US Economy

FuNsTeR · Dec 30, 2003, 03:29 PM

is it totally f*cked or can the yanks pull themselves out the sh*te .... Dollar plumeting , Jobs plumeting , increasing debt ... things seem to be going wrong with the US Economy since Clinton left office ...... is the current US regime incompotent or is it a wrong /flawed perception from a Non American

American view points on how their country's economy is fairing would be much appreciated on this side of the pond because when the US sneezes the rest of the world catches a cold thus how the US economy performs has a bearing on all our economies

ps remember people this is not a flame

@/2ct!< · Dec 30, 2003, 04:02 PM

& what, exactly, makes you so sure our economy is that bad right now?

zerodamage · Dec 30, 2003, 04:29 PM

All of the economic data I've seen shows our economy going back on track. We will know more after the new year in regards to game sales and holiday retail sales and etc, But this may be the strongest our economy has been since Clinton left office.

The_Neon_Cowboy · Dec 30, 2003, 04:37 PM

All of the economic data I've seen too shows our economy going back on track.
were is the thread starter getting his info?

Davidgt · Dec 31, 2003, 11:13 AM

hum the dow is over 10,000 nasdaq over 1,000 id say its doing pretty well

digerati · Dec 31, 2003, 11:21 AM

The economy is rising. And you can actually thank Clinton and his democrats for the setback in the economy. I know our California government down the crapper because of Davis and his democrat sluts spending tax money that didn't exist during the dotcom craze. Clinton didn't give us a surplus, he just transfered money over by cutting it out of other places to make it look like he did a fantastic job!

zerodamage · Dec 31, 2003, 11:35 AM

Clinton just cut back spending where it was needed, such as the military and intelligence services.

Davidgt · Dec 31, 2003, 01:35 PM

lol you dont cut military and inteligence spending I was in the army with clinton it got so bad we had to buy our own tolit paper cause of budget cutbacks

UberLord · Dec 31, 2003, 02:14 PM

Quote:

Originally posted by Davidgt
lol you dont cut military and inteligence spending I was in the army with clinton it got so bad we had to buy our own tolit paper cause of budget cutbacks

That's not a valid excuse. When cuts are required, why whould the military and intelligence be exempt? Just because they didn't buy enough paper to wipe your butt with? But then if you had the paper to wipe with, little Jonny - maybe your son - can't get health care!

But thats OK - you've got a clean arse!

bird chest · Dec 31, 2003, 02:27 PM

Quote:

Originally posted by UberLord
That's not a valid excuse. When cuts are required, why whould the military and intelligence be exempt? Just because they didn't buy enough paper to wipe your butt with? But then if you had the paper to wipe with, little Jonny - maybe your son - can't get health care!

But thats OK - you've got a clean arse!

The point is is that Clinton did not cut pay across the board he cut pay in military intelligence.

Liberals live in a dream world one where the military is not needed and universal healthcare for everyone. I hope your dream comes true but for now all it is is a dream. So the government should by the toilet paper and little jonny can make some of his own money instead of mooching off everyone elses tax money. Not to say there aren't some people who need healthcare I just think it is over used.

FuNsTeR · Dec 31, 2003, 05:05 PM

this comes from Money markets stating the US economy announced poor figures , the Dollar is in a mini slump with both the pound and the Euro , Cnn also stated the other day that things are not going as planned with the job figures, also when was the Last time the Exchange rate with the pound / Dollar at $1.75 for £1 , your country is borrowing a sh!t load more to cover the costs of Tax cuts & massive hikes in military spending ... it does not bode well for you at all

bird chest · Dec 31, 2003, 07:43 PM

Quote:

Originally posted by FuNsTeR
this comes from Money markets stating the US economy announced poor figures , the Dollar is in a mini slump with both the pound and the Euro , Cnn also stated the other day that things are not going as planned with the job figures, also when was the Last time the Exchange rate with the pound / Dollar at $1.75 for £1 , your country is borrowing a sh!t load more to cover the costs of Tax cuts & massive hikes in military spending ... it does not bode well for you at all

The weak dollar is good for the US right now because it helps fix our trade imbalance. One of Bush's financial advisors publicly announce that the white house would support a weak dollar. The borrowing is short term hopefully but I agree we as a country need to cut back in spending. However other countries debts are much more intimidating like japans even though it is smaller in comparison to their gdp it is worse.

