Rod Parsley is a theocracy-lite guy and wayyy too socially conservative ... but he's hitting the nail on the head here.

darn context and facts




hmm, the 1970's was the 'best' period for getting the National Debt lowered, in context, yet the worst economic period since the Great Depression. Interesting how that works. Obviously what we need is to get back to Jimmy Carter, Paul Volker, head in sand foreign policy, double digit inflation, double digit unemployment rates, record crime levels, record bankruptcies......oh the irony of history.

GGniner Wrote:hmm, the 1970's was the 'best' period for getting the National Debt lowered, in context, yet the worst economic period since the Great Depression. Interesting how that works. Obviously what we need is to get back to Jimmy Carter, Paul Volker, head in sand foreign policy, double digit inflation, double digit unemployment rates, record crime levels, record bankruptcies......oh the irony of history.

As a share of GDP is a sham. The Gross Domestic Product (GDP) of a country is defined as the total market value of all final goods and services produced within a country in a given period of time. Hell -- what GOODS outside of the hi tech industry do we still lead the world in producing?? And if you think services are a good trade off for goods in terms of final value -- welllll I think you should talk to people who have lost their high paying manufacturing jobs over the last several decades. Shouldn't be hard finding one. This has become a SERVICE BASED ECONOMY. We are no longer the industrial powerhouse we were around WWII. And the Arabs and Chinese own an effings crapton of this country now because of our ever skyrocketing debt. That's money that does not get put back into our economy for the most part, unless it's another buyout.

Learn some economics please. Ludwig von Mises .... Milton Friedman.... pick one.

BTW -- real inflation right now is about 10%.

georgia_tech_swagger Wrote:

GGniner Wrote:hmm, the 1970's was the 'best' period for getting the National Debt lowered, in context, yet the worst economic period since the Great Depression. Interesting how that works. Obviously what we need is to get back to Jimmy Carter, Paul Volker, head in sand foreign policy, double digit inflation, double digit unemployment rates, record crime levels, record bankruptcies......oh the irony of history.

As a share of GDP is a sham. The Gross Domestic Product (GDP) of a country is defined as the total market value of all final goods and services produced within a country in a given period of time. Hell -- what GOODS outside of the hi tech industry do we still lead the world in producing?? And if you think services are a good trade off for goods in terms of final value -- welllll I think you should talk to people who have lost their high paying manufacturing jobs over the last several decades. Shouldn't be hard finding one. This has become a SERVICE BASED ECONOMY. We are no longer the industrial powerhouse we were around WWII. And the Arabs and Chinese own an effings crapton of this country now because of our ever skyrocketing debt. That's money that does not get put back into our economy for the most part, unless it's another buyout.

Learn some economics please. Ludwig von Mises .... Milton Friedman.... pick one.

BTW -- real inflation right now is about 10%.

Do Republicans really think that we can have a large and rapidly increasing deficit and it won't adversely affect the economy? Is it the ultimate example of a free lunch? Why don't we just abolish taxes then, that would stimulate the economy even more?

NIU007 Wrote:Do Republicans really think that we can have a large and rapidly increasing deficit and it won't adversely affect the economy? Is it the ultimate example of a free lunch? Why don't we just abolish taxes then, that would stimulate the economy even more?

Not ones with a triple digit IQ at least.