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TPS

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Everything posted by TPS

  1. I was scanning through this to see who was the first to mention Knopfler.
  2. Yes, I do. What I put for the link is essentially what the title of the article suggested. I've been leery of this since seeing Skidmore and Kotlikoff 's co-written piece. However, The sum of the adjustments and the details in other links associated with this article suggest there are large magnitudes of expenditures not accounted for. Kotlikoff is a very respected economist, and I doubt he would've joined with Skidmore and raised concerns if it was nothing more than some simple adjustments to balance accounts.
  3. Don't forget Sidney Jones who dropped out of R1 due to his knee injury.
  4. I figured you might have posted this, but was too lazy to search. Right, just wait for the real push to cut SS and Medicare...
  5. This has some mind boggling implications: $21 trillion of unauthorized (mainly) defense spending That's almost equivalent to the total outstanding debt.
  6. If you're posting at me, maybe you should read my prediction again. I said 2018 is going to be a good year, and 2019 has a strong possibility of recession. I'm riding the wave this year Dude...kowabunga!
  7. No where have I said "I hope" a recession happens, I'm predicting one. Recessions are inevitable. There will be another one before 2020. Since they are inevitable, even if I said I hope it happens before 2020, so what? People will be hurt when it happens whether it's before or after 2020. So let me offend your feelings Nancy, I am now predicting AND hoping it happens before 2020. I gloated a few times about my predictions on inflation over the past 8 years or so. Since recessions are inevitable, being right about the timing doesn't mean I'm happy about the impact. All economists make predictions. When I'm right, it's confirmation that my economics is right. You'll have to rephrase that second question when you're sober...
  8. I am making a prediction about the economy and, as a consequence, its impact on Trump's bid for 2020. Since it's my profession, I don't wish any particular economic outcome, I simply try to predict the outcome. If there's political fallout that I view as a good thing, then I won't be disappointed...
  9. The oldest and supposedly true is, "Someone find me a one-handed economist..." H. Truman Absolutely! Especially if it's Bernie who takes him baby!
  10. One person predicted > 4%, and 14 predicted between 3-4% as I suggest. As I stated in other posts, I expect this year to be in the 3-4% range which will lead the Fed to hike rates quicker than expected, most likely leading to the next recession in 2019. A low measured savings rate is and will be a consequence of the bottom 90% increasing debt-financed consumption expenditures related to their meager increases in disposable income from the tax cuts--another factor contributing to the likelihood of a slowdown in 2019. You should hope this scenario plays out, because a weak economy in 2019/20 will make the trumpster a one-termer...
  11. You do realize the latter is the average forecast of about 60 economists? By my count, about 20% predicted 3% or more for 2018.
  12. There are a lot of positives underlying the data. The main issue, which Trump or any president can't fix short term, is that strong consumer spending raises the trade deficit which acts as a drag on the observed growth rate. As I mentioned about the tax plan, the tax cuts should push growth into the 3-4% range this year.
  13. He or his wife like warm weather...
  14. Wow, my relationship here has been longer than any of my marriages...
  15. I'm with you. Stupid people think taking an 0-16 team to the playoffs in the third year means he's not a good head coach. Stupid people think this. He will be successful.
  16. And an economics major!
  17. Which makes it very easy to observe changes in the result from changes in the variables.
  18. I won't be surprised if they try to retain Matthews. He wasn't just a throw-in on the trade, they liked him. KB on the outside, JM in the slot, then a fast rookie on the other side would be nice.
  19. The selling point is the Bills making the playoffs; the counterpoint is they don't have a QB. I'm sure McD will have to sell the new OC by explaining their plan on QB for next year...
  20. That will be interesting to see since he was here before Dennison. One would think a new OC would want his own line coach?
  21. This is a pretty good take on things. Two questions. Shouldn't Dawkins go to RT since you usually want a stronger run blocker on the right? Glenn has been a very good pass blocking LT. Second, what do you think they will do at MLB? Re-sign PB?
  22. I don't know that he'll be asked to take a pay cut. He and Kyle (and Wood) are appreciated for their leadership as you state, and it takes a few years to really ingrain the culture they desire. I'm sure McD would love to have Kyle and Lo back for one more year.
  23. Oh Canada sounds interesting...
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