• This is a political forum that is non-biased/non-partisan and treats every persons position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!
  • Welcome to our archives. No new posts are allowed here.

How is the US economy doing?

US Economy

  • Great, little improvement needed

    Votes: 8 29.6%
  • Good, needs some improvement

    Votes: 7 25.9%
  • Not too good, needs lots improvement

    Votes: 3 11.1%
  • Bad, needs a ton of work

    Votes: 9 33.3%

  • Total voters
    27

Lantzolot

Member
Joined
Sep 15, 2005
Messages
67
Reaction score
1
Location
Arkansas
Gender
Male
Political Leaning
Very Conservative
What do you think? I personally think it is doing quite well. Especially with falling gas prices and the Value of the dollar increasing.
 

Deegan

DP Veteran
Joined
Aug 1, 2005
Messages
5,528
Reaction score
2
Location
Chicago
Gender
Male
Political Leaning
Conservative
I can tell you as a nation wide wholesale company, it's going quite well. Sales are through the roof, all of my customers are placing orders, and are expressing to me, a real change from last year in their retail stores. I am making money hand over fist, and life is good, I feel sorry for anyone who is under the impression that it is, anything but terrific, and getting better daily.;)
 

Lantzolot

Member
Joined
Sep 15, 2005
Messages
67
Reaction score
1
Location
Arkansas
Gender
Male
Political Leaning
Very Conservative
The US economy grew by a faster-than-expected 4.3 per cent in the third quarter, shrugging aside both higher interest rates and the most damaging hurricane season in recent history.
-Financial Times

I'm paying $1.94 for a gallon of gas in Bentonville, AR. That seems pretty low compared to 4 months ago. AND supposedly it is to fall further. Low gas prices boost confidence in consumers and that will hopefully lead to more spending and a better economy.

http://www.epi.org/content.cfm/webfeatures_econindicators_jobspict_20051104

The above site shows more jobs being created (56,000 in october-pretty darn good for the recent hurricanes)
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
Any capitalist economy that is doing well, will soon go down, as according to business cycles, it may be good now, but sometimes the better they are doing, the more they fall. E.g. in the 1920's the economy was considered to be doing extraordinarily well, the 1930's the Great Depression. So while high points of economy are welcomed, you have to pay the price, soon after will come either a recession or depression. So it may be considered good, but because it is good, it will soon collapse.
 

Lantzolot

Member
Joined
Sep 15, 2005
Messages
67
Reaction score
1
Location
Arkansas
Gender
Male
Political Leaning
Very Conservative
Comrade Brian said:
Any capitalist economy that is doing well, will soon go down, as according to business cycles, it may be good now, but sometimes the better they are doing, the more they fall. E.g. in the 1920's the economy was considered to be doing extraordinarily well, the 1930's the Great Depression. So while high points of economy are welcomed, you have to pay the price, soon after will come either a recession or depression. So it may be considered good, but because it is good, it will soon collapse.
The economies of the 20's and 30's were very different than those of today. The market went completely unmonitered and people borrowed money to buy stock. Big mistake.

After a recession comes a period of renewed growth.
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
Lantzolot said:
The economies of the 20's and 30's were very different than those of today. The market went completely unmonitered and people borrowed money to buy stock. Big mistake.

After a recession comes a period of renewed growth.
The economies of the 1920's and 1930's were still based upon the same econmic system, though. Some things have changed, but most of the structure remains intact, and markets are becoming more unmonitered.

But during the recessions people become more pessimistic about the current systems, history has shown that during times of recession, anti-capitalism is more apparant, such as Germany and Hitler. And during the 30's, I believe that the Socialist party was something like the 3rd largest in America, Communist, 4th. Also back to Germany, the Communist party there was 3rd largest, and had legislature seats, until Hitler.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Deegan said:
I can tell you as a nation wide wholesale company, it's going quite well.
I'm in transportation, involved in raw materials to industry, goods from indistry to wholesale, and wholesale to retail.

2005 is almost as busy as 2004, and 2004 was the busiest in the last 10 years.

Further, transportation volume is a leading indicator, and as such, I dont see an economic slowdown any time soon-- in fact, we're moving into the 'slow' season, and we're just as busy as the busy season.

So, given my reasonably broad exposure to a reasonably effective economic indicator, I'd say the economy is doing pretty darned well.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Comrade Brian said:
Any capitalist economy that is doing well, will soon go down, as according to business cycles, it may be good now, but sometimes the better they are doing, the more they fall. E.g. in the 1920's the economy was considered to be doing extraordinarily well, the 1930's the Great Depression. So while high points of economy are welcomed, you have to pay the price, soon after will come either a recession or depression. So it may be considered good, but because it is good, it will soon collapse.
IIRC, we just went the worst economy in 50 years - at least that's what teh democrats told us.. Guess that means we're at the -beginning- of the growth/retraction cycle, not the middle or the end.

Will it slow down sometime? Sure. Always does. That doesnt in any way mean the economy isnt strong, presently.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Comrade Brian said:
But during the recessions people become more pessimistic about the current systems, history has shown that during times of recession, anti-capitalism is more apparant...
Hmm.
One can only wonder why the anti-capitalists (that is, the Modern American Liberals) didn't win in 2002 and 2004, during the 'worst comomy in 50 years'.

