Where's the bad economy?

Toshi · Sep 17, 2004

sweet jeebus. did you just post your own ANECDOTAL EVIDENCE about construction and somehow expect it to convince us in the face of job loss/gain statistics?

ohio · Sep 17, 2004

Where'd you get the econ degree?

Depending on the sector, construction is booming because of the combination of reeeeealllly low interest rates and suddenly vacated commercial space (hmmm... I wonder why it was vacated?).

LordOpie · Sep 17, 2004

Please explain why we should waste our time talking to you about the subject. Have you actually taken some time and tried to educate yourself or are you just paraphrasing or pasting someone else's words?

No, I didn't bother reading it cuz I'm guessing your post ain't your words or it's just some stupid anecdotal commentary that applies only in N8land.

LordOpie · Sep 17, 2004

N8 said:
How many companies have you owned again?

You learned the art of confusion and misdirection well young one. Darth Bush would be proud.

Silver · Sep 17, 2004

N8 said:
Yeeeeah... that's what I though.

Quit fvcking doing that.

ohio · Sep 17, 2004

N8 said:
How many companies have you owned again?

only one.

but now I work advising executives of multi-$B companies. I, and they, can tell you that there's a lot going on, and the economy is rebounding... with a caveat: consumers are now spending beyond their means and leveraging debt in ways that have never been done before (i.e. to support lifestyle, rather than basic needs). Businesses are doing their best to capture that IMMEDIATELY before their competitor does, because there's going to be a huge backlash as creditors come knocking.

What we SHOULD have seen, and may have if jobs had been protected, interest rates hadn't dropped out from under banks, and consumer responsibility been acknowledged, was lower unemployment in '03 but slower growth coming into '04 with lower consumer debt

Hmmmmm.... continually spending money we don't have to prop up an image of prosperance... kind of reminds of something... what is it? I just can't think of it... hmmm... it's like the same thing only much much bigger.... on the tip of my tongue... ahh **** it.

Toshi · Sep 17, 2004

heh. some light reading about consumer debt: http://credit.about.com/cs/economics101/a/031203.htm

The personal credit card debt carried by the average American is $8,562 [ed: source not cited] and the total interest paid in 2001 was $50 billion.... an average of $1000 in interest per consumer. The average consumer caries 8 cards and 20% of cards are maxed out.

Toshi · Sep 17, 2004

N8 said:
Too bad, how sad.

I pay my credit card off every month. I have a good income and I live within my means. I only buy consumer goods that I can pay cash for.

Yeah, I've sacrificed... I lived without cable tv 39 years but now I gots me some!

hint 2: it's not sound reasoning to generalize from anecdotes. my own finances are in order too and i wasn't unemployed recently, but that doesn't mean that unemployment and financial disarray aren't significant problems in the u.s. today.

Toshi · Sep 17, 2004

N8 said:
Unemployent is something like 5% right? I suppose the other 95% of folks are doing something.

Personal financial disarray is something that no matter how you try, can't really be pinned on Pres. Bush now can it? Nope... that can be blamed on personal responsibility or lack there of.

notice how ohio was attempting (too subtly i guess :rolleyes:

) to draw a parallel between consumer irresponsibility and gwb's own fiscal irresponsibility. see: iraq war, tax cuts not accompanied by spending cuts.

as for unemployment: http://www.southend.wayne.edu/modules/news/article.php?storyid=178

The survey also showed that the total employment of persons in the Labor Force rose by 629,000 to 139.7 million in July. And the employment-population ratio, the proportion of the population age 16 and over with jobs, increased to 62.5 percent.

There were 1.6 million people who were not in the labor force in July, the same number as the previous year. These people wanted to work and were available. They were not counted as unemployed in the survey, however, because they did not actively search for work within the four weeks preceding the survey.

