70 percent of economists say U.S. in recession.
By on Mar 14th, 2008 at 5:14 pm
70 percent of economists say U.S. in recession.
According to a new Wall Street Journal poll, 70 percent of economists surveyed say the United States has “slid into recession.” “The evidence is now beyond a reasonable doubt,” said Scott Anderson of Wells Fargo & Co.
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30% of economists think the economy is rosy…oh, and they are bought and paid for by the GOP!!
March 14th, 2008 at 5:17 pmSlid into a recession?
March 14th, 2008 at 5:18 pmSeems to me like we were driven straight into one by Bush’s economic policies…
Fed’s got their foot on the gas and no one’s at the wheel…
81% of Americans believe Bush’s presidency should be in a permanent recession.
March 14th, 2008 at 5:26 pmGood. Now that we know we are in a recession, perhaps the economists, government and business can turn their attention to how and when we will emerge from it.
March 14th, 2008 at 5:28 pmBut 95% of the 30% get kick backs from the top 1% and get to push 100% of their BS back down on us.
March 14th, 2008 at 5:30 pmInevitable result of Republican rule.
Happens every time.
March 14th, 2008 at 5:35 pmThe minute you have a president that allows waterboarding you invite most of the civilised world to stop Buying any goods what so ever that come from America
which then leads to a massive recession
At one time America could regain from recession BUT not anymore as the Euro is tops
March 14th, 2008 at 5:38 pmDo you know why God created economists?
To make the astrologers look good!
March 14th, 2008 at 5:38 pmBBC news tonight
A Yemeni man has described being held for nearly three years in secret CIA prisons, or “black sites”, around the world and accused the US of torture.
AMERICA STILL RUNNING BLACK SITES
March 14th, 2008 at 5:41 pmhttp://news.bbc.co.uk/1/hi/world/americas/7292974.stm
America still running Black Sites
March 14th, 2008 at 5:41 pmWhy does muckdog hate America?
March 14th, 2008 at 5:42 pmDo you know why God created economists? muckbrain
That says it all, Zooey.
March 14th, 2008 at 5:43 pmLiving under a bridge, are ya Zooey?
March 14th, 2008 at 5:44 pmTobie, and apparently someone has several of our troops and have severed a finger on each of them and sent their families that package. (was on MSNBC teevee today)
Torture goes two ways, but Bush and his chicken hawks couldn’t care less about them. They’ll just say, BUCK UP, SOLDIER!
JERKS!! Every last one of these clowns in this admin and their advisors.
March 14th, 2008 at 5:45 pmThat reminds me.
Did you know that, if all the economists in the world were laid end to end, they still could not reach a logical conclusion?
March 14th, 2008 at 5:47 pmGood one, Tom.
How many economists does it take to screw in a lightbulb?
None—if the lightbulb needed changing, market forces would have already caused it to happen.
March 14th, 2008 at 5:50 pmHow many supply-side economists does it take to screw in a light bulb?
None. If the government would just leave it alone, it would screw itself in.
March 14th, 2008 at 5:51 pmZooey Says:
March 14th, 2008 at 5:42 pm
Why does muckdog hate America?
_______
I dunno… bad potty training? But I’d say this EXACT quote pretty much proves ya true, Z…
_______
You folks really need to stop masturbating every time a US soldier dies in Iraq.
The surge is working.
Comment by muckdog — August 8, 2007 @ 2:23 am
________
Oh yeah… the words of a “patriot”…
March 14th, 2008 at 5:52 pmTwo economists are walking down the street. One sees a dollar lying on the sidewalk, and says so.
“Obviously not,” says the other. “If there were, someone would have picked it up!”
March 14th, 2008 at 5:53 pmmuckdog Says:
March 14th, 2008 at 5:44 pm
Living under a bridge, are ya Zooey?
Still living under a piss-soaked bed?
Of course, you are.
March 14th, 2008 at 5:54 pmDid you hear of the economist who dove into his swimming pool and broke his neck?
