Bogus! PHIL KNIGHT'S PLANTATION

[Hoopguru]

Barfo..you are certainly entitled to your opinion as I am.
I do respect opinions of others as well:
It may be long and it was printed in April by Forbes. Like an electrical engineer unbiased economist know a schematic and can read it.

A Year Of 3 Percent Economic Growth Shows No Signs Of Stopping



William Dunkelberg

Contributor

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Critics claimed that the economy would collapse after the 2016 presidential election. Forecasters who used their politics and not their economic sense predicted woes for financial markets and job creation. But what developed post-election was entirely different. Instead, the stock market added trillions in value, and the economy produced over 2 million new jobs with the unemployment rate now at 4.1 percent. GDP growth has averaged 3 percent for the last three quarters, and the New York Federal Reserve anticipates a repeat for the first quarter. If achieved, that would mean that growth in the past 12 months was 50 percent better than the 2 percent rate that characterized the eight years prior to the election. Investors don’t invest in a dismal future which was clearly the view on Main Street for years up to the election. NFIB’s monthly Small Business Optimism Index only once reached its 45-year average between 2009 and 2016. Firms don’t grow beyond what is needed to replace depreciated equipment and accommodate population growth (more people require more haircuts and services), which is currently under 1 percent.

Central to an economic recovery is the small business sector, which includes over 5 million employer firms with fewer than 500 employees, 90 percent with fewer than 20, along with tens of millions of “one person” firms. Small businesses employ about half of the private sector workforce and produce about half of the private Gross Domestic Product.

The National Federation of Independent Business’s Index of Small Business Optimism clearly identified this abrupt change in economic activity. The 45-year average for the Index is 98. In October of 2016, the Index was 94.9, and in the November days preceding the election, it was 95.4. In the remaining days of November, the Index jumped to 102.4, then 105.8 in December 2016 with near record readings every month in 2017, and again this year. That makes 16 months of sustained record-level readings!

Clearly, the change in the management team in Washington D.C. was critically important to small business owners. It meant that a new team that ran on a “smaller government” platform would take control. As uncertain as the details of policy changes might have been, the direction was clear and that mattered. Whatever tax reform or health care reform or regulatory policy might look like in detail, it would be better than what they lived in under the previous administration. And the avalanche of new regulations would end, returning control of resources back to the private sector and markets. Without a single specific change in policy, the Main Street economy began to surge after the election according to the NFIB survey data. Small business owners increased hiring and spending, as confidence in a better future grew.


Investment in workers and plant and equipment is, for the most part, all about the future. Before the management change, small businesses were in a mode of only routine spending on maintenance and depreciation for years. A change in the outlook for economic policy, reducing government’s grip on private-sector actions, was sufficient to raise the expected rate of growth, and investment spending responded, with millions of firms doing “more.” In February, reports of spending on capital investments reached the highest level see since 2004. That added up to substantial growth in jobs and output as is now quite evident. Investment in the capacity of the economy and its workforce has been depressed since the Great Recession. Now it is ramping up with hiring and investment spending coming to life, boosted by more favorable tax rates that raise the return on new investment as well as on the existing capital stock. These rates allow existing machinery to earn more for the same amount of work. Although not the only player, small business has clearly performed a significant role in the dramatic improvement in economic growth and job creation.

I’m Chief Economist for the National Federation of Independent Business, where I focus on entrepreneurship, small business, consumer behavior and the economy. I’m also Professor Emeritus at Temple University. Please follow the NFIB Research Foundation on Twitter: @NFIBResear... MORE

Also, Mu son just passed his Journeyman's Electricians test for both Washington and Oregon. The local Portland electrical contractor he's worked for over the last 6 years has experienced recent huge growth and new jobs to the point they cannot find enough electricians. Even though his union leans left they will be the first to say work is plentiful and robust. Oh, and growing robustly.
Like a scalawag with a bottle of Rum and a hot chick!

 

[MARIS61]

I think you understood what I meant. The plan is, you cut rich people's taxes today. Then you notice that the deficit is out of control. So then you hike taxes on the middle class (and cut services to the poor).

barfo

That is what the Dems under Clinton and Obama did, and the opposite of what Trump has already done.

