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Old 08-04-2007, 03:22 AM   #28
JTS_tv

Join Date
Oct 2005
Posts
572
Senior Member
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that is simply not true. Economic growth has been broad based across the entire income spectrum. Real incomes have risen, net worth has risen, unemployment is down, taxes are lower. What more do you want? If the president had a D after his name, this would be hailed as nothing short of an 'economic miracle'.
Strange. I've heard/read quite the opposite. Please (I'm being serious here) if you have information that shows that real wages are up, taxes on the working (that means, say, the bottom 50% of households) are down (significantly), or that the actual number of people out of work is down (unemployment figures are unreliable IMHO), I'd love to read them.

Yes, I'm a liberal. However, I am open to the possibility that things are going well. I'd like to see evidence, if they are.

Here's one thing I saw today that worried me:

February jobs report likely to usher in year of weak hiring - Mar. 8, 2007

Although I do thing this is relevant:

"The bottom line is the economy is advancing at a desirable pace," said Yamarone. "Low inventory levels suggest the shelves and showrooms and warehouses are going to have to be replenished. They'll have to pick up the pace of hiring and refill those depleted inventories."

I just don't know enough to know, and I don't trust most people enough to be able to tell me. It's a difficult situation to be in!
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