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U.S. Recovery
Topic Started: Jul 28 2013, 11:18 AM (339 Views)
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Trotsky
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Big City Boy
Yeah, that pretty much says it all.

Trouble is if the road was perfectly paved and connected it would end a block later in a cliff.
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drivera462
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Federal deficit is half of what was projected, largely to increased tax revenue because more people are working. http://news.investors.com/ibd-editorials-on-the-right/081513-667677-government-spending-cuts-havent-hurt-economy.htm

So what WOULD make you happy?
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Trotsky
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because more people are working


Are they really?

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A broader measure of the nation's employment situation is Gallup's P2P employment rate, which shows basically no growth in full-time jobs in the U.S. since 2011. There has been some growth in part-time jobs this year vs. last, but this means there are more Americans working part-time jobs who actually want full-time positions. Additionally, Gallup finds that fewer young adults are now working full time than were in the previous three years. Until and unless P2P comes back in a robust way, the economic recovery may continue to be slow
.

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Federal deficit is half of what was projected,


Terrific, so then we will start pulling down National Debt REAL soon, right?
So this chart is just an illusion with no meaning...perhaps it is upside down?

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(You know the easiest thing is to predict a deficit of 5 trillion dollars and then say WOW, we were never anywhere NEAR that, we must be WONDERFUL. Poppycock.)

We are borrowing and borrowing to keep banks flush, stock prices inflated, housing inflated, for which we will pay a HUGE price down the road and what do we have to show for it...a FALLING median income and a worsening job market, in spite of bullshit numbers the government makes up monthly. And even the MADE-UP numbers indicate a looming disaster.


States and the Fed have taken people off of Unemployment compensation after anywhere from 53 weeks (NY) to 99 weeks...1 or 2 years.
Every one of them has then been counted as NOT UNEMPLOYED...and thus by moronic default as EMPLOYED. Take this out for a long enough period and the unemployment rate could fall to 0% two years after the last worker in the United States loses his job. The longer a depression goes on the BETTER the Unemployment Numbers get...they are structured that way.


Edited by Trotsky, Aug 23 2013, 02:00 AM.
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drivera462
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Again, you have no solutions.
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