 

[MARIS61]

Maris = Alex Jones. Twinkies.

Mods, there's no room for disgusting, homophobic slurs on this board.

 

[yankeesince59]

Mods, there's no room for disgusting, homophobic slurs on this board.

...again, quit begging.

 

[MARIS61]

Look, I told you before, Nike has rules on the minimum wages and working conditions for people building their products and it's not 80 cents/hr. The wages of emplyees in Vietnam had to be increased quite a bit.

There are only 3 reasons for an American businessman to manufacture overseas.

1. To cheat their countrymen by avoiding paying taxes which our country depends on to function.

2. To avoid paying fair wages by renting slaves from slave-owning countries.

3. To avoid complying with workplace-safety and anti-pollution regulations by manufacturing in countries with lax regulations.

 

[MARIS61]

...again, quit begging.

Quit enabling.

 

[yankeesince59]

Quit enabling.

...exactly who am I enabling?...do you ever think things through before posting?...the evidence says no.

 

[yankeesince59]

There are only 3 reasons for an American businessman to manufacture overseas.

1. To cheat their countrymen by avoiding paying taxes which our country depends on to function.

2. To avoid paying fair wages by renting slaves from slave-owning countries.

3. To avoid complying with workplace-safety and anti-pollution regulations by manufacturing in countries with lax regulations.

...yet you're OK with Trump's deal with Mexico?...yeah, that makes sense.

 

[barfo]

Barfo..you are certainly entitled to your opinion as I am.
I do respect opinions of others as well:
It may be long and it was printed in April by Forbes. Like an electrical engineer unbiased economist know a schematic and can read it.

We are both entitled to our own opinions, but not to our own facts.

These are statements of fact, not opinion:

Growth is about the same as it has been for the past several years. People who say otherwise are lying to you, including the President.

The debt is increasing, not decreasing. We are not paying it down faster, we are borrowing faster.

The federal government hasn't been cut. Spending is up, not down.

This one is opinion (or maybe just speculation):

Maybe the government will raise a lot more money via Trump's tariffs, which are new taxes. More likely, they'll either be scaled back or cause an economic catastrophe.

barfo

I very much appreciate that you provided the Forbes material so there is something concrete to discuss - I will address that article later today when I have a bit more time.

barfo

 

[calvin natt]

Mods, there's no room for disgusting, homophobic slurs on this board.

Huh?

 

[Chris Craig]

Mods, there's no room for disgusting, homophobic slurs on this board.

Really? Your going to complain about insults? Your character is an idiotic hypocrite.

 

[Chris Craig]

CC...Im for freedom of speech and if someone wants to protest anything that ok by me as long as they are civil.
When Kap wore socks that depict police as pigs do you really see that as wanting to have a sincere discussion? I see it as someone you wants to grandstand and say fuck you to all police, which is no way to bring to different sides together to have a constructive conversation. If he wants to be a mediator to bring parties together for change, why that behavior? If he wants to be a conciliator and offer constructive ideas to help bring about change, why the where pigs depicting police on his socks. If he is promoting and concerned about social injustice why would he where at shirt with Castro on it, one whom suppressed his people for years.
To me if someone advocates change they shouldn't be counter productive.

To be honest I agree with some of his concerns but I have enough backbone to say his approach wasn't totally correct and mostly inflammatory by his apparel statements.

Look I am not going to get into an argument about his socks. Its the message beyond that. The message that many other players connected with and carried forward. That is the part I agree with.

 

[MarAzul]

That is the part I agree with.

What is that message?
Do you espouse to the same message as dviss?

If you can't remember, dviss' words were, Fuck your Flag, fuck your traditions!
Kaepernick's actions seem to be the same.

 

[lawai'a]

What is that message?
Do you espouse to the same message as dviss?

If you can't remember, dviss' words were, Fuck your Flag, fuck your traditions!
Kaepernick's actions seem to be the same.

https://ftw.usatoday.com/2018/05/nfl-49ers-colin-kaepernick-national-anthem-protest-nate-boyer
first link explains the progression of his anthem protest from sitting to the knee, that was suggested by another player who was also an army veteran, decorated green beret. (white player by the way)
it is a very short read that sticks to facts and makes no judgements.
i suggest not wasting the time to read it but waste the 2minute and 16 seconds it takes to watch the embedded video for boyer's own take of the situation.
don't expect you to agree but perhaps understand.