He forgot to seasonally adjust his pool.
March 14th, 2008 at 5:54 pmum, Mr. Muckdog – I went ahead and spun my astrology wheel, per your suggestion, and it said “recession”. I also checked the stock and commodities markets, the real estate market, currency markets, the price of milk and the price of gas, and GUESS WHAT??
they all said recession. since my own 2 eyes, the “so-called pros”, and the stars all agree, i’m gonna go ahead and agree, even though I’m not currently under a bridge.
mmmmm-K??????
March 14th, 2008 at 5:54 pmHow many Keynesian economists does it takes to change a light bulb?
All. Because then you will generate employment, more consumption, dislocating the AD (agg. demand) to the right
March 14th, 2008 at 5:56 pmHow many marxists does it take to screw in a lightbulb?
None – the bulb contains within it the seeds of its own revolution.
March 14th, 2008 at 5:56 pmThe Republic of Stupidity
March 14th, 2008 at 5:52 pm
You should post that disgusting comment every time muckdog shows up.
March 14th, 2008 at 5:56 pmHow many supply-side economists does it take to screw in a light bulb?
None. If the government would just leave it alone, it would screw itself in.
Hmmm…can we ask Chris Ward that?
March 14th, 2008 at 5:56 pmIt’s that 30% wingnut base that loves them some Bush meat.
Idealogues and stooges.
-GSD
March 14th, 2008 at 5:56 pmAnd if by “surge” you mean “massive payoffs to radical militants” then, yeah, I’ll agree with that, too.
Hey – what are we going to bribe them with once we max out our PRC Visa?? Since you know so much about economics, I’m sure you’ve got an answer ready.
March 14th, 2008 at 5:57 pmHey, it’s only 70% and this won’t bother Bush. Bush has shown he can ignore 70% of anything, for example:
The percent of Americans that think the country is going in the wrong direction.
The percent of Americans that think the war in Iraq was a mistake.
The percent of Americans that give the president an “unfavorable” rating.
So 70% of the economists think we’re in a recession? What do they know, those elitist snobs.
March 14th, 2008 at 5:57 pmmuckdog = o. bigfoot
flagged
March 14th, 2008 at 5:57 pm“How many posts from Mr. Muckdog does it take to demonstrate he’s a dick?”
Answer: “one”
not rotfl.
March 14th, 2008 at 5:59 pmMrBaker, right on, bruddah!
March 14th, 2008 at 6:00 pmAn economist returns to visit his old school. He’s interested in the current exam questions and asks his old professor to show some. To his surprise they are exactly the same ones to which he had answered 10 years ago! When he asks about this the professor answers: “the questions are always the same – only the answers change!”
March 14th, 2008 at 6:00 pmOne night a policeman saw a macroeconomist looking for something buy a lightpole.
He asked him is had had lost something there.
The economist said, “I lost my keyes over in the alley.”
The policeman asked him why he was looking by the lightpole.
The economist responded, “it’s a lot easier to look over here.”
March 14th, 2008 at 6:02 pmIsn’t it about time for one of our particularly dim trolls to say something along the lines of “70%? Good thing Bush doesn’t govern by polls”.
I know, I know, it would be a nonsensical comment, but isn’t that what we expect of the RNC’s best and brightest?
March 14th, 2008 at 6:02 pmWhen they get to 81% the powers that be will still be denying it. Just like the war.
March 14th, 2008 at 6:02 pmI see muckie’s now recycling lines from progressives from a couple days ago.
March 14th, 2008 at 6:03 pmA central banker walks into a pizzeria to order a pizza.
When the pizza is done, he goes up to the counter get it. There a clerk asks him: “Should I cut it into six pieces or eight pieces?”
The central banker replies: “I’m feeling rather hungry right now. You’d better cut it into eight pieces.”
