Phil1111

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Everything posted by Phil1111

  1. Sorry to disagree with you. While you're right about a recession and IMO 10% possibility of a depression. The differences now are several. 1. The US FED has many more tools to use to ensure the economy keeps moving ahead. In the 1930's there was food support programs and not much more. The US Recovery Act, the 1933 New Deal, are both fly poop on the window to what has occurred in the last year. 2. The US is still the world's reserve currency which gives it a natural stimulus advantage. Its slowly loosing its advantage but China under a communist government can't be a challenger. 2. While the increase in US debt is a very serious concern it still ranks well as compared to its G-7 competitors. 3. The US has taxation latitude because of the recent tax cuts enacted by trump. "The weighted average statutory rate has remained higher than the simple average over this period. Prior to U.S. tax reform in 2017, the United States was largely responsible for keeping the weighted average so high, given its relatively high tax rate, as well as its significant contribution to global GDP. Figure 2 shows the significant impact the change in the U.S. corporate rate had on the worldwide weighted average. The weighted average statutory corporate income tax rate has declined from 46.67 percent in 1980 to 26.30 percent in 2019, representing a 44 percent reduction over the 39 years surveyed." IMO the drag of debt will impact taxpayers for a decade or two while the debt should be repaid. In the event that dosn't occour the interest will be a drag.
  2. The great depression was far more severe on the US population because of the complete lack of social and monetary support programs. This pandemic will still leave a $3.5 trillion now. To possibly a $4.5 trillion by the time Biden wraps a recovery up increase in debt to the total. Which has largely shielded the US population. In fact consumer spending figures show some were not impacted at all. Others poured more cash into stocks which shows their confidence.
  3. Phil1111

    covid-19

    Lab was probably in the same hospital. From July 13, “We attribute this demand primarily to the rapid, continuing spread of COVID-19 infections across the nation but particularly in the South, Southwest and West regions of the country,” Quest Diagnostics said in a statement. The test manufacturer added that it can now perform up to 125,000 tests per day, roughly double its capacity compared with two months ago. “Despite that dramatic increase, demand for testing is increasing even faster,” the company said. “As a result, our average turnaround time for reporting test results is slightly more than 1 day for our priority 1 patients. However, our average turnaround time for all other populations is 7 or more days.”
  4. No he has to reach back to the old Soviet union to picture himself as the modern cross bearer for christianity. Like his other false idol trump, it helps his self imagery of playing the victim for his beliefs. Prosecuted for no reason since eternity.
  5. Adjective upon adjective to paint any non-believer into your prejudiced wonderland of christian pseudo superiority.. Its no wonder you and evangelicals love trump and his racist bigotry. Tomorrow is your day of self congratulatory superiority. Where you can join those who would walk out the chapel doors and be ready to screw the world. Just like your other favorite idol of worship, trump.
  6. Phil1111

    covid-19

    Yes, its not to be trifled with.
  7. Phil1111

    covid-19

    IMO he knew that already but sometimes he wants a running dialogue with everyone. I get sucked in sometimes. Faux news and its supporting puppets also have a trump supporting dialogue whereby children are safe from covid. This is also a possibility.
  8. Phil1111