 

[Hoopguru]

I think you understood what I meant. The plan is, you cut rich people's taxes today. Then you notice that the deficit is out of control. So then you hike taxes on the middle class (and cut services to the poor).

barfo

Demi have always been tax and spend, tax and spend

Look I am not going to get into an argument about his socks. Its the message beyond that. The message that many other players connected with and carried forward. That is the part I agree with.

Thats cool...I appreciate your take!

 

[MarAzul]

https://ftw.usatoday.com/2018/05/nfl-49ers-colin-kaepernick-national-anthem-protest-nate-boyer
first link explains the progression of his anthem protest from sitting to the knee, that was suggested by another player who was also an army veteran, decorated green beret. (white player by the way)
it is a very short read that sticks to facts and makes no judgements.
i suggest not wasting the time to read it but waste the 2minute and 16 seconds it takes to watch the embedded video for boyer's own take of the situation.
don't expect you to agree but perhaps understand.

This is the first time I have heard this story. It might have made a difference in the beginning.
The first time I saw the disrespect for the flag, it made me think of the first time I ever saw such a thing. Standing the quarter
deck watch in Long Beach Harbor in the Naval Shipyard, with the normal watch crew for a Destroyer. Officer of the deck, PO of the watch, and Messenger of the watch. The OD and PO are the only armed men on the ship in port normally, sometimes the Chief or Master of arms is also.

Anyway, when sailors come aboard tradition is the salute the Ensign or where it would fly and request permission to come aboard.
It is probably 10:30 11:00 when two sailors come aboard, the first just as sailors do. The second, a Black guy with load of hate.
Salutes the flag with the finger, and a loud Fuck the flag and this ship too.

The OD turns to the PO of the watch (that would be MarAzul) says escort this man below to his bunk. Aye Sir!
Off we go, toward the mid ships passage way with 02 deck overhang where it gets dark. Scaffolding tinker toys all about the ship.
The Black sailor grumbling, the white sailor following as ordered. Soon as we turn we are in the dark, I can't see a dam thing of the black guy! Damn! I feel the fuck up about to happen, I duck and weave as the blow scraps by my head. I step back into the little light there is and he he comes, Mutha Fuckar! With a hunk of scaffolding in hand.

I ducked the swing and step in, .45 already and soon in the soft spot, under the chin. Two sailors, one black and angry, the other white and pissed, one with scaffolding the other with a .45 hammer back.

Then reality set in, anger changed to fear, in the eyes and voice. They both lived.

Other times I see this disrespect, I think of the image of Michael Browns dad in the back of the pickup truck urging the crowd to
Burn this Bitch down!

https://www.cnn.com/2014/11/25/us/michael-brown-stepfather-video/index.html

 

[Lanny]

Also, Mu son just passed his Journeyman's Electricians test for both Washington and Oregon. The local Portland electrical contractor he's worked for over the last 6 years has experienced recent huge growth and new jobs to the point they cannot find enough electricians. Even though his union leans left they will be the first to say work is plentiful and robust. Oh, and growing robustly.
Like a scalawag with a bottle of Rum and a hot chick!

If you'll look at the charts I think you'll readily see that the upturn in the economy happened under Obama. Obama had to deal with the worst financial collapse in 8 decades. Hence, the robust economy is in spite of Trump.

A tax cut that has not improved the lives of the lower and middle classes certainly has not helped things nor has the looming trade wars.

If you ask me, Trump is incredibly lucky to both have the Russians on his side as well as being able to succeed Obama and inherit his good work.

Also, being able to finally dump tailings in our rivers and streams has been helpful to the coal mining industry. Not so helpful to those who get their drinking water downstream from this dumping.

 

[H.C.]

This is the first time I have heard this story. It might have made a difference in the beginning.

