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#1 (permalink) |
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Senior Member
Join Date: Oct 2002
Location: Puget Sound
Posts: 4,594
Internets: 1608
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Everyone has been picking on the poor ol' economy. Well, today it gave a resounding middle finger to the world.
Today the Dow closed at 10008.16. Isn't that something. read friend, read |
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#2 (permalink) |
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Junior Member
Join Date: Dec 2003
Location: Santa Clarita, CA
Posts: 12
Internets: 10
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granted, the stock markets do make up a portion of the economy, i dont see how that changes a 500 billion and rising deficit (and thats just the U.S.). yeah, a few lucky investors now have a nice sized bank account, but that still doesnt save the economy. you did have one thing right though, the economy sure is poor.
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Stop the Neo-Cons: Fight for True Democracy! VOTE!
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#4 (permalink) |
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Senior Member
Join Date: Feb 2002
Location: U.S.A.
Posts: 13,643
Internets: 247330
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antibush-
I realize you're just one of those INGSOC assholes trying to start a revolution or whatever...yada-yada-yada...booooring. But a brief serious reply to your message: The stock market is an indicator of how our entire economy is doing. You're right, it is a relatively small portion of our economy, but you could consider it a themometer of our economy. So no, not a few 'lucky' investors made money, the entire country is starting to come back around (provided this isn't a fluke raise in the stock market). -Ugly Bastard |
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#5 (permalink) |
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Junior Member
Join Date: Dec 2003
Location: Santa Clarita, CA
Posts: 12
Internets: 10
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7.2% - you know why? just after 9/11 the GDP growth dropped and has been recovering since. now its back up, but this is all because of bills that the Dubya passed into law, which only the american business elite get into enjoy.
the regular working men and women benefit from this in only one way: he or she has a BETTER chance at getting a job. well, there are two and a half million people who are unemployed, and those are just the people who are registered. thats thirteen and three quarter billion dollars to pay them all for one hour of work. according to national census, 90% of the workforce have a high school education or higher. out of that 90% only 32% have a college education. now, lets take that percent (roughly 720,000 workers) take away 30%, 'cuz only about 70% of workers with college educations get hired annually. Now, that means you must beat the first 504,000 people that have degrees that you are competing with for that job. now let's take this even further. don't forget about ex-convicts (all 3 million of them), plus the 4.5 million currently on probation or parole, excluding the 2.2 million behind bars as of December 02, 2003, and you have 9.7 million people last in line to get a job. suddenly things don't look so bright. here, i'd go into war costs, and other tabs the Dubya is racking up, but i wont to save myself the hassle of people trying to blur lines. the financial elite do not represent me or the main body of americans. a few may profit, but the economy, in the end, doesn't. 7.2% or not, U.S. economy fails. |
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Stop the Neo-Cons: Fight for True Democracy! VOTE!
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#7 (permalink) | |
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Senior Member
Join Date: Feb 2002
Location: U.S.A.
Posts: 13,643
Internets: 247330
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Quote:
Not to divert the course a little bit here, but did anyone see the South Park last Wednesday where the goth kids sat around bitching about life? That's what this sorta reminds me of... -Ugly Bastard | |
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#9 (permalink) | ||||||
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Senior Member
Join Date: Oct 2002
Location: Puget Sound
Posts: 4,594
Internets: 1608
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Now let's have some fun.
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If you'll notice, a capitalist economy is one in which production, distribution, and business are controlled privately (ie - not the government). So tell me, why do you think a President has so much control of the economy? You might be confusing our economic system with a one you probably advocate. Quote:
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#11 (permalink) |
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Senior Member
Join Date: Oct 2002
Location: Puget Sound
Posts: 4,594
Internets: 1608
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Meh, it wasn't that great of a respose. Thank you though.
I just find it odd how we have the model capitalist economy, but everyone blames the current President when something is awry. Speaking of odd, how about Ms.Fancy having 142 posts, but still no avatar... |
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#13 (permalink) |
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Senior Member
Join Date: Dec 2003
Location: My Machine
Posts: 460
Internets: -238
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Ooo! A slightly liberal hippie!
*winks at fancymeghan Heya, ah... howsitgoin'? [ December 12, 2003, 09:00 PM: Message edited by: Percipere'Chan ] |
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Dead, death, grim on a pale horse, empty, hollow, inanimate, fataled, black curtained, annihilated.
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#14 (permalink) |
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Junior Member
Join Date: Dec 2003
Location: Santa Clarita, CA
Posts: 12
Internets: 10
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now now. i wasn't blaming the president or the government. businesses may drive the economy, but after a while, all we have left is a privatized industry ran by a few people. in the land of "equal opportunity", this is against everything we are supposed to stand for. exploiting the worker and labor for profit. such a wonderful business.
look at clear channel. find out about how the FCC will be selling the radio frequencies to the bastards. and you wonder why the radio sucks. what you call smart business i call treason. but thats just my opinion. those statistics have everything to do with the economy. even if the workforce is last in the equation, it is the central point of the theory. it exists and functions only as long as the workers work. whatever happened to landlords and laborers working along side each other. |
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Stop the Neo-Cons: Fight for True Democracy! VOTE!
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#16 (permalink) | |
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Senior Member
Join Date: Nov 2002
Posts: 985
Internets: 10
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Quote:
On another note, why do you feel it necessary to create a new ID every time you get on Nubblies to share your egregious political nonsense and/or make cowardly, empty threats towards the Butcher? | |
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get off my internet!!!
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#17 (permalink) | ||||
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Senior Member
Join Date: Dec 2003
Location: My Machine
Posts: 460
Internets: -238
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Yeah, what victim said.
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If you have something to say, say it motherfucker. Put it out there and you just might learn a thing or two. Haven't read much of this [edit]thread[/edit] but, I’m glad to see someone is putting some time and energy into their arguments, good job Pli. Quote:
[note to self: read more of victim’s posts. maybe I’ll learn a thing or two.] Quote:
Don’t bother. Sorry Pli. Just wouldn’t be interesting. A good argument’s gotta go both ways. Quote:
Back to the argument at hand… I don’t think I can really get into this discussion. (don't believe in economics as such). But I am willing to say that, while economics (as a social science) requires a firm support from an underlying hard science model to be pragmatic, this support is so near nonexistent that economics as a whole is at best entertaining (I’m serious, I enjoy the discussion [no sarcasm]) but at worst, pointless. Just my two cents. If anyone is out there thinking ‘this guy is just spouting [some sort of drivel that victim could come up with a good description of], maybe you’re right. I could be pulling this shit straight out of my ass. Either way, if you’re like theantibush here (probably a statement on his sexual orientation [I say that only for and on the chance that he might be offended by it]), you’ll never know. DAMN, what a fucking loser. [-In regard to taking on new identities] [ December 13, 2003, 01:08 PM: Message edited by: Percipere'Chan ] | ||||
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Dead, death, grim on a pale horse, empty, hollow, inanimate, fataled, black curtained, annihilated.
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#19 (permalink) |
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Bokononist
Join Date: May 2003
Location: Indianapolis
Posts: 2,595
Internets: 11801
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Okay, I am a relative dumbass when it comes to such advanced economical discussions, but I do have one point/question. Could it be that the recent "Fuck You" from the economy could have to do with the fact that Christmas was only 14 days away from the day that the Dow hit 10008.16?
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"Those who believe in telekinetics, raise my hand." |vonnegut
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