Bob LeChevalier wrote:

The Ghost In The Machine <ewill@sirius.tg00suus7038.net> wrote:

http://thinkprogress.org/2006/01/27/bush-spoke-too-soon-on-economy/

Regardless of amount it's still an expansion -- an
improvement over a recession or Depression. I have to
agree that this isn't exactly a "full head of steam",
though, and the deficit is paying for part of this expansion,

No - the deficit is greater than the amount of the expansion,
amounting to some 3-4% of GNP. The "expansion" is an illusion caused
by us living beyond our means - we are really in a recession if one
removes the wealth that we borrowed from our kids.

And people know this, because their paychecks aren't keeping up with
the cost of living.

lojbab

I don't often reply to political threads, but this one has me
wondering. When people (and polititians) talk about jobs in the United
States, they seem to me to be missing the obvious. Let's imagine that a
small textiles firm in South Carolina is outsourced by its parent
company to South Asia, laying off 500 workers at $17.50 an hour. Let's
also imagine that Wal-Mart opens it's new store in that same town,
hiring all 500 of the redundant workers-at $6.50 an hour. I think
that's why consumer confidence is down, even though the economy
continues to expand. I'm a little tired of hearing "officials"
wondering why the populace is so downhearted as they continue to stuff
their wallets. Perhaps the middle class really *is* disappearing here?

Bob LeChevalier wrote:

The Ghost In The Machine <ewill@sirius.tg00suus7038.net> wrote:

http://thinkprogress.org/2006/01/27/bush-spoke-too-soon-on-economy/

Regardless of amount it's still an expansion -- an
improvement over a recession or Depression. I have to
agree that this isn't exactly a "full head of steam",
though, and the deficit is paying for part of this expansion,

No - the deficit is greater than the amount of the expansion,
amounting to some 3-4% of GNP. The "expansion" is an illusion caused
by us living beyond our means - we are really in a recession if one
removes the wealth that we borrowed from our kids.

And people know this, because their paychecks aren't keeping up with
the cost of living.

lojbab

I don't often reply to political threads, but this one has me
wondering. When people (and polititians) talk about jobs in the United
States, they seem to me to be missing the obvious. Let's imagine that a
small textiles firm in South Carolina is outsourced by its parent
company to South Asia, laying off 500 workers at $17.50 an hour. Let's
also imagine that Wal-Mart opens it's new store in that same town,
hiring all 500 of the redundant workers-at $6.50 an hour. I think
that's why consumer confidence is down, even though the economy
continues to expand. I'm a little tired of hearing "officials"
wondering why the populace is so downhearted as they continue to stuff
their wallets. Perhaps the middle class really *is* disappearing here?

-Panama Floyd, Atl.
aa#2015, Member Knights of BAAWA!
"..the prayer cloth of one aeon is the doormat of the next."
-Mark Twain

Religious societies are *less* moral than secular ones:
http://moses.creighton.edu/JRS/2005/2005-11.html

Bob LeChevalier wrote:

The Ghost In The Machine <ewill@sirius.tg00suus7038.net> wrote:

http://thinkprogress.org/2006/01/27/bush-spoke-too-soon-on-economy/

Regardless of amount it's still an expansion -- an
improvement over a recession or Depression. I have to
agree that this isn't exactly a "full head of steam",
though, and the deficit is paying for part of this expansion,

No - the deficit is greater than the amount of the expansion,
amounting to some 3-4% of GNP. The "expansion" is an illusion caused
by us living beyond our means - we are really in a recession if one
removes the wealth that we borrowed from our kids.

And people know this, because their paychecks aren't keeping up with
the cost of living.

lojbab

I don't often reply to political threads, but this one has me
wondering. When people (and polititians) talk about jobs in the United
States, they seem to me to be missing the obvious. Let's imagine that a
small textiles firm in South Carolina is outsourced by its parent
company to South Asia, laying off 500 workers at $17.50 an hour. Let's
also imagine that Wal-Mart opens it's new store in that same town,
hiring all 500 of the redundant workers-at $6.50 an hour. I think
that's why consumer confidence is down, even though the economy
continues to expand. I'm a little tired of hearing "officials"
wondering why the populace is so downhearted as they continue to stuff
their wallets. Perhaps the middle class really *is* disappearing here?

-Panama Floyd, Atl.
aa#2015, Member Knights of BAAWA!
"..the prayer cloth of one aeon is the doormat of the next."
-Mark Twain

Religious societies are *less* moral than secular ones:
http://moses.creighton.edu/JRS/2005/2005-11.html

On Tue, 31 Jan 2006 07:40:27 -0800, "Yang, AthD (h.c), Kicking AWOL's Cocaine
Snorting *****" <eacmole@/*AWOLBUSH*/mail.com> wrote:

On Tue, 31 Jan 2006 05:22:24 -0600, duke <duckgumbo32@cox.net> wrote:

On Sat, 28 Jan 2006 08:46:22 -0800, "Yang, AthD (h.c), Kicking AWOL's Cocaine
Snorting *****" <eacmole@/*AWOLBUSH*/mail.com> wrote:

Facts *****!

LIE:
"The American economy heads into 2006 with a full head of steam."
-Bush 1/6/2006

FACT:
"The U.S. economy limped into 2006, growing at slower-than-expected
1.1 percent pace in the fourth quarter as consumers spent at the
slowest pace since 2001 and corporations limited equipment purchases."
-Bloomberg

Then again, little pecker m16, if you knew anything about Econ, you'd know that
unemployment is down and the Dow is up.

LOL! Here are the facts, little self-loathing gay Earl Weber:

Dow 10,870 10:31AM EST

Dow 10,945 1/3/2001

Psst. Clinton was still the president on 1/3/2001

Yes he was, as he smiled about the thought of the upcoming 911.