supposed to collapse - Rush Limbaugh.
So many liberals, so little time. :P

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JTA
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Re: It's the economy, stupid.

Unread post by JTA » Sun Jan 01, 2017 2:18 pm

I graduated college right when the recession hit. Was broke as shit, had zero assets, and had a small chunk of debt. During Obama's presidency my financial well being has improved dramatically.

Thanks Obama! :thumbup:
You aren't doing it wrong if no one knows what you are doing.

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billy.pilgrim
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Re: It's the economy, stupid.

Unread post by billy.pilgrim » Sun Jan 01, 2017 2:51 pm

bannination wrote:Oh man, too bad we don't have ThisisGene here to witness this.

he was truly a dancing machine



https://www.bing.com/videos/search?q=ge ... ORM=VRDGAR
"Whenever injustices have been remedied, wars halted, women and Blacks and Native Americans given their due, it has been because “unimportant” people spoke up, organized, protested, and brought democracy alive." H. Zinn

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JTA
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Re: It's the economy, stupid.

Unread post by JTA » Sun Jan 01, 2017 2:54 pm

billy.pilgrim wrote:
bannination wrote:Oh man, too bad we don't have ThisisGene here to witness this.

he was truly a dancing machine
My favorite part of this election is the uncovering of people's blatant hypocrisy and moral ambiguity when it comes to supporting their political team over their opponent's.
You aren't doing it wrong if no one knows what you are doing.

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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Sun Jan 29, 2017 8:46 am

President Trump’s alternative facts have foreigners and bureaucrats, not the top 1 percent, reaping the gains from economic growth

... This speech is clarifying in that he identifies foreigners and “a small group in our nation’s Capital [sic]” as the big winners. Totally absent from his speech is the “small group” that has actually done very well and whose gains genuinely crowded-out potential growth for the vast majority of American households: the top 1 percent.

It’s unclear what evidence Trump could be referring to when decrying that “small group in our nation’s Capital” as the winners in recent decades. Since the recovery from the Great Recession began, for example, federal spending has grown more slowly than in nearly every other post-war recovery.

There is similarly thin evidence that the losses of American low and middle-wage workers have been gains for workers abroad. Trump is not alone in this strange belief that increases in living standards and wages in developing countries around the world were only possible because American wages near-stagnated for typical workers in recent decades, but he is wrong nonetheless.

To be fair, a corrupt political system and globalization are some ingredients of a pretty good analysis of recent decades. But what’s missing—and this is key—is that these have been damaging because they have been used as tools by capital-owners and corporate managers to shift bargaining power and economic leverage away from typical American workers....

Crucially, in regard to trade, agreements like the North American Free Trade Agreement (NAFTA) did not make either politicians in DC or workers in Mexico and Canada rich. Instead, it made American, Mexican, and Canadian capital-owners and managers richer by strengthening their hand in bargaining with workers....

Telling a convincing story of the decline of American working and middle-classes without mentioning the astronomical growth of the top 1 percent is awfully hard. And substituting in vague foreigners and politicians for the top 1 percent as the beneficiaries of recent decades is definitely not convincing. But one gets the sense that Trump is not really trying to be convincing, instead he’s actively trying to hide the ball by channeling anger toward scapegoats and away from the real root of America’s economic woes.
So many liberals, so little time. :P

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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Thu Aug 03, 2017 11:36 am

'That doesn't just happen!': Trump continues to boast about the stock market

Dow Jones Industrial Average 1/20/16: 15,767.
Dow Jones Industrial Average 1/20/17: 19,827, a 26% increase in Obama’s last year.
Dow Jones Industrial Average today: 22,021, an 11% increase in Dolt .45’s first 6 months. Obama’s gains were better.
Plus, Dolt .45 hasn’t yet signed anything that affects the economy. Once he does, it will take 6 months to a year to have an affect.
In other words, THANKS OBAMA!
So many liberals, so little time. :P

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Vrede too
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Re: It's the economy, stupid.

Unread post by Vrede too » Fri Aug 25, 2017 12:07 pm

Vrede too wrote:
Wed Aug 09, 2017 8:43 am
Vrede too wrote:
Sat Jul 29, 2017 7:41 pm
... between the Russia scandal, the collapse of DonTcare and Dolt .45's increasingly erratic behavior, I think the markets will get nervous and the Trump Crash may be coming soon. So, I've now reallocated away from stocks and into safer securities. Hopefully, there won't be some drastic change on Monday before my changes go through. I did not go all the way, though. We'll see if I'm too optimistic or pessimistic. Today's DJA is 21,830 and the Nasdaq is 6,375.
Too soon to make any judgements, but I wanted to add the S&P 500 INDEX to the monitoring. On July 29 it was at 2,472. I don't know which if any of these my 403B is more closely tied to.

Aug. 9:
DJA - 22,085
Nasdaq - 6,370
S&P 500 - 2,475
Trump and his GOP allies could roil markets this fall

Since July 29, 2017:

DJA - 21,830 > 21,833
Nasdaq - 6,375 > 6,270
S&P 500 - 2,472 > 2,444

http://money.cnn.com/data/markets/
So many liberals, so little time. :P

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