search results matching tag: depression

» channel: learn

go advanced with your query
Search took 0.002 seconds

    Videos (415)     Sift Talk (23)     Blogs (42)     Comments (1000)   

bobknight33 (Member Profile)

newtboy says...

Aaaahahaha! Nice revision.
No one expected 340000 new jobs. No one.

You said clearly April jobs numbers would be revised down by 30%…they went up by 20%.

You said May would be a massive unemployment increase…by 50%. It dropped by 340000 jobs….but you aren’t w-w-w-wrong. 😂

3.5%!? 😂 You predicted a 50% employment drop…3.7% is WAY under 50% buddy. I’ll take a page from you and just claim they’ll be revised to be below 3.5, and the new jobs numbers will be revised to add another 20% without any evidence beyond experience.

The CBO estimates 3.6 at end of quarter, and it’s on track to beat that. They expect 5% by January, then lowering again in 24.
The DOW is up over 700 points today alone, and on the upswing…sorry but you hoping and praying for a depression isn’t working.

Right…because you’re never wrong, just not right yet….or ever. 🤦‍♂️

bobknight33 said:

Unemployment went up from expected 3.5 to 3.7.
Not wrong just waiting for the ship to turn south.
These thing take time.

bobknight33 (Member Profile)

newtboy says...

So government should just stop paying for previous spending? That somehow saves money? You MUST explain how you think that works.

Seriously…dumping $10 TRILLION from private accounts and TRILLIONS more from the treasury SAVES MONEY!?! EXPLAIN HOW THAT WORKS.

Making it more difficult and expensive to borrow money, harder to sell treasury bonds, and making all future debt payments much more expensive permanently SAVES MONEY?

How does it work when the right has stopped negotiating and gone home until Tuesday, so can’t even get the cuts they demand under any circumstances now?

Inflation is due to excessive government printing more money to spend instead of raising money…mainly under Trump.

If you like getting poorer by wasting tens of trillions of dollars for spite, causing major global depressions, death, and destruction, insanely high unemployment, never before seen levels of homelessness, market crashes, high interest rates, and national bankruptcy, be for MAGA and team.

Edit: New reporting indicates the newest Republican demand to release their hostage, the economy, is a $3.5 TRILLION tax cut for the rich and corporations. More proof they don’t care about debt or deficit, only wealth transfer to the rich as fast as possible.
If you like bankrupting the country and starting a depression by choices be for Trump and team.

bobknight33 said:

So Government should just spending there is not tomorrow.
This inflation id due to excessive government spending.

If you like getting poorer be for biden and team.

bobknight33 (Member Profile)

newtboy says...

ROTFLMFAHS!!!
Biden has cut the deficit in half, by over $1.5 TRILLION PER YEAR since 2020. Trump raised it every year, more than tripling it in 2020! You clearly haven’t thought your position through.

So that’s a “yes”…you support the terroristic taking the economy hostage and murdering it if the right isn’t capitulated too like a kidnapper with his knife to your children’s throats. You think the right thing to do is give the terrorist kidnapper anything they want and let them walk away to do it again next week. Sinking ever lower, Gary.

America doesn’t negotiate with terrorists, that only emboldens them….if you were an American and not a terrorist you would know that.

You support terroristic legislating by blackmail because you know your party is incapable of Democratic legislating and has no love for America or its citizens. You support economy destroying threats because your party only knows how to destroy economies but you hope they can blame Biden if he signs off on any “deal”.


1) you were more than fine with spending like a drunken sailor on things that hurt America when Trump added 1/3 of the total debt in one term, crashed the economy, blew up the debt and deficit, killed 1 million Americans and disabled 2 million, and created 15% unemployment…you actually want to go back. Biden has spent exponentially less, and boosted revenue massively, both help the debt.
2) you moron, paying the bills you already racked up isn’t spending more. Not paying them is WASTING TRILLIONS for absolutely nothing…clearly what the right prefers. You want to max out the credit card on nonsense for 4 years then tell Democrats they can’t spend a dime except on Republican corporate welfare programs or you’ll just not pay the bill and get the card cancelled, knowing it will make the entire family homeless, handing the family farm over to China who holds our debt and can forclose. 🤦‍♂️

Estimates are near 8 million jobs lost and over $10 TRILLION in private stock losses expected in just the short term, far worse if it’s a long term problem…TRILLIONS in government losses and TRILLIONS MORE EVERY YEAR in higher interest rates…a complete government shutdown as government employees go unpaid so stop working (but continue to rack up salaries that will be paid eventually, for not working)…and a global depression worse than the Republican caused deregulation recession of ‘08.

