More Bad News George

[NUKE]

Originally posted by Dinger
I use two factors to judge how well the economy is doing:

1) The price of wine at the shop on the corner.  Ever since the boom of the clinton years, it's been pretty steep.  And it's stayed there.

2) The line of people that forms at 5 pm at the homeless shelter on the other corner.  Ever since W. took office, it's been getting longer.

As Warren Buffett stated in his newsletter: "If class warfare is being waged in America, my class is clearly winning."

Can you tell us what specific corner and the city this is? I am just curious, because this sounds like bs to me.

[Eagler]

[Dinger]

Okay, two blocks, I confess.

John's Grocery (recently named in some magazine or other one of the "70 best places to buy beer in the world"), corner of 100 block of N. Gilbert street

Homeless shelter, corner of 300 block of N. Gilbert street
Iowa City, IA

and, no I don't think it's one person.  It's more of an administration; and there's plenty that's not in their control.  That doesn't exonerate them though.

if you want, I'll get photographs

[Frogm4n]

Originally posted by Eagler
"As alarming as these statistics are," chimed in Senate Majority Leader Tom Daschle, "they don't even count the 392,000 workers who have dropped out of the labor force because they have lost all hope of ever finding a job."

LOL

what, did they receive 392,000 letters:

"I give up"

signed

Hopeless

what a crock

Do you understand how they come up with unemployment numbers eagler? I am guessing you dont so here is a little lesson.
When comming up with the national percentage for unemployment they just count the number of people that are currently recieving unemployment checks.

So when he says that dosnt even count the people that stoped recieveing unemployment he is correct. Most economist suggest that the real number of unemployment is getting close to 1930's numbers.

[GRUNHERZ]

So when he says that dosnt even count the people that stoped recieveing unemployment he is correct. Most economist suggest that the real number of unemployment is getting close to 1930's numbers.

LOL

You are saying unemplyment is at great depression levels?  Is this % or actual number of people....

You are demented....

[Frogm4n]

percentage, it was only 10 percent.

[Rolex]

There are not many new jobs being created. There is a lot of recycling of jobs for those within the work force. Those new to the workforce (young...) are finding it very difficult to find jobs that will sustain them independently.

The problem will come when these same young people will have to finance the corporate tax cuts that are not creating the intended investment into expansion and more jobs.

[GRUNHERZ]

Originally posted by Frogm4n
percentage, it was only 10 percent.

BS, BS!!! BS alert, BS alert!! This is not a drill!

http://www2.sjsu.edu/faculty/watkins/recovery.htm

[capt. apathy]

I do wonder how kerry aims to increase jobs? What is his plan?

a good start would be to face the problem.

 it would be a refreshing change from the curent system of watching our jobs go overseas, then instead of doing anything about it just try to explain to us how it's a good thing.

[john9001]

we need to raise corporate taxes, i understand the owner of Heinz Foods is worth hundereds of millions. pay up rich lady

also , Heinz Foods has 27 overseas plants,it has to be one of them "benidect arnold" companys that send american jobs overseas that kerry is warning us about.

[Frogm4n]

boy john you really hate the wives of democrats. Hillary and now ms hienz, who has not even said much or done much yet.

And grun if you look at 1930, right after the market crash the number is 10 percent.

[NUKE]

Originally posted by Dinger
Okay, two blocks, I confess.

John's Grocery (recently named in some magazine or other one of the "70 best places to buy beer in the world"), corner of 100 block of N. Gilbert street

Homeless shelter, corner of 300 block of N. Gilbert street
Iowa City, IA

and, no I don't think it's one person.  It's more of an administration; and there's plenty that's not in their control.  That doesn't exonerate them though.

if you want, I'll get photographs

yes, please post some photos of the line in front of the homeless shelter, would be interesting.

[Holden McGroin]

Originally posted by Frogm4n
And grun if you look at 1930, right after the market crash the number is 10 percent.

The unemployment rate didn't rize to above 20% until 1932.

This shows how looking at a snapshot of statistics actually means nothing.  The iceberg killed no one on the Titanic, it wasn't until several hours later when she finally went down that 1500 people died.

Saying that the present rate, which hovers at about 5%, is nearing depression levels is still a lie.  The rate is half of what it was during Carter. Anybody remember the misery index?

[Toad]

Originally posted by capt. apathy
a good start would be to face the problem.

 

 
Yes indeed!

A REALLY good start would be for the folks who blame the current President or Administration to help me understand just why that is so.

Just a guess, but I'm sorta thinking it started quite a while prior to Jan 20, 2001.

Further, I'm guessing it goes far beyond who sits behind the desk in the Oval Office.

The search for perps may well have to extend to Congress and corporate boardrooms.

But, please to enlighten me how it's all Bush's fault. I'll surely read it and think about it.

Oh, yeah... please tell me how Kerry...... or ANYONE....... is going to fix it now that the dung has hit the blades of the high velocity air movement device.

Thanks.

[Eagler]

frogboy, so now you are sayin the 10% unemployment caused the great depression? LOL
I think the problem happened after the market crashed and the number rose to almost 40%...

unemployment figures are an educated guess at best .. its all a shell game

there are jobs out there for ppl who want to work, problem is the dems demotivate their voting base from wanting to work and towards sittin on their arse collecting gov freebies - nothin like watching a dem pay for her groceries with food stamps in the middle of the day and drive away in her mercedes ... only in America