Consumer Prices Plunge; Production Jumps

[charrison]

Originally posted by: catnap1972

Originally posted by: ntdz

Originally posted by: umbrella39

Originally posted by: ntdz
http://www.washingtonpost.com/wp-dyn/co...cle/2005/12/15/AR2005121500344_pf.html

A record plunge in the cost of gasoline pushed consumer prices down by the largest amount in 56 years in November while industrial production posted a solid gain.

Ouch...so much for doom and gloom about the economy :roll:

WTF do i deserve a cookie for? I can't even believe you rabbid liberals are trying to play this off like it's not good news!??! WTF is wrong with you idiots?

Damn are you DESPERATE! (pathetic also covers it nicely)

So now instead of $2.69+ for gas, it's $2.29 (of course it was $1.69 last year). Never mind heating costs are going through the roof as well as everything else (which you neglected to mention in your little CJ...gee what a surprise) while jobs are going out the window left and right and those that are keeping theirs are getting jack for increases compared to inflation.

But yeah, look at that economy go! I'm sure those people working three jobs to keep a roof over their head are sure glad to hear it! :roll:

(oh and here's another for your collection)

IF you want to do something about heating cost, contact your reps about more oil and natural gas development. You want to bring prices down, you need to get the supply up.

 

[ntdz]

Originally posted by: catnap1972

Originally posted by: ntdz

Originally posted by: umbrella39

Originally posted by: ntdz
http://www.washingtonpost.com/wp-dyn/co...cle/2005/12/15/AR2005121500344_pf.html

A record plunge in the cost of gasoline pushed consumer prices down by the largest amount in 56 years in November while industrial production posted a solid gain.

Ouch...so much for doom and gloom about the economy :roll:

WTF do i deserve a cookie for? I can't even believe you rabbid liberals are trying to play this off like it's not good news!??! WTF is wrong with you idiots?

Damn are you DESPERATE! (pathetic also covers it nicely)

So now instead of $2.69+ for gas, it's $2.29 (of course it was $1.69 last year). Never mind heating costs are going through the roof as well as everything else (which you neglected to mention in your little CJ...gee what a surprise) while jobs are going out the window left and right and those that are keeping theirs are getting jack for increases compared to inflation.

But yeah, look at that economy go! I'm sure those people working three jobs to keep a roof over their head are sure glad to hear it! :roll:

(oh and here's another for your collection)

BTW, you spelled "rabid" wrong--try harder next time :laugh:

You still haven't explained how this isn't good news. Try harder next time

 

[WhipperSnapper]

Originally posted by: ntdz
http://www.washingtonpost.com/wp-dyn/co...cle/2005/12/15/AR2005121500344_pf.html

A record plunge in the cost of gasoline pushed consumer prices down by the largest amount in 56 years in November while industrial production posted a solid gain.

Ouch...so much for doom and gloom about the economy :roll:

That's wonderful news, but how does it help us with our global labor wage arbitrage problem and our immigration-driven population explosion? BTW, the price of the oil and gasoline will increase again, eventually. It's just a matter of time. There's only so much oil in the world. (And no, I'm not celebrating that fact, just pointing it out.)

 

[dullard]

In related news, producer prices followed the same trend as consumer prices. Overall PPI is down due to volitile energy prices (soared in October, only to come back in November). But core prices are up 0.1%.

 

[Thump553]

The prices paid by THIS consumer certainly aren't plunging, by any stretch. Gasoline jumped ten cents last Thursday alone (approximate 4-5% increase), heating oil up forty cents a gallon since my last fill in September and my health insurance is going up 18% the first of the year. Frankly, I can't think of a single substantial expense I have that is trending downwards (except for the slight fall in gas prices in November, which is now ancient history and pretty much wiped out by the current increases).

It's easy to lie with statistics. I haven't trusted a single economic statistic from the government since they admitted to reclassifying McDonald's jobs from service to manufacturing earlier this year-soley for the purpose of pumping up a desirable statistic (increase in the number of manufacturing jobs). The government's rationale is that McDonald's employees "assemble" their hamburgers.