I dare you to claim evaporating $10 trillion somehow SAVES money….I double dog dare you.

You are prepared to get poorer for nothing at all while STILL having the debt grow thanks to Trump’s outrageous spending spree, but are insistent that Republican spending not lose a dime.
Every Republican program should be cancelled first, all those contracts/bills to build the wall defaulted, all those military programs making equipment we no longer use cancelled, million dollar fake “investigations” that have only exposed the criminal hypocrisy of the right and not corroborated a single accusation cancelled, the tax breaks for billionaires and corporations that did NOT create a boom they caused a crash cancelled, any and all federal payments to red states cancelled because it only makes them reliant on the federal government which is like slavery…then not only would no loss of the societal safety net (guaranteeing a wave of homelessness never seen), 1 million vets would not be made homeless, etc AND the debt would actually be lowered.

You love the idea of getting poorer for spite and nothing more, dumbshit. If you just stop paying your credit card, the debt isn’t forgiven, it raises exponentially with higher interest and fees and lowers your ability to borrow more, that’s what’s already happened and will be so much worse in the depression by choice the right wants to cause. The money will still be spent, it will just cost exponentially more to borrow it.

Republicans have left the Capitol for their 5 day weekend to return Tuesday to restart “negotiations” they are pretending to be involved in, meaning default is now guaranteed without some legal wrangling by Biden to end run them. He should have done so in February.

The damage this is going to cause the economy is ten fold what it claims to be trying to save. It is clearly not about saving money, it’s 100% about blocking any democratic legislation by usurping the president is control of the purse strings. You would never accept this from the left. You know it too.

I know anyone not a brain dead cultist slug knows this, this fight isn’t over the debt, it’s about control…control from the minority by terrorism. We need a second amendment solution…only 20 representatives need to miss the vote for sanity to return.

bobknight33 said:

So Government should just spending there is not tomorrow.
This inflation id due to excessive government spending.

If you like getting poorer be for biden and team.

bobknight33 (Member Profile)

newtboy says...

MAGA Republicans called off debt ceiling talks.
Now moving full force to create a depression because their blackmail scheme failed.
This means, even if talks resume, it’s nearly impossible to get the bill voted through the house and senate before default. They knew that when they called off negotiations. They knew this would happen when they came up with this scheme to hold the economy hostage to their extremist anti American ideals and ideas.

Utterly destroys any shred of “fiscal responsibility” anyone ever might claim for Republicans.
You fucking morons just cost America trillions and got absolutely nothing for it but scorn.

bobknight33 (Member Profile)

newtboy says...

You have no clue how economies work. That’s obvious to everyone.
Every professional economist will tell you clearly, the attempted blackmail using the debt ceiling as a hostage has already cost hundreds of millions or more in lost revenue/investment, and will cost TRILLIONS if our credit rating is lowered significantly, which it will be soon.
How much of that spending was Republican spending (and unprecedented economic losses) from 2019-20?
How much did they/you care in 2017-20? ZERO…that’s how much.

The economy was doing great under Biden until over leveraged banks started failing. It’s still doing well, but could falter. The bank failures are 100% due to thoughtless deregulation by maggots.

“What the Republicans passed is fair even if Democrats dont like it.”
You don’t even know the topic now? “Whatever the maggots passed”…like trillions handed back to billionaires then claiming poverty, claiming millions to feed children bankrupted us, not TRILLIONS TO BILLIONAIRES. (Or do you mean the MAGA brainless budget proposal guaranteed to create a depression, massive unemployment, and doubling or tripling the homeless while bankrupting the nation?). You are such a silly little boy.

