The Nation's Financial Condition
- Jim Malone
- Posts: 312
- Joined: Thu Nov 15, 2018 1:27 pm
- Location: Long Island, New York
Re: The Nation's Financial Condition
The Fed buying up US Treasuries is not QE anymore?
The parent, not the coach.
Re: The Nation's Financial Condition
This is why China is right to laugh when we claim they manipulate their currency.
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Re: The Nation's Financial Condition
a fan wrote: ↑Mon Oct 14, 2019 11:14 amYour flying business is good, no?Peter Brown wrote: ↑Mon Oct 14, 2019 8:28 am Is that truly accurate? I travel to Denver a decent amount. I have never looked at those local roads and bridges (and airports!) as anything less than spectacular, new, solid. I do not live there obviously, but is the news of our country's infrastructure collapsing perhaps highly exaggerated?
The amount of money the FAA is spending on airfields around America is staggering...I am not aware of one airport (commercial or private) which is not seeing a decent flow of dollars upgrading runways, terminals, mass transit, FBO's, etc...
Why? Because more people are flying then they were 20 years ago, no? Would you expect more wear and tear on infrastructure? How's funding to air traffic control, the FAA, etc?
When I say infrastructure, I'm specifically talking about roads, bridges, forests, dams, storm water systems, water, electricity, and even internet.
We're falling apart. Notice how many more fires we're having out West? We have no money for forest management.
You could be correct on 'infrastructure' but I just don't see it; I see better and better engineering, technology, and software, helping all of us make massive strides forward in transportation.
By the way, more people fly today than ever not because of some unexplained phenomenon....more people fly today because the cost efficiencies of air travel are bearing fruit at every corner. Engines are more powerful, more efficient on Jet A, way lighter, and way less polluting, and not for nothing, less expensive relative to inflation and time-out-cost-to-air-mile traveled.
And flying as a % of income/wealth will only get cheaper (and safer!)!
It sounds strange, but private air travel is the future for almost every person born today and beyond. And by private, I do not mean a G650 with all the bling, but affordable UberElevate and electric air taxis; long distance travel will still require large body commuting for the masses.
The golden age of aviation is very near, and when the cost efficiencies of private electric travel start bearing its own fruit, travelers will be delirious. I am telling you, no better time to be alive and working than now! Every day I get to work I am more excited than the day before. I wish I was 21 again!
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Re: The Nation's Financial Condition
Greatest trade deal in the history of our nation, which gets rid of the worst trade deal ever struck....what a joke.FOX BUSINESS: USMCA to Add $68.2B to US Economy, Spur 176K Jobs Says Key Independent Review Panel
“A new trade agreement between the U.S., Mexico and Canada would add $68.2 billion to the U.S. economy and create 176,000 new jobs, according to a study from the International Trade Commission released on Thursday. … ‘The model estimates that the agreement would likely have a positive impact on all broad industry sectors within the U.S. economy,’ the [ITC] report says. ‘Manufacturing would experience the largest percentage gains in output, exports, wages, and employment, while in absolute terms, services would experience the largest gains in output and employment.’”
U.S.-Mexico-Canada Trade Agreement: Likely Impact on the U.S. Economy and on Specific Industry Sectors
- ChairmanOfTheBoard
- Posts: 967
- Joined: Tue Jan 30, 2018 8:40 pm
- Location: Having a beer with CWBJ in Helsinki, Finland
Re: The Nation's Financial Condition
agreed. and why is this?
because no one has to. voters won't hold officials to this standard. it's a systemic issue. just like your post about special interests & mousetraps.
There are 29,413,039 corporations in America; but only one Chairman of the Board.
- ChairmanOfTheBoard
- Posts: 967
- Joined: Tue Jan 30, 2018 8:40 pm
- Location: Having a beer with CWBJ in Helsinki, Finland
Re: The Nation's Financial Condition
had recently thought about this and wondered- isnt this what's causing all this talk in the news about overtourism, bad behavior, selfie-injuries, people defacing historic sites, etc.Peter Brown wrote: ↑Mon Oct 14, 2019 12:57 pma fan wrote: ↑Mon Oct 14, 2019 11:14 amYour flying business is good, no?Peter Brown wrote: ↑Mon Oct 14, 2019 8:28 am Is that truly accurate? I travel to Denver a decent amount. I have never looked at those local roads and bridges (and airports!) as anything less than spectacular, new, solid. I do not live there obviously, but is the news of our country's infrastructure collapsing perhaps highly exaggerated?
