Fox News exposes the Liberals again...

[Cie]

That is absolutely not the case. Even if that were true, how would that be Hillary's fault. Bush is still President next year.:shrug: Please show where you are getting that info...

Of course, I meant '09. Still, after minimal research, it appears I am mistaken about the SS tax. No time to explain today, but I just did a little research and caught a conservative radio personality in a lie. Maybe not a lie, but definitely a misleading statement. I'll elaborate when I get a chance tomorrow because I'm intersted in the opinions of the board.

 

[DOGS THAT BARK]

Now that we have the opinions -lets look at the---
The fact of the matter- despite fighting 2 wars-and the greatest natural and man made disasters in American history--

Fact Sheet: October 2007 Marks Record 50th Consecutive Month of Job Growth
8.31 Million Jobs Created Since August 2003 In Longest Continuous Months Of Job Growth On Record
November 2, 2007, the Bureau of Labor Statistics released new jobs figures ? 166,000 jobs created in October. Since August 2003, 8.31 million jobs have been created, with 1.68 million jobs created over the 12 months that ended in October. Our economy has now added jobs for 50 straight months ? the longest period of uninterrupted job growth on record. The unemployment rate remains low at 4.7 percent.

The U.S. Economy Remains Strong, Flexible, And Dynamic

Real GDP grew at a strong 3.9 percent in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
Real after-tax per capita personal income has risen by 12.7 percent ? an average of over $3,800 per person ? since President Bush took office.
Real wages rose 1.2 percent over the 12 months that ended in September. This rise is faster than the average rate during the 1990s.
Since the first quarter of 2001, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s.
The deficit today is at 1.2 percent of GDP, well below the 40-year average. Economic growth contributed to a 6.7 percent rise in tax receipts in FY 2007, following an increase of 11.8 percent in FY 2006.
++++++++++++++++++++++++++++++
The $64,000 question is will it continue--IMO tough road ahead with price of oil being culprit.
Have been scepticle of its resilience
past 6 months.
Will be very difficult to continue trend in years ahead regardless of which party is in power.
Don't see much chance of significant decrease in oil prices--as demand continues to grow with global economies firing on all cylinders as well now.

Bottom line- past years have been pretty productive--in light of having worst economy since great depression --as the pessimists would have you believe.

 

[roc612]

Dogs,
Ever hear of the quote."Theres Lies , damn Lies and then theirs statistics"
As a Non- conservative I can march out all kinds of information with statistics to support my POINT of view and at the end of the day you arent going to care much and you probably wont give a damn!
The 64,000 question is this: Are we as AMERICANS a.) better off than we were prior to 2000 or even 2004?
Ask your friends and neighbors and open your eyes and just LOOK around-You can see and feel the answer(unless you live in Malibu or similar).The question is answered by many from what their gut instincts tell them- not from statistics on paper.
Here is some statistics you wont want to acknowledge.
Foreclosure filings are up 577% in Arizona this year.Thats a sickening statistic and that number is going up before it ever goes down(sadly but true)Lots of unqualified people received mortgages here in AZ

2.).We claim to be the number one country in the world -yet we are 29th or worse(some say we rank 35th) in regards to health care for our citizens per the World health org.My out of pocket expense for health care for my daughter this year is over two thousand and rising and I have a co-pay of 93.00 on one of her prescriptionsThat I pay every month(that co-pay amount is a joke in my opinion)As a leading country how are we this poor on health care and taking care of our citizens?
3.)Here is a fact and not a statistic-Have a friend who is a GM of multiple luxury car dealerships . The Truly affluent folks are holding on to their cars longer before trading in and buy/leasing new again.(that tells me the folks with moneyto spend are a bit worried and are clamping down on what they deem as discretionary spending)
when the dollars stop being spent and circulated it usually leads to a "recession".I believe it may already be here

 

[smurphy]

Now that we have the opinions -lets look at the---
The fact of the matter- despite fighting 2 wars-and the greatest natural and man made disasters in American history--

Fact Sheet: October 2007 Marks Record 50th Consecutive Month of Job Growth
8.31 Million Jobs Created Since August 2003 In Longest Continuous Months Of Job Growth On Record
November 2, 2007, the Bureau of Labor Statistics released new jobs figures ? 166,000 jobs created in October. Since August 2003, 8.31 million jobs have been created, with 1.68 million jobs created over the 12 months that ended in October. Our economy has now added jobs for 50 straight months ? the longest period of uninterrupted job growth on record. The unemployment rate remains low at 4.7 percent.

