Heel31ok

I see this as the economy leveling out and expect to start back upwards.
This little blip on the radar is basically over. Though it barely even got started.

Life and Death are in the power of the Tongue

" We are heading in the direction of a National Championship" Butch Davis





"Josephine, you're so good to me and I know it ain't easy, Josephine you're so sweet you must taste just like sugar...Tangerine" J. Dylan

Thomas said to Him,"My Lord and my God!"
Then Jesus told him,"Because you have seen me, you have believed;blessed are those who have not seen and have believed."


All you Peppers haters can pound salt, Thanks Julias!

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Stinger

ie "I can't refute the facts so.............."

Stinger

And during the Clinton years 5.5 was considered full employment.

michaelr

I don't care what Clinton said, please understand that, he is as big of liar as anyone in this administration. The facts go like this, when your off the rolls your no longer unemployed. The unemployment rate can not be calculated. That said go back to the thread http://www.ballot.com/hotwire/26141-...g-economy.html and read my last post. You will see how the numbers are fudged.

Think for myself

1. When confronted by fact, bring up President Clinton.

Ignore lists are for those that are wrong, know they are wrong, and prefer to keep being wrong without the nuisance of being told they are wrong.

lakeman

By any reasonable measure:

1) the economy has problems

2) it is not in a recession

That is not a just government, nor is property secure under it, where the property which a man has in his personal safety and personal liberty, is violated by arbitrary seizures of one class of citizens for the service of the rest.
-James Madison-

Stinger

I don't care what you care about what Clinton said since no one said anything about what Clinton said.

No recession. Unemployment low.

Think for myself

I can tell from your posts that your favorite part of Disneyland is Fantasyland.

Unemployment is a full percentage point higher than it was a year ago. Last time I checked, rising unemployment was a bad thing.
Graph: Unemployment rate (seasonally adjusted)

Our national debt has increased 5,000 billion dollars over the Bush administration.

GDP increased 1.9%, while fuel costs increased 100%. I want you to run a business with those numbers then tell us how that works out.

Ignore lists are for those that are wrong, know they are wrong, and prefer to keep being wrong without the nuisance of being told they are wrong.

sec

if you use the basic definition of a recession and use the GDP as a measuring stick then you would say the economy has slowed however it's not in a recession. Statistically that might be correct however when you see banks in trouble, home foreclosures, job losses etc, your experience of the situation and perceptions differ.

lakeman

Banks in trouble - wow a few banks
home forclosures - up from about a half a percent to a percent - wow
job losses - up a point - wow
national debt 5000B higher - Um that's a measure of how congress is spending our money not a measure of the economy. P.S. congress is controlled by the democrats. The fed brings in about 8T in taxes each year. All we need to do is cut the size of government by about 50% and use the extra 4T to pay off the debt. Then we can lower taxes by 50%.

That is not a just government, nor is property secure under it, where the property which a man has in his personal safety and personal liberty, is violated by arbitrary seizures of one class of citizens for the service of the rest.
-James Madison-