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Old 11-30-2010, 03:49 PM
 
45,585 posts, read 27,203,264 times
Reputation: 23898

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1. Unemployment - Nov. 2006 - 4.5%; today 9.5%

2. Food stamp enrollment - Nov. 2006 - 26 mil; today 42 mil

3. Median household income - 2008 - $51,726; 2009 - $50,221

4. Banks on the FDIC problem list - 3rd Q 2006 - 47; today 860 (http://www.freep.com/article/20101123/BUSINESS07/101123043/1002/business - broken link)

5. New home construction in CA - today 1,811; down 77% from Aug 2006

6. Nationwide new home sales - 2006 - record high; today - record low

7. College grads moving back home - 2006 - 63%; today - 80%

8. 10.5 million jobs lost since 2007.

9. Social Security - 2006 took in +$100bil; today it will pay more than it takes in.

10. Debt ceiling raised 6 times since start of 2006.

11. Total debt: 2006 - $9tril; today - approaching $14tril

Despite the words of the government that we are OK - we really aren't. Don't be fooled. We have done nothing to turn this around.

(... from dailymarkets.com)
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Old 11-30-2010, 05:19 PM
 
Location: Chicagoland
41,325 posts, read 44,956,928 times
Reputation: 7118
And don't those statistics just say it all. The last 3 years.......hmmmmm.
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Old 11-30-2010, 05:36 PM
 
13,186 posts, read 14,982,506 times
Reputation: 4555
Quote:
Originally Posted by DRob4JC View Post
1. Unemployment - Nov. 2006 - 4.5%; today 9.5%

2. Food stamp enrollment - Nov. 2006 - 26 mil; today 42 mil

3. Median household income - 2008 - $51,726; 2009 - $50,221

4. Banks on the FDIC problem list - 3rd Q 2006 - 47; today 860 (http://www.freep.com/article/20101123/BUSINESS07/101123043/1002/business - broken link)

5. New home construction in CA - today 1,811; down 77% from Aug 2006

6. Nationwide new home sales - 2006 - record high; today - record low

7. College grads moving back home - 2006 - 63%; today - 80%

8. 10.5 million jobs lost since 2007.

9. Social Security - 2006 took in +$100bil; today it will pay more than it takes in.

10. Debt ceiling raised 6 times since start of 2006.

11. Total debt: 2006 - $9tril; today - approaching $14tril

Despite the words of the government that we are OK - we really aren't. Don't be fooled. We have done nothing to turn this around.

(... from dailymarkets.com)

Why would the government hide this? It's clear from your stats the downturn started 2 years into Bush's 2nd term?

Did somebody tell you this will all be corrected by now?
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Old 11-30-2010, 05:38 PM
 
Location: Chicagoland
41,325 posts, read 44,956,928 times
Reputation: 7118
Quote:
Originally Posted by padcrasher View Post
Why would the government hide this? It's clear from your stats the downturn started 2 years into Bush's 2nd term?

Did somebody tell you this will all be corrected by now?
Or......when the democrats took over congress and started spending into oblivion and enacting all kinds of anti-business rules and regulations.
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Old 11-30-2010, 05:45 PM
 
1,599 posts, read 2,949,180 times
Reputation: 702
And here are some statistics you won't ever hear on Fox. Nothing started 3 years ago. More like 10. That's when we fell off the cliff. We need to look back to that time to understand what went wrong.

A Lost Decade for Jobs - BusinessWeek
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Old 11-30-2010, 05:51 PM
 
Location: My little patch of Earth
6,193 posts, read 5,370,306 times
Reputation: 3059
Quote:
Originally Posted by padcrasher View Post
Why would the government hide this? It's clear from your stats the downturn started 2 years into Bush's 2nd term?

Did somebody tell you this will all be corrected by now?
Your answers are in your questions.
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Old 11-30-2010, 05:52 PM
 
Location: My little patch of Earth
6,193 posts, read 5,370,306 times
Reputation: 3059
Quote:
Originally Posted by sanrene View Post
Or......when the democrats took over congress and started spending into oblivion and enacting all kinds of anti-business rules and regulations.
Don't waste your time. He can't see it. He's got liberal colored glasses on.
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Old 11-30-2010, 05:56 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,450,261 times
Reputation: 6465
Whats your point, think we have things so great right now, hardly think so. Gees, think Obama has done us up a bang up job, hardly think so. Great Economy Ha.

The Dems are not a spendthrift orgainization, more like spend spend and lets spend some more.

How are we ever goign to turn this around? with a President whom does not think that we have a problem to begin with, have to admit there is a problem, don't ya think.
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Old 11-30-2010, 06:03 PM
 
Location: Missouri
4,272 posts, read 3,789,104 times
Reputation: 1937
Quote:
Originally Posted by DRob4JC View Post
1. Unemployment - Nov. 2006 - 4.5%; today 9.5%

2. Food stamp enrollment - Nov. 2006 - 26 mil; today 42 mil

3. Median household income - 2008 - $51,726; 2009 - $50,221

4. Banks on the FDIC problem list - 3rd Q 2006 - 47; today 860 (http://www.freep.com/article/20101123/BUSINESS07/101123043/1002/business - broken link)

5. New home construction in CA - today 1,811; down 77% from Aug 2006

6. Nationwide new home sales - 2006 - record high; today - record low

7. College grads moving back home - 2006 - 63%; today - 80%

8. 10.5 million jobs lost since 2007.

9. Social Security - 2006 took in +$100bil; today it will pay more than it takes in.

10. Debt ceiling raised 6 times since start of 2006.

11. Total debt: 2006 - $9tril; today - approaching $14tril

Despite the words of the government that we are OK - we really aren't. Don't be fooled. We have done nothing to turn this around.

(... from dailymarkets.com)
First, all of these stats are available from the government. Where do you think your links got these numbers?

Second, you need more substantial proof than statistics to prove your assertion. Otherwise, I can compare statistics between 1933 and 2010 and say that things are BETTER now than then. But that's just stupid.
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Old 11-30-2010, 06:53 PM
 
Location: Texas
14,076 posts, read 20,535,499 times
Reputation: 7807
Quote:
Originally Posted by DRob4JC View Post
1. Unemployment - Nov. 2006 - 4.5%; today 9.5%

2. Food stamp enrollment - Nov. 2006 - 26 mil; today 42 mil

3. Median household income - 2008 - $51,726; 2009 - $50,221

4. Banks on the FDIC problem list - 3rd Q 2006 - 47; today 860 (http://www.freep.com/article/20101123/BUSINESS07/101123043/1002/business - broken link)

5. New home construction in CA - today 1,811; down 77% from Aug 2006

6. Nationwide new home sales - 2006 - record high; today - record low

7. College grads moving back home - 2006 - 63%; today - 80%

8. 10.5 million jobs lost since 2007.

9. Social Security - 2006 took in +$100bil; today it will pay more than it takes in.

10. Debt ceiling raised 6 times since start of 2006.

11. Total debt: 2006 - $9tril; today - approaching $14tril

Despite the words of the government that we are OK - we really aren't. Don't be fooled. We have done nothing to turn this around.

(... from dailymarkets.com)

Hmmmm. Comparing statistics between the last pretty good economic year with statistics from the depths of a major recession. Hmmmmm.

Who woulda thunk all that would happen?

Last edited by stillkit; 11-30-2010 at 08:03 PM..
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