    covid-19

    Then they spread it to their parents and more vulnerable people.
  9. IMO Joe's comments are not so much anti-religious as anti those who endanger other peoples lives. As far as trump is concerned: Mr. Trump’s Oct. 4 proclamation ordered consular officers to bar immigrants who could not prove they had health insurance or the ability to pay for medical costs once they become permanent residents of the United States. The Trump administration has started denying pleas by non-citizens who are trying to extend their time in the U.S. in order to treat severe medical conditions. Letters issued by the U.S. Citizenship and Immigration Services, and obtained by ABC News, tell those applying for medical relief that agency offices, "no longer consider deferred action requests," except for members of the military. The nonpartisan Kaiser Family Foundation has estimated that 27 million Americans have lost coverage in the pandemic; Both you and trump cloak yourself in the bible. No offense to you but trump has zero credibility for any empathetic values or actions. I will lean in Joe's direction and say that those who endanger other peoples lives should know that actions have consequence. That includes ministers of the church that as leaders allow gatherings without social distancing, masks, and other safety protocols.
  10. Thats agreement twice in a day. My point would be trump is far,far beyond any person's propensity to lie. I have known prison guards who have dealt with inmates with FAS and other serious mental deficiencies. They relayed how some inmates naturally lie, regardless of circumstance, because they falsely perceive some sort of advantage in doing so.
  11. No. Because a moderator won't call out lies. Won't cut off the mike of a candidate lying. Won't berate a candidate for not answering or side stepping the question. Every debate deals with these issues but trump is incapable of giving a straight truthful answer to a straight question. Even under oath.
  12. FIFY. See 5000 points of debate and we have agreement on one!
  13. The only way to have a debate would be to have a large 10'x20' screen behind each candidate. When each lies it lights up with a large LIE and whatever time the candidate wasted with his B.S. lie. Is used to show his past record on the direct subject at hand. Biden has lied a few times in the past. But trump has a quasi-monopoly on it.
  14. Phil1111

    covid-19

    The typical US test result time is about 9 days, but who knows? In any event such a high percentage of young people with positive results is disastrous.
  15. Phil1111

    covid-19

    trump wants schools reopened. So the YMCA had a summer camp in Georgia with 597 kids attending. All tested negative before attending. Four days later of 1/2 of those who attended were tested.Results showed 44% of the kids and staff who attended were positive.All recommended safety protocols from the CDC sere followed. For trump kids under the bus works as long as re-election is in the cards. Its OK for Mitch McConnell as well.
  16. Nationalist Geographic. The latest from the Lincoln Project.
  17. A dissonance in his cognitive narrative needs address. Probably all mixed up with "Q", perhaps Ron can help.
  18. The head spins about how far integrity, the pillars of American values has fallen.
  19. There is a term called Real dollars Constant or real dollars are terms describing income after adjustment for inflation. The Dictionary of Business and Economics defines constant dollar values and real income as shown below. Constant-dollar value (also called real-dollar value) is a value expressed in dollars adjusted for purchasing power. But that idea is unnecessary because GDP is the measure of all goods and services. The reason why the US economy has not felt the effect of the drop in GDP is because although GDP has dropped by $2.336 trillion the total stimulus budgeted has been about $3 trillion. That includes debt and FED stimulus. So the effect on the economy has been more or less neutral. Now of course the distribution has been very unequal. Some companies and individuals have made off like bandits. Most who got the weekly payments did ok. Some got nothing.
  20. So tweeting to gaslight national elections, to pander treason in his base, in the nation. Was comical? He also tweeted and made a statement about how the litigation arising from the election results would take years.
  21. You're correct he was wrong since the start of the year the US economy has decreased 37.9% "Current‑dollar GDP decreased 34.3 percent, or $2.15 trillion, in the second quarter to a level of $19.41 trillion. In the first quarter, GDP decreased 3.4 percent, or $186.3 billion (table 1 and table 3)... Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent." The U.S. Bureau of Economic Analysis is your source of accurate and objective data about the nation's economy. BEA is an agency of the Department of Commerce. What We Do BEA's economists produce some of the world's most closely watched statistics, including U.S. gross domestic product, better known as GDP. We do state and local numbers, too, plus foreign trade and investment stats and industry data.
  22. No it was a loyalty litmus test for the GOP. The long knives are not out of their sheaths yet but hands are getting close.
  23. Turtle will be so, so happy. trump has made America number one in the world. The economies of the EU spent far less on stimulus per capital. Yet they still managed to keep the drop in GDP at less than 1/2 of that of the US. Spain at -18.5% of GDP and the whole EU at -12.1%. trump, yeah he can manage the US economy like trump Airlines,trump casinos, trump Steaks, trump Wines, trump University, etc.,etc. More than twice the deaths, more than twice the drop in GDP, MAGA. Oh and don't forget about he $6 trillion in additional debt under the idiot in chief. note: Both references for GDP for the second quarter alone. Further study on how to ruin business and countries: Business Genius Trump Lost More Money Than Anyone in America Between 1985-1994 We valued the president at $3.1 billion a month ago. Now he’s worth $2.1 billion. Here’s why.