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Old 09-19-2013, 08:19 AM
 
Location: Long Island, NY
19,792 posts, read 13,948,900 times
Reputation: 5661

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Quote:
Originally Posted by Novadhd5150 View Post
QE is doing nothgin but artificially keeping us afloat. It is only a matter of time before the markets (housing and stock ) correct hard again. The dollar is becoming worthless.
There is a good advice one can give another; before making flagrant statements about numbers, actually look at the numbers. The dollar is not becoming worthless. In fact, the value of the dollar hasn't varied very much in over five years.
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Old 09-19-2013, 08:19 AM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674
Quote:
Originally Posted by HappyTexan View Post
You do realize this was a global recession that affected more than just the US I hope.
Please continue to make this point. Many posters on this forum don't seem to grasp this. Could it be a symptom of U.S. exceptionalism?
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Old 09-19-2013, 08:23 AM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by middle-aged mom View Post
Please continue to make this point. Many posters on this forum don't seem to grasp this. Could it be a symptom of U.S. exceptionalism?
But it is all tied in to the "too big to fail" banking system.
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Old 09-19-2013, 08:24 AM
 
9,855 posts, read 15,205,540 times
Reputation: 5481
Can you actually post an honest piece of data for once, instead of relying on something someone posted on facebook?

Federal spending as a % of GDP is the highest under Obama than it has been in 60 years.

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Old 09-19-2013, 08:25 AM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674
Quote:
Originally Posted by Novadhd5150 View Post
Many pundits said at the onset of the recession that it would take many years to get out of this. Something like an average of 200,000 new jobs created each month.
As long as the Fed keeps "buying" bonds each month we will never start to improve.
On the ohter hand it does apear that long term int rates are creeping up.
Imagine the public outrage when interest rates eventually return to something resembling normal?
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Old 09-19-2013, 08:28 AM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674
Quote:
Originally Posted by MTAtech View Post
There is a good advice one can give another; before making flagrant statements about numbers, actually look at the numbers. The dollar is not becoming worthless. In fact, the value of the dollar hasn't varied very much in over five years.
There ya go again....confusing people with facts.
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Old 09-19-2013, 08:31 AM
 
Location: Long Island
32,816 posts, read 19,483,709 times
Reputation: 9618
Quote:
Originally Posted by lycos679 View Post
.
3. Median income has been falling since 1999
really now

median household income 1999.....40,985
median household income 2001.....42,458
median household income 2004.....44,544
median household income 2006.....49,317
median household income 2007.....52,341
median household income 2008.....53,644
median household income 2009.....53,285
median household income 2010.....51,892
median household income 2011.....51,100
median household income 2012.....51,071
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Old 09-19-2013, 08:31 AM
 
3,537 posts, read 2,735,703 times
Reputation: 1034
Quote:
Originally Posted by michiganmoon View Post
So in other words, the facts are correct, but your feelings are hurt that there is no real recovery as Obama has said?
I do not think Obama is a viable leader at all. However if Romney were President we would be in the exact same spot.
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Old 09-19-2013, 08:32 AM
 
Location: Long Island, NY
19,792 posts, read 13,948,900 times
Reputation: 5661
Quote:
Originally Posted by hnsq View Post
Can you actually post an honest piece of data for once, instead of relying on something someone posted on facebook?

Federal spending as a % of GDP is the highest under Obama than it has been in 60 years.
Let's remember that fractions have denominators. In 2009, GDP dropped by $500 billion, inflating the fraction.



When we look at the future projections, it's not out-of-line with recent history.
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Old 09-19-2013, 08:32 AM
 
3,537 posts, read 2,735,703 times
Reputation: 1034
Quote:
Originally Posted by workingclasshero View Post
really now

median household income 1999.....40,985
median household income 2001.....42,458
median household income 2004.....44,544
median household income 2006.....49,317
median household income 2007.....52,341
median household income 2008.....53,644
median household income 2009.....53,285
median household income 2010.....51,892
median household income 2011.....51,100
median household income 2012.....51,071
inflation adjustments?
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