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So i see the economy is doing good.

Let me be the first to say that the stock market isn't necessarily an indicator of how well/poor the economy is doing.

I now turn it over to someone who will call you a liar or brainwashed or something.
 
Originally posted by: alchemize
Let me be the first to say that the stock market isn't necessarily an indicator of how well/poor the economy is doing.

I now turn it over to someone who will call you a liar or brainwashed or something.
Click to expand...

Hehehehe ,May have lost the Election but have trained them well :thumbsup: :laugh:
 
Originally posted by: alchemize
Let me be the first to say that the stock market isn't necessarily an indicator of how well/poor the economy is doing.

I now turn it over to someone who will call you a liar or brainwashed or something.
Click to expand...

and the economy grew at a pace of almost 4% this last quarter, this information was just released. please tell me this is not an idication of how the economy is doing.
 
Originally posted by: nick1985
how come no threads about the increasingly good economy?
Click to expand...

Because you have to really have an "increasingly good economy" to make posts about.

Fake and made up numbers doesn't cut it.

 
reading in this forum, one would think everyone is unemployed, unable to get a job, starving, and freezing in the cold.
i just look around and the localized economy is doing well. while some businesses are cutting back, the outlook is fairly positive down here.

how come every xbox and ps2 around the nation has been bought up, i guess a lot of people at least have tv and electricity, so while they starve and lack employment, at least they'll be able to play ncaa 2005

 
Originally posted by: nick1985
how come no threads about the increasingly good economy?
Click to expand...

Daft one, the DOW != the economy.

Nice try though and even nicer try at trying to paint the economy as increasingly good. Tell it to someone who might actually believe you. There are 50 states in the Union and not all are doing well or even close to it. :roll:
 
Originally posted by: dmcowen674
Originally posted by: nick1985
how come no threads about the increasingly good economy?
Click to expand...

Because you have to really have an "increasingly good economy" to make posts about.

Fake and made up numbers doesn't cut it.
Click to expand...

text

yeah, they sure are fake. :roll:

oh, and... "At 5.4%, the unemployment rate is well below the average of the 1970s, 1980s, and 1990s"


some more ownage for 'ya
 
Originally posted by: umbrella39
Originally posted by: nick1985
how come no threads about the increasingly good economy?
Click to expand...

Daft one, the DOW != the economy.

Nice try though and even nicer try at trying to paint the economy as increasingly good. Tell it to someone who might actually believe you. :roll:
Click to expand...

maybe you missed the post where i said the economy grew 4% last quarter
 
Originally posted by: nick1985
how come no threads about the increasingly good economy?


Text


Text
Click to expand...

because it wouldn't go along with wmcowen674's portrayal of the economy (that it's in HORRIBLE shape), when in fact the economy is roaring along at over 4% growth and the stock market is up, unemployment is down and jobs are being created. But hey, the economy is bad right...? Keep making all your stupid threads about the bad economy, I'll actually take a look around and realize that the economy is great right now.
 
Originally posted by: ntdz
Originally posted by: nick1985
how come no threads about the increasingly good economy?


Text


Text
Click to expand...

because it wouldn't go along with wmcowen674's portrayal of the economy (that it's in HORRIBLE shape), when in fact the economy is roaring along at over 4% growth and the stock market is up, unemployment is down and jobs are being created. But hey, the economy is bad right...? Keep making all your stupid threads about the bad economy, I'll actually take a look around and realize that the economy is great right now.
Click to expand...

im waiting for dmcowens rebuttle...he asked for facts(or claimed i was making them up), and i gave them to him.
 
No one factor can say how economy is doing. Mexico's market is doing well and they only have 3.4% unemployment drawfing ours but I don't call that a strong economy for some reason do you?
 
Originally posted by: theblackbox
reading in this forum, one would think everyone is unemployed, unable to get a job, starving, and freezing in the cold.
i just look around and the localized economy is doing well. while some businesses are cutting back, the outlook is fairly positive down here.

how come every xbox and ps2 around the nation has been bought up, i guess a lot of people at least have tv and electricity, so while they starve and lack employment, at least they'll be able to play ncaa 2005
Click to expand...

It's called moving out of your parents house.
 
Originally posted by: Zebo
No one factor can say how economy is doing. Mexico's market is doing well and they only have 3.4% unemployment drawfing ours but I don't that a strong economy for some reason do you?
Click to expand...

You can look at all the factors. GDP/Capita, quarterly growth, unemployment rate, corporate profits, inflation (or lack there of), stock market (indication of the future in general), etc...and all they point towards a strong economy.
 
There they go again with the "Roaring" claim. Can't count how many times they have said that and then, ooops we goofed with the numbers. It's beyond old but hey worked for the Election so why not keep plugging.
 
Originally posted by: dmcowen674
There they go again with the "Roaring" claim. Can't count how many times they have said that and then, ooops we goofed with the numbers. It's beyond old but hey worked for the Election so why not keep plugging.
Click to expand...

Look at the facts...they speak for themselves. You are the one saying the FACTS are wrong...I'd like to hear you admit the economy really isn't that bad at all, but you won't because you can't. It goes against your entire being to admit something in this country might be going good. Bush is President, therefore everything is going wrong, right? Right.
 
