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Economist says we are entering a recession; more hope and change
Topic Started: Jun 5 2016, 03:57 PM (521 Views)
Thumper
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I have never witnessed such large inflation that has rapidly occurred while under Obamas reign. Price of groceries and building materials have gone sky high. Obama will be known as another Jimmy Carter.
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Banandangees
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Stoned
Jun 6 2016, 01:33 AM
Banandangees
Jun 5 2016, 09:06 PM
Opps! There goes Brew with his "source" thingy again. His best retort offer to the content. He credits Breitbart for some bias and untruthfulness. Never mind that Breitbart apparently is quoting that left leaning source of CNBC and it's "senior contributor," Larry Kudlow and not a Breitbart original at all. An example of "Brew facts." But, if it's the best you've got, then it's the best you've got.

Also, Brew and Sea both refer to the left leaning source link as being "gloom and doom." That appears, from the title, as being a bit of an exaggeration, which in itself is a misleading "Brew/Sea facts." The title, in case you didn't bother to read it, is "We are in a Mild Business Recession." Hardly being worthy of reaching the level of gloom and doom I'd say.

I can't believe that all Canadians are like Brew and Sea. In fact, I refuse to believe it. Although, I could be wrong.
Larry Kudlow. I would say he is a bit of a conservative and hasn't a great track record.



Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008. In December 2007, he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come".[19] In May 2008 he wrote: "President George W. Bush may turn out to be the top economic forecaster in the country".............................


https://en.wikipedia.org/wiki/Lawrence_Kudlow

Well, that's an opinion concerning Larry Kudlow. You're entitled to your opinion just as CNBC is; but it remains that the article "source" as Brew stated, didn't originate with Breitbart. And, the article didn't emphasize "gloom and doom." That was all LWEC misleadings by Brew and Sea..... talk about biased sources. Besides, I don't remember any link from a conservative source that you implied had a "great track record." You have to admit that you are a biased liberal (or lefty, what ever you prefer).


Addendum: But did you really have to go back a decade to show that Kudlow made a "prediction" that didn't happen. Perhaps you should have linked the whole wiki description of Kudlow and not "cherry pick" so that the reader could make an honest opinion of Larry Kudlow.
Edited by Banandangees, Jun 6 2016, 02:37 AM.
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Banandangees
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Brewster
Jun 6 2016, 01:36 AM
Pat, Ban and Thump read the stuff, but just don't get it - If Kudlow had said "mild improvement", Breitbart would never have posted the article at all...

And look at what Breitbart put as their conclusion, and Pat, sucked in as usual, even emphasized:
Quote:
 
“It’s not a pretty picture” he added. “I think we are in a mild business recession. “It’s not a whole economy recession, because consumers are still spending some and housing is OK, but I gotta tell ya — business recessions are always the leading indicator.”

So Breitbart, even while reporting real facts, twisted them, and Pat immediately seized upon the twist and between them they made a mild recessionary trend sound like impending doom.

You guys will never learn.

Pat, you've been telling us that a huge downturn is impending ever since Obama took office, and the GDP and employment numbers just keep climbing.

Time is running out..

BTW Ban - CNBC is a "left leaning" source? You've got to be kidding!

(Well I guess if they're not stridently Right like Breitbart, they must be "left leaning"... Correct Ban?)

Brew, you are so full of misleading BS. Where did Breitbart print anything in that link that sounded like impending doom. They printed verbatim what Larry Kudlow said..... A MILD BUSINESS RECESSION.

Here is the whole Larry Kudlow statement:

From Newsmax where the interview originated: http://www.newsmax.com/Newsfront/larry-kudlow-economy-mild-recession/2016/06/03/id/732277/

That was on June 3rd 2016..... PRESENTLY! A Mild Business Recession (no gloom & doom), (no misquote or exaggeration by Breitbart), (only an exaggeration from Brew and Sea..... they are the only ones mentioning gloom & doom). AND, those weren't facts coming from Brew, it was only his opinion that Beitbart tried to mislead or misquote. When is he going to learn that he's not seen as the truthful authority on everything?


That being said, whose to say that Pat (and many economists) are wrong in that a much bigger financial downturn looms and is not to happen in the future. We are certainly set up for it by being $20 trillion in debt:

This is a picture of what a picture of $15 trillion (3/4 of our Federal debt) looks like in $100 dollar bills stacked next to a semi and the statute of liberty: http://www.livingthai.org/wp-content/uploads/2011/07/US-15-trillion-dollar-debt.jpg
Edited by Banandangees, Jun 6 2016, 03:11 AM.
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Stoned
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Banandangees
Jun 6 2016, 02:32 AM
Stoned
Jun 6 2016, 01:33 AM
Banandangees
Jun 5 2016, 09:06 PM
Opps! There goes Brew with his "source" thingy again. His best retort offer to the content. He credits Breitbart for some bias and untruthfulness. Never mind that Breitbart apparently is quoting that left leaning source of CNBC and it's "senior contributor," Larry Kudlow and not a Breitbart original at all. An example of "Brew facts." But, if it's the best you've got, then it's the best you've got.