I think you're stuck in a 19th century paradigm.
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
M14 Shooter said:
Hmm.
One can only wonder why the anti-capitalists (that is, the Modern American Liberals) didn't win in 2002 and 2004, during the 'worst comomy in 50 years'.
Liberals aren't anti-capitalist, I still can't figure out why some believe that, maybe you could enlighten me?
 
T

The Real McCoy

Comrade Brian said:
Liberals aren't anti-capitalist, I still can't figure out why some believe that, maybe you could enlighten me?
I've lost count of the number of liberals I've heard preaching the evils of capitalism.
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
The Real McCoy said:
I've lost count of the number of liberals I've heard preaching the evils of capitalism.
Maybe they just recognise some problems, and not believing its entirly perfect, but most would view capitalism positivly, anti-capitalists don't. They probably live more in reality than those who believe nothing about capitalism is bad.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Comrade Brian said:
Maybe they just recognise some problems, and not believing its entirly perfect, but most would view capitalism positivly, anti-capitalists don't. They probably live more in reality than those who believe nothing about capitalism is bad.
Well, if thats the case, and the Modern Americal Liberals (rightfully self-described as Socialists in countrues where they can admit it in public) arent anti-capitalists, then your theory is just that much weaker -- it means there hasnt been even an inlking of an 'anti-capitalist' uprising in any of the economic slowdown of the last half-century.

Twice, in 1992 and 2002/2004, we were told the economy was the 'worst in 50 years' -- if that wont trigger an anti-capitalist uprising, what will?
 

Iriemon

DP Veteran
Joined
Aug 10, 2005
Messages
19,405
Reaction score
2,187
Location
Miami
Gender
Undisclosed
Political Leaning
Undisclosed
M14 Shooter said:
IIRC, we just went the worst economy in 50 years - at least that's what teh democrats told us.. Guess that means we're at the -beginning- of the growth/retraction cycle, not the middle or the end.

Will it slow down sometime? Sure. Always does. That doesnt in any way mean the economy isnt strong, presently.
I agree the Dems tried to make too big a thing out of the economy. Same with jobs. Jobs were not an issue in 2004. The unemployment rate was about 5.5%, maybe a point higher than at its best in the 90s, but historically still in the very good column. That issue was a loser for the Dems.

It is probably true stock market performance in 1999-2001 was about the worst in 50 years, but not the economy, by a long shot.
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
M14 Shooter said:
Well, if thats the case, and the Modern Americal Liberals (rightfully self-described as Socialists in countrues where they can admit it in public) arent anti-capitalists, then your theory is just that much weaker -- it means there hasnt been even an inlking of an 'anti-capitalist' uprising in any of the economic slowdown of the last half-century.

Twice, in 1992 and 2002/2004, we were told the economy was the 'worst in 50 years' -- if that wont trigger an anti-capitalist uprising, what will?
Liberals in the US aren't socialist, I shall say no more on that idiotic subject.

There have been so-called "anti-capitalist" uprisings, but none in America, media tends to be very persuasive. Unfortunatly most resulted in state-controlled economies, and there are some "anti-capitalist" revolutions/uprisings with groups such as the Zapatistas in Mexico, Maoists in Nepal(a full-scale war it is coming to), FARC in Colombia, Shinig Path in Peru(it still is there but is disappearing). There are many other countries that I haven't described.
 
T

The Real McCoy

Comrade Brian said:
Maybe they just recognise some problems, and not believing its entirly perfect, but most would view capitalism positivly, anti-capitalists don't. They probably live more in reality than those who believe nothing about capitalism is bad.
I agree with that. It's foolish to claim capitalism is perfect but no human organized system is... I just think capitalism is the best one we have.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Comrade Brian said:
Liberals in the US aren't socialist, I shall say no more on that idiotic subject.
Of course it is.

Never mind that Modern American Liberals LOVE the idea of the state owning and (especially) controlling the means of producing and distributing wealth, and the redistribution of wealth through the welfare state.

And I shall say no more on that idiotic subject.

There have been so-called "anti-capitalist" uprisings, but none in America,
And thus, my point is made. Thank you.
 

M14 Shooter

DP Veteran
Joined
Sep 30, 2005
Messages
2,622
Reaction score
68
Location
Toledo-ish OH
Gender
Male
Political Leaning
Very Conservative
Iriemon said:
I agree the Dems tried to make too big a thing out of the economy. Same with jobs. Jobs were not an issue in 2004. The unemployment rate was about 5.5%, maybe a point higher than at its best in the 90s, but historically still in the very good column. That issue was a loser for the Dems.

It is probably true stock market performance in 1999-2001 was about the worst in 50 years, but not the economy, by a long shot.

Good to see we can agree on something.
 

Comrade Brian

DP Veteran
Joined
Apr 18, 2005
Messages
1,239
Reaction score
0
Location
NE, Minnesota
Gender
Male
Political Leaning
Undisclosed
M14 Shooter said:
And thus, my point is made. Thank you.
I noticed you skipped everything else in the paragraph.

There have been anti-capitalist uprisings/movements in the past, more than 50 yrs. ago, IWW, is probably the most famous, but there are others, countless others.
 

Nikola

Banned
Joined
Nov 8, 2005
Messages
12
Reaction score
0
Location
Florence AL
Gender
Male
Political Leaning
Independent
The economy is doing great, I'm a chairman of Mechacorp. and in the last 5 years we have doubled the stock, our employees have triple the pay, and twice as many people now than we have had 5 years ago. and you know what amazes me? people are saying that its horrible, and even more surpirising, is that their saying its the President's fault.
 
Top Bottom