What the press usually means by "the economy" is company profits. If you want a measure of "how people are doing" -- look at real wages.
Originally posted by: conjur
The unemployment rate is becoming obsolete. The Labor Force Participation Rate is more telling and it's not looking all that rosy.Originally posted by: tss4
No, 5.6% ain't bad at all. You might have won this round, but there's always tomorrow on P&N!!!
The factory orders increase looks rosier as the April numbers were revised downward. This has been a trend for the last several months. Revise the previous month's numbers down or up in order to either lessen the shock of a decrease or falsely bolster the new month's increase. That's been happening on several economic indicators for several months now. It's become quite predictable.
The only thing strong in this economy right now is executive pay and corporate profits. Individual income for the great majority of workers is not keeping pace. Hell, it's not even keeping pace with inflation. And with gas/heating costs taking up a higher % of the lower-income worker, it's hitting more people harder.
What is even more predictable is you and your running mate ignore any good numbers(which are plentiful) and cast them as being frauds, while any bad numbers are accepted as the truth. It is really quite sad.
Those wacky liberals. Much better to stick your head back up your arse and pretend it all smells good I reckon.
Of course not, Republicans have a monopoly on the American lifestyle. Liberal is a 4 letter word apparently.
Your mind is like an open sewer, it's not to difficult to determine what the stench that it emits is.
He's not. He's basing it on what you have said in other posts. You've made it quite clear that you are opposed to pretty much all liberal idealogies. At worst, what he made was an educated guess based on your prior statements.
Ok, so you gave example of something you agree with liberals about, but was he wrong in his accertion? If so, just say so. No need for silly questions that don't address the accuastion like "You don't think liberals support the American lifestyle? " when you very well know that wasn't what he was getting at.
Only on the coasts.
You know the places with environmental problems, crime problems, rampant pedophilia, political correctness issues, education problems, and massive drug problems...
Liberals need to clean their own locals before they even bother to preach the benefits of liberal lifestyles to the rest of the nation.
And of course, none of this happens in those "bible thumping blood red" states? Got it :roll:
And righties need to pull their heads out of the sand (or their collective @$$e$) before forcing their beliefs off on everyone else.
:roll:
<sigh> do you really think cities in the red states suffer from these problems any less? Such, obviously worng statements really undermine your credibility. You're just making ridiculous comments and its really sad. Sometimes you make good points but when you post comments like this it detracts from the credibility of anything else you post.
Actually, the red states get more federal money for welfare programs than the the blue states. Not only that, the blue states tend to have more people. It's the reason they become blue. Metropolitan areas benefit more from liberal policies.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
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As has been said before....the market is FLAT and has been in a range for quite some time.
As evidence that it's 200 points lower today than it was the last time someone posted erational exurberance.
As evidence that it's 200 points lower today than it was the last time someone posted erational exurberance.
And going another 100pts lower today:
DJIA 10,272.10 -99.70
Nasdaq 2,069.49 -9.26
S&P 500 1,195.19 -9.80
Russell 2000 648.00 -5.23
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