The_Neon_Cowboy · Dec 31, 2003, 08:16 PM

Quote:

Originally posted by zerodamage
Clinton just cut back spending where it was needed, such as the military and intelligence services.

wich also hard a part to play in 9/11

Quote:

Originally posted by UberLord
That's not a valid excuse. When cuts are required, why whould the military and intelligence be exempt? Just because they didn't buy enough paper to wipe your butt with? But then if you had the paper to wipe with, little Jonny - maybe your son - can't get health care!

But thats OK - you've got a clean arse!

there both nessaties of the gov. to be about to protect it self and it citizens...

Quote:

Originally posted by FuNsTeR
this comes from Money markets stating the US economy announced poor figures , the Dollar is in a mini slump with both the pound and the Euro , Cnn also stated the other day that things are not going as planned with the job figures, also when was the Last time the Exchange rate with the pound / Dollar at $1.75 for £1 , your country is borrowing a sh!t load more to cover the costs of Tax cuts & massive hikes in military spending ... it does not bode well for you at all

compaired the the dallor's all trime high yea it low but the dallor is doing better... cnn als was saying how stocks are expected to raise in Q1 and there is great expectation for the rest of the year. Apromising outlook. they were quiteinh undervalued stocks that should bouble and triple in the comeing months. as for the job market this is a low time of year.. after the sales season sales drop. it a fact every single year. seasonal workers are no longer needed and lay off or let go.

Quote:

Originally posted by bird chest
The weak dollar is good for the US right now because it helps fix our trade imbalance. One of Bush's financial advisors publicly announce that the white house would support a weak dollar. The borrowing is short term hopefully but I agree we as a country need to cut back in spending. However other countries debts are much more intimidating like japans even though it is smaller in comparison to their gdp it is worse.

when it come to money i don't think bus has a clue..... we went from hundreds of billions in surplus to deficents so far in office... states were settinmg on billion dallor surplus to. now the states have had to rasie taxes like sales tax etc. just to try to stay afloat... bush is killing the gov. $$$ wise

bird chest · Dec 31, 2003, 08:29 PM

Quote:

Originally posted by The_Neon_Cowboy
when it come to money i don't think bus has a clue..... we went from hundreds of billions in surplus to deficents so far in office... states were settinmg on billion dallor surplus to. now the states have had to rasie taxes like sales tax etc. just to try to stay afloat... bush is killing the gov. $$$ wise

We never had a surplus under Clinton. After stealing the money from social security we had a surplus but on his own we have never ever had a year of surplus since Eisenhower. Ther are just fake surpluses. Clinton took a thriving economy from bush and did not ruin it but slowed it down not totally his fault economies go up and down but he did not attempt to fix it.

digerati · Jan 1, 2004, 01:58 AM

Quote:

Originally posted by The_Neon_Cowboy

when it come to money i don't think bus has a clue..... we went from hundreds of billions in surplus to deficents so far in office... states were settinmg on billion dallor surplus to. now the states have had to rasie taxes like sales tax etc. just to try to stay afloat... bush is killing the gov. $$$ wise

Clinton cooked the books, not spending money on military and intelligence as well as other places where it was needed and pumped it into our debts to make it look great. Not so, Bush just shifted the money back, and now you can see the red that Clinton left behind.

studbagel9 · Jan 1, 2004, 02:27 AM

It's all partisan either way you look at it, liberals blaming conservatives and vice versa. The only way everyone one will be happy is if... oh wait, there will never be a time when everyone is completely satisfied with their governments, sorry, forget I spoke up ;p.