Originally posted by: ntdz
Originally posted by: dmcowen674
There they go again with the "Roaring" claim. Can't count how many times they have said that and then, ooops we goofed with the numbers. It's beyond old but hey worked for the Election so why not keep plugging.
Click to expand...

Look at the facts...they speak for themselves. You are the one saying the FACTS are wrong...I'd like to hear you admit the economy really isn't that bad at all, but you won't because you can't. It goes against your entire being to admit something in this country might be going good. Bush is President, therefore everything is going wrong, right? Right.
Click to expand...

What facts have you presented to look at?

GDP/Capita? Suadi arabia has very high while most live is sqauler. Ours is a poor indicator too when most wealth is concentrated in top 1%.

unemployment rate? poor too, if everyones working but at $3 an hour that's pretty crappy. becoming re-employed at much lower paying jobs is crap.

corporate profits? That's nice for all the joe-packs, not, you need income to buy stock and $3 an hour anit getting you on wall street.

stock market? see above

Overall this country is doing??? How about median income? Home ownership per capita? If those are up I'll agree with ya.
 
Originally posted by: Zebo
Originally posted by: ntdz
Originally posted by: dmcowen674
There they go again with the "Roaring" claim. Can't count how many times they have said that and then, ooops we goofed with the numbers. It's beyond old but hey worked for the Election so why not keep plugging.
Click to expand...

Look at the facts...they speak for themselves. You are the one saying the FACTS are wrong...I'd like to hear you admit the economy really isn't that bad at all, but you won't because you can't. It goes against your entire being to admit something in this country might be going good. Bush is President, therefore everything is going wrong, right? Right.
Click to expand...

What facts have you presented to look at?

GDP/Capita? Suadi arabia has very high while most live is sqauler. Ours is a poor indicator too when most wealth is concentrated in top 1%.

unemployment rate? poor too, if everyones working but at $3 an hour that's pretty crappy. becoming re-employed at much lower paying jobs is crap.

corporate profits? That's nice for all the joe-packs, not, you need income to buy stock and $3 an hour anit getting you on wall street.

stock market? see above

Overall this country is doing??? How about median income? Home ownership per capita? If those are up I'll agree with ya.
Click to expand...

Home ownership is at an all time high. Median Income? I'm not sure about Median Income, I can tell you that median income for a 4 person family is $62,732. Not that bad, thats an average of ~$20/hour for 2 people.

Edit: Saudi Arabia has a high GDP/Capita? http://www.worldfactsandfigure...m/gdp_country_desc.php

The United States is #2 with $37,800 behind Luxembourg, a TINY country. That's $10,000 more than Germany and France!. Saudi Arabia is #69 with $11,800. USA has more than 3 times the GDP/Capita as Saudi Arabia...no wonder they "live in squaler".

Oh, and I thought you'd like to know minimum wage isn't $3, its $5.50 nationally or something and $6.75 here in California.
 
Originally posted by: ntdz
Originally posted by: Zebo
Originally posted by: ntdz
Originally posted by: dmcowen674
There they go again with the "Roaring" claim. Can't count how many times they have said that and then, ooops we goofed with the numbers. It's beyond old but hey worked for the Election so why not keep plugging.
Click to expand...

Look at the facts...they speak for themselves. You are the one saying the FACTS are wrong...I'd like to hear you admit the economy really isn't that bad at all, but you won't because you can't. It goes against your entire being to admit something in this country might be going good. Bush is President, therefore everything is going wrong, right? Right.
Click to expand...

What facts have you presented to look at?

GDP/Capita? Suadi arabia has very high while most live is sqauler. Ours is a poor indicator too when most wealth is concentrated in top 1%.

unemployment rate? poor too, if everyones working but at $3 an hour that's pretty crappy. becoming re-employed at much lower paying jobs is crap.

corporate profits? That's nice for all the joe-packs, not, you need income to buy stock and $3 an hour anit getting you on wall street.

stock market? see above

Overall this country is doing??? How about median income? Home ownership per capita? If those are up I'll agree with ya.
Click to expand...

Home ownership is at an all time high. Median Income? I'm not sure about Median Income, I can tell you that median income for a 4 person family is $62,732. Not that bad, thats an average of ~$20/hour for 2 people.

Edit: Saudi Arabia has a high GDP/Capita? http://www.worldfactsandfigure...m/gdp_country_desc.php

The United States is #2 with $37,800 behind Luxembourg, a TINY country. That's $10,000 more than Germany and France!. Saudi Arabia is #69 with $11,800. USA has more than 3 times the GDP/Capita as Saudi Arabia...no wonder they "live in squaler".

Oh, and I thought you'd like to know minimum wage isn't $3, its $5.50 nationally or something and $6.75 here in California.
Click to expand...

I'm not on the sky is falling bandwagon just sayin one stat is stupid to look at in isolation. we also forgot PPI, CPI,foctory orders, durable goods, etc etc etc. Taken as a whole what I hear by these econmists on TV they are more bearish than anything.
 
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