March 14th, 2008 at 6:04 pmMan walking along a road in the countryside comes across a shepherd and a huge flock of sheep. Tells the shepherd, “I will bet you $100 against one of your sheep that I can tell you the exact number in this flock.” The shepherd thinks it over; it’s a big flock so he takes the bet. “973,” says the man. The shepherd is astonished, because that is exactly right. Says “OK, I’m a man of my word, take an animal.” Man picks one up and begins to walk away.
“Wait,” cries the shepherd, “Let me have a chance to get even. Double or nothing that I can guess your exact occupation.” Man says sure. “You are an economist for a government think tank,” says the shepherd. “Amazing!” responds the man, “You are exactly right! But tell me, how did you deduce that?”
“Well,” says the shepherd, “put down my dog and I will tell you.”
March 14th, 2008 at 6:06 pmObviously, the muckdog troll is snark challenged.
March 14th, 2008 at 6:10 pm10 out of 10 trolls think what ever they are told to think.
March 14th, 2008 at 6:10 pmThey have tried to deny this and they can’t do so any longer. We have known this for quite some time now.
March 14th, 2008 at 6:11 pmI am frankly quite worried that this is going to last a long time and we may not fully recover.
Please flag the dog muck for spamming this thread. Perhaps TP will finally do something about this excrement.
March 14th, 2008 at 6:13 pmObviously, the muckdog troll is snark challenged.
Zooey, remember that conservatives have no sense of humor. Think Half Hour News Hour (or whatever it was called), Dennis Miller (who used to be very funny until he became a raving nutcase…now, he barely gets a chuckle. They simply are not funny.
Sorta sad if you ask me.
March 14th, 2008 at 6:14 pmI am frankly quite worried that this is going to last a long time and we may not fully recover.
Me too. It won’t take much to turn this recession into a full blown depression.
The price of gold was $1,000 an ounce yesterday. Many people are afraid of the same thing and they are dumping their dollars. No sure how much gold will do in a depression, though.
March 14th, 2008 at 6:14 pmWhadda they know?
The chymp says we’re not, so that’s the final authority.
March 14th, 2008 at 6:17 pmTraitorous economists!
Muckdog,
My 5 year old likes to go to a web site where they tell jokes. Maybe you should go there instead of making this comment board look childish.
This is the typical reply from Muckdog. When the data clearly show you are wrong simply throw doubt on the experts and act like you know more than they do. Sorry, I’ll trust 70% of the economists over this pea-brained troll.
March 14th, 2008 at 6:20 pmCheck out Muckdog’s blog. He’s got some hot pictures of chicks there. If you’re a greedy, sex-starved 17 year old you might just think it’s great.
March 14th, 2008 at 6:23 pmWe are running huge deficits. The top tax rate needs to go back to 39.6%. The 25% rate needs to go to 28%. The 10% rate needs to go to 15%. Those 15 million poor people who were taken off the tax roles need to go back on the tax roles. We need to raise gas taxes to pay for alternative energy research. We should consider a 1% national property tax to help bail out homeowners who were lied to by corrupt mortgage companies.
March 14th, 2008 at 6:24 pmWhen local high end stores are trying to ‘telemarket’ us for the first time ever something isn’t quite right.
March 14th, 2008 at 6:24 pmSo are you claiming that the economy is not in a recession, muckdog? Quit beating around the bush.
As for credibility, we all know that you have none. You believe, for example, that you know more about climate science than all the climatologists in the world put together.
Perhaps you also deny that second hand tobacco smoke causes cancer? Please let us know. It would be best if you just took a hike, but as long as you are here trashing the place, please keep making a fool of yourself.
March 14th, 2008 at 6:25 pmDid you hear the one about the blueblood cheerleader boy who got made President?
He turned everything he touched worthless, got a bunch of people killed and maimed, and stole Grandma’s medicine to make his frat buddies richer.
a-ha -ha -ha, or whatever.
March 14th, 2008 at 6:26 pm#52
So are you claiming that the economy is not in a recession, muckdog? Quit beating around the bush.
