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Old 01-15-2008, 05:10 PM   #1
Arximedus

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Default Bush-enomics or How to create stagflation.
To moderate the alarmism the rate of inflation on things other then food and energy has remained fairly low though the reality is Americans must also pay for food & energy. It's just a question of when higher energy costs will translate into higher prices. Companies can't continue taking the hit for ever and will have to pass costs on to consumers eventually.
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Old 01-15-2008, 05:15 PM   #2
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The three big problems are rising energy costs, rising food costs, and the subprime mortgage crisis. I'd say current government policy or failures to correct known problems are exactly the cause. Did Bush move to increase CAFE standards until the Democrats took over Congress? Would higher CAFE standards and energy conservation standards have helped to reduce demand? An unqualified yes. Using corn to produce ethanol actually consumes more oil then it offsets yet Bush & the Republicans insist on tariffing the hell out of foreign sugar & foreign made ethanol. Would lowering those tariffs increase the supply of both ethanol and food? Another unqualified yes. Was the subprime loan crisis the direct result of Bush & Co refusing to take well documented and know needs for greater regulation and transparency in the lending markets? Yet another unqualified yes.

This falls squarely into Bush's lap.
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Old 01-15-2008, 05:24 PM   #3
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Isn't this your 3rd thread today in the OT?
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Old 01-15-2008, 05:28 PM   #4
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Three threads in one day
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Old 01-15-2008, 05:36 PM   #5
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The three big problems are rising energy costs, rising food costs, and the subprime mortgage crisis. I'd say current government policy or failures to correct known problems are exactly the cause. Did Bush move to increase CAFE standards until the Democrats took over Congress? Would higher CAFE standards and energy conservation standards have helped to reduce demand? An unqualified yes. Using corn to produce ethanol actually consumes more oil then it offsets yet Bush & the Republicans insist on tariffing the hell out of foreign sugar & foreign made ethanol. Would lowering those tariffs increase the supply of both ethanol and food? Another unqualified yes. Was the subprime loan crisis the direct result of Bush & Co refusing to take well documented and know needs for greater regulation and transparency in the lending markets? Yet another unqualified yes.
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Old 01-15-2008, 05:48 PM   #6
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Originally posted by Ming

No more new threads for you Oerdin Ever?

Spec.
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Old 01-15-2008, 06:09 PM   #7
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People buying more pizza than they need
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Old 01-15-2008, 06:14 PM   #8
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People getting caught lying about buying more pizza than they need, priceless.

Spec.
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Old 01-15-2008, 06:17 PM   #9
JMLot

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Originally posted by LordShiva
Does 6% inflation mean 51" pizzas now? Smaller

Bush
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Old 01-15-2008, 06:25 PM   #10
irridgita

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Originally posted by Patroklos

Bush, the champion in the fight against obecity Patty, teh champion in teh fight against spelling
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Old 01-15-2008, 06:27 PM   #11
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Originally posted by LordShiva
Patty, teh champion in teh fight against spelling The. Teh isn't a word.
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Old 01-15-2008, 06:32 PM   #12
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That's not a dictionary.
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Old 01-15-2008, 06:36 PM   #13
biannaruh

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Laughing at Oerdin blaming the global price of oil which is determined by global demand on Bush?
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Old 01-15-2008, 06:42 PM   #14
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Originally posted by DinoDoc
Laughing at Oerdin blaming the global price of oil which is determined by global demand on Bush? Yeah...well apparently. I thought 48" pizzas had just as much to do with the price of oil as Bush does.

So, isn't it really a discussion on the media and the way they choose to report things?

And...isn't the media so related to the internet these days that the two could be really be called one?

And, if the internet is responsible, then doesn't Apolyton bear some responsibility for things here?

And if Apolyton is responsible, then isn't Ming really to blame here?

Well! I, for one, will not let Ming spam the good name of this thread in clear conscience!

/me walks out of thread in disgust!


(okay...so I watched an Animal House rerun last night...)
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Old 01-15-2008, 08:49 PM   #15
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Originally posted by DinoDoc
Laughing at Oerdin blaming the global price of oil which is determined by global demand on Bush? So you think decreasing demand in the US wouldn't effect oil prices? Nice.
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Old 01-15-2008, 08:51 PM   #16
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I'm sure Bush has been trying damn hard for 7 years to get stagflation and only now has he succeeded in his long awaited goal.
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Old 01-15-2008, 09:04 PM   #17
newpiknicker

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Originally posted by Oerdin
So you think decreasing demand in the US wouldn't effect oil prices? Nice. When even Kid thinks your a little off, it might be time to rethink things.
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Old 01-15-2008, 09:34 PM   #18
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Did Bush put a gun to the heads of idiots and force them to buy houses they couldn't afford?
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Old 01-15-2008, 09:55 PM   #19
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Originally posted by Ben Kenobi
I'm sure Bush has been trying damn hard for 7 years to get stagflation and only now has he succeeded in his long awaited goal. More like the US economy was robust enough to delay the natural consequences of his policy decisions. The problem is eventually it caught up to him.
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Old 01-15-2008, 10:04 PM   #20
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Nice edit.
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