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If Bernie Sanders gets elected, expect Great Depression 2.0

 
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Kurifodo
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PostPosted: Sat Dec 26, 2015 7:31 pm    Post subject: If Bernie Sanders gets elected, expect Great Depression 2.0 Reply with quote

What happens when all of the Baby Boomers retire at record rates the next few years? Blue-collar jobs will be open for Gen X and Millennials, right?

Not with Bernie Sanders as president!

Those jobs will be replaced with machinery and outsourcing to other countries! Business owners getting taxed at 90% and $15/hour minimum wage drives jobs away!

Bernie will cause the Great Depression 2.0.

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Antagonist
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PostPosted: Sat Dec 26, 2015 8:47 pm    Post subject: Reply with quote

Idk. I think great depressions/recessions are all natural occurring events. If history tells us correctly each one of us will face 1 depression and 2 recessions in our lifetime iirc.
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Kurifodo
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PostPosted: Sat Dec 26, 2015 9:10 pm    Post subject: Reply with quote

Economic recessions are "naturally occurring events"?

What about the 2008 housing crisis? The Dot Com bubble in 2000? Or the Oil Price Shock in 1991? What about the 1973 Oil Crisis? These aren't naturally occurring at all, it is caused by incompetence from our government and the federal reserve.

Bailing out bernie mac and fannie mae was an awful decision. Lowering interest rates to "stimulate" the economy only depreciates the dollar. To say that these aren't caused by incompetent leaders is only lying to yourself. Politicians may claim they are naturally occurring because they don't want to be held accountable, but the truth is they are at fault.

-------------------------------------------------------

The next president will have to deal with two major issues that will come up concerning Baby Boomers:
1. Finding the money to pass out social security checks to Baby Boomers.
2. Replacing the blue collar jobs that Baby Boomers retired from with AMERICANS, not computers, not the Chinese.

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AverageAzn247
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PostPosted: Sat Dec 26, 2015 9:24 pm    Post subject: Reply with quote

Trumpepe wrote:
Economic recessions are "naturally occurring events"?

What about the 2008 housing crisis? The Dot Com bubble in 2000? Or the Oil Price Shock in 1991? What about the 1973 Oil Crisis? These aren't naturally occurring at all, it is caused by incompetence from our government and the federal reserve.

Bailing out bernie mac and fannie mae was an awful decision. Lowering interest rates to "stimulate" the economy only depreciates the dollar. To say that these aren't caused by incompetent leaders is only lying to yourself. Politicians may claim they are naturally occurring because they don't want to be held accountable, but the truth is they are at fault.

-------------------------------------------------------

The next president will have to deal with two major issues that will come up concerning Baby Boomers:
1. Finding the money to pass out social security checks to Baby Boomers.
2. Replacing the blue collar jobs that Baby Boomers retired from with AMERICANS, not computers, not the Chinese.
I would use logic to explain why bailing out the banking system was a good thing but then i saw op's name
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Antagonist
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PostPosted: Sat Dec 26, 2015 9:26 pm    Post subject: Reply with quote

Trumpepe wrote:
Economic recessions are "naturally occurring events"?

What about the 2008 housing crisis? The Dot Com bubble in 2000? Or the Oil Price Shock in 1991? What about the 1973 Oil Crisis? These aren't naturally occurring at all, it is caused by incompetence from our government and the federal reserve.

Bailing out bernie mac and fannie mae was an awful decision. Lowering interest rates to "stimulate" the economy only depreciates the dollar. To say that these aren't caused by incompetent leaders is only lying to yourself. Politicians may claim they are naturally occurring because they don't want to be held accountable, but the truth is they are at fault.

-------------------------------------------------------

The next president will have to deal with two major issues that will come up concerning Baby Boomers:
1. Finding the money to pass out social security checks to Baby Boomers.
2. Replacing the blue collar jobs that Baby Boomers retired from with AMERICANS, not computers, not the Chinese.



Natural doesnt mean it happens just by itself. It means its going to happen either way. Next president, may be good enough to stall the inevitable or mitigate damages, but it's going to happen. Tired right now but we go through a recessions pretty often, every X amount. Theres a statistic on it. Also J.P Morgan says 76% chance of recessions in next 3 years. Some claim that Federal Reserve are stalling another economic disaster.


