Dow Jones On The *LONGEST* Winning Streak since Clinton, WOW!!!!!!!!!!!!!!!!
- Thread starter pewep
- Start date
Let's just ignore every other factor involved in the state of the US economy, and base our entire analysis of the US economy's health on the DJIA.
Good idea. Lets do that.
Good idea. Lets do that.
It's okay man, it's all water under the bridge now. I forgive you. Good job for being man enough to apologize for your stupid mistake, I don't know many whites with enough courage to do so. You have my respect.
Sincerely,
Pewep
Um...you're white yourself, Pewep. Remember?
This is what unemployment looks like when you include the people not collecting unemployment:
The negative percentages reflect the amount of unemployed or underemployed people being removed from the system so that BLS can report lower unemployment numbers.
And the difference between what BLS are reporting and the actual situation is:
Making 9 Million Jobless Vanish: How The Government Manipulates Unemployment Statistics
The negative percentages reflect the amount of unemployed or underemployed people being removed from the system so that BLS can report lower unemployment numbers.
And the difference between what BLS are reporting and the actual situation is:
Making 9 Million Jobless Vanish: How The Government Manipulates Unemployment Statistics
You're not really supposed to say this. Let Pewep get to Maximum Fool status first so this thread can live in infamy when the Mother-Of-All-Crashes occurs.
Yeah! Dow Jones! Savior Obama!
Whatever the potential impact for a president is, it's the same whether the market is high or low, but the ability of many people to understand this changes depending on whether or not the president is a democrat or republican.
related :
About two-thirds of Republicans say the president can do something about high gas prices, and about two-thirds of Democrats say he can't.
But six years ago, with a Republican president in the White House, the numbers were reversed
Partisan Psychology: Why Do People Choose Political Loyalties Over Facts? : It's All Politics : NPR
Inflation is never good. It's like when when a woman's ass inflates from fine to fat - it loses all its original value.
Not my position necessarily but I'll play devils advocate.
There's an argument by some economists that mild controlled inflation is good for keeping the economy growing by encouraging investing. A rare metal currency like gold over the long term will always deflate and this encourages hoarding of the actual currency. Because if the currency increases in value over time why invest it as much as if it devalued over time? You wouldn't. Hoarding of a currency means people aren't putting it to work through investing, etc.. so there is less credit available etc. It's well known that harsh deflation of a currency will fuck up any economy possibly more than harsh inflation but definitely more than mild inflation.
I'm a nigger you fucking asshole, I'll call pewep a fucking nigger if I want to and you won't stop me you fucking nigger!
What do unemployment numbers have to do with the markets and corporate profits?
Technology and globalization are cutting out jobs. That's the way it goes.
Both inflation and deflation can be negative, but that doesn't make inflation automatically better. You can inflate a currency based on increase of population and increase of standard of living, but the US currency isn't inflated at anywhere near that rate right now.
Right now, for the majority of the US population, currency inflation is destroying savings, pensions and wages.