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Thank god the UFOs drones have arrived so we can worry about them instead of the collapsing economy

Yeah right. The economy is just horrible. For the last 38 months......every month has set new records in the travel industry. Black Friday accounted for $13.3 BILLION in-store spending and $10.0 Billion for online shopping. But those $3 a dozen eggs are killing us. ;-) ;-) ;-)
plungesponge · 41-45, M
@anythingoes477 You seem to be parroting the mainstream measure of the economy with the amount of dollars being spent. But if I go out today and pay $10,000 for a $10 item made in China, that's a very broken economy that is wasting potential, not an indicator of a healthy one. Especially if that $10,000 was borrowed and given to a huge corporation which doesn't pay taxes, and none of that money went to a variety of homegrown industry. All of the examples you've given are just signs of ballooning prices and debt.
@plungesponge If you understand economics at all....and you obviously do not......the measure of a good economy "IS" based on the amount of money being spent.

The economic problems you describe are you own doing if you actually do the example you mentioned. First off if you need to borrow money you don't have to buy something...no wonder you're in debt. Secondly.....Economics 101 says the ONLY way to have healthy financial economy is to buy things......the circulation of money....."dollars spent". Buying items you need and YOU CAN AFFORD is what makes an economy healthy. And if handing ever higher amounts of extra money to China for every item we buy is a problem......you elected the wrong man. His tariffs is about to add 60% price increases on everything we buy from China. And that same man is exactly who made sure corporations don't pay extra taxes. And in his first administration his tariffs is exactly why items sold here are made overseas. In 2017 1997 corporations that employ over 100 employees filed petitions to the Labor Department to move overseas............and NONE of them have come back. Nabisco...GM moved all small vehicle production to S. Korea. .Ditto for Ford....Harley davidson.....Carrier Air Conditioning........the list goes on...nearly 2000 businesses. Plus over 4000 farmers went bankrupt because we lost overseas grain markets in retaliation to trump's tariffs....which then cost "US" $60 BILLION in tax money to bail out the farmers trump bankrupted. And that was with 15% tariffs. With 60% NOTHING will come back here and even more yet will leave and this time those farmers will be out of business for good.
plungesponge · 41-45, M
@anythingoes477 you mean if I understand the fake mainstream media way of reporting on the economy, it IS based on the amount of money spent. No thanks, I'm not into spreading lies.

If you really believe that's the health of an economy and that "Economics 101" is that the ONLY way to have a healthy economy is to buy things, how about you take out a loan this month and spend a million on junk food. Your spend will look fantastic, what's the problem?

You're trying to argue it both ways by saying a healthy economy is based on non-debt spending and then citing "record spending" in the US, which is more based on debt then ever. Duh
I guess its more refreshing than ranting about athletes not standing for the national anthem.
specman · 51-55, M
Right!
On a good note though some of the Democrats and Republicans have been working together!

 
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