Also politics /=/ economics. I wasn't quoting any politicians.

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BreakinGods
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PostPosted: Sat Dec 26, 2015 10:07 pm    Post subject: Reply with quote

It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.
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Antagonist
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PostPosted: Sat Dec 26, 2015 10:11 pm    Post subject: Reply with quote

BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.

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BreakinGods
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PostPosted: Sat Dec 26, 2015 10:18 pm    Post subject: Reply with quote

Antagonist wrote:
BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.
You're stupid if you don't agree with what I'm saying. You would rather put candies in a box yourself on a mass scale instead of letting a robot do it... How about read your reply to yourself because your IQ must be double digits.
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Antagonist
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PostPosted: Sat Dec 26, 2015 10:23 pm    Post subject: Reply with quote

BreakinGods wrote:
Antagonist wrote:
BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.
You're stupid if you don't agree with what I'm saying. You would rather put candies in a box yourself on a mass scale instead of letting a robot do it... How about read your reply to yourself because your IQ must be double digits.


Hey you should rap about it in your next song

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AverageAzn247
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PostPosted: Sat Dec 26, 2015 10:24 pm    Post subject: Reply with quote

BreakinGods wrote:
Antagonist wrote:
BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.
You're stupid if you don't agree with what I'm saying. You would rather put candies in a box yourself on a mass scale instead of letting a robot do it... How about read your reply to yourself because your IQ must be double digits.
nothing wrong with finding a more efficient way to do things.
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What are Night Elves?
A girl group?
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BreakinGods
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PostPosted: Sat Dec 26, 2015 11:10 pm    Post subject: Reply with quote

Antagonist wrote:
BreakinGods wrote:
Antagonist wrote:
BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.
You're stupid if you don't agree with what I'm saying. You would rather put candies in a box yourself on a mass scale instead of letting a robot do it... How about read your reply to yourself because your IQ must be double digits.


Hey you should rap about it in your next song


I'm focusing more on producing because you gotta have a certain image to be successful rapping without having some kind of foundation with connections.

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br0l0ck
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PostPosted: Sun Dec 27, 2015 12:18 am    Post subject: Reply with quote

BreakinGods wrote:
Antagonist wrote:
BreakinGods wrote:
Antagonist wrote:
BreakinGods wrote:
It's a good thing if jobs can be replaced by machines. It allows humans to use brain power and energy in other areas that need time.


Every time you post, I feel like donating $5 to autism awareness foundation.
You're stupid if you don't agree with what I'm saying. You would rather put candies in a box yourself on a mass scale instead of letting a robot do it... How about read your reply to yourself because your IQ must be double digits.


Hey you should rap about it in your next song


I'm focusing more on producing because you gotta have a certain image to be successful rapping without having some kind of foundation with connections.
if you actually have strong opinions about shit like that you can easily hit the "conscious" rap demographic
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deleted19776
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PostPosted: Tue Dec 29, 2015 10:24 pm    Post subject: Reply with quote

AverageAzn247 wrote:
Trumpepe wrote:
Economic recessions are "naturally occurring events"?

What about the 2008 housing crisis? The Dot Com bubble in 2000? Or the Oil Price Shock in 1991? What about the 1973 Oil Crisis? These aren't naturally occurring at all, it is caused by incompetence from our government and the federal reserve.

Bailing out bernie mac and fannie mae was an awful decision. Lowering interest rates to "stimulate" the economy only depreciates the dollar. To say that these aren't caused by incompetent leaders is only lying to yourself. Politicians may claim they are naturally occurring because they don't want to be held accountable, but the truth is they are at fault.

-------------------------------------------------------

The next president will have to deal with two major issues that will come up concerning Baby Boomers:
1. Finding the money to pass out social security checks to Baby Boomers.
2. Replacing the blue collar jobs that Baby Boomers retired from with AMERICANS, not computers, not the Chinese.
I would use logic to explain why bailing out the banking system was a good thing but then i saw op's name

You work in IBM and economists can't even agree on whether that was good. Don't be arrogant.
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