Davidgt · Jan 1, 2004, 03:08 AM

uberlord I promise you do not want healthcare system goverment controled lol ever been to cananda? try to get a mri there......... enjoy waiting 3-4 months Here you can get usally in the same visit! reason why health care is so high is fraud. insurance fraud do alittle resarch

Davidgt · Jan 1, 2004, 03:11 AM

Also Little johnny mom and dad can go get a job and get the hell off walefare!

The_Neon_Cowboy · Jan 1, 2004, 03:48 AM

Quote:

Originally posted by bird chest
We never had a surplus under Clinton. After stealing the money from social security we had a surplus but on his own we have never ever had a year of surplus since Eisenhower. Ther are just fake surpluses. Clinton took a thriving economy from bush and did not ruin it but slowed it down not totally his fault economies go up and down but he did not attempt to fix it.

dude the money for bushes iraqy war.... came from money that should of went to Social Securty!

and it was a fact their supluses it was all over the media.... expecailly before bush preposed his tax cuts plans... thier was a huge federal suplus before emplimented his tax cuts and his tax rebate checks ...

tell me how clintion efected out state $$$ hmm?
as i understanding sume cutting of stae funding has occured...
we had about 2 billion surplus as a state. they've had to raise sales/property taxes just to say afloat

The_Neon_Cowboy · Jan 1, 2004, 03:54 AM

Quote:

Originally posted by Davidgt
Also Little johnny mom and dad can go get a job and get the hell off walefare!

yea but for some people its more benifical for them to stay on welfare...
they start working the get some assitance... they make more then a certain amount they get nothing... loss of benfits helth etc... expessically a kill if you single or unemplyer and have like 3 kids (kids are sick alot)...

the way it handled needs to restructored....

on another note....

i see crapy stuff from the gov all the time.
like when the supreme court refused to hear a case over
your constutional right to bear arms

acuseing the right is being infringed upon (and in some ways it is)

digerati · Jan 1, 2004, 04:37 AM

Quote:

Originally posted by The_Neon_Cowboy
dude the money for bushes iraqy war.... came from money that should of went to Social Securty!

and it was a fact their supluses it was all over the media.... expecailly before bush preposed his tax cuts plans... thier was a huge federal suplus before emplimented his tax cuts and his tax rebate checks ...

tell me how clintion efected out state $$$ hmm?
as i understanding sume cutting of stae funding has occured...
we had about 2 billion surplus as a state. they've had to raise sales/property taxes just to say afloat

Of course there was surplus all over the media! Some mainstream media is LIBERAL. Just because Clinton didn't spend money on military all of sudden we have all this extra cash floating around, let's call it a surplus!

How did Clinton effect the states? I'll tell you Califonia was screwed over by Davis and his democrat thugs. Spending our tax dollars on money that didn't exist because they didn't think the dot coms would stop growing and stop giving tax money! Oh wait now what? A power crises? What? Contract with Enron that Davis signed that was way more than we should have been charged? Er? Yeah, definitely Bush's fault.

Falstaff · Jan 1, 2004, 04:41 AM

Bill Clintons economic plan has been whittled down to a shell of its former self. Under the Bush Administration, the economic figures though troubling to some have reflected a more robust economy for the whole of the country not just one segment of the population. America has left the industrial driven economy of 50 years ago. It is more tecnology driven today. The statistics are there in black and white. From the Bush administration

UberLord · Jan 1, 2004, 01:03 PM

Quote:

Originally posted by Davidgt
uberlord I promise you do not want healthcare system goverment controled lol ever been to cananda? try to get a mri there......... enjoy waiting 3-4 months Here you can get usally in the same visit! reason why health care is so high is fraud. insurance fraud do alittle resarch

I just used healthcare as an example.

