Thread: What recession?

Originally Posted by Blueneck

And depending where you live...



Michigan is still at No. 1 in unemployment with 8.5%.

toledoblade.com -- Ohio unemployment rate soars to 7.2% in July

Seems like a good time to move away from Ohio and Michigan.

Originally Posted by BillyBob

Seems like a good time to move away from Ohio and Michigan.

I did in 1982...never looked back:waving:

Originally Posted by conservative

I did in 1982...never looked back:waving:

Me too, right around the same time.

God Bless Tennessee.

Originally Posted by BillyBob

Me too, right around the same time.

God Bless Tennessee.

I like Tennessee....Think I may retire in the mountains...just not near Al Gore's mansion.

Actually, I forget the publication I read this is (possibly the economist) but they made a solid argument that things like "stimulus checks" actually increase inflation at a higher rate.

Originally Posted by TheHangingChad

Actually, I forget the publication I read this is (possibly the economist) but they made a solid argument that things like "stimulus checks" actually increase inflation at a higher rate.

That makes sense to me.

A sudden influx of cash into the system would create more demand, driving up prices, in my esteemed opinion.

Well your right Think, you can't print money without devaluing what has already been printed. It is a major flaw in the system that will eventually destroy the economy. This administration has devalued the dollar from an already beaten dollar by around 60%. This makes all the numbers you see in the GDP, markets or whatever, meaningless, until you do the math. The market in real standards, in the real world is down by huge amounts, as is your income. Hence the new upcoming wave of foreclosures.

Originally Posted by michaelr

Well your right Think, you can't print money without devaluing what has already been printed. It is a major flaw in the system that will eventually destroy the economy. This administration has devalued the dollar from an already beaten dollar by around 60%. This makes all the numbers you see in the GDP, markets or whatever, meaningless, until you do the math. The market in real standards, in the real world is down by huge amounts, as is your income. Hence the new upcoming wave of foreclosures.

Now , Now, the government would not lie to us, hell their omniscient.