10,000 DOW? Not really. Adjusted for inflation, actually 7,537

Discussion in 'Current Events' started by RadiomanATL, Oct 16, 2009.

  1. RadiomanATL
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    RadiomanATL Senior Member

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  2. brewerboy
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    brewerboy Active Member

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    I'd be interested to hear this also.

    Good thread Radio
     
  3. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    How far back is he going for the inflation adjustment?

    Just curious I know we were over 10k last year and I hope there hasn't been 25% inflation since then, if there has been i didn't notice :eek:
     
  4. RadiomanATL
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    RadiomanATL Senior Member

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    He's adjusting it compared to 10 years ago when the DOW first crossed 10K. 25% inflation over the past ten years.

    So do we really need to wait until the 13k mark before getting excited?
     
  5. uptownlivin90
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    uptownlivin90 Rebelious Youngin

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    I still fail to see what I'm supposed to be excited for? I don't believe in welfare... corporate or public... so I fail to see how throwing money at wallstreet and them "creeping back up" to same place they were last year should make me feel any better.
     
  6. RadiomanATL
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    RadiomanATL Senior Member

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    We weren't talking about corporate welfare.

    We're talking about if 10,000 is really worth the impact that everyone thinks it is.
     
  7. uptownlivin90
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    uptownlivin90 Rebelious Youngin

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    I'm asking in essence how much should it matter for regular working tax payers?
     
  8. Elutherian
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    Elutherian BadMother****er

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    Yep... and there goes the excitement of all the stupid ass Liberals celebrating rich people getting more money.
     
  9. RadiomanATL
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    RadiomanATL Senior Member

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    A lot.

    Boiled down to its essence, a higher DOW means more, better paying jobs for the most part.
     
  10. truthsaga
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    truthsaga Economic and BlowBack Ace

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