Florida Election Results

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dammitgriff
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Florida Election Results

Post by dammitgriff » Sun Sep 02, 2018 8:41 am

If economics are your concern in the 2018 midterms and the 2020 presidential election, you’re correct to be concerned...the government is misleading everyone on the strength of our economy, just as they did in 2007/2008.
The U.S. is only a half a percent increase in the federal funds rate away from another meltdown and it wouldn’t surprise me if we entered a 15-year recession following it. A socialist in charge of the state of Florida will only extend the recovery considerably.
Thanks to the OP for the informative summary of our elections.


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jjk308
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Post by jjk308 » Sun Sep 02, 2018 8:52 am

dammitgriff wrote:
Sun Sep 02, 2018 8:41 am
If economics are your concern in the 2018 midterms and the 2020 presidential election, you’re correct to be concerned...the government is misleading everyone on the strength of our economy, just as they did in 2007/2008.
The U.S. is only a half a percent increase in the federal funds rate away from another meltdown and it wouldn’t surprise me if we entered a 15-year recession following it. A socialist in charge of the state of Florida will only extend the recovery considerably.
Thanks to the OP for the informative summary of our elections.
Results of a Google search: Hand wringing over the federal funds rate has been going on for 5 years. No meltdown in sight. :roll:

"The only function of economic forecasting is to make astrology look respectable."
John Kenneth Galbraith

dammitgriff
Posts: 134
Joined: Tue Jul 31, 2018 11:06 am

Post by dammitgriff » Sun Sep 02, 2018 9:06 am

jjk308 wrote:
dammitgriff wrote:
Sun Sep 02, 2018 8:41 am
If economics are your concern in the 2018 midterms and the 2020 presidential election, you’re correct to be concerned...the government is misleading everyone on the strength of our economy, just as they did in 2007/2008.
The U.S. is only a half a percent increase in the federal funds rate away from another meltdown and it wouldn’t surprise me if we entered a 15-year recession following it. A socialist in charge of the state of Florida will only extend the recovery considerably.
Thanks to the OP for the informative summary of our elections.
Results of a Google search: Hand wringing over the federal funds rate has been going on for 5 years. No meltdown in sight. Image

"The only function of economic forecasting is to make astrology look respectable."
John Kenneth Galbraith
Google is a government asset. Image
Try Mises.org instead. Image
The charts below were pinched from Charles Hugh Smith’s blog.
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These charts and many others do not lend support to the democratic socialist ideology. Republicans had better get to work making budget cuts and reforming our entitlement spending or our national debt will drown us all.

dammitgriff
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Post by dammitgriff » Sun Sep 02, 2018 6:33 pm

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jjk308
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Post by jjk308 » Mon Sep 03, 2018 8:04 am

A small part of the growth in government dependency is predictable: Baby Boomers going on Social Security and Medicare But now there is Obamacare and expanded Medicaid. Retirement and medical costs are by far the biggest problems facing future budgets. The SS numbers are manageable, limited, but the huge run up in medical costs are not.

And its not just a government budget problem. Aside from the cost of government funded health insurance programs the rising medical costs have eaten up any pay increases for the bottom 60% of workers, causing the wage stagnation we're experiencing. A number of studies have investigated this problem and according to IRS data businesses in general now spend 35% of total compensation on health insurance!

dammitgriff
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Post by dammitgriff » Mon Sep 03, 2018 10:31 am

Anyone reading this thread should be able to unambiguously make the connection between the election results and our economic state of affairs.
America has one of two choices under democratic & republican leadership for her economic future: welfare or warfare.
Personally, I believe there is no effective difference between R’s & D’s since both parties are moving the disunited states in the same direction using two different paths to arrive at our destination, which is absolute control over everyone and everything.
The number of independent voters increases every year, and will soon rival the two dysfunctional incumbent parties. That is where the real battle for political control of America will be fought, and that is where you’ll find me.
R/Griff

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jjk308
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Post by jjk308 » Tue Sep 04, 2018 9:26 am

dammitgriff wrote:
Mon Sep 03, 2018 10:31 am
Anyone reading this thread should be able to unambiguously make the connection between the election results and our economic state of affairs.
America has one of two choices under democratic & republican leadership for her economic future: welfare or warfare.
Personally, I believe there is no effective difference between R’s & D’s since both parties are moving the disunited states in the same direction using two different paths to arrive at our destination, which is absolute control over everyone and everything.
The number of independent voters increases every year, and will soon rival the two dysfunctional incumbent parties. That is where the real battle for political control of America will be fought, and that is where you’ll find me.
R/Griff
"Warfare"? From a Republican president who wants us out of the only real war right now, Afghanistan? Who only put some more troops in because of the unanimous request from the generals, who ordered them out of active combat and wants them out this year?
Independents? I'd say voters who dont want to be bothered by politics, advertising, phone calls. They mostly vote their pocketbooks if they bother to vote at all.

And Mises is hopelessly corrupted by its combination of a belief in a gold standard and monetarism. Both failed theories.

Otherwise you sound like a disgruntled Libertarian who has given up.

dammitgriff
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Post by dammitgriff » Tue Sep 04, 2018 2:02 pm

And you sound like the president actually runs the country. John Kennedy tried to do it his way...once.
Bread and circuses are what the American public have been conditioned to want, irregardless of the hollow promises of publicly-funded retirement and medical care.
Regardless of who you vote for, a national bankruptcy awaits the American people, the seeds of which were planted in 1913.
And yet, we still vote, casting our ballots into the ballot-box as a pious follower tithes the church-basket.
“The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by bad governments.”— Ludwig von Mises, Omnipotent Government, p. 47

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jjk308
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Post by jjk308 » Wed Sep 05, 2018 12:52 pm

dammitgriff wrote:
Tue Sep 04, 2018 2:02 pm
“The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by bad governments.”— Ludwig von Mises, Omnipotent Government, p. 47
Did von Mises ever consider no government? Take a tour of Yemen? :lol:

dammitgriff
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Post by dammitgriff » Wed Sep 05, 2018 2:10 pm

jjk308 wrote:
dammitgriff wrote:
Tue Sep 04, 2018 2:02 pm
“The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by bad governments.”— Ludwig von Mises, Omnipotent Government, p. 47
Did von Mises ever consider no government? Take a tour of Yemen? Image
Point taken, no, but Mises did live through the Nazi era, which helped him formulate his Austrian economic treatises.
Rothbard was an anti-statist who wrote praxeologically-centered economic theory, and his protégé was Lew Rockwell, who espouses an anarcho-capitalist ideology. Anarcho-capitalism is simply a free-market view in pure form—meaning zero government involvement in markets and monetary matters. And pretty much everything else.
Mises.org offers much Austrian economic knowledge for free. I read it daily. They also have a real university located in Auburn, Alabama. That is not free. Thinking about sending my kid there, if he wants to go. There is in American academia today no stronger an opponent to socialism than Mises U.
R/Griff

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