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Thread: 4Q productivity gain a tepid 1.3%

  1. #31
    Moderator libertariat720's Avatar
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    Quote Originally Posted by Libertine View Post
    Investors being forced to put cash in the stock market because of 8 years of zero interest rates is not the same thing as capital investment.

    Very few companies were investing significantly in capital equipment with the no growth markets of Obamaconomy.

    You may have bought some stock in Intel or Carrier, and their stock price may have went up from increased demand, but Intel moth-balled its new plant under construction and Carrier closed plants and moved production to Mexico.

    That is changing now, and the capital investments will push productivity up.
    And while doing so, they've created an equity bubble.

    Productivity won't grow like it use to until there is another major technological innovation. The past 150 years has seen an exponential boom in technological advances, which have caused the productivity growth rate to be so high. Now, instead of electricity, automobiles, and antibiotics, we have Amazon, Twitter, and Uber.

    I predict articficial intelligence and/ or breakthroughs in nanotechnology will be the way of the future.
    Thanks from Thx1138

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    Quote Originally Posted by BigLeRoy View Post
    Um, gee, energy costs PLUMMETED under Obama. Some of us remember the $5 a gallon gasoline during the summer of 2008. Tell us, who was President then? Gasoline is currently going for right around $2 a gallon in my neck of the woods. And there is NO understanding on your part that having 45 million people without health insurance imposes HUGE costs on the American economy.

    How could the stock market have been so WILDLY WRONG during the eight years of Obama, Libertine?

    Because that IS, in FACT, what you are claiming: That the millions and millions of investors who put their money into the stock market during the Obama years were just plain fucking WRONG.
    So you are crediting Obama with the development and implementation of fracking?

    Electricity is 25% higher for me because of green energy mandates. It is over 200% higher in some states because of government mandates. I have to pay 25% to 50% more for pure gasoline because of ethanol blending mandates.

    Had Obama been able to cram his carbon credit scheme down our throats energy would have been significantly more expensive.

    Obamacare put 20 million people on government health care welfare programs that discourage and punish work, that damages the economy. 30 million are still uncovered.

  3. #33
    Bizarroland Observer Thx1138's Avatar
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    Quote Originally Posted by libertariat720 View Post
    And while doing so, they've created an equity bubble.

    Productivity won't grow like it use to until there is another major technological innovation. The past 150 years has seen an exponential boom in technological advances, which have caused the productivity growth rate to be so high. Now, instead of electricity, automobiles, and antibiotics, we have Amazon, Twitter, and Uber.

    I predict articficial intelligence and/ or breakthroughs in nanotechnology will be the way of the future.
    We had the PC revolution, next could be the PR revolution: Personal Robot.

    Thx

  4. #34
    Moderator libertariat720's Avatar
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    Quote Originally Posted by Thx1138 View Post
    We had the PC revolution, next could be the PR revolution: Personal Robot.

    Thx
    AI is pretty much the only technological leap I can think of that would boost productivity growth rates as much as the last 150 years. I don't think people realize the sheer amount of progress that's occurred in that time span. This might be naive, but it looks like we've reached a plateau, at least as of now.

    Microsoft's CEO agrees, and said AI is the best way to grow global GDP, which is moving at a snail's pace right now.

    Microsoft CEO Nadella: We have no global growth, we need AI

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    Quote Originally Posted by BigLeRoy View Post
    Um, gee, energy costs PLUMMETED under Obama. Some of us remember the $5 a gallon gasoline during the summer of 2008. Tell us, who was President then? Gasoline is currently going for right around $2 a gallon in my neck of the woods. And there is NO understanding on your part that having 45 million people without health insurance imposes HUGE costs on the American economy.

    How could the stock market have been so WILDLY WRONG during the eight years of Obama, Libertine?

    Because that IS, in FACT, what you are claiming: That the millions and millions of investors who put their money into the stock market during the Obama years were just plain fucking WRONG.
    @BigLeRoy

    do you understand the effect to the share price from corporate stock buy backs? How about high demand due to 0% rate-of-return on cash products?

  6. #36
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Libertine View Post
    So you are crediting Obama with the development and implementation of fracking?
    No, and nowhere did I say that or even IMPLY it. You should stop putting words in the mouths of other people. It is something you do VERY frequently, and is a very SLEAZY debating tactic. Stop that.

    P.S. You should read the editorial that was in The Wall Street Journal just last Wednesday. The title was "A Conservative Answer to Climate Change". It was advocating a carbon tax. What was most interesting about that editorial was the identity of the authors. The two authors were: James A. Baker III and George P. Shultz. Those two gentlemen ARE the Republican establishment. They BOTH served as BOTH Secretary of the Treasury AND Secretary of State, at different times.

    That's just to let you know that there are some conservatives who do NOT deny climate change. You might want to think about joining them, as opposed to wallowing in ignorance.

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    Quote Originally Posted by BigLeRoy View Post
    No, and nowhere did I say that or even IMPLY it. You should stop putting words in the mouths of other people. It is something you do VERY frequently, and is a very SLEAZY debating tactic. Stop that.

    P.S. You should read the editorial that was in The Wall Street Journal just last Wednesday. The title was "A Conservative Answer to Climate Change". It was advocating a carbon tax. What was most interesting about that editorial was the identity of the authors. The two authors were: James A. Baker III and George P. Shultz. Those two gentlemen ARE the Republican establishment. They BOTH served as BOTH Secretary of the Treasury AND Secretary of State, at different times.

    That's just to let you know that there are some conservatives who do NOT deny climate change. You might want to think about joining them, as opposed to wallowing in ignorance.
    I'm a conservative and state that anyone who denies that the climate hasn't changed many times over the past millions of years is simply kidding themself.

    The issue is will the eradication of man from the face of the earth stop the climate from continuing to change or will it all of a sudden remain locked?

  8. #38
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by sec View Post
    I'm a conservative and state that anyone who denies that the climate hasn't changed many times over the past millions of years is simply kidding themself.

    The issue is will the eradication of man from the face of the earth stop the climate from continuing to change or will it all of a sudden remain locked?
    No, that is NOT the issue. But thanks for playing.

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    Quote Originally Posted by BigLeRoy View Post
    No, and nowhere did I say that or even IMPLY it. You should stop putting words in the mouths of other people. It is something you do VERY frequently, and is a very SLEAZY debating tactic. Stop that.

    P.S. You should read the editorial that was in The Wall Street Journal just last Wednesday. The title was "A Conservative Answer to Climate Change". It was advocating a carbon tax. What was most interesting about that editorial was the identity of the authors. The two authors were: James A. Baker III and George P. Shultz. Those two gentlemen ARE the Republican establishment. They BOTH served as BOTH Secretary of the Treasury AND Secretary of State, at different times.

    That's just to let you know that there are some conservatives who do NOT deny climate change. You might want to think about joining them, as opposed to wallowing in ignorance.
    I stated that Obama's policies increased my energy costs, you implied that Obama's policies had something to do with the decrease in gasoline costs, that's sleaziness.

    Looks like Shultz and Baker are now lobbyist for green energy special interests.

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    Quote Originally Posted by BigLeRoy View Post
    No, that is NOT the issue. But thanks for playing.
    "Climate Change" was raised.

    Perhaps I do not understand what Democrat voters mean when they say "Climate Change"

    Do you mean what has been happening long before man ever walked this planet or do you mean the special interest backed groups who suggest that taxing people will stop what has occured for millions of years?

    Please elaborate what you mean when you say, "Climate Change"? Also, what ever happened to "Anthropomorphic Global Warming"?

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