 

[Sysbuilder05]

Originally posted by: ntdz

Originally posted by: BlancoNino
Yeah, that's something that gets me pissed off about liberals. They measure everything by what's NOT going right instead of what is...and being happy about good news in the economy actually helps the economy. There's a difference between realistic constructive criticism and being down-right pessimistic.

For the record, I think our economy has recovered nicely from the huge downfall right after September 11th.

The vast majority of economists will say our economy is doing great.

They edited the article, when I posted it it said .9%

Oh...its recovered beautifully,most high paying jobs are being shipped out in record numbers--of course Bush does NOTHING but let it happen. But your right,Walmart and the other McJobs are hiring right and left. Yup,step right up for your $5.15 per hour job. Getting by on less than $200.00 per week is easy,if you live if a cardboard box.

 

[Harkonen]

Originally posted by: Sysbuilder05

Originally posted by: ntdz

Originally posted by: BlancoNino
Yeah, that's something that gets me pissed off about liberals. They measure everything by what's NOT going right instead of what is...and being happy about good news in the economy actually helps the economy. There's a difference between realistic constructive criticism and being down-right pessimistic.

For the record, I think our economy has recovered nicely from the huge downfall right after September 11th.

The vast majority of economists will say our economy is doing great.

They edited the article, when I posted it it said .9%

Oh...its recovered beautifully,most high paying jobs are being shipped out in record numbers--of course Bush does NOTHING but let it happen. But your right,Walmart and the other McJobs are hiring right and left. Yup,step right up for your $5.15 per hour job. Getting by on less than $200.00 per week is easy,if you live if a cardboard box.

Wow. I never wander into the political forums of technically oriented web sites, and now I know why. This has to be some of the most poorly digested Michael Moore pablam I have ever been exposed to.

FYI... the growth in jobs throught the 3rd and 4th quarter has been surprisingly high in manufacturing and other sustainable sectors, not just retail. Facts can be so irritating when they fly in the face of dogma, no?

I agree with the critics in this thread. Man, I wish our economy could be more like those nations so admired by our liberal friends. If only we could have the unemployment and GDP numbers of France or Germany...then we'd be really prosperous!

 

[conjur]

Hmmm...

http://www.marketwatch.com/news/newsfin...=806&property=symb&value=&categories=&

WASHINGTON (MarketWatch) - U.S. prices of raw materials and other producers' inputs fell 0.7% in November, the Labor Department reported Tuesday. This is the largest monthly decline since April 2003. Excluding food and energy costs, the core PPI rose 0.1%. Economists were expecting the PPI to fall 0.3% and the core rate to rise 0.2%. Over the past year, the PPI has risen 4.4% and the core rate is up 1.7%. Further back in the production cycle, crude goods prices fell 1.2% in November but were still up 21% year-on-year. Intermediate goods prices decreased 1.2%, but were up 8.4% over the past 12 months.

Longer-term look at prices reveals what most people are feeling: a tight pinch on the wallet.

 

[Harkonen]

Originally posted by: conjur
Hmmm...

http://www.marketwatch.com/news/newsfin...=806&property=symb&value=&categories=&

WASHINGTON (MarketWatch) - U.S. prices of raw materials and other producers' inputs fell 0.7% in November, the Labor Department reported Tuesday. This is the largest monthly decline since April 2003. Excluding food and energy costs, the core PPI rose 0.1%. Economists were expecting the PPI to fall 0.3% and the core rate to rise 0.2%. Over the past year, the PPI has risen 4.4% and the core rate is up 1.7%. Further back in the production cycle, crude goods prices fell 1.2% in November but were still up 21% year-on-year. Intermediate goods prices decreased 1.2%, but were up 8.4% over the past 12 months.

Longer-term look at prices reveals what most people are feeling: a tight pinch on the wallet.

Riiight....that's why we can't find A8n32's and XBOX 360's anywhere, right? American's are struggling to pay for heat. Man, I hate going to the empty malls around my area too....everyone's really feeling the squeeze. :roll: Again....if only we had growth like our socialist neighbors in Europe!

