United States First Quarter Contraction.

Discussion in 'Latest US & World News' started by Jacob E Mack, Apr 29, 2020.

  1. TOG 6

    TOG 6 Well-Known Member

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    When?
    Based on what information?
    I didn't mention The Obama - you did.
    Apology accepted.
     
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  2. Jacob E Mack

    Jacob E Mack Well-Known Member

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    Exactly
     
  3. Jacob E Mack

    Jacob E Mack Well-Known Member

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    January data.
     
  4. Giftedone

    Giftedone Well-Known Member Past Donor

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    I would ! - and have given him credit for many things and think Trumps handling of the crisis is fine. He has no control over the economy - other than to throw money at it.

    In all likelihood the numbers are not going to be good come November - Unemployment will one of the sore spots for sure. This is not Trumps fault - and neither would be a quick recovery be to his credit (although he will take it should such a thing happen).

    Nothing above constitutes something I would base my vote on.
     
  5. Robert E Allen

    Robert E Allen Banned

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    Good grief.. this was all caused by covid 19 and our reaction to it. The only bad underlying conditions are national debt , bloated government and reliance on foreign goods.

    Cut government in half, pay off our debt and restraints on our economy disappear
     
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  6. Jacob E Mack

    Jacob E Mack Well-Known Member

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    That's some bold claims. Can you share why you think that way?
     
  7. Robert E Allen

    Robert E Allen Banned

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    Why do I think that?

    America is broke!. We do not have nor can we get the money to pay our debt and continue with the level of spending in our current budgets, it's really the simplest of math.
    We cannot increase revenues so we have to cut costs. That means cutting the size of government.

    It's very simple logic. The only people who want to say it's more complex are people who want an unconstitutional federal government like we have now and people who want to get reelected by promising people stuff with our grand kids money.
     
  8. Jacob E Mack

    Jacob E Mack Well-Known Member

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    How is the US broke, and why? I don't see it.
     
  9. Robert E Allen

    Robert E Allen Banned

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    How is the USA broke???
    https://www.usdebtclock.org/

    why is America broke? because we for the last 100 years spent too much money on big government.
     
  10. Jacob E Mack

    Jacob E Mack Well-Known Member

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    Really? How do you define big government? Has Trump expanded government too?
     
  11. Robert E Allen

    Robert E Allen Banned

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    Yes he has and that's bad...
    A government that is too big for it's people to pay for is a good place to start for a definition but there is a lot more to it.
    In America you could also say when it starts trampling on the rights of the people. Or when the majority start using the government to oppress.

    All of these things are occurring in America right now to varying degrees all of them increasing and the majority thinks it's their right to impose their will on everyone else. Even to the point of violating the constitution.
     
    Last edited: May 2, 2020
  12. Jacob E Mack

    Jacob E Mack Well-Known Member

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    You are libertarian?
     
  13. Robert E Allen

    Robert E Allen Banned

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    I don't lable myself. However
    True conservatism is just the politicization of common sense.

    And the good of the many is only preserved when the good of every individual is paramount. That is to say we are only a free country when we protect individual liberties.

    Taken to extremes anarchy is preferable to tyranny.
     
  14. Jacob E Mack

    Jacob E Mack Well-Known Member

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    I see you began describing what conservatism means to you, but can you provide specifics on what it means for you to be Conservative? Don't the rights of good of all individuals often conflict? Does true anarchy even exist.
     
  15. Robert E Allen

    Robert E Allen Banned

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    No, i didn't describe what it means to me. I described what it is.

    No , rights don't come into conflict.

    People call things rights that are not rights.

    I have the right to do as i please on my property... you don't have the right to not have your property values lowered because your neighbors has 15 old cars on his property.( just an example)
     
    Last edited: May 2, 2020
  16. Jacob E Mack

    Jacob E Mack Well-Known Member

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    I see. You take a hard line. Thanks. Barry Goldwater.
     
    Last edited: May 2, 2020
  17. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    Excuse my French, but 'precisement ! '
     
  18. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    You have a right to do as you please as long as it's legal, and not a hazard to neighbors and the community, right?
     
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  19. Robert E Allen

    Robert E Allen Banned

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    Many restrictions on behavior (laws) are unconstitutional. As the constitution was not written to enumerate what we can and can't do but to limit governments control over us.
    States and communities should be barred from making laws that are more restrictive than the constitution.
     
  20. Shonyman32

    Shonyman32 Well-Known Member

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    Debt to GDP is over 100%

    Debt to income for a person to obtain a home loan is roughly 43% .

    We also passed 3 trillion some odd dollars this year of extra money. We are 20+ trillion in debt and Republicans and democrats are both terrible when it comes to spending. We dont currently have a third party to fall back on.
     
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  21. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    You and I are not arbiters of what is 'constitutional', and the constitution created the Supreme Court for precisely that purpose to arbit what is, and what is not, constitutional, and it is constitutional that the supreme courts ruling on the Constitution shall stand. Does that mean they won't adjust as society evolves, that a later court won't rule to overrule prior decisions? No of course not. They understood and had the wisdom to foresee that nations evolve over time, and that if a document to be endowed with the wherewithal to withstand centuries, it must be, absolutely must NOT be an inflexible document.

    The founders left open the potential for amendments and SCOTUS interpretations and reinterpretations, noting that precedence of court rulings is a long held tradition ( and rightfully so), so it seems they intended for it to NOT be in inflexible document, but noting they created a system to disallow changes willy nilly. That does not mean a judge has license to blatantly contradict what is obvious in print, either. But there is plenty of room for interpretation, particularly in the arena of penumbras, which the SCOTUS has determined to be components of the 1st, 3rd, 4th, 5th, 9th, and possibly the 14th amendments.

    Anyone, when encountering a law they believe to be unconstitutional, is free to sue and eventually bring it to the Supreme Court, and if they don't accept the case, it means they believe the lower court;s ruling is adequate, which, in either course, is the SCOTUS ruling on the constitutionality of the law in question either directly or indirectly.

    so, sue, otherwise, complaints about the constitutionality of a law you don't like is just that, a complaint. Fortunately, you are protected by the 1st Amendment.
     
    Last edited: May 3, 2020
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  22. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    I do agree with that position. However, the sad thing is, what would have been the outcome if Congress didn't attempt to prop up the economy which is being devasted by the virus? Logic dictates that the future isn't bright, so, buckle up, bumpy as hell road ahead.
     
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  23. Jacob E Mack

    Jacob E Mack Well-Known Member

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    100%
     
  24. Shonyman32

    Shonyman32 Well-Known Member

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    People knowing they will be bailed out is even worse in my opinion. I'd rather have a rough road ahead then give out handouts. That way the next struggle wont be as bad hopefully. Regardless I dont like handouts
     
  25. Jacob E Mack

    Jacob E Mack Well-Known Member

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    It is money from our own taxes, and in an emergency so how is it a handout?
     

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