Forum
3 years in
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deadcode wrote
at 2:32 PM, Tuesday November 22, 2011 EST
Unemployment before: 7.7%
now: 9.0% National Debt before: $10.626 trillion now: $15.055 trillion We borrow $3.99 billion every day. Wars before: Afghanistan, Iraq now: Afghanistan, Iraq, Libya Gold before: ~$900 /oz now: ~$1700 /oz Wheat before: ~$239.36 / ton now: ~$267.86 / ton Oil before: ~$42 / barrel now: ~$93 / barrel Silver before: ~$13 / oz now: ~$32 / oz The list can go on and on. Inflation is obviously significant. Some estimate as high as 10% and increasing. What does this mean? Prices of every day goods and services in the USA are going to go up at roughly a rate of 10% a year. And this rate is increasing instead of decreasing. |
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deadcode wrote
at 2:34 PM, Tuesday November 22, 2011 EST |
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MadHat_Sam wrote
at 5:45 PM, Tuesday November 22, 2011 EST And the only person that will have the support of the Republican machine in an attempt to beat Obama WILL BE A WORSE CHOICE.
The President isn't the problem, the SYSTEM is the problem, see Committee, Super. |
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deadcode wrote
at 6:28 PM, Tuesday November 22, 2011 EST Well we will see; both the Republicans and the Democrats have an opportunity here to nominate real change. However I also doubt it will happen.
Personally I think neither party will change and within the next 5-10 years we will see the creation of a third party that gains a plurality. |
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Travis O Johnson wrote
at 7:14 PM, Tuesday November 22, 2011 EST greens ftw
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uglygolfball wrote
at 9:39 PM, Tuesday November 22, 2011 EST No 3rd party will rise until people stop repeating Republican talking points and show some real critical thought.
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deadcode wrote
at 10:35 PM, Tuesday November 22, 2011 EST Speaking of the super committee; I actually consider it a good thing that they didn't come to an agreement. 10% across the board cut sounds good to me. In fact; it is not nearly enough considering these arent real cuts per se; they are just cuts to the increase. In other words; don't make the mistake that these cuts mean less spending; in fact; they are actually less increases in spending. For example if you cut 10% from the military budget then they would only get a 13% increase in funding instead of a 23% increase.
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mr Kreuzfeld wrote
at 3:00 AM, Wednesday November 23, 2011 EST not to be an ass, but
I remember oil hitting more than 100 USD under bush resource pricing is not mainly due to inflation, but depletion (production of most minerals are going down, recycling produces more copper than the entire mining industry does [citation needed]). wheat is a function of oil, oil is a function of peak oil....etc. libya is more or less done inflation, spending and deficit is a continuation of the policies from before. all is shit :) |
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Louis Cypher wrote
at 4:06 AM, Wednesday November 23, 2011 EST Inflation is the only way out of deficit spending or to at least reduce the deficits. We are only at the beginning of inflation now. Wait a few years, 10% is a nice number.
And while everybody is badmouthing some European countries, I think the situation is very similar at yours in the US. |
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""ENGLAND"" wrote
at 6:33 AM, Wednesday November 23, 2011 EST Whats it got to do with KDICE?
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_VOLTRON_ wrote
at 7:09 AM, Wednesday November 23, 2011 EST "No 3rd party will rise until people stop repeating Republican talking points and show some real critical thought."
lol UGB |
