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Discussion in 'Political Discussion' started by Ilikehappyppl, Mar 6, 2013.

  1. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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  2. Hamar

    Hamar In the Starting Line-Up

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  3. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

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    #87 Jersey

    Dow is up but it seems the jobs are elsewhere.
     
  4. Hamar

    Hamar In the Starting Line-Up

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    Does that mean Obama is responsible for the Dow being up and Bush is still responsible for the unemployment?
     
  5. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    D.C., D.C.
    It's a helluva town!
    The Dow is up, unemployment ain't down
    At least not enough, but the debt makes me frown
    D.C., D.C., it's a helluva town!
     
  6. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    No.

    It means that the Owners are pulling away with the nation's wealth and the Workers who got it for them are left out in the rain.

    That's all it has ever been about.

    :americaflag::cheer2:
     
  7. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Can you say........BUBBLE! :bathbaby:
     
  8. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Things were pretty good during the Reagan years, now I have to run and hide.
     
  9. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    I love how the moment we get back to the highest pre-Great-Recession level, it must be a bubble.

    Here's an alternate scenario: all economic growth has not ceased forever and ever. (combined with "productivity gains," or, "same work, fewer hours for less pay." Good for profits, not so good for employment stats, happens on the way out of every recession as companies that have gotten leaner begin to have a reason to rehire in an incredibly loose labor market.)

    Result - higher corporate profits, more muted hiring gains, everyday people struggle, the wealthy benefit the most. That part's par for the course for the last 30 years. Not good, but better than more everyday people in fear/misery and the rest of it collapsing too.

    PFnV
     
  10. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    I assume you have a bank account. What are you earning for interest? Maybe .01%? When was the last time you earned .01% on your savings....in your life?
    Where do you think anyone who has any money is being forced to put their money?
    What do you think is going to happen once the Fed stops artificially depressing interest rates and interest rates start to rise?
     
  11. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

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    #87 Jersey

    Like I said the other day ... I have yet to read in this forum of any concern over all the income lost by senior citizens due to depressed interest rates. Many of them used this money for extras .... fun money ... simply not there anymore. The left is concerned with the current talking points and that is not one they care to discuss.
     
    Last edited: Mar 6, 2013
  12. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Progressives hate "saving"....it is anathema to their Keynesian economic doctrine.

    The reality is that all these "fixes" come with a price tag whether it be hurting savers, future inflation, currency devaluation, or future debt payments.
     
  13. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    All I want to say is that REAL MEN do NOT show their fuggin "Mood level" beside their screename.

    WT heck is this place coming to man? :cool:
     
  14. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    No, "real men" have avatars of Mel Gibson. Not. :D
     
  15. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    Oh HELL no!:eek:
     
  16. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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  17. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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    You know what REAL MEN do? Admit when they're wrong....Your gonna have to nut up here in awhile if things keep going good PR, I will accept a PM or you can really man up and say here on forums that you were wrong about things...

    Were on the upswing!;) Its a good time to invest,buy stock, buy land. Get in while its cheap, sell when its high and wait out the next bubble.
     
  18. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Yeah, there's NOWHERE to put money except stocks.

    Money markets make 0%. Bonds are going to be a problem when interest rates go up. CDs make a tiny bit more than 0% and are locked in for a year or more.

    This is a great stock market for those who get out in time. But who knows what will happen if interest rates ever move from 0%.
     
  19. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

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    #87 Jersey

    That's nice but jobless claims over the last few years are to unreliable IMO due to the number of people leaving the work force. I like the jobs report better right now ... when that gathers steam then we'll know we're on our way. Even all these Dow reports don't do the jobs market much justice.

    Great article below:

    Dow Jones high should not be mistaken for growth in the US economy | Heidi Moore | Comment is free | guardian.co.uk

     
    Last edited: Mar 7, 2013
  20. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Much more significant is the pathetic (and falling) Labor Force Participation Rate. How many adults are actually working ?

    Jobenomics Unemployment Report: February 2013 Labor Force Participation Rate

    Unfortunately it's not a good trend after 12+ years of almost continuous dropping.
     

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