Here in the UK, it's government controlled and whilst there are some problems with waiting times on the most part it's quite good from personal experience.

bird chest · Jan 1, 2004, 07:51 PM

Quote:

Originally posted by The_Neon_Cowboy
dude the money for bushes iraqy war.... came from money that should of went to Social Securty!

and it was a fact their supluses it was all over the media.... expecailly before bush preposed his tax cuts plans... thier was a huge federal suplus before emplimented his tax cuts and his tax rebate checks ...

tell me how clintion efected out state $$$ hmm?
as i understanding sume cutting of stae funding has occured...
we had about 2 billion surplus as a state. they've had to raise sales/property taxes just to say afloat

I know he is but I was just saying clinton did not have a surplus. With these huge surpluses clinton had why did he only pay off 30 billion dollars of the debt!!!!!! I am not saying clinton was a bad president I am saying he allowed the economy to sink again after the first bush saved it. He is to idolized for what he didn't do.

There was an economic crisis that we are pulling out of that is why the states did that.

bird chest · Jan 1, 2004, 08:02 PM

Quote:

Originally posted by UberLord
I just used healthcare as an example.

Here in the UK, it's government controlled and whilst there are some problems with waiting times on the most part it's quite good from personal experience.

I know nothing about UK's health care but aren't you guys having some trouble with your economy. And didn't street riots occured for some small amount of money you had to pay for college. Ontop of that none of your colleges are top ranked anymore because they are underfunded.

Also unless I am mistaken no major medical breakthroughs have occured in europe for the last 20 years. why? I have no idea but I might start thinking it has something to do with universal healthcare.

Falstaff · Jan 2, 2004, 01:02 AM

we need to adapt, Bush will be re elected..this is assured

Davidgt · Jan 2, 2004, 01:20 AM

Quote:

Originally posted by fallang_jeff
we need to adapt, Bush will be re elected..this is assured

i hope so. This group of people trying to run now worry me........... worse than al gore

Dec 30, 2003, 03:29 PM	#1
FuNsTeR Caledonian & Proud Join Date: Jun 2002 Location: Darkest Ayrshire Posts: 1,077 Rep Power: 53 System Specs	US Economy is it totally fcked or can the yanks pull themselves out the shte .... Dollar plumeting , Jobs plumeting , increasing debt ... things seem to be going wrong with the US Economy since Clinton left office ...... is the current US regime incompotent or is it a wrong /flawed perception from a Non American American view points on how their country's economy is fairing would be much appreciated on this side of the pond because when the US sneezes the rest of the world catches a cold thus how the US economy performs has a bearing on all our economies ps remember people this is not a flame __________________ "They say when you play a Microsoft CD backwards you can hear satanic messages ..... but that's nothing, if you play it forward it will install Windows"

Dec 30, 2003, 04:02 PM	#2
@/2ct!< DriverHeaven Senior Member Join Date: Aug 2003 Location: Not Vegas, anymore :( Posts: 1,379 Rep Power: 0	& what, exactly, makes you so sure our economy is that bad right now? __________________ A64 @ 2.45 Ghz, x800xt, l90d+, 1 Gig DDR 400 @222

Dec 30, 2003, 04:37 PM	#4
The_Neon_Cowboy DriverHeaven Extreme Member Join Date: Dec 2002 Location: U.S.A. Posts: 16,135 Rep Power: 76 System Specs	All of the economic data I've seen too shows our economy going back on track. were is the thread starter getting his info? __________________

Dec 31, 2003, 11:13 AM	#5
Davidgt Car Audio Guy Join Date: Jul 2003 Location: Atlanta, Ga Posts: 499 Rep Power: 0	hum the dow is over 10,000 nasdaq over 1,000 id say its doing pretty well __________________ Sales/Support Manager Taraautosound.com wonderful sig by tastyweat

Dec 31, 2003, 01:35 PM	#8
Davidgt Car Audio Guy Join Date: Jul 2003 Location: Atlanta, Ga Posts: 499 Rep Power: 0	lol you dont cut military and inteligence spending I was in the army with clinton it got so bad we had to buy our own tolit paper cause of budget cutbacks __________________ Sales/Support Manager Taraautosound.com wonderful sig by tastyweat

Dec 30, 2003, 04:29 PM	#3
zerodamage DriverHeaven Extreme Member Join Date: May 2003 Location: Virginia, USA Posts: 3,574 Rep Power: 0 System Specs	All of the economic data I've seen shows our economy going back on track. We will know more after the new year in regards to game sales and holiday retail sales and etc, But this may be the strongest our economy has been since Clinton left office.