The amount of money the FAA is spending on airfields around America is staggering...I am not aware of one airport (commercial or private) which is not seeing a decent flow of dollars upgrading runways, terminals, mass transit, FBO's, etc...
Why? Because more people are flying then they were 20 years ago, no? Would you expect more wear and tear on infrastructure? How's funding to air traffic control, the FAA, etc?
When I say infrastructure, I'm specifically talking about roads, bridges, forests, dams, storm water systems, water, electricity, and even internet.
We're falling apart. Notice how many more fires we're having out West? We have no money for forest management.
You could be correct on 'infrastructure' but I just don't see it; I see better and better engineering, technology, and software, helping all of us make massive strides forward in transportation.
By the way, more people fly today than ever not because of some unexplained phenomenon....more people fly today because the cost efficiencies of air travel are bearing fruit at every corner. Engines are more powerful, more efficient on Jet A, way lighter, and way less polluting, and not for nothing, less expensive relative to inflation and time-out-cost-to-air-mile traveled.
And flying as a % of income/wealth will only get cheaper (and safer!)!
It sounds strange, but private air travel is the future for almost every person born today and beyond. And by private, I do not mean a G650 with all the bling, but affordable UberElevate and electric air taxis; long distance travel will still require large body commuting for the masses.
The golden age of aviation is very near, and when the cost efficiencies of private electric travel start bearing its own fruit, travelers will be delirious. I am telling you, no better time to be alive and working than now! Every day I get to work I am more excited than the day before. I wish I was 21 again!
There are 29,413,039 corporations in America; but only one Chairman of the Board.
Re: The Nation's Financial Condition
thinking long term requires a high degree of selflessness and integrity, particularly for a politician. It also takes judgement and the ability to think critically. What our elections show us over and over again is that the vast majority of voters do not have these qualities, and therefore politicians don't have to either.ChairmanOfTheBoard wrote: ↑Wed Oct 16, 2019 1:16 pmagreed. and why is this?
because no one has to. voters won't hold officials to this standard. it's a systemic issue. just like your post about special interests & mousetraps.
STILL somewhere back in the day....
...and waiting/hoping for a tinfoil hat emoji......
...and waiting/hoping for a tinfoil hat emoji......
- ChairmanOfTheBoard
- Posts: 967
- Joined: Tue Jan 30, 2018 8:40 pm
- Location: Having a beer with CWBJ in Helsinki, Finland
Re: The Nation's Financial Condition
yep. i think it's systemic.
There are 29,413,039 corporations in America; but only one Chairman of the Board.
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- Joined: Sat Feb 23, 2019 10:53 am
Re: The Nation's Financial Condition
This one is bigger to me than even roads and bridges
https://www.infrastructurereportcard.or ... ing_water/
https://www.infrastructurereportcard.or ... ing_water/
Now I love those cowboys, I love their gold
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Re: The Nation's Financial Condition
Trump wants the cleanest water.
“I don’t take responsibility at all.” —Donald J Trump
Re: The Nation's Financial Condition
It's freaking insane. We've had 10 years without a recession. And our government is so messed up that they can't agree to do the one thing government does that has inherent economic gains....invest in infrastructure. Road, dams, power, energy distribution, internet, water, wastewater, storm water, forest management, etc.Farfromgeneva wrote: ↑Wed Oct 16, 2019 6:36 pm This one is bigger to me than even roads and bridges
https://www.infrastructurereportcard.or ... ing_water/
All of it has been neglected this entire time. Both parties Idiots.
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- Joined: Sat Feb 23, 2019 10:53 am
Re: The Nation's Financial Condition
Now I love those cowboys, I love their gold
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Re: The Nation's Financial Condition
yep....a fan wrote: ↑Wed Oct 16, 2019 8:31 pmIt's freaking insane. We've had 10 years without a recession. And our government is so messed up that they can't agree to do the one thing government does that has inherent economic gains....invest in infrastructure. Road, dams, power, energy distribution, internet, water, wastewater, storm water, forest management, etc.Farfromgeneva wrote: ↑Wed Oct 16, 2019 6:36 pm This one is bigger to me than even roads and bridges
https://www.infrastructurereportcard.or ... ing_water/
All of it has been neglected this entire time. Both parties Idiots.
STILL somewhere back in the day....
...and waiting/hoping for a tinfoil hat emoji......
...and waiting/hoping for a tinfoil hat emoji......
