Commodities High,,,Wages Flat

dan · 05-13-2006, 08:51 PM

This is a recipe for disaster. Inflation from high Commodities will drive everything you buy North..Meanwhile real wages remain flat..I do believe this economy will stop growing, and start to recede within the next few months..Interest rates on borrowed money is also increasing. Property taxes are sky high with no relief in sight,which will affect homeowners and renters...Healthcare costs keep rising at a fast pace.. All energy is priced to demand which is only going to increase. Why do I keep hearing the pundents telling everyone this is a great economy?? Is it?Can the average consumer handle this?

1300 Class · 05-13-2006, 09:04 PM

The perils of the freer market.

The federal reserve is raising interest rates to keep down inflation and slow down the economy. Wages are not increasing for any number of reasons. If you lower taxes, that only frees up more money and drives inflation higher and higher. Reduce consumer spending will slow it down as well.

The worst economic sitution is stagflation, where by the economy is on the blink, but inflation is high, wages rising to fast, high interest rates, and low productivity is the worst.

dan · 05-13-2006, 09:09 PM

Quote:

Originally Posted by Australian Lord

The perils of the freer market.

The federal reserve is raising interest rates to keep down inflation and slow down the economy. Wages are not increasing for any number of reasons. If you lower taxes, that only frees up more money and drives inflation higher and higher. Reduce consumer spending will slow it down as well.

The worst economic sitution is stagflation, where by the economy is on the blink, but inflation is high, wages rising to fast, high interest rates, and low productivity is the worst.

Could it be that the swelling world population is swallowing up all the raw resources at an exponential pace.Therefore all goods made will cost more? Mother Earth might not have enough of all these resources.

1300 Class · 05-13-2006, 09:23 PM

Well, I am sure there have been more convincing arguments for mass genocide, but at least its a novel one.

Zandoz · 05-14-2006, 03:05 PM

There are two economies...The Upper and Lower economies. The upper is characterized by stock markets, GNPs and productivity statistics. The lower by things like cost of living, disposable income, bankruptcies, and repossessions. The upper economy gets the headlines, and the lower gets the shaft. And they try to cover the shaft with flowers, just like a grave. Rosy bogus stats like unemployment figures that only count those actively collecting unemployment benefits, and ignoring those that the benefits have run out...or those that have had to take fractional wage jobs...or those who have just given up.

Sandie S-R · 05-14-2006, 04:29 PM

Quote:

Originally Posted by Australian Lord

Well, I am sure there have been more convincing arguments for mass genocide, but at least its a novel one.

Pass the koolaid.

1300 Class · 05-15-2006, 01:10 AM

Quote:

Originally Posted by Zandoz

There are two economies...The Upper and Lower economies. The upper is characterized by stock markets, GNPs and productivity statistics. The lower by things like cost of living, disposable income, bankruptcies, and repossessions. The upper economy gets the headlines, and the lower gets the shaft. And they try to cover the shaft with flowers, just like a grave. Rosy bogus stats like unemployment figures that only count those actively collecting unemployment benefits, and ignoring those that the benefits have run out...or those that have had to take fractional wage jobs...or those who have just given up.

Its all a mass conspiricy. Up the revolution.

05-13-2006, 08:51 PM	#1
dan Master Member Join Date: Oct 2005 Posts: 2,114	Commodities High,,,Wages Flat This is a recipe for disaster. Inflation from high Commodities will drive everything you buy North..Meanwhile real wages remain flat..I do believe this economy will stop growing, and start to recede within the next few months..Interest rates on borrowed money is also increasing. Property taxes are sky high with no relief in sight,which will affect homeowners and renters...Healthcare costs keep rising at a fast pace.. All energy is priced to demand which is only going to increase. Why do I keep hearing the pundents telling everyone this is a great economy?? Is it?Can the average consumer handle this?

05-14-2006, 03:05 PM	#5
Zandoz Highly irregular Join Date: Sep 2005 Location: Turn left at the Pharos, then right at the library...Alexandria KY Posts: 6,276	There are two economies...The Upper and Lower economies. The upper is characterized by stock markets, GNPs and productivity statistics. The lower by things like cost of living, disposable income, bankruptcies, and repossessions. The upper economy gets the headlines, and the lower gets the shaft. And they try to cover the shaft with flowers, just like a grave. Rosy bogus stats like unemployment figures that only count those actively collecting unemployment benefits, and ignoring those that the benefits have run out...or those that have had to take fractional wage jobs...or those who have just given up. __________________ Now some they do and some they don't ...and some you just can't tell ...and some they will and some they won't ...with some it's just as well! Blessed is he who has learned to laugh at himself, for he shall never cease to be entertained. -- John Boswell The fool doth think he is wise, but the wise man knows himself to be a fool -- William Shakespeare, As You Like It, Act II, Scene VII History doesn't repeat itself - at best it sometimes rhymes -- Mark Twain

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05-13-2006, 09:04 PM	#2
1300 Class Smug Annoying Centrist Join Date: Sep 2005 Posts: 5,946	The perils of the freer market. The federal reserve is raising interest rates to keep down inflation and slow down the economy. Wages are not increasing for any number of reasons. If you lower taxes, that only frees up more money and drives inflation higher and higher. Reduce consumer spending will slow it down as well. The worst economic sitution is stagflation, where by the economy is on the blink, but inflation is high, wages rising to fast, high interest rates, and low productivity is the worst.

05-13-2006, 09:23 PM	#4
1300 Class Smug Annoying Centrist Join Date: Sep 2005 Posts: 5,946	Well, I am sure there have been more convincing arguments for mass genocide, but at least its a novel one.