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Old 02-14-2018, 04:01 AM #11
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Depends on whether you view facts or view "alternate facts" on Fox "news" , etc.
Auto sales in 2017 dropped for the first time since 2009.
After 8 years of the phony neo-cons raging about the deficit, the "conservatives" had a chance to prove they really were "conservative" = they failed mightily, proving clearly that they were full of shit and that there is no fiscal conservative party - therefore there are no "conservatives" - just neo-cons.
I hope that nobody on this site, regardless of political beliefs, suffers from a disaster caused by the current dumpster fire in the White House.
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Old 05-04-2018, 07:09 AM #12
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The U. S. government cannot print money. It can mint and regulate coinage.

The paper dollar is purchased from the Federal Reserve under a bond. So the government has to pay a fee or interest for it. I wouldn't call it "money". It cannot be redeemed or converted into silver or gold.

Debt to Gross Domestic Product ratio continues to soar, and, after disposing of mainstays like most of the steel and auto industries, the only apparent growth would be in things like stock market manipulation and corporate profits.

In some states, perhaps, the cannabis market may be big enough to stand in place of some dwindling industries; unfortunately, you can't really eat it, drive it, or build infrastructure with it. Hemp can make many useful things, and for a long time you could actually pay taxes with it. On the whole, though, it is fairly cheap.

If you are looking for a job, please line up behind the thousand other folks vying for the same measly position.
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Old 05-04-2018, 08:04 AM #13
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A middle class, has been replaced by a statistic where 60 some percent of the population is one check away from being homeless.

Everything thing is relative to one's perspective.
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Old 05-04-2018, 08:11 AM #14
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Quantitative easing is not sustainable neither is the war machine, outside looking in US economic growth does not out weigh the rust on bridges.
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Old 05-04-2018, 09:12 AM #15
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A middle class, has been replaced by a statistic where 60 some percent of the population is one check away from being homeless.

Everything thing is relative to one's perspective.
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Old 05-04-2018, 09:13 AM #16
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Originally Posted by Ready4 View Post
Depends on whether you view facts or view "alternate facts" on Fox "news" , etc.
Auto sales in 2017 dropped for the first time since 2009.
After 8 years of the phony neo-cons raging about the deficit, the "conservatives" had a chance to prove they really were "conservative" = they failed mightily, proving clearly that they were full of shit and that there is no fiscal conservative party - therefore there are no "conservatives" - just neo-cons.
I hope that nobody on this site, regardless of political beliefs, suffers from a disaster caused by the current dumpster fire in the White House.
truth...
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Old 05-04-2018, 05:01 PM #17
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Obviously part of the answer is whether you consider it legit to count debt-financed spending as income.

One of the interesting charts that's come out recently is, GDP net of debt.

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Old 05-04-2018, 05:46 PM #18
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The rent on my commercial space was $1,700.00 in 2008.

The rent on my commercial space in 2018 is $3,600.00

Same space, same square footage.

Not complaining, just saying.

Economic growth, lol

That's strange. I am a landlord (commercial) and my rents are the same that they were 15 years ago. I can't raise them because this shithole town has a ton of empty space (leftover industrial age).

Yet, my property taxes went from $4000 to over $10,000 and my insurance went from under $600 per year to $5641.13 a year (just paid it today LOL)

Depends where you are. If my building were in the middle of San Fransisco or Manhattan, things would be different.

Rents are cheap in Shithole, USA. LMAO
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Old 05-04-2018, 07:09 PM #19
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That's strange. I am a landlord (commercial) and my rents are the same that they were 15 years ago. I can't raise them because this shithole town has a ton of empty space (leftover industrial age).

Yet, my property taxes went from $4000 to over $10,000 and my insurance went from under $600 per year to $5641.13 a year (just paid it today LOL)

Depends where you are. If my building were in the middle of San Fransisco or Manhattan, things would be different.

Rents are cheap in Shithole, USA. LMAO
GDP/GNP is the summation of all those rents, the ones that gone up and the ones that stayed flat.

What do you guys think is the average rent increase, for commercial space, or residential space, or retail space, whatever you observe - per year ?

I think 5% annual increase, nationwide average, is a conservative estimate for residential rentals.
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Old 05-04-2018, 10:35 PM #20
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The U. S. government cannot print money. It can mint and regulate coinage.

The paper dollar is purchased from the Federal Reserve under a bond. So the government has to pay a fee or interest for it. I wouldn't call it "money". It cannot be redeemed or converted into silver or gold.

...
this is the crux of the biscuit
you may not call it money, but it sure works like money
and the federal reserve isn't the u.s. government, but they serve its purpose
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