There were 504,000 of the 1.6 million who were discouraged workers. The survey said these people believed that no jobs were available for them and was the reason why they did not look for work.

so the true number is more like 5.something% + these above 1.6 million. and before you pull the gop talking points about job creation statistics out of (literally perhaps?) your anus :monkey:

keep in mind (source here/here) that the u.s. has an influx of approximately 1.3-1.5 million immigrants each year, so the economy would have to produce ~1 million new jobs/yr just to keep pace with that.

narlus · Sep 17, 2004

someone hit him w/ lisa's rock. preferably in the face.

LordOpie · Sep 17, 2004

N8 said:
Hard to believe the economy is in the tank when college aged scrubs are hangin' out at Starbucks downing $4.00 cups of joe and wearing $150 tenny-runners.

In recent news, IQ level designating retarded drops from 70 to N8.

fluff · Sep 18, 2004

N8 said:
Remember kids, you must be present to win!

Or more likely... lose.

I've owned two companies and you're still an idiot.

Skookum · Sep 18, 2004

You've just lost ALL credibility with me on this one N8. Construction is usually around 2 years behind the economic trend because finance for new construction gets hammered out. The go ahead gets done and the plans get drawn up, contracters bid on jobs within the project, scheduling and problems arise.
Again your limited vision fails to see how things "really are". It's not like guys in hard hats just show up and magically put a building up.
But i forgot retardicans like you think that Americans are fat and lazy and just crying about getting less and less pay, less and less work, crappier work conditions, new laws from bushy eliminating overtime pay. Just get more illegal's in here because everybody know they don't work better, but they are good and cheap. Because that's what i see everyday, and i'm in the trenches, you are just talkin out the side of your neck....

Skookum · Sep 18, 2004

N8 said:
Unemployent is something like 5% right? I suppose the other 95% of folks are doing something.

Unemployment is not a good indicator of what's going on in the "real world" N8. it doesn't show how the college grad has to settle for a job at Taco Bell, or a job he knows is only temporary because he's busy training his replacement from India who's going to take his job over there as soon as it's over.

N8 said:
Personal financial disarray is something that no matter how you try, can't really be pinned on Pres. Bush now can it? Nope... that can be blamed on personal responsibility or lack there of.

Completely wrong, i'd agree 95% with your line of thinking during Clintons admin because the economy was strong. Now things are fubar'd i used to like looking down on the bums but now that opportunities are dried up i actually have to have empathy for them.

Westy · Sep 18, 2004

"Economic growth is on track, but rising budget deficits could increase interest rates and squeeze out private investment. This could lead to high inflation and low growth-Stagflation"-Alan Greenspan

The unemployement rade decreased in August by .1%, mainly because the labour force was reduced by 150,000. Where did these 150,000 people go? Some died or retired, most just gave up looking for jobs.

LordOpie · Sep 18, 2004

Skookum said:
You've just lost ALL credibility with me on this one N8.

He still had some?

I know I pick on N8 a lot and I know I'm mean, but I'm serious... how can anyone here respect the guy -- even the smallest amount -- for the constant barage of idiocy?

I guess I'm just as bad as him... cuz he's financially secure, he thinks everyone should be. Cuz I'm an idiot, but I try to learn from my stupidity, I think everyone should.

Back to the abuse... N8, for the love of humanity, don't reproduce.

ALEXIS_DH · Sep 18, 2004

N8 said:
Too bad, how sad.

I pay my credit card off every month. I have a good income and I live within my means. I only buy consumer goods that I can pay cash for.

Yeah, I've sacrificed... I lived without cable tv 39 years but now I gots me some!

OH!!!! obvious!!!!

the explains your 2% wannabism, and fundamentalist republicanism.

you are nouveau-riche.

Skookum · Sep 18, 2004

Westy said:
The unemployement rade decreased in August by .1%, mainly because the labour force was reduced by 150,000. Where did these 150,000 people go? Some died or retired, most just gave up looking for jobs.

