WWTBAM Bored

Pastor Fireball wrote:And just to add to the craziness, Prime Minister David Cameron announced his resignation--only 13 months after winning re-election.

silverscreenselect wrote:

Pastor Fireball wrote:And just to add to the craziness, Prime Minister David Cameron announced his resignation--only 13 months after winning re-election.

Smart move by Cameron. The next guy is going to catch all the sh*t when it hits the fan.

The people of the United Kingdom have exercised the sacred right of all free peoples. They have declared their independence from the European Union, and have voted to reassert control over their own politics, borders and economy. A Trump Administration pledges to strengthen our ties with a free and independent Britain, deepening our bonds in commerce, culture and mutual defense. The whole world is more peaceful and stable when our two countries – and our two peoples – are united together, as they will be under a Trump Administration.

Come November, the American people will have the chance to re-declare their independence. Americans will have a chance to vote for trade, immigration and foreign policies that put our citizens first. They will have the chance to reject today’s rule by the global elite, and to embrace real change that delivers a government of, by and for the people. I hope America is watching, it will soon be time to believe in America again.

Jeemie wrote:Never would have expected it.

Pound is down to $1.35.

Markets will be wild tomorrow.

I hope Osborne was lying in that interview he gave on Tuesday and really has a plan for Brexit.

flockofseagulls104 wrote:

Jeemie wrote:Never would have expected it.

Pound is down to $1.35.

Markets will be wild tomorrow.

I hope Osborne was lying in that interview he gave on Tuesday and really has a plan for Brexit.

If the British people are relying on Ozzy Osborne to run their economy, they are in real trouble. Although what can we say when we have all but assured ourselves that either Donald Trump or Hillary Clinton will be our next President.

Bob78164 wrote:

flockofseagulls104 wrote:

Jeemie wrote:Never would have expected it.

Pound is down to $1.35.

Markets will be wild tomorrow.

I hope Osborne was lying in that interview he gave on Tuesday and really has a plan for Brexit.

If the British people are relying on Ozzy Osborne to run their economy, they are in real trouble. Although what can we say when we have all but assured ourselves that either Donald Trump or Hillary Clinton will be our next President.

Tell me, flock, how did you expect the U.S. economy to respond to two terms of an Obama Administration? How did your expectations compare to what actually happened? Weren't you one of the people saying that inflation will take off any day now, and that only a Romney Administration could bring unemployment down to 6%? --Bob

flockofseagulls104 wrote: And I don't see any improvement in the near future.

flockofseagulls104 wrote: millions of people are out of the workforce, so they aren't counted,

[The 93 million Trump claimed were out of work] includes lots of people who likely aren’t looking for work. It includes every American of retirement age -- 65 and older. It includes every high-school student at least 16 years of age. It includes every college and many graduate or professional-school students. It includes every person who has a disability that makes it impossible for them to work. It includes parents who are choosing to stay home to take care of their kids. It includes every adult who’s gone back to school full-time. It even includes trust-fund kids who are living off investments.

Put it all together and this is not a trivial group of people.

Out of the 93.8 million Americans age 16 and up who are deemed "not in the labor force," 9.7 million of them are between 16 and 19 years of age. Another 5.7 million are between 20 and 24. And 37.8 million are age 65 and over. (In fact, 17.5 million are over 75 years old.)

flockofseagulls104 wrote:[O]ur credit rating has been downgraded . . . .

Bob78164 wrote: Do you remember why our credit rating was downgraded? (Not that that's had any effect on the interest rates demanded for U.S. sovereign debt by people with real money at stake.) It's because the Republicans (led by Cruz) very nearly caused us to default on our debt by refusing to raise the debt ceiling. Pure politics. No economic basis at all. For Republicans to cause the problem and then point to it as a reason we're in trouble -- well, see my first line above. --Bob

Bob78164 wrote:

flockofseagulls104 wrote:[O]ur credit rating has been downgraded . . . .

The classic definition of chutzpah is a man who kills both his parents and then throws himself on the mercy of the court because he's an orphan.

Do you remember why our credit rating was downgraded? (Not that that's had any effect on the interest rates demanded for U.S. sovereign debt by people with real money at stake.) It's because the Republicans (led by Cruz) very nearly caused us to default on our debt by refusing to raise the debt ceiling. Pure politics. No economic basis at all. For Republicans to cause the problem and then point to it as a reason we're in trouble -- well, see my first line above. --Bob

BackInTex wrote:

Bob78164 wrote: Do you remember why our credit rating was downgraded? (Not that that's had any effect on the interest rates demanded for U.S. sovereign debt by people with real money at stake.) It's because the Republicans (led by Cruz) very nearly caused us to default on our debt by refusing to raise the debt ceiling. Pure politics. No economic basis at all. For Republicans to cause the problem and then point to it as a reason we're in trouble -- well, see my first line above. --Bob

You could not be more wrong.

S&P downgraded the U.S. debt for the 1st time in 70 years in 2011 when Congress INCREASED the debt limit.

S&P's AA+ rating remains the same from 2011 to now, unchanged by the 2014 heroism of Ted Cruz.