What they should have done is repeal the Trump handouts, reinstate reasonable corporate rates (with minimum tax rates so no company and no one making $75k pays zero), that would erase any need to raise the debt, but to your ilk that’s a non starter because those poor billionaires need that money for buying and destroying companies like Twitter.

ROTFLMFAHS!! First, Bush left two wars off those books, then crashed the economy into depression. Obama pulled it out and left the economy healthy and growing. Trump in 4 years, starting with a healthy economy and balanced budget spent as much in 4 years as Obama in 8, raising the spending levels like an rocket and lowered the income of the government by trillions, made gdp a NEGATIVE number, unemployment skyrocketing like never before in history, (and don’t forget over 1 MILLION DEAD Americans and what, 10 million disabled?)

Government has both an income and spending problem…wasting $40 billion on a fence that has INCREASED immigration rates (but refusing to increase border control spending to hire more agents)…wasting $10 billion on a border stunt by Texas that didn’t catch a single smuggler but caused shortages and gridlocks at the border and ports for weeks. Outraged at the idea of staffing the IRS enough to enforce tax laws despite it being guaranteed to make billions in recovered taxes that otherwise go unpaid. Causing billions to be spent protecting government workers and buildings from terrorist maggots and their mobs and death threats and bombs, molotovs, guns, nooses, etc.

Social security isn’t a general fund item, dummy. Cutting it doesn’t put money in the coffer, it merely lowers how much workers pay into their accounts and takes some from those who already paid in.

Bank failures are due to deregulation that allowed over investment without cash reserves so when interest rates went above zero, which was guaranteed to happen sometime, they were guaranteed to lose their shirts. Regulations were put in place to make that 100% illegal after 08, and were removed in 18 guaranteeing a repeat.

Inflation caused by 1/3 of every dollar being created out of thin air under Trump while our GDP tanked. Both caused inflation.

Yeah, sure…Trump caused the crisis, failed to properly address it exacerbating it by a factor of 10, finally started to a hundred days late and billions of dollars short. Biden turned a negative Trump gdp around to positive, fixed the unprecedented high unemployment under Trump, and got Covid under control…but it’s Biden that broke the camel’s back with his 10% contribution, not Trump’s 90%….in fact we should get Trump back and get the ball rolling downhill again. 🤦‍♂️

Blaming both sides (which you are attempting) doesn’t solve the problem. Solving the problem solved the problem, and Biden has solved many problems Trump left behind and solves more every day while Trump gets another indictment for criminally personally benefiting from mismanagement, fraud, thefts, sale of state secrets, covering for murders, vote fraud FOR HIM, etc.

Trying to blame Dark Brandon for the horrific mess Trump left does not solve the problem, it attempts to distract from it with nonsense.

bobknight33 said:

MEGA has nothing to do with it.

The economy is like it is because of too much spending too quickly. Look at the increase over last 4 years.

What the Republicans passed is fair even if Democrats dont like it.

What they should have done is pass 1.5 Trillion increase with the only exception is that both sides cut programs 5% across the board, set budget to last years tax receipts.


From Bush 42 with 12 Trillion to today 32 Trillion in about a Decade.
Government does not have a $ problem they have a spending problem.
Government steals enough $ from Americans.

Yes military and social security needs to be cut as well.. Both side need to do and not blame each other. Just get the job done.

Bank failures are due the interest rate hikes. These hikes are put in place to drive down inflation. Inflation is caused ( mostly) by dumping more $ into the supply as noted above.


Trump might have started it but Biden's $ increase
is the straw that broke the camels back.


Blaming both sides doe not solve the problem. Solving the problem solves the problem.

bobknight33 (Member Profile)

newtboy says...

I realize the economy is slumping and likely to crash…because MAGA is playing blackmail chicken with the (mostly Republican spending) debt. Their austerity plan is economy destroying too, and puts millions more homeless on the streets and jobless.
It’s also responsible for the bank failures thanks to 2018 MAGA banking deregulation because apparently the right cannot remember how their deregulation of banks caused the global deep recession/depression in 08.