Hmmm because after flipping burgers at Wendy's got them humiliation, and still way in the hole in debt. Not because they couldn't afford cable, but because they couldn't afford thier apt./food/car payment/insurance/child care.... So they got smart and started selling drugs instead.....
i still don't get how retardicans are supposed to be "realists" to me they're way more out of touch of than the dumbocrats.

valve bouncer · Sep 18, 2004

LordOpie said:
He still had some?

I know I pick on N8 a lot and I know I'm mean, but I'm serious... how can anyone here respect the guy -- even the smallest amount -- for the constant barage of idiocy?

I guess I'm just as bad as him... cuz he's financially secure, he thinks everyone should be. Cuz I'm an idiot, but I try to learn from my stupidity, I think everyone should.

Back to the abuse... N8, for the love of humanity, don't reproduce.

Don't worry Loopie, abuse of N8 here is not only encouraged it's the duty of every PD Forum participant.
Here's my contribution-an oldie but a goodie
Is this you N8?

$tinkle · Sep 20, 2004

let's see if i understand those who disagree w/ N8 (heretofore called "everyone"):

you offer your opinion, a link or two (which may or may not be relevant), another opinion, a few misspelled words, all on one of your many computers (presumably paid for), w/ access via your ISP - also paid for - using electricity (paid for). Unless, of course, you're talkin' all this smack FROM WORK!!!! In which case, kindly go piss up a rope (as able to do so).

All the while NOT looking for work, NOT doing self-improvement.

This is just one big circle-jerk w/ N8 as the convenient monkey-in-the-middle wearing the stained dress.

...and another thing: why is anecdotal evidence handily dismissed even if that is exactly what eye-witness testimony is classified as in - say - a murder trial? traffic court? whenever you get busted coming out of the leathershop on Broadway (opie!).

ohio · Sep 20, 2004

he he... candy from a baby...

$tinkle said:
Unless, of course, you're talkin' all this smack FROM WORK!!!! In which case, kindly go piss up a rope (as able to do so).

All the while NOT looking for work, NOT doing self-improvement.

You are aware that you are also posting messages online, right? Just checking.

That being said, I think most everyone that posts here has work or school. Additionally, I consider political debate a form of self-improvement.

Maybe you'd be a little more open of you did too. I realize there's some mild-hypocrisy in that statement, in that I'm closed like the DMV after 5pm when it comes to N8s threads... but that's because they're asinine. Other conservatives on the board have certainly made me think, and many (Burly, LL) have changed my stance on a few things.

$tinkle said:
...and another thing: why is anecdotal evidence handily dismissed even if that is exactly what eye-witness testimony is classified as in - say - a murder trial? traffic court? whenever you get busted coming out of the leathershop on Broadway (opie!).

I feel like I explain this once every six months.Anecdotal evidence is the use of singular events to draw conclusions about a greater trend. Like using a single datum point to draw a line.

In the case of a murder trial, you're not trying to draw a conclusion anything greater than a single perpetrator at a single moment in time. Using one (or more... if there's several witnesses) datum point, to describe ONE datum point. See the difference?

Inclag · Oct 6, 2008

bump!

Where's the bad economy?

Not the sharpest tool in the shed

Harbinger of Doom

The Fresno Kid

MOTHER HEN

Not the sharpest tool in the shed

Not the sharpest tool in the shed

Not the sharpest tool in the shed

MOTHER HEN

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Not the sharpest tool in the shed

find me a tampon

Not the sharpest tool in the shed

The Fresno Kid

Harbinger of Doom

Not the sharpest tool in the shed

Harbinger of Doom

Not the sharpest tool in the shed

Harbinger of Doom

Not the sharpest tool in the shed

Eastcoast Softcore

MOTHER HEN

Not the sharpest tool in the shed

Monkey Turbo

bikey's is cool

bikey's is cool

the teste

MOTHER HEN

Tirelessly Awesome

bikey's is cool

Master Dildoist

Expert on blowing

The Fresno Kid

Turbo Monkey

Not the sharpest tool in the shed