FIFY

 

[MARIS61]

 

[MARIS61]

Army Veteran's Apparel Line Counters Nike-Kaepernick Campaign with 'Just Stand' Shirt

An Army veteran called out Nike Saturday on Fox & Friends for featuring Colin Kaepernick at the center of the company's "Just Do It" campaign.

Tyler Merritt's company, Nine Line Apparel, has countered Nike by releasing a shirt of its own that reads "Just Stand."

Merritt, a former Army captain and Nine Line's CEO, said Saturday, "They decided to take a stance. This is our stand.”

Nike recently announced a multiyear agreement with Kaepernick, including for his own apparel line, video ads and billboards featuring his image, and a contribution to the former San Francisco 49ers quarterback's Know Your Rights charity.

Nike Is 'Exploiting' a Divisive Issue: MO College Says It's Dropping Nike After Kaepernick Ad

The company drew immediate backlash after releasing a print ad that stated, "Believe in something, even if it means sacrificing everything."

Merritt said Saturday that it's hard to make a parallel between an athlete's sacrifice and a soldier's.

"The word 'sacrifice' in the military members, it's something severe," he said.

He said that Nike's move to feature a controversial figure like Kaepernick was done with a lack of concern about those who may find the former quarterback's actions offensive.

"I agree that police brutality is bad, but you know, wearing socks that say pigs..." he said, in reference to when Kaepernick wore socks depicting police officers as pigs.

"Actions speak louder than words," Merritt said. "If you want to say that you're promoting social injustice, then actually do something."

 

[MARIS61]

Massachusetts jewelry store under fire after 'take a knee' billboard backfires

By Kathleen Joyce | Fox News
Jewelry store's 'kneeling' billboard draws backlash
A jewelry store in Massachusetts has come under fire after their billboard showing a man proposing to a woman on the football field was called racist.

The billboard advertising Garieri Jewelers in Sturbridge, Mass., reads: “If you’re going to take a knee this season, please have a ring in your hand!” The billboard, which was located on Route 20 in Charlton, was set up on Saturday.

Scott Garieri, the owner of the store, said the advertisement was meant to be “attention-getting” and was a “play on words” regarding NFL players kneeling during the national anthem. Former San Francisco 49ers quarterback Colin Kaepernick started kneeling during the national anthem to protest police brutality, racial inequality and other issues. President Trump has been a vocal critic of the protests.

COLLEGE OF THE OZARKS, PRIVATE CHRISTIAN SCHOOL, DROPS NIKE OVER KAEPERNICK AD

"It was intended to be attention-getting," Garieri told Boston 25 News.

“The way that the football season was, everyone had a thing about taking the knee,” he told the Washington Post.

He said the reactions to the billboard were at first positive until one driver, traveling down Route 20, took a picture of it and posted it on Facebook, calling it racist.

"Someone saw it, pulled in off Route 20 and took a picture of it and then went off about how racist it is," Garieri told Boston 25 News. "Then they started attacking us, they wanted to come in and vomit on the [jewelry] cases, they were going to urinate on our sidewalks."

Comments flooded into social media including one that said Garieri’s daughter, Alexandria, who manages the store, should kill herself.

“That’s when it started to get out of hand,” Garieri said.

“We want to sell engagement rings. We’re selling love, not hate,” Alexandria Garieri told the Washington Post. “We were never wanting to be offensive, it was always meant to be satirical.”

The controversial ad by Nike featuring Kaepernick aired just a few days after the billboard was put up.

"I'm a firm believer in respecting the country, respecting the flag, respecting the national anthem," Garieri said.

Garieri said the billboard was staying up despite the backlash.

"It wasn't meant to be racist, business is business," he said.

 

[Hoopguru]

If you'll look at the charts I think you'll readily see that the upturn in the economy happened under Obama. Obama had to deal with the worst financial collapse in 8 decades. Hence, the robust economy is in spite of Trump.

A tax cut that has not improved the lives of the lower and middle classes certainly has not helped things nor has the looming trade wars.

If you ask me, Trump is incredibly lucky to both have the Russians on his side as well as being able to succeed Obama and inherit his good work.

Also, being able to finally dump tailings in our rivers and streams has been helpful to the coal mining industry. Not so helpful to those who get their drinking water downstream from this dumping.

