Recession Depression

[saximus0809]

priceless expression and message at 4:10 - 4:14

[FebbieVanceGarcia]

This guy reminds me of the Ninjorman.

[maxaslagolis]

and its been that way ever since it still sucks ass thank Obama.....Go Rick P"a"rry!

[garrywarne1]

@maxaslagolis If Rick Perry becomes president I'm leaving... to Mars.

[SmartStupidGenius]

can you say that faster please?

[ThatGuyWhoSucksBoobz]

the only way the recession will end is with ww3. and that'll start with the invasion of iran, which is due to happen very soon.

[ellimist6]

@ThatGuyWhoSucksBoobz how will ww3 help end the recession? and what reason is there to invade iran?

[ThatGuyWhoSucksBoobz]

@ellimist6 well ww2 ended the great depression. and the u.s. will probably invade iran over their nuclear programs that they've been bragging about. I'm personally against military action against iran, but the u.s. sure does want iran's oil.

[MF0TY]

@ThatGuyWhoSucksBoobz Ellmist6 is right, we don't have a strong automotive industry to manufacture strong weapons and tanks and lots of great war machines sense we sold our manufacturing to china sense liberals places a bunch of pain in the ass regulations on the manufacturing industry hindering its growth and eventually for the most part destroying it. However what ellimist6 doesn't realize is that israel is our ally and we WILL defend them.

[Canceled]

Here ya go: buy gold

[CenterLeftLiberal]

Fascinating since this was taken in August, a point at which (we now know) the economy was already in a recession for 8 months.

Also, one of the best macroeconomic indicators is median income/wages. Adjusting for inflation, the median hourly wage has beeen stagnant since 1973 (after having more than doubled in the decades before). Median household income is now lower than in 1999. These measures actually tell you how the average person is going (whose welfare is the goal of the economy).

[vista59]

huh... i wish i understood enough about all this to discuss it :) lol

[lyndonb]

What do you think now, shill wad

:)

[jdawgfromcali]

Well, it looks like GDP jumped up + 3.3% 2nd Quarter 2008, which is excellent! The dollar is up on a 2.3 year high against the Pound, a 1 year high against the Canadian Dollar, and a half year high against the Euro. I'm thinking we have bottomed out and are heading back up. However, we have found ourselves in a pretty deep hole, so we've still got a ways to go. But hey, at least we are recovering lost ground!

Thanks for answering my question WYOTK Guy!

[ghosty121212]

LOL, and then we tanked some more. hahaha

[autofreak7]

Dollar at a half year high? That dollar hike was panic driven.

[UrSoMeanBoss]

@jdawgfromcali hows that working out :D

[monymizer]

I love it! Great Job!

[MRSketch09]

Well, I agree with a slow down. I know at the retail store I work in, every morning we have a meeting talking about sales and how good we did the day before, and how much percent we are ahead in the year.

When the extremely smart gov released the stimulus check, we went up to 4% ahead for the year. But now were back down to about 1%.

Weekly sales are up and down. Somedays, really good, somedays were off by a couple thosand dollars and don't break even.

[MRSketch09]

I heard a quote that I think sums it up nicely.

"A recession is when I still have my job, and you lost your job. A depression is when were both out a job."

I think the quote was roughly like that. *can't recall exactly* but its the same meaning.

[MRSketch09]

I also better say this to. I think the stimulus check was a BS idea, and I was being sarcastic about saying our fed gov is smart.

[ghosty121212]

Macroeconomics.... I may take that class... :D I think that the definition of the recession should be based on the middle class, considering that are more people in the middle class then there are poor, or rich classes. Plus the middle class is the backbone of America.

[lyndonb]

You don't know what you are talking about and have lost all credibility. The gov't numbers are completely false and the govertment is no longer credible. Requoting their crap makes you uncredible goverment shill.

[kahrytan]

And you are brainwashed shill of the media.

[jenmck]

I just like the sound effects. Will you be putting out a soundtrack?

[Floop1492]

Whether or not the US is in a recession at any given time is largely dependent on whether or not it's an election year and if the media wants the current President re-elected or if they want to change parties.

[jdawgfromcali]

Yay!!!! My question was answered!!!! I feel so famous lol

[yvesmdjgryphon]

in 2 hours I have an exam on macro-economics :p

[ghosty121212]

LOL I wanna tqake that class! Is it thaaat hard?

[yvesmdjgryphon]

it is over here ;) They needed two large auditoria for the resit :p

[uncouthsilence]

=]  raghhh

[killaghist]

sweat

and economics is moore of an art and less of a science its compleatly unrelighable and crap

[SaxonWarChief]

second

[blank128]

FIRST