Yes, this MAGA shitshow continues to hurt America intentionally.

bobknight33 said:

Also guess you dont realize the economy is winding down.
Yet another bank faltering causing stocks to fall.
This MAGA shit show is far from over.

bobknight33 (Member Profile)

newtboy says...

ROTFLMFAHS!
The numbers are what they are. Sales down. Prices down. Profits down. Value down. Demand down. Monopoly gone.
Grows at 45%??? Only if you start from the years when it was worth absolutely nothing. Last year they lost over 51% of their value, in the last 18 months they lost even more than 60%, and every metric of future success is looking bad for them today.

A few years ago they had almost 100% of the ev market, with better options just now coming on the market they are already at 50% and are in a market share freefall.

Like I mentioned, Forbes economists all expect further TESLA stock decline, one expects it to reach $25 a share, but you know better. (If profits hold, I say $50 is realistic).

You again pretend you didn’t know that the big 3 spent tens of billions tooling up for ev production lowering their profits while Tesla has drastically slowed expansion (boosting profits) since they can already produce more than twice what they can sell and because their operating capitol has evaporated…and still their profits are shrinking like a shrinkydink in a volcano. 11% buddy. Down to 11% profit margin AND SHRINKING.

Are you saying Tesla stock hasn’t tanked?!? WTF?!? Really, I’ve got to hear this.

Lowered prices why? Because they can’t sell the cars they built. Duh. Also because the large government rebates are ending, making the cars COST more for customers without a price change. You blame covid (which you say isn’t real) but Covid isn’t hurting other manufacturers like Tesla.
I’ve seen plenty of F150 ev’s around…but still no Tesla truck. I see more ev’s on the road from every OTHER manufacturer daily, but the number of Teslas I see has plateaued. I’m in Cali, so I see plenty of ev’s.

Derp. I said clearly I called the TESLA STOCK crash. I told you it was insanely overvalued with a PE near 200. I did not say the stock market would crash, although I did expect a recession late 2020 possibly becoming a depression in 21…Biden’s leadership avoided that. 😂 Your damaged brain can’t stay on topic for two seconds. Jeebus.
The market isn’t tanking, my investments have done well for the last two years…unlike under Trump when I lost money….hand over fist in 2020. But I didn’t put every dime I had in one insanely overpriced inflated bubble stock like you claim you did….of course the economy looks shitty, your stupid investment strategy guaranteed you would lose your shirt.

Truth is, yet again, you can’t follow a short conversation without bending yourself in pretzels and changing subjects. That’s ok, I don’t write these for you. You aren’t capable of comprehension. That’s quite clear.

bobknight33 said:

Clearly you have shit for brains.
Tesla grows at 45%+ YoY
ICE manufacturers have been falling about 7% YoY in growth since late 2017.


You shit for brain takling points:
losing major market share -- ARE you on acid?

FACT they lowered prices 6 times -- thats true. -- Go find why.

FACT that now that they have competition,------ Where in your dreams.Ford GM VW ?? Not even close. by what measure are you using? The bolt is possible but it keeps catching on fire. BYD is the closest.


FACT that I called the crash before it happened -- Lets claim Bull shit. The market is tanking -- Yet to you Biden economy is on fire doing great .. Which is it nutboy?

Truth is, yet again you dont know what you are talking about.

bobknight33 (Member Profile)

bobknight33 says...

Fools like you are the reason for such shitty Democrat run cities.
And the lack of morality in society.

America is worse off today than few decades ago-- The direction that Democrats are pushing is making things worse.

Democrats say they are for the black man-------- Blacks have not gotten better under Democrat policies.

Biden is incompetent -- Just watch him. People behind him are propping him up and running the country.

Horse dewormer -- See your still stupid as ever. In different doses this med is also for human consumption. But some how you yet to get the message from you fake news outlet.


Covid was made worse than it truly was by media and locking down cities and such was the wrong thing to do.