Dec 31, 2003, 11:21 AM	#6
digerati Everyones life has worth Join Date: May 2003 Location: My Yellow Bug Posts: 3,780 Rep Power: 47	The economy is rising. And you can actually thank Clinton and his democrats for the setback in the economy. I know our California government down the crapper because of Davis and his democrat sluts spending tax money that didn't exist during the dotcom craze. Clinton didn't give us a surplus, he just transfered money over by cutting it out of other places to make it look like he did a fantastic job!

Dec 31, 2003, 11:35 AM	#7
zerodamage DriverHeaven Extreme Member Join Date: May 2003 Location: Virginia, USA Posts: 3,574 Rep Power: 0 System Specs	Clinton just cut back spending where it was needed, such as the military and intelligence services.

Dec 31, 2003, 05:05 PM	#11
FuNsTeR Caledonian & Proud Join Date: Jun 2002 Location: Darkest Ayrshire Posts: 1,077 Rep Power: 53 System Specs	this comes from Money markets stating the US economy announced poor figures , the Dollar is in a mini slump with both the pound and the Euro , Cnn also stated the other day that things are not going as planned with the job figures, also when was the Last time the Exchange rate with the pound / Dollar at $1.75 for £1 , your country is borrowing a sh!t load more to cover the costs of Tax cuts & massive hikes in military spending ... it does not bode well for you at all __________________ "They say when you play a Microsoft CD backwards you can hear satanic messages ..... but that's nothing, if you play it forward it will install Windows"

Jan 1, 2004, 02:27 AM	#16
studbagel9 Rolling the Hard Six Join Date: May 2003 Location: Lock Haven, PA Posts: 767 Rep Power: 0 System Specs	It's all partisan either way you look at it, liberals blaming conservatives and vice versa. The only way everyone one will be happy is if... oh wait, there will never be a time when everyone is completely satisfied with their governments, sorry, forget I spoke up ;p. __________________

Jan 1, 2004, 03:08 AM	#17
Davidgt Car Audio Guy Join Date: Jul 2003 Location: Atlanta, Ga Posts: 499 Rep Power: 0	uberlord I promise you do not want healthcare system goverment controled lol ever been to cananda? try to get a mri there......... enjoy waiting 3-4 months Here you can get usally in the same visit! reason why health care is so high is fraud. insurance fraud do alittle resarch __________________ Sales/Support Manager Taraautosound.com wonderful sig by tastyweat

Jan 1, 2004, 03:11 AM	#18
Davidgt Car Audio Guy Join Date: Jul 2003 Location: Atlanta, Ga Posts: 499 Rep Power: 0	Also Little johnny mom and dad can go get a job and get the hell off walefare! __________________ Sales/Support Manager Taraautosound.com wonderful sig by tastyweat

Jan 1, 2004, 04:41 AM	#22
Falstaff Romantic Fool Join Date: Sep 2002 Location: Colorado Springs, CO. Posts: 18,092 Rep Power: 130	The numbers are getting better. Bill Clintons economic plan has been whittled down to a shell of its former self. Under the Bush Administration, the economic figures though troubling to some have reflected a more robust economy for the whole of the country not just one segment of the population. America has left the industrial driven economy of 50 years ago. It is more tecnology driven today. The statistics are there in black and white. From the Bush administration __________________ Preferred DNS Server 208.67.222.222 Alternate DNS Server 208.67.220.220

Jan 2, 2004, 01:02 AM	#26
Falstaff Romantic Fool Join Date: Sep 2002 Location: Colorado Springs, CO. Posts: 18,092 Rep Power: 130	we need to adapt, Bush will be re elected..this is assured __________________ Preferred DNS Server 208.67.222.222 Alternate DNS Server 208.67.220.220