 

[conjur]

Oh look, more baseless generalities from another apologist. Surprise! Surprise! Surprise!

 

[Harkonen]

Originally posted by: conjur
Oh look, more baseless generalities from another apologist. Surprise! Surprise! Surprise!

Your labeling me as an apologist is the only thing that is baseless here.

Please tell me which nation on earth you would prefer to mimic economically? I am very curious as to who is doing better right now. Please educate me.

EDIT: BLAST! I just responded to a thread from someone with a dating and relationship link in their signature! *makes mental note to avoid such a pointless gesture in the future*

 

[conjur]

China's in a pretty damn good growth spurt right now.

Our economic "recovery" is very lopsided toward the corporations and the very wealthy. There is no denying that. Our economy is frail nearly to the point of a major crash. We cannot keep the deficit spending, lowering of taxes, uncalled for wars, etc. and expect to run a robust economy.

 

[Harkonen]

Originally posted by: conjur
China's in a pretty damn good growth spurt right now.

Our economic "recovery" is very lopsided toward the corporations and the very wealthy. There is no denying that. Our economy is frail nearly to the point of a major crash. We cannot keep the deficit spending, lowering of taxes, uncalled for wars, etc. and expect to run a robust economy.

I can't believe it! You bit! I figured there was no way you'd actually fall into that trap.

So China is the better economic model. If only we could revert our infrastructure to its 1940's status, add about 800,000,000 people, and totally ignore all of the environmental, labor, and human rights restrictions that we adhere to here in the US, then we could have an economy more like China! Wonderful! It's a good thing they don't have any poverty or unemployment there like we do. What is the average household income in China anyway?

Please. At least put up a decent argument. I think I'll wander back over to the tech threads...this is depressing.

I don't mean to make this personal...I apologize if I am being overly harsh. It just galls me what is passed off for intellectualism in America today. Nothing personal intended.

 

[conjur]

Where did I say China was the better economic model? Damn, you're one rabid partisan hack.

 

[ntdz]

Originally posted by: Harkonen

Originally posted by: conjur
China's in a pretty damn good growth spurt right now.

Our economic "recovery" is very lopsided toward the corporations and the very wealthy. There is no denying that. Our economy is frail nearly to the point of a major crash. We cannot keep the deficit spending, lowering of taxes, uncalled for wars, etc. and expect to run a robust economy.

I can't believe it! You bit! I figured there was no way you'd actually fall into that trap.

So China is the better economic model. If only we could revert our infrastructure to its 1940's status, add about 800,000,000 people, and totally ignore all of the environmental, labor, and human rights restrictions that we adhere to here in the US, then we could have an economy more like China! Wonderful! It's a good thing they don't have any poverty or unemployment there like we do. What is the average household income in China anyway?

Please. At least put up a decent argument. I think I'll wander back over to the tech threads...this is depressing.

I don't mean to make this personal...I apologize if I am being overly harsh. It just galls me what is passed off for intellectualism in America today. Nothing personal intended.

LOL. Keep it up, you are trashing these liberals, and you're a newcomer!

 

[dullard]

Originally posted by: Harkonen
FYI... the growth in jobs throught the 3rd and 4th quarter has been surprisingly high in manufacturing and other sustainable sectors, not just retail. Facts can be so irritating when they fly in the face of dogma, no?

Now that McDonald's has been declared to be manufacturing, yes, there was good growth in manufacturing.

I agree with the critics in this thread. Man, I wish our economy could be more like those nations so admired by our liberal friends. If only we could have the unemployment and GDP numbers of France or Germany...then we'd be really prosperous!

Could you please compare the same unemployment numbers between us and these other countries? Note: don't use two different measurements, use the same measurement when comparing countries. Then come back with those numbers and we can continue the discussion.

The American economy is good. But it isn't great. We want it great. You are attempting to make us claim that we want a bad economy simply because we want change from "good". For some of us, good isn't enough. America can do better. Why not try?

 

[Harkonen]

Originally posted by: conjur
Where did I say China was the better economic model? Damn, you're one rabid partisan hack.