A recession is 2 negative quarters of GDP. We’ll have one this first quarter. We may get the second, but those tax rebates going out in May are likely to prevent that.
You believe, for example, that you know more about climate science than all the climatologists in the world put together.
That’s not true. I believe the scientists who are questioning man’s role in global warming. I tend to believe those scientists who are skeptical about Al Gore’s apocalyptic prophecies.
Perhaps you also deny that second hand tobacco smoke causes cancer?
I am against air pollution and for clean air, which is why I oppose Al Gore, the Sierra Club, and others who are for building coal-fired power plants; while I support France for their ability to generate 90% of their electricity from nuclear power.
Those coal plants are producing tons of cancer from their pollution, and we need to follow the lead of the French on this one.
March 14th, 2008 at 6:41 pmZooey Says:
March 14th, 2008 at 5:56 pm
The Republic of Stupidity
March 14th, 2008 at 5:52 pm
You should post that disgusting comment every time muckdog shows up.
_______
I do, Z. I do. Copy and paste it into a word doc. Then you, too, can rub the idiot’s face in it every time he shows up. The fool’s an embarrassment to the human race.
March 14th, 2008 at 6:51 pm“That’s not true. I believe the scientists who are questioning man’s role in global warming.”
You have repeatedly made the assertion here that there are many qualified scientists who question man’s role in global warming. This is a lie. There are virtually none.
Regarding your response to my question about the recession, if you want to be a chicken-s**t and fall back on a mealy-mouthed reiteration of the technical definition of a recession, just do so, rather than making twenty-odd childish posts about economists (every one of whom understands the technical definition).
You are an intellectually dishonest person, and have demonstrated this fact again and again with the comments you post at this site. You have been a particularly mendacious liar when it comes to global warming.
As for your advocacy of greatly expanding nuclear power, you must be unaware that the known reserves of uranium are quite small, and cannot support such an expansion. Consider yourself so informed.
March 14th, 2008 at 6:58 pmMe: You believe, for example, that you know more about climate science than all the climatologists in the world put together.
muckdog: That’s not true.
Your response is a lie. You have asserted again and again that the entire community of climatologists worldwide is wrong about AGW.
March 14th, 2008 at 7:00 pm#53 muckdog
That’s not true. I believe the scientists who are questioning man’s role in global warming. I tend to believe those scientists who are skeptical about Al Gore’s apocalyptic prophecies.
And how do you propose to safely dispose of the spent fuel that will acrue by the boatload?
Perhaps you also deny that second hand tobacco smoke causes cancer?
You didn’t answer his question. Care to try again?
“A recession is 2 negative quarters of GDP.”
You are nit picking with “official definitions.” Ask the vulnerable people what they think. That is the important thing. The middle class and the poor are really hurting. Definitions that apply ton big business, conservative thinkers and BushCo are really meaningless, except as excuses not to admit to real world reality.
On global warming; do you believe the world is flat as well? It would appear you do.
March 14th, 2008 at 7:02 pmThis link shows what a liar Muckdog is. It’s the Sierra Club’s position on coal.
http://www.sierraclub.org/coal/
Muckdog likes to mention nuclear power because it’s controversial and gets people agitated. Isn’t that the raison d’etre of a troll?
March 14th, 2008 at 7:03 pm#56, Well lets go with your view on global warming.
The only viable solution is to eliminate CO2, which means dismantling the coal, oil, and natural gas power plants and going to nuclear power plants. Those are the “Big Four” power producers, and only one of them is environmentally friendly: Nuclear power.
I’m for clean air. I’m for preventing cancer and asthma. Nuclear is a great way to do that.
And of course I’m using the technical definition of a recession. I don’t go by polls. A poll taken before the Super Bowl predicted that the Patriots would beat the Giants, after all. We know how that poll turned out.
March 14th, 2008 at 7:09 pm#60, Both Gore and the Sierra Club have opposed nuclear power plants, thus resulting in the building of coal and natural gas power plants.
Nuclear power plants emit 0% CO2.
