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Last

07-27-2018 , 05:34 PM

#4701

metsandfinsfan

banned

Join Date: Jan 2006 Posts: 160,445

So gdp is irrelevant to the average Joe?

07-27-2018 , 05:35 PM

#4702

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

Ok better countries buy oil from us than from our enemies

You are still artificially constraining the possibilities.

How about instead of destroying national parks we replace energy needs with solar?

07-27-2018 , 05:36 PM

#4703

Luckbox Inc

Carpal \'Tunnel

Join Date: Sep 2008 Posts: 62,429

Quote:

Originally Posted by Birdman10687

There seems to me no reason to root for America beyond self interest. And if self interest is your goal, the GDP increasing doesn’t matter for anyone outside the top 10% of wealth holders. Even outside the 1% it means very little.

What percent would mean something one wonders?

07-27-2018 , 05:36 PM

#4704

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

So gdp is irrelevant to the average Joe?

Correct

Look at median wages over the past 40 years compared to GDP growth

Workers have increased productivity a ton since 1980 but their wages of stayed the same. GDP growth is all being funneled to the rich and ultra rich

07-27-2018 , 05:36 PM

#4705

metsandfinsfan

banned

Join Date: Jan 2006 Posts: 160,445

Quote:

Originally Posted by Birdman10687

I mean I’m less concerned with what people say on Twitter and more concerned with actual stuff happening

https://www.theguardian.com/us-news/...ost-taxes-usps

07-27-2018 , 05:37 PM

#4706

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by Luckbox Inc

What percent would mean something one wonders?

Ultimately GDP growth, even if it was somehow distributed evenly across the board in america, would mostly just come from extracting value from the global south. I can’t get too excited about that even not considering it is an impossible hypothetical

07-27-2018 , 05:45 PM

#4707

metsandfinsfan

banned

Join Date: Jan 2006 Posts: 160,445

It's an indicator

You haven't commented on why trump tried to stop att merger

07-27-2018 , 05:48 PM

#4708

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

It's an indicator

You haven't commented on why trump tried to stop att merger

An indicator of what?

07-27-2018 , 05:56 PM

#4709

metsandfinsfan

banned

Join Date: Jan 2006 Posts: 160,445

Quote:

Originally Posted by Birdman10687

An indicator of what?

A healthy economy,

Anyhow i don't want to debate you can't think it's bad even if you think it's overrated

What stat would make you feel the economy is going in the right direction

07-27-2018 , 05:56 PM

#4710

metsandfinsfan

banned

Join Date: Jan 2006 Posts: 160,445

I love how you only answer what interests you

07-27-2018 , 05:58 PM

#4711

well named

poorly undertitled

Join Date: Jun 2007 Posts: 78,085

Quote:

Originally Posted by metsandfinsfan

What stat would make you feel the economy is going in the right direction

A rising median wage for the bottom 50% of wage earners

07-27-2018 , 06:08 PM

#4712

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

A healthy economy,

You haven’t made it clear why you think this beyond it’s what the media tells you

07-27-2018 , 06:12 PM

#4713

Luckbox Inc

Carpal \'Tunnel

Join Date: Sep 2008 Posts: 62,429

Quote:

Originally Posted by Birdman10687

When you say extracting value are you mostly referring to natural resources or from exploiting the south in some other way?

07-27-2018 , 06:21 PM

#4714

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

This is an incomplete and imperfect list, but I would be happy looking at any of the following:

Median wage
# of homeless
% of people below the poverty line
# of people without health care
% of people that are food insecure

Stuff like that

07-27-2018 , 06:22 PM

#4715

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by Luckbox Inc

When you say extracting value are you mostly referring to natural resources or from exploiting the south in some other way?

Natural resources, cheap labor, unfair trade agreements, etc

07-27-2018 , 06:23 PM

#4716

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by metsandfinsfan

I love how you only answer what interests you

That is pretty much what anyone in the thread does. But in this case I’m honestly not informed enough to discuss it intelligently.

07-27-2018 , 06:38 PM

#4717

lenC

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 12,101

Wonder what the GDP needs to hit so that anyone would consider giving the people of Flint drinking water that doesn't have a bunch of lead in it.

07-27-2018 , 06:42 PM

#4718

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Quote:

Originally Posted by lenC

Wonder what the GDP needs to hit so that anyone would consider giving the people of Flint drinking water that doesn't have a bunch of lead in it.

Or what the Dowe Jones has to be at?

07-27-2018 , 06:48 PM

#4719

lenC

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 12,101

Quote:

Originally Posted by metsandfinsfan

So i take this to mean despite the trade war ther economy is doing well but trump is still a misogynistic racist and you hope this quarter was an outlier

I'm just lol'ing at people trying to excuse that despicable human being with: "The economy, bro!"

You like 4% you should see some of the numbers that Hitler put up. It's not how big it is, it's what you do with it. I'm sure Trump has heard it from plenty of pornstars.

Quote:

Originally Posted by metsandfinsfan

Len and eyebooger

If the remains are real and north korea does not denuclearize wars the kim summit a waste of time

Anything that Trump wastes time on and that he doesn't do actively worse is a huge net positive for the world.

remain isn't real, ask Kokiri and Bloo

07-27-2018 , 06:49 PM

#4720

Slighted

Carpal \'Tunnel

Join Date: Feb 2012 Posts: 17,540

not being impressed with numbers that have little to no effect on 98% of the population isn't cheering against america.

its just being unimpressed with random numbers.

07-27-2018 , 07:03 PM

#4721

DWetzel

Carpal \'Tunnel

Join Date: Mar 2009 Posts: 42,349

I was told that presidents have very little to do with the economy...

07-27-2018 , 07:36 PM

#4722

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

Nice celebration of genocide by the DoD

07-27-2018 , 07:36 PM

#4723

Birdman10687

Not a Troll IRL

Join Date: Aug 2009 Posts: 39,990

People wonder why DPRK is reluctant to denuclearize

07-27-2018 , 08:22 PM

#4724

eyebooger

Join Date: May 2010 Posts: 59,896

Quote:

Originally Posted by well named

A rising median wage for the bottom 50% of wage earners

Quote:

Originally Posted by Birdman10687

These are good.

So this 4.1% growth...Is my life better because of it? No. Would have been exactly the same as it would have if the number was 1.1%.

Obviously I'm not all that matters, but I can't imagine that many people are better off with the 4.1% vs 1.1% outside of multi-millionaires.

Mets, you're saying that the 4.1% number is indicative of a healthy economy. But why do you think that without using circular logic?