Wow. Now that was personal, and very intellectually dishonest.

Please go back a read the posts again. In summary, I asked "which nation would you prefer to mimic economically?". You responded with "China is in a prett **** good growth spurt right now". Hence, you are offering China as the only example for response to my query into a better economic model. If you did not mean this, you should not have offered China in your response.

Would you like to try again?

 

[conjur]

Originally posted by: ntdz

Originally posted by: Harkonen

Originally posted by: conjur
China's in a pretty damn good growth spurt right now.

Our economic "recovery" is very lopsided toward the corporations and the very wealthy. There is no denying that. Our economy is frail nearly to the point of a major crash. We cannot keep the deficit spending, lowering of taxes, uncalled for wars, etc. and expect to run a robust economy.

I can't believe it! You bit! I figured there was no way you'd actually fall into that trap.

So China is the better economic model. If only we could revert our infrastructure to its 1940's status, add about 800,000,000 people, and totally ignore all of the environmental, labor, and human rights restrictions that we adhere to here in the US, then we could have an economy more like China! Wonderful! It's a good thing they don't have any poverty or unemployment there like we do. What is the average household income in China anyway?

Please. At least put up a decent argument. I think I'll wander back over to the tech threads...this is depressing.

I don't mean to make this personal...I apologize if I am being overly harsh. It just galls me what is passed off for intellectualism in America today. Nothing personal intended.

LOL. Keep it up, you are trashing these liberals, and you're a newcomer!

AH HA HA HA HA HA HA HA!! The fluffers are uniting and high-fiving themselves over their ignorance.


Amazing.

 

[ntdz]

Originally posted by: dullard

Originally posted by: Harkonen
FYI... the growth in jobs throught the 3rd and 4th quarter has been surprisingly high in manufacturing and other sustainable sectors, not just retail. Facts can be so irritating when they fly in the face of dogma, no?

Now that McDonald's has been declared to be manufacturing, yes, there was good growth in manufacturing.

I agree with the critics in this thread. Man, I wish our economy could be more like those nations so admired by our liberal friends. If only we could have the unemployment and GDP numbers of France or Germany...then we'd be really prosperous!

Could you please compare the same unemployment numbers between us and these other countries? Note: don't use two different measurements, use the same measurement when comparing countries. Then come back with those numbers and we can continue the discussion.

The American economy is good. But it isn't great. We want it great. You are attempting to make us claim that we want a bad economy simply because we want change from "good". For some of us, good isn't enough. America can do better. Why not try?

You aren't suggesting any sort of changes...you all just deny when any good news comes out. Thats all the liberals do, deny that ANYTHING positive is actually happening. It's difficult, if not damn near impossible, to argue that consumer prices are down is a bad thing, and yet we still have several liberals in there doing just that.

 

[conjur]

Originally posted by: Harkonen

Originally posted by: conjur
Where did I say China was the better economic model? Damn, you're one rabid partisan hack.

Wow. Now that was personal, and very intellectually dishonest.

Thin-skinned, are we? I merely speak the truth. Not my fault you're a rabid, partisan hack.

Please go back a read the posts again. In summary, I asked "which nation would you prefer to mimic economically?". You responded with "China is in a prett **** good growth spurt right now". Hence, you are offering China as the only example for response to my query into a better economic model. If you did not mean this, you should not have offered China in your response.

Would you like to try again?

You always read more into an answer than is there? If I'd offered China as an economic model for which we should look to for answers, I'd have gone into detail stating the reasons why. But, alas, your sarcasm meter is beyond repair. There's not much I can do for you.

 

[conjur]

Originally posted by: ntdz
You aren't suggesting any sort of changes...you all just deny when any good news comes out. Thats all the liberals do, deny that ANYTHING positive is actually happening. It's difficult, if not damn near impossible, to argue that consumer prices are down is a bad thing, and yet we still have several liberals in there doing just that.

Would you care to point out where consumer prices are down? All economic indicators show prices rising.