TESLA is always to good time to buy. Its stock is depressed but then again every stock is depressed-- Thanks for over government spending during Covid.

an 6 was a false flag by BLM and ANTIFA not a failed coup by Trump. ------Never said that. But there were infiltrators in proud boys pushing their agenda by FBI. All said so far to date there were 50+ government infiltrators egging people on and opening doors, helping this to occur instead of stopping it.




Ashley Babbitt was the only person to Die Jan 6 yet fake news and Democrats continue to say 5 or 6 people died. More FAKE news.

newtboy said:

If fools like me were a dime a dozen, this world would be a MUCH better more sane place. Sadly, it’s fools like you that are easy to find and dupe with pleasing (mostly hateful) ridiculous lies. Fools like me rank and score in the 99th percentile, friendo. You don’t even know what that means.

America's economy- failing

newtboy jokingly says...

OMFG!!! Gas prices are down, so people are spending less on gas, and that proves a depression is just weeks away despite all economic metrics saying otherwise. We’re doomed, start hoarding tp and run to your bank and take out every dime.

bobknight33 (Member Profile)

newtboy says...

Lol. So dishonest. Such ability at stretching reality and precognition you must have. “Everything’s good now, but it’s going to be terrible soon!”…pretty much what you said Jan 2021 but it’s been all uphill since then.

Under Trump- highest unemployment in memory : you just ignore and try to forget
Lowest gdp ever in history : you say it didn’t happen, wasn’t Trump’s fault, and when those sad excuses fall apart “doesn’t matter”
Inflation rising faster than ever with more dollars printed in 4 years than any other decade under Trump : you don’t know why that causes inflation so you blame anything but government until Biden takes office, then it becomes 100% the president’s fault.
Markets crashing : you ignored it under Trump and proclaimed it a great time to buy Tesla, and now you ignore the consistent market rise under Biden. My portfolio added 7% in the last 2 months, and the Dow is up, reaching record highs under Biden…maybe your stupid anti woke investments just suck.
Sounds horrific with over 1 million dead, millions disabled, trillions in medical bills and a near depression : you say “nothing burger, Trump’s the best at economy ever”
Food shortages, parts shortages, shipping gridlocks making it much worse : you pretend Biden was in charge in 2020 and blame him, (so ridiculous that your righty media posted dozens of photos of empty shelves from 2020 in 2021 to pretend it wasn’t better and you bought it) then you ignore that the shortages ended shortly after he was sworn in.

Republicans won’t raise the ceiling because the MAGA wing thinks default under Biden will be good for them because they believe voters are as ignorant as they are and will buy whatever they say when they blame Biden for their sabotage of the economy,….in your case they’re right. They’ve already cost untold millions by delaying so long with more harm done daily, and when they fail to raise it by June they’ll cost America trillions and kickstart a worldwide depression. Understand they still don’t have a plan at all now months after it was their duty to raise the debt ceiling like they did every year for Trump who spent like a drunken sailor with the captains treasure….squandering over 1/4 of today’s total US debt on personal ego stroking projects and gifts to billionaire donors…not one word of protest from the right as he blew up the deficit and debt by trillions every year. Not one complaint when Republican stunts cost billions (like Abbot’s grandstanding truck inspection farce that found absolutely nothing but cost $4 billion).

Republicans were in charge fully, it’s their mess. Covid didn’t hurt countries like NZ that took it seriously even a small fraction of how much Trump’s denials for months and lack of a plan ever decimated America. Trump’s/MAGA’s fault.
Government waited too long to start subsidies, giving people a reason to go to work and spread disease, ending with over 1 million deaths. You really DO get literally EVERYTHING wrong, then can’t understand why you are failing so consistently.

🤦‍♂️

bobknight33 said:

Unemployment low. : For now
Gdp high. lowing down
Inflation falling. : Because lack of $ in pockets
Markets rising. : Nope Going sideways last few months
Sounds good to me. : Calm before the storm.


Republicans will raise the ceiling. Rep not the fault of this mess.
Covid lock downs and too much Gov $ dumped in the system too quickly

bobknight33 (Member Profile)

newtboy says...