I have never said Obama didn't do anything positive for our economy, Im just pointing out the the economy now is humming and I don't care who's done it. If it was doing well under Obama how could anyone say its not doing as well now?
Like a mentioned yesterday Lanny, My wife and I will pay much less fed tax this year which helps us a retired . My kids, some liberal are getting more in their checks then they ever did the previous 8 years. Whats wrong with that. I just don't get why people won't at least agree partially with some positive happenings rather than erecting is bad under this president. I never took that position when Obama was in, I give any admin credit regardless of party.
Im personally hoping our Country and kids get to achieve great things and prosper.
These staunch left and rights are so caught up in politics and don't see real positive things happening.

 

[yankeesince59]

^^^the tax bill is a boon for the rich and for for big business and does very little to help the middle class..I think you'll also find that though there may be a small percentage of more take home pay than before, the usual tax refund will be less than before...and so as far as net difference, it really doesn't help much, especially when you consider consumer prices also going up.

 

[barfo]

 

[Lanny]

What the heck? This looks like something out of someone's wild eyed fantasy.

 

[Lanny]

Donald Trump?

 

[Lanny]

I have never said Obama didn't do anything positive for our economy, Im just pointing out the the economy now is humming and I don't care who's done it. If it was doing well under Obama how could anyone say its not doing as well now?
Like a mentioned yesterday Lanny, My wife and I will pay much less fed tax this year which helps us a retired . My kids, some liberal are getting more in their checks then they ever did the previous 8 years. Whats wrong with that. I just don't get why people won't at least agree partially with some positive happenings rather than erecting is bad under this president. I never took that position when Obama was in, I give any admin credit regardless of party.
Im personally hoping our Country and kids get to achieve great things and prosper.
These staunch left and rights are so caught up in politics and don't see real positive things happening.

You're filthy rich? I can match that except that I'm not that rich.

Oh, people, people, I didn't mean it that way. Hey, I take a bath the first Saturday night of each month. And I usually get the second use of the water in the tub. Nope, no third hand washing for me. Oh, and I change my underwear and socks at the same time as my bath, so there.

 

[H.C.]

I have never said Obama didn't do anything positive for our economy, Im just pointing out the the economy now is humming and I don't care who's done it. If it was doing well under Obama how could anyone say its not doing as well now?
Like a mentioned yesterday Lanny, My wife and I will pay much less fed tax this year which helps us a retired . My kids, some liberal are getting more in their checks then they ever did the previous 8 years. Whats wrong with that. I just don't get why people won't at least agree partially with some positive happenings rather than erecting is bad under this president. I never took that position when Obama was in, I give any admin credit regardless of party.
Im personally hoping our Country and kids get to achieve great things and prosper.
These staunch left and rights are so caught up in politics and don't see real positive things happening.

I don't really understand it either.
But there are people on here who've made the claim that as soon as it was shown Trump had a chance to be the republican nominee. That business owners then decided to open their pocket books and spend giving the economy a boost.
That statement has been made by more than just the troll account.

It's a matter of what you choose to believe/find more difficult to believe.
Do you believe the mention of overlord Donald Trump having a chance at the presidency boosted the economy?
Or
Do you believe that over the course of time during the previous administration the economy was managed to a point that the next administration would benefit. So much so they'd attempt to take credit for the boost?

Political grandstanding.

I don't see how tariffs are going to help the economy. When other countries respond with tariffs of their own.
Simply because it may help one business, yet it hurts another.

 

[Hoopguru]

You're filthy rich? I can match that except that I'm not that rich.

Oh, people, people, I didn't mean it that way. Hey, I take a bath the first Saturday night of each month. And I usually get the second use of the water in the tub. Nope, no third hand washing for me. Oh, and I change my underwear and socks at the same time as my bath, so there.

Not sure I understand the point your trying to make about bath's and underwear?
And, I don't see where I said I was rich?
I am, but in different ways than monetary!

I was always taught my kids to admit their mistakes, but also be humble enough to admit your wrong and others can be right, in some things too.
Thats why I it saddens me to see both sides so adamant about the other side being wrong in all things.

 

[CupWizier]

FAKE NEWS. Sad