 

[Harkonen]

Originally posted by: conjur

Originally posted by: ntdz

Originally posted by: Harkonen

Originally posted by: conjur
China's in a pretty damn good growth spurt right now.

Our economic "recovery" is very lopsided toward the corporations and the very wealthy. There is no denying that. Our economy is frail nearly to the point of a major crash. We cannot keep the deficit spending, lowering of taxes, uncalled for wars, etc. and expect to run a robust economy.

I can't believe it! You bit! I figured there was no way you'd actually fall into that trap.

So China is the better economic model. If only we could revert our infrastructure to its 1940's status, add about 800,000,000 people, and totally ignore all of the environmental, labor, and human rights restrictions that we adhere to here in the US, then we could have an economy more like China! Wonderful! It's a good thing they don't have any poverty or unemployment there like we do. What is the average household income in China anyway?

Please. At least put up a decent argument. I think I'll wander back over to the tech threads...this is depressing.

I don't mean to make this personal...I apologize if I am being overly harsh. It just galls me what is passed off for intellectualism in America today. Nothing personal intended.

LOL. Keep it up, you are trashing these liberals, and you're a newcomer!

AH HA HA HA HA HA HA HA!! The fluffers are uniting and high-fiving themselves over their ignorance.


Amazing.

Are you taken credibly here despite these unfounded personal attacks? I understand your post count is high, but I am sorry if I do not find that, or your acerbic personal labels intimidating. I am still awaiting your response to your obfuscation on the China post.

 

[dullard]

Originally posted by: ntdz
You aren't suggesting any sort of changes...you all just deny when any good news comes out. Thats all the liberals do, deny that ANYTHING positive is actually happening. It's difficult, if not damn near impossible, to argue that consumer prices are down is a bad thing, and yet we still have several liberals in there doing just that.

When have you listened to any liberal plans? All you do is to deny there are plans. I noticed this type of attack increased severely right around the last presidential election. The attack that Kerry had no plans, yet he had a website with hundreds of pages of plans. The response? Kerry has no plans. Denile. You personally might not have been saying that, but others like you have. We can't have a discussion with people who won't listen to both sides.

It is a good thing that prices are back down to September levels. But the fact that they soared sky high in October and back down to September levels in November isn't anything to brag about. Let me make up some numbers (lets just call them the average number of zits on my face):

July: 9
August: 9
September: 10
October: 15
November: 10.

Some people shout, "Look the numbers are falling, things are all great, liberals are stupid." I personally look at the numbers and say, yes they fell which is a good thing, but things aren't great. It was just a simple return to normal. Nothing to brag about.

Why are you so excited about a return to normal? Yes, I'd rather have 10 pimples than 15 pimples. But I wouldn't be truely excited until that number fell to 8 zits or below.

 

[Harkonen]

Originally posted by: conjur

Originally posted by: Harkonen

Originally posted by: conjur
Where did I say China was the better economic model? Damn, you're one rabid partisan hack.

Wow. Now that was personal, and very intellectually dishonest.

Thin-skinned, are we? I merely speak the truth. Not my fault you're a rabid, partisan hack.

Please go back a read the posts again. In summary, I asked "which nation would you prefer to mimic economically?". You responded with "China is in a prett **** good growth spurt right now". Hence, you are offering China as the only example for response to my query into a better economic model. If you did not mean this, you should not have offered China in your response.

Would you like to try again?

You always read more into an answer than is there? If I'd offered China as an economic model for which we should look to for answers, I'd have gone into detail stating the reasons why. But, alas, your sarcasm meter is beyond repair. There's not much I can do for you.

OK...then which model are you offering. BTW, please refute my logic with logic, not the very fluff you decry. What did I 'read into' your response that was not there? Did I miss the economic model you offered? If so, I apologize.

 

[FuzzyBee]

Originally posted by: conjur
You always read more into an answer than is there? If I'd offered China as an economic model for which we should look to for answers, I'd have gone into detail stating the reasons why. But, alas, your sarcasm meter is beyond repair. There's not much I can do for you.

Classic conjur - if your answer is stupid and you're called on it, it's "sarcasm". You are funny!