Coal is just horrible. Natural gas produces 50% less CO2 than coal, but is still dirty.
March 14th, 2008 at 7:15 pmUh oh, China is now the leading producer of CO2! Congratulations!
“By this reckoning, China overtook the United States as the leading emitter of carbon dioxide about a year ago. And its emissions are now increasing about 10 times faster than the U.S.”
http://www.npr.org/templates/story/story.php?storyId=88251868
March 14th, 2008 at 7:18 pm.
I have no idea what everyone is getting worried about. In America, a dollar is still worth a dollar ya know…
.
March 14th, 2008 at 7:56 pmOh, forgot to turn my [/snark] off… sorry ;)
March 14th, 2008 at 7:57 pmYes these smart men say we’re in a recession but the idiot President and the Media say we’re not. Now Americans sit back and wait for the hand out yes the rebate check, as the Middle East laughs about how they cleaned out the US Treasury and put the US in bankruptcy. Americans don’t even realized how they have been played for fools by the Bush Administration. Now with the Middle East willing to give the US loans it looks like we know who has the money. Dubai was built in 5 years with US dollars and now their citizens have free education and medical Health Care. If McCain gets in a sign will be put in front of the White House that says
March 14th, 2008 at 7:59 pmUNITED STATES OF AMERICA FOR SALE
Time to flag the spammer. Everyone, do it, and Muckdog will be gone by tomorrow.
March 14th, 2008 at 7:59 pmI don’t think anyone who eats cat poop can be trusted.
March 14th, 2008 at 8:01 pmI wonder if they changed the banning system to block by more than just e-mail address. :) Well, I just clicked ‘report abuse’ on like 20 posts…here’s hoping TP gets the message.
March 14th, 2008 at 8:04 pmThis should be blue if this works…
March 14th, 2008 at 8:05 pmWell, that didn’t work. Anyway, here’s a linkie here for you. Some reporter is dining nicely on republican largess tonight: This piece of bull$#!+ definitely got someone a nice payment from a McCain/Bush supporter who wants to see the status quo continue.
‘Lower gas prices’? RIGHT.
‘Lower Food costs’? *LOL*
Tell me another.
March 14th, 2008 at 8:11 pmI’ll give Muckdog this much. His post in #8 wasfunny. I’ve used that joke a few times myself. Other than that, Muckdog is pretty usless as a Human Being.
March 14th, 2008 at 9:10 pm“I’m for clean air. I’m for preventing cancer and asthma. Nuclear is a great way to do that.”
And to contaminate the ground water with radioactive tailings.
How sad, that this is the pathetic best you can manage, Muckie.
March 14th, 2008 at 9:18 pmHow many muckdogs does it take to screw in a lightbulb. None, trolls don’t like the light.
March 14th, 2008 at 10:03 pmsuckdog is sinking fast.
March 15th, 2008 at 1:01 amHere is yet another of muckdog’s ill-crafted lies:
I tend to believe those scientists who are skeptical about Al Gore’s apocalyptic prophecies.
–muckdog @ March 14th, 2008 at 6:41 pm
Al Gore is not a scientist, is not making “apocalyptic prophecies”, and certainly did not “invent” global warming.
Global warming change is a reality, supported by the observations of hundreds of scientists around the world, regardless of what Gore does or says.
Gotta love brain-dead global warming denialists who invariably turn a discussion on global warming into one about Gore.
March 15th, 2008 at 1:30 ammuckdog also seems unaware that the determination of whether the economy is in a recession or not is made by a committee… of economists.
(maybe he thought the word came down from a god and had to be revealed atop of a mountain or something like that)
March 15th, 2008 at 1:38 amTP: Nice new look.
Same tired trolls.
March 15th, 2008 at 3:10 amThe state of affairs for the past 5 years are coming back to bite us … and the worst part of it all is that this not only affects America but a great part of the integrated Global economy who will take the heat needlessly.
March 16th, 2008 at 8:46 am