The U.S. Economy Remains Strong, Flexible, And Dynamic

Real GDP grew at a strong 3.9 percent in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
Real after-tax per capita personal income has risen by 12.7 percent ? an average of over $3,800 per person ? since President Bush took office.
Real wages rose 1.2 percent over the 12 months that ended in September. This rise is faster than the average rate during the 1990s.
Since the first quarter of 2001, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s.
The deficit today is at 1.2 percent of GDP, well below the 40-year average. Economic growth contributed to a 6.7 percent rise in tax receipts in FY 2007, following an increase of 11.8 percent in FY 2006.
++++++++++++++++++++++++++++++
The $64,000 question is will it continue--IMO tough road ahead with price of oil being culprit.
Have been scepticle of its resilience
past 6 months.
Will be very difficult to continue trend in years ahead regardless of which party is in power.
Don't see much chance of significant decrease in oil prices--as demand continues to grow with global economies firing on all cylinders as well now.

Bottom line- past years have been pretty productive--in light of having worst economy since great depression --as the pessimists would have you believe.

Let's review this post a few montrhs from now. The shit is just now hitting the fan. I TRULY HOPE I AM WRONG, but right now all logic points towards economic trouble.

We shall see.

 

[Cie]

Of course, I meant '09. Still, after minimal research, it appears I am mistaken about the SS tax. No time to explain today, but I just did a little research and caught a conservative radio personality in a lie. Maybe not a lie, but definitely a misleading statement. I'll elaborate when I get a chance tomorrow because I'm intersted in the opinions of the board.

I heard Hannity say on Thursday--in between he and his callers repeatedly calling each other great americans--- that an Op-Ed in the WSJ last week indicated Hillary is looking to raise the amount of household income subject to social security tax from 97,500 to 200,000.

Like the gullible southerner that I am, I took it as fact. Yesterday, I googled it, and found the opposite is true. Hillary is interested in allowing a break between 97,500 and 200,000, while adding social security tax to household incomes exceeding 200K. Hannity clearly misled in this instance.

These are the types of tactics that have always kept me from listening to political talk radio.

 

[Cie]

3.)Here is a fact and not a statistic-Have a friend who is a GM of multiple luxury car dealerships . The Truly affluent folks are holding on to their cars longer before trading in and buy/leasing new again.(that tells me the folks with moneyto spend are a bit worried and are clamping down on what they deem as discretionary spending)
when the dollars stop being spent and circulated it usually leads to a "recession".I believe it may already be here

Definition of recession:

A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.

 

[DOGS THAT BARK]

roc612 per your question

"The 64,000 question is this: Are we as AMERICANS a.) better off than we were prior to 2000 or even 2004?"

I can only assume from this that you and your friends/neighbors are not better off?

Would you please share to the rest of us which particular things contributed to the failures of you and yours these past 8 years?

 

[yyz]

"The 64,000 question is this: Are we as AMERICANS a.) better off than we were prior to 2000 or even 2004?"

I can only assume from this that you and your friends/neighbors are not better off?

Would you please share to the rest of us which particular things contributed to the failures of you and yours these past 8 years?

NCAA Football and NFL Football.........

After this weekend, the recession continues.............

 

[roc612]

Dogs,
Heres some LARGE reasons
wages- small increases or worse yet stagnant wages-Period= not keeping up with inflation.
Health care- costs SIGNIFICANTLY more for SIGNIFICANTLY less
My Mom Just passed away after an extended (16.5 Months) bout with cancer. My dad would be faced with incredibly large medical bills from what medicare does not cover except that he has somewhat affordable health care from his former employer.How many of us will have that luxury at age 80(not many - and I will bet the farm on this)
the exception is our elected officials the have kick-butt private health care even in retirement
Jobs- My wife had a an administration position with a Home builder(listed on the NYSE). She avoided two layoffs earlier this year but was recently layed off with almost 50% of the employees at this company .She was/is an excellent worker, but it didnt matter-Nobody is buying much in the new home market
I have more friends in real estate, Title companies and the mortgage industry that are living off their home equity line of credit because they have to eat and live.Good realtor friend with husband and two kids living off credit cards/credit line
I have another close realtor friend working full time at Home depot in tha garden dept. Recently the GM of new restaurant (steakhouse chain) told me he was inundated with People from the housing/title/mortgage industry looking for jobs
By the way -he didnt hire any of them because he felt that wouldnt want to stay in the restaurant industry for 3-5 years as " career" servers/bartenders. I cant blame the guy. he is hoping for as little turnover as possible- but its not a good a sign.
have another with 25 years experience in the R E title business(out of work 5-6 months-just got a job in the last 4 weeks)
Its not just me- you just need to look around.there's lots of folks that are already struggling and the housing market isnt close to having the dust settled on it yet.
this economy is dependant on the home industry and the car industry-Not many are buying cars either-FYI
Otherwise all is good
Roc

 

[roc612]

Dogs,
Sorry if the reasons above werent the kind of failures you were hoping to read about.Just a working class hero here.Just trying to keep his head above water with his working class hero-type friends and relatives.
Of course politicians might better describe me and my circle of friends, family and aquaintances as VOTERS and not failures.
You and Rush and Sean and Glenn Beck have a hard distinguishing us that way because we dont vote the GOP ticket.Lots of my friends are GOP voters who arent voting the GOP platform the next election(do you think its because they're better off or do you think they just "FAIL" to see how much better off they are?)
Roc-out