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  #11 (permalink)  
Old 10-04-2008, 12:56 PM
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The Raw Story | US economy bleeding jobs, unemployment at 5-year high

WASHINGTON (AFP) – The struggling US economy lost 159,000 jobs in September as the weight of the housing collapse and credit crunch hit a broad swath of industries, government data showed Friday.

The report, seen as one of the best indicators of economic momentum, showed a sharp rise in the number of cuts after 73,000 job losses in August.

"There is little doubt that the nation is in a recession, which will only deepen in coming months, as the financial crisis casts a pall on economic activity," said Sophia Koropeckyj at Economy.com.
And what does Bush have to say?

"The fundamentals of the economy are strong."

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  #12 (permalink)  
Old 10-04-2008, 01:04 PM
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Let's take a look at the republicans and national debt:



Does anyone doubt that republicans are bad for the country? That Bush is bad for the economy and he's lying about the reports?
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  #13 (permalink)  
Old 10-04-2008, 03:02 PM
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Quote:
Originally Posted by Affrayer View Post
Considering that the Stock Market tanked AFTER the bailout bill passed I'd say you haven't a clue...
What does this have to do with the price of tea in china? Are you trying to stay that wages = the price of the stock market?



Rant and rave all you like, I don't like the bailout. But I am sure as hell, you'll find a way to blame President Bush if the Sun decided to burn out.
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  #14 (permalink)  
Old 10-04-2008, 04:26 PM
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Quote:
Originally Posted by Finny View Post
What does this have to do with the price of tea in china?
Again with the monumental ignorance. The Chinese Yuan is fixed. If they let it float America would face a tidal wave of inflation.

Quote:
Are you trying to stay that wages = the price of the stock market?
Nope, as I CLEARLY stated, wages, as adjusted for inflation, and CONTRARY to your claims, did not go up.

I'm beginning to feel sorry for you...
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  #15 (permalink)  
Old 10-05-2008, 05:32 AM
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Originally Posted by Affrayer View Post
Again with the monumental ignorance. The Chinese Yuan is fixed. If they let it float America would face a tidal wave of inflation.
LMAO, you don't get out much do you? What does the price of tea in China is a phrase that means what you are talking about doesn't matter to this discussion.

BTW, the Chinese removed the final peg to the US dollar last month. The Chinese have floated the yuan since 2005. There was no "Tidal Wave" of inflation as you call it.
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come on you know you wanna play football..

Beagán agus a rá go maith.

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Last edited by Finny : 10-05-2008 at 02:13 PM.
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  #16 (permalink)  
Old 10-05-2008, 05:58 AM
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Quote:
Originally Posted by Finny View Post
Whats so bad with a 6.3% unemployment? In Europe its 7 plus %.

Think about it..

BTW.. did you notice wage increases?
Europe is a continent. Why don't you lump Central America into your statistics next time you try to make a moot point? After all Mexico is one of the weakest welfare states ever, and it shows.

Unemployment:

Norway: 3.5%
Sweden: 6.1%
Denmark: 1.6%
UK: 5.4%
Luxembourg: 4.4%.

Let's also not forget the US throws away two million people into the jail system.
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Last edited by GeneCosta : 10-05-2008 at 06:07 AM.
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  #17 (permalink)  
Old 10-05-2008, 07:56 AM
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Quote:
Originally Posted by GeneCosta View Post
Europe is a continent. Why don't you lump Central America into your statistics next time you try to make a moot point? After all Mexico is one of the weakest welfare states ever, and it shows.
No, Europe is not a continent anymore. Its a Union. It's called the European Union, uses the Euro, has a Parliament which meets in Brussels and Strausbourg. It has a single market economy.

So if we use your ability to take member states of the EU and say they have this unemployment rate. I think we can do by State in the United States right?

We'll get to those numbers in a minute.



Quote:
Originally Posted by GeneCosta View Post
Unemployment:

Norway: 3.5%
Sweden: 6.1%
Denmark: 1.6%
UK: 5.4%
Luxembourg: 4.4%.

Let's also not forget the US throws away two million people into the jail system.

So lets use the Eurostat. Even in their report they group all the member states of the European Union into 1 to compare it to the US. You can read the report here.

But you don't want to do it. So lets look at some of 50 states in the United States ( a Union)..

South Dakota 2.8%
North Dakota 3.2%
Utah 3.2%
Wyoming 3.2%
Nebraska 3.3%
Hawaii 3.8%
Idaho 3.8%


Here you go.

Wonder if you game the stats still?
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It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office.
H. L. Mencken

come on you know you wanna play football..

Beagán agus a rá go maith.

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  #18 (permalink)  
Old 10-05-2008, 01:21 PM
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Quote:
Originally Posted by Finny View Post
What does the price of tea in China is a phrase that means what you are talking about doesn't matter to this discussion.
Inflation has every bit to do with wages.

Quote:
BTW, the Chinese removed the peg to the US dollar last month. The Chinese have floated the yuan since 2005. There was no "Tidal Wave" of inflation as you call it.
Business Feed Article | Business | guardian.co.uk

BEIJING, Oct 2 {2008}(Reuters) - China will ease monetary policy through the end of next year to support growth in the face of a global slowdown, lowering interest rates and slowing the pace of yuan appreciation, a Reuters poll showed on Thursday.
BTW: I DON'T BELIEVE A SINGLE THING YOU SAY!
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  #19 (permalink)  
Old 10-05-2008, 01:40 PM
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Quote:
Originally Posted by Finny View Post
Whats so bad with a 6.3% unemployment? In Europe its 7 plus %.

Think about it..

BTW.. did you notice wage increases?
Well Well Well

Quote:
Originally Posted by GeneCosta View Post
Europe is a continent. Why don't you lump Central America into your statistics next time you try to make a moot point? After all Mexico is one of the weakest welfare states ever, and it shows.

Unemployment:

Norway: 3.5%
Sweden: 6.1%
Denmark: 1.6%
UK: 5.4%
Luxembourg: 4.4%.

Let's also not forget the US throws away two million people into the jail system.
Seems like I have another example of Finny playing fast and loose with the truth...
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  #20 (permalink)  
Old 10-05-2008, 01:47 PM
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Quote:
Originally Posted by GeneCosta View Post
Let's also not forget the US throws away two million people into the jail system.
Pew Report Finds More than One in 100 Adults are Behind Bars
02/28/2008

According to a new report released today by the Pew Center on the States’ Public Safety Performance Project, at the start of 2008, 2,319,258 adults were held in American prisons or jails, or one in every 99.1 men and women, according to the study.
2,319,258 and growing....we're number one!
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