Is the economy getting better?

[JakeStarkey]

It's not great and we all know it, Grampa. But it is getting better. The only reason the housing market is coming back has been the Fed buying up $8 billion of toxic paper per month. However, if nothing had been done by the government in 2008 and 2009 the world would be still in the depths of a great depression, and the rest of us would be watching new Hitlers and Stalins arising in the various countries.

 

[boedicca]

It's not great and we all know it, Grampa. But it is getting better. The only reason the housing market is coming back has been the Fed buying up $8 billion of toxic paper per month. However, if nothing had been done by the government in 2008 and 2009 the world would be still in the depths of a great depression, and the rest of us would be watching new Hitlers and Stalins arising in the various countries.

ZIRP is keeping mortgage rates artificially low. If they were in a more proper range of 5% - 7%, housing prices would be much lower.

 

[Katzndogz]

Statistics can be manipulated to prove almost anything. The economy is not getting better, everyone knows it. This is a large country. The size enables the government to tell people the economy is getting better, just not for you, not where you are. Everyone else is doing better. It's the fault of the 1% who is stealing your money. Get them!

 

[bigrebnc1775]

The facts are solid. The population has grown 13mm, and your facts reveal all the jobs lost have been replaced plus 1mm added.

It is what its, bigreb. The facts are the facts.

I did not realize you support critical thinking, but good for you.

Wiki is not facts but do try and refrain from snapping your neck when obama makes a quick change of direction.

 

[JakeStarkey]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

 

[Remodeling Maidiac]

I don't think the economy is doing much of anytbing but treading water. The only sectors that seem to be doing well are those directly impacted by the feds infussion of cash. Everyone else seems to be just limping along.

The thing I don't get is why now the left points at the fat cats and wealthy as the sign that we're on the right path when just a few years ago they couldn't wait to camp outside their doors and throw rocks and bottles.

I don't begrudge wallstreet for making money I just wish the left would stop pointing at them as the bell weathers of our economy. Its just stupid

 

[The Rabbi]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

You're a legend in your own mind, Jake.
The simple fact is fewer people are working in this country than 5 years ago, ergo there are fewer jobs.

 

[boedicca]

I read a snark at GS Elevator which pretty much sums it up:

Using the DJIA, of which 30% is 5 stocks, to gauge the economy is like putting the back of your hand on your forehead for a health exam

https://twitter.com/GSElevator/status/312587472259387392


and the reply is classic:

even worse is 9 make up 52% & 2 of those MCD & XOM do well no matter what, because fat, poor people will always drive to McD's

 

[bigrebnc1775]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

You're a legend in your own mind, Jake.
The simple fact is fewer people are working in this country than 5 years ago, ergo there are fewer jobs.

I don't understand how he can claim to be a republican and defend everything democrat. I used stats from BLS and Forbes and his supporting evidence that he is right was WIKI
If he is a republican why doesn't he just go to the party he shows so much support for?

 

[bigrebnc1775]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

wiki is not a valid source.

 

[JakeStarkey]

I did not questions your facts, bigreb, only your conclusion. By your facts and the population increase to 313mm, we have 1mm more jobs now than six years ago. Your condemnation of wiki means nothing.

That is not Republican (which you are not by your own statement condemnation of dem and pub I published yesterday) and that is not Democratic. That is truthful.

Now if you want to argue that the economy should be growing faster or that it is still too weak, I support you 100%.

 

[boedicca]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

 

[JakeStarkey]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

All sides play with it, for a fact.

 

[bigrebnc1775]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

What I meant was wiki is not a valid source when the BLS stats are used. But Jake knew that

 

[longknife]

For you Libtrards trying to cover for King Barry and Harry Reid, I suppose the answer is "yes".

For the other 80% of Americans who live from check to check with growing government costs, the answer is "H**l no!"

 

[LoneLaugher]

Only in you mind, bigrebnc.

You, once again, have fail in your own OP with your own evidence. You have done this repeatedly.

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

Are you ever right about anything?

 

[boedicca]

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

What I meant was wiki is not a valid source when the BLS stats are used. But Jake knew that

The BLS site is easy to navigate - it's better to just use it as a source.

 

[boedicca]

wiki is not a valid source.

Actually, wiki is fine for quite a bit of information - but anything having to do with politics or economics is very slanted towards to left.

Are you ever right about anything?

Why, thank you for asking! Yes, I am right about many things, including the observation that you are An Idiot.

 

[bigrebnc1775]

I did not questions your facts, bigreb, only your conclusion. By your facts and the population increase to 313mm, we have 1mm more jobs now than six years ago. Your condemnation of wiki means nothing.

That is not Republican (which you are not by your own statement condemnation of dem and pub I published yesterday) and that is not Democratic. That is truthful.

Now if you want to argue that the economy should be growing faster or that it is still too weak, I support you 100%.

My conclusion? Your post was second to this thread the only thing I post was the stats from the BLS I made no conclusion dumb ass.

 

[JakeStarkey]

I did not questions your facts, bigreb, only your conclusion. By your facts and the population increase to 313mm, we have 1mm more jobs now than six years ago. Your condemnation of wiki means nothing.

That is not Republican (which you are not by your own statement condemnation of dem and pub I published yesterday) and that is not Democratic. That is truthful.

Now if you want to argue that the economy should be growing faster or that it is still too weak, I support you 100%.

My conclusion? Your post was second to this thread the only thing I post was the stats from the BLS I made no conclusion dumb ass.

http://www.usmessageboard.com/politics/287451-is-the-economy-getting-better-2.html

Then we can suppose that it is better than in December 2008, yes?