Also, Brew and Sea both refer to the left leaning source link as being "gloom and doom." That appears, from the title, as being a bit of an exaggeration, which in itself is a misleading "Brew/Sea facts." The title, in case you didn't bother to read it, is "We are in a Mild Business Recession." Hardly being worthy of reaching the level of gloom and doom I'd say.

I can't believe that all Canadians are like Brew and Sea. In fact, I refuse to believe it. Although, I could be wrong.
Larry Kudlow. I would say he is a bit of a conservative and hasn't a great track record.



Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008. In December 2007, he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come".[19] In May 2008 he wrote: "President George W. Bush may turn out to be the top economic forecaster in the country".............................


https://en.wikipedia.org/wiki/Lawrence_Kudlow

Well, that's an opinion concerning Larry Kudlow. You're entitled to your opinion just as CNBC is; but it remains that the article "source" as Brew stated, didn't originate with Breitbart. And, the article didn't emphasize "gloom and doom." That was all LWEC misleadings by Brew and Sea..... talk about biased sources. Besides, I don't remember any link from a conservative source that you implied had a "great track record." You have to admit that you are a biased liberal (or lefty, what ever you prefer).


Addendum: But did you really have to go back a decade to show that Kudlow made a "prediction" that didn't happen. Perhaps you should have linked the whole wiki description of Kudlow and not "cherry pick" so that the reader could make an honest opinion of Larry Kudlow.
If there is somethng in the whole article you find to your favor by all means bring it up. Equally so if you know something about Kudlow that is not there.

You have to admit that defending the Bush economy in 2007 and 2008 took a bit of balls..................or duplicity.
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Banandangees
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Good grief, why are you diverting away from the thread theme? Read my last post. What more can I say. Some libs are like discussing real facts (facts as they are written in the original post and what Kudlow really said) with a stone. The stone is rock solid, thick, unchanging except when needed to be pulverized, but that won't change it's chemical makeup.

What I didn't find in the "whole article" (are you following so far) was the misquote or misrepresentation by Breitbart of what Kudlow said, nor did I find anything that indicated "gloom and doom."
Edited by Banandangees, Jun 6 2016, 03:18 AM.
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Stoned
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Banandangees
Jun 6 2016, 03:17 AM
Good grief, why are you diverting away from the thread theme? Read my last post. What more can I say. Some libs are like discussing real facts (facts as they are written in the original post and what Kudlow really said) with a stone. The stone is rock solid, thick, unchanging except when needed to be pulverized, but that won't change it's chemical makeup.

What I didn't find in the "whole article" (are you following so far) was the misquote or misrepresentation by Breitbart of what Kudlow said, nor did I find anything that indicated "gloom and doom."
Get a grip. All I said was that Kudlow was not, shall we say, an impeccable source. Pat left out that little word "mild" thereby changing the whole meaning and you had no complaint with that.

In any event, the worth of the entire article was nada, zilch, nothing.

One has to search the entire web to come up with something like he states.
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Banandangees
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:teeth: You're a peach Stoned. If you consider that the thread is worth "nada, zilch, nothing," why are you even participating in it?

My "grip" seems to be an answer to the left's misrepresentation and added exaggeration. You and/or Brew have contributed nothing of "truth" in this whole thread.... just misrepresentation, exaggeration and diversion.
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Stoned
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Banandangees
Jun 6 2016, 05:02 AM
:teeth: You're a peach Stoned. If you consider that the thread is worth "nada, zilch, nothing," why are you even participating in it?

My "grip" seems to be an answer to the left's misrepresentation and added exaggeration. You and/or Brew have contributed nothing of "truth" in this whole thread.... just misrepresentation, exaggeration and diversion.
Correct me if I am wrong. Sources thast have been proven to be less than accurate in the past, if they are preaching for republicans, should be considered beyond reproach. Their previous misinformation dead and buried.

Do I have that right?
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Sea Dog
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This is what I was replying to,

"It sounds like the next president gets to inherit a recession. The bad economic numbers are becoming too hard to ignore.

And this coupled with near zero economic growth

Sounds like doom and gloom to me!
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Banandangees
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But that is not the case here. Breitbart did not misquote, misrepresent, lie, or exaggerate what Kudlow said in his interview with Newsmax. Those are the facts that the left imply they live by. The misrepresenting and exaggeration came from Brew (and slightly [only once] from Sea). Even now, you supply no credible evidential source information/link that Breitbart is any more biasly inaccurate with it's presentations than many think news sources such as Rawstory and Salon are. It's all equalized opinion.

But in this thread, the facts are simply laid out. All the misrepresentation, exaggeration and bias has come from a few on the left side of this forum. It's an obviosity, even with all the attempted diversion from the thread theme.

Addendum: This post addressed to Stoned last post.
Edited by Banandangees, Jun 6 2016, 08:07 AM.
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