The Right Scoop
Read Ponzi's life and schemes. I always like to look at what he did to his country. I wonder if the USA, shall end up as the same.
I agree mostly with what you said, but did you really look at store prices? My food bill has tripled, in a year! I declared a depression, the year Obama took office. I compared product prices, with past years, and discovered that, the adjusted US dollar could buy less than in 1930! To get the real adjusted dollar, try comparing what your hourly wage could have bought at least 10 years ago, with today's. You also need to look at business situations, if you are capable. In other words, you cannot believe any gov statistic. If you care, just start a journal, (not a temporary record). Even if crude, you will see what an hour of your labor can buy, then, and now. You might also consider changing working areas. Obama is affecting every field.
Mark, you seem to have everything lined up. You lightly touched on my theme, so I will amplify. Obama did not do this stuff in the dark. It was in the paper, on the net, but few other places. Obama, shortly after taking power announced he was changing the way to figure most economic statistics, my field. This is bad stuff, because we always consider the past stats. If you change it, just a little, all your comparisons are false. Unemployment, I figured until it passed 20%. After that, the figures were so wrong, any assumsion is wrong. You have used observation, to belie the Obama lying. The problem with your method is, it usually is too mild. If you know a lost job, there many you do not see. Also, Obama is sitting in place, people who will lie in the future, to keep their jobs. FDR was so good at this, he was president for life. Today, CNN revealed it was Democratic all the way. No Demo mentions, just US, reporting the news. Thanks for the summation. God bless you.
Gotta disagree - banks now invest in even the riskiest things - there is no risk for them at all so why not bail out Greece or Italy - the US will bail them out.
You left out people like my daughter who has a degree in Mechanical Engineering but is working full time at a Target in the mall.
I am still stuck on the cover-up of Obama's FORGED birth certificate- alotta powerful people have helped hide Obama's past secreted (criminal) history- Obama is a puppet that is controlled and so is the newsmedia- why doesn't the birth certificate issue just die & go away- It wont because it's true- Obama has defrauded America- GOOGLE "LARRY SINCLAIR" to hear Obama's old friend talk about their criminal past- Obama has tried to setup & smear Larry but somehow I believe Larry becaus Obama has hidden his entire past history at the cost of millions- Obama even surrendered his Law license to avoid investigation even his kindergarten records are sealed- the only predsident in history to have an alias- WHY?
For a more accurate estimate of unemployment: http://www.shadowstats.com/alternate_data/unemployment-charts
the Lawless Regime is at it again Lying...when will the wenners in the Republican Congress impeach this commie pig....
I understand all of that....but what I am not sure about is the differences between this recession and the recession of the 80s. What factors are in play that are different now than then?
Numbers mean jack sh*t if you don't understand or don't acknowledge the basis for them.....many people ignore everything except for the reported numbers because any given metric supports their argument. I want to be able to fully understand it so that I can squash it, figuratively speaking.
I understand all of that....but what I am not sure about is the differences between this recession and the recession of the 80s. What factors are in play that are different now than then?
Numbers mean jack sh*t if you don't understand or don't acknowledge the basis for them.....many people ignore everything except for the reported numbers because any given metric supports their argument. I want to be able to fully understand it so that I can squash it, figuratively speaking.
I understand all of that....but what I am not sure about is the differences between this recession and the recession of the 80s. What factors are in play that are different now than then?
Numbers mean jack sh*t if you don't understand or don't acknowledge the basis for them.....many people ignore everything except for the reported numbers because any given metric supports their argument. I want to be able to fully understand it so that I can squash it, figuratively speaking.
There is much more that is being missed by everyone. I've looked at all the BLS numbers I could find and noticed some trends and similarities.....but it all changes when you look at the turn-around.
Similar peak unemployment numbers to start and then Reagan brought unemployment back down by the end of his first term (with a growing labor participation). Reagan took the unemployment hit two years into his term of office and he managed to fix it within the remaining two years.
While Reagan was in office, his workforce was actually growing (very slowly), whereas it is currently on the decline. The percentage of people employed is smaller than it was during Jimmy Carter, and by the end of Reagan's first term, it was already back up to normal levels, even while his workforce was increasing. His economy was outgrowing the population growth (1.6% more employed of the population by the end of his first term).....currently number [percentage of the population employed] has turned around, but has plateaued at 2010 levels which means that the economic growth is barely keeping up with the new additions to the workforce, even though the actual number of people in the workforce is decreasing.
I saw a numbers geek post on this site before....it would be nice to have an analysis from the same guy, comparing numbers within those recent recessions. There are many factors that aren't included, so I'm not qualified to read too much into it, but those economically inclined individuals can account for other factors and give a better analysis-----of course, for some it is enough to spout off about the numbers and claim success, but I would like to see a thorough analysis.
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