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- Posts: 3219
- Joined: Mon Jul 30, 2018 12:21 pm
Re: The Nation's Financial Condition
It's not all that bad...we got a "B" in railroads and a "C+" in bridges, ports and solid waste.a fan wrote: ↑Wed Oct 16, 2019 8:31 pmIt's freaking insane. We've had 10 years without a recession. And our government is so messed up that they can't agree to do the one thing government does that has inherent economic gains....invest in infrastructure. Road, dams, power, energy distribution, internet, water, wastewater, storm water, forest management, etc.Farfromgeneva wrote: ↑Wed Oct 16, 2019 6:36 pm This one is bigger to me than even roads and bridges
https://www.infrastructurereportcard.or ... ing_water/
All of it has been neglected this entire time. Both parties Idiots.
Re: The Nation's Financial Condition
Freakin Welfare State:
APNewsBreak: West Virginia billionaire Gov. Justice’s family farms received $125,000 from federal trade-war subsidy
Justice, a Trump-loving business magnate who hardly fits the profile of a struggling farmer. He is worth $1.5 billion, and owns over 50 businesses, including a network of coal mines and the Greenbriar luxury resort, a popular gathering place for Republican officials.
https://apnews.com/4b1a60c53e43494a8171 ... SocialFlow
APNewsBreak: West Virginia billionaire Gov. Justice’s family farms received $125,000 from federal trade-war subsidy
Justice, a Trump-loving business magnate who hardly fits the profile of a struggling farmer. He is worth $1.5 billion, and owns over 50 businesses, including a network of coal mines and the Greenbriar luxury resort, a popular gathering place for Republican officials.
https://apnews.com/4b1a60c53e43494a8171 ... SocialFlow
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
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Re: The Nation's Financial Condition
This is major news, and I realize that many here have a permanent hatred of Trump, but I would caution you to ignore these statistics at your peril. Voters are way smarter than what you probably think, or want them to be. (I have a theory on politics: we always get what we deserve and what we want).
A study by former Census Bureau researchers and now statisticians at Sentier Research has found gigantic income gains for the middle class under Trump. The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976, up from about $61,000 when he entered office (January 2017). Under George W. Bush, the household income gains were a little over $400 in eight years, and under Barack Obama the gains were $1,043. That was in eight years for each. Under Trump, in less than three years, the extra income is about three times larger.
A study by former Census Bureau researchers and now statisticians at Sentier Research has found gigantic income gains for the middle class under Trump. The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976, up from about $61,000 when he entered office (January 2017). Under George W. Bush, the household income gains were a little over $400 in eight years, and under Barack Obama the gains were $1,043. That was in eight years for each. Under Trump, in less than three years, the extra income is about three times larger.
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Re: The Nation's Financial Condition
Mostly from the tax cut which is just pulling forward future income by deferring future expenses.
Now I love those cowboys, I love their gold
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Re: The Nation's Financial Condition
Where is a source for this being "middle class" income only? Don't believe it.Peter Brown wrote: ↑Fri Oct 18, 2019 9:38 am This is major news, and I realize that many here have a permanent hatred of Trump, but I would caution you to ignore these statistics at your peril. Voters are way smarter than what you probably think, or want them to be. (I have a theory on politics: we always get what we deserve and what we want).
A study by former Census Bureau researchers and now statisticians at Sentier Research has found gigantic income gains for the middle class under Trump. The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976, up from about $61,000 when he entered office (January 2017). Under George W. Bush, the household income gains were a little over $400 in eight years, and under Barack Obama the gains were $1,043. That was in eight years for each. Under Trump, in less than three years, the extra income is about three times larger.
STAND AGAINST FASCISM
- youthathletics
- Posts: 15915
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Re: The Nation's Financial Condition
On this forum, the chosen one, Obama, will get that credit.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
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Re: The Nation's Financial Condition
jhu72 wrote: ↑Fri Oct 18, 2019 9:50 amWhere is a source for this being "middle class" income only? Don't believe it.Peter Brown wrote: ↑Fri Oct 18, 2019 9:38 am This is major news, and I realize that many here have a permanent hatred of Trump, but I would caution you to ignore these statistics at your peril. Voters are way smarter than what you probably think, or want them to be. (I have a theory on politics: we always get what we deserve and what we want).
A study by former Census Bureau researchers and now statisticians at Sentier Research has found gigantic income gains for the middle class under Trump. The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976, up from about $61,000 when he entered office (January 2017). Under George W. Bush, the household income gains were a little over $400 in eight years, and under Barack Obama the gains were $1,043. That was in eight years for each. Under Trump, in less than three years, the extra income is about three times larger.
It says on my post what the source is, Sentier Research (ex-Census Bureau employees, based in Annapolis MD). here is the study:
https://www.sentierresearch.com/pressre ... _03_19.pdf