The Good News We've Been Waiting For

[nbcrusader]

Analysts Say U.S. Economy In Recovery, 2001 Recession Over

So much for "It's the economy, stupid".

 

[verte76]

I'm not sure "it's the economy stupid" will play Peoria anymore because of the whole terror/security thing that came in with 9/11. Right now that seems to be helping Bush. We'll see what's going on in 2004.

 

[Rono]

What goes up will go down again,...

 

[melon]

I have my doubts. I still see no prospects for long-term growth, with continuing unemployment, stagnant wages, and a continuing reliance on credit for spending...when that credit will both run out and have to be paid back.

To be honest, I think these economists are full of themselves, and don't know the slightest thing about the economy, aside from theory, which is skewed by ideology.

Melon

 

[verte76]

I don't think ordinary people pay much attention to economic pundits. They have to have a gut-level feeling that the economy is OK, and for this they look at their own pocketbooks--their employment situation and such, pundits be damned.

 

[nbcrusader]

I'd say they (ordinary people) pay attention to whatever the press feeds them. Lately, all most people know is the unemployment rate.

 

[MissVelvetDress_75]

the market seemed to agree with this.

 

[Dreadsox]

The stocks I have been watching and buying have been slowly increasing the past three months.

 

[verte76]

I hated economics in school. I'm still not good at it.

 

[Chizip]

its not that hard, just supply and demand

basically

 

[iacrobat]

Hmmmm...I don't really have any faith in economists or how the "health" of the economy is measured.

I've always liked this video spot, check it out if you like:

Quicktime: http://adbusters.org/abtv/movies/invasions/gdp/gdp_low.html
Realvideo: http://adbusters.org/abtv/movies/invasions/gdp/GDP_real_low.html

 

[mobonofo]

I'm still broke...

 

[BVS]

I'm still broke...

This is the best bump ever in FYM!

 

[melon]

Corporate profits = "economic recovery"
Unemployment = "who cares"

The only difference between now and the 1980s is that white collar workers are having their jobs shipped abroad this time, along with the blue collar jobs. But "who cares?" Corporate profits mean everything!

Melon

 

[ILuvLarryMullen]

Corporate profits = "economic recovery"
Unemployment = "who cares"

The only difference between now and the 1980s is that white collar workers are having their jobs shipped abroad this time, along with the blue collar jobs. But "who cares?" Corporate profits mean everything!

Melon

well said

 

[Elvis]

Do you remember 1991?