ROTFLMFAHS!! You guys need to stop, I can’t get anything done if I spend all day laughing until my sides split.

Green tried to blame Biden for the fentanyl flood by trotting out a pair of dead teens whose deaths she blamed on Biden….they knew for a fact they had died in the early summer of 2020 from fentanyl brought in on Trump’s watch. When asked about the intentional misrepresentation to the American people her official response was “Do you think they give a f**k about your bullsh*t fact checking?”

Bohbert tried to blame Biden for federal workers abusing work from home to take vacations while getting paid, citing statistics from 2020 when Trump’s administration was incapable of formulating a plan/policy to avoid that…apparently unaware who was president in 2020 or that the administration and policies had changed since then.

Gaetz tried to blame Biden for supplying weapons to a paramilitary force Russia accused of war crimes, citing a Chinese propaganda publication, “the global times”…the reply was “I don’t take Beijing propaganda at face value.” which Gaetz had to admit was a much more intelligent position than his.

Banana Republicans tried hard to show Biden had forced Twitter to censor right wing political speech, but only proved that Trump repeatedly abused the power of the federal government to force multiple private companies to censor private citizens for upsetting him while Biden’s camp only requested they remove nude revenge porn against a private citizen that clearly and blatantly violated their TOS (and some laws).

Oof! The “L”s are coming fast and hard. Pretty sad when you start and run the investigations and just keep proving how guilty you are and how squeaky clean your opponent is by comparison. You must be so proud. I guess you all got tired of winning.

Bonus- Having learned nothing from the banking crash of ‘08 caused by Banana Republican bank deregulation, and despite all the warnings from economists and the CBO report that the plan would likely lead to another round of enormous bank failures, Banana Republicans again deregulated banks in 2018 which has now led to another round of bank failures that taxpayers will likely end up paying trillions for again in the end. Thanks Trump.
Now Fox and Republicans who caused this failure are actively working hard to turn one bank failure into a depression by telling their viewers to start a run on the banks, all banks, because they believe they can pin the results on Biden.
Also, google Larry Householder and Matt Borges

Mental Health Care: Last Week Tonight with John Oliver (HBO)

Mental Health Care: Last Week Tonight with John Oliver (HBO)

noseeem says...

17:54 j u s t might point out a problem with the 'system'. A professional that can't think of ONE case other than the time it didn't matter anyway...really?

Healthcare. Health is promoted by those who can and do care.

Seems like a lot of us care about our's and others' health so why aren't we all in this together? Has to be some point where doctors can practice w/o being OVER REGULATED, yet still well compensated. Would start by looking at our countries' systems as our's are depressingly anti-change.

This is should be in the mindset of everyday Americans, especially when this
https://tinyurl.com/48n562sa
resonates with most Americans

GDP down for 2nd quarter. America is in a recession.

newtboy jokingly says...

economic depression— An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies.

Why wouldn’t fake right wing propaganda step up to the plate for all of 2020 when GDP dropped 33% in one quarter and 3.5% for the year, unemployment exploded, and likely more businesses closed per day than ever in history?

Last year was ridiculously good, 5.7% growth (to compare, Trump barely averaged 1% growth), so it’s not surprising things swung the other way. This is technically a recession, but a very weak one unlike 2020.

bobknight33 said:

Dictionary
Definitions from Oxford

a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.


IF only the other fake news would step up to the plate.

Biden and the June job reports

luxintenebris jokingly says...

give it up buttercup.

watched and waited for the '08 crash - then doubled investment in 8 mos.

so should be thankful for the GOP and W?

to believe the economy moves on a dime or by the will of the sitting President - have a bridge willing to part with....

can't think like yourself. not sage, safe or sane.

SIDEBAR: many conservatives can't get past FDR. they say w/o WWII, the Depression would have gone on longer.* that FDR only made it last longer...

...well thank GOD for Hitler?!


* [Kinison Theory at work - which was quickly dismissed when Obama wanted to use the idea]

bobknight33 said:

[edited for brevity]

bob being bob

100% correct...etc.



Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists

Beggar's Canyon