Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Long-term discouraged would be a group of people that shouldn't be discounted, since I bet these would be people like laid off auto workers who haven't been able to find a job in a long time.
You don't have to be able to find a job in a long time, you just have to be occasionally looking.
From looking at those definitions it seems like if you only spend one day a month checking the want ads you qualify as part of the U3 numbers, and if you decided to go to school full time or stay home to care for the kids so haven't looked in 10 months you'd still qualify in the U5 numbers.
Despite all this inclusion you seem to be rejecting it in favor of an even broader definition. I'm just not why, what exactly are we trying to measure here?
Because economies run in cycles and will eventually go up after it went down.
Not when government gets involved and bails out the failures.
It never recovers. There is no bottom. It rides a flat line, until the government can no longer fund it, then it is a chaotic collapse, from every angle, because the engine for recovery is completely destroyed, and only the governments buddies survive to make monopolies and total control.
What programs or policies were implemented to boost consumer spending in this quarter?
The new program, courtesy of your Republicans in Congress, is no programs. No more stupid stimulus, spraying money around at random for those who bought a car this month or a house last month or hired an employee between the correct dates. No more buying roadworthy cars in order to crush them. No more public employee bailouts.
In short, less wasting of money we don't have on programs that do not work. Ironically, Obama will reap the benefit of a slowly improving economy even thought it is getting better in spite of him, not because of him.
What programs or policies were implemented to boost consumer spending in this quarter?
The economy is not improving...not one bit. Sears just announced they will close 200 stores. Its still more difficult than ever to find a job. We are in this for the long haul unfortunately.
The new program, courtesy of your Republicans in Congress, is no programs. No more stupid stimulus, spraying money around at random for those who bought a car this month or a house last month or hired an employee between the correct dates. No more buying roadworthy cars in order to crush them. No more public employee bailouts.
In short, less wasting of money we don't have on programs that do not work. Ironically, Obama will reap the benefit of a slowly improving economy even thought it is getting better in spite of him, not because of him.
This is complete bs. WE are avoiding a depression precisely because of the stimulus and quantitative easing. The notion that Obama is throwing water on the recovery is just partisan koolaid. It is all about getting money moving through the economy, and it is starting to work. No miracles, and no rapid growth, but the housefire is dowsed and reconstruction is moving forward.
This is complete bs. WE are avoiding a depression precisely because of the stimulus and quantitative easing. The notion that Obama is throwing water on the recovery is just partisan koolaid. It is all about getting money moving through the economy, and it is starting to work. No miracles, and no rapid growth, but the housefire is dowsed and reconstruction is moving forward.
I guess one man's BS is another man's astute analysis--and vice versa. Good thing it's still a free country, you can think what you want.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
