It's different this time...?

[living sounds]

And the housing downturn (crash?) is also well under way:

https://twitter.com/nickgerli1?ref_src=twsrc^google|twcamp^serp|twgr^author

 

[Matador]

And the housing downturn (crash?) is also well under way:

Thanks Biden! If the election hadn't been stolen from Trump, all of these boomers wouldn't have aged and the housing market would be strong!

 

[scott2000]

all of these boomers wouldn't have aged and the housing market would be strong!

And the hospitals wouldn't be overburdened

 

[AnalogPackrat]

Thanks Biden! If the election hadn't been stolen from Trump, all of these boomers wouldn't have aged and the housing market would be strong!

Ridiculous logic.

https://knoema.com/infographics/egyydzc/us-population-by-age-and-generation-in-2020
Who are you going to blame for everything when the Boomers are gone?

 

[living sounds]

Sometimes it's difficult to see satire even when it stares you in the face...

 

[JohnRoberts]

Sometimes it's difficult to see satire even when it stares you in the face...

that is why we use emoticons but simple written communication is routinely misunderstood because it lacks vocal inflection, facial expression, body language, etc.

JR

 

[living sounds]

that is why we use emoticons but simple written communication is routinely misunderstood because it lacks vocal inflection, facial expression, body language, etc.

JR

There actually was an emoticon used, but to be honest, I had to read it a couple of times before I got it myself.

 

[AnalogPackrat]

There actually was an emoticon used, but to be honest, I had to read it a couple of times before I got it myself.

You assume I didn't see the satire. I did. I also saw the cynical "blame the boomers" implication behind it which elicited my comment.

Thank you, Joe, for your moderate policies, foreign and domestic, and for appointing only experienced and qualified people to important positions in your administration! You saved us from Capitalism and the evils of economic prosperity which are racist and fascist.

 

[living sounds]

Thank you, Joe, for your moderate policies, foreign and domestic, and for appointing only experienced and qualified people to important positions in your administration! You saved us from Capitalism and the evils of economic prosperity which are racist and fascist.

I really don't think that was in the comment...

 

[JohnRoberts]

We could all be a little more sensitive about how our comments are received. By now we have a sense of who we are, so digs can be subtle while still hurtful.

arguing about what each other thinks or understands is never productive.

JR

 

[living sounds]

We could all be a little more sensitive about how our comments are received. By now we have a sense of who we are, so digs can be subtle while still hurtful.

arguing about what each other thinks or understands is never productive.

JR

I am thinking of all the times you called me a Communist...

 

[JohnRoberts]

I am thinking of all the times you called me a Communist...

and I am reminded of all the times I have been accused of doing things I didn't do (or thinking things I didn't think).

JR

 

[Matador]

Sometimes it's difficult to see satire even when it stares you in the face...

 

[AnalogPackrat]

I really don't think that was in the comment...

Am I not allowed a sarcastic response? Wow.

 

[living sounds]

Am I not allowed a sarcastic response? Wow.

According to John it's not sarcastic unless you use an emoticon...

 

[JohnRoberts]

According to John it's not sarcastic unless you use an emoticon...

NO. John looks for the use of emoticons to telegraph sarcastic intent, I am not as good at mind reading as you'all...

==

To bring this back on topic, it's official now, two sequential quarters of negative GDP growth. The administration is busy trying to redefine what a recession is (remember "newspeak" from 1984). Now definitely in recession the swamp is trying to ram through another spending bill (using reconciliation) with increased taxes and EV subsidies. Pretty much the opposite of what the economy needs while sliding into recession, while faced with inflation.

JR

 

[living sounds]

The swamp? Remember when the economy was running at top speed and the Trump administration nevertheless went ahead and massively cut taxes for the rich?

A big part of the reason for the longer-term debt crisis is the lack of a feedback mechanism that works against the increasing inequality. Debt=inequality. Increasing taxes on those owning and earning more is the way to do that. In the history of the US, especially during and after WW2 when massive debt was reduced to comparably low levels, that exact same scenario has played out before. I don't bother to post all the graphs again.

There was far too much money in the market that wasn't used productively (also because of money printing and QE instead of taxing, which was politically harder to get through) and instead made the owners of stocks, real estate and other assets richer by sitting on their behinds.

I could go on and on, but this game is getting old.

 

[JohnRoberts]

I could go on and on, but this game is getting old.

If you are tired of saying it, imagine how we feel hearing it.

JR

 

[living sounds]

If you are tired of saying it, imagine how we feel hearing it.

JR

"We"? You always manage to put in these subtle emotional cues yourself, don't you?

 

[s2udio]

"We"? You always manage to put in these subtle emotional cues yourself, don't you?

As you seem to be from the EU only one thing to say...hope you have a warm overcoat to wear this winter, maybe several overgarments.
When those self imposed green energy sanctions kick in and stare you in the face.
Just sayin